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Post by: JWBS
Scenery +10% lolwtff
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Post by: Overread
*Braces for the rage of nerds and salt*
I have to say metal going up by 20% really highlights how GW needs to perhaps put "design led" aside and put "just get stuff updated to plastic darn it" as their mantra for a bit.
Honestly I'm not shocked, I've seen firms raising prices and shipping prices have gone insane, esp for international post of any kind.
Plus I'd wager that what's hitting GW right now is the doubling (and more) of electric prices which has got to hit their factory hard in terms of operating costs. Though that's one cost that's hoped to go down in the future, its very uncertain if or when that might possibly happen. Automatically Appended Next Post:
Probably because its made overseas and has to be double shipped - once to the GW factory and then the second time out to customers (or out to the global market).
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Post by: Galas
Is their legal duty to keep shareholder's profits on the rise.
Nothing to see here.
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Post by: JWBS
Explains the £170 price tag that should have been £150 on the new Necromunda terrain bundle.
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Post by: Geifer
Overread wrote:I have to say metal going up by 20% really highlights how GW needs to perhaps put "design led" aside and put "just get stuff updated to plastic darn it" as their mantra for a bit.
If it wasn't likely a systematic problem that runs rampant at every level at GW HQ, yes, a product manager that puts a foot down and makes the designers do their fething job would be a good idea.
JWBS wrote:Explains the £170 price tag that should have been £150 on the new Necromunda terrain bundle.
It certainly makes the discount seem better, if for all the wrong reasons.
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Post by: kurhanik
That makes it 1 year in the past 4 that hasn't had a price hike. For those who haven't been counting, 2019 had a huge pricehike across the board, 2020 had another one that ranged from tiny (Cadians went up 1$, but had gone up 6$ the previous year...) to large (Ogres went from 40$ to 48$). I suppose at least this time around we know what the increases are, and that it is across the board flat.
Funny talking about costs, inflation, etc, when wasn't there just a thread showing how GW was raking in cash hand over fist and could easily absorb any increased costs while barely batting an eye.
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Post by: Galas
kurhanik wrote:That makes it 1 year in the past 4 that hasn't had a price hike. For those who haven't been counting, 2019 had a huge pricehike across the board, 2020 had another one that ranged from tiny (Cadians went up 1$, but had gone up 6$ the previous year...) to large (Ogres went from 40$ to 48$). I suppose at least this time around we know what the increases are, and that it is across the board flat.
Funny talking about costs, inflation, etc, when wasn't there just a thread showing how GW was raking in cash hand over fist and could easily absorb any increased costs while barely batting an eye.
Yep.
I remember back in 2018 when they said: We are gonna put newer kits at higher prices to avoid doing general price increases.
Now we have both, higher newer kits and all the old stuff or even not that old stuff going up in price.
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Post by: Eldarsif
Galas wrote: kurhanik wrote:That makes it 1 year in the past 4 that hasn't had a price hike. For those who haven't been counting, 2019 had a huge pricehike across the board, 2020 had another one that ranged from tiny (Cadians went up 1$, but had gone up 6$ the previous year...) to large (Ogres went from 40$ to 48$). I suppose at least this time around we know what the increases are, and that it is across the board flat.
Funny talking about costs, inflation, etc, when wasn't there just a thread showing how GW was raking in cash hand over fist and could easily absorb any increased costs while barely batting an eye.
Yep.
I remember back in 2018 when they said: We are gonna put newer kits at higher prices to avoid doing general price increases.
Now we have both, higher newer kits and all the old stuff or even not that old stuff going up in price.
Shareholders can't live on good will alone. Think of the poor shareholders.
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Post by: Mad Doc Grotsnik
It’s…it’s almost as if there are economic forces well beyond their control.
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Post by: DaveC
Global inflation is running at 5.9% so it’s not surprising that they want to up prices on existing kits by at least 5% and as mentioned stuff made in China costs even more due to shipping and raw material costs. I wonder how new or old the kits getting price rises will be as they have been building price rises into new releases for awhile now.
At least the already over costed (on exchange rates) Australian and New Zealand prices aren’t going up.
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Post by: Olthannon
It sucks. The system sucks and I'd like to enjoy a hobby where I can pretend the things around don't suck quite as much.
It's just as well I'm a slow painter really, means I don't go buying much.
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Post by: Galas
I'm too european lefty to eat those spaguetti.
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Post by: Albertorius
Mad Doc Grotsnik wrote:https://www.warhammer-community.com/2022/02/09/important-pricing-news/?utm_source=facebook&utm_medium=social&utm_campaign=social&utm_content=pricingnews090222&fbclid=IwAR1uU_ysX4t-dpAr0IMsvl5zX-QSWDshMTQAd_4LKqW3U2RxlSMFjn_EyRQ
Bunch of stuff going up 5%. Bunch of stuff not going up at all. Doesn’t apply to following currencies.
Australia dollar
New Zealand dollar
Japan yen
China RMB
What a surprise.
Not.
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Post by: kurhanik
DaveC wrote:
At least the already over costed (on exchange rates) Australian and New Zealand prices aren’t going up.
That is nice, but doesn't factor in that almost *every* one of their exchange rates are over costed.
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Post by: Albertorius
Yeah, because their margins are so tiny.
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Post by: JWBS
I must imagine there's no chance that Combat Patrols (& AoS equivalent) and boxed games will escape the 5% hike.
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Post by: lord_blackfang
Of course production costs doubling from 2 cents a sprue to 4 cents a sprue warrants a 5€ price hike.
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Post by: Wha-Mu-077
Nooo! Think of the shareholderinoes! Without this price hike, their profit margins could've fallen from 500% to 499% (instead of rising)! Oh the inhumanity!
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Post by: tneva82
lord_blackfang wrote:Of course production costs doubling from 2 cents a sprue to 4 cents a sprue warrants a 5€ price hike.
It's as if cost of box included more than just plastic. Weird thought.
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Post by: Segersgia
If I can see one positive out of this, it is the announcement itself.
Didn't we want them to be more upfront about stuff like this? I can't recall them ever giving us a heads-up announcement about price-increases.
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Post by: zedmeister
Segersgia wrote:If I can see one positive out of this, it is the announcement itself.
Didn't we want them to be more upfront about stuff like this? I can't recall them ever giving us a heads-up announcement about price-increases.
And, just in case anyone thinks they're being in any way generous with this annoucement, they did say:
We’re writing now because we wanted to give you as much notice as we can so þat you can take advantage of þe current prices.
Which, in other words, means shut up and buy.
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Post by: Albertorius
Segersgia wrote:If I can see one positive out of this, it is the announcement itself.
Didn't we want them to be more upfront about stuff like this? I can't recall them ever giving us a heads-up announcement about price-increases.
They have almost always given a heads up. Something like this, about half a month in advance, most of the time. Back when I was a redshirt the heads-up was a bit longer.
Automatically Appended Next Post:
tneva82 wrote: lord_blackfang wrote:Of course production costs doubling from 2 cents a sprue to 4 cents a sprue warrants a 5€ price hike.
It's as if cost of box included more than just plastic. Weird thought.
Yes. Because production costs are so big a part on the end price.
EDIT: Wow, 20% extra on the Blood Bowl Teams and "some other stuff" ( IIRC those have already gone up a couple times, right?). Guessing probably Necromunda gangs too.
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Post by: Gert
Really living in those sunlit uplands now...
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Post by: Inquisitor Gideon
Meh, that's life. More concerned about energy bills doubling than a couple of quid on kits.
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Post by: krijthebold
Books are going up 10% too, it looks like.
Blah, is what I say.
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Post by: Albertorius
Difference is that a) everything we're talking here is non-subsistence stuff, so mixing things up is not really for the best, b) energy bills doubling make these changes more unbearable, not less and c)... the energy bill will eventually go down. GW prices, not so much.
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Post by: Shadow Walker
Albertorius wrote:
Difference is that a) everything we're talking here is non-subsistence stuff, so mixing things up is not really for the best, b) energy bills doubling make these changes more unbearable, not less and c)... the energy bill will eventually go down. GW prices, not so much.
This!
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Post by: H.B.M.C.
I'm sure one the issues with power prices and the shipping and supply issues are resolved GW will naturally bring the prices back down to pre-pandemic levels. Right? And, cmon guys, they have a Facebook page now. #NuGW! Haven't GW been doing really well in the pandemic era? Like we needed another reason not to buy printed 40k material.
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Post by: Mad Doc Grotsnik
Costs are still escalating. U.K. power costs alone are up 54%.
Yaaaaaay Brexit.
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Post by: Skinnereal
They're probably thinking to the end of the pandemic, when all of the new players stop buying.
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Post by: Pacific
Needs a GW prefix in the title, other games are available!
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Post by: lord_blackfang
So are here in Slovenia and we're practically self sufficient, so it's an undeniable fact that at least in our case it's pure corporate greed, just hiking prices because everyone else is.
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Post by: The Phazer
H.B.M.C. wrote:I'm sure one the issues with power prices and the shipping and supply issues are resolved GW will naturally bring the prices back down to pre-pandemic levels. Right?
This isn't just pandemic related. It is difficult to see how that might happen. Inflation will level off eventually, but ultimately global supply chain logistics hit a wall five years early due to Covid, but the wall was still there.
(And Brexit and the potential for war in the Ukraine are cause a lot of economic long term economic pressures. Energy prices in the UK are never returning to their previous levels, the UK has simply underinvested for forty years and is going to suffer the consequences of that).
It is stupid hoping a business will accept a reduction in margin to avoid inflationary pressures. That's literally not what a company is supposed to do. You want to overthrow global capitalism then knock yourself right out, but there's not much point complaining about one specific company taking a pretty normal action until you succeed at it.
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Post by: Albertorius
The Phazer wrote:It is stupid hoping a business will accept a reduction in margin to avoid inflationary pressures. That's literally not what a company is supposed to do. You want to overthrow global capitalism then knock yourself right out, but there's not much point complaining about one specific company taking a pretty normal action until you succeed at it.
Sure, they won't do it willingly. They'll do it if sales go down. Same as restaurants won't hire at certain hourly wages... unless they can't fill positions. Then they will.
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Post by: The Phazer
lord_blackfang wrote:
So are here in Slovenia and we're practically self sufficient, so it's an undeniable fact that at least in our case it's pure corporate greed, just hiking prices because everyone else is.
Self sufficiency is irrelevant economically if you can export the energy more profitably it will still drive price increases.
Heck, Kazakhstan is self sufficient and it's government basically imploded for the same reason.
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Post by: GaroRobe
I feel like one of the driving forces behind the metal increase is because stand alone metal models typically are cheaper than new plastic ones. So they want to make more money.
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Post by: Oguhmek
Not unexpected, but sad to see regardless.
Shame about scenery going up 10%, as this is already pretty damn expensive. Maybe this year I will finally get around to getting that 3D printer.
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Post by: Sunno
People are talking about GW prices like they have a god given right to be able to afford plastic models which are, at the end of the day, strictly a 1st world luxury item.
GW and other companies will charge what they can get away with. If you can't afford it or think its too much, dont buy it. If sales drop off, a company will need to reassess their approach.
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Post by: Geifer
Skinnereal wrote:They're probably thinking to the end of the pandemic, when all of the new players stop buying.
I haven't closely followed the last financial report, so I may be off here, but it seems to me that they had to announce increased operating costs that affected their profits after the continuous increases over the last years and a healthy price rise is their way of reassuring shareholders. I could see it being a quick fix with no regard for the long term like the end of the pandemic, shipping issues or their actual ability to keep operating at lower profit. GW has reached its peak during the pandemic and done really well for itself, and now they're trying to ride the wave for as long as they can.
Also I believe February or thereabouts has been the time for GW's price increases lately, so in part it's no more than business as usual.
Pacific wrote:Needs a GW prefix in the title, other games are available!
Are you sure? If you see "price increase" as a thread title on a wargaming forum and your first thought isn't GW, you're doing toy soldiers wrong.
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Post by: Chikout
I'm relieved to see Japan's prices aren't going up. Inflation here was actually negative last year, and has been around 0.5% since 1995. That means that every time gw prices increase the impact is greater here.
This has led Japan to be the most expensive place in the world to buy gw minis. The price increases elsewhere just narrows the gap.
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Post by: NAVARRO
Right, this does not affect me or my stipulated budget which is still the same.
Basically if I want a model and if it fits within my budget fine, if it doesn't I will not buy it. Pretty simple maths and will not increase my budget regardless of GW announcements.
Its at the end of the day their loss not mine.
This Christmas was getting difficult to find cheap pick up things for the sake of it bellow the £20ish mark and next year probably 25ish and so on and on. Buy less or not buy at all seems the most positive thing coming from this because I really dont need more plastic TBH.
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Post by: lord_blackfang
The vultures are circling!
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Post by: bullyboy
So when all the distribution returns to normal and the price of goods fall, the prices will come down right GW........right????
It's no real loss, I've already cut down on buying their stuff this year. Too much existing to pain anyway.
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Post by: tauist
Resin prices going up another 10%? Not thrilled.
Just saying, these perpetual prices hikes is making it nearly impossible to justify any "impulse buys" going forward. You might think you are increasing your profits, but you are forcing people to buy less. Unless GW is thinking of establishing a sort of installment payment option for their plasticrack, this will end up making them less money, not more..
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Post by: Galas
Sunno wrote:People are talking about GW prices like they have a god given right to be able to afford plastic models which are, at the end of the day, strictly a 1st world luxury item.
GW and other companies will charge what they can get away with. If you can't afford it or think its too much, dont buy it. If sales drop off, a company will need to reassess their approach.
So what. Can't I as a customer complaint about their policies or what?
Removed - rule #1 please
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Post by: ProfSrlojohn
See, this just proves to me that they're shooting for saturation.
Notice how Australia is excluded. Now, from my understanding in Australia 40k growth has flatlined, (unsure about the other games) they've reached the point where the customer will not pay any more without losing customers.
Similar story with china and Japan, but that's moreso because warhammer (all sorts) has always struggled there, as opposed to reaching saturation. Can't afford to begin price hikes yet.
But britain? Europe? US/canada? They've not reached it yet so they're going to keep going. Keep going until we put our foot down.
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Post by: Dudeface
Galas wrote:Sunno wrote:People are talking about GW prices like they have a god given right to be able to afford plastic models which are, at the end of the day, strictly a 1st world luxury item.
GW and other companies will charge what they can get away with. If you can't afford it or think its too much, dont buy it. If sales drop off, a company will need to reassess their approach.
So what. Can't I as a customer complaint about their policies or what?
I think you can complain, the message was simply it'll happen regardless and until they hit the point the prices aren't sustainable, it'll continue. Even if you're not happy about it and complain.
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Post by: Semper
As a share holder myself, i'd rather they just keep the prices down than inflate profits with higher consumer costs though there are market forces at play.
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Post by: Turnip Jedi
blah evil munny grabbers, servants of the dank powers,...wait not Paint ? As you were
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Post by: DaveC
Some selected price rises
AoS Extremis £105 -> £110
40K Command edition £105 -> £110
Warcry Red Harvest £130 -> £135
AoS Fury of The Deep £105 -> £115
40K Eldritch Omens £125 -> £130
Necromunda Hive War £90 -> £100
Bloodbowl 2nd Season £85 -> £95
Dungeonbowl £95 -> £105
Codexes £17.50 -> £19
Codexes/Battletomes £25 -> £27.50
Codexes/Battletomes £30 -> £32.50
Other books £20 -> £22
Other books £15 -> £17
Other books £28 -> £30
Other books £35 -> £37.50
Books £40 -> £42.50
Underworlds warbands £25 -> £26
AoS/40K Start Collecting £55 -> £57.50
AoS/40K Start Collecting £60 -> £65
Combat Patrol £85 -> £90
Necromunda gang £26 -> £28
Warcry Warbands £30 -> £32.50
Zone Mortalis kits go up £5 each
Underhive sector £170 -> £190
Bloodbowl team £26 -> £31.50
Characters £18.50 -> £19
Characters £20 -> £21
Characters £22.50 - > £24
Characters £25 -> £26
Dice sets £20 -> £24
Some of the unreleased Warcry sets from this weekend go up £1 already!
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Post by: Dudeface
Ignore me, I self-owned.
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Post by: Albertorius
Turnip Jedi wrote:blah evil munny grabbers, servants of the dank powers,...wait not Paint ? As you were
Cuando las barbas de tu vecino veas cortar, pon las tuyas a remojar
An english equivalent could be to see the writing on the wall.
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Post by: Chopstick
60 USD for duplicate sprue blood bowl team? No thanks
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Post by: Vorian
The more interesting bit than the obvious requirement to increase prices in these times of large inflationary pressure, is the freezing of some international prices.
Tacit acknowledgment that their historic exchange rates were harming them there and they have allowed them to lower.
This was always the only way those regions would get sort of "price decreases".
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Post by: JWBS
This is a very high IQ take, given that the 54% figure given is a prediction of EU wide energy cost increases.
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Post by: PoorGravitasHandling
This reinforces the current, “3d printer goes Brrrrrr” sentiment for terrain. Plenty of well designed free stuff and then there’s very polished projects like Stellar Artisans.
The Ender 3 v2 is a $300 outlay and you’ll probably spend two weeks tinkering with settings and Cura for tree supports. Then it’s $22/kg of plastic divided by the weight of the piece you’re printing (usually for a big H ruin it’s ~600g, so ~$13.20). This in comparison to between $50 and $90 for various sized terrain pieces from GW that have the same (or less) ornamentation as the Stellar Artisans work ($80 to purchase 8 stl sets post kickstarter).
The minute someone makes resin printing foolproof and reasonably cheap (self leveling bed, easy to replace components, simple means to piping fumes out a window vent) this’ll go sideways.
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Post by: stonehorse
To be honest, I am surprised that GW have waited this long to increase their prices, would have thought that they'd have jumped at the first opportunity to raise their (already inflated prices).
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Post by: lord_blackfang
Zone Mortalis kits go up £5 each
Underhive sector £170 -> £190
I have no words, the Sector barely has 4 kits worth of stuff in it, so content goes up by 20, price goes up by 20, relative savings go down from an already modest 15ish %
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Post by: GiToRaZor
While I personally hate every price increase that happens and already am rather inclined to say that I will not buy any additional models, I am going to point out the sad horrible truth to everyone now:
GW miniatures/publications are probably still undervalued by about 25-50%.
The reason is simple: Even if they would raise their prices today by 25%. Nothing really would change. Yes the boards would be filled with a shitstorm. People would yell and scream and whatnot. But they would still buy the miniatures. Most people simply spend a budget on their hobby. It doesn't matter what they get for that budget, they will still spend it. Some might change their hobby, but would more than 25% leave? Doubtedly. If I go through my own thought process how I really justify such a luxury purchase, then it comes down to:
time that I spend enjoying the activity times the rarity I have the chance to do this in my life devided by [moneys times time I spend with unpleasent activity because of it]
Face it, GW has a monopoly, that is rarity. The time in the hobby is: thinking and talking about my faction/models + assembling + painiting + playing games (probably the shortest amount by comparison). Unpleasent time is minimal as long as I have space and opportunity to store and work on my models.
It would take an absurd amount of money to bring this equation down to the factors I face with things like going to the cinema or eating in a restaurant with people.
That is the reason why so many people have multiple 5000+ points armies. Once you are in, this equation keeps pulling you in. And if the prices rise, then people would rather look at playing smaller games or change to killteam. The only real threshold that GW thinks about is new customer conversion. That is were such high prices would potentionally hurt them on the long run.
