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= Products
+ Services
+ Experience
Market Offerings Components
Market Offerings
Combination, mixture or blend of physical products, services, information, ideas or experience offered to a market to satisfy a need or a want.
Tourism Products
A combination of intangible and tangible elements, such as natural, cultural and man-made resources, attractions, facilities, services and activities around a specific center of interest which represents the core of the destination marketing and creates an overall visitor experience including emotional aspects for the potential costumer earths is the sun's mass (UNWTO)
Tourism Experience
This is a set of activities om which individuals engage on their personal term, such as pleasant and memorable places, allowing each tourist to build his or her own travel experiences so that they satisfy wide range of personal needs, from pleasure to a search for meaning.
Is the core value of service delivery in tourism.
Tourism Services
Are actions and intangible
The Core Marketing Concepts
• Exchange
• Transactions
• Relationship Marketing
Exchange
The act of obtaining a desired object from someone by offering something in return.
Transactions
Marketing's unit of Measurement
Relationship Marketing
The process pf creating, maintaining and enhancing strong, value-laden relationships with customers and other stakeholders
Value
Satisfaction
Quality
Customer Value
Is the difference between the benefits that the customer gains from owning and/or using a product and the costs of obtaining the product.
Customer Expectations
are based on past and buying experiences the opinions of friends and market information.
Experience
Reliability
Responsiveness
Assurance
Empathy
Tangibles
Dimensions of Service Quality
Reliability
Responsiveness
Assurance
Empathy
Tangibles
Market
A place where buyers and sellers gathered to exchange their goods
Buyer
A set of actual and potential buyers of a product
The size of market depends on 3 things
The number of people who demonstrate the need.
Those who have the resources to take part in the exchange
Those who are willing to part with these resources in exchange for what they want.
The Marketing Process
Understand the marketplace and customer needs and wants.
Design a customer-driven marketing strategy.
Construct an integrated marketing program that delivers superior value.
Build profitable relationship and costumer delight.
Customer value from customers to create profits and customer equity.
Marketing Management Philosophies is also known as:
The Marketing Era
Marketing Management Philosophies
Production Concepts
Product Concept
Selling Concept
Marketing Concept
Social Marketing Concept
Production Concept
Consumers will favor products that are available and highly affordable.
Product Concept
Consumer will favor products that offer the most in quality, performance and innovative feature.
Selling Concept
Consumers will not buy enough of the organization’s products unless the organization undertakes a large selling and promotion effort.
Marketing Concept
Achieving organization’s goals depends on determining the needs and wants of target markets and delivering the desired satisfaction more effectively and efficiently than competitors.
Social Marketing Concept
Marketing strategy should deliver value to customers in a way that maintains or improves both the consumer and society’s well-being.
Their needs + society first = Better Business
The Societal Marketing Approach
tends to balance the pursuit of business profits with costumer desires and the society’s best interest.
Society (Human Welfare)
Company (Profits)
Consumers (want stisfaction)
Service characteristics of hospitality and tourism marketing
Perishability
Inseparability
Intangibility
Variability
Lack of ownership
Perishability
Services cannot be stored for later use of sale.
Inseparability
both the service provider and costumer must be present for the transaction to occur.
Intangibility
Products are experimental only
Variability
Lack of consistency in the product
Lack of Ownership
you cannot own and store a service like you can in a product