Venturing Into the world of Dreams Case Study Analysis of Walt Disney World - Aashima
- Juliet - Sameer
Introduction
17th July, 1955 Disneyland Resort Anaheim, California Jointly owned by Walt Disney Productions, Walt Disney, Western Publishing and ABC Magic Kingdom Florida (1971) Tokyo Disneyland Tokyo (1983)
MARKETING MIX
Product Entertainment services, Hotels, resorts and restaurants Place Located in different countries Price Premium priced Promotion- Advertisements & Contests Core Competency : Provides the ultimate Disney experience , bringing fairy tales to life.
Euro Disney
Euro Disney Paris (1992) Misguided due to success in Tokyo Too expensive for Europeans French not keen on American culture. Too much emphasis on size, glitz; no variety Upset the local sentiments Financial institutions backed out. Food customs Hollywood movies
Euro Disney to Disneyland Paris Different promotions to appeal to each local market Change in food customs New attractions were added Low air fairs
Hong Kong Disney
Hong Kong Disneyland Hong Kong (2006) Disney characters were banned Size of the Theme park Lack of amusements Visitors found similarities with other Chinese theme parks TV commercials
Glocalization Chinese religious symbolism and aesthetics were used Film footage of Disney History. More attractions were introduced Food customs were suitable for the Asian pallet
Brazil GDP Unemployment
2477 billion (0.5%)
5.30%
South Africa
1014 billion (2.30%)
24.9%
United Arab Emirates
360 billion (3.30%)
4.60%
Financial stability & real estate
Politics
Medium
Low
Medium
Medium
High
Low
Economic performance
High
Low
Medium
UAE
Availability of the land Rich economy Most popular destination High religious tolerance
References
South Africa, Euromonitor passport GMID, retieved from http://www.portal.euromonitor.com.proxy.library.vcu.edu/Portal/Pages/Search/SearchResultsList.aspx on 13th October 2012 UAE, Euromonitor passport GMID, retieved from http://www.portal.euromonitor.com.proxy.library.vcu.edu/Portal/Pages/Search/SearchResultsList.aspx on 13th October 2012 Brazil, Euromonitor passport GMID, retieved from http://www.portal.euromonitor.com.proxy.library.vcu.edu/Portal/Pages/Search/SearchResultsList.aspx on 13th October 2012
http://tradingeconomics.com/
Losing the magic, retrieved from http://www.independent.co.uk/news/business/analysis-and-features/losingthe-magic-how-euro-disney-became-a-nightmare-2132892.html on 10th October, 2012 Buyout of Euro Disney, retrieved from http://www.foxbusiness.com/news/2012/08/24/disney-said-toconsider-buyout-euro-disney/ on 7th October, 2012 History, retrieved from http://www.solarius.com/dvp/dlp/dlp-history.htm on 10th October 2012
A dream is a wish your heart makes When you're fast asleep In dreams you lose your heartaches Whatever you wish for, you keep Have faith in your dreams and someday Your rainbow will come smiling thru No matter how your heart is grieving If you keep on believing the dream that you wish will come true.
Thank You