Results 1 to 8 of 8

Thread: Lego is now number two (overtaking Hasbro)

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1
    Join Date
    24th May 2007
    Location
    Brisbane
    Posts
    38,239

    Default

    Taking on the board-games market 4 years back boosted their revenue massively, to the point of taking on Hasbro's dominance in that field.
    After losing the exclusivity on the regular brick design (and facing bankruptcy), Lego started focusing on areas that prevented imitations/competition - like the board-games, computer games and Licensed/themed block sets. Anyone else trying to produce cheap versions to compete would be encroaching on their IP.
    It makes sense - if you can't compete with the cheaper competition with your old products, find/create new products that you can sell exclusively, at inflated prices.

  2. #2
    Join Date
    30th May 2011
    Location
    Townsville
    Posts
    1,639

    Default

    Quote Originally Posted by griffin View Post
    Taking on the board-games market 4 years back boosted their revenue massively, to the point of taking on Hasbro's dominance in that field.
    After losing the exclusivity on the regular brick design (and facing bankruptcy), Lego started focusing on areas that prevented imitations/competition - like the board-games, computer games and Licensed/themed block sets. Anyone else trying to produce cheap versions to compete would be encroaching on their IP.
    It makes sense - if you can't compete with the cheaper competition with your old products, find/create new products that you can sell exclusively, at inflated prices.
    +1

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •