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Innovate or Be Overtaken
Competing in the toy industry requires facing established giants like Mattel and Hasbro, even when initial designs and marketing strategies lack the polish of industry leaders. The experience serves as a crucial lesson in recognizing the gap in branding and resource allocation but underscores the necessity of competition. Engaging with innovative markets, such as Japan, amplifies the importance of adapting and learning from global trends and advancements in toy design, reinforcing the idea that staying ahead in creativity and innovation is essential to thrive in the toy sector.