Table of Contents INTRODUCTON.............................................................................................................................1 TASK 1............................................................................................................................................1 P1. Roles and responsibilities of marketing function..................................................................1 M1 Analyse the roles and responsibilities of marketing in the context of the marketing environment.................................................................................................................................3 P2. Analyze roles and responsibilities of marketing relate to the wider organizational context4 M2 Analyse significance of interrelation between marketing and other functional units..........5 D1 Critically analyse the key elements of the marketing function and relation with other units .....................................................................................................................................................5 TASK 2............................................................................................................................................6 P3 Marketing Mix.......................................................................................................................6 M3Evaluatedifferenttacticsappliedbyhospitalityorganisationstoachievebusiness objectives.....................................................................................................................................9 TASK 3............................................................................................................................................9 P4. Marketing plan for Travelodge.............................................................................................9 M4 Produce a detailed,coherent, evidence-based marketing plan..............................................9 CONCLUSION.............................................................................................................................10 REFERENCES..............................................................................................................................11
INTRODUCTON Marketing is defined as the management and study of exchanged relationships. It is the process of analysing and satisfying the needs of customers. This process involves advertising and selling of services or products which are offered by an organisation in hope of generating huge revenues. Hospitality industry is a wide and fast growing sector which encompasses cinemas, restaurants, transportation, hotels and many more. Maintaining the engagement and interaction of customers is a complex process. Businesses associated with hospitality sector needs to conduct market campaigns. This will helps their potential customers in acknowledging the facilities and services which are provided by the company (DiPietro, Cao, and Partlow, 2013). This present assignment is carried out on Travelodge which is a Britain based private organisation operating in hotels throughout UK. Headquarter of company is situated at Thame, England. Company has successfully present itself at 500 locations within UK. This report includes responsibilities and roles associated with marketing function along with roles of marketing related with other departments of a organisation. Beside this, a marketing mix is carried out to achieve the objective and targets of company and a suitable marketing plan is formulated in this respect. TASK 1 P1. Roles and responsibilities of marketing function Marketing concept helps an organization in analyzing, identifying and fulfilling the desiresofthecustomersinanappropriatemanner.Marketinginvolvespromotingand advertising of services and products to millions of people which helps the organization in gaining competitive advantage against other businesses which are operating in hospitality industry. Marketing strategies supports a firm in enhancing their revenues and profits. Marketing has certain functions which will help Travelodge hotel to identify and source successful services and products which helps them in achieving their objectives (Brotherton, 2012). Marketing functions are the vital constituents in establishing a firm position within marketplace. Marketing functions carried out in Travelodge also shapes the working pattern of other departments associated with the company. 1
Travelodge:It is a UK based Group of hotels which offers their services in UK, Spain and Ireland. At present they have 520 hotels within Europe and headquartered in England. In this respect, important marketing functions and their responsibilities in managing revenues of company are mentioned beneath: Roles & ResponsibilitiesHow is it executed in the selected Organisation 1.Market researchThis is considered as the most vital function in marketing.It helps an organisation especially businesses associated with hospitality sector to understand the preference and demands of customer in a proper manner. This functions helps the company in analysing the wants of potential clients and the quantity of products which is needed. In case of Travelodge, marketing functions acknowledge them about the services which most of the customers preferred and the price they are willing to pay for these services and facilities. 2 BrandingEveryorganisationwishesto introducetheirproductsand services in market with a special identity. For this an effective brand name is needed which differentiates the services of a company form the services offered by rival firms. Travelodge offers their service under the brand Travelodge and marketing department of Hotel offers distinctive services to clients under this brand name only (Cohen and Olsen, 2013). 3 Pricing of services and products It is considered as the most crucial function of marketing which iscarriedoutbymanageroftheorganisation.Marketing manager in Travelodge fixes the price of services which are offered by the hotel management to the customers. While 2
