>>11439982I said poor quality, not cheap figures. Poor quality doesn't always have to be cheap. Look at McFarlane with that $50 4 POA Kaiju megafig he is releasing, or his overpriced collectors edition line (now $35). Poor quality, and not so cheap, at least for what they offer.
The best quality figures are almost exclusively Japanese and they would survive without retailers like BBTS, EE, Amazon, or Gamestop, because they aim to sell figures in Japan to Japanese people and the western market is a secondary concern.
If by cheap crap surviving you mean like Spinmaster or Playmates. Sure, those would survive, because price exploitation doesn't work on toy lines that are actually aimed at kids; only ones aimed at people with more money than sense. Besides, companies like Spinmaster or Playmates are irrelevant to collectors and aren't worth even considering.
Would Hasbro and Mattel survive? If you've noticed, they have shifted a huge portion of their lines to "fan channel" and Amazon because retailers will not put up with their frequent failures, and they are top heavy and unable to react quickly to change. They would likely be unable to continue most lines. Only if they could quickly transition to selling most of their product via Pulse/Mattel creations and fans accepted buying them there could they stay afloat. Otherwise those would be the two biggest "cheap crap collectibles" companies out of making action figures.