only 14?
>>521034947I don't understand why they were able to operate at even a fraction of the scale they were, but also how they can lose money on twenty eight cents of plastic that retails for, what, twenty something dollars?Even a 14% decline in sales feels like maybe it cuts into some bonuses and eliminates overtime for some Chinese kids or whatever, but I wouldn't expect a meaningful impact..
>>521034947Daily reminder that jews hate millennials because they bloodied the yids' oversized noses with: >4chan>Occupy Wall Street>the sustainability movement>libertarianism>PUA>Free Tibet>makerspaces>Indie gaming>Alternative media>Napster>the Tea Party>the Ron Paul campaign>Edward Snowden>Britney Spears conservatorship testimony>Gamergate>Aaron Schwartz>Ross Ulbricht>Virginia Giuffre>Tracy Twyman>Paris Hilton Provo Canyon testimony>Joe vs. the Elan School>Pastor Steven Anderson>Matt Gaetz>JD Vance>etc.Daily reminder that millennials forced jews to go all in on cultural Marxism, thereby spooking the niggercattle with all their kitschy tranny and pedo shit and ensuring a Trump presidency.Daily reminder that if jews had more than 50 years left, they would create a new holiday just to lament their "persecution" at the hands of millennials.
>>521034947So there’s a chance they actually will become collectibles in our lifetime? Pottery.
>>521034947Who the fuck buys this shit
>>521035217Probably had to do with all the copyright trademark capeshit brandshit whatever the shit bloating up all the dividends of any given sale
>>521035892>millennials forced jewsNice try Jaiyden. Boomers did this. Gen X, somewhat as well.
>>521035217>>521036857>Copyright bullshit making everything expensive>Massive overproduction - you basically just have to guess how many dolls you'll need for X brand>Future projections show big growth, so you make 30% more dolls to reach that amount, but actually you decline in sales by 14%All of their contracts and deals and agreements were made with a certain profit margin in mind, and so probably with a decrease in sales they never reached this profit margin that would have make their copyright trademark bullshit make sense.It might make sense to sign that 4-year deal to marvel at 100% sales, but at 86% it could be losing billions.
>>521035892>not sending biebar to north koreanewfag
>>521034947Labubu and Pokemon cards killed funko pops
>>521034947How does a company that makes injection molded “dolls” for 1.5¢ and sells them for hundreds of dollars, be in debt?
>>521035892facts we're the most based generation by far. oh also our gen invented based
>>521037448Basically how production works>Get a loan based on X amount of profit>Get contracts to have X character based on amount of profit>Set up factory>Now you have financing done and you have contracts to fulfill, but at the end of the day you make 20% less money than you're supposed to>Can't pay your loan offBusinesses are made with loans, not money floating around, so they have to make a certain amount of money. You can lose money if your profit margin is 10,000% but you didn't make enough to pay your loans off, for that you need volume of sales, which they didn't get.
>>521037657>Not money floating aroundI meant not physical money, not money in a bank account just available, not cash.They're financed on debt / margin. They must return a certain amount of profit, and funko was make with a big loan to reach worldwide funkopop scale, so their loan must be massive, but the rule still applies for small loans.The money isn't there sitting in some account, it has to be loaned out by some bank and you have to give them a return on profit and meet expectations, so in entirely healthy markets you have a couple bad years at a bad time and you lose money and never recover.
>>521034947>nooooo my heckin plastic figurinooooos
>>521037448>makes injection molded “dolls” for 1.5¢They don't own any of the IP, it's all marvel and disney and mlb and bing bing wahoo etc themed junk. So it might cost them pennies to physically make the dolls but I have to imagine the licensing costs them millions a year &/or a significant cut off the top
>>521037902How'd you get a picture of my sister's room
>>521034947Good. I live close to Seattle, so I’ll just go napalm their headquarters next summer at some point. Fuck that gay ass company.
>going under due to 14% drop in saleswhat a poorly managed company
>>521038090Why bother, the entire city of Everett already looks like it got firebombed
popular culture is dead so this was predictable
>>521035892>You stupid goyim, we made Schindler's List for you to watch in middle school! You're supposed to be ours!Stop making comedies out of genocide films and dressing the villains like Hugo motherfucking Boss.
>>521034947Fucking finally. I don't know who buys that horrid shit.
>>521034947>millennials literally ruin everythinglast week it was boomers - next week it will be you.btw funko pops is trash for literal preddit retards
Who knew making plastic toys for men was a losing idea? The childhood bedrooms of the man children who buy these only have so much shelf space.
>>521037427Labubu will die too and Pokemon will keep going forever.
>>521037158gen x a little. gen x woke up millenials.i remember my boomer dad knowing damn well the difference between right and wrong. and choosing the wrong just so he could survive. dont you dare lump boomers into this. they were cattle who sold their own souls for the hope of today.
