Lego Toy Building Sets and the Batman Franchise Strategy

Since its modest beginnings in 1932, the LegoOne of the most profitable among the successful
company continues to make adults and children alikefranchises that have made it to the Lego ranks is
happy with new play sets being continuously releasedBatman. Batman sets are scenes from Marvel comic
in the toy market. Lego is popular with many adultsbook's movies and cartoons. Lego has turned famous
for purely nostalgic reasons, while kids simply loveBatman scenes and locations, as well as vehicles, into
playing with the toy sets while unknowinglybuilding sets that provide hours of entertainment. Of
developing their building skills! The nostalgia angle is aall the vehicle sets the Batmobile is, of course, the
great marketing pitch, but to be able to survive,most popular. Other Lego sets are Robin's Scuba Jet,
Lego must do more than to depend on nostalgia.the Penguin's submarine and Mr. Freeze's jeep. What
Lego has always been known for the innovations inare even cooler are the Batman mini-figures that
its products and the system utilized to make thesecome with these vehicles. This is but a few of the
products, but without a solid offering, it could veryLego Batman sets available today.
well remain on the sidelines while other toyBatman is a very profitable franchise that really
companies rise to the top. Lego executivesneeds no promotion. However, the partnership with
understand this situation and have made aggressiveLego was a wise move on the part of both
marketing and production campaigns promoting thecompanies as they are able to reap the benefits
products and the brand.from each other's loyal following. A prime example of
Lego has released thousands of themed play setsthe effect of this strategic alliance is that Lego
over the years, including dinosaurs, medieval castles,collectors and Batman memorabilia collectors can be
robots, and train sets, to name a few. While thisone and the same. A Batman collector who collects
surly helped Lego capture a larger market share, theanything Batman is also likely to buy Lego as long as
company showed great vision and further widenedBatman is the theme. It won't matter what type of
its lead in the building toy market by partnering withplay set it is, as long as it's Batman related. This
companies that own super franchises such as Harrybuying behavior applies to Lego collectors as well.
Potter, Indiana Jones, Harry Potter, Sponge BobThe Batman product and Lego marriage means more
Squarepants, Star Wars, and, of course, Batman.than just short-term profits. One has to take into
These franchises were transformed as Lego toyaccount the long-term aspect of the merger. The
building sets using toy bricks, blocks, and pieces,more Batman products Lego releases, the higher the
much to the delight of both movie enthusiasts andprobability for increased customers and profits.
Lego buffs.