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Post by Deep Figure Value on Apr 25, 2023 6:20:28 GMT -5
I love these threads.
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Post by ChuckPOORis55 Cody Gang 4 Lyfe on Apr 25, 2023 7:58:41 GMT -5
Its simple 4head, just 1-2 employees in every area (across the entire continental US) is really all you need. It's things like this that really show how small scale people think, "oh they'd only need a couple of people to serve my area so it shouldn't be that much" as if you wouldn't have to do that for rest of the country. There's 3k plus counties in the US, assuming you give 1-2 People a tri-countie area, that's 1-2 thousand employees. |
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Post by Deep Figure Value on Apr 25, 2023 9:52:06 GMT -5
Its simple 4head, just 1-2 employees in every area (across the entire continental US) is really all you need. It's things like this that really show how small scale people think, "oh they'd only need a couple of people to serve my area so it shouldn't be that much" as if you wouldn't have to do that for rest of the country. There's 3k plus counties in the US, assuming you give 1-2 People a tri-countie area, that's 1-2 thousand employees. It's just the same mental gymnastics again and again and again. If it were all that simple (and as vital as it's made out to be), it would already be in practice. |
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Post by Midnight: Dark Knight on Apr 25, 2023 10:51:01 GMT -5
Figures are already $24 at retail if they hire a whole work force to stock them I shudder to think where they'd jump to. So my questions is what is $24 times 0 equal ? If the pegs are empty for weeks or months on end and no one can buy elites at the walmart in your area, how is that better than my alternative ? Also you don't need ton of employees, you need 1 maybe 2 people. The neca vendor in my area seems to doing a good job cause i have bought a ton of predator figures at my target. I dont think you understand how a vendor/merch/salesperson works. Think of all the areas where there isn’t a store for the next 30-45 mins away, now you have travel costs. Where is this supposed product just miraculously coming from to be stocked? If through a vendor? Well than that means hubs/and warehouses have to be built throughout the country for supply to be stored and then distributed in each area and territory. This would take thousands of people, and a fleet of trucks just to name a few to make an operation like this work. If the product is going to be delivered at store level and just wait for a vendor to put away, well they don’t receive enough product now so now the merch person is just driving around aimlessly to stores to possibly put product out. I work for a beverage company and services multiple stores 5-6 days a week and it takes a whole team of people and a huge company to provide that service…and i live in a super small town… |
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Post by AxelSmackdown on Apr 25, 2023 12:38:50 GMT -5
you’re too poor to even read them |
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Post by PJ on Apr 25, 2023 13:08:50 GMT -5
Department stores like Walmart and Target don’t care if they have WWE figures on their pegs. Or any toys for that matter. They can never stock the toy department and they’re still making money, because toy sales aren’t what generate their sales.
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alphadeltaxray
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Post by alphadeltaxray on Apr 25, 2023 13:20:46 GMT -5
Hmm One Walmart near me has mostly E93 warming. The other Walmart near me has mostly E87 Candice warming. I don’t think the main problem is top picks The problem is sh¡tty ordering/inventory and sh¡tty distribution. This guy gets it.. 👆 |
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Post by AxelSmackdown on Apr 25, 2023 14:28:24 GMT -5
Hmm One Walmart near me has mostly E93 warming. The other Walmart near me has mostly E87 Candice warming. I don’t think the main problem is top picks The problem is sh¡tty ordering/inventory and sh¡tty distribution. This guy gets it.. 👆 I understand that my stores “aren’t everyone else’s” but it’s all I see at other stores, too, is over/poor ordering. |
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Post by Back to the Codyverse on Apr 25, 2023 14:37:42 GMT -5
I’ve got no real idea on how many people you need but there’s a Hasbro rep in the Nashville area and he does several stores on his own. Im not sure how many but I’ve seen him at several taking inventory and stocking. We’ve talked a few times and he’s said he takes care of multiple stores but didn’t say how many.
Grand scheme, it’d take a lot of people to cover a nation but maybe if they focused on city metro areas and a small team could work on better small town distro?
As far as Walmart goes, maybe they’re just a lost cause. I get online and see posts of stores don’t really care about toys. But they have toy departments, collector cons, store exclusives, shippers, endcaps and resets…. Somebody cares quite a bit. They just need to do better.
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Post by Deep Figure Value on Apr 25, 2023 16:03:45 GMT -5
To illustrate where Toys land on Wal-Mart's radar:
In FY2021, Wal-Mart's categorized revenue (which largely amounts to in-store departments) was just under $64 billion.
Of that, the Technology, Office, and Entertainment, which makes up discretionary departments, was just over $3 billion.
That $3 billion includes toys, but also includes major electronics, seasonal departments, books, video games, media, etc.
$3 billion in toys...in addition to other, higher ticket departments.
And all of that is just the categorized portion of their company-wide revenue of $559 billion.
That portion of the 4 feet allocated for wrestling merchandise could may as well be immaterial to the Waltons.
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Post by AxelSmackdown on Apr 25, 2023 16:15:11 GMT -5
To illustrate where Toys land on Wal-Mart's radar: In FY2021, Wal-Mart's categorized revenue (which largely amounts to in-store departments) was just under $64 billion. Of that, the Technology, Office, and Entertainment, which makes up discretionary departments, was just over $3 billion. That $3 billion includes toys, but also includes major electronics, seasonal departments, books, video games, media, etc. $3 billion in toys... in addition to other, higher ticket departments. And all of that is just the categorized portion of their company-wide revenue of $559 billion. That portion of the 4 feet allocated for wrestling merchandise could may as well be immaterial to the Waltons. wonder how much they lose from all the employee approved returned swaps |
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Post by CM Tusk on Apr 25, 2023 16:21:59 GMT -5
I know how to fix the Walmarts stock issue:
More figures with mustaches. Mustaches sell. The Top Mustaches line would do incredible numbers.
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Post by PJ on Apr 25, 2023 16:28:45 GMT -5
Also if they got rid of top picks your store’s pegs would be that much emptier. Because the top picks have different sku’s (WM) DPCI‘s (Target) than the core Elite lines. So the warehouse still wouldn’t be sending the core line. If they were they’d be at the stores now the inventory is automated. Once a store’s inventory for that SkU/DPCI hits a certain count (3 or less) in the system the warehouse automatically ships more.
You want to correct it then you need to have people stop stealing, hiding or ringing up other SKU/DPCI’s when they are street dated, because those will still be shown as on hand in the store’s inventory even though they are no longer there.
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powerfred3k
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Post by powerfred3k on Apr 25, 2023 17:47:34 GMT -5
Midnight: Dark KnightOk then whats the alternative ? Keep things the way they are and let the toy department and mattel die a slow death ? I would say its the vendor route or the store within a store model. If mattel does nothing i doubt they will be around in the future.
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Post by ChuckPOORis55 Cody Gang 4 Lyfe on Apr 25, 2023 17:59:37 GMT -5
Midnight: Dark KnightOk then whats the alternative ? Keep things the way they are and let the toy department and mattel die a slow death ? I would say its the vendor route or the store within a store model. If mattel does nothing i doubt they will be around in the future. They are going to do nothing and you'll have to live with it. Mattel doesn't care, they have their money the long before it hits shelves so it's Wal-Mart's issue and Wal-Mart doesn't care either. Mattel is a multi-billion dollar company, the definition of an evergreen product, they aren't going anywhere any time soon short of being bought by Hasbro. |
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Post by coldblooded on Apr 25, 2023 18:02:13 GMT -5
Also if they got rid of top picks your store’s pegs would be that much emptier. Because the top picks have different sku’s (WM) DPCI‘s (Target) than the core Elite lines. So the warehouse still wouldn’t be sending the core line. If they were they’d be at the stores now the inventory is automated. Once a store’s inventory for that SkU/DPCI hits a certain count (3 or less) in the system the warehouse automatically ships more. You want to correct it then you need to have people stop stealing, hiding or ringing up other SKU/DPCI’s when they are street dated, because those will still be shown as on hand in the store’s inventory even though they are no longer there. Not the Twinkies!! |
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Post by Deep Figure Value on Apr 25, 2023 18:10:22 GMT -5
Also if they got rid of top picks your store’s pegs would be that much emptier. Because the top picks have different sku’s (WM) DPCI‘s (Target) than the core Elite lines. So the warehouse still wouldn’t be sending the core line. If they were they’d be at the stores now the inventory is automated. Once a store’s inventory for that SkU/DPCI hits a certain count (3 or less) in the system the warehouse automatically ships more. You want to correct it then you need to have people stop stealing, hiding or ringing up other SKU/DPCI’s when they are street dated, because those will still be shown as on hand in the store’s inventory even though they are no longer there. How do we pin the first paragraph here to the front page of this forum? There's still a concerning number of people who think the kid with the SNC in the action aisle between electronics and toys has a direct line to Mattel. |
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Post by coldblooded on Apr 25, 2023 19:14:08 GMT -5
