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crippledgimp
PostPosted: Tue May 19, 2020 7:15 am 
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Joined: Thu Jan 24, 2019 9:09 pm
Posts: 12
Diskey wrote:
crippledgimp wrote:
Concepcion wrote:
you need to lower your prices. You can only get away with listing it at the exact price when you're the only person selling the item.

You could do 17,901 and probably sell. If you do 17,501 I bet yours will sell pretty fast. if you do 17,001 it might sell even quicker, but there are sometimes people who bid that trying to snipe 1k gil savings.

You have to weigh the factors and risks to decide what prices are best for you. But whatever you do, you almost never want to list it at the exact going rate when an item has plenty of stock.


Well yeah I know I can do that. But this is a regular rotating item.

650ish sold in 2 weeks. (60 in stock / 650 sold in 2 weeks = 10%~ THEN 14 days x 10% = 1.5 days~)

By selling oldest item first it rotates stock quicker and regulates the market better. People know what the turn around time is.

I spent 5 days busting my ass farming clusters, ninja scrolls, tele's, yags, monster sigs, ram horns for what should be around 750K, but it's been almost 2 weeks and I've seen like 100k of it lol. The amount of clusters alone I had were like 200k.


Ill buy them all in bulk for 15k a stack if you're that hard up :)


lol nah. just an observation. game is supposed to get better based on feedback ;)
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Concepcion
PostPosted: Tue May 19, 2020 11:34 am 
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Joined: Thu Feb 02, 2017 8:38 pm
Posts: 613
crippledgimp wrote:
Concepcion wrote:
you need to lower your prices. You can only get away with listing it at the exact price when you're the only person selling the item.

You could do 17,901 and probably sell. If you do 17,501 I bet yours will sell pretty fast. if you do 17,001 it might sell even quicker, but there are sometimes people who bid that trying to snipe 1k gil savings.

You have to weigh the factors and risks to decide what prices are best for you. But whatever you do, you almost never want to list it at the exact going rate when an item has plenty of stock.


Well yeah I know I can do that. But this is a regular rotating item.

650ish sold in 2 weeks. (60 in stock / 650 sold in 2 weeks = 10%~ THEN 14 days x 10% = 1.5 days~)

By selling oldest item first it rotates stock quicker and regulates the market better. People know what the turn around time is.

I spent 5 days busting my ass farming clusters, ninja scrolls, tele's, yags, monster sigs, ram horns for what should be around 750K, but it's been almost 2 weeks and I've seen like 100k of it lol. The amount of clusters alone I had were like 200k.


You still don't understand the system or what we're trying to tell you. You've latched onto this "newest sells first" without understanding it. THAT ONLY APPLIES TO ITEMS LISTED AT THE EXACT SAME PRICE.

All those people selling before you are listing theirs for prices under 18K. The game chooses the item with lowest listing price and sells that first. Posting date is only used as a tiebreaker between identically priced items.

I could list for 1g, and if someone bid 18K, mine would sell for 18K.
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crippledgimp
PostPosted: Tue May 19, 2020 6:27 pm 
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Joined: Thu Jan 24, 2019 9:09 pm
Posts: 12
Concepcion wrote:
crippledgimp wrote:
Concepcion wrote:
you need to lower your prices. You can only get away with listing it at the exact price when you're the only person selling the item.

You could do 17,901 and probably sell. If you do 17,501 I bet yours will sell pretty fast. if you do 17,001 it might sell even quicker, but there are sometimes people who bid that trying to snipe 1k gil savings.

You have to weigh the factors and risks to decide what prices are best for you. But whatever you do, you almost never want to list it at the exact going rate when an item has plenty of stock.


Well yeah I know I can do that. But this is a regular rotating item.

650ish sold in 2 weeks. (60 in stock / 650 sold in 2 weeks = 10%~ THEN 14 days x 10% = 1.5 days~)

By selling oldest item first it rotates stock quicker and regulates the market better. People know what the turn around time is.

I spent 5 days busting my ass farming clusters, ninja scrolls, tele's, yags, monster sigs, ram horns for what should be around 750K, but it's been almost 2 weeks and I've seen like 100k of it lol. The amount of clusters alone I had were like 200k.


You still don't understand the system or what we're trying to tell you. You've latched onto this "newest sells first" without understanding it. THAT ONLY APPLIES TO ITEMS LISTED AT THE EXACT SAME PRICE.

All those people selling before you are listing theirs for prices under 18K. The game chooses the item with lowest listing price and sells that first. Posting date is only used as a tiebreaker between identically priced items.

I could list for 1g, and if someone bid 18K, mine would sell for 18K.


crippledgimp wrote:
Halcyone wrote:
Agreed...
It should really be the oldest item that sells first (for the same price) not the newest.

Put it on the ol' Nas to-do list...

Until then.... 17,999, still works better than 18,000 >.>;;;


Gonna start doing Costco style depending how badly I want it gone lol


Nah brah, I fully understand. Hence the Costco comment.

Absolutely dropping 100 gil will put me before everyone else.

In a real world economic, sharing the same price rotates sellers in this type of situation.

Example, Amazon - The buy box price is $18.99, 14 different people are all selling the item for the same price. Joe Exotic comes in and steals the buy box price for $17.88, then he sells his 12 stock worth of items. Amazon buy box price then goes back up to $18.99, Amazon algorithm rotates seller evenly if the price is the same.

Dude, I sell on Amazon regularly. There are some items that rotate so regularly that they've had the same price for months. It's an "unwritten mutual agreement" between all 14 sellers to keep the same price so we all rotate stock and money. Basic economics :)
Distributing more money to more people will put more money back in the system.
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crippledgimp
PostPosted: Tue May 19, 2020 6:53 pm 
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Joined: Thu Jan 24, 2019 9:09 pm
Posts: 12
cthalupa wrote:
Gollum wrote:
Lowest listing below whatever the bidder offers is what sells first. Listing for exact price people are paying means it’ll rarely move unless it’s a high-demand item.

