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Rethinking the toy departmentFebruary 28, 2008Don’t you think its time that mass market retailers and toy stores take a step back and rethink the way they look at the toy department? Toy departments and for the most part toy stores are and have always been targeted exclusively at children. That worked pretty well when the only people who played with toys were kids. Now, however, everyone plays with toys. We need toy departments and toy stores that are a destination for anyone who wants a toy. I therefore propose that retailers rethink and reframe toy departments and toy stores as a place that has toys for everyone. Once done, they can be broken out into four sub-departments:
Grown up toys can, for example, include collectables like the many iterations of Monopoly or die cast cars. This would free the children’s game and die cast sections up for more variety and generate more interest and therefore more sales. Teen toys might include anything from stickers to figures with licenses like Southpark, Family Guy and the Simpsons. This would free the children’s department to carry more children’s oriented licenses and not give parents the uncomfortable feeling of wondering why a sticker of foul mouthed Peter Griffin (The Family Guy) is sitting next to Dora the Explorer. Grandparents' toys can include either products that are oriented to their needs or that they remember fondly. For example, a growing senior population is going to want games that have large print rules and oversized pieces. They may also want traditional games like chess, mahjong, and bridge that they can play with their friends and grandchildren. The toy industry is defined by the way the toy departments and toy stores are oriented. By changing that orientation, we can make them a destination for everyone and generate greater revenue for the entire industry. Posted by Richard Gottlieb on February 28, 2008 | Comments (3)
February 28, 2008
In response to: Rethinking the toy department Carol Ng commented: Definitely agree on Richard's viewpoint especially on the segment of Grandparent toys. This is a blue ocean market and would be great if departmental stores starts this category. They would be the ones who have the cash to spend and also great christmas ideas for their children to spend on them. Also another avenue for manufacturers.
February 28, 2008
In response to: Rethinking the toy department Bill Cawthon commented: A good way to get trains back into the mass market. The majority of those who enjoy Lionel and scale trains are in their 40s, 50s and beyond. They are also the most likely to buy a beginner train set for a child or grandchild.
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