Future Market Conditions:
Describe future market conditions that your selected company/industry will face. Explain your conclusions. Address the following topics in your paper (you need to address all items from a to e plus at least one from f to i):
a. Market structure
b. Impact of new companies entering the market
c. Current Competitors
d. Price elasticity of demand
e. Prices
f. Productivity
g. Cost structure
h. Supply and demand analysis
i. Impact of government regulations
Please apply the feedback on your last week's Current Market
Conditions analysis to this week's Future Market Conditions analysis.
I just need to finish my PRICES for future Market Conditions for Disney. (250 words)
Many people think of a Disney vacation and automatically assume they will be spending a ridiculous amount of money for their week of fun. However, if consumers shop smartly, they can cut the price of a Disney vacation in half, while still having a fabulous experience at the theme parks. A 7 day, 6 night vacation for a family of 4 costs approximately $5,000, not including airfare. This is a mere $1,250 per person, which most consumers would agree is not a high price for such an experience. Disney packages at this price are offered on the company’s website and include a full week of vacationing for a standard size family, including tickets to each of the theme parks and water parks and meals to boot. Should a family choose to stay at one of the resorts in the theme parks, the price will double. While such packages also include dining and park passes for the week, the only difference lies in the resort chosen. For consumers who can make such a purchase, this extra $5,000 might be worth it. However, for a lower class family, staying at a hotel just outside the parks is the more suitable option. Disney also had a website that sells all of its products to consumers, also at quite reasonable prices. There is a vast array of movies that sell for an average price of around $19.99. Other products such as t-shirts and sleepwear sell for around $25 to $35, depending on what is being purchased. These prices are quite competitive and surprisingly low, considering the fact that Disney products are considered very unique and high quality. Browsing the web site and various stores around the country will show any consumer that Disney’s prices are not outlandish and actually, quite affordable.