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
deciding the coast marketing department undertakes aspects like actual cost, profit margins, rates of competing services and the policies initiated by government in relation to that service. Manager of Travelodge needs to fix prices in a manner that customers will not feel reluctant while purchasing services and at same time hotel can earn profits. 4 Market planningIn order to acquire the desired outcomes, an organisation needs anappropriateplanning.Thisplanningiscarriedoutby marketingdepartment.MarketingmanagerinTravelodge formulatesamarketingplantoenhancetheirsalesand revenues.Theyachievethisbywidelypromotingand advertisingtheproductswithinmarketandguidesother departments about the preferences and choices of the customer. M1 Analyse the roles and responsibilities of marketing in the context of the marketing environment RoleResponsibilityHow do theyRelate to each other and to the Marketing environment Marketing PlanMainresponsibilityisto identify modern trends and transformtheminto opportunities(Hoque, 2013). Marketing plan and marketing research helpsinidentifyingthechanging requirementsofclients.Bythis, Travelodgecanupdateandimprove their services. By this, more people will attract with their services and facilities and this will helps them in expanding their profits & revenues and helps them insustainingaeminentpresencein market. Market researchCollectingspecific knowledgeregardingthe potentialcustomers,their behaviourtowards Market research and brand equity are interrelated with each other as it helps in adding value to the services offered by Travelodge. By carrying out proper 3
productsandservices offeredbycompanyand image of brand in market. research, image and value of hotel can beenhancedbyformulatingand incorporatingefficientstrategiesto allure wide customer base. Brand equityIt defines the added value oftheservicesand productsandhelpsin increasing value of services through different strategies. This function is related with monitoring and research function of marketing. As proper monitoring and research helps in acknowledging the actual brand equity of Travelodge in marketplace. P2. Analyze roles and responsibilities of marketing relate to the wider organizational context Marketing is a strategic tactics that includes most vital aspects while managing a business and operations associated with it. Along with promoting and advertising the merits of services offered by Travelodge, marketing department working there interrelates with other department sand units to provide best services and facilities to the guests. In context of Travelodge, marketingdepartmentrelateswithdifferentunitsandguidesthemtoperformdutiesin accordance with the demands and desires of customers. Some of these aspects are mentioned beneath: Marketing and Food & beverage:The main responsibility of this department is to manage lounges, bars, restaurants, kitchen and room services established within a hotel. Marketing department helps this department in identifying and acknowledging the preferences and choice of targeted customers and guest in an accurate way. After understanding the demands and choice of guest, F&B department of Travelodge prepares their menu and incorporate those dishes, drinks and snacks which are widely preferred by customers. This helps the Travelodge in satisfying their guest in terms of providing meals and beverages. Marketing and HR department:Main function of marketing department is to analyse market and associated trends and direct other units in organisation to formulate policies in accordance to that. Marketing department of Travelodge analyse the choice of 4
customers and specifies the HR department about the kind of employees company need to hire (Köseoglu and et. al., 2013). The specifications provided by marketing department helps HR department in recruiting and training workers especially waiters, receptionist and bartenders to provide services to clients in a satisfactory manner. Marketing and Room division:Main role of room division department is to cater the needs of clients during their stay at hotels. In case of Travelodge, this department earns more revenues as compared with other departments and includes uniformed services, housekeeping and front office work. Marketing department advertise the facilities and services of rooms offered by Travelodge and acknowledge the response of customers for these services. Necessary improvements and changes are carried out while offering facilities to gusts during their stay. Marketing and Accounting:Main duty of accounts department is to manage finances and budget of organisation. Marketing department of Travelodge specifies accounts departments about the preferences and liking of customers and in that respect budget is allotted to all other division to perform their functions. For ex- if customers prefer drinks more than snacks, then the budget allotted to bars and lounges will be more than restaurants established within hotel premises. In this way marketing helps in managing finances of Travelodge hotel (Leonidou and et. al., 2013). M2Analyse significance of interrelation between marketing and other functional units There are several departments within a hotel and all these departments works together to provide needed services to the customers. Each department perform different functions but these departments are dependent on each other for carrying out their operations in a desired manner. Different departments associated with Travelodge are Room division, food and beverage, housekeeping, sales and marketing, HRD and accounting. Marketing and sales conducts most crucial operations within market and without this department offering services to guests is a complex process. It helps sales department in acknowledging market trends and customer's preference. This helps production and sales department to improve their existing services as per the needs of customers which results in more revenues. Marketing department analyse market and specify F&B department about the food preferences and choices of customer along with kinds of drink they prefer. This helps F&B department to update their food and drink menu as 5
