GW raises their prices
- Thread starter Ritual
- Start date
Drake Farstrider
New member
You raise a valid...
... point. I have not looked at their reports. I just know the spiel that they give the retailers. One thing you may or may not know is that they really don\'t give a damn about the retailer.
You do raise a good point about the competition, they had none in the wargaming market for about the last ten years, that is untill Rakham and Warmachine came along. But I see some of the same problem\'s with those 2 game lines as with GW\'s their prices are pretty high.
I wonder if GW is smart enough to be able to recognize that they are driving their customer base to the competition, and how will they respond to it.
I am not sure that I would say that Wotc is dead, yes their miniature department is dead or near enough, but the company itself is doing okay. How could you not with Hasbro backing them.
As for TSR they had a woman (no offense to the ladies in the audiance) that knew little to nothing about the gaming industry and then ran it into the ground. Very tragic.
... point. I have not looked at their reports. I just know the spiel that they give the retailers. One thing you may or may not know is that they really don\'t give a damn about the retailer.
You do raise a good point about the competition, they had none in the wargaming market for about the last ten years, that is untill Rakham and Warmachine came along. But I see some of the same problem\'s with those 2 game lines as with GW\'s their prices are pretty high.
I wonder if GW is smart enough to be able to recognize that they are driving their customer base to the competition, and how will they respond to it.
I am not sure that I would say that Wotc is dead, yes their miniature department is dead or near enough, but the company itself is doing okay. How could you not with Hasbro backing them.
As for TSR they had a woman (no offense to the ladies in the audiance) that knew little to nothing about the gaming industry and then ran it into the ground. Very tragic.
P
ProfessorPlump
Guest
Maybe the American market will see GW suffering, but take a look at this:-
share price
Steady share price rise that most companies would envy. I don\'t see them bombing any time soon.
share price
Steady share price rise that most companies would envy. I don\'t see them bombing any time soon.
Drake Farstrider
New member
Interesting link there, but I have to wonder how much of that increase was from Christmas sales? And of course did they not just release Ogre Kingdom\'s?
The stock price increase doesn\'t tell you much. Even so, the increase has been rather modest, compared to several other companies. Nokia\'s stock value increased yesterday as much as GW\'s value has increased in six months...
Economy is slowly recovering as well, which might explain the trend visible here.
And even though the effect would be made mostly of OK release, why isn\'t there also a similar increase in stock price when the new 40k was released? And so on. IMO, the effect of christmas sales should affect the stock price in the first quarter of 2005, when the company reports it\'s success in the 4th quarter of 2004?
Of course I might be mistaken...
Economy is slowly recovering as well, which might explain the trend visible here.
And even though the effect would be made mostly of OK release, why isn\'t there also a similar increase in stock price when the new 40k was released? And so on. IMO, the effect of christmas sales should affect the stock price in the first quarter of 2005, when the company reports it\'s success in the 4th quarter of 2004?
Of course I might be mistaken...
Avelorn
Sven Jonsson
GW is like your big brother was when you were a kid. (or mine anyway)
you hate it and you love it because it was the reason for many of us to start this hobby. They are like heaven and hell for me. Everything from their paints to their minis..
According to the local store manager Fanatic magazine will be web-based.. anybody knows anything more?
you hate it and you love it because it was the reason for many of us to start this hobby. They are like heaven and hell for me. Everything from their paints to their minis..
According to the local store manager Fanatic magazine will be web-based.. anybody knows anything more?
Share price doesn\'t really account for much; there were a lot of dot coms that had share prices through the roof too. A company does not pay it\'s bills on share price, but on revenue and cost control.
That being said, GW posted their recent revenue at $133m vs. $135m a year before. In addition, with the +9% differential in pounds sterling vs. the dollar, it means that an equal effect is $121m in sales vs. $135m last year.They also had a 16% price increase which offsets another $19m. Net value is $101m vs. $135m over the same period - a $34m difference. That\'s a lot of miniatures! And it speaks a lot for the shift in the market.
Also, in their shareholders report they report a significant decline in UK sales AND in American sales.
I\'m sorry my friend, I believe the ball is already rolling downhill and it is going to happen faster than people realize. Maybe Andy Chambers made the right move at the right time. Corporate greed has done more than one company in over the years, especially in this industry.
Part of GW\'s problem is the LOTR license. That accounted for a huge amount of their profit in the last three years. The license has another 2 years to run but without the movies the games system is now being turned around the issues occuring in the book as opposed to the movies. This is not assisting the sales.
