This marketing plan outlines the strategies and techniques to achieve the marketing objectives of Insight Vacations Limited. It includes an overview of the company's products and services, target market, marketing mix, and promotional activities.
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Marketing Essentials for Travel and Tourism
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Table of Contents INTRODUCTION...........................................................................................................................1 TASK1.............................................................................................................................................1 P1. Describe the responsibilities and roles of marketing function in Insight Vacations.............1 P2. Examine how roles and responsibilities of marketing which is related in wider context of organisation................................................................................................................................2 TASK2.............................................................................................................................................4 P3. Comparison various ways by which tourism company apply marketing mix to planning process of marketing to attain objectives of business.................................................................4 TASK 3............................................................................................................................................7 P4: Marketing plan for Insight Vacations Limited to meet marketing objectives of the organisation.................................................................................................................................7 CONCLUSION..............................................................................................................................10 REFERENCES..............................................................................................................................11
INTRODUCTION Marketing refers to all the activities that company attempts to promote the buying and selling of their product and services. It helps an organization to maintain good relationship with their customers and gain their loyalty towards firms(Allis and Fraga, 2018).This report includes various marketing essentials for respective company Insight Vacations Limited, organisation is located in Guernsey, UK. It is an part of travel and service industry that operates tour, hotels and transformation arccos the world. Company has 3 total employee across all its locations in world and generate $ 101,123 in sales. This report includes marketing essentials for the respective company that help in understanding of roles and responsibilities of marketing functions within the company and how roles and responsibilities can relate to organisation. Furthermore, in this report the comparison between different tourism agencies and their ways to use marketing mix to the marketing planning process to achieve their business objectives and goals. At last marketing plan for Insight Vacations Limited to achieve their marketing objectives. TASK1 P1. Describe the responsibilities and roles of marketing function in Insight Vacations. Marketing Function is defines as selling and buying of goods & services for satisfy the needs & desires of end users. The key functions and roles of marketing mainly includes transportation of goods where they are required, storage of goods, collection of data of marketing for fill desired of customers. In broad context, marketing functions includes examination of needs of customers, expectations of demand of customers and analyse methods by which profitability of company will maximised(Amer, 2019). In terms of Insight Vacations, there are various key responsibilities and roles of marketing function which are described below:Identifying requirements of customers:It is include in marketing function which is responsible for examine the changes in needs & desires of customers. The primary focus of this function is to analyse wants, needs, habits and attitudes of customers and in addition, carefully examine data which helps in inspecting as what actually customer is demanding in market place.Anticipating requirements of customers:department of marketing have responsibility for anticipate the requirements of customers. It can provide organisation as first mover advantage and also helps company to meet needs and demand of customers. 1
Satisfying needs of customers:This function is regarded as primary role to satisfy desires of its buyers. Marketing manager have responsibility to analyse products which helps in satisfy desires of customers and also helps in offering as value of money. Making Profit:Function of marketing have responsibility to conceive innovative and new ways to sell their products to customers. This comprises of offering customersby value added packages which helps in satisfy needs of customers and also enhancing overall profits and sales of company. The role of marketing in context of Insight Vacations can be oversees by offering situation analyses strategy. It helps in concentrate on goals and objectives of company and also in terms of customers. The company offers objectives at corporate level which includes profitability, cost savings and growth in market segment. With help of corporate objectives organisation can translate and measure its goals(Aung,2019). In context of Vacation Insights, marketing objectives are helpful in introduction of new services and products which can leads to attainprofitabilityoforganisation.Inaddition,italsoincludesoverallmarketshareby identifying potential target markets. Furthermore, it is also engage in identifying supply and demand of its services and products. P2. Examine how roles and responsibilities of marketing which is related in wider context of organisation. The marketing is a term which consider various aspect under which Insight Vacations is been advertise its services and products in successful way. In this various set of action is induced which involves advertisement and market investigation for grabbing more customers in comfort and easiness manner.In terms of respective company, marketing departments perform many functions for smooth operation by better suitability. In addition, interrelation between distinct functions leads to complexity among working is decrease and this leads to develop favourable outcome which is discussed below:Marketing and Finance:It is considered as relevant plans and strategies of marketing must be in suitable budget. This involves cost and profit margin of product line, brand of company. Finance function of Insight Vacations offers marketing department with defined budget which leads to conduct campaign in defined cost. The function of finance department is to provide information which is related to cost for considering activities which is related to marketing(Avila-Robinson and Wakabayashi,2018). In terms of 2
