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An Environmental Analysis for
(Marvel Entertainment)
Yolanda Brown)
Full Sail University
Project & Portfolio II: Business and Marketing
(12/7/2019)
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The STEEPLE Analysis (Include Citations)
PROVIDE at least one observation for each of the seven elements of the STEEPLE analysis
(you can make more). These should be full paragraphs that include explanation and detail.
These observations should also help you to make statements that go in the SWOT chart, below.
Remember to put a âshort formâ citation in APA format after each observation here, and list the
corresponding APA âlong formâ reference in the Reference section at the end.
Keep the focus on the division/brand. You may observe something that affects the parent
company or the industry, and which will affect the division/brand, too. Itâs okay to include those
observations, but always remember itâs the division/brand youâre working for. Not the parent.
SOCIOLOGICAL:(#S1) Marvel has one of the biggest fanbase in the world right now and it is
constantly growing. Marvel has evolved from comic books as far back as 1939 to the present
day with blockbuster hits such as Black Panther. They were acquired by Disney in 2009 and
with Disney behind them they were now able to make the big budget movies that bring in a
constant flow of cash for both Disney and Marvel, mainly Disney. Marvel tries to stay as true to
the superheroâs persona as possible, but that not always the case, to give the vintage audience
a sense of nostalgia (Kochur, R., 2016).
TECHNOLOGICAL: (#T3) In the Black Panther comic book the people of Wakanda wore
Komodo beads around their wrist. These beads are now compared to a smartwatch, they can
predict your health, remember your life history, and medical history. X-Men mansion had the
Danger Room which was voice activated and did things that you asked of it like home
automation. Marvel Entertainment has always been an innovator in technology, we just didnât
know it (Cink, L, Belton, L., 2019). Marvel has been adapting digitalization at a faster pace than
its competition, DC comics. Marvel movies are not but pure technology with the wild scenes in
their movies.
ECONOMIC:(#S3) Marvels Avengers: Endgame had record breaking numbers at the box office
with $1.2 billion globally. Predictions have stated that Marvel may gross $5 billion by the end of
2019 (Hughes, M.). Marvel has been dominating the movie industry for eleven years straight,
so it doesnât surprise about the numbers they are receiving at the box offices. Captain Marvel
grossed $1.1 billion this year as well, combined with Avengers: Endgame they have already
grossed $2.6 billion. Marvel has a roster of over 8,000 characters so I highly doubt they are
going to slow down on making the blockbuster movies. With all the money that they are earning
globally I see no plans of slowing down with production especially when they have the budget to
continue to create these movies.
ECOLOGICAL: (#O2) Marvel has partnered with many different companies over its eighty-year
history. Sony, Hasbro, and Amazon are just a few to name. Each company brings something
to the table to help Marvel increase its cash flow. Sony and Disney came to an agreement to
allow Marvel to produce Spider-Man which is one of the most famous superheroesâ ever in his
upcoming film that is expected to be released July 2021. Hasbro has signed a deal to distribute
Marvel merchandise which is expected to bring in $80 million for both companies. Amazon is
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privy to exclusive merchandise that you can only get on their website which is going to bring
more money in for them as well.
POLITICAL: Art Spiegelman, well-known writer, withdrew an essay from Marvel compendium
after editors resisted his comparison of Donald Trump as a villain. Spiegelman was asked to
write the introduction to Marvels 80th
anniversary special edition book. He has referenced
Trump as an âOrange Skullâ, which was a comparison to the Red Skull. Red Skull was an evil
villain in WWII that Captain America had defeated. When he was asked to remove the line from
his writing he refused and the Folio Society told him that was a deal breaker and they didnât
publish his writing (Romano, A., (2019).
LEGAL: (#T1) In 1990 Stephen Kimble obtained Patent No. 5,072,856 for a toy that children
could shot a high pressurized foam substance from the palm of their hand. Kimble went to
Marvel with his invention to sell. During the contract negotiations Marvel started marketing a toy
called the Web Blaster, which was the same toy Kimble brought to them. Kimble sued Marvel in
1997 for breach of contract and patent infringement. Marvel settled with Kimble for $500,000
and three percent running royalties on future sales of the Web Blaster and similar products
(McGraw, M. 2017).
ETHICAL: (#W2) Out of all these blockbuster movies that Marvel have put out since 2008,
Captain Marvel was the first female lead superhero movie. The film was not well received with
fans like how her male counterparts were received. Marvel took so long to put out a movie with
the female as the lead because female fans were asking for it and it flopped. Marvel, which is
considered the Boys Club, didnât do a good job on promoting and backing Captain Marvel. Iâm a
huge Marvel fan and I was not impressed with this movie. I for sure thought it was going to just
the others, but the storyline fell flat. The lack of female variety in very controversial in the comic
world, they arenât giving the women the attention (Phillipson, D., 2019).
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The SWOT Analysis (Citations optional)
Provide at least three statements in each of the four sections of the SWOT chart: Strengths,
Weaknesses, Opportunities and Threats. Include explanations and details within the chart that
make your points clear. A phrase is not enough. Each point should be a short paragraph.
HELPFUL HARMFUL
INTERNAL
STRENGTHS
1. Marvel has a strong presence with the
branding it does to get fans to want more.
For example, fans stay to watch the
ending credits of the movies to get a hint
or small piece of information for the next
movie that will be coming out. They feed
the fans information piece by piece
building up to the new movies release.
2. Marvel is s very recognizable brand
which draws a huge fanbase. Marvel
success is dependent on the characters.
Marvel is a brand that is recognized
worldwide. It has been around since 1939
with loyal fans that want to relive their
younger years though the new movies.