>>521034947The worst thing about this is that I have to support tariffs and other poor economic policies because hating funco shit is more important than politics. Goodbye free market, your death will take down something deserving.
Trump is doing this right now.
>>521038581children of rich and semi rich americans that started dissapearing more rapidly recently
>>521034947BEANIE BABIES!!!!
>>521034947>troll dolls>cabbage patch dolls>tickle me elmo>furby>beanie babiesThe funko pops are particularly hideous in their design. They're just plastic crap dolls. Any value they had is quickly diminishing.
noooo not the heckin Funko Popperinos
>>521039083This took 1 year because nobody actually liked them.
>>521035892lol. that’s a great copypasta. also worth noting that mill’s would casually say “you’re being a jew/fag right now” all the time. if you did that now it would be worth several arguments.
Honestly they did well to hang on as long as they did, they were never going to properly last.
>>521039083>>521039128what's wrong with beanie babies wtf
They should start making racist caricature figures.I would buy the whole set.
>>521039212They won't disappear another company will buy it because there's enough fans.
>>521034947They need to lobby for a change in divorce laws. The kind if person that collects this shit has a wife because he can't live without a mommy at home and is in constant dread that she'll leave with one of her boyfriends and take half of his stuff making him liquidate his collection. I think the worst catch in it is that you have to do it discretely because if the very consumers hurt by the divorce industry get to know you're taking some privileges away from the heckin womerinos they'll snap and turn into serial killers. Jokes aside. It's a toy company that sells overpriced licensed crap to collectors. The pool of collectors has filled up so growth stopped and they don't buy old models since they have them meaning they have to constantly get more new licensed figurines and this is just too expensive for the sales they get.
Nice. This will just make my collection more valuable. I should stock up some more.
>>521034947Legit question: Why do people buy this plastic crap? I remember the first time i saw those things selling like water for weird "millenial" people and I cant wrap my head around it (mind you I was borned in 88').
>>521034947They need to make a /pol/ series before they go. A little Hitler, Hadrian, Trump, Venti etc. That's a year of sales
>>521034947what has the world come to! now basement dwelling millanials will have to go back to buying marvel plastic figurines
>>521039128Funny enough, old Funko bobble head figures had decent design before the Pop!s line. I remember getting a few back in the day.
>>521039498The CEO should be fired for incompetence.
>>521039596Or just a pepe series
>>521034947good, fuck funko pop shit, they are terrible
>>521034947>Funko going out of businessHow is this a bad thing?
>>521034947How long were they expecting the reddit doll fad to last? 40 years? 100?
>>521034947They do literally the same thing as always: create artificial demand and illusion of a shortage/fomo
Celwbrate Earth Day with this cheap plastic junk.
>>521040032The whole economy is reliant on childless Millenials buying useless shit.
>>521034947My Alex delarge is going to be worth a fortune! Hunter Ron Swanson not far behind *giggles maniacally*
>>521035892did we take out funkos on accident too?god damn son
>>521040277lol seriously "We painted on unpainted stock, look how green we are!"I bet it was a month long argument with Disney people over the print colours.
Never liked the look of them, dead black eyes.
>>521039459I like high end plastic crap made by hottoys and prime1studio.
>>521034978Companies HAVE to grow every year or the shareholders shit their pants
>>521039580WHY WOULD YOU BUY THIS SHIT NIGGER DIE
>>521040727Oh fugg he has the same eyes
I met up with a guy last month to buy his collection of wrestling toys/merch. He was FURIOUS when I told him I wouldn't take his Funko Pops. He kept insisting they were valuable and I was like "not to me."
>>521041162Not even the Mankind one?
>>521034947Funko is the fuji film of the collectible industry. Living breathing proof of what happens when you don’t diversify your product offering
>>521042389It's also proof that cheap plastic crap never holds value, no matter who many times humans come up with this same business model.
>>521034947why capitalists cant just admit their business is garbage?
>>521038046>So it might cost them pennies to physically make the dollsIt doesn't. I've never handled one so I'm guessing from internet pics, but I'd say you're looking at about $5 once you've amortised all the moulds, allowed for defects, etc. Then they need painted.It's cheap tat but not that cheap.
>>521037902dusty dildo lmfao i bet she doesnt polish them before use
>funko-niggers when they have to get a real hobby
>>521043428Regardless, I imagine a huge amount of their overhead is licensing, and, accordingly, their margin is actually very thin.
>>521043481>she
>>521045497Tight margins are par for the course in simple plastics.
>>521035217You don't understand, it's not enough to make profits. You need to make more profits than the last quarter. The green line must go up exponentially or else you're basically insolvent.
Okay so you don't collect Funko, so what do you collect? Serious answers only.
>>521034947>>521039454>>521039454>>521039580>>521040277>>521040727Basedimpops
Maybe they should've focused on a core range rather than making 20 variants of the same character. I haven't bought a single one but I work in a toy store and these fuckers are a complete joke to try and merchandise.
