Lightning Lane at Walt Disney World

[Splash4eva]

When did we get to six flags?

Was never a huge fan tbh but still is a fun and always interesting time there hahahah

 

[TheMaxRebo]

There's no defense to this. It's a pure money grab. Just like increasing tickets, AP, etc.

it's just market dynamics/supply and demand. They will charge what people will pay and the consumer can decide to pay it or not

Guess if you want to call "a company acting like a company" defending it, I am defending it

What's the counter? Disney should actively choose to make less money?

 

[Splash4eva]

Can't wait to hear some posters defend this one.

there has been some already

 

[Sirwalterraleigh]

There's no defense to this. It's a pure money grab. Just like increasing tickets, AP, etc.

We know that…the defense of submitting is the main act…

My recent favorites:
1. “My time is more valuable than that…in this here amusement park”
2. “I have kids and I will NOT tolerate lines under any circumstances”

In a way…it kinda makes me feel good…Gen X isn’t nearly as lazy and screwed up as we assumed it would be in comparison years ago

 

[Splash4eva]

it's just market dynamics/supply and demand. They will charge what people will pay and the consumer can decide to pay it or not

Guess if you want to call "a company acting like a company" defending it, I am defending it

What's the counter? Disney should actively choose to make less money?

Its really not supply and demand when all you are doing is draining the pockets of those who dont care. The product is no longer what it use to be

 

[Sirwalterraleigh]

it's just market dynamics/supply and demand. They will charge what people will pay and the consumer can decide to pay it or not

Guess if you want to call "a company acting like a company" defending it, I am defending it

What's the counter? Disney should actively choose to make less money?

It’s absolutely not “market dynamics”…are you aware of how the microeconomic curve functions?

Supply, demand and price affect each other…under no circumstances do you increase the price as the demand is falling and the supply increasing.

This is like Poland…or something?

I agree they’re trying to make money…and they’re using all the tools in the box to do that…but math ain’t one of them here

 

[TheMaxRebo]

Its really not supply and demand when all you are doing is draining the pockets of those who dont care. The product is no longer what it use to be

Everyone can decide if they are still getting sufficient value out of what they are paying even if they are charging more

They are providing a product/service (the supply) and the market dictates what demand there is for it and what they are willing to pay for it. So far, the demand is sufficient to warrant a price increase. At some point, presumably, it won't be

 

[Sirwalterraleigh]

Its really not supply and demand when all you are doing is draining the pockets of those who dont care. The product is no longer what it use to be

I might have been half asleep during Econ…but what you’re saying here does ring a bell.


This is the blue ocean stuff again. I hate to bring it up…but they are really stubborn when it comes to this

 

[Sirwalterraleigh]

Everyone can decide if they are still getting sufficient value out of what they are paying even if they are charging more

They are providing a product/service (the supply) and the market dictates what demand there is for it and what they are willing to pay for it. So far, the demand is sufficient to warrant a price increase. At some point, presumably, it won't be

That’s not supply and demand…or anything resembling how a competitive “free” market works…

You opened the cage to this beast and it’s about to eat you.

Pivot and argue a different concept…this one is a dead end

 

[Splash4eva]

Everyone can decide if they are still getting sufficient value out of what they are paying even if they are charging more

They are providing a product/service (the supply) and the market dictates what demand there is for it and what they are willing to pay for it. So far, the demand is sufficient to warrant a price increase. At some point, presumably, it won't be

All im saying is just bc they raise prices doesnt mean demand is there all they are doing is pushing some away and milking those who can afford it. Eventually that well runs dry. When that happens who knows but to sit here and say demand is there when everything points otherwise is wild

 

[Sirwalterraleigh]

All im saying is just bc they raise prices doesnt mean demand is there all they are doing is pushing some away and milking those who can afford it. Eventually that well runs dry. When that happens who knows but to sit here and say demand is there when everything points otherwise is wild

What if you believe in some wonky Stanford theory that says you can make yourself your own market and therefore have no competition and economics don’t apply? A free pass to life?


