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ONE-MAN ARMY TO BOOST GAMES WORKSHOP

'Games Workshop has posted an increase in pre-tax

profit up from 1.06 million pounds to 7.54 million pounds for

the year ending May 31. The fantasy and war games manufacturer

and retailer reported that sales increased from 110.3 million

the previous year to 113.9 million pounds on a constant currency

basis, with exchange rate movements increasing the figure to

125.7 million pounds. Games Workshop chief executive, Mark

Wells, said that gross margin had strengthened in the second

half because of a reduction in costs of manufacturing and

supply.'

So why are prices going up again? Seems to me that the base cost of manufacturing is going down.

How you get Lesser costs+steady customer base=Higher prices is beyond me. The joys of big business I suppose.

Ketara wrote:
So why are prices going up again? Seems to me that the base cost of manufacturing is going down.

How you get Lesser costs+steady customer base=Higher prices is beyond me. The joys of big business I suppose.

Remind me never to hire you to run any of my businesses. A captive market is the best time to raise prices. The shareholders don't care about how happy or healthy the hobby is, they only care about profits.

Polonius wrote:

Ketara wrote:
So why are prices going up again? Seems to me that the base cost of manufacturing is going down.

How you get Lesser costs+steady customer base=Higher prices is beyond me. The joys of big business I suppose.

Remind me never to hire you to run any of my businesses. A captive market is the best time to raise prices. The shareholders don't care about how happy or healthy the hobby is, they only care about profits.

QFT

And the company, being a PLC, has an obligation to their shareholders to increase profits. Price Rises are an easy and effective way to do this.

Mad Doc Grotsnik wrote:

QFT

And the company, being a PLC, has an obligation to their shareholders to increase profits. Price Rises are an easy and effective way to do this.

Hush. GW raises prices because they're evil and greedy!

Well, that might be true, but they have to, by law, act evil and greedy.

Its the sad but true facts of any business.

Well... not sad for the stockholders.

This thread sums up the principal reason why all business of any type should be banned. Money should be banned also. People should be genetically altered with the purpose being to remove feelings of avarice, greed, and the like from the human genome.

Darn these companies, making a profit. Bunch of jerks imo.

Also we all know the real reason they made a profit.
Blizzard should send out the following letter to all IG players.


Dear IG player,

Thank you for purchasing the mandatory 3+ vendettas for your IG tournament/apoc list. You have helped make us a profitable business and we have helped you easily defeat most opponents.

Best of luck (as if you'll need any)

GW

spacemarinejunkie wrote:This thread sums up the principal reason why all business of any type should be banned. Money should be banned also. People should be genetically altered with the purpose being to remove feelings of avarice, greed, and the like from the human genome.

You first. " Lobotomy room, sending one up now. "

spacemarinejunkie wrote:This thread sums up the principal reason why all business of any type should be banned. Money should be banned also. People should be genetically altered with the purpose being to remove feelings of avarice, greed, and the like from the human genome.

... and remove ambition. Also any desire to improve oneself. Get rid of that nasty habit of freely choosing what is best for you and your family. I think we need a government to force everyone to stop being greedy. A new type of government for the community. Commu...something.

The only people who think like that are those at the bottom of the food chain, hence the inherent problem with communism in practice (lovely theory though. Just fundamentally flawed in reality).

Trust me. I know this. I'm self employed now. The more I work, the more I earn. The more I save, the lower I can make my overheads with tactical expenditure. Do you really, honestly think that once I've got my overheads and earnings where I want them (own car, fully paid off, and a small pool of exclusive private clients, combined with the stuff the Firm send me) that I am going to start charging less? Hell no!

Mind you, I do intend to give the elderly and disabled a small discount, say 10%, so they will request me over other drivers. This will not turn out to be a hit in 90% of cases, due to tips. Minimum fare is £3.80 in my town. I usually get given a fiver, and told to keep the change. This will not change if I adjust my own price down to £3.40 minimum.

spacemarinejunkie wrote:This thread sums up the principal reason why all business of any type should be banned. Money should be banned also. People should be genetically altered with the purpose being to remove feelings of avarice, greed, and the like from the human genome.

I was of course joking.

spacemarinejunkie wrote:

spacemarinejunkie wrote:This thread sums up the principal reason why all business of any type should be banned. Money should be banned also. People should be genetically altered with the purpose being to remove feelings of avarice, greed, and the like from the human genome.

I was of course joking.

Too late. The honorable Sen. McCarthy has added you to his list.

Gen. Lee Losing wrote:
Too late. The honorable Sen. McCarthy has added you to his list.

