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Why do people get so upset at getting undercut on the AH?
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Post by
lonewarrior
Everyone forgets that theres not just 1 person buying the goods you are putting on the AH.
If you place something, from a cardinal ruby to a stack of raw mud snappers, theres allways more then 1 person looking for it. Thats the whole idea behind selling everything u find, theres allways someone desperately looking for the item you have in your bags.
Putting a stack of mudsnappers on for 5g, and getting undercut by 1c dosn't really do much. It just takes 1 more person to buy your stack. All it costs is more time, but if you are lacking time, you shouldnt really play WoW or get into doing business at the AH
This pretty much says it all. As someone who considers the AH his third profession I can vouch for it. I have never failed to get my price for an item..more often then not I usually get above value..how.? by being patient. I'm willing to shelf my item for a few days if I have to until the market favors me (some latest examples, stacks of wool sold for 45 gold each...10sungrass herbs sold for 120gold ... ICC farmed BOE item sold for 15000.) It's all about timing. I don't cater to the cheap skates..just the opposite, there are many long time players out there with lots of gold and many alts that just want an item now, irregardless of cost.
PS. Just curious..do the complainers of AH undercutting whisper a seller that their item is too cheap and that they should up their price before they will buy it ?..I don't think so. It goes both ways.
Post by
Ksero
whenever see someone selling something for over 100g that's been undercut by 1c to 1s i will simply buy the more expensive one, not like the its going to hurt me. also, if im selling something expensive (darkmoon cards / BoEs etc) and i get undercut by 100 or 200g, i will simply buy the person out and sell it myself on another toon, for a higher price than my original.
Post by
anywherenotes
whenever see someone selling something for over 100g that's been undercut by 1c to 1s i will simply buy the more expensive one, not like the its going to hurt me. also, if im selling something expensive (darkmoon cards / BoEs etc) and i get undercut by 100 or 200g, i will simply buy the person out and sell it myself on another toon, for a higher price than my original.
So would you recommend actually listing items for 1c over the lowest price?
Post by
Zoneseek
I hate seeing things in my mailbox that didn't sell, so whenever I post "unpopular" items that can be difficult to sell i undercut the living crap out of them. Like if someone has essence of undeath or some other crappy level 60~ item on there for 5g, expect to see me toss it up for 1g. I'm willing to spend that small amount of time to get more then i would from the vendor, but im not willing to relist items 500 times for the sake of a few g's.
Post by
WolfwoodSama
There seems to be a lot of confusion when mixing "ethics" with "economics"...
I sell glyphs to make my virtual income. When I first entered the market there were several glyphs selling for 35g or more, and all of them had several sellers all undercutting by copper at a time, but still maintaining the average price. Step one was to buy out the herb market, every stack of Northrend herbs for under 20g, I bought. I then used those herbs to stockpile glyphs, lots of glyphs, and proceeded to "carpet-bomb" the market. I undercut every glyph on the AH by 20g, with a minimum of 10s.
As a result, current glyph sellers would have to take a massive profit hit to compete, and with no herbs to purchase to make more stock, any resistance would be short lived. In addition, farming more herbs would be time wasted compared to the profits I would make and maintain. Before long I had most of my glyphs selling at a solid 6g-10g, depending on the glyph.
The reason this worked in the beginning was because I was undercutting by so much (while still staying near a profit margin) that my glyphs would instantly sell, leaving theirs' on the AH. No matter how you swing it, gold in the mail is better than an "Auction Expired" notice.
Ethics have no place in the market, ever. The people saying anything is a "!@#$ move" are from the same crowd of people who sell crafted goods on the cheap because they 'farmed it for free", or who don't believe in charging for jewelcrafting, enchanting or otherwise.
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530859
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300899
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Post by
gratscot
There seems to be a lot of confusion when mixing "ethics" with "economics"...
