Analysts predict 10% increase in cost of toys next year

Analysts predict 10% increase in cost of toys next year

Friday, September 14th, 2007 1:45am CDT

Categories: Toy News, Rumors, Company News
Posted by: Bed Bugs   Views: 12,490

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With the recent scandals surrounding the Chinese toy companies using lead paint in their production, new testing to prevent such accidents from happening again has been introduced.

However, these new safeguards to protect us from such an error from happening again is going to come with a cost, and it is predicted that toy companies will be passing the buck onto the consumers.

Current estimates from analysts at MSNBC.com predict the costs of Chinese made toys to go up by about 10% for the consumer, starting next year. Even still, there is the possibility that it could be even more than that.

We will keep you posted going into the next year on whether or not Hasbro intends to raise the price of Transformers or not as soon as possible.

Credit(s): MSNBC.com


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Re: Analysts predict 10% increase in cost of toys next year (342867)
Posted by Megatron Wolf on September 14th, 2007 @ 2:12am CDT
WHAT!?!? Its bad enough that most stores jack the prices already but now this? This is frakin bullshit man. Hasbro has enough damn money. Maybe they should cut us some slack for a change and pay for it them selves. It could be like them saying "sorry for not shipping enough products out. Because we screwed you we'll pay for this". Thats what should happen.
Re: Analysts predict 10% increase in cost of toys next year (342893)
Posted by Flux Convoy on September 14th, 2007 @ 2:42am CDT
I've yet to hear about Hasbro having to recall any product. I've only heard about Mattel and just recently Takara/Tomy. Nothing about TF product being recalled from Takara/Tomy either. As far as Transformers go, we should be in the clear.
:BOT:
Re: Analysts predict 10% increase in cost of toys next year (342895)
Posted by Noisemaze on September 14th, 2007 @ 2:43am CDT
Megatron_Wolf wrote: This is frakin bullshit man. Hasbro has enough damn money. Maybe they should cut us some slack for a change and pay for it them selves. It could be like them saying "sorry for not shipping enough products out. Because we screwed you we'll pay for this". Thats what should happen.


You wanna know what REAL bullshit is? Botcon exclusives!!! If the fandom doesn't mind paying $300.00 for a Botcon Thundercracker, a figure that's only worth $9.99, then this won't phase them in the least.
Re: Analysts predict 10% increase in cost of toys next year (342898)
Posted by the purifyer on September 14th, 2007 @ 2:46am CDT
Oh come on they're expensive enough down here already.
$30 a deluxe is already raping my wallet.
Re: Analysts predict 10% increase in cost of toys next year (342899)
Posted by Flux Convoy on September 14th, 2007 @ 2:49am CDT
Noisemaze wrote:
Megatron_Wolf wrote: This is frakin bullshit man. Hasbro has enough damn money. Maybe they should cut us some slack for a change and pay for it them selves. It could be like them saying "sorry for not shipping enough products out. Because we screwed you we'll pay for this". Thats what should happen.


You wanna know what REAL bullshit is? Botcon exclusives!!! If the fandom doesn't mind paying $300.00 for a Botcon Thundercracker, a figure that's only worth $9.99, then this won't phase them in the least.

I didn't pay $300 for one figure. I paid for six. Plus getting to see friends I made the year before, plus attending the panels, plus the ridiculous good time I had both years straight. Then, there's meeting Cullen, joking with the Hasbro folks, haggling and making jokes with vendors in the dealer room. You really open a heated debate by bringing in the Botcon argument. Especially where it doesn't have any bearing on this subject.
:BOT:
Re: Analysts predict 10% increase in cost of toys next year (342902)
Posted by Noisemaze on September 14th, 2007 @ 2:56am CDT
Flux Convoy wrote:
Noisemaze wrote:
Megatron_Wolf wrote: This is frakin bullshit man. Hasbro has enough damn money. Maybe they should cut us some slack for a change and pay for it them selves. It could be like them saying "sorry for not shipping enough products out. Because we screwed you we'll pay for this". Thats what should happen.


