Sirwalterraleigh
Premium Member
-
Welcome to the WDWMAGIC.COM Forums!
Please take a look around, and feel free to sign up and join the community.
News Disney offers to pay union members at least $15 by 2021
- Thread starter Gringrinngghost
- Start date
21stamps
Well-Known Member
Please throw in the towel this time. You aren’t understanding what a few of us are saying.
I’ll leave you with this- There is a reason why execs can jump from high profile companies to other high profile companies. Because they all share certain common denominators.
Economics/Finance/Marketing, you either understand these subjects, or you don’t. But any claim made of what happens in a company such as Disney, by someone who doesn’t even understand why Nordstrom was referenced, shows that that person is just talking to talk. Sorry, but that’s the truth of the matter.
mikejs78
Well-Known Member
Disney sells on emotion. BMW sells on 'class'. It's not like a BMW is that much different than a fully-loaded Ford. Yet they charge a premium because of the power of their brand. Same with Apple. Disney is just a different flavor of the same. Among the entertainment industry, yes they are unique. When it comes to companies in general though, not so much.
Tom P.
Well-Known Member
Lake Buena Vista, Bay Lake, and the Reedy Creek Improvement District give Disney a regulatory advantage. In essence, it allows them deal with less red tape than Universal does. That has nothing to do with their brand, their marketing, their image, what it is they are selling, and how the realities of market economics affect them the same as every other company.
jakeman
Well-Known Member
https://shop.nordstrom.com/c/sitemap-stores
You're slipping into @ford91exploder territory here where your desire to make your point is overriding the ability to acknowledge facts.
Before you start...I don't care.
Just keep your facts accurate.
eliza61nyc
Well-Known Member
Well I will say Nordstrom has made me feel "magical" a time or two. Lol
Carry on.
Carry on.
21stamps
Well-Known Member
That’s because they built a brand, yes- brand, on stellar customer service. Their model has been applied by many businesses hoping to do the same.
Sirwalterraleigh
Premium Member
It’s wasn’t that nordstrom isn’t big (it is looking to go private as opposed to going down with retail, however)...
It’s the analogy that it compares to the emotional pull that Disney has built when selling product.
On any other day, the sides would likely be reversed if we were talking about some operational/pricing issue.
In fact, @21stamps just said that it’s the “wow” that makes the price escalation Ok. Like two days ago. Putting it on another Level. So people are loyal to Nordstrom for the wow?? Same thing? Or a stretch of a comparison?
That is the emotional/intangible take. I’m not even disputing it...but can’t “misremember” that now.
Hell, I even gave the “similar” examples to make the counter argument: Comcast - the closet thing to a direct competitor, and Apple - who sells tech on familiarity/ pull more than all others.
I don’t think you assessment of the context is accurate, so it doesn’t matter if you care.
This has gone way off course...so I’ll go no further on this.
Might I suggest it go back to $15 an hour...and - full disclosure - some of the academics here had some really nasty, spiteful inferred comments on in the union threads a few months back. And I’m glad to have at least as much self control to hold myself out of that.
Sirwalterraleigh
Premium Member
Reedy creek improvment district isn’t just about the permits. It’s a private way to raise public funds...an incredible advantage shared by no other individual Corp in a geographic district.
The package also lead to massive political earned favors (bought) since 1964 that Influenced infrastructure and labor policy on a massive scale. Not just in Tallahassee either.
They made their own business “rules”...which makes the idea that there are “many other companies, and they’re all the same” incorrect. Which means that traditional formulas on next weeks test don’t ALWAYS apply. It is what it is...and that’s it.
Nobody has said anything outlandish...but there’s some assumptions and oversimplifications at play...probably on both sides.
21stamps
Well-Known Member
I’m glad you googled “Nordstrom”, although apparently not reading enough about the company.
Here is my quote-
Marketing/branding/intangibles (yes-the wow)..Nordstrom and Disney are at the top of the ladder here. Neither one is an island in brand strategies or finances though.
It was an easy reference that I thought people would understand without further explanation needed.
I apologize for the confusion it caused.
Last edited:
Sirwalterraleigh
Premium Member
I’m well aware of Nordstrom...you do know it’s a brick and mortar department store, right?
That’s not what I’m saying...I’m setting Disney apart because of it’s uniqueness...which is honestly what you do when you want the paupers to stay away...
Are we done now? It’s just revolving at this point.
