Budget Stark - Why do Hot Toys figures cost more now, than 5 years ago.

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Your augment is upside down. The people that are presenting their info as fact are of the group that does not have experience in the industry, and the people that have worked in the industry are not misrepresenting their characterizations.

You are also over looking the fact that Motuxmen has started that he worked for SSC and has negotiated with Hot Toys.

I been purposely generic to avoid folks taking my comments personal but I am aware those who post having industry knowledge versus those without...Its clear my message isn't being received as intended and to avoid a flame war with either side I'll leave it as: i am not questioning anyone's industry experience, business acumen, intention or opinions...with that I'll bid you a good night
 
Going to try this again, since I didn't get the order correctly last time round, hopefully it's a bit more coherent this time:

Figures Company Steps to Making Quick Cash out of Consumers:
  • The Negotiation
  • The License
  • The Legal Date
  • The Sculpting and Revisions
  • The Master Mould Production
  • The Master Painting
  • The Approval
  • The Materials Gathering
  • The Templates
  • The Mass Production
  • The Painting in Numbers
  • The Quality Run
  • The Promoting
  • The Final Step

The Negotiation
The first and foremost step in every figure/ scale model production, acquisition of sole rights/ copyrights for mass reproduction of said item. With a lucrative deal in profits to be made from both sides of the companies, Hot Toys would have to compete with other companies on getting rights to reproducing Marvel's franchise characters. This is actually a standard process where most companies will present their portfolio to the intended company in the hopes of securing a production run. It's up to the tenderer, in this case Marvel to review and award accordingly based on their needs and directions.

The License
The license is as it is, a legal document that binds both company to an agreement, under which most of it is not revealed to the general public, but will cover a lot of items including release dates and limitations of the licenses. It is usually on paper an agreement that the awarded company can use the tenderer logo on their promotional materials. In short, they are free from any legal issues arising from using Marvel's logo, characters, etc so long they stay within the the agreement. The license is something Hot Toys have to pay for usage, and that does not comes cheap. The more companies tries to obtain the license, the likelihood of the licenses going through the roof.

The Legal Date
To prevent squatters (companies who sits on the licenses awarded) and I'm sure Marvel has learnt its lessons following from Fox Pictures and Sony Films, Hot Toys would have a date to work on the materials, and subjected to cut off dates. Marvel also has the rights to review the dates and adjust accordingly it sees fits. This is important so that Marvel do not have to wait a long time for the production turnover and prevent them from getting more profits than intended, as the initial surge of interests dies off after a while.

The Sculpting and Revisions
The main sculptors of Hot Toys (The A-Team) would reference from materials provided by the studio, run a 3D face scan of the actors/ actresses (or whatever they need to create a accurate sculpt) and create an accurate sculpt of the character. This is not something that is done within a day, week or month. It's probably a long process between the 2 studios as they attempt to communicate the best they can while revising the sculpt. For example, a Robert Downey Junior likeness for Iron Man 3 may run for a few revisions before it is agreed by Marvel and RDJ to go ahead for the Master Mould run.

Thus, to get it right and reduce the amount of time spent on each figure, the A-Team have to be accurate or quite accurate on the first revision. Sculpting is not as easy as it seems and it really involves a lot of time and redoing. The A-Team besides being talented in the first place, would need to spent years honing their skills, and those are not achievable by just themselves; and most probably they have to go on training, courses to improve their skills. All these? Supplied by Hot Toys of course. Wouldn't you balk at the idea that you have to take your money to further improve yourself if you are good enough to be recognized in the industry?

It doesn't just ends here, these sculptors are most likely poached (or tried to) all the time by rival companies, in an effort to get a star talent to head their projects and you know, provide better argument for The Negotiation. Hot Toys will have to spent a bit retaining the talents, while at the same time nurturing and discovering new talents to add to their pool. Ideally that's how a good business will be run.

