Marketing Strategies in Travel and Tourism: Expedia.com Report

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This report examines the application of marketing principles within the travel and tourism industry, using Expedia.com as a primary example. The introduction establishes the importance of marketing in the sector, highlighting the role of PESTLE and SWOT analyses, and introduces Expedia.com as a case study. Task 1 explores core marketing concepts, including consumer needs, product development, value, and market dynamics, as well as the impact of the marketing environment, consumer factors, and market segmentation strategies. Task 2 delves into marketing planning, the significance of market research, and its influence on societal factors. Task 3 analyzes the marketing mix elements, with a focus on the service sector and the concept of the total tourism product. Finally, Task 4 examines the nature and role of the promotion mix and the development of promotional campaigns. The report concludes with a synthesis of the key findings and recommendations for effective marketing practices in the travel and tourism sector.
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Marketing in Travel and
Tourism
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Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
A. Core concepts of marketing....................................................................................................3
AC B. Marketing environment....................................................................................................4
C. Consumer factor.....................................................................................................................5
D. Market segmentation..............................................................................................................6
TASK 2............................................................................................................................................6
AC A. Strategy marketing plan and important of marketing research........................................6
B. Marketing research and marketing information....................................................................7
C. Effect on society.....................................................................................................................7
TASK 3............................................................................................................................................8
AC A. Marketing mix element....................................................................................................8
B. Important of service sector mix element................................................................................9
C. Concept of total tourism product..........................................................................................10
TASK 4..........................................................................................................................................10
D. Nature and role of Promotion mix.......................................................................................10
E. Promotional campaign..........................................................................................................11
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13
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INTRODUCTION
The marketing is a essential tool to promote any business with effective manner. Further
it helps to maintain stability of organisation in competition area with fair manner. On the other
hand, in modern time period, it is very important for every enterprise. It is because marketing
helps to raise sale in large quantity with creating good impression in mind of consumer. The
whole report refer to travel and tourism sector relate marketing program. In addition, PESTLE
and SWOT analysis is important for every organisation which provided accurate information
regarding position in market (Benson, Tilbury and Wickens, 2012). Moreover, Expidia.com is
one of the biggest name in online company which offer travel related packages to their patron.
Further, it provided different packages as consumer requirement. Therefore, this report consist of
whole marketing process relates to this online company with effective manner.
TASK 1
A. Core concepts of marketing
The marketing is managerial process where every organisation main object is to
identified the need of society and provide return as need and want of group of individual.
Therefore, its main purpose is to satisfy the need of every citizen within the target area.
Human need, want and demand – Marketer identified designation which actual consumer
want to visit (Carter, 2007). In addition, it also known facility which actually patron
required during travelling. Product – Marketer create packages of travel as demand of consumer. Added, they study
of consumer mind with psychology method (Christensen, 2010). On the other hand, they
design packages as satisfy whole need of consumer from single purchase.
Illustration 1: Core concept of marketing
(Source: Different concept of marketing, 2014)
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Value, cost and satisfaction – the price factor and service satisfaction also influence to
whole industries. Moreover, every travel enterprise consider on more consumer
satisfaction with minimum amount of package. Hence, they work on maximum
satisfaction with minimum investment. Exchanges transaction and relationship the higher authority of organisation is
considering to provide various option relates to exchanges of transaction (Huang, 2009).
In addition, maintain of relationship with every consume for long term relationship is also
necessary for stability taking market advantages. Market – then ultimately marketer applied whole marketing strategy on target area where
it can be growth with higher manner. On the other hand, selecting of market must be
appropriate and fair according to plan.
Marketing and marketer – In this stage marketer identify actual problem which face by
consume (McDonald, 2012). Therefore, they should be maintain proper communication
with patron regarding applicability of marketing plan and any difficulty emerge should be
review with properly and remove.
B. Marketing environment
Environment factor also effect to whole London area. Further, Marketing team must be
conduct deep study of area where it actually applied.
Marco Environment Political factor – in the present time UK climate has been changes by Brixit which also
impact on EU as well as England politics with large manner. On other hand, Theresa May
has elected as prime mister of England which is more reliable in international
relationship. Hence, it gives more benefits to whole travel and tourism industry. Environment - The travel industries mostly affects by climate changes. Further, every
visitor choose natural and develop place for visit (O'Connor, 2010). Therefore, when it is
good then attract more visitor or vice versa. Social factor – Traveller choose travel as social factor. Like some person prefer to
religious place, some are chosen to develop region. On the other word, everyone choose
place as their social factor. Technology – It also effects to whole travel industry. It is because modern automation
attract to more consumer for visit (Stronza, 2009). Therefore, they don't face any problem
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regarding visit. Hence, London is most develop place within the UK territory so that it
attract more passenger for visit. Legal factor – the existing law relates travel and tourism impact on London traveller. In
addition, Brixit has major impact on London travel because EU law has been remove.
