Here is your NoSpin Debunker for December 4,
2003
A Marketing Lesson in Nickel-and-Diming from
Mickey Mouse
Webster's Definition--"..to nickel-and-dime: "To
succeed to obtain something gradually by the repeated
expenditure of small sums or the slow gathering of votes,
power, money, etc in small
increments."
It's a classic pricing approach that many
businesses use successfully to suck people in with a base
price (typically, one that is seemingly reasonable or low)
-and then once they've got them signed up or otherwise
"captured," pour it on with (high profit margin) extras that
are either required or virtually can not be avoided. Buyer
beware-and especially first-time buyers.
The Walt Disney Corp plays the nickel-and-dime
game to the absolute hilt. While Disney knows that price is a
factor for most consumers, it knows that once they have you on
premises at their 50+sq mile Walt Disney World acreage (or
DisneyLand) or one of their cruise ships, that they
essentially "own" you. Continual add-on charges give the
illusion of making the overall price more palatable (vs a much
larger upfront charge). They also know, of course, that we as
parents are even more at the mercy of our children's wishes on
Disney property.
A Thanksgiving Disney World Vacation to
Remember
Last week I returned with my family from a 7-day
sojurn at Disney World in Orlando and Disney cruise in the
Bahamas. It had been over 25 years since I'd visited this USA
tourist-Mecca, and cruising on a big ship was something I'd
never done before. So I was basically a Disney novice. The
vacation was lots of fun--and being able to do it with several
of relatives whom we rarely get to see--made it very
special.
Disney's entertainment and overall service
(especially on the cruise) were first-class, and the food on
the cruise was very good (which surprised me). Bus service to
and from the hotel and parks was lousy (and I can't imagine it
during true peak times of year), and food (besides being
overpriced) at the parks was abysmal, but that didn't really
surprise me.
Still, in spite of our overall positive
experience, there was something that gnawed at me from the
first few moments of entering our Disney operated hotel room:
that there was virtually no avoiding being nickel-and-dimed
for the 7-day duration, and that I was going to get taken not
for merely a few more nickels and dimes, but a bunch more
money (than the "package" purchased). My feeling of getting
"gamed" didn't ruin my experience there, but it will give me
pause to consider another such trip in the near or distant
future. Next time, there are many more relaxing, fun venues
for kids of all ages at similar or less cost.
The Quasi-All-Inclusive
Package
Disney uses incredibly creative
"quasi-all-inclusive" packages that are pretty tough to
decipher (even with the additional information that you get
AFTER you're signed up). Most all-inclusive packages (e.g.
Sandals resorts, etc) are a lot more clear-cut: you really
only pay for incidentals and merchandise. Disney's
quasi-all-inclusive packages are adventures into mind-blowing
additional drainage of the pocketbook. Disney's base packages
themselves are not inexpensive-as many of you, I'm sure,
already know-and certainly vary according to time of year,
etc. But Disney undoubtedly makes a lot more profit from the
other stuff that you have zero-or very little-choice in
avoiding. That's where the nickel-and-diming comes in.
Within 10 seconds of entering our clean but
basic hotel room on the Disney World premises (and before I
could intervene), both of my young children grabbed 2 very
accessible Mickey Mouse mugs by the TV, ripped the top
cellophane off, and I'd just spent my first "nickel-and-dime,"
actually $24 worth of plastic. That eye-opener was merely the
beginning. I expected to pay for some merchandise, various
odds and ends, and alcoholic drinks, and I was under no
illusion that there would not be additional costs. But I
hadn't a clue.
Where Money...Evaporates
The next eye opener was that there was no coffee
pot in the hotel room, a true rarity these days. Unless you
are asleep, Disney does not want you to spend time in their
small and fairly stark rooms. They want you to spend more
money in the parks, in the shops, restaurants, etc. Coffee, I
found out the next morning, was $2.00 for a small cup in a
place off the lobby, but of course I hadn't remembered to
bring one of the Mickey cups for a "free refill" (and my room
was a serious walk from the lobby--and I forgot the next day
as well). Too bad too sad, without my Mickey cup.
I won't bother to list all of the other Disney
nickel-and-diming, but a few other examples
included:
- Even standard activities (excluding obvious
extras like parasailing) on Disney's Castaway Cay, such as
snorkeling ($25 per person) and bike riding (a mere $6 per
hour/person), and rafts etc were all extras.
- Soft drinks on the ship (vs. water or juice)
were an extra couple bucks each, but of course you could
purchase a different $20 Mickey mug (per individual) to use
on the cruise for 4 days-and get refills (and, if you
remembered to tote it around at all times).
- "Smoothies" for kids at dinner (on the cruise)
were an extra a few bucks apiece (not a big deal), but
prices were not mentioned on the menu, other kid drinks were
free. And guess what the servers offered first to the kids
(and which of course, they then demanded each evening):
smoothies. The servers are well trained.
- Gratuities for 5 different sets of cruise ship
servers, etc on the boat were an additional $200 minimum
ante (excluding other individual gratuities added) that is
mentioned after you sign up; service was excellent but
come on...
- Etc, etc... oh, and of course there was the
old trick of offering 2 for one beach drinks and use 1/2 or
less the alcohol per drink.
Don't get me wrong, there were lots of good
things included in Disney's base package, but somehow that
made the nickel-and-diming approach (per above) stand out even
more.
Perhaps I'm just getting to be an old
fuddy-duddy at this point in my life, but my gut reaction as a
buyer and a business person was that we got gamed some by
Disney. Certainly, though, Disney has truly made an art and
science out of nickel-and-diming its patrons for maximum
profit.
The Pitfalls of Nickel-and-Diming
While it may not be unethical doing business by
nickel-and-diming, there is more than a bit of deception by
most companies that use it.Some companies can get away with
it--at least for awhile. But personally, I think that there
are a lot of customers out there who respond to clear product
and service pricing options (which may certainly be
variable)--and not being gamed by the seller. That's not to
say that you should lead with pricing in your marketing
strategy--or not always try to re-market to current
clients--but rather that you avoid the temptation to take the
buyer to the cleaners.
For buyers who are completely price insensitive,
there's obviously no issue. But for most buyers who do use
price as at least one important factor in their decision, you
may get them the first time--but probably not the second. And
those folks who do perceive that they were
nickel-and-dimed--even many those that had a relatively
positive experience--are going to tell others.
Am I giving the multi-billion dollar Walt Disney
Corporation advice not to nickel-and-dime? Since they are one
of the premier brands and companies on the planet, that would
be more than a little presumptuous, and I seriously doubt all
the recent Disney Board of Directors turmoil (Roy Disney and
another long time Director resigned last week) revolves around
this issue. But there's more than one way to skin-a-cat when
pricing and marketing your services successfully. And any
business can avoid nickel-and-diming and decide to use other
pricing strategies to their respective benefit.
PS. If you are contemplating a Disney package,
my advice is to add at least 25-33% to the package cost when
you are looking at the price tag. Then make your informed
decision. And then enjoy your time with Mickey and
friends!
Back to work, so that I can pay some of those
Disney bills. And if you need any marketing help to get ready
for 2004, please give me a buzz or email
me.
615.383.7157