Undercutting

[TStryker]

I know this is a *huge* first world problem.

But really, we need to make it a reportable offense if someone undercuts massively. I'm seeing items that were previously going for over a million gil go to less than 200k in a day because people undercut by 200k each.

This is making it nearly impossible to make *any* money on the MB.

[Doozer]

It should also be illegal for irl sales. Hate when that happens.

[Upirlikhyi]

It should also be illegal for irl sales. Hate when that happens.

What do you mean? It's already against the rules for real money transactions

[Jojoya]

What do you mean? It's already against the rules for real money transactions

Where is it illegal to price lower by a significant percentage? We'd never see discount sales for 20-75% off if that were true.

I know of laws against price gouging, especially in times of emergency, but not the reverse.

[Ransu]

Supply vs Demand. Its a thing.

[Ryvaku]

Competitive market. I ain't gonna deal with people who undercut by 1gil.

[boopadoop]

oh. i do that bc i'm not a marketplace fella and i just want my things to sell. is it that bad if it's just one entry of an item? cuz i imagine someone's like "oo, good deal! imma snatch it!" or "ha look at this idiot imma re-sell it for higher" and honestly idc which one gets it

Competitive market. I ain't gonna deal with people who undercut by 1gil.

me tho
if someone does that to me when i check what i have still on sale after a while i'm dropping it significantly bc even if i'm not trying to sell i can't stand people who undercut by 1gil and when i'm buying i buy the next highest one

[Lusarae]

Competitive market. I ain't gonna deal with people who undercut by 1gil.

Lol this. And I'd rather buy from someone who undercut by 100k gil than the guy after him who undercut by 100,001gil. I'm not here to play market goblin games. If you constantly undercut me by 1gil every 15 minutes I check the item I just put on the market, then I'm gonna punish you by undercutting in massive chunks to lower the price and FORCE you to do a proper undercut. Either actually give the customer a proper deal that is worth undercutting me for or expect me to divebomb the price. If you don't like it feel free to buy out my item and resell it at your "original" price and have fun playing with the 1gil undercutting bots. I'm not gonna participate in it myself.

[Alltair]

As another poster already put it: It's all about supply and demand.
If the demand for a product doesn't support/warrant the price then guess what: The price goes down.
If me undercutting a product causes the market for said product to immediately "crash" as you put it then it means the initial price was inflated to begin with.

[dspguy]

As another poster already put it: It's all about supply and demand.
If the demand for a product doesn't support/warrant the price then guess what: The price goes down.
If me undercutting a product causes the market for said product to immediately "crash" as you put it then it means the initial price was inflated to begin with.

Yes and no.

Many sales in this game are not decided by price, but simply by a player wanting that item. They don't care if the item costs 500k or 100k. They will buy it. Then it all comes down to who has the lowest price at that time. So, you can either sell it for 100,000... or 499,999. But it will sell all the same.

While I know supply and demand makes sense to a lot of people, in this MMO, that's not always the case.

Let me put it this way. Let's say I list a piece of gear for 250k. All the recent sales are for around 250k. And another player comes in and lists it for 200k. It isn't like this "deal" is announced serverwide that "Soandso is selling the Body Piece of Pwning for 50k less than the going rate!" Nope. What actually happens is that another player sees the price drop to 200k and then lists theirs for 150k. And the next person lists it for 100k - and so on and so on.

It has very little to do with the price (when it comes to commonly available items like crafted/gathered items). It has everything to do with who has the lowest price.

So either rob yourself of 100k by undercutting by 100k, or undercut by a few gil like the rest of players on the server. Players are fooling themselves if they think their items sell faster because of how much more they undercut by. They don't. And in the cases where someone undercuts by enough to warrant another player buying them out - all you did was hand a bigger profit to a competitor.