An Amazing Business Made by: Potr î mba Iana Student at ASEM FB 28K
An amazing business
$600 million-a-year Entertainment Empire
A devoted public that will pay almost any ticket price (from $40 to $195) to see the elaborate shows
The cost to stage one of the performances ( Kà )-
$ 165 million.
Cirque du Soleil
“ Circu s of the Sun ” founded in 1984 by Guy Laliberté ;
Tacticts :
1.Promote the show;
2. Find not easily replaced performers;
3.eliminate spoken dialogue;
4. cut out expensive and controversial animal acts.
4 . 000 employees from 40 countries ;
17 shows în 271 cities ;
INCOME – $ 810 mil lion/year;
AWARDS: Emmi, Bambi , Drama Desk.
minimal EXPENSES
A permanent theater, can cost upward of $25 million and require three years:
To conceive;
Cast;
Design;
Train;
Produce.
Shows
Saltimbanco (1992; 2007);
Mystère (1993);
Alegria (1994);
Quidam (1996) ;
«O» (1998);
Varekai (2002);
OVO (2009)
Cirque du Soleil expects to generate $600 million in sales next year.
1994
1992 / 2007
Cirque generates about 80% of its revenues at the box office.
The rest of the money from show- related merchandise, including custom clothing and DVDs of Cirque touring productions such as Quidam and Varekai .
2002
1996
Cirque Du Soleil “offline” show scored $1.6 million in funding tied to a celebration of the 450th anniversary of Canada's discovery .
2009
As a Good Competitor in business, IT can teach :
about recruiting and retaining supremely talented specialists ;
coaxing extreme creativity from a diverse band of employees ;
building a powerhouse global brand
Hierarchy of beloved brands in 2004:
Cirque du Soleil ( No.22 );
Ahead of the brands:
McDonald's;
Microsoft;
Volkswagen ;
and (ouch) Disney .
Costumes
În 2008 – 25.000 costume s ;
3.000 pairs of shoes/year
Show “Mystere” – 2.000 sparkles on a costume ;
Show “O” – 2 months to sew a costume .
America Oceania Europe Asia
Europ e – 15 countries Austria Belgi um Ir eland Denmark German y Finland Fra nce Great Brit ain
Nor way Holand Portugalia Rus s ia Spa in S weden Switzerland
=
C hildren (0-12 years ) -74,80 euro Adul ts – 93,50 euro C hildren (0-12 years ) -60,30 euro Adul ts – 75,90 euro C hildren (0-12 years ) -51,70 euro Adul ts – 64,90 euro C hildren (0-12 years ) -39,60 euro Adul ts – 49,50 euro
25 years – it is just the beginning
Strategy in business
"It's part of who we are. Every time we come in a comfort zone, we will find a way to get out, because being comfortable in our business is very, very dangerous."
" We like to take risks ” Daniel Lamarre , president and COO of Cirque du Soleil.
Gal ery
Inspire yourself to create together with the C i r q u e d u S o l e i l
Happy end
Thank You!!!
Vocabulary
Flawless - 1. Being entirely without flaw or imperfection;
Bizarre - 1.Strikingly unconventional and far-fetched in style or appearance; odd, fantastic ;
Training to skirt death- to work very hard ;
Conceive-1. to form or develop in the mind; devise: conceive a plan to increase profits.
2. To apprehend mentally; understand: couldn't conceive the meaning of that sentence.
3. To be of the opinion that; think: didn't conceive such a tragedy could occur.
Cutting-edge - in accord with the most fashionable ideas or style; "wears only the latest style";
Cohesive - 2. tending to cohere or stick together. Ex: cohesive story line .
Pitch - To attempt to promote or sell, often in a high-pressure manner . Ex: pitched a touring version of the show.
Quirky - An unpredictable or unaccountable act or event; a vagary. Ex: launch his quirky circus into international prominence.
Lavishly - in a wasteful manner; Characterized by or produced with extravagance and profusion
Staggering- Causing great astonishment, amazement, or dismay; overwhelming: a staggering achievement; a staggering defeat.
Launch - To introduce to the public or to a market: launched the new perfume with prime-time commercials on the major networks.
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