3.04 Understand destination marketing strategies

Slides:



Advertisements
Similar presentations
The Role of IMC in the Marketing Process
Advertisements

Module 3 Market segmentation Dr. Mohamed Zamil AL-Akhtaby.
On Target Group Coaching
TARGET MARKET AND MARKET SEGMENTATION
Learning Objectives: The Distribution Mix and the Travel Trade
Content of the Lecture Definition of Market Segmentation
Fashion Merchandising A
Alton Towers Resort Business of Leisure.
Chapter 14Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 1 Learning Outcomes: Chapter 14 Integrated Marketing Communications.
Your Guide to the DECA Basics
Copyright © 2004 South-Western. All rights reserved.14–1 Learning Goals Explain promotion benefits. advertising personal selling sales promotion. public.
STANDARD 1 OBJECTIVE 1 Students will understand the concept of market & market identification.
Learning Goals Learn the three steps of target marketing, market segmentation, target marketing, and market positioning Understand the major bases for.
Advertising includes: the name of a product or service how that product or service could benefit the consumer. Advertiser: wants to send out a message.
Using the Trivia Game Template Copy the PowerPoint presentation to your hard drive.Copy the PowerPoint presentation to your hard drive. Open the file.
Introduction to the Travel Industry
TOURISM DATA COLLECTION. Data collection Situational analyses – to perform situational analysis should be carried out marketing research to obtain quantitative.
MARKETING ASPECT. Marketing Aspect  The Marketing Plan section explains how you're going to get your customers to buy your products and/or services.
Marketing for a New Company EDUC 517 Tech Created by, Jenna Coleman & Kyle Hills.
Promotion. Objectives: Promotion strategy options Define promotion and its role in marketing.
MARKETING THE INDUSTRY SEGMENTS 4.01 Explain the use of the marketing mix and promotional mix in the travel, tourism, and recreation industry.
Fashion Advertising and Promotion
Market Segmentation. "The marketer should stop thinking of his customers as part of some massively homogeneous market. He must start thinking of them.
1 Chapter 16: Promotional Planning for Competitive Advantage Prepared by Amit Shah, Frostburg State University Designed by Eric Brengle, B-books, Ltd.
Using Advertising and Promotion to Build Brands
4.4 Select target marketing appropriate for product/business to obtain the best return on marketing investment.
Marketing Is All Around Us. Quick Think How would you define Marketing? Activities that fall under its umbrella.
MARKETING MARKETING ENT 12.
By: Chinwoo CHAPTER 25: MARKETING PLANNING. Marketing planning: The process of making appropriate strategies and preparing marketing activities to meet.
Basic Marketing Concepts
1.3 Fundamentals of Marketing MARKETING MR. PAVONE.
Floral Marketing. Marketing Terms Marketing: all business activity to encourage the moving of goods, including selling, advertising, promotions, and packaging.
Chapter 12 1 Understanding the Customer Prepared by Norm Althouse University of Calgary Prepared by Norm Althouse University of Calgary Copyright © 2011.
MARKETING PLAN ITALIAN ROMANCE VENICE Ghida Z, Sandra V, Frenki K, Jordan K, Deena H, Janivia S.
Market Segmentation Market Segmentation is pursuing a marketing strategy whereby the total potential market is divided into homogeneous subsets of customers,
