Toys n Playthings July 2021

Page 16

CONSUMER

INSIGHT

At cinemas now: Emma Stone stars as Disney villain Cruella De Vil Pic: Disney Studios/Spirit Untamed/ Dreamworks

Movies set to spark sales A

fter a difficult 18 months for the film and cinema industry, the second half of 2021 is set to be an exciting time with a host of highlyanticipated films due to be released, as well as several that have been pushed back from 2020. Before the pandemic, over half of children aged six to nine (55%) reported that they visited the cinema at least once a month in Q4 2019. Having been closed for the majority of 2020, cinemas finally reopened on 17 May 2021 in the UK, which created a buzz about subsequent film releases. As a result, brands can utilise this heightened sense of excitement to appeal to a receptive audience. Over 10% of four-to-eight-year-olds in the UK are buying food and 30% are buying toys related to their favourite movie. Kids aged three to 12 report that they visit the cinema more with their family than their friends. Suggestive of the type of content that will reign as most successful in 2021, it is likely

that kid and family-friendly films will prove to be the most popular as things return to normal. Meanwhile, production companies have not been standing still and are trying to open up new avenues for profit. Acamar Films recently launched ‘The Bing Store’: an online shop centred around the Bing character with ranges of clothing, homeware and personalised products. Bing currently ranks as the 20th favourite character of preschoolers in the UK and peaks as the seventh favourite for threeyear-olds. The availability and variety of licensed material is especially critical among younger kids who rely on these products to engage with their favourites. Establishing an online store means that the accessibility of licensed Bing material has been significantly

heightened, thus pushing engagement. As a result, over five times as many three-to-five-year-olds identified Bing as their favourite character in February 2021 than in September 2020.

Over 30% of four-to-eightyear-olds buying toys related to their favourite movie

What this means to you…

This summer, after so many months of lockdown, families may regularly be visiting cinemas again, providing excitement for kids to engage with their favourite characters. One trend observed during the pandemic was that kids found comfort in the familiarity of brands, characters, and IPs that they engaged with the most. They feel comfortable choosing something related to their favourite movie or TV show for example, which they have probably watched many times during the lockdowns. The main factor that can be seen across the most popular IP in kids’ ecosystems is consistent engagement with certain characters across multiple platforms, whether that’s watching the latest TV show or playing the next big video game. With this in mind, The Insights Family has just released a new IP Tracker. This tool is a holistic performance monitor, which identifies the strength and opportunities for your brand. It enables you to measure your performance against competitors and also discover up and coming IP/brands. To learn more about IP Tracker and to get freemium access to The Insights Family real-time data portal, visit https://get.theinsightsfamily.com/ iptracker.

As kids in the UK return to the cinema, the opportunities for sales of licensed products should be grabbed with both hands, says The Insight Family’s founder and CEO Nick Richardson

The Insights Family (formerly The Insights People) specialises in kids, parents, and family market intelligence. Providing real-time data on their attitudes, behaviour, and consumption patterns, the company surveys 6,970 children aged three to 18 and 3,400 parents every week across 17 countries. To learn more and to get freemium access to The Insights Family realtime data portal, visit: https://try.theinsightsfamily.com/toysnplaythings.

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06/07/2021 12:39


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Articles inside

Don’t Miss - a sneak peek at unmissable products for buyers

1min
page 66

Girls Collectables - Spin Master Special

6min
pages 38-39

The MD Interview - with Gibsons MD Kate Gibson

8min
pages 40-41

Gross & Sparkles – a round-up of the latest slimy, sticky, sensory and sparkly innovations

16min
pages 56-60

What’s New - fresh launches that you need to get your hands on

5min
pages 36-37

Retail Interview - with Ideal World toy buyer Lesley Williams

7min
pages 32-33

Cover Story - with Spin Master senior commercial director of marketing Phil Hooper

4min
pages 34-35

Trade Talk - suppliers reveal their expectations for Christmas trading

9min
pages 20-21

Toy Talk - retailers share their trading experiences and preparations for Q4

16min
pages 22-26

Indie Opinion - Diary of a Toy Shop by Amanda Alexander, owner of Giddy Goat Toys

4min
page 19

Media Analysis - Giraffe Insights explains why Europe is at a digital online tipping point

4min
page 18

Retail Opinion - John Ryan examines ways for indies to sell the ‘shop local’ dream

5min
page 17

Media News - the multimedia rundown

4min
page 14

People News - all the movers and shakers

4min
page 12

Licensing News - what’s hot in licensed products

3min
page 15

News - the latest toy industry headlines

7min
pages 6-8

Gaining Insight - The Insights Family discusses sales opportunities for movie-themed toys

3min
page 16

Leader - with Clare Turner

4min
page 5

Retail News - what’s happening on the retail landscape

3min
page 13

Trends Column - the U.S. Toy Association shares toys and games to keep kids active this summer

11min
pages 9-11
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