Jazzinc 1/6 Batman 1989 Batmobile

[Dave_W]

2400 units? Tax man be like...

 

[JazzInc]

What about the suit vault/armory and Batcomputer? Could you see yourself making those?

Yes! Especially the bat computer if Hot Toys doesn't make it

 

[sabin23]

2400 units? Tax man be like...

What’s taxation like in the Netherlands (I think that’s where they’re based)?

2,400 x $1,500 = $3,600,000 USD*

* Not accounting for overhead, R&D, licensing and other expenses.

 

[Dave_W]

Less than 500 units for the Forever Batmobile, 5x less than 89. Wowzers!

 

[DiFabio]

Yes! Especially the bat computer if Hot Toys doesn't make it

Awesome, great to hear. So glad I got the Mars Toys Alfred then, he’ll look so great in a JazzInc ‘89 Batcave tidying up Batman’s arsenal next to the vault.

Hot Toys have dragged their feet for two years on the Batcomputer now, I’d rather see it done by you. You guys could probably come up with some nifty ingenuity, like swap out screens, something Hot Toys would be too lazy and cheap to even attempt. Great stuff.

 

[JazzInc]

What’s taxation like in the Netherlands (I think that’s where they’re based)?

2,400 x $1,500 = $3,600,000 USD*

* Not accounting for overhead, R&D, licensing and other expenses.

Ok, sharks, that's an interesting question but taxes is the least of our worries.
Corporate tax is 26% and another 25-34% for dividend tax in The Netherlands. Add to that supply chain (which is a whopping 70% in our case and unheard of in the business to put 70% back into the product). Then add Warner Bros licensing percantages, our salaries, equipment cost, rent for office and storage, PayPal and credit card fees, accountancy fees, website (build, maintenance and hosting), bank fees, R&D and other overhead and you'll see why no other company in the world is able to make this work. You cannot be in it for the money.

Also, as you can see I did not mention Retail, wholesale and marketing cost, because there is no room for that. Also no exhibition costs like nice big stands on Cons), because we cannot afford it. An average brick and mortar retail store selling collectibles will have a higher gross margin than we do and we do everything from design, to production to sales to supply chain and logistics and aftersales.

 

[BigWayne]

Ok, sharks, that's an interesting question but taxes is the least of our worries.
Corporate tax is 26% and another 25-34% for dividend tax in The Netherlands. Add to that supply chain (which is a whopping 70% in our case and unheard of in the business to put 70% back into the product). Then add Warner Bros licensing percantages, our salaries, equipment cost, rent for office and storage, PayPal and credit card fees, accountancy fees, website (build, maintenance and hosting), bank fees, R&D and other overhead and you'll see why no other company in the world is able to make this work. You cannot be in it for the money.

Also, as you can see I did not mention Retail, wholesale and marketing cost, because there is no room for that. Also no exhibition costs like nice big stands on Cons), because we cannot afford it. An average brick and mortar retail store selling collectibles will have a higher gross margin than we do and we do everything from design, to production to sales to supply chain and logistics and aftersales.

Awesome answer. The next post was probably going to be a request for a copy of your tax returns

Truth be told, your business is just that - your business. We’re all just thankful that you’re in it.

 

[JazzInc]

Awesome answer. The next post was probably going to be a request for a copy of your tax returns

Truth be told, your business is just that - your business. We’re all just thankful that you’re in it.

I was wondering about that as well, but since we have the most efficient and low cost setup in the industry where an unheard amount goes back into products for the customers, I am happy to open my books. No-one else will.

I really welcome those questions and comparisons, because people need to understand that even though we charge more, we earn (MUCH) less. Other companies in the collectibles (or other industries) have to keep so much more margin for greater overhead, margin to share with wholesalers and retailers, as well as marketing budgets, the amount of your dollars they can use for your products is much less, both in absolutes as well as relative percentages.

BTW, I believe you can even find our annual reports somewhere on the Dutch Chamber of Commerce, so you can verify what I am saying for yourself. Again, if what we're doing was such a lucrative business more companies would be doing it (both licensed and illegal, like you see in the figures business)

And while we're at it, let's address one of my pet peeves. People say our batmobiles are three times the price of Hot Toys. That is just not true. The Hot Toys goes for anywhere between $750 to $950 depending on the retailer, so our $1499 is not three times that amount. And counting the shipping cost is irrelevant as it gives me no extra budget to work with. That's just what Fedex Charges.

Indeed, taking the 1989 as an example, since our unit is over 11% larger in all dimensions, that increases cost by a factor of 1,112 to the third power, which yields a cost increase factor of 1,375. Take the Hot Toys lowest price of $720 and multiply it by that factor, you're already at $990. That only accounts for the size difference. Then add all our extra features and take into account that they have 10x the economies of scale and then you're comparing apples to apples.

