natureboyfauser
Superstar
Joined on: Sept 2, 2013 22:28:32 GMT -5
Posts: 663
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Post by natureboyfauser on May 6, 2023 7:37:50 GMT -5
I think the marketing was really good. Build up announcement. Then Wrestlemania week and show it to all. On every toy site. A video done. Multiple interviews on it. Hulk Hogan does a video. On Raw and Smackdown. All over social media. All of us. The juggle of Steiner. Nope it's not marketing. It's a high price point in a difficult economic time without the help from our out of the States friends who would be paying so much more. That's my two cents. Still very sad and want it. Hope something can still work out.
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elvisfan1
Jobber
Joined on: Jul 27, 2021 6:41:11 GMT -5
Posts: 40
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Post by elvisfan1 on May 6, 2023 7:38:32 GMT -5
Glad this is over. Appreciate Steve and the Mattel team’s work on this, but people on both sides became way too arrogant, whether it was the figure influencers, who can drop $400 like nothing, or the international fans hoping it tanked. It was a great looking set, but as others mentioned, dropping it right after Mania, where fans drop thousands and thousands to travel to, and also a release of several new lines, I think that was a major flaw. The other is the pessimism in the economy. Very unfair statement. 99% of us wanted to buy it but we were being overcharged significantly.
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Post by coldblooded on May 6, 2023 7:42:04 GMT -5
Glad this is over. Appreciate Steve and the Mattel team’s work on this, but people on both sides became way too arrogant, whether it was the figure influencers, who can drop $400 like nothing, or the international fans hoping it tanked. It was a great looking set, but as others mentioned, dropping it right after Mania, where fans drop thousands and thousands to travel to, and also a release of several new lines, I think that was a major flaw. The other is the pessimism in the economy. Very unfair statement. 99% of us wanted to buy it but we were being overcharged significantly. Well that goes without saying, we all wanted the stage, but we had to deal with the POORS!!! AM I DOIN IT RITE?!?
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Warriah'
Main Eventer
Joined on: Dec 22, 2019 19:46:02 GMT -5
Posts: 3,259
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Post by Warriah' on May 6, 2023 7:42:19 GMT -5
You know it’s actually absurd that mattel even needs to crowdfund. They have money. They’re a billion dollar company. They could have footed 4 million into this themselves and had it be a ready to go limited item of 11k units. And they would lose money when they couldn't even get 5000 to buy it. How many more people would buy it if they were: A) guaranteed to get it B) the full value of all 5 figures was included C) x number of units are produced and that’s it. All five are limited to 1/11000.
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robin3103
Jobber
Joined on: Jul 4, 2022 19:15:47 GMT -5
Posts: 24
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Post by robin3103 on May 6, 2023 7:43:49 GMT -5
Two reasons for international customers, like me, to back only one, if at all.
1. The dollar/euro rate, Mattel now simply asks for the euro amount, the New Gen Set was billed in dollars. As a result, the price fell a lot because the euro is worth significantly more. Currently 400$ is around 356€, but they just charge in euro, which means you pay way more then US customers.
2. Customs costs are calculated + in my case at least, 50€ more without reason.
I end up paying so much more because all of this. Im happy it didnt get funded.
When I backed 30x new gen sets, I saved around 1500€ because i was billed in dollar, which saves money if the euro/dollar exchange rate is good.
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Post by muuk76 on May 6, 2023 7:44:35 GMT -5
I think the marketing was really good. Build up announcement. Then Wrestlemania week and show it to all. On every toy site. A video done. Multiple interviews on it. Hulk Hogan does a video. On Raw and Smackdown. All over social media. All of us. The juggle of Steiner. Nope it's not marketing. It's a high price point in a difficult economic time without the help from our out of the States friends who would be paying so much more. That's my two cents. Still very sad and want it. Hope something can still work out. The USA fans dropped the ball big time. When it came to be counted they were missing in action especially that cocky colonial who said they didn't need international backers, I notice he is conspicuous by his absence ?.
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sharkmark21
Jobber
Joined on: Oct 27, 2008 21:33:03 GMT -5
Posts: 45
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Post by sharkmark21 on May 6, 2023 7:46:38 GMT -5
Why don’t they just make it anyway for the close to 4,000 who backed it? I’m curious to know what Mattel crowdfunds didn’t get made. That MOTU Eternia playset was $550 and 11,000 people backed it. Mattel can easily make the Nitro stage and make money.
