This article discusses the role of marketing in Marriott, its business and marketing objectives, 7 Ps of marketing mix, marketing plan, target markets, services, promotional strategies, competition, marketing goals, and competitor's strategy.
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RUNNING HEAD: MARKETING0 Marketing Officer in Marriott Marketing 8/20/2019
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MARKETING1 Meaning Marketing can be described as the company’s set of operations to link cost-effectiveness to the market. Marketing in the framework of modems goes away from its immediate part as a development through which the interchange of goods and services takes place and is seen as a vital part of the overall socio- economic organization that provides the background within which the events take place. A market is a public agreement which enables buyers and sellers to find data and exchange products or services on a voluntary basis. The word market is stated in economics to refer to combined commodity demand and pricing circumstances and its forces. Also, marketing is defined as the organisation performing the tasks of promotion and acting as the intermediate between buyers and customers. The term ‘market’ can denotes to the place where products are operated in everyday use, occasionally a market place. Historically, the notion of hospitality is about welcoming visitors especially strangers from other territories, in a spirit of goodwill. Hospitality involves warmth, respect and even security; it creates cultural knowledge and esteem(Wang, 2018). Marriott is an American publicly traded corporation. It is connected with the tourism, hospitality and resorts and hotels industries(Al-Zoubi & Mazen , 2017). In 1927, Marriott was established by J. Marriott Willard. Marriott thinks in worldwide development, which has resulted in his presence in most nations around the globe(Chen & Saloomeh , 2017). Business Objectives Marriott is the first and only hospital firm to create and execute a strategic account management strategy effectively. It positions positive marketing efforts against top accounts to achieve complete account requirements, corporate travel management, complicated organizations and non-traditional company solutions. Marriott places a particular importance
MARKETING2 on discovering, appealing and maintaining high-value clients through unified e-commerce, income management, network strategy and study and stellar advertising support. Marketing Objectives Marketing relates to other functional units in a hospitality organisation and can be achieved through use of strategies like using of social media is a marketing platform which helps in brand search rankings in Google, Yahoo and Bling. A hospitality business is must to have buying and booking process. An online booking option helps clients in reaching you without many difficulties. The choice of business location is the strategy which can be attractively made by adding up scenic views and theme parks. The investment in training the employees to meet the standards and quality of work is a serious thing. The valuing of customers is the most efficient and achievable task to do(Zhechev, 2016). Role of Marketing Marketing strategy plays a main role in creating a brand in any company, attracting fresh clients and keeping allegiance. The sector of hospitality is no different. The hospitality industry offers a cutting edge over others and consists of mainly of tourism so that the brand identity is compatible(Avery, et al., 2018). In today’s world, it is excessively significant to understand the role of marketing in organizations. Big and small organisations are contending for the same market today and winners have appeared as the utmost advanced and proactive. The global economy has comprehended the significance of tiny organisations and is gradually offering them the assistance they need to maintain their development. Marketers want to make sure that there is brand awareness so that clients constantly use their services. Repeat clients generate a magnificent share of income, so marketing strategy needs to be split between keeping relationships with previous clients to look for fresh ones.
