Development of marketing
concepts & process
In
this section, it is discussed about the development of marketing concept or premier
inn hotel in UK because it is the strongest and valuable hotel in UK as well as
the discussion is important because Covid-19 has affected the busines of
premier hotels in UK.The report is evaluating and explaining the role of
marketing and it is also discussed how it interrelates with other functional
units. The premier inn hotels are playing several roles and responsibilities to
promote business of the hotels. According to marketing concepts, every company
and business in the world need to perform marketing activities for growth of
the business. For the development of marketing concept and marketing process,
the management of the premier inn hotels focus on marketing concepts by
selecting market segments and targeting the audience based on their interests. Furthermore,
the marketing concept is based on the right principle. The concept of the
marketing of the premier inn hotels is the use of marketing data to analyze the
customers or targeted audience needs and wants to develop the marketing
strategies which satisfy their customer needs but also achieving the goals of
the organization.
The
promotion is very significant part of marketing mix of the of the premier inn
hospital. The promotion is the completely about the communication through
premier inn hotels promotion and their services to the customers. The premier
inn hotels have two types of promotion methodswhich are above line promotion
and below line promotion. In the marketing concepts and process, the main
objectives of the premier inn hotels are the engagement of the customers and
targeted audience with the hotels,update or improve the customer experience in
the context of booking rooms, organizing current booking in the hotel as well
asincrease the availability of the service to the targeted customers with the
use of their smartphones and their platform. The management of the premier inn
hotels is majorly focusing on the objectives (Ghandour, Jebai, & Hussain,
2017).
Furthermore, management of premier inn hotels is also focusing to increase the
sales of hotel services and the most important objectives of the management to
increase the sales of services to are provided below.
The management is the focusing the
to:
·
Build up the trust of the customers on the
hotels services and management as well as sustain the position of hotels in the
targeted market
·
Starting awareness campaigns about the services
of the hotels into the target market to increase the familiarity of the
customers with the service and products offered by hotels
·
Enhance the popularity of the hotels, its
services and products to increase the sales through creating desires into the
target market to come to take a visit and book rooms for staying during their
trips, vacations s well as other purposes
·
Promote the hotel services and products to
increase the sales and earn more profit to hold high market share and achieve
competitive advantage into the targeted market
·
Making the busines of the premier inn hotels
more profitable by introducing attractive offers as well as introducing
valuable services for the customers
·
Provide high quality service as well as comfort
in the limited budget or by introducing attractive prices to have the service
for the customers
Explain the key roles and responsibilities
The
premier inn hotels have several types of important roles and responsibilities
to increase the busines of the organization as well as make the organization’s
business more profitable to hold the high market share. The management or the
marketing team of the hotels have some key roles and responsibilities to
increase the popularity of the business as well as increase the growth. The
first responsibility of the marketing team is to perform or make the market
orientation of the premier hotels in which the marketing head and other
marketing staffs focus on the setting of product and services through
researching on the target audience and market to determine their key interests
as well as their life styles. After that they focus to develop an effective
process to market their products, services as well as additional services to
attract the potential buyers. The market orientation is completely based on the
customer oriented.
The
marketing team of the premier inn hotels in UK is also focusing on the
economies of scale, process. The organizationis very conservative and serious
about the quality of the services which will be offered to the customers
visiting hotels and staying. The inspection team and product quality managers
strictly focus to maintain the product and service quality to attract the
customers to increase the profit of the hotels in UK.
On
the other side, the marketing team of the premier inn hotels is playing very
important role to set the market segment. The segmentation of market for
premier inn hotels help to divide the total market as well as determine the
needs of the subgroups. Furthermore, the segmentation of the market is the very
first step which is taken at the time of marketing process engagement in which they
also focus on the production of product and ensure the availability of service
to meet the customers’ needs and wants (Bower, 2018).
The
marketing team of premier inn hotels is also responsible for the market
positioning of the service of hotel because every marketplace varies and
differs from each other. It is because, the product or service cannot be successful
without positioning of market. So, after positioning of market, the marketing
team have to offer their hotel products and service. By performing these
actions, roles and responsibilities, the premier inn hotels will easily hold
the competitive advantage and increase the profitability of the service.
significance of interrelationships
between marketing and other functional units
In
this section, it is discussed about the significance among the
interrelationship and marketing and other units.The marketing of the services
offered by the premier inn hotels are strongly connected with the multiple
functional units of the busines. If the marketing will not be performed effectively,
the sales will not be enhanced. The traveling and financing of hotels are also
directly linked with marketing strategies of hotel in which the organization
will become aware of its supply chain and sales.
