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

TEST MARKETING, what is text marketing and explain the various approaches t...

what is text marketing and explain the various approaches that are followed by FMCG companies in Test marketing

What is efficiency control in MIVE, What is efficiency control in MIVE? ...

What is efficiency control in MIVE? Efficiency control: The global picture is significant. An overview of the sales and marketing efforts and their relative failure or su

Buying decision process, Q.  Described briefly the steps in buying decisio...

Q.  Described briefly the steps in buying decision process. Ans.: The marketing scholars have developed a "stage model" of the buying process. The consumer passes via 5 stag

What moral rights does an author have on his work, QUESTION 1 A compute...

QUESTION 1 A computer contract is often in written form. What provisions would you expect to find in such a contract? QUESTION 2 (a) Mr & Mrs Williams have launched a n

What are the financial intermediaries, What are the financial intermediarie...

What are the financial intermediaries? Financial intermediaries: Credit companies, banks and other businesses which help finance transactions or cover against the risks

Describe the phases in the evolution of retail market, Problem 1: Descr...

Problem 1: Describe the phases in the evolution of retail market - Detail explanation on ‘Evolution of Retail in India'. Problem 2: What are the tasks handled by a p

Describe the freeze -thaw activity, Describe the freeze -thaw activity ...

Describe the freeze -thaw activity Repeated cycles of freezing and melting of water in rock  called as freeze -thaw activity or frost action widen the cracks and may even split

Selection of an advertising agency by past record, Q. Selection of an adver...

Q. Selection of an advertising agency by Past Record? 1) Who were the past clients of agencies why they left the agency how long were they with agency. How large were they?

Analyze the marketing environment, Why analyze the marketing environment? ...

Why analyze the marketing environment? 1.      Knowledge of the marketing environment is central of marketing management: marketing management rests squarely on the knowledge

Market analysis, Carrying out a market analysis The marketplace is con...

Carrying out a market analysis The marketplace is continuously changing and a business must be constantly updating to the changes or it will not remain in business for longtim

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