Yuval Golan Professor Riccardo Tiscini
Yuval Golan Professor Riccardo Tiscini
Yuval Golan Professor Riccardo Tiscini
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<strong>Yuval</strong> <strong>Golan</strong><br />
Barter Online Platform<br />
their “starness”.<br />
Laliberte reinvented the market- and created an uncontested market space that made competition<br />
irrelevant. He did so by the several sophisticated techniques, which required deep analysis and<br />
understanding of the industry where his business was operating.<br />
By eliminating the use of animals he reduced costs such as training and most importantly detached<br />
his business from animal right activists.<br />
He also figured that circus artists are not stars as they were before and were replaced by today’s<br />
movie and TV celebrities.<br />
He discovered that the circus has 3 main critical elements:<br />
1) The Clowns 2) The Tent 3) Acrobatic acts<br />
Cirque du Soleil kept the clowns but modified their role to become artistic, enchanting and<br />
sophisticated.<br />
They glamorized the tent and the seats to create comfort that was pertinent in order to attract new<br />
types of clientele. These ex-non-relevant customers were willing to pay higher prices for the show<br />
and to visit it numerous times a year.<br />
Acrobats and performers were kept but their roles repositioned as secondary and their performance<br />
changed in order to add to it an artistic flame.<br />
Cirque gave people a reason to come to the circus more often since it offered a smart combination<br />
of different arts such as theater, ballet, circus and opera.<br />
In 2010, Cirque Du Soleil reported $850 million in revenues, approximately 100 million viewers<br />
since 1984 and forecast of 15 million viewers for 2012.<br />
In less than 30 years of existence, they have gained profits, which the circus industry as whole did<br />
not achieve in a century.<br />
Blue and Red Oceans- although the terms seem new, blue oceans always existed and will remain<br />
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