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Hellspawn01
Amarr
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Posted - 2006.08.10 23:27:00 -
[1]
Dont undercut others only to sell your goods. All you archive in the end is that you drop the price and the next has to do the same to sell it. Sell at the same price as the lowest does in the region and all is fine. Undercutting is the reason why some stuff costs only pennys now.
Ship lovers click here |
Marodi Julita
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Posted - 2006.08.11 00:18:00 -
[2]
capitalism. supply and demand. it's the way it works. Sorry... this isn't a socialist economy
(and no... i'm not a seller)
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Pang Grohl
Gallente
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Posted - 2006.08.11 01:33:00 -
[3]
No, please do undercut. Then when people are selling modules for less than mineral cost I can wave my ISK wand and turn them into suppliers. 
This signature is a tribute to the greatest signature of all time.
It's not the greatest signature ever, it's just a... Tribute!! |
Torlack
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Posted - 2006.08.11 03:08:00 -
[4]
Pang, shhhhhh
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Tim Raynor
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Posted - 2006.08.11 04:47:00 -
[5]
It's part of the game. People can figure out when to sell and when not to sell.
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robacz
Gallente
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Posted - 2006.08.11 06:51:00 -
[6]
 Originally by: Hellspawn01
Dont undercut others only to sell your goods. All you archive in the end is that you drop the price and the next has to do the same to sell it. Sell at the same price as the lowest does in the region and all is fine. Undercutting is the reason why some stuff costs only pennys now.
Only the strong prevail. Anyway, I dont think its good to have same prices, but you need to undercut with brain. Some ppl sitting on hubs undercut 1 unit offers in distant systems without any reason. They should undercut hub prices, not some individual in lowsec 8 jumps away... 
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Buying/Selling: Implants, Cargo Expanders and more |
Moderate Peril
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Posted - 2006.08.11 09:11:00 -
[7]
Originally by: robacz
Only the strong prevail.
In the real world yes, in this game it seems that only the stupid prevail.
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Taurequis
Waylander 01
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Posted - 2006.08.11 11:17:00 -
[8]
Edited by: Taurequis on 11/08/2006 11:17:40
Undercutting is too wide a subject to cover in one simple request.
The need to do it varies massivly on thing like demand, location, item value.
Get a feel for it...
Personally i sell tech 1 modules and ships by the bucket load and I have got to the stage of just not caring what the lowest in the region and system is.
I know i can set constantly set stuff on sale at 50 - 5000% over their minerial value and It will still sell over a 90 day period.
I have yet to fill my max 300 sell orders and i'm at a surpluss of cash and minerials so i just keep dumping stuff up there for slower high profit sales.
I drive prices up in my region but hey I sell tech 1. Someone has to do it.
Taurequis
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Heikki
Gallente
Wreckless Abandon
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Posted - 2006.08.11 11:40:00 -
[9]
Originally by: Hellspawn01
Dont undercut others only to sell your goods
If he is a regular seller, your best bet is to contact him personally and suggest such cartel.
Otherwise you are out of luck; you'll never get mission/PC chainers to agree on no-undercut policy with loot sales. They have only limited number of sale lots and handle multiple kind of items -> have to get rid of items quickly -> must to undercut everyone.
Which is also pretty fast way to reach price equilibrium, where demand meets the supply.
If they really are selling at too cheap price, just keep buying their products and make profit.
-Lasse
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cornfed1
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Posted - 2006.08.11 11:45:00 -
[10]
why i undercut- from a trading newb:
With only a few hundred million in assets i cannot afford to sit and wait on my items to sell at a slow rate.
My income will grow quicker as im able to reinvest larger quantities for a larger return.
say im going after shield boosters and am buying as many as i can at 450k each.
i can 1: resell 100% them for 650k each per day (undercut) or sell 5-10% per day at 690k each.
For me id prefer making the instant cash so that i can expand my investment option. im just not in the financial position where i can sit with most of my isk in these items and wait for the item to sell at 690. - however if i did have the isk to sit and wait for them to sell at 690 i would.
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Marcus Xavier
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Posted - 2006.08.11 23:10:00 -
[11]
One person's undercutting is another person's market value. If the producer is selling at less than production costs, then he will soon run out of ISK or resources... problem solved. If the products are loot... well, not much you can do there except to expand your product mix to limit the impact of loot sellers.
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Zekks MarKeys
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Posted - 2006.08.16 23:49:00 -
[12]
Some people are stupid. I make pos stuff and people were selling high volumes of fluxed condensates for 0 profit i mean they made zip nothing wtf lol.
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Feta Solamnia
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Posted - 2006.08.17 07:08:00 -
[13]
Originally by: Zekks MarKeys
Some people are stupid. I make pos stuff and people were selling high volumes of fluxed condensates for 0 profit i mean they made zip nothing wtf lol.
Did you take into account sovereignity?
Originally by: Oveur
I have access to all market data. Believe me, we have not reached anything close to deflation yet.
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Crazy Harry
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Posted - 2006.08.17 19:52:00 -
[14]
If buyers would give normal prices for the loot, instead of going 90% below the average, we didn't have the need to place a sell order at all.
So give normal prices for the loot, or be undercut, it's that simple
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scarred1
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Posted - 2006.08.17 20:50:00 -
[15]
Originally by: Crazy Harry
If buyers would give normal prices for the loot, instead of going 90% below the average, we didn't have the need to place a sell order at all.
So give normal prices for the loot, or be undercut, it's that simple
Harry makes a great point. Excessive bid-ask spreads particularly for loot items turns many mission runners into small-scale traders. The desire for Quote:
cash now!
drives them to undercut the retailers and producers. This is probably how many of us got our own start . . .
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FireFoxx80
Caldari
E X O D U S
Imperial Republic Of the North
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Posted - 2006.08.18 09:15:00 -
[16]
Sometimes it is major sellers who undercut each other. I recently had 40 Badger's on the market for sale, someone undercut me selling 80 Badgers, this ll in Jita.
Shocking.
What I do the rest of the time. |
Lord Vager
Amarr
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Posted - 2006.08.18 09:53:00 -
[17]
If you have enough capital just by up all the cheaper stock and resell it at your prefared price. I know someone who did that with mining crystals when they first came out and he made a 100% markup for a few weeks.
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EMFI Auditor
Minmatar
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Posted - 2006.08.18 10:05:00 -
[18]
Originally by: Lord Vager
If you have enough capital just by up all the cheaper stock and resell it at your prefared price. I know someone who did that with mining crystals when they first came out and he made a 100% markup for a few weeks.
I didn't know someone resold mining crystals in teh last 2 days? erm. for a few weeks? well I guess he met you and trusted you with this information for 2 days..
(sorry  won't leak the alt debate into this thread but I couldn't resist)
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"The only thing I am gonna argue with alts is wether I should argue with alts."
-- Naphtalia 2006 |
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