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Swtor players make worse undercuts on GTN than wow players on AH

STAR WARS: The Old Republic > English > General Discussion
Swtor players make worse undercuts on GTN than wow players on AH

aeterno's Avatar


aeterno
07.10.2013 , 10:47 AM | #11
Quote: Originally Posted by DarthTHC View Post
I also love it when people undercut so severely on finished products that I wind up selling the raw materials used to make them for more than they get for the products.
People don't care. They come across the materials, produce something, GTN it for pure profit and move on. The faster the sale the better.

In a way undercutting can get you more than sticking to the high road because you capture a larger share of the market. Back when I bothered accumulating currency I made a mountain of credits the day augments launched by posting one sale at a tame ALWAYS undercutting. I moved half a cargo bays tab mats worth of augment kits in 3 hours. How it worked out for people trying to hike up the price above me I don't know or care but I suspect their profits that day didn't go into the 20mil+ range like mine simply due to the fact I sold a truckload and their stuff was still listed and 150% my price 2 days later.

Quote: Originally Posted by DarthTHC View Post
Wait... you think war isn't about profit? LOL! From what planet did you originate?
You think that if aliens roll on planet earth tomorrow and start wiping us out humanity will haggle over the price of petrol they'll use to make molotov cocktails?

I'm not talking about some blackwater skirmish in some desert here, I'm talking galactic TOTAL war.

oaceen's Avatar


oaceen
07.10.2013 , 10:49 AM | #12
i don't see what the big deal is.


i sell things all the time for way more expensive than the cheapest item currently listed. a lot of people will just search the GTN, find the first price they're willing to pay, buy it, and move on.

as long as your prices are reasonable, it'll still probably sell, even if people are undercutting you.
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ELRunninW's Avatar


ELRunninW
07.10.2013 , 10:52 AM | #13
Again, someone comparing Swtor to other, lesser games. Swtor is a unique game with unique market participants. Adjust or be destroyed by market PvP.

DarthTHC's Avatar


DarthTHC
07.10.2013 , 10:52 AM | #14
Quote: Originally Posted by aeterno View Post
People don't care. They come across the materials, produce something, GTN it for pure profit and move on. The faster the sale the better.

In a way undercutting can get you more than sticking to the high road because you capture a larger share of the market. Back when I bothered accumulating currency I made a mountain of credits the day augments launched by posting one sale at a tame ALWAYS undercutting. I moved half a cargo bays tab mats worth of augment kits in 3 hours. How it worked out for people trying to hike up the price above me I don't know or care but I suspect their profits that day didn't go into the 20mil+ range like mine
I made a bigger pile of money when Augments were introduced and when they were improved with 2.0 by selling the raw mats that made them. I laughed all the way to the bank this last time each time I sold a stack of 4 Slicing components for 200k and stacks of mythra, turadium, carbonic crystals, and primordial artifact fragments for many hundreds of thousands of credits each while watching the prices of the augments plummet down past 120k. Just sayin'...

Quote: Originally Posted by aeterno View Post
You think that if aliens roll on planet earth tomorrow and start wiping us out humanity will haggle over the price of petrol they'll use to make molotov cocktails?

I'm not talking about some blackwater skirmish in some desert here, I'm talking galactic TOTAL war.
If aliens roll on planet earth tomorrow with the intent of wiping us out or taking us over, we will be gone. There is nothing we can do to compete against a species so technologically advanced to get here from light-years away. The price of petrol will be irrelevant.

Andryah's Avatar


Andryah
07.10.2013 , 10:53 AM | #15
Quote: Originally Posted by ReckonerH View Post
Several of us have basically set the market standard for the price of this particular item for a few weeks now; suddenly a bunch of people undercut the rest of us by like 75% and for this entire week. Cant wait a few extra hours to sell so they'd rather make as little profit as possible? Never had I encountered such outrageous and baffling undercutting in the 6 or 7 years Ive played wow.
If you really want to control a market price, you have to actually buyout competitive lists..in other words.. fix price through control in essence.