Basics of Destination Markets By: Holli Howard 2010.
Functions of Marketing
Tourism and Hospitality Marketing TOUR 2006 Grace Lee.
Hotel Pattee Ian Todd, Tom Graeve, Jordan Wilson, Kristen Gerhardt.
MARKETING 1. ACTIVITIES DIRECTED TOWARD IDENTIFYING AND SATISFYING CUSTOMER NEEDS AND WANTS THROUGH A PROCESS OF EXCHANGE 2. THE PROCESS OF PLANNING AND.
Course standard BMA-IBT-5
Product Characteristics Features Attractiveness Uniqueness Innovation Benefits Customer experience Customer satisfaction.
MARKETING 1 Welcome to Unit 2. Review of unit reading material from textbook: Travel Career Development 8 th ed. Authors: Gagnon,P. & Houser, S.
Hospitality and Tourism 110
PRODUCTS & BRANDS. PRODUCTS vs BRANDS PRODUCT –anything capable of satisfying a want and need BRAND – a product that is distinguished from those of competitors.
Copyright © 2007 McGraw-Hill Ryerson Limited. Objectives To understand: The most important strategies used by marketers. The concept of market segmentation.
3.04-UNDERSTAND DESTINATION MARKETING STRATEGIES. Unit 3-Understand hospitality marketing.
Marketing Chapter 10. Lessons Marketing Basics Develop Effective Products and Services Price and Distribute Products Plan Promotion Essential Question:
Chapter 2 Fashion & Marketing Chapter 2.1 Fashion Marketing Basics.
Salman Ahmed Qurraishi.  Advertising mean “to Communicate”  Advertising is defined as any “paid-for method of promotion”. Advertising is the main form.
Brief Intro to Promotion & Promotional Mix Objectives Explain the role of promotion in business and marketing Identify the various types of promotion.
Target Market - Review What is a market? ◦ People who share similar needs and wants and have the ability to purchase a given product are a market What.
The Marketing Concept Implementing the Marketing Strategy.
Marketing September 16, Notes - Marketing Mix Marketing Mix Activity.
Principles of Marketing  This is possibly the most important topic of this entire course.  All marketing strategy and tactics need a good understanding.
Standard 2 Fashion Marketing. Student will understand the basics of fashion marketing. Objective 1: Define Marketing Terms Objective 2: Describe the 4.
May 9th, 2015 Market Research Describe the purpose of marketing research.
Marketing Marketing Basics Develop Effective Products and Services Price and Distribute Products Plan Promotion.
1 MARKETING ENT What is Marketing? Marketing Activities directing the flow of goods and services from producer to consumer or user. Marketing consists.
Marketing Foundations What is Marketing? What is the goal of Marketing?
The Marketing Mix. Marketing Mix Most famous phrase in marketing Sometimes known as the ‘four Ps' The marketing mix consists of price, place, product.
Advertising. Warm-up Discussion What are your impressions of advertising in daily life? What part has advertising played in your purchase or selection.
Chapter 2 IMC Role in Marketing. Chapter 2 : IMC Role in Marketing Chapter Objectives To understand the marketing process and the role of advertising.
Market Segmentation, Targeting, and Positioning
Which Market Segmentation!
42 year-old woman Demographic. 42 year-old woman Demographic.
Market Segmentation, Targeting, and Positioning Boe Dube
Unit 3-Understand Hospitality Marketing
Analysis (SWOT Analysis + Competitors Analysis)
Unit 1 – Strategies Used in the Sports and Entertainment Industry
Presentation transcript:

