Face Bank is a unique piggy bank and also a money-gobbling machine. The greedy face “smells†coins when you bring them close to its face, and opens its mouth in hunger.
Once it is given a coin to eat, the Face Bank actually makes a chewing motion. Although this gobbling money machine seems to be starving, it can only hold 30 coins.
Implications - When it comes to storing money, consumers are looking for creative ways to hold their cash outside of the bank. Much like many retro items, the traditional fashion of piggy banks haven't gone out of style and is now making a strong comeback with modern designs that reflects the present. With the popularity in vintage items being reborn with contemporary designs, it's no surprise that consumers are reverting to the old ways thanks to ground-breaking designers and brands.
Chewing Coin Collectors
The Banpresto Face Bank Gobbles Up Your Money
Trend Themes
1. Creative Money Storage - Opportunity for innovative designers and brands to create unique and modern piggy banks that appeal to consumers looking for creative ways to hold their cash outside of traditional banks.
2. Retro Design Resurgence - Chance for designers and brands to capitalize on the popularity of vintage items by creating modern designs of traditional piggy banks.
3. Nostalgic Financial Solutions - Opportunity for innovative designers and brands to tap into consumers' desire for nostalgic money-saving methods by offering retro-inspired piggy banks with contemporary features.
Industry Implications
1. Product Design - Disruptive innovation opportunities for designers to create new and improved piggy bank designs that meet the needs and preferences of modern consumers.
2. Consumer Goods - Opportunity for consumer goods companies to develop and market retro-themed piggy banks that appeal to consumers seeking nostalgia and unique money storage solutions.
3. Financial Technology - Chance for fintech companies to incorporate advanced features into piggy banks, such as digital interfaces and smart functionalities, to enhance the user experience and attract tech-savvy customers.