toyportfolio.com on TODAY SHOW tomorrow

So I’m getting ready for tomorrow’s segment on hot trends in toyland. It may be outside which always gives the segment a different feel than being inside with kids playing on the cozy rug.

One of the biggest trends we’ve been watching all year — prices of toys going up 10-15%. Most manufacturers point to the multi-layered safety testing they’re required to do (very expensive) and just the general increase in production costs (largely due to fuel prices) as the main sources of the price hikes.

The good news – always looking for that silver lining…is that with the economy so weak and with inventories that have to be moved–you’ll find toy prices slashed.

Hot Toys- not this year

Perhaps one of the upsides to our collective focus on toy safety this year–the absence of a hot toy. With the news cycles focusing on the latest recalls, there really hasn’t been room for soft and fuzzier stories about the hot toy. As much as Elmo tried, he couldn’t giggle his way to center stage this season.

While we often have some hot toys on our list, most know that featuring the heavily promoted toy of the season isn’t our function. The reality is that a hot toy is not necessarily a great toy and certainly not a toy for everyone. A few years ago when Furby took off (in large part to a pre-market article in Wired Magazine) we were struck by the number of people trying to hunt Furby down for their kids–even though Furby’s gremlin like character would be frightening to most younger kids. Even though no child had played with the Furby when the article put the creature on the map. Quickly we learned that “hot” often has more to do with adult collectors on Ebay than a truly kid-driven craze. It can happen (Beanie babies, Cabbage Patch, the original Tickle Me Elmo!)– but they are few and far between (as most toy makers will tell you).

Now we’re left to wonder as we look around our homes—not whether we have the hot toy–but whether we have safe toys.