Banyan Tree Case study

Post on 19-Jun-2015

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My homework from my doctoral degree

Transcript of Banyan Tree Case study

Present By NEU - ISBMSarun , Saksit , Nukul , Chamnarn and Kittikul

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Saturday, April 10, 2010

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Beyond a single resort in Thailand, to 52 other locations in 22 other countries today

Saturday, April 10, 2010

Q-- What are the main factors that contributed to Banyan Tree’s success?

Saturday, April 10, 2010

• Founder• Branding• Marketing

Key Factors Behind “SUCCESS”

Saturday, April 10, 2010

FOUNDER

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Mr. HO Kwon Ping

Believe Vision Research Decision

Saturday, April 10, 2010

BRANDING Product Design

Level of Product

Saturday, April 10, 2010

BRANDING Product Design

Saturday, April 10, 2010

BRANDING C S R

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Resorts in developing areas have the potential to be agents of social and economic development.

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1. Sustaining Village Development 2. Conserving Natural & Cultural Resources

Saturday, April 10, 2010

BRANDING C S R

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Supporting Local Business and Create own identity product.

3. Showcasing Ethnic Crafts & Culture 4. Educating & Motivating StakeholdersSaturday, April 10, 2010

BRANDING The StaffAggressive Internal Marketing bring an excellence result by sense of ownership strategy.

Saturday, April 10, 2010

MARKETING niche strategy

managed by international advertising agency

Promoted as “Banyan Tree Experience - Romance and intimate”

Focused on hi - end channel Media

Global Marketing Programs: GDS SYSTEM “BY”

Brand awareness created through Influence Third Party PR

Brand Extension Strategy : 2000 - Angsana / 2003 - Colors of Angsana

Saturday, April 10, 2010

POSITIONING

Expensive

Less expensive

Sporty Romantic

COLORS of

Saturday, April 10, 2010

Q--Evaluate Banyan Tree’s brand positioning and communications strategies. Can Banyan Tree maintain its unique positioning in an increasingly overcrowded resorts market ?

Saturday, April 10, 2010

S-W-O-T Strength

• Lot of Product line

• Founder

• Branding / Brand Image

• Global Distribution System

• Good Ads Agency

Saturday, April 10, 2010

S-W-O-T Weakness

• Slow Management

• Costing Control

• Easy to imitate

• Variability of standard

Saturday, April 10, 2010

S-W-O-T Opportunity

• Market Growth

• Trend of Eco & Healthcare

• Economic Crisis

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Saturday, April 10, 2010

S-W-O-T Threat

• Several of Culture

• High Cost in Europe & US

• Natural Disaster

• Political Situation

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Saturday, April 10, 2010

Q--Discuss whether the brand portfolio of Banyan Tree, Angsana, and Colours of Angsana, as well as the product portfolio of beach resorts and city hotels, spas, galleries, and museum shops fit as a family. What are your recommendations to Banyan Tree for managing these brands and products in future?

Saturday, April 10, 2010

Expensive

Less expensive

Sporty Romantic

COLORS of

Banyan Tree - targeted the higher end of the luxury resorts market

Angsana - more mainstream and contemporary, targeting the wider market

Colours of Angsana - boutique hotels focus on oft adventure tourism segment

Saturday, April 10, 2010

Q--What effect does the practice of corporate social responsibility on brand equity?

Saturday, April 10, 2010

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Saturday, April 10, 2010