This project discusses the key roles and responsibilities of marketing functions in the hospitality industry, the interrelation of marketing with other functional units, and a comparison of marketing strategies of The Tower Hotel and Hilton. It also explains a marketing plan for The Tower Hotel.
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Marketing Essentials ( Distinction Criteria )
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TABLE OF CONTENT INTRODUCTION..........................................................................................................................3 MAIN BODY...................................................................................................................................3 Explanation of the key roles and responsibilities of marketing functions..................................3 Discussingtherolesandresponsibilitiesofthemarketinginrelationtothewider organizational context..................................................................................................................4 Comparison of the ways in which the different ways.................................................................5 Explaining marketing plan for The Tower Hotel........................................................................8 CONCLUSION.............................................................................................................................13 REFERENCES..............................................................................................................................14
INTRODUCTION Marketing is the action which is useful for the promotion of the business for selling the products and services in the market after a distinctive market research and advertising. The marketingessentialsisthemostly,advertising,publicityandsalestechniqueswhichis considered to be important for the marketing of the organization. In this organization the belief of the marketing is considered to be very important for the marketing which happens with the help of designs produced and other methods such as the publicity and selling techniques. For this project the chosen organization is The Tower Hotel which is hospitality organization that is based in UK in the heart of the London city. In this project the role of marketing and its interrelation with other functional units of hospitality organization has been discussed. This project will provide a comparison ways in which the hospitality organizations use the marketing mix fir achieving the overall business objectives. Development of a basic marketing plan for meeting the marketing objectives for the hospitality organization. MAIN BODY Explanation of the key roles and responsibilities of marketing functions The key roles and responsibilities of the marketing functions are, Defining and managing brand : It can be said that the business which is able to define what are the standards of the organization needs to understand what is the factor which influences the different acts of the company. It can be considered that the hospitality organization needs to understand in the importance of the experience which the customers have in order to understand the operational practices of the interaction of the customers with the brand (Rohm, Stefl and Saint Clair, 2019). Conducting campaign management for marketing initiatives : Therearemarketingrolesandresponsibilitieswhichhelpsthebusinessinthe identification of the products and services which allow the organization to focus on the course of the sales which is the cycle of the produced materials and other communicational brilliances. This is also considered to be the method which helps the organization in the development of the brand name in the customers. Production of marketing and promotional materials :
Therearedifferenttypesofmarketingqualitieswhichhelpthebusinessinthe management of the department which helps the business in the creation of the materials which describes the business and its promotions to help the business with the core products and services (Master and et.al., 2017). It can be considered to b e the way in which the organization is able to keep the organization up to date with the services provided. Creating content for search engine optimization for the websites : The marketing team of the organization on the first-hand responsible for the information which is provided by the company to the customers through the method of search engine optimization. The marketing department is considered to be responsible for the keeping the web content current and also be ensuring to the websites which are helpful for the business in the quickly being able to relate with the searches. Monitoring and managing social media : The marketing and managing is the contribution of the management and maintenance of the social media pages which is considered to be the also helpful for the business in the management of the accounts which can carefully be able to understand and analyse the posted factors about the online details regarding the organization (Weiss and et.al., 2018). Production of internal communication : It is very important for the hospitality organization to understand that the company needs to generate a value of goals and develop a priority which help the business in the employee communication through different methods. Marketing is a method which is considered to be an effective way in which the employee is able to communicate with the organization. Discussing the roles and responsibilities of the marketing in relation to the wider organizational context The role of marketing for the Tower Hotel is very crucial as it provides success to the organization in the wider context.Marketing is considered to be the very important in the success of the hotel as it helps the organization in the development of the brand name. It is considered to be very difficult for highlighting the roles which the marketing play towards the company but it understandable that it serves the purpose of the thesis which impact the brand value for the success of the hotel. Marketing is considered to be the very essential for the company's brand name which takes place the company's products that is the services at the heart of the prospective of the customers (Malshe and et.al., 2017). For the hotel industry the success of any hotel is often
