Destination marketing Flashcards

Market research

1
Q

Explain the type of market research

A

(i)Qualitative market research:it is where information about information opinion and attitude toward product are collected and generate data through observation,interview and internal conseveration
(ii)Quatitative market research:it is where numeric and statistics information are collected mostly through surveys

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2
Q

Explain the market research tool

A
  1. SWOT analysis
    S-strengths]Internal influences
    W-weakness]internal influence
    O-opportunities]External influence
    T-threats]External inteuence
    (i)it is a market tool used to asses the internal and the external influences of
    the organisation
    (ii)Strengths
    -what are our strengths?
    -How can we build on them to make sure that we offer better product than our competitors
    Weaknesses
    -What are our weakness?
    -How can we get rid of them?
    Opportunities
    -what are our opportunities?
    -How are we going to use
    our opportunities to use them to attract customer
    Threats
    -What are our threats?
    -How are we going to minimise them so that they do not affect sales of our product?
    2.PESTLE analysis
    (i)It is a marketing tool use to assess the external influences that may pose a risk to a destination.
    (ii)Political
    Rules and regulations of government that may affect an organisation
    -Unstable political conditions that may give rise to civil unrest and international terrism
    Economic
    -Foreign exchange rates
    -Global economic downturn
    Social
    -Dieases
    -Rate of crime
    Technological
    -Infrastructure development,consulting of airport and hotels might contribute positively on tourism
    -Use of Internet for marketing and promotion
    Legal
    -Vise requirement
    -visit permits
    -Covid-19 protocols
    Environmental
    It’s impact caused by tourism
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