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Post by CM Tusk on Apr 7, 2023 17:03:50 GMT -5
half the people who "backed" the New Gen arena bought 2+ because it was only $250, and they knew down the road they would be able to re-sell all the pieces for more than what they paid (at least) hell, some businesses and even regular collectors backed 10+ that was a pretty good chunk of the business, I'd be willing to bet You're not getting that crowd with this piece, because the figure guarantees are too high....and everyone knows the re-sale value won't be there in the future or its not as easy of an investment. Nobody is paying $100+ for this Ultimate Rey Mysterio in 3 years. If this thing hits 5k and Rey is the only one unlocked and I don’t end up backing, chances are I’m paying that much for Rey.
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Post by Deep Figure Value on Apr 7, 2023 17:05:17 GMT -5
So... you think you're not profitable?
Fig life! I'm not profitable, but I'm forcin' you to back me!
Wow, way to ruin a silly joke, WF censors.
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Post by Rocket_Fuel_Merchant on Apr 7, 2023 17:06:47 GMT -5
half the people who "backed" the New Gen arena bought 2+ because it was only $250, and they knew down the road they would be able to re-sell all the pieces for more than what they paid (at least) hell, some businesses and even regular collectors backed 10+ that was a pretty good chunk of the business, I'd be willing to bet You're not getting that crowd with this piece, because the figure guarantees are too high....and everyone knows the re-sale value won't be there in the future or its not as easy of an investment. Nobody is paying $100+ for this Ultimate Rey Mysterio in 3 years. This is unfortunately accurate...I want this all sorts of bad, I have the disposable income, it's not a big deal...but I won't lie...I'm upset we're gonna miss Hogan, and probably everything else as well. I'm gonna have to start bothering Steve on the daily to try and get that Warrior a retail release lol For the first time I'm legit concerned it will fund at all.
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Post by coldblooded on Apr 7, 2023 17:07:13 GMT -5
Okay, and if they cancelled the first month? They gained $125,000, but lost $875,000. So in the end, Mattel didn't want to deal with variables. But they didn’t lose $875,000…..They’ll get that back when they sell them in the future. Your argument is flawed because very few if any ppl would cancel this if it’s only $30 a month…..And after that first month went by and the months after that the consumer would have already invested so much that they wouldn’t even think of backing out and losing all they have invested. Yes but if we didn't want it at 400 now, why would we want it at 400 in a year? My argument is worst case scenario. Your argument contains too many variables that Mattel didn't want to deal with.
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Post by ChuckPOORis55 Cody Gang 4 Lyfe on Apr 7, 2023 17:09:56 GMT -5
8:23am EST -- 3,848 9:23am EST -- 3,929 (+81) 10:23am EST -- 4,025 (+96) 11:23am EST -- 4,174 (+149) 12:23am EST -- 4,346 (+172) 1:23pm EST -- 4,555 (+209) 2:23pm EST -- 4,761 (+206) 3:23pm EST -- 5,109 (+348) 4:23pm EST -- 5,392 (+283) 5:23pm EST -- 5,645 (+253) 6:23pm EST -- 5,929 (+284) 7:23pm EST -- 6,209 (+280) 8:23pm EST -- 6,530 (+321) 9:23pm EST -- 7068 (+538) 10:23pm EST -- 7448 (+380) 11:23pm EST -- 7736 (+288) Final: 12am EST -- 8017 (+281) (Est time zone) 8am: 1743 9am: 1748 (+5) 10am: 1766 (+18) 11am: 1777 (+11) 12pm: 1786 (+11) 1pm: 1796 (+10) 2pm: 1807 (+11) 3pm: 1818 (+11) 4pm: 1829 (+11) 5pm: 1832 (+3) 6pm: 1848 (+16) Hours left: 9 Average needed per hour: ~350
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Post by Next Manufactured’s Sweater on Apr 7, 2023 17:10:24 GMT -5
Okay, and if they cancelled the first month? They gained $125,000, but lost $875,000. So in the end, Mattel didn't want to deal with variables. But they didn’t lose $875,000…..They’ll get that back when they sell them in the future. Even if every baby born on earth from tomorrow onwards grows up to be willing to pay $400+ for this, that’s still 16 or 18 years or so before Mattel recoup the costs. And let’s be honest, not every baby born on earth from tomorrow on is going to want this for $400+. So who are these future people who are buying it?
