How do GW improve sales?

[SvenIronhand]

4 hours ago, Griefbringer said:

Also, adult customers may have an effective "impulse buy price limit" as to what they are willing to pay for a product without thinking about the topic overnight. I tend to plan my purchases for a couple of days, but I can occasionally be enticed to buy modestly priced items on impulse - but less likely to do so with items priced above £20 or so (which sort of matches with upper end of the pocket money category for the youngsters).

For sure.

[Evil Eye]

I think more impulse-buy priced products would 100% help. If you could buy a small model for £15 or less (like the days of metal models on blister packs) I would be far more likely to splurge on a character or whatever when I went in. The fact the cheapest model is like £24 makes "sure why not" turn into "hmmm, some other time" more often than not.

[Lathe Biosas]

36 minutes ago, Evil Eye said:

I think more impulse-buy priced products would 100% help. If you could buy a small model for £15 or less (like the days of metal models on blister packs) I would be far more likely to splurge on a character or whatever when I went in. The fact the cheapest model is like £24 makes "sure why not" turn into "hmmm, some other time" more often than not.

 

Heck, I bought one of those random Age of Sigmar models from a Target for 8 bucks.

 

I didnt actually need it, but strangely 8 dollars seemed like a good deal for a Warhammer model.

[Halandaar]

2 hours ago, Griefbringer said:

Regarding that "magic £20 price point", maybe I should mention that the various Journal-supplements for the Specialist Games are still priced below that, at £17.50 (and do not need require any glue or paint). I have actually impulse bought a number of the Arcane Journals (The Old World), but they are quite close to my impulse buy limit, and somewhat limited value for the money at 48 pages. And while the ones I have got are nicely done, they provide rather limited depth to the background ("lore") or game itself, so I have decided to abstain from buying more for the time being unless they come with some excellent ones (or provide more content for the price).

 

I presume that many youngsters would rather spend their £20 not on a handful of models to assemble and paint, than on a Journal-style booklet. The Specialist Games range does not offer much in the way of options at that price point either - typical Necromunda box (two identical sprues of four models) or Blood Bowl team box seems to come at £33.50 which would require some saving up for someone relying on pocket money. (There might be some educational value in teaching a young person to plan ahead a bit and save for something that the person really wants, rather than blowing everything on impulse purchases, but I am not counting on that being part of GW business plan...)

 

Yeah Arcane Journals are in the sweet spot for me to consider picking one up when placing an order for something else, especially at FLGS prices when I'm looking to hit a free shipping threshold. As a result, I have a lot of them. But if there were decent plastic characters at a similar price, I'd probably pick those up instead, and kids would certainly find models more compelling than rulebooks supplements, at least initially.

 

Personally feel that there is a perfect range of products that already exists for the £5/£10 price point, and it's single pose push-fit character models. Stuff like the Royal Warden, Tyranid Prime, Astartes Lieutenants, Technoarcheologist etc. GW is prepared to put these things on the front of £2.99 Hachette magazines, there's absolutely no reason to price them like premium kits the rest of the time.

Edited yesterday at 04:04 PM by Halandaar

[Dark Shepherd]

23 hours ago, Halandaar said:

 

You can't rely on a single product launch every three years to bring in new hobbyists, you need to give them an affordable on-ramp all the time. Sure, an introductory box with a couple of squads worth of models and some paints is fine conceptually, but it's nearly £50. That might suit adults looking to start the hobby, but it's useless for kids/teens who simply aren't going to have that kind of money available, and parents will often balk at spending that much on something they don't know the kids are going to stick with.

 

Pocket money prices have been mentioned a few times in this thread and I think ignoring those is such a massive failure by GW. You can't nostalgia-bait millennials forever, you need a new wave of hobbyists in 10 years, 20 years and so on. Giving a kid a free Clanrat at the Warhammer store is meaningless if, when they have a tenner of pocket money to spend, you haven't got a good product to offer them.

 

If you go to the web store and the "shop all" tab of 40k and sort by price. The cheapest complete model you can buy is a pair of Tau Drones for £13. There are only six kits (excluding upgrade sets which are useless on their own) for under £20 in the entire range. SIX. And four of them are webstore only, so in all likelihood a kid going in to a GW or FLGS with £20 to spend is walking away empty handed. It honestly boggles my mind.

 

When I was starting out in the 90s there was a huge amount of stuff I could spend my few quid on; boxes of plastic models for £5, blister packs of metals for the same price, single models for cheaper. In 4-5 edition there were little £5 boxes of push-fit core troops, and even as recently as 8th you had those £10 easy-build boxes. £5, £10, £20 are psychological thresholds and failing to have model kits available at those prices to keep kids (and adults with limited budget available) engaged until they can build up to bigger sets is, imo, GWs biggest failing in their product offering currently.

The ETB kits from 8th!!

 

They were great, and from what I remember, popular

[Evil Eye]

2 hours ago, Dark Shepherd said:

The ETB kits from 8th!!

 

They were great, and from what I remember, popular

I should buy more blight-haulers. They're very cheap and honestly great kits, and I can see them being great for kitbashes as they're surprisingly detailed despite being incredibly beginner-friendly.

[Karhedron]

6 hours ago, Dark Shepherd said:

The ETB kits from 8th!!

 

The problem with ETB kits is that each sprue GW tools costs upwards of £100K. If they sell ETBs alongside the MPKs, they risk making it harder for the MPKs to break even. 

[Griefbringer]

2 hours ago, Karhedron said:

If they sell ETBs alongside the MPKs, they risk making it harder for the MPKs to break even. 

 

At the corporate level, it is the total sales that matter, not really whether the individual kits break even. That said, if you make two different versions of the same product, then the total sales need to go up to justify the costs of designing and tooling two versions of the same product.

 

( I presume that ETB = Easy to Build, and MPK = Multi-Part Kit.)

[Jukkiz]

2 hours ago, Karhedron said:

 

The problem with ETB kits is that each sprue GW tools costs upwards of £100K. If they sell ETBs alongside the MPKs, they risk making it harder for the MPKs to break even. 

Yet again, they keep making one off models or fomo models still. 

The yearly subscribing models is prime examples of this. Why make them one offs if they could be sold later with regular prices and get some molding costs back?