Pragmaticlive

Pricing Case Study: Why Disney Should Charge MORE for Their $6,000 Hotel Room

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Sinopsis

This is part four of a four-part series with pricing expert and Pragmatic instructor Mark Stiving. Each new episode will feature a case study on current pricing trends.   In this episode of Pragmatic Live, Rebecca Kalogeris, VP of marketing for Pragmatic Institute, and Mark discuss the immersive Star Wars experience that comes at a premium price.   “This story is all about price segmentation. Disney doesn’t need to sell to everyone who comes to the park—just a few people.” - Mark Stiving   They discuss: The reason why people buy the $6,000 hotel room at Disney: Star Wars: Galactic Starcruiser Why Mark thinks the hotel Room is underpriced How comparison helps the buyer justify pricing structures Want to Learn More About Pricing Strategies? Pragmatic Course: Pricing | $1,195 Learn more about pricing segmentation in the Price course. You’ll also learn how to determine market value and how to maximize your profit while minimizing discounting. You’ll be introduced to several pricing tools including: Product Port