November 21, 2009 12:47:24 PM
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November 21, 2009 12:47:24 PM
TOYDIRECTORY® | TDmonthly® Magazine | Join
our 27,800 subscribers | PlayZak®
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| February 2006 | Vol. V - No. 2 | |||||
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Winning the GameRetailers With Staying Power Strategize for 2006
“If someone comes in asking for a Barbie doll, why are you not going to have it?” Wood asked TDmonthly Magazine. Hurricane Katrina wiped out his stock and closed his store for September and most of October and hobbled it by 40 percent in November, yet his year was down by only 12 percent. How did he compete with nearby Toys “R” Us and Wal-Mart when his customers were hurting economically? “We wrap things,” he said. “And customers don’t have to walk 500 feet to find help. People depend on us to say what is good for a 3-year-old. The big-box stores [e.g., Toys R Us, Target and Wal-Mart] couldn’t do that without raising their prices.” Greg Bonner, owner for 20 years of Little Rock, Ark.’s Heights Toy Center, was just 5 when his parents bought the store in 1966. Last year, Toy Fair disappointed him. “So I said, ‘Forget the industry! I'm going to find something different and unique.’ … You're going to walk into my store and say ‘Omigod I've got to have that!’” He began searching online and went to nine unusual trade events, including a bedding show. “I found the coolest sleeping bags lined in satin,” he told TDmonthly. Even though they were high-ticket, the bags by Kelly Kouture quickly sold out. “Every year, you have to highlight the trending-up and trending-down vendors,” warned Miles Altman, owner of King Arthur’s Court Toys in Cincinnati, Ohio, for 25 years. Playmobil hasn’t had any “wow products” in a while, he said, but International Playthings has great toys and good deals for smaller retailers. No two years are alike, agreed Bonner. Changing suppliers — and strategies — is essential. In 2005, Paul Blum, owner for 25 years of Abracadabra in New York City decided to yank his commercials and yellow-page ads because he suspected that changing technology had made them superfluous. The move lowered his expenses, and “thanks to my fame and the Internet … The store keeps going on like I'm advertising like crazy,” he told TDmonthly. Most retailers lost sales to the Internet, even if they had Web sites. But Ricki Block, who’s owned Ariel’s Child in West Berlin, N.Y., for 20 years, said that the Internet also brought sales into her store. “Some customers canceled their orders online and bought with me instead” because her products were readily available — and so was she. “It's all about customer service and selection,” agreed Greg Larson, 24-year owner of Larson’s Toys and Games in Columbus, Ohio, whose revenues increased 55 percent last year. “We do game nights in the schools,” shared Jacque Flagg, owner for 18 years of Jacque's in Bryan, Texas. “Even though Target is carrying them, none of their staff can play the games, so they can't hand sell them.” Kate Tanner’s only been in business for seven years, but she’s already learned the lessons of the old-timers: Last year her sales at Kidstop Toy & Book Store in Scottsdale, Ariz. rose 30 percent. “Our one philosophy is that when you hook someone on a line, it doesn’t disappear from our store. Once you hook a customer you have to take care of them,” she said. Here are a few of the products that these successful retailers hooked up with their customers in 2005: Zebra Slumber Sack by KELLY KOUTURE Fairytale Princess by CREATIVE EDUCATION OF CANADA
— “Dress up, mostly princess,” is what grabs little girls’ fancies at Cheeky Monkey Toys in Menlo Park, Calif. — Dress up is hot, agreed Breck Hewitt, co-owner of Dragon’s Toy Box in Seattle. — For girls who need a break from the princess routine, Creative Education also offers fairy, flapper, ballerina and medieval costumes. 1/16/2006 (Price: $56.50) [Add to my Inquiry Basket][?] Captain Hook by CREATIVE EDUCATION OF CANADA
Groovy Girls Lourdes by MANHATTAN TOY
Blokus by MATTEL INC.
— In spring 2007, Sally Lesser, owner of Massachusetts’ Henry Bear’s Park, called Blokus a “consistent best-seller” at her three stores. It's also tops at Juggles in Wakefield, R.I., and Kazoodles in Vancouver, Wash. Six of 63 retailers named Blokus as their overall best seller in September 2008. Three of 52 retailers named Blokus as one of their overall top sellers in November 2008. This product is no longer distributed by Educational Insights as of 12/4/08. ― “No. 1 is Blokus,” Linda Hanzelko, owner of Timmy's Toy Chest in Lake Mary, Fla., told TDmonthly when asked about best-selling games in early 2009. “It's an easy sell. It's one that people come back later and say 'You were right.'” 5/27/2005 (Price: $29.99; Age: 5 to 12) [Add to my Inquiry Basket][?] Only Hearts Club Dolls by ONLY HEARTS CLUB GROUP LLC Hexabits Critterz by HEXABITS Catalog Request Form Read what more than 400 retailers have told TDmonthly about toys since 2005 in Toy-Store Owners Talk to TDmonthly.  Writer's Bio: ALISON MAREK is a writer/artist/filmmaker whose work has been published by Fairchild Publications and DC Comics (Piranha Press), among others. Her short films have played in festivals around the world and have been broadcast on Showtime and other cable networks. She recently completed a short comedy sponsored by the Alfred P. Sloan Foundation, titled "The Three-Body Solution." For the past four years, Alison has been documenting the specialty toy industry with a series of articles and videos for TDmonthly Magazine. Read more articles by this author
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