voicesinmyhead
Main Eventer
Joined on: Mar 4, 2009 19:21:00 GMT -5
Posts: 1,583
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Post by voicesinmyhead on Apr 10, 2023 9:56:33 GMT -5
He is literally explaining it to you. It's not even a take. It is simply how a crowdfund works, and how Mattel needs to run it to make a profit. How much the stage is worth to you isn't what he is talking about. $400 is how much the stage + Rey costs for Mattel to sell to you at the lowest price possible and still make a small profit (because believe it or not businesses don't do things for free). If you don't think it is worth that (like your terrible sand analogy) then don't buy it. It's not worth getting into it with someone who is clearly very big mad that this isn't going well but I will tell you not to worry, I and many others aren't backing this lmao. I am not "big mad" that this isn't going well. I backed it because I like what they are offering, but if it doesn't get funded then I also saved $400. It is really a win win for me. What bothers me are people like you that are clearly not backing it, but decide to come in here with constant negativity and lack of understanding and baseless claims. It is actually funny to me that you are not backing and not invested, but get off on the project failing and wasting your time in a chat for something you're not interested in. But you do you man.
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Post by ChuckPOORis55 Cody Gang 4 Lyfe on Apr 10, 2023 10:05:48 GMT -5
It's not worth getting into it with someone who is clearly very big mad that this isn't going well but I will tell you not to worry, I and many others aren't backing this lmao. I am not "big mad" that this isn't going well. I backed it because I like what they are offering, but if it doesn't get funded then I also saved $400. It is really a win win for me. What bothers me are people like you that are clearly not backing it, but decide to come in here with constant negativity and lack of understanding and baseless claims. It is actually funny to me that you are not backing and not invested, but get off on the project failing and wasting your time in a chat for something you're not interested in. But you do you man. Who would think that people with dissenting opinions would participate in a discussion on a discussion board. I don't get off on this thing failing, in fact I believe collecting/collectors would be better off if it does get funded. However, I don't think there is a 400 dollar value in the set with its base offerings and due to how it has been executed it won't be successful and the merit of those opinions are just as valid as the people who want this to be funded so badly that they are begging people to tell every single person they know who had their TV on wrestling once. I also think the amount of corporate bootlicking is off the charts and blaming issues on the consumers to be laughable.
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Post by Jim Cornette’s Wendy’s Order🍔 on Apr 10, 2023 10:10:33 GMT -5
Checked this morning and it was at 2011 backers. Now at 2010. Had our first cancellation that I’ve noticed anyways.
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Warriah'
Main Eventer
Joined on: Dec 22, 2019 19:46:02 GMT -5
Posts: 3,231
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Post by Warriah' on Apr 10, 2023 10:11:08 GMT -5
I fail to see how offering a better alternative to the Hogan as an early bird would be a problem.
If $400 at 5k can turn a profit for the stage, Rey and Hogan (the arbitrary cutoff of April 7th was to encourage people to back. So it is economically viable to produce 5k units of the stage and 2 figures), then it can turn a profit with something more appealing than the Hogan.
Obviously Mattel knows what’s viable in terms of what they can provide from an early bird. But surely a Macho Man repaint with a soft goods jacket wouldn’t be more expensive to produce than the Hulk was with soft goods shirts and a new head.
Relaunch with a better early bird. Forget Hogan and fix the international situation and you’re golden. It’s the best/only chance this has.
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thep1
Main Eventer
Joined on: Jul 11, 2022 14:53:27 GMT -5
Posts: 1,234
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Post by thep1 on Apr 10, 2023 10:14:59 GMT -5
In the real world I teach 8th grade, special education. I have had to learn the art of talking to people. Yes, I want Hogan more than anything (toy-wise that is; probably not getting him, total 1st world problem, but I will be okay in the long run). That said, coming in to this thread and going back to read where Steve was gracious enough to answer questions, I cannot believe the gall in how some of you would "talk" to him like that, especially hiding behind your keyboards. Show the man some respect.