I know this, because I do this for a job. We catch a customer with big discounts or exclusivity and then we raise prices until we reach the point that more people drop out of our product than we can compensate with the additional margin that the ones that don't drop out generate. We are actually forced to do that, anything other would be liable against our shareholders.
The only reason I don't buy additional models is that my display is full and my pile of shame attrociously large. If I were done, the prices certainly wouldn't stop me at the moment. And I still catch myself thinking about buying a Knight, because it would look cool. Sad horrible truth.
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Post by: Albertorius
GiToRaZor wrote:
GW miniatures/publications are probably still undervalued by about 25-50%.
You're not talking about "value" there. You're talking about "what they could get away with".
And that will very much vary from customer to customer. The important metric there would be whether the people that keeps buying compensates for the people who stops doing so.
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Post by: Not Online!!!
K 3D printer setup it is, because unafordable prices are unafordable prices, for me atleast.
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Post by: Dudeface
Albertorius wrote: GiToRaZor wrote:
GW miniatures/publications are probably still undervalued by about 25-50%.
You're not talking about "value" there. You're talking about "what they could get away with".
And that will very much vary from customer to customer. The important metric there would be whether the people that keeps buying compensates for the people who stops doing so.
I'd wager a lot of people are willing to spend X amount every so often and will continue to do so, but X won't get them as much now.
I find the increase frustrating as it's too much for simply ignore it, but not so much it's a "wow I'm never getting that". They've run the perfect line for me sadly. 20% more at FW will kill that dead for me though. Automatically Appended Next Post: Not Online!!! wrote:K 3D printer setup it is, because unafordable prices are unafordable prices, for me atleast.
Is that 3d printer going to be less than what the 5% extra will amount to on your expenditure for say a year?
Yes, I know it'll be cheaper overall, just curious whether the 5% extra is enough to break the camels back and if so is it such a big amount that your savings will be that heavy.
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Post by: Not Online!!!
Dudeface wrote:
Automatically Appended Next Post:
Not Online!!! wrote:K 3D printer setup it is, because unafordable prices are unafordable prices, for me atleast.
Is that 3d printer going to be less than what the 5% extra will amount to on your expenditure for say a year?
Yes, I know it'll be cheaper overall, just curious whether the 5% extra is enough to break the camels back and if so is it such a big amount that your savings will be that heavy.
Well, it depends realistically and sure i was a tad hyperbolic, but i spend on average a year maybee 500-750 CHF on the hobby. (and am prone to convert and search for alternatives/ avoid blatant cashgrab units like certain elite units and buy mostly via boxes like SC or combat patrolls)
I allready could've bought with that ammount of money a printing set up, asuming i proceed with my "theme" army approach which is about 1-2 years per army a prnter has amortised itself with resin costs in 1.5 years.
Yep. handkerchief maths for me already, because CHF currency exchange rates are magic exchange rates except with a hard currency, make it more profitable to get a 3d printer setup, including wash machine.
(an ok 3d printer is about 350-400 CHF, washstation about 150-300 and resin about 50 / L.)
F.e. the new box price without discount from the FLG's is 179 CHF, which is 143 £ or 193 and change $
eldritch omens in pound is 125
And that is a favourable exchange rate, some stuff like the new Abadon is far more overpriced, so we basically play and pay for price roulette over here.
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Post by: Skinnereal
And a printer prints more than just models.
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Post by: Gert
Sounds like money laundering to me...
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Post by: Not Online!!!
That is just bonus to me, with a liter resin i on average can print more models than my forces tend to need, unless i seriously build that one ridicoulus planned out in 7th Horde R&H list which is basically 300 milita men that ammounted to 1050 pts.
Literally any other list i built / build will never come close to depleting that amount of resin.
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Post by: jojo_monkey_boy
This is all very interesting if you detach yourself emotionally from it.
I am incredibly curious what the threshold is for prices becoming too high. As others have suggested, they've already hit that point in Australia.
I pretty much exclusively buy things second hand now and recently purchased a 3D printer, so I'm not sure how much this stuff impacts me. But I'm very curious to see how much GW can squeeze people for.
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Post by: Overread
Not Online!!! wrote:K 3D printer setup it is, because unafordable prices are unafordable prices, for me atleast.
Guess what else has gone up in price over the last year and is set to continue rising (and is often out of stock for ages)
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Post by: Not Online!!!
Overread wrote:Not Online!!! wrote:K 3D printer setup it is, because unafordable prices are unafordable prices, for me atleast.
Guess what else has gone up in price over the last year and is set to continue rising (and is often out of stock for ages)
locally seemingly not.Alas i don't live in brexit land.
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Post by: GrosseSax
Looking for printer recommendations.
Thanks.
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Post by: lord_blackfang
For minis, literally anything with a monochrome screen is fine, like a Mars 2, Photon Mono, Creality Halot One, Phrozen Sonic Mini 4k, or any higher grade machine of the same brands.
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Post by: NAVARRO
jojo_monkey_boy wrote:This is all very interesting if you detach yourself emotionally from it.
I am incredibly curious what the threshold is for prices becoming too high. As others have suggested, they've already hit that point in Australia.
I pretty much exclusively buy things second hand now and recently purchased a 3D printer, so I'm not sure how much this stuff impacts me. But I'm very curious to see how much GW can squeeze people for.
Detach is the word. Like I detached myself from all rulesets and Limited box sets GW puts up these days and the more you detach the more you find that you and GW are walking in totally different directions, instead of alongside.
This happened years ago when saturation levels where high and then New GW came up with start collecting, free rules and data sheets for AoS etc etc.
The big difference now is the ridiculous pace of releases and new codex, rules, gang books etc. Gaming shenanigans after a couple years with no gaming because of covid does not motivate anyone.
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Post by: The_Real_Chris
It is increasingly risky ground for them. Either keep the dividend high or reduce - but a lot of that has been sales growth. In the UK we are about to start being clobbered with our steadily eroding purchasing power due to Brexit, the same problems everyone else is having, the legacy of underinvestment in stuff like energy and inflation on often stagnant wages. Yes there are more savings than normal, but while that could be seen as money there for the taking, if 3d prints get more visibility that could be money that gets diverted to that, and once you print you won't go back to the same level of purchasing.
If I had shares I would be watching like a hawk and seeing what customer behaviour starts to do. Automatically Appended Next Post: NAVARRO wrote:
The big difference now is the ridiculous pace of releases and new codex, rules, gang books etc. Gaming shenanigans after a couple years with no gaming because of covid does not motivate anyone.
I suspect a lot of us have built up big backlogs, I wonder how that will impact stuff?
I am basically thinking of dumping most of my 40k and focusing GW wise on my SG stuff.
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Post by: Arbitrator
I always figured the average GW fan was a 20-40 something single, middle-class guy working in IT with decent financial stability and not those who'd otherwise be pushed out by energy/food/bill rises. What teens are entering the hobby probably have wealthy enough parents happy to keep paying for it if they didn't do a 180 as soon as seeing how much a box of toy soldiers costs. The amount of people being priced out is likely minimal and the majority will either begrudgingly or be fine with eating the increase to cover numbers priced out.
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Post by: lord_blackfang
60 Victrix historical dudes are £22, just saying.
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Post by: Albertorius
jojo_monkey_boy wrote:This is all very interesting if you detach yourself emotionally from it.
I am incredibly curious what the threshold is for prices becoming too high. As others have suggested, they've already hit that point in Australia.
I pretty much exclusively buy things second hand now and recently purchased a 3D printer, so I'm not sure how much this stuff impacts me. But I'm very curious to see how much GW can squeeze people for.
I have three 3d printers at home now, two resin and an fdm. I haven't really bought anything GW since... hm. Last I bought was a plastic Thunderhawk, and before that, the special edition box of 40k. Nothing else, and the THawk was really something of a whim. I'm using it to compare sizes with my resin ones xD.
Automatically Appended Next Post:
Arbitrator wrote:I always figured the average GW fan was a 20-40 something single, middle-class guy working in IT with decent financial stability and not those who'd otherwise be pushed out by energy/food/bill rises.
What teens are entering the hobby probably have wealthy enough parents happy to keep paying for it if they didn't do a 180 as soon as seeing how much a box of toy soldiers costs.
The amount of people being priced out is likely minimal and the majority will either begrudgingly or be fine with eating the increase to cover numbers priced out.
It's not really an issue of "being priced out". I work two jobs, I could easily pay whatever GW is asking.
But I won't. Because the amount they ask doesn't fit the value I perceive for it. And every time they raise prices, or choose an outrageous price point for something, there's even less stuff from GW that seems to be of value.
Meanwhile, I'm printing and painting a whole lot of stuff for a whole lot of different things. Like all of this for a tactical/ rpg campaign I'm prepping:
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Post by: Toofast
Sure but the thing is they've already raised their prices at well over the rate of inflation for 3 of the last 4 years. They were already "keeping up with inflation" probably 3-5 years ahead of time... Automatically Appended Next Post:
Good thing they're only $50 to start with and you only need like 7 to play any one game sys...wait a minute
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Post by: kodos
so because of high energy cost in Britain, books printed a year ago in China increase in price
yeah, everything totally related to the current situation
so I guess because of Brexit, High Energy Cost, Raw Material Shortage etc. we will see a quarterly price adjustment in addition to the standard yearly inflation adjustment while new boxes must be more expensive than the previous one to keep the status of a premium model company
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Post by: Dudeface
kodos wrote:so because of high energy cost in Britain, books printed a year ago in China increase in price
yeah, everything totally related to the current situation
so I guess because of Brexit, High Energy Cost, Raw Material Shortage etc. we will see a quarterly price adjustment in addition to the standard yearly inflation adjustment while new boxes must be more expensive than the previous one to keep the status of a premium model company
I don't really see what your point is? Their current operating costs are up, the tax year is coming to an end/ come to an end for GW, they're now making amendments to cover their increased overheads now. It doesn't matter what the books cost to print a year ago, it matters what it costs to distribute them now.
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Post by: Gregor Samsa
I can’t imagine buying GW print media even if they dropped the price by 25%. They released the custodes codex and then invalidated points in it, what, a week later?
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Post by: kodos
the point is simple, this price increase has nothing to do with anything of the current situation but is the normal increase we get just with a better excuse
if it would have anything to do with the distribution or changed cost, it would be for all costumers the same
and would not affect items already in stock at the local shops but just the new ones coming in
so this is the normal yearly GW price increase and maybe the adjustment for the changed cost comes in addition later this year
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Post by: Voss
A pound more for intercessors? Yeah, don't care that much.
10% flat increase on the already way-overpriced books and scenery? Extremely crappy, especially the way they're pushing the former like they're a 'boutique' bookstore rather than a miniatures company.
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Post by: Breotan
Well, I've already got my Blood Bowl teams so I won't be getting hit by that upcoming 20% markup.
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Post by: BobtheInquisitor
I stopped buying GW* years ago, and feel great. There are plenty of miniature ranges and game systems out there that provide just as much enjoyment or more for a fraction of the cost. I’m only surprised so many people still stick with GW with all of its negatives.
*I still get GW stuff in trades or at bring-and-buy events, where prices are not the issue.
Yeah. 3D printing is one option, but for me the explosion of affordable plastics is the best thing to happen to this hobby. I hope WGA releases their plastic Valkir (not-Space Marines) while these price hikes are still fresh in the gaming consciousness, because I want to see what happens when a company offers a good quality, plastic alternative at about half the cost per marine.
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Post by: NAVARRO
BobtheInquisitor wrote:I stopped buying GW* years ago, and feel great. There are plenty of miniature ranges and game systems out there that provide just as much enjoyment or more for a fraction of the cost. I’m only surprised so many people still stick with GW with all of its negatives.
*I still get GW stuff in trades or at bring-and-buy events, where prices are not the issue.
Yeah. 3D printing is one option, but for me the explosion of affordable plastics is the best thing to happen to this hobby. I hope WGA releases their plastic Valkir (not-Space Marines) while these price hikes are still fresh in the gaming consciousness, because I want to see what happens when a company offers a good quality, plastic alternative at about half the cost per marine.
Im thinking how good would be a high quality plastics based on Starcraft and warcraft
60 dudes for £22 is bonkers!
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Post by: MaleficentRuler
BobtheInquisitor wrote:
Yeah. 3D printing is one option, but for me the explosion of affordable plastics is the best thing to happen to this hobby. I hope WGA releases their plastic Valkir (not-Space Marines) while these price hikes are still fresh in the gaming consciousness, because I want to see what happens when a company offers a good quality, plastic alternative at about half the cost per marine.
I have to agree, my spending will be on cheaper product from else where not 3D printing.
I have a 3D printer, and it mainly gets used for scenery, I personally think that 3D printing still has a way to go before it can become as common as people seem to think it will,
print time, clean, cure, dealing with toxic chemicals/fumes, at the moment the downsides for me is just not worth it for army models. scenery however where its a one of piece now and then, its great for.
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Post by: krijthebold
Toofast wrote:
Good thing they're only $50 to start with and you only need like 7 to play any one game sys...wait a minute
I feel great about it! I do!
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Post by: ERJAK
Dudeface wrote: Albertorius wrote: GiToRaZor wrote: GW miniatures/publications are probably still undervalued by about 25-50%.
You're not talking about "value" there. You're talking about "what they could get away with". And that will very much vary from customer to customer. The important metric there would be whether the people that keeps buying compensates for the people who stops doing so. I'd wager a lot of people are willing to spend X amount every so often and will continue to do so, but X won't get them as much now. I find the increase frustrating as it's too much for simply ignore it, but not so much it's a "wow I'm never getting that". They've run the perfect line for me sadly. 20% more at FW will kill that dead for me though. Automatically Appended Next Post: Not Online!!! wrote:K 3D printer setup it is, because unafordable prices are unafordable prices, for me atleast. Is that 3d printer going to be less than what the 5% extra will amount to on your expenditure for say a year? Yes, I know it'll be cheaper overall, just curious whether the 5% extra is enough to break the camels back and if so is it such a big amount that your savings will be that heavy. The bolded sentence is very true. Most people who buy luxury goods have a pretty straightforward budget for said luxuries. Increasing pricing for them is simply reducing overall purchases. (Or causes them to seek replacement goods.) The only people whose spending increases are tournament players who require a specific combination of kits for specific reasons, and whales.
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Post by: scarletsquig
If you want scenery in any quantity, FDM 3D printer is an absolute no-brainer.
If you're patient and comfortable with a print taking 24 hours or so, 0.1mm layer height creates perfect detail on the print, rivaling a HIPS sprue kit for quality.
£170 or so will get you an Ender 3, and the cost of PLA has gone down now that supply problems have passed, around £10 a kg if bulk purchased.
I'm in the process of printing a full necromunda table for around £40, absolutely packed full of multilayer terrain and criss-crossing walkways. It's something you'd be looking at £500-£700 to recreate with the GW sets.
Printed miniatures are a while away from hitting mass adoption though, due to the toxicity and mess of resin, plus GW can more easily fire lawsuits in the direction of proxies. In that regard, they've got many more decades of their current business model to go.
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Post by: NAVARRO
Dont those 3d wonders have thousands of lines everywhere? I mean its all good people want to spend time and print to high quality but the services I watched that print things on demand either are freaking expensive or quality is dubious at best. Not interested in spending fortunes to clean ugly lines.
Terrain is easy to build if you really want some for cheap. Rare breed of scratchbuilters and terrain makers these days.
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Post by: Albertorius
lord_blackfang wrote:
For minis, literally anything with a monochrome screen is fine, like a Mars 2, Photon Mono, Creality Halot One, Phrozen Sonic Mini 4k, or any higher grade machine of the same brands.
Indeed. They're really simple machines, all in all.
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Post by: Overread
NAVARRO wrote:Dont those 3d wonders have thousands of lines everywhere? I mean its all good people want to spend time and print to high quality but the services I watched that print things on demand either are freaking expensive or quality is dubious at best. Not interested in spending fortunes to clean ugly lines.
Terrain is easy to build if you really want some for cheap. Rare breed of scratchbuilters and terrain makers these days.
Your modern 2K to 4K 3D resin printer prints with some layer lines visible but mostly only under camera or on a bad angle and they are easily cleaned up. 4K do really well on small build plates and the new 8K that are just coming out on small build plates are nearly totally invisible.
Suffice to say a LOT of the time you won't see the lines at all. You are likely thinking of FDM - the machines that print with a spool of material - which do tend to be a bit trickier to get smooth details out of; but you certainly can. However the liquid resin printers do a VERY Good job (heck GW uses them for masters - most of the painted models you see for box art are 3D printed)
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Post by: kodos
NAVARRO wrote:Dont those 3d wonders have thousands of lines everywhere?
not the resin printers, and yes good quality is expensive because of the time needed, which is not a thing if you do it on your own
we are far off that printing on demand is affordable, but buying a printer and spend the time on your own saves the cost
I rather go with cheap plastic from other companies as I don't need that much printed terrain or GW like models
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Post by: Albertorius
NAVARRO wrote:Dont those 3d wonders have thousands of lines everywhere? I mean its all good people want to spend time and print to high quality but the services I watched that print things on demand either are freaking expensive or quality is dubious at best. Not interested in spending fortunes to clean ugly lines.
Terrain is easy to build if you really want some for cheap. Rare breed of scratchbuilters and terrain makers these days.
Not really, no
(well, yes on the bases, but that's because I print them really fast and at 0.2 per layer ^^)
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Post by: privateer4hire
Hey, Boss. I’ve got the price increase draft lists ready.
Okay this looks great. Except pull the paint from getting a price rise. We may just be pushing our luck what with the competition coming out with very similar stuff at right around half the price.
If that stuff catches on big, it’ll be like customers 3D printing paint. We’ll keep prices the same until everyone has forgotten about the other guys stuff. Get someone working on renaming our colors we may need to relaunch, maybe with new bottles or something.
Also we’re already really soaking Australia, New Zealand, China and Japan. They get a pass this time. Make sure to make a big deal about their currencies not being affected. Heh, heh.
Throw in some stuff about material and energy costs going up recently and go ahead and post it.
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Post by: Dudeface
Albertorius wrote: NAVARRO wrote:Dont those 3d wonders have thousands of lines everywhere? I mean its all good people want to spend time and print to high quality but the services I watched that print things on demand either are freaking expensive or quality is dubious at best. Not interested in spending fortunes to clean ugly lines.
Terrain is easy to build if you really want some for cheap. Rare breed of scratchbuilters and terrain makers these days.
Not really, no
(well, yes on the bases, but that's because I print them really fast and at 0.2 per layer ^^)
You answered half the question, I've found that hired print services can be pricey for any level of quality. Often printed units run similar prices to GW if they're well done.
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Post by: Dread Master
Well, Geedubs have priced me out of the impulse buy. This will be good for me anyhow. Odds and ends from maybe two systems now? Neither of which will be 40k or AoS. It’ll save me money. Just can’t justify the prices any more, even as a collector and especially as a completionist.
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Post by: John Prins
How this affects me:
- Will order Sisters/Tau army books before the end of the month. This was planned anyways.
- Won't order Eldritch Omens. Was waffling b/c I want new Eldar and could do a small Chaos force, but now Chaos is straight out and all the new Eldar is going to be even more new-release expensive. Probably won't touch new Eldar unless a sweet Christmas box gets released.
- Won't order direct from GW unless absolutely 100% cannot get something I need somewhere else. I was mostly doing this but GW's free shipping sometimes made the difference on small orders.
- Was already planning on reduced purchases this year from GW anyways, though I did pick up some Christmas Battleforces as they were well suited to holes in my collections. Right now the only major temptation would be the new Horus Heresy box sets for beakies.
- Will work on non-GW projects more (Warlord, TTCombat) and the backlog of GW minis.
- Will probably work eBay/Kijiji/personal trading a bit more to save money.
