WWEKidCollector
Main Eventer
Feed Me Smites!
Joined on: May 30, 2012 16:22:49 GMT -5
Posts: 2,495
|
Post by WWEKidCollector on Jan 31, 2013 19:34:03 GMT -5
Yep, which is why I don't understand RSC's pricing sometimes. $50 for a figure that they basically bought for $9. Geez, that's about a 400% mark up. Well they also probably have 20 boxes of Reys and Cenas to make up for It's not that bad though. Mysterios sell well on eBay when they are priced under retail. $15 would still generate a profit. I guess it's a case of financial advancement. I do not blame them. We live in a free enterprise economy. It's not like RSC is in business for the simple fact of ensuring everyone gets Actions Figures for the best prices. They are in it for the Moola! But Who isn't?? I just feel that they sometimes overprice some figures by a bit too much.
|
|
jeffro2000
Main Eventer
Joined on: May 16, 2011 14:23:29 GMT -5
Posts: 1,858
|
Post by jeffro2000 on Jan 31, 2013 19:38:21 GMT -5
Yep, which is why I don't understand RSC's pricing sometimes. $50 for a figure that they basically bought for $9. Geez, that's about a 400% mark up. Yeah, they have to make up some sort of ground for all of the Reys/Cenas/Ortons that won't sell even for retail in the long run Yeah, that is why I don't rag on RSC because it can't be easy to pay overhead/expenses and profit only selling wrestling figures to begin with. Combined with the case assortments, and all the Reys/Cenas/Ortons/ that they will be lucky to sell at their cost. That is why they have to markup the popular guys. Look at the Case asst. with Prime Time Players, it was horrible with PTP 1 per case. Impossible to sale all those Ortons/Sheamus and Bryan/Kane are recent re-releases basically.
|
|
|
Post by Joe/Smurf on Jan 31, 2013 19:42:09 GMT -5
You'll be selling all your Reys, Ortons, Cenas for $4 each. Then to recover your costs all the "first in line" and "hot" figures will be priced at $30+. Just like RSC, Replica Wrestling Belts, etc. A lot of online stores have jumped on the Mattel WWE bandwagon but nobody can sell singles at reasonable prices. The Local Vendor around here has a Mattel License. He sells everything at the suggest retail price. $17 an Elite Figure, $10 a Basic figure and $20 for 2Packs. He does just fine with that pricing. He's about to open up his store front in a couple of weeks. I'm sure when a vendor orders wholesale from Mattel, it comes out to about $9 an elite figure and $5-6 a Basic figure. The MSRP for figures is definitely NOT a mark-up of 200%. I'd say the stores maybe make $1 at MSRP, that's why most all of them are higher.
|
|
|
Post by JC Motors on Jan 31, 2013 20:36:39 GMT -5
You'll be selling all your Reys, Ortons, Cenas for $4 each. Then to recover your costs all the "first in line" and "hot" figures will be priced at $30+. Just like RSC, Replica Wrestling Belts, etc. A lot of online stores have jumped on the Mattel WWE bandwagon but nobody can sell singles at reasonable prices.
|
|
Captain McKay
Main Eventer
WF 15+ Year Member But all out of badges so this is not one
Joined on: Jul 13, 2002 14:19:45 GMT -5
Posts: 4,993
|
Post by Captain McKay on Jan 31, 2013 21:49:56 GMT -5
I don't know about MAKING money, but a good way to save money is to split cases. A bunch of people I know do that, they'll order a case and go halves or whatever. Sell off the extras they don't want or won't use, and don't wind up paying ridiculous prices for those "first in the line" figures.
|
|
|
Post by onleeone643 on Jan 31, 2013 22:12:35 GMT -5
If you have a mattel vendor account you get the figures at wholesale. True, but you also have to buy a certain amount to deal with Mattel. I don't think they're interested in selling you 5 cases. As far as reselling goes, I've seen quite a few people from these forums reselling on ebay.
|
|
|
Post by MrPerfect25 on Jan 31, 2013 22:18:28 GMT -5
Yeah I've put 2 and 2 together and seen members on ebay too.
And you are right about mattel and their guidelines on becoming a vendor. Guy that owns a collectibles and comic shop in my town said the amount of cases they make you prebook isn't worth it in his case.
|
|
|
Post by blu3blazer on Jan 31, 2013 22:48:38 GMT -5
Think about this. RSC themselves don't even have a storefront. Having a brick and mortar store is a complete hassle. The Local Vendor around here has a Mattel License. He sells everything at the suggest retail price. $17 an Elite Figure, $10 a Basic figure and $20 for 2Packs. He does just fine with that pricing. He's about to open up his store front in a couple of weeks. I'm sure when a vendor orders wholesale from Mattel, it comes out to about $9 an elite figure and $5-6 a Basic figure. The MSRP for figures is definitely NOT a mark-up of 200%. I'd say the stores maybe make $1 at MSRP, that's why most all of them are higher. That's just plain wrong. If stores only made $1 profit off of items they wouldn't sell them. And Kmart and TRU sure wouldn't run sales on them as often as they do. I know this is for a different company, but when I worked at KB Toys we had a list of how much we paid per item and we paid less than $4 apiece for Jakks figures that we sold for $10. There was hardly anything that we didn't sell for at least twice what we paid for them.
|
|
jamesdoubleyou
Mid-Carder
Joined on: Jan 28, 2013 17:04:54 GMT -5
Posts: 180
|
Post by jamesdoubleyou on Jan 31, 2013 23:16:25 GMT -5
Buying cases is a good idea if you and a few others go in and split and sell ones you don't want. Also you can take back reys/cenas/ortons to target with out a receipt and they'll give you sale prices back for them. Good idea for collecting, not for making money
|
|
|
Post by MrPerfect25 on Jan 31, 2013 23:18:40 GMT -5
Msrp is always a hair higher than map (minimum advertised price).