3. Marvel has over 8,000 characters on
their roster so they can make movies until
the end of time. Black Widow, The
Eternals, Shang-Chi and the Legend of
the Ten Rings, and Doctor Strange are
just a few. They want to keep you wanting
more. The reason why they are able to
continuously put out movie after movie is
because they have an arsenal of
characters.
WEAKNESSES
1. Marvel is targeting boys mainly
teenagers or younger. This is limiting their
fanbase and revenue as well. If they
targeted a broader audience, then their
demographic number would be higher in
older adults.
2. Marvel has a lack of female
superheroes. There are a lot of female
superheroes, but Marvel is mainly doing
films where the man is the main
character/superhero. They are losing an
audience could up their revenue.
3. Doesnât have a strong diversity of
characters in their movies. At 69% the
majority of superheroes are Caucasian.
That means that more than 3 out of every
5 actors are Caucasian.
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EXTERNAL
OPPORTUNITIES
1. Globalization has led to opportunities in
the international market. Marvel is in a
prime position to tap into opportunities and
grow the market. Growth in the
international market can help Marvel
diversify the risk and become less
dependent on the domestic market.
2. Aggressive marketing focuses solely on
entertainment, licensing, and publishing.
Hasbro has guaranteed an additional $80
million in royalty payments to Disney for
licensing Marvel products. This marketing
is geared towards males <18 which is the
biggest demographic at this present
moment.
3. They host events and panels where
fans can come and see the characters in
person. This year they celebrated their
80th
birthday with a weeklong event. They
gave fans an opportunity to ask questions
and fulfill lifelong dreams of meeting them.
They partnered with Amazon, Box Lunch,
and FYE to host the celebrations well by
having exclusive merchandise, special
offers, and giveaways to fans.
THREATS
1. Marvel has been sued on several
occasion for infringement. They were
sued in 1997 by Stephen Kimble for
stealing his idea for the Web Blaster he
created. In 2013 he was sued by the
family of Jack Kirby for rights to over 262
works that were published.
2. Marvel has more that DC comics as a
competitor. Dark Horse, Image Comics,
and Valiant are just a few competitors that
they face in the industry. These
competitors are not backing down from
the conglomerate that is Marvel.
3. By not sticking to the history of
characters fans are losing interest in the
movies. Marvel fans are very picky about
how their favorite superhero is depicted.
Marvel should tone it down on the
exaggeration of the characters and try to
be true to the characters and his/her
likeness.
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Conclusions: (Include Citations)
Findings lead to Conclusions. In two or three well-developed paragraphs, provide conclusions
for the company based on your analysis of the findings. This means talking about the meaning
of your findings. For instance, is there growing negative feedback from customers based on
perceived changes to quality? Then it would be fair to say that the brand probably has a public
relations crisis looming in the near future.
Try to assess the fit of the current market position for your product. How does it compare to its
competitors and its industry as a whole? Where does it excel? Where can it improve? How does
the companyâs financial health factor into what it can and canât do?
With this exercise, you should begin to identify what questions your client hired you to answer.
Note what should be new goals and actions for the future. Note whether there should be any
changes to product/service line, target market or message. You will elaborate in Week 4 when
you make specific, future oriented and actionable recommendations for your company.
Marvel Entertainment has been a force to reckon with since 2008 when The Walt Disney
Company acquired them. They have shoveled out blockbusters such as Iron Man, Black
Panther, and Avengers just to name a few. Since 2008 Marvel movies have grossed $18 billion
dollars from tickets sales, merchandise, and other product. They are a very marketable and
profitable company because they have a global fanbase that is loyal and persistent. They have
crossed over into international waters by getting foreign actors to play the superhero role. By
doing that they have secured a more international fanbase. Over the past eleven years their
movies have been in the top ten compared their competitors movies released at the same time.
Marvel takes B-list superheroes and bring them back to life with their movies. Marvel has
scheduled movie releases all the way into 2021 and beyond. With over 8,000 characters on
their roster there is no way that they plan on slowing down with these blockbusters. They are
expanding their business day by day by partnering with some of the biggest businesses in the
world allowing fans to have more access to Marvel.
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References:
In APA format, list each reference you used (at least five). Each reference in this section should
have a corresponding âshort formâ citation in the STEEPLE section or the Conclusions section.
Belton, L., Cink, L. (Mar. 1, 2019). Retrieved Dec. 8, 2019, from
https://youtu.be/-j-R87d18oo
Chitwood, A. (Nov. 16, 2019). Retrieved Dec. 8, 2019, from
https://collider.com/upcoming-marvel-movies/#black-widow
Hughes, M. (Apr. 13, 2019). Retrieved Dec. 8, 2019, from
https://www.forbes.com/sites/markhughes/2019/04/30/marvel-studios-could-top-
5-billion-in-2019/#5e59e8817a30
McGraw, M. (2016). Retrieved Dec. 7, 2019, from EBSCO Host
http://web.b.ebscohost.com.oclc.fullsail.edu:81/ehost/pdfviewer/pdfviewer?vid=7
&sid=9640e5ff-f927-4ad0-847c-6fb674f2862b%40pdc-v-sessmgr05
Romano, A. (Aug. 20, 2019). Retrieved Dec. 8, 2019, from
https://www.vox.com/culture/2019/8/20/20812333/art-spiegelman-marvel-comics-
backlash-essay-trump
Phillipson, D. (Mar. 14, 2019). Retrieved Dec. 9, 2019, from
https://www.digitalspy.com/movies/a26819388/captain-marvel-female-
superheroes/
Spangler, T. (July 2013). Retrieved Dec. 8, 2019, from
https://variety.com/2013/biz/news/hasbro-extends-disney-pact-for-marvel-star-
wars-toys-and-games-1200566115/