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Lego is now the worlds strongest brand.

Lego has overtaken Ferrari in a report on brand strength compiled by Brand Finance to become the strongest brand in the world.

http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/11416671/How-Legos-bricks-have-built-a-stronger-brand-than-Ferraris-cars.html

Comments

  • TarDomoTarDomo FinlandMember Posts: 515
    Finally!
    Andor
  • CCCCCC UKMember Posts: 17,297
    As I noted on the front page article, I wonder how many peoples affinity to the brand LEGO is actually an affinity to all similar brick building toys, not just lego, but they cannot actually tell the difference between lego and the clones.

    > Lego’s underlying strength is that it appeals to both sexes, and all ages.

    It wasn't that long ago that people were complaining that (i) regular lego sets don't cater for girls, and (ii) "girls" lego sets (that is, Friends) are sexist stereotypes.

  • TarDomoTarDomo FinlandMember Posts: 515
    ^That´s a good point. Anyway clone brands are quite a small business at the moment compared to lego, luckily.
    cheshirecat
  • JumpinbeansJumpinbeans Member Posts: 70
    With everything these days being digital/streamed/online etc. I think Legos biggest appeal to me at least is that you get to be creative, using your hands, not looking at a screen and can have the opportunity to make anything you wish. Also you never get judged.....its just fun.

    ....now back to my 3rd build for the day. Daughters birthday today and have just built the Lego Frozen, Garmatron and now to start the Battle for Ninjago City.

    (note...didnt see the post on the front page so apologies for the duplication)
  • CapnRex101CapnRex101 United KingdomAdministrator Posts: 2,261
    I tend not to take this kind if news very seriously. Defining what makes a brand 'strong' is not easy. In terms of branding I don't believe that as many people worldwide would be aware of LEGO as of Ferrari or Apple.

    However, I am always glad to see the company doing well, so good for TLC!
    Andor
  • legomattlegomatt Member Posts: 2,541
    I thought it was Loctite ;o)
  • MissKittyFantasticoMissKittyFantastico AustraliaMember Posts: 196
    Mildly interested in the article, but spent a good five minutes just looking at the minifigure stock photo picking which ones I've got at home :smile:
    legomatt
  • plasmodiumplasmodium UKMember Posts: 1,936

    Mildly interested in the article, but spent a good five minutes just looking at the minifigure stock photo picking which ones I've got at home :smile:

    Went and looked at the picture again after you said that - first minifig I saw was the Island Xtreme Brickster. I had one when I was younger, but a kid at school stole him...happy days. :-P
  • cheshirecatcheshirecat Member Posts: 5,332
    edited February 2015

    I tend not to take this kind if news very seriously. Defining what makes a brand 'strong' is not easy. In terms of branding I don't believe that as many people worldwide would be aware of LEGO as of Ferrari or Apple.

    However, I am always glad to see the company doing well, so good for TLC!

    I believe its not brand awareness that counts in this study. So while lots of people are aware of apple, a good chunk consider them to be a big pile of steaming turd, which makes the brand less strong even though they're so big and make so much profit. By contrast I doubt many people see LEGO as a bad brand, other than those die hard mega bloks and kreo fans.
  • MAGNINOMINISUMBRAMAGNINOMINISUMBRA Member Posts: 975
    " those die hard mega bloks and kreo fans." Removing C.O.D. fan boys from that equation...does such a fan exist?
  • CCCCCC UKMember Posts: 17,297
    There are a number of building block fans (mainly kids though) that don't care about the brand. When my kids play at friends' houses, they often have a bucket of Lego, which is really Lego, mb, cobi, knock-off Chinese figures, etc.
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