Banyan Tree Case study

21
Present By NEU - ISBM Sarun , Saksit , Nukul , Chamnarn and Kittikul Saturday, April 10, 2010

description

My homework from my doctoral degree

Transcript of Banyan Tree Case study

Page 1: Banyan Tree Case study

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

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

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

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• Founder• Branding• Marketing

Key Factors Behind “SUCCESS”

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FOUNDER

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Mr. HO Kwon Ping

Believe Vision Research Decision

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BRANDING Product Design

Level of Product

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BRANDING Product Design

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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

Page 9: Banyan Tree Case study

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

Page 10: Banyan Tree Case study

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

Saturday, April 10, 2010

Page 11: Banyan Tree Case study

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

Page 12: Banyan Tree Case study

POSITIONING

Expensive

Less expensive

Sporty Romantic

COLORS of

Saturday, April 10, 2010

Page 13: Banyan Tree Case study

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

Page 14: Banyan Tree Case study

S-W-O-T Strength

• Lot of Product line

• Founder

• Branding / Brand Image

• Global Distribution System

• Good Ads Agency

Saturday, April 10, 2010

Page 15: Banyan Tree Case study

S-W-O-T Weakness

• Slow Management

• Costing Control

• Easy to imitate

• Variability of standard

Saturday, April 10, 2010

Page 16: Banyan Tree Case study

S-W-O-T Opportunity

• Market Growth

• Trend of Eco & Healthcare

• Economic Crisis

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Saturday, April 10, 2010

Page 17: Banyan Tree Case study

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

Page 18: Banyan Tree Case study

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

Page 19: Banyan Tree Case study

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

Page 20: Banyan Tree Case study

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

Saturday, April 10, 2010

Page 21: Banyan Tree Case study

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