That said, if two people list an item for the *exact* same price and that price sets either to be “next in line”, it seems like the *newer* item sells first, which is not like retail. Might need more testing to 100% confirm. Would be nice to have that flipped back around.

I've confirmed this 100% in the past. newest listing sells first when items are the same price. super easy to test with just you and your dual box, too. Find an item that's sold out on the AH, get two, put them both up for 1g, second listing will sell before the first.


Alright I actually was super curious today and went and just debunked this.

It does indeed sell oldest item first, not the newest listed.

I confirmed this by selling 1 bloody bolt on my main for 2 gil, then I sold 1 bloody bolt on my alt for 2 gil. Then, on the 3rd mule I purchased the bloody bolt for 2 gil. It did indeed give the money to my main first.

So Costco pricing it is from now on.

Next step, teaching economics MHUAHAHAHAHAHAHA.
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seventythree19
PostPosted: Tue May 19, 2020 6:54 pm 
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Joined: Thu Mar 08, 2018 3:50 pm
Posts: 273
crippledgimp wrote:
Concepcion wrote:
crippledgimp wrote:

Well yeah I know I can do that. But this is a regular rotating item.

650ish sold in 2 weeks. (60 in stock / 650 sold in 2 weeks = 10%~ THEN 14 days x 10% = 1.5 days~)

By selling oldest item first it rotates stock quicker and regulates the market better. People know what the turn around time is.

I spent 5 days busting my ass farming clusters, ninja scrolls, tele's, yags, monster sigs, ram horns for what should be around 750K, but it's been almost 2 weeks and I've seen like 100k of it lol. The amount of clusters alone I had were like 200k.


You still don't understand the system or what we're trying to tell you. You've latched onto this "newest sells first" without understanding it. THAT ONLY APPLIES TO ITEMS LISTED AT THE EXACT SAME PRICE.

All those people selling before you are listing theirs for prices under 18K. The game chooses the item with lowest listing price and sells that first. Posting date is only used as a tiebreaker between identically priced items.

I could list for 1g, and if someone bid 18K, mine would sell for 18K.


crippledgimp wrote:
Halcyone wrote:
Agreed...
It should really be the oldest item that sells first (for the same price) not the newest.

Put it on the ol' Nas to-do list...

Until then.... 17,999, still works better than 18,000 >.>;;;


Gonna start doing Costco style depending how badly I want it gone lol


Nah brah, I fully understand. Hence the Costco comment.

Absolutely dropping 100 gil will put me before everyone else.

In a real world economic, sharing the same price rotates sellers in this type of situation.

Example, Amazon - The buy box price is $18.99, 14 different people are all selling the item for the same price. Joe Exotic comes in and steals the buy box price for $17.88, then he sells his 12 stock worth of items. Amazon buy box price then goes back up to $18.99, Amazon algorithm rotates seller evenly if the price is the same.

Dude, I sell on Amazon regularly. There are some items that rotate so regularly that they've had the same price for months. It's an "unwritten mutual agreement" between all 14 sellers to keep the same price so we all rotate stock and money. Basic economics :)
Distributing more money to more people will put more money back in the system.


This went in a strange direction.

Also, is the OP just a general comment/observation? I don't even know if it was intended to promot a discussion, especially given the replies from the OP.
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crippledgimp
PostPosted: Tue May 19, 2020 7:04 pm 
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Joined: Thu Jan 24, 2019 9:09 pm
Posts: 12
seventythree19 wrote:
crippledgimp wrote:
Concepcion wrote:

You still don't understand the system or what we're trying to tell you. You've latched onto this "newest sells first" without understanding it. THAT ONLY APPLIES TO ITEMS LISTED AT THE EXACT SAME PRICE.

All those people selling before you are listing theirs for prices under 18K. The game chooses the item with lowest listing price and sells that first. Posting date is only used as a tiebreaker between identically priced items.

I could list for 1g, and if someone bid 18K, mine would sell for 18K.


crippledgimp wrote:

Gonna start doing Costco style depending how badly I want it gone lol


Nah brah, I fully understand. Hence the Costco comment.

Absolutely dropping 100 gil will put me before everyone else.

In a real world economic, sharing the same price rotates sellers in this type of situation.

Example, Amazon - The buy box price is $18.99, 14 different people are all selling the item for the same price. Joe Exotic comes in and steals the buy box price for $17.88, then he sells his 12 stock worth of items. Amazon buy box price then goes back up to $18.99, Amazon algorithm rotates seller evenly if the price is the same.

Dude, I sell on Amazon regularly. There are some items that rotate so regularly that they've had the same price for months. It's an "unwritten mutual agreement" between all 14 sellers to keep the same price so we all rotate stock and money. Basic economics :)
Distributing more money to more people will put more money back in the system.


This went in a strange direction.

Also, is the OP just a general comment/observation? I don't even know if it was intended to promot a discussion, especially given the replies from the OP.


I guess I was originally curious if anyone knew how the "same price" rotation worked.
A couple comments said newer sells first, and I thought it should be the other way around.

But, I've now disproved that and have come to the conclusion that even though 18k has been the exact same going rate for Lightning Clusters for months now, people will still undersell the item.
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exelyon
PostPosted: Tue May 19, 2020 9:20 pm 
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Joined: Wed Mar 02, 2016 8:37 pm
Posts: 565
The going for sale price is 17901 or something close. The going buy price is 18k. Why dont you align your for sale price with the other sellers instead of expecting them to align theirs with you?
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