This document discusses the marketing essentials for the travel and tourism industry, including strategies, 7P's model, and marketing plan. It explores the importance of marketing in promoting brands and attracting customers. The document also highlights the role of technology in transforming the industry.
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Marketing Essentials for Travel and Tourism
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 ACTIVITY 1................................................................................................................................3 ACTIVITY 2................................................................................................................................3 P3 7p's model of two different organization................................................................................3 P4marketing plan to meet marketing...........................................................................................7 objectives for a travel and tourism organization.........................................................................7 CONCLUSION................................................................................................................................9 REFERENCES..............................................................................................................................10
INTRODUCTION Marketingmentionsactivitieswhichisundertakenbyorganizationtoenhances purchasing along with services. It includes promotion, purchasing and supplying products or goods to customers or other organizations. Marketing is important for advertising organization and brands etc. there are lots of marketing strategy which is essential for marketing. Such as socialmedia,customerrelationship,jointventureandpartnerships,affiliatedandbrand ambassadors, web presence etc(Pike, 2016). These strategies apply by organization promote brand in market. Marketing is important in travel and tourism industry where customers choose that hospitality services which has good brand name along with good services in market. Such kind hospitality industry. To understand marketing essential has a good example of travel and tourism industry such as Touristik Union International (TUI). It is Anglo-German multinational travel and tourism company. Head quarter of this company is Berlin and Germany. TUI offers number of product services such as charter and scheduled passengers airline, package holidays, hotels and resorts etc. and revenue of company is€19,523.9 million. MAIN BODY ACTIVITY 1 P1 and P2 has been covered in PPT. ACTIVITY 2 P3 7p's model of two different organization 7p's model is marketing mix strategy which applies by organization to promote brand in business market so that they enable to gain profitability in organization. To understand 7p's model strategy there are two companies . ATTRIBUTESCOX & KINGS COMPANYTUI COMPANY PRODUCTCox and king is a travel and tourism agencywhichfocusesoncustomer comfortableness. On the basis offers travel services to customers such as leisure travel, corporate travel, forex, visa processing and travel insurance etc.thuskindservicesoffersby WhileTUI focuses on product varietiesstrategywhere customer has option to choose anytypeofproductservices. TUI categories product into five class where products sell under organization'sbrandname.
companies so that customer become attracts and selling ratio enhance out. Organization offers product in differentqualityalongwith variousfeaturestocustomer. Such kind strategy doesn't offer by cox and king company. Thus organization enables to achieve competitiveadvantagein industry market. PRICE Cox and king applies marketing mix pricing strategy where company offers different price for the travel services to different customers such as corporate customersgetsvalueaddedtravel servicesonpremiumcharge. Organization offers bundled package servicestostudentunderforex business. beside of this organization offerscreditorwomen'sdiscount facilitiesforwomen.Thus, organization uses competitive pricing strategytoattracteachtypeof customers from their services. TUIalsoapplycompetitive pricestrategytoattract customersothatorganization enables to dell services on wide scale.Besideofthis organization sells their product or services in heigh cost rather to competitor because company offers wide variety of features whichmakesproductor servicesexpensive.TUIuses optional product price strategy forparticularproductsand offersproductalongwi9th accessoriesasresultprice becomeshighofproducts. Thus,organizationenablesto take high benefits in company rather to competitors. PLACEOrganizationappliesdistribution strategy where operates in 160 places inIndia.Organizationalsoprovide TUIusestwomarketing channels for selling product and theirservicesonwidescale.
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travelservicesmorethanfifty countriesanditalsocovers international location such as Europe, USA,Australia,Africaetc.thus organization covers large number of customers and raises selling services in global tourism industry. First channel is to offer product directlytocustomersthrough online website. Bedside of the secondchannelistosells productsortheirservicesto wholesalerwheretheysell producttoalloverretailer whichestablishesinvarious countries.Thus,company enablestopromotebrandin tourismindustry(Eletxigerra, Barrutia and Echebarria, 2018). Supply chain team also helps organizationtooffersproduct services I rural or remote areas. PROMOTION CoxandKingscompanyapplies promotional and advertising strategy where company uses traditional media i.e.TVadsanddigitalmediai.e. YouTube for promotion of brand name in global market(Dodds and Jolliffe, 2016). It also offers their product with otherpartnerwheretheyget partnership with film franchises that supports to get cerebrate endorsement. While organization takes help of multiple media channel such astraditionalmediai.e.TV, radio etc. digital media such as YouTube,Facebookand Twitter.Thus,organization enables to cover large number ofcustomersandpromote productgrowthinglobal market.Organizationalso organizes some events for sales promotion. PEOPLEIt is travel company which operates in industry.Inthatstateorganization requires large number of employees in Customers and employees are assetsofcompanywhere organization focuses both one.
