Market Questionnaire

I recently posted a questionnaire in regards to the current market. Many responded to the questionnaire with mixed emotions.

I view the current market as promising. Many, including myself have had the opportunity to actually purchase Beanies for the first time in ages.

The Two faced Beanie Lover!!!
Beanie Lovers are faced with situations that make them often view this collectable as good verse's evil.
They simply can not decide if they want supply or more demand! Either way, nobody's ever satisfied.

Some collectors are concerned about falling prices and large quantities of products on retail shelves.
For three years I have encouraged collectors to be patient!

Just because supply has finally caught up with demand, does not mean the market is going to crash!

It simply means that collectors have become educated and

only seek secondary markets for items, which are no longer available.

The Ty Cyberboard demonstrates the confidence that Ty has in this hobby and the current market.


Ty allowing collectors to so call "Let It Rip" openly expressing their likes and dislikes about Ty, proves that they are secure with their product and welcome critiquing from their collectors.

 

I personally feel that the Ty Company has proven that they truly have the collector's interest at heart.

Mr. Warner has stepped out of the closet and is finally making guest appearances on the Ty Cyberboard to the delight of many!

Ty has also delivered more product in a timely fashion in order to satisfy collectors.

The next step is to allow collectors to visually see him in person!!! I've been waiting for that for three years.

Come on Ty, you've shown us your products now show us the real MAN behind the operations of Ty, Inc. Don't be shy, great your adoring fans!!!

Hey, no pushing and shoving, I'm was in line first!!

To sum it up best!!! Ty's products will always be sought after many!! Excuse the poor English but my motto is. If it ain't broke, then don't fix it!!!

Collectors were asked the following question, which were answered as follows:

1. How has the current Beanie market affected you?

It really hasn't affected me much. I don't get to Beanie hunt often due to work, so I'm just hanging in there until I find the new ones by chance.
*****
The lack of availability in some areas of the May releases is discouraging. We are very much looking forward to the May Buddies. I think the market is a little soft right now. The prices for the first generation buddies have gone down dramatically.
*****
Unfortunately, the store where we used to be able to purchase ALL BB for $6.99 has now revised their policy-selling bears at $10. Meanwhile, while many stores in other parts of the country have had Clubby II and the latest round of BB, our stores in New England have yet to receive a thing. I think overall it has gotten easier to purchase BB, but the second hand market and authorized Ty dealers have really let the market get out of hand.
*****
It's made it easier for me to find the Beanies I want, and even to buy those elusive pieces to complete my collection.

I have been an avid collector for almost 2 years. I can't keep up. Hobbies should not be frustrating, and that's how I feel most of the time. In the central Arkansas area, have not seen a slow down in demand for newbies and bears.
*****
I think it is much better because you can actually find more beanies. We (myself and four children) buy them because we like them NOT because we think we can get lots of money for them later. It is still hard to find the new 99 bears and the buddies. Most times if you can find them they are more expensive than the price TY sets or you have to buy old stuff to obtain them.
*****
I am a secondary dealer with no sales right now of RETIRED TY beanies. No one wants them.
*****
The current market is very hard for people like myself with a small budget for beanies to get the older beanies. Our problem is that the secondary market people always get where first. We stop at 6 stores every day. BUT the people who resale beanies here in Missouri have a cell phone network that is unbeatable.
*****
The current market, which is flooded with beanies, has made what I thought was a collector's item worthless.
*****
... I do a lot of trading, buying and selling. I find most babies are over supplied. The bears feed two markets beanies and the bear collectors. This last group of new ones. Will be common stock by Aug. I feel Ty needs to retire a large group and quit putting out so many. It is getting expensive to buy this much for some families.
*****
Beanie prices are stable. As a result, I haven't felt pressured by rising prices to hurry and buy retired Beanies. I take my time and think about each purchase before committing my dollars. At authorized Ty dealers, bears are more available in my area. I no longer have to buy 10 beanies to get a bear. At some places people have to buy up to four Beanies to buy a bear, while at other stores, no extra purchase is required to buy a bear (but the bears do disappear quickly from those stores even though each person may buy only one per day!).
*****
I have had excellent luck finding all newly released Beanies, within 2 months (or less!) of them hitting my area's stores. I look EVERY day, but my diligence pays off.
*****
I had the purchasing of beanies almost down to a science, calling daily and keeping track of shipments and using a lot of my vacation time waiting in lines so that I could trade the 1st newbies for older ones that I didn't have. Now that more beanies are being shipped, no one wants to trade because they are much easier to get.
*****
Current Beanie Market. I only started on the Beanie hunt on April 5th, 1999 as my brother's birthday was the following day, and he wanted a Peace bear. I managed to find it in the 7th store I visited. I have been able to find all the items he wanted. I learned over time not to purchase the bundled gift sets, and it seems that stores have been doing less of that recently.
*****

2. Do you view the current market as promising or as a concern?

I am not in this for "investment" I just enjoy seeing all the little faces around the apartment. I am glad the Beanies have been reasonably priced, and that there ARE plenty on the shelves. What old time collectors forget is that there are NEW people coming into Beanie collecting all the time. For us, those are not "shelf-sitters" but a huge treasure chest of goodies, and it's hard to decide which one we want to get.
*****
I find this very much a concern. Prices are dropping, that's not good for my investment! the local market seems to be "flooded" with the same beanies. Just like last years Beanies. Too many??
*****
I view the current market as promising. I do not collect for money. I collect because I LOVE BEANIE BABIES! I believe "They Will Never Die"; at least not for me!
*****
My main concern is twofold. First finding bears for retail, under six dollars. Usually takes about a year to not have a hassle of waiting in lines. By that time, they are retired, case in point Princess and Erin. I hope that for bears like Millenium, Valentina, and Osito that Ty waits at least a year, and preferably two years before retiring them. My second concern is how many releases TY does. I prefer a limit of ten three times a year: Jan, May, and Sept. He simply does too many. And this month was extremely difficult. The may releases, Clubby II, TBB III, and the International Bears. Overwhelming. My pocketbook is still whimpering. ;)
*****
Definitely promising! Secondary dealers and "investors" are concerned. The average collector is thrilled! I can add to my collection @ reasonable prices within a reasonable amount of time.
*****
I am not really concerned, as I only collect for the fun of it and am not concerned about turning them over.

3. Do you visit and interact with the Ty Cyber Board? If so, how do you view the messages left from Mr. Warner?

I don't visit the board often, but have been there. I view the messages from Ty Warner as good PR.
*****
No, I do not interact with the Ty Cyber Board. Check it out once in a while.
*****
Have looked at it one time. It's too cumbersome.
*****
Yes. I think it is great for him to read and reply to some of the messages. I find some of the concerns has been addressed and corrected.
*****
Yes, I do check the cyberboard daily for information. Mr. Warner's seems to be paying attention and changing things as is possible. Things in something this big cannot change over night. I think all in all things are going well.
*****
I visit the cyber board for about 15 minutes a week. I think the messages from Mr. Warner are encouraging.
****
Yes, I have visited TY Cyber board talk. I have left messages good and bad. I left a message about a retailer in our area that never got one shipment of Buddies. 10 That's ten day later she received her first shipment of buddies. I don't know is it worked but we got BUDDIES
*****
Yes they are mixed but looks like most people are getting very fed up with collecting beanies.
*****
. I have only once. As for the messages TY Warner leaves who knows if they are even from him.

4. What sources of information do you rely on for accurate Beanie and Collectible News?

For information I visit the top beanie websites. They're on top of the news and have increased their readership to a point where loyal readers feed them news as it breaks.
*****
Ty beanieholics mary beth mag.
*****
I usually check out the TY webpage I don't rely on the rumors
*****
What other people say in the stores that carry beanies and first and foremost, the Internet!! Usually check in with Randy and Theresa's site, Beanieholics!
*****
I visit web sites like yours Ms. Janie.
*****
Several Internet sites, Ty's for one, Beanieholics and Mary Beth's and yours too. I also have a few retailers that I talk with too.
*****
beanieholics, beaniemom, and the TY website, in that order
*****
I visit your site Ms. Janie every morning while having coffee. It's the most eye appealing and professional. Thanks for bringing class to Beanie collectors.
*****
What sources of information do you rely on for accurate Beanie and Collectible News?
Beanieholics. They have the most up-to-date site for the adult collector. Plenty of news and rumors, very well organized.
*****
I go to the following web sites: Beanieholics, Beaniemonioum, Beanieworld.net, and of course, Msjanie.com. I also receive Mary Beth's Beanie World Magazine. I have a HUGE list of favorites for Beanie sites. Oh, also the most important one: ty.com :):)
*****