The Master Mould Production
As suggests, its basically a final run before mass production of the sculpt. This is usually accompanied by minor revisions again, adjusting and inputs from the studio/character portrayals, etc. But in short, this is pretty close to production stage.

The Master Painting
The painting would also be done by the main sculptor first, again, based on their reference materials. It used to be slightly simpler which the face layer has just a few layers of painting and you call it done, but with wax like quality figures in recent times, it's layers and layers of adjustment painting. Did I mentioned that not so long ago most figures eyes are mostly just decals? It's not so simple now with recent headsculpts.

The Approval
The completed prototype would be subjected to the final approval from the studio and such. This prototype will be the basis for the remaining runs, and usually they called it the Master Kit. It can be... a few similar kits produced together depending on the situation (bigger production runs = more Master Kits needed) The approval is the crucial step because that's when the Mass Production can truly began. (No sane company is going to do a complete production run and only to get disapproved by the parent company, imagine the massive losses.)

The Materials Gathering
The materials are the first thing to be secured, this can be the plastics, , metal, resins and even the cloth needed for the costumes. The more complicated the figure, the more time and money is needed for securing these. Raw materials have steadily risen in price over the years and this will inadvertently affect the final pricing of the figure.

The Templates
These range from the body production to cloth production. All these need a template. The body, headsculpts and most accessories run through a Master Mould, which is basically a male and female mould containing the shape of the item usually, and hot resin/ plastic is passed through this mould.

A Master Mould usually costs quite a bit, cos as it suggests, it's the master and thus it shouldn't be discarded just after a few runs. HOWEVER, they do have a lifespan, since wear and tear happens, which would explain very much why Hot Toys in general have limited production runs for each figures.

There are a few explanations for this, namely it's cost prohibitive to produce another Master Mould after the initial production since the likelihood of obtaining maximum profits from the first run is not going to happen, after the interests dies off.

Keep the quality high for each figure run, which is very true for most Hot Toys figures.

And the least possible reason, keep the aftermarket price; since it's considered limited edition, ideal for collectors or hoarders.

Maybe in the early days, these are not so important since Hot Toys need to survive first, and they probably run till the Master Mould wears out and down but they have a reputation to keep now.

The clothes are another issue, since some costumes can be very intricate, there's a need for templates to be made, which reduces the overhead time and keep a steady rate of production. These are drawn up by artisans who will maximize the usage of the subject material space and plan properly.

I have to share though that the current 1/6 scale clothings are not easy reproduced, my mother who was a seamtress do not appreciate the fact that these are small to work with and normal human size templates scaled down to 1/6 just does not work. She speculates that some of the details of the clothings are probably specially engineered by a specialized machine/ template or even both to get the desired quality and fast production.

The Mass Production
The mass production is as suggests, production in high numbers, the machines will churn out the items, and the workers will get to work on the manual stuff, such as putting on the clothes, facial painting and detailing, things that machines will have a tough time or unable to reproduce in accurate amount.

The Painting in Numbers
The Master Kit is used as the defacto reference for reproduction by the factory workers. These are normal day to day workers who work long hours hoarded up in a factory painting your figures, applying decals, weathering, etc. They are your heroes, producing figures so that you can argue online whether it looks like Robert Downey Junior in actual hands.

The painting is usually true to the Master Kit, with small slight differences. They are very very labour intensive since these are small details the workers have to take note of. Compared to the Master Kit, which has spent a considerable amount of time on the input and output, these mass produced figures will pale in comparison, but damn if it still doesn't looks good. Except for a slight slipped up or two at times.

Most of these workers would have to undergo basic training on painting and assembly, and they will also be subjected regularly to training, similar to the A-Team. Most of the A-Team got their start from the bottom of the food chain, which is here. They get recognized, whether through their talents or efforts and moved up the career ladder.

