UNDERCUTTING....

[Momita]

Prices going down!??? Whaatrrt? A food cost 14-20k! And I see weapons costing millions. Where are prices going down!????

after this tread Button in a blanket on my server go down from 20k to 10k D: and i'll yet undercut to 15k D:
but undercutting is normal.. if i want sell an item 10k when for produce i spent 9,9k.. i can.
and in a game if i spent 9.9k for make it i can sell it for 5k! (not smart but possible)

[Mortikhan]

Prices going down!??? Whaatrrt? A food cost 14-20k! And I see weapons costing millions. Where are prices going down!????

Depends on the food and the weapons. Simple supply and demand rules apply at all times. Right now they might be high because there are very few but just watch when there are 50-100 of that weapon. Wait till there are 100 stacks of that food up for grabs. It is all a matter of time before the prices will fall and stabilize or crash completely. The undercutting wars have just begun and there has and always will be an ebb and flow to them. People are going to gouge for now with all the new toys out to experiment with but at the end of the day all this stuff you see right now will be much cheaper 3 months from now. If food is 14-20k a piece on your server then you should consider taking up culinary. Not to make money so much but to eliminate the cost of that food. Double edged sword this crafting business is and you can cut right back if you simply learn to do it yourself.

[Noir]

Depends on the food and the weapons. Simple supply and demand rules apply at all times. Right now they might be high because there are very few but just watch when there are 50-100 of that weapon. Wait till there are 100 stacks of that food up for grabs. It is all a matter of time before the prices will fall and stabilize or crash completely. The undercutting wars have just begun and there has and always will be an ebb and flow to them. People are going to gouge for now with all the new toys out to experiment with but at the end of the day all this stuff you see right now will be much cheaper 3 months from now. If food is 14-20k a piece on your server then you should consider taking up culinary. Not to make money so much but to eliminate the cost of that food. Double edged sword this crafting business is and you can cut right back if you simply learn to do it yourself.

I have all classes craft lvl. Up. In two chars. I have no cost because I farm my own stuff. My point is the prices never been so high. Any item costs your soul. And I'm talking about regular items. High demand items are into tens of millions. Materia? Lol forget. Unless you want tO pay millions too. Before server merge, prices were down. Now, instead of going down, it's sky high. And it's not because lack of items. It looks like everyone is charging crazy prices. You can't even find items +1, because the list show only 10 first low priced items, which are high as hell. Basically you have to check all bazaars to find an item +1. WelcOme back to beta!

[Gidonoidon_Sur]

RE: Signature

Is Northman still around? Please god say yes.

[Maxthunder]

...is getting really annoying.

Im sorry you feel that way but... as I farm all my stuff I can undercut as much as I want because I dont pay for the materials. If you want to make a profit it isnt about how much you can sell it for its about how much the materials cost you. So if you are buying your materials than you wont make a profit unless you price high. Yet those players that farm theor own materials will always profit in the end as there is no addition cost for them.

[Themule]

Im sorry you feel that way but... as I farm all my stuff I can undercut as much as I want because I dont pay for the materials. If you want to make a profit it isnt about how much you can sell it for its about how much the materials cost you. So if you are buying your materials than you wont make a profit unless you price high. Yet those players that farm theor own materials will always profit in the end as there is no addition cost for them.

lol, you havn't read this thread have you? ;-) its not hard to make money in this game and that is not the point. high five though.

[Petdo]

I saw some greedy GSM selling something for 100k... but the cost of making it just only 20k or less if you farm item yourself.
So and try to stay close to their price by set it to 99,999 gil and go to bed.

Next morning I login and check my items all of them still here and that guy cut the price for 1 gil again!
The battle keep on like this for 1-2 days and the 3rd day I can't stand with this idiot anymore so i cut the price by half to 49k... and he didnt follow, and I can sell all my stuffs :P

I think it's not only for cutter... it demand and supply.
If you set price too high, no one willing to buy that piece of crap.
If you set too low, you have low profit.
If you not greedy and set reasonable margin, ppl will buy it and when they buy all from me, the next guys that price higher than me will have a chance to sell their item too!

The guy I mentioned I think he check the price of his item and adjust it more than 5 times a day =='

[ChickNorris]

I am going to undercut cobalt arrows tomorrow due to this thread annoying me.

[Darkillumina]

On a more related topic, I think the disregard for prices in this game compared to say launch FFXI (before inflation) is that for the most part everything is easy to get and you aren't punished for being gimp like you were in FFXI. When coupled with the fact that you had to go out of your way to mine or camp something, it created a sense of value. This meant that certain goods were supplied by certain people and there was an attempt to keep prices relatively stable as it was such a pain in the butt to go out and gather/farm certain items.

In launch FFXI there were people who specialized in mining, people who specialized in a certain craft and people who worked hard to camp certain items. This created a co-dependency in the market in which led to a very pleasing sense of belonging to all who worked in the community. It worked great for about 1.5 years.

Of course this got to the point where things began to spiral out of control because there just wasn't enough gear and supplies to fill the demand which is one of the myriad reasons why prices got out of control in 2006.

Regardless I think FFXIV is heading towards a nice compromise with their current crafting system, especially with the introduction of difficult synths, such as the darksteel gear. Darksteel is hard to produce and accordingly, we crafters who have the time and patience to craft said gear are able to charge prices in accordance with the time and resources we waste crafting said item. At the same time there is still fantastic gear available such as AF and cobalt, which are more readily available and provides an option for those who cannot afford to part with 5 million gil for a body-piece.

Of course since this was just implemented we still see the rampant undercutting as a symptom of the player-base which it is to a certain extent. However since everything is still quite easily obtainable there is little value placed on anything. This is beginning to change as stated in the previous paragraph with the introduction of difficult synths. If gathering begins to change in a certain way akin to FFXI's gathering system we could see the same begin to occur with raw materials. Again, this seems to be a pleasing compromise between the difficulty and exclusivity of FFXI's system and the current FFXIV system.

That being said a caveat to all. Undercutting is ok if done sensibly. But stop and think before you undercut. If there is only 2 items on the AH for 100k don't undercut it to 20k just because you were too lazy to check the history. Undercut tastefully. I've mastered this and profit handsomely and quickly.

Of course as a crafter I just sell double melds and avoid most of this entirely. =)