Preview

Marketing Paper - the model of HK Disney

Powerful Essays
Open Document
Open Document
1108 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Paper - the model of HK Disney
Table of Contents

Company Introduction 1
Background of Walt Disney 1
Hong Kong Disneyland 1

Situation Analysis 2
5 - Force 2
P.E.S.T. 3
S.W.O.T. 4

Conclusion 5
Reference ……………………………………………………...…………6
Appendix ………………………………………………………………7

Company Introduction

Background of Walt Disney

For more than nine decades, the name Walt Disney has been pre-eminent in the field of family entertainment. From humble beginnings as a cartoon studio in the 1920s to today's global corporation, The Walt Disney Company continues to proudly provide quality entertainment for every member of the family, across America and around the world.

Hong Kong Disneyland

Hong Kong Disneyland is the first theme park inside the Hong Kong Disneyland Resort, which is owned and managed by the Hong Kong International Theme Parks, an incorporated company jointly owned by The Walt Disney Company and the Government of Hong Kong.

Hong Kong Disneyland, the fifth and the most recent Magic Kingdom style park in the world, is located on reclaimed land in Penny’s Bay, Lantau Island. After years of negotiations and construction, the park finally opened to visitors on September 12, 2005. Disney paid close attention to Chinese culture, customs, and traditions when building Hong Kong Disneyland Resort.

Situation Analysis

We would like to use Strength-Weakness-Opportunities-Threats (S.W.O.T.), Political-Economic-Socio cultural-Technological (P.E.S.T.) and Potential entrants-Industry competitors-Customers-Substitutes-Supplier (5 - Force) to describe the company’s internal situation, furthermore it also can adjudge the marketing strategy.

5 - Force model

First of all, I would like to start from the 5 – Force analysis. As we know that in HK the Disneyland, which is a big theme park that cost at least 14 billion dollars, has only one competitor – The Ocean Park Hong Kong, which has just used 5.5 billion for refurbishment. In fact, they have some similar points such as the location is far away from town,

You May Also Find These Documents Helpful

  • Good Essays

    Disneyland is very large 160 acre amusement park located in Anaheim CA. Disneyland was created by Walt Disney on July 17, 1955, Walt Disney wanted to create a magical place where parents with children could go to the same place and have just as much fun as their children. Walt Disney had the vision that he wanted Disneyland to be like a fantasy land where dreams could come to life. Disneyland is a 17.5 million dollar magic kingdom. Even though the park was a very expensive project, “I could never convince the financiers that Disneyland was feasible, because dreams offer too little collateral” said Walt Disney. Since Disney was a very expensive project, Walt Disney had some support from his own television show on ABC; it was called Walt Disney’s Disneyland. The TV series offered sneak peeks about the future Disneyland project before it was even finished. It took a full year of hard work to finish the project.…

    • 825 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The experiment was done according to the textbook as found on pages 40-47 using the Standard Scale directions.…

    • 500 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Walt Disney began as a cartoon studio in the 1920s more than eight decades later is become a global corporation, and premier provider of quality family entertainment across America and around the world.…

    • 1207 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    1.1 Tokyo Disneyland opened on 15 April 1983 at a cost of US$1.4 billion. It is located on a reclaimed site about 10 km from downtown Tokyo. Tokyo Disneyland is privately owned by Oriental Land, a land-reclamation company in partnership with Mitsui Real Estate and the Keisei Railway Company. 1.2 Talks between Disney and Oriental Land started in the early 1970’s. Basically, Oriental Land is the owner and licensee; Disney is the designer and licensor. The final contract which was signed in 1979 gave Disney 5 per cent of the gross revenue on all food and merchandise, 10 percent of the gross on admissions, and 10% of any corporate sponsorship agreement, in exchange for a token US$2.5 million investment in the park. In 1980, the construction cost was estimated to be around US$250 million. Disney earned a fee for developing the park, retained complete design control, and retained significant control over park operations through a series of highly detailed operating manuals. 1.3 The partnership plans to build next to the present site a second theme park called Tokyo DisneySea due to open in 2001. Total cost will amount to US$3 billion.…

    • 533 Words
    • 3 Pages
    Powerful Essays
  • Satisfactory Essays

    Walt Disney believed that its themes parks would be an international success based off of the reception the parks had received in the past. Disneyland themed parks were quite successful when introduced in the United States. Mickey Mouse stood as the representative character for the parks. Serving as an American icon, Mickey Mouse has been a highly recognizable figure since his introduction in 1930. Many people flocked to the parks to catch a glimpse of him and the many other characters introduced since then. Walt Disney opened the first park in 1955 in Anaheim, California. Having found success with the operation a second park was opened in 1971 in Orlando, Florida. Large numbers of people would travel to the US to attend the theme parks,…

    • 248 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Walt Disney Research Paper

    • 4185 Words
    • 17 Pages

    For more than nine decades, the name Walt Disney has been preeminent in the field of family entertainment. From humble beginnings as a cartoon studio in the 1920s, it has grown to become a global corporation.…

    • 4185 Words
    • 17 Pages
    Powerful Essays
  • Better Essays

    Walt Disney Product Line

    • 1083 Words
    • 5 Pages

    Since its founding in 1923, The Walt Disney Company and its affiliated companies have remained faithful to their commitment to produce unparalled entertainment experience based on the rich legacy of quality creative content and exceptional storytelling. The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diverse international family entertainment and media enterprise with four major business segments; media networks, parks and resorts, studio entertainment, and consumer product (corporate.disney.go.com).…