- Won't buy a 3d printer b/c I like building models.
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Post by: Some_Call_Me_Tim
John Prins wrote:How this affects me:
- Will order Sisters/Tau army books before the end of the month. This was planned anyways.
- Won't order Eldritch Omens. Was waffling b/c I want new Eldar and could do a small Chaos force, but now Chaos is straight out and all the new Eldar is going to be even more new-release expensive. Probably won't touch new Eldar unless a sweet Christmas box gets released.
- Won't order direct from GW unless absolutely 100% cannot get something I need somewhere else. I was mostly doing this but GW's free shipping sometimes made the difference on small orders.
- Was already planning on reduced purchases this year from GW anyways, though I did pick up some Christmas Battleforces as they were well suited to holes in my collections. Right now the only major temptation would be the new Horus Heresy box sets for beakies.
- Will work on non- GW projects more (Warlord, TTCombat) and the backlog of GW minis.
- Will probably work eBay/Kijiji/personal trading a bit more to save money.
- Won't buy a 3d printer b/c I like building models.
To respond to your last point, digital kitbashing is pretty fun. I’ll download a few marine builders then use a program called mesh mixer that lets you mesh all the parts into whatever pose you want with it basically. Combine that with integrated rough sculpting tools and it’s basically what you can do basically with plastic stuff and a little more.
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Post by: lord_blackfang
On the flipside I like printing GW style multipart minis and do traditional assembly, for example Anvil Industries. Way easier to support too.
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Post by: Albertorius
Dudeface wrote: Albertorius wrote: NAVARRO wrote:Dont those 3d wonders have thousands of lines everywhere? I mean its all good people want to spend time and print to high quality but the services I watched that print things on demand either are freaking expensive or quality is dubious at best. Not interested in spending fortunes to clean ugly lines.
Terrain is easy to build if you really want some for cheap. Rare breed of scratchbuilters and terrain makers these days.
Not really, no
(well, yes on the bases, but that's because I print them really fast and at 0.2 per layer ^^)
You answered half the question, I've found that hired print services can be pricey for any level of quality. Often printed units run similar prices to GW if they're well done.
Well, the printer costs $200, and nowadays you get a liter of resin for like $30.
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Post by: catbarf
NAVARRO wrote:Dont those 3d wonders have thousands of lines everywhere? I mean its all good people want to spend time and print to high quality but the services I watched that print things on demand either are freaking expensive or quality is dubious at best. Not interested in spending fortunes to clean ugly lines.
Terrain is easy to build if you really want some for cheap. Rare breed of scratchbuilters and terrain makers these days.
I think some folks here missed that you were talking about terrain. Yeah, FDM printers will leave noticeable layer lines.
You can print terrain in resin and have no noticeable layer lines, but it's more expensive, slower, and much more constrained in volume. My $150 Photon S caps out at about the size of a Rhino for a single piece, and will take 8-24 hours to print it depending on layer height.
At this point I prefer to scratchbuild terrain or buy MDF. The minis themselves, as well as details to add to the terrain, are better suited to printing.
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Post by: Albertorius
You do know there's multipart resin printed models, right?
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Post by: BobtheInquisitor
NAVARRO wrote:Dont those 3d wonders have thousands of lines everywhere? I mean its all good people want to spend time and print to high quality but the services I watched that print things on demand either are freaking expensive or quality is dubious at best. Not interested in spending fortunes to clean ugly lines.
Terrain is easy to build if you really want some for cheap. Rare breed of scratchbuilters and terrain makers these days.
Generally, the lines are not an issue. Here is an image of plastic minis with 3D printed heads I got from McDougall Designs. They look great to me.
I’ve got a fleet of BFG ships printed in FDM, and the lines are sometimes noticeable. The ships I have received printed in resin do not show lines like that. And they cost so, so much less than the old metal models.
As for terrain…I will never give up making terrain from dollar store Christmas ornaments and gothic orange juice lids. Or at least planning terrain while hoarding those items.
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Post by: BigOscar
I mean, they already sell their stuff like 25% more than other retailers? So clearly they don't "need" to raise their prices as they are raking it in hand over fist.
I never buy anything direct from them, they are a rip off. I assume there are some parts of the world that don't have element games/alchemists workshop/wayland etc and are forced to buy from the hideously overpriced GW store, which sucks.
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Post by: BobtheInquisitor
Dudeface wrote: Albertorius wrote: NAVARRO wrote:Dont those 3d wonders have thousands of lines everywhere? I mean its all good people want to spend time and print to high quality but the services I watched that print things on demand either are freaking expensive or quality is dubious at best. Not interested in spending fortunes to clean ugly lines.
Terrain is easy to build if you really want some for cheap. Rare breed of scratchbuilters and terrain makers these days.
Not really, no
(well, yes on the bases, but that's because I print them really fast and at 0.2 per layer ^^)
You answered half the question, I've found that hired print services can be pricey for any level of quality. Often printed units run similar prices to GW if they're well done.
Where are you buying from? This is not my experience.
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Post by: yukishiro1
Just going to make people even less likely to actually buy GW terrain and books. The value for money on the books in particular is spectacularly bad.
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Post by: John Prins
Yes, I'm aware, and they seem like a wasted effort unless it's being done to save on resin for bigger models. I guess you reduce the amount of supports when you go that route too?
I've worked with plastic on sprue for 35+ years and I'm happy with it. I don't need another hobby, especially one where I get to wait 24+ hours for a print to finish and then find out I fethed up on scaling or the printer fethed up and I have to bin it and start over. I know people with 3d printers, they're having fun with them, but there's definitely a lot of trial and error going on there. I already have an airbrush to give me frustration.
That and finding space for another hobby appliance (or two) and the product of said appliance. At least boxes of sprue stack up nice and neat in the closet.
So cool hobby, but I don't want to deal with it.
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Post by: Albertorius
John Prins wrote:
Yes, I'm aware, and they seem like a wasted effort unless it's being done to save on resin for bigger models. I guess you reduce the amount of supports when you go that route too?
It's also pretty great for poseability, when the kits are just like they would be in plastics, and to help put the supports where the marks won't be visible after assembling.
But I've never had to wait 24+ hours for a print, you know, not even for scenery prints. The longest one I did in resin was a full Predator, which took about 7 hours. But to each their own.
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Post by: McDougall Designs
Dudeface wrote: Albertorius wrote: NAVARRO wrote:Dont those 3d wonders have thousands of lines everywhere? I mean its all good people want to spend time and print to high quality but the services I watched that print things on demand either are freaking expensive or quality is dubious at best. Not interested in spending fortunes to clean ugly lines.
Terrain is easy to build if you really want some for cheap. Rare breed of scratchbuilters and terrain makers these days.
Not really, no
(well, yes on the bases, but that's because I print them really fast and at 0.2 per layer ^^)
You answered half the question, I've found that hired print services can be pricey for any level of quality. Often printed units run similar prices to GW if they're well done.
Depends on where you shop. One of the reasons I've resisted expanding to etsy is that I would have to raise my prices due to all of the extra fee's that storefront charges.
As reference, 20 infantry sized 28mm 3D printed figures runs $35 USD on my webstore. a box of comparable gw plastic (lets say AoS infantry) regularly runs at 10 models for anywhere between $38 to $70 retail.
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Post by: lord_blackfang
Mad respect to anyone printing commericially. The labour is awful. I have my own machine and I'd gladly pay someone 5€ per plate just to wash and cure what I print for myself.
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Post by: Ouze
Albertorius wrote:But I've never had to wait 24+ hours for a print, you know, not even for scenery prints. The longest one I did in resin was a full Predator, which took about 7 hours. But to each their own.
The pedant in me requires I chime in.
My FDM printer churns out very cheap prints, and yes - very large prints can take a long time. I've had chunks of kaiju that take 3 days each. however, those are very large prints at the highest possible quality and it's an absolute edge case. If these guys are talking about a Predator size model in FDM at high quality, 24 hours is probably about right - they're not going to realize you specifically mean resin, I think.
FDM printers are perfect for terrain, and for some terrain, the layer lines actually enhance the model; I printed a Groot sideways that looked amazing. And like anything, you can dramatically reduce the layer lines with light sanding, using a high filler primer, and so on. But I'm not here to evangelize FDM printers - I don't think FDM is really appropriate for anything in warhams world other than terrain, or pretty crude proxies.
I have a Photon mono X, and my guys, that is where it is at. I can churn out a model the size of a Baneblade, have it look as good as injection modeled, it will take about 8 hours, and cost about $7 USD. The future is now, old man. The downsides are many and this is not really the right part of the forum for this, but I literally could not imagine buying models from Games Workshop anymore. $35 for 10 models? Insanity.
Although I guess it is cheaper than $45 for 10 Ork Boyz, lol.
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Post by: Dudeface
BobtheInquisitor wrote:Dudeface wrote: Albertorius wrote: NAVARRO wrote:Dont those 3d wonders have thousands of lines everywhere? I mean its all good people want to spend time and print to high quality but the services I watched that print things on demand either are freaking expensive or quality is dubious at best. Not interested in spending fortunes to clean ugly lines.
Terrain is easy to build if you really want some for cheap. Rare breed of scratchbuilters and terrain makers these days.
Not really, no
(well, yes on the bases, but that's because I print them really fast and at 0.2 per layer ^^)
You answered half the question, I've found that hired print services can be pricey for any level of quality. Often printed units run similar prices to GW if they're well done.
Where are you buying from? This is not my experience.
Etsy, shapeways and the odd ebay seller (although the ebayers have been fairly reasonable overall)
This might also be a regional thing, 3d printers are a little pricier over here, gw is a little cheaper comparatively etc.
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Post by: NAVARRO
Seems like my suspicions are confirmed and this is just me looking at it from a consumer client perspective.
For terrain which is the bit that took the biggest price hike I think GW knows very well that:
Alternatives are not there yet.
-MDF does not offer same detail.
-Resin in big sizes is expensive and breaks
-3d market still not there for many of us consumers with no interest in spending time and money on a printer. The Etsys and printing services on demand for terrain are expensive with no guarantees you will have sharp prints and have a back log.
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Post by: lord_blackfang
Dudeface wrote:
Etsy, shapeways and the odd ebay seller (although the ebayers have been fairly reasonable overall)
This might also be a regional thing, 3d printers are a little pricier over here, gw is a little cheaper comparatively etc.
Yea just forget about Shapeways. They use industrial grade machines and charge accordingly, except they're 10 years old and can't match a modern €200 home printer unless you get the triple deluxe stuff that costs more than gold.
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Post by: Ouze
Yah, Shapeways is big disappointing. I used them often many years ago and was thrilled with them then... but oh boy, did they quickly not become a valid solution. Ah, well.
Automatically Appended Next Post:
Correct.
In backwards order, yes - resin is brittle compared to plastic, absolutely correct.
Expensive - depends how you want to slice it. Resin printing absolutely has relatively expensive up front costs, but if compare printing Superheavies and Titans vs buying them from Forgeworld, it's rapidly going to become much, much cheaper.
NAVARRO wrote:-3d market still not there for many of us consumers with no interest in spending time and money on a printer. The Etsys and printing services on demand for terrain are expensive with no guarantees you will have sharp prints and have a back log.
Absolutely correct. It's expensive up front, you need to have access to a location where print safely, it's time consuming and requires learning a new skillset.
Ultimately, if you have those things, you can do cheaper prints, more variety, and infinite customization, but it is absolutely not for everyone yet. I still don't think it's a real competition for GWS for the average Jimmy Ultramarines in virtually any situation.
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Post by: Kid_Kyoto
Companies really need to realize their shareholder reports are public documents.
You don't get to brag about record profits in one outlet and the plead poverty in another one.
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Post by: kodos
Ouze wrote:Expensive - depends how you want to slice it. Resin printing absolutely has relatively expensive up front costs, but if compare printing Superheavies and Titans vs buying them from Forgeworld, it's rapidly going to become much, much cheaper.
which is a very important point in 3D printing, it is cheap compared to GW/ FW and you get better quality than on FW models, compared to other parts of wargaming/tabletop not so much and it really depends on your needs
printing a 28mm niche napoleonic faction no one is doing or only metal models are available, sure, doing french or british, not so much
same for terrain, having the detailed buildings for 28mm Waterloo will be time consuming and expensive compared to MDF which is doing the job, printing the same for 10mm is a different story
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Post by: BobtheInquisitor
Plastic Terrain is out there: Archon produces some great plastic terrain, as does Pegasus Hobbies, and then there’s Mantic, Perry/Renedra, Platformer (or whatever they are called now), with lots of PVC options from Bones, Wizkids, CMON (sometimes), and then you have the Medge terrain sprues that combine plastic terrain details with the savings of kitbashing shoeboxes and gutter joints.
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Post by: Ouze
I loooove Pegasus terrain. I have done some really cool kitbashing with their stuff and it's crazy cheap. I made this enormous cathedral and I think it probably cost less than 80 bucks in kits.
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Post by: privateer4hire
Kid_Kyoto wrote:Companies really need to realize their shareholder reports are public documents.
You don't get to brag about record profits in one outlet and the plead poverty in another one.
They know that they will be defended, even applauded for pretty much any action they take.
They could have posted record profits in their price rise announcement and folks would be there to say how great it is.
More importantly their income won’t suffer even if a percentage of people stop or lessen buying.
The increased prices help offset any potential quitters.
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Post by: H.B.M.C.
Have any of the other various game companies announced similar price hikes?
Kid_Kyoto wrote:Companies really need to realize their shareholder reports are public documents.
You don't get to brag about record profits in one outlet and the plead poverty in another one. Objection!
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Post by: angryboy2k
privateer4hire wrote: Kid_Kyoto wrote:Companies really need to realize their shareholder reports are public documents.
You don't get to brag about record profits in one outlet and the plead poverty in another one.
They know that they will be defended, even applauded for pretty much any action they take.
They could have posted record profits in their price rise announcement and folks would be there to say how great it is.
My favorite defenders are the people on Facebook who can't do basic math and think they aren't affected because they buy from discounters.
This sucks. Underworlds has already seen continuous hikes since the beginning of 2020, with warbands going from CAD$35 to $50 - plus tax (which runs 12% where I live). The starters went from $70 to $125, and while the current starter is exempt from an increase (since it was already built in!) I'm sure the next starter won't be.
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Post by: GrosseSax
H.B.M.C. wrote:Have any of the other various game companies announced similar price hikes?
Kid_Kyoto wrote:Companies really need to realize their shareholder reports are public documents.
You don't get to brag about record profits in one outlet and the plead poverty in another one. Objection!
This response might be entirely out of context as I'm too lazy to load and read the previous page, but Victoria recently jacked up the prices of her 10 man squads to 59.99 USD from 49.99 USD which unfortunately put the kibosh on my Tanith IG army.
I'm simply not willing to pay these prices.
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Post by: Thargrim
GW shouldn't be raising the prices on any kit that is one sprue duplicated. The whole point of the blood bowl teams being done that way was to reduce production and design costs and even any effort involved.
I think GW saw an opportunity here to gouge consumers at an opportunistic moment and just blame inflation.
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Post by: Mad Doc Grotsnik
Thargrim wrote:GW shouldn't be raising the prices on any kit that is one sprue duplicated. The whole point of the blood bowl teams being done that way was to reduce production and design costs and even any effort involved.
I think GW saw an opportunity here to gouge consumers at an opportunistic moment and just blame inflation.
Tell me you don’t understand pricing and that without telling me you don’t understand pricing and that?
The U.K. (where the majority of GW’s production is done) is in a ropey economic position right now. Inflation is up. Power prices are going through the roof.
And remember. Inflation is based on whatever The Office For National Statistics consider to be Household Staples. That of course does not include our plastic crack. Nor is any company by any means beholden to only raise prices in line with inflation.
The Consumer Price Index (by which inflation is judged) is not The Whole Of The Thing. I mean, let’s look at my Council Tax (a tax in the U.K. not linked to income, but to property values set around 1991). My Council Tax is waaaaaay above inflation. That directly affects my disposable income - yet doesn’t factor into the CPI, which again is the benchmark of inflation.
It’s….it’s almost as if economics are really bloody complicated. This isn’t an issue solely limited to GW. At all. It’s a much wider problem - especially when you’ve enough of a clue to know that, in the U.K. at least, salaries haven’t kept up with inflation in a long, long time.
But sure, if it makes you feel better, you just blame it on GW’s greed. Because I guess that’s a helluva lot easier and more self satisfying than trying to understand the bigger picture.
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Post by: lord_blackfang
The bigger picture is still just greed, just on more levels.
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Post by: GrosseSax
Well, the good new is that we don't need GW to play Warhammer.
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Post by: Mad Doc Grotsnik
Cobblers. Utter cobblers.
Now. Please note I am not attempting to justify, approve etc the exact amount of the increase.
Rather, I’m attempting to illustrate that “bUt EaCh sPrUe R pEnNiEs Of PlAsTiC” and “muh inflation rate” are, whether purposefully or not, simply bogus arguments. Because neither are even remotely how real world economics work.
And frankly, I am bored to death of the “evil GW” trope. They’re a for profit business. Not a charity. Being on the stock market, and regardless of what us Sad Nerks on the inter webs might think of it, their first and ultimately only duty is to maximise their profits, and generate the best return for their share holders. That’s a legal thing. Non-optional. But hey, we’re just as free as anyone else to buy them shares and reap some of that for ourselves.
Do prices rises suck? Yeah. Of course they do. 100% suckitidue. They suck more than a cordless Dyson switched on in space.
But that doesn’t mean they’re the result of greed. At all.
Now. Here’s another thing for people to at least try to get their head round. The announced increases may well be outside of inflation. And whilst we’ll never know (because GW don’t publish, nor have to publish the exact breakdown) what the true impact of the various financial woes and shenanigans that are going on is on their bottom line.
But let’s look back at my statement about price rises sucking. I still stand by that statement as I consider it to be the most factually accurate statement in this whole thread.
GW knows this. We know this. Their shareholders know this. Nobody wants to scare off their customers. That’s a very silly plan.
The exact percentages here could well be a form of shock absorption. Rather than increase prices year on year, by differing percentiles? These increases may well future proof GW against economic oddities yet to come.
Sucks to be us, the buyer. But what they’re doing just….isn’t immoral. At all.
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Post by: H.B.M.C.
And a lot of us are really frickin' tired of the "They’re a for profit business. Not a charity." excuse.
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Post by: BobtheInquisitor
I’m sure every jerkass has a reasonable explanation for their jerkass behavior. But it is equally reasonable to conclude someone who’s always being a jerkass to you is really just a jerkass.
Meanwhile, Victrix, Perry, Wargames Atlantic, and to lesser extents Mantic, Shieldwolf, Gripping Beast and Fireforge are over here with their apparently alien economics, not doing jerkass things all the time.
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Post by: kurhanik
There is a difference between "not a charity" and "bragging about year on year record breaking profits but still raising prices". In the grand scheme of things, and especially with their bogus foreign exchange rates that always favors them, they could easily soak most any shortfall and still be reaping millions in profit. And hard to see raising prices across the board by 5-10% as protecting from inflation when they already rose prices by vast sums over the past 4 years.
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Post by: jojo_monkey_boy
Why should the serfs complain about their feudal master when it's not their lord's fault that they own nothing and have to toil to create value for him. It's just because the system was built that way.
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Post by: JohnnyHell
Ah, it’s the price rise bitching thread time of year, is it?
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Post by: H.B.M.C.
You only seem to enter threads to comment on the people discussing the topic.
