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Post by LA Times on Jul 29, 2021 16:27:07 GMT -5
If Mattel had two aisles dedicated just to them we likely could get a $150 wrestling set. I think we would have if TRU was still around. I wish this was the case in Canada were TRU is still around. Not only are the shelves for WWE or AEW mostly empty but their website is bare. They gave the shelf space to jazwares UFC
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Post by micco on Jul 29, 2021 16:50:09 GMT -5
I don’t like this take. You shouldn’t have to pay to ensure crowdfunding, you should pay because you like the item. Also, this thing might hit $300-$350 on the secondary market, but I don’t think it’ll get higher than that. The only potentially interesting piece is the stage, which even then is it all that interesting? I don’t know man, it’s a lazy project with a high price tag that only interests niche New Gen collectors and potential resellers. When this thing doesn’t get backed, don’t point the finger at each other, point it at mattel. $20 elites hit 100 like a year after they’re off the shelves. $30 Ultimates hit $200 less than a year after they’re off the shelves. If you can look at the market of wrestling figures right now and think this thing will only appreciate in value by around $50 you ain’t paying attention. Agreed. And these will be far more limited.
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Post by slappy on Jul 29, 2021 16:54:09 GMT -5
Yeah, this ain't happening.
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Post by JC Motors on Jul 29, 2021 17:16:55 GMT -5
Yeah, this ain't happening. Yeah, I don't even want it. I have zero room for this
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Post by slappy on Jul 29, 2021 17:38:29 GMT -5
Yeah, this ain't happening. Yeah, I don't even want it. I have zero room for this They should have done something cheaper. Much cheaper.
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ero
Superstar
Joined on: Oct 17, 2011 17:10:01 GMT -5
Posts: 752
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Post by ero on Jul 29, 2021 18:00:47 GMT -5
I like this set and feel the price is right for a splashy crowdfunding item. It’s just not my main era. I’d love to have a solid Golden Era centerpiece like this. I hope it goes through for you New Gen guys.
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berealnicknaro
Mid-Carder
Joined on: Dec 16, 2018 10:48:10 GMT -5
Posts: 258
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Post by berealnicknaro on Jul 29, 2021 18:08:15 GMT -5
How do you know? I don’t know either, but I highly doubt Mattel is going to make 5k of this ring and that’s IT. It’s a very simple and clearly reusable mold, not even close to as complex as anything Hasbro has done. At some point, the money guys are going to wonder why they’re not making more money off of it and they’re not going to care that it was promised as a crowdfunding exclusive. I also don’t need to justify not wanting a New Gen set up. I just don’t. I’m not lying to myself. AND, even if I’m wrong and this funds and they never reissue that ring again, I *still* don’t want a New Gen set up just because it’s the only ring like that. I’m taking them at their word. I would never use my own assumption that a company who has been extremely forthcoming an honest in the past, is lying, as the basis of not supporting something. Namely, because it is an illogical assumption. If you don’t want it, that fine, but don’t propagate misinformation that one would be able to get this ring at a later time and dissuade other from backing it. Can you point me to where they specifically say they’ll never release the ring again? Was it in an interview? From the Creations page, all the wording just makes it clear that this campaign is just the avenue to getting it made.
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Post by newgenandy on Jul 29, 2021 18:14:56 GMT -5
Initially I loved this and had it not been money up front would’ve backed it. As I’ve had more time to think about it I’ve talked myself out of it. I think Mattel have made a handful of mistakes
1. Money up front - if not babies how long will refunds take? People don’t want $250 taken for a month then it not bring funded and have to wait for a refund - or even if refunded instantly you have still lost that money for the month is how I personally look at it
2. My fave era but let’s be honest most favour golden or attitude eras
3. It’s a ring - most if not all of us have a ring. Yes this is more detailed but it doesn’t have that special feeling even with the entrance
4. 1 figure with the initial tier most have a version of - and great versions at that. There’s a few great nash / diesel figures
The buy it now sell it for more in a few months or back it otherwise we won’t get anything else attitude from some on here or social media etc also doesn’t help - people don’t like others trying to coerce them
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figdrip
Mid-Carder
Joined on: Jul 19, 2021 20:40:22 GMT -5
Posts: 87
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Post by figdrip on Jul 29, 2021 18:21:11 GMT -5
I don’t like this take. You shouldn’t have to pay to ensure crowdfunding, you should pay because you like the item. Also, this thing might hit $300-$350 on the secondary market, but I don’t think it’ll get higher than that. The only potentially interesting piece is the stage, which even then is it all that interesting? I don’t know man, it’s a lazy project with a high price tag that only interests niche New Gen collectors and potential resellers. When this thing doesn’t get backed, don’t point the finger at each other, point it at mattel. $20 elites hit 100 like a year after they’re off the shelves. $30 Ultimates hit $200 less than a year after they’re off the shelves. If you can look at the market of wrestling figures right now and think this thing will only appreciate in value by around $50 you ain’t paying attention. If you know the secondary market then you would know $100-150 is most people’s max budget that they are willing to spend. That’s why this ring is failing to make its production. With a price tag this high it would need to double and triple it’s value to make it a worthy investment vs taking the $250 and investing in 10 elites. Also need to factor in shipping something this size. This is not a money maker for the resale market it’s a dud. But not my money.
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Deleted
Joined on: Nov 27, 2024 21:55:04 GMT -5
Posts: 0
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Post by Deleted on Jul 29, 2021 18:24:49 GMT -5
For some, the idea of buying it to resell later is fine. But please realize you keep suggesting that people tie up $250 + tax + shipping for a year. For many, there’s lots they can do with that money in a year’s time. It’s really not as simple as spend the money now and sell it off later. That’s also not considering the people that don’t want to buy something they don’t want then have to go through the extra process of having to list, sell, and ship this down the line. People should only back this if they truly want it. The more people buy stuff they don’t want, the more it sends a message to Mattel that they can keep offering stuff we don’t want because we’ll buy it anyway. That doesn’t help anything. If 250 is too much for someone to tie up on this, I believe it would have too much no matter what they offered. I agree that it sends a message though. The message that we want more crowdfunding projects in the future. If that doesn’t matter to you, then don’t back this. That's not the message I want to send. I do NOT want to set the precedent that Mattel can offer bundles (figures, a ring, ring skirt) just to move the main piece and that I'll buy it. If this fails, I will not be sad because Mattel will hopefully learn not to combine so many pieces and drive up the total price: just offer us the one piece.
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Post by newgenandy on Jul 29, 2021 18:25:44 GMT -5
$20 elites hit 100 like a year after they’re off the shelves. $30 Ultimates hit $200 less than a year after they’re off the shelves. If you can look at the market of wrestling figures right now and think this thing will only appreciate in value by around $50 you ain’t paying attention. If you know the secondary market then you would know $100-150 is most people’s max budget that they are willing to spend. That’s why this ring is failing to make its production. With a price tag this high it would need to double and triple it’s value to make it a worthy investment vs taking the $250 and investing in 10 elites. Also need to factor in shipping something this size. This is not a money maker for the resale market it’s a dud. But not my money. And also for some space is a premium. People can make space for a number of figures - the footprint of this ring is huge. It don’t fit on a wall shelf. You need a specific place ready for this or rolling time make space so the market for this is already reduced
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kutzheels
Mid-Carder
Joined on: Jul 6, 2018 8:39:12 GMT -5
Posts: 292
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Post by kutzheels on Jul 29, 2021 18:39:29 GMT -5
Sell it to make your money back or for whatever you want. I don’t know what’s it’s worth to you but the cost to ensure future crowdfunding projects is 250 bucks. I don’t like this take. You shouldn’t have to pay to ensure crowdfunding, you should pay because you like the item. Also, this thing might hit $300-$350 on the secondary market, but I don’t think it’ll get higher than that. The only potentially interesting piece is the stage, which even then is it all that interesting? I don’t know man, it’s a lazy project with a high price tag that only interests niche New Gen collectors and potential resellers. When this thing doesn’t get backed, don’t point the finger at each other, point it at mattel. I agree. I don’t see someone paying $350 plus shipping for this on eBay in 1+ years. Not to mention, new tax law starts in 2022 so after you hit $600 in sales (which scalpers will hit almost immediately), you are going to have to pay federal and state tax on the profit you made plus social security and Medicare tax. This would really have to sell for at least $500 just to break even. Buying for the sole purpose to resell later, I would stay clear of this item
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Post by SteveHulk on Jul 29, 2021 19:12:28 GMT -5
Initially I loved this and had it not been money up front would’ve backed it. As I’ve had more time to think about it I’ve talked myself out of it. I think Mattel have made a handful of mistakes 1. Money up front - if not babies how long will refunds take? People don’t want $250 taken for a month then it not bring funded and have to wait for a refund - or even if refunded instantly you have still lost that money for the month is how I personally look at it 2. My fave era but let’s be honest most favour golden or attitude eras 3. It’s a ring - most if not all of us have a ring. Yes this is more detailed but it doesn’t have that special feeling even with the entrance
4. 1 figure with the initial tier most have a version of - and great versions at that. There’s a few great nash / diesel figures The buy it now sell it for more in a few months or back it otherwise we won’t get anything else attitude from some on here or social media etc also doesn’t help - people don’t like others trying to coerce them Yeah, that's exactly where I'm at... it looks cool but nothing is a "must have" - I already have an Elite scale ring, plus 2 great Diesel Elites (...and 2 Doinks). I do hope it reaches the target though for all you guys who want it.
