logo

Marketing Essentials in Hospitality

16 Pages1068 Words57 Views
   

Added on  2023-01-19

About This Document

This presentation discusses the importance of marketing in the hospitality industry and its role in promoting products and services. It explores the marketing plan for launching a new product by McDonald's and provides insights into the mission and objectives of McDonald's. The presentation also discusses the interrelation of marketing with other functional departments, SWOT and PEST analysis of McDonald's, marketing objectives and strategies, action plan, and budget allocation for marketing. It highlights the significance of marketing in the hospitality industry.

Marketing Essentials in Hospitality

   Added on 2023-01-19

ShareRelated Documents
Hospitality
Marketing Essentials
(Activity-2)
Marketing Essentials in Hospitality_1
Content
Introduction
Relation of marketing in context to organisation
Mission and objectives of McDonald's
Marketing plan for launching a new product by McDonald's
Conclusion
References
Marketing Essentials in Hospitality_2
INTRODUCTION
Marketing consists of all the activities of an organisation which helps it
in promoting its product or services in the market. For the success of
any product or service in the market, it is important that it is
communicated in the correct manner, to the right people, at the right
place and on right time. In a hospitality industry marketing plays an
important role in building the image of organisations, attracting new
customers and maintaining loyalty of old customers.
Marketing Essentials in Hospitality_3
Relation of marketing in context to
organisation
Marketing department functions in an organisation in relation to other
functional departments and coordinates and integrates with them so
that the objectives of organisation can be efficiently achieved. These
relations are discussed below :
Interrelation of marketing and production departments : These
departments needs to work closely as the marketing department
gives information by the way of market research about products and
services that needs to be produced depending on the customer's
demand.
Marketing Essentials in Hospitality_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Marketing Essentials Introduction
|19
|4786
|34

Marketing Essentials Decision-Making Process
|12
|3801
|351

Marketing Essentials: McDonald's Marketing Plan
|16
|902
|82

Risk Assessment on McDonalds
|19
|4420
|25

Swot or Pestle Analysis of McDonald's
|10
|2869
|466

Paper on Marketing Analysis of McDonald
|17
|3952
|167