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Post by: vipoid
Mad Doc Grotsnik wrote:
The Consumer Price Index (by which inflation is judged) is not The Whole Of The Thing. I mean, let’s look at my Council Tax (a tax in the U.K. not linked to income, but to property values set around 1991). My Council Tax is waaaaaay above inflation. That directly affects my disposable income - yet doesn’t factor into the CPI, which again is the benchmark of inflation.
Read the underlined sentence back to yourself and tell me again why this is a great time for GW to be raising its prices.
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Post by: No One Important
Compared to the increased cost of other toys I've seen over the past few months, this latest GW hike seems almost reasonable. Last time I looked at Transformers deluxe action figures, they were around $10. Now they're almost $20. I've seen MSRP on certain Lego sets go up over 30% since December. Funko Pops over 25% increase in the same time frame. Some McFarlane figs went from $20 to $25 not long after. Attack ships burning off the shoulder of Orion and all that.
Rather worrisome and makes me concerned about the impending toy-induced collapse of civilization. At least my backlog is big enough that I can laugh at everyone who whined about "moderation" and "buy more only when you paint what you already have." Poor fools.
Mad Doc Grotsnik wrote:The exact percentages here could well be a form of shock absorption. Rather than increase prices year on year, by differing percentiles? These increases may well future proof GW against economic oddities yet to come.
Didn't GW make a statement along those lines for one of the prior price hikes only to hike prices again the very next year?
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Post by: Gert
No One Important wrote:Compared to the increased cost of other toys I've seen over the past few months, this latest GW hike seems almost reasonable. Last time I looked at Transformers deluxe action figures, they were around $10. Now they're almost $20.
Yeah. The Studio Series and War for Cybertron Trilogy lines were a joke for pricing. Power of the Primes was the last time Voyagers were below $25 and it was the last time that stuff was generally worth the price. At least they had gimmicks that were fun. Don't get me wrong, Kingdom gave us a gorgeous Cyclonus but they've definitely lost quite a bit of the "fun" factor in favour of 100% G1 accurate. And apparently, Hasbro is upping the prices again soon, you won't catch me paying £15 for a bloody Scout size figure. Man I miss the Unicron Trilogy stuff...
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Post by: BobtheInquisitor
I hear the new Gobots toys are all jumping off the bridge, GW.
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Post by: Voss
Weird how a price rise provokes complaints about a price rise.
It seems pretty straightforward as cause and effect goes.
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Post by: deleted20250424
The GoBots are like the Kmart of Transformers.
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Post by: Daedalus81
Look at it this way....the value of your current miniatures went up by 5 or 10%.
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Post by: ccs
zedmeister wrote: Segersgia wrote:If I can see one positive out of this, it is the announcement itself.
Didn't we want them to be more upfront about stuff like this? I can't recall them ever giving us a heads-up announcement about price-increases.
And, just in case anyone thinks they're being in any way generous with this annoucement, they did say:
We’re writing now because we wanted to give you as much notice as we can so þat you can take advantage of þe current prices.
Which, in other words, means shut up and buy.
Well, it IS helpfull.
I have a decently expensive 40k project in mind that I was debating on doing/not doing & if doing, when.
Now I know I need to decide by this weekend, maybe next at the latest, rather than keep mulling around in my head for a few more months.
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Post by: kestral
Wages are up 4% in the US. That is close to break even on a 5% price hike. Personally, I work for as much as my employer can justifying paying me, not the least I can earn and survive. If GW charges too much, people will buy from competitors or stop snorting plastic crack. That is a GOOD thing. GW will have to make their kits (and maybe their game) so awesome it is worth it to buy at higher prices, or drop their prices. I haven't been able to afford/justify GW for years, and it bothers me not a jot.
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Post by: GrosseSax
kestral wrote:Wages are up 4% in the US. That is close to break even on a 5% price hike.
What sort of dust are you snorting son?
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Post by: John Prins
Anecdotally, the factory I work at raised their starting wages from 15.50CAD at the beginning of 2021 to 19.00CAD today, because we can't get people in the door. It's not just inflation driving wage increases, there's a supply side issue with labor at the moment. Heck, one of the local GW outlets had to close because the manager (i.e. the only guy running the store) has moved on and they have no replacement.
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Post by: GrosseSax
John Prins wrote:
Anecdotally, the factory I work at raised their starting wages from 15.50CAD at the beginning of 2021 to 19.00CAD today, because we can't get people in the door. It's not just inflation driving wage increases, there's a supply side issue with labor at the moment. Heck, one of the local GW outlets had to close because the manager (i.e. the only guy running the store) has moved on and they have no replacement.
Wage increase for the peasants doesn't mean gak when it doesn't match the rapidly increasing cost of living in the US (and CA). Why bother?
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Post by: yukishiro1
Kid_Kyoto wrote:Companies really need to realize their shareholder reports are public documents.
You don't get to brag about record profits in one outlet and the plead poverty in another one.
Sure you do, you just need a legion of unpaid promoters who will defend your actions no matter what.
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Post by: Toofast
I used to joke that under Kirby, their end goal was to sell a single model to a single customer for $200M. Then you don't have to worry about pleasing a bunch of different people with vastly different desires from a wargame, or worry about anyone complaining about prices. It's a weird strategy for something that requires 2 people to play the actual game, you would think they would want as many people as possible in the hobby. Automatically Appended Next Post: H.B.M.C. wrote:And a lot of us are really frickin' tired of the "They’re a for profit business. Not a charity." excuse.
Me too, there's plenty of companies on GW's scale that don't raise their prices more than the rate of inflation literally every year of their existence. If other companies followed GWs pricing increases, a new pickup truck would be $150k and a snickers bar would be $5.
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Post by: kodos
Toofast wrote:It's a weird strategy for something that requires 2 people to play the actual game, you would think they would want as many people as possible in the hobby.
well, the brilliant idea behind this is to get a many rich people in the hobby to raise the value of the brand and make sure everyone wants to play a GW game, but not everyone can afford one
same as with a Ferrari, Porsche or Maserati and that GW wants to become the Porsche of Miniature Gaming is their long time goal since Kirby took over (this has not changed over the years, just the way to do it changed)
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Post by: tneva82
H.B.M.C. wrote:And a lot of us are really frickin' tired of the "They’re a for profit business. Not a charity." excuse.
It's not excuse though. It's a fact.
Or are you claiming GW IS supposed to be charity? ROFLMAO!
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Post by: Albertorius
tneva82 wrote: H.B.M.C. wrote:And a lot of us are really frickin' tired of the "They’re a for profit business. Not a charity." excuse.
It's not excuse though. It's a fact.
Same as all other mini manufacturers. And still...
Or are you claiming all mini manufacturers ARE supposed to be charities? ROFLMAO!
At the end of the day, time will tell whether this helps o hinders GW's bottom line.
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Post by: Mad Doc Grotsnik
vipoid wrote: Mad Doc Grotsnik wrote:
The Consumer Price Index (by which inflation is judged) is not The Whole Of The Thing. I mean, let’s look at my Council Tax (a tax in the U.K. not linked to income, but to property values set around 1991). My Council Tax is waaaaaay above inflation. That directly affects my disposable income - yet doesn’t factor into the CPI, which again is the benchmark of inflation.
Read the underlined sentence back to yourself and tell me again why this is a great time for GW to be raising its prices.
Oh that’s easy.
Everyone’s overheads are going up. And when you’re a company with shareholders, whether we like it or not, your sole responsibility is to those shareholders to maximise profits. So when your overheads go up? So do your prices.
It’s not a difficult concept, is it? Especially when I’ve already explained how inflation is calculated, and why it’s a poor benchmark for the purpose people are trying to put it to in this thread.
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Post by: Not Online!!!
Mad Doc Grotsnik wrote: vipoid wrote: Mad Doc Grotsnik wrote:
The Consumer Price Index (by which inflation is judged) is not The Whole Of The Thing. I mean, let’s look at my Council Tax (a tax in the U.K. not linked to income, but to property values set around 1991). My Council Tax is waaaaaay above inflation. That directly affects my disposable income - yet doesn’t factor into the CPI, which again is the benchmark of inflation.
Read the underlined sentence back to yourself and tell me again why this is a great time for GW to be raising its prices.
Oh that’s easy.
Everyone’s overheads are going up. And when you’re a company with shareholders, whether we like it or not, your sole responsibility is to those shareholders to maximise profits. So when your overheads go up? So do your prices.
It’s not a difficult concept, is it? Especially when I’ve already explained how inflation is calculated, and why it’s a poor benchmark for the purpose people are trying to put it to in this thread.
except that is BS, considering that GW makes most money not in a currency that is commiting Sudoku due to bad political decisions and ergo therfore is only minimally impacted by it whilest having lower production cost relatively due to inflation locally since it produces most stuff locally (except the slave book printing  )
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Post by: Mad Doc Grotsnik
Doesn’t matter. At all.
GW has their production done predominantly in the U.K., yes?
So their overheads are quite directly tied to the economic pressures and that of…..the UK.
If staffing costs go up in the U.K. (we have a National Minimum Wage, which rises above inflation most years), that affects GW. Gas, electric, insurance, corporation tax, local business taxes etc.
Now. Let’s consider corporation tax. Right now that’s 20%. And the more money you take in, the higher that 20% works out to be, yes? If I made £1,000.00, my tax would be £200.00. If I made £1,100.00, my tax would be….£220.00
So that’s another issue when your costs escalate. Any price rise you add on? 20% is earmarked for HMRC.
If I purely wanted to keep up with inflation? Let’s say that’s 4%. I can’t keep up with just a 4% rise, because 20% of that 4% is off go HMRC. So I set it to 5% rise. That lets me keep my prices in-line with inflation.
As I said, it’s almost as if economics is way, way more complicated than folk here are making out.
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Post by: Oguhmek
The silver lining here is the incentive for me to work on my (considerable) pile of shame instead of buying new stuff. Also, if I'm working on the armies I already have (instead of starting new ones) I don't need any new codexes or other rules either, so actually this price increase might save me money in the end!
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Post by: Overread
I think its fuelled also by GW announcing record profits and thus people assuming that GW doesn't need to raise prices because their profits are inflated.
However I'd wager that GW's next year profits might actually lower if we consider that the Corona period generated a vastly abnormally high period of increased spending per customer and an artificial increase in customers. Much like the dog sale boom during lockdowns that then sparked a boom in dogs being abandoned/given up to shelters.
A portion of the new customers won't be long term, once life gets back to normal they'll drift away; meanwhile those who spent way more will now have their money curtailed again as they are putting fuel in the car; they are going out again; they are paying much much more for utilities and such.
Which I think is also reflected in GW's share going down because the "fast rise" bubble has burst. It doesn't mean GW is in a bad place, but it means I'd expect them to make less in profit over the next year than the previous. Or if not less, then they won't in any way show the same year to year growth
I think the other sting with GW is that prices rarely go down with them. True most product lines for luxury goods are often similar, once they go up they stay up; at least until some new upstart company pushes into the market with lower costs and lower prices and either forces the market down or steals the market out from the market leaders.
Which is the other thing with GW; they are somewhat insulated from that. Or at least it would likely take a big firm to make serious investments to make it happen and wargames just aren't juicy enough to make them attractive for such investment.
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Post by: NAVARRO
Sorry what I was trying to say was that regardless of current economic uncertainty in the UK theres a bigger factor IMO that allows GW to get away with infinite 10% increases and its the fact that they have no direct competitors.
Competition and aligning prices to remain competitive is one of the main factors that stop companies from increasing prices to what they want... This is not the case when you have the monopoly.
GW knows they have no serious competition on the terrain front for example.
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Post by: Not Online!!!
Mad Doc Grotsnik wrote:Doesn’t matter. At all.
GW has their production done predominantly in the U.K., yes?
So their overheads are quite directly tied to the economic pressures and that of….. the UK.
and here you make the mistake.
If staffing costs go up in the U.K. (we have a National Minimum Wage, which rises above inflation most years), that affects GW. Gas, electric, insurance, corporation tax, local business taxes etc.
Now. Let’s consider corporation tax. Right now that’s 20%. And the more money you take in, the higher that 20% works out to be, yes? If I made £1,000.00, my tax would be £200.00. If I made £1,100.00, my tax would be….£220.00
So that’s another issue when your costs escalate. Any price rise you add on? 20% is earmarked for HMRC.
Staffing cost may go up, yes, but their relative income due to hard currency sales already covers that more than enough. Again magic exchange rates and a lot of the world comparatively has low inflation going on.
If I purely wanted to keep up with inflation? Let’s say that’s 4%. I can’t keep up with just a 4% rise, because 20% of that 4% is off go HMRC. So I set it to 5% rise. That lets me keep my prices in-line with inflation.
As I said, it’s almost as if economics is way, way more complicated than folk here are making out.
Sure, alas you forget to take in relative exchange rates, inflation rates between currencies and the fact that GW earns most money outside of the UK, ergo inflation in Uk is pretty irrelevant and not justifying another price rise considering magic outside exchange rates. At most it would justify an price rise IN the UK.
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Post by: JWBS
Not Online!!! wrote: Mad Doc Grotsnik wrote: vipoid wrote: Mad Doc Grotsnik wrote:
The Consumer Price Index (by which inflation is judged) is not The Whole Of The Thing. I mean, let’s look at my Council Tax (a tax in the U.K. not linked to income, but to property values set around 1991). My Council Tax is waaaaaay above inflation. That directly affects my disposable income - yet doesn’t factor into the CPI, which again is the benchmark of inflation.
Read the underlined sentence back to yourself and tell me again why this is a great time for GW to be raising its prices.
Oh that’s easy.
Everyone’s overheads are going up. And when you’re a company with shareholders, whether we like it or not, your sole responsibility is to those shareholders to maximise profits. So when your overheads go up? So do your prices.
It’s not a difficult concept, is it? Especially when I’ve already explained how inflation is calculated, and why it’s a poor benchmark for the purpose people are trying to put it to in this thread.
except that is BS, considering that GW makes most money not in a currency that is commiting Sudoku due to bad political decisions and ergo therfore is only minimally impacted by it whilest having lower production cost relatively due to inflation locally since it produces most stuff locally (except the slave book printing  )
I know politics is out of bounds but no one seems to care you keep making this claim in this thread so w/e, I'll respond, what the f are you talking about? Where are you getting your currency info? It's not even that this is a difficult thing to check, which makes me wonder if all of your points are being pulled directly from your arse, or just this one.
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Post by: Not Online!!!
JWBS wrote:Not Online!!! wrote: Mad Doc Grotsnik wrote: vipoid wrote: Mad Doc Grotsnik wrote:
The Consumer Price Index (by which inflation is judged) is not The Whole Of The Thing. I mean, let’s look at my Council Tax (a tax in the U.K. not linked to income, but to property values set around 1991). My Council Tax is waaaaaay above inflation. That directly affects my disposable income - yet doesn’t factor into the CPI, which again is the benchmark of inflation.
Read the underlined sentence back to yourself and tell me again why this is a great time for GW to be raising its prices.
Oh that’s easy.
Everyone’s overheads are going up. And when you’re a company with shareholders, whether we like it or not, your sole responsibility is to those shareholders to maximise profits. So when your overheads go up? So do your prices.
It’s not a difficult concept, is it? Especially when I’ve already explained how inflation is calculated, and why it’s a poor benchmark for the purpose people are trying to put it to in this thread.
except that is BS, considering that GW makes most money not in a currency that is commiting Sudoku due to bad political decisions and ergo therfore is only minimally impacted by it whilest having lower production cost relatively due to inflation locally since it produces most stuff locally (except the slave book printing  )
I know politics is out of bounds but no one seems to care you keep making this claim in this thread so w/e, I'll respond, what the f are you talking about? Where are you getting your currency info? It's not even that this is a difficult thing to check, which makes me wonder if all of your points are being pulled directly from your arse, or just this one.

compare the infaltion rate of the Eurozone and the pound.
Right now that is 5.4 in the UK whilest only 2.6 in the eurozone 21.
Further that doesn't take into account magic GW exchange rates.
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Post by: Mad Doc Grotsnik
Not Online!!! wrote: Mad Doc Grotsnik wrote:Doesn’t matter. At all.
GW has their production done predominantly in the U.K., yes?
So their overheads are quite directly tied to the economic pressures and that of….. the UK.
and here you make the mistake.
If staffing costs go up in the U.K. (we have a National Minimum Wage, which rises above inflation most years), that affects GW. Gas, electric, insurance, corporation tax, local business taxes etc.
Now. Let’s consider corporation tax. Right now that’s 20%. And the more money you take in, the higher that 20% works out to be, yes? If I made £1,000.00, my tax would be £200.00. If I made £1,100.00, my tax would be….£220.00
So that’s another issue when your costs escalate. Any price rise you add on? 20% is earmarked for HMRC.
Staffing cost may go up, yes, but their relative income due to hard currency sales already covers that more than enough. Again magic exchange rates and a lot of the world comparatively has low inflation going on.
If I purely wanted to keep up with inflation? Let’s say that’s 4%. I can’t keep up with just a 4% rise, because 20% of that 4% is off go HMRC. So I set it to 5% rise. That lets me keep my prices in-line with inflation.
As I said, it’s almost as if economics is way, way more complicated than folk here are making out.
Sure, alas you forget to take in relative exchange rates, inflation rates between currencies and the fact that GW earns most money outside of the UK, ergo inflation in Uk is pretty irrelevant and not justifying another price rise considering magic outside exchange rates. At most it would justify an price rise IN the UK.
As I said. Economics are complicated things. But what we see here are folk, I hope through ignorance rather than anything, treating it as a simple thing.
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Post by: Gert
Print money. Fix economy. Ez.
26519
Post by: xttz
You should probably clarify this, because it sounds like you're heavily implying that anything produced in China is automatically made by slavery.
126944
Post by: Wha-Mu-077
xttz wrote:
You should probably clarify this, because it sounds like you're heavily implying that anything produced in China is automatically made by slavery.
...why do you think it's so cheap?
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Post by: Not Online!!!
xttz wrote:
You should probably clarify this, because it sounds like you're heavily implying that anything produced in China is automatically made by slavery.
Aye, basically C&C printing runs a production facility in guangdong province which has been indicated in quote Uyghur labour.
there was a thread not to long ago about that.
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Post by: Gert
And that thread was a steaming pile of gak where the primary instigator couldn't actually prove anything beyond conjecture and possible coincidence.
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Post by: JWBS
Not Online!!! wrote:
Right now that is 5.4 in the UK whilest only 2.6 in the eurozone 21.
Further that doesn't take into account magic GW exchange rates.
First page of google search results for ' EU inflation 2022' gives ranges from 3.2% to 5.1%, most common being 5.1% (and the 3.2% hits are on pages written Dec 2021)
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Post by: xttz
Not Online!!! wrote: xttz wrote:
You should probably clarify this, because it sounds like you're heavily implying that anything produced in China is automatically made by slavery.
Aye, basically C&C printing runs a production facility in guangdong province which has been indicated in quote Uyghur labour.
there was a thread not to long ago about that.
Gert wrote:And that thread was a steaming pile of gak where the primary instigator couldn't actually prove anything beyond conjecture and possible coincidence.
Yeah a quick search has not turned up any reputable details on this. All I've found are more posts from people repeating hearsay with no source cited for the claim.
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Post by: Arbitrator
I'd ordinarily make the usual joke about "they do it for free" when it comes to the usual suspects rushing to GW's defence (for free) but I'm curious how many have shares in GW and thus do have a financial incentive to try and make excuses for them.
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Post by: Not Online!!!
JWBS wrote:Not Online!!! wrote:
Right now that is 5.4 in the UK whilest only 2.6 in the eurozone 21.
Further that doesn't take into account magic GW exchange rates.
