Jazzinc 1/6 Batman 1989 Batmobile

sabin23 said:

How is the JazzInc Batmobile production compared to how a Hot Toys vehicle sells in terms of total units?

Joost mentioned today they are making 2,400 units. And I think he mentioned the 1989 Batmobile is one of their best sellers in the history of JazzInc.

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I think I recall him saying that they produce less than 10% of what a company like HT does.

Still, when you consider his company size, and that he has multiple concurrent production runs going on, a single run for 2400 vehicles is pretty impressive. Now there's a guy who earns his vacation

BigWayne said:

I think I recall him saying that they produce less than 10% of what a company like HT does.

Still, when you consider his company size, and that he has multiple concurrent production runs going on, a single run for 2400 vehicles is pretty impressive. Now there's a guy who earns his vacation

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Batmobile 89 is the anomaly, correct?

You mentioned JazzInc produces 10% (of Hot Toys) - if this applies to Batmobile 89, then Hot Toys is pumping out 24,000 vehicles.

Which I highly doubt. That is better than the total sales for most Hot Toys Iron Man figures.

Regardless, I’m happy for all of Joost’s success and how he’s gotten a greater spotlight with the official DC license and Adam Savage exposure.

To be clear, he said less than 10%, and I believe he was talking about total vehicle production, not anything specific to any particular run, so I don't know that number really equates to the HT 89 production. We'll probably never know. The way I understood his comments was that if, as an example, he makes 200 1989's, 100 1966's and 150 Bvs the total is 450, which is less than 10% of whatever HT makes for their vehicles collectively, not to any corresponding vehicle. Again, I'm not 100% certain. I believe his point was that he's a small fish in that market pond, which is pretty obvious.

I've never heard Joost ever indicate a specific edition size on one of his products, so I'm very surprised that the 2400 number was even disclosed. Even the numbered edition plates are "number xx", rather than "number xx of yy". Are you sure that number was specific to the 89 or was he talking about another collective total, like how many batmobiles they are making this year? In his video today about the 95 batmobile, he said "less than 500 units", so that was still consistent with not disclosing the actual edition size.

BigWayne said:

I've never heard Joost ever indicate a specific edition size on one of his products, so I'm very surprised that the 2400 number was even disclosed. Even the numbered edition plates are "number xx", rather than "number xx of yy". Are you sure that number was specific to the 89 or was he talking about another collective total, like how many batmobiles they are making this year? In his video today about the 95 batmobile, he said "less than 500 units", so that was still consistent with not disclosing the actual edition size.

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It was a range (+ or - 100) but not necessarily exactly 2,400; however, that total was specific to Batmobile 89.

If you look in the comments section of the 89 Batmobile product page on JazzInc, Casey Cowsert asked (today) what the final edition size was and Joost (or one of his representatives) replied within an hour and said 2,300 - 2,400 units - cropped screenshot is below.

Not sure if that total accounts for extra units to replace defective or returned vehicles - i forget exactly what Joost said in a past live stream about the industry standard failure rate and how they account for a certain % (he said JazzInc was under that accepted standard).

I believe the discussion was about Batmobile 66 because there was a dialogue with SixthScale Mafia about collectors waiting to purchase in later batches when the kinks were supposedly ironed out. Joost attempted to dispel that theory.

I don’t check the product page often but I must of signed up for notifications because I receive an email update whenever someone posts a comment .

2400 units? Tax man be like...

DiFabio said:

What about the suit vault/armory and Batcomputer? Could you see yourself making those?

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Yes! Especially the bat computer if Hot Toys doesn't make it

Dave_W said:

2400 units? Tax man be like...

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What’s taxation like in the Netherlands (I think that’s where they’re based)?

2,400 x $1,500 = $3,600,000 USD*

* Not accounting for overhead, R&D, licensing and other expenses.

Less than 500 units for the Forever Batmobile, 5x less than 89. Wowzers!

JazzInc said:

Yes! Especially the bat computer if Hot Toys doesn't make it

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Awesome, great to hear. So glad I got the Mars Toys Alfred then, he’ll look so great in a JazzInc ‘89 Batcave tidying up Batman’s arsenal next to the vault.

Hot Toys have dragged their feet for two years on the Batcomputer now, I’d rather see it done by you. You guys could probably come up with some nifty ingenuity, like swap out screens, something Hot Toys would be too lazy and cheap to even attempt. Great stuff.

sabin23 said:

What’s taxation like in the Netherlands (I think that’s where they’re based)?

2,400 x $1,500 = $3,600,000 USD*

* Not accounting for overhead, R&D, licensing and other expenses.

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Ok, sharks, that's an interesting question but taxes is the least of our worries.
Corporate tax is 26% and another 25-34% for dividend tax in The Netherlands. Add to that supply chain (which is a whopping 70% in our case and unheard of in the business to put 70% back into the product). Then add Warner Bros licensing percantages, our salaries, equipment cost, rent for office and storage, PayPal and credit card fees, accountancy fees, website (build, maintenance and hosting), bank fees, R&D and other overhead and you'll see why no other company in the world is able to make this work. You cannot be in it for the money.

