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Author Topic: Hasbro Profit Drops 71%  (Read 5519 times)

pdaat

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Hasbro Profit Drops 71%
« on: April 14, 2011, 07:22:02 PM »
« Last Edit: December 31, 1969, 07:00:00 PM by Guest »
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bandonov

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Re: Hasbro Profit Drops 71%
« Reply #1 on: April 14, 2011, 08:07:52 PM »
Canprime posted this earlier in the what makes you laugh thread...

http://www.joecanuck.com/joe/board/index.php?topic=5481.0
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morgardee

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Re: Hasbro Profit Drops 71%
« Reply #2 on: April 14, 2011, 09:22:29 PM »
Hmmm, drop the price of G.I. Joe, realize most of us want an 80's style cartoon like we had when we were kids that we can watch with our kids (not renegades or resolute), ship all product to Canada (including store exclusives) and show up / support the next Canadian G.I. Joe convention on June 18th, 2011. By supporting the CJC I mean throw Mike a bone and let him have access to at least 3 molds and say "Here, we'll give you 500 of these figures and it will cost you $3.00 a unit. Go cover your convention costs and help promote our product for us."

Geez, that sorta turned into a bit of a rant, didn't it?

For the record, I have NO idea what a figure would cost from Hasbro. I just made that number up.
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martin-montreal

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Re: Hasbro Profit Drops 71%
« Reply #3 on: April 14, 2011, 10:03:01 PM »
Quote from: "morgardee"
Hmmm, drop the price of G.I. Joe, realize most of us want an 80's style cartoon like we had when we were kids that we can watch with our kids (not renegades or resolute), ship all product to Canada (including store exclusives) and show up / support the next Canadian G.I. Joe convention on June 18th, 2011. By supporting the CJC I mean throw Mike a bone and let him have access to at least 3 molds and say "Here, we'll give you 500 of these figures and it will cost you $3.00 a unit. Go cover your convention costs and help promote our product for us."

This ^^  :timbits:

And by cancelling the "recent" Target exclusives (now available at XYZ low cost store), Hasbro allows people selling those toys for $20 and more each. That alone show Hasbro don't understand how to market their brand and make profit from it.
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latinjoe22

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Re: Hasbro Profit Drops 71%
« Reply #4 on: April 14, 2011, 10:25:37 PM »
Something I just thought of...

Back in the 80's, prices of figures would never "drop". If I saw figures priced at 50% off, usually this would be due to the store closing down.

Just saying: GI joe in the 80's seems to have been a success because people kept buying until the line lost steam so to say and the buyers lost interest in the brand.

Nowadays: we seem to be expecting a sale or a serious drop in prices from time to time. But back then, this was something unthinkable. Could it be that the prices for toys just went too high? Or is that the bar is been set higher amongst collectors in general? Are parents really willing to pay 10 a pop for a Joe, or for 5$ more buy a Transformer for their kids?

Gi joe is not all Hasbro's got, so maybe there are other brands that are not selling too well. How well are POC sales doing?
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Redmao

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Re: Hasbro Profit Drops 71%
« Reply #5 on: April 15, 2011, 02:35:54 PM »
More and more people wait for the almost monthly 2 for 1 sales at TRU or Zellers to buy toys.
Some even wait for those sales and return their toys  that they bought at full price to get a refund.
At some point, it's no wonder stores don't order as much... Just saying...
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roshan

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Re: Hasbro Profit Drops 71%
« Reply #6 on: April 15, 2011, 04:41:43 PM »
Quote from: "martin-montreal"
Quote from: "morgardee"
Hmmm, drop the price of G.I. Joe, realize most of us want an 80's style cartoon like we had when we were kids that we can watch with our kids (not renegades or resolute), ship all product to Canada (including store exclusives) and show up / support the next Canadian G.I. Joe convention on June 18th, 2011. By supporting the CJC I mean throw Mike a bone and let him have access to at least 3 molds and say "Here, we'll give you 500 of these figures and it will cost you $3.00 a unit. Go cover your convention costs and help promote our product for us."

This ^^  :timbits:

And by cancelling the "recent" Target exclusives (now available at XYZ low cost store), Hasbro allows people selling those toys for $20 and more each. That alone show Hasbro don't understand how to market their brand and make profit from it.


That's not Hasbro's fault that Target decided to cancel their own exclusive.  We are lucky enough that Ross got them at all.  Ross stores helped the Joe line out of inventory problem they were having with a bunch of stock that got backed up because of canceled orders or slowing moving merch preventing further waves from coming out.  Despite that, the Joe team hates the fact they had to put out so much product in the discount shops because it's watering down the line.  So it's not all their fault that issue is coming up.
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latinjoe22

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Re: Hasbro Profit Drops 71%
« Reply #7 on: April 15, 2011, 06:52:52 PM »
Quote from: "Redmao"
More and more people wait for the almost monthly 2 for 1 sales at TRU or Zellers to buy toys.
Some even wait for those sales and return their toys  that they bought at full price to get a refund.
At some point, it's no wonder stores don't order as much... Just saying...

+1  :timbits:
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morgardee

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Re: Hasbro Profit Drops 71%
« Reply #8 on: April 15, 2011, 09:33:36 PM »
Quote from: "latinjoe22"
Quote from: "Redmao"
More and more people wait for the almost monthly 2 for 1 sales at TRU or Zellers to buy toys.
Some even wait for those sales and return their toys  that they bought at full price to get a refund.
At some point, it's no wonder stores don't order as much... Just saying...

+1  :timbits:


Man, I'm falling behind in timbits. LJ's got twice as many as me. I gotta start blackmailing people or something... :-
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bandonov

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Re: Hasbro Profit Drops 71%
« Reply #9 on: April 15, 2011, 10:01:12 PM »
Quote from: "morgardee"
Man, I'm falling behind in timbits. LJ's got twice as many as me. I gotta start blackmailing people or something... :-

+1 for planning to Blackmail people!
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latinjoe22

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Re: Hasbro Profit Drops 71%
« Reply #10 on: April 15, 2011, 11:04:19 PM »
Quote from: "morgardee"
Quote from: "latinjoe22"
Quote from: "Redmao"
More and more people wait for the almost monthly 2 for 1 sales at TRU or Zellers to buy toys.
Some even wait for those sales and return their toys  that they bought at full price to get a refund.
At some point, it's no wonder stores don't order as much... Just saying...

+1  :timbits:


Man, I'm falling behind in timbits. LJ's got twice as many as me. I gotta start blackmailing people or something... :-

This is your lucky night : Snake !

+1  :timbits:
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pdaat

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Re: Hasbro Profit Drops 71%
« Reply #11 on: April 16, 2011, 08:36:53 AM »
Quote from: "morgardee"
Quote from: "latinjoe22"
Quote from: "Redmao"
More and more people wait for the almost monthly 2 for 1 sales at TRU or Zellers to buy toys.
Some even wait for those sales and return their toys  that they bought at full price to get a refund.
At some point, it's no wonder stores don't order as much... Just saying...

+1  :timbits:


Man, I'm falling behind in timbits. LJ's got twice as many as me. I gotta start blackmailing people or something... :-
Pity Timbit en route.
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Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win.