Marketing 184

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    Marketing

    What is Marketing?

    Segmentation and Marketing

    Marketing Services

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    What is Marketing

    Human activity directed towardssatisfying needs and wants throughexchange processes

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    What is Marketing

    Marketing, like many other termsassociated with recreation and leisure,is not easily defined

    Ideas about marketing have changedover time

    One might simply define marketing as

    anything that facilitates exchange

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    What is Marketing

    Please note that marketing and sellingare notthe same thing!

    Marketing is often given negativeassociation based on its confusion withselling

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    Identifying A Market

    Markets are identified in numerousways:

    Looking at existing products

    Listening to consumer

    complaints/suggestions

    Demographic trends

    Direct consumer solicitation

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    Market Segmentation

    Once a market is identified, the marketis then divided into segments

    This division leads to an identificationof subgroups of the larger market asbeing made up of clusters of peoplewith like qualities

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    Target Marketing

    Once segments are identified and labeled,

    products can be marketed at a particular

    segment. This is called target marketing.

    Target marketing is more effecting thangeneral blanket marketing in that there is an

    indication that your market is clearly

    interested in your product.

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    Target Marketing

    For many scholars, target marketing is the

    only true marketing based on its pre-

    identification of a select market

    Often blanket marketing may be used inadvance to help identify a particular market

    segment (consumer response, surveys, etc

    may be used)

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    Positioning

    The combination between theselected target market and theappropriate market mix (see 4Ps)

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    Marketing Services

    As discussed before, resorts oftenmarket services or experiences, ratherthan goods products

    Because of their intangible quality,service products and experientialproducts may require special

    marketing techniques

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    4Ps of Marketing

    Product

    Price

    Place Promotion

    (Oddly enough, the customer is not

    part of the traditional 4Ps of marketing)

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    3 Additional Ps

    Physical Evidence

    Process (and Procedure)

    People

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    Physical Evidence

    There are always tangible aspects ofthe service product:

    Appearance and condition of facilities

    Hotel rooms

    Restaurants

    The kind of car your lawyer drives???

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    Physical Evidence

    Service products may be difficult to

    appreciate at a later date (unlike goods

    products)

    Service providers often supply tangiblereminders of the service

    T-shirts

    Post cards

    Bath robes

    Other souvenirs

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    Process and Procedure

    Processes often affect the nature of a

    service product more than a goods product

    The more restrictive the process, the more

    likely the customer will be unsatisfied Penalties for late bookings

    Restaurant dress codes

    Rules of conduct

    Hours of use

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    People

    In the purchase of goods products, theattitude or appearance of thepersonnel manufacturing the product

    is of little interest and most likely notapparent (except when Nike or someother company is accused of sweat

    shopping)

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    People

    Other customers purchasing the samegood are encountered only during thepurchase process itself (unlike a

    service productsay a themeparkwhere other customers areencountered continually and maygreatly affect the environment and

    ultimately the satisfaction levels of thatproduct)

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    People

    The consumers own temperament orrecent experiences are much less likelyto affect the performance of a goods

    product

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    Key Terms

    Satisfaction

    Quality

    Value

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    Market Segmentation Magic

    Wal-Mart

    Disney Cruise Lines

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    Wal-Mart

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    Brand Distinction

    Hotels use brands to attract differentaudiences

    Brands may be created within onehotel chain, or a chain may buyanother chain, which gives themadditional brands

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    Brand Distinction

    Until the 1980s, it was often thoughtthat one brand name with many levelswas the best policy

    It was felt that this might confusecustomers

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    Brand Distinction

    During the late 1980s and definitely inthe 1990s, creating new brandsbecome the trend

    Corporate take-over was also a bigtrend of the 1990s

    Each audience could then clearly

    identify with a certain brand andavoid confusion

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    Purina Method

    Own the competition

    Create as many possible variations onyour product as possible to appeal to

    as many different market segments aspossible

    You may even create directly

    competing brands that target thesame market segment

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    Pampers/Luvs

    Both companies are owned by Proctor and

    Gamble

    To increase their shelf space, Proctor and

    Gamble invented Luvs Appealed to slightly different market segment

    Allowed for Proctor and Gamble to dominatethe shelf space (if you want Pampers, you have

    to carry Luvs too) Coke does the same thing

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    Hotels on the Highway

    Marriott

    Grouping different brands toattract new conventionmarkets

    Fills up zoned shelf space athighway exits

    http://www.marriott.com/default.asp?WT_Ref=mi_header
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    Disney/Las Vegas

    Own several resort properties with different

    themes to appeal to different markets

    Own several theme parks to beat out

    competition Movie studios create battles between their

    top films, which gives them more headline

    space in the press

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    Hyatt Regency

    Hyatt Regency and

    Hyatt

    Hyatt

    Hyatt Regency,Grand Hyatt and

    Park Hyatt

    Hyatt sold off lessglamorous hotels

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    Hyatt Regency, Atlanta(The first atrium hotel)

    H

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    Hyatt Regency, SanFrancisco

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    Hyatt Object

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    Hyatt Regency, Dallas

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    Hyatt Regency, Kansas City(Largest structure disaster in terms of human life)

    l

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    Marriott Marquis, Atlanta(Looks more like a Hyatt Kind of like Coke trying to taste like

    Pepsi)

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    Marriott Marquis, Atlanta