>>521045739TCG (Pokemon, Magic, Yugioh), physical video games, physical movies & tv, physical manga & anime.
>>521045739Regrets.
>>521034947Plastic trinkets made in China and sold for a premium is for homos
>>521037158Boomers and Gen X are the ones calling us antisemitic for not going along with the agenda.Enough Millennials didnt go along with the agenda because they were of the correct age when the shit hit the fane. I was 27 in 2008 - old enough to understand the money system and young enough to not have a stake in this GAY society
>>521034947Good, they were ugly.
Pokemon is like the only thing to have escaped the death cycle for fads. I guess it's due to it being multiplatform and always adding more and new gimmicks. And lots of fuckable women. And Pokemon.
unironically this
>>521035217Corporate bloat adult daycare for women
>>521034947>YOU MUST BUY MY FONKO POPS GOI No.
>>521035892Based and reminder pilled
>Funko Slop on da bot boardSheeiiit
>>521039459For the same reason as all consumerism; it stimulates the pleasure center of their NPC ape brain for a fleeting moment.
>>521034978Oy vey think of the shareholders
>>521036812I’ve received a couple as gifts.
>>521034978OUT OF 10
>>521046762>Gen X are the ones calling us antisemiticJust the deluded ones that are virtue signaling latecomers to the Game, suddenly wanting a voice. Real Gen X doesn't engage with social media vermin.
Who the fuck collect these shit? You have to be retarded to the core
>>521047447Geeks and girls.
Theyre asking for a bailout. They said they're too big to fail.
>>521045739Vinyl and CDs, books, anime figurines and mlp plushies.
>>521047366>the bad ones I dont like do the bad things, but all the good ones that I like do the good things.you are 12
>>521047982And you are zoomer vermin and the bane of civilization. Go to bed.
>>521048026> I was 27 in 2008I already told you how old I am
>>521034978it was 14,88 %
>>521037657Nobody actually has to do business like this though. The problem is all the fucking mbas deciding everything and that investors mean way more profit to companies than sales do.
>>521035217Yeah, I don't get how 14% drop in sales can tank your entire company selling plastic toys with huge mark-up
>>521036812Sⲟyboys
>>521034947Good. Funko pops are like the shovelware of toys. They are ugly, and people buy them as gifts only because they are everywhere and they are cheap. I have thrown away a couple of these turds that were given to me as a gift in the past.Lmaoing at the redditors who obsessively collected them
>>521034947but millenials were the only ones actually buying this useless plastic trash
>>521045739>what do you collect?
>>521046850Or you know being a gambling proxy and a speculative currency surrogate
>>521035217Companies like this trade their success for more debt and leverage every year until the fad passes and the golden goose dies.
>>521046696>>521047616cringe shit>>521046717>>521050601based grown man mindset
>>521051357They get what they fucking deserve
>>521048388Companies don't stay lean when profits are high, they get fat and bloated, and when profits are down, they can't cope.
Why are Funko Pops so hideous?
>>521038721Labubu was far more successful than Funko Pops for this reason. Limit supply, targeted girls, overprice the stock so the boyfriends buy them. Sure it will die out but they aren't going to run into debt producing them, it was a quick bank run and now its on to the next viral infect I mean item.
>>521035217They're failing on paper because of the bloated salaries for the managerial class. They claim to be "unable to keep going", write themselves one last huge check and abandon ship
>>521035217>how they can lose money on twenty eight cents of plasticbecause you have no idea of what the business actually is.
>>521048388>selling plastic toys with huge mark-upBecause everything is licensed. It's also a higher cost level of production then people think. As there are a ton of custom molds and tooling. I only own a single funko. A Robocop ED-209 sitting on my PC being I always wanted an ED-209 toy as a kid. Even that 30+ year old IP has a license fee to the company etc. Huge up front cost for model making and production of units up front. Hope to earn it back with sales. Yet Funko also floods their own market space with product. So they have hundreds of these big up front cost hits for trendy based items that might not even be popular.
>>521046822at least those Nintendo amiibo had a little scanner thing that you could tap to your console and you actually got stuff in the games, like that other kids game that used the figures with Spyro. these things don't do anything but collect dust, and they aren't valuable collectables because the company is very open about overproducing them so you can never keep one in the box that will gain interest for you. it would be a better use of your time collecting McDonalds kids meals toys.
>>521037158Neither boomers or gen x did jack shit.
>>521046822This is one of the gayest photos of a male human being to ever exist.
>>521035217Copyrights
>>521036812What is this shit?
>>521034947>bro what if we create a product that cost more to keep in storage than we make profit selling them>uhh you could just sell them for cheaper?>NO THE MILLENIALS ARE THE PROBLEMall niggers must hang