Analyzing Marketing Strategies of Thomas Cook in Travel and Tourism
VerifiedAdded on 2023/03/29
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Presentation
AI Summary
This presentation delves into the marketing strategies within the travel and tourism sector, focusing on Thomas Cook's approach to its 2018 summer holiday packages in Morocco and Egypt. It identifies issues related to the product, price, and place elements of the marketing mix, such as high initial costs, market skimming pricing policies, and security threats in destination areas. The presentation emphasizes the importance of the service sector mix, including people, packaging, and partnerships, to enhance brand image and service delivery. Additionally, it explores the concept of the total tourism product, differentiating between specific and total level services, and highlighting how additional services can improve customer satisfaction without significantly impacting profit margins. The analysis draws upon various references to support its insights into effective tourism marketing strategies.
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