The next few posts will consist of the pitches that the subteams made in the latest task, starting with Zak and Louise's pitch to Unclekevo:
Zak says (22:07)
Okay, Kevin. We're ready whenever you are.
Kevin says (22:08)
Good Evening Team Viveza
Zak says (22:09)
Hello there. First of all, we would just like to thank you for taking the time to see us this evening and we’re quite certain it will be all worth your while.*
Kevin says (22:09)
no problem
Zak says (22:09)
I’m sure you’re sitting there thinking that this will be another elongated, drawn-out pitch that will be a waste of time, am I right? Well, I’m sure we can change your mind.*
We have developed a new, healthy, affordable toy for children, but what makes this toy special? Why is it better than the other toys currently out there already? Why should you bother spending your well-earned cash on it? Well, I’m going to let Louise tell you why.
Louise says (22:10)
“Aliens VS Warriors” is a “collectibles” based game that binds the element of healthy competition with the classic fun of collecting figures and their accessories. What we have come up with is two set of figures, one is a group of Warriors and the other, Aliens. A little twist to this is that we have divided them into different classes.
On the Warriors side we have a Knight, a Viking, a Magician and a Ninja. On the Aliens side, we have taken the, perhaps, more unconventional route and named them after their home planets, so we have a Neptunian, a Martian, a Venusian and a Mercurian. In addition to this, we decided to make the toys appealing to both genders, so we have a male and female of each class.
Along with the figures, we will also be supplying a few accessories, namely, a method of transportation for each figure and a weapon.
Louise says (22:11)
The main aim of our product is to inspire children to pick their preferred side (the Aliens or indeed, the Warriors) and “battle” each other or make up their own stories with the figures and accessories. We feel it inspires use of their creativity and imagination. It also encourages children to play together which is a good incentive for parents to want to purchase the products.
We feel you, as a buyer, could gain a lot from investing in our product. In this day and age, “collectables” are all the rage amongst the youth and with our extra element of using a “versus” mechanism to encourage competition, as well as the unisex factor, we feel these would be an instant hit with children from the ages of 5 to 11.
Zak says (22:11)
*Next on the agenda are the costs of our new children’s toy. Like usual, as the quantity of the sale increases, our discount system kicks in.*
This basically means that the more toys you choose to order, the cheaper the price - below is a standardised version of our current prices:
*0100: £13.00. Savings : 13.3% = £0200.
*0250: £11.50. Savings : 23.3% = £0875.
*0500: £09.50. Savings : 36.6% = £2750.
*1000: £08.00. Savings : 46.6% = £7000.
*The first number indicates the quantity of products and the second number of course being the cost per each product. The percentages are the profit you will make after selling them off for the retail price (of averagely £15).*
Zak says (22:12)
The percentages have been turned into an actual figure to define the profit of how it would be without the price decrease, aka discount.
Louise says (22:12)
In conclusion of our pitch, we'd like to say that we really believe Aliens VS Warriors has great potential to be the next big thing amongst our target age range and we hope our reasoning has come across in this pitch.
We would like to thank you very much for your time and we hope you enjoyed listening and that you consider our product to be as interesting and innovative as we do, and most importantly, worth your investment. We now invite any questions you may have. Thank you very much.
Kevin says (22:12)
Thank you Team Viveza
Kevin says (22:13)
Okay, firstly, what is the reccomended retail price of the figures and how many are supplied in each purchase pack?
Zak says (22:15)
Firstly, the recommended retail price is £15 and in each purchase pack, you receive one figure (as well as one transport vehicle for that figure) - this makes our product lie in the "collectibles" based game as mentioned earlier.
Louise says (22:15)
In addition, we also include a weapon for each figure.
Kevin says (22:16)
Okay, in terms of the transport vehicles, could you give me an example of what constitutes as a transport vehicle?
Louise says (22:17)
Depending on the figure you choose to buy, you get a suitable transport vehicle for that personality. For example, with the Knight, we supply a horse and with the Aliens, we supply a variety of different spaceships.
Kevin says (22:18)
interesting,
Now in terms of the premise, it seems to have links to the Decepticons vs Autobots theme of the Transformers range
Kevin says (22:19)
what other products do you see as a rival to your toy?
and naturally, how will your item stand out from the others being sold
Zak says (22:22)
In terms of rivalry to our product, we feel that all other 'collectible' based toys are possible rivals. These may include toys such as Bakugan, Beyblades & the variety of trading card games.
Louise says (22:23)
Our product stands out due to being infinitely more based around the "unisex" aspect of collectibles. There are plenty of collectible toys out there that aim themselves more at the young male target market. Our toy binds both male and female and also, doesnt include "stereotypically" female characters.
Kevin says (22:24)
Whilst I appreciate the female characters, this particular type of toy is aimed towards boys
so whilst I see your point, it feels like it would naturally be more aimed towards the young boy market anyway
Kevin says (22:25)
Now, focusing on the specifics of the figures, what material and size would your figures be on average?
Louise says (22:26)
Our figures would be 6 inches tall and 3 inches wide.
Louise says (22:27)
The material is plastic.
Zak says (22:30)
We understand that this typical market is mainly aimed towards males, however we feel that it was important we didn't come off sexist in any manner & wanted to give the female characters a chance.
Since the figures are bought one by one (and the buyer knows which figure they are getting), they can choose who they prefer so this may mean that the female characters might get edged out at some point, or maybe they will be a large success - we figured it was important in the beginning.
Kevin says (22:31)
Now, the combat aspect of the toy would suggest that it's aimed towards a similar market to action figures such as Power Rangers, do you think the fact that it promotes combat between two colonies might put some parents off buying it for their children?
Louise says (22:34)
We did consider this, but we came to the conclusion that the main benefit of the toy overweighs the "combat"aspect of the toy" as it encourages children to play together and encourages "healthy competition" without any real violence.
Kevin says (22:35)
okay, thank you
Kevin says (22:36)
In terms of the benefits of the toys, do you see it having any benefits in terms of co-ordination, thinking or imagination
Zak says (22:37)
We feel that imagination is our largest aspect of this product. This is because the 'combat' element allows the children to think up their own backstory to 'Aliens VS Warriors' if you will.
Kevin says (22:39)
In terms of its' other rivals in the toy market, parents are obviously going to want to opt for a toy which they see being educational for their child or being something where they could join in play with their kids, how would your product offer this?
Louise says (22:41)
While I understand the view of "parents opting for educational", it isn't generally true. There are many toys on the market that have zero educational aspect and are extremely popular purely for the collectable aspect and fact that children purely enjoy playing with them. There are other toys around to offer the educational value, ours isn't about that. We think the fact it encourages the children
to play together and use their imagination would be enough for the parents to be happy to buy our product.
Kevin says (22:42)
Okay, now I know that this isn't part of the pitch but a large aspect of the appeal of toys for many are the way they come across on the shop shelves, how would you ensure that your toy stands out packaging, visual and colour wise were I to stock it alongside other rival toys?
Zak says (22:45)
Unfortunately, Louise has to leave. Anyway, as a team we feel that one of the best features of our product is the visual aspect. The figures themselves are very bright and colourful which would immediately draw attention. Allow me to give you an example of the colours with one of our 'conceptual' art drawings...
http://img832.imageshack.us/img832/5...dea4035997.png
This would be the male Martian character.
(By conceptual, they are ostensibly not the correct statures, but they give you a good idea of the visual element.)
Kevin says (22:46)
of course yes
for example, would you have a particular colour scheme for the packaging?
Zak says (22:49)
Absolutely. Predominantly, we would split the packaging into two separate sections (in terms of colour schemes).
These two sections being the Aliens against the Warriors of course.
We feel that the colour scheme for the Aliens would be a lot more fanatical opposed to the Warriors. By fanatical, I mean an array of bright, perhaps unrealistic, colours.
Kevin says (22:49)
Okay, and the warriors?
Zak says (22:50)
Oh, sorry. Whilst still appealing, we thought a more realistic approach to the Warriors would be more logical. For example, the blues and the greens as opposed to the reds and the oranges
Kevin says (22:50)
okay
Now, a concern for me is your pricing.
Kevin says (22:51)
Whilst I appreciate that each product contains more than just a figure, glancing at your rival Bakugan for example, the product retails on average between £8 and £14 and many of them have two figures per pack, how does your product justify the price?
Zak says (22:54)
The toys are approximately 6” by 3”, so the individual products are actually quite large. However not only that (and as you mentioned), but a few of the accessories comes with the figure – for example, the method of transport, the personalized weapon & the interchangeable clothing.
As opposed to Bakugan, which with a quick research, one of the figures of their product is worth £35 and by looking at the product details, our toy consists of a lot more. The 35 pound toy being a good seller as well, we feel parents will be more than willing to pay the £15.
Kevin says (22:55)
okay
Now, let's talk business specifically. Would you be open to an exclusivity deal and if so, on what terms?
Zak says (22:59)
I don't want to turn down the deal as of yet, I would be more than willing to get back to you. But for right now and in our best interests, we figure an exclusivity deal is not the best option for our production company - especially since we have been offered exclusivity in almost every other interview.
Kevin says (23:00)
So in one other interview then?
Zak says (23:00)
Certainly in one, I have no knowledge about the third interview happening also at this moment.
Kevin says (23:01)
okay
well that's all fine then
Thanks Zak
Zak says (23:01)
Excellent, thank you very much.