EVE Search - People of EVE stop undercutting each other

All Channels

Market Discussions

People of EVE stop undercutting each other

» Click here to find additional results for this topic using Google

Monitor this thread via RSS [?]

Pages: [1] 2 3 :: one page
Author	Thread Statistics \| Show CCP posts - 0 post(s)
PirateShampoo	Posted - 2004.02.26 18:26:00 - [1] Ok, there have been crazy price drops in the past few weeks... Especially on battleships etc... I understand everyone has been mining Ark and bistot and now everyone wants to sell it off.. But doing that all at once only hurts you. Slow down selling the Mega and zydrine... Keep it balanced.. Dont undercut each other... It only drives the prices down... Try and work out deals with people that have large amounts of those types of ore. ie.. You sell one day and he sells another.. Just to balance it out.. You will make more money doing this anyway. If you see someone selling a Tempest for 105 mil in trade channel and you also have one for sale dont try and sell it for 103 mil... That person will respond with 100 mil and eventually the BS's will go for just over cost. I understand that we all need to sell our goods but lets try not to shoot ourselves in the foot doing so. I am not trying to flame in any way.. I just want to let people know what they are doing to themselves by undercutting each other... Do you like movies about Gladiators?
Deadzone	Posted - 2004.02.26 18:38:00 - [2] I think just about anyone who can actually produce ships in decent numbers knows what they can/can't afford Shampoo. If they want to undercut another person to make a sale, then that is their right and that is just good business. Any corp atm that can mine all the mins to build ships will be able to sell those ships for far less than anyone having to buy mins. Simple at that. Don't get all huffy if someone undercuts what you are trying to sell. Thats how it is, and thats how it will go. Don't like it, find another line of work. Vice-Admiral Executive Commanding Officer Military Command Hadead Drive Yards
Shoopy	Posted - 2004.02.26 18:39:00 - [3] Its market competition...its good for the consumers.
Dark Stranger	Posted - 2004.02.26 18:41:00 - [4] Lol yes lets all make a union and regulate our pricing. Then manufacturers not in the union will undercut our pricing. But hey it works for the American automobile industry... looks at all the plants that have closed in the past 10 years looks at all of the layoffs looks at all the foreign cars in the streets Erm..... Perhaps not. Face it, regulated economies aren't a good thing. You might think that they might be a good thing for the workers or the owners, but in the long run it's not, as someone more efficient will pass you. If you can't compete against your competitors then don't manufacture.
Jim Raynor	Posted - 2004.02.26 18:54:00 - [5] Uhm, what's wrong with undercutting? If someone is prepared to offer a better deal, why can't they? ------ ROBBLE ROBBLE
Fred0	Posted - 2004.02.26 19:09:00 - [6] Most stupid post ever. version 147.
PirateShampoo	Posted - 2004.02.26 19:11:00 - [7] They can... But that just means someone else will undercut them. Then that person will undercut them and it will continue until the goods are givin away at cost... Do you like movies about Gladiators?
PirateShampoo	Posted - 2004.02.26 19:11:00 - [8] hey Fred0 eat my ****. Do you like movies about Gladiators?
dalman	Posted - 2004.02.26 19:15:00 - [9] There is one simple reason: the highways. "All" transactions are made in the central systems. Remove the damn highways and you'll get a market that's much better for the sellers. M.I.A. since 2004-07-30
PirateShampoo	Posted - 2004.02.26 19:19:00 - [10] Also, I have not tried to sell anything and got undercut... I just witness it daily and it is getting quite retarded... Do you like movies about Gladiators?
Poding	Posted - 2004.02.26 19:21:00 - [11] Edited by: Poding on 26/02/2004 19:24:14 I think the problem occurs, not from beng competitive in a sensible way but from the muppets who wouldn't know what an economy is if it was a large roid with "this is how market economies work" in neon pink writing fell from the sky. Ie people selling at mineral price or under because they don't count minerals as costing them anything. Or the other sort of muppet who sells things he produces at ridculous prices, ie the usual 10,000,000 shuttle. Or even worse someone selling Breacher frigates at over 900,000 each, and we are talking about a ship that shouldn't really go higher than 220,000. He had (and probably still does) 24 of them for sale. This sort of behaviour hurts the economy of eve, especially the mineral-cost price wars. Good that lots of people are selling megacyte and zydrine, the price fluctuations are good for the smaller corps who can't mine these ores.
