Description
At Jolly Playstore, we aim to bring to our customers a range of premium quality toys that are educational and original. Along with our eCommerce presence, our flagship product, Halftoys, has retail presence in Singapore Zoo, Singapore River Safari, Singapore Science Centre, NUS Museum, TANGS @Tangs Plaza and OG as well.
We are the Singapore sole distributor for Halftoys, a premium educational toy that is unqiue in the market today. Since inception, the feedback from customers are high quality and engaging for the children. The acceptance from the key tourism spots in Singapore speak for itself.
Ideal for those who wants to kickstart children retail business where the foundation has already been established. Also good for those who wish to expand their current business footprint into the Singapore tourism scene and/or add to your existing line of products.
This business has high potential to scale with its current proof-point giving customers the quality assurance as Haltoys can be seen in popular malls and Singapore tourism spots.
We have not started social media marketing to promote our eccomerce website. So there is certainly an area for growth
Now that Singapore has open up for tourism, good opportunity to engage more shopping malls for collaboration
Tap on the popular toys events especially during children holidays and year end Xmas which looks more promising now after Singapore lifted more restrictions on exhibitions
Q&A:
[9:44 am, 13/06/2022] +65 9823 8719: So you are currently selling online? any direct shop to consumer sales?
[9:46 am, 13/06/2022] Adrian Ho: We have ecommerce via own website - JollyPlaystore.com, grab mart and distribute to some SG ecommerce resellers
[9:48 am, 13/06/2022] Adrian Ho: We also have our products at River Safari, Science center, NUS Museum, OG, CK Tang
[9:49 am, 13/06/2022] Adrian Ho: On consignment basis
[9:52 am, 13/06/2022] +65 9823 8719: Noted. So selling the business for how much at the moment?
[9:52 am, 13/06/2022] Adrian Ho: We are looking at $88k. But negotiable for keen buyer
[9:53 am, 13/06/2022] Adrian Ho: It comes with the SG distributorship for Halftoys
[9:54 am, 13/06/2022] +65 9823 8719: so, you only sell one brand? where is the toys made from?
[9:55 am, 13/06/2022] Adrian Ho: Yes only one brand. Of course with the in route to Singapore Zoo, shopping malls today, you can tap on it to bring more line of pdts
[9:55 am, 13/06/2022] Adrian Ho: Made from China. Just like Disney toys
[9:57 am, 13/06/2022] Adrian Ho: 80% of world renowned toys are made from china. The Halftoys quality is superb. Else Singapore Zoo, science center and NUS museum will not accept it
[9:58 am, 13/06/2022] +65 9823 8719: i see, how much profit do you earn per toy?
[9:58 am, 13/06/2022] Adrian Ho: V good question
[9:59 am, 13/06/2022] Adrian Ho: The cost is around $3 USD
[9:59 am, 13/06/2022] Adrian Ho: Retail price we put up is $19.90
[10:00 am, 13/06/2022] Adrian Ho: For the version with landscape , cost is $3.5 USD. Retail
Price $27.90
[10:00 am, 13/06/2022] Adrian Ho: Strategy has always been premium toys at premium price
[10:01 am, 13/06/2022] Adrian Ho: There is probably no toys similar to Halftoys
[10:02 am, 13/06/2022] Adrian Ho: The body can be open up with magnetic effect, to expose the skeleton structure of the figurine which can be further dismantle like a puzzle
[10:05 am, 13/06/2022] +65 9823 8719: Then for the shipping ? I'm assuming you take in one container at a time? Any delays in production from current times?
[10:07 am, 13/06/2022] Adrian Ho: I typically ordered 6-8 pallets during covid. Prior to covid was over 10 pallets per order
[10:07 am, 13/06/2022] Adrian Ho: Of course if u order one container, the margin will be much better
[10:07 am, 13/06/2022] Adrian Ho: No delays
[10:08 am, 13/06/2022] Adrian Ho: Just that for new figurines, will need to wait when they are ready to launch
[10:08 am, 13/06/2022] +65 9823 8719: Noted. Which other country is it sold at the moment?
[10:12 am, 13/06/2022] Adrian Ho: USA, UK, Australia, Taiwan are tue key ones
[10:12 am, 13/06/2022] Adrian Ho: *the
[10:16 am, 13/06/2022] Adrian Ho: Here is the manufacturer website:
www.Half-toys.com
[11:32 am, 13/06/2022] Adrian Ho: Any other questions ?
[11:49 am, 13/06/2022] +65 9823 8719: Update you later. Probably do a meet up?
[11:58 am, 13/06/2022] Adrian Ho: Ok Sure
[2:12 pm, 13/06/2022] Adrian Ho: Let me know when to meet and and I can show you the products
[7:20 pm, 15/06/2022] Adrian Ho: Didn’t hear from you. Still keen to meet?
[7:57 pm, 15/06/2022] +65 9823 8719: Hi! Yes. Where are you situated?
[8:05 pm, 15/06/2022] Adrian Ho: Currently I store it at my car workshop at kaki Bukit
[8:09 pm, 15/06/2022] +65 9823 8719: Ok. Which mall or coffee shop convenient to meet?
[8:18 pm, 15/06/2022] Adrian Ho: Where are u located?
[8:25 pm, 15/06/2022] Adrian Ho: I’m near Bishan. What about u?
[8:36 pm, 15/06/2022] Adrian Ho: We can meet at Bishan Junction 8 Tmr or Friday if that’s ok for u
[8:38 pm, 15/06/2022] +65 9823 8719: I'm at toa payoh
[8:38 pm, 15/06/2022] +65 9823 8719: That's perfer
[8:38 pm, 15/06/2022] +65 9823 8719: Lunch time or afternoon ok?
[8:38 pm, 15/06/2022] Adrian Ho: Ah ok we are near
[8:38 pm, 15/06/2022] Adrian Ho: Yup
[8:38 pm, 15/06/2022] Adrian Ho: Tmr?
[8:40 pm, 15/06/2022] +65 9823 8719: Friday
[8:40 pm, 15/06/2022] +65 9823 8719: I have appts all day tomorrow
[8:42 pm, 15/06/2022] Adrian Ho: Sure. What time?
[8:42 pm, 15/06/2022] +65 9823 8719: 3pm?
[8:47 pm, 15/06/2022] Adrian Ho: Ok set
Singapore
