Table of Contents INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 P1 Explain the key role and responsibility or marketing function...............................................1 P2 How role & responsibility of marketing function related to the wider organisational context ......................................................................................................................................................3 TASK 2...........................................................................................................................................4 P3 Compare different hospitality organisation and apply marketing mix for the achievement of goals & objectives........................................................................................................................4 TASK 4............................................................................................................................................7 P4 Produce marketing plan for the hospitality organisation........................................................7 CONCLUSION..............................................................................................................................10 REFERENCES..............................................................................................................................11
INTRODUCTION Market essential is combination of basic market or management theory which help in the business to implement these practices to achieve organisation goals & objectives (Bao, 2018). It include different type of strategies and policies which is required to followed by the company to expand their business. With the help of market essential, managers build effective strategy which can promote the business in order to acquire market share. Organisation have to analyse the market because if they does not analyse in proper way then it can affect the whole business and it's operational functions.Travelodge Hotels Limited selected for the better understanding of this concept. It is a private company which operates in hotels & hospitality sector across the UK. It is a second largest hotel sector in the UK nation after the Premier Inn. This report include the various topics such as role of marketing and it's interrelated functions in hospitality sector. Along with this, it include the comparison between companies of the basis of marketing mix. In addition, develop a market plan to meet the marketing objective for the organization. TASK 1 P1 Explain the key role and responsibility or marketing function Overview of the organization:Travelodge Hotels Limited is a private sector company which established in 1985 and key people of the organization are Keith Hamill or Peter Gower. It's headquarter in Thame, England, UK and it is a second largest hotel in terms of hotels or number of rooms which is about 40,847. Company serve in three location, first is UK where 500 hotels, 11 in Ireland and 5 in Spain. Currently 11,000 employees work under this organization and hotel revenue is £637.1 Million. Roleandresponsibilityofthemarketingfunctions:Marketingfunctionsisa combination of various activities which help the manager to promote their business in order to increase their sale which automatically increase the profit margin of the company. It is important for the Travelodge Hotels Limited to know about role and responsibility of marketing functions which help the to identify the area where they have to work to increase their productivity. Basically marketing function help the business to achieve their goals, increase customer, profitability etc (Beck, 2017). So marketing department have to perform various functions which is discussed below: 1
Market research:Main role of the marketing function is to done intense research about market where they identify the requirement or demand of the customer. Marketing manager have to conduct research to collect the information which further helps in developing marketing strategyregarding product and services they offer to the customer. Manager of Travelodge Hotels have to perform this function and analyses the market for the better understanding. On the basis of their research, company build marketing strategy for the achievement of business goals & objectives. Company need to analyze UK market and then take appropriate decision in respect of the organization. It help the Travelodge company to become aware about latest marketing trends. Gathering information of customers:Organization can gatherinformation through various survey which help the researcher to identify the need or demand of customer related to the particular product or service. These information help the manager to build effective strategy on the basis of customer desire (Berndt and Wayland, 2014). In Travelodge Hotels Limited, marketing manager to gatherinformation which help them to build strategies for the visitors or satisfy their need to demand. It is a responsibility of themanger to provide those services to the customers which fulfill the need or purpose to visit hotel. It will be done only after identify the need of clients. So company provide those activities which acquire the demand of customer which provide them satisfaction, so it is the important role of marketing function to gather the information of customers. Identifying future risk:Before implementing any plan, organization have to analyze the future risk. Because if it is not happen then business have to face