IMO LEGO thrives thanks to their relentless focus on product quality. The phrase "det bedste ir ikke for godt" (roughly "only the best is good enough") has a long history in the company. The fact that they have been able to thrive like this in a market with many competitors cloning their product is a a testament to their product quality and related brand strength. If you've used and compared the various brands in thi…
> IMO LEGO thrives thanks to their relentless focus on product quality. I'm sure that doesn't hurt, but these days LEGO thrives because of their relentless promotional brand tie-ins. It's not just LEGO anymore. It's LEGO Star Wars, LEGO Batman, LEGO Harry Potter, LEGO Disney's Frozen, LEGO Toy Story 4, and so on.
E.g. there are vastly more "Friends" kits, the Lego house brand targeted at girls, than Disney princesses.
Ninjago has become a perennial answer to the sword fighting action that Star Wars only delivers intermittently.
Lego's new "Hidden Side" brand seems clearly targeted at being a Lego-owned alternative to Harry Potter with alternative schools, trains, buses, etc.
I also get the sense that the 3rd party licenses are actually more focused towards the "Adult Fan of Lego/AFOL" community, e.g. the $200 Stranger Things kit, the $399 Disney Castle, and the $799 Millenium Falcon seem priced well above even what generous parents will spend on birthday/holiday gifts.
It would be interesting to see the sales breakdown between in-house and licensed brands and how it's shifting over time.