Page 1 of 4
1
2
3
... LastLast
  1. #1
    Deleted

    So, that undercutter won't stop undercutting

    I had a guy on an overpriced market trying to undercut every chance he got. So I started pricing low to cut his lust short. But not too low to start being bought. A sort of "wall", but not too aggressive, not too low to be ridiculous, high enough to be at a profit and still not fill worthless if being bought.

    But now it appears he starts undercutting even those.

    If I go more low, it's going to start feeling worthless because the profit will be in the vicinity of 5 to 10% while there is also some risk since the mats shouldn't be depleted too fast. I'd rather keep a lot for later.

    It's also not easy to beat his camping times because he's almost always online at the times needed.

    The only solution I can think of now is to stay firm and not let him be too profitable at those products.

  2. #2
    so, what's your point?

  3. #3
    Deleted
    Deal with it.

  4. #4
    Deleted
    My addons automatically undercut the lowest price on the AH when i put stuff up. It's normal.

  5. #5
    Warchief Mukki's Avatar
    10+ Year Old Account
    Join Date
    Mar 2011
    Location
    ANC! ANC! ANC!
    Posts
    2,090
    Quote Originally Posted by fateswarm View Post
    I had a guy on an overpriced market trying to undercut every chance he got. So I started pricing low to cut his lust short. But not too low to start being bought. A sort of "wall", but not too aggressive, not too low to be ridiculous, high enough to be at a profit and still not fill worthless if being bought.

    But now it appears he starts undercutting even those.

    If I go more low, it's going to start feeling worthless because the profit will be in the vicinity of 5 to 10% while there is also some risk since the mats shouldn't be depleted too fast. I'd rather keep a lot for later.

    It's also not easy to beat his camping times because he's almost always online at the times needed.

    The only solution I can think of now is to stay firm and not let him be too profitable at those products.
    Take a gamble, undercut your product super low, wait for him to undercut you again, then take your items off of the AH. Not that I've done that myself or anything!

  6. #6
    High Overlord Decra's Avatar
    10+ Year Old Account
    Join Date
    Mar 2012
    Location
    Cookie jars every where
    Posts
    108
    Only put one or two items on at a time and see if he still undercuts, if that work see how low you can drive him then buy up all his stuff for cheap

  7. #7
    Quote Originally Posted by fateswarm View Post
    The only solution I can think of now is to stay firm and not let him be too profitable at those products.
    Yes, that's pretty much the only thing you can do.

  8. #8
    On my server, if you want to be competitive in any market you have to be ruthless. I work JC markets and I fight at least 2 bots most hours of the day. They repost on a 15 minute cycle at 1c undercut.

    If your product isn't immediately selling, you need to drive them out of the market. Leaving an item up for an hour or more is asking for an undercut. What I do when my most annoying competition is on (the bots and campers) is temporarily list slow sellers at one item per, vendor cost + listing fee (4g and some change for cut gems). This will flag their addon and prevent them from undercutting you, and if the product sells then at least you've made vendor price. Once you've driven them out of the slow selling markets this way and they get frustrated, or their bot logs, you can pull them and relist for proper prices. I drove 2 competitiors completely out of the Ember Topaz market this way successfully and have now increased profits daily by 30%.

    Bottom line is, undercutting is not just part of the game...it IS the game. You need to be able to respond fast and quick to sell in today's asphyxiating economies. If you can't then get out of the market because it's only going to get worse leading up to MoP.

  9. #9
    Stood in the Fire ironik's Avatar
    10+ Year Old Account
    Join Date
    Nov 2010
    Location
    The beginning of time
    Posts
    495
    Or buy everything he puts up and resell it at your price. Unless he only undercuts by a very small percentage... then it's just wasted money.

  10. #10
    Quote Originally Posted by ironik View Post
    Or buy everything he puts up and resell it at your price. Unless he only undercuts by a very small percentage... then it's just wasted money.
    This is what people who dont have hundreds of K think you should do. Those who make money playing the AH have fingers in every pie there is, selling things even for just a few G profit adds up when you are doing thousands of auctions a day.

  11. #11
    Deleted
    Quote Originally Posted by Farabee View Post
    On my server, if you want to be competitive in any market you have to be ruthless. I work JC markets and I fight at least 2 bots most hours of the day. They repost on a 15 minute cycle at 1c undercut.

    If your product isn't immediately selling, you need to drive them out of the market. Leaving an item up for an hour or more is asking for an undercut. What I do when my most annoying competition is on (the bots and campers) is temporarily list slow sellers at one item per, vendor cost + listing fee (4g and some change for cut gems). This will flag their addon and prevent them from undercutting you, and if the product sells then at least you've made vendor price. Once you've driven them out of the slow selling markets this way and they get frustrated, or their bot logs, you can pull them and relist for proper prices. I drove 2 competitiors completely out of the Ember Topaz market this way successfully and have now increased profits daily by 30%.

    Bottom line is, undercutting is not just part of the game...it IS the game. You need to be able to respond fast and quick to sell in today's asphyxiating economies. If you can't then get out of the market because it's only going to get worse leading up to MoP.
    How is making vendor price ok? Isn't the crafting price higher than the vendor price?

  12. #12
    Deleted
    Maybe he has a surplus of mats? Maybe he already has tons of gold and enjoys controlling markets? Undercutting is the AH, if you are expecting to put up an item for a price you have set and expect that item to sell in today's economy in the game you best hope that you are the only one in your faction working that particular profession. Me? I've pulled out the AH for the time being and holding on to mats that will be used to level up professions in MoP such as cloth or dust, with the rest being dumped on the AH. The only things I generally craft these days are the bracer enchants, and those are slow sellers in my realm these days.

