The View-Master, a stereoscopic photo viewer first released in 1939, had become a nostalgia item with little relevance to modern kids after decades on toy shelves.

On February 13, 2015, Mattel and Google announced a new View-Master at Toy Fair: a $29.99 viewer that held a smartphone and used Google Cardboard technology, with physical experience reels that unlocked virtual tours of space, wildlife and world landmarks. It launched in October 2015 with three $14.99 experience packs.

The relaunch was a deliberate bet by Mattel, which was fighting a sales slump and looking for hero holiday toys. The product kept the iconic red body and lever, and a year later Mattel unveiled an improved View-Master DLX with better lenses, focus control and headphones.

View-Master returned to toy aisles as a $29.99 VR viewer with three experience packs, and Mattel followed with a $40 DLX model in 2016.

Google Cardboard made VR cheap enough for a toy.

Physical reels preserved the collectible ritual of the original.

The brand brought 75 years of trust to a new technology.

Tying the launch to the holiday season maximized the bet's odds.

A beloved old brand can be relaunched by attaching it to today's platform: View-Master's physical reels became VR experiences, keeping the collectible ritual while modernizing the technology.

Mattel followed with the View-Master DLX in 2016 — better optics, a focus wheel and a headphone jack — showing the revived brand had earned a second product cycle rather than a one-off relaunch.

FOLLOW THE EVIDENCE

The sources

  1. Google And Mattel Revive The View-Master techcrunch.com
  2. Mattel Gives Classic View-Master Toy a Modern VR Makeover abcnews.go.com
  3. View-Master 2016: Mattel revamps virtual reality version of its View-Master wired.com