- Joined
- Feb 11, 2007
- Messages
- 17,547
I dont see it as a loyalty program.
I see it as a way to bring people into the Disney parks to spend money during the slower seasons.
People in the parks spend money.
But that is Disney's business. They HAVE to get you into the parks and spend money. Otherwise it won't survive.
Now, the SEASONAL pass has blackout dates. I don't think they are too bad - mostly at times where Disney is at or close to capacity in some areas. But it could be argued that it is to get the locals on day trips into the parks.
The ANNUAL pass has no such restrictions. You can use it any time, as often as you want, for 1 year. You pay roughly the equivalent of 12 days of MYW park hoppers but get to go a lot more. I think that DOES reward loyalty - if you are going to go two WDW for 12 or more days, they are saying "Hey, here's a ticket for you just for coming so often!" They are not also going to give you free room and board on top of it, because at that point they are better off not having you there.
As for times being tough, I actually don't believe that any publically traded company (which is answerable to the shareholders in general, at least according to our current legal system) is NOT going to simply throw money away for the sense of goodwill when they cannot make revenue targets - the shareholders would have a fit. So I don't actually see any sort of new loyalty program coming any time soon. I can see it AFTERWARDS, as a thank you to those who stuck with Disney through the tough times, when Disney can afford to drop the margin in some areas.
Shareholders unfortunately do not give a damn about guests - because they don't understand the model. Current shareholder culture is all about fast returns. The only way this can change is for Disney to cultivate a culture among its shareholders of the understanding that by putting money back IN to its guests (which are its true revenue stream), which could affect revenue short term, it would may off big dividends at a later time. Which alas I think is impossible. Especially with all the other money-losing divisions that have to be tentpoled by those that are bringing in revenue.