SUMMARY
Betting on Funko is betting on 3D printing, Cobots, and agile manufacturing.
Their moat is questionable, but it is growing.
Millenials don't want to grow up, and Funko will profit from it.
Funko ( FNKO) has a variety of merchandising products of beloved franchises at reasonable prices. It is a well-organized company with a clear path for growing profit margin and reducing the time to launch a product. Many of its products are collectibles and have started to become staples. Over time, this trend could grow to become a valuable moat for the company.
Millenials do not want to grow up, a trend that gives Funko an expanding market for their products. As Millenials grow up, Funko´s target age range will grow as well. Their manufacturing process is a prime candidate for new modeling, prototyping, and manufacturing technologies that are on the rise, and becoming cheaper and better every day.
The products
Funko has four types of products: big-headed figures are the core business of the company; similar figures are also made in plush. These figures are collectibles and are becoming staples. The more figures there are, the stronger the brand is, and the harder it would be for a competitor to take them on. That is the moat of the company. It is small but growing. The apparel and home/ accessories business have no real moat; many small businesses sell similar apparel and accessories. In those businesses, Funko has to rely on its scale to deliver a better product in more locations at a better price.
https://seekingalpha.com/article/4177508-funko-rick-morty-play
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
This post has received a 15% upvote from @upvoteme2 thanks to the author of this post or comment!
Thank you for your business!
If you like the service we are providing please upvote this comment to support us.
Thanks and have an awesome day!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post was upvoted and resteemed by @resteemr!
Thank you for using @resteemr.
@resteemr is a low price resteem service.
Check what @resteemr can do for you. Introduction of resteemr.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a $15.38 % upvote from @siditech thanks to: @datima112.
Here's a banana!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 3.18% upvote from @minnowvotes courtesy of @datima112!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 1.47% upvote from @brupvoter courtesy of @datima112!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post received a $0.420 (74.99%) upvote from @upvotewhale thanks to @datima112! For more information, check out my profile!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 14.29% upvote from @luckyvotes courtesy of @datima112!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by datima112 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 0.63 % upvote from @drotto thanks to: @datima112.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://seekingalpha.com/article/4177508-funko-rick-morty-play
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @datima112: this post has been upvoted by @minnowhelpme!!
This is a free upvote bot, part of the project called @steemrepo , made for you by the witness @yanosh01.
Thanks for being here!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit