Making It in The Toy Industry with The Toy Coach

By: Azhelle Wade | The Toy Coach
  • Summary

  • How do I bring my great toy ideas to life? How do I get my concepts in front of BIG toy companies like Hasbro, Mattel, and Goliath Games? Where should I go to create my own prototypes and how much should they cost? Is my only manufacturing option in China? These are just a few of the questions that will be answered on this weekly podcast, Making It In The Toy Industry. In addition to mini toy masterclasses, and step-by-step guides, each episode is designed to help you take immediate action toward developing, presenting, licensing, and producing your next big toy idea. Learn the invaluable how-to’s like, finding a factory for production, negotiating costs, and industry-proven sales techniques so that you can turn your toy dreams into a reality. | Brought to you by thetoycoach.com |

    © 2024 The Toy Coach
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Episodes
  • #244: Choosing The Right Crowdfunding Platform For Your Launch with Lisa Ferland
    Nov 6 2024

    Have you ever wondered what it takes to successfully launch on a crowdfunding platform?

    Many creators go to the world of crowdfunding believing it's simply about having a great idea and posting it online. However, there's far more strategy involved than we realize. The process requires meticulous planning, audience engagement, and a strong narrative to capture backers' hearts and minds.

    In this episode of Making It In The Toy Industry, host Azhelle Wade talks with Lisa Ferland, a seasoned crowdfund consultant who has helped raise over $1 million for creators on platforms such as Kickstarter, BackerKit, and Indiegogo. Lisa shares tips on everything from evaluating if crowdfunding is right for you, to understanding the importance of community, and the critical role of storytelling in the toy industry. Discover why the pre-launch phase is crucial and learn specific strategies to keep backers engaged throughout your campaign. Listen to the full episode to absorb these insights and more—perfect for both seasoned and aspiring creators!

    Listen For These Important Moments

    • 05:25 Lisa’s Journey: From Editing Stories to Crowdfunding Consulting
    • 11:22 The First Steps for a Successful Kickstarter Launch
    • 18:47 Indicators That Crowdfunding Might Be Right for You
    • 24:30 The Importance of Building an Audience for Crowdfunding Success
    • 30:56 Engaging and Maintaining a Community of Backers
    • 36:45 The Role of Visuals and Multimedia in Kickstarter Success
    • 41:03 The Significance of the Pre-Launch Phase in Crowdfunding
    • 49:20 Understanding and Navigating the U-Shaped Curve of Campaigns
    • 55:12 Key Elements of Post-Launch Engagement for Repeat Backers



    Send The Toy Coach Fan Mail!

    Support the show

    Popular Masterclass! How To Make & Sell Your Toy Ideas
    Your Low-Stress, Start-To-Finish Playful Product Launch In 5 Steps
    >> https://learn.thetoycoach.com/masterclass <<

    Show More Show Less
    42 mins
  • #243: Vendors VS Sales Reps: A Storytelling Sales Showdown with Tres Patten and Rachel Jones
    Oct 30 2024

    Ever wondered how to truly captivate buyers in the toy industry? Or why do some sales pitches fall flat even when the product is amazing?

    In today’s episode, we will talk about the magic of storytelling in the toy industry! We’ll cover how sales reps and vendors approach things differently, plus the secrets to crafting pitches that go beyond a quick sale and build lasting customer relationships. Discover how storytelling can be the key to success in this highly competitive toy market.

    Join us in this storytelling showdown with our guests, Tres Patton and Rachel Jones! Tres reveals techniques for crafting a compelling brand story, while Rachel discusses the importance of seeing through a child's eyes and building long-term relationships. Learn the art of maintaining passion, educating retail partners, and ensuring your product stands out. This episode is a must-listen for anyone in toy sales who’s ready to level up through the art of storytelling!


    Listen For These Important Moments

    • 02:26 The Storytelling Face-Off Begins
    • 05:49 Defining Storytelling in Sales
    • 06:53 Building Trust Through Product Experience
    • 14:30 Adapting Storytelling for Tough Sales
    • 18:26 Understanding the Roles: Vendor vs. Sales Rep
    • 25:38 Rediscovering Passion in Sales
    • 26:08 Navigating the Emotional Rollercoaster of Sales
    • 26:50 Balancing Work and Personal Life
    • 28:42 The Importance of Flexibility in Sales
    • 31:32 Building Relationships Through Storytelling
    • 36:26 When Storytelling Falls Flat
    • 41:32 Favorite Toys of Tres and Rachel


    Send The Toy Coach Fan Mail!

    Support the show

    Popular Masterclass! How To Make & Sell Your Toy Ideas
    Your Low-Stress, Start-To-Finish Playful Product Launch In 5 Steps
    >> https://learn.thetoycoach.com/masterclass <<

    Show More Show Less
    49 mins
  • #242: How Wow Moments Became The Foundation Of This Toy Business with Richard North
    Oct 23 2024

    Want to know how to ‘wow’ your way into the competitive toy industry?

    In this episode of Making It In The Toy Industry, host Azhelle Wade looks into Richard North's life, sharing how he went from a determined 19-year-old to a multi-award-winning entrepreneur and the founder of Wow! Stuff. You will learn about his career’s turning points, such as being featured in Channel 4's Secret Millionaire TV Show, including the emotional inspirations behind the creation of Wow! Stuff and groundbreaking ideas that keep the company pushing forward.

    Find out the importance of mentorship, early business ventures, and how innovation can stem from unexpected places like the novelty 'Butt Face' towel. Get ready to be inspired by Richard’s stories from personal heartbreaks to meeting scientists, forging a path toward tech-infused toys and revolutionary 'puppetronics.' Listen to this episode for expert insights and fascinating anecdotes that captivate and educate aspiring toy creators like you!

    Listen For These Important Moments

    • 01:17 Early Challenges in the Toy Industry
    • 04:01 Building a Resilient Team
    • 07:35 The Importance of Recruitment
    • 09:40 Richard's Entrepreneurial Journey
    • 21:20 The Psychology of Consumer Behavior
    • 27:04 Why Richard Started Wow! Stuff
    • 33:53 From Novelties to Toys
    • 36:17 Innovating with Wow! Stuff
    • 39:36 Collaborations and Future Plans
    • 49:20 A Heartfelt Business Story
    • 52:44 Childhood Toys and Final Thoughts



    Send The Toy Coach Fan Mail!

    Support the show

    Popular Masterclass! How To Make & Sell Your Toy Ideas
    Your Low-Stress, Start-To-Finish Playful Product Launch In 5 Steps
    >> https://learn.thetoycoach.com/masterclass <<

    Show More Show Less
    57 mins

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