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Post by ChuckPOORis55 Cody Gang 4 Lyfe on Apr 10, 2023 10:15:12 GMT -5
Feel like this is worth reiterating because it's a pretty simple understanding, but the thinktank of WF business moguls making up this board still seem to be operating under the impression that the tiers and offerings have been arbitrarily selected and are fluid based on perceived consumer demand. $400 * y = allocated budget for the project y = number of tiered backers needed to move on to the next phase of the project. Budget = production costs (production, tooling, deco, etc.) associated with producing and delivering the proposed product while still turning a profit^. ^ I'm choosing to assume that "profit" here is a bare minimum ROI on crowdfunded dollars raised on account of Steve's comments that RP should be higher.$2m: Rey & the Stage can turn a profit $2.8m: Rey, DDP, and the Stage can turn a profit $3.6m: Rey, DDP, Steiner, and the Stage can turn a profit $4.4m: Rey, DDP, Steiner, Warrior, and the Stage can turn a profit Operational "suggestions" are terrific until you don't know the inner workings of what sort of determinations were used to come up with these numbers and how much effort, if any, went into driving the price as low as humanly possible while still turning a profit, which likely covers most of us in this situation. There's a baseline understanding that different production costs are associated with each step along the way, but without those cost estimates in front of you, you're only scratching the surface of what's at play here. Its also important to remember that a lot of people on this board didn't even understand what a crowdfunding was during the New Gen Arena. If you go back and re-read the thread there are people asking boomer level questions about it, especially during the beginning. I'm not shocked at all with the suggestions we've seen so far because of that.
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Post by ChuckPOORis55 Cody Gang 4 Lyfe on Apr 10, 2023 10:19:34 GMT -5
I fail to see how offering a better alternative to the Hogan as an early bird would be a problem. If $400 at 5k can turn a profit for the stage, Rey and Hogan (the arbitrary cutoff of April 7th was to encourage people to back. So it is economically viable to produce 5k units of the stage and 2 figures), then it can turn a profit with something more appealing than the Hogan. Obviously Mattel knows what’s viable in terms of what they can provide from an early bird. But surely a Macho Man repaint with a soft goods jacket wouldn’t be more expensive to produce than the Hulk was with soft goods shirts and a new head. Relaunch with a better early bird. Forget Hogan and fix the international situation and you’re golden. It’s the best/only chance this has. It really depends on how much deco costs vs basic accessories which may be why the Hogan was chosen. Hogan wasn't even a repaint, 90% the figure itself was a straight up re-release so there were no new deco costs vs one of the more ornate Machos I could see costing a bit more.
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PVA
Main Eventer
Too hot to handle and too cold to hold
Joined on: Apr 12, 2004 15:33:20 GMT -5
Posts: 3,141
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Post by PVA on Apr 10, 2023 10:22:20 GMT -5
My idea is to just to tell us we're getting all 5 figures if we back however we have to hit 10,000 backers total. So it lowers the threshold from 11K to 10K but it guarantees everyone all 5 figures. I think all of us saw the 5 figures and want them all no matter what. I think that's a big part of the hangup here. People want the guarantee. Get rid of the tiers and do a hail Mary all or nothing deal. If it hits 10k we get it and all 5 figures, if it doesn't we don't. I don't mind just the Stage and Rey. The stage is worth 400 to me but to a lot of people, it's not. Not sure if this would work at all but it would give people that guarantee of all 5 figs so maybe there would be a surge. Just an idea. Again, just no understanding of how this works. Mattel didn't just pick numbers out of a hat and say let's make Warrior at 11,000 randomly. These numbers are strategically chosen based on production costs, profit margins, etc. If they could have offered us the figures at lower tiers then they would have. People just keep making up figures, numbers, and ideas without any basis or understanding of simple economics. Anything less than 11,000 for the stage and 5 figures is NOT a possibility. Stop suggesting it. Yes agreed but to his point, if there was no tiers and everything is guaranteed if gets to 11k backers, I am confident the number of backers would be much higher now. That said, many people are confusing what the backing is for….the entrance stage!! The figures are bonuses if enough people want the stage they’d have enough profits to sweeten the deal. But its apparent people want the DDP, Steiner or Warrior more than they want the stage so a lot of people aren’t backing it until those tiers will get hit (and that just won’t happen) Mattel doesn’t need a crowdfund to release an ultimate Scott Steiner. Haha
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Post by Fighter Hayabusa on Apr 10, 2023 10:22:43 GMT -5
Only thing that I can see them doing at this point is adjusting the price point for international buyers. Then use that as justification to reopen Hogan for a week.
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Post by Crossfit Jesus on Apr 10, 2023 10:23:21 GMT -5
Now we’re at a snails pace
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Post by ~*Young $ Money*~ on Apr 10, 2023 10:28:55 GMT -5
Now we’re at a snails pace Think it even lost one lol
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Post by ChuckPOORis55 Cody Gang 4 Lyfe on Apr 10, 2023 10:30:21 GMT -5
Now we’re at a snails pace Think it even lost one lol At 8am yesterday we were at 2008, we are now at 2010.