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
per the requirements. Marketing department analyse market demand of a service and in this respect budgets are allotted to different units within hotel. Also, housekeeping and room division services are updated according to the expectation of guest and targeted customers which is acknowledgedwiththehelpofsurveysandmarketresearchcarriedoutbymarketing department. D1Critically analyse the key elements of the marketing function and relation with other units Key elements associated with marketing function of Travelodge are research, strategy, promotion, tactics and planning which are mentioned beneath: Research:Bycarryingoutresearch,organisationacknowledgethedesiresand exceptions of customers in an appropriate manner. Research helps other departments of Travelodge like production and sales about the demand of people. These departments conduct their operations according to the analysis carried out by marketing department. If research is not carried out properly, needs of customers will not be considered and company will face huge loss. Strategy:Marketing manager of Travelodge formulate different strategies to advertise and promote services offered by hotel at a wide scale. This helps in increasing revenues and market share of hotels (Law, Buhalis and Cobanoglu, 2014). Working of other departments like F&B, housekeeping and room division depends upon the arrival of guest which depends upon strategies formulate by marketing team to attract them. If marketing team will fail to formulate strategies, revenues and sales will decrease. TASK 2 P3 Marketing Mix Marketing mix is a process used by organisations to achieve their market objectives. Marketing mix by Travelodge helps the hotel in targeting potential customers which helps them in enhancing their revenues and profitability which is mentioned below: 6
Illustration1: Marketing mix (Source: Marketing mix, 2017) BasicTravelodge hotelHilton hotel ProductTravelodge offers various services to its customers which helps them in maintaining their revenues and profits.TheyprovideGuestand Banqueting rooms, recreational and conference halls for business class. To target high class, hotel provide premiumroomsandsuites.For couplesandyoungstersbars, loungesandpubsareavailable within hotel premises. Standardised Thishoteloffersseveralhospitality servicesworldwidethroughtheir luxurioushotelchainssuchasHilton gardeninn,extendedstaysuitsand resorts. Services offers are standardised food, premium suites and rooms for say. Hotel management has initiated a ' Hilton honour program' in which standardised services are given to loyal customers. To enjoyservicesatsubsidizedprices, customersareofferedsilver,blue, 7
food and other services are offered to guests. diamond and gold membership in which most exclusive is diamond membership. PricePricing is considered on the basis ofmonth,seasonandtimeand other aspects. Advanced bookings are available at less rates. Prices of differentroomslikenormal, Premium and Deluxe is different andfixedtotargetdifferent segments of society. Company uses premiumpricestrategyforhigh classandskimmingpricing strategy for other market segments toenhancetheirrevenuesand profit. Hoteltargetsexclusivesegmentof societywhicharehighclassandrich people.DifferenthotelsunderHilton group offer services for a special purpose and prices are decided in accordance with that. For all exclusive hotels, exclusive pricesegmentismaintained.Normal rooms are priced at affordable cost so that people earning average income can afford them.Luxuriousroomsandpremium suites are designed for high class and business class as they prefer expensive andstandardisedservices.Hoteluses Premium and economic pricing tactics to target high class and average class people respectively. PlaceCompanyhasestablishedtheir hotelsandcentrallocations. TravelodgeHotelhaspresented itself in 500 locations in UK and 17 hotels at Ireland and Spain. All the locations where hoteloffers their service are prime geographic locations.Duetothisbusiness class prefer to stay their due to the standardised facilities and services offeredbystaffmembersof Travelodge(Mok,Sparksand Hiltonhotelsandresortsarepresent globally at different geographic location. Atpresenthotelissuccessfulin presenting itself in around 103 countries. Hiltonhasmanagedtoexpandits presenceinAsiancontinentsby incorporatingserviceswhichinvolves culture of associated country. Company choosesprimelocation,usually metropolitancitiestobuildtheirnew hotels which helps them in expanding customer base. For resorts they chooses 8
