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Disneyland in a Foreign Country

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In 1955, Walt Disney opened an amusement park in Anaheim, California, which changed the way that Americans, and the world, viewed such entertainment. Once the domain of carnival hucksters, amusement parks underwent a significant makeover at the hands of the head of the Disney Studios. Through shrewd marketing, including a tie-in to a national television program, Disney successfully marketed Disneyland as a unique entertainment experience and made his theme park world famous. In the mid-1960s, plans were made for a second park, this one located in Florida, which was significant larger than the Anaheim park and which opened in the early 1970s. A third theme park opened in the 1980s in Tokyo, and a fourth in Europe in the early 1990s. The company also operates resorts at each of the theme park sites (with the exception of Tokyo). This research considers where Disney might consider locating a fifth park, and takes into account some of the marketing tools which would be used to promote the new location.

It is important that a company undertake international marketing with the same care and consideration that it uses when introducing a product domestically. This means that the company needs to understand the key features of the target market. Such features include the size of the market and its anticipated rate of growth, the stage of development that the market is in, the stage of the product lifecycle that the company wo

. . .
ued solid economic growth, with very little in the way of unfavorable indicators. For the 1994-95 financial year, business investment is estimated to have grown by 18 percent, with plant and equipment investment up 23 percent over the year before. Higher mortgage interest rates have had an opposite effect on private dwelling investment, which is estimated to have grown only four percent in 1994-95, with a 13 percent decline predicted for the following financial year. This is indicative of the fact that consumer interest rates currently approximate their highest real values in Australian history. Australia's excellent climate and natural features make tourism a growth sector with continuing potential to attract foreign visitors, especially from the increasingly affluent countries of Asia. Accordingly, all of the industry sectors associated with the provision of tourism facilities, products and services are expecting gains in coming years. The tourist industry is a vital component of the services sector, contributing greatly to overall GDP. The industry grew by seven percent in 1993, and by three percent in 1994, with tourist accommodation receipts totaling over $2.8 billion. There has been a concerted effort by
. . .

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Approximate Word count = 5212
Approximate Pages = 21 (250 words per page)

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