It is imperative Hot Toys pays a lot of attention to these group, since they are the main driving forces before the final figure is packed into the box to be shipped. Retaining skilled workers and recognizing new talents is probably the most crucial thing for Hot Toys here.

The Quality Run
At this point, it's mainly quality checking and ensuring each figure looks almost identical to each other. This includes the packaging and materials. Most of the packing are outsourced usually to save time but the figures themselves would undergo some form of checks before packing.

You will have the occasional slip ups but it's understandable since the amount of figures and time needed to check each figure can be time consuming. Not to mention some issues don't get spotted until its out in the market. The good thing is Hot Toys do allow exchanges and are reasonable usually.

The Promoting
This doesn't really belong here, since by this time the promotion would have been long over by Hot Toys. MOST companies though, will run a promotion on their latest releases, followed by an expected shipping date. Usually this is within a few months ahead or just days ahead as they neared the release date.

In the case of Hot Toys, the prototype is used for the promotion first, followed by actual production runs, shipped to a few select known reviewers for their assessment and photography as additional promotional materials.

The Final Step
Finally, the shipping. The logistics, I shall not delve into as it's mostly debatable. BUT Hot Toys is just the producer and the distribution rights are maintained by them to the distributors. I noticed that certain figure has a higher markup than other countries and that could be usually due to the shipping logstics, taxes, distribution agreement (Distributor only took 1/100 of the production run, thus running higher in costs of the figure) stuff like that. It's really up to the distributor at this point in time.

Unless of course you are in Hong Kong. Then you can get from Hot Toys direct.

On a small side note: I reside in an Asian country, got my start in scale modelling first before collecting Iron Man figures, followed by a long break, and then restarted on this from DX 11 Joker and DX 12 Batman.

You are free to disagree with the processes, as I mainly took reference from the scale modelling industry largely. But these 2 areas run in a pretty similar fashion, I really don't see an difference from them except that the end product caters to different groups of enthusiasts.

Is the rise in cost justified? It is, to an extent. We may not know everything, but there's a lot of factors at play when it comes to rising costs. Many of use are new to the hobby and it seems we have a completionist attitude, which further drives the point that Hot Toys or other companies can charge whatever they want as there will be people taking it up, case in point, Iron Man Midas which is an convention exclusive and we see hoarders jacking the price up immediately after purchase. This is the same situation happening in sneakers release right now (The Air Jordans are the prime example)

My only advice to those who dislike the prices, don't place an order. NO DEMANDS, NO SUPPLY. Make a calculated decision before placing that order. Hot Toys or other companies are not taking a gun to your forehead and forcing you to buy. You have a choice, answer them with your wallet and naturally the price will be adjusted, in a while.

Now if I can have a dollar from everyone who seen this post it would be great. :pray:

TL : DR, Hot Toys priced this figures because they can, if you choose to ignore all the above stated points

DR, Hot Toys priced this figures because they can Totally agree with this statement...the price hike also discuss in the statue thread. at least i can see that in HT the quality is improve/
 
Well there's some acceptable reasons. I'm living in Turkey and I'm aware what infilation is.

But I have some critics though. For example new Hot Toys Mark XLIII figure. Sideshow still selling XLII figure for $309. Ok we can agree that it's diecast etc...

But now Hot Toys produces a new XLIII figure. But there's not any new r&d works, new sculting process, new molds, new manufacturing processes etc... Just a new painting model. Even not any new paint colors. We may expect at least same price because of that. But it's price is $344 in Sideshow. I know there's a new base and Ultron half figure but we don't buy it for this features. These are extras and I'm not agree to pay more than %15 for this extras. Especially with these cost reductions that I talked above.

Hold on a second. We cannot just explain it with inflation or more license contracts etc... I know Hot Toys is a full profit company and looks to get more profit in any opportunity. But not always prices depends on environmental factors and costs.
 
Well there's some acceptable reasons. I'm living in Turkey and I'm aware what infilation is.

