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The case of BARBIE  Lets go inside By Aviroop Banik Rizvi Academy of Management,
BARBIE ‘ WE WANT TO BE EVERYWHERE THE GIRL IS’
1
Girls fascinated by the slim dolls. Aspiration for good looking slim figure
If Barbie dolls sold since its inception in 1959,were placed  one after the other from  head to toe, They will circle the earth 7 times
Barbie Inspired by her daughter’s excitement for paper  dolls,  Ruth Handler  developed a 3D doll called  BARBIE . New York Times called Barbie Doll a  ‘CRASHING BOMB’.
U.S Market Mattel Inc. U.S Market illuminated Mattel launched  Barbie in 1989
Barbie became equally popular among the  Kids & pre-teens.The company sold  nearly  350,000 dolls of Barbie in the first year.
Barbie underwent several makeovers Changing outfits, Accessories Sales exceeded $100 million & Mattel entered  FORTUNE 500 ranking
 
-In 1999 ,Barbie had 95% penetration among girls  aged 3-11 in  Australia alone. -90% of the U.S sales in fashion doll segment  & 30% of total sales  of Mattel Inc. Barbie, CONTROLLING MARKET
Brand value$1.87 Billion  in 2004 worldwide.
By  the beginning of 21 st  century, Barbie was  falling down. Barbie
competitor To shoot out Barbie
In 2001,MGA Entertainment Inc.launched BRATZ,targeting the  tween girl market.Bratz dollsWore trendy cloths,platform shoes &  fur jackets,inspired by the hip-hop culture.
market share of Barbie  dropped   from 90% to 70%.
Arresting  the declining phase- Adding more accessories of Barbie. Robert Eckert,CEO-2000 said…
 
Surfboards
Barbie motorbike
Added New boyfriend  BLAINE Barbie's New Boyfriend Blaine  : Australian surfer hunk from down under takes place of discarded Ken doll, who remains just a friend
My scene Barbie- 2002 My Scene touring Music show that goes into the mall- to build the brands that  go beyond just being toys.
With Launched in Federal Departmental stores
 
 
 
‘ CHATNOW’ Hasbro’s  Chat now  2 way radios were introduced  with the  intention to overcome Parent’s resistance for cell phone usage by their kids
Barbie Cell Phones
Prepaid Talk time Service provider-  Verizon  Communication Ringtone downloaded From Barbie website.
Time line
1959
Mattel becomes publicly owned company 1960
Mattel introduces  Christie , an african-american doll Christie injected into the market-1968
Nickelodeon Licensing agreement (1996)
Ferrari grants Mattel worldwide exclusive rights to produce toys, apparels & accessories 1999
Mattel introduced products based on J.K Rowling's first book Harry Potter and the Sorcerer’s stone
Her first Movie hit the market Oct 2,2001 78 mins By Owen Hurley Barbie in the Nutcracker
 
Mattel’s senior VP said, a girl’s life incorporates friends, boys,school,sports &  activities, not just  Toys. WE NEED TO  DO IS DEFINE ASPIRATION.
A survey by  kidzEyes  of 1000 children in the age group of 6 to 14 yrs,found that  more than Half of the boys wanted electronic gadgets like Computer, video  games,softwares as gifts.
Toy sales fell down to $20.1 billion in 2004 from $20.7 billion in 2003 Sale is going down, shucks…
A study by Cingular & International communication Research- Tweens were more attracted towards  Cell phones as a means to communicate with their friends. Parents also want to buy cell phones to them,so they could always keep in touch with them
Technology has  become an integral  part of education & entertainment  among tweens. Yankee Group ,Boston based  Research  & consulting group
Tweens come in  proximity To FASHION
Tweens are changed, so their Lifestyle &  so their need.
Kids, esp. girls want body décor or body art.
Perfume
Jewellary
Cosmetics
So, how to transform this scenario?
Protecting Barbie in Indian Market Recommendations
 
 
 
 
 
 
 
 
 
 
 
Barbie should organize various events for kids  in India.
Potential Market is visible to everyone,  but  LISTENING   the voice of the customers in  India is the future challenge .
 

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