General Elessar wrote:
I would be very interested to know what the real statistics are. Have GW actually increaced their revenue with each price-rise?
Here's what I can tell you from an insider's view, 2 years removed:
Before the last 2 price increases (think 2008, maybe 2007), GW in my area was doing fairly well. The local Bunker (HQ) was in the top 10 in the world, #1 in the country, and was on pace to be a $1,000,000.00 store. Stores were open 6 days a week, about 9 hours a day during the week, and 12 hours on Sat. There were 3 full timers per store, more at the mall locations.
Fast forward 2 price increases and a change in focus - stores are open 5 days a week, 35 hours total for the week, mall stores are on a skeleton crew, strip stores have 1 employee. They no longer carry blisters in the stores to further reduce overhead, they have closed quite a few stores and have not opened nearly as many as they had planned while I was "in the know". Nearly everyone I know is looking second hand (ebay) or discount retailers. I have bought 1 box, 1 blister, 1 primer and 2 paints in the past 2 and a half years.
I can't tell you their numbers, but I can tell you that when I left, things were not good.
Over the past 3 years, they've done a good job of alienating their vets, firing the enthusiasm out of the company (at least around here) and pricing a lot of people out of the hobby. Don't get me wrong - I blame not the grunts on the front line, and I enjoy the hobby and the friendships. I do have a dislike of the direction they (the bosses) have taken things though. I can't imagine that the decline in quality and quantity as well as the rise in price to "stupid" has helped their bottom line.
Edit: Also, if they try and pull a stunt with a new version of LoTR SBG like they did with Warhammer, well...
$75+ for a rulebook, or $99 for a starter set is [insert expletive here] outrageous. a $50 rulebook is a bit pricey, but they went overboard with Warhammer pricing. That's not really affordable, or I should say, not really reasonable with the current state of the economy and the jobless rate. Sure, it's a hobby, and a luxury, but even so - it should be reasonably priced so that someone who is on a tight budget can at least stay current instead of being priced out.
But hey, what do I know?