This document discusses the marketing plan for Travelodge, a hotel chain. It covers marketing objectives, marketing mix plan, and marketing audits. It also provides proposals for improving customer service levels and becoming a leading brand.
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Table of Contents INTRODUCTION...........................................................................................................................1 Marketing TOWS in regards to Travelodge and marketing audits in doing so...........................1 Three Marketing objectives for marketing campaign of “Enabling a leading brand”.................4 Marketing mix plan which is to be undertaken for achieving objectives over the period of 12 months..........................................................................................................................................6 Proposals related to the ways Travelodge could improve customer service levels as part of the marketing campaign.....................................................................................................................8 CONCLUSION..............................................................................................................................10 REFERENCES..............................................................................................................................11
INTRODUCTION Marketing meaning to attracts the people and buyers by using different sources of communication that helps to manage the functions of business organisation. The management marketing are defined as companies discipline that focuses on application of market orientation, methods, techniques and the activities which influenced people and make the buying decisions. This can be challenge for organisation what marketing activities and planning should be uses by management and how it can be satisfied the customers(Baker, 2016). This can help to reach near by goals and targets so all activities can be perform effectively. To increase the insights and importance of marketing Travelodge has been selected that is big brand in hotel services providing different types of hotel and staying services as per consumer wants and increases the business performance. This company is making the effective proposal plans that can help in intensive campaign for'Enabling a leading brand'will be prepared. This will help to improve the customer satisfaction level by getting competitive advantages. This plan will be start from July 1 2021 to 30 June 2022 which is a period 12 month.This report is considering knowledge and understanding of theories, complexity of competitive environment, how to analysis the market situation and justification of actionable marketing strategies. Marketing TOWS in regards to Travelodge and marketing audits in doing so Marketing is defined as way of maintaining relationships and exchanging of ideas which is highly important in organisation for the purpose of get deciding and attaining the business goals. Marketing audits is the systematic and comprehensive analysis of a business that can help to evaluate the market byconsidering internal and external factors which are important for business and increases performance(Dogu and Albayrak, 2018). For running a business there is also need to analysis the strength and weakness of their organisation that helps to give ideas that what changes are needed to bring and how they can be effective in order to increasing brand image. Travelodge is a larger hotel that provides staying and food facilities to its customers which can help to increase the business performance in changing environment. The managers of Travelodge are focusing on marketing audits and strategies for the purpose of running their business and increasing brand image. This also helps to know the capabilities of employees, management, function and activities which are running by top authorities for making right business decisions. The internal capabilities of Travelodge organisation are as defined: 1
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Strength: Travelodge is a larger hotel that is supplying variety of hotel services at various places. This is having several hotel chain which attracts customers and increases the performance. Providing hotel services at affordable room rates. Providing a facility of convenient and quick booking. In Travelodge, environmental consciousness customers which is maintaining by such organisation helps to take the benefits. Weakness: This organisation is not providing whole range of products however it is luxury hotel(Calder, Malthouse and Maslowska, 2016). Not focusing on special type of room services, porter services, concierge service. Dealing with many international legislations that limits the running hotels. The weak point is not ideal with families and larger parities as they require more rooms and space. Opportunities: The expansion of company and its activities in abroad. Offeringspecialdiscount,packagesandotherentertainmentprogrammeto customers which attracts them. To participates with new partnerships which helps to increase the organisation's reputation. Uses of proper marketing activities and running campaign. Setting the reasonable prices of their products and services which helps to make the right business decisions. Threats: Occurrenceof natural issues such as pandemic situation, flood, government legislations etc. Competitors are more designed and facilitated that reduces customer's interest towards Travelodge. 2
Wars and disputes in countries The TOWS analysis of Travelodge company and marketing audits TWOSanalysis is working as a tool that are uses by organisation in order to getting where are the chances to improve the business performance and how it helps to working properly. Travelodge is using TWOS analysis for the purpose of delivering better quality of hotel services and managing the organisational performance that are as defined: Strength/ Opportunities –Maxi – Maxi is another name of such aspect that uses by organisation in order to increase the business performance. This can help organisation to maintain the higher position by maximisation of strength and opportunities. Travelodge uses this strategy to expand their business in national and international countries that can help to attract and increasing business performance. In this, management of chosen hotel are formulating new strategies and planning that can help to mange the performance and organisational productivity (TWOS analysis, 2019). Weakness/ Opportunity –Situation that consider in is mini maxi strategy that uses by companies to minimize the weakness and increases opportunities that can help to deal with changes and introduce new products and services which can attracts and helps to make the right 3
