Originally posted by speck76
Ok, right now the MK has about 14,000,000 admissions per year. For example sake, lets use $55 as the admission price. This gives the MK a 770,000,000 gross in ticket sales per year (ok, I know some are child tickets, and some are discounted...let's stick with easy numbers).
If the Magic Kingdom was to drop ticket prices by $10 per person, the park would have to attract 17,111,111 guests to reach the same gross ticket revenue.
So, 3,111,111 more people would have to visit the MK each year, that is about 8,524 people per day.
Would a $10 discount on the the ticket price really encourage that many more people to visit, especially when the ticket price is only one expense the guest will accrue (hotel, food, drink).
In my experience, accross the board discounts rarely work in attracting more demand. Really, the best way to attract more people is to research which segment you are not currently capturing, and target that segment, either will a discount, or with extra promotion.