What is your ACTUAL reasoning for undercutting?

[Alleluia]

I find it funny that the OP makes this sound like your reasoning for undercutting a price must include some kind of personal feelings towards the other sellers. If I decide I need to sell something for 500 gil less than the current offering, I just care that the numbers and the sell rate of the item tell me that I will likely be able to actually sell my item in a timely fashion at the price I'm setting. It has nothing to do with the other sellers. I don't even know or care who they are. Do other people actually bother with that information???

[Mistyregions]

Cuz capitalism and you people overvalue your time. You are doing minimum wage work asking for CFO pay.

[Lium]

Then.... sell to the vendor. Stop messing up the market.

I feel like inflation has hit Exodus. I was browsing the MB last night to look for a new glamour on my dancer, and almost every single piece of gear was 500k and up. Some were actually well over 1 million gil. I had horrible SWTOR flashbacks.

So, just a heads up. I am 100% undercutting each and every one of you to drive prices into the dirt. It's getting totally ridiculous and I don't remember it being this bad six months ago. At least on my server. Maybe people needed extra coin for the new expansion, and that's why prices have gone up so much.

But I'm undercutting like mofo.

[Edax]

I feel like inflation has hit Exodus. I was browsing the MB last night to look for a new glamour on my dancer, and almost every single piece of gear was 500k and up. Some were actually well over 1 million gil. I had horrible SWTOR flashbacks.

So, just a heads up. I am 100% undercutting each and every one of you to drive prices into the dirt. It's getting totally ridiculous and I don't remember it being this bad six months ago. At least on my server. Maybe people needed extra coin for the new expansion, and that's why prices have gone up so much.

But I'm undercutting like mofo.

For me, it's just that fact that the servers are full which is increasing the demand, and my retainers can't keep up providing me the mats to meet the new demand, which is why I've ballooned the price of the items I sell by almost 5x so I can actually have time to play the expansion.

[Niyuka]

I get so much more stuff than I can sell if I would not undercut just playing the game. Its basically the quickest way to turn the stuff that rains into my bags into money, so I can sell more stuff that has piled up in the meantime.
But at some point (been playing since ARR) money has simply stopped meaning anything. I prefer playing the game in most facets over buying stuff from the MB, unless I really dont enjoy that part (gathering low level mats ,for example), so I have piled up gazillions of gil. Its still a habit to undercut anything I sell though.

[CazzT]

I feel like inflation has hit Exodus. I was browsing the MB last night to look for a new glamour on my dancer, and almost every single piece of gear was 500k and up. Some were actually well over 1 million gil. I had horrible SWTOR flashbacks.

So, just a heads up. I am 100% undercutting each and every one of you to drive prices into the dirt. It's getting totally ridiculous and I don't remember it being this bad six months ago. At least on my server. Maybe people needed extra coin for the new expansion, and that's why prices have gone up so much.

But I'm undercutting like mofo.

The price of Thav Onions has exploded on Siren. No idea why. Last time I bought any, about 6 months ago, they were like 400k. Right now they're over 1.5mil. Thankfully a FC mate had a few extra they were willing to part with. I only needed one.

[Hawklaser]

Well, if I'm undercutting you, you might want to check the sales history first. As often I could care less about what the current listed prices are while I do care about what the sales history prices are. From there its just a mix of pricing things competitively and in the right quantities to get things to sell quickly at a reasonable price. The slower something is moving, and the easier it is to get, the more likely I'll undercut.

[Nixxe]

If someone undercuts me by 1 gil I undercut 50k. If you want to undercut then lets do it! 1 gil is so petty. Be a man. Undercut for real. I do this until the value of the item is so low it is a loss to sell it. This usually chases most people away. When this fails to work I simply make the item at a loss many times over till they do leave. Then I smile, control part of the market and rake in your gil.

1 gil undercuts are smart, not petty. What's petty is getting upset that you have competition and throwing a hissy fit.

[Ariel_Valmont]

I don't exactly undercut per say, but I do match the lowest even number price the item is selling at. I do this because plain and simple. If I have something I don't need, I just want it gone from my inventory. If an item is selling average at mid tier at 1500 gil and the lowest price is around 1000 gil. I'm not losing sleep over a 500 gil difference.

My buying habits are pretty much the same. If an item I want at the lowest price is selling for 1000 gil followed by 999 gil and 995 gil. I'll always go for the 1000 gil selling price. For much the same reason, am not losing sleep over paying a whole whopping 5 gil more for an item.

My reasons basically come down to gil is pretty much useless to me in terms of what I need to play the game. I buy the occasional outfit, minion or housing item yes, but it's not something that's really needed to play the game. There's nothing game play wise that I need to maximize gil making for or cut my spending to save as much as I can.

So much this. I prefer even numbers, your 1-5 Gil lower isn’t fooling anyone. City being sold in plays a factor at times as well.

[Losara]

1 gil undercuts are smart, not petty. What's petty is getting upset that you have competition and throwing a hissy fit.

Undercutting by 1 gil on lower priced items makes sense. On something perhaps worth 5 million for example I'll undercut by 10 or 100 gil to differentiate it from the previous product (even though 10 - 100 gil makes no difference at that point) just to get bumped up to the top of the market board.

If someone undercuts me by an extreme amount e.g. dropping price from 5 million down to 1 million I'll buy them out unless the price is slightly higher than I would be comfortable buying out in which case I let them sell at under value and keep my item at the original price.