MOD 2
MOD 2
Marketing Concepts
- Marketing: the activity, set of institutions, and processes for creating, communicating, delivering, and
exchanging offerings that have value for customers, clients, partners, and society at large.
- Tourism marketing: managing and promoting destinations by creating images and experiences related to
attractions, culture, and community to attract and satisfy travelers.
- Goods: tangible items—physical objects that can be seen, touched, and transferred to ownership.
2. Methods of Segmentation
(a) Geographic
(b) Demographic
- Grouping consumers by age, gender, income, occupation, education, and family status to target messages to
specific life-stage groups.
(c) Psychographic
(d) Behavioural
- Classifying consumers by patterns of use, benefits sought, loyalty, readiness to purchase, and engagement
with a brand or product.
- Product: The bundle of tangible and intangible attributes offered to satisfy needs.
- Price: The amount customers pay, reflecting costs, competition, and perceived value.
- Place: Distribution channels ensuring products/services reach the target market efficiently.
- Promotion: Communication strategies—advertising, public relations, sales promotions—to persuade purchase.
4. Marketing Strategies
(i) Destination
- Public sector: formulates and funds national/regional brand identity and campaigns.
- Private sector: delivers experiences aligned with the brand promise and invests in promotional partnerships.
- Building strong, differentiated product/service brands through consistent quality, storytelling, and stakeholder
engagement.
5. Distribution Channels
(a) Traditional
- Intermediaries: bridge suppliers and travelers by bundling services and simplifying bookings.
- Tour wholesalers: buy travel components in bulk and sell to travel agents.
- Tour operators: design and package components (transport, lodging, tours) into marketable products.
- Travel agents: act on behalf of providers, selling packages to end-users for commission.
- Consolidators: secure discounted inventory (especially airline seats) and resell through agents.
- Reservation systems: automated systems (CRS/GDS) for real-time bookings across channels.
- Visitor information centres: offer on-site guidance, bookings, and local insights.
(b) Contemporary
- E-Marketing: online sales via DMO and supplier websites, SEO, email marketing.
- Social Media: platforms (Facebook, Instagram, TikTok) for targeted promotions, engagement, and
user-generated content.
6. Marketing Communications
- Public relations: managing earned media to create positive perceptions without direct payment.
- Sales promotions: short-term incentives (discounts, contests) to stimulate trial and repeat purchase.
- Personal selling: direct, face-to-face interactions to build relationships and close sales.
- Direct marketing: one-to-one communications (mail, email, SMS) targeting specific segments.
- Social media: interactive channels for two-way engagement, customer feedback, and community building.
7. Market Research
(a) Concept
- A systematic process of gathering, analyzing, and interpreting data about markets, competitors, and customers
to support decision-making.
8. Marketing Plan
- Situation analysis:
- Marketing goals and objectives: SMART criteria (Specific, Measurable, Achievable, Relevant, Time-bound).
- Monitoring & evaluation: key performance indicators (KPIs), feedback loops, and contingency measures.