Guild Wars 2

To anyone who plays the tp a good bit:
i’ve started messing around with the tp. i broke my wrist (falling off a ladder), so i don’t have good range of motion in my left hand right now, which makes playing my current 80’s as cash earners. my answer to this is to spend a bunch of time on the tp while i recover to earn golds.

I’ve been finding many of my auctions undercut, not by a handful of copper, but drastically, like 5-10s sometimes (when i post a new item, i undercut by 1c the lowest price, so it’s not like i’m asking ridiculous amounts for my stuff).

my question is this: do you find it more cost-effective, when you have many of an item (say, 100+), to buy the undercut items for resale, take down and repost your items undercutting the lower priced ones, or to wait on the undercut items to sell before you maybe get the revenue stream back from your current listings?

I don’t remove items that I’m selling for at least week. The market is always in flux and the selling price does churn in a range. Unless of when you posted the price you undercut was already outside of that range so you are as well and the price may never get back up to that point for a while. Especially true now as the markets are in flux due to HoT and GH progression shifting what’s in high demand around around daily.

Now it’s possible that I’m one of “those people” who undercut you by more than a copper. Because I don’t want to eat another post fee I want to make my items attractive relative to the rest. Yes that means I’m not maximizing my income but an item sitting on the TP indefinitely isn’t coin in my pocket, it’s inventory that’s not moving.

As for your question, normally it’s a dumb move to buy out your competitors because of the fees and taxes. You would need to relist them roughly 20% higher than what you bought them at simply to break even. And since it’s virtually impossible to control the influx of new supply, that will undercut your items, it’s a losing battle.

But that’s my opinion.

so you think it’s more worthwhile to play a longer game with a higher volume of standing listings than to try to get some lesser profit by continual undercuts. ok, thanks for the advice

Maybe I didn’t understand what you were asking. If you buy out the supply that is undercutting you, those items would need to be relist at roughly 20% more than what you bought them at simply to break even on those. Now if they are undercutting you by 15% or more, then it may make some sense but if they are only undercutting you by less than that you would be losing money in the long run.

I’m advocating listing you goods at a price that buyers are willing to pay rather than what you think it should sell for. I’m advocating a quicker sale where you make more coin than if you “sell instantly” but don’t have a lot of persistent items for sale on the TP. I’m not an invester, I’m the car dealership that depends on velocity of sales, I don’t want inventory lingering but I’m willing to ride out a short stint of being undercut.

I only have two listings that are over a day old and they are nearly a week now and very soon I will eat the posting fee and relist them at a price that should move them within a day, even if I take a loss. I would rather have the cash on hand than something that currently have lots of listings undercutting it by a large amount. The price is not going to bounce back soon unless there is another market shift.

ah, ok. understood and thx again