Nemo Dorsai Speaker Posted March 27, 2017 Share Posted March 27, 2017 Common Sense Seems To Be Lacking. . . Yes, we all want to be listed so our quantity is sold/purchased "first." But why increment the PUPs by more than one dollar? Doing so accomplishes nothing more than that accomplished by a one-dollar increment except for potentially reducing one's ROI/PROFIT from that transaction. What am I missing? Quote Nemo - The F.O.G. of any War Link to comment Share on other sites More sharing options...
Ripper Posted March 27, 2017 Share Posted March 27, 2017 Common Sense Seems To Be Lacking. . . Yes, we all want to be listed so our quantity is sold/purchased "first." But why increment the PUPs by more than one dollar? Doing so accomplishes nothing more than that accomplished by a one-dollar increment except for potentially reducing one's ROI/PROFIT from that transaction. What am I missing? There are people who want to make their offers more attractive to buyers that actually are looking for the right price to "invest". On the market, there aren't only buyers that buy resources because they need them, but also buyers that buy resources in order to profit by reselling them. 1 Quote Link to comment Share on other sites More sharing options...
Nemo Dorsai Speaker Posted March 27, 2017 Author Share Posted March 27, 2017 There are people. . . ...many thanks 2 Quote Nemo - The F.O.G. of any War Link to comment Share on other sites More sharing options...
Kurdanak Posted March 28, 2017 Share Posted March 28, 2017 (edited) Because undercutting by $1 is super lame. I specifically avoid buying from those who do that (as do many others). ¯\_(ツ)_/¯ Edited March 28, 2017 by Kurdanak 2 Quote Link to comment Share on other sites More sharing options...
PackAnimal Posted March 28, 2017 Share Posted March 28, 2017 Its a competitive market, the price drops to an equilibrium level by doing this 2 Quote Mans two modes of existence can be thought of as his light and dark side. He is either the Protector or the Ravager. The Immovable Object or the Unstoppable Force. Link to comment Share on other sites More sharing options...
Kurdanak Posted March 28, 2017 Share Posted March 28, 2017 Once I bought $50 over average price cause the top 10 people all bid $1 less But yea it is super lame lol. When I want my stuff sold I drop it $25-$100 below the person above me Unless I really need as much $ as I can get I do $25, though sometimes I do more when I know I'm frustrating a $1 undercutter. Quote Link to comment Share on other sites More sharing options...
Apeman Posted March 28, 2017 Share Posted March 28, 2017 I do $25, though sometimes I do more when I know I'm frustrating a $1 undercutter. Chase them down a few hundred and buy it all then repost for your original price.....classic Quote Link to comment Share on other sites More sharing options...
Edwardidk Posted June 15, 2017 Share Posted June 15, 2017 Well, the top of the list does get you sold faster because lots of people cough definitely not me cough are lazy and don't bother scrolling down to buy stuff. And $1 does make some difference if you are buying in bulk... Quote Cheers! If it's stupid but it works, it's not stupid. ? Link to comment Share on other sites More sharing options...
Wiki Mod Dr Rush Posted June 15, 2017 Wiki Mod Share Posted June 15, 2017 I always under/over by $1. As does pretty much everyone in Mensa. This is partly culture, we came from economy models that have maybe 2% profit margins, so dropping even a few cents would put things in the red, but really I've never heard a good reason for bigger drops. Really all I've ever heard is 'muh feels.' 2 Quote 23:38 Skable that's why we don't want Rose involved, so we can take the m all for ourselves 23:39 [] but Mensa is the cute girl at the school dance and she's only dancing with us right now to get our friend jealous 23:39 [] If Rose comes in and gives Mensa what she wants, she'll just toss us aside and forget we ever existed 23:39 zombie_lanae yeah I do hope we can keep having them all to ourselves 23:40 zombie_lanae I know it's selfish but I want all their love 6:55 PM <+Isolatar> Praise Dio Pubstomper|BNC [20:01:55] Rose wouldn't plan a hit on Mensa because it would be !@#$ing stupid Link to comment Share on other sites More sharing options...
Pylon69 Posted June 15, 2017 Share Posted June 15, 2017 Hi I'm Pylon69, and I'm an undercutter. Pleased to meet you. I hope we can tackle this together... Quote Link to comment Share on other sites More sharing options...
Dubayoo Posted June 15, 2017 Share Posted June 15, 2017 Common Sense Seems To Be Lacking. . . Yes, we all want to be listed so our quantity is sold/purchased "first." But why increment the PUPs by more than one dollar? Doing so accomplishes nothing more than that accomplished by a one-dollar increment except for potentially reducing one's ROI/PROFIT from that transaction. What am I missing? The simple reason is you're not online all the time and don't want to constantly watch your market posts. Incremental posts can only be matched if you're regularly there to tick up after someone else ticks up after you. It also sends a message that you're willing to compete strongly, so whoever else is considering incremental posts on top of you needs to watch out. The best thing for your rivals to do is stop and let you go to get your transaction completed. Quote My Avie: https://www.rottentomatoes.com/m/senna/ Shortened versions: https://www.youtube.com/watch?v=n9qZu7h5ys0 https://www.youtube.com/watch?v=mvVqSpS65VE Link to comment Share on other sites More sharing options...
Psweet Posted June 22, 2017 Share Posted June 22, 2017 The simple reason is you're not online all the time and don't want to constantly watch your market posts. Incremental posts can only be matched if you're regularly there to tick up after someone else ticks up after you. It also sends a message that you're willing to compete strongly, so whoever else is considering incremental posts on top of you needs to watch out. The best thing for your rivals to do is stop and let you go to get your transaction completed. This doesn't work. If you undercut by $100, half the time or more you'll come back online hours later to find that someone else dropped their price by $101, and are still beating you. So what did you gain other than to lower the market price of the resource that you're trying to sell? 2 Quote Link to comment Share on other sites More sharing options...
Dubayoo Posted June 22, 2017 Share Posted June 22, 2017 Sometimes, it works. Other times, it doesn't. It depends on price elasticity among competitors. You have to judge when's your competitors are elastic versus when they're not. Quote My Avie: https://www.rottentomatoes.com/m/senna/ Shortened versions: https://www.youtube.com/watch?v=n9qZu7h5ys0 https://www.youtube.com/watch?v=mvVqSpS65VE Link to comment Share on other sites More sharing options...
Doktor Avalanche Posted June 23, 2017 Share Posted June 23, 2017 I undercut by $5. Sue me. Quote Beer. Damn Good Beer. Link to comment Share on other sites More sharing options...
Apeman Posted June 23, 2017 Share Posted June 23, 2017 I undercut by $5. Sue me. How set are you on being sued? In a game where we can't sue, others might find more creative ways of seeking retribution. 1 Quote Link to comment Share on other sites More sharing options...
PackAnimal Posted June 26, 2017 Share Posted June 26, 2017 On 6/23/2017 at 7:06 PM, Apeman said: How set are you on being sued? In a game where we can't sue, others might find more creative ways of seeking retribution. 2 Quote Mans two modes of existence can be thought of as his light and dark side. He is either the Protector or the Ravager. The Immovable Object or the Unstoppable Force. Link to comment Share on other sites More sharing options...
Doktor Avalanche Posted June 26, 2017 Share Posted June 26, 2017 On 6/23/2017 at 1:06 PM, Apeman said: How set are you on being sued? In a game where we can't sue, others might find more creative ways of seeking retribution. No worries at this point of being undercut by me. I stopped selling on the market for right now anyways. Quote Beer. Damn Good Beer. Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.