Cover image for Marketing for hospitality and tourism / Philip Kotler [and 3 others].
Marketing for hospitality and tourism / Philip Kotler [and 3 others].
ISBN:
9780134151922
Title:
Marketing for hospitality and tourism / Philip Kotler [and 3 others].
Author:
Kotler, Philip, author.
Edition:
Seventh edition.
Physical Description:
xxii, 658 pages : colour illustrations ; 29 cm.
General Note:
Includes index.
Contents:
Machine generated contents note: 1.Introduction: Marketing For Hospitality And Tourism -- Your Passport To Success -- Customer Orientation -- What Is Hospitality And Tourism Marketing? -- Marketing In The Hospitality Industry -- Importance Of Marketing -- Tourism Marketing -- Definition Of Marketing -- The Marketing Process -- Understanding The Marketplace And Customer Needs -- Customer Needs, Wants, And Demands -- Market Offerings: Tangible Products, Services, And Experiences -- Customer Value And Satisfaction -- Exchanges And Relationships -- Markets -- Designing Customer Value-Driven Marketing Strategy -- Selecting Customers To Serve -- Marketing Highlight: Jet Blue Delights Its Customers -- Marketing Management Orientations -- Preparing An Integrated Marketing Plan -- Building Customer Relationships -- Customer Relationship Management -- Engaging Customers -- Partner Relationship Management -- Capturing Value From Customers -- Customer Loyalty And Retention --

Contents note continued: Growing Share Of Customer -- Building Customer Equity -- What Is Customer Equity? -- Building The Right Relationships With The Right Customers -- The Changing Marketing Landscape -- The Digital Age: Online, Mobile, And Social Media Marketing -- The Changing Economic Environment -- Rapid Globalization -- Sustainable Marketing-the Call For More Environmental And Social Responsibility -- Co-Creation -- The Sharing Economy -- Marketing's Future -- Chapter Review -- Discussion Questions -- Experiential Exercises -- Internet Exercises -- References -- 2.Service Characteristics Of Hospitality And Tourism Marketing -- The Service Culture -- Characteristics Of Service Marketing -- Intangibility -- Physical Evidence -- Inseparability -- Variability -- Perishability -- Service Management Concepts For The Hospitality Industry -- The Service Profit Chain -- Three Types Of Marketing -- Management Strategies For Service Businesses -- Managing Service Differentiation --

Contents note continued: Managing Service Quality -- Marketing Highlight: Jetblue, Southwest, And Cirque Du Soleil Provide Three Examples Of Service Differentiation -- Managing Service Productivity -- Resolving Customer Complaints -- Marketing Highlight: Recommendations For Improving Service Quality -- Managing Employees As Part Of The Product -- Managing Perceived Risk -- Managing Capacity And Demand -- Chapter Review -- Discussion Questions -- Experiential Exercises -- Internet Exercises -- References -- 3.The Role Of Marketing In Strategic Planning -- Nature Of High-Performance Business -- Stakeholders -- Processes -- Resources -- Organization -- Corporate Strategic Planning: Defining Marketing's Role -- Defining The Corporate Mission -- Setting Company Objectives And Goals -- Designing The Business Portfolio -- Marketing Highlight: Starbucks Coffee: Where Growth Is Really Perking -- Planning Marketing: Partnering To Build Customer Relationships --

Contents note continued: Partnering With Other Company Departments -- Partnering With Others In The Marketing System -- Marketing Strategy And The Marketing Mix -- Customer Value-Driven Marketing Strategy -- Developing An Integrated Marketing Mix -- Managing The Marketing Effort -- Marketing Analysis -- Goal Formulation -- Marketing Planning -- Implementation -- Feedback And Control -- Measuring And Managing Return On Marketing Investment -- Chapter Review -- Discussion Questions -- Experiential Exercises -- Internet Exercises -- References -- 4.The Marketing Environment -- The Company's Microenvironment -- The Company -- Existing Competitors -- Suppliers -- Marketing Intermediaries -- Customers -- Publics -- The Company's Macroenvironment -- Competitors -- Marketing Highlight: Visit Indy[—]destination Digital Marketing -- Demographic Environment -- The Changing American Family -- Economic Environment -- Natural Environment -- Technological Environment --

