Thomas Cook: Marketing Mix Issues & Total Tourism Product Analysis
VerifiedAdded on 2023/03/29
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AI Summary
This report examines the marketing mix elements (product, price, place, promotion, people, physical evidence, and process) and their associated issues within Thomas Cook, particularly in relation to the travel sector. It highlights challenges in product categorization, pricing affordability in markets like Morocco and Egypt, and the effective placement and promotion of holiday packages. The report emphasizes the importance of service sector mix elements in the travel industry, detailing how each element contributes to customer satisfaction and business success. Furthermore, it applies the concept of the total tourism product to Thomas Cook, illustrating how the company combines various elements, including attractions, availability, and comforts, to meet customer expectations and deliver comprehensive travel experiences. The analysis also considers the unique characteristics of tourism products, such as their immobility, high investment risk, and dependence on human factors, while referencing academic sources to support its findings. Desklib provides access to similar solved assignments and study resources for students.
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