DVCnews May direct sales article

[AstroBlasters]

Absolutely they are not enough. My family and I love visiting Disney on our resale points, but the restrictions are insulting. It is as because we are resale buyer we are treated like a 2nd class DVC owner. No way someone would logically compare the cost of direct purchase (with perks) to resale and consider a direct purchase as a better value. They must make the decision to purchase direct on other criteria.

Consider that Disney made their money on the original DVC point sale. Thereby the resale is no consequence to them on those points. But their motive is to disincentivize the resale purchase by implementing all these restrictions. So why do it? They can always ROFR any resale they want, put it back into their inventory and sell it again as direct and make their money again on those same points.

For us to enjoy our Disney vacation we have to ignore the slap in the face, and just enjoy what we are allowed to enjoy on our resale points.

I’m sorry… but I find this hilarious.

They don’t treat you like a 2nd class citizen when you book your room, or give you a different website, or different customer service team. The check in process through the front counter or the app is the same. They don’t give you a 2nd class tier of room, or a worse bedding and appliances. They don’t make you park in a separate section of the parking lot. They are all the exact same!

You knew buying resale only entitles you to use your points to book a room according to the deed and not a single thing more. Not a single penny of what you paid a private third party to buy your points went to Disney.

Of course they want to incentivize people to pay them more money directly. It’s not like every single point has to be through them, it’s currently only 150 points. Thats why they are called membership EXTRAS. If you want the additional flexibility to book all of the resorts and perks, then pay up.

If you don’t care any of those things, then just be resale only and don’t worry that other people who paid more than you did are getting treated a little bit extra special for doing so.

 

[VGCgroupie]

The thing is that Disney receives certain incomes when the make the original direct sale. They get the revenue from selling the points and from regular payment of dues. Those 2 sources are permanent, whether the original points are kept by the original purchaser, or they are sold to another purchaser via resale. The annual dues are then picked up by the new owner. So that is all neutral for Disney. They made their money, and they keep their money. The ownership of points simply changes via a real estate transaction.

The problem with me is the Disney is not satisfied they made the money made. They want to make MORE money. They are a major corporation, with corporate objects, despite all the happy talk.

But don't get me wrong, making money is important so that they can continue to provide the family entertainment. It is just that their method for making more money should be focused on continuing to improve the product rather than taking punitive actions against people that buy their product on the real estate market.

Moonlight Magic and member extras are paid for out of the marketing budget which you did not pay as a resale buyer. So your argument is not valid.

 

[Girlstar30]

The thing is that Disney receives certain incomes when the make the original direct sale. They get the revenue from selling the points and from regular payment of dues. Those 2 sources are permanent, whether the original points are kept by the original purchaser, or they are sold to another purchaser via resale. The annual dues are then picked up by the new owner. So that is all neutral for Disney. They made their money, and they keep their money. The ownership of points simply changes via a real estate transaction.

The problem with me is the Disney is not satisfied they made the money made. They want to make MORE money. They are a major corporation, with corporate objects, despite all the happy talk.

But don't get me wrong, making money is important so that they can continue to provide the family entertainment. It is just that their method for making more money should be focused on continuing to improve the product rather than taking punitive actions against people that buy their product on the real estate market.

I mean you are talking about Disney, everyone knows their greedy and expensive, its no surprise DVC would be different. The best way to combat that is never to have bought DVC. They are not going to change so long as there is demand. Capitalism 101.

I find value in the thousands of dollars I spend at Disney. I'd rather pay their overinflated prices than go to a bar every weekend and dump my money on alcohol, buy designer purses, etc. We live in a greedy, capitalist society its just how it is. Every hobby is expensive, you chose the most expensive theme park there is.

 

[dontae]

I completely disagree with this. There are certain extras when buying with Disney directly which makes perfect logical sense. I don’t see them treating anyone as 1st class and 2nd class. Do you also get offended when VIP tour people walk on rides? They paid for that added value that doesn’t mean Disney only values them and not you in the parks.

Please understand that I did not expect to get full agreement and fully understand others may feel differently. And I can fully understand the willingness for some to pay the cost of VIP tour to enjoy the benefits. Makes sense. But buying a point is different. A point is a point. It is only different because Disney chose to make it different.

I haven't attended Disney sales pitch for DVC in probably over 40 years. Back then I don't think there was any difference in how they treated points, but I doubt there was an active resale market like there is now.

But I'd expect if a potential buyer went to a sales presentation and asked, but what if I decide it's not for me. What are my options? I'm sure that one of their options is not "We will buy back from you at full value because we would then be able to resell it."
But I'd expect maybe they would say "there is an active resale market where you could list if for sale."

 

[Unclelude]

Wait till all the white cards find out about the secret handshake!!!.... Oops...

 

[VGCgroupie]

Please understand that I did not expect to get full agreement and fully understand others may feel differently. And I can fully understand the willingness for some to pay the cost of VIP tour to enjoy the benefits. Makes sense. But buying a point is different. A point is a point. It is only different because Disney chose to make it different.

I haven't attended Disney sales pitch for DVC in probably over 40 years. Back then I don't think there was any difference in how they treated points, but I doubt there was an active resale market like there is now.

But I'd expect if a potential buyer went to a sales presentation and asked, but what if I decide it's not for me. What are my options? I'm sure that one of their options is not "We will buy back from you at full value because we would then be able to resell it."
But I'd expect maybe they would say "there is an active resale market where you could list if for sale."

Just like homes and cars. Timeshares are a depreciating asset. At least there’s a resale market and you have the ability to get back some of your money back.

 

[AstroBlasters]

Please understand that I did not expect to get full agreement and fully understand others may feel differently. And I can fully understand the willingness for some to pay the cost of VIP tour to enjoy the benefits. Makes sense. But buying a point is different. A point is a point. It is only different because Disney chose to make it different.

