gregpj Posted August 13, 2014 Posted August 13, 2014 I can't believe I'm out of Likes for today. That hasn't happend in ages... +1 for you if I could. Quote
exciter1 Posted August 13, 2014 Posted August 13, 2014 I can't believe I'm out of Likes for today. That hasn't happend in ages... +1 for you if I could. I got ya covered! Nice one! Crustybeaver, that is almost front page worthy! Quote
hxckid88 Posted August 13, 2014 Posted August 13, 2014 The funny thing is MD is a big state yet myself emazers and Holleman all live within 5 miles of each other. Exciter comes through and told me a deal at Kmart that was on the other side of MD. Not worth drive. Besides all three of us have for the most part of never were clearence hunters. Quote
glenbart Posted August 13, 2014 Posted August 13, 2014 It seems a shame that the exo-suit designer only had the privilege of seeing his set in the store for one day before the shelves were cleared. If it was me I probably visit every Lego store in the country just to see my creation in another setting. I'd be a bit put out if I designed a set, went through all the stages only to see the set not reach it's full potential. Does the designer still get 1%? Not sure what this does for the image of the whole "ideas" thing. Design a st so good it sells out first day, on the other hand, if Lego don't put it out longer it doesn't show much commitment from them. Quote
glenbart Posted August 13, 2014 Posted August 13, 2014 I guess they are acutely between a rock and a hard place on this one, what if they do another production run and investors return their sets? Can't be that many people who would return to make this anything to worry about, is there? Quote
MartinP Posted August 13, 2014 Posted August 13, 2014 It seems a shame that the exo-suit designer only had the privilege of seeing his set in the store for one day before the shelves were cleared. If it was me I probably visit every Lego store in the country just to see my creation in another setting. I'd be a bit put out if I designed a set, went through all the stages only to see the set not reach it's full potential. Does the designer still get 1%? Not sure what this does for the image of the whole "ideas" thing. Design a st so good it sells out first day, on the other hand, if Lego don't put it out longer it doesn't show much commitment from them. According to the terms in the Lego Ideas page: 1% of the total net sales of the product (this includes projects featuring original models based on third-party intellectual property such as a game, TV show, or movie). I would guess that the designer would get the 1%, but it doesn't seem like a lot to begin with. Quote
holleman67 Posted August 13, 2014 Posted August 13, 2014 According to the terms in the Lego Ideas page:1% of the total net sales of the product (this includes projects featuring original models based on third-party intellectual property such as a game, TV show, or movie).I would guess that the designer would get the 1%, but it doesn't seem like a lot to begin with.Net. Sales probably not. If they make 10,000 at $35 msrp you are talking $350,000 gross which you would take generously 30% for costs to build, design, manufacture, marketing, labor, materials and you're left with $245,000. 1% would net the designer $2450. Yippe! Edited thanks to martinp for correcting my 3rd grade math error. Haha just finished working out and I'm fried, hence the error! I love bpers, quick to help the slow people out Quote
MartinP Posted August 13, 2014 Posted August 13, 2014 Net. Sales probably not. If they make 10,000 at $35 msrp you are talking $35,000 gross which you would take generously 30% for costs to build, design, manufacture, marketing, labor, materials and you're left with $24,500. 1% would net the designer $245. Yippe! I think you did your math incorrectly. If Lego makes 10,000 units at $35 msrp, you would get $350,000, not $35,000. That would mean that the designer would get $2,450 which is decent. Quote
glenbart Posted August 13, 2014 Posted August 13, 2014 I think you did your math incorrectly. If Lego makes 10,000 units at $35 msrp, you would get $350,000, not $35,000. That would mean that the designer would get $2,450 which is decent. Nice equations.... You can see why the delorian fella let his share go to charity... I think it's more about prestige than money in any case... But money's good too. Quote
hxckid88 Posted August 13, 2014 Posted August 13, 2014 I think you did your math incorrectly. If Lego makes 10,000 units at $35 msrp, you would get $350,000, not $35,000. That would mean that the designer would get $2,450 which is decent. And he's a banker by trade.... 1 Quote
No More Monkeys Posted August 13, 2014 Posted August 13, 2014 Nice equations.... You can see why the delorian fella let his share go to charity... I think it's more about prestige than money in any case... But money's good too. That guy is probably in for hundreds of thousands by now. He might be biting his elbows if he directed entire amount to charity... Quote
jaisonline Posted August 13, 2014 Posted August 13, 2014 Nice equations.... You can see why the delorian fella let his share go to charity... I think it's more about prestige than money in any case... But money's good too. Exactly. Prestige and the experience of a lifetime. Sort of a dream come true. Quote
glenbart Posted August 13, 2014 Posted August 13, 2014 If I still had the 100's of kilo of loose Lego I had, I could into this design thing. Quote
jaisonline Posted August 13, 2014 Posted August 13, 2014 That guy is probably in for hundreds of thousands by now. He might be biting his elbows if he directed entire amount to charity... I think the charity gesture but might have helped his project get selected. Quote
glenbart Posted August 13, 2014 Posted August 13, 2014 The only idea I've had is to build the police van chased by the lorry load of joker goons in TDK (or whatever the scene is with the the tumbler) Similar to your standard vehicles I guess, so not too original and maybe not to everyone's taste as it would be dark with fiendish goons with heavy artillery... Quote
Grolim Posted August 13, 2014 Posted August 13, 2014 pic That was fantastic! Just needs hotcakes vendor to the side or maybe change the pizza hut logo to "hotcakes" 1 Quote
holleman67 Posted August 13, 2014 Posted August 13, 2014 And he's a banker by trade.... Why do you have to give me up like that Quote
gregpj Posted August 13, 2014 Posted August 13, 2014 Why do you have to give me up like that Oh haven't we all done something like that... except: 1 Quote
Jojoyojimbi Posted August 13, 2014 Posted August 13, 2014 ya'll need to start handling your business like a boss 2 Quote
Crustybeaver Posted August 13, 2014 Posted August 13, 2014 ya'll need to start handling your business like a boss That's a lot of Chinese fakes! Quote
Jojoyojimbi Posted August 13, 2014 Posted August 13, 2014 That's a lot of Chinese fakes! ain't no chinese fakes there at all Quote
jaisonline Posted August 13, 2014 Posted August 13, 2014 So we are pretty sure more Exo sets are coming at $35. Just don't know for how long and where. If target.com should restock today at $40 each, anyone biting even with the 5% ($2) RedCard discount? Quote
M4x18 Posted August 13, 2014 Posted August 13, 2014 ya'll need to start handling your business like a boss That's 25 Exo sets... That's 25x$35 = $875... Why would you do that? WHY?!?!?!?!?!?! Quote
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