Issues in Marketing Mix: Product, Price, Place in Travel & Tourism

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Added on  2023/04/04

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This report delves into the critical issues surrounding the product, price, and place elements within the marketing mix of the travel and tourism industry. It highlights the limitations of organizations offering products for solo travelers, the need for a wider range of services, and the importance of product safety and security. Pricing challenges are discussed, including cost dependency on competitors, budget constraints, global economic fluctuations, currency exchange rates, and tax provisions. Place-related issues emphasize the necessity of identifying high-traffic locations, including key destinations in holiday packages, promoting new destinations, and improving online media tools for sales. The report also underscores the importance of human resources in service delivery, quality maintenance, and customer satisfaction, as well as the concept of the total tourism product, focusing on accommodation, entertainment, leisure activities, cost reduction, and customer preferences. References to relevant academic works are included.
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TASK 3
MARKETING IN TRAVEL AND
TOURISM
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ISSUES IN THE PRODUCT, PRICE AND
PLACE ELEMENTS OF MARKETING
MIX
Product Issues
The organisation provides
limited products for solo
travelling to the visitors.
Need wide range of products
and services
Safety and security of products
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ISSUES IN THE PRODUCT, PRICE AND
PLACE ELEMENTS OF MARKETING
MIX
Price issues
Quite expensive and dependent on the competitor price packages
The organisation prepares the plan as per budget basis so that cost
can be lowered.
Frequent changes in the global economy.
Currency exchange rate
Tax provision
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ISSUES IN THE PRODUCT, PRICE AND
PLACE ELEMENTS OF MARKETING
MIX
Place issues
Needs to identify the high footfall place in the market so that
consumers can reach to the destination easily
Key destination places should importantly included in the
holiday packages
Promote the travelling to the new destinations.
Improvement in online media tools for buying and selling
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TOURIST ATTRACTIONS OF EGYPT AND MOROCCO
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IMPORTANCE OF SERVICES SECTOR
MIX
Human Staff Or Employees
Most important asset of every organisation
Timely delivery of services
Monitoring of activities
Planning of resources
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IMPORTANCE OF SERVICES SECTOR
MIX
Human Staff Or Employees
Take part in planning and controlling
Maintain the services standard
Effective use of resources and tools
Meeting the satisfaction level of customers
Lower down the cost of operation
Implement the new plan and quality mark
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IMPORTANCE OF SERVICES SECTOR
MIX
Quality
Maintaining long term growth in sustainable business
environment.
Package quality
In house services
On-time services
Effective interaction
Communication and review of services
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IMPORTANCE OF SERVICES SECTOR
MIX
Offering full services to customer
Gaining competitive advantage
Maintaining flow of services
Having knowledge of market conditions
Use of new tools and techniques
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CONCEPT OF THE TOTAL TOURISM
PRODUCT
Helps in providing the accommodation, entertainment and
leisure activities
Encouragement of effectiveness to maintained and
increase profits
Customers prefers high luxurious services
Attracting the customers
Achievement of objectives
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CONCEPT OF THE TOTAL TOURISM
PRODUCT
Total tourism product should be used to reduces the
cost to the customers
It is a approch that lowers their issue in the entire
journey
Ensuring the profit criteria in competitive environment
Considering the preferences of the customers
Providing guidance to customers
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CONCEPT OF THE TOTAL TOURISM
PRODUCT
Helps to set well managed front office with hiring
professional staff
Beneficial in creating good brand reputation
Providing this facility with the budget cost
Allocates the price on respective food and accommodation
services
Integrates with other hotels to fulfil the services of customers
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