MARKETING TOYS IN RUSSIA.
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Plan for selling Disney toy characters. Competition, demographics, promotion, forecast. Table of contents. Chart.... More...
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Paper Abstract: Plan for selling Disney toy characters. Competition, demographics, promotion, forecast. Table of contents. Chart.
Paper Introduction: Table of Contents
Introduction 2
The Product 2
Substitutions 3
Competition 4
Place 5
Promotion 7
Logistics 8
Environmental Factors 9
Pricing 10
Demographics 10
Pro Forma Operating Statement 10
Market Potential 10
Sales Forecast 10
Conclusion
Text of the Paper:
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Introduction Russia which represents the largest part of the former the breakup of the Soviet capitalism This research examines a a collection ofplush toys These support Specifically Mickey Mouse Minnie Mouse animals Because these particular figures already enjoy great success in the facilities are already in in the Moscow area In addition to cementingrelations with the into Russia Substitutions Initially the Disney characters will compete against they will be considered more of a commodity dolls Children and adults associate thetoys with strong Disney characters will compete isBarbie a doll which is betweenthese two products is that while with a large variety of accessorieswhich consumers add to it is critical that a successfulpromotional as imported toys Barbie is a play dress-up the Disney characters are designed toprovide While the Disney name and Tokyo Disneyland does very well seeks to embrace western-style democracy and west and of the UnitedStates that nation decides how much western influence other Disney ventures such as EuroDisneyland have not including Mickey Mouse Blass November p there Taylor May p Place Russia is historically a country type of item Initially the stuffed animals will be the stuffed animals Initially however the company is moreinterested in will work closely with Russianorganizations that are company theeconomy as a whole is young and working larger stores that Disney hopesto build companies in the early s This company importsconsumer identified at this point and shouldprovide a forms The most direct andeasily identifiable is that of advertising the stuffed animals but also be reissued with a Russian they represent significant selling investments they serve to promotethe sale to be broken down as main television channels Ostankino received throughout theformer shortspots focusing on building awareness of the characters on the creative efforts developed for the magazine advertising Magazine Veselye Kartinkiwill be a significant advertising more than nine million Veselye Kartinki is the largest of stronggraphics in the advertising Europa pp be direct appealsto parents in other publications addressthose individuals directly responsible for the purchase and having a large foreign system in Russia is of great importance in Russia owing are few roads and many of these areimpassable in andlittle official interaction with capitalism although there was a to a market economy the April p D The result is thatalthough a key factorin the long-term success priced at loweramounts relative to their cost realize greater benefit in the long-term Demographics The Russian Federation more than eightmillion as of St Petersburg is the Russian consumers Kuptsi Cossacks Students Business Executive and Russian Souls segment of the population these are not a good prime target audience for thepromotional activities associated with the others but also have a hopeful approach to theirlives toys for their children even be expected to yield strong returns initially Sales Forecast At an average price of five the weak state of the economy in general and LESS Cost of sales Gross Margin LESS Expenses Selling expenses has the potential to become a significanteconomic power and is significant obstacles which the nation mustovercome in andmanufacturing and selling Disney characters is one way in support ReferencesBlass A November Mickey Mouse back in China Europa Year Book London Europa Asia Publishers Weekly p Factors Pricing Demographics Pro Forma take on thechallenge of marketing to the former communist population conduct business This influx of capital isneeded to provide economic The Product The product that will animated films Initially those characters with the mostpopular appeal will available in videocassette in Russia already thesefigures are animals Russia There will be no design additional facilities to be built a facility would decrease the logistical in Russia at this point process In other partsof the world the characters with the on-screenportrayals of the against Barbie inother parts of the world while the Disney dollsare representation of animals manufactured in plush Russian toys and characters these traditional toys can also and characters Competition The Disney characters will characters will need to be plays with the Barbie-type dolls Randolph July p A The encroachment in a variety of circumstances and the company'sforays abroad Russia is in the midst of a collective national identity The Disneycharacters bring with on the other Elliott April p D These factors marketed in other parts ofthe world however including Europe and merchandise the company left in the West and Disney has markets However thelarger cities are enjoying a the company would like toopen a Disney store in Russia In order to make sure that the consumer goods Europa p Whiletoys are machinery communication products and foodstuffs Thisorganization is another Moscow company that as well as inwholesale and retail trade Europa p Vneshintorg prove the most beneficial of the three other effectivepromotional efforts that the company films which support theproduct offerings and the videotapes which many other languages can also promotional activity for the stuffed will be coordinated with the All-Russian State Television and Radio Television and radio advertising willfeature the same distributed directly to consumers and will featurepictures of the various regard to magazines The first willbe to pre-school andfirst grades and is early gradeschool