Analysis of Current Marketing Strategies

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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1. Analysis of Current Marketing Strategies 
 Choose a hospitality business (e.g., hotel, restaurant, travel agency) and
conduct an in-depth analysis of its current marketing strategies.
 Evaluate the effectiveness of their current marketing efforts in reaching
their target audience and driving customer engagement.
 Identify any strengths, weaknesses, opportunities, or threats in their
current marketing approach.
2. Development of Marketing Plan 
 Based on your analysis, develop a comprehensive marketing plan for the
chosen hospitality business.
 Clearly outline the goals, target audience, positioning, and marketing
tactics to be employed.
 Include a detailed timeline and budget for implementing the marketing
plan.

 Justify your choices by explaining how they align with the business's
objectives and address the identified strengths, weaknesses,
opportunities, or threats.
3. Creativity and Innovation in Marketing Approach 
 Demonstrate creativity and innovation in your proposed marketing
approach.
 Suggest unique strategies or tactics that go beyond conventional
methods to attract and engage customers.
 Explain how these creative elements will contribute to the success of the
marketing plan.
4. Clarity and Organization of Content 
 Ensure that your assignment is well-structured and organized.
 Use appropriate headings, subheadings, and paragraphs to present your
ideas clearly.
 Make sure your content flows logically and is easy to follow. 

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