various problems which affect the productivity as well as profitability. So manager of the Travelodge need to analyze future risk and then build various strategies according to it. It is the biggest role which played by the marketing function in order to reduce risk which further increase the productivity or profitability. Company's manger have develop strategy, which attract more visitors and it will happen when company already analyze the future risk and build marketing strategy. Selling:It is an another function of marketing department to sell their products or services to achieve their goal & objectives. With the help of marketing, manager enhance the awareness about their product or service which they offer in the market to satisfy customer need or desire. Marketing function help ti increase the sale through effective strategies which increase 2
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the productivity also. In the Travelodge limited, manage develop effective techniques which improve their services and it further increase the profit margin of the company. Above mention role & responsibility of the marketing function help the Travelodge company to increase their demand in market which attract the customer which automatically increase the profitability. It increase the business to run smoothly and able to achieve their goals & objectives. Travelodge use effective strategy which increase the profitability because it is the ultimate goal of an private organization (Browning and Sparks, 2013). P2 How role & responsibility of marketing function related to the widerorganisationalcontext Their are various marketing functions perform by the organisation in order to fulfil their role and responsibility. It will be discussed below: Illustration1: Organization Function Reception Service:It is the initial step where customer visit for the first time and behaviours of the hotel receptionist is the most important because it provide the impression of hotel staff. InTravelodge, staff members have to be corporate with customer and resolve their 3
issues & other queries. If customer satisfy with the service or behavior of hotel staff then they will approach or appropriate to others. Booking: Another function of the company is confirm their booking through online mode because customer does not want to waste their time to visit hotel and then check weather room is available or not. Marketing department help the organisation to perform this function in order to save customer as well their office staff time. Customer can book online and communicate with customer service number for the more information (Dileep and Mathew, 2017). Human Resource:Employees or other members of theTravelodge Limited help to fulfill marketing activities. Staff members need to be very cooperative and polite with their nature which make customer comfortable. Main function of the human resource department is to hire those people who help the organization to increase their productivity through provide effective services to satisfy more customers. Room Division:Another function is to divide the room according to the requirement of customer. In theTravelodge Limited, manager divide the room in set of single, double or 3 bed set. So customer can choose according to their need and pay as per those services which they use. Prepare a room set which have all required facilities such as clean washroom, room and other facilities. Set the affordable price range where customer have will to pay without any regret. Food & Beverage:Travelodge company promote themselves in a online mode which a effective medium of promotion. Company provide food and beverages for the customer to satisfy them or enhance their service quality for the more satisfaction level. Marketing department also done this activity to increase satisfaction level of customer and their experience too. Above discussed function help the marketing department to perform their activities in order to increase their profitability. Staff members of the company have to cooperate with customers which help the organization to expand in the market (Dixit, Lee and Loo, 2019). TASK 2 P3 Compare different hospitality organisation and apply marketing mix for the achievement of goals & objectives Marketing Mix: Marketing MixTravelodge LimitedSainsbury's 4
ProductProductofhospitalityorganizationis room or other relevant services which they offer to the customer to satisfy their need.Travelodge company offer quality services to their visitors which satisfy theirneeds.Theyprovidefacilityto choose their room and required facilities too. If services not good then is create difficulty to attract customers. Company offer quality product to theirconsumerswhichhelpto increase their customer and their loyaltytoo.Becauseofgood qualityofproductcompanywill takeadvantageofitandtryto retain theircustomer in order to achievetheirgoals&objectives (Florence,MisikoandWaweru, 2015). PlaceHere, organisation have to build strategy regarding the location where they have toestablishhotel.Becauseareaalso affect the business. So, company have to build their further strategy and choose the location near railway station, airport or near visiting place. Sainsbury's choose the location for their shop where various developed colony already have. Need to select crowded area then it provide the more benefits. Because location matter a lot to attract more customersanditimpactthe productivity or profitability. PricePrice of the rooms will be set according to the quality or facilities they offer to theircustomers.Travelodgecompany also provide the choice to select room according to their need or requirement. Company provide quality rooms to their visitorswithaffordablepricerange which make their visitors loyal for the fustiervisit.Travelodgeusing penetration pricing policy so lower class people can afford to stay in their hotels which is cost effective and provide best Sainsbury's using premium pricing strategy and provide high quality of product.Companytargetinghigh class of people who can easily pay high price for the quality product (Hofstede, 2017). 5
