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Disney strategic planning
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Recommended: Disney strategic planning
Unit VII Mini Project
Disney
By: LaVita Fleming
Strategic Recommendations
Positioning
Product positioning is what comes to mind when a company target market thinks about the company product compared to its competitor’s products. According to Jan Welborn-Nichols, Positioning is where ones’s product or service fits into the marketplace. Having effective positioning assists with the product or service being number one with consumers. According to Keller, A positioning analysis should consist of Points of Parity, and Points of Difference. The Points of Difference are the benefits that a consumer strongly associates with the brand and they believe that they will not find the same attributes with another brand. On the other hand The points of Parity is not what makes the brand different but what the brand may have in common with other brands. The positioning must also take into account the brand Mantra which is basically the spirit and soul of the brand and it’s usually a few or phrase.
Points-of-Parity
Some of the major managing brands that are competing with Disney brands are CBS Corporation, NBC Universal, and Time Warner Company. Although Disney is Associated with fun and excitement. Unfortunately this is the same with all brands of entertainment. Also the products and services that fall within
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Consumers automatically think of fun, family entertainment when they hear “Disney” (Disney, 2015). Another difference are the characters that Disney has, especially Mickey Mouse he is known worldwide and iconic to the Disney brand. Moreover, Disney has a partnership with the global leading restaurant chain McDonalds. Mcdonalds has a strong marketing relationship with Disney they offer a Disney figurine with their happy Meals that relates to a newly released
McDonald's is one of the most popular fast food restaurant across the country with some of the most sugar and calorie packed foods. In America that spells trouble since the smaller sized items tend to be the largest sizes in other counties across the globe. When a group of children were shown images of historical and religious figures, a majority of them were unable to recognize them; but when shown an image of Ronald McDonald, the children could automatically tell who he is and what he does. There seems to be no end in sight for what is becoming a continental issue.
Disney is the epitome of children’s entertainment. Disney serves as one of the largest sources of
Finally, Mattel should collaborate with quick service restaurants such as McDonalds and Burger King to include a Mattel toy, such as Hot Wheels, in kids’ meals. In 2006, the food industry spent over $360 million on toys and 36% of all fast food meals were served to kids, making toys the most popular form of marketing to children (Gagnon & Freudenberg, 2012). This is a unique opportunity for Mattel to increase their competitive advantage through a different marketing
The entertainment industry holds the immense potential for growth and development. The industry is constantly evolving and Walt Disney emerge as a global leader and recognized as the world’s second largest media conglomerate in the terms of revenue after Comcast. The Walt Disney Company is a multinational entertainment conglomerate headquartered at California, United States. The company integrated its products into five target segments are as follows: (1) Media Networks (2) Parks and Resorts (3) Walt Disney Studios (4) Disney Consumer Products (5) Disney Interactive. The company has strong diversified product portfolios and generate high returns and revenues from all the target segments but the media networks contributes
The Walt Disney Company is a highly diversified media and entertainment company that has been growing by leaps and bounds since its inception in the late 1920’s. In the past few decades, The Walt Disney Company has expanded into numerous markets and diversified its business greatly. The company states that their corporate strategy is targeted at creating high-quality family content, exploiting technological innovations to make entertainment experiences more memorable, and expanding internationally. Upon studying the happenings of the company throughout the years, it is easy to see that the company is executing this strategy well through numerous strategic moves in the industry.
The Disney corporation is easily the greatest empire of entertainment in the world thanks to the creator Walt Disney and his brother. Disney’s influence has been great within culture and society and I learned how much of an influence Disney has had through our course this semester. This influence is reflected and broadcasted through the many works and readings that we examined in class. The articles gave me new knowledge about Disney that I was previously unaware of.
