Assignment -1 Hong Kong Disney land case study. Question – 1 Which strategic action Disney took for consumer focused Initiative. As we all know that any company use the strategy for only 2 motives which is selling concept and marketing concept. Among them consumer is an important for only 2nd motive. On that concept there are four stages Here I am going to explain the planned action for target consumer focus. First of all, I can say that Disney is the world 's leading producers and providers of entertainment and information. Hong Kong Disneyland is the fifth them park in the worldwide. Here also Disney has one purpose is strategically to reach the growing Chinese market. But Local residents of Hongkong understood that its country should be proud that it is selected as a fifth for having Disney theme park. So it’s a two way strategic action. Second this is used consumer decision making process for example, here the exaple of The lion king 3D which was released on September2011. The first stage in this process is the need recognition which is always a desired or dream need when it comes to Disney products. This "need" can be activated by external source through enormous advertising or positive reviews. The second stage is information search, here is an internal source because this movie based on the movie which seen by consumers Seventeen years ago so it search by personal experience. We can say it’s a non marketing source. Although kids want to see this
Introduction The Walt Disney Company is an American diversified multinational mass media corporation. It is the largest media conglomerate in the world in terms of revenue. It generated US$ 42.278 billion in 2012. Disney was founded on October 16, 1923, by Walt and Roy Disney as the Disney Brothers Cartoon Studio, and established itself as a leader in the American animation industry before diversifying into live-action film production, television, and travel. The Walt Disney Company operates as five primary units and segments: The Walt Disney Studios or Studio Entertainment, which includes the company's film, recording label, and theatrical divisions; Parks and Resorts, featuring the company's theme
The case “Euro Disney: First 100 days” talks about the issues faced by the Walt Disney Company when expanding to international borders. The case begins with the history of Disneyland and then describes the reasons behind its success and expansion to various states across the country. It then describes the success of Tokyo Disneyland, first Disney theme park outside America and the factors affecting it.
Strategy is a set of complicated tactics formulated by the executives of a company directed towards the achievement of company’s goal (Salmela, 2002). It is about all the path ways that a company would follow to reach its ultimate goal. It is a company’s strategy which helps to identify what it does better than the other companies in the industries, which may be different from what it does best. For successful strategy formulation and implementation, a company should know the needs of customers and should have knowledge of its competitors. Through a good strategy a company would identify that opportunity which makes it different from the others (Thompson, 2005).
“It’s a very different market for Disney in China — it’s a different culture, and their characters are not as well-known or popular here, and the ticket prices are high.”. The challenges faced by Shanghai Disney Resort are further explained below.
The Walt Disney Company has seen their share of success in taking their parks and resorts into global markets. “60 years ago, the first Disney theme park opened, in California and was the brainchild of Walt Disney himself, who was motivated by the lack of entertainment options available to him and his two young daughters.” (Forbes, 2016). Disneyland California penetrated the market rapidly, and its popularity led to the opening of Disney World in Florida, followed by global expansion in Tokyo, Paris, and Hong Kong. Their latest expansion came in June 2016, on a 963 acres’ site in Shanghai, China (Xu, 2012). After one year in operation, Shanghai Disneyland is outpacing their most optimistic projections, and the park’s
A successful marketing strategy will help a company to find out the trend and goals for its marketing. A strategy must elaborate how a company is going to present its products or services in ways that will satisfy a company’s consumer. The marketing strategies of Four Seasons are the following:
The Walt Disney Company is known throughout the world as a leader in entertainment. The strategies that the Walt Disney Company have used include competitive advantage, a growth strategy, and a renewal strategy. When a person mentions a theme park, Disney is the first park that comes to mind. They were not the first theme park, but they have mastered the art of creating memories for adults and children alike. As a former employee of Disney I can vouch for the amount of effort that goes into
Hong Kong Disneyland, opened to visitors in 2005, is one of the two largest theme parks in Hong Kong. It successfully brings magical experience of Walt Disney to all the visitors just like other Disneyland around the world.
There are multiple places in Disney World to buy a Happy Meal or to buy McDonald’s products. Although Disney offer a wide range of restaurants and food, visitors visit to the McDonald’s because they knew their beloved children love the foods, the price is right, the quality of food is good and it gives their children a place to chill and relax during the meal time and also with the soft toys gives away. This delivery channel was awesome and perfect on McDonald’s part, they recognised all they had gain by joining a partnership with the Disney
Disney’s target market consists mainly of family-oriented Asian tourists, primarily those from mainland China, Taiwan, and Southeast Asia. The mainland China accounted for large number of incoming visitors. At the time of Hong Kong Disneyland’s establishment, Hong Kong already enjoyed booming business and tourism sectors, but the government believed that the latter would be invigorated by the creation of a then absent “family tourist” niche. Below are the
In the marketing sense, we speak of identifying the needs and wants of the consumer. The package presented by Disney to the customer met neither of these. Disney cannot control the environment! True success lies in adapting oneself to the surrounding culture, being marketing oriented is finding success in customer satisfaction. Disney fails on both counts.
Walt Disney World Resort can be overwhelming for first-timers. My favorite advice is to stay at one of Walt Disney World Resort hotels and enjoy of all benefits that will turn your planning and trip into a hassle-free even more magical vacation, with the complimentary transportation and parking, Extra Magic Hours and early access to FastPass+ and to advanced dining reservations, which can be crucial if the plans are for a peak season, holidays or for special dining experiences.
Here Disney had strategic plan in terms of consumer focused initiative. A consumer initiative often includes steps for a company to increase sales by differentiating products in the marketplace, marketing goods or services to new demographics or creating a new customer service function to handle customer requests.
Disneyland in Hong Kong- Good or Bad? The aim of this essay is to discuss the advantages and disadvantages in having Disneyland coming into Hong Kong. Disneyland is a famous theme part, with outlets all around the world, including Japan, America and France. And now, Disney decided that the next theme part it is going to locate itself is Hong Kong- is how beneficial will it be to Hong Kong? The diagram on the left shows the proposed location of Disney land in Hong Kong. It will be situated at the west of Hong Kong island, in Penny?s Bay. Land reclamation will be used if extra land is needed for Disney to expand in the future.
Hong Kong was a prime tourist destination for a large number of people from the mainland. Disney focused on people from mainland, the local residents and