INTRODUCTION Marketing is activity which company undertake for promoting their goods and services to customers. It involve selling, advertising as well as delivery of product to customer or business (Baker and Magnini, 2016). This report is based on hospitality industry organisation named as Premier Inn which is largest UK hotel brand. It was founded in 1987 by Whitbread and they are serving in UK, Ireland, United Arab Emirates, India, Germany and Isle of Man. Assessment will going to cover role and responsibilities of marketing department along with their interrelation with other departmental functions. Moreover, it also cover comparison among two companies marketing mix as well as develop marketing plan for accomplishing desired outcomes. ACTIVITY 1: INDIVIDUAL REPORT Concept of marketing, including current and future trends Marketing is activity that an organisation conduct and also have specific department of this. It help in attracting customers and increasing sale of business firm as well as marketing process result in enhancing customer base. In involve advertising, selling and delivery of products and services to customer or business. There are somepresentas well asupcomingtrend withinmarketing explanation are as follows :- Current marketing trendsā Current marketing trends are combination of previous trends which get improve and become current trend like TV ads and print with some new strategies focus on inbound practices(Bhalerao and Kamble, 2015). There are some common present marketing trends such as social media, targeted Emails, text message advertising, retargeting campaigns and internet video advertisement. Future marketing trendsā As technology is increasing day by day it will result in several future market trends such as Virtual reality and augmented reality and Live videos will become more popular. Along with this, some brands will leverage stories for content marketing as well as artificial intelligence also become most popular source of marketing in future. Different marketing processes Marketing process is the procedure which help in analysing opportunities in market, select target market, development of marketing mixas well asmanagement of marketingactivity (Marketing Process and the Steps involved in Marketing Process,2019). Explanation of these aremention below:-
ļ·Analysis of opportunities in marketā In first process company analyse opportunities available in marketand these are related with customers needs as well as want(Blythe and Martin, 2019). For this, Premier Inn have to use marketing information system because it play essential role in gatheringinfo related to market. ļ·Selection of target market āIt isessentialstep because within thistarget buyer will going to be chosen. For this purpose it is important to analyse current market in effective manner for choosing final customers. ļ·Development of marketing mixāAfter settling marketing strategy next step is related to initiate planning in relation of marketing mix which include product, price, place and promotion. ļ·Management of marketing effortsāIt is last step within that action should be taken related to marketing program as well as within this appropriate marketing mix will set for market which is targeted. There are mainly four functions involved within this like market analysis, marketing planning, marketing implementation and control(Blythe, 2012). Role and responsibilities of marketing function Thereareseveralrolesandresponsibilitiesofmarketingdepartmentbywhich organisational goals and objectives will be achieve in effective manner. Respective department is also responsible for improving as well as managing brand image which help in long term sustainability of business firm. There are several roles and responsibilities which performed by marketing department of Premier Inn explanation of these are as follows :- Define strategic marketing planā It is simply document in which strategies, objectives, actions etc.. are discussed that will be executed by marketing division. For an organisation, marketing plan is beneficial as it help in conveying important aspects of project to staff and other division. Marketing department of Premier Inn designing marketing plan which is aligned with organisational strategies and result in accomplishing goals as well as objectives. DevelopmentofpromotionalstrategiesandcampaignsāItisalsomarketing department function within this promotional campaigns and strategies will carried out for attracting customers(Essayyad, 2015). Within Premier Inn role of promotional strategies and campaign conduct by marketing division by identifying current trend among customers. As they
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develop social media marketing strategy for attracting large number of customers and increase customer base. Marketing influences and interrelates with other functional departments of organization Premier Inn is large scale organization which is offering in different nation. Thus, it is important for marketing division of respective organization to coordinate with other departments. Interrelation of marketing division with other department of Premier Inn are as follows :- ļ·Marketing and finance departmentā These two department are interrelated with each other as finance department provide appropriate amount of capital for business function (Fırat, 2013). For making sure that day to day activity will be perform in effective manner without facing any financial problems. Whereas, marketing division do research for gathering information related to several factors such as funds, bank loan