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christo3161
Mid-Carder
Joined on: Apr 10, 2010 10:27:46 GMT -5
Posts: 190
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Post by christo3161 on Apr 7, 2023 17:13:06 GMT -5
Can anyone honestly give me a legit reason that Mattel couldn’t allow monthly payments on this? They’re a billion dollar company so it wouldn’t be an issue for them to come up with the 4 million needed to fund this. Why couldn’t they offer this for $50 down and $30 a month until you’ve reached the $400? That way if someone balks after the first month Mattel just got a free $80 from them. I’ve backed 2 of these already and I’m just bummed that this is probably gonna fail. I think if they would allow monthly payments we would already have 11k backers. If Mattel gets all the money now or a year from now what difference does it make….in the end they will have more backers which means more money for them. They do. They have 3, 6, and 12 month options. The 6 and 12 month options charge a bit of interest, but it's only about $20 more than if you paid it all at once.
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Warriah'
Main Eventer
Joined on: Dec 22, 2019 19:46:02 GMT -5
Posts: 3,258
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Post by Warriah' on Apr 7, 2023 17:16:01 GMT -5
Mattel when you ask for a competently run crowdfund
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Post by ChuckPOORis55 Cody Gang 4 Lyfe on Apr 7, 2023 17:16:56 GMT -5
Going forward I would remove the figures and just focus on stages/rings/etc with each tier being something that goes with whatever the set is. That way you can focus on a smaller price point, a smaller goal, you don’t have to rely on people that only want figures and don’t have need/room for sets, and you get out big items stores don’t want to carry. Then focus on periodic exclusive figure releases every couple of months for those that only want need Ultimates. If it isn't evident by now, the figures sell the set, not the other way around.
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tigerlillysingh
Mid-Carder
Joined on: Jan 11, 2023 13:55:01 GMT -5
Posts: 226
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Post by tigerlillysingh on Apr 7, 2023 17:17:37 GMT -5
I don’t understand why they didn’t explicitly give folks like a 2 months heads up about this and the extent of what it was and how much it would be so to give the majority of people time to decide/plan for the outlay. That’s the thing that grates me. They’re relying on those with cash to burn and fomo to sell it; dumb as .
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wrestlingfan1000
Main Eventer
Fan of almost every type of wrestling
Joined on: Jul 6, 2012 22:29:57 GMT -5
Posts: 2,974
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Post by wrestlingfan1000 on Apr 7, 2023 17:20:29 GMT -5
In the end of the day I am 100% sold and backed it for the stage. The figures are the added bonus for me not speaking for anyone else. If this Hogan doesn't get made with this crowd funding then that's very unfortunate however this can push the Mattel team for WWE to work better on the next crowd fund project when this one gets finalized. Hopefully they figure out how to better please the international fans as this would have a home run by now. We have still a few hours left for Hogan (...), and almost an entire month for the rest of the project. Mattel WWE team try to figure something out.
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Post by newgenandy on Apr 7, 2023 17:21:46 GMT -5
I don’t understand why they didn’t explicitly give folks like a 2 months heads up about this and the extent of what it was and how much it would be so to give the majority of people time to decide/plan for the outlay. That’s the thing that grates me. They’re relying on those with cash to burn and fomo to sell it; dumb as . Yup we were told “not cheap” but that’s subjective Some may have thought the previous crowdfund wasn’t cheap so it’s be $50 or $100 more They wanted a big reveal, everyone to love it snd go get it but the real world situation is I don’t think many were thinking this sort of cost or were not prepared for it in terms of time
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Post by CM Tusk on Apr 7, 2023 17:21:52 GMT -5
Going forward I would remove the figures and just focus on stages/rings/etc with each tier being something that goes with whatever the set is. That way you can focus on a smaller price point, a smaller goal, you don’t have to rely on people that only want figures and don’t have need/room for sets, and you get out big items stores don’t want to carry. Then focus on periodic exclusive figure releases every couple of months for those that only want need Ultimates. If it isn't evident by now, the figures sell the set, not the other way around. Figures sell the set at the price point and how many backers they need with them included. Remove the figures and lower the price/number of people that need to invest and focus on made to order sets. There is a market for just stuff like stages.