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quality. PromotionPromotionisapartofmarketing strategywhichhelptheTravelodge companytopromotetheirservices amongthevisitorsthroughvarious mode.Companyusinginnovative marketing strategy where they provide advertisement of their brand and also done online marketing which help the businesstoincreasetheircustomer. Marketing strategy help the organization to acquire huge market share in order to increase their loyal customers. Manager of Sainsbairy's also use theinnovativestrategytoattract morecustomersinheirstore. Companyprovidethevarious discounted coupons, festival offers which help the company to attract moreconsumertoincreasetheir productivityorprofitability(Liat and et.al., 2017). PeopleItincludethestaffmembersof Travelodge who deal with different type of customers on daily basis. So manager have to provide them a special training to deal or cooperate with them or make them comfortable to ask freely to sort theirquery.Inthehospitalitysector, human resources plays very important role because they direct or indirectly deal with the visitors so they required to be patient or cooperative. Sainsbairy's also required to hire skilledpersonforthesaleof product.Theyalsohavetohire those people who can understand theconsumer'sneedandfulfil through their effective service. So companyprovidevarious incentives of those employees who have excellence performance. ProcessIt include the procedure where visitor entered in the hotel and book their room. Visitor entered in the hotel and go to the reception, where manger ofTravelodge askthecustomerabouttheir specification regarding rooms. Manger Sainsbury'scompanyusethe effective process where they selling good from stores as well as through online mode where they provide the delivery option. After completing theirsale,staffmembertake 6
alsotakefeedbackfromcustomer regarding their services which help the company to measure their performance and their staff behavior for the visitors. feedback regarding product or other services because it will affect the organisation and their productivity. Manager make sure to implement thecustomer'sfeedbackwhich improve their services. Physical Evidence Travelodgecompanyofferthehotel servicesrelatedtotherooms.So company try to build effective strategy which make them different from other organization.Marketingdepartment buildinnovativeoruniquestrategy which attract the more visitors in their hotels. Companyoffervariousgroceries product and general items which is measuredintermsofquality. Sainsbairy'sproducequality product which satisfy the need to consumerwhichincrease productivity or profitability of the company. TASK 4 P4 Produce marketing plan for the hospitality organisation Marketing plan:It is a type of document which include the various strategy and it will be implement in the future for the effective performance. Basically, market plan include the overall overview of the organisation, it's goal & objectives. It also include the current position or current marketing strategy of the company and the develop another marketing strategy for the future. Marketing plan contain the list of action which they have to perform for the successful achievement of their goals. Which further provide the benefits and growth in the global market. AsTravelodge Limited introduce premium rooms which include the luxury services for their customers. So they build a proper marketing plan for the successful implementation which not affected by the new services. For the better understanding, company going to done SWOT analysis which help the manger of Travelodge to evaluate the response of customer (Malik and Sharma, 2019). SWOT Analysis:It is a strategic planning technique which help the organisation to identify their strength, weakness, opportunity or thread. After this analysis, manager build 7
strategy which is beneficial or in respect of the business to achieve their goals & objectives. Travelodge done SWOT analysis to evaluate their market condition and it is discussed below in tabular form: StrengthWeakness ï‚·Affordable price of the rooms with high quality of service which is help the business to increase customer loyalty. ï‚·Brand value ofTravelodge Limited is very good because it is the 2ndlargest hospitality company in UK. ï‚·Company have higher marketing share and they develop effective marketing strategy to expand their business. ï‚·Companyusingmarketpenetration strategy which negatively affect their upper class customers. They think that, hotel is for lower class people which affect the company. ï‚·Travelodge using innovative marketing strategy which is not always effective. Such asprovide coupons which can redeeminthenextvisitbutsome visitors are first and last timer such foreigners. OpportunitiesThreads ï‚·Super luxury room going to launched bythecompanywhichimprovethe image of company for the upper class people. ï‚·These rooms especiallylaunchedfor premium class people. ï‚·Due to high competition in hospitality sectors,Travelodge have to be always creatingandinnovativeintheir marketing strategy. ï‚·Their is a fair in the Travelodge that customernotalwaysacceptsnew innovationorchanges.After introducingpremiumrooms,lower class people think it is not for us and it affecttheorganizationandit's profitability. Strategic objectives:It is one of the strategy of marketing plan which include the long term strategy along with organizational mission or vision. Strategic objective of Travelodge 8