WM will give you full credit but they monitor how many times you return items without a receipt.
|
|
jamesdoubleyou
Mid-Carder
Joined on: Jan 28, 2013 17:04:54 GMT -5
Posts: 180
|
Post by jamesdoubleyou on Jan 31, 2013 23:23:40 GMT -5
Yeah target has a limit of $100 in a year, but between me and my two buddies we rotate who takes back.
|
|
Deleted
Joined on: May 15, 2024 3:18:27 GMT -5
Posts: 0
|
Post by Deleted on Feb 1, 2013 7:22:34 GMT -5
Yeah I've put 2 and 2 together and seen members on ebay too. And you are right about mattel and their guidelines on becoming a vendor. Guy that owns a collectibles and comic shop in my town said the amount of cases they make you prebook isn't worth it in his case. Yea my local vendor does not even sell wwe and we were talking since he had a add in the paper and I went to check his store out. Come to find oit its mostly vintage anything but wwe lol. Anyways he said he tried ordering cases from mattel before and what they charge unless you are ordering like mass retail size numbers is actually about $2 less than msrp so he never bothered with it. He also isn't that serious about his store since he is only open about 2 hours a day from 6pm-8pm then Saturday from noon to 5pm. So I'm sure he wouldn't have been placing orders for more than a couple cases at a time. I always wanted to order a case my self, but didn't want to get stuck with 7 figures I didn't want. Since I usually only want the flashback. Makes more sense for me to take my chances at retail or try trading for one. I'm still looking for Liz though. I hope to get her soon.
|
|
|
Post by Wrestlaholic on Feb 1, 2013 7:41:50 GMT -5
It would take you a long time to profit, and you'd have to buy mass quantities and need a guaranteed super-quick turnover.
If you thought of doing it in a premises; rented, that would cost you an amount monthly, then your packaging to send the figures out in, ie boxes/padded envelopes, then you have things like labels to write addresses on, your actual postage to send stuff out (if you offered a service to send figures out) It's pretty much next to impossible to profit easily and you'd need years and years to do it as you'll pretty much also need a guaranteed audience and a consistent audience so keep buying from you.. like most said, you'd struggle to sell a lot at full retail prices and just sell the one per case/first time in the line figures either at retail/just over. It's far from worth the bother or I and the majority of money makers would have done it.
Best of luck if you try it, but I hope you have a lot of money to waste!!
|
|
tampatoys813
Superstar
Joined on: Apr 30, 2012 9:03:00 GMT -5
Posts: 909
|
Post by tampatoys813 on Feb 1, 2013 8:39:28 GMT -5
You should buy a few cases and see what you can do.....
|
|
|
Post by kingnothing ~ Hardwired... on Feb 1, 2013 9:03:53 GMT -5
That's just plain wrong. If stores only made $1 profit off of items they wouldn't sell them. And Kmart and TRU sure wouldn't run sales on them as often as they do. I know this is for a different company, but when I worked at KB Toys we had a list of how much we paid per item and we paid less than $4 apiece for Jakks figures that we sold for $10. There was hardly anything that we didn't sell for at least twice what we paid for them. You are really missing a lot of details on how much you're actually paying per figure. Yes, you buy for $4 and sell for $10. You receive $6 to begin the process. Now you have to take out rent of the land where you're selling said product. The larger the building the more you pay. Let's say there isn't a bathroom, so no plumbing costs, but you have to pay for electric to light those big KB Toys signs on the front of the building. You paid someone to design and build those signs. You have to let the locals know you sell toys, so you pay a newspaper/tv commercial/radio to advertise. Do you take credit cards? You have to pay to insure those transactions against identity theft and fraud. Oh, and YOU have to be paid to stand around and sell those toys all day, or you pay someone else to do it when you're not there. Now tell me how much that $4 figures costs. The profit comes close to $1 or less per item, I promise you. The larger the company you are, the bigger the discount you get when purchasing in bulk, but since it's almost a crime to be successful anymore you now have to pay even higher taxes and lose that benefit.
|
|
Ryan81398
Main Eventer
This is my life now.
Joined on: Jan 17, 2013 21:15:57 GMT -5
Posts: 1,834
|
Post by Ryan81398 on Feb 1, 2013 18:40:03 GMT -5
Thanks for all the comments.
I'm almost ready to buy a E19 Case B so I don't have to hunt for HBK or Liz. Would anyone be interested in the Lesnars, Zigglers, Kane, or Bryan? PM me if interested.
|
|
peghound
Superstar
Joined on: Aug 27, 2012 0:43:35 GMT -5
Posts: 964
|
Post by peghound on Feb 2, 2013 0:51:18 GMT -5
With razor thin overall margin you have to do a ton of volume. That's RSC's model.
|
|
|
Post by onleeone643 on Feb 2, 2013 2:46:03 GMT -5
This idea of reselling figures is mainly for people that have the time and investment ready, because having a job and collecting takes enough of my time. Or you can be like some of these lopsided traders that lowball fellow collectors to resell the items in ebay. Lol
|
|
|
Post by LA Times on Feb 2, 2013 19:50:43 GMT -5
You are better off selling Jakks UFC figures, young entrepreneur. You would be making a six-figure salary and wont be stuck with unsold Cenas, Mysterios and Ortons.
|
|
|
Post by Next Man’s Knowing Rock on Feb 2, 2013 22:09:50 GMT -5
You are better off selling Jakks UFC figures, young entrepreneur. You would be making a six-figure salary and wont be stuck with unsold Cenas, Mysterios and Ortons. Lol. Love this gimmick.
|
|