Fred0	Posted - 2004.02.26 20:12:00 - [12] FFS, there's nothing wrong with selling goods cheaper. What you fail to understand and live with is that we have a fully transparent market with total compareability between goods. This is something we seldom or never get in the real world, but we more or less always get in online games. And the result is that we inevitably get short term thinking with an extreme bias towards cash. Good luck trying to change that. For me, it's retarded to even think it.
Fred0	Posted - 2004.02.26 20:16:00 - [13] Edited by: Fred0 on 26/02/2004 20:18:44 Quote: Edited by: Poding on 26/02/2004 19:24:14 Ie people selling at mineral price or under because they don't count minerals as costing them anything. Or the other sort of muppet who sells things he produces at ridculous prices, ie the usual 10,000,000 shuttle. Or even worse someone selling Breacher frigates at over 900,000 each, and we are talking about a ship that shouldn't really go higher than 220,000. He had (and probably still does) 24 of them for sale. This sort of behaviour hurts the economy of eve, especially the mineral-cost price wars. Good that lots of people are selling megacyte and zydrine, the price fluctuations are good for the smaller corps who can't mine these ores. Ummm, you didn't quite finish that thought I think. But I beg to differ. It can all be attributed to the demand and supply curve. Where someone charges extremely high prices because he can and want to wait for someone that needs it that much the one selling things dirt cheap put's a premium on holding his assets in cash. Explain to me why supplies or demands at different/extreme price levels hurt the economy...
Mikelangelo	Posted - 2004.02.26 20:38:00 - [14] You call it undercutting. I call it competitive pricing. Since the price of mega and zydrine have dropped, I passed on most of my savings to my customers, which I'm sure they appreciate. Those that do not do that, will find themselves with excess inventory, and a stagnating isk balance. Again, it's their right to price themselves out of the market. Wanna see something funny? Go to the metropolis region, and see the 10-12 Scythe's that have been on the market for months at 5.25 MILLION isk, and then compare them to the various other cruisers on the market. Thats the moronity that you are advocating.
Smigley	Posted - 2004.02.26 21:08:00 - [15] ...............And the winner of the stupidest post award goes to <DING> <DING> <DING>
PirateShampoo	Posted - 2004.02.26 21:09:00 - [16] Edited by: PirateShampoo on 26/02/2004 21:16:47 Edited by: PirateShampoo on 26/02/2004 21:10:56 Its when prices drop to low... That is what hurts the economy... Its cool to be competitive in price but lately it has been getting rediculous... I know others agree... Fred0 do us all a favor and save the freshman economics class. Do you like movies about Gladiators?
Joshua Calvert	Posted - 2004.02.26 21:24:00 - [17] PirateShampoo, you can wash this post right outta your hair...dum dum de dum de dum dum.... LEEEEERRRRRRRRRRROOOOOOOOOYYYYYYYYYYYYYYY!
Lansfear	Posted - 2004.02.26 21:25:00 - [18] Edited by: Lansfear on 26/02/2004 21:26:50 Most people would do pritty good to just match their competitions price. I'm not much on the market but pooti was saying awhile back that he couldn't find some cruiser out in the .4-.0 areas. And mentioned he wouldn't mind paying more for it. Also a corpie of mine is selling caldari crusers at a very nice price out in the pirate controlled regions. Get away from the highways if you want better prices. The risk realy isn't all that high. Edited for absolutely horrid grammer.
Jideo	Posted - 2004.02.26 21:27:00 - [19] You can ignore the economics lectures, but that's where the answer lies. People "undercut" others because they can't move a certain product. Too much supply and not enough demand is why they can't move them. Simple as that. Don't blame "undercutters" for Tech 1 market problems, blame too many blueprints.
Belzavior	Posted - 2004.02.26 21:30:00 - [20] If a corporation is outbidding you by cutting prices well under mineral pricing. Well thats there silly mistake even if they mine their own goods. Perhaps though it may be their strategy as a way to force themselves into the market. Either way someone performing this inefficiently won't be able to keep up with the production of someone else. So they might sell 2-3 Cruisers a week because thats as fast as they can mine. Who cares? They won't be able to keep up with the guy buying tons of minerals and making 5-15 Cruisers a day.