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The Coach
Superstar
Joined on: Dec 23, 2018 15:54:24 GMT -5
Posts: 722
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Post by The Coach on Jul 29, 2021 20:20:06 GMT -5
If 250 is too much for someone to tie up on this, I believe it would have too much no matter what they offered. I agree that it sends a message though. The message that we want more crowdfunding projects in the future. If that doesn’t matter to you, then don’t back this. That's not the message I want to send. I do NOT want to set the precedent that Mattel can offer bundles (figures, a ring, ring skirt) just to move the main piece and that I'll buy it. If this fails, I will not be sad because Mattel will hopefully learn not to combine so many pieces and drive up the total price: just offer us the one piece. This. I feel like either Mattel or their WWE Mattel team set a price THEN tried to add things up to try to reach that price. They could’ve sold the entrance alone and it would probably be backed already.
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@Chair.Shot
Main Eventer
WF 10+ Year Member
Joined on: Jan 31, 2012 4:38:24 GMT -5
Posts: 4,881
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Post by @Chair.Shot on Jul 29, 2021 20:22:56 GMT -5
The thing that bothers me about this campaign is the threat/fear/reality that if this doesn’t make it, we won’t get future projects.
I understand Mattel not wanting to spend the resources on projects that don’t make them money…but it seems like management could look at this and learn from it instead of making it a death sentence. I worry that those involved in making it did a ton of research but we’re too closely involved with the project to see just how flawed the idea was.
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Post by micco on Jul 29, 2021 20:30:31 GMT -5
That's not the message I want to send. I do NOT want to set the precedent that Mattel can offer bundles (figures, a ring, ring skirt) just to move the main piece and that I'll buy it. If this fails, I will not be sad because Mattel will hopefully learn not to combine so many pieces and drive up the total price: just offer us the one piece. This. I feel like either Mattel or their WWE Mattel team set a price THEN tried to add things up to try to reach that price. They could’ve sold the entrance alone and it would probably be backed already. Settings price first may actually be accurate. There is a minimum profit that they need to make in order for them to invest time into a project. Something sold for 60 bucks doesn’t need to be crowdfunded because the profit made by selling 5000 units isn’t sufficient enough for them to even bother with it. If they’re confident that they’d sell 10’s of thousands of units, they wouldn’t even need to crowdfund. So ya see, there’s nothing wrong with setting a price first.
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Post by Action Figure Attack on Jul 29, 2021 20:56:42 GMT -5
they absolutely shot too high on the initial backing. and then trying to get even MORE for just another figure and cheap ringskirts. again, this is typical corporate cluelessness....they saw how Haslab's things took off and they kept adding tiers, so they said "cool! we can do that too!" not realizing that those tiers were added BECAUSE they hit the backing number so fast...so they figured they could get even more by creating these small bonuses point is, you dont come out of the gate saying we want 8,000 people to buy this. you start at 3k, and once that goal is hit you say "you want another Ultimate? get us to 5k" So I’ve seen a lot of comments and opinions on the 5K units minimum needed for this project to move forward so I wanted to explain that a bit and clarify. This is a manufacturing thing that not only others in the industry have spoken about but it applies pretty much across the board to anything produced at a factory so I think it’s totally fair to talk about in regards to this project. MOQ, or minimum order quantity, is the minimum amount a factory will agree to produce at a particular cost. If you go under that minimum the cost drastically jumps by a lot. Unreasonably even. The 5K presented to you is the minimum amount where this particular item can be provided to you at this price point. Anything less would cause a huge spike in factory cost that would make this arena completely unaffordable. If we could have started this at a lower quota or lower price point my recommendation would have absolutely been to do so. That simply wasn’t possible here.