 

[DiFabio]

I’ve bought the Batwing, Batsignal and I’m paying for the ‘89 Batmobile and it’s never even crossed my mind to compare these vehicles and diorama pieces to what ordinary companies are producing. They’re in a different league, often bigger and more complex than what most 1/6 companies are willing to do. With all the work and passion that goes into the JazzInc collectibles, I don’t think twice about what I’m paying. The only question is, can I swing it.

I scoff at a Hot Toys figure like Robocop 3 that is $400 out of the gate, or $350 for a basic Maguire Spider-Man or Dafoe Green Goblin because their is no effort or passion or craftsmanship behind them. I think those prices for a lone figure are ridiculous. A $1,500 Batmobile with all the bells and whistles and a passion project among the team that makes ME feel like I’m a part of it. It’s apples and oranges.

When I see a company out of the gate asking a whopping $1800 for this,

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I know that the Batmobile is a “good deal” and that I’m getting what I pay for.

 

[Freakazoid!]

Anyone else have issues with the manual monthly SEPA payments. Through the website Stripe takes about a week to process, so I accidentally transfered two payments in one month, because I thought it didn't take the first time.

 

[Nick D]

Anyone else have issues with the manual monthly SEPA payments. Through the website Stripe takes about a week to process, so I accidentally transfered two payments in one month, because I thought it didn't take the first time.

Don’t wait for the payment date would be my suggestion, you can pay little bits multiple times. I sent him $20 bucks like 4x in a single day, it’s the best use of a payment plan system I’ve seen. Instead of waiting till the 4th of every month for instance for the monthly $200 charge, just shoot him some quick cash throughout the month until that month is paid off in advance.

 

[Rondesmo]

Pics of the box.

 

[jinkazama]

Pics of the box.

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[The Buffinator]

Pics of the box.

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As this is licensed now I get that Jazzinc is required to have box artwork that will meet DC/WB requirements, but I can't help wondering what additional feature(s) we could have gotten if this just came in a boring cardboard box. No matter how nice the boxes look, 99% of them are still just going to end up in either storage or a landfill lol.

 

[Rondesmo]

Personally, the box is part of the joy when it comes the moment of unboxing.
I like look at it. The box itself tells you a story. Like a record sleeve or movie poster IMO.

 

[warlock664]

As this is licensed now I get that Jazzinc is required to have box artwork that will meet DC/WB requirements, but I can't help wondering what additional feature(s) we could have gotten if this just came in a boring cardboard box. No matter how nice the boxes look, 99% of them are still just going to end up in either storage or a landfill lol.

I can’t imagine the cost of a printed box would add much of anything to the actual product.
But the box to me adds something to the overall “wow” factor of the product inside.

 

[BigWayne]

I appreciate that Joost continues to give back when he doesn’t have to. That money could have easily just been counted as profit and we would have been none the wiser. Instead, it was important to him to do one more improvement.

Thanks @JazzInc !

 

[The Buffinator]

I can’t imagine the cost of a printed box would add much of anything to the actual product.
But the box to me adds something to the overall “wow” factor of the product inside.

Yeah probably not and while I agree the box art is cool and very nicely executed, at the end of the day (for me) its "wow" factor will only last for the few seconds it takes to open it and see the actual vehicle. After that it'll quickly go back inside the cardboard shipper and then end up in the rafters of my garage with the boxes for my 3 other 1/6 scale batmobiles. Maybe your situation is different but I don't have the room in my living space for any 4' x 2' x 1.5' boxes. Accommodating the vehicles themselves is challenge enough lol.

I appreciate that Joost continues to give back when he doesn’t have to. That money could have easily just been counted as profit and we would have been none the wiser. Instead, it was important to him to do one more improvement.

Thanks @JazzInc !

Hey, I'm one of Joost's biggest fans and agree that he's always trying to give us as much as possible for the price (he's obviously not in it for the money), but in this case I don't consider creating box art that he's probably contractually obligated to create as a product "improvement". Plus the box art was always going to be high quality as that's how Joost approaches everything he makes. He now has a reputation for excellence, so continuing to deliver at that level doesn't qualify as an improvement.

 

[Captain Clown]

How do the “batches” work with JazzInc? If you pay off a preorder in full, is there potential for it to be moved to one of the earlier batches?

This is my first time ordering with them.

 

[warlock664]

How do the “batches” work with JazzInc? If you pay off a preorder in full, is there potential for it to be moved to one of the earlier batches?

This is my first time ordering with them.

Yes.
I was able to move up into an earlier batch by paying off my Batwing.
IIRC, they contacted me via email to give me that option, I assume due to either cancellations or earlier batch customers needing more time to make payments.