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Post by ~*Young $ Money*~ on Apr 10, 2023 10:32:34 GMT -5
Think it even lost one lol At 8am yesterday we were at 2008, we are now at 2010. I thought it was 2011 this morning when I checked
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Post by ~*Young $ Money*~ on Apr 10, 2023 10:32:34 GMT -5
Think it even lost one lol At 8am yesterday we were at 2008, we are now at 2010. I thought it was 2011 this morning when I checked
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voicesinmyhead
Main Eventer
Joined on: Mar 4, 2009 19:21:00 GMT -5
Posts: 1,583
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Post by voicesinmyhead on Apr 10, 2023 10:33:56 GMT -5
Think it even lost one lol At 8am yesterday we were at 2008, we are now at 2010. It had hit 2011 and then went down to 2010. So it did in fact lose one. Also, for those worried about canceling, someone was able to pull it off. Must not be that tricky.
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Post by ChuckPOORis55 Cody Gang 4 Lyfe on Apr 10, 2023 10:35:19 GMT -5
At 8am yesterday we were at 2008, we are now at 2010. It had hit 2011 and then went down to 2010. So it did in fact lose one. Also, for those worried about canceling, someone was able to pull it off. Must not be that tricky. Never said it didn't, just what the current number was vs where it was yesterday.
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Post by ChuckPOORis55 Cody Gang 4 Lyfe on Apr 10, 2023 10:36:14 GMT -5
At 8am yesterday we were at 2008, we are now at 2010. I thought it was 2011 this morning when I checked May have been, just stating where we are at now vs yesterday.
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voicesinmyhead
Main Eventer
Joined on: Mar 4, 2009 19:21:00 GMT -5
Posts: 1,583
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Post by voicesinmyhead on Apr 10, 2023 10:37:45 GMT -5
Again, just no understanding of how this works. Mattel didn't just pick numbers out of a hat and say let's make Warrior at 11,000 randomly. These numbers are strategically chosen based on production costs, profit margins, etc. If they could have offered us the figures at lower tiers then they would have. People just keep making up figures, numbers, and ideas without any basis or understanding of simple economics. Anything less than 11,000 for the stage and 5 figures is NOT a possibility. Stop suggesting it. Yes agreed but to his point, if there was no tiers and everything is guaranteed if gets to 11k backers, I am confident the number of backers would be much higher now. That said, many people are confusing what the backing is for….the entrance stage!! The figures are bonuses if enough people want the stage they’d have enough profits to sweeten the deal. But its apparent people want the DDP, Steiner or Warrior more than they want the stage so a lot of people aren’t backing it until those tiers will get hit (and that just won’t happen) Mattel doesn’t need a crowdfund to release an ultimate Scott Steiner. Haha The bigger issue was that he was suggesting to lower the tiers, not just get rid of them. Both are a no go since a tier system is how crowdfunds are run (the more backers, the more extra we get), and Mattel needs a minimum of 11,000 to be able to produce the stage and five figures. Like you said, many are not understanding that the figures are extra. I just can’t stand hearing all these “suggestions” of lowering the tiers.
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Post by Deep Figure Value on Apr 10, 2023 10:38:35 GMT -5
In the real world I teach 8th grade, special education. I have had to learn the art of talking to people. Yes, I want Hogan more than anything (toy-wise that is; probably not getting him, total 1st world problem, but I will be okay in the long run). That said, coming in to this thread and going back to read where Steve was gracious enough to answer questions, I cannot believe the gall in how some of you would "talk" to him like that, especially hiding behind your keyboards. Show the man some respect. That discourse last night completely blew me away - not even just the tone people took with him, but the wild insinuation that because someone has worked in front facing/customer service related capacities, they were somehow qualified to assess his job performance and comment on how they could/would do it better. I think people forget or have a poor perception of the fact that Steve's account here predates his employment with Mattel - he was a fan and a collector before he ever was ever "Steve from Mattel". There's a lot of talk being talked here, but very few, if any of us here can say we've walked the walk quite like that.
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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 Apr 10, 2023 10:50:20 GMT -5
At 8am yesterday we were at 2008, we are now at 2010. It had hit 2011 and then went down to 2010. So it did in fact lose one. Also, for those worried about canceling, someone was able to pull it off. Must not be that tricky. I don’t think people were saying cancelling would be tricky, some just don’t have the patience and want to sit on hold for awhile. I’ve been paying 40 extra dollars on my cable bill each of the past few months because I don’t have the patience to call, sit through endless number of prompts in the hope I get to a live operator. Then I pray they speak my language and understand what I’m asking. There is value in sites like spamS and EE where you can just click through a couple of screens and your item is cancelled. I believe international folks were saying it’s costs them money to call Mattel’s # to cancel?
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