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respective company, it is responsibility to have contact within finance department for knowing current financial position of organisation for carrying out activities accordingly.Marketing and Human Resource:The prime role of HR department is to work according which leads to welfare of their staff members and also to recruit right candidate to job according to their skills and knowledge in given budget. In terms of respective company, managers are linked with HR department to ensure as vacancies must be filled on right time with right candidates according to their skills and knowledge. In addition, marketingdepartmenthavecoordinationwithinHRDepartmentforensuringthat individual has been provided proper training opportunities which can helps them to cope up with current challenging situation of market segment. HR provides helps to marketing department as ensuring employees at their satisfaction at their work place and also attainment of goals in effective and efficient manner. Marketing and IT:As marketing and IT department work simultaneously for ensuring achievement of organisation goals in effective manner. This department works with cooperation along with marketing department for ensuring that all activities are equipped by recent technological advantage and all processes are work according to desires and needs of market segment. The attractiveness in marketing is mainly depend on perfect management in between both internal and external components which have impact on overall profitability of business. As marketing department plays important role in success of organisation which leads to requirement and needs of business which have to be continuously fulfil. The department is also plays various responsibilitiestowardstheirworkers,customers,socialwelfarewhichleadstooverall productivity and profitability of organisation(Bao,2018). As Insight vacations is tourism company which have responsibility to fulfil requirement of their guest in significant manner. In addition, marketing functions are closely related to other functional units of company. As marketing department is closely related to finance, IT, HR and overall functions of departments. Marketing functions mainly considers economic resources for implementing marketing plan which includes planning, research in strategies. For this there must be proper coordination with finance and other departments which ensures that all levels were working with same objective for attaining goals of organisation. It also considers as whether objectives and plan which are complying in business objectives of company. 3
TASK2 P3. Comparison various ways by which tourism company apply marketing mix to planning process of marketing to attain objectives of business. Marketing mix mainly used by marketing managers for examine current condition of marketplace and for innovate plan in marketing. Firstly, the focus of company were on four P's which involve price, place, promotion and product. But when there is involvement of strategic rolesof marketing,so thisleadsto considerimportantaspectswhich helpsinensuring achievement of long term objectives of company. So there is expand of three P's as people, process and physical evidence(Blythe and Martin,2019). With help of these P's organisation have insight on strategic role of marketing and also helps in enjoying better situations of market. By exceeding in three P's enables Insight vacations by increase focus on improvement of its people, process and physical evidence for provide its individual with value of money for enjoying competitive edge at market place. In this section, there is focus of examine application of marketing mix with different company. For this, Scott Dunn is compared with Insight Vacations for analysing distinct implementation of elements of marketing mix and their outcomes.As Scott Dunn is a luxury tourism operator which have its office in London. This company is specialised in catered villa, ski and tailor made holidays. Comparison between Marketing mix of Insight Vacations and Scott Dunn Marketing Mix FactorsInsight VacationsScott Dunn ProductIt refers to items of services that actually being sold by company. In service industry, product is not easy to examine is almost intangible. Company is designed their service product in careful manner. So that it providesserviceblueprintingfor properly defining goals. Itisfirststepinmarketing process. As according to this tourismoperator,itprovides specific activity and tour that is indemand.Itprovidehigh qualitytourswithauthentic offers. PriceThis P is includes price which is workingwhichleadstoattract In this company, it offers price oftoursandactivities 4
customers,profitabilityand competitiveness with niche markets. This tourism company responds its complexity at two levels(Chandiok and Sharma,2017). It deals with marketingstrategywhichincludes longtermreturnsoninvestment, productpositioningandcost effectiveness. according to value and demand at market place. Organisation simplyofferstheirservices whichmakevaluable experiencewhichare worthwhile. PromotionThis type of marketing mix includes in what way company attract their customers by using different means of advertising. In this type of company, they inform theirpotentialcustomersby effective means of promotion such aspublicity,advertising,sales promotion and so on. Inthistypeoftourism company, they utilise various advertisingtechniquesand campaigns that promote their organisation.Itmainly promotetheirfirmintarget market where there is appeal to reach customers. PlacePlaceisconsideredaswhere customers are buying services and products&servicesandinwhat manner company view & evaluate their services. As services provide bytourismcompanyislargely intangible so in context of respective company they may sell their services in exclusively online. They also uses various distribution strategies which helps in attainment of objectives. Inthistypeoftourism company, they simply provide theirservicesthroughtheir travel agents and store front. Nowadays,companyuses various technologies in order to make booking online which becomesmobilefriendly websites. Physical EvidenceThistypeoffactormainlyInthistypeoforganisation 5
