INTRODUCTION Marketing refer to the process of selling goods and services in the market and fulfilling the needs of the customers or gaining profit. It is an effective tool for the business organisation because it help in providing satisfaction to the needs and demands of the customers, making effective relations, creating strong market strategies and help in building a strong brand images at the market place. Firms can try to get an innovative approach in context of marketing strategy of business to realised the importance of consumers relationships(Babin and Zikmund, 2015). In context of an organisation marketing indicates to actions undertaken by a firm to promote the buying and selling the products and services of the company. This assignment is related to Premier Inn which is a British hotel chain and the largest hotel brand of UK. This company was founded in 1987 by Whitbread and headquartered in Dunstable, UK. This hotel operate its business activities and operations at international level with the help of 785 hotels and with more than 72,000 rooms. This report will discussed about the roles and responsibilities of the marketing functions and how these roles and responsibilities of marketing relate to the company. Further will be defined about the comparison between several ways under which different firm apply the marketing mix to the marketing planning process in context of attaining objectives of the business. A basic marketing plan will also produce and evaluate for the company. TASK 1 P1. Key roles and responsibilities of the marketing function Marketing refers to a function of the business of a company that help in providing information about the new goods and services of a company to the community. It is an activity of selling and buying the products and services of a company in the market to fulfil the needs and demands of the target audience. To achieve the business objectives in an effective manner, there are different effective marketing programs are conduct. In Premier Inn, the company deign effective marketing plans because without appropriate plans and polices no business can make growth and development in the sales and marketing of the company. In current time, there are high competition in the market so it is highly required to create strategies and policies which are good for the business of the organisation(Baker and Magnini, 2016). Marketing is a necessary function because it help infinding out and fulfilling the demand of the customers to offer 1
products according their needs.In Premier Inn, marketing department of the company play an effective roles and responsibilities which are mentioned as below: Gathering and analysing market information- It is the major and necessary function of marketing. InPremier Inn, the marketing department of the company collect information and data about the needs and demands of the customer that which kind of services they want to utilize(Bastable, 2016). For example, this hotel is a hospitality organisation so it offer different kind of services like accommodation and food services etc. So the marketing department of the company monitor the requirement of the services that which kind of innovation or important they have need. This hotel operate its business international level so it it can offer its services to different customers at numerous places or destinations as per their need. Marketing planning- It is an another function of marketing and the marketing department play roles and responsibilities through making plans or strategies so that they can fulfil consumers demands on time and for attaining the business objectives of the company. InPremier Inn, the marketing department help in planning for designing promotional, business and growth or development strategies. For example, the company plan to use different promotional strategies like social media, Facebook, Instagram, Twitter, Web advertisement and others. This help in creating awareness about the services of the company and attracting various customers. Product designing and development- It play an effective role in the sales of the products and services. Because if the company develop and create products and service according to the requirement of the clients then the firms will able to fulfilling their needs. In Premier Inn, if the management department of the company will design services according their customers thenit will help in providing competitive advantages to it. In its accommodation services this hotel offer better room services like attach let-bath room, WiFi, TV, electricity, good cleaning services and others. Customers also visit for various purposes like travelling, business and other and they stay in hotels. So they have requirement of meeting room and other. So this hotel can make improvement in its services and products to this way. It is beneficial for making growth and development in the business of the company. Branding- Marketing department play and effective role by doing the branding of the company so that customers have information about the product and services of the company. In Premier Inn, the marketing department playing efficient role in branding of the company(Blythe and Martin,2019). They design advertisement policies and strategies so that they can provide 2
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information to the various customers about the different services of the hotel. This department help in designing or selecting advertisement tools like social media, Instagram, Facebook and others for the branding of its services. Because now these days people use these functions an tools so they can easily collect the information about the company and its products and services and take the befits of them. Customer support service- Marketing department help in solving the quarries and resolving their issues by providing them customer support service. InPremier Inn, marketing department play their roles and responsibilities by solving the issues of the consumers regarding services and products of the hotel(De Jong, Marston and Roth, 2015). For example, if the customer have confusion about the services and prices then this department help them by providing clear or proper information about them and remove their discernment. To minimize and resolve their quarries and issues, the company can use different customer support services like after sales services, handling customer complaints, Technical services and others. In after sales services the organisation can support the consumers through their feedbacks and through face