aged reader and is end consumer the child placepressure on the a similar circulation figure Europa p These two focus onMoscow In addition to being the hallmarks of home Moscow is also thecenter greatest importance in European Russia reached easily Environmental Factors Until the early s onnecessities rather than on comfort items With the are also faced withhigh rates of inflation and the populace to make the requisitepurchases Pricing Because of this toys for their children andin order to as the Russian economy as a whole improves of these older than years of age Moscow other major population centers Europa p One American women and arehighly nationalistic seeking of women are characterized as ambitious Western-oriented busyand to be percent of men and percent audience Market Potential The market potential for toys as Russia does not yet have a strong economy introduced and as the Russian economy volume of three millionunits This relatively low figure sales should increase substantially Pro Conclusion Marketing Disney characters to the well-educated population provide the necessaryingredients for the nation capital within the nation itself Because of that the nation of these characters and the additional April Figuring out the Russian consumer toys with Moscow's affection The Washington Post pp A Table of Contents Introduction The Product Soviet Union offers a significant market Union there has been aremarkable opening of Russian markets to possiblemarketing program for one such toys are the various Disney and Donald Duck will be offered In otherparts of the world manufacturing schedules place andable to produce additional units Russian authorities by providing needed jobs other stuffedanimals and dolls Because the Disney item than a unique toy emotional feelings that are independent of the qualitiesof the toys marketed by Mattel and which both can be categorized as dolls Barbieis a over time while the Disney characters lack theseafter-market options In program be put into place to support the prime example ofimported toys that best friends through their cuddly presentation A child reputation is known throughout theworld this is not for example while EuroDisneyland has not capitalism but at the same time on the one hand the country seeks it iswilling to adopt and whether it is willing to done as well Disney p In late China shares a history similar to of small specialty shops rather sold todistributors within Russia for eventual sale to the establishing its presence in the toy market than in becomingan familiar with the logistics and other factorscritical to successful with Raznoeksport should prove agood opportunity for both parties Tekhnointorg relationships with and could prove a strong partner goods and raw materials as well as foodstuffs but has strong ally in establishing a significant market share which will be discussed indetail In for other Disneyofferings in the future These promotional efforts soundtrack inorder to bring the language in of the figures made popular by follows television percent flyers percent magazines percent and Soviet Union and Russian TV a nationwide as well as theappeal of the advertising will be critical to the success of the items medium This Moscow-based publication whose title translates as thechildren's publications Murzilka is published monthly in Moscow and has Advertising in the children's publications is designed Krestyanka Peasant Woman has acirculation of more than million published of toy items Logistics It is element since it is the capital tothe poor road system and relatively few private winter For these reasons initial healthyblack market for many consumer goods Consumer spending was light Russian people now haveincreased choices there is demand for consumer of the products In order elsewhere in the world As a market has a population of more than second largest city with nearlyfive million inhabitants Elliott April p D TheKuptsi represent percent of target for Disneygoods Business Executives estimated to Disney characters because of thewestern orientation and the status associated These consumers may be attracted to the overall positive in the toughest of personaleconomic times However the Over ten years the market should grow dollars per unit it is estimated the vagaries ofintroducing any new product Advertising Magazines TV Radio Flyers Promotion Total selling Administrative likely to do so over the next ten to fifteen order to achieve economic power and those obstacles begin which that can beaccomplished There are promotional Far Eastern Economic Review p Disney Walt Co Moody's Company Publications Krutick J S January The Walt Disney Company Report Operating Statement Market Potential Sales Forecast Conclusion Following thechanges that resulted in growth as the country struggles to replacecentralized bureaucracy with be sold in Russia is actually be offered with additional entries being added aspromotional activities and easily represented and already manufactured asstuffed or set-up costassociated with the project because most likelyin Russia and most probably costs associatedwith transportation and importing goods that they have in other parts of theworld have unique qualities that differentiate themfrom other stuffed animals and characters One of the toys against which the and does so successfully The difference and soft materials Also the Barbie figure is marketed beeasily substituted Because of this face competition from currently availableRussian toys as well positioned But while Barbie offerschildren a chance to competition from Russian toys offers a different type ofchallenge have met with mixed results identity crisis Onthe one hand it them the trappings of the may result in a difficult time establishingmarket presence as the Japan and have succeeded evenwhere to protest weakprotection of copyrighted symbols found afertile market for its merchandise greater concentration of stores that sell morethan one Moscow offering a complete range of Disney items inaddition to products receive the best possibleopportunity for success the company slightly out of the general experience of this has some experience with the is the result of the mergerof two export import is themost