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Kadampully, 2013).locationneartonaturalvegetationto attract more customers. PromotionTopromotetheirproductand services,Travelodgeprovides discounttocustomersononline bookings. Food and drinks are also providedatdiscountedprices. Travelodgepromotetheirhotel through TV, newspaper, magazines and online websites. Hoteltargetsbusinessandhighclass peopleworldwide.Topromotetheir service, company has collaborated with MNC's,organisations,paymentbanks andrestaurantsastheirpromotional strategy.Peopleassociatedwiththese placesaresuggestedtopreferHilton hotel during travelling with the help of cards, pamphlets and official sites. Hotel promote itself through advertisement and magazines also. PeopleHotelmanagementfocuson recruiting efficient and skilled staff memberswhicharecapableto serve customers in desired manner. To achieve this training is provided to workers at regular time interval. To attract customers, hotel management needs to update their services and hire skilled staff. Popularity of hotel among customersdependsupontheservices offered by employees of hotel. Welfare and benefit of workers will motivate them to perform better and fulfil demands of guests appropriately. ProcessTravelodgeensuresthatallthe hotels under their group provides the same process at all locations. Theyensurethatallclientsand their needs are managed correctly and the layout of processes must look similar (Nickson, 2013). ProcessescarriedoutbyHiltonis considered as best management globally. Flow of processes is consistent and offer benefits to customers. Efficient processes like maintained supply chain helps Hotel in reducing theirexpanses and operating cost which results in profitability. Physical evidence Alltheworkersworkingin Travelodge wear same uniform and Hiltonhasavastpresenceandreach acrossglobe.Hotelhasmergedwith 9
brandedservicesaregivento people at each hotel even if they areatdifferentgeographic location. This acts as a physical evidence for customers. several websites and booking chains to expanditsclientsbase.Companyhas presented itself at around 5100 locations worldwidewhichactsasaphysical evidence. M3Evaluate different tactics applied by hospitality organisations to achieve business objectives Toachievebusinessobjectiveseffectivetacticsareneeded.Tacticsadoptedby Travelodge is mentioned below: Hotel website:It is an important market tactics as it generated direct sale and serves as a distributionchannel.Thiswillhelpsvisitorstoacknowledgeservicesofferedby Travelodge in a single click (Pegg, Patterson and Gariddo, 2012). Connection with travel agencies:Travel agents especially, online agents such as Expedia and hotel.com helps Travelodge in promoting their hotel to millions of customer in short amount of time. These agencies will allow customers to make online bookings in Travelodge. TASK 3 P4. Marketing plan for Travelodge (Covered in Poster) M4Produce a detailed,coherent, evidence-basedmarketing plan Business Objective Marketing Mix & Strategy TacticsMonitoring & Evaluation Increasemarket shares Travelodge provide better services and increases their considerationtowards needs of clients. Byimproving theiroffersand services according to need of guests. Byanalysingthe servicesofferedby Hotel(Boellaand Goss-Turner, 2013). Increase profitBy providing standardised accommodationandfood Bymaintain qualityoffood Appropriateresearch will help in satisfying 10
products to guests.andproviding neat and hygienic place to stay demands of customers. Provide premium roomservicefor customers Better and affordable room serviceswillhelpsin increasingcustomer’s base. Offering discountson festivalsand special occasion The hotel can evaluate theinterest of guests bydoingmarket research through offers and discounts. CONCLUSION This report concludes that marketing and its strategies are vital to make a business successful in hospitality sector. It helps in achieving desired results. Roles of marketing helps other units to carry out their operations. Concept like marketing mix helps in formulating effective strategies to expand sales and revenues. Marketing plan helps company in increasing market shares. 11
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
REFERENCES Books and Journals B. DiPietro, R., Cao, Y. and Partlow, C., 2013. Green practices inupscale food service operations: Customer perceptions and purchase Boella, M. and Goss-Turner, S., 2013. Human resource management in the hospitality industry: A guide to best practice. Routledge. Brotherton, B. ed., 2012. International Hospitality Industry. Routledge. Cohen, J. F. and Olsen, K., 2013. The impacts of complementary information technology resources on the service-profit chain and competitive performance of South African hospitality firms. International Journal of Hospitality Management.34.pp.245-254. Hoque, K., 2013. Human resource management in the hotel industry: Strategy, innovation and performance. Routledge. intentions. International Journal of Contemporary Hospitality Management.25(5). pp.779-796. Köseoglu,M.A.,andet.al.,2013.Linkagesamongbusinessstrategy,uncertaintyand performanceinthehospitalityindustry:Evidencefromanemergingeconomy. International Journal of Hospitality Management.34.pp.81-91. Law, R., Buhalis, D. and Cobanoglu, C., 2014. Progress on information and communication technologiesinhospitalityandtourism.InternationalJournalofContemporary Hospitality Management/.26(5). pp.727-750. Leonidou, L. C., and et. al., 2013. Resources and capabilities as drivers of hotel environmental marketing strategy: Implications for competitive advantage and performance. /Tourism Management.35.pp.94-110. Mok, C., Sparks, B. and Kadampully, J., 2013. Service quality management in hospitality, tourism, and leisure/. Routledge. Nickson, D., 2013. Human resource management for hospitality, tourism and events/. Routledge. Pegg, S., Patterson, I. and Gariddo, P.V., 2012. The impact of seasonality on tourism and hospitality operations in the alpine region of New South Wales, Australia. International Journal of Hospitality Management.31(3). pp.659-666. Online Marketing mix. 2017. [Online]. Available through:<https://marketingmix.co.uk/>. 12