After doing some market research Monopoly has decided that they should switch to plastic. Their findings are showing a growing trend towards the use of plastic currency like credit and debit cards. Debit card spending in Canada alone came to $137.4 billion dollars in 2005. That's a lot of money for just over 33 million people to spend without exchanging any physical cash.
When I first read that Monopoly had paired up with Visa I was upset because I thought they were now offering the option of credit card debt as a new game strategy. Picturing the millions of children soon to be playing this version of the game I had to read on, hoping my previous assumption wasn't correct. Thankfully the new version has only a Visa imprinted debit card. Better? I suppose, but it still leaves a bad taste in my mouth. The idea of Visa sponsoring a board game that is intended for children 8 and up seems immoral. Shouldn't the makers of a children's board game be aware of the subtle effect they have on the future habits of their players?
I think perpetuating the growing family debt could be avoided if this powerhouse in children's toys would have delved a little deeper into their "market research". But who knows if Hasbro would have done anything different knowing that 40% of the families in America spend more than they earn annually. I would hope they would because with those stats, 2360 of their employees are in the same financial boat.
Wednesday, November 14, 2007
After 71 Years Monopoly Turns to Visa for Help
Posted by
Wes
at
6:59 PM
Labels: credit card companies