CNN Video- "Old Toys Get New Life"
Monday, March 9th, 2009 1:47PM CDT
Categories: Toy News, Company NewsPosted by: Tigertrack Views: 11,698
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With the idea of competing for people's dollars becoming even more important, toy companies are returning to reliable, known brands...in other words its what all Transformers fans already know...nostalgia sells.
This short video is about the effects of the recession on the toy industry and what toy companies are doing to still compete for your dollars. Featured in it are brand names such as GI JOE, Barbie, and Transformers.
You can view the video here, and discuss how the recession and economy may (or may not) be effecting your spending habits.
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Posted by GuyIncognito on March 9th, 2009 @ 1:58pm CDT
Toys are like comfort food. If anything, hearing bad news about the economy every day makes me want to go out and buy MORE Transformers. I've still got my job, so there's no reason to cut back.
Posted by bagofshhh on March 9th, 2009 @ 2:01pm CDT
Posted by Cheetron on March 9th, 2009 @ 2:16pm CDT
Sorry, but my old toys are gone.
Posted by harvester on March 9th, 2009 @ 2:24pm CDT
Cheetron wrote: Now I'm researching on defects, percentage of loose ones to good ones, how bad the paint is. It just destroys the fun for me.
Sorry, but my old toys are gone.
That's why you gotta only go for the Binaltech [possibly some alternators] and the new Alternity figures. Even Masterpiece. These are more like our childhood figures but not just having the style upgraded, the complexity as well. So these are the perfect upgrade for those feelings. I agree what you say about a lot of the Universe ones though.
Posted by partholon on March 9th, 2009 @ 3:05pm CDT
I had that fisher price garage ! me da got it for me when i burned my knee off a motor bike exaust that my eldest brother was thinking of buying.
i always liked the yellow one myself with the red cap, as he always seemed pissed off !
its not surprising to see companies fall back on their old sucesses. even in other sectors when a recession hits you got back to the model you had when you last were in a recession. usually that means cutting back on managment, HR , and advertising. this is just an extension of that.
after all, why invest in NEW products from scratch when you know what already worked once and can quickly get up and running with a few tweaks.
Posted by Sabrblade on March 9th, 2009 @ 3:06pm CDT
Posted by TankedThomas on March 9th, 2009 @ 3:16pm CDT
Posted by Tripredacus agent on March 9th, 2009 @ 4:51pm CDT
Cheetron wrote:transformers were always my version of a comfort blankie. I loved the idea of getting older characters in new forms, made me feel like a kid again. But.... Higher prices on said toys that are so cheaply made and designed ruin it for me. I'm buying less thanks to it. I would love to be able to walk into a store and pick up Wreck-gar, one of my favs from so long ago. Now I'm researching on defects, percentage of loose ones to good ones, how bad the paint is. It just destroys the fun for me.
Sorry, but my old toys are gone.
So say we all...
Posted by JesWal on March 9th, 2009 @ 5:11pm CDT
...but apparently major motion pictures sell more!
Don't get me wrong, i enjoy the movies, and I think some cool things were done with the toys, but in the end I'd rather have more Universe and Animated. Way cooler than more Movie-formers. But I guess the little kids are gonna go see the movie, see the toys (So cleverly packed in Robot Mode so they are more recognizable as specific characters!) and get mommy and daddy to buy the whole set before Christmas.
As we figured out long ago, Hasbro exists to make money, so I know it's nothing against the fans.
Posted by Metroplex79 on March 9th, 2009 @ 7:46pm CDT
If someone here was crazy enough...he/she could customize it to be the ultimate Micromaster headquarters!!! Even better than Countdown and Skystalker combined!!!
I also liked how they played a clip of the original TF commercial, too bad Joe fans!!!
In regards to this newsclip,I knew this would happen 14 years ago
Posted by typh0id on March 9th, 2009 @ 10:21pm CDT
Sabrblade wrote:I'm surprised they showed the G1 gun Megatron toy in that commercial bit, since the toy is no longer legal to be bougth and sold in the U.S. nowadays.
Hehe yeah I caught that too
And I think it's funny they kept showing Anniversary Prime because most people (myself included) thought that particular release of the figure was ass...and retardedly overpriced...Nostalgia may sell, but every store in town has about 30 of those Primes they can't seem to get rid of...