the problem with labeling something 'predatory' is that there has to be a target (the nature of predator and prey). If the goal is a sale then I would agree that it is Agressive to list an item for 1c (or 10s less) than what is posted already. For it to be predatory ......
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Replying to @pierdonnini @rubiksguy and
so every gas station that sells their gas 5 cents is predatory? Their goal isn't to eat the competitor or drive them out of business. It's basic business process to sell cheaper than the competiton. I have other tools in my chest if I want to eat a competitor.
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Replying to @pierdonnini @TheGldDragon and
Once you undercut by 50%, the next seller must do that. But if they then also use 50% then the value is going to plummet below mats cost, making the added value zero and not worth the extra time. No growth for anyone. Your value per hour is zero. Zero incentive to provide value.
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Replying to @pierdonnini @TheGldDragon and
Their target is the buyer and having their own opportunity to sell. All competitors want this equal opportunity, and none of them are here to harm you. The only time (contd)
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Replying to @thegoldqueen @pierdonnini and
Pier. I’m going to be direct, and my intention is not to be rude. But here we go. No. Our intention is not to be competive, and definitely not to shut anyone out. 1 copper undercuts help that the most. Your actions of doing deep undercuts as the counter; that is.
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Replying to @rubiksguy @thegoldqueen and
Pier, if you want to, we can hop in a Discord voice chat and discuss the merits and counters of each of our ideas.
@thegoldqueen and I have lots of experience (nearly 10 years for me) making gold, and this is just how we, and most gold makers, have done it. But we’d love to hear4 replies 0 retweets 2 likes -
Replying to @rubiksguy @thegoldqueen and
Pier; regarding your ? on 10 items under you at a copper. It sounds like the undercutter is putting themselves at a disadvantage which would allow you to do even better! If they post 10, they have to cancel ‘em all to undercut your 1c undercut. You’re the one winning easily.
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A disadvantage before increased deposit costs. Even more now
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Replying to @thegoldqueen @pierdonnini and
True, but that’s only for trade materials.
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