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Post by plastictaxicab on May 6, 2023 7:59:13 GMT -5
Why don’t they just make it anyway for the close to 4,000 who backed it? I’m curious to know what Mattel crowdfunds didn’t get made. That MOTU Eternia playset was $550 and 11,000 people backed it. Mattel can easily make the Nitro stage and make money. Steve has said countless times that it s not possible for them to make this unless it hit 5,000 due to pre-negotiations with the production facility on numbers. It’s not a profitable product for them under 5,000 due to all the new tooling.
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RedDevil
Main Eventer
Joined on: Aug 8, 2017 18:43:00 GMT -5
Posts: 1,586
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Post by RedDevil on May 6, 2023 8:09:50 GMT -5
Why don’t they just make it anyway for the close to 4,000 who backed it? I’m curious to know what Mattel crowdfunds didn’t get made. That MOTU Eternia playset was $550 and 11,000 people backed it. Mattel can easily make the Nitro stage and make money. They'd need to raise the price to meet whichever margin they decided on at the 5,000 mark - for a little less than 4,000 units then they'd likely need to ask the backers for an additional fifth of the price at least (assuming all the backers agreed, which they probably wouldn't). If they did send-out an email to backers next week offering us to pay a bit more to get it made then I'd do it, but Mattel won't do that. Has a failed crowdfund in any other brand ever been saved before?
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HothHan
Mid-Carder
Joined on: Jul 16, 2020 8:05:30 GMT -5
Posts: 125
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Post by HothHan on May 6, 2023 8:10:59 GMT -5
Crowd funding in general typically finds more success during this time of the year. The timing was an analytical (and correct) decision. I'm not sure of the rules around here regarding posting links but it's easy to Google it. What they needed to do was drop the price $200, throw in 11 more figures, include a figure of the guy that hopped the rail at Bash at the Beach 96 that guy his head kicked in by Nash, and include a WCW Nitro fanny pack and maybe then more people would have seen the value in it. Edit: also I still can't believe people were ready to take a LOAN out for this. Despite how cool it was that is nuts. Either you have the money or you don't for a completely un-essential item. How on earth can you say the timing was the "correct" decision when the project failed? Analytics can be great, but there are times where common sense means more.... Wrestling fans wallets were stretched tight during this time of year and Mattel asked for $400 more..... then rolled out at least another $300+ in pre-orders within 48 hours. How on earth can I say the timing was the correct decision? Because it was. The first quarter of the year is when crowdfunding projects see the most success. This didn't fail because of timing. It failed because it wasn't exactly marketed great to widen the net outside the core wrestling figure collector with disposable income and not enough people saw the value in it.
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ajay182
Mid-Carder
Joined on: Aug 3, 2020 16:53:10 GMT -5
Posts: 322
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Post by ajay182 on May 6, 2023 8:12:04 GMT -5
And they would lose money when they couldn't even get 5000 to buy it. How many more people would buy it if they were: A) guaranteed to get it B) the full value of all 5 figures was included C) x number of units are produced and that’s it. All five are limited to 1/11000. Numbers barely moved when Steiner was dropped to the 5000 tier and he was arguably the most attractive of all the figures. Adding a Hogan and Warrior that people were widely critical of isn't moving x thousand extra units.
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Post by Jeremiah on May 6, 2023 8:14:15 GMT -5
Wow I'm unbanned. Ok lesson learned sucks it didn't happen I backed 6 but it was not to be. Maybe in the future we will see Steiner and ddp in world Title attire runs in ultimate until then I got tna Steiner for fig fed.
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Post by ChuckPOORis55 Cody Gang 4 Lyfe on May 6, 2023 8:19:06 GMT -5
Wow I'm unbanned. Ok lesson learned sucks it didn't happen I backed 6 but it was not to be. Maybe in the future we will see Steiner and ddp in world Title attire runs in ultimate until then I got tna Steiner for fig fed. Lmao what a day to get unbanned. Wish you could've been here earlier.
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FFK
Main Eventer
Suck it!
Joined on: Sept 6, 2010 19:27:38 GMT -5
Posts: 3,186
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Post by FFK on May 6, 2023 8:22:26 GMT -5
Maybe next time (if there is a next time) Mattel will ask us what we want instead of the take it and like it approach. I wanted this stage but at the same time I’m glad it didn’t funded so then maybe things will change and we can vote on what’s included in the future crowd funds.
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Deleted
Joined on: Nov 18, 2024 10:37:36 GMT -5
Posts: 0
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Post by Deleted on May 6, 2023 8:23:26 GMT -5
Well that goes without saying, we all wanted the stage, but we had to deal with the POORS!!! AM I DOIN IT RITE?!? I laughed. So I’d say yes. Well done.
