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Post by stc13 on Jul 30, 2021 6:48:17 GMT -5
Personally, I hope it doesn't get backed. I don't know about you guys, but I know we will see Diesel and Doink in the Ultimates line at some point and that's all I really want from the deal. You understand that that line of thinking is exactly why they won't release them, right? There has to be some incentive for backing projects or people will always expect there to be a cheaper route. |
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Post by PJ on Jul 30, 2021 7:05:33 GMT -5
I don’t see RSC or any other online retailer backing this. Just reading the comments you already see the mentality of they want everything, but don’t want to pay for it. So why would RSC back this and take such a loss when they can’t move them, because people will be waiting for them to go on sale.
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Deleted
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Post by Deleted on Jul 30, 2021 7:25:53 GMT -5
Double or triple on a single $20 figure... 100%. A $250 ring? No way. I Definitely don’t think that’s why it’s failing as that’s normal with almost all pre orders including ringside however If that logic is true it should get backed within the last week. We shall see Ultimate Rock is selling for slightly under 300 right now. A 1000% increase. SGT Slaughter has been sold out a couple days and the pre orders are fetching 150 already. A 500% increase. Even regular mass retail items double/triple in value as soon as they're off store shelves and they only increase. Some Legends/DM etc sell in excess of $500. I guarantee if backed the Diesel alone is going to be pushing that $250-300 price tag on the aftermarket, if not immediately then soon after. I've seen the cage alone from Jakks Real Scale HIAC ring sell for more than £500. There is always demand on after market wrestling figures and wrestling rings, especially when they're limited in number (which this would be). If you buy two of these things and it's successfully backed, you'll easily be able to get a set for free, and make a massive profit selling the extras.
The reason this is (or has) failed is because of the immediate payment. 100%. People saw on day 1 they took the money and decided not to bother. Most won't check back to see how it's doing, and even if they did so few people were willing to allow Mattel to greedily hold onto their money they'll see it as a failed campaign and won't back. If Mattel had used the "we'll collect the money at the end of the campaign" model that literally every other crowdfunding campaign uses this woulda been backed. Just because it's listed at those prices doesn't mean every seller will get that much. Just because one sells at that price doesn't mean that that's the market value; it means that's what someone was willing to pay then to that one seller. Also, I'm not an eBay or Amazon seller, but as a customer I like to buy from trusted venders whom I know will ship me my figures on time, packaged safely, and giving me everything I want. Also, if you sell on eBay (maybe other places) you run the risk that a buyer will be a *** and claim [something went wrong] and you lose everything. Just ask around for horror stories. You make it sound as if it's super easy and a sure bet. It's super cumbersome and annoying for some and too risky for others who don't have experience flipping stuff. With that said, I think the immediate payment thing IS a big reason larger backers haven't bought in. If I'm Ringside and I'm planning on buying 100 I can flip (or more), then I would def wait before I let another company earn interest off my money. I wouldn't be surprised if numbers shoot up as the deadlines nears. I just know I won't be one of those contributors (for aforementioned reasons). |
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Post by TheHitmanKid on Jul 30, 2021 7:30:46 GMT -5
I think Mattel Creation would have been a better opportunity to create an sell Elite figure of a wrestler WWE doesn't have signed under thier Legends line.
I understand everything about WWE contracts. I think it could have raised excitement on the opportunity for us collector's to finally receive a wrestler we wouldn't get in store or online.
Imagine an Owen Hart, Bruiser Brody, Steiner Brothers or Victoria being sold on its own just for us diehard collectors.
