|
Retailer Spotlight: Playmatters "Strong Point of View" Brings Success to Four StoresA milestone birthday and a visit to the Nuremburg Toy Fair helped nudge Michael Ziegenhagen to launch Playmatters in Cleveland in the early 1990s, and he hasn’t looked back since. ![]() European Toys Inspire Cleveland Stores The toy business inspired Ziegenhagen when he visited the Nuremburg Toy Fair in February of 1992; he opened his first store by September. ![]() Ziegenhagen holds an MBA in business and, for about a decade, worked in consumer product marketing for companies such as American Greetings and Matrix Essentials. He said that American Greetings served as a good segue into toys, because he had worked with many licenses from the toy industry. This work gave him valuable insight into the toy business and consumer products that were sold to women. By 2002, Playmatters had grown to occupy four different locations in metropolitan Cleveland. One obstacle Ziegenhagen faced was balancing the different elements involved in a successful business. ![]() “It’s site selection, finding the right location, the right demographic, and matching it to the right product assortment and service factor,” he told TDmonthly. “I was right on the mark in opening the first location, but in the subsequent locations, I had to sort of fine-tune the staff and the assortment to match the marketplaces.” Ziegenhagen now wishes he had been a bit more aggressive and opened more stores sooner. “I think we could have been a multi-metropolitan area operation,” he said. “Probably a little bit of venture capital could have achieved that level during the 1990s.” ![]() “Big box works on really long lead times,” he said. “They don’t work on a hands-on experience with product or with customers.” This contrasts strongly with his own stores, he said, where “we’re very close to our customers, and we maintain innovation and leadership in our product assortment. Not only is that assortment always fresh and engaging, but we also have the salespeople who are able to handhold and excite customers as they come through the door.” Staying Independent One marketing lesson that Zieghenhagen has learned is the importance of having a very strong point of view, rather than blending into the woodwork and looking like everybody else. “I think we’ve always conveyed a very strong point of view to our customers, and we’ve never strayed from our message of award-winning toys that teach, challenge and inspire.” To see Ziegenhagen’s best-selling toys, please click here.
![]() |
|