You wanna know what REAL bullshit is? Botcon exclusives!!! If the fandom doesn't mind paying $300.00 for a Botcon Thundercracker, a figure that's only worth $9.99, then this won't phase them in the least.

I didn't pay $300 for one figure. I paid for six. Plus getting to see friends I made the year before, plus attending the panels, plus the ridiculous good time I had both years straight. Then, there's meeting Cullen, joking with the Hasbro folks, haggling and making jokes with vendors in the dealer room. You really open a heated debate by bringing in the Botcon argument. Especially where it doesn't have any bearing on this subject.
:BOT:


I didn't say the convention is bullshit, I said the exclusives are complete bullshit! Idiots are paying $200 - $300 for Thundercracker alone on Ebay. If the fans have no problem paying that much for 1 deluxe figure then a 10% price increase won't phase them at all.
Re: Analysts predict 10% increase in cost of toys next year (342945)
Posted by Psychout on September 14th, 2007 @ 4:12am CDT
Its the end of tacky plastic crap toys, and the Transformers will be dragged down with it.
Re: Analysts predict 10% increase in cost of toys next year (342962)
Posted by i_amtrunks on September 14th, 2007 @ 4:36am CDT
So Hasbro are going to charge us even more for their figures?

I won't mind too much if the figures go back to the higher quality figures we got in the Classics and Cybertron lines.

However if the terrible quality of the movie toys becomes the norm, I'll be extremely pissed off.
Re: Analysts predict 10% increase in cost of toys next year (342995)
Posted by Bonger on September 14th, 2007 @ 5:16am CDT
Noisemaze wrote:
Flux Convoy wrote:
Noisemaze wrote:
Megatron_Wolf wrote: This is frakin bullshit man. Hasbro has enough damn money. Maybe they should cut us some slack for a change and pay for it them selves. It could be like them saying "sorry for not shipping enough products out. Because we screwed you we'll pay for this". Thats what should happen.


You wanna know what REAL bullshit is? Botcon exclusives!!! If the fandom doesn't mind paying $300.00 for a Botcon Thundercracker, a figure that's only worth $9.99, then this won't phase them in the least.

I didn't pay $300 for one figure. I paid for six. Plus getting to see friends I made the year before, plus attending the panels, plus the ridiculous good time I had both years straight. Then, there's meeting Cullen, joking with the Hasbro folks, haggling and making jokes with vendors in the dealer room. You really open a heated debate by bringing in the Botcon argument. Especially where it doesn't have any bearing on this subject.
:BOT:


I didn't say the convention is bullshit, I said the exclusives are complete bullshit! Idiots are paying $200 - $300 for Thundercracker alone on Ebay. If the fans have no problem paying that much for 1 deluxe figure then a 10% price increase won't phase them at all.


Well, these are well worth it if compared to other exclusives that demand a similar price.

But, that is off topic.

You make a good point. If Deluxes become 11 or 12 bucks, it won't stop any of us from buying them.
Re: Analysts predict 10% increase in cost of toys next year (342999)
Posted by Auto Bot on September 14th, 2007 @ 5:20am CDT
I hope TF toys won't have a price increase. They're so expensive already!
Re: Analysts predict 10% increase in cost of toys next year (343022)
Posted by Black Bumblebee on September 14th, 2007 @ 5:58am CDT
Oi... so much whinning it's making me sick.

First off--we use a country with a cheap labor force to make these toys. We know it, you know it, etc. China labor is cheap because they don't have as many government restrictions.

Look at the scandal that came out recently about the contaminated cat & dog food that poisoned a large population of the world's furry friends. Where did this come from? China.

We have a love/hate relationship with them. But we can't stop using them, either. If company "a" decides not to use cheap labor, and instead uses, say, an American labor force, they will get beat out by company "b" that doesn't have the same ethics.

And so now we're having to pay a "little" for the inconvenience of making sure that our toys won't give us cancer or some silly stuff. Boo f-ing hoo. If the toys were actually being produced by a well paid working force instead of unregulated sweat shops, they'd be a lot more.

