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Selling at a price YOU think is fair (i.e. a price you are willing to accept for your goods and your time) is NOT undercutting.
Undercutting is intentionally pricing your good just under that of another person in order to COMPETE with them for the same portion of the market (i.e. you can have undercutters at all levels of prices on the same item), and take customers by offering at just under their competitors prices.
If someone is selling something for 10k, and another person comes along and decides to sell for 8k (we are talking tradeskill items with component costs) because that is where their profit margins are acceptible regardless of what someone else wants to price theirs at, that's not undercutting.
If someone is selling something for 10k and another person comes along and decides to sell for 9900, THAT is undercutting.
Calling someone evaluating their cost/benefit ratio at a lower level (and what if they exp somewhere BDs (for example) drop all the time and thus have a much lower component cost per combine?) an undercutting because it "ruins the market" is crap. Not everyone wants to deal with cartels on everything in everquest.
I enjoy the free market economy of Everquest. If the market crashes and its no longer worth it to you to make and sell something, then STOP! No one puts a gun to one's head making them do tradeskills. Costs and benefits constantly fluctuates, and adjusting as you see fit is not some evil thing.
/rant off
I sell for what I consider a fair price. I don't lose plat, and I don't waste my time smithing stuff if it makes me so little plat that its not worth the effort. If that ticks off some other tradeskillers trying to amass a fortune, well, I'm sorry. I'm sure all the hundreds of customers from within my peer level and stage of game that I play with that have purchased affordable items from me more than make up the lack of goodwill from an occasional tradeskiller.
I actually enjoy when other people buy my items and jack up the price 50-100%. I just make more and keep to my standard pricing scheme I have had for a long long time. *shrug*
Undercutting is intentionally pricing your good just under that of another person in order to COMPETE with them for the same portion of the market (i.e. you can have undercutters at all levels of prices on the same item), and take customers by offering at just under their competitors prices.
If someone is selling something for 10k, and another person comes along and decides to sell for 8k (we are talking tradeskill items with component costs) because that is where their profit margins are acceptible regardless of what someone else wants to price theirs at, that's not undercutting.
If someone is selling something for 10k and another person comes along and decides to sell for 9900, THAT is undercutting.
Calling someone evaluating their cost/benefit ratio at a lower level (and what if they exp somewhere BDs (for example) drop all the time and thus have a much lower component cost per combine?) an undercutting because it "ruins the market" is crap. Not everyone wants to deal with cartels on everything in everquest.
I enjoy the free market economy of Everquest. If the market crashes and its no longer worth it to you to make and sell something, then STOP! No one puts a gun to one's head making them do tradeskills. Costs and benefits constantly fluctuates, and adjusting as you see fit is not some evil thing.
/rant off
I sell for what I consider a fair price. I don't lose plat, and I don't waste my time smithing stuff if it makes me so little plat that its not worth the effort. If that ticks off some other tradeskillers trying to amass a fortune, well, I'm sorry. I'm sure all the hundreds of customers from within my peer level and stage of game that I play with that have purchased affordable items from me more than make up the lack of goodwill from an occasional tradeskiller.
I actually enjoy when other people buy my items and jack up the price 50-100%. I just make more and keep to my standard pricing scheme I have had for a long long time. *shrug*
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