Finals: Cultural Tourism And Marketing Flashcards
It used to be about advertising and selling
Marketing
These two activities are now just part of a more complex set of strategic activities that comprise marketing
Advertising and selling
True or false: a highly successful establishment makes marketing a concern not only of guess contact positions but of each and every employee of the establishment
True
Is at the center of marketing
Customer satisfaction
Social process by which individuals and groups obtain what they need and want through creating an exchanging products and value with others
Marketing
Is the activity, set of institutions, and process of creating, communicating, delivering and exchanging offerings that have value for customers, clients partners and the society at large
Marketing
Tourism industry is both
Tangible (products) and intangible (services/experiences)
Product cannot be separated from the consumer
Inseparable
When tourists avail of the products and services, they have to personally go to where the products are
Inseparable
Experience is likely to be different depending on when the product is available, who one is with, and how the service providers deliver the service at the time of consumption
Variable
Refers to not being able to forward inventory today next day
Perishable
With new options and company is emerging and competing in the global marketplace, one this nation can easily be substituted for another
Substitutable
It is not a single product but the combination of products and services
Holistic
May refer not just to the seasons of the year but also the behavioral patterns of the travel market
Seasonal
Why is it very difficult for marketers to sell tourism products
Because it is a want, thus, it is more challenging on the part of the marketers to promote it
Means that there is a greater degree of thought study involved prior to purchase
High-involvement product
Three characteristics of a high-involvement product
Expensive
Complex (jargons)
Unrepeatable
Entails gathering information about customers to better serve their needs and improve decision making
Marketing information management
Involves planning to ensure that resources are available to maintain and improve business
Financing
Ensures that the value and cost of goods and services offered to customers will be at the level that customers are willing to pay
Pricing
Prepares the various promotional strategies that will enable the products to be introduced and sold to the customers
Promotion
Involves designing, developing, maintaining, improving and acquiring products and services to meet the needs of the customers
Product/Service management
Involves bring the products and services to the customers in the best way possible
Distribution
The ultimate measure of marketing success: follow up, closing the sale and making a repeat sale
Selling