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considered as there is provision for productsthattheyhavetobe physically evidence(Cooper, 2020). In terms of respective company, it providestouristattractionsby Brochures, canoe where they sit in, route maps and so on. they provide physical evidence for customers are being paid for their bookings. So for this company have been make sure byprovidingtheirguestsa fully good equipments to them. PeopleThismixmainlyincludeshuman factorswhoengageinservice delivery.Theyinteractwiththeir customersandteammembers.In this type of company, they generally focus on providing proper training facility to their staff members which is helpful in customer satisfaction. Organisationaretrainedtheir employees by extensive knowledge about their services. In this factor of marketing mix it mainly includes as investing onrightemployeesfortour activity. For this they trained theirstaffmembersas entertainandhaving enthusiasminthemwhich leads to draw more customers andoverallitenhances productivityandprofitability of company. ProcessesThis mix is define as distinct stages of process to delivered their product and services to their customers. In termsofrespectivecompany,it ensures all stages of processes which helpsinprecedingdeliveryof serviceswhichareplannedand executed in possible manner. Thismixmainlyexplains mechanisms,proceduresand flowofactivitieswhichis services are delivered(Lima, Lima and Seyfried, 2018). So for this Scott Dunn ensures as tourswhicharerunon scheduletimesandalso providetheircustomersa qualityserviceswhichis promised by them. 6
Different marketing tactics are used by distinct organisation to make its place in market segment. By these tactics they not only enables for attract customers but also helps in such manner to retain their buyers and reinforce image of company in mind of their guests(Meghana, 2018). In terms of Insight Vacations they mainly uses traditional marketing and word of mouth. So for this company have to required work with use of social media. In terms of Scott Dunn as it is competitor of above tourism company it uses internet marketing, relationship marketing and so on. TASK 3 P4:MarketingplanforInsightVacationsLimitedtomeetmarketingobjectivesofthe organisation A marketing plan is an outlet for marketing strategies of an organisation that define policies and techniques to achieve their goals and objective. Its an overview of business's advertisement plan and marketing plan that help organisation to analyse future opportunities for their company(Mahrous, and Hassan,2017). A good marketing plan helps in communicating strategies and different techniques involved in marketing team. An marketing plan can be short term and long term it depends on the objectives of an organisation. This plan is make for Insight Vacations Limited, and it provide company's overview of products and services strategies that ensure the successful growth of an organisation. Below is the detail study of business plan for Insight Vacations Limited. Executive Summary: Insight Vacations Limited is tour and travel company it aims to provide guaranteed quality of services and improve customer experience. Insight Vacations Limited has been striving with determination to provide maximum services to its travellers. Company is located in Guernsey united kingdom, and its a part of destination management company. Insight Vacations Limited is now offering new adventure package to their customers with more safety and hygiene due to COVID 19 situation in over all world. customers are more focused on their safety and hygiene needs more than other aspects. Below is marketing plan for Insight Vacations Limited to introduce new package in market. Mission of Insight Vacations Limited: 7
The mission ofcompany is to provide diligence for their customers, their aim is to delight every customer, every time through outstanding personalize services. Vision of Insight Vacations Limited: Their vision is to make “Insight Vacations Limited” a brand of trust and value within the tour and travel industry. SWOT analyses of company: This analysis helps to develop business strategies for an company. Whether the company is start-up or pre existing. SOWT analysis examine the internal and external factors that influencingthegrowthandsuccessofanindustry.Externalfactorsofancompanyis opportunities and threats and internal factors is strength and weakness. ThusInsight Vacations Limited can easily know about the growth measured by these factors. SOWT analysis of Insight Vacations Limited is following below: StrengthInsight Vacations Limited is well known travel agencies and has customer loyalty within their company. Lunching in adventure package for their customer could be beneficial to gain competitive advantages in the travel industry. They provide different services form other competitors in market that helps them to improve their customer base(Othman, and et. al., 2019). WeaknessesThere are various challenges for Insight Vacations Limited and their travel agents to provide proper information to all their customers about their new services and packages. Company can improve their information services by the help of internet and various online platform. Not adopting new trends could be a weakness for the company. OpportunitiesProviding hygiene and safety packages to their customers could be a great opportunity for the respective company in today's scenario. Company can use latest technology to improve their customers experience. Using latest Internet trendscanhelpInsightVacationsLimitedtobuildbettercustomer satisfaction in the market. ThreatsCOVID 19 has been effect the general economy and willingness of customers to travel. It could be threat for the company and its business. To deal with this threat company is introducing new adventure package with more safety and 8