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Limited is to acquire high market share through innovation of their best services to the customer which increase loyalty and provide profitability. Vision: To increase their reach across the nation and provide quality service to their customer as well their loyalty regarding Travelodge Limited. Mission: To become first choice of the customers and provide attractive services which provide more satisfaction. As per their future strategy, they estimate about 10% profit margin in every quarter after implementing their marketing plan to launch premium rooms for higher class people. Also increase the number of visitors about 15% in the next year (HanNeuninger, 2017). Their is another way also which help the business to expand more in the market with the help of STP. It include segmentation, targeting & positioning and all of them discussed below: Segmentation: In this analysis, firstly company analyses the segment where they have to focus and it will be based on common interest, characteristics or need of the customer & market. Travelodge identify the market and then develop services which fulfill the organizational goals. Targeting: In this strategy, company target the specif segment which have same class or taste. Travelodge prepare effective strategy to attract more customer for the successful results. Positioning: Thisstageincludetheeffectivepromotionalstrategywhichhelpthe Travelodge to set their positive image in the mind of customers (Patsiotis and Atik, 2017). Marketing Budget: Particulars1st year2nd year3rd year4th year5th year Initial Fund80001100018000180009000 Investment30007000100003500018000 Total1100018000280005300027000 Marketing Spending Promotion1000080001200080003000 9
Online Booking50005000300060006000 Direct Booking50005000500060005000 Total2000018000200002000015000 With the help of this budget, manager of Travelodge company analysis the difference which provide the overall overview. After implementing marketing strategy measure the gap and for the recovery they have to build another strategy. Which provide benefits in order to increase their sale or increase profit margin. CONCLUSION From the above discussion it has been concluded that, marketing help the organisation to increase awareness about their product or services among the customer. Marketing function plays different role & responsibility which affect the company or increase the productivity or profitability. Along with this, marketing mix strategy help the organisation to identify the various scope where they can improve and get the benefits. In addition, marketing plan help the business when they develop new product or service in the market, soi they have to build and then implement for the effective results. 10
REFERENCES Books & Journals Bao, H., 2018. Marketing of Tourism Services/Experiences. InThe Emerald Handbook of Entrepreneurship in Tourism, Travel and Hospitality: Skills for Successful Ventures(pp. 261-275). Emerald Publishing Limited. Beck, J. A., 2017. Selling in the hospitality industry.Routledge Handbook of Hospitality Marketing, pp.160-167. Berndt, A. and P. Wayland, J., 2014. Evaluating the readability of marketing research textbooks: an international comparison.Journal of International Education in Business.7(1). pp.47-59. Browning, V., So, K .K. F. and Sparks, B., 2013. The influence of online reviews on consumers' attributions of service quality and control for service standards in hotels.Journal of Travel & Tourism Marketing.30(1-2). pp.23-40. Dileep, M. R. and Mathew, V., 2017. Marketing of Tourism Industry: Enhancing Services through Marketing Mix Elements. InStrategic Marketing Management and Tactics in the Service Industry(pp. 304-329). IGI Global. Dixit,S.K.,Lee,K.H.andLoo,P.T.,2019.Consumerbehaviorinhospitalityand tourism.Journal of Global Scholars of Marketing Science.29(2). pp.151-161. Florence, K., Misiko, A. J., Lewa, P. and Waweru, F. K., 2015. The Effects of the Marketing Mix on Choice of Tourist Accommodation by Domestic Tourists in Kenya. Hofstede, B., 2017. Video Marketing: How Important are Videos for the Hospitality Industry in Finland?. Liat, C. B., and et.al., 2017. Hotel service recovery and service quality: Influences of corporate image and generational differences in the relationship between customer satisfaction and loyalty.Journal of Global Marketing.30(1). pp.42-51. Malik, H. and Sharma, M., 2019. E-Marketing as a Tool to Achieve Competitiveness in Travel Trade Industry. InHandbook of Research on International Travel Agency and Tour Operation Management(pp. 272-283). IGI Global. Neuninger, R., 2017. Qualitative marketing methodology. InRoutledge Handbook of Hospitality Marketing(pp. 54-65). Routledge. Patsiotis, A. and Atik, M., 2017. Mobile Marketing Tools And The Consumer Decision-Making Process. 11