DISCUSS ISSUES IN THE PRODUCT, PRICE AND PLACE ELEMENTS OF THE MARKETING MIX WITH REFERENCE TO THOMAS COOK’S SUMMER 2018 HOLIDAYS TO MOROCCO AND EGYPT •Marketing mix is the framework of key factors based on which the marketing of the organization is carried out •Marketing mix is based on three Ps which include product, price and place as factors •The product factor focuses on the good and services offered by the company including the tools of variety, design, brand name, packaging, services, and quality
DISCUSS ISSUES IN THE PRODUCT, PRICE AND PLACE ELEMENTS OF THE MARKETING MIX WITH REFERENCE TO THOMAS COOK’S SUMMER 2018 HOLIDAYS TO MOROCCO AND EGYPT (CONTD..) •The second P is Price, which focus on the amount paid by consumers when purchasing the product or the service offered by the company and the tools of implementation includes credit terms, list price, discounts, allowance and payment period •The third P is Place or distribution, which controls the variables related to activities and strategies that enable the product to become available for consumer usage •the last P is concerned with Promotion, where the strategies help in enhancing communication of the product’s service features and benefits
ASSESS THE IMPORTANCE OF SERVICE SECTOR MIX ELEMENTS TO THE TRAVEL SECTOR •Service marketing mix encompasses the mixture of elements of services marketing that organizations apply to communicate the brand message to consumers •The mix includes the 7 Ps of service marketing which includes product, place, promotion, pricing, people, processes and physical evidence •In the sector of travel and tourism, consumers travel where the services are located and the key principles of the service mix include hospitality •The combination of the factors of pricing strategy, place strategy and the others stated together help to direct success in the service marketing of the company, such as Thomas Cook
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APPLY THE CONCEPT OF THE TOTAL TOURISM PRODUCT TO AN INDIVIDUAL TOURISM BUSINESS SUCH AS THOMAS COOK •Total tourism is the product of the tangible and the intangible components of the activities at the respective destinations •Morocco and Egypt are examples in this context •The total tourism product can broadly be defined as the strategy encompassing the elements of an ‘ideal’ tourism experience
APPLY THE CONCEPT OF THE TOTAL TOURISM PRODUCT TO AN INDIVIDUAL TOURISM BUSINESS SUCH AS THOMAS COOK •The concept of total tourism when applied in regards to Thomas Cook will firstly focus on the primary and basic aspects such as bookings, air transport and accommodation •Next, it will focus on the secondary factors of the public goods and lastly, on the complementary services •the company has diversely branched tourism destinations, has over 100 airplanes for its customers, and a distribution network of products in retail stores and other third party agents, the concept of total tourism therefore, is applicable