This assignment discusses the key roles and responsibilities of marketing function in the hospitality industry, with a focus on Coworth Park hotel. It covers the concept of marketing, marketing process, and the role of marketing in relation to other functional units. It also compares the marketing mix of Coworth Park hotel with Stoke park hotel.
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Hospitality Marketing Essentials
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Table of Contents INTRODUCTION...........................................................................................................................1 LO 1.................................................................................................................................................1 P1) Key roles and responsibility of marketing function.............................................................1 P2) Role and responsibility of marketing in relation to wider organisational context................3 LO 2.................................................................................................................................................5 P3) Comparison between marketing mix...................................................................................5 LO3..................................................................................................................................................8 P3) Marketing plans and strategy................................................................................................8 This part is being covered in PPT...............................................................................................8 CONCLUUSION............................................................................................................................8 REFERENCES................................................................................................................................9 .........................................................................................................................................................9
INTRODUCTION Thehospitalityindustrythatmainlycomprisescompaniesassociatedwith accommodations, food services, recreations and entertainment sectors is characterised as one of the most fast growing industry across all world including UK also. With the increasing in size and importance in hospitality the competition level is also increasing thus, the role of marketing function is also becoming crucial and necessary for all organisation(Okumus and Cetin, 2018). Following assignment is based on hospitality marketing essential and the chosen organisation for this report is Coworth Park hotel situated at Ascot, Berkshire, England, UK which is a luxury countryside resort spans over acres of land and providing a vast range of services and facilities to its customer that includes hotels rooms, spa, polo ground, heated pool, etc. This assignment includes concept of marketing together with its role and responsibility. Beside this, an analysis of its influence and interrelation with other functional unit is also included. Along with a this, use of marketing mix in achieving set goals and objective is also there. LO 1 P1) Key roles and responsibility of marketing function Concept of marketing Marketing concept is mainly associated with philosophy of organisation that emphasis on analysis of customer needs to take best possible decision to satisfy those needs and desire better than its competitors(Hassanien and Dale, 2019). Marketing also includes various promotional and communication tool to attract and cater consumers through transferring relevant information about the product of organisation. The current trend of marketing includes use of online or digital media for developing a better integration and relation among organisation and its customer that includes use of social media like Facebook, Instagram, twitter and other online website. The future trend of marketing will be more focused towards use of artificial intelligence to provide a much better interface to clients, firms and customers. Overview of marketing process Marketing process aim at analysing and identifying various opportunity in the market and includes selection of most profitable target market and marketing planning and control. The planning process of any hospitality organisation like Coworth Park hotel includes following four process or elements: 1
