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THE COMPANY YOU HAVE TO USE FOR THIS ASSIGNMENT IS EASY JET
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MARKETING IN HOSPITALITY (TASK 2 & 3)
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COVER CONTENT Introduction Importance of marketing mix Policies and pricing strategies Role of the promotional mix Plan a promoting campaign Role that public relation and sales promotions Conclusion References
INTRODUCTION Marketing is definedas a process of promoting, distributinganddevelopingproductstosatisfy clients' wants and needs. Core function of hospitality marketing is to know the requirementofconsumers,understandingthe segmentation of marketplace.
Importance of marketing mix Marketing mix is very important for the company to achieve long term goals and objectives Its consists 4 factors which are as follows: Product:- Place:- Price:- Promotion:-
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Policies and pricing strategies Easy Jet apply competitive and Skimming pricing strategies. Pricing strategy and policy is based on supply and demand of customer in which business can decrease and increase the prices of flight ticket.
Role of the promotional mix Promotional mix:It is identify one of the main and essentialtoolofincreasingsalesandprofitof company. Advertising: Sponsorship and publicity Sales promotion:
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Plan a promoting campaign In order to advertise services and products, business entityrequiredtoorganisedifferentkindof promotion process. Planning process is essential for the business entity to identify the needs and demands of the customers and market trend in an effective manner.
Role that public relation and sales promotions Promotional efforts:It is important and essential tool which assist in establishing the better image of company in marketplace. Sales promotions: Public relation:
CONCLUSION As per the above mentioned information, it can be concluded that marketing is very important for the each and every companytopromotetheirinnovativeservicesand products.Promotional mix also essential for the business entity to attract million number of the clients towards business products and services.
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REFERENCES Bharwani, S. and Jauhari, V., 2013. An exploratory study of co mpetencies required to co-create memorable customer exper iences in the hospitality industry.International Journal of C ontemporary Hospitality Management. 25(6). pp.823-843. Bowie, D. and Buttle, F., 2011.Hospitality marketing: principle s and practice. Routledge. Chan, N. L. and Guillet, B. D., 2011. Investigation of social me dia marketing: how does the hotel industry in Hong Kong p erform in marketing on social media websites?.Journal of T ravel & Tourism Marketing. 28(4). pp.345-368.