Sad fact that too many people don't' know: while McCarthy was a twisted, power hungry man, he ended up dying nearly alone at the age of 48 due to hepatitis aggravated by alcoholism. Karma, she is a harsh mistress.

Timmah wrote:Blizzard

wut? Hrm, maybe GW sould make an MMOG

But yeah, when production costs fall, prices will go up a bit, then people will go 'meh' and start buying warmachines or buy seccond hand, profits go down, GW lowers some of their prices.

Or they put out a new codex, that seems to boost their sales.

GW's business model is consistent with a drug dealer or monopoly. I'm all for exploiting market position just not exploiting people.

starbomber109 wrote:

Timmah wrote:Blizzard

wut? Hrm, maybe GW sould make an MMOG

Bah, someone asked me about SC2 the other day and got me all excited again.

Seriously though, I am all for a company making money with their product and I am all for a company making the right decisions for their stockholders but it seems that in general across the board costs go up and quality goes down, and it's not just GW models it's everything.

How far does GW have to go before the people buying the product wise up and stop allowing themselves to be gouged, if that is indeed the case, to death in the wallet? You can love a hobby only so much before you have to step back and analyze what you are actually getting out of it.

I am still buying but I am buying a lot less and GW is coming very close to the breaking point for me. I am seeing games like Arcane Legions coming out that are selling entire armies for 40 bucks. I hope GW sees this too.

aka_mythos wrote:GW's business model is consistent with a drug dealer or monopoly. I'm all for exploiting market position just not exploiting people.

Except, you know, the product the sell is neither addictive nor illegal nor dangerous, making the drug dealer metaphor flimsy at best and inflammatory at worst. Oh, and they're not a monopoly, there are several strong competitors in the realm of miniature wargaming (Flames of war and Warmachine come to mind), and even then, GW's products are a pure luxury.

I'm as pissed as anybody about GW's pricing, but ridiculous rhetoric isn't going to accomplish anything.

But I don't think GW's quality has gone down. The plastic kits are getting better and better (go look at the Cold One Knights if you don't believe me. Fantastic models at a pretty reasonable price) and as far as I know, 5th Edition 40k was very well received.

@Polonius: Where the hell were you doing this thread? We would've been best friends had we met there, lol.

Manchu wrote:@Polonius: Where the hell were you doing this thread? We would've been best friends had we met there, lol.

I was studying for the Bar Exam.

Awesome! I hope you made it! What a relief to be done, eh?

Manchu wrote:Awesome! I hope you made it! What a relief to be done, eh?

It is. Now I need to find a job in the worst legal market, well, ever.

Yea capitalism, woo...

Also, speaking of lists, MDG just got on one of mine. Been a long time coming, but time for me to get with the rest of the cool kids.

The thing that occurs to me is: buy some shares in GW, then don't feel bad when paying twice the odds for minatures.

Mad Doc Grotsnik wrote:The only people who think like that are those at the bottom of the food chain, hence the inherent problem with communism in practice (lovely theory though. Just fundamentally flawed in reality).

It's not communism that's flawed. It's humans. If there was a deity behind our creation, he failed the Basic People-Creating class at Divine University.

Neconilis wrote:Yea capitalism, woo...

Also, speaking of lists, MDG just got on one of mine. Been a long time coming, but time for me to get with the rest of the cool kids.

Hmm. Must have been something I said.

Curse my propensity of not simply having a negative opinion based on dodgy logic about pretty much everything!

And Agamemnon2....one could say that Communism is flawed because it is a human creation. But I'm simply not that argumentative! You of course raise a very fair point!

Holy crap you guys. Why are you all collectively CENSORED BY THE INQUISITION so hard to GW hiking their prices because "They are a business they get to!"?

You have to agree, it'd be nice if they lowered their prices. They have been needlessly hiking them for awhile. More people in the hobby with lower prices, you can buy more with lower prices. Quit defending them simply because they are a business and need to turn a profit, they would be turning a very similar profit if their price point was lower. Why have so many of you internalized GW's core values as a company?

Why? Because GW's success is good for me. A healthy GW means healthy support for a game I enjoy. Do I wish the stuff were cheaper? Of course. Am I happy they're posting a larger profit? You bet.

Polonius wrote:Why? Because GW's success is good for me. A healthy GW means healthy support for a game I enjoy. Do I wish the stuff were cheaper? Of course. Am I happy they're posting a larger profit? You bet.

Why are you happy they are posting a bigger profit given their history. It means another price hike might be on the way.