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

What are the aims of marketing communications, What are the Aims of marketi...

What are the Aims of marketing communications Aims of this introductory module are to explore some of the concepts associated with marketing communications and to develop an a

What is pricing new products, What is pricing new products? Pricing n...

What is pricing new products? Pricing new products: The more new products are unique and take an innovative solution to the satisfaction of a requirement the more delegat

Advesrtisi, Define and explain these concepts (reach and frequency).

Define and explain these concepts (reach and frequency).

What are the ways devised in competition by theodore levitt, What are the w...

What are the ways devised in competition by Theodore Levitt? Several of the ways devised in words of Theodore Levitt to outsmart the competition are as: a. Be a customer led

Market defense, Market Defense  is the strategic actions that try to minim...

Market Defense  is the strategic actions that try to minimize or deter threatening activities by existing or potential competitors. Strategic moves can deter all or a few of the p

Explain the role of direct marketing, Q. Explain the Role of direct marketi...

Q. Explain the Role of direct marketing? Role of direct marketing:- a) Focus is on literate customer. b) For service marketing like insurance, Banking, telecommunication.

Definition of product according to william j. stanton, Definition of produc...

Definition of product according to William J. Stanton "Product is a set of intangible and tangible attributes including packaging, price, colour, manufacturer' s prestige, reta

Roles of peoples in the purchase decision procedure, What are the roles of ...

What are the roles of peoples who participating in the purchase decision procedure? The roles of peoples who participating in the purchase decision procedure is as follows:

What are physical distribution firms, What are physical distribution firms?...

What are physical distribution firms? Physical distribution firms: Transportation, warehouse and other firms which help a company to stock and move goods by their point

Explain about the individual customer marketing, Explain about the Individu...

Explain about the Individual Customer Marketing. Individual Customer Marketing: As a marketers detects as several segments as there are consumers then each segment is com

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