Introduction:
In the present modern ever competitive business world, tourism and hospitality industry contributes a great portion in any economy. Great Yarmouth has to respond positively to the customer perceptions and expectations with the view to ensuring the quality product and services and delivery of that service. The tourism sector of Great Yarmouth is considered as the single sector which directly and indirectly indicates the economic impact about £531 million per annum and responsible for 29.3% of the district employment (GYTA Annual Publication, 2013). This report is conducted to deal with the present condition of Great Yarmouth as a tourist destination through the analysis with strategic marketing, planning process, environmental analysis and recommended some strategic options for Great Yarmouth for achieving a sustainable source of competitive advantage.
Task 1: The key fundamentals of strategic marketing
Strategic marketing:
The ultimate goal of strategic marketing is achieving a distinctive position (i.e. above average performance) that can give it a sustainable source of competitive advantages (Tsiotsou and Gold Smith, 2012). For a successful implementation of the strategic marketing in Great Yarmouth, the authority can understand the present situation and can set some strategic marketing objectives for the long-term success of the tourism and resort business.
1.1 The role of strategic marketing in Great Yarmouth:
The role of strategic marketing is to
Mountain Man Brewing (MMB) has been successful with only one beer, Mountain Man Lager, but consumption has decreased. The decrease in sales for this beer has caused a decrease in profits, since it is their only product. Mountain Man needs to consider a change in their positioning strategy to increase sales and profits to keep the business successful.
The third table is to outline some of the activities we might find at each stage of the marketing process; this is brief summary of the importance of the different stages.
bar there is a wide range of beers and real ales as well as having bar
Narrator walks to table with handcuffs on and sits down. A small light hangs above him. Detective closes door and walks to table sitting down on the opposite side of Narrator.
1. What is a blue ocean strategy? What is a red ocean strategy? Explain these from the perspective of company, competition, costs, and markets.
Evaluate concepts and principles of strategic marketing and the application to the development of an appropriate marketing mix for Kathmandu.
Global Accounts – responsible for the entire portfolio of hotels on a global scale. Account Managers are responsible for driving partnerships and joint initiatives that will give Marriott market share in key business segment and transient, business.
Essentially, the marketing manager will seek to understand how a competitive advantage may be gained over other competitors (Lemon et al 2002). Figure 1 shows that Hilton Hotel Corporation is one of the leading hotels in the world. Nevertheless, as a newer hotel in Melbourne, Hilton is facing some serious challenges from competitors such as Grand Hyatt Melbourne and Sheraton Melbourne. Grand Hyatt Melbourne has completed its four year refurbishment project. Meanwhile, Sheraton Melbourne Hotel will launch a new full service as part of a 2013 development, combining hotel services with up-market residences and boutique retail (Melbourne Planner’s Guide 2011-2012, 2011). It is critical for Melbourne Hilton Hotel to understand visitors’ wants in order to satisfy visitors. In addition, Melbourne Hilton Hotel needs to have a good understanding of the competition in
In the year 51 B.C. Cleopatra became queen when she was 18 years old. She ruled with her brother Ptolemy XIII, who was only 10 years old and not old enough to rule by himself. She also became his wife, which was a formality because of his age. Cleopatra was strong-willed and ambitious. She wanted to bring her county to the glory of its former days. However Ptolemy’s advisers drove Cleopatra out of Egypt by the time she was 20 years old.
The proposals that we are going to depose are a planning of continuous action in order to confront the challenges, which BT confronts. The most important factor is considered to be the fact that the marketing environment changed rapidly after the deregulation of the telephone industry. Up to then BT was operating as a monopoly, ignoring the competition and ways to face it.
Marketing strategy is the goal of the increasing sales and achieving the sustainable competitive advantages. Marketing strategy includes all the basic and long-term activities in the field of the marketing that deal with the analysis of the strategic initial situation of the company and the formulation, evaluation and selection of the market-oriented strategies and therefore it contributes to the goals of the company and its marketing objectives.
Kotler and Armstrong (2010). The marketing mix is often crucial when determining the MOGH unique selling points and how to market them correctly.
1).The relationship between Hospitality and Tourism: Tourism and hospitality go hand in hand, the hospitality industry offer services like accommodation, transportation, food and beverage, recreation and leisure. Tourism is the activity by the tourists where they engage in travelling to destinations where they want to experience recreational and leisure activities and most of the time avails of accommodation, food and beverage. The hospitality industry is the supplier of the services for tourism. The meaning of hospitality is providing a safe and enjoyable environment for patrons. It also means responsibly serving liquor, to ensure that patrons do not become unduly intoxicated and subsequently a problem for management, staff and the
In this section of task I am going to discuss about strategic marketing and the role of strategic marketing.
Marketing plays the most important role for the success of a business. In this chapter, the business’ marketing objectives are laid out together with the plans or actions that will be needed to achieve these objectives. Furthermore, this chapter includes the profile of the respondents which aided the researchers to create this part of the feasibility study.