This document discusses the different forms of marketing channels and how they help in achieving communication objectives within the hospitality organizations. It also evaluates an integrated marketing communication plan along with its strategy, channel choice, and creative content.
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Hospitality Integrated Marketing Communication 1
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Contents Introduction......................................................................................................................................3 TASK A...........................................................................................................................................3 P1Different types of marketing channels and how they serve communication objectives within the hospitality organizations........................................................................................3 P5 Evaluation of integrated marketing communication plan along with its strategy, channel choice and creative content....................................................................................................5 TASK B...........................................................................................................................................7 Covered in PPT.......................................................................................................................7 Conclusion.......................................................................................................................................7 REFERENCES................................................................................................................................8 2
Introduction Marketing communication is defined as a tool that help an organisation to aware brand in market and to promote it in an effective manner. Most of the companies uses this tool in order to approach its target and potential customersin an effectivemanner. Integrated marketing communication is basically an approach that is used to promote message by using various strategies, which work together & reinforce with one another(Mosca and Casalegno, 2019). Nowadays, organisation were using this tool and uses more than one channel in order to reach maximum number of people in a proper manner. The present report is based on given case study of small luxury resort that is situated at Florida gulf coast. Island beach resort is taken into consideration, which is one of the renowned luxury resorts. The report will cover different forms of marketing channels along withhow they help in achieving communication objectives. In addition to this, communication objective is design for the respective organization and a justification is given for the selected integrated communication channels. Moreover, IMC plan is developed which help in achieving communication objective in an effective manner. At last, evaluation of integrated marketing communication plan in context to creative content and communication strategy is described in a proper manner. TASK A P1Different forms of marketing channels & how they help in communication objectives within the hospitality organizations Overview of the case: The given case study shows overall positioning of Island beach resort and how it uses different methods for developing position with the assistance of online channels. It is determine thatsmallandmediumenterpriseswerefacinglotofchallengesandissuesbecauseof competition prevailing at market and cutting of prices take place. It is determine from the given case that there is requirement of effective planning in order to solve all the issues in a proper manner. The managers Island beach resort was getting success in market to capture, but did not sure about the things take place in market. It is analysed that organisations are shifted from traditional marketing approaches to the modern approaches such as social media, digital and 3
online marketing etc. The needs of using this tools is increases and companies uses various types of marketing channels, in order to promote and attract large number of people. There are different forms of marketing channelswhich assistin attaining communication objective within the hospitality sector is given below: Advertising:It is consider as one of the most effective promotional tool or marketing channels that is used to attract large number of people and enhance sales and profitability margin of company(AFFAH,2018). In relation to Island Beach Resort, this tool can be used by its managers in order to reach its target and potential customer in an effective manner. It is determine that advertising is a cost effective method and require investment of managers of Island Beach Resort. Public relation:It is an indirect form of communication which is adopted by many organisations for developing effective relationship with customers and retain them for longer time. With reference to Island Beach Resort, it can make use of this tool as it help in spreading positive word of mouth of brand in market that has a positive influence on overall market position and revenue of company. Direct marketing:It is defined as face to face marketing of products as well as service in an appropriate manner. Herein, selling of product is depend on the skills and knowledge of salesman along with the power of conveyancing customer. In relation to Island Beach resort, it can use such channel for gaining attention and knowledge about perception of people towards brand. It is important for higher authorities to provide training session to sales team in order to enhance their knowledge and improve selling skills that has a positive influence on sales and profitability of the company. Social media:One of the most effective tool of marketing channel that help companies to reach large number of people within stipulated time period. It involve application such as YouTube, Facebook, Instagram, LinkedIn and many more. It is determine that millions of people is using this applications on a continuous basis(Sülük and Aydin,2019). In order to promote brand and make people aware about brand, it is consider as most efficient and cost effective tool as well. In relation to Island beach resort, it can make use of this tool in order to enhance its customer base level within a short span of time. It can develop its own webpage and advertise it on YouTube and other application in order to create awareness. It not only help 4