different sectors such as Alliance and marketingsection,storessections, accountsections.Thus,organization monitors on employees' performance at workplace. Company also focuses on customersrequirement andmeets customerfromtheirobjectivesby offeringmultiplestandardquality product and services. To gain organization missions, TUI meets their objectives so that they retain with company for long time. Tui focuses on thoseemployeeswhoprovide theirservicesinsalesteam becausetheyareresponsible offers best services to customers sothatpurchasingpowerof customer enhance out.Beside of this company also focuses on customerservicedepartment, supplier chains and retail stores whereumberofemployees offers services to customer in variousareas.Thus,company gives values to customers and employees. PHYSICAL EVEIDENCE While cox and kings company uses onlineportalservicesfor customers wherecustomerscandirectchoose servicesorproductwithadditional services on affordable price. TUI company sells their product in various colours so that they can easily identify by customers duringbusyretailstores. Companyalsooffersonline websiteservicestocustomer wherecustomercanpurchase servicesorproducton affordable prices. PROCESSESOrganizationhasvariousprocessin place for gaining growth of business. Companyaccessesoncustomer WhileTUIkeepsproduct availabilitysothatwhenever customer requiresthey enable
relationshipmanagement.Main purpose of this management to takes feedbackfromcustomersregarding product and their services, listen their complaint intently and resolve them. Thus, management supports to builds good relation with customers. top offer them(Yolal,2018). Retail stores keeps notice that theyhaveenoughproduct which fulfils customers needs. Ifproductisn'tavailablein appropriate quantity then order toTUI.Besideofthis organizationoffersonline delivery services to customers wherecustomercandirect purchase product and services. TUIalsotakesfeedbackto customer experience regarding theirservicesandunderstand their needs. P4marketing plan to meet marketing objectives for a travel and tourism organization EXECUTIVE SUMMARY Company is multinational company which famous as travel and tourism services to customers. Organizationoffersonlinewebsiteservicestocustomersbutorganizationfindssome difficulties so TUI launches new technology for covering large number of customers so that selling prices enhance out. MISSION TUI has mission to cover large number of customers and offers their services so that customers gets values of their money. VISION Vision of the TUI is to give values to customers by their action and organizational behaviour within company or outside of company(Al-Janabi and Mhaibes, 2019). Action such as exploring new products or services, gives experience of foreign and cultural countries etc.
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OBJECTIVES The main purpose of new technology is to provide facilities to customers. This technology includes phone which uses as key cards where mobile self check in and kiosks for self check in along with formalities. For example customer doesn't have to wait for check in and check out from front desk. Through this strategy organization wants to enhance brand position in tourism market. SWOT ANALYSIS Strength :TUI has strong brand name in tourism industry where organization easily can get advantage from this strategy. Weakness:organization doesn't have proper cash flow planing that's why company can get impact on economical scale. Opportunity:TUI gets golden opportunity through this new technology because customers doesn't have to wait for check in and check out formalities, now they can direct use mobile for check in and check out process in travelling(Kamau and et.al., 2015). It will attract customers to buy their services and company enables to raise purchasing power of customers.Second organization can enable to take competitive advantage in business market. Threat:This technology is new for each customer so awareness is quite low for customers. I that state organization can unable to sell their services. Thus, kind threat company can get. 7P'S MARKETING MIX Product:This is new technology which includes unique type of features and it supports company to attract targeted customers and reaches to new customers. Price:it is available on affordable price and time saving technology for customers. Place:organization operates in various countries and provides such kid services in all areas such as hotel industry and travel agency. Promotion:organization uses marketing team for promotion of this technology besides of this company uses digital media to promote product on wide scale. People:the main purpose of this technology to save their time and gives values to customers by offering unique services(Van der Wagen, 2015). Such kind services create excitement for customer to purchase and consume. Organization focuses on employees who will operates this technology. That's why organization organizes training classes where they can learn and sharp their skills in operating.
