anyone that would pay $8000 for a woz standard edition would surely pay $8500
You're currently viewing posts by Pinsider toyotaboy.
Click here to go back to viewing the entire thread.
Has Stern EVER increased their price throughout production? Even when a vault edition comes out, if there's a price increase it's usually justified (LED's over incadescent, new artwork, updated bezel, improved reliability (stronger iron monger on iron man).
Jack has done nothing, but hey if you still want a wizard of oz that I announced 4-1/2 years ago you can still buy one for $2k more than what I was asking the pre-orders for. Even calculating inflation, 2011 dollars = $6900
http://www.usinflationcalculator.com
except all the R&D is paid for, so building a Woz today should be cheaper (unless he planned on ammortizing R&D for this long all along)
Quoted from CaptainNeo:The cost is PEANUTS. I mean dirt fucking cheap peanuts. not the $36 you would pay for a VUK bracket. More like $1.20 VUK bracket.
Yes, but there are so many hands touching every product. Might not apply to pinball, but where I work:
Typically full products we make the profit margins are slim (like $20-$30 on a $300 product), but it's because we do large volume selling to home depot. Now Home depot almost ALWAYS makes 30% profit margin on products they sell. Where we can make up a lot of the money is in service parts. A single injection molded part that costs $1 to make can cost $6 or more as a spare part.
You also can't look strictly at piece price. There's engineers that had to figure out how to build that part (though most pinball parts haven't changed in 20-30 years), there's assembly, incoming QC, shipping cost, overhead of storage, purchasing salaries, accounting, customer service, etc etc.
Still, with all that said, I'm amazed that Jersey Jack found anyone to back finance him (unless he's learned from his mistakes and put together a firm business plan). Announcing Woz 4 years ago with a preorder price, and having no idea what it's going to cost you to build is ludicrous. It's no wonder why he keeps backpeddling his pricing.
You're currently viewing posts by Pinsider toyotaboy.
Click here to go back to viewing the entire thread.
Wanna join the discussion? Please sign in to reply to this topic.
Great to see you're enjoying Pinside! Did you know Pinside is able to run without any 3rd-party banners or ads, thanks to the support from our visitors? Please consider a donation to Pinside and get anext to your username to show for it! Or better yet, subscribe to Pinside+!
This page was printed from https://pinside.com/pinball/forum/topic/woz-500-price-increase?tu=toyotaboy and we tried optimising it for printing. Some page elements may have been deliberately hidden.
Scan the QR code on the left to jump to the URL this document was printed from.