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Marketing Tourism Products

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Presentation on theme: "Marketing Tourism Products"— Presentation transcript:

1 Marketing Tourism Products
What is marketing? Bridge between producer and consumer Traditional vs Tourism Marketing must understand product characteristics Must understand where located on product life cycle Distribution channel is inverted

2 Selling the Destination
Macro level—wholesalers, tour operators, travel agents Micro level---done directly with consumer usually once tourist is at the destination—resembles service when done right

3 Examples Macro level—Malaysia Micro level--Icelandair

4 Marketing plan Situational Analysis What type of product is being sold
Environmental setting which includes economic conditions, laws and regulations, and technology Example of laws and regulations—airline deregulation Who is the consumer

5 Marketing plan cont Understand competitor
More competition the better comparison advertising Non-comparison builds brand awareness Price price can be used to convey product quality discounting is good during off season (U.S to Europe flights in winter)

6 Marketing plan cont Set objectives Budgets evaluation

7 Target Marketing/Market Segmentation
Each member of a segment must a trait in common which is absent from members of other segments Each segment must be substantial Each segment must be exploitable

8 Types of Segmentation Geographic Demographic Psychographic
Combinations

9 Market Research Problem identification Review of available information
Develop methods of analysis Data collection Data Analysis Interpretation Report writing and presentation

10 Types of Market Research
Assessment Monitoring Product positioning Forecasting


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