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stormbreaker
Superstar
Joined on: Jul 23, 2021 16:34:10 GMT -5
Posts: 927
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Post by stormbreaker on May 6, 2023 8:23:38 GMT -5
Sorry to all those who ordered this, and to Steve and the others at Mattel who were so invested in this set.
While I only ever entertained the notion of buying it for the Hulk figure, since I have no room for such a large display piece, I thought this was the coolest wrestling collectible I have ever seen. It was a stunning display piece.
Don’t give up hope, gang! Who knows? Maybe Steve and Company will come up with some kind of strategy that will allow for this to come out in some fashion or other. Either through a different kind of sale, or a piece by piece subscription program, or via another means.
I highly doubt we’ve seen the last of this amazing piece.
So, again, sorry to all those who are disappointed. But don’t lose hope!
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Post by Jeremiah on May 6, 2023 8:24:31 GMT -5
I saw everything I posted on my YouTube channel thoughts and how crowd funders work even saw a few mention me. But I'm not gonna stir anything up It sucks no stage, I'm fine with the Eddie Ultimate look, and Rey look I hope my pre orders don't get cancelled, I pre ordered a ton of stuff waiting on my extra Andre to make the Giant swaping the heads. July can't arrive fast enough. Will take that 2k and get some dental work done that's little overdue. And now just gonna check for upcoming items to pre order or not. Have a good day 😊
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mjmoney23
Mid-Carder
Joined on: Mar 7, 2015 21:34:45 GMT -5
Posts: 289
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Post by mjmoney23 on May 6, 2023 8:27:25 GMT -5
Day 1 backer here. A bit disappointed this morning that it didn't get funded. While watching smackdown last night, my wife saw the ad and asked why it was just advertised today when it's thr last day. Great question! How many casual collectors might have seen it and are going to look to buy it today? That ad should have been on over a month ago when it went live, that's as big of a botch as there can be if an ad was going to be done.
Next issue was the price. Without a ring, this could have been 250 easily. The 11k stretch was unrealistic based on last year's total and being 150 less. Of everything was unlocked, this would have been a great value. If only the first tier was unlocked, not as much. It should have been the stage and 3 figures tops to keep it at 250. Weren't the leds a major part of the cost? Those could have been scaled way down. To me, those were the least important feature of the stage, at least how many there were. Cutting leds and the amount of figures to bring this closer to 250, even 300 would have been a game changer imo. As I am in the US I won't even comment on the international shipping issues, but those definitely were another negative against this being backed
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triplehpotter7
Superstar
Passionate about all I love in life. ^_^
Joined on: Apr 7, 2013 10:59:51 GMT -5
Posts: 740
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Post by triplehpotter7 on May 6, 2023 8:28:01 GMT -5
Well it looks like it's time for the New World Poorder to disband. It's been an honor being poor with you all, but I'll always know being poor is 4 lyfe. *Makes jerk off motion* (ROTFL) Instead of a 2 Sweet gesture, the nWp's hand symbol would be a cupped fist? 🤣
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TheXtremisT
Main Eventer
10 Year Member
This is the way
Joined on: May 3, 2008 8:03:15 GMT -5
Posts: 3,951
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Post by TheXtremisT on May 6, 2023 8:28:12 GMT -5
Just think. All they had to do to make this a success was charge international customers the same as the yanks. 1000 people from the rest of the world would have absolutely backed this. Will they learn from this? I have a feeling that’s a no. This died by Mattel’s greed. Nothing more to say. 100% This is entirely on Mattel's fault and I could pretty much guarantee that at least internally, they will blame us in some way. It is entirely down to their greed. A complete and utter balls up. Completely overcharging us for: 1. Currency conversion 2. Tax 3. Import duties - which they have basically no reason to make us pay up front (see New Gen ring). This should be down to the individual to pay after receipt in country. 4. Additional £9 shipping. Why do we have an additional charge for this when we're already paying for shipping into the factored £500? It comes down to them trying to make a quick buck. And it absolutely backfired. So no blame should ever be placed on anyone else. AND then you have all the other choices they've made regarding the offerings and early backer bonus..... Terrible, just utter terrible. And finally to cap it all off, the marketing was done wrong. Why do what you should have done in the first week and throughout the campaign, AT THE LAST COUPLE OF DAYS LEFT? Advertising on WWE.com, on the WWE Network, promotion on tv and getting Hulk Hogan to push it on the last day? There is so much to learn from this and it is absolutely mind-boggling as to the decisions made during this campaign.
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