5. Are Beanies easier to obtain through your local retailers?

Depends on the beanies. Bears no. Birds yes. Dogs depends on the type; Butch is easy to find, Luke moderate, and Tiny harder.
*****
Not interested--TY took the fun out of it all--
*****
NO! Due to Ty's shipping policy it makes it very difficult. The secondary market does not make it any easier.
*****
Now that I know who has what system! Cracker Barrel has a lottery system every Monday morning, Noodle Kidoodle has a number system on Tuesday, Toy Joy has sign up sheets and a random selection every Monday, Forget Me Not (Hallmark) has their Beanie Hotline each Wednesday, Friday and Saturday, etc. Many in our area just put them out "whenever" and it only takes a couple of collectors and their cell phones before they're history
*****
Just the common ones, bears are still very hard to find and I have only come across two different styles
of the buddies in retail stores.
*****
Retailers are still requiring you to buy other merchandise, baskets with beanies in them, older beanies or pay more that suggested retail (over $7 for beanies in order to purchase the newest and hard to find releases.
*****
Yes, as I said above they have been a lot easier this year to obtain at retail without having to wait a long time. Although it is amazing how the secondary market still manages to have all the new ones first, before retail.
*****

 

6. What is your opinion of Clubby II?

I have no opinion as we have yet to receive any platinum club kits in our area!
*****
I love Clubby II. It's a very pretty and unusual color. I have heard it referred to as light blue, silver, and lavender. When you can produce a color that is so hard to tell what color it actually is, then you have accomplished something. I will admit that one thing I didn't like was opening up my kit to remove Clubby II and the band that binds it had made an indention on its leg, which brought out the collector side in me, but I was more happy to get it, so I can deal with it.
*****
Haven't seen Clubby II in person yet. The scans I've seen and what I've read are impressive. Will be buying one.
*****
Cute! Now if I could only get one!
*****
I haven't seen it yet. I am still waiting for my first Clubby.
*****
Haven't seen one. (Kits sell out immediately). Would like to own one.
*****
I was very disappointed to find out I have to get a new membership to purchase the bear was under the impression that once a member you would be able to purchase all new bears with out getting whole kit again.
*****
Haven't seen it in person yet. Love the color, but disappointed no emblem or patch on it.
*****
Clubby II has yet to arrive in my area. The only opinion I can give is that I'm so GLAD that we won't have to mail away to get the Clubby II bear. My youngest daughter found it unbearable (pardon the pun!) to wait so long for her Clubby I bear.

 

7. Did you collect this years Teenie Beanie Offerings?

Yes we are putting together 15 sets. It's pretty easy because they don't seem to be going quickly at all.
*****
That was most disappointing as well. Since McD anticipated great demand, they overproduced. In our area the stores are selling one by one in terms of style. Yesterday, (5/28) we FINALLY found a store-selling Strut. We won't finish our collection until the 4th of July!
*****
Yes I have participated in the TBB 2 offering this year, as in past years. I have enjoyed not having to fight a big crowd in order to make a set too. I have not enjoyed taking so long to do it, but you take the good with the bad. Of course, the Int'l Bears have not started yet, and like most people I am anxiously awaiting that event. I feel that it will be the frenzy of past TBB promotions. I also feel that the reason we are not seeing that same frenzy in the TBB 3 promotion is due to having made enough TBB's this year to meet demand. Which is how it should be in the first place!!
*****
Am collecting TBB 3's. Found a local McDonalds that offers a new one each day, so I know that if I go by at least once a day, I can get them. Have through #9. Am a bit worried about the International bears though. Bears are usually a different story.
*****
Yes, two set for me. One to stay in the bags and one to open to set on the shelf with my beanies and buddies. I looking for the international bears too. I am going to get 4 to 6 of each. I'm going to have extras for trading.
*****
Yes ,One to open and one to save.
*****
Yes. But last year I bought four of each style...plus a few extras of the first three. And, this year I'm only getting two of each style...plus a few extras of the first three.
*****

More Comments!!