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company to increase its number of customer and sales but also aid in gaining knowledge about perception of people towards brand so that effective strategy is build in order to develop loyal customers in an appropriate manner. By analysing the above marketing channels, it is stated that there are various marketing channels that help in educating people about brand in an effective manner.It is significant for an entityto analyse its target market and then approach by using marketing channels(Khandelwal, 2018). One of the effective marketing channel that is consider profitable for Island Beach resort is social media that help in attracting large number of people and increase number of customers in an effective manner. It is determine that it arise less cost to company that leads to increase in profitability and revenue level of organisation effectively. P5 Assessment of IMC plan with its strategy, channel choice & creative content Nowadays, the usage of internet is increases rapidly by the assistance of new technology and innovations take place in market. It is determine that more than millions of users uses internet for many purpose and one of the purpose is to gain knowledge about product as well as service in an effective manner. internet also give the advantage to uses to compare product and price with other competitors and then make better decision for purchasing product in an effective manner. in relation to Island beach resort, it is important for higher authorities to create an attractive content for online applications and its own websites in order to gain attention of people. In addition to this, it require to ensure that information given is appropriate and easily understand by current customers and potential customers as well. There are various services offered by Island resort such as recreational activities, arranging weddings and so on. Developing a webpage on social media applications such as Instagram, Facebook increase the number of people known about the organisation and thereforeit has positive influence on sales and profitability.Everycommunicationchannelisassociatedwithsomeadvantagesand disadvantages as well that is require to be understand before choosing marketing communication channel(Manoli and Hodgkinson, 2019). With reference to Island Beach resort, it make use of online communication channel, such as social media. The advantages and disadvantages is given below: Advantages: One of the major advantage of social media is it help an entity to promote its product in large number of area that is it aid in reaching large number of audience within stipulated time 5
frame. The another advantage is it is cost effective and generates high profit to company that directly leads to increase in revenue level in an effective manner. Moreover, it reach both local as well as international level due to which customer base is increases that has positive influence on sales and profitability of an organisation. It is determine that an entity can attain competitive advantage by creating an attractive content that attract eye of people that sometimes leads to development of positive image and increase in market position effectively. Disadvantages: It is analyse that social media applications has disadvantages also that may decline the overall performance of an organisation. On this applications, people have the right to share their perception or thoughts about brand after consuming service and if a customer put negative comments on such website it develop negative mind set of other people who are searching for this resort. It is determine that people are checking all the reviews given by people before taking decision of consuming particular product and service as well(Zahra, 2018). By the assistance of information given on websites, the competitors easily get to know about the marketing strategy and then develop more attractive and better strategy that may decline number of people consuming its services. In toady’s scenario, many organisations offering 24*7 service to customers by using online platforms and it is determine that all the operations of Island Beach resort is over on midnight and due to which it is not able to provide 24*7 assistance to customer that may create negative image towards brand, which leads to decline in sales as well a profit level of Island Beach resort. It is important for higher authorities to develop an appropriate plan of action as it help in attaining competitive edge at marketplace. In addition to this, it is significant to accept smart objective in relation to integrated marketing communication that is given below: Know your target: It is significant for an organisation to gain an insight about needs of customer so that an appropriate product as well as services is offered to them the customer. This enables organisation like Island Beach resort to maintain a good relationship with customer and retain them for longer time period. Developing situational analysis: Herein, Island beach resort focuses on conducting SWOT analysis that help in analysing business environment which directlyleads to development of effective strategies and enhancement of performance level of organisation. 6
