Taking the Anxt Out of Xmas; Toys R Us Offers “Hot Toy Reservations”

If you work in the toy business you have certainly had the tiresome experience of people endlessly asking you: "What are the hot toys this year?" Why are they so interested? Some of it probably just an attempt to make conversation but much of it derives from the anxiety of making sure their child or grandchild gets the toys they want.

This tendency creates a great deal of anxiety. Apparently, there is nothing more frightening to a parent than their child feeling disappointed at Chanukah or Christmas.

Toys R Us intends to do something for all of those parents through its just announced "Hot Toy Reservations" program. Here is how the Christian Science Monitor describes the process in its article,

"Hot Toy Reservations: Toys R Us starts holiday shopping early. "Once Toy R Us reveals its Hot Toy List, shoppers have until Oct. 31 to go to a location in person - to deter scammers - and, along with a 20 percent down payment, reserve any potentially coveted toy early, to be picked up during the holiday season in late November and December."
It's actually a brilliant idea. Here are three reasons why:
Toys R Us gets a head start on the competition by getting consumers to sign up early for the toys they fear they won't find if they wait.
Toys R Us gets to synergize the impact of its annual Hot Toy list by not only making it the marker for what is hot and what is not but motivating its shoppers to pay full price. And that takes us to number three:
Those who buy early arepaying full price. That's good for Toys R Us and I think it's good for those consumers as some will find it to be well worth the extra cost to take some of the anxiety out of Christmas shopping.
Will Toys R Us's competition follow suit? Stay tuned.