But I have some critics though. For example new Hot Toys Mark XLIII figure. Sideshow still selling XLII figure for $309. Ok we can agree that it's diecast etc...

But now Hot Toys produces a new XLIII figure. But there's not any new r&d works, new sculting process, new molds, new manufacturing processes etc... Just a new painting model. Even not any new paint colors. We may expect at least same price because of that. But it's price is $344 in Sideshow. I know there's a new base and Ultron half figure but we don't buy it for this features. These are extras and I'm not agree to pay more than %15 for this extras. Especially with these cost reductions that I talked above.

Hold on a second. We cannot just explain it with inflation or more license contracts etc... I know Hot Toys is a full profit company and looks to get more profit in any opportunity. But not always prices depends on environmental factors and costs.

I understand your frustration....but you mostly dismissed two things that could be huge cost enhancers...license and tooling.

The licensing part...the mark 42 is from iron man 3. A film that has one lead (RDJ) and a few secondary actors (not they are less actors but less roles). With the mark 43 the armor is in a movie with six lead actors. Each actor may have a clause in the contract with marvel that they get a percentage of merchandising profits. Not just stuff with them direct, but with the avengers logo. Also, there are a different set of producers and investment companies and secondary studios and then there is Joss Whedon. The armor is essentially a repaint but as far as licensing is consider its a unique movie with no connection to the others.

Second is the tooling. When the tooling is made for the 42 it could have had a shelf life (number of times a die can be used until it needs to be replaced or reworked). I don't know if that is the case. But it's a possibility. Even if not the figure still has tooling costs. For billing and use if a figure reuses tool and die(or molds) the cost is less but still built into the cost. It's complicated but it has to do with licensing issues. If they don't build that cost into a licensing package it could have issues going forward. Like I said it's complicated, and if you dnot have experience with the way it works you won't usually get all the ins and outs. But they are still there.

Yes of course profits play a part. But that's not all of it.
 
every time i see the price jump i cringe, especially mark 43, but it's important to remember hot toys sells figures to SSC who then distributes them to US and EUR dealers. There is a reason we can't buy directly from Toy Hunters and it's that Sideshow sets the prices for the US and EUR. Now every middleman who sells ht bases their price on ssc's, even if they don't buy from them. AoU license could affect Mk 43's price tag but a 15%+ increase seems a little much. I don't like it but i'll take the quality we get now. IMO there's no comparison between 2009 ht figures and 2014 ht figures. I also blame enterbay for making other 1/6 companies think it was ok to sell figures at $300 plus. They have been licking their chops ever since.
 
Some figures and my thoughts on their prices:

Robocop 2.0 - $300 - Excellent figure. Diecast is limited for the $300 price tag. A bit overpriced
Thor Dark world - $230 - Easily the best thor. Worthy of the cost.
t-800 BD - $310 - My favorite terminator figure but without the 2nd body the price isn't justified imo
Dx-08 Joker - $270 - Amazing figure but a little overpriced.
Batman Armory - $380 - the dx12 didn't have a great price but for $100 more this set is definitely worth it.
HULK - $300 - he doesn't have much but he's too awesome to complain about that price
Dx jack sparrow $230 - a great figure. worth every penny.
Indiana jones - $250 - I love this figure. $250 is a terrible price.
man of steel - $200 - excellent figure and reasonably priced. Worst part about him is the movie he reminds you of.
iron monger - $450 - one of hot toys coolest figures but for the price he's more a niche figure for hardcore IM fans. Worth the price but not for everyone i'd say.
igor - $500 - LOL
The Bat - $600+ - WTF?
Rocket raccoon - $160- clearly overpricing the fan favorite. ht spiderman was $130
Rest of guardians - decently priced. It seems the typical figure is $200-230 now.
mk 43- $350- there better be more diecast
 
every time i see the price jump i cringe, especially mark 43, but it's important to remember hot toys sells figures to SSC who then distributes them to US and EUR dealers. There is a reason we can't buy directly from Toy Hunters and it's that Sideshow sets the prices for the US and EUR. Now every middleman who sells ht bases their price on ssc's, even if they don't buy from them. AoU license could affect Mk 43's price tag but a 15%+ increase seems a little much. I don't like it but i'll take the quality we get now. IMO there's no comparison between 2009 ht figures and 2014 ht figures. I also blame enterbay for making other 1/6 companies think it was ok to sell figures at $300 plus. They have been licking their chops ever since.


