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2. Our group
3. Agenda
4. Mattel Company/ Barbie
5. Mattel & Barbie
6. SWOT
7. SWOT Datamonitor
http://ivythesis.typepad.com/term_paper_topics/2009/09/marketing-strategy-for-barbie-dolls.htmlDatamonitor
http://ivythesis.typepad.com/term_paper_topics/2009/09/marketing-strategy-for-barbie-dolls.html
8. Only 3% of the world’s children are here in the U.S. Our biggest opportunities are in growth outside the U.S.
Jill Barad
President/ CEO Mattel
9. Strategies
10. Adaptation Difficulties with values of other cultures outside the U.S. Political and religious battles
Identification of children with typical appearance of your country
Price Adjustment
Adaptation to local competitors
Face and clothes continuously changing Standardization The american Barbie is the most successful
Global Image
American “icon”
The girls have to identify with the doll
The world as an extension of the U.S. strategy
11. Strategic considerations Mattel has decided to concentrate on three aspects:
Product
Brand building
Distribution channel
? “think global and act local”
12. Marketing Mix
13. Product ? Regional
Target group: Kids 6- 11 & parents
Biggest competitor: Bratz
New product inventions has to be developed to cope with the
modern Bratz doll
Brand Image
Standardized global packaging and logo
Be aware of cultural differences
Cultural Differences: Difficulty in the middle-eastCultural Differences: Difficulty in the middle-east
14. Price Polycentric
Prices in toys are only secondary to the consumers but importance of the right value for the product
Competitor threats on price: Bratz
In Brazil, Barbie is in competition with local rivals which have lower prices and more realistic looks
Mattel has to create cheaper Barbie dolls with the same product value ? outsourced production in Asia
15. Place ? Polycentric
Production :
1988 : VOA
Barbie® dolls produced in a plant in Indonesia ? flexibility
Distribution :
Product availability has been improved in specific market thanks to collaborative efforts with international firms
Ex : Japan : complex distribution system ? Bandai Co.
Ex : China the « House of Barbie »
Licence :
A way to diversy and be present on many markets (feminity, fashion or cosmetics for young girls)
45 Derivatives
25 millions €/year Production
Vendor Operations Asia division (VOA), which managed Mattel’s outsourced production
Most of Mattels toys are made overseas (Mattel had wholly owned manufacturing facilities in China, Malaysia, Indonesia, Mexico, and Italy.
The location of manufacturing facilities across different countries provides greater flexibility to Mattel in product manufacturing and delivery.
2. Distribution
Mattel fought competitors in Japan by joining forces with Bandai, Japan’s largest toy company ?beneficial as numerous eastern countries open their markets to western goods.
«House of Barbie», sur six étages d'un immeuble et 1 500 m2. Ce concept store est une véritable vitrine composée d'un restaurant, d'un bar, d'un spa, d'un centre de design où l'on apprendra aux clientes à dessiner ainsi que d'un faux podium de mode. Ce sera aussi un lieu d'exposition des poupées Barbie du monde entier. Le magasin, qui compte 100 000 références, a ouvert ses portes en mars. Ce sera un endroit où les mamans et leurs filles pourront passer autant de temps qu'elles le souhaitent.
3. Licence
Les licences Barbie rapportent environ 25 millions d’euros (166 millions de francs) du chiffre d’affaires global de la marque.
« Notre ambition pour l’Europe, le Moyen Orient et l’Afrique est de faire de Barbie
la première marque mondiale de produits pour petites filles, d’où la forte présence
de Barbie dans tout ce qui touche à la pré féminité, de la mode aux cosmétiques. »Production
Vendor Operations Asia division (VOA), which managed Mattel’s outsourced production
Most of Mattels toys are made overseas (Mattel had wholly owned manufacturing facilities in China, Malaysia, Indonesia, Mexico, and Italy.
The location of manufacturing facilities across different countries provides greater flexibility to Mattel in product manufacturing and delivery.
2. Distribution
Mattel fought competitors in Japan by joining forces with Bandai, Japan’s largest toy company ?beneficial as numerous eastern countries open their markets to western goods.
«House of Barbie», sur six étages d'un immeuble et 1 500 m2. Ce concept store est une véritable vitrine composée d'un restaurant, d'un bar, d'un spa, d'un centre de design où l'on apprendra aux clientes à dessiner ainsi que d'un faux podium de mode. Ce sera aussi un lieu d'exposition des poupées Barbie du monde entier. Le magasin, qui compte 100 000 références, a ouvert ses portes en mars. Ce sera un endroit où les mamans et leurs filles pourront passer autant de temps qu'elles le souhaitent.
3. Licence
Les licences Barbie rapportent environ 25 millions d’euros (166 millions de francs) du chiffre d’affaires global de la marque.
« Notre ambition pour l’Europe, le Moyen Orient et l’Afrique est de faire de Barbie
la première marque mondiale de produits pour petites filles, d’où la forte présence
de Barbie dans tout ce qui touche à la pré féminité, de la mode aux cosmétiques. »
16. Promotion
17. Examples
18. MARKET 1: JAPAN
19. MARKET 2: BRASIL
20. Conclusion
21. Conclusion Barbie is a global brand but it has to change the strategy in every country to reach the childrens needs in different countries
Barbies biggest competitor is the Bratz doll
Barbie has to work on new strategies and products to reach the modern kids and not loose their brandimages and market share
The European and the Middle-East countries are the biggest markets for the Mattel company
23. TACK!
24. Sources Datamonitor
Dual Sourcing Strategies: Operational Hedging and Outsourcing to Reducing Risk in Low-Cost Countries,
M. Eric Johnson (Rev. 12/08/05)
Analysis, Barbie seeks local appeal through Shanghai makeover, 26 March 2009
Datamonitor 2009, Mattel
«Les 50 ans de Barbie sont un tremplin marketing» Marketing Magazine N°131 - 01/05/2009 - Ava Eschwège
« Thinking Made Easy » http://ivythesis.typepad.com/term_paper_topics/2009/09/marketing-strategy-for-barbie-dolls.html
« Barbie phenomenon in Japan » Marilyin Motz, Esther Clinton, August 2007