Criticallyanalyses the key
elements of the marketing function
There
are seven marketing functions which can be very important for the busines of
the premier inn hotels. The seven elements of the marketing functions are given
and discussed below for the premier inn hotels in UK. The functions of
marketing are: product/service management, pricing, distribution or offering of
services, promotion, financing, marketing information service, as well as
selling.
The
hotel management is effectively managing their products and then apply the attractive
prices on the service. After performing these actions, the marketing teams make
the promotional strategies to promote the services of hotel to their potential
customers. Every service and customer detail will be saved into MIS which is
used to the make new marketing strategies to sell the products and the
services. These are main functions of the marketing which are also used for the
premier inn hotels (Schramm-Klein & Morschett,
2006).
Learning Outcome 2: Compare ways in which hospitality use
elements of the marketing mix (7Ps) to achieve overall business objectives
Marketing mix in the Premier Inn hotels in UK
In the marketing Mix Project,
Premier Inn hotels decided to get a project that is covering all the activities
and functions of the hotels that are made to achieve organization goals and to
get activity according to plan and provide flexible attainment of the
objectives and goals. The role of marketing plan and strategies are necessary
to done efficiently and effectively to get the purpose of projected with the
budget that it could be choose for right decision making to get right revenue
from the project. Marketing mix is based on 7 P's that are explained in the
following:
·
People: Marketing mix is arranged for the
right people to get the capacity of the peoples to involve in the project. It
is a fundamental element in the management of for hospitality and the hotels it
to get right skills and talented people who are sufficient to serve the people.
It is done for the purpose of this mostly runoff, hotels business and to
allocate the resources in better arrangement. Experienced and talented people
could handle the customers rightly and the staff duties could be arranged
properly according to the delegation of authorities that could avoid the
conflicts and confusion in the market work.
·
Price: Premier Inn hotels have planned
best pricing strategies to make sure that they are gaining good profit margin
against their services that are provided by them. They’re required to know
about the entire cost that are implemented on the operations and revenue that
is generated from all the activities. There is a proper budgeting that is used
to plan and enables the optimum utilization of resources to get effective
pricing strategies. Hotel is involving the different activities and strategies
of prices such as cost based pricing value based pricing, competitive pricing
and Premier pricing. The basic purpose of a Premier Inn Hotel is to get right
pricing methods to achieve the better position in the competitors and to gain
competitive advantage.
·
Place: The location of services and this
production is better in the business success. Premier Inn Hotel placed in the
ideal location of UK and serving the customers who are just coming from
different areas. The location of the hotel is impacting on the attendance of
customers are on and there personality to travel from different areas. These
factors are important to consider in the logistics, audience and safety and
security of the customers.
·
Public relations: There is an ex expect
of marketing list that is based on advertisement and creating relation with the
public. Edit easement is basic component that could create relation with public
directly. This is compatible strategy that is creating positive public
relations to contribute in them business development. Therefore, Premier inn
hotels are keeping public relation to ensure that there are customers who want
to reach they are acquiring it.
·
Positioning: There must be properly
positioned products that are presented to the market for sale. In the
hospitality industry, it is crucial marketing strategy that is required by
hotel management to get to the customers desired and to improve their
competitiveness in the market. Market plan must be according to the business
success and should be absorbed. It should absorb the failure of the business.
It could increase the investment in the basic agenda of the investment and
avoid the excess cost of business that could affect marketing plan.
·
Promotion: Promotion plays a vital role
in the development of hospitality and Hotel management to create their
arrangement for the events. Now, in the world of digitalization it has their
different companies to get advertisement platform and social media channel to
assess the customers and these proportional strategies are helpful to improve
the business sale according to the customer desire. It helped to gain the
requirements of business of customer and to attract the customers to shift
their demand towards that company.
·
Product: Product is a basic element that
is used to trade between the customers and other peoples to get revenue for the
business. Product should be according to the demographic distribution of their
customers and two could be created according to the demand that is representing
the customers were leaving around the location of business. Product must have
the Cooper characteristics and capabilities that a customer could ready to pay
a price for this product could be tangible or intangible, or in the form of the
services that could be presented to their customers against some revenue (Salman, Tawfik, Samy, & Artal-Tur., 2017).