First page of google search results for ' EU inflation 2022' gives ranges from 3.2% to 5.1%, most common being 5.1% (and the 3.2% hits are on pages written Dec 2021)
happen to run into the estimates files?
https://ec.europa.eu/eurostat/documents/2995521/14233881/2-02022022-AP-EN.pdf/ae797c3b-899c-8d61-afd6-a08eb5f086f6
Wellp, i didn't realise that germany had a estimated 5.1 % rate. Indeed then I am wrong on that.
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Post by: JohnnyHell
H.B.M.C. wrote:You only seem to enter threads to comment on the people discussing the topic.
HBMC complaining about people complaining about people is a bit rich.
Cheers for the chuckle. Needed that this morning! I’ll leave you to the ill-informed armchair financial analytics and politics-ban-breaching side spats. Because there isn’t anything of value in this thread. No one likes prices rises. I think it sucks. But a circle jank of whining about it with bonus infighting achieves what exactly?
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Post by: Overread
Arbitrator wrote:I'd ordinarily make the usual joke about "they do it for free" when it comes to the usual suspects rushing to GW's defence (for free) but I'm curious how many have shares in GW and thus do have a financial incentive to try and make excuses for them.
Do you really think the - 20 or so people chatting in this thread is going to influence GW's bottom line in any shape or form? I mean I guess one or two could be the rare super-mega-white-whales of the ocean who buy enough stock per month to actually be a measurable percentage of GW's sales, but I'm highly suspicious that such creatures even exist.
It's simply that some see every price rise as driven by pure greed and others see price rises are more complex things where greed/profit is a part of it, but not the entire story and in some cases might not be a major contributing factor at all. Also some of us have been around long enough that we've seen this thread every year; we've heard " GW is too expensive" for - well I've heard it ever since I started in the late 90s or there abouts
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Post by: Olthannon
I'm sure Pink Floyd summed this up quicker than the 6 pages of comments in this thread.
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Post by: deano2099
Mad Doc Grotsnik wrote:Doesn’t matter. At all.
GW has their production done predominantly in the U.K., yes?
So their overheads are quite directly tied to the economic pressures and that of….. the UK.
If staffing costs go up in the U.K. (we have a National Minimum Wage, which rises above inflation most years), that affects GW. Gas, electric, insurance, corporation tax, local business taxes etc.
Now. Let’s consider corporation tax. Right now that’s 20%. And the more money you take in, the higher that 20% works out to be, yes? If I made £1,000.00, my tax would be £200.00. If I made £1,100.00, my tax would be….£220.00
So that’s another issue when your costs escalate. Any price rise you add on? 20% is earmarked for HMRC.
If I purely wanted to keep up with inflation? Let’s say that’s 4%. I can’t keep up with just a 4% rise, because 20% of that 4% is off go HMRC. So I set it to 5% rise. That lets me keep my prices in-line with inflation.
As I said, it’s almost as if economics is way, way more complicated than folk here are making out.
I see what you're getting at and it's not *that* complicated, but you are wrong here. You're missing the fact that that 20% tax is already being paid on the previous price, so you don't need a 5% increase to cover a 4% inflation increase, otherwise prices would just constantly run away. Percentages are relative.
If you're making £1000 like you said, you keep £800 of that, £200 goes to HMRC.
To keep pace with inflation, you need to be making 4% more than before. That's 4% more than the £800 though, not the £1000. So an extra £32.
If you increase prices by 4%, so instead of making £1000 you're now making £1040, that means charging an extra £40. Of which like you said, 20% goes to HMRC, which is £8 leaving you with... the £32 you needed to keep up with inflation.
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Post by: Sunno
Galas wrote:Sunno wrote:People are talking about GW prices like they have a god given right to be able to afford plastic models which are, at the end of the day, strictly a 1st world luxury item.
GW and other companies will charge what they can get away with. If you can't afford it or think its too much, dont buy it. If sales drop off, a company will need to reassess their approach.
So what. Can't I as a customer complaint about their policies or what?
Removed - rule #1 please
You can complain. But many people here are talking like GW has risen the price of bread or water. GW or any other company will sell at whatever price they feel they can get away with. As customers, buying a purely non essential luxury item, we are complicit in the the price rises because we keep buying the product blindly.
If your a GW customer and you have bought into or supported the drive toward the competitive meta informing almost every element of gameplay, you are doubly to blame Because the comp meta has created a the situation where each new release is more shiny and powerful and costs more. That new shiny thing is then often nerfed at a later date once the sales have dropped off ready for the next slight more expensive shiny
If you want GW to reduce prices then stop buying and chasing the shiny. Vote with your dollar. If you continue to buy at the new prices you give the company the green light to push the envelope even more.
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Post by: Tygre
I'd like to point out that taxes are paid on profits not revenue. If costs increase by 5% and income increases by 5%, your profits increase by 0%. So your tax increases by 0%.
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Post by: H.B.M.C.
Leave me out of this!!!
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Post by: Mad Doc Grotsnik
You silly sausage
Though speaking of Sausage, on a scale of 1-Marmoset, how confused and baffled are you that, for once, Australia isn’t getting the poopy end of the price rise stick? Automatically Appended Next Post: deano2099 wrote: Mad Doc Grotsnik wrote:Doesn’t matter. At all.
GW has their production done predominantly in the U.K., yes?
So their overheads are quite directly tied to the economic pressures and that of….. the UK.
If staffing costs go up in the U.K. (we have a National Minimum Wage, which rises above inflation most years), that affects GW. Gas, electric, insurance, corporation tax, local business taxes etc.
Now. Let’s consider corporation tax. Right now that’s 20%. And the more money you take in, the higher that 20% works out to be, yes? If I made £1,000.00, my tax would be £200.00. If I made £1,100.00, my tax would be….£220.00
So that’s another issue when your costs escalate. Any price rise you add on? 20% is earmarked for HMRC.
If I purely wanted to keep up with inflation? Let’s say that’s 4%. I can’t keep up with just a 4% rise, because 20% of that 4% is off go HMRC. So I set it to 5% rise. That lets me keep my prices in-line with inflation.
As I said, it’s almost as if economics is way, way more complicated than folk here are making out.
I see what you're getting at and it's not *that* complicated, but you are wrong here. You're missing the fact that that 20% tax is already being paid on the previous price, so you don't need a 5% increase to cover a 4% inflation increase, otherwise prices would just constantly run away. Percentages are relative.
If you're making £1000 like you said, you keep £800 of that, £200 goes to HMRC.
To keep pace with inflation, you need to be making 4% more than before. That's 4% more than the £800 though, not the £1000. So an extra £32.
If you increase prices by 4%, so instead of making £1000 you're now making £1040, that means charging an extra £40. Of which like you said, 20% goes to HMRC, which is £8 leaving you with... the £32 you needed to keep up with inflation.
Entirely fair and factually accurate point
Luckily with my maths skills, I don’t work in finance.
Oh…..
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Post by: H.B.M.C.
Mad Doc Grotsnik wrote:Though speaking of Sausage, on a scale of 1-Marmoset, how confused and baffled are you that, for once, Australia isn’t getting the poopy end of the price rise stick? 
Cynicism reigns supreme, I'm afraid. You think Australia is safe from this? They said that our prices weren't going up. That applies to everything on sale now. That doesn't mean that we won't see new products suddenly have a higher price, so whilst basic squads basic squads stay at the currently already-absurd AUD$98, that new regular infantry box might suddenly come out at AUD$103. And, technically, the price didn't go up, because that's the price it was released at. JohnnyHell wrote:HBMC complaining about people complaining about people is a bit rich.
Who said I was complaining? It was an observation. In the same way that Gert seems to enter threads to attempt to shut down conversations, you appear in non- YMDC threads and then vanish just as quickly with quick little drive bys. I mean, consider: JohnnyHell wrote:Good numbers again. Guess the “boycott” was the hot air we suspected
That's just the last two. Took no time at all to find. JohnnyHell wrote:Cheers for the chuckle. Needed that this morning! I’ll leave you to the ill-informed armchair financial analytics and politics-ban-breaching side spats. Because there isn’t anything of value in this thread. No one likes prices rises. I think it sucks. But a circle jank of whining about it with bonus infighting achieves what exactly?
You're leaving after getting another dig in. Maybe you should listen to yourself:
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Post by: Albertorius
Mad Doc Grotsnik wrote:You silly sausage
Though speaking of Sausage, on a scale of 1-Marmoset, how confused and baffled are you that, for once, Australia isn’t getting the poopy end of the price rise stick? 
As a point of note, 2021 annual inflation rate was 3.5% down under.
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Post by: Wha-Mu-077
Mad Doc Grotsnik wrote:You silly sausage
Though speaking of Sausage, on a scale of 1-Marmoset, how confused and baffled are you that, for once, Australia isn’t getting the poopy end of the price rise stick?
I guess GW higherups decided that jacking the Aussie prices even further up would actually significantly affect their sales there, to the point it's not gonna be worth it?
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Post by: StraightSilver
GW also have still yet to recruit the extra 150 staff they need to fully open the new distribution hub.
These are due to be recruited this year, once COVID restrictions relax.
That's gonna be around £2 million a year in extra staffing costs, but there will also be an increase in associated costs like utilities etc to go along with it.
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Post by: lord_blackfang
Arbitrator wrote:I'd ordinarily make the usual joke about "they do it for free" when it comes to the usual suspects rushing to GW's defence (for free) but I'm curious how many have shares in GW and thus do have a financial incentive to try and make excuses for them. There's been some opinions put forth that simping for capitalism not only isn't based on your own personal interests (obvious), it's not even the misplaced class solidarity we usually hear about (poors voting right because they see themselves as "temporarily inconvenienced millionares") but a mental predisposition to find comfort in hierarchical societal organisation, even if they are on the bottom. Hence the willing slaves.
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Post by: Overread
Mad Doc Grotsnik wrote:
Entirely fair and factually accurate point
Luckily with my maths skills, I don’t work in finance.
Oh…..
CONFIRMED!
The problems with the UK finances are because the people in finance can't do maths!!!
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Post by: Mad Doc Grotsnik
It’s alright, I’m kept far, far from the levers of power.
I most just write slightly snarky letters.
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Post by: Dudeface
To the people who are saying they should just absorb the increased costs via the profits.
How would you like it if your employer had to pay increased tax for you as an employee, so they're using your pay rise to cover it, so rather than keeping up with the cost of living you're comparatively worse off?
Yes they're putting prices up out of a form of need/greed, yes they could absorb them, but they're obligated not to and there's no reason the owners of the company (stakeholders) should de facto take the hit, simply because the customers don't like paying more. Automatically Appended Next Post: Mad Doc Grotsnik wrote:It’s alright, I’m kept far, far from the levers of power.
I most just write slightly snarky letters.
Much appreciating the level headed and reasonable explanation. I am noting most of the people living in the extremes of claiming others are apologists/simps/white knights or whatever the popular term is, tend to not be from the UK, maybe we're just conditioned to this sort of thing.
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Post by: Eldarsif
Oguhmek wrote:The silver lining here is the incentive for me to work on my (considerable) pile of shame instead of buying new stuff. Also, if I'm working on the armies I already have (instead of starting new ones) I don't need any new codexes or other rules either, so actually this price increase might save me money in the end!
Same here. When you have a huge pile of shame this only encourages you to stick to your stuff and finish it. For me I might at best buy the tomes/codexes and maybe a dual box or two.
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Post by: lord_blackfang
Dudeface wrote:Much appreciating the level headed and reasonable explanation. I am noting most of the people living in the extremes of claiming others are apologists/simps/white knights or whatever the popular term is, tend to not be from the UK, maybe we're just conditioned to this sort of thing.
Perhaps there is some correlation between living in a monarchy and enjoying serfdom
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Post by: Overread
Mad Doc Grotsnik wrote:It’s alright, I’m kept far, far from the levers of power.
I most just write slightly snarky letters.
WAIT you're not the kinda person that writes the "you've missed your last TV licence payment - we will be sending the bailiffs to reclaim your home in the morning"
Also has anyone ever seen one of those licence detector vans ever?!
Dudeface wrote:
Automatically Appended Next Post:
Mad Doc Grotsnik wrote:It’s alright, I’m kept far, far from the levers of power.
I most just write slightly snarky letters.
Much appreciating the level headed and reasonable explanation. I am noting most of the people living in the extremes of claiming others are apologists/simps/white knights or whatever the popular term is, tend to not be from the UK, maybe we're just conditioned to this sort of thing.
It's the queuing. We are conditioned from a young age to learn how to stand in lines so that everyone gets through the shopping process quickly and efficiently. IT helps keep other things working too on the same theory (though I think Denmark might actually be ahead of us in that regard - at least during pandemic times)
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Post by: BrotherGecko
Have any other Euro miniature companies raised their prices recently? I know Corvus Belli did.
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Post by: Mad Doc Grotsnik
Not those sorts of letter!
Different letters. Some bring joy. Some engender rage. I’m doing one right now which I’m rather enjoying….
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Post by: Eldarsif
BrotherGecko wrote:Have any other Euro miniature companies raised their prices recently? I know Corvus Belli did.
Warlord Games did so last year. I imagine they might have to do so again this year considering how much of their stuff is still in metal.
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Post by: Albertorius
BrotherGecko wrote:Have any other Euro miniature companies raised their prices recently? I know Corvus Belli did.
I think so, yeah... but not yearly (or nearly so, plus the ever increasing price on new releases), which is the main issue with GW.
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Post by: lord_blackfang
I think Mantic did too.
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Post by: Skinnereal
GW puts up prices every year, but not for ever item. Some stuff doesn't get a price increase for years at a time.
This time though, it's a lot more, but by way of items, and the amount increased.
And, they have to tell us about it, due to the shareholders thing. Other, smaller, companies don't.
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Post by: Baragash
Mad Doc Grotsnik wrote:If staffing costs go up in the U.K. (we have a National Minimum Wage, which rises above inflation most years)
Heavily tangential, but from the PoV of the NMW it actually doesn't keep pace with inflation of things that impact people on the NMW, which is why in the last couple of weeks a new measure, called the Vimes Index (named after Sir Terry Pratchett's Commander Vimes) has been agreed and developed.
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Post by: Gert
Overread wrote:WAIT you're not the kinda person that writes the "you've missed your last TV licence payment - we will be sending the bailiffs to reclaim your home in the morning"
Also has anyone ever seen one of those licence detector vans ever?!
You just need to live in the part of the country where the licensing authority is toothless, armless, and legless, then you'll never have a problem.
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Post by: Mad Doc Grotsnik
Gert wrote: Overread wrote:WAIT you're not the kinda person that writes the "you've missed your last TV licence payment - we will be sending the bailiffs to reclaim your home in the morning"
Also has anyone ever seen one of those licence detector vans ever?!
You just need to live in the part of the country where the licensing authority is toothless, armless, and legless, then you'll never have a problem.
I get regular letter about that. All of which are ignored, because I have a TV License for my flat. And I can prove that, on account I have one.
Trouble for TV Licensing is my flat has had various titles. Second Floor, Top Floor, Flat 1. They’re chasing me for one of those. I’m paying under another. They expect me to fill out a load of forms to correct it. I’m not doing that. They can waste their own time and correct their own records. I’ve done nowt wrong.
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Post by: Gert
Oh Doc I mean that even when the guys come round, they ask to come in, you say no and they just leave. The best part of the UK to live in hands down.
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Post by: Mad Doc Grotsnik
Oh they’re welcome to come in. I’m in the right and properly licensed.
Would be nice if they actually turned up though.
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Post by: ProfSrlojohn
Wha-Mu-077 wrote: Mad Doc Grotsnik wrote:You silly sausage
Though speaking of Sausage, on a scale of 1-Marmoset, how confused and baffled are you that, for once, Australia isn’t getting the poopy end of the price rise stick?
I guess GW higherups decided that jacking the Aussie prices even further up would actually significantly affect their sales there, to the point it's not gonna be worth it?
Like I mentioned earlier in the thread, I think they're shooting for saturation, raise prices in a market as high as they can without consumers leaving the market entirely. The power of having monopolistic power in a market. They've reached that point with Australia from my current understanding, and they don't have the footing in China/Japan to try it yet. NZ I'm unsure, and my argument falls a bit there, but It wouldn't surprise me if it's a similar situation. In the rest of the world however they've clearly not reached that point yet so they'll keep raising prices, be it justified or not until they hit that point.
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Post by: Overread
I wonder if it could also be a shipping thing. I notice that the countries they aren't rising in are all in the same region of the world.
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Post by: alphaecho
Overread wrote:
WAIT you're not the kinda person that writes the "you've missed your last TV licence payment - we will be sending the bailiffs to reclaim your home in the morning"
Also has anyone ever seen one of those licence detector vans ever?!
The vans existed.
Whether or not they can actually 'detect' is another matter entirely.
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Post by: Daedalus81
yukishiro1 wrote: Kid_Kyoto wrote:Companies really need to realize their shareholder reports are public documents.
You don't get to brag about record profits in one outlet and the plead poverty in another one.
Sure you do, you just need a legion of unpaid promoters who will defend your actions no matter what.
Record profits were during pandemic shutdown. Their profit dropped a fair amount (obviously not in a manner to cry poverty ) on the last report and people here were just recently claiming ( again ) that it was the death knell due to 3D printing, so...maybe some people just value objectivity over drama.
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Post by: Albertorius
Ok, what in the feth is a "TV license"
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Post by: soviet13
At the end of the day, if you're running a business that has experienced record sales, continually sells out of new releases, that can't manufacture things quick enough (I understand Covid is part of this), and is heading now into a period of inflation and economic uncertainty, you'd be pretty foolish NOT to consider a cheeky price rise.
As much as I wince sometimes when I pay for my models, I'd rather have a GW rolling in money that takes risks making cool stuff (Eldar reboot, World Eaters, Ash Wastes for Necromunda) than one that's always two bad quarters away from trouble and has to focus on sure things (Space Marines).
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Post by: Daedalus81
Some countries have to pay the government to fund broadcast TV. It's what funds the BBC.
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Post by: Jadenim
If you own a TV connected to an aerial in the UK (I.e. so you can receive broadcast signals*) you have to have pay an annual fee, which is used to fund the BBC and other public broadcasting. Effectively it’s a tax to fund public broadcasting, but it’s called a licence and it’s administered in a weird, separate way due to historical reasons.
* I think it now covers live streaming from BBC iPlayer, etc. too now, but I don’t know the details, because I’ve never looked into the loopholes.
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Post by: Skinnereal
Daedalus81 wrote:
Some countries have to pay the government to fund broadcast TV. It's what funds the BBC.
It is the reason a lot of UK TV shows are a longer length than other countries' shows. We don't get adverts on the BBC, so we get more content.
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Post by: xttz
Daedalus81 wrote:yukishiro1 wrote: Kid_Kyoto wrote:Companies really need to realize their shareholder reports are public documents.
You don't get to brag about record profits in one outlet and the plead poverty in another one.
Sure you do, you just need a legion of unpaid promoters who will defend your actions no matter what.
Record profits were during pandemic shutdown. Their profit dropped a fair amount (obviously not in a manner to cry poverty ) on the last report and people here were just recently claiming ( again ) that it was the death knell due to 3D printing, so...maybe some people just value objectivity over drama.
It's likely that the difference between the two years was a popular 40k edition launch in summer 2020 versus an underwhelming AOS launch in summer 2021. Based on how many Dominion boxes are still around I'm sure their sales targets weren't close to being met.
I reckon that's one of the reasons we're now seeing a strong push on 40k releases before the end of the fiscal year in June. It's telling that AOS is on track to get just four new character models by summer while 40k is looking likely to have 6+ codexes and many new model releases in the same timeframe.