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depended on the good reputation. Thus, the role of marketing develops into a very crucial one for this organization. The growth of the reputation of this hotel helps it to attract more customers and also be increase the occupancy rate resulting in the increased revenue of the organization. It addition to that it can be said that the marketing plays a very important role in the branding which is considered to be the supportive unit for the communication of the hotel in the organization. Effective marketing campaign provides the hotel an edge over the competitors which helps the business to offer the customers with new and enhanced services which can be considered to be the very useful practice for the business. In this organization whenever a new service is added to the list of the services available the marketing is the main method which helps the organization to make the customers have of the operations of the organization. This is very important for the organization to develop an understanding of the requirements of the business to provide the organization with development of the organizational practices. The role of a strong and effective marketing campaign in the hotel is considered to be an efficient way in which the hospitality organization is able to manage the resources and be able to generate effectiveness. Efficiency in the marketing strategy is essential for the adaptation of the hotel resources and also be able to reduce the waste. This hotel also focuses on the management of the organizational policies for the development of the organization management which helps the business to increase the quality of the services provided by the organization. Comparison of the ways in which the different ways There are different ways in which the organization is able to develop the different ways in which it needs to use the marketing for the marketing planning process. The marketing mix of The Tower Hotel consists of the 7 Ps which explains the different ways in which the organization should act towards the give objectives present in the marketing mix.Comparison of The Tower Hotel and Hilton marketing mix goes as follows, Product/Service : It can be said that the most important factor which the marketing of an organization needs to consider are the product/services provided by the business (Mulyana and Prayetno, 2018). The product of this organization is are the services which it provides to the customers. This organization provides the following services to its customers,
ďˇGuests Room are the rooms which are present for the guests to spend their time in the Tower Hotel. ďˇFood and beverages are also provided in the hotels as it help the hospitality organization with the services which are essential for this hotel in the development of their brand image. ďˇBanqueting rooms are provided for conferences and meetings. There are other services along with these main which help the organization with their marketing techniques. Having so many services is essential for the hotel and their marketing operations. In comparison to the Hilton a luxurious hotel, the products of the Hilton is considered to be suites and holiday for the hotels for part of their hospitality services. This hotel is known for Hilton Honers program which is made specially for its loyal customers. Place and distribution : The location of The Tower Hotel is a very important factor which helps the marketing of this organization in the management of the organizational operations. It can be said that this hotel being in the heart of the capital of the country makes it a very easy way in which the organization is able to develop an understanding about how the organization can help the business in the management of the organization (7ps of service marketing in hotel industry, 2021). Thus, this feature that the organization has makes it easy for the business in the managing the place and distribution of the organization. It can be considered that the place of the hotel is very useful factor for the marketing and promotion of its services to its customers.This organization has its operation in only UK in comparison to the Hilton presence in the worldwide marketwith103countriesandhaving5100 properties.Thisprovidesthebusinesswith consideration of focusing on the western culture. Promotion and communication : There are different ways in which the marketing of this hotel communicates with the customers in order to promote the services of the organization. Thus, it can be said that with the help of the following ways the promotions of The Tower Hotel is done, ďˇBrochures ďˇTelevision commercials ďˇHotel websites ďˇSocial media accounts
