Exam 1 Flashcards
Tourism
Comprises the activities of a person traveling outside his or her usual environment not for more than one consecutive year for leisure, business and other purposes other than the exercise of an activity remunerated form the place visited
3 elements
- Purposes of travel; business, pleasure, visiting friends and relatives.
- Time dimension: mini 24hs and Max a year
- Distance: 50 miles away from home
Charateristics of tourism industry
o Lodging, restaurants, events, time share, travel trade, attractions, dest. Mark., tourism planning/development
conditions history has tought us
oIndividuals have time and money to travel
oTravel is easy and inexpensive (visas)
oCurrencies are easily exchangeable common languages are spoken
oLegal systems create personal safely
oRole of transportation is fundamental
push motives
internal to tourists which make them desire to travel(attitude values, perceptions, learning, personality, and norms)
Pull motives
external to tourist which are contrived to make a destination more appealing(ads and promotions)
Psychoentric
(dependables) like familiar places (Miami Beach)
Allocentric
(Venturers) like super exotic places (South Pole)
Mid Centric
likes place that are familiar but exotic (Hawaii)
Different Market sementation types
o Geographic= Grouping based on their location, simplest
o Demographic- objective characteristics, most popular, club member ship (young singles and married couples with kids)
o Psychographic- lifestyle and personality (how/why)
o Product/service-related (leisure/business) product-specific wants
processe of seegmentation
- Good segments are Substantial, exploitable, identifiable, durable
- Five–‐Step Approach
- Choose a segment on approach
- Profile the segments (using marking mix)
- Forecast each segments’ potential (#/$)
- Estimate likely market share per segment
- Decide which segment(s) should be targeted
Justification
s
4ps
- Product (service): intangible vs. Tangible, participation- created together, seasonal, not returnable based on the need of the consumers, service is different form product
- Price (Quality and Value) analyze demand, catch price with quality, integrate goals, pricing and profit, consider competition
- Promotion (communication) personal selling, ads, publicity and public relations, word of mouth
- Place- ease of distribution and getting the products to the customers
Additional Ps
People- customers and employees
Process-Inseparable from the tourism service/product
Physical evidence: tangible aspects of the tourism service
Service expectaiton
word of mouth, personal, desires, past experience, Marketing messages