Protip: you and your buddies do not get to set market prices. You get to try. But in a competitive market..you will experience cycles when others discount below your desired set point. Wait it out.. or soak up the discounts with your own wallet and flip them.

By the way.. WoW is a bad reference example.. because the AH is dominated by addons that tend to dampen out price variations. Lazy people just check the addon to see what "the price is"...both buyers and sellers. No such dampening devices exsist in this MMO. You have to actually work the market.

Get over it. List later, or buyout the discounts.
When you find yourself surrounded by hostile Clowns... always go for the "Juggler" first.

astrobearx's Avatar


astrobearx
07.10.2013 , 10:56 AM | #16
Quote: Originally Posted by aeterno View Post

You think that if aliens roll on planet earth tomorrow and start wiping us out humanity will haggle over the price of petrol they'll use to make molotov cocktails?

I'm not talking about some blackwater skirmish in some desert here, I'm talking galactic TOTAL war.
profit doesnt always means money.

in your scenario, the aliens that are wiping out humanity is probably doing it for a numerous of reasons.

taking over a habitable planet = profit.

taking all the planet mineral for themselves = profit

enslaving humanity to build, work or do things they deem too "low" for said alien race to consider =profit


if humanity manage to defeat the aliens, we WILL war will each other to the last scrap left on the planet.

Jaing's Avatar


Jaing
07.10.2013 , 11:02 AM | #17
If you are on the Ebon Hawk server, and you are referring to the Black-purple Hawkeye, or the Black-Blue / Cyan Indestructable crystals, then all I have to say is "HA, GOTCHA!!"

Saw some people listing those crystals way back when (more recently for the black-blue and cyan) for 1-2 mil credits a piece. Just because there weren't that many people who could make them. I bought 3-4 of the crystals at the really high prices, reverse engineered them to learn the schematics, then made them and started listing them for lower and lower prices. They list for 2 mil, I went to 1 mil. They went to 999,999, I went to 800k. then went to 799,999, I went to 600k. So on and so forth until the crystals reach regular prices around 100k.

Sometimes people like me get annoyed by others who try to gouge the market. Now I never took note of the names of the people that did the gouging. I just saw the gouging and decided to stop it, made a very large profit in the process as people wanted the crystals cheaper.

It's a free market. You are free to price gouge, and others are free to crash the market..
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ninjonxb's Avatar


ninjonxb
07.10.2013 , 11:04 AM | #18
Quote: Originally Posted by ELRunninW View Post
Again, someone comparing Swtor to other, lesser games. Swtor is a unique game with unique market participants. Adjust or be destroyed by market PvP.
As far as the market goes? What is unique about SWTOR's approach?

Anyways, One problem. In WoW there were many addons that basically automated the AH for you. Making sure you were still making a profit and saying exactly how much to undercut and doing it quickly. That is not here so people just go the easy route and undercut to some quickly typable number.

ELRunninW's Avatar


ELRunninW
07.10.2013 , 11:07 AM | #19
Quote: Originally Posted by ninjonxb View Post
As far as the market goes? What is unique about SWTOR's approach?
Gives people a reason to complain and compare, must be unique since other systems don't give reasons to complain and compare. Otherwise this thread would pointless, wouldn't it?

tumpai's Avatar


tumpai
07.10.2013 , 11:18 AM | #20
Quote: Originally Posted by ReckonerH View Post
Several of us have basically set the market standard for the price of this particular item for a few weeks now; suddenly a bunch of people undercut the rest of us by like 75% and for this entire week. Cant wait a few extra hours to sell so they'd rather make as little profit as possible? Never had I encountered such outrageous and baffling undercutting in the 6 or 7 years Ive played wow.
or maybe, just maybe you are and other people are selling items at too high a price?
''We actually haven't talked about that yet'' -- Bioware staff Oct 23, 2008 - present