to face interaction or phone calls, they can support clients. These all functions of marketing are beneficial for the growth of the firm and help in the development of the company in terms of increasing profit margins and enhancing productivity. P2. Explanation of the roles and responsibilities of marketing relate to the organisation From the above information, it can be monitored that marketing department play an effective role in the crucial running of the organisation. But it is not easy and possible to work individually fro accomplishing the business objective of the firm. So it required to support and work with other functions and department of management which are crucial for developing and creating plans and policies. InPremier Inn, marketing is an essential business function because it help in proper running of the company till a long period of time and sustaining inn the market. It is beneficial that marketing function efficiently work with other function of the business to generate favourable outcomes in term of profit and growth.With this objective,Premier Inn can work with different functions and departments which are mentioned as below: Human Resource department- It is a department which is responsible for the proper management of the business activities, operations and functions. This department help in designing rules and regulations of the company(Faßmann and Moss, 2016). In Premier Inn, it is responsible for developing the plans and strategies for the company so that they can help in the 3
running the business of the company. This department has an interrelation with marketing department because when the marketing department of this company have required to hire candidates for filling the vacant positions of the company. Then with the help of marketing department, they provide notification, advertise and share information related to vacant posts. So with the help of promotional technologies they hire candidates(Jenyo Gabriel and Soyoye Kolapo, 2015). When there are requirement of employees in marketing department, human resource department organise or conduct recruitment and selection process to select a qualified candidate for the vacant posts. If there are ned of training, learning and motivating employees of marketing department then HR manager organise training, learning and development sessions so the employees can improvement in their skills and knowledge as per the requirement. Accounting department- It is an another crucial department of management which is important and responsible for running the business activities because with out fund and finance any business can not grow. In Premier Inn, this function is effective for running the business operations of the company because without the having finance, it can be design services and products for the company. Finance department of the company manage the fund and have proper information about that cost which is invest by the marketing department on different activities like promotion activities about the services of the company. This department handle a variety of task and work like account reconciliation, invoicing customers, payables processing, budgeting and others. Accounting department providing fund to marketing department for organising different activities like internet marketing, sales promotions and others. Accounting department help in proper budgeting of all these activities and have proper information about the fund which is invest by the marketing department on the promotional activities like online sales, internet marketing sales promotion and other. Research and development department- At present time, there are various kind of changes occurred in the needs, demands, taste and preferences of the customers. So it is highly required to the organisations to have information about their needs and desires. To identified changes in the demands of the clients, organisation need help R&D department so that they can offer information about the alteration(Lane, 2016)(Mueller and et. al., 2015). In Premier Inn, the marketing department do its research at small level and find out changes but R&D department help this department for identifying the changes at large level or global level. So with the help of it, they can easily conduct the research and analyse the needs of the customers that which of 4
services they want and what kind of improvement they have need in existing services of the hotel. Sales department- It is a department which is responsible to increase the sale of the company. This function of the management directly link between an organisation's goods and services and its customers. This department effectively help in increasing the sales of the company by designing and creating strategies and polices related to sales.In Premier Inn, sales department help in increasing the sales and marketing help in bringing people fro buying the products an services of the company(Muralidharan and Raval, 2017). This hotel has well trained sales staff which help the company to make improvement in its sales to build good relation with the customers who come in the door and call over the phone. Marketing help in providing information to the people through websites, message, phone and others so that they can getting attention and take benefits of them and making improvement in the sales. After monitoring all these functions of management, it can be determined that different roles and responsibilities of marketing relate to the various functions of management and they are helpful for the growth an d development of the company in several aspects. TASK 2 P3. Comparison between the ways in which various organisations apply marketing mix Marketing Mix- It refers to the combination of factors that can be controlled and managed by an organisation to encourages the clients to purchase its goods and services. In context of an organisation, it can be a process of putting or establishing a right product, in right place, at right time with right price. The 7P's of marketing ofPremier Innis as following: Product- It refers to an item which is develop and manufactured by a company to provide satisfaction to the needs and demands of the target audience of the company. Product can be tangible or intangible as it can be in the form of services and goods. InPremier Inn, there are various products and services which are provided by the company to its customers such as rooms which include furniture, beds, mattresses, free Wi-Fi and others. In its services, they offer food and beverage services, pubs, cafe, beefeater etc. Place- It indicates to that place where these products and services are available and in the reach of the customers(Nirschl and Steinberg, 2018). So that they can take benefits and able to 5
