Hot Toys, you’re going to put yourself out of business!

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If they improved the quality/likeness/value then i'd be fine with paying more for it. But they don't. Things won't change though seeing as people continue to support them, despite re-releasing the same stuff over and over again.
 
My last HT fig was Jack Sparrow (which I actually sold a little while ago and thankfully pretty much broke even) and I am now 100% out of the HT market becasue of the prices. When I actually sat down and thought about what these things cost it just sounded so crazy. And while I still buy Sideshow stuff they are starting to push me out the door. I will do my best to continue with the SW Mythos line but after those and the Batman PF I don't think I will be getting much else from them either. I finally officialy hit the wall with these things.
 
heh, this reminds me of many conversations about Games Workshop and how they are going out of business by constantly raising the prices of their 30mm figures.

Well, they actually made more profits lately than few years ago, even though they have kept raising their prices. (Some) People keep complaining about it in the net and still GW isn't going out of business.

Is it always fair? Perhaps not, but thank god there are alternatives if you don't like their pricing.
 
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It is a completely "accurate business example". The profit margins make complete sense. Guarantee they're making well over $100 per figure -- pure profit. Sell 500, make $50K. Sell 5000, make $500K. They don't release the numbers on each figure's run ... but I'd bet they're selling at least 1000 of each figure. Probably a lot more on the big releases (Batman, Avengers have to be near 10000. If so, at $100 profit per figure, you're looking at $1M on each one).

And, those are conservative numbers ... they're probably making far more than $100 on each figure (I'd bet closer to $150), and probably selling more than 1000 of most releases (including US, Europe and Japan). Their profit margins are fine without chasing lower-end buyers.

SnakeDoc

Right now it just sounds like you're stretching with those numbers...
 
heh, this reminds me of many conversations about Games Workshop and how they are going out of business by constantly raising the prices of their 30mm figures.

Well, they actually made more profits lately than few years ago, even though they have kept raising their prices. (Some) People keep complaining about it in the net and still GW isn't going out of business.

Is it always fair? Perhaps not, but thank god there are alternatives if you don't like their pricing.

Well, GW is only successful because of it's UK market (where it's based). They are steadily losing ground and closing stores in the US. That and most indie gaming stores are starting to get out since it's such a bad deal for them - direct order only, minimum orders, etc.
 
If they improved the quality/likeness/value then i'd be fine with paying more for it. But they don't. Things won't change though seeing as people continue to support them, despite re-releasing the same stuff over and over again.

I call bs..... I agree with the majority of what was written but I doubt quality / likeness increases the majority will be ok with paying these prices. Especially with no rhyme or reason for the continued markups. :dunno
 
I have DX12, Joker2.0, Gordon, Catwoman and 89 Batmobile left and I'm done as well. Don't care if they rerelease better versions either. I quit!
 
Well, I had a hard time explaining to my gf why its ok spending $300 on a figure with shipping and customs back when they were $180, but now? No matter what funds one has, there's a limit when it starts getting ridiculous. :)
 
Right now it just sounds like you're stretching with those numbers...

Yeah, Will HT will survive with only wealthy people buying there products, nope, unless they charge $750 for there figures (which is what there prices will be in 6 months). Honestly if a company looses 75% of there business because of poor choices, it will only spell disaster.
 
I have these mixed feelings about this revised figures. I have all the original versions. Now I feel like I need to upgrade, but the first will have sentiment value. The chase and time of looking and paying the high prices to obtain that certain figure and then hot toys comes out with a verion 2.0. I feel ripped off because I paid so much money for a rare figure. Now its not worth crap. My mixed feeling is because the 2nd versions are looking better, but I can't sell the original because the value dropped since I bought at a high price. That's why I am upset.
 
Buy or don't buy...there is no maybe.

It's actually pretty simple, if you like their items and don't mind the prices increasing, then keep buying and keep enjoying. If you feel that they are increasing their prices rapidly and don't care about anything, then just walk away and never buy a HT again....but *****ing about it here and then buying a HT in the end will keep threads like these going on forever. Just my two cents.
 
LOL @ "I'm done with HT. . . after Hulk, the Avengers, DX Batman, 89 Batmobile. I quit"
 
Well the last hot toys figure I bought new was superman but that was 2nd hand new and a good price(relatively).
All of my figures hot toys or custom have been bought 2nd hand or built by myself on the cheap.
It is an expensive and addictive hobby and enjoyable whilst it is within reason.
I don't think I will buy another hot toys figure new as the prices now are too high and they are not making the figures I want.
 
