This report discusses the roles and responsibilities of marketing, interrelation of marketing with other organizational functions, marketing mix of different organizations, and how to produce and evaluate a marketing plan in the hospitality industry with a focus on Marriott and Intercontinental hotel.
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Table of Contents INTRODUCTION...........................................................................................................................3 TASK 1............................................................................................................................................3 P1 Roles and responsibilities of Marketing............................................................................3 P2 Interrelation of marketing and other organizational functions..........................................4 TASK 2............................................................................................................................................6 P3. Marketing mix of different organisations.........................................................................6 TASK 3............................................................................................................................................8 P4. Produce and evaluate a marketing plan............................................................................8 CONCLUSION..............................................................................................................................11 REFERNCES:................................................................................................................................12 Books and Journals:..............................................................................................................12
INTRODUCTION Marketing can be understood as a process of getting valuable customers or clients interested in the products or services of a company. Marketing covers various aspects such as researching,selling,promotingordistributingthegoodsandservices.Nowadays,the significance of marketing has been increasing(Chinokul, 2019). Many companies are concerned more about their relationships with customers and they try to put every best efforts to satisfy them.Byinnovativeapproachanduseofeffectivemarketingstrategies,thecustomer relationship can be enhanced(Friis, 2018). Marriott is a leading luxury hospitality organization which serves the global customer base. This report is discussing about marketing, its roles and responsibilities. Also, the interrelationship of marketing with other departments, comparison of two brands i.e. Marriott and Intercontinental hotel in marketing mix and marketing plan is going to discuss. TASK 1 P1 Roles and responsibilities of Marketing Marketing is an activity undertakes by an organisation for the buying and selling purpose of their goods and services. It includes selling, promotion and delivery of products and services to the customers. Marketing function plays a very vital role to recognize the potential products which a company can introduce in the market. In context of Marriott, the marketing function ensures that the product is being placed and meeting the wants and requirements of customers in the marketplace.Also, the marketing works with branding and promotion of the product in the market and increases the participation of customers with the offered goods and services. ï‚¡Identify the requirements of customers-It is the primary role of marketing function to identify the needs, wants, habits and attitudes of customers and carefully analyse the gathered information to understand what the customers is actually demanding in the market. ï‚¡Anticipatingcustomer'srequirements-Itisalsotheresponsibilityofmarketing function to anticipate the requirements of customers as it provide the Marriott with first mover benefit and can help it to fulfil the demands of their potential customers. ï‚¡Making Profits-The key role of marketing function is also to devise the new and innovative solutions to sell its goods to the consumers which may involve providing the
customers with value added packages which improve the overall sales and profit of the Marriott and provide the clients value for their money. Satisfying the customer's needs-This is a crucial role in which marketing function identify the needs and wants of customers with a purpose to satisfy them (Fuciu, 2020). In context of Marriott, the marketing function must be able to identify the products which are demanding by customers and able to add value for their money. Promotion-Promotion is a very important role of marketing which can be understood as a form of communication in which message has been conveyed about company's products and services to the consumers. It involves the details of products which is offering in the market and related with merits and benefits of products with a motive to attract more customers and make them to purchase. Distribution-Distribution is meant by an activity in which products and services are move to reach the final user. It is a role of marketing in which products and services are distributed in the market through different modes of distribution which impacts the profits of Marriott as well. Pricing-It is meant by the monetary value that add on to the company's products and services. It is the most crucial component of marketing function that significantly affects the consumer’s purchase decision. In Marriott's context, the marketing department works with finance department to set the prices on the products which add value and consumers willing to pay the amount. P2 Interrelation of marketing and other organizational functions. It has been clear from the earlier section that marketing function plays different roles and responsibilities.In context of Marriott, it is very important for the marketing function to make a coordination with other departments of organisation to accomplish goals and objectives in a specific time (Greenland and Et.al., 2021). In Marriott's context, the inter-relationship with other departments is mentioned below: MarketingandHumanResource-HumanResourceisthebackboneofany organization which works for the welfare of employees and to hire the right talent to the right job in a specific budget. The marketing department coordinates with HR department to ensure that their vacant seats must be fulfilled with right talent in order to join the marketing group in the company (Insights, 2020).Furthermore, it also deals to provide
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appropriate training to the new comers as well as to existing ones which can support to address the challenges and changes in the market. the HR recruits the effective skilled andcreativeemployeesforMarketingsothattheycanacrryouttheirfunctions effectively and efficiently. ï‚·Marketing and Finance-It is important that marketing plan and strategies should be in a given budget. This involves taking into account the cost and profit margins of brand, goods, product line and many more.In Marriott's context, the finance department provides a budget to the marketing department with a motive to conduct the market campaigns and other promotional activities within a certain budget. Also, it helps to gather information related to the cost for carrying out the marketing activity. ï‚·Marketing and IT-Marketing and IT department deals together to ensure that the marketing and company's objectives achieved in the best possible way. IT department works with the collaboration that marketing team are equipped with latest technologies and all the functions are working as per the existing needs of the market. This unit help the hotel to conduct effective market research which saves time and effort f this unit. The data is analysed and evaluated by way of new technology so that the marketing unit can plan its activities and strategies to grow the business of Marriott. ï‚·Marketing and customer service- -Marketing and customer service department are inter-related with each other as they both focuses on the customers. Both the departments are linked for assessing that consumers demand are fulfilled with products and services. The customer service department of the Marriott provides feedback and review of customers to the marketing department to assist in the new product development. Hence, both focusing on to build the positive customer relationship. ï‚·Marketing and production department and operations-Production department is mainly concerned with the new product development and related operations within the company. The marketing and production department and operations are interrelated as they both ensures that new product will match the taste of customers.The production and marketing department works to research the new tastes that can be add to the existing ones. On theotherside, marketingandoperationsworktogethertoensuresthat organisational functions are in line with the marketing and objectives of Marriott.
TASK 2 P3. Marketing mix of different organisations. As per the viewpoint of Lappas (2019), marketing mix can be understood as a mix of those tools that an organisation engages and decides to accomplish goals of company such as high valued goodwill in the market, profit maximization and many more. In context of Marriott, it uses marketing mix to add value to its products and services such as promoting a particular product through radio, television, newspaper, social networks like Twitter, Instagram and so on (What is Marketing Mix? 7 Ps of Marketing(Product Mix) & Example, 2019). The cost of the product automatically increases when advertisement cost will be added to it. Initially, the marketing mix is consists with four elements i.e. product, price, place and promotion. Lately, due to the progressive strategic role of marketing, it is deliberated to coverother aspects which involve people, process and physical evidence in order to gain long term benefits and profits of company(Intyas and Primyastanto, 2020). In Marriott's context, marketing mix involves set of plans and tactics which helps to create organisational value in the market. It is identified that all elements are important and are inter-connected with each other. The success of the company is based on the effectiveness of all 7P's. In above picture, it is clear that marketing mix covers seven elements such as product, place, price, promotion, physical evidence, process and people. Marriott must comprehend all the elements to make marketing plans and strategies successful.
The following is the marketing mix ofMarriott hotel together with Intercontinental hotel for better comparison- Marketing mix Marriott hotelIntercontinental hotel ProductThereareservicesthatarebeing divided in 3 parts includes actual, core and augmented. They are also offering accommodation, food and recreational aspects. Theintercontinentalhotelis basically offering the main services such as accommodation, lodging and other entertainment activities to their guest. PriceTheyareputtingvariouspricing strategy based on different locations where the hotel is established. This also helps in maintaining the brand valueofthecompany.Theyare servingtheirhigh-classandusing priceskimmingformiddleclass clients. In context to Intercontinental hotel is using the hybrid pricing strategy for attracting the premium guest. Due to the luxury property, this is having the elite and high class customer by whichtheyareservingpremium pricing strategy. PlaceMarriott is the large property which is operatingtheirbusinessin120 countriesandallthepropertiesare being located near the airports and the highways to ensure the better services totheircustomersandleadingto access the online portals that cover the travel agents It is the global business which is operating their business in different locations and availing the services through the online booking from the travelagentsandalsooffertheir websitebookingtooffertheir services. PromotionThe Marriott is dependent on various digital promotion and emphasising on targeting the large customer base by usingcampaigns,advertisementto advertiseitsservicesinthelarge market. Theyareofferinghighstandard quality services and using traditional marketingstrategiesthatincludes word of mouth from its customers by whichtheyarehavingthedigital marketing such as emails.
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ProcessTheyareworkingwithproper transparency in order to provide better services to its customers and offering comfortable stays and easy booking. Theyareusingthemodern technologyequippedmediumsin ordertoavailthebetterservices whicharebeingmanagedbythe professionalstaffandhavingthe contactless keys and self check-ins. PeopleTheyareemphasisingongiving advance training to the employees in serve the large customer base and this is the aspects which also influence the outstanding services so that staff feel satisfied and valued. Theyarehavingskilled,creative employees who are contributing to thegrowthofthebusinessand leadingtomaintainthecustomer retention which leads to have higher profits. Physical evidence Marriott is serving the ambiance that canattractthecustomerandalso offeringthelavishinteriortotheir guest. It also focuses on retention of theguestbyofferingoutstanding experience. The hotel is serving to their elite high class client al which leads to increase the overall services of the hotel. The hotel is having the vibrant coloursinpublicareasandthe unique logo which leads to attract the large group of customer. TASK 3 P4. Produce and evaluate a marketing plan. According to viewpoint of Chen (2020), Marketing plan is an operational document that outlines an advertising strategies of a company to develop leads and achieving goals and objectives of company. It also determines the strengths of a company to satisfy the demand of customers (Marketing Plan, 2020). Marketing is important to promote a brand, its products and services in the market via advertisement, mouth publicity, brand promotion etc. In order to achieve the marketing objectives, it is important to produce an effective marketing plan. In Marriott's context, the main instances of the marketing plan is discussed below:
