walkingturtles
Main Eventer
Joined on: Apr 22, 2018 19:54:00 GMT -5
Posts: 1,702
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Post by walkingturtles on May 13, 2018 23:50:03 GMT -5
For example, they release figures like Tugboat and Earthquake, Tito Santana when at the same time, people would love another reboot of Kevin Nash from his Elite 16 or an Attitude Era Triple H. Do you think Mattel concerns itself with keeping the secondary and scalping market upright but at the same time, it doesn’t see the excess profits, just the retail.
Do you think sales would still drive without a lucrative secondary market? Like if they got on an eBay and saw Defining Moments Bret Hart is $250 a pop and say well let’s re-release it?
Is it the rarity that drives collections, because in my opinion I love wrestling, and the figure collecting is fun, I’m not attempting to profit off it, and I feel like the fans of The industry would support it at the same rate without a lot of the exclusivity.
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brick
Mid-Carder
Joined on: May 31, 2012 12:04:07 GMT -5
Posts: 405
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Post by brick on May 14, 2018 0:06:36 GMT -5
What year was this post written? Mattel has spent a lot of the last three years reissuing or doing minor updates to figures that were commanding big bucks on the secondary market.
There are still a handful of loose figures that go for high prices on eBay (to me, that's like $30+), but compared to four years ago, it's like night and day. Brain Busters, SDCC Undertaker, DM Steve Austin, Elite Flashback Kane, Papa Shango, Yokozuna, King Booker, Big Boss Man, etc. All have been reissued or slightly redone since 2014.
I think most of us are collectors first and foremost, but I don't think there's any shame in caring about what you could possibly get for your collection if an emergency came up. When this argument comes up, I always think about the guy here a year or two ago who had a pet-related emergency and needed to sell his collection fast. Had it been a couple years earlier, he could've probably gotten double the price he was asking (and finding no takers for, by the way).
Yeah it's fun to collect, but you aren't less of a collector for caring that if something big comes up, you could liquidate your collection quickly to provide the funds.
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Post by Nivro™ on May 14, 2018 1:38:24 GMT -5
Speak for yourself. Id take NEW figures of Tito, Quake & Tugboat before Id ever buy another Elite 16 Nash.
Mattel has also learned that re-releasing a figure never sells as well the second time. Literally everything thats been re-released has had to be clearanced out. Bad Blood HBK, WM6 Warrior, Ministry of Darkness/SDCC Undertaker...all can/could been had for less then retail price.
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Post by Vamp55 on May 14, 2018 3:33:06 GMT -5
Re-issues sux...
Mattel should care about the secondary market, as it will help support the product overall. I am sorry for those that missed on certain figures as they weren’t collecting, but ‘thema the breaks’. So many options for re-paints as an alternative to re-issues...
And, they don’t work and warm the shelves. Has seemed to have slowed recently, with the exception of the upcoming Kane... which is a good thing.
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Sting
Main Eventer
The Wolfpac
Joined on: Mar 25, 2018 14:33:11 GMT -5
Posts: 2,288
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Post by Sting on May 14, 2018 4:58:10 GMT -5
A strong secondary market should also keep figures sold at retail going strong.
Not just for the re-releases but for the 1st time releases too.
Same concept with the big brand car manufacturers and the secondary car market.
If products hold their value then the manufacturers don't have to lower their prices.
Mattel definitely want the secondary market to go as strong as possible.
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Squared²
Main Eventer
IT'S ME AUSTIN
Joined on: May 18, 2009 16:30:42 GMT -5
Posts: 3,150
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Post by Squared² on May 14, 2018 5:19:00 GMT -5
Keep the reissues comin
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Post by PJ on May 14, 2018 5:33:09 GMT -5
Only in the fact that Bill has said there’s been a few figures in the past he saw going for high prices on the secondary market and said if there’s a demand for them Mattel should rerelease them.
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Post by disorder on May 14, 2018 5:35:33 GMT -5
They haven’t done mane straight rereleases in the elite line, but they should. They don’t need to protect the second hand market, because those bidding on these outlandish priced figures, could be giving their money to mattel..not some nerd lord on the internet.
If anything, they should just be short packed in cases.
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Post by GreyHaze:Big Bad Booty Daddy on May 14, 2018 7:39:45 GMT -5
I don't mind figures being released again, just that I wish they were more repaints or attires we want. We should of gotten a wcw bam bam in grey, purple or blue rather than the one we got imo.
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Post by poindizzle on May 14, 2018 7:56:19 GMT -5
I definitely see some merit to wanting to uphold the secondary market value as opposed to killing it with reissues, after all, desirability and the perception of it are important to collectors. It is very possible that your holy Grail is in fact also your favorite figure, but ask most collectors and they'll tell you their holy Grail figure is the one that was hardest/ most expensive one for them to procure. If the aftermarket values were low on everything it would make the overall perception of the line be "why buy it now when I can scoop it on the cheap later, or even worse, just skip it?
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Post by MKSavage on May 14, 2018 7:57:22 GMT -5
I don't mind re-releases, but I think if a figure has many different attire choices then mattel should try to do those, unless they messed up the first figure and are re-releasing a better version. Or, unless they are turning a very popular basic version into an elite version.