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Post by: Albertorius
Daedalus81 wrote:
Some countries have to pay the government to fund broadcast TV. It's what funds the BBC.
We already do. Through regular taxes. Plus they have commercials.
Automatically Appended Next Post:
Jadenim wrote:
If you own a TV connected to an aerial in the UK (I.e. so you can receive broadcast signals*) you have to have pay an annual fee, which is used to fund the BBC and other public broadcasting. Effectively it’s a tax to fund public broadcasting, but it’s called a licence and it’s administered in a weird, separate way due to historical reasons.
* I think it now covers live streaming from BBC iPlayer, etc. too now, but I don’t know the details, because I’ve never looked into the loopholes.
Well, that's kind of fething backwards. Thanks for the info
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Post by: alphaecho
Several points of view exist over the UK's TV licence.
They range from 'It's what allows the BBC to be a world leader in producing quality TV for all' to 'It's what allows the BBC to be a Marxist cesspit producing any old crap knowing they can threaten a granny with prison if it isn't paid while throwing £2million to Gary Lineker to talk about football'.
Individuals mileage may vary.
The only way to legally not pay it is to watch Netflix, Amazon Prime and so on through a computer and not own a TV or live stream the BBC.
Imagine legally having to pay GW an annual fee when you only want to play Warlord's Black Powder!
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Post by: Platuan4th
Technically, they are Transformers now.
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Post by: Albertorius
alphaecho wrote:
Several points of view exist over the UK's TV licence.
They range from 'It's what allows the BBC to be a world leader in producing quality TV for all' to 'It's what allows the BBC to be a Marxist cesspit producing any old crap knowing they can threaten a granny with prison if it isn't paid while throwing £2million to Gary Lineker to talk about football'.
Individuals mileage may vary.
The only way to legally not pay it is to watch Netflix, Amazon Prime and so on through a computer and not own a TV or live stream the BBC.
Imagine legally having to pay GW an annual fee when you only want to play Warlord's Black Powder!
Well, as I said, we pay taxes, and the public TV is financed through that and commercials. So, technically, we pay for it even if we don't have a TV. So... ^^
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Post by: Gert
Y'know what's even better? If you stream anything at all on any device, phone, tablet, computer, whatever, you still have to pay the license fee.
The problem is that it does provide a service, like how paying taxes pays for things like the NHS, and just because you might not use that service ever doesn't mean it shouldn't be there. The BBC does like 60 odd radio stations, 9 TV channels, a news service that is nominally "independent" and stuff like the BBC World Service.
That being said, if you're lucky like me, the licensing authority has no support from the local government in enforcing payment of the fee so it's not really something people here care/worry about. Automatically Appended Next Post: alphaecho wrote:The only way to legally not pay it is to watch Netflix, Amazon Prime and so on through a computer and not own a TV or live stream the BBC.
Nope, the coverage was expanded when streaming became popular.
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Post by: blood reaper
alphaecho wrote:
'It's what allows the BBC to be a Marxist cesspit producing any old crap knowing they can threaten a granny with prison if it isn't paid while throwing £2million to Gary Lineker to talk about football'.
Anyone who believes this is most likely suffering from a serious head trauma and 100% has YouTube recommendations filled with videos of angry men screaming at TV licence inspectors.
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Post by: Olthannon
It would be nice if companies and institutions in this country could exist to provide a good service and not have to be forced into pushing for profit because of total lack of funding.
But since that is the miserable system which people seem to extol virtues for so we pay the price for our little plastic men.
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Post by: Eldarsif
xttz wrote: Daedalus81 wrote:yukishiro1 wrote: Kid_Kyoto wrote:Companies really need to realize their shareholder reports are public documents.
You don't get to brag about record profits in one outlet and the plead poverty in another one.
Sure you do, you just need a legion of unpaid promoters who will defend your actions no matter what.
Record profits were during pandemic shutdown. Their profit dropped a fair amount (obviously not in a manner to cry poverty ) on the last report and people here were just recently claiming ( again ) that it was the death knell due to 3D printing, so...maybe some people just value objectivity over drama.
It's likely that the difference between the two years was a popular 40k edition launch in summer 2020 versus an underwhelming AOS launch in summer 2021. Based on how many Dominion boxes are still around I'm sure their sales targets weren't close to being met.
I reckon that's one of the reasons we're now seeing a strong push on 40k releases before the end of the fiscal year in June. It's telling that AOS is on track to get just four new character models by summer while 40k is looking likely to have 6+ codexes and many new model releases in the same timeframe.
Wasn't there a thread in News & Rumors that AoS exceeded their expectations? 2021 was relatively huge in AoS releases compared to 40k so I imagine they are trying to zig-zag the release schedule. Last year we had new/updated Soulblight as well as brand new Hedonites, Stormcasts, and new Orruks which apparently sold really well. The big release in that timeframe for 40k was Beastsnaggas and SoB with a smaller release with Black Templars. I would not be surprised if they would want to shake their release schedule from year to year, and that is before counting all the release delays due to BREXIT and COVID.
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Post by: The Phazer
Gert wrote:
Y'know what's even better? If you stream anything at all on any device, phone, tablet, computer, whatever, you still have to pay the license fee.
The problem is that it does provide a service, like how paying taxes pays for things like the NHS, and just because you might not use that service ever doesn't mean it shouldn't be there. The BBC does like 60 odd radio stations, 9 TV channels, a news service that is nominally "independent" and stuff like the BBC World Service.
That being said, if you're lucky like me, the licensing authority has no support from the local government in enforcing payment of the fee so it's not really something people here care/worry about.
Automatically Appended Next Post:
alphaecho wrote:The only way to legally not pay it is to watch Netflix, Amazon Prime and so on through a computer and not own a TV or live stream the BBC.
Nope, the coverage was expanded when streaming became popular.
This isn't correct. You only have to pay a license fee in the UK when streaming if you stream live, broadcast content, or if you stream BBC content via iPlayer.
On-demand streaming from Netflix/Amazon et al does not require a License Fee to be paid.
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Post by: Overread
The BBC are not perfect (heck considering almost the entire Top Gear production team left working for them in one go to jump to Amazon suggests more than one punch caused the shift) and have some bad apples; but in general terms it produces some fantastic stuff. There's a reason the BBC wildlife programs are almost second to none and why so many programs are viewed the world over.
The licence per person is also pretty small by all counts - £160 per household per year. Granted things like Amazon Prime are cheaper at around £80-90 - though Amazon makes up for that by then making money off purchases that you're bound to make because now you'v got free postage. Automatically Appended Next Post: The Phazer wrote:
This isn't correct. You only have to pay a license fee in the UK when streaming if you stream live, broadcast content, or if you stream BBC content via iPlayer.
On-demand streaming from Netflix/Amazon et al does not require a License Fee to be paid.
Yep that's how I understood it too. For a time BBC iPlayer let you watch catch-up without any licence registration, but I think now you have to in order to access it (its been ages since I use catch up via pc/internet).
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Post by: alphaecho
blood reaper wrote:alphaecho wrote:
'It's what allows the BBC to be a Marxist cesspit producing any old crap knowing they can threaten a granny with prison if it isn't paid while throwing £2million to Gary Lineker to talk about football'.
Anyone who believes this is most likely suffering from a serious head trauma and 100% has YouTube recommendations filled with videos of angry men screaming at TV licence inspectors.
I refuse to pay it now Eggheads has moved to Channel 5 and will only resume when the Beeb starts reshowing Neighbours following Channel 5 dropping the show.
I'm lying. I can never stop while Countryfile is still a thing.
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Post by: Overread
alphaecho wrote: blood reaper wrote:alphaecho wrote:
'It's what allows the BBC to be a Marxist cesspit producing any old crap knowing they can threaten a granny with prison if it isn't paid while throwing £2million to Gary Lineker to talk about football'.
Anyone who believes this is most likely suffering from a serious head trauma and 100% has YouTube recommendations filled with videos of angry men screaming at TV licence inspectors.
I refuse to pay it now Eggheads has moved to Channel 5 and will only resume when the Beeb starts reshowing Neighbours following Channel 5 dropping the show.
I'm lying. I can never stop while Countryfile is still a thing.
I have to admit whilst its far more entertainment focused, I'd rather watch Clarksons Farm over Countryfile. Countryfile always feels so - sterile - a view of the countryside. Or at least only seems to look at it through a very specific focal point.
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Post by: kodos
Eldarsif wrote:Wasn't there a thread in News & Rumors that AoS exceeded their expectations?
GW wrote into their report that AoS 3rd was the biggest Fantasy Launch ever, without any hint by what margins (as it could be from most core boxes sold to most core boxes produced or even most ads on youtube)
but GW also counted the number of "how often an AoS Trailer showed up on the YT feed front page" as views to give the shareholders an impression how popular the IP is
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Post by: alphaecho
Wildly OT now. The main thing about the Licence is what independent company would consider investing in and making Countryfile if they had to sell it to make a profit. The Beeb have that guaranteed income stream to make niche programs.
Now, when my cousin moved to the Netherlands in the late 80s, she loved being able to watch Eastenders via the Beeb signal without having to pay the fee.
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Post by: Eldarsif
kodos wrote: Eldarsif wrote:Wasn't there a thread in News & Rumors that AoS exceeded their expectations?
GW wrote into their report that AoS 3rd was the biggest Fantasy Launch ever, without any hint by what margins (as it could be from most core boxes sold to most core boxes produced or even most ads on youtube)
but GW also counted the number of "how often an AoS Trailer showed up on the YT feed front page" as views to give the shareholders an impression how popular the IP is
I just think the sales of Dominion is a really bad metric to gauge interest in AoS. Indomitus had one of the largest selling miniature line in history of miniatures(Space Marines), whereas Dominion had Stormcast and new orc range. Even people who complain about Space Marines buy Space Marines, that's how well that gak sells.
So if GW really wanted to end the fiscal year on a high note they should technically be selling us more Space Marines and a 2.0 Codex for 9th. It would infuriate a lot of people, but GW's wallets would explode.
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Post by: blood reaper
alphaecho wrote: blood reaper wrote:alphaecho wrote:
'It's what allows the BBC to be a Marxist cesspit producing any old crap knowing they can threaten a granny with prison if it isn't paid while throwing £2million to Gary Lineker to talk about football'.
Anyone who believes this is most likely suffering from a serious head trauma and 100% has YouTube recommendations filled with videos of angry men screaming at TV licence inspectors.
I refuse to pay it now Eggheads has moved to Channel 5 and will only resume when the Beeb starts reshowing Neighbours following Channel 5 dropping the show.
I'm lying. I can never stop while Countryfile is still a thing.
99.99% of people can probably just watch Beeb programmes by simply saying "Yes, I have a TV licence' on BBC iPlayer - it's not like they force you to do a check or anything. They just take you at your word. It's great.
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Post by: alphaecho
I have no overall issue with the fee. I watch a lot of the Beeb.
I find Lineker's pay a little obscene though. My personal opinion is that the Beeb should have a set maximum wage. If any 'Talent' feel they're worth more, they and their Agents can venture out into the free market.
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Post by: Glumy
Eldarsif wrote: So if GW really wanted to end the fiscal year on a high note they should technically be selling us more Space Marines and a 2.0 Codex for 9th. It would infuriate a lot of people, but GW's wallets would explode.
That is what Horus Heresy 2.0 is for. I am very interested in this because its my main system.
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Post by: Eldarsif
Glumy wrote: Eldarsif wrote: So if GW really wanted to end the fiscal year on a high note they should technically be selling us more Space Marines and a 2.0 Codex for 9th. It would infuriate a lot of people, but GW's wallets would explode.
That is what Horus Heresy 2.0 is for. I am very interested in this because its my main system.
Me too. Although I fear that with the tank and everything the box will be next level pricing.
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Post by: vipoid
Gert wrote:
The problem is that it does provide a service, like how paying taxes pays for things like the NHS, and just because you might not use that service ever doesn't mean it shouldn't be there. The BBC does like 60 odd radio stations, 9 TV channels, a news service that is nominally "independent" and stuff like the BBC World Service.
On the underlined point, I think it does raise the question of whether everyone should still be paying for said service if only a minority are actually using it.
This is a licence that dates back to an era when TVs had maybe 3 channels, and two of them were the BBC.
I think one can fairly make a case that there is no longer such a dearth of TV channels that a state-broadcaster is necessary (and this isn't even considering all the internet-based programs and such).
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Post by: Billicus
That kind of thinking is how we end up with nothing but reality shows on TV and the top 40 on the radio - if anything that should all be left to the private sector and the BBC focus on more specialist stuff
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Post by: lord_blackfang
vipoid wrote:I think one can fairly make a case that there is no longer such a dearth of TV channels that a state-broadcaster is necessary (and this isn't even considering all the internet-based programs and such).
If one wanted to argue that any content that isn't commercially viable shouldn't exist.
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Post by: puree
On the underlined point, I think it does raise the question of whether everyone should still be paying for said service if only a minority are actually using it.
Which in turn raises the question of whether the mark of a decent society is how it provides for minorities and marginalised groups, even though it means the majority pay for something they will not access or need. If I don't pay for service X that I don't use should the same apply to service Y. E.g. The majority pay for council services that they will never use, but are of huge benefit for minority and marginalised groups.
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Post by: kodos
it is funny how this threat turned into "should Solidarity exist?"
and yes, all of us paying for something, so the price for everyone stays low, to produce things that just a minority needs and won't be able to afford otherwise, should be the standard not the exception
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Post by: Mad Doc Grotsnik
lord_blackfang wrote: vipoid wrote:I think one can fairly make a case that there is no longer such a dearth of TV channels that a state-broadcaster is necessary (and this isn't even considering all the internet-based programs and such).
If one wanted to argue that any content that isn't commercially viable shouldn't exist.
Think it’s time for an OT Topic to discuss the BBC.
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Post by: Ouze
JohnnyHell wrote: H.B.M.C. wrote:You only seem to enter threads to comment on the people discussing the topic.
HBMC complaining about people complaining about people is a bit rich.
Cheers for the chuckle. Needed that this morning! I’ll leave you to the ill-informed armchair financial analytics and politics-ban-breaching side spats. Because there isn’t anything of value in this thread. No one likes prices rises. I think it sucks. But a circle jank of whining about it with bonus infighting achieves what exactly?
Remarkable that you could look at the title of a topic, know exactly what it will contain, drop a turd into it, roll around in it, and then flap away while proclaiming you're above this.
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Post by: John Prins
Overall I've never had an issue with GW being highly profitable. They are a non-essential good, and GW being profitable lets them take risks with product launches. I don't think we'd have gotten (edit: PLASTIC) Necromunda or Kill Team or Blood Bowl if Games Workshop had a 4-7% profit margin. I don't think we'd get multiple weekly releases if GW had a 4-7% profit margin. I remember when GW was a private company and you'd see one new plastic kit a month along side a handful of metal casts.
I have bigger issues with their game design, especially Codex design and edition churn, which is basically a lot of money for a big hardcover that's invalid 2 years after it's purchased. I don't buy many army books these days - they take up a ton of shelf space and are way too expensive. In earlier editions the perfect bound 48 page books were way easier to manage for the exact same real functionality in playing the game. They were also cheap enough to be disposable and editions lasted longer.
A 10% price hike in books just makes them even more unattractive.
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Post by: yukishiro1
Dudeface wrote:To the people who are saying they should just absorb the increased costs via the profits.
How would you like it if your employer had to pay increased tax for you as an employee, so they're using your pay rise to cover it, so rather than keeping up with the cost of living you're comparatively worse off?
Yes they're putting prices up out of a form of need/greed, yes they could absorb them, but they're obligated not to and there's no reason the owners of the company (stakeholders) should de facto take the hit, simply because the customers don't like paying more.
Why do people continue to repeat this nonsense? This simply is not true. There is no obligation, legal or otherwise, for a company to always put the pursuit of short-term profits above all other considerations. It does not exist. It was made up out of whole cloth by some right-wing economists to justify a right-wing economic agenda, and it took decades for it to actually catch on because it was such a radical departure from prior ideas. It has never become the law; it remains in the domain of right-wing pontification, even if it's managed to enter the common consciousness. Even the people they credit like Hayek didn't actually believe the radical version of the theory that's become "common sense" to legions of duped people on the internet.
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Post by: Dudeface
yukishiro1 wrote:Dudeface wrote:To the people who are saying they should just absorb the increased costs via the profits.
How would you like it if your employer had to pay increased tax for you as an employee, so they're using your pay rise to cover it, so rather than keeping up with the cost of living you're comparatively worse off?
Yes they're putting prices up out of a form of need/greed, yes they could absorb them, but they're obligated not to and there's no reason the owners of the company (stakeholders) should de facto take the hit, simply because the customers don't like paying more.
Why do people continue to repeat this nonsense? This simply is not true. There is no obligation, legal or otherwise, for a company to always put the pursuit of short-term profits above all other considerations. It does not exist. It was made up out of whole cloth by some right-wing economists to justify a right-wing economic agenda, and it took decades for it to actually catch on because it was such a radical departure from prior ideas. It has never become the law; it remains in the domain of right-wing pontification, even if it's managed to enter the common consciousness. Even the people they credit like Hayek didn't actually believe the radical version of the theory that's become "common sense" to legions of duped people on the internet.
Nothing you wrote contradicted what I said. Again, they're not obligated to absorb additional overheads, just the same way they're not obliged to maximise profits. Legally or otherwise.
They've made a choice to pass on the increased operating costs to protect the interests of the stakeholders, simple as that.
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Post by: Mad Doc Grotsnik
Yukoshiro has also just sort of decided this is a decision made looking only to the short term.
I have to question the basis of that assertion. None of us in this thread have anywhere near the info GW does.
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Post by: frogert_poj
Wasn't there a thread in News & Rumors that AoS exceeded their expectations? 2021 was relatively huge in AoS releases compared to 40k so I imagine they are trying to zig-zag the release schedule. Last year we had new/updated Soulblight as well as brand new Hedonites, Stormcasts, and new Orruks which apparently sold really well. The big release in that timeframe for 40k was Beastsnaggas and SoB with a smaller release with Black Templars. I would not be surprised if they would want to shake their release schedule from year to year, and that is before counting all the release delays due to BREXIT and COVID.
I want to say Dominion is the most overstocked product in Warhammer history? I see some stores still have over 50 copies. That is worse than Dreadfleet from memory. And I am suspicious of Hedonites and Soulblight having sold so well. Both are in the new 2021 Battleforce boxes (still available at allot of places).
Seems to me like their having problems moving large discount boxes. a knockdown effect of prices getting out of control IMHO. Maybe in a few years we will see Battleforces featuring 10 basic troop models on 2 infantry sprues and that will be "considered" a great deal.
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Post by: frankelee
It is weird that their 2 army boxes have like 17 models and cost well over $100. I think one downside to their incredibly high prices is that you need to hit the bullseye when you make a new model or release a new set. GW fans have plenty of money for them, but they can't look at a Dominion box set and think, "Meh, it's fine." The visceral desire has to land strongly, or else the other side of the scale (the gigantic cost) will outweigh it.
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Post by: Whirlwind
Mad Doc Grotsnik wrote:Yukoshiro has also just sort of decided this is a decision made looking only to the short term.
I have to question the basis of that assertion. None of us in this thread have anywhere near the info GW does.
It's standard to work on a 5 year cycle at the CEO/CFO level. It's the expectation from the shareholder market. Quick returns and benefits as it were. If you don't you tend to find that you are looking for another job. Hence many also work to a short term profit basis without real consideration of the consequences (one would argue that applies at the wider national level as well).