Economics – The Brixit effect on whole economy of countries. Further, it reduces the
value of pound which direct link to London travel.
Micro environment Consumer – Marketer always consider on demand and need of patron and they focus on
to provides the best class service to customer with better satisfaction. Travel agency – Marketing team always focus better relationship with agency. Therefore,
it plays a vital role in proper operation of business (Uzama, 2009).
Employee – Every plan success depends on proper implementation so that it is possible
by worker work performance. Therefore, efficient sub-ordinate share contribution to
growth over all business.
C. Consumer factor Pricing factor – Most of the consumer prefer to maximum satisfaction with minimum
price. Therefore, Marketer must established packages as customer demand. Better service – Service gives to consumer must be better and satisfactory manner (Voola
and Yuksel, 2010). Therefore, any issue face by them should be remove immediately for
future relationship. Appropriate packages – The packages provides by enterprise must be appropriate which
cover all essential thing as Clint required. Therefore, all essential thing which necessary
during travel must be cover in packages. Communication It also important for travel undertaking for semi-permanent
relationship.
Offer and discount – It is type of physiology method which use by marketer for attract
more consumer for travel (Yoo and et. al., 2012). On the other hand, team give special
price concession or extraordinary service to particular type of patron. Hence, this strategy
helps to attract more consumer for travelling in London.
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D. Market segmentation
It is the market planning for target market as various factor like, consumer, business,
countries etc. linking with this, the main purpose of it to known need, interest and priority of
most of the customer.
Demographic segmentation refer to age, sex, generation etc. for target product for sale. Age – Every person react as their age, so demand of packages and place has been chosen
to accord to individual time of life (Liu, 2005). Therefore, every group of person prefer
to visit London because it has various thing for satisfaction of every consumer demand. Sex – the factor sex also impact on London visitor. It is because of Male generally prefer
dangerous place where female priority to fashion or shopping relate area. Therefore,
London fulfils both age group need. Generation – Generally youth generation prefer to visit London. Therefore, travel
undertaking prepare packages as them. Occupation – The London rank is number one in credit rating. Therefore, most of person
who is link with business are preferred to visit London (Benson, Tilbury and Wickens,
2012). So that most of travel company offer business packages to traveller.
Group – Traveller also available packages to group individual. Further, it consist of
family, employee etc.
TASK 2
AC A. Strategy marketing plan and important of marketing research
The marketing plan is referred to strategy which cover all aspect for promote travel
packages. So it defines method and techniques which essential for promote product with right
manner.
Market research is the combination of method where marketer evaluate the actual need
and want of consumer. Therefore, it uses for prepare plan with effective manner.
Product Life Cycle – it is a process which help full for adopt changes as market demand. Further,
there is mainly four stage which are cover in product life cycle (Carter, 2007). The first stage is
relates to introduction where enterprise launch new product by considering various aspect. Then
second stage is relates to growth of product where item become reach to end user. Then, product
reach on maturity stage where it start to generate profit and lastly enterprise start to decline such
product and prepare plan for new product.
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SWOT Analysis – This tool help to analysis of company straight, opportunities, weakness and
treats with proper manner. Further, it is a proper exhibition of Expedia.com within the market
place.
B. Marketing research and marketing information
It is the process of collecting information by using method and techniques. Further,
marketer use these techniques for known market demand and need relates to combined product. Evaluate marketing performance – Marketing plan and research helps to promote
packages service with effective manner (Christensen, 2010). Therefore, Summer
packages launches by manager is determined by using method and techniques. And it
give detail information relates to product performance. Analysis data – It is a process of collecting of data as suitable for better marketing.
Further, marketing research gives proper data relates to product and service. Hence, it is
gives the sufficient information about packages service and consumer actual preference.
Increasing sale - It support to company for identify of market condition. Therefore,
Expidia.com can adopts changes as market requirement (Huang, 2009). On the other
hand, it also processes of collecting of feedback from consumer relates to packages for
purpose of identified drawback in product which they actually face.
C. Effect on society
The main purpose of marketing is to raise awareness of consumer within society. It may
impact either positive or negative on society.
Positive impact Provide information – It provides proper knowledges about product with right manner.
Further, it raises in awareness about use of product or other relates matter. Therefore,
Expidia.com is gives information relates to packages product with proper manner which
impact positively on company and consumer. Development – the marketing support to develop environment with effective manner.
Moreover, it reduces to threats which emerge in society (McDonald, 2012). On the other
hand, it also aware to consume for product and service for use.
Living standard - It helps to develop society and living standard of people. Therefore, it
offers service as person requirement for which they ready to pay.