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Post by micco on Jul 30, 2021 7:31:41 GMT -5
Personally, I hope it doesn't get backed. I don't know about you guys, but I know we will see Diesel and Doink in the Ultimates line at some point and that's all I really want from the deal. I’m willing to bet that we do not. |
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Post by Deleted on Jul 30, 2021 7:32:22 GMT -5
I don’t see RSC or any other online retailer backing this. Just reading the comments you already see the mentality of they want everything, but don’t want to pay for it. So why would RSC back this and take such a loss when they can’t move them, because people will be waiting for them to go on sale. Actually, my problem is I do NOT want everything. I just want the entrance stage. If Mattel or a trusted seller on eBay wants to buy the whole lot and punt the entrance stage to me for around $100 I might jump on it, then I save $150 by not having to buy what I don't want. Yes I know I'm leaving "value" on the table, but I'd also save the hassle of having to sell of the stuff I don't want. I'll pay someone else for that service. If I can't get the stage for $100, then oh well! |
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Post by micco on Jul 30, 2021 7:34:08 GMT -5
I think Mattel Creation would have been a better opportunity to create an sell Elite figure of a wrestler WWE doesn't have signed under thier Legends line. I understand everything about WWE contracts. I think it could have raised excitement on the opportunity for us collector's to finally receive a wrestler we wouldn't get in store or online. Imagine an Owen Hart, Bruiser Brody, Steiner Brothers or Victoria being sold on its own just for us diehard collectors. That was never an option. |
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Post by Chip on Jul 30, 2021 7:35:12 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. interesting information Steve, Thank you for clarifying that. it changes the perspective, and that makes complete sense then. |
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Post by TheHitmanKid on Jul 30, 2021 7:40:21 GMT -5
I think Mattel Creation would have been a better opportunity to create an sell Elite figure of a wrestler WWE doesn't have signed under thier Legends line. I understand everything about WWE contracts. I think it could have raised excitement on the opportunity for us collector's to finally receive a wrestler we wouldn't get in store or online. Imagine an Owen Hart, Bruiser Brody, Steiner Brothers or Victoria being sold on its own just for us diehard collectors. That was never an option. It was an option in that past, till Mattel renegotiated thier contract with WWE. (Yes, dont respond with that was in the past and this is now) "I know; I know" - Captain America |
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Post by newgenandy on Jul 30, 2021 7:56:50 GMT -5
People saying back it and sell it for more later are just trying to get it backed
If you’re so sure of it increasing snd easily making 2x or 3x the original price then back 5 or 10 yourself snd make a few thousand and leave people tho don’t want to back it alone and not try and coerce them because it’s something you want
If this is backed I don’t think many would sell for much more at all snd I think people know that otherwise like I say they’d do it themselves snd not give the hint to others
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peterjp2
Main Eventer
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Post by peterjp2 on Jul 30, 2021 8:12:35 GMT -5
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 Have never seen that series at TRU, once at Walmart but it was sparse. Do those sell well? |
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Post by LA Times on Jul 30, 2021 8:18:12 GMT -5
They gave the shelf space to jazwares UFC Have never seen that series at TRU, once at Walmart but it was sparse. Do those sell well? They are outselling mattel WWE, GI Joe classified, marvel legends and NECA TMNT. |
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peterjp2
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Post by peterjp2 on Jul 30, 2021 8:31:56 GMT -5
For all those outside of the US, I'm in Canada, that are on the fence about backing this is it the cost outright that you are unsure about or the fact that if your order would be cancelled the exchange rate would have you lose money due to the conversion rate?
I've been burned before, last time on WWE shop in fact, were my order was refunded but due to time and the exchange rate I ended up losing almost $10. As many have said, if the payment for this was taken at the time of deadline then it would save the hassle of having that money sit and lose value if it were to not reach the minimum goal. For me, the stage is a want but I have collected many rings since the '90's and all are in storage due to space. Glad people want Diesel and Doink but does anyone think this project would be more successful overall if a poll was created beforehand to get the collectors opinion? I do appreciate Mattel's effort to bring us something different though.
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Post by LA Times on Jul 30, 2021 8:51:41 GMT -5
For all those outside of the US, I'm in Canada, that are on the fence about backing this is it the cost outright that you are unsure about or the fact that if your order would be cancelled the exchange rate would have you lose money due to the conversion rate? I've been burned before, last time on WWE shop in fact, were my order was refunded but due to time and the exchange rate I ended up losing almost $10. As many have said, if the payment for this was taken at the time of deadline then it would save the hassle of having that money sit and lose value if it were to not reach the minimum goal. For me, the stage is a want but I have collected many rings since the '90's and all are in storage due to space. Glad people want Diesel and Doink but does anyone think this project would be more successful overall if a poll was created beforehand to get the collectors opinion? I do appreciate Mattel's effort to bring us something different though. The problem with polls is that many casual collectors from Facebook, Instagram, etc vote in those polls too, but don't spend the money to buy what they want and what usually ends up winning is not what the diehard collectors want. And then comes the claim the polls are rigged. |
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Post by poindizzle on Jul 30, 2021 8:51:53 GMT -5
If this didn't get backed I can totally see Ultimate Diesel getting a single release down the road but if you guys think theres gonna be a Ultimate Doink on Target shelves you are kidding yourselves.