The hotel is focusing to expand its business in new location with a new service of indoor swimming pool in the room and personal spa centre in rooms. Vision and Mission-The vision of the Marriott is to offer their customers enhanced experience and lives of customers by enabling and creating the luxury hospitality services STP approach-It is a three step framework which shows a classification of target customerstofulfilthedemandsofcustomers.Itincludessegmentation,targetingand positioning: SegmentationTargetingPositioning It indicates the classification of customersbasedontheir tastes,beliefs,wants,habits, cultures, buying behaviour and many more. It is a very vital element to the companies to identify their clear targets so thatcanproduceplansand tacticsaccording.Marriott focusesondemographic factors. In this approach, the company focuses on the left out market bymakingappropriateplans and tactics so that it can cover all the markets. Targeting the market is very important as the customersalwayswantbest productswhichworththeir money.Marriotttargetsthe market based on income and make every effort possible to reach them. STP approach involves brand positioninginthemarket. Marriott uses best promotional tools to reach their customer. With the help of different tools ofcommunicationtheycan advertiseandpromotethe brand and its product. SWOT analysis-SWOT analysis helps Marriott to identify the internal factors such as strengths, weaknesses, opportunities and threats. StrengthsWeaknessesOpportunitiesThreats ï‚·The brand has allocatedtheir businessin many countries andhasa strong goodwill in the ï‚·Itexcessively focuses on the expansion which makes it impossiblefor maintaining the service ï‚·Penetrating and distributingin smallcities market can be thebig opportunity for the Marriott as ï‚·Competitionis ahugethreat forhotelas they continuously pursuit in order to become the
market (Rahmanand Et.al., 2020). It gains strong competitive benefitsby delivering high quality services thatnoother hotel can offer. standard. Afewcases has been found that affects the qualityof services. itbooststhe brand presence. Marriottcan focuson unexploited market such as LGBT communityso thatitcan enhancesales. Itcanoffer special discountsand offer to them. leaderof market. Anotherthreat canbethe global recession as it hashitthe businessof hospitalityand manyofthe propertiesare outinmarket for the sale as theyarenot ableto generate sufficient revenue. Identification of target persons-The respective brand is highly concentrated on the demographic factors to serve their products(Thanasi-Boçe, 2020). Marriott has a broader range of confectionery products and highly targets the customers from higher section of society. For that reason, they need technical expertise who could provide the information of competitors and updates about social media advertisements. Marketing goals- It covers SMART objectives of brand which are discussed below: SpecificMeasurableAttainableRealisticTime-bound To create a brand thatcannotbeat byanyother competition in the market.Product Tomeasure results, brand can usedKPI techniquesor Balanced Tomakebrand engagementin various marketplace (Unterseher, Diversifyingthe productwillnot be more complex asthecompany hasstrong Measuring successwillbe time-bound.
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diversificationis beingusedby companyinthe large market area. Scorecards so that Marriott can learn the strategies used is suitable or not. 2019).financialposition andcustomer base. Measure and success-Formulated plans and strategiescan be measured by KPI techniques and balanced scorecard. CONCLUSION It has been concluded that marketing plays a very important role in Marriott organisation. Marketing has different roles and responsibilities to achieve organisational goals such as its plays a role of identifying the customer's needs, satisfying the needs of customers, promotion, distribution and many more. It is also understood that marketing share a significant relationship with other departments of organisation. Marketing mix involves 7P's that are product, price, place, promotion, people, process and physical evidence and all are very significant to the company as they can evaluate what they want to offer in the market. Lastly, a marketing plan has been produced which helps company to identify the target market and how their products or services can provide benefits which includes goals, time frames, market analysis and many more.
REFERNCES: Books and Journals: Intyas, C. A. and Primyastanto, M., 2020, May. Marketing mix development analysis of preserved tongkol (Euthynnes affinis) on customer satisfaction in Malang, East Java, Indonesia. InIOP Conference Series: Earth and Environmental Science(Vol. 493, No. 1, p. 012043). IOP Publishing. Karl, F. M. and Et.al., 2018. Applying the health action process approach to bicycle helmet use and evaluating a social marketing campaign.Injury prevention,24(4), pp.288-295. Muchnick, M., 2021.Naked management: Bare essentials for motivating the X-generation at work. CRC Press. Parwada, C., 2020. COVID-19 outbreak lockdown and its impacts on marketing of horticultural produces in Zimbabwe.International Journal of Horticultural Science,26, pp.38-45. Pavlidou, C. T. and Efstathiades, A., 2021. The effects of internal marketing strategies on the organizationalcultureofsecondarypublicschools.EvaluationandProgram Planning,84, p.101894. Rahman, M. M. and Et.al., 2020. Challenges of value chain actors for vegetable production and marketing in North-East Bangladesh.GeoJournal, pp.1-11. Thanasi-Boçe,M.,2020.Enhancingstudents'entrepreneurialcapacitythroughmarketing simulation games.Education+ Training. Unterseher,L.,2019.SocialMarketingCampaignsasaTeachingStrategyforHealth Promotion.Nursing education perspectives,40(6), pp.381-383. What is Marketing Mix? 7 Ps of Marketing(Product Mix) & Example, 2019. [Online] Available Through: <https://lapaas.com/marketing-mix/> MarketingPlan,2020.[Online]AvailableThrough: <https://www.investopedia.com/terms/m/marketing-plan.asp>