…people probably think i’m joking here

More like the tears of a clown

 

[Disstevefan1]

It’s absolutely not “market dynamics”…are you aware of how the microeconomic curve functions?

Supply, demand and price affect each other…under no circumstances do you increase the price as the demand is falling and the supply increasing.

This is like Poland…or something?

I agree they’re trying to make money…and they’re using all the tools in the box to do that…but math ain’t one of them here

I agree with you, but it seems Disney is still OK with charging more and delivering less.

If we EVER see a price freeze, then maybe it’s a signal Disney is seeing something.

Personally I don’t think we will ever see a price freeze.

 

[TheMaxRebo]

All im saying is just bc they raise prices doesnt mean demand is there all they are doing is pushing some away and milking those who can afford it. Eventually that well runs dry. When that happens who knows but to sit here and say demand is there when everything points otherwise is wild

It to find the max total revenue point so yes, may pus a percentage away but as long as there is enough left (or new coming in) that the increase price more than makes up for that reduced volume they are good

That is what I meant by supply and demand, finding that intersection of demand for the max they can charge to maximize total revenue.

So now less people may buy LL but as long as the increase cost person that does buy it makes up that drop they can continue to push to find that breaking point

 

[TheMaxRebo]

I agree with you, but it seems Disney is still OK with changing more and delivering less.

If we EVER see a price freeze, then maybe it’s a signal Disney is seeing something.

Personally I don’t think we will ever see a price freeze.

I said elsewhere, it would be much bigger news is Disney DIDN'T increase prices

 

[Sirwalterraleigh]

I agree with you, but it seems Disney is still OK with changing more and delivering less.

If we EVER see a price freeze, then maybe it’s a signal Disney is seeing something.

Personally I don’t think we will ever see a price freeze.

Yep…I don’t deny what they’re doing…it it’s not in the realm of “smart”

It’s unproven tactics with no data to confidently say it will work as time progresses

Quackpot more than Keynesian

 

[Splash4eva]

What if you believe in some wonky Stanford theory that says you can make yourself your own market and therefore have no competition and economics don’t apply? A free pass to life?


…people probably think i’m joking here

More like the tears of a clown

They(Bob) will run this model until
The well runs dry… the parade didnt move needles and im not buying what people are saying that it wasnt the goal of Disney… bull you know what. They are trying to bridge the gap to this next expansion and bank the masses will return to see all these new offerings. It may work and they may be able to get away with it.

 

[Splash4eva]

It to find the max total revenue point so yes, may pus a percentage away but as long as there is enough left (or new coming in) that the increase price more than makes up for that reduced volume they are good

That is what I meant by supply and demand, finding that intersection of demand for the max they can charge to maximize total revenue.

So now less people may buy LL but as long as the increase cost person that does buy it makes up that drop they can continue to push to find that breaking point

So you are basically agreeing with me that they are simply milking the people who dont care and will pay anything model…

 

[Sirwalterraleigh]

I said elsewhere, it would be much bigger news is Disney DIDN'T increase prices

The perception of them the last few years has turned so sour that the general public…not here or the vloggers…would not believe it. Not exaclty signs of winning “the confidence game”

 

[TheMaxRebo]

So you are basically agreeing with me that they are simply milking the people who dont care and will pay anything model…

Guess depend what you mean by "don't care" ... Guess there are some that will pay whatever but I do think most guests have a budget and determine what fits into it and will decide if things are worth it at the increased price or not

They just haven't gotten to that point where enough people that "do care" have reached that point yet to where the system can't handle more increases. Maybe this is it, maybe not. At some point they will reach that intersection point though (other than inflation related increases)

 

[Sirwalterraleigh]

They(Bob) will run this model until
The well runs dry… the parade didnt move needles and im not buying what people are saying that it wasnt the goal of Disney… bull you know what. They are trying to bridge the gap to this next expansion and bank the masses will return to see all these new offerings. It may work and they may be able to get away with it.

No doubt

A good plan for overextended management and a detached board who have no long term skin in the game…don’t you think?