This report discusses the marketing mix factors for Hilton Hotel, London, including product, price, promotion, and process. It also addresses comments made by students regarding these factors.
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Travel and Tourism Marketing Table of Contents
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INTRODUCTION.................................................................................................................................3 MAIN BODY........................................................................................................................................3 Marketing mix factors.......................................................................................................................3 Respond to comment made by other..................................................................................................5 CONCLUSION.....................................................................................................................................6 REFERENCES......................................................................................................................................7
INTRODUCTION Marketing is a process defined as promoting company’s products and services in target market. This report is based on the Hilton Hotel, London. In this report different elements of marketing mix will be discuss in respect to Hilton Hotel, London. MAIN BODY Marketing mix factors Marketing mix is a analytical tool comprises with different elements such as product, price,promotionandotherfactorsassociatedwiththeorganization.Allsuchfactors associated with marketing mix drives organizations to take competitive advantages in the target market sector. Product:Hilton Hotel is among the luxury hotel in United Kingdom. Hotel is well known for its luxury facilitiesand services that deliver into best consumer experience form the hospitalityservices.Companyoffersdifferentproductstoachievethebestconsumer satisfaction such as luxury rooms, yoga service, breakfast and food, restaurant, bar, lounge, party place and other key services which serve as the luxurious experience to consumers. Hotel Hilton also provides the service of free cab to pick customers from airport or to drop customers somewhere. Company also provide facilities of guide. Hotel management also established the customer grievance centre where customers can fetch their complaints. Company also provide massage services in the hotel (Becker and et.al., 2018). In hospitality sector quality of service play an important role in order to improve the growth of the company. Hilton Hotel management always try to aim to upgrade the quality of services associated with the hotel. Company always channelizes customer feedback policy in which customers get to put their views over different services and its quality. On the basis of customer feedbacks company also try to upgrade its service quality by making potential changes in key areas. Price:Price is also among the key marketing mix element. Price plays a huge role behind the company’s presence in market. This is among the key factor behind consumer decision making. Hilton Hotel is among the luxury hotels based on London. Target customers for luxury hotels are generally upper economic class or upper middle class peoples who generally do not concerns about the prices charge by hotels (Goh and et.al., 2019). The buying decision of such economic background customers are generally depends upon the
services quality delivers to customers in hotel. Apart from all the above aspects of customer decision making in case of luxury hotel management of Hilton Hotel follow the policy of low pricing in which company aims to deliver hospitality services at an affordable price range as compare to other key competitors in market. Hotel has a mission to serve the best hospitality services at the best prices to upgrade the customer experience in regards to stay in the hotel. Promotion:Promotion plays an important role behind the growth and success of the hospitality organisation. Promotion is defined as conveying about the company’s products and services to all potential consumers of the organisation. Marketing department of the Hilton Hotel channelizes different marketing and promotional campaigns to promote its productsandservices.Companychannelizesitspromotionalvideosatdifferent communication channels like radio, television, internet, YouTube, social media application and other key communication mediums (Kraus and et.al., 2016). Company also use holdings to promote its products and services. Promotion plays a huge role in improving the brand image of the company in target market. In order to improve the consumer base company also issue magazines that deliver precise knowledge about the services and luxury attached to Hilton Hotel. Hilton Hotel has been among the merging hotels in United Kingdom and company’s well diversified promotion campaigns has been one of the prime reason behind achieving such growth in market. Process:Process has been a part of the extended marketing mix factors. Process indicate about the approaches channelizes to promote company’s products in market. Hilton Hotel conducts different market research with the support of its marketing team about the consumer needs and demands associated with the hospitality sector. Company also follow the process of demographic segmentation and behavioural segmental to segment company’s products in market. Company use income basis to target customers. Company utilises social media channels and magazines as a primary targeting processes to attract potential customers. Travellers all across the globe are very keen towards reading magazines and exploring internet (Kucuk, 2017). Marketing team of Hilton Hotel usage the process of search engine optimisation to promote its products. Hilton Hotel London follows the strategy of taking feedbacks from customers to identify the customer experiences during the stay. This process also guides hotel management to identify all key areas of the hotel that delivers best customer experiences in hotel.
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The above elements indicate about different marketing mix factors associated with the Hilton hotel London. Respond to comment made by other Response against the product:Product elaborated in marketing mix factor about the Hilton Hotel has projected all products and service precisely. Students have demanded the critical elaboration about the products. It can be said that Hilton Hotel target customer category involves only high income background peoples which was a critical form of analysis. Company also deals in all forms of luxury products and services in order to achieve the best customer experiences. In this marketing mix all products of the Hilton Hotel has included so the students comments about skipping some elements in products is irrelevant. Respond against the price:Students commented that the prices did not mention about the products while elaborating the price factor of marketing mix about the Hilton Hotel. It can be stated that the hotel delivers multiple products at different price range. All prices can’t be summarises here. In the price factor it is clearly stated that Hilton Hotel targets upper class economic background peoples in society and also some extent of upper middle class which itself indicate about the company’s pricing strategy. Hilton hotel is a luxury hotel so the pricing of the hotel would generally be compatible in against to other luxury class hotels. Student comments about comparing with other class hotel pricing are not relevant for this report. Respond against the promotion:It is clearly mentioned that Hilton Hotel is channelizing its promotional campaigns at all key promotional networks like social media, internet, radio, television and other so the students comments about mentioning some specific promotional channels is already stated in report (Larimo and et.al., 2018). Students also made comments over projecting promotion technique which is also delivered as the company is utilising digital marketing technique that has projected in promotional approaches over social media networks. Students have argued that target customers for promotional campaigns of Hilton Hotel are not mentioned. It is also specified that marketing team of the Hilton Hotel utilises magazines promotions and search engine optimisation technique to promote its products in front of travellers and travel enthusiast. Respond against the process:Process for Hilton Hotel in marketing mix factors have projected about all approaches and processes used by the hotel to promote its products. Students commented about the diversification of process used by hotel which is relevant as
the Marketing team channelizes all key processes that can improve the approach of marketing campaigns of hotel. Students commented that Hilton Hotel channelizes effective marketing campaign due to its process which can also be projected as convenient in nature. Process put a huge impact over the efficiency of the marketing campaign. The above mentioned points have addressed different comments made by student over the marketing mix projection of Hilton Hotel London. CONCLUSION Marketing is an important part of hotel presence in the target market. This report has summarised product, price, promotion and process factors associated with marketing mix. Companies make effective strategies to promote its products based on the marketing mix elements.
REFERENCES Books and Journals Becker, S. J. and et.al., 2018. Parent preferencesand experienceswith psychological treatment:Resultsfroma direct-to-consumersurvey using themarketingmix framework.Professional Psychology: Research and Practice.49(2). p.167. Goh,W.H.andet.al.,2019.Howgreenmarketingmixstrategiesaffectsthefirm's performance:aMalaysianperspective.InternationalJournalofSustainable Strategic Management.7(1-2). pp.113-130. Kraus, S. and et.al., 2016. Standardisation vs. adaption: a conjoint experiment on the influence of psychic, cultural and geographical distance on international marketing mix decisions.European Journal of International Management.10(2). pp.127-156. Kucuk, S. U., 2017. Marketing and Marketing Mix. InVisualizing Marketing(pp. 3-7). Palgrave Macmillan, Cham. Larimo, J. and et.al., 2018. Patterns of SME’s marketing mix combinations and their characteristics in export markets. InAdvances in Global Marketing(pp. 333-364). Springer, Cham.