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kutzheels
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Post by kutzheels on Jul 30, 2021 8:55:33 GMT -5
Any guess on the final number of backers? I'm gonna guess around 1,300. I genuinely don't see it passing 2,000. It will probably get to 3000 backers. I see RSC and other Wrestling stores buying some of these up the last week or so. It makes no sense not to back this in the last couple of days, you either get your money back or you own something that’s very rare and will be worth triple what you paid on it. I’m sorry but this set is like a new car- it will lose its value immediately. Nobody is gonna come along in a couple years and be willing to shell out $500+ with the shipping for this. That is basically the amount someone would need to get to turn a profit. Stores like RSC could obviously sell it for less and turn a profit but why would they. They can get instant profit off of figures so why would they tie up $300 and all that warehouse space to possibly sell a handful over the years |
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peterjp2
Main Eventer
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Joined on: Feb 8, 2006 10:18:07 GMT -5
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Post by peterjp2 on Jul 30, 2021 8:56:57 GMT -5
For all those outside of the US, I'm in Canada, that are on the fence about backing this is it the cost outright that you are unsure about or the fact that if your order would be cancelled the exchange rate would have you lose money due to the conversion rate? I've been burned before, last time on WWE shop in fact, were my order was refunded but due to time and the exchange rate I ended up losing almost $10. As many have said, if the payment for this was taken at the time of deadline then it would save the hassle of having that money sit and lose value if it were to not reach the minimum goal. For me, the stage is a want but I have collected many rings since the '90's and all are in storage due to space. Glad people want Diesel and Doink but does anyone think this project would be more successful overall if a poll was created beforehand to get the collectors opinion? I do appreciate Mattel's effort to bring us something different though. The problem with polls is that many casual collectors from Facebook, Instagram, etc vote in those polls too, but don't spend the money to buy what they want and what usually ends up winning is not what the diehard collectors want. And then comes the claim the polls are rigged. Very valid point. Is there no win-win scenario for the situation at hand? |
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Post by LA Times on Jul 30, 2021 9:00:31 GMT -5
The problem with polls is that many casual collectors from Facebook, Instagram, etc vote in those polls too, but don't spend the money to buy what they want and what usually ends up winning is not what the diehard collectors want. And then comes the claim the polls are rigged. Very valid point. Is there no win-win scenario for the situation at hand? I think mattel just chose the wrong project for a first attempt at a crowd funded item. If it doesn't get backed, they can learn from their mistakes and present a better project next time. |
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Warriah'
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Post by Warriah' on Jul 30, 2021 9:07:21 GMT -5
Ultimate Rock is selling for slightly under 300 right now. A 1000% increase. SGT Slaughter has been sold out a couple days and the pre orders are fetching 150 already. A 500% increase. Even regular mass retail items double/triple in value as soon as they're off store shelves and they only increase. Some Legends/DM etc sell in excess of $500. I guarantee if backed the Diesel alone is going to be pushing that $250-300 price tag on the aftermarket, if not immediately then soon after. I've seen the cage alone from Jakks Real Scale HIAC ring sell for more than £500. There is always demand on after market wrestling figures and wrestling rings, especially when they're limited in number (which this would be). If you buy two of these things and it's successfully backed, you'll easily be able to get a set for free, and make a massive profit selling the extras.
The reason this is (or has) failed is because of the immediate payment. 100%. People saw on day 1 they took the money and decided not to bother. Most won't check back to see how it's doing, and even if they did so few people were willing to allow Mattel to greedily hold onto their money they'll see it as a failed campaign and won't back. If Mattel had used the "we'll collect the money at the end of the campaign" model that literally every other crowdfunding campaign uses this woulda been backed. Just because it's listed at those prices doesn't mean every seller will get that much. Just because one sells at that price doesn't mean that that's the market value; it means that's what someone was willing to pay then to that one seller. Also, I'm not an eBay or Amazon seller, but as a customer I like to buy from trusted venders whom I know will ship me my figures on time, packaged safely, and giving me everything I want. Also, if you sell on eBay (maybe other places) you run the risk that a buyer will be a *** and claim [something went wrong] and you lose everything. Just ask around for horror stories. You make it sound as if it's super easy and a sure bet. It's super cumbersome and annoying for some and too risky for others who don't have experience flipping stuff. With that said, I think the immediate payment thing IS a big reason larger backers haven't bought in. If I'm Ringside and I'm planning on buying 100 I can flip (or more), then I would def wait before I let another company earn interest off my money. I wouldn't be surprised if numbers shoot up as the deadlines nears. I just know I won't be one of those contributors (for aforementioned reasons). I mean something is only really worth what someone is willing to spend. But with these super limited items sellers will pretty much be able to ask what they want for them. If you’re even slightly patient you’d make bank on these in the aftermarket. It’s also worth pointing out that not everyone wants all parts of this set. Someone may not care for diesel but want the ring, someone may only want the diesel. By splitting up the pieces when you sell them you will also increase your potential audience beyond Mattel’s for the entire package. |
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Warriah'
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Post by Warriah' on Jul 30, 2021 9:11:06 GMT -5
It will probably get to 3000 backers. I see RSC and other Wrestling stores buying some of these up the last week or so. It makes no sense not to back this in the last couple of days, you either get your money back or you own something that’s very rare and will be worth triple what you paid on it. I’m sorry but this set is like a new car- it will lose its value immediately. Nobody is gonna come along in a couple years and be willing to shell out $500+ with the shipping for this. That is basically the amount someone would need to get to turn a profit. Stores like RSC could obviously sell it for less and turn a profit but why would they. They can get instant profit off of figures so why would they tie up $300 and all that warehouse space to possibly sell a handful over the years Lol people spend 500+ on 10 year old legends figures that were on sale for $10 in stores because nobody wanted them then. You cannot look at the state of modern prices on wrestling figures and think this will lose value and claim to have any idea what you’re taking about. |
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