Understanding Marketing Mix in the Travel and Tourism Sector: Report
VerifiedAdded on 2023/04/10
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Report
AI Summary
This report delves into the application of the marketing mix within the travel and tourism industry, focusing on key elements such as product, price, and place. It examines the significance of these components, alongside promotion, in achieving competitive advantage, particularly for companies like Thomas Cook. The report also highlights the importance of the service sector mix, including processes, people, and physical evidence, in enhancing customer satisfaction and loyalty. Furthermore, it explores the concept of total tourism and its impact on market share and customer experience. The analysis provides a comprehensive overview of marketing strategies essential for success in the dynamic travel and tourism sector, with references to relevant literature.
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