Devil13
Mouseketeer
- Joined
- Jun 19, 2016
I like how, all of a sudden, we are reminded how "Disney is running a business" as an excuse for the escalating prices and reduced value of the last year (COVID is no longer an excuse). They've somehow managed to 'run the business' for about 100 years without doing things like this.
Like I said in the other thread, Chapek kept mentioning "Yield Management" on the earnings call. This is where they are going. It's much better for them to have one person pay 10K for something than 10 people pay 1K. Doesn't matter what it is, that's the goal. Parks will be less crowded, which means less staff, less electricity, less food, less everything expense-wise for Disney. Makes perfect sense. They get still get the same money while lowering expenses. To the point where I think they should start shutting down some of the value hotels.
If Disney wants this to be a once in a lifetime experience, that's what they'll get. They need to be careful though. Loyalty is what has helped getting them to where they are now with the parks, and they continue to spit in the face of those loyal fans. Not that they can't pivot again when they find out that this is a long term recipe for disaster, but if they continue this BS for long enough they will lose loyal fans who will find other things to do and may never come back.
The Boo Bash is a prime example and now this Christmas charade takes it a step further. A parade! Wow! Just like the ones that you've been running for free daily for the last 50 years but now it costs an extra $250 a person? Please.
The only thing they are doing wrong is pricing it too low. People will justify it at almost any price. It's all over these boards.
Stop making excuses.
Like I said in the other thread, Chapek kept mentioning "Yield Management" on the earnings call. This is where they are going. It's much better for them to have one person pay 10K for something than 10 people pay 1K. Doesn't matter what it is, that's the goal. Parks will be less crowded, which means less staff, less electricity, less food, less everything expense-wise for Disney. Makes perfect sense. They get still get the same money while lowering expenses. To the point where I think they should start shutting down some of the value hotels.
If Disney wants this to be a once in a lifetime experience, that's what they'll get. They need to be careful though. Loyalty is what has helped getting them to where they are now with the parks, and they continue to spit in the face of those loyal fans. Not that they can't pivot again when they find out that this is a long term recipe for disaster, but if they continue this BS for long enough they will lose loyal fans who will find other things to do and may never come back.
The Boo Bash is a prime example and now this Christmas charade takes it a step further. A parade! Wow! Just like the ones that you've been running for free daily for the last 50 years but now it costs an extra $250 a person? Please.
The only thing they are doing wrong is pricing it too low. People will justify it at almost any price. It's all over these boards.
Stop making excuses.