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Meh, less than the increase I've seen to the price of gas and I spend more on that every month.

 Overread wrote:

 BobtheInquisitor wrote:

 Mad Doc Grotsnik wrote:
For reference?

A pint of Bitter, around August time, was £3.90 in my local. It’s now £4.70, and has been since November time, sometimes £4.80. Same pint. Same pub. Completely different cost.

I don’t particularly like it, but I understand the economics behind it all the same.

You just mentioned a bunch of companies going out of business, and I know you’ve been following the energy/heating cost crisis. Do you think this is a sustainable attitude for a luxury business to have?

The problem is everything goes up in price; so people spend less; so everything goes up in price; so people spend less; so everything goes up in price.

It seems to be the consumer model we are in - everything keeps going up until it hits a breaking point then it all comes crashing down and we start over again.

This is what I expect to happen. They will squeeze out all of their average customers, and then find the less economically vulnerable customers either can’t sustain them alone or give up when the community is gone.

It boggles me that people can look at this endless cycle of prices going up and costs going up and salaries stagnating and think any action playing into the cycle is good for business (outside of the extremely short term play for shareholders, which as we know has never had harmful effects on businesses or the economy).


Automatically Appended Next Post:

Dudeface wrote:

 BobtheInquisitor wrote:

 Mad Doc Grotsnik wrote:
For reference?

A pint of Bitter, around August time, was £3.90 in my local. It’s now £4.70, and has been since November time, sometimes £4.80. Same pint. Same pub. Completely different cost.

I don’t particularly like it, but I understand the economics behind it all the same.

You just mentioned a bunch of companies going out of business, and I know you’ve been following the energy/heating cost crisis. Do you think this is a sustainable attitude for a luxury business to have?

Yes, in the short term. Do you think tanking the companies value is a sustainable attitude for any company?

A controlled adjustment of business practices to keep up with the changing times seems more sustainable long term than riding the tiger into the wall of the next economic collapse. How long do you think they can keep raising prices while their customer base has decreasing funds for luxury goods? Indefinitely? Really?

Aecus Decimus wrote:

caladancid wrote:
I don't really understand why people get so spun up trying to defend them, but great just keep on keeping on until you can't find anyone to play against.

Because we're tired of people hating on GW for doing what every single profitable business does and not understanding economics beyond "GW SHOUDL GIVE ME CHEAPER TOYS". Prices always go up over time and GW is still cheap unless you have no impulse control.

You can be as tired as you want, you will have plenty of time to rest once existing customers tap out and new ones aren't starting because of the entry cost.

Dudeface wrote:

 BobtheInquisitor wrote:


And you still buy from this company? Do you still try to introduce friends to this hobby?

Do you? If not, please be quiet.

Why should I be quiet? GW’s bad behavior spills over into other parts of the gaming world and affects everyone for the worse.

Not Online!!! wrote:
Again, their production cost increased in £, the value of the currency they earned increased however aswell depending where they sold comparatively to the pounds loss in value. Nobody forces GW to automatically convert one currency into another. Contrary it'd be smart right now for them not to convert any that loses less value than the pound.

That's not how it works. GW doesn't have separate businesses in each country that are evaluated individually. If GW loses £50 million profit from increased costs in the UK then that £50 million needs to be offset by increased revenue, wherever it comes from. Price increases in your country are just as valid as a source of increased revenue as price increases in any other country and the only question is how high GW can increase those prices before the increased per-unit price is offset by loss of volume.


Automatically Appended Next Post:

 BobtheInquisitor wrote:
Why should I be quiet? GW’s bad behavior spills over into other parts of the gaming world and affects everyone for the worse.

What "bad behavior" is there? GW is doing what every well-run company does: maximizing their profits and shareholder value. The only reason any company sells at lower prices than GW is because they are worried that they have an inferior product where their only route to competing with GW is to beat them on price. If they could get away with it every single one of them would sell at 10x GW's prices and gleefully pocket the extra profit.

Complaining and complaining about complaining, round 1461647.

Bob has the right idea.

caladancid wrote:
You can be as tired as you want, you will have plenty of time to rest once existing customers tap out and new ones aren't starting because of the entry cost.

Entry cost for GW games is dirt cheap relative to other adult hobbies.

The guy from France is the only one making economic sense? What is the world coming to...

