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  1. #1

    Anyway I can use this knowledge to help me (preferably not buying out all their gems)

    So I've only noticed it on a few cuts (delicate/bold/brilliant inferno) but no matter what the market is at, there are 2-3 sellers who instantly undercut be it 20g-150g and have been setting the price at 100g buyout. Is there anything I can do about this? The only thing I can think of is buying out all their gems, but they normally add 10-20 of each gem at a time, and I'd rather not buy up all of their stock especially since there are already about 5-6 other sellers who are waaay more active when it comes to relisting their gems

  2. #2
    Aeg's Avatar
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    I would love if someone decided to try buying me out. I would not reccomend it though.

    Quote Originally Posted by Mooseknucks View Post
    So I've only noticed it on a few cuts (delicate/bold/brilliant inferno) but no matter what the market is at, there are 2-3 sellers who instantly undercut be it 20g-150g and have been setting the price at 100g buyout.
    Can you elaborate a bit more on this sentence? They undercut you at 20g but set the price to 100g?

    Also if they are posting stacks of 20 at a time are they undercutting every time you post 1? How many need to get posted before you get undercut? You could make them spend a lot of gold on deposit and relist fees if they are doing that.
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  3. #3
    Quote Originally Posted by Mooseknucks View Post
    The only thing I can think of is buying out all their gems, but they normally add 10-20 of each gem at a time, and I'd rather not buy up all of their stock especially since there are already about 5-6 other sellers who are waaay more active when it comes to relisting their gems
    Don't buy them out unless you know you can move their stock at a higher price. That means you are able to buy enough to move the price up, AND have enough time to babysit your gems to ensure that they sell with the heavy competition. IF you are able to do this, understand that both the undercutter and you are winning. From the undercutters perspective he is selling his gems for exactly how much he wanted for them. From your perspective you are selling them for more However, this action will not stop him from coming back later with more gems (remember, he's also winning).

    The other option is to undercut your competition. This won't maximize your profits (assuming you could have flipped his gems), but it will potentially cost your competition their deposits. Unfortunately this strategy requires a lot of babysitting in heavily competitive markets to stop them from undercutting you as well.

    If everyone is undercutting everyone the biggest losers are the ones posting the most unsold auctions. Just as Aeg suggested you may be able to cost your competition a lot more gold than you are losing if they are posting in large numbers and you are just posting singles or doubles.

  4. #4
    Thanateros's Avatar
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    I wouldn't recommend to buy his auctions, since you never know how many items he has in his bags.

    This is what i would do: Post exactly one of those items, by undercutting for 1s. Duration of the auction: 12 hours. If he keeps reposting, that's what you do: Reposting by undercutting for 1s. As long as there's still a decent profit available. This way you're a) pissing the guy off since he has to cancel all his auctions (or gets spammed if the auctions run out) and b) make him lose some gold and c) still make a little profit.

    I got the same problem on my server for my "De-weaponized..."-Pet. I sold lots of them for 750g when 4.1 hit (Production Cost: 100g), then i went a bit higher to 999g after few days and still sold a few. But right now, there's always a person which keeps posting them for 550g. So since there's still a lot of profit, i undercut him and cancel the 999g-auction. I check my auction very often a day, and as soon as my pet is sold, i post another one at that price. As it seems, the guy which undercuts me checks his auctions only once or twice a day, so it must seem to him as noone's buying that pet - and after five or six days, he stopped posting the pet and i was back at 999g ;-)

  5. #5
    Kathroman's Avatar
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    This is what I would do. Use 1 gem to bait him down to 20g (unless I misunderstood what you were saying). At that point, I would buy a few of his, maybe 2 or 3. If you then set your own threshold at say 40g, or 60g, you only need to make 1 sale in order to cover your costs. A lot of this will depend on the timing on your server, but if you believe you should be able to to sell 1 gem at 60g, then why not buy 3 or his for 20g? Let him go through all the trouble of processing more ore.

    Anyone that tries to use time as an advantage over you (AH camper, always logs back in after you log out, etc. ) is most often going to be vulnerable with their own time. Once you start to see someone who clearly doesn't have enough respect for their time, you really need to "help" them resent it. If they want to outwork you, make them work even harder and see how far they are willing to go. Not every threshold in this game is a gold amount... Use all your resources.
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  6. #6
    jbo0225's Avatar
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    One thing I have done is to play the patience game. This man not well work with Inferno Rubies due to volume and demand on your server(I've had some success), but it works like a dream for cuts that sell in lower volume that get flooded. I use auctioneer to deep undercut by 20% without letting the price go below 60% of market value and post them on a 48hr list at a time. I've often been able to get them down so low they come up in my auctioneer vendor scans. In most cases the sellers either sell out over time at low low prices(thus depleting their stock especially since the shuffle change), become frustrated at the low costs and stop posting, or buy me out(still at a profit of course). I generally start this process on a Monday right before maintenance, and by the weekend the flood is lower and I can sneak at peak hours on the weekends and either flip the cheap stuff or post if the market is vacant.

 

 

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