I haven't attended Disney sales pitch for DVC in probably over 40 years. Back then I don't think there was any difference in how they treated points, but I doubt there was an active resale market like there is now.

But I'd expect if a potential buyer went to a sales presentation and asked, but what if I decide it's not for me. What are my options? I'm sure that one of their options is not "We will buy back from you at full value because we would then be able to resell it."
But I'd expect maybe they would say "there is an active resale market where you could list if for sale."

Do you live in a capitalist country? I know we have a global group here in the DIS.

 

[dontae]

Moonlight Magic and member extras are paid for out of the marketing budget which you did not pay as a resale buyer. So your argument is not valid.

So where does the marketing budget come from? As I said in an earlier post, there are 2 sources of income with DVC. That from selling the points, and from continuing annual dues. So, the revenue from selling the points was fully earned, and paid, by the original purchaser of the points. The dues are paid by the original purchaser and continued to be paid by the purchaser in a real estate transaction. So, it sounds like those marketing costs are fully paid either way.

 

[dontae]

I mean you are talking about Disney, everyone knows their greedy and expensive, its no surprise DVC would be different. The best way to combat that is never to have bought DVC. They are not going to change so long as there is demand. Capitalism 101.

I find value in the thousands of dollars I spend at Disney. I'd rather pay their overinflated prices than go to a bar every weekend and dump my money on alcohol, buy designer purses, etc. We live in a greedy, capitalist society its just how it is. Every hobby is expensive, you chose the most expensive theme park there is.

On this we agree. I do find value with the resale points in spite of Disney's actions to try to disincentivize their value compared to direct. And my family enjoys Disney vacations. I'm just the crusty old grandpa born in a different era.

 

[Girlstar30]

On this we agree. I do find value with the resale points in spite of Disney's actions to try to disincentivize their value compared to direct. And my family enjoys Disney vacations. I'm just the crusty old grandpa born in a different era.

Thanks for the laugh im not trying to argue with you either I just wanted you to see that us resale have it pretty great no matter what they try to do to devalue us, so far ive been standing my ground that I think its too expensive and with current affairs and slow sales, the price needs to come down before they get their claws on me directly

 

[VGCgroupie]

So where does the marketing budget come from? As I said in an earlier post, there are 2 sources of income with DVC. That from selling the points, and from continuing annual dues. So, the revenue from selling the points was fully earned, and paid, by the original purchaser of the points. The dues are paid by the original purchaser and continued to be paid by the purchaser in a real estate transaction. So, it sounds like those marketing costs are fully paid either way.

Sandi is very well versed in DVC and has posted about it. This post sums up how funds are spent
Post in thread 'Disney's Long Term DVC Strategy'
https://www.disboards.com/threads/disneys-long-term-dvc-strategy.3967839/post-66172642

 

[dontae]

Do you live in a capitalist country? I know we have a global group here in the DIS.

Absolutely I do, that doesn't mean I have to approve of the methods of a major corporation that may, or may not, support globalist objectives.

But as I said in an earlier post, I truly understand Disney overriding need to make money. I just said that maybe they should focus more on enhancing the value of their products rather than taking punitive actions against people that but interest in taking advantage of the product they offer.

 

[Girlstar30]

So where does the marketing budget come from? As I said in an earlier post, there are 2 sources of income with DVC. That from selling the points, and from continuing annual dues. So, the revenue from selling the points was fully earned, and paid, by the original purchaser of the points. The dues are paid by the original purchaser and continued to be paid by the purchaser in a real estate transaction. So, it sounds like those marketing costs are fully paid either way.

I see what your saying, and I agree that its already been paid, but if they find a way to make more money, Disney's going to pounce

 

[VGCgroupie]

I see what your saying, and I agree that its already been paid, but if they find a way to make more money, Disney's going to pounce

And they should.

 

[Girlstar30]

And they should.

Any major corporation would

 

[VGCgroupie]

Any major corporation would

Yep! I want more DVC properties I want new rides I want more so I hope they flourish and make alllll the money they can.

 

[dontae]

Thanks for the laugh im not trying to argue with you either I just wanted you to see that us resale have it pretty great no matter what they try to do to devalue us, so far ive been standing my ground that I think its too expensive and with current affairs and slow sales, the price needs to come down before they get their claws on me directly

Thanks for your understanding, and glad I could cheer you up. With a lot of this I'm just talking my way through it. We all come into the discussion from different perspectives. Bottom line, I do find value with what I've got and I'm grateful there is a resale market because the direct cost of purchase is beyond my financial reach.

I am blessed with a great family and feel fortunate that we are able to enjoy a nice vacation together for a few days each year.

 

[dontae]

I see what your saying, and I agree that its already been paid, but if they find a way to make more money, Disney's going to pounce

Yes they are, no doubt.

 

[Girlstar30]

Yep! I want more DVC properties I want new rides I want more so I hope they flourish and make alllll the money they can.

As long as they stay reasonable with dues, Disney do yo thang lol

 

[Girlstar30]

Thanks for your understanding, and glad I could cheer you up. With a lot of this I'm just talking my way through it. We all come into the discussion from different perspectives. Bottom line, I do find value with what I've got and I'm grateful there is a resale market because the direct cost of purchase is beyond my financial reach.

I am blessed with a great family and feel fortunate that we are able to enjoy a nice vacation together for a few days each year.

Me too! So blessed and happy for the resale market for offering me the opportunity to afford this at a price im comfortable with!

Shout out to Monera financial for letting me finance 3 contracts in 3 months, I won't let ya down lmaooo (and yes I already paid off one, spare me the financial lectures disboard scholars )