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 HOT WHEELS at RM7.50 per card, logic?

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Atomkinder
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PostSubject: HOT WHEELS at RM7.50 per card, logic?   Tue Jul 05, 2011 11:55 pm


Please bear with me, and I know it's long... But I really had say this...

The inevitable has happened. In some places in Malaysia, the price of a Hot Wheels card
is being priced at RM7.50 per card. That is an incredible hike of 60 cent from RM6.90.
Where in the USA, the rise from 99cent to usd$1 was such a huge fuss from USA Hot Wheels collectors,
imagine how would they feel if the hike is over 60 cents.

EDITED

I know for fact that Mattel Worldwide is not doing good in financially.
Mattel is in trouble. The giant toy company Mattel is going through one of its worst crises.
Year after year the company has been having poor numbers performance. Reasons for poor performance are not lacking: the high price of metal and oil (raw material of plastic), high freight and a great pressure for better working conditions of employees in Asia (and consequent increase in labor costs).
But the most painful blow on American consumers was no doubt the price increase across the board. Since its inception in 1968, Hot Wheels is proud to keep the price below the baseline of $ 1, prem this year that barrier was broken, and now the models are found in stores for $ 1.09 to $ 1.11. You may find that the increase was just and that there was not much commercial impact, but this increase of 10% had an immediate effect in the stores, and now the rapidly emptying shelves that are always crowded with products, with tenants taking more and more to put new models on sale. Who first bought 10 cars, nine now purchase the same price, and we're talking about a public living one of the worst recessions the U.S. has ever passed.

Perhaps because of the big huge fuss created in US is even greater, it's lesser painful for Mattel to increased the international market.
It's easier. Hence, here we are going at RM7.50.

Have your say. Say what you feel.
To think of it, I save more money on not buying toys. The obvious right?
I don't have to go crazy spending silly money on petrol and toll for chasing new cases at 7E?
With RM7.50 saved everyday I can cut my car petrol usage by half.
Now why didn't Mattel think of that?







My Cars For Sell!
http://hwcmalaysia.forumj.net/t6054-thunder-roller-for-sell-more#193408


Last edited by Atomkinder on Mon Aug 15, 2011 3:57 pm; edited 3 times in total
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wildspirit
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 12:38 am

Yeah. I m done when I 've done. I m done now.
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netmatrix
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 12:51 am

Already anticipated such price increase since last year. Too many factors already indicate a lot of stuff price increase. Food, house, car maintenance, blah blah. And already lazy to bitch about the price, the waves, the scalpers, crazy company policies, government imposed laws, blah blah. Really getting tired of complaining. I would gladly say, these factors drove me off the cliff, push me off the wall..., whatever. I'm still on Matchbox though. Even then, i'm sure eventually i would stop them.

Inevitable. Last year since November when 2011 wave hit, already have to decide stop or go in collecting. Decide to stop 90%. Since completing what i want in 2010 list just this last month. No more go. Nada. I still do buy few loose cars. But not what i used to collect and take more than 10 carded cars in a month. 20 or more if you count the other brands. Serious money then.

Mattel is in the business of making money just like any other company. If eventually they cannot even reach 1% of sales target, they can just pull HW in Malaysia market and put it in another country. We can rant and rant all we want. There will never be a face to tell us why. Not like how there is a face in TV telling us chicken, chili, eggs and rice price increase.

Anyway our right on voicing price concerns only valid in necessity. We have kementrian to regulate that. The right to voice out on toys covers up till safety and quality. Not price.
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undercoverbrother
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 1:03 am

Mattel. Do the right thing. Don't playa-hate.
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netmatrix
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 1:09 am

undercoverbrother wrote:
Mattel. Do the right thing. Don't playa-hate.

If i were a multi million dollar company..........