3.04 Understand destination marketing strategies

Essential Questions of 3.04 How do marketing and selling impact the success of the hospitality and tourism industry? What techniques positively impact the selling of hospitality and tourism destinations?

Marketing Mix - Hospitality and Tourism

Hospitality Services - (pp. 289-290, 356, 384-388, 393-395) Notebook Vocabulary Define from textbook , provide the term and summarize, in your own words, the definition for the term advertising amenities brand loyalty Branding demographics destination mix geographics Interactive marketing niche marketing personal selling positioning amenities product service mix Psychographics destination mix publicity sales promotion service marketing standing room only target market unique selling proposition Hospitality Services - (pp. 289-290, 356, 384-388, 393-395)

Market Segmentation in Hospitality and Tourism Market segmentation recognizes that people differ in their tastes, needs, attitudes, lifestyles, family size and composition, etc. . . . It is a deliberate policy of maximizing market demand by directing marketing efforts at significant sub-groups of customers or consumers. Demographic Psychographic Geographic

42 year-old woman Demographic

Marathon runner Psychographic

Grandparents with 10 grandchildren Demographic

North Carolina Mountains Geographic

Newly married couple Demographic

Prefers adventurous vacations Psychographic

Earns $100,000+ a year Demographic

Received a Masters Degree from UNC Demographic

Cayman Islands Geographic

Enjoys day trips Psychographic

Cold climate Geographic

Questions What type of market segmentation is a tour company using when it focuses on developing Alaskan tours and cruises? A tour wholesaler is developing a guided bus tour for 55- to 70-year-old couples with an income between $60,000 - $100,000. How is the tour wholesaler segmenting the target market?

Types of Advertising Media Radio Selective audiences at low cost Social Media Twitter, Facebook, etc. Texting Television Print Advertising Promotional Brochures Direct Mail Magazine Newspaper Internet Banner Pay per click Interactive

Advertising Media Throwing all of your media dollars into one medium is highly dangerous. It is recommended to start with a budget for the calendar year and try and stretch those dollars out as long as you can.  Include tracking results as best you can. The more you know about what works best the better you can adjust your media mix. The goal of promotion is to create product demand.

Online Marketing Blogger/Tumbler Email Facebook Instagram LinkedIn Twitter Google

Rubric is on Classroom Central Online Marketing Case Study Creative Ads Select a local tourist destination and compose three types of advertising media for it 2. 1. Rubric is on Classroom Central Online Marketing Case Study

Product Bundling

Product Bundling/Packages in Hospitality in Tourism   All-Inclusive Escorted Tours  Transportation Accommodation and Meal Event Packages with Programming for Special Interests Local Attraction or Entertainment Dynamic   Incentive or Tours Convention/Meeting Affinity Group or Tours Family Vacation Weekend, Mini-Vacation, Holiday

Holiday Bundling

Unique selling proposition (USP). Simulates interest in the tour product What is the foundation of a unique selling proposition for a hospitality and tourism business? Differentiation Standardization Customization Saturation

You are a Travel Agent End users Marketers Producers Wholesalers Who are you selling your product to: End users Marketers Producers Wholesalers

You are a Travel Agent: Obtaining testimonials What is an important aspect of selling that you as a travel agent will perform? Obtaining testimonials Explaining product benefits Encouraging word-of-mouth promotion Focusing on competitors’ weaknesses

You are a Travel Agent: What do you need to do to help clients make decisions about which travel products to buy Focus on the price of a product Describe the safety factors of a product Create a positive image of a product Explain the tangible features of a product

You are a Travel Agent: A client wants to book a cruise. What is the most appropriate action for the you to take? Determine the client’s needs and preferences

You are a Travel Agent: Which of the following questions should you ask to determine your customers' needs in order to book them on the appropriate cruise? "Why do you want to take a cruise?" "Where are you interested in going on your cruise?" "Do you like to spend a lot of money on vacation?“ "Why do you want to go on a cruise during this the time of year?"

You are a Travel Agent: Attributes How are you positioning the cruise when it you on the cruise’s physical characteristics? Attributes

What type of marketing involves a 5-day Fan Cruise? You are a Travel Agent: What type of marketing involves a 5-day Fan Cruise? Niche Marketing

You are a Travel Agent: What type of service might you recommend to clients who want to tour an area during their extended cruise stop at their own at a leisurely pace? Car rental Motorcoach High-speed train

You are a Travel Agent: Standing Room Only “Mr. Thompson, there are only two ocean view suites left so you may want to book your trip as soon as possible.” What type of sales close is the travel agent using? Standing Room Only

Rubric is on Classroom Central You work as the marketing manager at a new resort .The resort is fully booked during the winter and fall; however reservations decrease substantially during the spring and summer. Develop four vacation packages that would help to increase spring and summer bookings. What features would be included in these packages? Would other businesses in the area be involved? Who would be your target markets? How would you market each package using publicity, personal sales, sales promotion and advertising?