What is meant by customer relationship management, Marketing Management

Assignment Help:

Question 1:

(a) Using an example of your choice within the tourism or hospitality sector, explain the function where a firm uses only a "direct marketing" channel for marketing its products and services.

(b) Identify and describe the different functions performed by marketing channel intermediaries within hospitality and tourism businesses.

Question 2:

(a) Explain briefly what is meant by "customer relationship management" and give some reasons for its growing importance in marketing.

(b) Explain what is meant by each of the following and discuss their importance in customer relationship management: Customer lifetime value, customer perceived value, customer satisfaction, customer equity.

Question 3:

Assume that you work for a leisure company in Mauritius and your company is evaluating a proposal to set up a theme park. This will be a major development and it is intended to attract visitors from the domestic and international markets as well as from neighbouring countries. The company wishes to estimate the expected number of visitors annually from the potential markets. Discuss the critical steps that the marketing research project has to look into.

Question 4:

Professional services organizations, such as hotels and tourism related businesses, typically sell to customers rather than clients. What does this tell you about what to consider within the nature of professional hospitality sales and what are the marketing characteristics for professional services marketers to consider when selling a service?


Related Discussions:- What is meant by customer relationship management

Explain about the marketing information system, Explain about the Marketing...

Explain about the Marketing Information System. As demonstrated in the given figure: Figure: Marketing Information System Marketing information System means the

Mmi operational activities, In an executive meeting of March 2010, CEO Mary...

In an executive meeting of March 2010, CEO Mary Shields praised the team for their 'excellent performance.' In fact, for fiscal years 2007 to 2009, MMI outpaced its closest competi

Image and voice of nursing, Purpose: The purpose of this paper is for the ...

Purpose: The purpose of this paper is for the student to reflect on the historical and current image and voice of nursing and the profession of nursing are affected. The student w

The Marketing Environment, A Chennai based soft –drink company has proposed...

A Chennai based soft –drink company has proposed to launch a new variant of Soft-drink in three flavours lemon , rose , and orange priced at Rs.6 /- ,Rs.7/- Rs.8 /- in 300ml bottl

Events also need to be promoted to make them successful, Question 1 The...

Question 1 The event manager plays a pivotal role in event management company. Discuss his role and explain the important steps he has to take to ensure a successful event

Geometry word problem, : At a high school they are getting new chalkboards....

: At a high school they are getting new chalkboards. The old ones were large and square shaped. THE new ones are rectangular The length of the new white board ise 5 feet longerthan

Examine the importance of using image attributes, The Mauritius Tourism Pro...

The Mauritius Tourism Promotion Authority (MTPA) has undertaken advertising in UK to support low season activity using creative ads that carries the headline So Many Reasons? in or

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