Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Wednesday, January 5, 2011

Oh Caprica!

Sat on the couch for 5 hours last night to watch the last 5 episodes of Caprica. It was so good! Random thoughts, trying to avoid spoilers:

1. Many twists and turns -- so many characters were revealed to be different than presented in the past. Stand outs: Joseph and Willie Adama. So totally did not see those twists coming.
2. Compressed storytelling -- I usually like watching multiple episodes at once, but having 5 back to back, without time in between to digest each episode, kind of gave me whiplash. I feel like things moved too quickly, one after the other, that I missed details. And there are scenes I want to go back and see again. I am definitely getting the DVDs. Though I still balk at the price.
3. Good to see Amanda Greystone in action as the plastic surgeon she is. Makes perfect sense that she's that kind of doctor.
4. It felt rushed; I'm sure that's because the creators knew that they wouldn't be renewed and had to get all the storylines tied up. But it's such a rich world, it could have gone on for years. At least 3 if not the 5 that BSG got or Buffy's 8.

The stuff I want to know more about, still:
1. What was Lacy's story? So much about her character's arc was left out.
2. What happened to Tamara? Are we to assume that she traveled the same arc as Zoe?

All in all, a very satisfying prequel to BSG. Just sad it's over.

Tuesday, December 21, 2010

How Much for Caprica?!?

Caprica 1.5 comes out on DVD today. Amazon.com is selling both 1 and 1.5 together for $73.48 (what kind of pricing is that?).

And what kind of pricing is that? Nearly $74 for less than 15 episodes? I liked the show; it was appointment television for me. But I'm balking at the price. I'm gonna have to Netflix it instead of buying it.

Which makes me wonder: what's the economics at play here? By not buying the DVDs, am I confirming that there was no audience for the show? That there's not chance that another network (oh, like AMC) would pick it up?

Or should I just enjoy it and accept that it was a good show.... and there's only one season. Like it's just one novel, not part of a trilogy, as much as I would like it to be.

I'm getting to that point with Firefly. I keep following Whedonesque and am rewatching Dollhouse Season 2, so will stay interested in the 'Verse, but not hoping that it will continue on the web or in comix.

I feel that Buffy the Vampire Slayer the comics have (has?) wander far, far afield from what I enjoyed about it as a show. Granted, I need to rewatch it, but more slowly, and really pay attention. I'm happy to have Shepherd Book's back story, finally, but I think as a periodical medium, comics don't work as well for me.

I contrast this to graphic novels, like Fun Home, or Persepolis, or Maus, which are written as one piece, and meant to be read as one piece.

Okay, I'm not sure where I'm going this train of thought. It's wandered a bit from the price of Caprica DVDs.

Oh, back to the economics/logic of the Caprica 1.5 release: why do it now, when Syfy won't air the last 5 episodes (presumably on the DVDs) until January? I understand the buy-it-for-Xmas push for pretty much any sale, but it still doesn't make much sense to me.

Tuesday, December 23, 2008

For Craft Sales, the Recession Is a Help

http://www.nytimes.com/2008/12/23/business/23craft.html?_r=1&adxnnlx=1230044429-LDYPpMtpEwhP%20mq4EcpdFg&pagewanted=all

