whilst we have shut out online store, we still continue to sell collectable and hard to find items via our Amazon and eBay portals, and will post updates or all items including other products for sale via this blog over the course of time
Showing posts with label Spiderman. Show all posts
Showing posts with label Spiderman. Show all posts

Thursday, 30 June 2011

Licensing Expo June 2011 - got me thinking... Lego & Beyond



I'll not bore you with the details of the Licensing Expo from Las Vegas that was held June 14-16 at the Mandalay Bay Convention Centre in Las Vegas, hey I wasn't even there... and its pretty routine standard licensing stuff, but the idea behind big licenses, like Disney & Star Wars basically franchising themselves out to other big brands got me thinking about the current licenses and licenses I'd like to see in the future. Mainly Lego!

In 1999, Lego was a brand that sold sets based around their own brands, the City range, etc,  Lego was struggling somewhat to break back into the top tens of the toy market, it was selling product but couldn't grow market share. That was until the licensing juggernaut of Star Wars and particularly Star Wars Episode I took off.


Now, I am a massive Star Wars fan, and in 1999 when the long awaited Phantom Menace movie came out, we knew, as fans that it meant an onslaught of new toys and collectables, little did we know that Lucas sold his sole on this movie and Licenced Star Wars and the Phantom Menace logo and imagery to all and sundry. You name it it had a Star Wars product, promotion and official licence. 

You could, just on this movie alone, base an entire collecting craze, which some people did. I know i have a load of Episode I rubbish cluttering my loft!! (Including empty crisp packets, cereal cartons, and drinks cans). 

This licensing push for the Star Wars brand landed at Lego's door and it was perhaps they who of all of the other manufacturers and retailers have reaped most from that one movie and the licensing of the Star Wars name. Many manufacturers and companies jumped at the chance to have Star Wars emblazoned on their product and paid over the odds, and produced way too much product, Lucas and Lucasfilm were laughing all the way to the bank while it broke some of these companies and they ended up folding or being bought out. Lucas even realised by the time Attack of the Clones arrived in 2002 that even he'd overdone the marketing in 1999...and held back.

Now the licensing of Star Wars on Lego was a different matter. Lego had never entered the licensed product arena before, but it must have known that the potential was there for a super range, that would not only stretch over the Phantom Menace in 1999, but also to the promised two prequel sequels that Lucas had penciled in over the next 6 years. It also saw potential in the other movies, made between 1977 and 1983, which were especially in 1999 still massive. So Lego went ahead and signed up with Star Wars. We'll never know how much they paid or what monies were promised, but I bet Lego don't care. The launch of Star Wars Episode I Lego coupled with the Midnight Madness events that triggered fans buying anything star wars in 1999 was a major success and Star Wars Lego sets sold in their millions. Fans could buy all the Scenes and characters from Episode I and cleverly from the previous three movies. Name a character and you could buy the minifigure in a nice little set, from Jabba to Boba, they were all there.


Once the success of this range had been sealed, Lego embarked on its most prosperous period, and its still in it. Lego has not looked back and has since licensed the following: Batman, Spiderman, Cars 2, Winnie The Pooh, Pirates of the Caribbean, Harry Potter, Speed Racer, Indiana Jones, Prince of Persia, Avatar - the Last Airbender, Thomas the Tank Engine, Spongebob Squarepants, and probably a few more I've missed. Most of these licenses stretch to several movies including 7/8 Harry Potters, and the product range is ultimately endless. Star Wars is in Series 3 of the clones wars Cartoon series and is still racking in the cash. Some licenses don't fair as well, as i think the Prince of Persia & Avatar ranges may have been less successful, but that's down to the movie, and these were probably the only real duds.



The Cars 2 licence will be massive and don't expect to see these sets around for long once the movie takes off this month. 

Last year Lego also launched its own kind of License in its Ninjago brand, this is one brand that Lego is keen to push and ensure it doesn't lose focus on its own products. Its revamped its City range, and has relaunched (so to speak) its Space range in conjunction with NASA. The Ninjago range is really taken off and its down to the collectable nature of the product and different aspects, linked with trading cards, battles and gaming.

And its obviously no surprise that the minifigure range, now in series 4 has been so successful, another own brand, its been based upon the collectable aspect of the licenced ranges, whereby fans and collectors pay premium prices on the secondary market for just the licensed minifigures! I don't think we'll see individual licenced minifigures on sale, Lego is doing just fine thank you with its own series of minifigures. It sells the licenced magnets range and these are very popular.