Fred0	Posted - 2004.02.26 21:34:00 - [21] Quote: Edited by: PirateShampoo on 26/02/2004 21:16:47 Edited by: PirateShampoo on 26/02/2004 21:10:56 Its when prices drop to low... That is what hurts the economy... Its cool to be competitive in price but lately it has been getting rediculous... I know others agree... Fred0 do us all a favor and save the freshman economics class. Vague will get you nowhere. And if you want me to quit the lectures, why do I feel I need to do the kindergarten ones after your last reply? There is no too low.
Fred0	Posted - 2004.02.26 21:35:00 - [22] Edited by: Fred0 on 26/02/2004 21:35:58 /me slaps the boards..
PirateShampoo	Posted - 2004.02.26 21:40:00 - [23] Edited by: PirateShampoo on 26/02/2004 21:46:45 My point was simple... I believe that prices have fallen waaay to fast. Mega went from 13k to 7.5k in less than 2 weeks... Whats wrong with that picture? Again, simple... That will bring down the price of goods for everyone; thereby decreasing profit. I guess my post was self serving and it was pretty much directed at people who have access to these types of ore... Everyone understands supply and demand thats why I got annoyed at your self gratification through posting your horribly boring and obvious high school economics theories. Discussion is over now all is well. gg's. Do you like movies about Gladiators?
Morning Maniac	Posted - 2004.02.26 21:46:00 - [24] Let me defend Shampoo here, a little. I understand what most people are saying, they lower the price to move greater quantities. Simple as that. If you got something at a reasonable price then people will buy it, if it's really expensive they'll think twice and some might not buy it. For consumers (all of us) this flood of cheap minerals is a good thing. What I do hate is they if I put up a sell order for a Whatsit for 40k a unit then someone else comes along and puts a sell order up for 39,999.99 or something like that. That has nothing to do with competitive pricing or being more efficient, it's just annoying. If his Whatsit BP is ME100 and mine is ME3 and he makes then for 5k and sells for 10k then that's cool. I myself find the lowest price in the region and if that is near to the price I want to sell it then I match it, don't undercut. It's up to the buyer then where they want to buy it. Remember, marketing has 4 elements: - Product (can't do anything with it in Eve, your Raven is as good as the one I built) - Promotion (spam cans and trade channel is all I can think of, oh, and the forums) - Price (the only thing the industialist minded people in eve are focussed on) - Place/Location (what the clever traders focus on) Most producers really fall short on the Place/location bit. Most players will buy that 40k Whatsit within their own region even though you might have it for sale in the middle of nowhere for 6k, especially if you don't promote your offer either. For a BS people might shop a bit but in general you need to make things easy for your customer if you want to sell and you can often get a better price as a bonus. MM Channel "EVE University" www.eve-university.cjb.net (ingame) EVE University commercial
Fred0	Posted - 2004.02.26 22:36:00 - [25] Quote: Edited by: PirateShampoo on 26/02/2004 21:46:45 My point was simple... I believe that prices have fallen waaay to fast. Mega went from 13k to 7.5k in less than 2 weeks... Whats wrong with that picture? Again, simple... That will bring down the price of goods for everyone; thereby decreasing profit. I guess my post was self serving and it was pretty much directed at people who have access to these types of ore... Everyone understands supply and demand thats why I got annoyed at your self gratification through posting your horribly boring and obvious high school economics theories. Discussion is over now all is well. gg's. Haha, this is the point. You think. Well, you can't argue with the market mate. And when you try to manipulate it by posting garbage on the forums you will get called upon it.
Belzavior	Posted - 2004.02.26 22:39:00 - [26] when a person cuts your price by a fraction of an isk, then I think thats something different all together. That isn't being competitive, that is kinda similar to griefing as they just blocked the access of my goods by being only .01 of an isk cheaper. Though if they beat my pricing and doing so in a competitive manner then its all fair to me.