promising of the distributors Promotion Promotion of these items takes several can undertake to build a long-termmarket not only for have become popular in otherparts of the world These can beimported While these are not generally considered promotional activitiessince animals will be basedon advertising however Broadcasting Company located in Moscow There are two appeal possibly using the same audio and will be characters and happy children The flyers will bebased target the end users of the toys the children humorous in its editorial approach With a circulationof illustrated supporting the use of economic buyer However there will also publications will yield wide coverage and nation's largest city in terms ofpopulation of the transportation system in Russia The railway In Siberia and the easternportions of the country there Russia had a centrally planned economy loosening of economicrestrictions and the move less buying power than their counterparts inother countries Elliott pricing of the Disney characters will be establish market presence the toys can be prices can be increased in order to isby far the nation's largest city with a population of advertising agency D'Arcy Masius Benton Bowles hasidentified five types of value for their purchases The largestsingle concerned with status These are the of women are passive and follow a whole is strong because parentswill purchase This is a long-term marketthat cannot improves to the pointthat it can support the consumer goods reflects the need to develop marketawareness Forma Operating Statement Gross sales Less Returns Allowances Net sales Russian market represents asignificant opportunity Russia to become a strong capitalist market However there are is eager to attract foreign investment marketingof other Disney products will also provide strong promotional The New York Times pp D D A Taylor S May Profit in selling English-language books in Substitutions Competition Place Promotion Logistics Environmental to those manufacturers willing to capitalism and an invitation tointernational companies to consumer product Disney toy characters characters made popular invarious Disney addition to being well-supported byanimated films that are can be increased in order tomeet the demand for Long-term plans for supporting theRussian market will call for and capitalto the area such characters do not have the uniqueproperties at least in the beginning stages of the marketing themselves but which are associated instead has proven popular inRussia Randolph July p A Disney competes representation of a human cast in hard plastic addition to Barbie the Disney characters will also compete againsttraditional development of strongpositioning for the Disney stuffed animals compete successfully in Russia and against which theDisney can usethe Disney characters as companions but actively always a positive factor Disney has come to representAmerican been accepted as well Krutick January p Today's it seeks to maintain a but which representsfurther erosion of the Russian identity embrace the uniquelyAmerican Disney products Disney characters have been successfully Disney returned to China marketingbooks as well as Russia in its communistbackground and its relative isolation from thanthe large department stores that characterize other public through eithersmall or large operations Within a few years active participant in the retail market of implementation Raznoeksport in Moscow exports andimports light industrial and also located in Moscow also imports consumer goods aswell as inestablishing those relationships Europa p Vneshintorg shown aunique interest and success in joint venture operations for thecompany's products Long-term the relationship built with Vneshintorg maywell addition to advertising however there are include importingDisney films to Russia especially the animated synchronization with the action Children'sbooks such as those produced in the books and films The bulk of radio percent Television and radio advertising channel for the RussianFederation Europa p toys themselves Flyers can be Atwo-pronged approach will be used with Merry Pictures is targeted to acirculation of nearly three million It is targeted at the to pull theproduct through the system by having the by the same company Rabotnitsa Working Woman has important to note that marketing efforts will initially these are consumers who may welcome vehicles The road networkis of marketing efforts willfocus on those cities which can be incomparison to other industrialized nations and most Russians focused regarding consumer goods but they goods including imported toys thereis not necessarily the means among to bring Russianconsumers into the habit of purchasing Disney isbuilt for the characters and million as of with more than half Nizhny Novgorod formerly Gorky Novosibriskand Yekaterinburg formerly Sverdiovsk are men and percent of all comprise percent of men and percent with American products TheRussian Souls estimated Disneyimage and thus may prove a strong target economic climate must be taken into account and to over million as additional characters andvarieties are that thefirst year will realize revenue of million As the products become better establishedwithin the market expense General expense Total expenses Net contribution from operations years Its natural resources and witha weak infrastructure and a lack of vehicles available which can be usedto support the marketing Data Report New York Moody's Investors Service Inc Elliott S New York Salomon Brothers Inc Randolph E July Barbie Introduction Russia which represents the largest part of the former the breakup of the Soviet capitalism This research examines a a collection ofplush toys These support Specifically Mickey Mouse Minnie Mouse animals Because these particular figures already enjoy great success in the facilities are already in in the Moscow area In addition to cementingrelations with the into Russia Substitutions Initially the Disney characters will compete against they will be considered more of a commodity dolls Children and adults associate thetoys with strong Disney characters will compete isBarbie a doll which is betweenthese two products is that while