Toy World Magazine January 2024

Page 70

Brand Profile Retail Profile

Moose

Changing the game at

Toymaster

T

The independent toy buying group Toymaster is planning some changes to the way it operates, placing greater emphasis on its FOB programme and shifting internal roles to better reflect the strengths of its team members. Paul Reader, Toymaster’s commercial director, paid a visit to the Toy World office to chat with Rachael Simpson-Jones about what these changes will mean for members and suppliers, how the group is helping indies overcome challenging trading conditions and why a one-size-fits-all approach doesn’t always work.

oymaster has been around since 1989. The buying group helps independent toy retailers compete in the marketplace. Its mission is to help members trade more profitably by building strong relationships with suppliers, working closely with big name brands and products, securing indie exclusives, and working on a full 12-month marketing programme including window and in-store display materials, promotions and loyalty schemes. It also produces an annual consumer Christmas catalogue in three different page configurations to suit every member’s needs and offers advice on all aspects of toy retailing when required. Its bespoke Toymaster Information Management System (TIMS), meanwhile, streamlines members’

accounts and invoicing, freeing up more time to spend on the shop floor and allowing the retailer to run their business efficiently. It’s a popular, well-respected, well-run group. Yet despite this, Paul, ever the pragmatist, says the group has had to face up to the challenging retail sector. Recruiting new bricks & mortar retailers remains a priority to strengthen the group’s position in the market: a stronger independent sector is both important and necessary. Toymaster recognises that it must adapt, improve its current offering and continue to support its existing members and suppliers. To this end, Toymaster is turning its attentions back to its FOB (Free On Board) programme. Long a successful

Toy World 70

mainstay of the group’s strategy, it has always been about the best performing brands and mostly hinged upon a spring/summer range previewed in October, delivered in January/February, and an autumn/winter range previewed in March and delivered in August. Paul credits Zuru for changing the group’s outlook on FOB. Its ever-changing, trend-led assortments mean Toymaster needs to take a more year-round approach to FOB lines that, in turn, will provide its members with a higher turnover of new product to tempt shoppers back again and again. Brian McLaughlin - an experienced buyer with a background at Toys R Us and Early Learning Centre and the group’s development manager of some five years will be transitioning to a new role overseeing the group’s


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Touching Base - Hot Properties

12min
pages 124, 130, 132

Special Feature - Rhenus Logistics

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page 168

Company Profile - Scopely

6min
page 122

Viewpoint - Asha Bhalsod

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page 112

Special Feature - Kids@Play/Beano

6min
pages 119-120

Opinion - Norman Macdonald - Letter from the Middle East

5min
page 90

Opinion - Rick Derr - Letter from America

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Circana Insight

7min
pages 54, 56

Company Profile - Jazwares

10min
pages 248, 250

Company Profile - Ravensburger

10min
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Touching Base - Toy Fair 2024 - First time exhibitors

8min
pages 240, 242

Touching Base - Toy Fair 2024 - Retailers

14min
pages 230, 232, 234, 236

Touching Base - Toy Fair 2024

1hr
pages 194, 196, 198, 200, 204, 206, 208, 210, 212, 216, 218, 220, 222, 224, 226, 228

Opinion - Generation Media

9min
pages 100, 102

Talking Shop

23min
pages 59-60, 62, 64, 66

Touching Base - 70 year reflection

37min
pages 158, 160, 162, 164, 166, 170, 172, 174

Toy Fair 2024 - 70th Anniversary

10min
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Hot Properties

45min
pages 114, 132, 134, 136, 140, 142, 144, 146, 148, 150, 152, 154, 156

Company Profile - Mattel

11min
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Opinion - Giraffe Insights

5min
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Opinion - Super Awesome

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Company Profile - Xplore Distribution 

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Special Feature - Retailer of the year

8min
pages 82, 84, 86

Retail Profile - Pocket Planet

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Retail Profile - Toymaster

10min
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