Also if they got rid of top picks your store’s pegs would be that much emptier. Because the top picks have different sku’s (WM) DPCI‘s (Target) than the core Elite lines. So the warehouse still wouldn’t be sending the core line. If they were they’d be at the stores now the inventory is automated. Once a store’s inventory for that SkU/DPCI hits a certain count (3 or less) in the system the warehouse automatically ships more. You want to correct it then you need to have people stop stealing, hiding or ringing up other SKU/DPCI’s when they are street dated, because those will still be shown as on hand in the store’s inventory even though they are no longer there. The problem is most Walmarts are food driven. So the lack of employees when they are told to focus on stocking the foods, everything else gets to the bottom of the priority list. If every Walmart had enough employees to do the extra work required to make aisles stocked, we wouldn't have much of this problem. The hole 3 or less ordering your talking about, is right. But if you don't have employees checking counts, numbers won't get fixed. And when employees see a toy they put it in the most likely item spot. Holes just get filled with random items. Being a store manager at Walgreens, I know how the stores software "should" work. But if you don't have enough employees to make it work, it won't work. Hence, get rid of top picks, less room for error. |
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secondwhiteline
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Post by secondwhiteline on Apr 25, 2023 19:46:29 GMT -5
If mattel were to do it with the set up costs, employee costs like wages, running costs like fuel and insurance, there’s also a supervisory - QC element where someone would need to make sure it’s being done and being done right etc so we know it would never be fine but hypothetically if it were it would literally cost millions. That’d could be an extra $5-$10 on every figure. People complained when they go up by a couple of dollars. I totally disagree with everything you just posted. 1. Mattel can hire vendors as independent contractors to keep the costs down. 2. A potential Vendor stocks product at every store mattel has product in a certain area. 3. A vendor would stock all mattel products, hotwheels, barbie, wwe, etc. So your not just stocking wwe figures. 4. Stockers at walmart don't know the difference between top pick elites, regular elites, or exclusive elites, they are treat all the same so the counts get screwed up all the time because of this. 5. Does walmart even have department managers for the toy department anymore ? I don't think they do. 6. You don't need tons of employees, 1-2 in every area is really all you need. 7. If toy departments in walmart stores are baron wastelands most of the year then mattel is losing lots of money on product that walmart is not re-ordering. 8. Sales would obsoletely increase with dedicated vendors and people would buy less product online. 9. Prices might have to go up to counter the cost of a vendor, but not $5-10 dollars per figure. 10. Is the current situation at walmart with empty pegs for weeks ok with you ? Suggest a better option, cause at this rate mattel and toy departments as a whole will not exist in a few decades.
Do you know how much Mattel product there is in a single toy department at a big box store? That's an insane level of stock, and now you're recommending that they farm that out to independent contractors, so now you're asking non-employees who obviously don't have the benefits of being Mattel employees to care about the level of Mattel stock at a store.
And what do you mean by "1-2 in every area"? What size are the areas? How often are they visiting stores to stock? Where are you getting your projections?
Also, stock in a big box store is done by scanning. There are no count errors happening because employees don't know the difference between Elite 100 and Top Picks. I'm under the impression reordering is pretty automated with these stores, but I don't know how that's done at Wal-Mart specifically.
I mean, I don't need to suggest a better option to point out that a company switching to vendor-based strategy for non-perishable mass market product at this scale is infeasible, like just not at all cost effective. I don't know exactly why Wal-Marts are so devoid of product now, but stock issues are not just a Mattel WWE situation. For ages it was attributed to supply chain issues and factory logjams, but at a certain point it's clear that Wal-Mart's just keeping like 3 people on hand at any given shift at this point. That sucks, but there's literally no better option for Mattel than rolling those dice on WM putting the figures out on the floor. It's the option that doesn't involve taking on the entire cost of stocking product to sell like 3 extra figures to surly adults. Top Picks is about overstocking popular names to counter that so a kid will always have a Roman Reigns to buy, not so old dudes can fill the hole in their heart with another Ultimate Warrior.
Also that situation is fine with me because I buy my toys online like a normal person in 2023. If I'm in Wal-Mart it's because I need cleaning supplies or something. I'm not driving there to catch new product at the stock shift like it's 2008. I'm not hanging out waiting for Target to open in the morning with the Hot Wheels weirdos.
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Post by Sizzle on Apr 25, 2023 22:22:32 GMT -5
It really is funny seeing these threads because it demonstrates a fundamental understanding of how these stores work. It's been done to death in this thread alone but if the solution of hiring Mattel stockers to manage the shelves or any of the other proposed solutions were genuinely effective, there would be efforts being made to implement them. The reality is Walmart doesn't need to keep the WWE shelves fully stocked with the newest product because it's not anywhere near the top of their list of priorities. Grown ass adults are in this thread thinking it's the end of the world for Walmart and Mattel because the shelves don't have the most recent Elite wave every other week. It's kind of ridiculous.
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I dont know good luck 
