Table of Contents INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 Roles and responsibilities of marketing function in hospitality organisation........................1 Roles of marketing relates with organisational context.........................................................2 TASK 3............................................................................................................................................3 Marketing plan for hospitality firm to attain objectives.........................................................3 CONCLUSION...............................................................................................................................5 REFERENCES................................................................................................................................6
INTRODUCTION Hospitality sector is a part of service industry which involves activities like food & beverages services, lodging, transportation, theme parks, event planning, travelling, cruise line etc. This industry is dependent on the disposable income and availability of leisure time(Bačík, Štefko and Gburová, 2014). This assignment is based on The ELM Tree hotel which is a UK based hotel, situated in North Wales. This report will cover about key responsibilities and roles of marketing functions & marketing in organisation. Also, a marketing plan will be prepared to achieve objectives of company. TASK 1 Roles and responsibilities of marketing function in hospitality organisation Marketing is a tactics which is performed by a business firm to promote and advertise their products so that high profits can be earned. Hospitality marketing are marketing efforts that are carried out to extends profits and revenue in hospitality sector. Nature of hospitality marketing is very unpredictable as demands of people changes on regular basis due to changing market trends. The ELM Tree hotel is a United Kingdom based hospitality organisation which is headquartered in North Wales. This hotel is considered as one of the best small hotel in UK. But now, owner of company has decided to expand its business presence in UK so that high revenues can be earned. One of the best way to expand business is marketing which benefits in increasing customer base of a firm(Cheng and Chen, 2017). Development of marketing concepts Production concept:As per this concept, consumer will buy those products that are not costly and easily available.The ELM Tree hotel needs to provide good services in genuine price to satisfy customers. Product concept:This concept states that people wishes to use those services which are standardised, appreciable and have innovative aspects. Offering complementary and regular services in good way will help The ELM Tree hotel to increase their sales. Selling concept:It states that a customer is not going to buy a product itself, manager in The ELM Tree hotel will be required to promote and advertise it so that maximum number of people can acknowledge about it(Dinçer and Alrawadieh, 2017). 1
Customer concept:This concept is based on customers and defines that to achieve wide sales and popularity, a company is needed to give offers, discounts and complementary service to customers. This will help The ELM Tree hotel in retaining their customers for maximum time. Roles and responsibilities of marketing function Settingmarketstrategy:Mainroleofmarketingdepartmentinahospitality organisation is to set right market strategy so that attention of customers can be gained in maximised numbers. For example, for introducing new product in market or entering a new region, marketing manager of concerned hotel have responsibility to formulate right strategy. If manager in The ELM Tree hotel will not set right market strategy, company will not be able to give good performance in market place. Identifying customer needs:This is another role of marketing department in The ELM Tree hotel. Employees in marketing unit are needed to acknowledge the requirements of theirpotentialandexistingcustomers.Thiswillhelpotherdepartmentstoserve customers in efficient manner. If marketing manager in The ELM Tree hotel is not able to know about needs of customers, people will feel dissatisfied. This will reduce the image and revenues of company within marketplace(Eletxigerra, Barrutia and Echebarria, 2018). Roles of marketing relates with organisational context Marketing plays an essential role in the smooth working of an organisation. Without the help of marketing unit, it is not possible for other departments to work in appreciable manner. Role of marketing in organisational context is stated below: Marketing and Food & Beverage department:Marketing department in a hotel helps in identifying the food and drink choices of customers. This helps F&B department to prepare only those dishes and drinks which are highly liked by people. Also, F&B department helps marketing team by providing them free samples of Food which are given to customers to promote and assure about the quality of Food served in The ELM Tree hotel. If these departments will not work in a coordinated manner, concerned hotel will not be able to earn high revenues. Marketing and HR department:HR department in The ELM Tree hotel recruits and train employees which then works under marketing department with full efficiency. This 2