    • 1083 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Walt Disney paper

    • 1102 Words
    • 3 Pages

    Since opening in 1992, Euro Disney, or currently recognized as Disneyland Paris, has become one of the largest tourist attractions in all of Europe. Though touted as one, if not the happiest places on earth, financially it is not much but a mirage. Euro Disney has not turned a profit since 2008, and has already had to be bailed out on 3 other occasions over its 2 decade existence. To many investors, this does not surprise them that it is happening a fourth time. Euro Disney has followed the same cycle that all products go through. This is known as the International Product Life Cycle Theory. Much like the regular product life cycle, the international theory adds on three stages, new product, maturing product and standardized product. In 1992, Euro Disney would have been going through the new product stage of the cycle. A theme park of the magnitude that Disney has to offer would have been completely different than anything already existing. In this sense, it was innovative in what it had to offer. This allowed Disney to uniquely place their product within the European marketplace. Eventually over the next couple decades, demand for the Disney product slowly started to decline. This is the company entering into the mature product stage. There are many factors that can go into this transition,…

    • 1102 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    During this burgeoning period for Disney studios, artists were not the only operational development for what would become Buena Vista Studios. Walt built a coffee shop, restaurant, gas station, sports playfields, and an 800-seat theatre…all for the employees. Four sound stages were produced (among other things, one was exclusive for monitoring dialogue, another for orchestration; two stalwarts when creating Disney cartoons) and, in 1940, just a year after the San Fernando studio cut its ribbon, “Fantasia” would be born and Walter Elias Disney would create a new standard in the industry of animation.…

    • 3151 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    For years, Walt Disney had dreamed of amusement parks where he could his daughters could go for family fun. With amusement parks being cheap, creepy, and dirt in the late 1920’s, Walt always dreamed of place with fun, family attractions that had an upbeat atmosphere; a place that appeared to be away from reality - a type of fairy tale reality (Brad, 2002). Disneyland was first opened in July 17, 1955 (Disneyland History, 2007). With this theme park opening the world view on theme park entertainment had been changed forever. Walt Disney expanded to Florida in 1971. This great success has lead to 11 more Disney themed parks and 5 resorts being opened around the world in places such as Japan, Paris, Tokyo, and Hong Kong.…

    • 590 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Since its founding in 1923, The Walt Disney Company and its affiliated companies have remained faithful to their commitment to produce unparalleled entertainment experiences based on the rich legacy of quality creative content and exceptional storytelling. The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise with four business segments: media networks, parks and resorts, studio entertainment and consumer products.…

    • 557 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Romeo And Juliet Essay

    • 1023 Words
    • 5 Pages

    Shakespearean works are usually highlighted by the individuality and the independence of the protagonist. However, it is quite contrary in Romeo and Juliet. The two households, Montague and Capulet have been in a long feud with each other in the city of Verona. Romeo, a Montague and Juliet, a Capulet are two lovers who meet at a party and faces obstacles to be with each other despite the history of their family. At the end, the lovers choose to kill themselves for each other’s death—signifying that they would rather die at fate’s hand rather than be forced to submit to their parent’s wishes. Shakespeare uses fate in order to create an absolute force that drives Romeo and Juliet’s intertwining romance. As such fate is to blame the lovers’ deaths…

    • 1023 Words
    • 5 Pages
    Good Essays
  • Good Essays

    But Disney did not cease at cartoons. One of the biggest companies of the world, Disney, has influenced the world's economy by the works it has produced, and it changed peoples' perspective of what a company can do. Moving to Los Angeles, Walt collaborated with his elder brother Roy, who helped him with the business. And the company was founded by the two brothers in 1929 under the name Walt Disney Productions, which was used as a studio to make animated motion picture cartoons. However, it later grew into one of the biggest sources of children's and adult entertainment and is currently involved in movies, theme parks, etc. (Compton's by Britannica). So Disney Company was not only rooted to producing cartoons, it was also involved in making…

    • 783 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    History of Disneyland

    • 554 Words
    • 3 Pages

    Disneyland is a place with a lot of wonderful stories. Therefore the history of Disneyland is an epic story. One very fine day, Walt Disney the founder of Disneyland had an objective that he would really like to accomplish. It was about making his imagination came true to live. His imagination was to build a land where people of all ages could have fun together, his is plan was to build Disneyland. The first plan was on the 8 acres land opposite the Burbank studios. But due to the World War 2 the plans had to stop for some time. But the war gave Walt an advantage of coming up with new ideas. So after the war ended Walt started with the creation of Disneyland, then the construction started on 21st July 1954 and then it was all ready on 17th July 1955 revealed by a special televised press preview. Disney had experience bad times after the special televised press preview. The preview was terrible and it was later given a name ‘Black Sunday’ but then is became a big blast in the first year operation. Unfortunately, on 15th December 1966 Walt Disney was passed away by lung cancer in Burbank, California. After he died, his brother Roy Disney took over the whole Disney company. After several years of Disneyland opened, there were few expansion that happened in Disneyland which were included the expansion of New Orleans Square in the year 1966, Bear Country which is the Critter Country today in the year 1972, and Mickey's Toontown in the year 1993.…

    • 554 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    1. What led to the eventual woes experienced by Hong Kong Disneyland in its first year of operation? How should Hong Kong Disneyland rectify its market situation?…

    • 1118 Words
    • 3 Pages
    Satisfactory Essays