Marketing Planning for Crown Hotels

Verified

Added on  2023/01/17

|11
|575
|75
Presentation
AI Summary
This presentation discusses the research conducted to identify trending technology impacting the hospitality industry and the development of a marketing strategy for Crown Hotels. The research was conducted using SWOT and PESTEL analysis, and information was derived through questionnaires, surveys, case studies, and secondary resources. The marketing strategy focuses on the implementation of Electronic Bracelets as a product, with a marketing plan that includes the four P's of marketing and implementation strategies. Monitoring and evaluation of the marketing activities will be done through increased number of visitors, gross profit margin, revenue, return on investment, customer reactions, sales numbers, marketing partner response, and competitor actions. The presentation also provides an opportunity for classmates to ask questions and provide feedback.
tabler-icon-diamond-filled.svg

Contribute Materials

Your contribution can guide someone’s learning journey. Share your documents today.
Document Page
Marketing Planning
Crown Hotels
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
The reason for the research being
conducted
To identify the trending technology impacting the
hospitality industry
To shortlist one or few of those to recommend
these to Crown Hotels
Thinking that the proposed idea will improve the
business performance of Crown Hotels
(Lidstone & MacLennan, 2017)
Document Page
Discussing the ways the research was
conducted (SWOT and PESTEL)
SWOT helped to identify the critical success factors for the hotel
These are price packages, discounted offers, adherence to safety
requirements and certain financial security
PESTEL helped to identify few opportunities for the hotel
These are stable political and economic state in Australia, growing
population of Millennials, high consumers’ disposable income and
initiatives to reduce its carbon footprint impact
Document Page
Discussing the ways information
being derived from the research
By conducting questionnaire and
surveys wit the target population
Reading case studies
Using secondary resources
(McDONALD, 2016)
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Key aspects that informed the
development of the marketing strategy
Conduction of situation analysis for Crown Hotels
Identification of “Electronic Bracelets”
Designing of marketing planning
Evaluation and monitoring of the marketing planning
(McDonald & Wilson, 2016)
Document Page
An overview of the marketing
strategy
The chosen product is Electronic Bracelets“
This will attract a huge investment
This will be made available to visitors in Crown Hotels and Resorts
The advertisement for this innovative move will be done using direct
sales, online marketing and community involvement
(Paley, 2017)
Document Page
Components of the marketing plan
including implementation strategies
Adherence to four P’s of marketing as
stated in the previous slide
Implementation will require
shortlisting staffs who will be taking
care of different tasks
Allocating tasks to appropriate people
Allocating budget
Evaluating and monitoring the
marketing plan
Before implementing the strategy the
plan should be communicated to all
the stakeholders
All their questions need to be
answered to get their cooperation on
the plan
(Lidstone & MacLennan, 2017)
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Monitoring and Evaluation of the
marketing activities
Monitoring will be made in number of ways mentioned as under;
Increased number of first-time and repeat visitors
Gross profit margin
Revenue
Evaluation will be done against a few criteria
These are as under;
Return on investment
Customer reaction and responses
Sales numbers
Marketing partner response
Action of competitors
(Paley, 2017)
Document Page
Opportunity to allow classmates for asking
questions and providing feedback
Giving the presentation
At the closing asking colleagues and attendees to give their valuable
feedback on the marketing plan
Document Page
References
Lidstone, J., & MacLennan, J. (2017). Marketing planning for the
pharmaceutical industry. Routledge.
McDONALD, M. A. L. C. O. L. M. (2016). Strategic marketing planning:
theory and practice. In The marketing book (pp. 108-142). Routledge.
McDonald, M., & Wilson, H. (2016). Marketing Plans: How to prepare
them, how to profit from them. John Wiley & Sons.
Paley, N. (2017). How to Develop a Strategic Marketing Plan: A step-by-
step guide. Routledge.
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
chevron_up_icon
1 out of 11
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]

Your All-in-One AI-Powered Toolkit for Academic Success.

Available 24*7 on WhatsApp / Email

[object Object]