Contents note continued: Political Environment -- Cultural Environment -- Linked Environmental Factors -- Responding To The Marketing Environment -- Environmental Scanning -- Chapter Review -- Discussion Questions -- Experiential Exercises -- Internet Exercises -- References -- 5.Managing Customer Information To Gain Customer Insights -- Marketing Information And Customer Insights -- Marketing Information And Today's "Big Data" -- Managing Marketing Information -- The Marketing Information System -- Assessing Information Needs -- Developing Marketing Information -- Marketing Research -- Defining The Problem And Research Objectives -- Developing The Research Plan -- Marketing Highlight: Ethnographic Research: Watching What Consumers Really Do -- Marketing Highlight: ZMET: Getting Into The Heads Of Consumers -- Marketing Highlight: Pros And Cons Of Online Research -- Marketing Highlight: A "Questionable" Questionnaire -- Implementing The Research Plan --

Contents note continued: Interpreting And Reporting The Findings -- Marketing Highlight: Research Problem Areas -- Marketing Highlight: HSMAI's Knowledge Center: A Great Source Of Marketing Information -- International Marketing Research -- Marketing Research In Smaller Organizations -- Chapter Review -- Discussion Questions -- Experiential Exercises -- Internet Exercises -- References -- 6.Consumer Markets And Consumer Buying Behavior -- A Model Of Consumer Behavior -- Personal Characteristics Affecting Consumer Behavior -- Cultural Factors -- Social Factors -- Personal Factors -- Psychological Factors -- Marketing Highlight: Sensory Marketing-A Powerful Tool For Hospitality Businesses -- The Buyer Decision Process -- Need Recognition -- Information Search -- Evaluation Of Alternatives -- Purchase Decision -- Postpurchase Behavior -- Marketing Highlight: Unique Aspects Of Hospitality And Travel Consumers -- Chapter Review -- Discussion Questions -- Experiential Exercise --

Contents note continued: Internet Exercises -- References -- 7.Organizational Buyer Behavior -- The Organizational Buying Process -- Market Structure And Demand -- Types Of Decisions And The Decision Process -- Participants In The Organizational Buying Process -- Special Importance Of International Companies -- Major Influences On Organizational Buyers -- Environmental Factors -- Organizational Factors -- Interpersonal Factors -- Individual Factors -- Organizational Buying Decisions -- 1.Problem Recognition -- 2.General Need Description -- 3.Product Specification -- 4.Supplier Search -- 5.Proposal Solicitations -- 6.Supplier Selection -- 7.Order-Routine Specification -- 8.Performance Review -- Group Markets -- Conventions -- Convention Bureaus -- Association Meetings -- Corporate Meetings -- Retreats -- Small Groups -- Incentive Travel -- SMERFs -- Marketing Highlight: Green Meetings[—]the Right Thing To Do For The Environment And Business --

Contents note continued: Segmentation Of Group Markets By Purpose Of The Meeting -- Restaurants As A Meeting Venue -- Dealing With Meeting Planners -- Career Opportunities -- The Corporate Account And Corporate Travel Manager -- Wedding Planners -- Other Planners -- Chapter Review -- Discussion Questions -- Experiential Exercise -- Internet Exercise -- References -- 8.Customer-Driven Marketing Strategy: Creating Value For Target Customers -- Markets -- Market Segmentation -- Geographic Segmentation -- Demographic Segmentation -- Marketing Highlight: Targeting Families By Targeting Kids -- Income Segmentation -- Psychographic Segmentation -- Marketing Highlight: W Hotels: A Lifestyle Hotel -- Behavioral Segmentation -- Marketing Highlight: The Vfr Traveler Segment -- Using Multiple Segmentation Bases -- Requirements For Effective Segmentation -- Market Targeting -- Evaluating Market Segments -- Selecting Market Segments -- Choosing A Market-Coverage Strategy --