Negative impact
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Fraud – lots of company involve in fraud activities therefore, marketing activities also
support to such activities in wrong manner because it provides end consumer. Expectations – it is not provides return as expectation because only awareness is not
required for sale product further, capacity to pay is also necessary for product.
Product cost – It raises in cost of product therefore, price of travel product has increasing
automatically.
TASK 3
AC A. Marketing mix element
It is the detail analysis of consumer need, want and requirement regarding product.
Further, marketing mix is the psychology method which prepare by managerial person for better
satisfaction of consumer. Therefore, Expidia.com give packages as market analysis. It includes
element which undertaking is required to followed with fair manner. Price – The packages provided by online company must be appropriate and reasonable
as Clint requirement (O'Connor, 2010). In addition, product price must be less than
competitor therefore, undertaking must require reducing unnecessary cost emerge during
wrong operation. Apart from this, Expidia.com should choose low price strategy for
allure more consumer within the short time period. Therefore, undertaking should
controlled on waste management. Product – the product provided by Expidia.com must be attract which fulfil the need of
target consumer (Lamb, Hair and McDaniel, 2011). Therefore, packages must be
includes various facility which commonly require to every type of consumer. Apart from
this, design of product must be attractive as physiology techniques. Promotion – the promotion of package travel service must be psychology method.
Therefore, enterprise should collect expert advice for effective promotion of passenger
product (Stronza, 2009). On other hand, management should choose target area for
carrying on promotional activities. Apart from this, it should exhibit sufficient
information to patron about product and service. It should be noted that engraved
statement should be understandable and proper manner which consumer can easily
known about company's trade good. Its main purpose is to reach maximum target
consumer within short time period. Therefore, proper method of promote product must
required for cover investment within target time period.
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Place – The Expidia.com should choose convenient place where target consumer easily
reach to company product (Uzama, 2009). Therefore, it should give priority to online
platform for selling travel product. On other hand, it should open agency at public place
for sale product. Hence, it should be convenient for every consume for reach to
undertaking place.
B. Important of service sector mix element
It is very important for every organization. It is because of it is the identification of
market need and requirement. Further, it is the deep analysis of consumer market link with
consumer. Product – Combine travel packages gives new opportunities to expedia.com for attracting
new consumer in large quantity. Further, it will help company for raise profitability. On
other hand, better product always attract more consumer within short-time. Along with, it
helps to recover whole investment. Place – It helpful to connect more consumer for new Launce product. Therefore, the
expedia.com online platform and authenticate agency at every place (Voola and Yuksel,
2010). This strategy help-full for every type of customer to buy enterprise product with
easy manner. Promotion – the promotion give information about product of expedia.com. Further, it
give proper information to target consumer with right manner. So that they think to use
company product. The physiology method use in this also attract to new consumer within
short time. Pricing – it influences on whole business of expedia.com operation with proper manner.
Moreover, it shares part to success business in minimum time period. On other hand,
physiologies pricing policy is also helps to present better than competitor and provides
higher profit. People – People consist stakeholder who direct or indirect relates to expedia.com
business operation. Therefore, they play a vital role to give more profitability and better
operation within the territory of undertaking. Process – the better operation process of expedia.com relates to available combine
packages service give more profitability and consum100er trust toward enterprise.
Therefore, effective process also give new market opportunities for product.
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Physical evidence – It supports to analysis Expidia.com position within the marketplace.
It benefits to auditing for known the true and fair position of company (Yoo and et. al.,
2012). On other hand, It creates trust in patron mind which is beneficial for long-term
period.
C. Concept of total tourism product
It is referred to travel packages which consist of every facility which passenger required
during travelling. Therefore, the Expidia.com provides whole combination of travel product to
their consumer where they buy once and get full enjoy for until travel finished. Transportation – Expidia.com give facilities relates to transportation over world-wide
area. It gives categorise these facilities as consumer payable capacities. Therefore, when
consumer visit international place then enterprise gives car, taxi, bus etc. facilities for for
visit such place. Hotel – Expidia.com give Hotel facilities to their patron during travel (Liu, 2005).
Further, it arrange as according to their stay in particular place. Foreign exchanges - Every consumer requires to buy some essential item during travel.
Further, it also gives foreign exchange facilities with charging minimum processing
charges.
Food and beverages – Some countries like India are famous for their strict food product.
Therefore, Expidia.com provides food and beverages item for better consumer
satisfaction.
TASK 4
D. Nature and role of Promotion mix
The main aim of it to provides right and proper information to target consumer.
Therefore, Expidia.com use it for entered in new market as well as maintain long-term
relationship.
Advertisement – Its cover magazine, trade journal, newspaper. Further, it supports to
allure all type of consumer (Sethuraman, Tellis and Briesch, 2011). Therefore,
Expidia.com state all information regarding packages product and service with
physiologists manner.
