HELL NO

[Vilkata]

I am no economics professor, but I feel I can "learn" some people a lesson in how not to go broke in EQ. Say I spend lots of time and thousands of platinum to raise my JC skill so I can make items to sell. One popular item is the platinum fire wedding ring ( 5 ac 55 hps). Now, a bar of platinum costs almost 101pp to buy. I know of no place to farm these so I buy them. The fire opals are dropped, but it would take a long time to get stacks. So I load up a toon with multiples of 550 gold ( 55 plat ) and buy them in the temple of sol ro. 101 + 55 = 156pp.
Now im in the tunnel auctioning these and soandso sends me a tell saying " will you take 300pp for 2?" In my head im doing some sums and realize 156+156=312pp. 312pp>300pp. I then come to the correct answer of "no". Soandso then comes back with "how about 400pp?" This makes me think.312pp<400pp, but considering max JC skill is 250 and the item im selling is over 260, while still small, my chance if random failure is still there. Doesn't seem profitable to risk 156pp per ring just to make 44pp. A couple random fails per stack would really hurt. Therefore, I will stay with 250pp per ring.
If this is unacceptable, then i suggest YOU spend the time and plat to raise your skill. Then YOU can sell rings for 150pp each and teach me a lesson to never mess with you again.

[jarshale]

It's not really shocking people are too lazy to research base costs for trade skill items. People will always try to get a better deal.

[B4EQWASCOOL]

Some people don't know that components have a set cost.

[Pringles]

I sell crap in EC all the time at a loss (or well below market price), because I refuse to spend anymore time in there than I absolutely have to. I despise EC, I'll take /baz anytime.

[Vilkata]

Originally Posted by Pringles [You must be logged in to view images. Log in or Register.]

I sell crap in EC all the time at a loss (or well below market price), because I refuse to spend anymore time in there than I absolutely have to. I despise EC, I'll take /baz anytime.

Are you saying you sell items you craft for less than you can buy the materials for?
<3 the bazaar also.

[Swish]

No ethics on the blue server. Over on red we set things straight:-

[You must be logged in to view images. Log in or Register.]

If you see Bube on blue I expect you'll take him for every last copper [You must be logged in to view images. Log in or Register.]

[Swish]

PS: that conversation is about 12-18 months old... prices went down since then.

[Deliverator]

Originally Posted by Vilkata [You must be logged in to view images. Log in or Register.]

I am no economics professor, but I feel I can "learn" some people a lesson in how not to go broke in EQ. Say I spend lots of time and thousands of platinum to raise my JC skill so I can make items to sell. One popular item is the platinum fire wedding ring ( 5 ac 55 hps). Now, a bar of platinum costs almost 101pp to buy. I know of no place to farm these so I buy them. The fire opals are dropped, but it would take a long time to get stacks. So I load up a toon with multiples of 550 gold ( 55 plat ) and buy them in the temple of sol ro. 101 + 55 = 156pp.
Now im in the tunnel auctioning these and soandso sends me a tell saying " will you take 300pp for 2?" In my head im doing some sums and realize 156+156=312pp. 312pp>300pp. I then come to the correct answer of "no". Soandso then comes back with "how about 400pp?" This makes me think.312pp<400pp, but considering max JC skill is 250 and the item im selling is over 260, while still small, my chance if random failure is still there. Doesn't seem profitable to risk 156pp per ring just to make 44pp. A couple random fails per stack would really hurt. Therefore, I will stay with 250pp per ring.
If this is unacceptable, then i suggest YOU spend the time and plat to raise your skill. Then YOU can sell rings for 150pp each and teach me a lesson to never mess with you again.

Well you could just EXPLAIN the situation and notify them that you have set your price based on COST not value. Cost base pricing means cost + markup while value based pricing means estimated value to customer - X% so your customer sees value in purchasing your product. Value based pricing leads to things like 280k manastones and what not. Cost based pricing leads to 250pp rings and 65pp bags.

[Korain]

I've come to realize that no one on this server understands haggling, or how to even attempt it.

[Deliverator]

Originally Posted by Korain [You must be logged in to view images. Log in or Register.]

I've come to realize that no one on this server understands haggling, or how to even attempt it.

The issue isn't that people don't attempt to haggle, it is that a lot of sellers don't negotiate. They set their price and if you don't meet it too bad. Some haggling does happen because there are sellers willing to accept offers. I honestly strongly prefer cost based pricing because it is simple, and advances in production create price reductions across entire industries. This is becoming less and less common these days though.