Sideshow does not set the price. hot Toys does. The reason places like toy hunters and secret base don't ship to sideshow covered areas is becuase of the hot toys contract. Hot toys sets the prices. It's kinda like how new car dealers work. Ford sets the price, and your local ford dealer sells them. Its not exactly the same but that's how pricing works.
 
Sideshow does not set the price. hot Toys does. The reason places like toy hunters and secret base don't ship to sideshow covered areas is becuase of the hot toys contract. Hot toys sets the prices. It's kinda like how new car dealers work. Ford sets the price, and your local ford dealer sells them. Its not exactly the same but that's how pricing works.

Sideshow can sell the figures at whatever price they want, is up to them to take a loss or profit on the figures. Once Hot Toys gets paid by SSC is not their concern. Look at the prices SSC had to sell the Mandarin, the Mechanic, and the MoS lineup...not the prices established by HT.

But obviously if HT increases prices, SSC will have the increase theirs...
 
The one big assumption your making is that we are both guessing based on the same info. Which, since you stated you have no industry knowledge and no business experience would be incorrect. I have worked at sideshow. Both internally (on payroll) and externally as both a partner on a few projects and hired to do a few projects. And specific to this conversation, with the hot toys distribution deal. I've spent (outside of around ten years in the military) my whole life in either studio work (wardrobe, prop master, sets, visuals, cinematography, talent management, and effects) or toy/statue work. And not just adult life, as my family works in the same fields. So I do have a better inside look then your average person. This is where my info comes from, and what I base my opinions on. I'm not saying I'm always right. But I am saying that I do have a unique insight into how this works.

The way your ideas are laid out and make perfect sense. It's more or less how it should be done in a perfect world. But unfortunately it's not exactly how it is done.

If you have two figures that the only difference are paint apps then you would think it would be smart to run them all at the same time. And some places can and do do that. But because of a laundry list of things it's not exactly how hot toys can do it. And even if they did, it really would make little difference to the cost to manufacture each. Because of the way the figure needs to be billed and other crap.

And there's a ton of reasons they wouldn't produced the figures at the same time. Schedule for manufacturing on these is something Hot Toys has very little control over. Every single aspect of the figure, from prototype, to box and packaging has to get individual approval from the licensing company. In this case marvel. So they make a prototype. It gets sent to marvel(or marvel rep comes and checks it out, or they Skype or do photos but generally it's an in hand deal). They have to wait for marvel to give them a yes or no. They get an approval and then the engineering and tooling gets laid out. They make a small test run. They assemble it and then the production figure goes thru that whole approval process again to make sure it still meets marvel standards (and sometimes the actor and sometimes the producer also and sometimes a whole separate studio is also involved). After that gets back they can then get a full production run done. Now while this is going on the factory does not sit idol. They are always producing something. So the tooling for the figures out for approval are pulled and the ones already passed that step are being run. (Or stuff from other lines and companies). And because this is something that takes a random amount of time they can't schedule the run until they have approval already. This happens for the box stuff too. And this is just the logistic side.

For sales reasons they would not want to have to nearly identical figures out at the exact same time, as most people would pick one and pass on the other. But if they are spread apart the chances of that go down. But because they are so close they know one will have lower sales no matter what, so that's why one is produced in lower numbers.

