1/39
Week 2
Name | Mastery | Learn | Test | Matching | Spaced |
---|
No study sessions yet.
Tourism and Hospitality Marketing
is how segments of the tourism industry promote their products or services.
four-P framework
calls on marketing professionals to decide on the product and its characteristics, set of price, decide how to distribute their product, and choose methods for promoting their products.
Marketing
is the process for getting acompany’s product or services out to
consumers.
Hospitality marketing
takes a look at how segments of the hospitality industry includes businesses such as hotels and motels, food services, recreation outlets, tourist destinations, performing arts and spectators, sports, museums, amusement parks and gambling establishments.
Tourism marketing
the marketing initiatives
have to highlight the value of the memories,
make the collection of services easily available
and add value through additional programming
and other factors.
Product
refers to the services a company
wishes to sell
Place
refers to the location where the
customers buys the collection of services
Promotion
is the specific combination of
marketing techniques such as advertising,
personal sales, public relations, and other
related activities.
Pricing
is the part of a comprehensive revenue
management and pricing plan.
People
key to the success of the transaction
Process
refers to the procedures, mechanisms
and flow of activities that occur when the
customer and the business interact with each
other.
Physical Evidence
These are ways in which
businesses can demonstrate their marketing
claims and customers can document their
experience such as stories, reviews, blog spots,
or in-location signage and components.
The hospitality industry
is known as a difficult industry to succeed in.
● Restaurant failure rate estimates to 20%
- 30%.
Marketing campaigns
should be
conducted to promote the product and
service it aims to provide.
Quality of service
a business must be ready to
invest in good employees. They should be
properly trained and motivated.
Marketing Management Philosophies
Are the philosophies used by the businesses to
guide their marketing efforts.
Production Concept
Works on an assumption
that consumers prefer a product which is
inexpensive and widely available.
Product Concept
Assumes that consumers will
favor products that have quality, performance
and innovative features
Selling Concept
Concentrates on making every
possible sale of the product, regardless of the
quality of the product or the need of the
customers.
Marketing Concept
Works on an assumption
that consumers buy products which fulfill their
needs.
Needs
it is something inevitable for the
existence of life; many adverse things can occur
without it.
Wants
are our desires and wishes in
life
Demands
when our desires, needs, and wants
are backed by our ability to pay, they become
demands.
Societal Marketing Concept
Focuses on
society well-being as well.
❖ The business focuses on how to fulfill the needs
of the customer without affecting the
Holistic Marketing Concept
Considers business
and all its parts as one single entity and gives a
shared purpose to every activity and person
related to the business
Key Players in the Tourism and Hospitality Industry
Private Non-profit Sector
Public Sector
Transportation
Accommodation
Food and Beverages
Attractions
Events and Conferences
Intermediaries
The Tourists
Private and Non-Profit Sector
consists of travel agencies or tour operators
associations, financial and banking institutions,
educational institutions and insurance
companies.
Public Sector
is composed of the provincial
tourism organizations that work together to
create more attractive tourism products.
Tourism Promotion Board (TPB)
is the government corporation dedicated to
the promotion of the Philippines as a
meeting and convention destination.
Transportation
a good transportation system is
important and beneficial for the tourism
industry.
Roads
Trains, taxis, jeepneys, buses,
and trikes are the main modes of public
transportations.
Airlines
are experiencing increasing
demand both locally and internationally
Cruise
is becoming a popular and
successful component of the tourism
industry
Railways
a land railway system
operated by the Philippine National
railways, called the Metroten.
Philippines have invested large amount
of money for their trains to solve
transportation problems
Accommodations
consists of hostels, bed and
breakfast, tourist residence, holiday dwellings,
timeshare apartments and campsites.
Food and Beverages
These are companies
involved in the process, package and
distribution of fresh and prepared foods, in
addition to prepackaged foods.
Attractions
classified into natural and
manmade
Events and Conferences
events are vital
because of its tourist, social and cultural
functions as well as to the local and national
development.
Intermediaries
tour operators and
wholesalers, travel agents, travel specialists and
Web-based intermediaries are important
players in the tourism industry.
The Tourists
it is this people that bring
revenues to the tourism and hospitality industry
as a whole.