Which is why I cut by 75%+
I don’t care about maxing profits, I just want the sh-it in my bags to sell for a fair price.
Blockquote - The worst is when u list a pet for 50k. Then some ding bat undercuts u and lists for 10k. Thats the worst AH scenario, everyone gets screwed because of the ignorance of another player.
The only person who loses there is the moron who posted a pet for 50K.
Pets aren’t worth more than 500G. I don’t care how rare they are, that’s what I sell them for at max.
Not everyone who undercuts by 1c is malicious. Some add-ons default undercut to that amount. If the market is not oversaturated everyone will get their cut.
The true worst thing is stacks of 1 for ore and stuff like that. Then I usually scroll down to whole stacks and buy them instead, if only out of convenience, unless they’re hugely overpriced.
Over time, prices stabilize, as both supply and demand find equilibrium. If “everyone who posted that item undercuts by a considerable amount” and it does become “worthless in a few weeks”, that only means that the item was always worthless, it’s just that you could overcharge if people had no other options.
In the real world, when multiple sellers cohort to maintain an inflated price on a good or service, we call that an anti-consumer practice, mark them as a cartel, and on most countries it’s even illegal to do so. If you’re so sure that an item is worth so much more than what someone else is selling it for, you should simply buy it and relist it under the correct price. Put your gold where your mouth is: either the item is truly worth more and therefore you can safely buy all that are being sold cheaply, or the item is not actually worth all that much, and you were simply overcharging people while you had no competition.
The core aspect of capitalism, and particularly the free market, is that supply and demand will dictate the price of goods and services. Supply > Demand results in prices lowering, Demand > Supply results in prices increasing, and eventually you find equilibrium when a certain price is just right to keep moving stock at the same rate it’s being generated.
Whatever I see as the cheapest.
/shrug
Like, honestly, there are more factors that go into it than that but that is the foundation thought. Quantity/Stack Size is another big factor. If I need 30 of an item, chances are I am not going to buy a stack of 200 unless it is FAR cheaper. Depending on what I buy I may buy a more expensively priced auction just to get closer to the exact number I need either with 1 purchase or multiple.
It all depends.
Something as minor as 1 copper though does not even register on my radar and, to be frank, I never notice it. However, I do buy in the order of cheapest to most expensive as according to my addons so more than likely I am buying those 1 copper cheaper auctions over other auctions a good 99.999% of the time.
If I notice that someone is pricing like a jerk I won’t buy their stuff.
Same as above, it mostly comes down to the amount I need, not the price - I just don’t buy a lot of individual items to see the undercutting you mention. When I post stuff, I want it gone and fast, so I undercut by 25-50%.
I’m not paying anymore than I have to.
I buy what my addon put first as the cheapest
Some of you put way too much thought into using the AH. I either buy what’s cheapest or most convenient (ie: if I need hundreds of something, then I’ll often just buy whatever the “cheapest” of a big stack is, even if it’s more expensive than the smaller stacks per item, because every second spent with the sewer that is the AH is a second my soul is shriveling).
I wouldn’t touch the AH at all if there weren’t addons to sort through all the incredibly annoying bs people who apparently live off the AH put the rest of us through in the way they list things though.
every copper counts, i am a cheap bass who fundamentally respects gold farming in its every method. Whining about such things in a video game though, that takes the cake. You sir are my hero, all hail the human randalthor!
As I’m also a seller, I understand that folk who undercut by a copper are trying to respect the market value of an item, so I really don’t care what’s going on with pricing.
Usually for items where folk are undercutting each other by a copper, demand’s high enough that everyone’s items will sell, so not a big deal to me.
Maybe on your server - Area 52. Most servers I suspect this isn’t the case though.
Hello I’m an avid 1c undercutter! My reasoning is this :
1: I want my auction to be the first seen
2: I don’t want to devalue items.
I would much rather someone undercut me by 1c than by 5gold and drop the value of items. If i catch them undercutting me ill just repost. Most of my auctions cost very little anyway. I hate it when items are selling for X and some moron posts a ton of them at a big discount but not a big enough discount to warrant buying them and reposting them, thus dropping the value of the items on the AH. So please if you want to under cut me 1c is fine.
As mentioned by others, my buying strategy is buy the cheapest, unless stack size considerations are in play, where I might pay more to more easily get the amount I need. Just depends.
When I sell I usually undercut by a copper if I think the item is near market value. If I think it’s overpriced I will sometimes undercut by more, by how much depends on a lot of things, namely whether I think I might get one to sell at the inflated price.
Hating on 1 copper undercuts makes no sense and there is no argument against it. we all want to sell our item and there is no way to distinguish ourselves from one another other than undercutting. If I list at the same price as the others then you’ll just choose one of us based on alphabetical order, or randomly. The only way anyone can differentiate themselves from the others is to undercut, and spend time at the ah re-undercutting. It is unavoidable in the current system.
Basically everything Phoob said.
I buy the lowest-priced item that wasn’t priced by algorithm. If they’re all priced by algorithm, I buy from the person whose name I like the most ( and that name won’t have “bank” in it).
I’m not sure how you consider any undercut as “lazy”. I see it as the seller trying to preserve the market pricing while still being the cheapest item to catch the sales. This is basic economics, keeping the WoW economy alive.
I have more of an issue with people thinking that buying the item that was undercut is “teaching” any seller anything, lol. The only thing I’ve learned from this thread is to post auctions on two toons with totally different names, one that undercuts to get the easy sales and one to post higher as the “victim” to sell to SJW’s on the AH.
And before you start to rage, neither is under this name, mwah-hahahahaha!
I buy whichever’s cheapest. I don’t care what the difference is.
Unless, of course, the cheap items are stacks of one and I need a bunch of them. Nobody’s got time for that shipoopi. I’m buying the bigger stack.
I go for the 500g one, every time. Unless it’s already gone and there is no other similar price
This isn’t a store front. I don’t have interactions with the sales staff to build rapport. I am not looking for specific people when I buy because I know them. I don’t have a frequent shopper card that gives me a discount when I shop with you. I look for search by cheapest by item, period.