Now for billing reasons and tax reasons and a couple other boring reasons that most people don't care or know about...each figure will have unique tooling costs. Even if they spread it out even between the two figures. So half the cost goes to red snapper and half the cost goes to peacemaker. It doesn't matter what the total cost is, but it's split evenly. Make sense? Which would mean they both have the exact same tooling costs. They both have the exact same licensing costs. Those are the two largest costs in manufacturing a figure. A general rule of thumb would be 75-95% of the total cost to produce. Sometimes more sometimes less.

So if almost all of your costs are exactly the same but one figure is produced in larger numbers then the other that means to make the same amount of money the figure produced in lower numbers would require a higher retail cost.

I believe the biggest issue here is you are thinking they take the tooling costs (if they run them at the same time or not) and spread them evenly over the total number of figures produced. Which is not how it's done. At best if the tooling is completly the same between two unique figures, and they are run at the same time and sold at the same time (with peacemaker and red snapper everyone knows they where not sold at the same time, so if they where run at the same time you would still have added cost of warehousing and a few other things all depending on how long they are held back) the costs are split between sku or unique license or name or design. Whatever you want to call it. Peacemaker gets half. Red snapper gets half. At the very best.

Each figure is a unique product. The TV/movie merchandise business is insanely complex.

If a toy company owned the figure rights and owned it's own manufacture and shipping and packaging and had its own in house sculpting department and painters and there was no government regulations and they could sell direct, it would work exactly like you thought it should. Well it should anyway. Sadly it's just not the way it does work.

Even a company like Mattel with a line like Masters of the universe, which it owns and is not licensed from another entity, does not run that simply. They hire outside sculptors, and distribution and manufacturing. All of which complicates things.

Going to try this again, since I didn't get the order correctly last time round, hopefully it's a bit more coherent this time:

Figures Company Steps to Making Quick Cash out of Consumers:
  • The Negotiation
  • The License
  • The Legal Date
  • The Sculpting and Revisions
  • The Master Mould Production
  • The Master Painting
  • The Approval
  • The Materials Gathering
  • The Templates
  • The Mass Production
  • The Painting in Numbers
  • The Quality Run
  • The Promoting
  • The Final Step

The Negotiation
The first and foremost step in every figure/ scale model production, acquisition of sole rights/ copyrights for mass reproduction of said item. With a lucrative deal in profits to be made from both sides of the companies, Hot Toys would have to compete with other companies on getting rights to reproducing Marvel's franchise characters. This is actually a standard process where most companies will present their portfolio to the intended company in the hopes of securing a production run. It's up to the tenderer, in this case Marvel to review and award accordingly based on their needs and directions.

The License
The license is as it is, a legal document that binds both company to an agreement, under which most of it is not revealed to the general public, but will cover a lot of items including release dates and limitations of the licenses. It is usually on paper an agreement that the awarded company can use the tenderer logo on their promotional materials. In short, they are free from any legal issues arising from using Marvel's logo, characters, etc so long they stay within the the agreement. The license is something Hot Toys have to pay for usage, and that does not comes cheap. The more companies tries to obtain the license, the likelihood of the licenses going through the roof.

The Legal Date
To prevent squatters (companies who sits on the licenses awarded) and I'm sure Marvel has learnt its lessons following from Fox Pictures and Sony Films, Hot Toys would have a date to work on the materials, and subjected to cut off dates. Marvel also has the rights to review the dates and adjust accordingly it sees fits. This is important so that Marvel do not have to wait a long time for the production turnover and prevent them from getting more profits than intended, as the initial surge of interests dies off after a while.

The Sculpting and Revisions
The main sculptors of Hot Toys (The A-Team) would reference from materials provided by the studio, run a 3D face scan of the actors/ actresses (or whatever they need to create a accurate sculpt) and create an accurate sculpt of the character. This is not something that is done within a day, week or month. It's probably a long process between the 2 studios as they attempt to communicate the best they can while revising the sculpt. For example, a Robert Downey Junior likeness for Iron Man 3 may run for a few revisions before it is agreed by Marvel and RDJ to go ahead for the Master Mould run.