Contents note continued: Market Positioning -- Positioning Strategies -- Choosing And Implementing A Positioning Strategy -- Differentiating Competitive Advantages -- Choosing The Right Competitive Advantages -- Selecting An Overall Positioning Strategy -- Communicating And Delivering The Chosen Position -- Positioning Measurement: Perceptual Mapping -- Chapter Review -- Discussion Questions -- Experiential Exercise -- Internet Exercise -- References -- 9.Designing and Managing Products and Brands: Building Customer Value -- What Is A Product? -- Product Levels -- Core Products -- Facilitating Products -- Supporting Products -- Augmented Product -- Branding Strategy -- Building Strong Brands -- Brand Equity -- Brand Positioning -- Brand Name Selection -- Leveraging Brands -- Brand Portfolios -- Marketing Highlight: Extending Your Brand To China: What Name Do You Use? -- Managing Brands -- The New-Product Development -- Idea Generation -- Idea Screening --

Contents note continued: Concept Development And Testing -- Marketing Strategy -- Business Analysis -- Product Development -- Test Marketing -- Commercialization -- Product Development Through Acquisition -- Product Life-Cycle Strategies -- Introduction Stage -- Growth Stage -- Maturity Stage -- Decline Stage -- Product Deletion -- International Product And Service Marketing -- Chapter Review -- Discussion Questions -- Experiential Exercises -- Internet Exercise -- References -- 10.Internal Marketing -- Internal Marketing -- Post Face-To-Face Guest Relations -- Marketing Highlight: Pinehurst Resort & Country Club "Do What's Right" -- The Internal Marketing Process -- Establishment Of A Service Culture -- Weak Service Culture Compared To A Strong Service Culture -- Development Of A Marketing Approach To Human Resources Management -- Dissemination Of Marketing Information To Employees -- Marketing Highlight: Internal Marketing In Action: Lewis Hotels --

Contents note continued: Employee Involvement In Uniform Selection -- Chapter Review -- Discussion Questions -- Experiential Exercises -- Internet Exercise -- References -- 11.Pricing: Understanding and Capturing Customer Value -- Price -- Factors To Consider When Setting Prices -- Internal Factors Affecting Pricing Decisions -- External Factors Affecting Pricing Decisions -- Competitors' Prices And Offers -- General Pricing Approaches -- Cost-Based Pricing -- Break-Even Analysis And Target Profit Pricing -- Value-Based Pricing -- Competition-Based Pricing -- Pricing Strategies -- New-Product Pricing Strategies -- Existing-Product Pricing Strategies -- Revenue Management -- Marketing Highlight: Segmented Pricing: The Right Product To The Right Customer At The Right Time For The Right Price -- Dynamic Pricing -- Bar Pricing -- Rate Parity -- Nonuse Of Revenue Management -- Overbooking -- Psychological Pricing -- Price Endings -- Promotional Pricing --

Contents note continued: Value Pricing[—]low Price Approach -- Marketing Highlight: Ryanair Uses Value Pricing To Attract Customers And Gains Revenue From Extra Sales -- Price Changes -- Initiating Price Changes -- Responding To Price Changes -- Chapter Review -- Discussion Questions -- Experiential Exercise -- Internet Exercise -- References -- 12.Distribution Channels Delivering Customer Value -- Supply Chains And The Value Delivery Network -- Nature And Importance Of Distribution Systems -- Nature Of Distribution Channels -- Why Are Marketing Intermediaries Used? -- Distribution Channel Functions -- Number Of Channel Levels -- Hospitality Distribution Channels -- Major Hospitality Distribution Channels -- Direct Booking -- Online Travel Agency -- Global Distribution Systems -- Travel Agents -- Travel Wholesalers And Tour Operators -- Specialists: Tour Brokers, Motivational Houses, And Junket Reps -- Hotel Representatives -- National, State, And Local Tourist Agencies --