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Sales promotion – In this Expidia.com give different type of discount and offer to patron.
Along with, it also organizes different type of activities relates to promote packages
service.
Public relation – the combine packages service provides by Expidia.com is also required
public relationship (Dhar and Varshney, 2011). Further, it for remove doubt of consumer
emerge in mind which relates to product.
Direct marketing – Direct marketing refer to connect with consumer for gives better
service. Further, there is company maintain relationship by using telecommunication or
any other mode for proper solution any misconduct.
Personal selling – there is authorized or company appointed person direct meet with
target consumer and give information of service product.
E. Promotional campaign
The promotional campaign plan is very important for Expidia.com for achieve goal and
objective with in target period.
Expidia.com is required to use promotional plan to get more benefits. Therefore, it should
be based on proper method and techniques (Lamb, Hair and McDaniel, 2011). On other hand, it
must be cover all target place and consumer with minimum investment.
It should use advertisement campaign on online platform for reach on target consumer. It
is because of every person with in London territory use internet at most of the time for any
purpose. Therefore, it is required less investment which provides high return (Parrish, 2010). On
the other hand, company can also use “click on pay” advertisement service where enterprise only
have to pay when consumer open such content.
Public relationship is also important for solving doubt at on the spot. In addition, this type
of marketing style at public place like mall, transaction area etc. however, this campaign helps to
to maintain good relationship with every person as well as helps to increasing value of enterprise
in patron mind (Schoppe, 2012). So that Expidia.com should appointed person and train to them
for better public relationship.
Personal selling is also better option for enterprise which relates to direct relation with
patron for sale service packages. Moreover, this strategy used when price of product is very high
which can affordable for few consumers.
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CONCLUSION
Summary of report state that marketing is the important tool in every industries like travel
and tourism sector. Further, it helps to give information to end consumer about product and
service. From which enterprise can generate profit with large amount. On the other hand, SWOT
analysis is also helped full to identified the actual position of undertaking.
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REFERENCES
Books and journal
Benson, A. M., Tilbury, J. and Wickens, E., 2012. Sustainable Tourism Management and
Marketing. Journal of Hospitality Marketing & Management. 21(7). pp.703- 709.
Carter, J., 2007. Structural modeling of resident perceptions of tourism and associated
development on the Sunshine Coast, Australia. Tourism management. 28(2), 409-422.
Christensen, S., 2010. Frommer's Dubai. John Wiley & Sons. Falk, J., 2011. Visitors’ learning
for environmental sustainability: Testing short-and long-term impacts of wildlife tourism
experiences using structural equation modeling. Tourism Management. 32(6).pp. 1243-
1252.
Dhar, S. and Varshney, U., 2011. Challenges and business models for mobile location-based
services and advertising. Communications of the ACM. 54(5). pp.121-128.
Huang, G., 2009. Tourism supply chain management: A new research agenda. Tourism
Management, 30(3), 345-358.
Lamb, C., Hair, J. and McDaniel, C., 2011. Essentials of Marketing. Cengage
Learning.Caemmerer, B., 2009. The planning and implementation of integrated marketing
communications. Marketing Intelligence & Planning. 17(4). pp.524 – 538.
McDonald, M., 2012. Market Segmentation: How to Do It and How to Profit from It. John Wiley
& Sons.
O'Connor, N., 2010. Crisis Management in the Tourism Industry Beating the Odds.
International Journal of Contemporary Hospitality Management. 22(4). pp.582 – 584.
Parrish, E., 2010. Retailers' use of niche marketing in product development. Journal of Fashion
Marketing and Management. 14(4). pp.546 – 561.
Sethuraman, R., Tellis, G. J. and Briesch, R. A., 2011. How well does advertising work?
Generalizations from meta-analysis of brand advertising elasticities. Journal of Marketing
Research. 48(3). pp.457-471.
Stronza, A., 2009. Collaboration theory and tourism practice in protected areas: stakeholders,
structuring and sustainability. Journal of Sustainable Tourism, 17(2), 169-189.
Uzama, A., 2009. Marketing Japan's travel and tourism industry to international tourists.
International Journal of Contemporary Hospitality Management. 21(3). pp.356 – 365.
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Voola, R. and Yuksel, U., 2010. Travel trade shows: exploratory study of exhibitors' perceptions.
Journal of Business & Industrial Marketing. 25(4). pp.293 – 300.
Yoo, J. and et.al., 2012. The roles of personal innovativeness and push vs pull delivery methods
in travel-oriented location-based marketing services. Journal of Hospitality and Tourism
Technology. 3(2). pp.86 – 95.
Online
Different concept of marketing. 2014 [Online]. Available Through:
<https://www.studyblue.com/notes/note/n/session-1-defining-and-core-concepts-of-
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