Thus, to get it right and reduce the amount of time spent on each figure, the A-Team have to be accurate or quite accurate on the first revision. Sculpting is not as easy as it seems and it really involves a lot of time and redoing. The A-Team besides being talented in the first place, would need to spent years honing their skills, and those are not achievable by just themselves; and most probably they have to go on training, courses to improve their skills. All these? Supplied by Hot Toys of course. Wouldn't you balk at the idea that you have to take your money to further improve yourself if you are good enough to be recognized in the industry?

It doesn't just ends here, these sculptors are most likely poached (or tried to) all the time by rival companies, in an effort to get a star talent to head their projects and you know, provide better argument for The Negotiation. Hot Toys will have to spent a bit retaining the talents, while at the same time nurturing and discovering new talents to add to their pool. Ideally that's how a good business will be run.

The Master Mould Production
As suggests, its basically a final run before mass production of the sculpt. This is usually accompanied by minor revisions again, adjusting and inputs from the studio/character portrayals, etc. But in short, this is pretty close to production stage.

The Master Painting
The painting would also be done by the main sculptor first, again, based on their reference materials. It used to be slightly simpler which the face layer has just a few layers of painting and you call it done, but with wax like quality figures in recent times, it's layers and layers of adjustment painting. Did I mentioned that not so long ago most figures eyes are mostly just decals? It's not so simple now with recent headsculpts.

The Approval
The completed prototype would be subjected to the final approval from the studio and such. This prototype will be the basis for the remaining runs, and usually they called it the Master Kit. It can be... a few similar kits produced together depending on the situation (bigger production runs = more Master Kits needed) The approval is the crucial step because that's when the Mass Production can truly began. (No sane company is going to do a complete production run and only to get disapproved by the parent company, imagine the massive losses.)

The Materials Gathering
The materials are the first thing to be secured, this can be the plastics, , metal, resins and even the cloth needed for the costumes. The more complicated the figure, the more time and money is needed for securing these. Raw materials have steadily risen in price over the years and this will inadvertently affect the final pricing of the figure.

The Templates
These range from the body production to cloth production. All these need a template. The body, headsculpts and most accessories run through a Master Mould, which is basically a male and female mould containing the shape of the item usually, and hot resin/ plastic is passed through this mould.

A Master Mould usually costs quite a bit, cos as it suggests, it's the master and thus it shouldn't be discarded just after a few runs. HOWEVER, they do have a lifespan, since wear and tear happens, which would explain very much why Hot Toys in general have limited production runs for each figures.

There are a few explanations for this, namely it's cost prohibitive to produce another Master Mould after the initial production since the likelihood of obtaining maximum profits from the first run is not going to happen, after the interests dies off.

Keep the quality high for each figure run, which is very true for most Hot Toys figures.

And the least possible reason, keep the aftermarket price; since it's considered limited edition, ideal for collectors or hoarders.

Maybe in the early days, these are not so important since Hot Toys need to survive first, and they probably run till the Master Mould wears out and down but they have a reputation to keep now.

The clothes are another issue, since some costumes can be very intricate, there's a need for templates to be made, which reduces the overhead time and keep a steady rate of production. These are drawn up by artisans who will maximize the usage of the subject material space and plan properly.

I have to share though that the current 1/6 scale clothings are not easy reproduced, my mother who was a seamtress do not appreciate the fact that these are small to work with and normal human size templates scaled down to 1/6 just does not work. She speculates that some of the details of the clothings are probably specially engineered by a specialized machine/ template or even both to get the desired quality and fast production.

The Mass Production
The mass production is as suggests, production in high numbers, the machines will churn out the items, and the workers will get to work on the manual stuff, such as putting on the clothes, facial painting and detailing, things that machines will have a tough time or unable to reproduce in accurate amount.