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purchaseof them. In context of goods and services, these places can be supermarket, stores, online sites and others. In context ofPremier Inn, these places refer to those destinations where this hotel provide its services. This hospitality organisation provide its services various nations like United Kingdom, Ireland, United Arab Emirates, Qatar, India, Germany etc. Source: Marketing mix,(2019). Price- It basically refer to that amount which is pays by the clients and consumers to the products and services. It is a most crucial factor of marketing mix because it help in maximizing the profit of the firm. InPremier Inn, the management of this hotel follow, penetration pricing, premium pricing for the sales of its quality services. Promotion- It is an another essential component of marketing because it help in increasing the barns awareness, images, reputation and sales(Okumus and Cetin, 2018). Basically this factor is beneficial for the providing information about the products and services which are providing by the company. InPremier Inn, there are various promotional channels like social media, Facebook, Instagram, TV, Web advertisement etc. which are used by the management of this company. 6 Illustration: Marketing mix
People- This component of marketing mix refer to the employees and target audience of the firm. In the firm, workers are important because they help in delivering the services and running the business of the firm(Pappas, 2017). InPremier Inn, people indicates to the employees of the company. There are 428 workers that help in running the business of this company. This company offer quality services at affordable prices so there are numerous customers. Process- It indicates to the whole activities of manufacturing goods and services. In context of an organisation, it can be a process or system of producing products. InPremier Inn, it refers to the entire act and actions of designing and offering services to its potential customers. Physical evidence- It is an effective component of marketing mix because it refer to the effectiveness of the products and services. InPremier Inn, this factor refer to the effectiveness of the service for example, this organisation belong from hospitality sector, so the rooms are construed with good furniture, lighting, cleaning and other required services. Thereisacomparisonwhichcanbemakebytheorganisationsforthebetter understandings of the marketing mix to the effective marketing planning process to attain the business objective. To compare the ways, the management must chose those organisations that belong from same industry.Premier Inn and Holiday Inn both belong from hospitality industry and the comparison of them as defined below: Marketing MixPremier InnHoliday Inn ProductTherearenumerousservices provided by this company like goodroomswhichare constructedwithbetter furnitures,bed,tableand others, Wi-Fi, mattresses, TV, Telephone,cleaningservices and others(Pike, 2016). Inthisorganisation,the managementofthecompany offerbetterroomservices includedfreeWi-Fi,LCD, telecommunicationservices, easycheckinsystemand cleaning services etc. PriceIt refers to that amount which isofferedorpaidbythe customersinexchangeof InHolidayInn,the managementofthecompany followspremiumpricing, 7
goods an d services. In this hotel the management of the companyfollowsskimming andpenetrationpricing strategies for its services. economicandpenetration pricingstrtaegiesforthe productsandservicesofit (Pike, 2015). PlacePremierInnoperatingits business activities in Ireland, United Kingdom, United Arab Emirates,Qatar,India, Germany and others. This hotel provide its services inBrazil,RioDeJaneiro, Europe, America, Middle East, Africa, Asia Pacific and others. PromotionIt is an activity of providing information about the products and services of the firm. In Premier Inn, there are different tools and channels like social media,Facebook,Instagram, TVandothersareusedby usedbymanagementfor creating awareness. InHolidayInn,the managementofthecompany useddifferentchannelsof promotionsuchasweb advertisements, Twitter, social media and others to aware its targetaudiencewithbits products and services. PeopleThere are 428 employees who arehelpedinrunningthe businessofthishotel effectivelyandnumerous target audience who are taking benefits of its services. In Holiday Inn, there are 171 employees who are working in thecompanyandmaketheir contributionintheproper running of the firm (Holiday Inn'sNumber of Employees, 2019). ProcessIn Premier Inn, the company useorprovideaserviceof online and offline booking of the rooms. It also use online The management of this hotel, followedeasycheckinor check out process. They also use online booking and develop 8
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payments,internetbanking and others. mobileapplicationsothat customercaneasilytakethe benefits of its services. Physical evidenceWithinthisfirm,the managementofferquality serviceslikegoodroom services,cleaningservices, easycheckinandpayment services. In Holiday Inn, the company offer effective room services, food&beverageservices, payment services, cleaning and otherservices(Piñeiro-Otero and Martínez-Rolán, 2016). TASK 3 P4. Production and evaluation of a marketing plan for a company As discussed above, the Premier Inn is a British hotel chain which provides the accommodation facilities to its customers. Marketing plan is a detailed documentation which are prepared by the organisation when they bring in new product or services. This plan highlights the different strategies, tactics, actions, etc. which will be used by the company in order to market its new products. Therefore, the new product which will be brought in by the Premier Inn is salon. The hotel has already spa facilities but now it is thinking to launch its own salon services not only in hotel but also outside the hotel. This salon will provide various services to the people like hair cut, waxing, manicure, pedicure, facial, clean up, etc. For this, the Premier Inn hotel will develop new marketing plan with the help of SOSTAC model. SOSTAC Model Situation analyses:Under this, the Premier Inn will examine and analyse the internal and external business environment which can have a crucial impact on the operations of the company. For this, the hotel will conduct the SWOT analyses. SWOT Analyses The SWOT stands for strength, weakness, opportunities and threat where it depicts the internal strength and weakness for the company and external threat and opportunities, by conducting SWOT, the Premier inn will be able to measure the competitive position of the company and by taking that into consideration, the strategic planning is done(Pride and Ferrell, 2016). The following is the SWOT analyses of the Premier Inn hotel: 9