A boom in sales of crafts and related supplies contrasts with poor results for traditional retailers, like electronics retailers and department stores
By CLAIRE CAIN MILLER, Published: December 22, 2008
SAN FRANCISCO — Feeling the pinch of the economic downturn, some holiday gift-givers are saving money this year by making their own presents or — for those who lack the time or talent — buying handmade gifts from others.
Michaels Stores is hoping that a holiday spike in sales of craft goods will make up for weak results earlier in the year. Craft stores, from giant chains like Michaels Stores to small scrapbook supply shops, are reporting that sales are higher compared with the last holiday season, and online marketplaces for handmade goods, like Etsy, are seeing a boom in listings and transactions.
Sales at Scrap, a craft supply store in Portland, Ore., were up 33 percent in November compared with the year before. The shop’s customers have made a menorah out of yellow plastic bottle caps, Christmas tree ornaments from wood samples and calendars from fabric and paper collages, according to Sarah Dyer, the manager.
“A lot of people are doing a do-it-yourself Christmas, because of the economic downturn but also wanting to make their lives more sustainable, making stuff as opposed to buying more stuff,” she said.
The boom in crafts and related supplies contrasts with poor results for traditional retailers, like electronics retailers and department stores. The nation’s overall retail sales in November fell 7.4 percent from the year before, according to the Commerce Department.
The craft sector, which has about $5.9 billion in annual revenue, is “operating in its own little niche,” said George Van Horn, a senior analyst at IBISWorld, a research firm. “The number of establishments is growing.”
Last year, 42 million households gave handmade gifts, according to the Craft & Hobby Association, a trade group, and that number is expected to increase greatly this year, its spokesman, Victor Domine, said.
“Across the country, people are crafting more,” he said. “With the recession, people are looking for ways to save money, and doctors are recommending it as a major form of stress relief.”
Elizabeth Ludington, a 25-year-old paralegal in Rochester, N.Y., is one of those who chose a do-it-yourself Christmas. She works for a nonprofit legal aid group that she fears could suffer from a downturn in grants. “I looked at my bank account and budget and realized I didn’t have a lot of cash,” she said.
She usually spends about $20 on each of 10 friends and relatives for stationery, bath products or spa gift certificates. This year, she is stitching cable-knit coffee sleeves to use instead of the cardboard ones at coffee shops. They will cost her $1 each to make and an hour of her time after work while she watches TV at night.
“I wanted something that was affordable but still meaningful and kind of fun,” she said.
Michaels Stores, the chain of craft retailers owned by the Blackstone Group and Bain Capital, hopes that a holiday spike in sales will make up for weak results earlier in the year. For the quarter that ended Nov. 1, the company reported a net loss of $20 million and a decrease of 6.5 percent in same-store sales. But in November and December, Michaels’ 1,014 stores have had sharp increases in traffic and transactions for small-ticket craft supplies, said Brian C. Cornell, the company’s chief executive.
Michaels does not release monthly sales data, and Mr. Cornell declined to discuss specific numbers. However, he said that premade holiday and home decorations, which tend to be more expensive, are not selling well. Less expensive craft supplies, which generally account for 41 percent of revenue, are moving briskly, and sales have been particularly strong for supplies used to make jewelry, baked goods, scrapbooks and decorated clothing.
Michaels has shifted its marketing strategy to take advantage of the trend. The company created an advertising campaign called “Endless Creativity, Endless Savings” to market craft supplies for handmade gifts. It started a Web site, Where Creativity Happens, with videos on how to make gifts like picture frames and candles, and it held free weekly in-store workshops.
“We’re certainly seeing much better results than we would have anticipated,” Mr. Cornell said. “There’s a much greater interest right now in how you decorate your home and create your own gifts yourself.”
Jo-Ann Stores, the craft supply leader with a 19 percent market share, has had a similar pattern. Though same-store sales fell 1.5 percent in the quarter ending Nov. 1, sales of sewing and craft supplies, which account for half of revenue, were stable that quarter and have climbed this quarter, said Lisa Greb, a Jo-Ann spokeswoman.
The cost savings for handmade gifts can be significant. At Jo-Ann, the supplies to make a child’s apron and chef hat cost $7.90 for fabric designed with gingerbread men, iron-on letters to spell “chef” and elastic. Making a hand-knit throw costs $40 for nine skeins of yarn and $6 for knitting needles; a similar-looking item at Pottery Barn costs $129.
Jeanne Nevin, the owner of Stampingly Yours, a scrapbooking store in Clifton, N.J., said the last few months have brought her many new customers buying scrapbooks, paper, decorations, inks and rubber stamps.
“It’s because nobody has money,” she said. Making a scrapbook is an inexpensive alternative to buying a gift. “It’s not like they give a gift, use it up and get rid of it. It’s stuff they can keep forever.”
Even people who do not have the time or inclination to create their own gifts are shunning big-box stores to buy handmade gifts directly from artists, in part to save on the margin in retail stores.
On eBay, people bought 13,137 handmade crafts over the last 60 days for an average price of $8.21, and sales of handmade crafts climbed 34 percent, the company said.
On Sept. 29, a day the stock market plunged sharply, Etsy, the leading Web marketplace for handmade goods, had record sales. In November and December, the site has continued to break records. Last month, artists sold $10.8 million of goods on Etsy, up from $4.2 million in November 2007. Some 135,000 people signed up for Etsy memberships and sellers listed 1.1 million new items, both figures more than double the same month last year.
Some Etsy merchants have had such unexpectedly high sales this season that they are shutting down early because they do not have time to make any more gifts.
Dennis Anderson of Citrus Heights, Calif., was prepared for a 50 percent increase in sales of his soaps, which are handmade from ingredients like olive oil, pomegranate and Pabst Blue Ribbon beer. Instead, orders climbed 300 percent. He said he has sold 6,000 items in the last three months, and he has been working 15 hours a day, seven days a week, to meet the demand.
“I wasn’t expecting this much with the economy the way it is, but I realized it’s probably one of the factors in the increase,” he said. Customers “can knock out 12 people by getting 12 bars of soap for $60 instead of spending $30 a person.”
Apart from the lower cost, handmade gifts have a nonfinancial value that appeals to many buyers.
“I just like the fact that I’m supporting someone who’s trying to make their way in the world by using their talents, and my money is going directly to a person instead of a chain of middlemen,” said Christy Petterson, a jeweler in Atlanta who co-edits GetCrafty.com and has bought handmade gifts this season. “For the same amount of money, the specialness factor is way higher. It’s more heartfelt than if you bought something from a big-box store.”