The Scourging of the Shire scenario book, is expected to make less than the Macragge campaign release for 40K. (?)
Probably because of a few reasons, It\'s not in the movies, and there are so many Kids brought into the hobby by the LOTR license for GW. Most of whom I would hazard to say have not read the books.
The character we know as Saruman in the book has had to be called \"Sharky\" in the Scourging bookand the faces of him and Wormtongue have had to be covered due to the license. (They can\'t be readily identifiable as Christopher Lee and Brad Dourif.)
GW has survived for almost 30 Years and I believe that their lead in the market place will not be broken as easily as some market analysts would have us believe. They are no longer in the market place as a gaming hobby, they are selling Toy Soldiers and that is their marketing intent.
The Scourging of the Shire scenario book, is expected to make less than the Macragge campaign release for 40K. (?)
Probably because of a few reasons, It\'s not in the movies, and there are so many Kids brought into the hobby by the LOTR license for GW. Most of whom I would hazard to say have not read the books.
The character we know as Saruman in the book has had to be called \"Sharky\" in the Scourging bookand the faces of him and Wormtongue have had to be covered due to the license. (They can\'t be readily identifiable as Christopher Lee and Brad Dourif.)
GW has survived for almost 30 Years and I believe that their lead in the market place will not be broken as easily as some market analysts would have us believe. They are no longer in the market place as a gaming hobby, they are selling Toy Soldiers and that is their marketing intent.
Hehe...
You have got to admit though..it\'s a cracking deal!!
Free Rackham Minis [/quote]
It makes my own exesses seem less when other people succumbOriginally posted by kittykat23uk
Finn, you are evil!! There I was trying to save money and you\'ve gone and made me blow £70 on some more wolfen!!!
You have got to admit though..it\'s a cracking deal!!
Free Rackham Minis [/quote]
Valander
Member
Well, for WARMACHINE stuff, they\'re not that bad, actually. You have to consider two additional things for these minis, in comparison to the GW stuff:
1. You don\'t need anywhere near as many models to play a game. So, your overall price for an army is much less for WARMACHINE.
2. All of Privateer\'s models are pure metal. There\'s no plastic whatsoever, other than the base. So, paying $25 for a box of 6 or so metal minis just doesn\'t rub people quite as rough as paying $30+ for a box of 12 plastic ones. Of course, that\'s for trooper types; the \'jacks are much more reasonable, given that they\'re comparable to dreadnaughts.
I think one of the biggest things that GW has had on its side is the \"fluff\" factor. They had neat models, a half-way decent game system, but most of all they had fluff that people really liked. The more recent editions of the games seem to have (in addition to breaking the rules, IMHO, to be not much more than Yahtzee + Checkers) dropped a lot of the fluff that made it fun. I mean just compare the newer Chaos Codex for 40k and the one for 2nd Edition 40k as an example.
With their target market at 12-16, their main selling point was neat models and crazy fluff that kids could babble about. There doesn\'t seem to be as much there, now. Privateer Press has done a fantastic job with their fluff, and it\'s hard to deny the big steam-powered robots are cool.
I think the biggest threat to GW is not them pricing themselves into oblivion (kids will always buy crap if it\'s what they want; and let\'s face it, GW\'s market is really kids), but rather that there are actually competitors with a creativity in their settings that GW hasn\'t had to deal with previously. Of course, what the hell do I know; I\'m a computer geek, not a marketing expert.
P
provoke_me
Guest
sadly for me...
i am at a loss. the only close gaming store that sells miniaturs is Games Workshop
ther was another one but it went out of business before i got into this hobby.
and being that still without a job i have no money to creat a credit card or a paypal account
i have found a way to fix this...you can all send me minis for free! its the cool thing to do
anywho...umm...oh i forgot: DAMN YOU GW!
i am at a loss. the only close gaming store that sells miniaturs is Games Workshop
ther was another one but it went out of business before i got into this hobby.
and being that still without a job i have no money to creat a credit card or a paypal account
i have found a way to fix this...you can all send me minis for free! its the cool thing to do
anywho...umm...oh i forgot: DAMN YOU GW!
Ebonbuddha
Active member
**Somewhere in South Korea a cry comes from the bathroom of Ebonbuddha and Mrs. Buddha\'s apartment** Help...me...:|~:|~:|~:|~:|~
You guys could start ripping on Rackham. Darth Foley looks thirsty.:innocent:
You guys could start ripping on Rackham. Darth Foley looks thirsty.:innocent:
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praetorian0_1
Guest
Sorry if this has been said, but correct me if I\'m wrong- GW doesn\'t brew beer do they- \'cause if they do and an essential service like this is just arbitrarily boosted.... well I fear the consequences of such action.