Physical evidence: This technology is innovative for each tourism industry. Thus, company enables to differentiate their product services from rivals. Processes: This technology requires technical operator who can operate this technology in well- formed manner. In this technology mobile uses as key card in which notice process such as check in and check out. Organization provides training classes for employees so that they understand and operates it in easy manner. STP Marketsegmentation:organizationusesdifferentmarketsuchasgeographicaland demographical market which leads differentiation among tourist industries. Through market segmentation organization enables to take competitive advantage in global tourism market. Targeting:Organization has main target on customer segmentation where organization offers such kind services to customers so that they feel value for them. Through this strategy organization enables to gain trust of customers and enhance selling of services. Positioning:TUI is famous brand in tourist industries along with innovative services. This technology introduces company on different scale so that TUI easily can enhance brand value in global market. Through this strategy organization enables to retain existing customer and reach new customers. BUDGET:This technology doesn't have hike price. Cost of this service approx€5000 thus company doesn't have to invest expensive money on this technology.. MONITORING AND CONTROLLING:Organization monitors employees performance by taking feedbacks from targeted customers. On the basis of feedback TUI monitors technology and their operation. While organization hires technology expert who controls application or technology. Thus, TUI monitors and control on technology. CONCLUSION This report has been concluded role and responsibility of marketing functions where has been explained about tourism and travel industry function in marketing and also has been addressed that how it is important for travel and tourism industry. In this report also has been addressed about interrelation between marketing function and organization function and their
impact on organization. Here has been covered marketing mix 7p's model where has been compared between two companies. In this report has been explained their different strategies. It has been covered marketing plan. In this plan has been concluded executive summary, mission, vision, objectives, swot analysis, 7p's model, STP, budget and controlling and monitoring. Main purpose of this plan to meet company's objectives. REFERENCES Books and Journals Pike, S., 2015.Destination marketing: essentials. Routledge. Pike, S.D., 2016. Destination Marketing Organizations–Research opportunities in an era of uncertainty.InBookofAbstracts-6thInternationalConferenceonTourism. International Association for Tourism Policy (IATOUR). Aung, M., 2019. STRATEGIES TO SURVIVE AND THRIVE OF MYANMAR TOURISM GDP: CASE STUDY OF BAGAN TOURISM.International Journal on Recent Trends in Business and Tourism.3(1). pp.16-21. Kotoua, S. and Ilkan, M., 2017. Tourism destination marketing and information technology in Ghana.Journal of destination marketing & management.6(2). pp.127-135. Dileep, M.R. and Mathew, V., 2017. Marketing of Tourism Industry: Enhancing Services through Marketing Mix Elements. InStrategic Marketing Management and Tactics in the Service Industry(pp. 304-329). IGI Global. Chiguvi, D., Madondo, E. and Tadu, R., 2019. The Credibility of Traditional and Online Media for the Promotion of Tourism in the Contemporary Tourism Marketing Environment in Durban South Africa.Business and Management Studies.5(4). pp.24-35. Eletxigerra, A., Barrutia, J.M. and Echebarria, C., 2018. Place marketing examined through a service-dominantlogiclens:Areview.JournalofdestinationMarketing& Management.9.pp.72-84. Yolal,M.,2018.Marketingdestinationstocustomersfromdiversegenerations.InThe Routledge Handbook of Destination Marketing(pp. 113-122). Routledge.
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Al-Janabi, A.S.H. and Mhaibes, H.A., 2019. Employing marketing information systems for the success of small and medium enterprises: A field study of some Tourism and Travel companies in Baghdad. Kamau, F and et.al., 2015. The effects of the marketing mix on choice of tourist accommodation by domestic tourists in Kenya.International Journal of Novel Research in Marketing Management and Economics.2(2). pp.25-34. Van der Wagen, L., 2015.Events & Tourism Essentials. Pearson Higher Education AU. 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. Othman, B and et.al.,2019. The influences of service marketing mix on customer loyalty towardsUmrahtravelagents:EvidencefromMalaysia.ManagementScience Letters.9(6). pp.865-876. Dodds, R. and Jolliffe, L., 2016. Experiential tourism: Creating and marketing tourism attraction experiences. InThe handbook of managing and marketing tourism experiences(pp. 113- 129). Emerald Group Publishing Limited.