So what's next for Lego and its licences. Star Wars was an inspired link up, other have been less so, Harry Potter in the early years lends itself to Lego, but the latter movies getting darker have tended to not fit as well with the fun aspect of Lego. 



What would I like to see from Lego, well obviously a James Bond range. The next movie is number 23 in the series, so there is plenty of material to work with. There are hundreds of great and eccentric characters, loads and loads of vehicles, playsets and locations - imagine Scaramaga's Island Lair as a play set! (imagine a three nippled Lego minifigure!) There are so many options. Whether Bond is a licence that has approached Lego, its uncertain, whether if it did it would fit in with Lego's ideals, of Child friendliness. I think so, well up to movie 21... Other licences have been mentioned before, including The Simpsons, with so many characters, yellow being the original skin tone of Lego figures, its a great fit. There are many movie franchises out there, X-Men, Marvel etc, Some tend to go the glowingly popular Mega Bloks brand, including Halo and Iron Man. It is possible that they have different values to those of Lego. Some jump ship and go to Lego from Mega.

Lego now knows what its doing and can pick and choose, some licences obviously have failed to be a success as expected, but others have been so successful that a whole secondary market exists just to feed the collectors. Lego now has managed to integrate a large range of Licences and probably has more on its plate now than ever before, but its own core range is still strong, its diversifying into real collectors items with its Architecture range, and larger scaled Licenced products. The £300 Death Star Lego toy was out of the reach of most kids and parents!! 



Lego isn't alone in reaping the rewards of licenced products, but as a stand alone brand it has probably benefited most from its tie ins. Licenses come and go, Cars 2 is everywhere, from Scalextric to Leappad. Disney are the kings of licenses.


I wonder if a brand like Playmobil is ever interested in Licensing. So far its kept clear, and is producing an ever growing range of popular toys, and has its own in house ranges, like its Agents series just launched, but I'm sure it could benefit from a licence tie in, it might be that Lego has sole licence rights at certain types of product - and whether Lego and Playmobil fall under the same categorisation I'm not sure. The Mega Bloks brand is challenging, as is the new player on the block, Character Building, with its Doctor Who & HM Forces ranges. Lego is not under threat, and in fact is perhaps the template for development of licences within this type of market. Brands like Barbie and Hornby (Scalextric) are heavily involved in Licences, with new ranges of Dolls featuring popular girl brands and bands, and sets of trains and slot racing moving even further into the realms of Licenced product, which has seen the behemoth of Star Wars place down a marker. See my previous post on news of Star Wars Scalextric

Let me know what you think, and what licences Lego or others should go into.










Thursday, 26 May 2011

Whats Up With Action Figures?



It seems that Toy industry figures* are indicating that even though overall toy sales remain positive year on year, sales of action figures have declined, and significantly enough to warrant concern.. With some major franchises returning to the action figure arena this year, i wanted to know why the decline might be happening and whether the return of 'boys' movies might change this, and whether its worth keeping faith in Action Figures in 2011? I have no answers specifically, and can only point to a number of factors why i believe the decline has happened:

Firstly, action figures have become expensive. Growing up, I was a consumer of Star Wars toys, and today remain a collector. We all know that in 1978 they retailed at pocket money value of £1.59. Today new Star Wars action figures are £7.99-£8.99 a piece. I know that these prices are comparative to other boys toys in the market, Bakugan, etc, but its probably a reason why these types of boys toys are not selling as well (Spaceships to house these figures cost over £50 in some cases).

I'm also not content with the price or supply of these toys in the European Markets, and won't be the first to be unhappy that the price points here don't match the US. In the US, a £7.99 Star Wars action figure is priced at $7.99 - at the current exchange rate that is just £4.89. Surely its not costing more to get these toys to the UK, certainly not £3.10 more. (Those of you in Europe are even worse off with action figure prices nearing €11.99). And overall supply is poor in the UK, we get waves 1,2 & 3 of a series, then nothing, US stores still get the full compliment of waves, vehicles, everything. UK buyers are hard done by, in this regard. (check my store when it launches as we intend to stock the harder to get figures and ranges as well as the usual bog standard 'high street' ranges). I'm still seeing left over 'female' Star Wars figures from lines released 3 years ago on the shelves of Toys R Us, such as the 2008-2009 legacy collection Breha Organa & the super unpopular Yarna Dal Gargan.

