Undercutting by 1 gil?

[Seoulstar]

I never knew that undercutting by 1 gil was a major problem. I understand if someone put something for 500k and someone sells the exact same thing for 100k but..1gil?

[Kuroka]

Forcing me to check my prices like every 5 min and making me so much more work - i usually just put in the lowest price and let it be... why undercut in the first place? Cause YOU wanna sell first? I'd say wo comes first, get first. And we got Retainers in different districts - make use of that. I hate it so much when ppt actually make prices like 986472174 gil and even if i dont wanna undercut, i sure as well only type the first 2-3 numbers and fill the rest with 0 >_>


And there are these stubborn ppl who actually lower every 10 min or smt, I had stuff for 1,2 mill going down to 340k over three weeks, cause no one bought it...

[Vandril]

i usually just put in the lowest price and let it be... why undercut in the first place? Cause YOU wanna sell first?

Or because I can make/get/already have more of the item to sell but am only listing some of my potential stock at any given time. At that point, turnover is far more important than price.

Undercutting by 1g isn't even a bad thing. I'll bet most of the people in this thread complaining over it don't mind when someone posts at the exact same price as them. Cutting by 1g is almost exactly that; the only difference is the 1g cheaper item being higher on the list.

[Tint]

And there are these stubborn ppl who actually lower every 10 min or smt, I had stuff for 1,2 mill going down to 340k over three weeks, cause no one bought it...

and that's why we undercut: to actually sell our stuff.

maybe you have not noticed this yet, but our market is a backwards-auction. we lower the prices until someone buys. sitting on the high price is simply not how the system works. and that the price was able to drop by that amount over 3 weeks in the first place says a lot about supply and demand...

and to be honest: when some people undercut me every 5 mins i will drop the price by a huuuuge amount just to get rid of my stuff and concentrate on other markets. i also will do this when an item doesn't sell after a while, before i throw it away. i have only 40 slots on the market with my 2 retainers. so my space is limited and every item wich doesn't sell takes away a slot for an item wich could earn me some money.

the faster i sell, the faster i can put the next item on the market. simple as that.

[JCharms]

I always undercut by at least the margin of the foreign tax, there's many smart buyers out there.

[Seig345]

I've never gotten upset with people undercutting me by any amount, because if you just utilize a little patience, more often than not your product will still sell. If the demand for your item is higher than the frequency of supply being listed, eventually the cheaper items will be sold and someone will buy yours. If not, either put it away temporarily or cut your losses. This is why I gather the majority of my mats as I level my crafting jobs instead of buying them off the marketboards; I can match the under-cutters and still make a profit. Heck, I can vendor my items and still technically make a profit.

If you're a hardcore crafter who's hard-pressed to sell as fast as possible to open up space, I would just keep in mind that the markets are used by everyone on the server, not just hardcore crafters. Some people simply toss things onto the marketboard to make some quick gil and don't care how low they undercut to do it. On top of that, these forums represent a minority of the game's playerbase; you'll never effectively shame sellers out of undercutting, and the majority of buyers are simply going to buy the cheapest thing listed either because it's cheaper or because it's near the top of the list. You're just inflicting pointless stress on yourself if you try to rage against this.

[ChibiNee]

Best way to stop undercutting (from people who change price all times) should be to divised selling tax by half.

50% of tax when you put item on MB (directly from your gils)
50% of tax when item is sell (from item price)

So if people want to change the price of item he should always pay the 1st tax (and should cost him a lot with time)

[Ksenia]

There are many factors to consider when putting an item on the market board.
If they are stack item, stack size always trumps price.
For end recipes I account for level. Below cap items I know who is dedicated to stocking markets. There are select names on Sarg that will show up in signatures and they have dutifully kept certain markets stocked over the years. Undercutting them bu a few Gil won't matter. I will buy based on the dedicated signature. When there is no signature and it's people unloading quest items, it's a cheapest first. Do the market PvP and accept the wait if you can't.

[ChloeGrace]

Then there a the people who will tank the market on certain goods, just as a giant F U.
This holds true especially with slow moving items. They'll consistently relist it over and over, forcing others to undercut until the price drops to 10-20% of the going rate so they can buy it up for cheap.
The other tactic is history manipulation. This happens a lot when a character has 100s of millions of gil or more, and an alt. They'll list their product, use the alt to buy it all up at an inflated price, then relist. As far as someone checking the history know, that's the going rate. The only cost to the listing player is taxes on the spam buy, which is peanuts compared to the amount of gil they're hoarding.
A less aggressive version of this is when a person buys up cheaply listed items so people buy their's instead.
Unless you track prices on specific items over time, you can't know how much things are really worth. And it changes every patch when new craftables and gearsets come out.

[New_Game_Plus]

Honestly OP, I'd rather have someone undercut by 1-200 gil than someone who undercuts by nearly half.