Strength Strong brand recognition in the market of UK which helps them in bringing more and more customers. Theyarehighlyinbudgetofthe customersandprovidesvarious services in minimum prices. Thehotelhasdifferentrangein differentpartsofthecountrywhich makes it known to the local customers. Weakness Due to the higher level of competition with various global brands, the hotel has minimum market share. They have limited profit margins due to the spread of business in few countries only(Puddle, 2015). Opportunities ThePremierInnhastheglobal opportunity for expanding the business in global market. It has an opportunity to enter into new product line like salon. They can give special seasonal offers to the customers in order to increase the sales. Threat Higher level of competition with brands like Holiday inn, Marriott, etc. Reductionintravellingandtourism because of threat of terrorism. Objectives:Under this, the business objective are set for the new product which is brought in by the Premier Inn hotel which is SMART that is specific, measurable, accessible, reliable and time bound. Mission:The mission for the new product of salon which is being launched by the Premier Inn hotel is “ to provide a friendly, personalised services to the customers with the team of highly expertise and professional people”. Vision:The vision of the company is “ to be the salon where each and every individual will feel comfortable and every customer leaves with a feeling of immense satisfaction”. Business objectives:The objectives is SMART where the company aims : To maximise the sale by 10% with the new product of salon by the end of 2019(Purvis, 2015). 10
To increase the revenue and profits by 5% with the new product by the end of 2019. Strategy Under this step of SOSTAC model the Premier Inn will use segmentation, targeting and positioning strategies for the new product which is being introduced by the company that is salon. Segmentation:The term segmentation divides larger market into similar characteristics such that it can be combined. Therefore, under this, the Premier inn will segment the market on the basis of demographic factors, behavioural factors, etc. Under demographic, it will target those customers who have lower or middle income, on the basis of age it targets all age group people including kids, adults, senior citizens etc. On the basis of gender, it target both male and female(Rancati, Gordini and Capatina, 2016). Target:The targeting is concerned with providing the market for the product and services which is being introduced by the Premier inn hotel. Therefore, the hotel will not only target the male and female but there are various events which are organised in the hotel like fashion show, weddings, etc. So the hotel will target all those people and provide them with complete grooming. Positioning:It is the way through which the product is to be marketed in the market. This is the strategy which will help the premier inn in setting itself distinct and unique in the market. For this, the unique selling proposition for the hotel is providing customised, affordable services without compromising with the quality. Tactics Under this, the Premier Inn hotel will use the marketing mix strategies for the new product which is being launched by the company for the new product. They are those tactics through which the company is able to make people aware of the new product which is being launched by them. Product:The product is the physical aspect which is served by the Premier inn hotel. In this, the new product which the company is selling is salon services where the customer will get complete transformation of their looks and style. Price:It is one of the most important aspect because customers are price conscious. The Premier inn will adopt Competitors pricing strategies where the prices of each products and services will be set below its competitors(Ryom and et. al., 2016). 11
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Place:The place is the location where the services or product has been reached to the customers. Therefore, the Primer inn will provide the services of salon in their hotels and also in different areas of the country. Promotion:The promotion is the method which helps in making people aware about the companiesproductsandservices.Therefore,thePremierInnwillusedifferent promotionaltoolsandtechniqueslikeadvertisements,demonstrations,vouchers, coupons, discounts, etc. in order to attract customers. Action Under the action, the Premier inn will concentrate on taking varioussteps like offering, discount pricing etc. for improving the sales and profitability of the company(Zimmerman and Blythe, 2017). This is important for the company in order to sustain in the competitive market. The budget which will be require to set up this new product of salon includes Euro 40,000. Control The Premier inn will use various measures in order to keep control on the operations of the company. With the proper observation of the operations and activities of marketing plan the management of the company can monitor it.It will regularly monitor that the process is going as per the plans and if any deviations arises then corrective actions will be taken by the company. CONCLUSION As per the above information it can be analysed that marketing is an effective function for different organisations because it help in effective running of the company. Marketing help in increasing the sales and productivity of the firm and make development in the growth of the company in term of profitability. This department is interrelate with the different functions of a company and it the help of them make contribution in the growth of the firm. Marketing mix is a tactics and a strategy which is used by the management of the company to resolve temporary issues which make contribution in achieving the aims and objectives of the organisation. Marketing plan is effective for the development and expansion of the business by analysing the needs of the customers and producing goods according to them which provide satisfaction to them. 12
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