Secondly, there might just be too many action figure lines out there, just off the top of my head, there is Ben 10, Star Wars, Doctor Who, Iron Man, Pirates of the Caribbean, Thor, Harry Potter, as well as almost every action movie series releasing a range. Boys find it hard to pick a series / franchise / line to follow and collect, and they just keep coming too.

Thirdly, classification of toys and similar alternatives. What boys determine as 'action figures' may have changed, but the measure of action figure sales might not. Lego Mini figures don't fall under action figures at all, neither do toys like Playmobile, Pixar Cars vehicles, Bakugan, Pokemon. Boys are still out buying all of these products instead of action figures and playing 'action' games with them. How does the Toy industry classify Transformers, for example, are they Vehicles or Action Figures? Hasbro has been pushing its NERF range for a while and sales of these types of action toys where by 'you take over' the action might even be replacing action figures themselves. Sales of 'safe' weapons and water toys have rocketed in the past year, and its no coincidence that these sales increases have mirrored the decline in action toys.

Lego has, I believe, hugely impacted the Action Figure Market. Their mini figure ranges have impacted significantly on the 'action figure' model. With low price points but the same playability and collectorbility factor, Lego is cornering a market it doesn't even generally trade it. With Character Building coming along with its HM & Doctor Who ranges too, the future is looking bleaker for the traditional 'action figure'. With Lego licensing more and more products, like the Pirates of the Caribbean range, and continuing its now long standing range with Star Wars, its only going to help the brand and impact on the Action Figure Market.



Cars, by Disney are also capturing what i believe is a part of the Action figure market. With a massive range of toy cars, which are undoubtedly NOT action figures, but fall under the vehicles market, have been selling to boys consistently well since the original film was released in 2006. Helped by the Cars Toon series and innovative updating of the pre-existing range. Cars 2 vehicles just released are also going to start flying off the shelves, and I fear at the expense of Action Figures. Again these figures retail at a much more competitive price point where two vehicles can be bought for the same price as one Action figure. You can race two cars against each other, a single action figure is pointless without a friend! Cars, you may argue are selling to the general boys market who buy toy cars anyway, but I think the Cars range is different, because each car is a character. Unlike hot wheels where the car is unique, but still is based upon a real car, the Pixar Cars have faces and can become playable characters, with an 'action' ability. Certainly the younger boys are buying and collecting Cars characters, probably in place of collecting a range like Star Wars.


The bright points on the horizon are the number of new action movies due to hit in 2011. Despite my claim that the action figure market is perhaps overloaded, even more action based toys might revitalize the market. Coming in 2011/12 are the following films which will all be 'action figure' and boy toy friendly: the Star Wars Clone wars - series continues, Star Wars Episode I -3D, Scheduled for release in 2012, Harry Potter Deathly Hallows Part 2, Pirates of the Caribbean 4, X-Men First Class, Thor, Real Steal, Transformers, Captain America, The Avengers, Green Lantern, MI:IV, The Adventures of Tintin, Batman 4, Spider Man, and possible movies, like Cowboys and Aliens, Rise of the Planet of the Apes, Men in Black III, Star Trek II & The Hobbit.

It is a tough market, but as retailers we have to cater for everyone in it, and we must remember that Action figures are NOT just for collectors.

Personally I believe prices have to become more consumer friendly, but in these economic times, it is perhaps difficult for manufacturers to cater for this. Boys still love action figures. As I believe what boys deem to be classed as 'action toys' has changed, this might be affecting the plight of the traditional multi articulate blister packed figure.

The solution as ever is down to retailers and manufacturers to work together to sell and stock the right ranges at the right prices. It seems in recent months the major stores have made some odd decisions on stock and availability of lines, Doctor Who and Star Wars are two I can think of where 'shelf warmers' are common, and popular figures are in shorter supply than normal. Maybe the new and upcoming film licensed ranges will change these perceptions and bring the action figure toys back to life. I'm particularly looking forward to the Real Steel range, and think this could be the jump start the action figure market needs.




* Full year 2009 vs 2010 growth figures:

Action Figures     -17%
Total Toy Market  +7%
Building Sets (including lego) +48% 

Toy News, March 2011

Let me have your comments.