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1.  Spot the next trend(s) as early as possible

  • Discover new, under-the-radar products when they first appear on kids' wishlists:  Fidget spinners, Hoverboards, Loom bands, Mystery packs, 3D printers, AI, VR, STEAM, Robotics, Movie licenses, Reborn classics.

 

2.  Adjust media spending proactively

  • Monitor whether your creative and media are working prior to actual sales by comparing what is on kids' wishlists with ad spending. Increase or decrease advertising accordingly.

  • Test if your ad strategy is working by comparing this study's tracking measurement of aided product awareness with changes in media spending. 

3.  Minimize excessive markdowns

  • It is better to price a weak what-should-have-been $199 item at $169 in December than to sell it for $109 in February.

4.  Create ad claims for items that rank high on kids' wishlists

  • The results of The Kringle Reportare a great way to let parents, grandparents, and friends know that kids want your brand or product as a gift for the next special occasion.

5.  Gauge the future of licensed properties

  • Target the right licensed properties by learning how frequently kids want those properties in toys or games.

  • Monitor the extent that the life of the license extends beyond the life of the entertainment window.

6.  Act on competition before sales even occur

  • Get a jump on what retailers and POS information are going to tell you.

  • Learn about categories that you do not normally monitor.

7.  Hibernate in winter without fear of missing out

  • Kids are notoriously fickle. Tastes change quickly. While not a solution to all unknowns in the industry, The Kringle Report provides a unique and exciting way to stay informed.

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7 BENEFITS OF THIS STUDY

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