This might explain a lot, its from a news story a couple years ago.
It's not really Hot Toys being greedy, just a major increase in business costs the last few years.
:lecture

"Looking to China for cheap production? Not so fast.

Recently workers of Foxconn (the makers of Apple's iPhone) and Honda received raises of about 30 percent, a move expected to trigger a wave of salary hikes at factories across China. The rising costs are expected to affect prices for a host of consumer products from smartphones to t-shirts, with labor-intensive sectors such as textiles and toys likely to be the most affected. Profits could begin to erode as early as the second and third quarter of this year.

"If labor accounts for about a third of a company's total costs, a salary increase will greatly affect its profits," analyst Andrew Wong of Hong Kong's Quam Securities told Hong Kong's The Standard newspaper.

The increase in salaries at Foxconn follows a public uproar in the wake of 10 suicides at the electronics manufacturer's plant. Honda's rising payroll came in response to striking workers at a key car parts plant.

Besides the recent upward pressure on wages, production costs in China have been rising thanks to government regulations on taxes and retirement insurance, as well as more expensive raw materials. Another challenge is an increase on the price of gas and diesel fuel, which rose 4.1 percent and 4.5 percent respectively in April 2010. Those figures are up 28.7 percent and 29.5 percent, respectively, from the end of 2008, according to the Hong Kong Trade Development Council's report on "Mounting Price Pressure on China Exports."

That likely means higher prices for consumers and small businesses the world over. Says Credit Suisse's Tao of companies' response to rising prices: 'They're going to have to find a way to pass this on to the end user.""

Looks we are starting to see these increased costs now.
 
I don't know if HTs will put themselves out of business, but they're definitely forcing collectors on a budget to be more selective.

I won't say that I'll completely quit HT, but I will think seriously before every pre-order. As a big batman I'm looking forward to more TDKR releases.

A figure like Wolverine, Spiderman, or even the new Robocop figures will have to be a pass based simply on price and as much as I would love to buy everything, I can accept that I have to focus my own buying habits.
 
This might explain a lot, its from a news story a couple years ago.
It's not really Hot Toys being greedy, just a major increase in business costs the last few years.
:lecture

"Looking to China for cheap production? Not so fast.

Recently workers of Foxconn (the makers of Apple's iPhone) and Honda received raises of about 30 percent, a move expected to trigger a wave of salary hikes at factories across China. The rising costs are expected to affect prices for a host of consumer products from smartphones to t-shirts, with labor-intensive sectors such as textiles and toys likely to be the most affected. Profits could begin to erode as early as the second and third quarter of this year.

"If labor accounts for about a third of a company's total costs, a salary increase will greatly affect its profits," analyst Andrew Wong of Hong Kong's Quam Securities told Hong Kong's The Standard newspaper.

The increase in salaries at Foxconn follows a public uproar in the wake of 10 suicides at the electronics manufacturer's plant. Honda's rising payroll came in response to striking workers at a key car parts plant.

Besides the recent upward pressure on wages, production costs in China have been rising thanks to government regulations on taxes and retirement insurance, as well as more expensive raw materials. Another challenge is an increase on the price of gas and diesel fuel, which rose 4.1 percent and 4.5 percent respectively in April 2010. Those figures are up 28.7 percent and 29.5 percent, respectively, from the end of 2008, according to the Hong Kong Trade Development Council's report on "Mounting Price Pressure on China Exports."

That likely means higher prices for consumers and small businesses the world over. Says Credit Suisse's Tao of companies' response to rising prices: 'They're going to have to find a way to pass this on to the end user.""

Looks we are starting to see these increased costs now.

Nope. All that is wrong.
 
Nope. All that is wrong.

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Nope. All that is wrong.

There's truth to this though. The law was passed, but I know with airsoft manufacturing, the companies are letting go of whole elements of staff before they reach the 90-day limit to increase salary and offer benefits. So you literally have waves of newbs coming on every three months from warehouse to warehouse and just when they start to nail down what they're doing, time to switch again. Also might explain the continual and inconsistent QC issues.
 
There's truth to this though. The law was passed, but I know with airsoft manufacturing, the companies are letting go of whole elements of staff before they reach the 90-day limit to increase salary and offer benefits. So you literally have waves of newbs coming on every three months from warehouse to warehouse and just when they start to nail down what they're doing, time to switch again. Also might explain the continual and inconsistent QC issues.

Would be hard to have that kind of turnover with how specialized some of the jobs at HT are. QC would be a nightmare for them.

If HT wants to put out a great product they have to have great people working on them. They will also have to pay those people very well to keep them.
 
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