Marketing
Analysis of the Walt Disney Corporation
Marketing Mix
Industry Influences
Environmental Influences in Demand
The Walt Disney Corporation started out as a small animation studio in 1923. Originally named Disney Brothers Cartoon Studio, after the founders Roy and Walt Disney, the firm grew and diversified, moving first into live actions films and diversifying with different leisure and entertainment interests either developed internally or acquired (Disney, 2013). A great deal of the firms success sis based in the way in which the firm has been able to market itself and satisfy customer needs. The firm adopted the current name in 1986, reflecting the vast nature of their interests, and the way in which they were continuing to grow. To appreciate the strength and adaptability of this firm the way in which the firm competes and is able to respond to differing environmental pressures may be examined.
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Marketing Mix
The marketing mix refers to the 4 P's; product, price, placement and promotion (Kotler and Keller, 2011). The Disney marketing mix reflects the high level of related diversification and its' strong market position.
The first P. is product; this is highly diversified, with different products that are related meeting the needs of different markets, and multiple segments within each market. The firm itself is divided into five divisions defined by product type (Disney, 2013). The first division is media networks, which includes the different broadcasting interests such as the television and radio stations, as well as the publishing products. Television stations include the Disney/ABC Television Group, the Disney Channel which is broadcast in many countries as well as children's magazines (Disney, 2013). The second division is the parks and resorts, with the firm owning or having interests in 11 theme parks across 5...
One of the most important matters for Disney Corporation is something that is not materially valuable. Its reputation is the one thing that most tend to disregard when considering its fortune, as people would rather think about the money it generates and its possessions. However, the people at Disney's know that shareholders are expecting their investment to benefit them, given the company's tradition. In order to refrain from disappointing its
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Additionally, the affordability of the Disney products and services is also relative. While in the economically developed countries in the western hemisphere, the Disney products and services are affordable and part of every day life, within the less economically developed countries, the Disney products and services are less affordable; here, they represent social statements and signs of wealth, which integrate an overall experience, rather than a simple product or service. All
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