PSA: Do not undercut people by 50k gil or more

[Reinha]

Current going price: 200,000

You offer your for: Anything under 190,000
Verdict: You utter @--, thanks for ruining it.

Then buy it and make an easy 10k profit.

[GoatOfWar]

Undercutting is normal. MASSIVE undercutting is moronic. All you're doing is shooting yourself in the foot while blowing holes in everyone else's feet too.
Short Version of my p.o.v. on the subject:

Current going price: 200,000

You offer yours for: 199,999
Verdict: You little $^&#. (One gil undercutting on large prices annoys me, it's like a slap in the face.)

You offer yours for: 199,750
Verdict: Fair.

You offer your for: Anything under 190,000
Verdict: You utter @--, thanks for ruining it.

Why do people feel entitled for an undercut higher than 1gil?

[GoatOfWar]

Then buy it and make an easy 10k profit.

But you're forgetting about tax.

[VictorSpoils]

Why do people feel entitled for an undercut higher than 1gil?

Well, if you undercut someone by a completely random amount (e.g. 111) and they still undercut by 1 gil, they're actually going through more effort to do so than just lowering it by a round number.

But you're forgetting about tax.

That, and the extra slot it takes up, the extra time it takes to sell, and ultimately the very next undercutter you have to deal with.

[GoatOfWar]

Well, if you undercut someone by a completely random amount (e.g. 111) and they still undercut by 1 gil, they're actually going through more effort to do so than just lowering it by a round number.

If everyone would undercut by large amounts one after another it would crash an item's value, which hurts one's own profit. I won't sell it faster if i undercut by 5% instead of 1 gil... Nobody is waiting for an item to drop 5% before they are willing to buy it, obsessively looking at market boards til the item meets their prefered price.. If someone wants the item, they are buying it.

[Dakuryon]

I..dont want to be mean. But...DUDE.
You got so bent out of shape that somebody is selling the same item as you, but at a lower price that you Reported it?!
Like WTF man. Free market blah-blah-blah, its common sense that somebody would want to buy it cheaper. So selling cheaper is a bigger guarantee for a sale.

But if your are so Gung-Ho about selling it at the price YOU think its worth, then do it.
But dont throw a hissy fit at people who sell cheaper. Just because they were willing to sell for less, and the customer wanted to pay less.
This is Not "Trolling" Its "Competition" And sure you can argue that the value of items go down....but the Customer pays what THEY think its worth.

You can dictate what YOU sell.
But the Customer Dictates what they will Pay

[Ransom]

Why do people feel entitled for an undercut higher than 1gil?

I don't feel entitled. It's just annoying to me.

[KeshLives]

Simple reality on the Market Board:
1) I can price items however I want. You don't get to dictate that in any way, shape or form, and the TOS supports that.
2) If you think an item is underpriced or undercut too much, you are absolutely free to buy it, and take on the risk to get that higher price out of it.
3) if you think an item is overpriced, that is not up to you. It is up to the market. If I price an item I made for 10 gil, and got someone to pay 200K for it, that's my profit. If the market does not buy it, that's my problem, too. If you want to get the item for less, you are free to do so, whether on another server, or going out and farming up the item yourself, whatever. Not my problem.
4) Don't whine about 1 through 3

Corollary to this: if you undercut me 1 gil more than a couple times, you just guaranteed a probable 20% cut in the price, possibly even more, to tempt the undercutter into buying my item, so I walk away with a profit, and no more risk, and they can take the risk to get the rest.

[DerpyWhiskers]

Honestly, if something costs 20K to make, and y'all wanna spend your whole gaming time fighting other bots over trying to sell it for 100K or 99999 or 99997 all day long, I'm happy to dump it for 40K and get on with life and get back to actually playing. You're free to buy it for 40K and continue fighting bots for 99996 and 99995 Gil.

To even reach the idea in the mind that this is reportable or bannable lmao, and to actually spend the 5 minutes filling out a report player form over it, is just about the most insane thing I've read since the "why can't we get pregnant?" thread lol.

[KeshLives]

Honestly, if something costs 20K to make, and y'all wanna spend your whole gaming time fighting other bots over trying to sell it for 100K or 99999 or 99997 all day long, I'm happy to dump it for 40K and get on with life and get back to actually playing. You're free to buy it for 40K and continue fighting bots for 99996 and 99995 Gil.

One of my favorites is something you can sell for 1000 apiece costs me ~40 gil to make, and I make in sets of 600, and I even lower the quality on the HQ items, because HQ makes no difference to it. And some other things that I sell for 600-1000 each in sets of 5-20, and all I have to do is go out mining once a week to get ingredients. And I don't fight the undercutters. It's mostly fighting the posters of 99-item piles, and that's easy to 'overcut' them. I saw a bunch of 99-item sets of X, priced at from 690 to 1200, nothing but 99-item sets, and I sold 10 sets of 20 at 1450 per, i.e. 29000 for 20, that night, while the 99-item sets were still there.