I sell glyphs to make my virtual income. When I first entered the market there were several glyphs selling for 35g or more, and all of them had several sellers all undercutting by copper at a time, but still maintaining the average price. Step one was to buy out the herb market, every stack of Northrend herbs for under 20g, I bought. I then used those herbs to stockpile glyphs, lots of glyphs, and proceeded to "carpet-bomb" the market. I undercut every glyph on the AH by 20g, with a minimum of 10s.
As a result, current glyph sellers would have to take a massive profit hit to compete, and with no herbs to purchase to make more stock, any resistance would be short lived. In addition, farming more herbs would be time wasted compared to the profits I would make and maintain. Before long I had most of my glyphs selling at a solid 6g-10g, depending on the glyph.
The reason this worked in the beginning was because I was undercutting by so much (while still staying near a profit margin) that my glyphs would instantly sell, leaving theirs' on the AH. No matter how you swing it, gold in the mail is better than an "Auction Expired" notice.
Ethics have no place in the market, ever. The people saying anything is a "!@#$ move" are from the same crowd of people who sell crafted goods on the cheap because they 'farmed it for free", or who don't believe in charging for jewelcrafting, enchanting or otherwise.
FINALLY someone who understands how the economy works! and how you can make some real money on the AH. I like they farmers, their the ones making it so I can make 400g in 30 mins just by logging on. But they become little girls when it comes to do anything other then clicking on flowers to pick them.
I'm sick of people crying about "Ruining the market"
Post by
327680
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106006
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106006
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Post by
headhurt
New to forums (Hi guys!).
I will undercut, but not because I'm looking to profit. I just need to get rid of the stuff quickly as my bags are full, banks, and mailbox is full. I'm not talking 1 copper less, I list things at steep discount (25% or more). I figured if the guys who have listed at a higher price can buy my crap and relist it at their rate.
Mia's Clearance Sale...Everything. Must. Go.
Post by
523452
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Post by
zethcarn
All I do is undercut by 1 copper, making mine SEEM cheaper, its like putting something up for 199g 99s 99c, someone would rather pay that than 200g.
Snd if that guy raged, he needs to wake up, economics can be a @#$%^. If it was RL, he wouldn't turn around and whine because someone sells cheaper than him.
Sometimes I purposely don't buy from people who undercut like that just because it's a ^&*! move.
That's actually a very smart move! It's what real-life retailers do all the time! Someone looking at something priced $49.99 will place it in a different mental category than something priced $50.00. We consciously know it's only a penny cheaper, but we're still subconsciously drawn to the 4 instead of the 5.
I've heard of other tricks too. For example, people tend to associate a price that ends in an even number to higher quality item. So something priced $49.98 is disproportionately more appealing than something priced $49.99.
Anyone who uses these tricks in the auction house will gain an advantage.
which just proves most people are stupid is all.
Post by
410689
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Post by
blademage
would this be severe undercutting
thorium bars buy out at around 40g on my server 4 a stack
i would sell them buy out for 35
Post by
261871
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452949
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206732
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Post by
d3xx
For example, frostweave cloth. Miraculously there were no stacks with buyouts on the AH one night so I posted some for 11g 99s. I only put up about 5 stacks, and that was a pretty high price given the average price is usually 5-6g a stack but I figured some impatient person would show up and buy them before more people posted. A couple hours later I notice people put up a bunch of stacks not for 11g 98s or even 10g, but for 5g buyouts. I have no idea why, when they could've taken advantage of the small supply, priced high and we all sell
I agree completely. It makes no sense. An example; solid majestic zircons were selling for 185g each while uncut majestic zircons were 150g. After the AH cut you make a modest profit of 20g or so. Theres some undercutting, but the price stays around there. Then some idiot comes along and posts a dozen solids for 160g each! After the AH cut thats no profit at all. I guess he must have bought uncuts earlier when they were cheaper, got them from emblems or honour, of prospected them. The point is theres no reason to sell them so low. People are happy to pay the normal price.
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