Contents note continued: Consortia And Reservation Systems -- Distribution Systems In The Sharing Economy -- Restaurant Distribution Channels -- Channel Behavior And The Organization -- Channel Behavior -- Selecting Channel Members -- Customer Needs -- Marketing Highlight: Restaurant Franchising -- Attracting Channel Members -- Evaluating Major Channel Alternatives -- Responsibilities Of Channel Members And Suppliers -- Business Location -- Chapter Review -- Discussion Questions -- Experiential Exercises -- Internet Exercises -- References -- 13.Engaging Customers and Communicating Customer Value and Advertising -- The Promotion Mix -- Integrated Marketing Communications -- The New Marketing Communications Model -- The Need For Integrated Marketing Communications -- A View Of The Communication Process -- Steps In Developing Effective Communications -- Identifying The Target Audience -- Determining The Communication Objective -- Designing The Message --

Contents note continued: Selecting Communication Channels -- Marketing Highlight: Thank You[—]a Great Personal Communication -- Selecting The Message Source -- Collecting Feedback -- Setting The Total Promotion Budget And Mix -- Setting The Total Promotional Budget -- Shaping The Overall Promotion Mix -- The Nature Of Each Promotion Tool -- Promotion Mix Strategies -- Advertising -- Major Decisions In Advertising -- Setting The Objectives -- Setting The Advertising Budget -- Developing Advertising Strategy -- Creating The Advertising Message -- Selecting Advertising Media -- Evaluating Advertising Effectiveness And The Return On Advertising Investment -- Chapter Review -- Discussion Questions -- Experiential Exercises -- Internet Exercise -- References -- 14.Promoting Products: Public Relations And Sales Promotions -- Public Relations -- Social Media -- Major Activities Of Pr Departments -- Press Relations -- Product Publicity -- New Products -- Corporate Communication --

Contents note continued: Lobbying -- Counseling -- Marketing Highlight: Extreme Sports Bring Publicity And Tourists -- Publicity -- The Public Relations Process -- Research -- Establishing Marketing Objectives -- Specific Objectives Should Be Set For Every Pr Campaign -- Defining The Target Audience -- Choosing The Pr Message And Vehicles -- Public Services Activities -- Implementing The Marketing Pr Plan -- Evaluating Pr Results -- Overwhelming Negative Publicity -- Pr Opportunities For The Hospitality Industry -- Individual Properties -- Build Pr Around The Owner/operator -- Build Pr Around A Product Or Service -- Crisis Management -- Marketing Highlight: Cheshire's Best Kept Stations, Cheshire, United Kingdom -- Sales Promotion -- Setting Sales Promotion Objectives -- Consumer Promotion Tools -- Finding Creative Ideas -- Developing The Sales Promotion Program -- Pretesting And Implementing The Plan -- Evaluating The Results -- Local Area Marketing (Neighborhood Marketing) --

Contents note continued: Chapter Review -- Discussion Questions -- Experiential Exercise -- Internet Exercise -- References -- 15.Professional Sales -- Results -- Management Of Professional Sales -- Nature Of Hospitality Sales -- Competitive Analysis And Competitive Sets -- Sales Force Objectives -- Sales Volume -- Upselling And Second-Chance Selling -- Market Share Or Market Penetration -- Product-Specific Objectives -- Sales Force Structure And Size -- Territorial-Structured Sales Force -- Market-Segment-Structured Sales Force -- Market-Channel-Structured Sales Force -- Customer-Structured Sales Force -- Combination-Structured Sales Force -- Sales Force Size -- Organizing The Sales Department -- Inside Sales Force -- Field Sales Force -- Team Sales -- Relationship Marketing And Strategic Alliances -- Recruiting And Training A Professional Sales Force -- Importance Of Careful Selection -- Establishing A Profile Of Desired Characteristics Matching The Corporate Culture --

Contents note continued: Matching Career Acquisitions With Corporate Objectives -- Sales Force Training -- Managing The Sales Force -- Selecting Sales Strategies -- Sales Force Tactics: Principles Of Personal Selling -- Motivating A Professional Sales Force -- Evaluation And Control Of A Professional Sales Force -- Peer-To-Peer Sales -- Networking -- Social Selling: Online, Mobile, And Social Media Tools -- Chapter Review -- Discussion Questions -- Experiential Exercises -- Internet Exercise -- References -- 16.Direct, Online, Social Media, And Mobile Marketing -- Direct And Digital Marketing -- The New Direct-Marketing Model -- Rapid Growth Of Direct And Digital Marketing -- Benefits Of Direct And Digital Marketing To Buyers And Sellers -- Forms Of Direct And Digital Marketing -- Digital And Social Media Marketing -- Marketing, The Internet, And The Digital Age -- Online Marketing -- Social Media Marketing -- Marketing Highlight: How Hospitality Companies Use Social Media --

