Is it the best PR trick, or is LEGO® really a smart investment? 🤔 Ever notice how some friends start hoarding LEGO® sets as soon as the leaves start falling 🍂 , convinced they'll make a fortune 🤑 flipping them just before the holidays. Or the ones stockpiling the super exclusive sets in their closet, hoping they’ll be worth a mint someday. It’s like a retirement plan built on tiny bricks and a whole lot of wishful thinking! 🤓 For years, LEGO has captured the imaginations of both children and adults, becoming much more than just a toy. It’s creative, nostalgic, and even collectible – which is why so many have started seeing it as a potential investment opportunity. Why are people buying in? Here’s the draw: Nostalgia and Emotional Appeal 🎠 – Collecting a piece of childhood feels priceless, making the experience rewarding and fun. Rarity & Scarcity 💎 – Sets like the Café Corner became limited by availability over time, fueling the thrill of the hunt for rare pieces. Community Love 👥 – LEGO has an incredibly strong and supportive fan base. From online forums to conventions, fans build connections over their collections. Potential Growth 📈 – Stories of LEGO sets outperforming stocks or gold have made headlines. While LEGO investing has an undeniable charm, it’s crucial to look beyond the hype. Unlike traditional assets, LEGO lacks liquidity, carries high transaction and storage costs, has high Buy-In, Low ROI and doesn’t always appreciate reliably. Market value can be highly volatile and is strongly influenced by trends that may not last. So, while collecting LEGO can be incredibly fun and personally satisfying, relying on it as a serious financial investment might be building dreams on wobbly bricks. 📉 #InvestmentRisks #LEGOInvestment #CollectiblesMarket #InvestmentStrategy
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𝗛𝗼𝘄 𝗟𝗘𝗚𝗢 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗲𝗱 𝗙𝗮𝗻 𝗜𝗱𝗲𝗮𝘀 𝗶𝗻𝘁𝗼 𝗦𝘂𝗰𝗰𝗲𝘀𝘀 🧱🌟 Ever wondered how some of LEGO’s coolest sets come to life? It’s all thanks to 𝗟𝗘𝗚𝗢 𝗜𝗱𝗲𝗮𝘀—a special place where fans like you can turn your LEGO dreams into reality! How It Works: 𝗦𝘂𝗯𝗺𝗶𝘁 𝗬𝗼𝘂𝗿 𝗜𝗱𝗲𝗮 💡📝 Got a unique LEGO design in mind? Share it on 𝗟𝗘𝗚𝗢 𝗜𝗱𝗲𝗮𝘀! Whether it's inspired by your favorite movie or something completely new, your creativity has no limits. 𝗚𝗲𝘁 𝗖𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝘆 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 🙌💬 Once your idea is up, you need to rally 10,000 supporters to get it noticed. The LEGO Ideas community helps pick the ideas that people are excited about and want to see on shelves. 𝗟𝗘𝗚𝗢’𝘀 𝗥𝗲𝘃𝗶𝗲𝘄 𝗣𝗿𝗼𝗰𝗲𝘀𝘀 🔍🏗️ When your idea hits the magic number of 10,000 supporters, 𝗟𝗘𝗚𝗢’𝘀 𝘁𝗲𝗮𝗺 𝘁𝗮𝗸𝗲𝘀 𝗮 𝗰𝗹𝗼𝘀𝗲𝗿 𝗹𝗼𝗼𝗸. They check if your idea is doable, if people will love it, and if it fits with LEGO’s brand. 𝗦𝗲𝗲 𝗬𝗼𝘂𝗿 𝗜𝗱𝗲𝗮 𝗕𝗲𝗰𝗼𝗺𝗲 𝗮 𝗥𝗲𝗮𝗹𝗶𝘁𝘆 🌟🎉 If LEGO loves your idea, 𝗶𝘁 𝗯𝗲𝗰𝗼𝗺𝗲𝘀 𝗮 𝗿𝗲𝗮𝗹 𝘀𝗲𝘁 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗯𝘂𝘆 𝗶𝗻 𝘀𝘁𝗼𝗿𝗲𝘀! Plus, you get credit as the creator and earn a cut of the sales. How LEGO Ideas Helps 𝗟𝗘𝗚𝗢 𝗚𝗿𝗼𝘄: 𝗕𝗼𝗼𝘀𝘁𝘀 𝗕𝗿𝗮𝗻𝗱 𝗘𝗻𝗴𝗮𝗴𝗲𝗺𝗲𝗻𝘁: Involving fans in the creation process makes them feel more connected to LEGO. This 𝗯𝘂𝗶𝗹𝗱𝘀 𝗹𝗼𝘆𝗮𝗹𝘁𝘆 𝗮𝗻𝗱 𝗲𝘅𝗰𝗶𝘁𝗲𝗺𝗲𝗻𝘁 𝗮𝗿𝗼𝘂𝗻𝗱 𝘁𝗵𝗲 𝗯𝗿𝗮𝗻𝗱. 𝗗𝗿𝗶𝘃𝗲𝘀 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻: Fan ideas bring fresh, new concepts to LEGO. This 𝗸𝗲𝗲𝗽𝘀 𝘁𝗵𝗲𝗶𝗿 𝗽𝗿𝗼𝗱𝘂𝗰𝘁 𝗹𝗶𝗻𝗲 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝗶𝗻𝗴 𝗮𝗻𝗱 𝗲𝘅𝗰𝗶𝘁𝗶𝗻𝗴. 𝗚𝗲𝗻𝗲𝗿𝗮𝘁𝗲𝘀 𝗕𝘂𝘇𝘇 𝗮𝗻𝗱 𝗦𝗮𝗹𝗲𝘀: New LEGO Ideas sets often create a lot of buzz, leading to 𝘀𝘁𝗿𝗼𝗻𝗴 𝘀𝗮𝗹𝗲𝘀 𝗮𝗻𝗱 𝗺𝗼𝗿𝗲 𝘃𝗶𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝘆 for LEGO. 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝘀 𝗕𝗿𝗮𝗻𝗱 𝗥𝗲𝗽𝘂𝘁𝗮𝘁𝗶𝗼𝗻: By valuing fan input, LEGO shows it’s dedicated to 𝗰𝗿𝗲𝗮𝘁𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝗰𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻, which boosts its reputation as a brand that listens and cares. The LEGO Ideas community shows how powerful fan creativity can be. It not only helps LEGO come up with amazing new sets but also strengthens the bond between the brand and its fans. #LEGOIdeas #FanCreativity #CommunityMagic #CommunityBuilding
