Grrrrr
 

I really dislike people that set up a shop RIGHT BESIDE yours and sell stuff for just a few coppers/silvers under you. Seriously????????????!!!!!!!!!! I realize it is a free market and all that, but damn, go somewhere else. They do not have to set up almost on top of my shop and then advertise their price in the message. I know it is on purpose. Go away!!!!!!!!!!!!!!!!!!!! Move!!!!!!!!!!!

LOL. I remember seeing that. They put their shop name as, "Cheaper than [insert name here]."

Just wait until they get the auction house set up. Then they won't even have to sit next to you. They can snipe your prices from anywhere in the world, heh.

yeah i hate that too.. esp when you SEE them set up their shop...

if i have time i usually close my shop and see how much they sell it for.. and adjust it LOL!!

but then again i've set up my shop next to others too... only when i'm trying to sell my stones next to smith though XD

Its annoying but that's business for you fighting competition.

At our shopping centre we had a KFC then a few months later a McDonalds opens up right next to it to steal their business.

Only way to beat them is to lower your prices even further.

What you just witnessed was the generalized version of how global economy works...

Yeah, that was me during CB2. Lmao.

Just as in the real world, there is no relationship between what something costs, and what it is worth. Undercutting the nearby competition is a good and a fair tactic. The customer then has an option to compair prices and make a choice. I make all my stones and scrolls from my own drops so there is no "out of pocket" and every thing I get is 100% profit.

I like to lowball my prices to move the items from my inv quickly and make my $$ on volume.

If someone is underselling you then you can buy up their stock for resale. If you see me with a store near you by all means, buy my stock. Beware however that I may have more and will set right up again!

There is just no need to be greedy (not that I am saying you are). I often see plp trying to buy mats for less than NPC prices and that is just trying to cheat plp. I also see hugely overpriced items such as rings that drop like rain
and learning scrolls that can be purchased for 1/10 the asking price.

Let both the buyer and the seller beware.

Yes, I understand everything that everyone has said. My problem, comes when they set their shop up right next to mine, so close that when they sway they intertwine, and you know it is intentional. Move a few feet away.

Here is what has happened so far. I had mine set up for 9 silver. They set up practically on top of me selling for 8.8.
I set back up selling for 8.5. They set back up selling for 8.5.
I set back up selling for 8. They set back up for 7.9.
I let him sell out, reset back up for 9 again.
They are obviously stalking my shop.

I know it is fair it just irratates the stew out of me, when it is blantant and obvious.

I just let things be. So the guy is desperate. I dun give a damn.

LOL in the olden days they called that a "gas war". One gas station would drop and post their price then another across the street and go just under and so on and so on. The consumer was the winner. They also gave away prizes for buying their gas. There is no word for it in English but the Italians have a word for it. "legnappe", which means "getting more than you expected when you purchase something".

There is another tactic that is more like what you experenced. That is called "predatory economics". This is when a seller prices their goods at below cost and takes a loss in the hopes of driving the compitition out of the market. Once they have done that they can set their price anywhere they want to. There is another country I will not name that is fond of this tactic.

Talk about rage.........