The 7 P’s order to helpful to give
a marketing mix plan for any company in this task we are discussing marketing
mix plan offer Premier Inn Hotel in the UK which is based on UK and serving the
customer according to the requirement of different regions. The hotel is
working for the hospitality and services purpose and serving different
customers according to the requirement. Marketing makes plan of any business
must be efficient and effective that it could be able to attract the customers
to try the business and it could increase the relationship with the business.
The Seven P’s are helpful to show the base of business and about the foundation
of business that are able to get to competitive advantage in the market.
Learning Outcome 3: Develop a basic marketing plan to meet
marketing objectives for a hospitality premier inn hotels
The business is always used to make
effective and long-term plan to achieve the competitive advantage in the
business market and formulated proper conditions for the marketing of business.
Strategic plan for Premier Inn Hotel is visionary on the pacing of long-term
objective. It explained that all the employees of the business are working
together to get the common goals.
Operating planning of Premier Inn
Hotel is based on the executive management and the incorporation of the
composed events that is required by management to give effective ideas about
the business promotion. It has truly estimated the plans and arrangement of the
empowerment of assets and reliability of the business (Willy & Chen, 2016).
The management is a critical job to men’s all the resources of the business and
achieves competitive advantage in the business. It shows the perspective of a
business management and organizations worker who are working for the different
kinds of objectives at a single platform. Organizations which are looking
forward to get the management suited for the objectives also built a different
promotion of work procedures that are required to get a guarantee of
Management. The requirement of the organization is based on greater exercise,
that is, learn to achieve the goal of the organization and digitalization of
the organization.
Objectives and goals of Premier
Inn Hotel
The objectives of the Premier Inn
Hotel are recognized as basic strap to that order going towards mission and vision
statements of the hotel. These are helpful for the business to get learn about
the delivery of the business and to focus on the services that are provided by
the hotel to their customers the business planning strategies are already
prepared. It is easy for the business to implement marketing activities in the
business and to gain success in the business. It also helpful to gain
sustainable competitive advantage and competitors in the customer’s
perspective. These techniques are identified as business exercise and wide
range of business strategies that are used to implement product different
session (Barrows & Powers., 2008).
The significant introduction about
the goals and objectives of business are based on the events that are made to
fruitful business output. The inspiration behind the customers and service and
assess all customers on the reliability of company is based on the innovation
that is utilized by the hotel to contact with the customers and to fulfill the
results of customers. The events are arranged beautifully by the hotel and it
is adding value in the business of the hotel and to gain comparative better
standards in the market. Furthermore, it is also dealing with the critical
field of view changing and innovation that is fluctuating different kinds of
procedures in the business market. There are also promoting activities of event
management and organizations that are different from the others and it helps to
explain the perspective that is going to running on for long term and getting
strategic benefit for the company. These goals are simple and effective for the
business plan anted. These techniques are showing marketing strength of a
business achievement.
SWOT analysis: SWOT analysis is helpful to understanding the
strength, weakness and opportunities, as well as the threat of representing of
different kind of aspect of organization. SW is related with the qualities and
limitations of the organization that give information about the positive perspective
of business. While OT represent the danger and the consciousness of business
for these areas of interest both are circles with the arranging of basic
leadership style. It is assumed to get extraordinary job in the hospitality
management that comes with the better image of business. It further help to
implement effective strategies and corporate with empowerment of business. This
is basic component in the business that is required by the skills and
activities of the business to privilege the finishing task of hospitality. It
is required to design better methodologies and techniques will to get better
opportunity to arrange for better service of the company. The marketing budget
is also created as are important thing that is instantly to fulfill the requirements
of the customer and the conducting the activities. It is a proper budget for
setting aforementioned strategies for the implementation of better ideas in the
optimum utilization of resources. It also happened with the better pricing of
competitors and customer increasing the customers as well as profit increment.
The covid-19 is affecting the
business performance of the business as it is becoming the reason of the
reduction in the tourist system. It also reducing the revenue of the
hospitality industry as people is not moving around the world for tourism. As
all the business are affected by the covid-19 hospitality industry also
impacting (Schmidgall., 2002)
References COVID-19 Affecting
Business
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