Is this company the modern equivalent of the weavers who produced the Emperor's New Clothes?
Now don't get me wrong - I LOVED Lego as a kid and even now with the kids it's the thing I will get most involved with.
But my goodness, how EXPENSIVE can a piece of plastic be?!?!
They must have the highest Gross Margins EVER based on what it costs to manufacture a piece of plastic and the prices charged. It's not as though things have evolved that much since I was a kid (30 years ago) - it's still a few plastic bricks - yet the prices are astronomical. £350 for a Stars Wars Imperial Star Destroyer (just a lump of bricks), £280 for a Death Star, £179 for a cr*ppy Ewoks village. It's amazing. Even a rubbish little Batman set was £20 which appears to be the entry price now.
With a virtual monopoly on the market it's not as though there's even much competition to worry about. And with every new fad there's a Lego version to go with it for the cost of a licensing fee. As a company I am envious of the genius behind it. As a parent I fear I am in for an expensive Christmas with not much to show for it!
Now don't get me wrong - I LOVED Lego as a kid and even now with the kids it's the thing I will get most involved with.
But my goodness, how EXPENSIVE can a piece of plastic be?!?!
They must have the highest Gross Margins EVER based on what it costs to manufacture a piece of plastic and the prices charged. It's not as though things have evolved that much since I was a kid (30 years ago) - it's still a few plastic bricks - yet the prices are astronomical. £350 for a Stars Wars Imperial Star Destroyer (just a lump of bricks), £280 for a Death Star, £179 for a cr*ppy Ewoks village. It's amazing. Even a rubbish little Batman set was £20 which appears to be the entry price now.
With a virtual monopoly on the market it's not as though there's even much competition to worry about. And with every new fad there's a Lego version to go with it for the cost of a licensing fee. As a company I am envious of the genius behind it. As a parent I fear I am in for an expensive Christmas with not much to show for it!