However, Disney had to pay something for those shotglasses, so not having to do so definitely is better for them than doing so.I know personally speaking, that the more money I saved on food, I would spend on something else- say shotglasses!
However, Disney had to pay something for those shotglasses, so not having to do so definitely is better for them than doing so.I know personally speaking, that the more money I saved on food, I would spend on something else- say shotglasses!
However, Disney had to pay something for those shotglasses, so not having to do so definitely is better for them than doing so.
True, but when you think about how much a corporation like WDW pays for items- albeit shotglasses, stuffed animals, toys, clothes, etc these are all made in china, malaysia, and elsewhere overseas....the markup they charge in their gift shops FAR exceeds what they are paying to have these items produced. So I'm sure they are doing just fine...
It's not about doing "just fine". My comfortable retirement relies on the companies I invest in doing much better than "just fine". I want them to make every last bit of profit they can, legally. Every last bit of profit possible. And I'll gladly switch my investments from companies that are doing "just fine" to ones that are doing better than "just fine", as most institutional investors do, so every public company knows they have to do their best, not "just fine".So I'm sure they are doing just fine...
We just returned home and I am not going to add up everything my family added to Disney's bottom line while we saved money on the DDP. I agree that while Disney must pay for their food, wine, clothing line and shot glasses that what I spent purchasing these items far exceeded their cost. And they are so good at their marketing I am trying to find justification for giving them some more money. Perhaps a discounted DDP will entice me back so that I can save some more money
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They are extremely successful in getting people to spend their cash happily. I told my DH what I had decided would be enough spending money and he insisted that I add more to that fund....and he was right. After I saved money on the DDP I had no issues adding a meal, adding beverages and heading into the gift shops.
It's not about doing "just fine". My comfortable retirement relies on the companies I invest in doing much better than "just fine". I want them to make every last bit of profit they can, legally. Every last bit of profit possible. And I'll gladly switch my investments from companies that are doing "just fine" to ones that are doing better than "just fine", as most institutional investors do, so every public company knows they have to do their best, not "just fine".
I'm not "super upset". We're having a discussion and I'm trying to explain something to you. And saying it is a figure of speech indicates that you didn't understand what I said, so I'll try to explain it better.
Most people invest in corporations to save for their comfortable retirements. Those companies have a fiduciary responsibility to make decisions in the best interests of their owners. There isn't any reason to make a conscious decision that does nothing more than increase cost and decrease profit, no matter how slight. Such decisions are irresponsible.
Understanding this is important in understanding why offerings, such as the Dining Plan, are the way they are, which is the context of this thread.
I hope that's clearer. Please let me know if I'm still not making what I'm saying clear enough.
Yup, that's it exactly. So I guess I finally did make my point clearly. Thanks!![]()
Sometimes people think the DDP was offered strictly to make the guests happy, but when you boil everything down the only motive is profit for the shareholders of the Disney corporation. Will the 2008 incarnation of the DDP be the excessively generous plan of the past that enticed everyone to try TS restaurants, no, but the plan will still be a bargain with modest savings to those who would have dined in TS restaurants without the plan. If WDW can keep the restaurants filled to capacity with the new DDP they will greatly increase the share price for their investors, which is (and should be) their priority.
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Your points are always clear and precise. Now agreeing with those points does not always come as easily.![]()
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We have used the dining plan in the past because we enjoyed being able to:
1. Fully pay for our trip and have no budget surprises.
2. Eat interesting or exotic appetizers as we are not sweets people.
3. Get a good value. We calculated we saved about $10 per day/per person with the plan.
We will no longer be using the plan because:
1. We will no longer be able to pre-pay for the trip. We will still have to whip out a credit card or cash to tip our wait staff. This cost increase alone got rid of the financial benefit as well as the convenience measure.
2. We lost our appetizers. Since our son can't have processed sugar and the rest of us really don't like dessert, this is a huge hit to our personal enjoyment of the program.
The biggest loser in this equation is Disney. Due to the dining plan we have stayed on location usually in a moderate or deluxe, not had a rental car, and never left the property. Since we are now going to rent a car to allow us to eat dinner off property we will also be staying at the Value Resorts because we will have free parking at the parks, can avoid the horrible busses, and leave property to eat at reasonably priced locations. We had avoided the value resorts because they required taking those horrible busses everywhere, but now we will save the money and take a car. Also, in the past we had park hoppers so that we could head over to Epcot to eat our dinner. We will no longer be adding that cost to our tickets.
In all, we will pay 1/2 of what we used to for a room, we will be eating far fewer meals on property, and we won't be upgrading our Magic Your Way tickets. I figure we will be paying Disney 2,140 dollars less for our family vacations and I get to avoid those tardy, stand in the rain/sun/heat Busses. I will have to rent a car and we will have to pay for meals out side the parks, but I really don't think we will loose that much time given how long those darn busses took to transport us around the parks. I always hated giving up an hour of transportation time to and from the restaurants that gave us the best "bang for our buck" with the dining plan.
With the extra savings, we may head over the the new Harry Potter additions at Universal. I have never been there before, but Disney's short sighted planning, has given me both the means (more money in my pocket and a rental car for transportation) and the motive (I will admit I am really honked off about the appetizers. If they only want to allow two allow two courses, then they should have made it an appetizer/dessert option.)
I still love Disney, and we will go back, but I think our family will be changing our traveling habits. This year we made two trips to Disney, once in February and once in September. I cannot see our family doing that again with the current pricing/program offerings. This isn't a huge deal, but for me it has become the straw that broke the camel's back.
--Eeyore's Wife