Marketing Essentials for Travel and Tourism (Part 1) - TUI Report
VerifiedAdded on 2023/01/20
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Report
AI Summary
This report analyzes the marketing essentials for TUI, a travel and tourism company. It begins with an introduction to marketing concepts, including production, product, selling, and marketing concepts, alongside current and future marketing trends like content marketing, social media, artificial intelligence, and virtual reality. The report then explores different marketing processes, such as situation analysis, marketing strategy, marketing mix decisions, and implementation and control. It details the roles and responsibilities of a marketing manager within TUI, covering marketing functions, planning, market information, and selling services. The interrelationship between marketing and other departments like production, human resources, finance, and research & development is also examined. A critical analysis of these interrelationships is provided, followed by an application of TUI's marketing strategies, including the use of production, marketing, selling, and product concepts. The report also touches upon content theory and its relevance to TUI, emphasizing how understanding customer needs drives profitability. Finally, it highlights the value and importance of the marketing role in TUI, concluding that effective marketing is essential for organizational success by attracting customers and increasing sales.
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