barbie-vs-bratz-1205497394249390-4 (1)

Upload: hamsa-mohan

Post on 06-Apr-2018

221 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    1/20

    BARBIE VS. BRATZ

    COMPETITION IN THE TWEEN

    GIRL MARKET

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    2/20

    TEAM MEMBERS

    ABANTI SANYAL

    ABHISHEK ROY

    AMIT KUMARSAHAY

    A.V.K. CHAITANYA

    DHRITIMAN

    BHATACHARYA S.P.PARHI

    VAIBHAV SINGH

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    3/20

    CONTENTS

    GLOBAL TOY MARKET

    US TOY INDUSTRY

    MATTELS BARBIE MGAS BRATZ

    ANALYSIS

    MATTELS RESPONSE

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    4/20

    GLOBAL TOY MARKET

    Was worth $60 billion as per 2003estimates.

    Mattel and Hasbro were the worldleaders .

    Other top players were

    Bandai and Sanrio from Japan Lego from Denmark

    Wal-Mart ,Toys R US were the leading

    toy retailers.

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    5/20

    US TOY INDUSTRY

    The US toy industry originated in 1903 .

    An average American family was spending $20 onentertainment and recreation in 1903.

    Now an average Americans spends $400 per child peryear on toys.

    67%

    33%

    World Toy Industry[except USA]

    USA Toy Industry

    0

    100

    200

    300

    400

    500

    IN

    $

    AVERAGESPENDING/CHILD/YEAR

    US

    OUT SIDE US

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    6/20

    SIZE OF THE US TOY INDUSTRY

    19.8

    20.4

    20.5

    20.3

    19.7

    19.8

    19.9

    20

    20.1

    20.2

    20.3

    20.4

    20.5

    20.6

    1998 1999 2000 2001 2002 2003SIZE

    OFTH

    E

    US

    TOYIND

    USTRY

    IN

    BILLION

    $

    YEARSIZE OF THE US TOYINDUSTRY IN BILLION $

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    7/20

    SIGNIFICANT SEGMENTSTOY SEGMENT MAJOR PLAYERS TOP BRANDS

    1}INFANT/PRESCHOOLTOYS

    LEAPFROGENTERTAINMENT

    LEAP PAD & LEAP PADBOKS

    2} ARTS & CRAFTS MATTEL MAGNA DOODLE & PIXTER

    3} MODELS &

    ACCESSORIES

    HASBRO ZOIDS KIDS LINE

    4} DOLLS & ACCESSORIES MGA ENTERTAINMENTMATTEL

    BRATZBARBIE

    5} BUILDING &CONSTRUCTION SET

    LEGO BIONICLE

    6} GAMES & PUZZLES KONAMI YU GI OH!

    7} LEARNING &EXPLORATION

    DATA NOT AVAILABLE DATA NOT AVAILABLE

    8} &ENTERTAINMENT KID DESIGNS INC. BARBIE KARAOKEMACHINE

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    8/20

    MATTELS BARBIE

    Launched -1945,in Southern California.

    Incorporated -1948 (Hawthorme, California).

    Major Byers.

    Wal-Mart ,Toys R US, Target (50% of Max Sales)

    Birth of BARBIE 1959.

    1st Tele Marketing 1960.

    Dec 06,2001 90% market share. Barbie conveyed positive reflections

    of society and feminity Roll Model.

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    9/20

    PROBLEMS OF MATTEL

    Over production of Barbie.

    Doll collectors felt thatMattel treated them withcontempt.

    Unsuccessful acquisition

    Feminists accusation

    Young girls went crazy,became anorexic

    Mattel Inc.: Summing up the Second Quarter 2003 Financial Results.

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    10/20

    MGA AND BRATZ

    Bratz introduced -June 2001, by MGA .

    It became the top selling fashion doll by October 2002[constituted 65% of MGA sales].

    Won peoples choice award in 2002,along with 5 of thetop 10 positions in the fashion doll category.

    BRATZ HAS DONE A GREAT JOB IN KEEPING GIRLSPLAYING WITH DOLLS AT AN OLDER AGE

    -AMANDA HEARNDEN ,Barbie's Brand Manager.

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    11/20

    ANALYSIS

    BRATZ achieved something MATTEL had been trying to do for yearsi.e. getting Tweensto play with dolls.

    HOW ?

    A better understanding of taste & preference of Target

    Market & a product design to suit that market. Thephenomenon that MGA observed & took advantage of

    Were:-

    AGE COMPRESSION:- Kids judge their physical standards in

    comparison with adult standards at a very early age. Emergence Of TWEEN GIRLS Market:- A market that

    consists of girls who are from the age group of 8 to 14.

    [It is to be mentioned here that emergence of the new segment was theresult of AGE COMPRESSION itself.]

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    12/20

    HOW AMERICAN GIRL TWEENS SAWTHEMSELVES AS A RESULT OF AGE

    COMPRESSON.

    I LIKE THE WAY I LOOK

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    13/20

    APPROXIMATE SIZE OF THE US TWEENMARKET VIS-A`-VIS OTHERDEMOGRAPHIC SEGMENTS

    BABYBOOMERS

    27%

    GENERATIONX7%

    GENERATIONY

    20%

    TEENS13%

    TWEENS12%

    KIDS21%

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    14/20

    PURCHASING POWER OF THE AMERICANTWEEN VIS-A`-VIS THE OTHER AGE GROUP

    IN

    BILLION $ / ANNUM

    IN

    $/ ANNUM / PERSON

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    15/20

    TOY SPENDING IN THE US

    TOYSPENDINGIN BILLION

    US $

    AGE IN YEARS(OF THE US KIDS)

    2000

    ----- 1990

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    16/20

    MATTELS RESPONSE

    Re organization of business units on20th February 2003.

    Mattel came up with BARBIERAPUNZEL in 2002.

    Mattel came out with MY SCENE

    Barbie in 2003 which costs $ 13.99. Offered 2 for 1- still unable to catch the

    market.

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    17/20

    Mattel launches FLAVAS.

    Line of HIP-HOP fashion dolls.

    Designed to appeal to older girls.

    BARBIE CAN ONLY GO SO FAR

    -Eckert, Chairman & CEO MATTEL

    It (Mattel) cant just rely on Barbies-CHRISTOPHER PALMERI,a senior correspondent Business Week.

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    18/20

    THANKING YOUI S T H E I R A N Y Q U E S T I O N

    ?

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    19/20

    MATTELS BUSINESS UNITS

    Mattel Inc.

    Fisher-Price

    Brand BusinessUnit

    (Infant and Pre-school Toys)

    Mattel Brands

    Business Unit(Lifestyle

    Brands for kidsof All Ages)

    American GirlsBrand

    Business Unit(Products For

    Girls In theAge Group 3-

    12 Years)

    Mega Brands

    Barbie

    Hot Wheels

    Power Wheels

    Rescue Heroes

    Character Brands

    (e.g. Dora, the explorer)

    Little People

    American Girls

    Collection

    American Girl Today

    Magazine

    Girls of many lands

    Angelina Ballerina

    American Girl

  • 8/2/2019 barbie-vs-bratz-1205497394249390-4 (1)

    20/20