I've posted a response about Teleport prices before. While it's the opposite, where teleporters were upset that they were getting undercutted, it's the same concept. If the demands meets the price these suppliers want, then that's the price it's going to go at. Yes, if everyone else is doing teleport at 5000 gil, i'm sure very few people will do it for 500 gil. BUT, what people fails and continues to fail to realize is that prices is set by people selling the service as much as the people spending the gil on it. If you really want teleport prices to fall, stop using it and tell everyone you know to not use it. Being not happy is the normal reaction, but trying to tell what prices people should give or pay for teleport is just... redicuously waste of time. http://ffxi.allakhazam.com/db/jobs.html?fjob=1&mid=109350792787544951&num=8
"Please, if you guys have time to take a college course, attend Econ 101 once in a while. There are dozens and dozens of treads in the Main forum concerning undercutting.
When I took the class, I thought the concepts of opportunity costs and Supplies & Demand is obvious. Now that I've played FFxi and hear all these things, I finally realized why they need so many lecture to teach these concepts. They aren't as simply as I thought I guess.
The market price is set by both the suppliers and demanders. If the demand is low, the price will just fall eventually. You can't fault people for adjusting their prices.
When the demands are high and there isn't enough teleporters, you'll find people shouting for 1k or 2k teleports. I see that all the time. Should people get mad that these people are in a hurry and want to entice some WHM in providing business with them? If you are in need of a teleport (500gil), not getting it, and see someone shouting for Teleport-Mea, 1k gil... should you send a tell asking him "Why are you raising the price and making it more expensive for everyone else???".
Please... if they really wanted the teleport and is willing to pay much more than you, they deserve to get the teleport and not you. Same thing, if the teleport provider is willing to take a lower price, they he deserves the business.
You know, I actually love it when there are more of these people so eager to teleport people. Do you know how many /tell I get when I'm busy, asking if I can teleport... Even when I am /anon and list I'm busy. I mean, I am busy and you can /tell me that they have 500 gil as often as they want but I wont do it.
Of course... if they offered 5000 gil, I would consider it. That's Supply & Demand at work ^^ Raise the price, eventually someone will do it."