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Strategic marketing analysis- This process includes timely and well coordinated market research with the aim of identifying needs, preferences and demand of customers in the target market. Marketing mix planning- This step of marketing process involve strategy formulation and deciding various tactics to achieve the strategic goal including decisions regarding product, prices, place, promotions and other components of marketing mix(Eletxigerra, Barrutia and Echebarria, 2018). Marketing implementation- This step focuses on developing a harmony and coordination among various marketing components and tool like advertising, sales promotion, publicity ideas, etc. to ensure the effective implementation and execution of marketing plan. Marketing control- It includes timely evaluation of marketing plan on periodic basis to ensure achieving its objective. Various control measures are also adopted by firms to have a check and control efficiency, productivity and performance of overall marketing function. Role and responsibilities of marketing function In the current dynamic and fast growing business environment marketing plays a crucial role in success of all organisation. Coworth Park hotel is a hospitality organisation of UK which is providing an ideal destination and best hotel services for its customers that includes acres of parkland and spacious playground to room outside in fresh air with completely safety. Beside this, Polo ground and Equestrian centre are also there that provides a wonderful way of enjoyment to its customers. Beside this, an effective marketing team is also there to help, advise and generally sort issues and problems of customers together with promotion of itsCoworth Park hotel(Dixit, Lee, and Loo, 2019)(Bao, 2018). The other crucial and important role and responsibility played by marketing function of Coworth Park hotel are as follows: Periodic market analysis-It is the responsibility of marketing team to conduct periodic market research and analysis to get information about current trends and scenario of market. The marketing function of Coworth Park hotel, includes timely market research to get better understanding about current situation of target market and to have an overview about desires and demands of customers together with knowledge about various strategy and plans of competitors (Malik and Sharma, 2019). Strategy formulation- Marketing function is having an important role in developing and formulating a strategy as it one that is having the maximum information about the current market 2
trends and situation thus, plays a crucial role in adopting and formulation best strategy as per the current situation of market. In Coworth Park hotel also marketing function aim at keeping a balance between current market trends and policy and strategy of organisation so that best possible results can be achieved and also ensures the fulfilment of targets well on time. Product development-Apart from strategy formulation, marketing function is also having a significant role in product development as marketing makes an organisation aware about the current pricing trend and potential demands and desire of customers thus, facilitates delivery of desired goods and services(Melissen and Sauer, 2018). For Coworth Park hotel also, marketing functions makes this organisation aware about the current demands and desire of customers so that they can also provide and deliver that services and facilities to its customers. Beside this, marketing also provide information about the prices strategy of competitors so that Coworth Park hotel can provide its facilities to customers at most adequate price level to attract and cater more customers. Promotion and communication- It is the most important role and responsibility of marketing function of any organisation that aim at communicating and promoting positive aspects and features of an organisation and aim at enhancing the overall image of products and brand of an organisation. In Coworth Park hotel, use of various tools and techniques like social media and other digital promotional and advertising tool are made by its marketing function to ensure timely and interrupted flow of information among its customers and other related parties to have better integration and relation with its customers. This role of marketing function of Coworth Park hotel ensures better brand positioning and makes it different and superior than its other competitors in the market to have better productivity and profitability. P2) Role and responsibility of marketing in relation to wider organisational context Marketing is one of the most important function of any organisation but it cannot achieve the organizational goal in isolation thus, a close interrelation and coordination among marketing and other departments are necessary in relation to a wider organisational context to ensure fulfilment and achievement of targets and objectives of organisation on time(Gibson and Parkman, 2018). The interrelation and role of responsibility in relation to various functional units of Coworth Park hotel are provided below: Marketing and finance- A relation between marketing and finance yield better control over expenses and also enhance the effectiveness of marketing tool to meet the desired 3
