Marketing Mix of the Hotel Industry
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Transcript of Marketing Mix of the Hotel Industry
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Marketing mix of the Hotel Industry
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Definition of marketing mix
“ A marketing mix is the mixture of controllable marketing variables that the firm uses to pursue the sought level of sales in the target market”
- Philip Kotler
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SERVICE PRODUCT
Difference between marketing mix of
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Product
Product mix of a hotel will typically include:ReceptionBoardingLodgingShoppingPersonal CareCommunication and transport
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Place
Various means by which hotels and their customers can be bought together are:Direct individual salesDirect group salesTravel agents
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Promotion
Promotion mix of the hotel includes:AdvertisementPublicitySales promotionWord of mouth
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Price
Factors that influence in fixing hotel tariffs:Perishable in natureSeasonal fluctuation in demandIncreasing intensity in competitionThe price mix also includes fixing the price for food and beverages
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Extended Marketing Mix
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Physical Environment
It answers the question “Where will customers see your product?”.This marketing mix addresses the tangible
components of the service experience It includes the ambience and the physical
layout of the hotelCustomers judge based on the appearance of
the hotel and staff.
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People
“First impression is the last impression”Personnel servicing the hotel.Prime focus on front-line personnel working
within the hotel in different capacitiesBell boys, laundry servicemen, butlers, room
services, chauffers, managers, etc
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Process
Process answers the question “ How will you deliver guest satisfaction?”Flow of activitiesNumber of stepsLevel of customer involvement