Mix1
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The document discusses the marketing mix, which comprises the key elements used by organizations in the travel and tourism industry to meet their marketing objectives. Specifically, it outlines the five elements of the marketing mix: planning, product, price, promotion, and place. Planning involves using mission statements to set objectives. Product refers to the service offered, its characteristics, branding, and unique selling points. Price considers how price meets objectives and responds to market changes.
Mix1
- 1. http://www.bized.ac.uk Copyright 2005 Biz/ed The Marketing Mix in Travel and Tourism 1 BTEC Travel and Tourism
- 2. http://www.bized.ac.uk Copyright 2005 Biz/ed What is the Marketing Mix? Marketing Mix is a term describing the key elements used by an organisation to help it meet its marketing objectives In travel and tourism we think of the mix as comprising the following:
- 3. http://www.bized.ac.uk Copyright 2005 Biz/ed Elements of the Marketing Mix Planning Product Price Promotion Place
- 4. http://www.bized.ac.uk Copyright 2005 Biz/ed Planning Using Mission Statements to set objectives such as: profit targets competing with other facilities increasing market share entering new markets
- 5. http://www.bized.ac.uk Copyright 2005 Biz/ed Product the product or service offered to customers its characteristics the niche(s) occupied by the product or service how the product is branded its USPs (Unique Selling Points)
- 6. http://www.bized.ac.uk Copyright 2005 Biz/ed Price how price is used to meet the facilitys overall objectives the ability of the facility to change prices to reflect market changes the impact of competitors on the price of the service
- 7. http://www.bized.ac.uk Copyright 2005 Biz/ed What Now? Go to the Activity that accompanies this Presentation to find out more about how the marketing mix is used in a facility involved in special interest tourism