Determining marketing communication objective:In this stage, the company focuses on undertaking the motive they require in order to achieve their organisational objective. In addition to this, it help Island Beach resort to achieve their mission & vision in an effective and timely manner. Determining budget:Herein, the higher authorities focuses on developing a relevant budget which measurethat help in measuring the level of money is required to implement communication plan. Strategies and Tactics:Herein, the managers develop strategy for the implementation of activities related to the plan so that it can achieve within the stipulated time period. Evaluation and measurement:It is essential for top level authority to evaluate and checktheperformanceofstaffmembersasithelpinmakingimprovementsinan appropriate manner. For measuring the performance, SMART objectives were developed, which is given below: Specific:It is essential for an organisation to develop objective which is unique and specific in nature so that attainment of competitive advantage is take place in market. Measurable:It is important for an organisation to analyse the objective for determining and controlling the performance of planning task in an effective manner which in turn help in achieving objectives within stipulated time frame. Achievable:Develop objectives that is easy to attain in future such as sales will be raised by 10% in coming 10 months or profitability level is enhanced by 8% in a year. Relevant:The objectives developed by an organisation must be relevant & enables to achieve desired goals in give time period. It will help in enhancing the market performance and brand image of company. Time-bound: It is basically the accountability of higher authorities to analyse the objectives as well as goals which must be attained by an organisation in less time frame. From the above discussion, it is evaluated that integrated marketing communication plan is effective in order to promote service and enhance sales as well. The plan consist of target market, communication objective, strategies that is required to be implement by managers of Island Beach resort in an effective manner in order to attain its desired goals in a timely and appropriate manner. In addition to this, it is evaluated that this tool help only when a good and attractive 7
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content is developed by management team of Island Beach resort. Moreover, it is important to develop budget in order to ensure availability of funds for execution of activities in an effective manner. It is analysed that evaluation of performance on continuous basis assist an entity to make improvements and achieve its objective within given time frame. Recommendations to organisation and justification Some of the recommendation is given below after analysing the case study in a proper manner: It is recommended to managers of Island Beach resort to use online marketing communication channel as it help in creating awareness about brand to large number of people within stipulated time period.Along with this, it help company to strong its customer base and enhance its sales & profitability level. In addition to this, it is suggested to company to hire a content marketing person who has the ability to develop an attractive content and to provide all the information on webpage in a proper manner (Šerić, Ozretić-Došen and Škare, 2019). The company can hire a person in order to 24*7 assistance to users so that customers queries and issues is handle in a timely and effective manner. It help in developing positive mind set of people towards its services that directly leads to enhancement in market position of Island Beach resort in an effective manner. TASK B Covered in PPT Conclusion From the above study, it has been analysed that choosing appropriate communication channel plays vital role in the overall business performance. There are various marketing communication channels like advertising, public relations, face-to face marketing, social media and many more. It is determine that one of the effective marketing communication channel nowadays is social media that help in raising sales and profitability level in an effective and quick manner.It is significant to develop communication objectivesso that it can achieve and on this basis performance is evaluated properly. Integrated marketing communication plan is developed in order to achieve objectives within stipulated time period. It include appropriate 8
communication channels, objectives, target market, budgeting, implementation and evaluation of performance in a proper manner. 9
REFERENCES Books & journal AFFAH, E.A., 2018. Integrated Marketing Communications. MBA 2. June, 2018. Butkouskaya,V.,Llonch-Andreu,J.andAlarcón-del-Amo,M.D.C.,2020.Inter-Country Customer-Perspective Analysis of Strategic Antecedents and Consequences for Post- PurchaseBehaviourinIntegratedMarketingCommunications(IMC).Journalof International Consumer Marketing, pp.1-16. Inanc–Demir, M. and Kozak, M., 2019. Big Data and Its Supporting Elements: Implications for tourism and hospitality marketing. InBig Data and Innovation in Tourism, Travel, and Hospitality(pp. 213-223). Springer, Singapore. Khandelwal, N., 2018.Integrated but differential: An analysis of the preferences of marketing communicationchannelsofconsumersinIreland(Doctoraldissertation,Dublin Business School). Manoli,A.E.andHodgkinson,I.R.,2019.Theimplementationofintegratedmarketing communication (IMC): evidence from professional football clubs in England.Journal of Strategic Marketing, pp.1-22. Mosca, F. and Casalegno, C., 2019. Managing Integrated Brand Communication Strategies in the Online Era.Global Branding: Breakthroughs in Research and Practice: Breakthroughs in Research and Practice, p.227. NyamburaMwangi,R.,2018.InfluenceOfIntegratedMarketingCommunicationOn Performance Of Hotels In The Hospitality Industry: A Study Of Small Catering Firms, Narok Kenya. Porcu,L.,delBarrio-García,S.,Alcántara-Pilar,J.M.andCrespo-Almendros,E.,2019. Analyzing the influence of firm-wide integrated marketing communication on market performanceinthehospitalityindustry.InternationalJournalofHospitality Management,80, pp.13-24. Šeric,M.andOzretic-Došen,Đ.,2018.AnalyzingtheEffectsofOnlineandOffline Communication in the Hotel and Restaurant Industry: The PLS Approach.Applying Partial Least Squares in Tourism and Hospitality Research, p.211. 10
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Šerić, M., Ozretić-Došen, Đ. and Škare, V., 2019. How can perceived consistency in marketing communicationsinfluencecustomer-brandrelationshipoutcomes?.European Management Journal. Sülük, S.B. and Aydin, K., 2019. Marketing Communications and Experiential Marketing in the ContextofAugmentedReality'.ContemporaryIssuesinBehavioralFinance (Contemporary Studies in Economic and Financial Analysis, Volume 101). Emerald Publishing Limited, pp.153-162. Zahra, I.M., 2018. Integrated Marketing Communications (IMC): The Interdisciplinary Concept. InPromoting Interdisciplinarity in Knowledge Generation and Problem Solving(pp. 102-123). IGI Global. 11