I think I want to slow down on my collecting and maybe sell or trade some of beanies and a few other Ty products while I still can, I haven't decided yet though. The current market doesn't look too great at least in the near future or even in 10 years. I am afraid beanies are "dying". I think, for the most part, Ty is making more products than there is demand, even though "Ty" states otherwise on "his" website. For example, Snort has been retired since last September and there are Snorts everywhere you look at authorized Ty retail shops. Except for the bears to some extent, the Jan 1999 releases are everywhere you look and not too many buyers (kids or adults).
*****
In Rochester, Mn. there seems to be a real varied pricing policy for beanies, some store sell them for $6.00, while other stores sell them for $10.00-$20.00 for the bears and still other stores sell the new ones with an old one to clear their shelves of the older ones. One store has a sign up sheet and if you come in when the sheet is there, then you can get on it. I really am disappointed in the beanie market and have considered getting rid of the ones I have, over 200. The attic treasures are cuter and easier to get. The McDonalds beanies are really in short supply and you have to be there e in tem minutes of the time they start or you are out of luck. I get my beanie info from ty.com, or beanieholicks.
*****
I think that the beanie market is on a downward spiral.... Due to the greediness of Ty Warner and the fact that he already has more money than he can spend in this lifetime, he has essentially ruined the market for collectors, retailers and secondary market dealers. No one but Ty is a winner in this fiasco. By flooding the market with retirees literally months after the retirement date, he has forced retailers to sell for as little as $3.99 to try to get rid of mass quantities of beanies. The collector who formerly counted on obtaining retirees in hopes of good trade value has lost as well. We have all learned not to buy any retirees which fall after the May '98 lot. Some of us have learned the hard way. Ty has taken all of the fun out of it. Clubby II is adorable -- it will be frustrating trying to find one. I believe that all of us were under the impression that by buying Clubby I, you would be placed on a mailing list to order the second one.
*****
Hi Janie! I really don't see the current market as a concern due to the fact that I collect beanies for the fun and challenge of it instead of the profit.
I just started collecting about a year ago and have already built my collection up to 132 beanies without spending more than $10 each. I know that I'm probably more fortunate than other collectors because the beanie craze did not really catch on here until around November of 1998. Now you have to stand in a line at 9am to even get in a Hallmark store even if they don't have anything new. As for the cyber board I think Mr. Warner tells us want we want to hear. I check various web sites daily to see the latest news and rumors. There are a few retailers in my area that TY should check up on!!!(Re: buy 2 old style then you could buy a new release or buy $50 in merchandise and get a ticket to stand in line for a chance to get a new release!)As for the new club kit I think $20 suggested price is steep! Some of us don't want coins or trading cards. It has been very easy to get the new teenie beanies here and I think they are the best ones yet. Can't wait for the bears!
*****
I have stopped collecting Beanie Babies. They have become more trouble than they are worth. There are too many and the retailers are just not fair to the public.
*****
I am sad that the market has drifted down. But happy to have an easier time finding the new beanies.
There are always surprises from Mr. Ty Warner so I can never predict his next move or next beanie or buddy. That is a part of his marketing that I really appreciate. The surprise element.
Yes, I visit and post on the cyberboard. The messages Ty posts are short and sweet. For children that is great. For the adults it is a bit boring. I wish he would grant an interview each month and really address the issues that keep on popping up on the board and in most adult collector's minds. The price, retail stores that have unusual rules to get a new beanie, stores that sell out the back door. Home-Shopping has access to new styles before most stores. How and when he will react to these and many other questions.
News is easily found on this web site, Msjanie. Ty's web site, I like watching Rosie's show and on occasion she gets products early, then Beanie Mom's site has some news.
Yes, 1 retailer makes purchase simple. If they know a shipment is due they tell everyone when the store opens, we get a number and return when an UPS truck is seen near-by. Every-one is friendly. The Hallmark store is rude, with lots of changing rules and requirements, without the beanies I don't think they would still be in business in our small town. Too much negativity has been built up there.
The new Clubby has not shown up in my area yet. But it looks great on the Internet and on Rosie's TV show.
I am not collecting any of the McDonald beanies this year. But my 2 sons are gleefully eating Happy Meals, tearing open their new Teenie Beanies, and playing with them. I do plan to buy a few of the International Teenie beanies and hid them.
*****
The current beanie market confuses me completely! I will never understand why people are not interested in adding rare retireds to their collection at a fair price, but they are willing to spend a fortune to obtain a brand new release! I feel this is a direct result of thousands of retail accounts entering the secondary market directly. I know for certain of 5 stores in my local area that auction their new releases on the Internet or attend local flea markets. Around here, the new releases do not hit store shelves until they have been in distribution for at least 3 months. The primary market has virtually been eliminated as more and more stores directly enter the secondary market. In the long run, this will kill the Beanie Baby market. Not only will we, the consumer, suffer, but also Ty Warner, himself will feel the effect. I no longer collect new beanies. I refuse to do business with my local stores who pride themselves on back-door business. I do still collect old retireds!

This article was written by:
Janie Daniels, Commonly known as Ms. Janie
July 10, 1999 Copyright protected

Back to