rate and so on. Thus, marketing and finance department of respective hotel working closely with each other and marketing department convey suitable source of gathering fundsto finance division. ļ·Marketing and human resourceā HR department of Premier Inn is responsible for candidatesrecruitmentandfiling vacantposition. Whereas, marketing divisiondo advertisementofvacantpositionforattractingcandidates(Griffin,Nobleand Durmusoglu, 2014). Thus, HR and marketing department working together which help them in hiring skilled candidates who contribute in accomplishing organizational goals. Thus, marketing department of Premier Inn are other all division have interrelation with each other as they help in accomplishing predetermined goals and objectives in effective manner. Value and importance of marketing role In Premier Inn there are several role performed by marketing department which have their own value and importance within organisation. As they help coming in promoting their product and services within market area which result in attracting large number of customers and increasing sales (Jena, 2017). Along with this, it also play important role in filling vacant position within company by placing advertisement as it will help in attracting candidates. Marketing mix 7P's Marketing mix is the term which refer to tactics or set of action which an organization utilize for promoting its brand as well as product within market area. Here, 7Ps make up typical
marketing mix such as product, price, place, promotion, people, process and physical evidence. Comparison of marketing mix for Holiday Inn and Premier Inn are mention below :- ParticularsPremier InnHoliday Inn ProductPremierInnislargescale organisationofhospitality sector(Joshi,2012).Product offeringbythemarefood, Wifi, swimming pool and hotel whicharelocatedineco friendlyenvironmentwhich ensure customer satisfaction. HolidayInnisalsowide hospitality sector firm of UK astheyareofferingseveral servicessuchasACrooms, entertainmentpark,internet access,swimmingpooletc.. along with this, hotel is kid friendlyastheyorganise severaleventswithinhotel premises. PricePremierInnfollowing premium pricing strategy as it is one of the largest hospital sectorcompanyinUK.As their price shows brand image and value. Respectivehotelisoffering botheconomicandpremium pricingforeverytypeof customers. PromotionThere are several promotional techniques using by respective company such as social media whichincludeFacebookand Instagram. This hotel is also using social media platform for attracting their customers and increasing sales(Soe,Moritakaand Fukuda, 2015). But company is also using some traditional promotional techniques such as Magazines, TV and bill boards. PlacePremierInnisoperatingin severalcountriessuchas Holiday Inn is serving in more then100countriesandit
United Arab Emirates, Ireland, India,Germany,United Kingdom etc.. Some of them are located at sea face, others inmountainsandinfamous locationslikeParis,London etc.. located at premium as well as popular places such as London, Paris and so on. Along with this, it also located in peaceful locationlikeMaldives, Andaman and Nicobar Islands etc. ProcessCompanyhasimplemented severalprocesssuchas customerpickup,customer services for resolving queries aswellasreceptionfor providingimportant information. Therearedifferentprocess usingbyHolidayInnfor making their customer satisfied (KhanandAdil,2013). Processarereceivingand dropping the customers, room cleaning, customer service and so on. PeopleStaff member of Premier Inn have good communication and technical skills that will help theminconveyimportant information to customers. This hotel also have skilled as wellasknowledgeable candidates which perform their job roles in effective manner andmakecustomersatisfied with their services. Physical evidenceRespectivehotelhavegood physicalevidencewithlarge room and some of hotel are sea facing.LikeSINGAPORE BEACHROADHOTEL, Premier Inn Mumbai etc. Physical evidence of Holiday Inn isgood because it have beautifulinteriorwhichcan easily attract customers. It also havespaciousandlighted roomwithsoftmusicin premiseswhichensure customer satisfaction.
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Conclusion based on critical analysis of significance effective interrelation within different functional departments As discussed earlier that marketing department of organization is interrelated with other division such as Finance and human resource(Lipsman, Mudd, Rich and Bruich, 2012). It have positive impact impact on working of Premier Inn because finance and marketing department work together which result in analyzing better source of funds for company. Apart from this, for human resource department marketing play important role as it help in filling vacant position in effective manner by promoting. Thus, interrelation within marketing and other division play important role for working of company. ACTIVITY 2: IDIVIDUAL PRESENTATION Role and responsibilities of marketing related to the wider organisational context Covered in PPT Mission and goals of organisation Covered in PPT Strategic marketing plan Covered in PPT CONCLUSION From above discussion it has been summarised that there are several activities which has been performed by marketing department of organisation. This will help in growth as well as development of company. Along with this, marketing department is interrelated with other division which help in smooth running of business and gaining better position within business environment.
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