Also, as you can see I did not mention Retail, wholesale and marketing cost, because there is no room for that. Also no exhibition costs like nice big stands on Cons), because we cannot afford it. An average brick and mortar retail store selling collectibles will have a higher gross margin than we do and we do everything from design, to production to sales to supply chain and logistics and aftersales.

JazzInc said:

Ok, sharks, that's an interesting question but taxes is the least of our worries.
Corporate tax is 26% and another 25-34% for dividend tax in The Netherlands. Add to that supply chain (which is a whopping 70% in our case and unheard of in the business to put 70% back into the product). Then add Warner Bros licensing percantages, our salaries, equipment cost, rent for office and storage, PayPal and credit card fees, accountancy fees, website (build, maintenance and hosting), bank fees, R&D and other overhead and you'll see why no other company in the world is able to make this work. You cannot be in it for the money.

Also, as you can see I did not mention Retail, wholesale and marketing cost, because there is no room for that. Also no exhibition costs like nice big stands on Cons), because we cannot afford it. An average brick and mortar retail store selling collectibles will have a higher gross margin than we do and we do everything from design, to production to sales to supply chain and logistics and aftersales.

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Awesome answer. The next post was probably going to be a request for a copy of your tax returns

Truth be told, your business is just that - your business. We’re all just thankful that you’re in it.

BigWayne said:

Awesome answer. The next post was probably going to be a request for a copy of your tax returns

Truth be told, your business is just that - your business. We’re all just thankful that you’re in it.

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I was wondering about that as well, but since we have the most efficient and low cost setup in the industry where an unheard amount goes back into products for the customers, I am happy to open my books. No-one else will.

I really welcome those questions and comparisons, because people need to understand that even though we charge more, we earn (MUCH) less. Other companies in the collectibles (or other industries) have to keep so much more margin for greater overhead, margin to share with wholesalers and retailers, as well as marketing budgets, the amount of your dollars they can use for your products is much less, both in absolutes as well as relative percentages.

BTW, I believe you can even find our annual reports somewhere on the Dutch Chamber of Commerce, so you can verify what I am saying for yourself. Again, if what we're doing was such a lucrative business more companies would be doing it (both licensed and illegal, like you see in the figures business)

And while we're at it, let's address one of my pet peeves. People say our batmobiles are three times the price of Hot Toys. That is just not true. The Hot Toys goes for anywhere between $750 to $950 depending on the retailer, so our $1499 is not three times that amount. And counting the shipping cost is irrelevant as it gives me no extra budget to work with. That's just what Fedex Charges.

Indeed, taking the 1989 as an example, since our unit is over 11% larger in all dimensions, that increases cost by a factor of 1,112 to the third power, which yields a cost increase factor of 1,375. Take the Hot Toys lowest price of $720 and multiply it by that factor, you're already at $990. That only accounts for the size difference. Then add all our extra features and take into account that they have 10x the economies of scale and then you're comparing apples to apples.

I’ve bought the Batwing, Batsignal and I’m paying for the ‘89 Batmobile and it’s never even crossed my mind to compare these vehicles and diorama pieces to what ordinary companies are producing. They’re in a different league, often bigger and more complex than what most 1/6 companies are willing to do. With all the work and passion that goes into the JazzInc collectibles, I don’t think twice about what I’m paying. The only question is, can I swing it.

I scoff at a Hot Toys figure like Robocop 3 that is $400 out of the gate, or $350 for a basic Maguire Spider-Man or Dafoe Green Goblin because their is no effort or passion or craftsmanship behind them. I think those prices for a lone figure are ridiculous. A $1,500 Batmobile with all the bells and whistles and a passion project among the team that makes ME feel like I’m a part of it. It’s apples and oranges.

When I see a company out of the gate asking a whopping $1800 for this,

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I know that the Batmobile is a “good deal” and that I’m getting what I pay for.

3 more payments for me, and of course shipping. August can't come soon enough.

Anyone else have issues with the manual monthly SEPA payments. Through the website Stripe takes about a week to process, so I accidentally transfered two payments in one month, because I thought it didn't take the first time.

Freakazoid! said:

Anyone else have issues with the manual monthly SEPA payments. Through the website Stripe takes about a week to process, so I accidentally transfered two payments in one month, because I thought it didn't take the first time.

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Don’t wait for the payment date would be my suggestion, you can pay little bits multiple times. I sent him $20 bucks like 4x in a single day, it’s the best use of a payment plan system I’ve seen. Instead of waiting till the 4th of every month for instance for the monthly $200 charge, just shoot him some quick cash throughout the month until that month is paid off in advance.

Pics of the box.

Rondesmo said:

Pics of the box.

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Rondesmo said:

Pics of the box.

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As this is licensed now I get that Jazzinc is required to have box artwork that will meet DC/WB requirements, but I can't help wondering what additional feature(s) we could have gotten if this just came in a boring cardboard box. No matter how nice the boxes look, 99% of them are still just going to end up in either storage or a landfill lol.

Personally, the box is part of the joy when it comes the moment of unboxing.
I like look at it. The box itself tells you a story. Like a record sleeve or movie poster IMO.