Preview

Case Study: Build-a-Bear: Build-a-Memory

Powerful Essays
Open Document
Open Document
1521 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Case Study: Build-a-Bear: Build-a-Memory
According to this case, in the 1990s dot-coms were very popular. The walk-in stores were not excelling and at this time it seemed like a bad idea to open one that will be selling stuffed animals. Despite this fact, Maxine Clark founded Build- A-Bear Workshop in 1996. Unexpectedly, Clark’s store excelled quickly and greatly, having more supporters versus non-supporters. Not only is the company continuously excelling in profits, but it is also expanding the availability of its products by the many store locations it has opened. The Build-A-Bear Workshop is an organized world where children are able to create their very own stuffed animal just how they want it. The process has a total of seven stations, in which the animal is fully put together. This process leaves a child with more than just a stuffed animal, they have created a memory that most would not forget. Build-A-Bear is very different from other makers of stuffed animals. While the key selling point of some may be quality, Build-A-Bear focuses on customization and the experience. Another significant difference is that the sales of the Build-A-Bear Company do not peak during the holiday seasons; however, it remains consistent throughout the year. Product personalization is very popular and it brings about great satisfaction, which in return helps to build relationships with customers. Clark never forgot what it is like to be a customer, which enabled her to make Build-A-Bear a customer-centered organization. Clark is actively involved in the organization and visits several of the stores weekly. In doing this, she has establishes a relationship with many customers and has created a buddy list via e-mail. Although Clark only communicates with a portion of her customers, it acts as a foundation for her to communicate with all customers.

1. Give examples of needs, wants, and demands that Build-A-Bear customers demonstrate, differentiating each of these three concepts. What are the implications of

You May Also Find These Documents Helpful

  • Good Essays

    Why to Invest in Mattel

    • 1820 Words
    • 8 Pages

    Mattel is the world’s #1 toy maker with more than 30,000 employees and more than $4 billion in sales. A well-established core product portfolio has set Mattel’s established position in the toy market much higher than their competitors. Its products include Barbie, Fisher-Price toys, Hot Wheels and Matchbox Cars, American Girl dolls books, and licensed Disney and Sesame Street products are just a few that have helped them reach such great profits throughout the world. Although Mattel leads the industry, it recognizes the complexity of staying on top in a highly competitive and shifting business. While keeping their sales outlets current, toy companies must constantly seek to achieve the next big hit. In addition the rising pressure of big-box retailers, the Internet, and catalog sales have affected the direction of the industry in more ways than one.…

    • 1820 Words
    • 8 Pages
    Good Essays
  • Better Essays

    Fao Schwarz

    • 677 Words
    • 3 Pages

    3. Identify the toy retailer’s new business model. Do you believe it will keep the new company in business? Why or why not?…

    • 677 Words
    • 3 Pages
    Better Essays
  • Better Essays

    Marketing increases awareness of an organization’s products and services. In the current technology driven market, organizations must constantly develop and promote new products and services to meet customer needs. The following plan outlines a proposed Kids’ Area for Best Buy.…

    • 2034 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    Bbw History

    • 402 Words
    • 2 Pages

    Located in upscale, family-oriented shopping malls, Build-A-Bear Workshop Inc. owns and operates more than 150 stores in 35 states in the United States and three provinces in Canada. Retail store developments in Europe and Asia occur through franchise agreement. Build-A-Bear Workshop offers a unique retail entertainment experience in providing children of all ages an opportunity to participate in the creation of a personalized teddy bear or other stuffed animal. Customers, referred to as Guest Bear-Builders, walk along The Bearway and stop at stations in a process of teddy bear construction. At the Choose Me station customers select a toy animal "skin" from a variety of colors and sizes. At the Hear Me station patrons can choose to have a sound microchip placed inside the stuffed animal. The next stop is the Stuff Me station where they decide on stuffing firmness or softness and use a foot pedal to operate a machine that the Master Bear Builder uses to stuff the plush animal. After choosing a small, heart-shaped, red satin pillow, customers are encouraged to rub and kiss the heart, make a wish, and then place it into the toy animal before the Master Bear Builder closes loosely embedded stitches. The stuffed animal can be fluffed and groomed under an air blower at the Huff Me station.…

    • 402 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Build-A-Bear workshop stores were first established in 1996 by Maxine Clark whose influence came from former CEO of May Department Stores who had stated, “Retailing is entertainment and the store is a stage - when customers are happy, they spend more money” ( Dess, c261). Build-A-Bear’s intentions were to differentiate themselves by giving people the feeling of bringing their teddy bear to life. You could give it a heart, a name, a wardrobe and many other personal touches. Build-A-Bear is about two things, “entertainment and customization” (c261). At the time of its introduction, following their differentiation strategy, there was not much competition for customized children’s toys. However, after the concept of customization…