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help marketing teams in accomplishing their targets properly whereas marketing team helps in advertising about vacant positions in hotel due to which HR department is able to recruit right candidate for right position. Hence, these two departments are interrelated with each other. Marketing and finance department:Finance team in The ELM Tree hotel have the role to manage all the funds and finances of company. Marketing team of concerned hotel helps finance manager in identifying those people or firms which can invest in hotel so that no shortage of financial capital can be faced. Whereas to perform marketing activities properly, capital and funds are needed. These funds are given by finance team to the marketing department(Joshi, 2012). If these two department will not work in coordinate way, finance department will have shortage of money due to which budget of marketingteamwillalsogetcompromised.Thiswillleadtoinefficiencywhile promotion and advertisement of products. TASK 3 Marketing plan for hospitality firm to attain objectives Marketing plan is referred to a business document which outlines marketing strategies of a company so that varied activities can be performed in systematic and efficient manner. Importance of marketing plan An appropriate marketing plan benefits in popularising services of hospitality sector due to which a firm is able to earn high revenues. In context with The ELM Tree hotel, marketing plan will help the manager in reaching their target audience, boosting customer base and preparing right objectives for company(Long and Jerath, 2018). A good marketing plan helps in creation of effective market strategies and objectives that results in attainment of competitive advantage over rivals. Marketing plan for The ELM Tree hotel is prepared below: EXECUTIVE SUMMARY ELM Tree hotel is a North Wales based hotel which operates within UK. Owner of hotel is planning to further expand business in UK due to which an appropriate marketing plan is needed. Business owner of Hotel has decided to open up a branch in Birmingham exclusive for premium class. By preparing a marketing plan, new branch in Birmingham can be made very 3
popular among high class customers. This will benefits the hotel in achieving high market shares and profits. SWOT ANALYSIS StrengthsWeakness TheELMTreehotelhaswide popularity in UK due to its standardised services. Hotel do not charge high due to which average income people can afford it for accommodations and food. High class people do not prefer to visit it due to its economic pricing. Hotel has less marketing channels due to which people are not well aware about their services. OpportunitiesThreats Hotel can enhance their online presence totargetmaximumcustomers (Ogunmokun and Hsin Tang, 2012). Special facilities for premium section canbeintroducedlikeparties,golf playing etc. High competition from big hotels like Hiltonhotel,Marriottinternational impacts The ELM Tree hotel negatively . Localhotelsaregivingtough competition which is a big treat for concerned hotel. OBJECTIVES To increase their revenues by 40% within 6 month of new branch's inauguration. To enhance their market shares by 60% within one year. STRATEGIES Segmentation:For new hotel branch in Birmingham, manager is going to segment customers on the basis of age and income. To show off their status, these people will happily accept the services offered by The ELM Tree hotel. Targeting:High class People within 18 to 60 years’ age and will be mainly targeted by company. Hotel is also going to focus on youth due to their interest in vacations and trips. 4
Positioning:To position itself in front of targeted people, hotel is going to offer high class facilities like, Bar, opera show, Golf club, Pool activities etc. This will help the concerned hotel in achieving high sales and profits(Wirtz, Tuzovic and Kuppelwieser, 2014). COST Expected cost for marketing of new branch of The ELM Tree hotel is around 10,000 pounds. CONTROL AND MEASURES To control and measure the activities related with promotion & advertising of new hotel branch in Birmingham, manager of company can use tools like KPI and Benchmarking. KPI will helps in acknowledging efficient performance indicators which will be beneficial for earning high profits. Benchmarking will help the concerned company in comparing their marketing efforts with rivals so that required modifications in marketing strategies can be carried out properly. This will allow the company to attaining their expected objectives and targets within time(Pike, 2015). CONCLUSION As per above given report, it can be said that marketing plays a vital role in the functioning of hospitality industry. Main role of marketing department is to acknowledge the needs of customers and formulating right business strategies so that high revenues can be attained. If other departments will not work in coordination with marketing team, attaining targets and goals will not be possible. Marketing plan benefits a firm in accomplishing objectives of high profits in desirable manner. 5
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REFERENCES Books and Journals Bačík, R., Štefko, R. and Gburová, J., 2014. Marketing pricing strategy as part of competitive. Cheng, J. C. and Chen, C. Y., 2017. Job resourcefulness, work engagement and prosocial service behaviors in the hospitality industry.International Journal of Contemporary Hospitality Management. 29(10). pp.2668-2687. Dinçer, M. Z. and Alrawadieh, Z., 2017. Negative word of mouse in the hotel industry: A content analysis of online reviews on luxury hotels in Jordan.Journal of Hospitality Marketing & Management. 26(8). pp.785-804. Eletxigerra, A., Barrutia, J. M. and Echebarria, C., 2018. Place marketing examined through a service-dominantlogiclens:Areview.JournalofdestinationMarketing& Management. 9. pp.72-84. Joshi, M., 2012.Essentials of marketing. Bookboon. Long, F. and Jerath, K., 2018. Dynamics in Textual Content and Ratings in Online Product Reviews.under review at Journal of Marketing Research.23. Muralidharan, K. and Raval, N., 2017. Six Sigma marketing and productivity improvement.A Quarterly Journal of the National Productivity Council. 58(1). pp.107-114. Ogunmokun, G. and Hsin Tang, E.C., 2012. The effect of strategic marketing planning behaviour on the performance of small-to medium-sized firms.International Journal of Management. 29(1). p.159. Pike, S., 2015.Destination marketing: essentials. Routledge. Wirtz, J., Tuzovic, S. and G. Kuppelwieser, V., 2014. The role of marketing in today's enterprises.Journal of Service Management. 25(2). pp.171-194. Online Howtocreatemarketingplanforhomebusiness.2019.[Online].Available through:<https://www.thebalancesmb.com/what-is-a-marketing-plan-1794426> 6