To encourage a point-of-view regarding the role of cross-promotions and movie product placements both within the marketing mix, and as elements of new product launch activities
Any cartoon, animation, park, or product with Disney’s name attracted to it will automatically increase the popularity of that product. Brand recognition is extremely important to creating a long term company and returning customers. Even though Disney just started out creating animations and movies, they were able to find success in theme parks, cruises and many other areas because of their brand name. Having a reputation can have negative consequences, creating subpar products will impact the brand name, and that is why the quality of Disney’s products is essential to keeping a strong brand
Disney’s long-run success is mainly due to creating value through diversification. Their corporate strategies (primarily under CEO Eisner) include three dimensions: horizontal and geographic expansion as well as vertical integration. Disney is a prime example of how to achieve long-run success through the choices of business, the choice of how many activities to undertake, the choice of how many businesses to be in, the choice of how to manage a portfolio of businesses and the choice of how to create synergies between those businesses (3, p.191-221). All these choices and decisions are made through Disney’s corporate strategies and enabled them to reach long-term success. One will discuss Disney’s long-run success through a general approach. Eisner’s turnaround of the company and his specific implications/strategies will be examined in detail in part II. Disney could reach long-run success mainly through the creation of value due to diversification and the management and fostering of creativity, brand image and synergies between businesses (1, p.11-14).
In reviewing the vast corporation of the Walt Disney Company and all that it has to offer, one profound statement made by Walt Disney himself comes to the forefront, “I only hope that we don’t lose sight of one thing – that it was all started by a mouse” (Walt, n.d.). This statement suggests that the company has a strong focus to continually guide them in the way of the original idea of the company. Even as it watches the changes taking place in society and adapts to the new technologies and innovations, the Walt Disney Company has been able to implement diverse strategies for its growth and prosperity.
It has been noticed throughout the running of McDonald’s that they tend to market to the eyes of children with Ronald McDonald as their notorious “spokesclown” that is recognized by 96% of American children. Also, in 1998, McDonald’s signed a long-term deal with the Walt Disney Company to include Disney merchandise as giveaways in its Happy Meals.
The main target customer for McDonald's includes parents with young children, young children, business customers, and teenagers. Perhaps the most obvious marketing for McDonald's is its' marketing towards children and the parents of young children. Ronald McDonald was first introduced in 1963 and marked the beginning of their focus on young children as a critical part of their ongoing business. Parents like to visit McDonald's because it is a treat for the kids, and the kids enjoy the cartoon like atmosphere. McDonald's also targets business customers as a part of their core business. Business customers may stop during the workday and can count on fast service, and consistently good food. Another major target of McDonald's marketing is to teens. Teens find the value menu especially appealing and McDonald's markets their restaurants as a cool place to meet with their friends and to work (The Times 100).
One of the key factors of the successful diversification is the very strong branding of the name Disney. That the name was famous after the success in the early years made it among other things possible to go into the theme park industry. Evaluated isolated, the theme parks was a success. But when also accounting for the synergies created, the decision to go into this industry was a huge success. It has created a spiral of synergies, where the characters in the movies get more popular due to the parks, as well as the fact that when people are visiting the parks they get stimulated to buy the merchandise. This is just one example of the synergies that exist in Disney. When Michael Eisner took over control in Disney, he kept focusing on same corporate values as earlier, which are quality, creativity, entrepreneurialism and teamwork. These values have been preserved despite of the size of Disney, and are an important factor in sustaining and building the Disney brand.
What many people don’t know is that Mickey Mouse wasn’t always a good influence to not only children but to many others also. Over the years Mickey Mouse has evolved into an icon that is worthy of children’s attention and their parents’ money. Through the use of movies, television shows, video games, theme parks and merchandise Mickey Mouse affects most children’s lives every day even if it isn’t noticeable. Mickey Mouse has also given rise to many big movie productions and sales. While being educational Mickey Mouse also entertains children and teaches them a lesson that children enjoy and find fun. Not only does Mickey Mouse have educational purposes he also tries to form a Utopia environment for all families that use and watch Mickey’s products.
Whether it is marketing within franchised restaurants or major retail banks, marketing plays a large role in providing assistance for companies to reach goals such as high profit. Subway sandwiches, a world-wide franchised restaurant, uses marketing and marketing tools not only for increased sales but to create an image in the consumers mind. This essay will define and discuss positioning, as well as a case study on how the Subway franchise has positioned their product. As one cannot climb a mountain from the top, market segmentation and market targeting will be looked at in order for better understanding on positioning.