The Painting in Numbers
The Master Kit is used as the defacto reference for reproduction by the factory workers. These are normal day to day workers who work long hours hoarded up in a factory painting your figures, applying decals, weathering, etc. They are your heroes, producing figures so that you can argue online whether it looks like Robert Downey Junior in actual hands.

The painting is usually true to the Master Kit, with small slight differences. They are very very labour intensive since these are small details the workers have to take note of. Compared to the Master Kit, which has spent a considerable amount of time on the input and output, these mass produced figures will pale in comparison, but damn if it still doesn't looks good. Except for a slight slipped up or two at times.

Most of these workers would have to undergo basic training on painting and assembly, and they will also be subjected regularly to training, similar to the A-Team. Most of the A-Team got their start from the bottom of the food chain, which is here. They get recognized, whether through their talents or efforts and moved up the career ladder.

It is imperative Hot Toys pays a lot of attention to these group, since they are the main driving forces before the final figure is packed into the box to be shipped. Retaining skilled workers and recognizing new talents is probably the most crucial thing for Hot Toys here.

The Quality Run
At this point, it's mainly quality checking and ensuring each figure looks almost identical to each other. This includes the packaging and materials. Most of the packing are outsourced usually to save time but the figures themselves would undergo some form of checks before packing.

You will have the occasional slip ups but it's understandable since the amount of figures and time needed to check each figure can be time consuming. Not to mention some issues don't get spotted until its out in the market. The good thing is Hot Toys do allow exchanges and are reasonable usually.

The Promoting
This doesn't really belong here, since by this time the promotion would have been long over by Hot Toys. MOST companies though, will run a promotion on their latest releases, followed by an expected shipping date. Usually this is within a few months ahead or just days ahead as they neared the release date.

In the case of Hot Toys, the prototype is used for the promotion first, followed by actual production runs, shipped to a few select known reviewers for their assessment and photography as additional promotional materials.

The Final Step
Finally, the shipping. The logistics, I shall not delve into as it's mostly debatable. BUT Hot Toys is just the producer and the distribution rights are maintained by them to the distributors. I noticed that certain figure has a higher markup than other countries and that could be usually due to the shipping logstics, taxes, distribution agreement (Distributor only took 1/100 of the production run, thus running higher in costs of the figure) stuff like that. It's really up to the distributor at this point in time.

Unless of course you are in Hong Kong. Then you can get from Hot Toys direct.

On a small side note: I reside in an Asian country, got my start in scale modelling first before collecting Iron Man figures, followed by a long break, and then restarted on this from DX 11 Joker and DX 12 Batman.

You are free to disagree with the processes, as I mainly took reference from the scale modelling industry largely. But these 2 areas run in a pretty similar fashion, I really don't see an difference from them except that the end product caters to different groups of enthusiasts.

Is the rise in cost justified? It is, to an extent. We may not know everything, but there's a lot of factors at play when it comes to rising costs. Many of use are new to the hobby and it seems we have a completionist attitude, which further drives the point that Hot Toys or other companies can charge whatever they want as there will be people taking it up, case in point, Iron Man Midas which is an convention exclusive and we see hoarders jacking the price up immediately after purchase. This is the same situation happening in sneakers release right now (The Air Jordans are the prime example)

My only advice to those who dislike the prices, don't place an order. NO DEMANDS, NO SUPPLY. Make a calculated decision before placing that order. Hot Toys or other companies are not taking a gun to your forehead and forcing you to buy. You have a choice, answer them with your wallet and naturally the price will be adjusted, in a while.

Now if I can have a dollar from everyone who seen this post it would be great. :pray:

TL : DR, Hot Toys priced this figures because they can, if you choose to ignore all the above stated points

I just felt like quoting these.

I didn't read a single word though.
 
Well I guess its up to the individual to feel and think about it,

As for me, it's back to my usual routine, enjoying the figures.
 
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