Collecting
replaced trading and playing, and cards were carefully placed in plastic
holders. When everyone became a collector, the value of the cards dropped.
Thirty
years later, Wizards of the Coast Company brought back the concept of
collecting trading cards with Pokemon and Magic the Gathering. "Magic
the Gathering in fact, is not just for young kids. It's not unusual to
see 'kids' over 20 playing this game!" Silver told us. These cards
will remain "valuable" as long as everyone continues to play
with them and not collect them.
Predicting
what toys will be a success is more than just luck, admitted Silver. He
sees well over 100,000 toys during Toy Fair each year. Toy Fair occurs
every February in New York. It is an opportunity for manufacturers to
present their line to toy buyers. Toys fill up 15 floors of two buildings
between 23rd and 25th Streets and Broadway, and are also shown at the
Jacob Javits' Center where over 1,000 manufacturers exhibit their toys.
Manufacturers test drive their line even before they are presented at
Toy Fair. Manufacturers create focus groups where kids are actually paid
to play with new toys. From these focus groups, manufacturers can determine
which toys have a chance to make it to market. Sometimes, manufacturers
are hit with surprises, and they don't anticipate market response accurately.
This was the case, for example, with Tickle Me Elmo. This toy did alright
in focus groups, but when the toy hit the market, the retailer was caught
without enough product to meet the consumer demand. While some people
might believe that underproduction was intentional, a marketing strategy
to create demand, Mr. Silver denied that this was the case with this product.
"The company just didn't anticipate how popular this toy would be."
According
to Mr. Silver, technologically advanced toys are the wave of the future.
Toys will definitely become more life-like in the next millennium: they
will be smarter and more realistic in design. He admits that while the
new millennium will feature these kinds of toys, he and his colleagues
are concerned that toy manufacturers use caution. "It is important
that toys motivate children to use their imagination. High tech "watch
me" or "entertain me" toys may reduce a child's imaginative
play. Toys should always be interactive, enabling children to have fun
with make believe play."