Wait, I\'ve been handed a buletin... no, no it seems they don\'t. Whew that was close.:innocent:
Wait, I\'ve been handed a buletin... no, no it seems they don\'t. Whew that was close.:innocent:
Drake Farstrider
New member
Originally posted by Valander
Well, for WARMACHINE stuff, they\'re not that bad, actually. You have to consider two additional things for these minis, in comparison to the GW stuff:
1. You don\'t need anywhere near as many models to play a game. So, your overall price for an army is much less for WARMACHINE.
That is a good point, I do believe you said that to me once before too. How many models does one need to play?
2. All of Privateer\'s models are pure metal. There\'s no plastic whatsoever, other than the base. So, paying $25 for a box of 6 or so metal minis just doesn\'t rub people quite as rough as paying $30+ for a box of 12 plastic ones. Of course, that\'s for trooper types; the \'jacks are much more reasonable, given that they\'re comparable to dreadnaughts.
Again a good point Anthony, I guess I just am cheap and have a slite problem paying $25.00+ for a single miniature. But that being said I also will not pay $30.00 for a box of 12 plastic miniatures. Are they insane? ??? I would have too say that Privateer Press does a wonderful job sculpting their mini\'s too.
Boy if I am not carefull you may talk me into picking up some of the Warmachine line. Do you work for them? lollollol
P
praetorian0_1
Guest
YA man its a sweet game- all you need is like 3 minis to get going if you have the right ones
It has many converts
It has many converts
Drake Farstrider
New member
Do you work for them too? :flip::bouncy::flip:
3 mini\'s is not that bad in the long run of things! Good to know. Thanks!
3 mini\'s is not that bad in the long run of things! Good to know. Thanks!
kittykat23uk
New member
The main problem here in Norwich is that noneof the gamers I know are willing to invest in anything other than GW for gaming purposes! As a painter I have the pick of any of the ranges out there, but if I were really into gaming, I\'d have to have a GW army to be involved locally.
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praetorian0_1
Guest
That is pretty international around here too anyhow.
And, yes I am a privateer press forum member.
I like them so much- if I had the money, I\'d buy the company.
You should have seen the sweaty, onion smelling (there is an A&W next door) multitudes packed into our GW yesterday for htat auction they had-- yeesh, this stuff was like crack at a drug dealers convention. Kinda looked a bit like Dawn of the Dead with everyone packing in trying to get the last living guys brains out of him. They just spoon that GW up. Very little stopping them.
Like I said- if they were brewing beer at those prices I\'d be onlol
And, yes I am a privateer press forum member.
I like them so much- if I had the money, I\'d buy the company.
You should have seen the sweaty, onion smelling (there is an A&W next door) multitudes packed into our GW yesterday for htat auction they had-- yeesh, this stuff was like crack at a drug dealers convention. Kinda looked a bit like Dawn of the Dead with everyone packing in trying to get the last living guys brains out of him. They just spoon that GW up. Very little stopping them.
Like I said- if they were brewing beer at those prices I\'d be onlol
Ebonbuddha
Active member
I\'m one of them. Wait...yiou said converts. Well, I\'m one of them too.
Originally posted by praetorian0_1
YA man its a sweet game- all you need is like 3 minis to get going if you have the right ones
It has many converts
Legacy Account
Active member
Quote from The Sun, 26/1/05
(No, I don\'t read this shite.....!)
\"GAMES WORKSHOP which makes figures for table-top games, is seeing boredom set in over LOTR.
Shares plummeted 62P to 790.5 despite pre tax profits rising more then 5 percent to £7.7 million for the 6 months to November 28. Chairman Tom Kirby admitted that bumper sales of LotR warriors in the same period in 2003 could not be matched as teenagers looked for new thrills.
He said it was \"a bubble effect, which has began to deflate\".\"
This could certainly have an effect on their other game systems too.....
(No, I don\'t read this shite.....!)
\"GAMES WORKSHOP which makes figures for table-top games, is seeing boredom set in over LOTR.
Shares plummeted 62P to 790.5 despite pre tax profits rising more then 5 percent to £7.7 million for the 6 months to November 28. Chairman Tom Kirby admitted that bumper sales of LotR warriors in the same period in 2003 could not be matched as teenagers looked for new thrills.
He said it was \"a bubble effect, which has began to deflate\".\"
This could certainly have an effect on their other game systems too.....