KillerAngel wrote:
The guy from France is the only one making economic sense? What is the world coming to...

Turns out the way things are done isn't sustainable.

 BobtheInquisitor wrote:

“More affordable”? Do you think pay rises with inflation, or has in a generation?

I know my salary is more now than equilavent was 20 year ago so...yeah.

We just had unions negotiate wage increases tad higher than inflation.

Prices, wages, they all rise. Not always at pace but if wages didn't go up nobody would be able to afford anything by now.

1982 my current wage absolutely speaking would be 1/3 of what it is now.

 RaptorusRex wrote:
Complaining and complaining about complaining, round 1461647.

Bob has the right idea.

What, come and ineffectually complain about something they don't partake in and have no interest in?

caladancid wrote:

Aecus Decimus wrote:

caladancid wrote:
I don't really understand why people get so spun up trying to defend them, but great just keep on keeping on until you can't find anyone to play against.

Because we're tired of people hating on GW for doing what every single profitable business does and not understanding economics beyond "GW SHOUDL GIVE ME CHEAPER TOYS". Prices always go up over time and GW is still cheap unless you have no impulse control.

You can be as tired as you want, you will have plenty of time to rest once existing customers tap out and new ones aren't starting because of the entry cost.

Have listened that claim 26 years and counting.

Not Online!!! wrote:
Again, their production cost increased in £, the value of the currency they earned increased however aswell depending where they sold comparatively to the pounds loss in value. Nobody forces GW to automatically convert one currency into another. Contrary it'd be smart right now for them not to convert any that loses less value than the pound.

That's not really true.

There is a loose correlation between the two, but it's affected by a lot of macroeconomic factors. The Eurozone has broadly similar levels of inflation to the UK but the currency has still strengthened a little against the pound.

tneva82 wrote:

caladancid wrote:

Aecus Decimus wrote:

caladancid wrote:
I don't really understand why people get so spun up trying to defend them, but great just keep on keeping on until you can't find anyone to play against.

Because we're tired of people hating on GW for doing what every single profitable business does and not understanding economics beyond "GW SHOUDL GIVE ME CHEAPER TOYS". Prices always go up over time and GW is still cheap unless you have no impulse control.

You can be as tired as you want, you will have plenty of time to rest once existing customers tap out and new ones aren't starting because of the entry cost.

Have listened that claim 26 years and counting.

The prices will continue to go up either because GW feels like raising them or because "reasons".
GW raises their prices almost every year.

I'm shocked people still pay full price for GW products.

tneva82 wrote:

 BobtheInquisitor wrote:

“More affordable”? Do you think pay rises with inflation, or has in a generation?

I know my salary is more now than equilavent was 20 year ago so...yeah.

We just had unions negotiate wage increases tad higher than inflation.

Prices, wages, they all rise. Not always at pace but if wages didn't go up nobody would be able to afford anything by now.

1982 my current wage absolutely speaking would be 1/3 of what it is now.

Hahaha. Must be nice.

 BobtheInquisitor wrote:
“More affordable”? Do you think pay rises with inflation, or has in a generation?

In the UK, yes. Not in the last nine months, which is, y'know, why rampant inflation is bad, but yes, over a twenty year basis pay generally does rise with CPI inflation.

https://www.statista.com/statistics/1272447/uk-wage-growth-vs-inflation/#:~:text=In%20the%20three%20months%20to,the%20same%20period%20in%202021.

Housing, no. Consumer goods? Yes.

Aecus Decimus wrote:
Entry cost for GW games is dirt cheap relative to other adult hobbies.

of course you can compare "gaming" to Hang Gliding or driving sports and argue that it is cheaper

but you don't, the same way as you don't compare a PS5 to Hang Gliding and argue that even at 3 times MSRP it is still cheaper than a Glider, or just a fraction of a Porsche 911
that is not an argument, that is just telling us that within the "gaming" hobby GW reached a point were you cannot compare it to other games but need to reach out to different hobbies to make the point that is is still reasonable priced

you compare games to other other games and when a full 40k army + books costs more than a PS5 + 1 game you have a real argument for why GW is expensive and the PS5 is the better deal for an adult hobby

and when the boardgame community goes bonkers because of the price of SW Shatterpoint, while the GW fanboys come up that the more expensive (with less content) Kill Team box is such great value and still cheaper than other adult hobbies, there is something wrong

and unless the Inflation in the UK in the past 20 years was not 200%, GWs price raise is not based in inflation at all

tneva82 wrote:

 BobtheInquisitor wrote:

“More affordable”? Do you think pay rises with inflation, or has in a generation?