    • 1110 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    New Heritage Doll

    • 1489 Words
    • 5 Pages

    Emily Harris is the Vice president of New Heritage Doll Company’s production division. In mid-September of 2010 she was trying to decide on project proposals for the company’s capital budget meeting in October. Of the proposals presented to her, two of them stood out based on their innovation and ability to strengthen the division’s product lines. The first project, Match My Doll Clothing Line Expansion (MMDC), would extend the warm weather products to an all-weather clothing line. The second project, Design your Own Doll (DYOD), would start with a website where customers would choose the doll’s features, color, etc. and then the dolls will be made to order. The firm could decline both of the proposals because of managerial and financial resource constraints. Other divisions in the company are also expected to promote projects of their own. Because of these factors Harris has to choose to promote one of her division’s projects over the other. The following questions will help Harris make the best decision for her division and help support her recommendation when communicating back with the divisions executives.…

    • 1489 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Beanie Babies Phenomenon

    • 3360 Words
    • 14 Pages

    Beanie Baby phenomenon has really opened a lot of eyes in the toys industry, especially, because this phenomenon was sustained in an industry that is known to be very turbulent based on the fact that, there are a lot of substitutes that come into the industry everyday, moreover, the excitement that these toys create, only can last for a short period of time as buyers in this market (usually children) tend to have an inconsistent buying behaviour and unpredictable majority of the time. This was not the case for Beanie Babies.…

    • 3360 Words
    • 14 Pages
    Powerful Essays
  • Better Essays

    “Nearly 25% of women have been victims of domestic violence at some point in their…

    • 1611 Words
    • 7 Pages
    Better Essays
  • Better Essays

    Hasbro Stakeholders

    • 1350 Words
    • 6 Pages

    As we began to look at a variety of social issues, we began to have lively debates on what was important and what wasn’t. The diverse views we took help us shape the complexity of Hasbro and the toy industry.…

    • 1350 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Mattel And Toy Safety Paper

    • 2300 Words
    • 10 Pages

    Mattel is an American based toy manufacture that was founded in 1945 by Harold "Matt" Matson and Elliot Handler. The company has been headquartered in El Segundo, California since it first opened. However, in 2007 the toy manufacture faced hard times when they had to do multiple recalls on their children's playthings due to unsafe parts and hazardous materials (such as lead paint) the company faced a stressful uphill climb to reassure their customers that not only where they a company worth trusting, but that they also provided safe toys for their children. Though out the course of this paper, using the case study, Mattel and Toy…

    • 2300 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    - Create and maintain successfully a strong brand to deliver the “soul” of the company’s toys to children and make them understand the core brand values rather than a single…

    • 549 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Planning for the future of Vermont Teddy Bear Co. Inc it is important that we consider conditions/trends in the internal environment of the company that may impact the future success of the company. These factors (conditions/trends) involve financial resources, human resources, the quality of products and services provided the efficiency of internal processes, student and stakeholder satisfaction, and the company culture. Specification of these factors will allow us to: 1) identify their potential impact on the market; 2) assess the probability that they will continue; 3) categorize them as strengths or challenges; 4) rank them in terms of how well the company is doing in each category.…

    • 1049 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    It is a family-run business which has been producing high-quality and expensive nostalgic wooden toys for over 50 years. The products, targeting at both children and parents, are distributed via up-market retailers and department stores. It strives to continually improve the quality of its existing products and does not focus greatly on developing new product. The business strategy of it is to sustain its competitive advantage by differentiating itself in terms of high product quality, superior customer services and unique product feature which is ‘nostalgic’ focus. Its challenges include how to maintain the high quality of products and services: how to source and retain the skilled labor, e.g. craftsmen, how to expand production capacity to…

    • 1719 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    2. Compare and contrast customer needs, wants and demands. Describe the need versus the want for the following products: Gatorade, Nike shoes, and iPod.…

    • 3253 Words
    • 14 Pages
    Good Essays
  • Good Essays

    1. Basic information 1) 2) Company: Fisher-Price Toys, Inc. (Industry: Child toys) Business dilemma: a rash marketing decision has to be made on carrying out whether a new quality product (product name: ATV Explorer) at exceptional high price or a new less-quality product at moderate price 2. Business dilemma 1) Key problem: (1) price-point: Cost for a projected toy can't be made within budget, resulting in a much higher price ($18.5) than planned. High price disobeys the traditional brand image of the Fisher-Price company –less-than-$5 convention. (2) 2) Marketing strategy: launch the ATV explorer whether as an independent product or as a new product in an existing product line, and corresponding advertising/promotion strategy Fisher-Price must decide quickly before August to catch the sale peak: (1) (2) 3. trade-off between product quality and price; Independence of the product…

    • 1041 Words
    • 5 Pages
    Good Essays