Disney Quote by Tom Wainwright
““Disney has diversified not through its key skills—after all, running a theme park or a cruise ship has little in common with making a cartoon—but through its audience. The people who go to Disney’s theme parks or buy its branded clothes are the same people who enjoy watching its cartoons and movies. This strategy—launching completely different products, aimed at existing customers—is horizontal diversification in action. How””
About This Quote
Source Speech: Business Strategy Talk, Tom Wainwright, 2023
Disney expands by leveraging its existing fan base to sell unrelated products, illustrating horizontal diversification.
In simple terms: Disney uses its audience to sell many different things.
Leverage loyal customers for new product lines.
Themes
Mood
Type
When to use this quote
- Theme parks
- merchandise
- media streaming
- live events
- cruise lines
Key Concepts
Questions to Reflect On
- How can a brand maintain quality across diverse categories?
- What risks arise when expanding beyond core expertise?
May overlook core competencies, risking brand dilution.