1. Analysis of Current Marketing Strategies (5 marks): 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 (10 marks): 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 (5 marks): 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 (2 marks): 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.
1. Analysis of Current Marketing Strategies (5 marks): 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 (10 marks): 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 (5 marks): 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 (2 marks): 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.
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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Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
Question
1. Analysis of Current Marketing Strategies (5 marks):
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 (10 marks):
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 (5 marks):
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 (2 marks):
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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