  13. #13
    Deleted
    I'm on a highly populated RP server. I usually just tap markets that are'nt the 'usual' ones. Sure, you can work in gems and such, but when I can farm 20 Thorium in 5 or so mins and sell the stacks for 50-100g because the market is usually only being used by people who're levelling and just came across it anyways, it's big money to make =)

    Those who make the REAL money in the game does not follow a specific guide, they read their servers demands and meet them, creating their own market pretty much. I did the same with 3 minor glyphs. Unburdened Rebirth, Slow fall and Blurred Speed each sold for 500g on our market. I set the price to 250g and began crafting 200+ of each, posting them. Earnt me around 250k gold in a weeks time because people on a high populated RP server will ALWAYS be rolling Rogues, Druids and Mages. Sure, once in a while someone comes by and puts up the same glyph for like 100g or less and sell it, but the rest of the time I dominate the market because not alot of people care to consider those 3 glyphs on my server. But they're all quality of life glyphs and if 310% flight speed has taught us anything it is that people are willing to pay big bucks for quality of life.

    So yeah. Analyze your servers market (Took me about 2 months to find the perfect stuff) and work with that. It's 'easier' to just settle with mainstream products that sells and go into undercutting wars, but you'd be suprised at how often that's actualy not needed.

    Oh, and since it's an RP server, I occasionally farm for RP clothes. Some 30-40 greenies can go for 2-3k gold. But that's pretty exclusive to RP realms.

    Edit: Heck, I even had a long period where I flew through Elwynn farming Copper. Laziness of your peers means when someone starts up Blacksmithing, alot of people can't be bothered to work on even the basic copper bars, and same for JC's.. Usually WHEN I farm them now, it's not more than 15-20g a stack, but at one point where nobody bothered farming them, I made around 50g for a stack of simple copper bars and 80g for a stack of ore. ("Why sell bars when you had the ore and could earn more?" you ask. To dominate both markets as a future investment )
    Last edited by mmoc1f48e0f23e; 2012-07-12 at 01:58 PM.

  14. #14
    Deleted
    Quote Originally Posted by madrox View Post
    Maybe he has a surplus of mats?
    I know he won't go below the 'market crafting cost' which is what I do. I see little value in going below crafting cost (or below minor profit which is more accurate) because while it could work, it might not be that much of a good idea in the long term. Some claim that it does work precisely for the long term but I don't know, I see a lot of risk, which means gold.

  15. #15
    Deleted
    Quote Originally Posted by fateswarm View Post
    I know he won't go below the 'market crafting cost' which is what I do. I see little value in going below crafting cost (or below minor profit which is more accurate) because while it could work, it might not be that much of a good idea in the long term. Some claim that it does work precisely for the long term but I don't know, I see a lot of risk, which means gold.
    Is crafting for slim profits really worth it when you can just hold on to those mats and charge them at a premium in MoP? After the first week in Cataclysm things like frostweave cloth and illusion dust were being sold for obscene amounts of gold after the initial big dump of stock was over as people needed more of those items to level up their alts profession which they would earn by questing or running dungeons and the amount of gold being liquidated into the market meant for the first few months of Cata a lot of people just didnt care about the prices of items. I doubt we will quite see at those scales at the start of MoP, but the principle of just holding onto those mats to sell at the right time for maximum profit which exceeds today's crafting profits should remain the same.

  16. #16
    Quote Originally Posted by fateswarm View Post
    I know he won't go below the 'market crafting cost' which is what I do. I see little value in going below crafting cost (or below minor profit which is more accurate) because while it could work, it might not be that much of a good idea in the long term. Some claim that it does work precisely for the long term but I don't know, I see a lot of risk, which means gold.
    Have you actually considered maybe his crafting cost is actually much lower than yours? I know on my realm I sell the BS weapons around 3-3.5k and am actually making a TON of profit because Truegold costs me 150g a bar where as the "market crafting cost" has those at 300g each. Also, if you dont have the gold to risk, why even bother making scraps just to annoy another player?

  17. #17
    Deleted
    Listen to farabee
    You dont understand the market or ah. I cna sell stuff ay a loss if people annoy me enough, eventually someone gives up or gets bored. Perhaps his crafting costs are lower than your or he actually farms his stuff which means he cna sell them at no loss other than his time. If being king of the hill is importnat enough he will keep you out and return to the market when you have gone.

    If you annoyed me enough I would find out what you sell and destroy all the profit in your other markets as well.

  18. #18
    Quote Originally Posted by fateswarm View Post
    How is making vendor price ok? Isn't the crafting price higher than the vendor price?
    Not when you buy bulk. Certain items that are low-margin slow sellers (any gem that isn't an inferno ruby) that you would usually vendor for instance.

  19. #19
    Deleted
    Quote Originally Posted by 999tigger View Post
    I cna sell stuff ay a loss if people annoy me
    If being annoyed is what drives you, it doesn't help the argument.

  20. #20
    I wait for a certain point in the day, when people are all putting their auction on, I then proceed to undercut them massively. They typically respond, and then I simply buy the now extremely cheap item, and sell it for a profit. Occasionally it can backfire, but the profit from success easily covers that.

    Undercutting though is common, and addons help automate it. Nothing you can do.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •