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The Toy Book - 2016 NY TOY FAIR EDITION

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Talkin'<br />

<strong>Toy</strong>s<br />

NEW YEAR, NEW NAME:<br />

PATCH BECOMES PLAYMONSTER<br />

<strong>The</strong> <strong>Toy</strong> <strong>Book</strong> catches up with Bob Wann, CEO of PlayMonster<br />

Patch Products is now PlayMonster! What’s<br />

the story behind the new name?<br />

<strong>The</strong> name was changed to PlayMonster to<br />

better represent the diversity and quality of<br />

the company’s product line, which is a reflection<br />

of our mission and values. We started the<br />

process several months ago with motivation<br />

to simply update and evolve our logo, but<br />

as we researched and examined the changing<br />

marketplace, we saw an opportunity to<br />

create a playful new brand name that better<br />

expresses our belief in the power of play and<br />

that play is not only about fun, but also about<br />

making a difference in people’s lives.<br />

<strong>The</strong> new name also better reflects that we<br />

are champions of play, a belief and attitude<br />

shared by all of our employees—from the<br />

management team to sales people<br />

to product creators.<br />

How has PlayMonster evolved<br />

over the past 30 years?<br />

PlayMonster was founded as Patch Products<br />

in 1985 and named for co-founders and<br />

brothers Fran and Bryce Patch. <strong>The</strong> company<br />

started more than 30 years ago with children’s<br />

puzzles, but has since grown into one of the<br />

world’s leading manufacturers and marketers<br />

of award-winning games and toys that enrich<br />

the lives of the young and the young at heart.<br />

<strong>The</strong> company has grown tremendously over<br />

the past five years alone, because we’ve<br />

expanded from being a games-only company<br />

into a multi-category toy and game company<br />

developing play for all ages, with our infant<br />

toy line Mirari, all the way to our best-selling<br />

games such as <strong>The</strong> Game of THINGS… for<br />

adults. With this variety of products, we’re<br />

now shipping millions of units of toy and<br />

game products per year, three times as many<br />

as we did five years ago. We wholeheartedly<br />

believe in bringing high-quality play to<br />

people of all ages, and will continue to do so<br />

under the PlayMonster name.<br />

PlayMonster has experienced rapid growth<br />

over the past few years, and is now a top<br />

30 toy company. To what do you attribute<br />

this growth, and how do you plan to maintain<br />

it?<br />

We’ve continued to be picky about the<br />

games we create and take under our brand.<br />

We only want to produce quality products<br />

that have timeless play, not a toy or game<br />

that’s frivolous, or some short-term fad that<br />

will not have long-term appeal. A good<br />

example of this is our popular party game 5<br />

Second Rule. We first started working on it<br />

seven years ago, and today it’s even more<br />

popular than it was when it first launched. It is<br />

still a top seller because of the fun interaction<br />

it creates. Ellen DeGeneres enjoys it so much<br />

that she frequently plays the game on her<br />

show, and the interaction between her and<br />

her guests is hilarious. In the same way we’re<br />

picky about specific ideas, we’re also careful<br />

in the acquisitions we make. We look for<br />

long-lasting play value, often with a point of<br />

continued on page 246<br />

118 THE <strong>TOY</strong> BOOK | FEBRUARY <strong>2016</strong> | <strong>TOY</strong>BOOK.COM

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