DO I EVEN GIVE A DAMN?! lol!
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rajaazlanshah363
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 1:19 am

Things like this will make senior collectors decided to stop collecting because i believe that some of them will be to make a split decision: life commitment or hobby. About new collectors' side, they will think that why do they have to waste their money for a 3 inch toy car as the money can be used for something else that more important. lets do a simple mathematics then to prove my point.

On average, a collector will buy 10 hw carded per month.

1 hw carded= rm7.50

1 month: 10 carded x rm7.50= rm75

12 months x rm75= rm900!

Rm900 per year may not sound much to some of us but to others, its a lot of money considering the economy at this time where all stuffs are damn expensive.

My opinion might not be heard by them but Mattel should be considerate to all young and old collectors that have been buying their product for all this years before doing a drastic decision like this. I'm not surprised if 30% of Malaysian collector will start to sell their own collection and stop collecting for good..
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wildspirit
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 1:41 am

The cycle is complete. Everyone been hitting badly by
current economic situation..thanks for no more diesel subsidy, gas and electricity hike. Just pull back a bit and be smarter.
Get JCard so you get 15% offer or if you good you get a free car plus 15% discount during the sale.
Many us now just mind the basic card what. cool
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musclemania
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 8:45 am

Say NO to the carded, say YES to the loose Twisted Evil
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mushr00m
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 10:31 am

musclemania wrote:
Say NO to the carded, say YES to the loose Twisted Evil

me likey this a lot... ahhahahahaha
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musclemania
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 10:40 am

mushr00m wrote:


me likey this a lot... ahhahahahaha
I'm waiting for Mr.Hot Rod to support this too, hahaha.
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cawan
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 10:43 am

Rm 7.50 ++ is OVERPRICE!! do they think on who is their target consumer?

Lower price = More purchase = GOOD = High Reputation
Higher price = Less purchase = NO NO NO..

which marketing strategy does MATTEL use? i think the 2nd..

to tell my story, since the price reach Rm 6.00 ++, i have cut half of collecting on Hot Wheels.

so now, i saying NO NO NO!!!
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musclemania
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 10:46 am

Shall HWCM have a memorandum / vote to present to Mattel Malaysia? Twisted Evil
Basically, vote is not necessary, hahaha. >99% will disagree for that, hahaha.
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hassan
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 11:45 am

musclemania wrote:

I'm waiting for Mr.Hot Rod to support this too, hahaha.

+1.... What a Face ... bye bye hotwheels...

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Atomkinder
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 11:47 am

No way. They will finger point it's someone else fault.
Sometimes I feel so stupid for supporting Hot Wheels, they milked me and want more.

It's not even a case of, "don't like, don't buy lor" Now it's like "want to buy but cannot afford already"

Hot Wheels toy cars has become a silver spoon brat.
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hassan
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 11:58 am

well it was fun while it lasted... i may not be able to stop entirely but sures hell can cut down on my purchases .... sad sad sad

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jackdy
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 12:03 pm

Atom.. im with u always.. as im slowing down already..... So will do the auction soonnnnn......
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Atomkinder
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 12:08 pm




It's even cheaper buying from online.
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xeifu
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 12:16 pm

thinking or leave it.
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Atomkinder
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 12:19 pm

7.50 MYR = 2.40 USD
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chee keng hong
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 12:34 pm

RM7.50??! Hope Mattel stick this price to the Garage Series Or Speed Machines BUT not the mainline! Then only it worth the pay!!
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 12:50 pm

Atomkinder wrote:



It's even cheaper buying from online.

i was thinking the same thing... buy online cheeper...
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sahama
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 3:33 pm

Since more than 6 months Giant and Cold Storage selling basic at RM7.99 and doing well, I guess whistling
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sinclair
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 6:02 pm

Price affected by forex rate and taxes?

If the price is too high, just wait for promos or offers before buying.

Or as Atom advised, just shop online.
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wildspirit
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 6:57 pm

Yes Online shopping is a word.
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PostSubject: Re: HOT WHEELS at RM7.50 per card, logic?   Wed Jul 06, 2011 9:23 pm

save time + save money + save place
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