I know my salary is more now than equilavent was 20 year ago so...yeah.

We just had unions negotiate wage increases tad higher than inflation.

Prices, wages, they all rise. Not always at pace but if wages didn't go up nobody would be able to afford anything by now.

1982 my current wage absolutely speaking would be 1/3 of what it is now.

That’s great. However, I live in the UK and work in the public sector. I’ve had 13 years of pay freezes and below inflation pay rises. My wage is worth about 20% less in real terms than it was 13 years ago.

I know exactly who’s to blame. Dakka rules won’t let me say it, but it certainly isn’t Toy soldier manufacturers. I don’t blame GW for putting up their prices 6% when many food items have gone up as much as 50% in the last year and my gas bill has more than doubled despite consciously cutting back on the amount I use.

He, yet another GW price rise wow. I just idly started glancing through their webstore and am boggled at the prices of some of the stuff. How many price rises in how many years have we had anyways? Was it 2019, 2020, 2021, 2022, and 2023? Or did they skip a year? I guess GW was successful in one thing: I legit don't remember at this point the price of some of the units. I'm pretty sure for example a Chimera was 38$ a few years ago, is 55$ now, and 6% increase would make it 58.30$

Also I wonder if it will be a flat 6% the rest of the world or if they will cook up their GW magic to make it cost even more.

Oh well, less money GW gets from me I guess. Might look in to see if I need some specific thing before the price rise but otherwise I'll just continue my trend of spending less and less at GW every year.

I wonder if 6% would cover putting a bottom on the Dorn?

Dudeface wrote:

 BobtheInquisitor wrote:


And you still buy from this company? Do you still try to introduce friends to this hobby?

Do you? If not, please be quiet.

I like that the question was avoided entirely here LOL

 Geifer wrote:
Like clockwork.

Good thing for me is that paints don't go up.

Except sprays, which are already a fair chunk more than the competition. ($22 vs $17 for army painter, for example).

But yeah, not many surprises here.

 Lord Damocles wrote:
I wonder if 6% would cover putting a bottom on the Dorn?

....

Probably gets Fulgrim a load of bottoms.

EviscerationPlague wrote:

Dudeface wrote:

 BobtheInquisitor wrote:


And you still buy from this company? Do you still try to introduce friends to this hobby?

Do you? If not, please be quiet.

I like that the question was avoided entirely here LOL

If you care that much sure, I don't actively induct new players but I certainly wouldn't put them off the hobby. I do still buy warhammer but almost exclusively through 3rd party discounters.

It feels like the US market is unfairly shouldering the burden of these price hikes.

Well, for every price increase, the more I realize I no longer need Games Workshop to play Warhammer.

GrosseSax wrote:
It feels like the US market is unfairly shouldering the burden of these price hikes.

Well, for every price increase, the more I realize I no longer need Games Workshop to play Warhammer.

Almost everything from cars to clothing made by a US company is much more expensive in the UK. Regional pricing is a thing. I’m not defending it, but it is how all international businesses operate.

Dudeface wrote:

 RaptorusRex wrote:
Complaining and complaining about complaining, round 1461647.

Bob has the right idea.

What, come and ineffectually complain about something they don't partake in and have no interest in?

Exalted.

I'm disappointed with the price rise, but not surprised. It won't stop me buying, even though times are tight. It's my hobby, after all.




Automatically Appended Next Post:

GrosseSax wrote:
It feels like the US market is unfairly shouldering the burden of these price hikes.

Why do you think that?

 kodos wrote:


you compare games to other other games and when a full 40k army + books costs more than a PS5 + 1 game you have a real argument for why GW is expensive and the PS5 is the better deal for an adult hobby

Surely a fairer comparison would be to a console with multiple games?

caladancid wrote:
Jeez I got here a bit late and the Warden Clans really moved quickly on this one.

Price increase- not cool. I don't really understand why people get so spun up trying to defend them, but great just keep on keeping on until you can't find anyone to play against.

Was that a Battletech reference?

M.

Profit last year didn't double? time to rise price.