Whether this is profit orientated I'm not so sure or whether they are fighting a battle to maintain. The last profit report showed a substantial decrease in profits from the core business. It was only really selling their IP that kept it looking good - IIRC I commented on this previously. However GW is mainly based in the UK and has some massive head winds that have probably already put us into recession after you screen out growth from inflation. In the UK specifically you have:-
Shortage of staff
An internal freight system that is broken with huge delays at ports for haulage vehicles
A shipping freight system that has seen massive increases in costs
Shortage of supplies (above just the more well known chips compounded by the above)
Significant increases in costs to move goods into and out of the EU (noting a lot of goods go through Rotterdam port)
Huge energy price increases (noting that householders are protected by a price cap but businesses are not so businesses are currently being used to offset the householder cost - so they see it indirectly)
There's a plastic packaging tax using less than 30% recycled material (e.g. sprues)
So inflation is running at 7.7% (RPIx) and essentials are much higher (fuel, food etc) and that's before you take into account shrinking in product sizes.
Hence they may need to increase prices just to stand still.
If we look at what is going up
Plastics - 5% (some energy costs, tax, staffing pay)
Metals/Resins - 20% (the above plus even more energy costs)
Books - 10% from China probably (shipping and import costs)
They've also got the capital investment to pay off - there is a risk here now. Price increases (not only GWs but the horrendous food/fuel bills) will reduce luxury expenditure - hence each item is likely to be sold per unit less. The way to manage this is to decrease content per box and/or put prices up
Things that haven't gone up are starter sets (not too expensive that drives away new starters, and products with high competition and are already expensive in comparison).
It's going to be a tough few years in the UK at least.
Some of this is COVID based, but a lot is from self-inflicted wounds...(which was predicted  )
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Post by: yukishiro1
Dudeface wrote:yukishiro1 wrote:Dudeface wrote:To the people who are saying they should just absorb the increased costs via the profits.
How would you like it if your employer had to pay increased tax for you as an employee, so they're using your pay rise to cover it, so rather than keeping up with the cost of living you're comparatively worse off?
Yes they're putting prices up out of a form of need/greed, yes they could absorb them, but they're obligated not to and there's no reason the owners of the company (stakeholders) should de facto take the hit, simply because the customers don't like paying more.
Why do people continue to repeat this nonsense? This simply is not true. There is no obligation, legal or otherwise, for a company to always put the pursuit of short-term profits above all other considerations. It does not exist. It was made up out of whole cloth by some right-wing economists to justify a right-wing economic agenda, and it took decades for it to actually catch on because it was such a radical departure from prior ideas. It has never become the law; it remains in the domain of right-wing pontification, even if it's managed to enter the common consciousness. Even the people they credit like Hayek didn't actually believe the radical version of the theory that's become "common sense" to legions of duped people on the internet.
Nothing you wrote contradicted what I said.
I even highlighted the bit it directly contradicts. You didn't say "they're not obligated to" lower their margins, you said "they're obligated not to" lower their margins. That is flat-out wrong, and it's an extremely common and extremely pernicious talking point, hence why I refute it every time I see it.
If you didn't mean what you wrote that's fine, but it is what you wrote.
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Post by: Cruentus
Mad Doc Grotsnik wrote:Yukoshiro has also just sort of decided this is a decision made looking only to the short term.
I have to question the basis of that assertion. None of us in this thread have anywhere near the info GW does.
That's also the decision Dakka made about Kirby's decisions during his era - constant price hikes (selling less for more per unit), yet no one said "we don't have anywhere near the info GW does."
Kirby was soundly (and deservedly) trashed for his short sighted and short term decision making. Just because GW is "nuGW" now, and has a social media presence, doesn't give them a pass for raising prices amid historical profits.
But what do I know, I stopped buying from them for exactly these reasons - the product wasn't worth the asking price anymore (and I have enough disposable income, as well as a son (right in GWs target demographic) who loves the lore, but also shakes his head at the prices).
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Post by: catbarf
yukishiro1 wrote:Dudeface wrote:yukishiro1 wrote:Dudeface wrote:To the people who are saying they should just absorb the increased costs via the profits.
How would you like it if your employer had to pay increased tax for you as an employee, so they're using your pay rise to cover it, so rather than keeping up with the cost of living you're comparatively worse off?
Yes they're putting prices up out of a form of need/greed, yes they could absorb them, but they're obligated not to and there's no reason the owners of the company (stakeholders) should de facto take the hit, simply because the customers don't like paying more.
Why do people continue to repeat this nonsense? This simply is not true. There is no obligation, legal or otherwise, for a company to always put the pursuit of short-term profits above all other considerations. It does not exist. It was made up out of whole cloth by some right-wing economists to justify a right-wing economic agenda, and it took decades for it to actually catch on because it was such a radical departure from prior ideas. It has never become the law; it remains in the domain of right-wing pontification, even if it's managed to enter the common consciousness. Even the people they credit like Hayek didn't actually believe the radical version of the theory that's become "common sense" to legions of duped people on the internet.
Nothing you wrote contradicted what I said.
I even highlighted the bit it directly contradicts. You didn't say "they're not obligated to" lower their margins, you said "they're obligated not to" lower their margins. That is flat-out wrong, and it's an extremely common and extremely pernicious talking point, hence why I refute it every time I see it.
If you didn't mean what you wrote that's fine, but it is what you wrote.
Also, it's not like the only options for a company reporting record profits year after year are 'raise prices' and 'under-compensate employees'. If a company chose to gut employee compensation rather than slightly reduce shareholder dividends, that would speak volumes about it as an organization.
GW doesn't have to eat cost increases, but neither do they they to raise prices either; it's a choice that isn't immune to criticism simply because GW is a profit-oriented company. Nobody here really thinks the correct choice is automatically the one that results in maximal short-term profit (unless there are people legitimately upset that GW doesn't abuse tax loopholes, doesn't outsource all their production to China, and pays bonuses to staff from time to time), it's just an excuse.
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Post by: Polonius
Cruentus wrote:That's also the decision Dakka made about Kirby's decisions during his era - constant price hikes (selling less for more per unit), yet no one said "we don't have anywhere near the info GW does."
Kirby was soundly (and deservedly) trashed for his short sighted and short term decision making. Just because GW is "nuGW" now, and has a social media presence, doesn't give them a pass for raising prices amid historical profits.
But what do I know, I stopped buying from them for exactly these reasons - the product wasn't worth the asking price anymore (and I have enough disposable income, as well as a son (right in GWs target demographic) who loves the lore, but also shakes his head at the prices).
I'm not sure I believe that. there were always people who more were willing to defend GW to all comers, and even a contingent that basically said "everybody predicted that the last price hike would kill GW, and we're still here!"
I mean, price increases suck. Nobody wants to pay more for less. But GW has spent virtually the entire two decades I've spent in the hobby aggressively field testing how inelastic demand for it's products really are. I remember the big jump for regiment/squad boxes, going from $20 to $25 (Often for 20 WFB figs!), so arguing about 10 ork boys going form $50 to $55 is just something I'm tired of.
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Post by: Mad Doc Grotsnik
Cruentus wrote: Mad Doc Grotsnik wrote:Yukoshiro has also just sort of decided this is a decision made looking only to the short term.
I have to question the basis of that assertion. None of us in this thread have anywhere near the info GW does.
That's also the decision Dakka made about Kirby's decisions during his era - constant price hikes (selling less for more per unit), yet no one said "we don't have anywhere near the info GW does."
Kirby was soundly (and deservedly) trashed for his short sighted and short term decision making. Just because GW is "nuGW" now, and has a social media presence, doesn't give them a pass for raising prices amid historical profits.
But what do I know, I stopped buying from them for exactly these reasons - the product wasn't worth the asking price anymore (and I have enough disposable income, as well as a son (right in GWs target demographic) who loves the lore, but also shakes his head at the prices).
My point here is that Yukoshiro has gone with a claim solely to supportive a given narrative.
My counter is that none of us, at all, have anything like enough information on projections and that compared to GW. And so I question the assertion it’s short term planning.
It may be. But we don’t know that. My posts in this thread are largely about challenging misinformation and misrepresentation. Such as those pointing out the rises are higher than inflation, who don’t seem aware how inflation is calculated, and that it by no means acts as the upper limit for price increases.
Here’s some interesting and relevant BBC News articles.
US Inflation is now 7.5% https://www.bbc.co.uk/news/business-60336676
Unilever warns of further price increases across their ranges, Next (a clothes shop) upping prices by 6%, Tesco warning food costs could jump by another 5% over Spring. https://www.bbc.co.uk/news/business-60324332
Those two articles alone rather cast doubt on the claim “ Gw Are Just Being Greedy”, do they not?
Basically, when we look at the wider picture, and are not just tying to drive a narrative? We get a far clearer perspective.
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Post by: lord_blackfang
The true untergang was going from 20€ for 20 figs to 15€ for 10 of the very same figs, or 25€ for 10 new sculpts.
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Post by: Voss
Mad Doc Grotsnik wrote: Cruentus wrote: Mad Doc Grotsnik wrote:Yukoshiro has also just sort of decided this is a decision made looking only to the short term.
I have to question the basis of that assertion. None of us in this thread have anywhere near the info GW does.
That's also the decision Dakka made about Kirby's decisions during his era - constant price hikes (selling less for more per unit), yet no one said "we don't have anywhere near the info GW does."
Kirby was soundly (and deservedly) trashed for his short sighted and short term decision making. Just because GW is "nuGW" now, and has a social media presence, doesn't give them a pass for raising prices amid historical profits.
But what do I know, I stopped buying from them for exactly these reasons - the product wasn't worth the asking price anymore (and I have enough disposable income, as well as a son (right in GWs target demographic) who loves the lore, but also shakes his head at the prices).
My point here is that Yukoshiro has gone with a claim solely to supportive a given narrative.
My counter is that none of us, at all, have anything like enough information on projections and that compared to GW. And so I question the assertion it’s short term planning.
It may be. But we don’t know that. My posts in this thread are largely about challenging misinformation and misrepresentation. Such as those pointing out the rises are higher than inflation, who don’t seem aware how inflation is calculated, and that it by no means acts as the upper limit for price increases.
Here’s some interesting and relevant BBC News articles.
US Inflation is now 7.5% https://www.bbc.co.uk/news/business-60336676
Unilever warns of further price increases across their ranges, Next (a clothes shop) upping prices by 6%, Tesco warning food costs could jump by another 5% over Spring. https://www.bbc.co.uk/news/business-60324332
Those two articles alone rather cast doubt on the claim “ Gw Are Just Being Greedy”, do they not?
Basically, when we look at the wider picture, and are not just tying to drive a narrative? We get a far clearer perspective.
I mean, sure. We can look at a different country's inflation rate and some unrelated industries' costs, and claim that the defense of the price rise is a 'clearer perspective' rather than 'driving a narrative,' but...
mostly it just looks like you have a different narrative than yukoshiro, and don't like disagreement with your defense of GW.
Admitting up front that you don't have information, and none of us can know doesn't make your stance better, just hypocritical.
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Post by: yukishiro1
Mad Doc Grotsnik wrote:Yukoshiro has also just sort of decided this is a decision made looking only to the short term.
I have to question the basis of that assertion. None of us in this thread have anywhere near the info GW does.
I didn't make any claim, you made one and pretended I made it. Which is a poor way to argue.
All I was doing was refuting the perniciously wrong statement made by another poster (whether or not he meant to) that GW was "obligated" not to absorb cost increases. There is no such obligation, legal or otherwise, for management to prioritize margins, whether short-term or long-term. Arguing over whether raising prices in alleged response to the immediate economic environment is a short-term decision or not is a red herring and I have no interest in getting into that argument.
Management's obligation is to act in the best interests of the company. If the shareholders disagree with management as to what that is, they can always replace the management team - but that hardly ever happens, for good reason. It certainly doesn't happen to companies with 40% margins. No investors are going to replace the management because margins decrease modestly during a global pandemic, when those margins are still extraordinarily large by any normal standard. Going from 40% margins to 30% margins doesn't result in a shareholder coup. Shareholders aren't that fickle or stupid.
This is a choice GW made, and it bears the responsibility for that choice. All I was objecting to was the efforts by many in this thread to try to absolve GW of responsibility for its own decisions by suggesting in various ways that somehow their hands were tied and they had no choice. That transparently is not the case here.
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Post by: Dudeface
yukishiro1 wrote: Mad Doc Grotsnik wrote:Yukoshiro has also just sort of decided this is a decision made looking only to the short term.
I have to question the basis of that assertion. None of us in this thread have anywhere near the info GW does.
I didn't make any claim, you made one and pretended I made it. Which is a poor way to argue.
All I was doing was refuting the perniciously wrong statement made by another poster (whether or not he meant to) that GW was "obligated" not to absorb cost increases. There is no such obligation, legal or otherwise, for management to prioritize margins, whether short-term or long-term. Arguing over whether raising prices in alleged response to the immediate economic environment is a short-term decision or not is a red herring and I have no interest in getting into that argument.
Management's obligation is to act in the best interests of the company. If the shareholders disagree with management as to what that is, they can always replace the management team - but that hardly ever happens, for good reason. It certainly doesn't happen to companies with 40% margins. No investors are going to replace the management because margins decrease modestly during a global pandemic, when those margins are still extraordinarily large by any normal standard. Going from 40% margins to 30% margins doesn't result in a shareholder coup. Shareholders aren't that fickle or stupid.
This is a choice GW made, and it bears the responsibility for that choice. All I was objecting to was the efforts by many in this thread to try to absolve GW of responsibility for its own decisions by suggesting in various ways that somehow their hands were tied and they had no choice. That transparently is not the case here.
Yup, and to the other reference to my post above, it was fat handed part-rewritten sentences, not obligated is indeed the correct way round for those 2 words. So primarily agree, although simultaneously I don't think they need "absolving" of anything still, as that suggests a foul play/move of some variety. Simply they made a choice and it is what it is, doesn't make them any more or less evil.
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Post by: xttz
yukishiro1 wrote:
I even highlighted the bit it directly contradicts. You didn't say "they're not obligated to" lower their margins, you said "they're obligated not to" lower their margins. That is flat-out wrong, and it's an extremely common and extremely pernicious talking point, hence why I refute it every time I see it.
If you didn't mean what you wrote that's fine, but it is what you wrote.
While it's true that there's no legal requirement for a CEO & directors to maintain or improve profit margins, there is an implicit requirement due to the fact that shareholders control appointment of board members.
If a majority of UK companies and all of GW's suppliers are raising their prices by 5% or more (~50% in the case of energy costs), most shareholders would be very interested in asking the board why GW are not also doing the same. A CEO can justify a dip a profits to them by explaining that it's due to investment or economic conditions or covid, etc. They faaaaar less likely to be able to justify it by saying "we can't increase prices in line with inflation because customers will complain on the Internet". Lowered profitability will result in reduced share prices and unhappy shareholders. Sustained lowered profitability will result in a new board and/or CEO.
What's more, over 40% of GW's stock is known to be owned by investment funds or trusts like JP Morgan or Baillie Gifford. These are companies that will drop what they consider to be a bad or underperforming investment with zero hesitation. They don't give a dusty fluff about anyone's opinion on plastic model prices, they care about two things and only two things:
Share price of their investments increasingDividends from their investments
Unfortunately the fundamental rule of capitalism is number must go up.
Eagerly looking forward to someone calling me a shill for accurately describing how the system works.
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Post by: yukishiro1
To the extent that you're describing abstract economic concepts, that's fine. But they have little application to the situation here. GW's shareholders weren't about to revolt if management decided that it's a better idea to prioritize growth than increase prices, even if it means margins decrease from 44% to 3x% or whatever it happens to be. It just isn't going to happen.
GW's margins are world-beating, and that is true whether or not they went forward with this price increase. If GW's CEO had instead said "we know costs are up a bit in the last year, but we raised prices twice in the last two years precisely to allow us to weather this sort of disruption and keep growing the hobby and we want to continue doing that" that's a perfectly valid answer and is as likely to increase the share price as decrease it when backed up by financials that show that it's true that GW is under no real pressure.
But more to the point, GW increases prices every year. It's a no-brainer for them from a PR perspective to say that this year it's because of increased costs. They were going to increase those prices no matter what; you may as well take advantage of a crisis to cover what you were going to do anyway. This decision was no more or less compelled than any of those prior decisions. They're all choices GW has made to attempt to prioritize revenues from each customer at the possible expense of shrinking the total customer pool. That's a decision they can be fairly assessed and reacted to without having to pretend they're forced into this against their will by evil shareholders or by world economic conditions or whatever other excuse someone comes up with.
That's my only real point here. GW isn't a victim without agency. They made a choice, and it's perfectly reasonable to judge them on it, however one chooses to do so.
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Post by: Skinnereal
What is GW's actual % of a rise? It isn't 20%, as that is just for a few kits. Some items are not going up in price at all. But, some companies say:
"Unilever ... increases across their ranges,
Next upping prices by 6%,
Tesco warning food costs could jump by another 5%".
GW might be 5% across the whole range, too. Probably more like 10%, but whatever.
GW uses a lot of electricity to make their kits, as we know from the reports of the substation upgrades, etc, earlier in the past year. Energy is currently one of the highest rises in prices in the UK at the moment. Energy is not just used to make plastic kits, but GW is a bigger user than most companies.
So, GW always raises prices. This time, so is everyone else. Is GW raising theirs by more than most, or just around average for now?
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Post by: ListenToMeWarriors
Amazed to see that this thread continued after the TV licence side quest.
Some well thought out and considered responses here, alternatively a lot of you have far too much time on your hands and should go out for a drink or attempt to get laid.
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Post by: BlackoCatto
Maybe it's time for people to start playing different games (maybe easily even better games).
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Post by: Laughing Man
Skinnereal wrote:What is GW's actual % of a rise? It isn't 20%, as that is just for a few kits.
On average, not sure. But they've stated 5% for plastics, 10% for resin, and 20% for metal kits.
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Post by: drbored
ListenToMeWarriors wrote:Amazed to see that this thread continued after the TV licence side quest.
Some well thought out and considered responses here, alternatively a lot of you have far too much time on your hands and should go out for a drink or attempt to get laid.
Says another one putting in their 2 pence instead of getting a drink or getting laid.
Only reason I'm here is to see how far we've gotten with the argument. Half my friends are livid, half are understanding. I think today's Tabletop Inquirer actually hit the nail on the head, the idea that after 2 years of inflation of 7%, Games Workshop sticks it to hobbyists with a 5% increase.
I am a little insulted by the increase to books, especially since many of the books GW has been putting out aren't worth their prices even if you dropped them by 20%, but I don't buy those campaign books or tournament brochures anyway.
But, none of us actually know what's going on behind the scenes or in the minds of GW's C-suite. We can speculate and analyze their quarterly reports and the world situation, but at the end of the day it comes down to whether our individual wallets will bear the new expense.
One thing I've noticed about so many nerd hobbies and nerd companies is that they have to bend over backwards to appease their niche audience, while companies that do far worse things or have far greedier price hikes are ignored because they have a much larger customer base or demographic. Those companies A. don't give their customers warning that price hikes are coming a month in advance, and B. didn't keep most of their employees employed and paid their full salary through the entire pandemic.
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Post by: MaxT
My gas and leccy bill is about to go up by like £600/year, i don't give a fig about luxury product price increases.
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Post by: John Prins
ListenToMeWarriors wrote:Amazed to see that this thread continued after the TV licence side quest.
Some well thought out and considered responses here, alternatively a lot of you have far too much time on your hands and should go out for a drink or attempt to get laid.
Those hobbies are even more expensive!
