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Robacz
Essence Trade
Essence Enterprises
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Posted - 2008.03.15 15:55:00 -
[1]
Try to contact them and create 0.01 cutting cartel with them, sometimes it works. 
I have portfolio full of items which would sell at same rate for a lot higher price, but if they are happy with current profits (often becouse they don't count with real price of minerals/components), there is nothing you can do.
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Robacz
Essence Trade
Essence Enterprises
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Posted - 2008.03.15 16:21:00 -
[2]
Edited by: Robacz on 15/03/2008 16:22:15
 Originally by: Welshdog
If you undercut by 100,000 or 1 million then there's a chance people won't undercut you, as doing so would take a significant chunk out of their profits. They might prefer to wait it out, let you sell your stuff then sell theirs at the higher price. You might destroy the margins on an item like this, but it will only be temporary and can force people with the time to sit there undercutting all day out of your market so you can go back to making profit a few days later.
This sometimes works with limited supply items, but almost never with unlimited supply items, yet people do it again and again, even though they see it has zero effect. Besides, when someone leaves the market becouse of low price, he will come back as soon as the price recovers.
Anyways, it is pointless to cry about this, just cut them back. 
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Robacz
Essence Trade
Essence Enterprises
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Posted - 2008.03.15 18:15:00 -
[3]
Edited by: Robacz on 15/03/2008 18:16:18
Originally by: Welshdog
On an unlimted supply item though, wouldn't the negative effects of someone undercutting by large amounts be a lot less painful to other people trying to sell stuff? If supply adjusted to meet demand, with more manufacturers etc. stepping in if prices increased (is that what you mean by unlimited supply, correct me if not), then if someone pushed prices lower by a significant amount, below the standard price for that item, then could you not just wait for prices to return to that level or buy up the undercutter's items and relist them at a higher price?
Might be looking at this the wrong way but if I wanted to sell a lot of stuff quickly on the market without being on hand to check orders (e.g somebody bringing goods to a market hub from 0.0 or some other remote location) then pricing it a little way below sell orders so that people would be encouraged to buy and relist the whole lot would seem like a good way to do it.
I'd agree with you though that in a crowded hub, for every trader who you discourage from undercutting you with large, regular cuts there are going to be several more happy to accept smaller margins, losing you any advantage you might have had.
You are right, but you must be able to correctly set your price - it must be low enough so it is worth of risk for someone to buy it all and that is usually not the case (typically price is crashed by people who undercut by multiple large steps, but not large enough to be worth of buyout).
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Robacz
Essence Trade
Essence Enterprises
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Posted - 2008.03.15 18:23:00 -
[4]
Originally by: Tasko Pal
Let's keep that phrase in mind. If my costs are lower than yours because I made it from cheap ingredients while you're station trading in Jita, then yes, I can drop the price enough that you'll bail out because there's insufficient profit for you.
Value of ingredients is same for everyone though, it is defined by market price of these ingredients.
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Robacz
Essence Trade
Essence Enterprises
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Posted - 2008.03.15 20:41:00 -
[5]
Originally by: cosmoray
To be honest I love to destroy markets.
If I see an opportunity to make some quick ISK for little effort I do so.
I usually sell quickly at a large amount under the current sell price.
I do this to make a quick profit. I couldn't care less how others horde or update their prices.
It is even sweeter, when people come here and moan about it.
Well if it works and you sell quickly, then its fine. If 5 other sellers cut you in 5 minuters, then it is wasted profit.
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