decisions. In this, managers of Travelodge exploits the opportunities by implementing new plans that helps to reduce the weakness and increases performance. With the help of this managers can reduce negative impacts on business(Guenzi, and Storbacka, 2015). Strength/ Threat –Situation are involving as maxi mini strategy that uses by strong organisation by facing all challenges and delivering right products in hostile environment. In context to Travelodge, managers are focusing this planning in which it has to focus on strong financial capabilities, low price of products. Whenever organisation is identifying threat in their business then it can be overcome and reduces by increasing the strength that helps to develop the organisation(Homburg, Jozić and Kuehnl, 2017). Weakness/ Threat:This is showing the position of company that has little development and reduction in profitability. Mini mini strategy is considered this planning which is required high supervision and techniques to reduce the weakness and threats of business. This can reduce the productivity of Travelodge in case of applying where merger with other companies is good option to survive in competition and keep continue the business(Hurth and Whittlesea, 2017). Therefore, management of Travelodge are con ducted the market audits in changing environment and organisation by evaluating market and conducting proper research that helps to maintain the performance. This can help to deliver the right products and services in context to hotel which are customers demanding and increase the customer satisfaction level under maxi maxi strategy. Three Marketing objectives for marketing campaign of “Enabling a leading brand” After proper research and finding it has been defined that Travelodge is making the plans for expanding its business by diversifying its strength and operating the business successfully. The management of such organisation are playing an important role who analysis the market, conduct proper research, managing information and delivery of right products and services in changing environment that may support to attaining the business goals. Every organisation are working as identification of strength, weakness, opportunities and threat that helps to make the plans and strategies accordingly. The management of Travelodge are focusing on needs and income group of customers which help to provide right hotel services in order to taken the competitive advantages. The strength of chosen hotel is providing products and services as per customer demand on affordable prices, maintaining strong distribution area that make easiest way to reach the potential customers, easy booking, cancellation and payment facility that are 4
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given by management which may improve the productivity of company. These all strength and techniques helps to increase the performance and profit margin in changing environment by offering range services(Keller and Kotler, 2015). The weakness are associated with Travelodge number of employees, and turn over of company is reducing due to occurring many changes in government regulations and policies which are uses to deliver the hotel products and services. Cost of organisation also increases as it spends amounts on infrastructure, designs and interior that increases cost of business. The management of organisation is needed to provide the training and development to their employees which also can reduce the organisational productivity. To overcome the threats managers should have proper planning and strategies that should be properly produced will help to increase the performance. Implementation of new technology and services in selected hotel provide a support to increase brand awareness. Moreover, threats are facingbyorganisationarechanginginregulations,instabilityinpoliticalregulation, environmental changes, needs and taste, income group etc. that needs to be control and manage. Fromthealldiscussion,themarketingobjectivesofTravelodgearepreparedby management for running the marketing campaign “Enabling a leading brand”that will help to resolve all problems, reducing threats and overcoming the weakness(Mehmet and Clarke, 2016). The SMART marketing objectives of Travelodge are: To increase the % of direct booking by 15% in 2021:The main aim of Travelodge is to increase the percentage of direct booking than past years as it is providing products and services as per customer demand and in wider range that can help to make the booking faster. Attaining the clear target of 10% increment by direct booking:Theselected organisation wants to attain their targeted customers and increasing booking by measuring all performance and activities which can help to reach near by goals and maintaining the good performance(Mariani, Di Felice and Mura, 2016). Increasing brand image and channel management:Travelodge is conducting the campaign for leading brand for this, it is require improvement in parity rate, optimisation of hotel's booking engine and increasing CRM and email marketing that can help to attain the decided goals and objectives. Capturing high market share and profitability:The chosen organisation wants to capturehighmarketshareandprofitabilitybysharingtheinformationthroughdifferent 5
marketing activities. The management also required to deliver best quality of products and services in changing environment that can help to attain the business goals. Marketing mix plan which is to be undertaken for achieving objectives over the period of 12 months. Marketing mix plan is an impressive tool that uses by organisation in order to run and managing the performance in changing environment for the purpose of attaining the business goals. It is important for every organisation to have proper marketing activities and planning which can help to inform customers and increases the business performance in changing environment. In other words, marketing management is the continuous process which uses by management for the purpose of informing customers and delivery of right messages so decisions can be taken accordingly.This is also considered as primary tool for every business management and commerce so all activities can be performed effectively and manage the functions so all activities can be completed on time and increase the productivity. Travelodge is using this tool for the purpose of attaining marketing objectives by delivering better quality of hotel products and services. Marketing mix for this organisation are defining below: Marketingmixplan elements MeaningIn context to Travelodge ProductThis means item which may be tangibleandintangible, provide by organisation for the purposeofsatisfying customer'sneedsiscalled product and commodities. Travelodgeis chain of several hotels offering staying, food facility, drinks, beverage and other products or easy bookingservicesthatcanhelpto increasetheorganisational performance. PriceThis means actual amount that are setting by organisation and needs to be pay by customers for the purpose of exchanging products. Thechosencompanyisneededto adopt competitive pricing strategy by comparing with competitors that can helptoattractsthecustomersand increases the sales of hotel services. 6
