Produce an initial marketing strategy , Marketing Management

Assignment Help:

Question 1

Read the CASE STUDY 'Selling the idea' below and then do the following.

Produce an initial marketing strategy to develop appropriate geographic areas into target destinations suitable for Enviro Tours Ltd (ETL) tours focussing on Product, Place and Promotion. The marketing strategy should also include your reasoning; and justification for any recommendations. For a selected area that meets your criteria for ETL, define how you would select suitable target group(s) and how you would persuade them to rethink their environments (e.g. local facilities) and businesses in light of opportunities offered by ETL.

CASE STUDY - Selling the idea

Concerns about the impacts of climate change, plus escalating fuel costs and potential shortages, have stimulated Enviro Tours Ltd (ETL) to devise strategies that are contrary to many conventional approaches. ETL organises tours using other groups' facilities such as ports and cruise ships and, going by enquiries, ETL's offering appears to be achieving a ready and growing market. Tour concepts such as UrbanEscape are increasing in popularity as city dwellers seek a complete change from high density living and fast moving industry. According to ETL's research, the main constraint to growth is that relatively few areas of the world are organised to deliver the right kinds of experiences to visitors, and of those, many are already saturated with visitors. ETL now wishes to expand its areas of operations by helping selected local areas to reduce their costs and increase their attractiveness with a 'local production and local consumption' model that builds local jobs and resilience of communities. ETL believes that such a model will cut dependency on global supply chains and facilitate the production of organic 'boutique' produce, restaurants, places to stay and natural rural experiences. The result should be an increasing number of areas that can be visited by ETL where visitors can experience many organic and natural foods and wines in ways that support ETL's motto of 'We show, we care'.

Question 2

"Marketing is the study and practice of how profitable trade works"

Discuss the above statement and provide examples to support your ideas.

Question 3

What marketing considerations are applicable when major service providers are setting prices? Give examples using a service provider of your choice and justify any conclusions and/or recommendations that you would have.


Related Discussions:- Produce an initial marketing strategy

#title.marketing mix., Solving Customer Problems in Ways They Never Imagine...

Solving Customer Problems in Ways They Never Imagined

Area, formula for the calculation of the area of equilateral triangle

formula for the calculation of the area of equilateral triangle

What is product strategy development, What is Product Strategy Development?...

What is Product Strategy Development? Product Strategy Development: Based onto corporate goals and strategy. The corporate function for new product is found. The external

Explain words of schiffman and kanuk for market segmentation, Explain about...

Explain about the words of Schiffman and Kanuk about Market Segmentation. In wordings of Schiffman and Kanuk as, “This is the process of dividing a market within distinct s

Explain the term- fast-moving consumer goods, Explain the term- fast-moving...

Explain the term- fast-moving consumer goods Marketing communications which are undertaken by organisations within these systems can be regarded as a series of communication ep

Buying and assembling in marketing, What is the function of exchange in buy...

What is the function of exchange in buying and assembling of marketing? Buying and Assembling in Marketing: Procurement of raw materials, finished or semi-finished product

Market segmentation, the ways in which the concept of segmentation, targeti...

the ways in which the concept of segmentation, targeting and positioning would be applied in improving profitability

Teapack spezialmachine, how would you forecast worldwide demand for tea bag...

how would you forecast worldwide demand for tea bag machine

Importance of marketing to the firm, Importance of marketing to the firm: ...

Importance of marketing to the firm: Marketing plays an important role for the well being of a firm. This is evident from the following words of the Peter F. Ducker, "Marketing

Financial plan, The financial plan consists of a 12-month profit and loss p...

The financial plan consists of a 12-month profit and loss projection, a four-year profit and loss projection (optional), a projected balance sheet, a cash flow projection and a bre

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd