Submit your Mattel Toy invention Idea to Genius Crowds

by Tara

mattel genius crowds invention competition

CJ Kettler from Genius Crowds, who I previously interviewed on this blog asked if I would spread the word about the fact that Genius Crowds are working with Mattel to crowdsource new product ideas.

What is crowdsourcing? – think of it like an invention competition, but where more than one person can influence the winning product idea by voting for it or making suggestions. Be aware that anything you disclose publicly, may mean you cannot protect that idea legally – so don’t put forward any idea you have been working on for years and intend to pursue through other avenues and check all terms and conditions before you submit. It is however a way your idea could get to market at no cost to you.

Press release:

Mattel, Inc., (NASDAQ:MAT) the worldwide leader in toys and family products, has announced an Open Innovation initiative with Genius Crowds® to develop crowd-sourced product ideas for their venerable brands of Hot Wheels® and Barbie®  bicycles for young children. Genius Crowds (geniuscrowds.com) is a platform for opensourced product development, facilitating the development and ideation phase online, and securing production relationships with leading marketers.

In a move towards open innovation and collaboration with their consumers, Mattel is looking for innovative ideas for their Barbie® and HotWheels® branded bicycles for children aged 4-6 years old. Mattel is among the first manufacturers to welcome product ideas with this next generation crowd sourcing platform, designed to enable marketers and manufacturers to co-create products with their consumers.

Find out more here: https://www.geniuscrowds.com/topics

Genius Crowds is a platform for consumers to get their product ideas out of their heads and onto the shelves. The company partners with notable manufacturers, marketers and retailers to bring good ideas for new products to market, reducing the cost of R&D for marketers while cultivating deeper bonds with customers.

“We are thrilled to partner with Mattel on their Open Innovation efforts,” said CJ Kettler, CEO of Genius Crowds. “Mattel recognizes the value of crowd sourcing and is committed to maintaining an open dialogue with consumers about their insights and product needs through this kind of idea exchange. “

Mattel Vice President of Innovation Programs & Inventor Relations, Elisabeth Krisel, stated: “Mattel is very excited to be working with Genius Crowds for crowdsourcing new product ideas. We believe strongly in open innovation and are thrilled to be on the cutting edge of new product development processes including crowdsourcing that enable us to listen to, and meet the needs of kids and their parents.”

About Genius Crowds:

Genius Crowds (geniuscrowds.com) is a platform for everyday people to get new product ideas out of their heads and onto the shelves.  A robust community of active, creative consumers submit new product ideas that are voted as crowd favorites by their peers through crowdsourcing. All submissions are reviewed and selected by professional panelists to bring the winning products to retail and consumers may share in the proceeds or win a prize. Genius Crowds is powered by the Chaordix® Crowd Intelligence™ technology platform.

About Mattel:

Mattel, Inc. (NASDAQ: MAT) is the worldwide leader in the design, manufacture and marketing of toys and family products. The Mattel family is comprised of such best-selling brands as Barbie®, the most popular fashion doll ever introduced, Hot Wheels®, Matchbox®, American Girl®, Radica® and Tyco R/C®, as well as Fisher-Price® brands, including Thomas & Friends®, Little People®, Power Wheels® and a wide array of entertainment-inspired toy lines. In 2012, Mattel was named as one of FORTUNE Magazine’s ”100 Best Companies to Work For” for the fifth year in a row. Mattel also is ranked among Corporate Responsibility Magazine’s ”100 Best Corporate Citizens.” With worldwide headquarters in El Segundo, California, Mattel employs approximately 28,000 people in 43 countries and territories and sells products in more than 150 nations. At Mattel, we are Creating the Future of Play. Visit us at www.mattel.comwww.facebook.com/mattel or www.twitter.com/mattel.
©2012 Mattel, Inc. All Rights Reserved.

{ 1 comment… read it below or add one }

Imants September 19, 2012 at 2:29 pm

Do you know that Mattel is one of the most unethical companies in the US? They produced lead containing toys which resulted in recalling not only their toys but a lot of other companies’ toys as well. Then they lobbied Congress to pass a bill that requests any toys for kids up to 12 to have a certificate (which costs around $2000-5000 per SKU) in a special designated laboratories which turned out to be connected to Mattel, and to make it special Mattel itself avoids these tests. It resulted in a recall of a lot of high standard US & especially European toys and closed businesses and fired employees all around the globe. Now you need to pay $5k to test a wooden toy made in Germany or UK just to sell it in the States and Mattel can import those plastic “toys” from China without paying anything, besides the payments to Washington lobbyists.

Just read these articles
http://amendthecpsia.com/2010/04/cpsia-good-news-little-mattel-gets-much-needed-relief/
http://hotair.com/archives/2009/08/28/mattel-gets-a-cpsia-waiver/
http://amendthecpsia.com/2009/11/cpsia-interesting-admissions-by-mattel/

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