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Hotel Marketing and Communication The Cornerstones
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Page 1: Hotel Marketing and Communication The Cornerstones.

Hotel Marketing and CommunicationThe Cornerstones

Page 2: Hotel Marketing and Communication The Cornerstones.

CopyrightCopyright © Texas Education Agency, 2012. These Materials are copyrighted © and trademarked ™ as the property of the Texas Education Agency (TEA) and may not be reproduced without the express written permission of TEA, except under the following conditions:

1) Texas public school districts, charter schools, and Education Service Centers may reproduce and use copies of the Materials and Related Materials for the districts’ and schools’ educational use without obtaining permission from TEA.

2) Residents of the state of Texas may reproduce and use copies of the Materials and Related Materials for individual personal use only, without obtaining written permission of TEA.

3) Any portion reproduced must be reproduced in its entirety and remain unedited, unaltered and unchanged in any way.

4) No monetary charge can be made for the reproduced materials or any document containing them; however, a reasonable charge to cover only the cost of reproduction and distribution may be charged.

Private entities or persons located in Texas that are not Texas public school districts, Texas Education Service Centers, or Texas charter schools or any entity, whether public or private, educational or non-educational, located outside the state of Texas MUST obtain written approval from TEA and will be required to enter into a license agreement that may involve the payment of a licensing fee or a royalty. For information contact: Office of Copyrights, Trademarks, License Agreements, and Royalties, Texas Education Agency, 1701 N. Congress Ave., Austin, TX 78701-1494; phone 512-463-7004; email: [email protected].

2Copyright© Texas Education Agency, 2012. All rights reserved.

Page 3: Hotel Marketing and Communication The Cornerstones.

Marketing Basics

Marketing Concept– the idea that businesses must satisfy customer needs

and wants in order to make a profit

Marketing– the creation, management, and selling of products

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Page 4: Hotel Marketing and Communication The Cornerstones.

Products

• Tangible, hold or touch• examples: T-shirts,

furniture

Goods

• Intangible, can’t touch• examples: spa, miniature

golf

Services

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Page 5: Hotel Marketing and Communication The Cornerstones.

The Marketing Mix(4 P’s of Marketing)

Marketing Process

Identify the customer

Determine customer’s

wants

Make the right

product…

…at the right

place…

…at the right price

Communicate to the

customer

Market Segmentation

Target Marketing

Product Management

Place (Distribution)

Price Management

Promotion

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Page 6: Hotel Marketing and Communication The Cornerstones.

• Market – All potential customers– share common needs and wants– have the ability and willingness to buy

• Marketers can conduct research to identify a target market

• Identifying a target market is achieved through market segmentation

• The strength of a marketing mix depends on two things:– How well the target market is defined– How well all marketing decisions are directed

toward that target market

Identifying the Customer

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Page 7: Hotel Marketing and Communication The Cornerstones.

Wants are determined by segmentation and research

Determine What the Customer Wants

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Page 8: Hotel Marketing and Communication The Cornerstones.

ProductPlace

(Distribution)

Price Promotion

Marketing Mix

Marketing Mix

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Page 9: Hotel Marketing and Communication The Cornerstones.

Make the Right Product…

• Obtaining• Developing• Maintaining• Improving

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Page 10: Hotel Marketing and Communication The Cornerstones.

Product Strategies

• Amenities• Benefits• Branding• Features• Image• Packaging• Services

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Page 11: Hotel Marketing and Communication The Cornerstones.

…at the Right Place

Location, location, location!

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Page 12: Hotel Marketing and Communication The Cornerstones.

…at the Right Price

• Complex decision• Non-price• Revenue Management Software• Strategies include:

– based on demand– competitors– image

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Page 13: Hotel Marketing and Communication The Cornerstones.

Sales Promotion

Advertising

Inte

ract

ive

Public

Relations

Personal Selling

Interactive- website- social

media

Advertising- print- broadcast

Sales Promotion- coupons, rebates,

discounts - frequent buyers

program

Public Relations- press releases/kits- media relationships

Personal Selling- suggestive and

group- telecommunication

Communicate to the Customer

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Page 14: Hotel Marketing and Communication The Cornerstones.

Communication• Beyond Promotion to direct

communication• Verbal

– face-to-face– telephone

• Non-verbal– body language– facial expressions– writing – letters, email, text

• Interpreting cues

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Page 15: Hotel Marketing and Communication The Cornerstones.

The Marketing Plan• Marketing goals• How to achieve the goals

• Strategies• 4 P interaction

• Competitor analysis

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Page 16: Hotel Marketing and Communication The Cornerstones.

References and Resources

Images:• Microsoft Office Clip Art: Used with permission from

Microsoft.Textbooks:• Farese, Kimbrell, Woloszyk, (2002) Marketing Essentials,

Woodland Hills, California: Glencoe McGraw-Hill, Inc. • Reynolds, Johnny Sue. (2010) Hospitality Services Food &

Lodging. Second. Tinley Park, Illinois: The Goodheart-Willcox Company, Inc.

Copyright© Texas Education Agency, 2012. All rights reserved.16