MARKETING3 7 Ps of Marketing Mix Effective tourism and hospitality services marketing needs marketers to gain a strong knowledgeofthedistinctionsbetweenproductsandservicesmarketing.Successful organisations use market research to know about important client segments preferences and behaviours(Harrington & Deborah, 2017). Marketing is a method in the domain of hotels that guides clients to choose their goods and services rather than choosing their rival’s products. If a hotel does not account for this element to make its brand more important, its level of profit, sales and occupancy will be hampered(Darsin, et al., 2019).The important key for all hotels is to search the accurate channel of marketing and revealing the accurate message in order to stimulus the targeted guests. 1.Product Marriotthotelprovideuniquegoodsandservicestoitspotentialclients.The innovative ideas they look upon to cater the needs and excel in their services is what makes them a creative hospitality organisation. They provide premium services to a specific set of people. They provide satisfying and quality services in order to maintain trust and faith of their clients. Hotel Marriott has the diversified portfolio of resorts and hotels(Dhir, 2019). It’s been worked in recentyears to reach the position it has now. It constantly upgrades it services and operates in thirty brands including classic luxury, classic premium, distinctive luxury, classic select, distinctive premium etc. it includes Sheraton, Delta Hotels, Le Meridien, Westin, Bulgari Hotels, Courtyard.It provides air conditioned rooms, beds, side tables, refrigerator, phone availability, laundry services, business magazines. Further it excels in providing feast bar, guide services, bar, baby care and
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MARKETING4 medical services anytime and endless amenities.It has a number of cuisine options for all types of client’s tastes(Xie & Linchi , 2017). 2.Place Marriott is established globally and is spread across 110 countries and covers 5700 properties internationally. The headquarters are built in Bethesda, Maryland. Now it is located in several countries like China, India, Dubai, Thailand, Indonesia, Canada, Spain etc. Most of these hotels are sited at prime locations which differentiate its superiority from its competitors. The places include highways, airports and central parts of the city. 3.Price It is a multinational company which targets mainly upper class, companies, family people, honeymooners, premium travellers. It highly serves with integrity and earns revenue in billion dollars. It provides worthy food, services at fair prices and adopts value based prices(Barakat, 2018). It offers the finest possible facilities for its distinguished guest and therefore charges premium prices accordingly. Thus it has targeted high endclients; it has been confident of its pricing strategies because it demands clean products and services from its guests and is prepared to pay for it. 4.Promotion Marriott is a market leader worldwide of hospitality industry.It provides incentives to its clients by maintaining customer loyalty(Salman, et al., 2017).It also provides merchandise, vacations, gifts, bonus, up gradation of rooms to its frequent customers. The firm launched high-impact advertisement campaigns and targeted particular clientsto raise brand awareness. Through, recognizingitsservicesand unique characteristics, the firm has earned several awards.
MARKETING5 MarriottMarquisHotelDubaiwasrecognizedastheworld’slargesthotel construction in 2012 and it is said that Marriott Marquis Hotel Dubai has Guinness World Record’s largest library(Abdou, 2017). 5.Process The process of Marriott includes from the start of network or contacts till distribution of goods and services. Marriott is known for its food as much as for services.The creation of services has an impact over the clients which are a long term impact. It creates descent relations with its clients even after purchasing process. 6.People They are the most essential element of the organisation. They are who provide services to the clients. The Marriott is known for food as well as provide the services provided by the staff.Customer services for staff has become a priority for every organisations so is the case with Marriott. 7.Physical Evidence Servicesarelargelyintangible,butMarriottprovidesitsclientsaexcellent atmosphere with a permanent physical experience that makes it possible for clients to return and maintain that experiences. The Marriott brand’s other physical objects are towels, booklets, pens, soap etc. Marketing Plan of Hotel Marriott Mission The mission statement of hotel Marriott is to provide best hospitality and to excel in the service provided by it in the global arena. Its services are what make it different from the rest of the corporations in hospitality sector. Marriott International does not