ďˇSearch Engine Optimization ďˇBillboards This organization has decent promotional practices however, in comparison to the Hilton promotion activities is almost nothing as, this organization is a very well-known brand and is in the hospitality industry for a longer period. Thus, most of its promotional activities are not based on the exclusive services and the customer's satisfaction. Price : The pricing strategy of The Tower hotel is very strong and considerable with the market such that the services provided by the organization is helpful for the business (Siakalli, Masouras and Papademetriou, 2017). The food and beverages provided by this organization is also priced competitively such that the potential guest which may reject the hotel services. It is considered to be the method which helps the business in strongly influencing the business in the management of the organizations practices. This hotel has set prices for different customers such that the organization will be able to understand how effective the organization can be towards the management of the business practices.This hotel in comparison to the famous hotel Hilton has cheap prices but still they serve a specific purpose of differentiating the experiences through providing the customers different options regarding the price for targeting different customers segment. People : For this hotel the people in the marketing mix is considers the factor which is related to the people which helps the business in the management of the organizational operations. In this organization the guests are the most important as all the services provided by this business is related to the guests which visits the hotel. Thus, it becomes absolutely important for the organization to understand the importance of providing the most efficient ways in which the company can segment the customers into categories to plan the strategies according to the organization. In this organization understanding the benefits of how the business will be able to develop a strong organizational approach which can provide the organizational effectiveness in the business.Comparison of the operations of the Tower Hotel and the staff of Hilton is very effective as Hilton has employees which are loyal and it is very easy for this organization to attract talent in the organization. Physical Evidence :
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The hotel premises is the most important and influencing factor of marketing mix of this organization as it provides the business of the company new strategies which can develop organizational benefits (Ekawati and Yass, 2018). The hotel premises are considered to be very important for the business to develop an understanding of how the organization can be able to develop a strong marketing operation. Employees of this hotel are although not the assets but are very important for the organization effective for the organization. Its operations can be said that this organization needs to develop a strong and effective operations which allows the business growth in the marketing.In comparison to Hilton this organization has very few hotel properties which is the reason why this organization is not so successful in the organization. Hilton has more than 5100 properties world wide. Process : The process of this hotel is the way the management of the organization is able to manage the operations of the organization. In this organization the management is very effective which helps the business in the development of a strong marketing campaigns that allows the business to grow with the help of the organizational process (Dewi, Yasa and Indiani, 2018). The process in the hotel refers to how well the organization is able to manage the operations it has to deal in relation to the guests.The flow of the process of Hilton is different from the services of any other organization. This is due to the reliable process which is effective in the maintenance of the supply chain management which minimizes the total operating cost thus, makes the Hilton company more successful. Explaining marketing plan for The Tower Hotel Marketing plan is concerned with scanning environment, internal evaluation, setting objectives,strategyanddevelopingfunctionalplan.Thecurrentmarketingplanwillbe beneficial for the organization for gaining competitive edge in turn higher profitability & sustainability can be derived. The particular company is looking to offer security through enabling in room technology for improving guest experience. Mission statement Mainmissionoftheparticularorganizationistoenhancetheproductivityand profitability of organization through innovation, teamwork, integrity, etc for attaining success. Objectives
ďˇTo increase sales by 20% by implementing effective digital marketing practices at the end of year ďˇTo decline the employee turnover by 10% by providing higher opportunities through growth of company by the end of year. ďˇTo incline the profitability and sustainability through increasing customer engagement by 15% within 6 months. ďˇIncreasing competitive edge by 20% through innovating strategy of company with h3 months of specified period. Competitors analysis It is one of the process which begins with h identifying competitors, assessing strategy., competitive advantages, etc. The Tower Hotel is one of the successful organization which is facing cut-throat competition as there is presence of several larger companies like Hilton< Marriott, etc (Opresnik, 2018). it becomes essential for the organization to focus on possessing effective evaluation so that applying relevant course of action to improve performance can be implemented. SWOT analysis It is one of the technique that is taken into consideration by organization for assessing internal process. It is used to evaluate strengths, weaknesses, opportunities and threats in turn proper formulation of strategy can be effectively. Strength ďˇThe specified organization has high brandrecognitionandhasenough technicalpowertoimplement innovation. ďˇThe employees of organization possess effectiveskills,attributesand experience which possess competitive edge. ďˇIthasgoodlocationforimproving performance of company. Weaknesses ďˇThereis lack of employee retention which is affecting the functioning of company in adverse manner. ďˇThere is lack of financial management practices in business which is affecting efficiency of company. ďˇThere is low market share which is influencing operational activities.