objectives. InCoworth Park hotel, finance department made proper analysis and budgets regarding the financial needs of marketing function provide adequate amount of finance for marketing tools like advertising, promotion, etc. This keeps a check on expenses made on marketing thus, facilitates cost efficiency in marketing function and in return an efficient and effective marketing attract more customers through grabbing their attention thus, facilitates more profits and sales revenue which makes it easy for finance department to mange its day to day expanses and meed long term financial needs(Teoh, Wang, and Kwek, 2019). Marketing and Customer care function-The customers care function of an hospitality sector plays a crucial role as they are having a responsibility of providing a relaxing and comfortable stay in hotels and also provide assistance and awareness to customers about various facility and also hear and address issues of customers. An interrelation among marketing and customers care function inCoworth Park hotel ensure that best facility and services should be provided to customers as per the current market trend so that a more comfortable and desired level of facility can be provided to its customers(Kandampully and Solnet, 2019). Thus, boost the satisfaction level of customers and retain and maintain the loyalty in consumer to ensure better profitability and achievement of targets of Coworth Park hotel. Significance of interrelation The interrelation among marketing and other functional unit of Coworth Park hotel is very significant and useful for this organisation as it ensure timely achievement of goals and objective through keeping a coordination among various functional unit. A collaboration among marketing and finance lead to achievement of targets of cost efficiency together with an ensure of having better customers base attracted forCoworth Park hotel through effective marketing and promotion with the help of better planning and budgeting for advertising and other promotional tool. Beside this an interrelation and coordination between marketing and customer care function ensure better services and facilitiesfor customers as per their desires and preference thus, lead to better satisfaction and comfort level of customers which is necessary to maintain and retain consumers in an hospitality industry. 4
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LO 2 P3) Comparison between marketing mix Marketing mix is a tool that provide a set of tactics and strategy for an organisation to have better promotion and marketing of its product in the the target market. To have a better understanding about various elements of marketing mix a comparison between Coworth Park hotel and Stoke park hotel of UK. Elements of Marketing Mix Coworth Park hotelStoke park hotel ProductCoworth Park hotel is basically a luxurious country house hotel and resortofUKwhichprovidesa Georgianstylewithaneccentric decorative flair stay in big Mansion housetogetherwithcalmand spacious rooms and suits (Coworth Park Hotel,2019). Beside this, a Horse riding, Polo club, luxury spa, refreshingpoolandswimarea together withBarn's rustic charm wheredinnersareservedthat includesanappetite,enjoya healthy bite to eat and a chilled glassofchampagneatThe Spatisserie. It is a 5 AA red star hotel with 49 LuxuryBedroomsandSuites, around3Restaurants,Barsand Lounges,morethan9Beautiful PrivateRoomsforEntertaining, Conferences and Weddings, 27 Hole ChampionshipGolfCourse, Gymnasium,SpaGardenwith ScandinavianSaunaandOutdoor Hot Tub, Indoor Swimming Pool and SteamRooms,TennisCourts, Crèche, Games Room and Outdoor Playground together with Pro Shop and Spa Boutique and many Private Gardens(Stoke Park Hotel,2019.). PriceBeing a luxury hotel the premium pricingstrategyisadoptedby Coworth Park hotel. But for some services like its Polo club and other facilitiescompetitivepricing strategy is also adopted to attract Being an 5 AA red star hotel with mostexclusiveandworldclass facility the pricing strategy adopted byStokeparkhotelispremium pricingstrategy(Camposand Oliveira, 2018). 5
and retain more customers. PlaceIt is basically a luxury countryside resortsituatedatBlacknest Road,Ascot,BerkshireSL57SE, United Kingdom. It is spread across 240 acres of parkland, this upscale hotel spread over a Georgian manor house and its out-buildings, is 2.1 miles from Windsor Great Park and 3.3 miles from Royal Ascot Golf Club thus, providing an acres of parkland play ground and a fresh, natural and calm destination to its customers(KumarandMishra, 2019). This hotel is situated at Stoke Park, Country Club, Spa and Hotel, Park Rd, Stoke Poges SL2 4PG, United Kingdom which is only 35 minutes fromLondonand7milesfrom London Heathrow thus, it is easily reachable by its customers. The main BuildingofStokeparkhotelis located at the centre of 300 acres of parkland and beside this a Pavilion building is also there which includes healthandbeautyspa,swimming pool,fitnessstudio,gymand bedrooms and suites. PromotionThepromotionaltechniquesof CoworthParkhotelincludesan onlinemarketingstrategywitha greatandinteractivewebsite. Besidethisaneffectiveuseof social media is also made which includesFaceBook,Twitter, FourSquare,Instagramand YouTube to have better interface and connection with customers. Thepromotionalandmarketing strategy of Stoke park hotel includes moreemphasisondigitalad campaignandadvertisingtogether withafreshcontentandvarious loyaltyprogrammestomaintaina longlastingrelationwithits consumers(Hughes, 2018). PeopleInanhospitalitysectorthe employees plays a crucial role an providingabetterandmore comfortableexperiencetoits The people i.e. staff of Stoke park hotel are well trained and skilled and have all the abilities to maintain an positive and friendly atmosphere in 6