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Talk about bricking it 💩 - #LEGO’s story isn’t just a tale of ups and downs; it's a masterclass in turning near-disaster into a block-buster success. From almost losing their pieces in the early 2000s to snapping back together stronger than ever, LEGO's journey is a testament to the power of creativity and resilience as with dig into an other 'Rise-Fall-Rise, Again' Here is a snapshot into LEGO's Remarkable Journey: From Brink of #Bankruptcy to Global Phenomenon 🌟 🚀 The Rise: For decades, LEGO delighted children and adults alike with its simple, yet endlessly creative building blocks, fostering imagination across generations. 📉 The Fall: By the early 2000s, LEGO faced near bankruptcy. The brand struggled under the weight of rapid expansion and a shift toward electronic toys and video games that left traditional physical toys, like LEGO bricks, out of favor. The company's ventures into theme parks and electronic toys were not enough to stave off mounting losses. 🌈 The Rise Again: Refusing to crumble, LEGO reimagined its business model. They streamlined operations, slashed costs, and, most importantly, embraced branding partnerships with blockbuster franchises like Star Wars and Harry Potter. LEGO also expanded into video games, movies, and digital platforms, reconnecting with its audience in innovative ways that bridged the digital and physical play divide. 🤓 Moral of the Story: LEGO’s comeback teaches us that no setback is permanent with creativity and adaptability. By returning to its core values while also embracing change, LEGO rebuilt itself into a more resilient and beloved brand than ever before. So next time you face a challenge, just remember: even the most complex build starts with a single brick. Keep stacking, stay creative, and you might just build something phenomenal. - - #BusinessTransformation #Creativity #LEGO #BrandResilience #Innovation
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#LEGO is a household name that in the minds' of many is the epitome of incessant innovation and exceptional success. Over the years the company has built a system beyond the core of varied brick lines (product) into an adjacent offering of videos games, theme parks, education and a wide variety of ancillary products that bring fun, knowledge and inspiration to its core customers - kids aged five to nine Despite its massive success, Lego had its own fair share of failure and even crisis of survival in late 1990s - when it had aimed for goals too big and too fast by diversifying UNPROFITABLY into too many businesses. This is not uncommon for a company that reaches a point where systems and processes are a necessity for the next stage yet absent after the company had enjoyed exceptional growth in its nascent stage. The company was in deep red and could go bankrupt any time soon. External brains were brought in to turn it around... Cost reduction measures were taken to cut the businesses that were bleeding and drained too much of its cash like LEGOLAND theme parks. Half of the portfolio was dropped. The company was brought back to its basic core of "the brick and LEGO system" for kids aged five to nine from any product for kids of any age. A targe of 13.5% return on sales was defined for any new product lines instead of innovation at any price. New product development process was streamlined, standardized across all business units to reduce time to market and institutionalized in quarterly stage-gate reviews Once the management successfully navigated the company through survival, it started to pursue the next stage of revitalization. On the foundation of its classic product lines such as LEGO city and LEGO star wars, it expanded into "never seen before" play experiences like LEGO games. In parallel the company opened its innovation to users by co-creating customized products and games with its fans worldwide. No new product lines were brought to market without engaging and seeking the feedback of kids during the concept and development stage. Its sales surged at 24% per year from 2007 through 2011 while its competition Mattel and Hasbro did 1% and 3% respectively The journey Lego has been through is shared or will be shared by most companies that have grown or will grow into a global one. Some like Lego, succeeded into survival and thriving at a later stage, others became history... I am sure they all have a lot to learn from the lessons of Lego regardless... David Robertson Bill Breen Bill Breen
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Ever wondered why LEGO continues to captivate both kids and adults worldwide? 🤔 Their secret sauce isn’t just in the iconic bricks but in their relentless innovation and commitment to creativity. Here’s what we can learn from their incredible journey: 1. Innovation 🚀: From classic building sets to interactive play with LEGO Mindstorms and LEGO Boost, they constantly evolve to stay relevant. 2. Community Engagement 🌐: LEGO Ideas platform allows fans to submit and vote on new designs, making the community feel integral to the brand’s success. 3. Storytelling 📖: Through movies, video games, and themed sets, LEGO tells stories that resonate and create an emotional connection. 4. Sustainability 🌱: Committed to reducing their environmental impact, LEGO aims to produce all core products from sustainable materials by 2030. 5. Partnerships 🤝: Collaborations with top franchises like Star Wars, Harry Potter, and Marvel keep their products fresh and exciting. My Idea for LEGO: Imagine an augmented reality (AR) app that brings LEGO creations to life! 📲 Kids could see their builds interact with a digital world, combining physical and digital play in an unprecedented way. Tagging the LEGO Group in hopes that they find this concept as exciting as I do! Let’s keep pushing the boundaries of creativity and play! 🌟 #LEGO #Innovation #Marketing #CreativeIdeas #CommunityEngagement #Sustainability #Storytelling #MarketingSpecialist #DigitalMarketing #BrandSuccess #AugmentedReality #LEGOIdeas
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Successful companies grow their influence. Now, let's break down how LEGO achieved this in their ad... It plays on a familiar branding theme: the bricks transforming into something new. Of course, this ties into LEGO's purpose: to spark imagination and creativity through play. But did you catch a small detail? The space suit is too big for the child. It’s an adult’s suit. LEGO isn’t just selling their product or their purpose. They’re showing the impact of their purpose on you. Through play and imagination, you're building your future. That child can grow up to become the astronaut he once dreamed of being. After seeing this, who wouldn’t want to inspire their kids with the limitless possibilities of LEGO? #Branding #DesignThinking #MarketingTips
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Lego's Red Brick theory is often categorised as an approach to creativity. I think this isn't actually the whole story. Yes, the whole concept behind the simple red brick being the catalyst for creativity, out of it anything can be built, but if you were to dive deeper into the history and development of Lego you'd find it stands for a much more core value. I'm going to give you a much truncated version of Lego's business history. The long and short is after initial massive success, revenues started to plateau and even fall and Lego started to look at ways in which it could diversify it's product offerings. Through countless partnerships and 'innovations,' Lego found itself staring down the barrel. The diversification of products and partnerships had caused Lego to lose sight of it's initial mission, vision and goal. So, what did it do? Well, it went back to its core business offering; the Red Brick. By focusing on the core customers (children) what they like and what they like to do (play, learn and be creative), Lego was able to re-establish not only it's reputation but its revenue. The key lesson here? Always focus on what your audience wants and double down on what you're good at. (For a more detailed version, check out this article: https://lnkd.in/dX47P7q6) I have my buyer persona templates filled in and accessible to everyone one my team as it allows me to refer back to who these people are and what they really want and need from me. In this way I can make sure I'm always staying on course. #Lego #Marketing #Strategy #Creativity #Innovation #Product
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How can a brand appeal to anyone and everyone? Fortune recently interviewed Frédérique Tutt, our global industry advisor for toys, about LEGO’s enduring appeal across all age groups. This includes LEGO’s growing community of older fans known as AFOL (Adult Fans of LEGO) who represent a sizeable growth opportunity for the toy market. 🥇 Quality control: For the 92-year old brand, the focus on quality and detail remains core to its values as building sets pass from generation to generation. 💡 Innovation: Tapping into our passion points, LEGO has a set for everyone, whether that’s superheroes, animals or art. ❤️ Fandom: Delighting fans of all ages, LEGO connects with them on a different level to any other brand. https://lnkd.in/eDezmctq #ToyMarket #Kidults #MarketTrends #LEGO
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Lego's Journey: From Collapse to Transformation: In the early 2000s, Lego faced a major crisis. Despite its iconic status, the company struggled with declining sales and rising debt. Here’s how it went from the brink of collapse to a thriving brand! 🌟 The Collapse: 🔹 Over-Diversification: Lego expanded into theme parks, clothing, and video games, diluting its core identity and confusing consumers. ❌ 🔹 Declining Relevance: With the rise of digital entertainment, traditional toys lost appeal, and Lego's marketing struggled to engage kids. 📉 🔹 Financial Woes: Poor strategic decisions led to significant losses and mounting debts. 💸 The Transformation: 🔹 Refocusing on Bricks: New CEO Jørgen Vig Knudstorp refocused the company on its core product—Lego bricks—reviving its identity. 🧱 🔹 Innovative Collaborations: Partnerships with franchises like Star Wars and Harry Potter attracted new fans and boosted sales. 🚀 🔹 Digital Engagement: Lego embraced digital platforms with video games and community initiatives, connecting with a tech-savvy generation. 🎮
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🚀 The the LEGO Group Journey: From Patent to Global Success 🧱 LEGO’s story is one of resilience and innovation. Starting as a small Danish company in 1932, LEGO transformed into the world’s largest toy manufacturer, overcoming near bankruptcy through strategic reinvention. Key Milestones: 🧱 1958 – LEGO filed its first patent for the iconic interlocking brick design. This breakthrough set the stage for the brand’s enduring success. 💡 1998 – Financial troubles hit, pushing LEGO close to bankruptcy due to over-expansion and product misalignment. 🚨 Early 2000s – LEGO refocused on its core product, formed key partnerships (Star Wars, Harry Potter), and launched digital ventures like LEGO Mindstorms. 🎬 2014 – The LEGO Movie brought the brand back into cultural relevance, reinforcing its global appeal. 🏆 Today – LEGO is the world’s largest toy company, a symbol of creativity and innovation. 📈 The Comeback Strategy 📈 LEGO’s revival is a lesson in focus and innovation. They trimmed down their product range, returned to their core product—the beloved brick—and re-engaged with their customer community through platforms like LEGO Ideas, allowing fans to submit ideas for new sets. Today, LEGO is a brand that represents imagination, creativity, and resilience—proving that even the most iconic brands can innovate their way out of crisis. #LEGO #BusinessTurnaround #Creativity #Innovation
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Unlock imagination’s magic, one block at a time. Discover how LEGO builds more than toys. What makes Lego brilliant? It’s not just plastic bricks—it’s the endless possibilities they create. Lego taps into imagination, creativity, and joy. It’s not just a toy; it’s an invitation to build, dream, and connect. Swipe through the carousel to see how LEGO: 1️⃣ Builds more than toys—it builds connections ↳ Lego isn’t just about creating things. ↳ It brings people together—friends, families, and even generations. ↳ Each block connects not only creations but hearts. 2️⃣ Transforms simplicity into brilliance ↳ It all starts with a few simple blocks. ↳ From there, the possibilities are endless. ↳ Lego turns basic pieces into brilliant worlds. 3️⃣ Inspires kids to turn dreams into reality ↳ Lego empowers kids to dream big. ↳ If they can imagine it, they can build it. ↳ Every creation teaches them that no dream is too big. Lego’s magic lies in its ability to turn imagination into reality. From simple blocks to endless possibilities, it’s more than a toy—it’s a tool for building connections, creativity, and dreams. What’s your favorite Lego memory? Drop it in the comments below! ⬇️ ♻️Share this post with someone who needs a spark of creativity. Follow Tom Wanek for more insights on using creativity to build unforgettable brands.
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