MARKETING6 have a statement of mission instead has a vision declaration that states ‘To be the World’s Favourite travel Company’. Target Markets Marriott targets the upper class family and big corporations as they are its major cliental. The size of its market majorly looks for quality which is an integral part of its quality services so far. It is a growing sector where a lot of competitors enter every now and then. It stands out in its competition by maintaining good relations with its clients. Its services outcast every other nearby competitors as it provides a lot of extra services. Services Marriott hotels provide excellent customer satisfaction and provide a luxury services like accommodations, food, beverages, tourism and travel. Even the food services of Marriott include plate services, cart services, plater services, buffet services and family style services etc. Promotional strategies Marriott uses segmentation as division of customer as per their needs and wants and purchasingpower.Theymakeflexibleandcomfortingstrategies.Theyhave distributed their services as per segments of rich, luxurious, private portions, beautiful views. It targets the audience who are its potential and current customers. Competition There are competitors like Wyndham Destinations, Intercontinental Hotels, Hilton Worldwide, Hyatt Hotels, Four Seasons Hotels and Resorts and Millennium & Copthorne are among the top rivals of Marriott International. Marketing Goals
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MARKETING7 Marriott determine marketing strategies to generate leads and sales. They evaluate and track responses of marketing study. The goals of marketing are converted into marketing plan and then are strive and achieved. The plan and goals are determined as per the budget. Monitor Results The strategies of pricing, marketing and promotions are achieved or not is critically observed and acknowledged. This is done through evaluation of customers, their feedbacks to every strategy. Regular surveys and suggestions are often asked regularly. Competitors strategy Intercontinental Hotels and Resort Group, moved the brand on the market as part of their marketing strategy, requested DELOITT to help them bring their strategy to life by advancing and adapting an global program to give their staff the chance to acknowledge and comprehend the views, objectives and values of brand marketing. To bring extravagance brand to life program, forty thousand intercontinental hotel workers were inaugurated in 2006. Also, they hired public relations and marketing agencies from Hill & Knowlton to work on the publicity side. Wyndham Hotel Group situated in Queensland has dedicated public relations and media exposure. They support long standing relationships with manufacturers of television programs and significant authors of business publishing, powerful press coverage. They created mobile- optimised site so customers can check availability and book rooms at nearby hotels. Also, they had campaigns for each hotel brand sites.
MARKETING8 Bibliography Abdou, P., 2017. Winners and Losers in the Tourism and Hospitality Industry along the Transition Process: Evidence from South and North MED Countries.FEMISE Research ,p. 110. Al-Zoubi, A. F. & Mazen , A., 2017. The role of internal customer in improving the quality of hotel services in Jordan: A case study of the Marriott International Hotel in Amman. International Journal of Marketing Studies ,9(6), pp. 82-95. Avery, J., Chekitan, . S. D. & Laure , M. S., 2018. The Marriott-Starwood Merger: Navigating Brand Portfolio Strategy and Brand Architecture.Faculty and Research,p. 27. Barakat,M.,2018.AGEDIVERSITYMANAGEMENTINFIVE-STARHOTELS: IMPORTANCE-IMPLEMENTATION ANALYSIS.JOURNAL OF TOURISM. RESEARCH ,p. 74. Chen, D. W. & Saloomeh , T., 2017. A study of negative customer online reviews and managerial responses on social media—case study of the Marriott Hotel Group in Beijing. Journal of Marketing and Consumer Research ,Volume 41, pp. 53-64. Darsin, J., Joshuar, . R., Cristina , U. & Mariana , Y., 2019. Marriott International: Exploring and Understanding Disruption in the Hospitality Industry in South Florida.Journal of Multidisciplinary Research,March, 11(1), pp. 1947-2900. Dhir, S., 2019. Marriott Hotels.In Cases in Strategic Management,pp. 147-162. Harrington, D. & Deborah, . L., 2017. Marriott Corporation.Darden Business Publishing Cases,pp. 1-29.
MARKETING9 Salman, D., Yasser , T., Mohamed, . S. & Andrés , A.-T., 2017. A new marketing mix model to rescue the hospitality industry: Evidence from Egypt after the Arab Spring.Future Business Journal,3(1), pp. 47-69. Wang, J., 2018. Research on mergers and acquisitions of the international hotel group--Take Marriott M & A Starwood as an example.In 2018 3rd International Conference on Humanities Science, Management and Education Technology,p. 180. Xie, K. L. & Linchi , K., 2017. The effectsof Airbnb’s price positioning on hotel performance.International Journal of Hospitality Management,pp. 174-184. Zhechev, V., 2016. Integrated marketing communications of hotel chains.The Routledge Handbook of Hotel Chain Management ,p. 274.