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    Marriott

    Marriott Hotels and Resorts

    Marriott Executive Apartments

    Marriott International

    Ritz-Carlton

    Marriott Vacation Club International

    Renaissance Hotels and Resorts

    Residence Inn

    Courtyard

    Town Place Suites

    Spring Hill Suites

    Fairfield Inn

    http://www.marriott.com/default.asp?WT_Ref=mi_header
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    Starwood

    Westin

    W Hotels

    Sheraton Four Points

    St Regis

    Luxury Connection

    http://www.starwood.com/luxury/index.htmlhttp://www.starwood.com/stregis/index.htmlhttp://www.starwood.com/whotels/index.htmlhttp://www.starwood.com/sheraton/index.htmlhttp://www.starwood.com/westin/index.htmlhttp://www.starwood.com/fourpoints/index.html
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    Hilton

    Hilton

    Doubletree

    Embassy Suites

    Conrad Hotels

    Hampton Inn

    Hilton Grand Vacation Club

    Hampton Inn and Suites

    Hilton Garden Inn

    Homewood Suites

    I t C ti t l H t l

    http://www.hilton.com/en/hi/index.jhtml
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    InterContinental HotelsGroup

    InterContinental Hotels and Resorts

    Crowne Plaza Hotels and Resorts

    Holiday Inn Hotels and Resorts Holiday Inn Express

    Holiday Inn Select

    Holiday Inn Garden Court

    Staybridge Suites

    C d t

    http://www.ichotelsgroup.com/h/d/6c/1/en/homehttp://www.ichotelsgroup.com/h/d/6c/1/en/home
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    Cendant(Worlds Largest)

    Ramada Inn (although Ramada

    International is owned by Marriott)

    Super 8 Motels

    Howard Johnsons Days Inn

    Travel Lodge

    AmeriHost Inn Knights Inn

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    Choice

    Quality Inn

    Comfort Inn

    Roadway Inn Comfort Suites

    Sleep Inn

    Clarion

    Econo Lodge

    I t C ti t l H t l

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    InterContinental HotelsGroup

    InterContinental Hotels and Resorts

    Crowne Plaza Hotels and Resorts

    Holiday Inn Hotels and Resorts

    Holiday Inn Express

    Holiday Inn Select

    Holiday Inn Garden Court

    Staybridge Suites

    http://www.ichotelsgroup.com/h/d/6c/1/en/homehttp://www.ichotelsgroup.com/h/d/6c/1/en/home
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    Articles/Websites John Portman (Architect of the Hyatt Regency, Atlanta; Hyatt Regency, San

    Francisco and Marriott Marquis, Atlanta)http://mywebpages.comcast.net/rlinger/Georgia/portman.html

    Hyatt Regency, Kansas City Tragedyhttp://www.glendale-h.schools.nsw.edu.au/faculty_pages/ind_arts_web/bridgeweb/Hyatt_page.htm

    Top 50 Hotel Companieshttp://www.ahla.com/products_info_center_top50.asp

    Hyatt Regency, Atlantahttp://mywebpages.comcast.net/rlinger/Georgia/Atlanta/Downtown/hyatt.html

    Marriott Marquis, Atlantahttp://www.bluffton.edu/~sullivanm/atlanta/portmanmarriott/marriott.html

    http://mywebpages.comcast.net/rlinger/Georgia/portman.htmlhttp://www.glendale-h.schools.nsw.edu.au/faculty_pages/ind_arts_web/bridgeweb/Hyatt_page.htmhttp://www.glendale-h.schools.nsw.edu.au/faculty_pages/ind_arts_web/bridgeweb/Hyatt_page.htmhttp://www.ahla.com/products_info_center_top50.asphttp://mywebpages.comcast.net/rlinger/Georgia/Atlanta/Downtown/hyatt.htmlhttp://www.bluffton.edu/~sullivanm/atlanta/portmanmarriott/marriott.htmlhttp://www.bluffton.edu/~sullivanm/atlanta/portmanmarriott/marriott.htmlhttp://mywebpages.comcast.net/rlinger/Georgia/Atlanta/Downtown/hyatt.htmlhttp://www.ahla.com/products_info_center_top50.asphttp://www.glendale-h.schools.nsw.edu.au/faculty_pages/ind_arts_web/bridgeweb/Hyatt_page.htmhttp://www.glendale-h.schools.nsw.edu.au/faculty_pages/ind_arts_web/bridgeweb/Hyatt_page.htmhttp://www.glendale-h.schools.nsw.edu.au/faculty_pages/ind_arts_web/bridgeweb/Hyatt_page.htmhttp://mywebpages.comcast.net/rlinger/Georgia/portman.html
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    Articles/Websites List of hotel chains and brands

    http://www.hospitalitynet.org/web/Hotel_Chains_&_Brands/page21.html

    Building brand equityhttp://www.hospitalitynet.org/news/4010351.search?query=%22old+logo%22+hyatt

    Rebranding begins at the tophttp://www.hotelsmag.com/0302/0302update.html

    Starwood Hotelshttp://www.starwood.com/

    http://www.hospitalitynet.org/web/Hotel_Chains_&_Brands/page21.htmlhttp://www.hospitalitynet.org/news/4010351.search?query=%22old+logo%22+hyatthttp://www.hotelsmag.com/0302/0302update.htmlhttp://www.starwood.com/http://www.starwood.com/http://www.hotelsmag.com/0302/0302update.htmlhttp://www.hospitalitynet.org/news/4010351.search?query=%22old+logo%22+hyatthttp://www.hospitalitynet.org/web/Hotel_Chains_&_Brands/page21.html