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Home » Why Disney's MagicBands Are a Cash Cow in the Making

Why Disney's MagicBands Are a Cash Cow in the Making

July 18, 2014
The Motley Fool

Worn on visitors' wrists, MagicBands link to the company's new guest planning management system, MyMagic+, which allows guests to book reservations and keep track of their trip from an app on their computer or smartphone. Using MyMagic+, guests can link their credit card, hotel reservations, park tickets, FastPass+ reservations, and PhotoPass card to their MagicBand, which they keep around their wrist throughout the trip.

MagicBands contain an RFID chip, and with a swipe of their wristband near a scanner, guests can access all of these aspects of their trip throughout the resort. Scanners are placed throughout the parks, hotels, shops and other points of interest. Also, hidden long-range scanners set up throughout the resort keep track of where guests are during their stay.

After Disney spent over 100m to make the project a reality, will MagicBands and the MyMagic+ system be profitable and produce a significant ROI?

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    KEYWORDS Bar Code and Voice Business Strategy Alignment Disney Supply Chain Food and Beverage High-Tech/Electronics Retail retail supply chain RFID RFID & Barcode Supply Chain Management: RFID supply chain solutions supply chain systems Technology The Motley Fool Wireless
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