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11-02-2008, 11:26 AM | #11 |
Hog Driver
Join Date: Aug 2008
Location: Georgia
Posts: 12,236
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I always thought there was this GI Joe tree and little old chinese ladies had to climb ladders to pluck and place them in their baskets. And then the evil overlord uses the little old ladies as toy mules to smuggle them across the border where they're sold for $8 a pop to the needy and afflicted. But since they're too big to be swallowed, the toys have to be inserted like suppositories and so many a poor peasant has been caught in the middle of the night, after treking miles through hostile terrain, with waves eight, nine and sometimes ten stuck up their asses. And wars are waged to stop toy trafficking but it's a global addiction and people can't stop consuming...it's madness I tell you...sheer madness! Okay, time for my medication.
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11-02-2008, 12:00 PM | #12 |
#voteblackjack
Join Date: Sep 2008
Location: Northwood, NH
Posts: 35,747
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If the Hasbro in-house store sells 'em for $3, then to make a figure is probably arond $2.50 or so. The in-house stores usually sell them at-cost (what it costs to make) or a little above.
So about $2.50 to $3.00 a figure to make. Sells to big stores for $5.00, so looking at a $2.00 to $2.50 profit a figure. My local Wal-Mart/Target sells for $6.84, so that store is making about a $1.84 profit a figure. Now, that's the stores. Let's look at what the internet stores make for profits.... Let's not.. that's a little scary, since a $5.00 figure they sometimes sell for $7.99 to $9.99 and older ones can go for $12.99 and up... What about people selling on EBay, what kind of profit are they looking at?? So yeah, Hasbro/Target/Wal-Mart may be making a profit of $2.00 or so a figure, but the aftermarket is making alot more then that...
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11-02-2008, 12:14 PM | #13 |
Dremel Happy!
Join Date: Jul 2008
Location: Tukwila WA
Posts: 2,051
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When I worked retail doing stock ordering, we got most things for 60% of retail, and we were a small store in comparison. So if they got them for around $3-3.50 I would not be suprized....
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11-02-2008, 12:46 PM | #14 |
Hisstank Ninja
Join Date: Sep 2007
Location: Mint on Card
Posts: 8,956
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Quote:
Now, that's the stores. Let's look at what the internet stores make for profits....
Let's not.. that's a little scary, since a $5.00 figure they sometimes sell for $7.99 to $9.99 and older ones can go for $12.99 and up... What about people selling on EBay, what kind of profit are they looking at?? So yeah, Hasbro/Target/Wal-Mart may be making a profit of $2.00 or so a figure, but the aftermarket is making alot more then that... So overall, the Targets/WalMarts are doing better making a slimmer profit margin per item because they're selling a ton of figures. The little guy can charge twice as much and still not make as much return. Also, don't forget, the comic shop/ebay/online store guys are probably buying through Diamond or some other middle-man, and likely pay a bit more than Target/WalMart.
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11-02-2008, 01:02 PM | #15 |
Crimson Guard
Join Date: Nov 2007
Location: WI
Posts: 1,565
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Don't forget to include R&D, sculpting, prototyping, engineering, mold testing, paint testing, press set up fees, etc...
To also answer an earlier question. The figures are put together by people. It may be somewhat like an assembly line though. There may be somebody that only puts the head on or the right arm on etc... But they would probably have a large bin full of the figures that they would then pass on to the next person. A few years ago during the rerelease of the Micronauts figures by Palisades, we got a pretty nice look at the process during assembly (in China). For all that is involved in these things, it's amazing to me that we can get them for so little money. And then when you look at some thing like Transformers... those are a steal for Classics at like 10 bucks a piece... |
11-02-2008, 01:10 PM | #16 |
Banned
Join Date: Oct 2008
Location: ?????????
Posts: 4,540
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prolly a buck or 2...
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11-02-2008, 01:10 PM | #17 |
Paranoid Schizophrenic
Join Date: May 2008
Location: Florida
Posts: 6,515
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(I can imagine the commercial)
Paying a 7 year old Chinese boy a day in the factory.... $.55; Paying for paint and saving money by using questionable chinese paint $.15; Saving $$$ by re-using existing molds $0 (Free) Cost of packaging/shipping per figure $ .85 Ability to resell the same crap over and over for $8 on a cost of $1.55 just by changing to new paint schemes... PRICELESS!!! For some things money just cannot afford. For the rest... there's HASBRO.
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11-02-2008, 01:12 PM | #18 |
Paranoid Schizophrenic
Join Date: May 2008
Location: Florida
Posts: 6,515
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[QUOTE=Tanksmasher;402381]I always thought there was this GI Joe tree and little old chinese ladies had to climb ladders to pluck and place them in their baskets. And then the evil overlord uses the little old ladies as toy mules to smuggle them across the border where they're sold for $8 a pop to the needy and afflicted. But since they're too big to be swallowed, the toys have to be inserted like suppositories and so many a poor peasant has been caught in the middle of the night, after treking miles through hostile terrain, with waves eight, nine and sometimes ten stuck up their asses... QUOTE]
Well... you just solved the mystery of the bent cards being everywhere...
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DD's HISS TANK TOY STORE: Visit my B/S/T thread for all your GI JOE needs (and more). Shipping is ACTUAL and satisfaction is guaranteed. . . DD's FEEDBACK: |
11-02-2008, 01:15 PM | #19 |
#voteblackjack
Join Date: Sep 2008
Location: Northwood, NH
Posts: 35,747
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Quote:
Not necessarily. You forget, Target, WalMart, and Hasbro are huge companies with nationwide locations and high transaction volumes, so they need a much smaller profit margin per item to survive. Most online/LCB stores are one location with smaller transaction volume, so they need to generate more income per transaction to be even remotely profitable.
So overall, the Targets/WalMarts are doing better making a slimmer profit margin per item because they're selling a ton of figures. The little guy can charge twice as much and still not make as much return. Also, don't forget, the comic shop/ebay/online store guys are probably buying through Diamond or some other middle-man, and likely pay a bit more than Target/WalMart. Just was saying that on a per figure basis. Still think the "mark-up" on stuff sold online is still to high. Diamond, or other middle-men, get it for near or slightly above what Target/Wal-Mart would (Target & Wal-Mart probably get a substantial overall Hasbro discount since they buy all of Hasbro's products and not just certain lines).
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11-02-2008, 01:21 PM | #20 |
Good times abound.
Join Date: Jan 2008
Location: Scott AFB, IL.
Posts: 1,339
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That's the price per unit without bulk discounts. Generally, those estimates are kept confidential, plus that does not include the mark-ups from the factory to hasbro, and hasbro to target.
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