Hospitality Marketing Essentials: Task 3 Marketing Plan for Hilton
VerifiedAdded on 2022/12/26
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AI Summary
This report presents a comprehensive marketing plan for Hilton, a multinational hospitality brand, focusing on its response to the COVID-19 pandemic through the implementation of automated purifiers. The plan includes an executive summary outlining the initiative, a SWOT analysis evaluating the brand's strengths, weaknesses, opportunities, and threats, and strategic objectives aimed at increasing profitability. The report delves into the STP (Segmentation, Targeting, Positioning) strategy, emphasizing market segmentation based on demographics and service offerings. The marketing mix is detailed, highlighting the product (automated purifier), and place (various locations). Budget allocation is provided for key areas such as marketing, workforce, equipment, and raw materials. The report also covers controlling and monitoring processes to ensure the plan's effectiveness and concludes with a summary of the importance of marketing in promoting services and building relationships with other departments. References from academic journals are included to support the analysis.
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