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Post by: sandor1988
Indeed GW has no obligation to set their prices, myself and the others likewise do not have any obligation to buy from them! Nor are we charities to GW! Indeed my RT rulebook (not to mention Grimdark Future) says I can use any modes I want  (edit: and there are plenty of legal non-infringement STL/models available) And capitalism and supply and demand, my demand went away when tacticals hit $50.
I think now a lot of the 8th edition 'newcomers', who are already taken a bit aback by the 9th edition $$$ codex/book shuffle, are going to see the models with their new prices and are going to think twice. I bought a 3d printer some time ago. Now for my next hobby purchase, it is going to be begging my wife not for more warhammer but for a new 6k or 8k printer.
They better think twice about that new staff hire of 150 people mentioned a while back, I think demand will continue to go down Australia style. Soon the only profit will be through licensing via video games such as Total War. But this is the same organization whose leaders called video games 'a fad' back in the day. and i think the individual is gone but the same group from the 90s/early 2000s still runs the show.
another edit: like i like GW, I like everything about warhammer, but the word 'relationship' is used in the phrase 'business relationship' for a reason.
drbored wrote:
But, none of us actually know what's going on behind the scenes or in the minds of GW's C-suite.
speaking as someone who has worked with sales and even liked it and hope to return one day, what is going is a lot of thinking about making money! which is fine, that is what business is about! but one needs to be smart about it long term, something rarely seen in the corporate world, as global warming attests to!
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Post by: Dudeface
I'm sorry for posting a spikey bits link but I've not seen this anywhere else yet.
https://spikeybits.com/2022/02/the-list-of-over-3000-new-gw-price-increases-for-warhammer.html
Might as well have some prices to discuss rather than our financial morality debates.
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Post by: lost_lilliputian
Interesting list that on Spikey Bits.
First initial glance I'm seeing some odd pricings.
So some of the Custodes boxes won't change at all.
Then Blood Bowl Khorne team goes up 25%.
Maybe the Blood Bowl 20% was just a guideline?
Actually the more I look the more interesting things I find. Definitely seems like it's not standardized, even within the GW %'s given.
I feel sorry for USA cousins who just got into games like Blood Bowl for it's fun and cheap factor.
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Post by: Albertorius
Laughing Man wrote: Skinnereal wrote:What is GW's actual % of a rise? It isn't 20%, as that is just for a few kits.
On average, not sure. But they've stated 5% for plastics, 10% for resin, and 20% for metal kits.
Or Blood Bowl.
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Post by: alphaecho
ListenToMeWarriors wrote:Amazed to see that this thread continued after the TV licence side quest.
Some well thought out and considered responses here, alternatively a lot of you have far too much time on your hands and should go out for a drink or attempt to get laid.
If I knew anything about economics I'd be Four for Four.
Instead I'm on Four for Five actually because the attempt was successful.
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Post by: MoD_Legion
At least this means they wont stop selling Adeptus Titanicus I guess. Even though half of the items are now 'sold out online' (and have been a while) they are still getting a price rise.
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Post by: yukishiro1
That's a bizarre list. Looks less like a 20% increase on resin across the board and more like a decision to increase prices on Middle Earth stuff to match the premium price point of Warhammer minis.
Also, LOL @ Fyreslayers battle tome getting a price increase right before the new one comes out.
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Post by: Sgt. Cortez
When they said 10% more on Resin I had hoped it was just Failcast, I was wrong unfortunately, FWs already insane prices all go up...
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Post by: ecurtz
As some people have mentioned it's actually easy to tell how GW and other public companies are doing, you just have to look at the messaging for investors instead of customers. Go to https://investor.games-workshop.com/investment-research/ for such gems as.
"The company is highly cash generative, while funding investment in fixed and working capital to support its long-term growth strategy. The impressive growth and high cash conversion have supported strong returns to shareholders."
and
"Its loyal customers invest significant time and money in their collections, thus reducing the likelihood of switching to a different brand."
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Post by: BobtheInquisitor
ecurtz wrote:As some people have mentioned it's actually easy to tell how GW and other public companies are doing, you just have to look at the messaging for investors instead of customers. Go to https://investor.games-workshop.com/investment-research/ for such gems as.
"The company is highly cash generative, while funding investment in fixed and working capital to support its long-term growth strategy. The impressive growth and high cash conversion have supported strong returns to shareholders."
and
"Its loyal customers invest significant time and money in their collections, thus reducing the likelihood of switching to a different brand."
That last one sounds familiar.
“There is one good thing about [selling] to a [community] full of pea-brained yokels: I always know I’ve got them exactly where I want them.” —-RJ Fletcher.
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Post by: JohnnyHell
ecurtz wrote:As some people have mentioned it's actually easy to tell how GW and other public companies are doing, you just have to look at the messaging for investors instead of customers. Go to https://investor.games-workshop.com/investment-research/ for such gems as.
"The company is highly cash generative, while funding investment in fixed and working capital to support its long-term growth strategy. The impressive growth and high cash conversion have supported strong returns to shareholders."
and
"Its loyal customers invest significant time and money in their collections, thus reducing the likelihood of switching to a different brand."
You found messaging biased towards investors on their investor relations site? Noooooooo… tell me it ain’t so.
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Post by: queen_annes_revenge
BlackoCatto wrote:Maybe it's time for people to start playing different games (maybe easily even better games).
I for one will be dipping out of purchasing any new models for a good long while. Money isn't a huge issue for me, but this economical situation is the spur I need to stop buying and focus on my pile of unpainted models.
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Post by: BlackoCatto
queen_annes_revenge wrote: BlackoCatto wrote:Maybe it's time for people to start playing different games (maybe easily even better games).
I for one will be dipping out of purchasing any new models for a good long while. Money isn't a huge issue for me, but this economical situation is the spur I need to stop buying and focus on my pile of unpainted models.
If you do buy, try Frostgrave, very fun. If you like Historicals, Victrix gives you a bunch of beautiful minis for a good price. WGA as well is a sleeper hit and now made in the USA.
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Post by: Kid_Kyoto
BlackoCatto wrote:
If you do buy, try Frostgrave, very fun. If you like Historicals, Victrix gives you a bunch of beautiful minis for a good price. WGA as well is a sleeper hit and now made in the USA.
Star Grave is a lot of fun too, it just needs more kits.
Have not tried WGA yet but I think I might, and of course you all know I'm a fan of Reaper who are also bringing their plastic production back to the US.
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Post by: Billicus
Stargrave female crew box is coming soon. If Victrix ever decide to put their muscle into generic sci fi troops I will be a happy happy man.
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Post by: AngryAngel80
Dudeface wrote:yukishiro1 wrote:Dudeface wrote:To the people who are saying they should just absorb the increased costs via the profits.
How would you like it if your employer had to pay increased tax for you as an employee, so they're using your pay rise to cover it, so rather than keeping up with the cost of living you're comparatively worse off?
Yes they're putting prices up out of a form of need/greed, yes they could absorb them, but they're obligated not to and there's no reason the owners of the company (stakeholders) should de facto take the hit, simply because the customers don't like paying more.
Why do people continue to repeat this nonsense? This simply is not true. There is no obligation, legal or otherwise, for a company to always put the pursuit of short-term profits above all other considerations. It does not exist. It was made up out of whole cloth by some right-wing economists to justify a right-wing economic agenda, and it took decades for it to actually catch on because it was such a radical departure from prior ideas. It has never become the law; it remains in the domain of right-wing pontification, even if it's managed to enter the common consciousness. Even the people they credit like Hayek didn't actually believe the radical version of the theory that's become "common sense" to legions of duped people on the internet.
Nothing you wrote contradicted what I said. Again, they're not obligated to absorb additional overheads, just the same way they're not obliged to maximise profits. Legally or otherwise.
They've made a choice to pass on the increased operating costs to protect the interests of the stakeholders, simple as that.
Yeah you are correct they don't have to eat the loss of profit but I also don't have to buy into it and I won't. I suggest anyone who dislikes this not to either, break off the GW bread line and let them stew on it. They need the customers way more than we need them. I'd hazard to say most on this forum have enough armies and models to last a couple life times at least already. Dry up them money streams and then let's see what they have to say. They'll change course before they go out of business, unless they are totally morons at which point well, everyone gotta die some day Red.
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Post by: Dudeface
AngryAngel80 wrote:Dudeface wrote:yukishiro1 wrote:Dudeface wrote:To the people who are saying they should just absorb the increased costs via the profits.
How would you like it if your employer had to pay increased tax for you as an employee, so they're using your pay rise to cover it, so rather than keeping up with the cost of living you're comparatively worse off?
Yes they're putting prices up out of a form of need/greed, yes they could absorb them, but they're obligated not to and there's no reason the owners of the company (stakeholders) should de facto take the hit, simply because the customers don't like paying more.
Why do people continue to repeat this nonsense? This simply is not true. There is no obligation, legal or otherwise, for a company to always put the pursuit of short-term profits above all other considerations. It does not exist. It was made up out of whole cloth by some right-wing economists to justify a right-wing economic agenda, and it took decades for it to actually catch on because it was such a radical departure from prior ideas. It has never become the law; it remains in the domain of right-wing pontification, even if it's managed to enter the common consciousness. Even the people they credit like Hayek didn't actually believe the radical version of the theory that's become "common sense" to legions of duped people on the internet.
Nothing you wrote contradicted what I said. Again, they're not obligated to absorb additional overheads, just the same way they're not obliged to maximise profits. Legally or otherwise.
They've made a choice to pass on the increased operating costs to protect the interests of the stakeholders, simple as that.
Yeah you are correct they don't have to eat the loss of profit but I also don't have to buy into it and I won't. I suggest anyone who dislikes this not to either, break off the GW bread line and let them stew on it. They need the customers way more than we need them. I'd hazard to say most on this forum have enough armies and models to last a couple life times at least already. Dry up them money streams and then let's see what they have to say. They'll change course before they go out of business, unless they are totally morons at which point well, everyone gotta die some day Red.
I'd echo that anyone feeling that way is probably better off getting out for now. I will simply reduce the amount I buy (which in turn is less anyway), but at the end of the day a lot of people are harder up right now and don't put luxury goods ahead of being comfortable and secure financially anyway.
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Post by: AngryAngel80
Well people either will or they won't I suppose. I know I've gotten not one book this edition, as I said I wouldn't and honestly if I did I'd be pissed with how quick they are rendered trash these days.Now costing even more, on outdated trash in some cases like the Guard codex talk about a new player trap right there. These books aren't worth the price before the rise and even less so after.
These constant hikes then cries of how bad off the world is just come off lame with how often GW does this for no reason. It isn't to pay their people more, and sure as the sun will light the sky tomorrow they'll never lower the cost even if all things went back down days after the price rise. It's all one way and never the other. It's all about greed and never about just staying afloat and they don't feel bad about it for even one moment, the chads. They aren't our buddies or our pals or even someone we'd loan lunch money to.
It has nothing to do with being hard up, it has everything to do with being milked over and over by these sharks with smiling faces giving them croc tears of how rough things are for them. Things are rough for everyone and raising prices on the back of one of their biggest profits from lock down and all just comes off lame and tone deaf but then GW never minded looking bad, they can just say it isn't their fault. Remember this is the new GW gang, they love us all as long as we pay them.
In the end all that will be left is them mighty whales holding the company up on their backs at this rate. I used to argue that GW wasn't too bad considering other hobbies but each year that grows more and more false. Only thing good about it is the secondary market can charge also more and more and will based off the current price line they are selling kits at. Meaning some old purchases are only going up in value in real time. You'd most likely be able to sell old kits at half retail and still make exactly what you spent on them in the first place, that is crazy and only from a few years price rising.
At this point this is just a rant but really, this is silly. GW gonna GW but I don't think any of us should be feeling bad for the poor old company and their tough times, if this was a once in a long time deal, fair enough but its not and we'll see it soon again weather or not current situations improve, they don't need a reason they just have one this time.
Which in closing, leaves us all to say " GW I have nipples, think you can milk me ? " I leave it to you all to decide GW's response.
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Post by: xttz
AngryAngel80 wrote:
Which in closing, leaves us all to say " GW I have nipples, think you can milk me ? "
Not certain that this thread is an appropriate place for your weird GW slashfic...
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Post by: CragHack
I wonder, does this only apply to GW or FW as well. FW just raised their prices (secretly, without announcing!) in November or sometime around that time…
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Post by: Original Timmy
CragHack wrote:I wonder, does this only apply to GW or FW as well. FW just raised their prices (secretly, without announcing!) in November or sometime around that time…
The Spikey Bits link has BB star players going up @10% on average and they are all FW minis
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Post by: Tokhuah
GW stock plummeting by over 25% during the second half of 2021 certainly has nothing to do with this price hike.
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Post by: Gert
Tokhuah wrote:GW stock plummeting by over 25% during the second half of 2021 certainly has nothing to do with this price hike.
It doesn't.
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Post by: macluvin
AngryAngel80 wrote:Well people either will or they won't I suppose. I know I've gotten not one book this edition, as I said I wouldn't and honestly if I did I'd be pissed with how quick they are rendered trash these days.Now costing even more, on outdated trash in some cases like the Guard codex talk about a new player trap right there. These books aren't worth the price before the rise and even less so after.
These constant hikes then cries of how bad off the world is just come off lame with how often GW does this for no reason. It isn't to pay their people more, and sure as the sun will light the sky tomorrow they'll never lower the cost even if all things went back down days after the price rise. It's all one way and never the other. It's all about greed and never about just staying afloat and they don't feel bad about it for even one moment, the chads. They aren't our buddies or our pals or even someone we'd loan lunch money to.
It has nothing to do with being hard up, it has everything to do with being milked over and over by these sharks with smiling faces giving them croc tears of how rough things are for them. Things are rough for everyone and raising prices on the back of one of their biggest profits from lock down and all just comes off lame and tone deaf but then GW never minded looking bad, they can just say it isn't their fault. Remember this is the new GW gang, they love us all as long as we pay them.
In the end all that will be left is them mighty whales holding the company up on their backs at this rate. I used to argue that GW wasn't too bad considering other hobbies but each year that grows more and more false. Only thing good about it is the secondary market can charge also more and more and will based off the current price line they are selling kits at. Meaning some old purchases are only going up in value in real time. You'd most likely be able to sell old kits at half retail and still make exactly what you spent on them in the first place, that is crazy and only from a few years price rising.
At this point this is just a rant but really, this is silly. GW gonna GW but I don't think any of us should be feeling bad for the poor old company and their tough times, if this was a once in a long time deal, fair enough but its not and we'll see it soon again weather or not current situations improve, they don't need a reason they just have one this time.
Which in closing, leaves us all to say " GW I have nipples, think you can milk me ? " I leave it to you all to decide GW's response.
That’s how profit motives and successful businesses in capitalist systems work. Anyone that works any other way will cede economic dominance and power to someone else that is willing to do so. A for profit business’s job, no matter who or where is running it, is to extract as much product of labor for as little a price as they think they can get away with from their workers and to take that product and extract as much of their customer’s money as they think they can get away with. Unfortunately modern day capitalism favors businesses that incentivize or create a need within their market to keep you buying things. What they do with their printed material is no different than what smart phone manufacturers do with planned obsolescence to cause their phones to break down, as well as every other industry such as car manufacturers.
GW doesn’t actually have a choice but to prey on their customers because if they don’t someone else will and will proceed to dominate the niche market of tabletop war gaming. That’s just how things are and will continue to be and there is little we can do about it. I’ve not purchased a GW product for nigh on 4 years now but the growth of the company currently outpaces the frustration of customers. In order to change that you would need mass collective action of a majority of the customer base. These gradual increases in prices and innovative ways to drive you to purchase more products is what allowed GW to become the ONE big name in tabletop war gaming, and why no other gaming company has really been able to challenge GW.
You will either grin and bear it or you will stop consuming GW products and divorce yourself from the setting you love so much. Unfortunately the nostalgia and personal attachment keeps fools such as myself at least interested in the setting and game. We are slaves to nostalgia, owned by the IP that GW in turn owns, and is in turn slaves to another system that has already made these decisions for them.
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Post by: EviscerationPlague
You're not a "slave to nostalgia". Just stop giving them money even if you like the setting.
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Post by: lym121
The exclude China because they already have a 20% price increase last year.
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Post by: AllSeeingSkink
lym121 wrote:The exclude China because they already have a 20% price increase last year.
And they exclude Australia because their calculators couldn't count that high.
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Post by: privateer4hire
Thread winnah!!!!!!
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Post by: lord_blackfang
Tangentially related: Facebook has started flagging posts blaming inflation on corporate greed as fake news.
https://nypost.com/2022/02/17/facebook-instagram-put-fact-checks-on-certain-inflation-posts/
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Post by: axotl
Jeez let's not quote nypost lolol.
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Post by: zombie_sky_diver
I'm sure corporate greed is part of it.
I for one will be hitting the brakes on any new purchase for a long while. I did start a new army recently so might buy a couple things before the price hike but then make it my goal not to buy anything GW for the rest of the year.
I doubt GW will ever fail as a company, but I would love to see sales for those greedy pigs tank.
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Post by: Rolsheen
It's funny people complaining about a 5% increase on GW stuff. Have you seen how much Coca Cola just increased their prices 40-50% on 2lt bottles
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Post by: BobtheInquisitor
Ah yes, the famous yearly, inflation-surpassing Coca Cola price hikes.
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Post by: MajorWesJanson
In the past 5-7 years or so single serve cooler bottles of coke and pepsi have risen from $1.69 to $2.19, so yeah, basically.
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Post by: BobtheInquisitor
So, equivalent to a rise from $34 to $44? Oh wait, that was $35 for 20 Cadians and now it’s $44 for 10 Cadians. Totes the same.
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Post by: Matt.Kingsley
you were buying 20 Cadians for $35 5-7 years ago?
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Post by: drbored
Oh I know I'm treading a fine line here. Let's see, how best to explain it.
Inflation right now is currently being driven by two major forces. The normal 4-5% inflation is what we'd expect from the Federal Reserve Bank (which, despite the name, is actually a private entity that has managed to take control of the US dollar).
The other 2-4% of the inflation we've seen over the past two years has been due to supply issues (yes, supply issues caused by covid, but supply issues nonetheless). Scarcity drives prices up, and that goes for everything. On top of that, you've got shortages of drivers to deliver product, boats having to be rerouted across whole oceans just to offload their stuff, and even an issue where a boat in the Atlantic caught fire and is loaded full of VW and Porsche vehicles that now, due to maritime law, is 'finders keepers'. Yes, this is a real thing that just happened.
Saying all of inflation is due to corporate greed is very misleading, because there are real world issues out there right now that are contributing to a large portion of that inflation.
Other factors include overleveraging of banks and hedgefunds, RRP being over 160 billion dollars (a rate of leverage used by banks to increase liquidity), as well as huge Chinese land developers hitting hundreds of billions of dollars of bankruptcy... There's a lot involved that honestly has little to do with corporate greed.
One bigger reason that many businesses are making money hand over fist is because they're paying the same amount of money for their workers (wages haven't increased much over the past 20 years) and they're paying fewer of them (how many food joints are drive-thru only still?) and working those that are there even harder, causing higher turn-over. This drives profit up because of lack of expense, while spending habits haven't changed despite the pandemic.
There are many other issues that can be extrapolated from this, but I think that summary should suffice for this forum.
Oh, and to the point about 'we have a loyal customer base that isn't going to jump to another brand' are they wrong? Set aside the denizens of Dakkadakka, are they really wrong that they've managed to create a brand that people tend to stick around in? How many stories have I heard of people that play as kids only to come back in their 30's or 40's or even 50's to get back into the hobby, or people that have been hobbying for decades. Yeah, those people may have sizeable collections of other miniature brands, but Warhammer plays a big role.
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