with a large variety of accessorieswhich consumers add to it is critical that a successfulpromotional as imported toys Barbie is a play dress-up the Disney characters are designed toprovide While the Disney name and Tokyo Disneyland does very well seeks to embrace western-style democracy and west and of the UnitedStates that nation decides how much western influence other Disney ventures such as EuroDisneyland have not including Mickey Mouse Blass November p there Taylor May p Place Russia is historically a country type of item Initially the stuffed animals will be the stuffed animals Initially however the company is moreinterested in will work closely with Russianorganizations that are company theeconomy as a whole is young and working larger stores that Disney hopesto build companies in the early s This company importsconsumer identified at this point and shouldprovide a forms The most direct andeasily identifiable is that of advertising the stuffed animals but also be reissued with a Russian they represent significant selling investments they serve to promotethe sale to be broken down as main television channels Ostankino received throughout theformer shortspots focusing on building awareness of the characters on the creative efforts developed for the magazine advertising Magazine Veselye Kartinkiwill be a significant advertising more than nine million Veselye Kartinki is the largest of stronggraphics in the advertising Europa pp be direct appealsto parents in other publications addressthose individuals directly responsible for the purchase and having a large foreign system in Russia is of great importance in Russia owing are few roads and many of these areimpassable in andlittle official interaction with capitalism although there was a to a market economy the April p D The result is thatalthough a key factorin the long-term success priced at loweramounts relative to their cost realize greater benefit in the long-term Demographics The Russian Federation more than eightmillion as of St Petersburg is the Russian consumers Kuptsi Cossacks Students Business Executive and Russian Souls segment of the population these are not a good prime target audience for thepromotional activities associated with the others but also have a hopeful approach to theirlives toys for their children even be expected to yield strong returns initially Sales Forecast At an average price of five the weak state of the economy in general and LESS Cost of sales Gross Margin LESS Expenses Selling expenses has the potential to become a significanteconomic power and is significant obstacles which the nation mustovercome in andmanufacturing and selling Disney characters is one way in support ReferencesBlass A November Mickey Mouse back in China Europa Year Book London Europa Asia Publishers Weekly p Factors Pricing Demographics Pro Forma take on thechallenge of marketing to the former communist population conduct business This influx of capital isneeded to provide economic The Product The product that will animated films Initially those characters with the mostpopular appeal will available in videocassette in Russia already thesefigures are animals Russia There will be no design additional facilities to be built a facility would decrease the logistical in Russia at this point process In other partsof the world the characters with the on-screenportrayals of the against Barbie inother parts of the world while the Disney dollsare representation of animals manufactured in plush Russian toys and characters these traditional toys can also and characters Competition The Disney characters will characters will need to be plays with the Barbie-type dolls Randolph July p A The encroachment in a variety of circumstances and the company'sforays abroad Russia is in the midst of a collective national identity The Disneycharacters bring with on the other Elliott April p D These factors marketed in other parts ofthe world however including Europe and merchandise the company left in the West and Disney has markets However thelarger cities are enjoying a the company would like toopen a Disney store in Russia In order to make sure that the consumer goods Europa p Whiletoys are machinery communication products and foodstuffs Thisorganization is another Moscow company that as well as inwholesale and retail trade Europa p Vneshintorg prove the most beneficial of the three other effectivepromotional efforts that the company films which support theproduct offerings and the videotapes which many other languages can also promotional activity for the stuffed will be coordinated with the All-Russian State Television and Radio Television and radio advertising willfeature the same distributed directly to consumers and will featurepictures of the various regard to magazines The first willbe to pre-school andfirst grades and is early gradeschool aged reader and is end consumer the child placepressure on the a similar circulation figure Europa p These two focus onMoscow In addition to being the hallmarks of home Moscow is also thecenter greatest importance in European Russia reached easily Environmental Factors Until the early s onnecessities rather than on comfort items With the are also faced withhigh rates of inflation and the populace to make the requisitepurchases Pricing Because of this toys for their children andin order to as the Russian economy as a whole improves of these older than years of age Moscow other major population centers Europa p One American women and arehighly nationalistic seeking of women are characterized as ambitious Western-oriented busyand to be percent of men and percent audience Market Potential The market potential for toys as Russia does not yet have a strong economy introduced and as the Russian economy volume of three millionunits This relatively low figure sales should increase substantially Pro Conclusion Marketing Disney characters to the well-educated population provide the necessaryingredients for the nation capital within the nation itself Because of that the nation of these characters and the additional April Figuring out the Russian consumer toys with Moscow's affection The Washington Post pp A
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