First it was Forge World, and then GW- here’s all the price changes out of Nottingham since 2018. Buckle up, there is a lot to cover…
Increasing prices seems to have once again become second nature to Games Workshop. In 2020, we’ve never seen kits cost more than they do now (except for maybe back in the age of Warhammer Fantasy Battles). In the wake of another price “adjustment” here are the other times we’ve seen GW jack up the price.
GW Price Changes Started With Forge World Back in 2018
Whew man this one set the internet on fire. Back in 2018, we saw Forge World jack their prices up overnight for all kinds of different minis. Here’s an example of the Leviathan we did.
If you bought a Leviathan Dreadnought from Forge World on August 21st, 2018, it would have cost you $93. However, let’s look at what it would cost you if you bought a Leviathan after this announcement.
If you bought a Leviathan Dreadnought today, it would actually cost you $112. It jumped from $93 to $112 overnight for the EXACT same model in 2019 even!
Start Collecting Boxes Went Up About 7% In 2019
In early 2019, we saw that Start Collectings bought after February 4th would see a roughly 7% price increase on average. Of course, the overall value of the Start Collectings stayed the same as most of the individual kits went up in price shortly after as well.
Individual Kits Shot Up 10%-20% In 2019
The fun didn’t stop there. Right after they announced a slight adjustment on Start Collectings, we saw GW scrub through their list of kits and calibrate the prices from about 10% up to 20%.
Was $115 Now $140 Increase: 18%
Was $115 Now $150 Increase: 24%
The Only Real “Adjustment” Came to Paints
The only “adjustment” that we could really argue was a true adjustment over a blatant price increase was when they turned some 12mL Citadel paints into 24mL pots for a slight price increase. But the fair aspect about that of course is that you were getting more product for less.
Price Increases Strike In June 2020
From the first of June, around 400 Warhammer products will change in price (there are well over 3,000 Warhammer items available right now). Most of the items that are changing haven’t moved in price for years.
The RRP on the majority of Warhammer will stay the same.
Even so, we wanted to give you a heads-up so you have a chance to pick up anything you were looking to add to your collection ahead of the changes.
So obviously they are going UP in price, otherwise, why would we need list to buy them BEFORE a change that would make them cheaper?
GW has gathered a list of everything that’ll be changing in price that you can still order before it gets adjusted. These items range from AoS kits to Land Raiders, Tyranids, terrain, Leman Russes, Dreadnoughts, and more.
Prices Keep Increasing Despite Growing Profits
Starting as early as 2018 when all of these price increases began, they crushed the market selling £124 million in merchandise and made £41 million in profit.
Now let’s look at GW’s 2018-2019 financial year.
The table is calculated at £1 million for each value.
Take a minute and compare the two columns to each other. The bold column is the most recent. Just look at the growth in every section. Matter of fact from 2017 their sales are up from 155 million GBP. That’s a two-year growth of 100 million folks!
Fast forward to where we are now and the latest word we’ve gotten from GW is that despite the global crisis we face, they’re projected to profit £70 million this year! Who knows what this number could’ve looked like if the crisis didn’t throw any hiccups in the operation.
To lay it all out in one sentence, over the last three years we’ve seen GW’s yearly profit jump from £38 million, to £74 million, then £80 million, and finally, to £70 million projected by this June 1.
What do you think about all the GW’ price changes since just 2018? Are they beginning to out-price people from the hobby?
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