customers.Thus,propercareis taken byCoworth Park hotel by recruitmentofemployeesand timely training is also provided to maintainabetterfriendly atmospheresandcultureathotel premises. hotel for customers. ProcessThis element of marketing mix is associated with timely delivery and procurement of services within the the premises of hotel(Okumus and Cetin, 2018).Coworth Park hotel havesimpleandefficient distributionandsupplynetwork which ensure timely availability of all raw material and inventory so that an interrupted services can be offered to customers without any delays and loopholes. TheprocessofStokeparkhotel ensuresatimelydeliveryand accomplishment of all services and facilities in a proper way to provide best experience and satisfaction to its customers. Physical evidenceAlltheservicesandexclusive amenitiesprovidedbyCoworth Park hotel is enough to create a good impression and long lasting impact on the minds of customers. It includes aluxury car valet to a specialsurprisetowelcomeand creating a felling of being special in customers to have its presence feel in the industry. Beside this, Scratch pads with hotel logo and use of Stoke park hotel is having a legacy of being the first Country club and hotel in UK in late 1908 is creating betterimagefor thisluxuryhotel (HassanienandDale,2019).The worldclassguestexperiences togetherwitheffectivemarketing strategyanduseofdigital commercial and an iterative website arecreatingphysicalevidencefor Stoke park hotel. 7
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Billboards are also made. LO3 P3) Marketing plans and strategy This part is being covered in PPT CONCLUUSION On the basis of above assignment it can be summarised that marketing is plays an essential and crucial role in growth and success of nay organisation. The marketing function is having a reasonability of conducting timely market research to have effective strategy formulation and selection of best marketing and promotional tool to reach a wider section of customers. Beside this, an international between marketing and other functional unit yields better achievement of gaols. Along with this, it can be concluded that use of marketing mix is made to have better strategy and plans for accomplishing targets and desires. 8
REFERENCES Books and Journals Okumus, B. and Cetin, G., 2018. Marketing Istanbul as a culinary destination.Journal of Destination Marketing & Management.9.pp.340-346. Hassanien, A. and Dale, C., 2019.Hospitality business development. Routledge. Eletxigerra, A., Barrutia, J. M. and Echebarria, C., 2018. Place marketing examined through a service-dominantlogiclens:Areview.JournalofdestinationMarketing& Management.9.pp.72-84. Dixit,S.K.,Lee,K.H.andLoo,P.T.,2019.Consumerbehaviorinhospitalityand tourism.Journal of Global Scholars of Marketing Science.29(2). pp.151-161. Bao, H., 2018. Marketing of Tourism Services/Experiences. InThe Emerald Handbook of EntrepreneurshipinTourism,TravelandHospitality:SkillsforSuccessful Ventures(pp. 261-275). Emerald Publishing Limited. Malik, H. and Sharma, M., 2019. E-Marketing as a Tool to Achieve Competitiveness in Travel Trade Industry. InHandbook of Research on International Travel Agency and Tour Operation Management(pp. 272-283). IGI Global. Melissen, F. and Sauer, L., 2018.Improving sustainability in the hospitality industry. Routledge. Gibson, P. and Parkman, R., 2018.Cruise operations management: Hospitality perspectives. Routledge. Teoh, M.W., Wang, Y. and Kwek, A., 2019. Coping with emotional labor in high stress hospitality work environments.Journal of Hospitality Marketing & Management, pp.1- 22. Kandampully, J. and Solnet, D., 2019. Competitive advantage through service in hospitality and tourism: a perspective article.Tourism Review. Campos, J. and Oliveira, M., 2018, March. Exploring Decision Making on Hospitality Brands: Emotional or Rational Factors. InInternational Conference on Tourism Research(pp. 15-VIII). Academic Conferences International Limited. Kumar, P. and Mishra, J.M., 2019. Destination marketing & management organisation in India: Conceptual evolution & present status.Asian Journal of Multidimensional Research (AJMR).8(11). pp.11-22. Hughes, J. C., 2018. 10. Advancing engagement: debates in the field and proposed directions for hospitalityandtourismresearchandpractice.HandbookofHumanResource Management in the Tourism and Hospitality Industries, p.235. Online: Stoke Park Hotel.2019. [Online] Available Through:<https://www.stokepark.com/> CoworthParkHotel.2019.[Online]Available Through:<https://www.dorchestercollection.com/en/ascot/coworth-park/> 9