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Lessons from the Magic Kingdom

Walt Disney was truly one of America’s most successful entrepreneurs. Starting with nothing more than a rudimentary drawing of a playful mouse, he created an entertainment empire that now spans the globe, generates billions of dollars in revenue and attracts millions of people every year. But like all great visionaries, Disney had his detractors and naysayers. And he would face an ever changing obstacle course filled with difficult challenges on his road to success.

The investment and banking world scoffed at the concept of an amusement park for children and adults. So Disney got creative with his financing plans and made a deal with ABC to develop a TV show in exchange for investment money. On Disneyland’s opening day in 1955, the plumbers went on strike and Disney had to choose between working water fountains or working toilets. Thankfully he chose toilets. A sudden heat-wave turned the freshly laid asphalt into a hot-muck, with peoples’ shoes getting stuck and pulled from their feet. Disney had planned a soft-opening for the park inviting a few hundred friends, family and business associates. However, someone printed up over 20,000 counterfeit tickets – causing a mob scene and overcrowding of the amusements and facilities. Almost every ride broke-down during the first day. The Mark Twain riverboat, packed with almost 500 people (there were no capacity rules in place) listed dangerously from side to side as visitors moved about to see the sites. Due to the many opening day disasters, newspapers were filled with negative reviews and taunts that the park would not last long. arch-guide

Well as we know, Disney was able to correct the problems and learn from his mistakes – and the rest of his ride to the top of Success Mountain was purely magical. {Sarcasm intended} While we all admire people who persevere though difficulties – the true lessons that we can learn from Disney is how he achieved success and then put a plan in place to keep it going for more than 70 years and long after his passing. When the park first opened, it had 5, themed lands and a total of 18 attractions. Today, Disneyland alone boasts 8, themed lands and 87 attractions. And while many of the main attractions such as Snow Whites Castle and Frontierland remain, they are constantly being upgraded to appeal to both new and existing customers. Disney and his team knew that to keep people coming back year after year they had to continuously develop new rides, attractions and entertainment venues.

The same strategy applies to our industry. Our salons attract the most appearance conscious consumers in the world. Therefore, we have to always be on the alert for new products, equipment and services that will keep existing customers loyal while at the same time attracting new customers. Thirty years ago, the typical salon offered customers a couple of 24-lamp tanning beds and a few bottles of lotion. Today, salons offer a variety of UV-tanning systems, spray tanning and a vast assortment of lotions, moisturizers, shower gels, lip balms, etc. However, today’s true visionaries are building on this foundation and offering new products, equipment and services that appeal to a wider audience – and not just people who want a tan. To keep up with changing demographics, salons are adding weight-loss and weight management systems, light-fitness equipment, massage therapy, etc. They are also selling supplements, energy drinks, anti-aging products, beauty products and apparel. And they have learned that the most effective method to market these products and services is via cross-promotion and bundling. That is, creating reasonably priced all-inclusive packages as well as using free sessions on select tanning systems, weight loss devices etc., as an incentive to stimulate sales for everything. This strategy provides an advantage that even Walmart can’t match!

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