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You might be correct, but just to play Devil's advocate a bit more, in the social media age, word of mouth marketing might be overshadowed in importance by the
by logicalmonster 5y ago
You might be correct, but just to play Devil's advocate a bit more, in the social media age, word of mouth marketing might be overshadowed in importance by the importance of social status in marketing, which a more exclusive experience would be.
Imagine if Disney was a bit more of exclusive experience, and people felt they could truly boast about visiting Disney that year. That's a powerful thing in marketing. People who were on the fence might feel compelled to save every spare dollar they could to try and make the trip happen.
I understand that they don't want to be seen as elitist, there's probably a fine line that would have to be made here. And I'm sure that Disney employs a number of analysts who have tried to figure out all of these scenarios already. Just interesting speculation. I think the safest path for them is keeping prices high, but not out of reach for most families to reasonably aspire towards.