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walkingturtles
Main Eventer
Joined on: Apr 22, 2018 19:54:00 GMT -5
Posts: 1,702
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Post by walkingturtles on May 14, 2018 8:49:50 GMT -5
I definitely see some merit to wanting to uphold the secondary market value as opposed to killing it with reissues, after all, desirability and the perception of it are important to collectors. It is very possible that your holy Grail is in fact also your favorite figure, but ask most collectors and they'll tell you their holy Grail figure is the one that was hardest/ most expensive one for them to procure. If the aftermarket values were low on everything it would make the overall perception of the line be "why buy it now when I can scoop it on the cheap later, or even worse, just skip it? It’s not necessarily my Holy Grail, it’s just I wonder why they release some figures that don’t move when there are figures in high demand in the secondary market. Also I understand having a strong secondary market is appealing to collectors but part of my question was do you think collecting would still be appealing given people are initially drawn in because of pro wrestling. I feel like the market would still drive even if there was little exclusivity.
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Medieval
Main Eventer
@mattelwwe_medieval
Joined on: Jan 22, 2015 12:46:43 GMT -5
Posts: 4,638
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Post by Medieval on May 14, 2018 8:55:55 GMT -5
Bill has stated that he doesn't pay attention to the secondary market. I dk if that is true though. There really never has been a straight re-release in the Elite line or sub Elite lines. Everything always has slight changes from Kamala to Bossman to Brown Mankind. Basics have been re-released with no change plenty of times. And just because there is secondary market demand for a previously released figure does not mean it will sell well in retail again. For example Lost legends Warrior and TRU Bossman sat around for a LONG time around me. Same with Ministry Taker and Lost legends Taker.
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Post by legendsguy on May 14, 2018 9:44:05 GMT -5
Yes they look at the sec. market, that's why so many have been rereleased. it doesn't bother me anymore like it did. I would love to buy E16 Nash again, however getting new characters in the line is an absolute have to.
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Post by punksnotdead on May 14, 2018 9:57:09 GMT -5
Repaints are totally fine, and largely welcomed. Rereleases should never happen. Why are you cutting your potential sales audience with a figure that people already had a chance to own? To appease a vocal minority and then watch said figure end up in the discount bin? All you have to do is paint the same figure in a different attire and the people who already own the first go-round potentially become customers for the new release. Need a Razor Ramon? Give us one in green so the people who missed him can have one and the people who have him in purple will buy another one...
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Post by aggressiveperfectpoor on May 14, 2018 10:48:02 GMT -5
They may very well use it to gauge the interest for a repaint of a certain character.
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Post by aggressiveperfectpoor on May 14, 2018 10:49:35 GMT -5
Repaints are totally fine, and largely welcomed. Rereleases should never happen. Why are you cutting your potential sales audience with a figure that people already had a chance to own? To appease a vocal minority and then watch said figure end up in the discount bin? All you have to do is paint the same figure in a different attire and the people who already own the first go-round potentially become customers for the new release. Need a Razor Ramon? Give us one in green so the people who missed him can have one and the people who have him in purple will buy another one... Or a black one to go with WM 10 Shawn or a bright blue to really pop on your shelf.
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Post by Halloween King on May 14, 2018 11:06:25 GMT -5
For example, they release figures like Tugboat and Earthquake, Tito Santana when at the same time, people would love another reboot of Kevin Nash from his Elite 16 or an Attitude Era Triple H. Do you think Mattel concerns itself with keeping the secondary and scalping market upright but at the same time, it doesn’t see the excess profits, just the retail. Do you think sales would still drive without a lucrative secondary market? Like if they got on an eBay and saw Defining Moments Bret Hart is $250 a pop and say well let’s re-release it? Is it the rarity that drives collections, because in my opinion I love wrestling, and the figure collecting is fun, I’m not attempting to profit off it, and I feel like the fans of The industry would support it at the same rate without a lot of the exclusivity. You start off wrong. You use Tito and Tugboat and Earthquake as examples. Those were all 1st time in the line figures. Nash from E16 was also a 1st time figure. Nash sold very well so that would inspire Mattel to make more 1st time figures, not detour them. Mattel has been in the toy game for a long time now. I'm sure they have people watching market trends. And at the same time I think they have obligations to what WWE wants. I like to think of it like a balloon. If they made E16 Nash in following waves it would do two things. Drive down that secondary market price of E16 Nash and at the same time drive up the secondary market price of some other figure. Apply pressure on one end and send all the air to the other end of the balloon. Short of Mattel having Ebay accounts I fail to see how they would benefit from fans driving up prices on certain figures. It might nudge them to make similar products but I'm sure it's not the only deciding factor.
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randyrock
Main Eventer
Joined on: Nov 13, 2010 20:51:57 GMT -5
Posts: 1,237
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Post by randyrock on May 14, 2018 11:28:34 GMT -5
I just want them to have a custom option on their website.
Mattel: What’s that, randyrock? You want a blue Ken Shamrock with the Sting chest and skin tone, painted leg sleeves and X-PAC knee pads? Well, you got it! Simply create your order by clicking here!
Me: I love you.
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Post by boz1515 on May 14, 2018 15:13:13 GMT -5
I'd sure like another Hillbilly Jim and Nikolai Volkoff.
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