Opportunities ďˇHigh potential in emerging market ďˇInnovationtechniquesforimproving customer experience. ďˇGood brand image in the local market. Threats ďˇEmergence of international competitors ďˇChanging regulatory environment ďˇChanging customer attitude PESTLE evaluation It is one of the approach which is use by organization for evaluating external elements affecting growth & development. The Tower Hotel can sued thistechnique to assess what are crucial factor which has influence on smooth processing of enterprise. Political factorsThere are number of political factor which has impactontheprocessingofcompany.It comprisespoliticalstability,levelof corruptions,legalframeworkpricing regulations, etc. The Tower Hotel is based on Londonlocationwhichpossessinggood political stability and affecting positively. Economical factorIt comprises infrastructure quality, labor cost, economic growth, unemployment, interest, etc. rate are the components which has impact on business. Thespecifiedorganizationisgetting influenced these factors of the company. Social factorOther aspectslikechanging customertaste, preferences, attitude, occupational level, other demographic factors, etc has higher power to influencehospitalitysector(Paredes Rodriguez,AlfonsoandAsbel,2021).The Tower Hotel is one of the organization which possesses higher good economic situation as in
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UK particular sector is growing in rapid speed. Technological factorRecenttechnologicaldevelopment,cost structure,coststructure,valuechain,etc techniqueswhichareexecutedforhaving technical improvement in overall performance. The Tower Hotel has enough capability toget positivelyaffectedfromtheprevailing circumstances. Legal factorAntitrustlaw,discrimination,copyright, patents, employment,Health& safety, data protections, tax laws, etc are few legal factor which has influence on The Tower Hotel on the larger extent. Environmental factorClimatechange, environmentalpollution,m waste management, carbon footprint, etc are therequirementtohavepositiveworking situation. Implementation of STP marketing technique Segmentation There are different kinds of basis which is taken intoconsiderationby focusing on geographic, behavioral, psycho graphic, and demographic (Sumarwan,2019.)The particular organization has given emphasis on behavioral basis for attracting both domestic and internal market. The main of conducting practices on the specified basis is to attain higher customers. Targeting The targeting the best customer so that highlighted objective can be accomplished. On the basis of this, it can be identified that company can have appropriatecustomersthrough focusing on London so that attracting client on basis of location competitive edge. Positioning
In this course of action for conducting innovative practice to increase profitability to accomplish predetermined objectives can become possible (Nehoda and Sakhanda, 2017). Marketing mix are decided for creating value preposition. The Tower Hotel can position by ensuring higher security & safety of clients. Marketing mix Product The Tower Hotel offers product of offering rooms for staying, lunch, breakfast, etc kind of services. Its product of maintaining higher security & safety is one of the competitive edge which can meet objectives of firm. Price Value based pricing strategy is followed by The Tower Hotel for getting higher profitability margin. It can allow overcoming prevailing competition. Place It is based on London and focuses on attracting both domestic and foreigners client for meeting objectives/ Promotion Print media and social media marketing is utilized by organization for having first ranking through SEO, PPC, etc digital marketing customer. People The specified organization has higher employee turnover which can be declined by applying appropriate training & development technique. Processing There are several internal areas like housekeeping, functional department, etc which are properly managed via executing effective communication channel. Physical evidence It has website and presence on social media and business based platform for increasing reach to customers. Developing Budget ExpensesAmount
Administration expenses20000 Employees salary50000 Marketing and selling expense60000 Market analysis expenses85000 Technical device application50000 Security evaluation expenses45000 Monitoring performance50000 Utility bills45000 Supervisory expense50000 Total expenses405000 Executing plan into action For executing the course of action of having higher level of security in hotel room through maintaining higher presence of technical devices. It can execute plan by properly evaluating overall performance and outcome through implementing above mentioned tools so that relevant course of action. Monitoring results It can be monitored by applying variance analysis, KPIs, bench marking, etc. in order to improve actual outcomes with previous. CONCLUSION With the help of this project it can be concluded that the marketing and its essential is a very important as for The London Tower hotel and is considered to be very helpful feature that allows the business to develop its business practices. This project helps in the explanation of those key roles and responsibilities of the marketing function to be impactful for the chosen organization. This project also discusses the roles and responsibilities of the marketing in relation the hospitality organization. In this project a comparison of the ways in which the different hospitality organization apply their marketing mix in the organization is also discussed. This
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project also help in the development of the marketing plan which helps the business in the management of the organizational operations.
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