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hygiene measures. Objectives Insight Vacations Limited has objective of improvement in their services for customers so that they can gain customer loyalty and increase their market share. With the launch of new adventure package they are willing to achieve their growth in travel and tour industry. Insight Vacations Limited, company wants to achieve brand trust and value in the market and want continuous growth in the market(Rather and Hollebeek,2020). Thus with the launch of new adventure product in the marketcompany can achieve its objectives and long term and short term goals. Strategies Segmentation:It is an process by which Insight Vacations Limited divide its market into small group of customers who is sharing similar need and wants. Company is choosing youngsters and adult group of people for their new adventure package so that they can attract them and gain profit and successful launching of their product. This process of segmentation include the age, growth, financial status of their customers. Targeting:It is process by which Insight Vacations Limited targets customers by their age group and the individuals who wants to travel in their adventure groups. They target the people with high level of willingness to travel. Positioning:Insight Vacations Limited can use online platform for the positioning and advertising their new package launch because the target customers are youngsters and they are more active on social-media platforms. It helps company to achieve its objectives and goals. Tactics: Product:Insight Vacations Limited is launching new adventure package, this package includes more safety and hygiene for travellers. It could help the customers to travel in the situation of covid in overall world. Promotion:Insight Vacations Limited is using online marketing to promote their new package in the market. It could help them to reach out to the people they want to share this information about new adventure product. 9
Price:Company is providing this package on moderate price forb their customers so that they can effort it and can travel with safety. This strategy could help the organisation to grab maximum attentions of people in market. Place:Insight Vacations Limited is providing online and offline booking for their new adventure product across the globe so that they can provide it to maximum generation of youngsters(Suhartanto,2018). Thus this strategies could help the people to have information about the new package. Controlling and monitoring: Insight Vacations Limited is focusing on the controlling and monitoring all the activities and task perform by the organisation. Administration assure that all the task and activities should complete on time(Watts and Parks, 2018). Monitoring mention that the activities performed by the company should be right to fulfil the objective of the organisation. Controlling involve the improvement of performance of individual in the organisation. Thus monitoring and controlling helps organisation to achieve their objectives effectively and efficiently. CONCLUSION From above report it has been concluded that marketing plan is important for tourism company Insight Vacations that is based on London. It is well known tourism company which attract many customers towards it by their efficient quality and services. This plan is helpful by offering various strategies in market segment. This leads to achievement of goals of company and market as well. The strategies which are applied are helpful by offering the standard marketing of company. It leads as helpful in focusing the techniques of marketing concepts which are useful in explaining the qualities of services. 10
REFERENCES Books and Journals Allis, T. and Fraga, C., 2018. Tourism, public transport and sustainable mobility. Amer, M., 2019. Marketing Planning as a Tool to Augment the Visitation of Heritage Sites and Museums.International Journal of Heritage and Museum Studies.1(1). pp.230-239. Aung, M., 2019. Strategies to survive and thrive of Myanmar tourism GDP: Case study of Bagan tourism.InternationalJournalonRecentTrendsinBusinessandTourism (IJRTBT).3(1). pp.16-21. Avila-Robinson, A. and Wakabayashi, N., 2018. Changes in the structures and directions of destination management and marketing research: A bibliometric mapping study, 2005– 2016.Journal of Destination Marketing & Management.10.pp.101-111. Bao,H.,2018.MarketingofTourismServices/Experiences'.TheEmeraldHandbookof Entrepreneurship in Tourism, Travel and Hospitality. Emerald Publishing Limited, pp.261-275. Blythe, J. and Martin, J., 2019.Essentials of marketing. Pearson UK. Chandiok,S.andSharma,P.,2017.HospitalityMarketing:StrategicIssues.InStrategic Marketing Management and Tactics in the Service Industry(pp. 213-242). IGI Global. Cooper, C., 2020.Essentials of tourism. SAGE Publications Limited. Lima, M.G.S., Lima, S. and Seyfried, 2018.Traveller Vulnerability in the Context of Travel and Tourism Contracts. Springer. Mahrous,A.A.andHassan,S.S.,2017.Achievingsuperiorcustomerexperience:An investigation of multichannel choices in the travel and tourism industry of an emerging market.Journal of Travel Research.56(8). pp.1049-1064. Meghana,V.P.,2018.Greentourismforsustainabledevelopment.AsianJournalof Multidimensional Research (AJMR).7(12). pp.206-213. Othman, B. and et. al.,2019. The influences of service marketing mix on customer loyalty towardsUmrahtravelagents:EvidencefromMalaysia.ManagementScience Letters.9(6). pp.865-876. Rather, R.A. and Hollebeek, L.D., 2020. Experiential marketing for tourism destinations.The routledge handbook of tourism experience management and marketing. Routledge Publications. Suhartanto, D., 2018. Tourist satisfaction with souvenir shopping: evidence from Indonesian domestic tourists.Current Issues in Tourism.21(6). pp.663-679. Watts, R. and Parks, Z., 2018.Development of Tourism and Travel Industry. Scientific e- Resources. 11