21stamps
Well-Known Member
You apparently don’t know. They are a blueprint and a legend for customer service, hospitality, brand loyalty, ability to adapt. This is why I made the reference. Because I thought anyone actively participating in the specific conversation at that time, especially those claiming to have knowledge of the subject at hand, would ‘get’ the reference.
You claim that Disney doesn’t have to make the same financial decisions as any other company, because- they’re Disney.
They are alone in selling an intangible aspect of their product- Because they’re Disney.
They are alone in all things- Because they’re Disney.
You questioned @Nubs70 and @CaptainAmerica because you say they don’t work at Disney so can’t possibly understand a basic finance conversation.
All of your points/questions are wrong. There is a formula, and there is a common ground that all businesses stand on..whether it’s payroll, profit, or eliciting emotion.
I hope this has finally explained it.
Sirwalterraleigh
Premium Member
I believe everything all say from a academic perspective...
You can twist anyway you want but I see a lot of talking down about “truth” by those who’s boots are still in the box (that’s figurative...Nordstrom is not having a sale on boots). Just consider that that perhaps a park hopper and other finance experience (which I completely respect, even though I’m not coming off like that after a Red Bull.) doesn’t entirely make someone a complete expert on the walt disney company. Just maybe...can’t be 100% sure.
Just as when there are engineering/construction/operations topics kicked around...which inevitably go off course and into the ravine...I don’t comment a lot. I certainly don’t want to drain on the posters. And If I do...ill always come back to middle ground.
No two things are completely alike...and everyone has an opinion on how much they know.
http://markets.businessinsider.com/...ly-struggles-to-go-private-2017-10-1002918966
That’s a good example of where the “intangible”...legendary sales and service...are failing under weight of competition, technology, and product that is not branded...merely distributed.
Ok...now I’m really done...have at the repititive comment back...
21stamps
Well-Known Member
The only downside to an online conversation is when someone quickly uses a search engine for a subject and starts inserting links, without a background of the subject.
I’m honestly not saying that in any kind of aggressive or insulting tone, just that I see it often, and I’ve learned that to conversate on the subject at that point is just like banging a head against a wall...no good can come of it.
I won’t bore or sidetrack to what a brand is or isn’t (which still seems to be a point of confusion), and why some are more successful at garnering loyalty than others.
No one here knows all of the inner workings of Disney, you’re correct on that, I haven’t seen anyone here claim to be an expert on Disney.. ok wait, I have.. but none of the people quoted by you in the past few pages have made such a claim. They have made claims that are true, you have made claims that are outrageously false.
What people do know is that Disney.. well, I don’t want to repeat myself, so you could just scroll backwards to finish that sentence.
SorcererMC
Well-Known Member
@Sirwalterraleigh I think you are being too subtle, and I might be off base but here is what I think you are getting at:
Disney/WDW is the largest employer in Orlando, (ie 1. Disney/WDW probably has sufficient market share to depress wages below the equilibrium wage rate).
If you are correct that Disney (and Universal) have overextended the labor pool, then 2. the union would have more bargaining power than they would otherwise have.
3. Factor in UO as a) non-union and b) main peer competitor in an imperfect market.
If the above assumptions are correct, the WDW case seems to meet the criteria where an increase in the union wage would decrease unemployment (defying the conventional wisdom).
Disney/WDW is the largest employer in Orlando, (ie 1. Disney/WDW probably has sufficient market share to depress wages below the equilibrium wage rate).
If you are correct that Disney (and Universal) have overextended the labor pool, then 2. the union would have more bargaining power than they would otherwise have.
3. Factor in UO as a) non-union and b) main peer competitor in an imperfect market.
If the above assumptions are correct, the WDW case seems to meet the criteria where an increase in the union wage would decrease unemployment (defying the conventional wisdom).
LongballMG
Well-Known Member
ford91exploder
Resident Curmudgeon
Just wait till TDO discovers 'On Call Staffing' so the CM's will have to be by their phones 24x7 to see if they are required to come in for work. Just another form of workforce 'rightsizing' which will allow TDO always to have 'just enough' staff for predicted demand. Oh and it fixes that pesky 'second job' problem because working under a regime like this makes it impossible to hold a second job.
Lensman
Well-Known Member
I am probably being over-optimistic but maybe it'll be like some places where you either get some remuneration for your time "on call" or it'll be like airline crews where you have the option to respond - with the incentive being overtime for responders.
Not sure which airline you're talking about, but the one with which I'm familiar has two levels of "on-call," and neither one allows "the option to respond" -- if they call, and you don't respond...