(10th-Jan-26, 04:17 PM)woodcote Wrote: With all due respect…
- Phoenix have got some of the UK’s best-known businessmen involved.
- Hornby have developed a cutting edge new digital system in HM7000.
- HM7000 was released in 2023, less than three years ago.
- Hornby marketing is pretty good in the UK - it pops up on all the socials and I have seen ads on commuter trains and on the London Underground as well as in magazines and newspapers.
- Hornby products dominate UK hobby stores. The starter sets (Hornby, Scalextric, Airfix) are everywhere - in toy shops, supermarkets and online, including very prominently on Amazon, the biggest UK marketplace.
Scalextric is a small part of the Hornby portfolio. Australia is a relatively small marketplace for them. Of course, distribution in Australia is handled by the local distributor, not the parent company.
The traditional mass-market toy industry is struggling - that’s the headline I see everywhere. The sector’s biggest market (by far) is the USA. Trump’s tariffs have pushed some toy and hobby companies over the edge, but all have been damaged, even those who don’t manufacture in the Far East.
Some of that is mentioned in the video.
All good.
Not sure why you singled out trains and Australia. I’m talking mainly slot cars (yes Hornby sells more trains) and worldwide sales.
Closing the US warehouse. Wow.
Marketing in the UK is expected but I’ve never seen any for years on the internet globally that I can remember.
Good businessman make it happen not make excuses. Carrera have simply taken up whatever market they have developed plus all the void left by Margate. In Australia Scalextric is simply too hard to come by, you hardly see it here now. It’s all Carrera. Now to be fair to Carrera they have earned it with global success. This proves 1, it can be done and 2, the market is still there.
So why is one company succeeding and the other failing? For all the reasons I mentioned.
Just googled HM7000. Nothing cutting edge that I can see except a seen a train decoder with sound for $140. That should be $80 maybe $90 maximum. Get my drift?
My comment was regarding slot cars. Zero development has been invested into digital slot cars in the last decade at Margate. That’s a major concern. It’s not that expensive trust me.
In regard to slot cars being only a small proportion it doesn’t have to be that way. And regardless it’s the same management with same issues.
Any other truths may look like bashing so I’ll leave it there but Phoenix is proven not to be effective.
I wish Hornby all the best but with 1% cash instead of 20% I think it’s only a matter of time sadly.
Rick
Scorpius Wireless
Not a competitor or threat to Hornby