Contents note continued: Customer Databases And Traditional Direct Marketing -- Database Uses -- Relationship Marketing And Loyalty Programs -- Benefits Of Customer Relationship Management -- Loyalty Programs -- Traditional Forms Of Direct Marketing -- Direct-Mail Marketing -- Telephone Marketing -- Kiosk Marketing -- Interactive TV -- Online Privacy And Security -- Chapter Review -- Discussion Questions -- Experiential Exercise -- Internet Exercise -- References -- 17.Destination Marketing -- The Globalization Of The Tourist Industry -- Marketing Tourism Destinations -- The Tourism Destination -- Destination Marketing System -- Destination Competitiveness -- Sustainable Tourism -- Tourism Development And Investments -- Marketing Highlight: Cuba Tourism Development: A Time Travel -- Tourism Events And Attractions -- Attractions -- Segmenting And Monitoring The Tourist Market -- Agritourism -- Space Tourism -- Multiday Hiking And Religious Pilgrimages -- Medical Tourism --

Contents note continued: Genealogical Tourism -- Identifying Target Markets -- Classification Of Visitor Segments -- Monitoring The Tourist Markets -- Communicating With The Tourist Market -- Competition For Visitors Involves Image Making -- Branding Destinations -- Destination Tourism Slogans -- Effectiveness Of Advertising/promotion -- Developing Packages Of Attractions And Amenities -- Creating And Managing Visitor Experiences -- Organizing And Managing Tourism Marketing -- National Tourism Organizations -- Regional Tourist Organizations: State Associations And Convention And Tourist Bureaus -- Chapter Review -- Discussion Questions -- Experiential Exercise -- Internet Exercise -- References -- 18.Next Year's Marketing Plan -- Purpose Of A Marketing Plan -- Section I: Executive Summary -- Section II: Corporate Connection -- Relationship To Other Plans -- Marketing-Related Plans -- Corporate Direction -- Section III: Environmental Analysis And Forecasting --

Contents note continued: Positioning Statement -- Major Environmental Factors -- Economic Drivers Of Growth -- Competitive Analysis -- Market Trends -- Market Potential -- Marketing Research -- Marketing Highlight: The Indigo Pearl Resort: Facebook Strategy And Planning The Indigo Pearl -- Section IV: Segmentation And Targeting -- Segmentation Analysis -- Market-Segment-Profitability Analysis (MSPA) -- Targeting -- Global Market Strategy[—]australia -- Section V: Next Year's Objectives And Quotas -- Objectives -- Rating System Objectives -- Quotas -- Communicating The Plan -- Top Management -- Board Of Directors Or Group Of Investors -- Subordinates -- Vendors -- Other Departments -- Section VI: Action Plans: Strategies And Tactics -- Nonqualified Audience: Cluster Marketing -- Sales Strategies -- Distribution Strategies -- Advertising And Promotion Strategies -- Pricing Strategies -- Product Strategies -- Lost Or Decline Of Iconic Restaurant Brands --

Contents note continued: Section VII: Resources Needed To Support Strategies And Meet Objectives -- Personnel -- Other Monetary Support -- Research, Consulting, And Training -- Miscellaneous Costs -- Budgets -- Section VIII: Marketing Control -- Sales Objectives -- Sales Forecast And Quotas -- Expenditures Against Budget -- Periodic Evaluation Of All Marketing Objectives -- Marketing Activity Timetable -- Readjustments To Marketing Plan -- Section IX: Presenting And Selling The Plan -- Section X: Preparing For The Future -- Data Collection And Analysis -- Marketing Planning As A Tool For Growth -- Chapter Review -- Discussion Questions -- Experiential Exercise -- Internet Exercises -- References.
Added Author:
Format:
Books
Publication Date:
2017
Publication Information:
Boston

Pearson,

[2017]