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Post by bababooey on Jul 29, 2021 21:05:54 GMT -5
The thing that bothers me about this campaign is the threat/fear/reality that if this doesn’t make it, we won’t get future projects. I understand Mattel not wanting to spend the resources on projects that don’t make them money…but it seems like management could look at this and learn from it instead of making it a death sentence. I worry that those involved in making it did a ton of research but we’re too closely involved with the project to see just how flawed the idea was. I also don’t buy into if this doesn’t fund there won’t be anymore projects. Hasbro has had multiple projects not fund, they just come back with a better project. Also, when people say they’re backing it to ensure future projects (even though they don’t want this), it’s just telling Mattel that what you want is more sets like this. That’s what future projects will be. A Hell in a Cell or an Elimination Chamber would need a new ring, since those matches never happened in the New Gen era. A new entrance would also get another ring to go with it. If they REALLY REALLY need to do crowdfunding, it should be for items that wouldn’t have a shot at retail. There’s figures and comparable rings at retail (physical or online). Another rout they can go is say “Hey guys we’re making this limited item. You’ll have a month to order it if you want it. Once the preorder window is done, we won’t be offering this anymore.”
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anddrew
Mid-Carder
Joined on: Apr 9, 2018 18:18:34 GMT -5
Posts: 220
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Post by anddrew on Jul 29, 2021 21:21:50 GMT -5
they absolutely shot too high on the initial backing. and then trying to get even MORE for just another figure and cheap ringskirts. again, this is typical corporate cluelessness....they saw how Haslab's things took off and they kept adding tiers, so they said "cool! we can do that too!" not realizing that those tiers were added BECAUSE they hit the backing number so fast...so they figured they could get even more by creating these small bonuses point is, you dont come out of the gate saying we want 8,000 people to buy this. you start at 3k, and once that goal is hit you say "you want another Ultimate? get us to 5k" So I’ve seen a lot of comments and opinions on the 5K units minimum needed for this project to move forward so I wanted to explain that a bit and clarify. This is a manufacturing thing that not only others in the industry have spoken about but it applies pretty much across the board to anything produced at a factory so I think it’s totally fair to talk about in regards to this project. MOQ, or minimum order quantity, is the minimum amount a factory will agree to produce at a particular cost. If you go under that minimum the cost drastically jumps by a lot. Unreasonably even. The 5K presented to you is the minimum amount where this particular item can be provided to you at this price point. Anything less would cause a huge spike in factory cost that would make this arena completely unaffordable. If we could have started this at a lower quota or lower price point my recommendation would have absolutely been to do so. That simply wasn’t possible here. If it doesn't get funded, what are the odds of just doing the two Ultimates and the stage. Since you already have the mockups, dropping the ring would cut the price to a more manageable price point.
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jokerjohn
Main Eventer
Joined on: Oct 14, 2019 17:38:00 GMT -5
Posts: 1,758
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Post by jokerjohn on Jul 29, 2021 21:27:43 GMT -5
they absolutely shot too high on the initial backing. and then trying to get even MORE for just another figure and cheap ringskirts. again, this is typical corporate cluelessness....they saw how Haslab's things took off and they kept adding tiers, so they said "cool! we can do that too!" not realizing that those tiers were added BECAUSE they hit the backing number so fast...so they figured they could get even more by creating these small bonuses point is, you dont come out of the gate saying we want 8,000 people to buy this. you start at 3k, and once that goal is hit you say "you want another Ultimate? get us to 5k" So I’ve seen a lot of comments and opinions on the 5K units minimum needed for this project to move forward so I wanted to explain that a bit and clarify. This is a manufacturing thing that not only others in the industry have spoken about but it applies pretty much across the board to anything produced at a factory so I think it’s totally fair to talk about in regards to this project. MOQ, or minimum order quantity, is the minimum amount a factory will agree to produce at a particular cost. If you go under that minimum the cost drastically jumps by a lot. Unreasonably even. The 5K presented to you is the minimum amount where this particular item can be provided to you at this price point. Anything less would cause a huge spike in factory cost that would make this arena completely unaffordable. If we could have started this at a lower quota or lower price point my recommendation would have absolutely been to do so. That simply wasn’t possible here. I've already backed this and yes it may not be for everyone, my only fear is if it gets made it won't make it to the 7K. I really want that Doink. Is it possible we can get that included somehow even if we have to pay extra?
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