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dmoney
Mid-Carder
Joined on: Jun 29, 2008 15:35:16 GMT -5
Posts: 487
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Post by dmoney on Apr 7, 2023 17:31:26 GMT -5
I realy dont understand what Mattel thought by making Rey and THIS Hogan the first 2 figures. Steve if you read this.... give us Steiner and Warrior instead of Rey and Hogan Please make it happen Mattel.
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jacobl18
Superstar
Joined on: Jan 9, 2016 5:04:55 GMT -5
Posts: 552
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Post by jacobl18 on Apr 7, 2023 17:33:04 GMT -5
But they didn’t lose $875,000…..They’ll get that back when they sell them in the future. Your argument is flawed because very few if any ppl would cancel this if it’s only $30 a month…..And after that first month went by and the months after that the consumer would have already invested so much that they wouldn’t even think of backing out and losing all they have invested. Yes but if we didn't want it at 400 now, why would we want it at 400 in a year? My argument is worst case scenario. Your argument contains too many variables that Mattel didn't want to deal with. It wouldn’t be $400. Remember in my scenario ppl are paying $50 down and $30 a month…so Mattel would have already gotten $80 up front. A year from now I believe if they offered the stage with Rey for $320 and it was in stock and ready to ship pol would jump all over that.
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Koko B. Rocket
Superstar
WF 15+ Year Member
Joined on: Feb 13, 2005 23:29:52 GMT -5
Posts: 679
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Post by Koko B. Rocket on Apr 7, 2023 17:33:10 GMT -5
Just backed two of them...
Guess we'll just see what happens now. I REALLY want that Hogan. I know its not likely at this point, but I'm hoping maybe they'll give it to us out of pity or something, lol.
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jacobl18
Superstar
Joined on: Jan 9, 2016 5:04:55 GMT -5
Posts: 552
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Post by jacobl18 on Apr 7, 2023 17:34:18 GMT -5
But they didn’t lose $875,000…..They’ll get that back when they sell them in the future. Even if every baby born on earth from tomorrow onwards grows up to be willing to pay $400+ for this, that’s still 16 or 18 years or so before Mattel recoup the costs. And let’s be honest, not every baby born on earth from tomorrow on is going to want this for $400+. So who are these future people who are buying it? It wouldn’t be $400. Remember in my scenario ppl are paying $50 down and $30 a month…so Mattel would have already gotten $80 up front. A year from now I believe if they offered the stage with Rey for $320 and it was in stock and ready to ship pol would jump all over that. This is under the impression that half the ppl would cancel after the first month….Which wouldn’t happen.
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Post by coldblooded on Apr 7, 2023 17:39:47 GMT -5
Yes but if we didn't want it at 400 now, why would we want it at 400 in a year? My argument is worst case scenario. Your argument contains too many variables that Mattel didn't want to deal with. It wouldn’t be $400. Remember in my scenario ppl are paying $50 down and $30 a month…so Mattel would have already gotten $80 up front. A year from now I believe if they offered the stage with Rey for $320 and it was in stock and ready to ship pol would jump all over that. Okay, and the majority of people who didn't want the stage just the figures? You think they'll spend 320 on a basic looking Rey ultimate? I wouldn't spend 20 bucks for that ultimate Rey, not because I can't afford it, but because there's nothing special about. Again, you're ignoring the variables. There is a payment plan that anyone can do right now. Some people can pay in 4 payments. There's also options to pay 30+ a month for 12 months on other platforms and it's still not pushing the neddle. The options are out there right now, Mattel is not a bank, they aren't gonna get the banks involved to do credit checks to do what you want. That costs more money. It's that simple, Mattel does not want to deal with those variables. I'm not trying to downplay what you want Mattel to do, I'm trying to say they won't do since it's available to do elsewhere.
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captncharisma19
Main Eventer
Joined on: Sept 16, 2019 12:54:17 GMT -5
Posts: 2,653
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Post by captncharisma19 on Apr 7, 2023 17:42:20 GMT -5
Positive if we dont hit the earlybird: the "Hogan still sells blah blah" so-called joke can die!
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Post by Professor Sparlin on Apr 7, 2023 17:42:59 GMT -5
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