PlaceThisrepresentgeographical location and selected platform that are uses by company for sellingtheirproductsand services(Skorobogatykhand et. al., 2016). Travelodge is operating its function andactivitiesinU.S.,ScottKing, London and Edinburgh that are major countriesaswellascitieswhere customers can buy the hotel services effectivelyandmanagethe organisational function. PromotionThisrepresentsourcesand ways of promoting the produc tswhichareusesby organisationandhelpsto increasetheorganisational performanceinchanging environment. Travelodge is promoting their hotel productsandservicesbyusing communication channel such as social media, print media, online websites, directmarketing,specialofferand discountthatawarecustomersand theybooktheserviceswhich increases performance. Physical evidenceThismeansproductsand services which have existence andfeeling,increasesthe organisational productivity by providing such services. The physical evidence of Travelodge iscleanfacilities,welldecorated rooms, proper services, entertainment programmesandotherspecial arrangementthatareofferedby managementinordertoimprove brand image. ProcessThis means process in relation to buying exposure that also focusingondistribution channel in order to attain the business goals. The management of selected company are using network or website, online buyingfacilityanddirectpayment mode that can help to attain the goals. 7
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PeopleThis means people who help in selling,delivery,increasing andmanagingthe organisational performance in challenging environment. Themarketingmanager,sales manager,financemanager,clean departmentetc.areworkingin organisation and helps to attain the business goals. Therefore, a marketing mix is uses by Travelodge company that is providing the Hotel services and variety of products to customers by focusing on their needs. This plan helps to fill the organisational objectives and completion of task in fixed period of time. All companies are adopting different types of marketing plans and systematic analysis that involves marketing planning, objectives, strategies and principles, influencing marketing directly that can help to maintain the higher profits. The managers are planning to run the campaign that is “Enabling a leading brand” that can help to manage the all activities and perform functionfor running business and improving profitabilityMöller and Halinen, 2018). Proposals related to the ways Travelodge could improve customer service levels as part of the marketing campaign. Proposal is a invitation and document which is prepared by organisation for the purpose of attaining their SMART goals by attracting customers and satisfying them. The objectives of Travelodge are defined above and a proposal plan is prepared for improving customer service and running business properly. This will help to increase the % of direct booking, brand awareness, customer satisfaction, increment in market share and profitability by applying proper strategies and marketing tactics that can help to manage the organisational functions and increasing the profitability. Proposals for Travelodge that can improve customer service level as part of “Enabling a leading brand” Marketing Campaign. Customer service means how an organisation is enable to attracts the customers and retain them for long period of time that can help to increase the organisational productivity in competitive environment. Organisation are setting the objectives and making a proposal plans that by identifying needs and delivery of such products that influences business performance and 8
managing the activities. The manager of Travelodge, focusing on needs of customers as what services they wants in hotel and how they can be satisfied by delivering services. The managers are planning to conduct market campaign with the name of “Enabling a leading brand” between the time duration of 1 July 2021 to 30 June 2022. The ways of improving customer service level are: Unacceptable –This means seeking customer feedback by providing them different ways to share their experience which they are feeling as bad. In this stage the customers of Travelodge will let to know about their bad, good and ugly experience. The web service provider of chosen organisation provides different channel such as live chat, tickets and phone 24/4 hours facility that can help to make plans accordingly. Strengthenyourcustomerteam–ThemanagementandsuperiorsofTravelodgeare improving their customer begins by building a strong customer service team. For this, managers are require to deal patiently with problems, low customer satisfaction, employee absenteeism. Moreover, good communication skills and knowledge will help chosen organisation to increase the team and selling their hotel services to customers effectively. This can help to reach near by goals and managing the performance(Möller and Halinen, 2018). Uses of CRM –This means customer relationship management that is required to be done by management and helps to share the information which increases business performance. There is also needed to improve the interaction and engagement of customers with management that increasesprofitability.Fillthecustomersneedsand makeeffortsto providethembest experience in changing environment. Supply chain – Travelodgeis using the effective supply chain process for the purpose of reaching and delivering the hotel services to customers by placing different places. Moreover, by using new technology and process of supply chain are uses by management that can help to manage the function and increase brand image. Leverage multi channel services – The managers of Travelodge should be use different channel such as mobile device, self service and social services that will help to provide the information regarding new hotel packages and attractive services that will help to manage the organisational function and brand image. 9
CONCLUSION From the above report it marketing activities are performing by management in order to complete their work and attaining the business goals. Customer service level is a systematic arrangement of customer satisfaction which is required by management to provide for the purpose of attaining the high brand and goals effectively. Proposal plans are prepared by management by deciding goals and making strategies which can help to complete the task and accomplish business objectives. 10
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