So what if a $40 toy will suddenly be $42. Is that going to kill you? Nope. Will get poisioned by said toy kill you? Well... I think you can answer that yourself.
Re: Analysts predict 10% increase in cost of toys next year (343094)
Posted by Liege Evilmus on September 14th, 2007 @ 7:20am CDT
Outside of the basic scout class, and the elimination of the $15 bots. TFs haven't realy gone up in price in a very long time.

My Beast Wars deluxe figures, off a TRU shelf $9.99.

My Movie Deluxes off that same shelf $9.99.

Hell, I even remeber paying close to that for KickBack WWWWWWWWAAAAAAAAAAYYYYYYYYYYYYYYYY back in the day!

Price hikes are bound to happen eventualy, but we haven't had it so bad. Don't get me wrong, I'm not happy about it, and it is yet another reason to avoid the Animated line, but these things happen.
Re: Analysts predict 10% increase in cost of toys next year (343099)
Posted by i_amtrunks on September 14th, 2007 @ 7:26am CDT
Liege Evilmus wrote:Outside of the basic scout class, and the elimination of the $15 bots. TFs haven't realy gone up in price in a very long time.

My Beast Wars deluxe figures, off a TRU shelf $9.99.

My Movie Deluxes off that same shelf $9.99.

Hell, I even remeber paying close to that for KickBack WWWWWWWWAAAAAAAAAAYYYYYYYYYYYYYYYY back in the day!

Price hikes are bound to happen eventualy, but we haven't had it so bad. Don't get me wrong, I'm not happy about it, and it is yet another reason to avoid the Animated line, but these things happen.


That's all well and good for those of you in the USA.

We've had near constant prices rises here in Australia, mainly on the Deluxe line. Deluxes used to be around $22, but they had edged their way up to $28 by the end of Classics/Movie. Thats with the Australian Dollar getting stronger against the US Dollar.
Re: Analysts predict 10% increase in cost of toys next year (343107)
Posted by Counterpunch on September 14th, 2007 @ 7:31am CDT
Won't happen.

TFs will just get a little smaller.

Prices will remain consistant.
Re: Analysts predict 10% increase in cost of toys next year (343132)
Posted by Creature SH on September 14th, 2007 @ 8:03am CDT
Hm.. since TFs are almost precisely twice as expensive where I live (Germany), I'm afraid that it will lead to a domestic price increase by 20%.
Re: Analysts predict 10% increase in cost of toys next year (343136)
Posted by Dead Metal on September 14th, 2007 @ 8:05am CDT
Hey we in Europe oredy pay duble from what you in the US have to pay, now they want even more?!
F that!
Re: Analysts predict 10% increase in cost of toys next year (343147)
Posted by Moonbase2 on September 14th, 2007 @ 8:15am CDT
Dead Metal wrote:Hey we in Europe oredy pay duble from what you in the US have to pay, now they want even more?!
F that!


Now that is INSANE!!! I can't believe it costs that much for you guys. Or for Australians. Ridiculous.
Re: Analysts predict 10% increase in cost of toys next year (343151)
Posted by Dead Metal on September 14th, 2007 @ 8:21am CDT
Moonbase2 wrote:
Dead Metal wrote:Hey we in Europe oredy pay duble from what you in the US have to pay, now they want even more?!
F that!


Now that is INSANE!!! I can't believe it costs that much for you guys. Or for Australians. Ridiculous.


A Deluxe costs from 15-18 Euros, Alt Ravage costs 27 to 30 Euros and Voiger from 25-30 euroes.
Now let that be translated into USD then rethink your post.
Re: Analysts predict 10% increase in cost of toys next year (343192)
Posted by gogleman374 on September 14th, 2007 @ 9:02am CDT
Bullshit.
Re: Analysts predict 10% increase in cost of toys next year (343237)
Posted by lanzajr26 on September 14th, 2007 @ 9:44am CDT
Counterpunch wrote:Won't happen.

TFs will just get a little smaller.

Prices will remain consistant.


Maybe further on down the road but current and upcoming lines (Animated) already have their molds cast and done, I doubt they'd go through the expense of recasting those figures at this point. We'll probably see even cheaper grades of plastic or fewer paint apps before we see them get even smaller.

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