Jideo	Posted - 2004.02.26 22:58:00 - [27] If the issue is with the recent precipitous drop in Megacyte prices affecting BS prices, then to me that's really a non-issue. As a producer, dealing with the fluctuations in Megacyte and Zydrine prices is part of the game. It's unrealistic to ask someone who built his Tempest with the Megacyte he bought at 7500 to sell his Tempest at the same price as someone who built his Tempest with Megacyte at 12000. If he can sell his Tempest quicker at a lower price and still make a nice profit, he will do so. Producers not only have to worry about cost and profit, but turnover rate is important as well. Selling for a little less gives you less profit, but it frees up your isk faster so you can invest in your next product. On the other side of the coin, sometimes you need to sell at a loss as well. The producer who bought the Megacyte at 12000 will need to sell at a possible loss because the market price is now below his cost. It's too bad, but that's just the way it is. Seeing someone undercut you by 1 isk or less is annoying I admit, but I find it less and less so. Why? As a consumer, I find I will buy from the seller with a reasonable price closest to my current location. So if someone is selling what I'm looking for in the same system and it's not the lowest price in the region but the price is still reasonable, I will buy from him. Spending 20 minutes to jump 10 times to save a few thousand isk is silly since you can make a lot more in the 20 minutes you just wasted. So unless the new sell order is at the same station in the same system, your product will still appear on the market and available to the savvy consumer.
Ray McCormack	Posted - 2004.02.26 23:26:00 - [28] Eve works well when taken into consideration the timespans involved. Most gamers demand instant gratification; but unfortunately this is just not possible in a player-driven market. I liken the trading aspect of Eve to a management or strategy game, most of which you'd play over several hours. If not days. When placing a sell or buy order, I usually allow a week for it to go through. Well, the realistic ones... I intentionally set the period to 3 months, and while I have never been made to wait so long (well, once, when I set Phalanx Rockets at 720isk); and plan my time online accordingly. Although, while patience may be a virtue, instant satisfaction is truly gratifying. Players will undercut each other, and continue to do so. Prices will fluctuate, and items will get nerfed. My philosophy is to sit things through. And no worries, she'll be right... \| The BIG Lottery \| The BIG Deal \| 641952 \|
Belzavior	Posted - 2004.02.26 23:48:00 - [29] No I mean selling at .1 or 1 isk cheaper at the same station you are at. Thuse effectively blocking your order. If someone at a different station than me is just a bit cheaper then fine.
Lysender	Posted - 2004.02.27 00:29:00 - [30] Quote: Ok, there have been crazy price drops in the past few weeks... Especially on battleships etc... I understand everyone has been mining Ark and bistot and now everyone wants to sell it off.. But doing that all at once only hurts you. Slow down selling the Mega and zydrine... Keep it balanced.. Dont undercut each other... It only drives the prices down... Try and work out deals with people that have large amounts of those types of ore. ie.. You sell one day and he sells another.. Just to balance it out.. You will make more money doing this anyway. If you see someone selling a Tempest for 105 mil in trade channel and you also have one for sale dont try and sell it for 103 mil... That person will respond with 100 mil and eventually the BS's will go for just over cost. I understand that we all need to sell our goods but lets try not to shoot ourselves in the foot doing so. I am not trying to flame in any way.. I just want to let people know what they are doing to themselves by undercutting each other... I'm hoarding mega and zyd. If I see a tempest selling for 99 million I'm buying the sucker!

Pages: [1] 2 3 :: one page
First page \| Previous page \| Next page \| Last page

COPYRIGHT NOTICE
EVE Online, the EVE logo, EVE and all associated logos and designs are the intellectual property of CCP hf. All artwork, screenshots, characters, vehicles, storylines, world facts or other recognizable features of the intellectual property relating to these trademarks are likewise the intellectual property of CCP hf. EVE Online and the EVE logo are the registered trademarks of CCP hf. All rights are reserved worldwide. All other trademarks are the property of their respective owners. CCP hf. has granted permission to EVE-Search.com to use EVE Online and all associated logos and designs for promotional and information purposes on its website but does not endorse, and is not in any way affiliated with, EVE-Search.com. CCP is in no way responsible for the content on or functioning of this website, nor can it be liable for any damage arising from the use of this website.