INTRODUCTION TO TOURISM AND HOSPITALITY MARKETING Flashcards

1
Q

Building strong relationships is important for long-term success in business as it can lead to customer loyalty and repeat business. (T/F)

A

TRUE

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

It is the goods or services a company offers. It includes features, design, packaging, branding, and warranties.

A

Product

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

A process of trading one thing for another, such as money for a product or service.

A

EXCHANGE

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

It can can influence customers’ perceptions and purchasing decisions. (IMPORTANCE OF MARKETING)

A

ESTABLISHING BRAND IMAGE

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

It is the amount a customer pays for a product or service.

A

Price

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

It holds that consumers will naturally prefer products that are widely available and inexpensive

A

PRODUCTION PHILOSOPHY

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

It is a set of tools that a company uses to develop and implement its marketing strategy.

A

Marketing Mix

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

A person involved in marketing analysis, planning, implementation, and control of activities.

A

MARKETING MANAGER

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

These businesses provide travelers with meals and refreshments during their trip.

A

FOOD AND BEVERAGE

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

It play a vital role in the travel industry, as they provide coverage for unexpected events.

A

INSURANCE

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

It can can lead to repeat business and customer loyalty. (IMPORTANCE OF MARKETING)

A

Building Relationship

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

It is the process of promoting and selling tourism and
hospitality products and services

A

Tourism and Hospitality Marketing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Is the use of branding and positioning strategies is to create a unique and desirable image for a destination or property? (T/F)

A

TRUE

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

social and managerial process by
which individuals and groups obtain what they
need and want through creating and exchanging
products and value with others.

A

Marketing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

It is a comprehensive framework that allows a company to take a holistic approach to its marketing strategy by considering all elements that may impact the customer’s decision-making process.

A

7Ps of Marketing Mix

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

It is the human element in marketing, including employees, customers, and other stakeholders.

A

People

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

It can attract new customers and increase sales. (IMPORTANCE OF MARKETING)

A

Creating Awareness

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

travel industry relies heavily on_________ to transport customers to their destinations.

A

TRANSPORTATION

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

The purpose of business is to create and
maintain satisfied, profitable customers

A

CUSTOMER ORIENTATION

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

It is the systems and procedures that a company uses to produce and deliver its products or services

A

Process

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

The desire for a specific product or service that will satisfy a need.

A

WANTS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

The trends, customer behavior and market size, which can inform strategic decisions. (IMPORTANCE OF MARKETING)

A

UNDERSTANDING MARKET DYNAMICS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

process of planning, implementing, and controlling the marketing activities and programs of an organization.

A

MARKETING MANAGEMENT

24
Q

It is an ongoing interactions between parties that are involved in exchange.

A

RELATIONSHIPS

25
It holds that consumers will naturally prefer products that offer the best quality, features, and design.
PRODUCT PHILOSOPHY
26
Tourism and hospitality marketing cannot take many forms. (T/F)
FALSE
27
If a customer is highly satisfied, they will likely become a repeat customer and recommend the product or service to others. (T/F)
TRUE
28
It can leads to profit as the central goal of hospitality marketing.
Customer satisfaction
29
It is the tangible elements of a product or service that customers can see, touch, or experience.
Physical Evidence
30
It plays an increasingly important role in travel marketing, with the use of online booking platforms and travel apps to research, plan, and book trips.
TECHNOLOGY
31
It includes target audience, key messaging, and a mix of marketing tactics in marketing.
COMPREHENSIVE MARKETING PLAN
32
These businesses provide travelers with a place to stay during their trip.
HOSPITALITY
33
It help a company to generate revenue and increase profits. (IMPORTANCE OF MARKETING)
Generating Revenue
34
It is the distribution channels a company uses to get its products or services to customers.
Place
35
it holds that a company should not only focus on short-term profitability but also consider the long-term impact of its actions on society and the environment.
SOCIETAL MARKETING PHILOSOPHY
36
It bringing buyers and sellers together. (IMPORTANCE OF MARKETING)
FACILITATING EXCHANGE
37
It is the souvenirs, clothing and other items that travelers purchase before and during their trips.
RETAIL
38
It holds that consumers will naturally prefer products that meet their needs and wants
MARKETING PHILOSOPHY
39
It differentiate itself from its competitors. (IMPORTANCE OF MARKETING)
Competitive Advantage
40
It is the customer's overall emotional response to the perceived value of a product or service
SATISFACTION
41
The quantity of a product or service that consumers are willing and able to buy at a given price.
DEMAND
42
What are the distribution channels of marketing mix?
retail stores, e-commerce, & direct selling.
43
It serves as a guide for companies to develop a marketing strategy that aligns with their business goals.
Marketing Management Philosophy
44
A state of felt deprivation
NEED
45
What is the goal of tourism and hospitality marketing?
to attract visitors and guests
46
The travel industry is not interdependent on other industries, as various businesses and services does not needed the support in creating travel experience. (T/F)
FALSE
47
It is the degree to which a product or service meets or exceeds the customer's expectations.
QUALITY
48
Marketing research and analysis can help inform product development and marketing strategies. (IMPORTANCE OF MARKETING)
Identifying Customer Needs
49
What is the extended market mix?
People, Process, & Physical Evidence
50
They are the specific interactions between parties in which goods or services are exchanged for money or other forms of payment.
TRANSACTION
51
These businesses provide travelers with activities and entertainment options during their trip.
ENTERTAINMENT
52
As a product or service that provides high value and high quality will lead to high customer demand.
FALSE
53
It is the total number of buyers and sellers in a given area or industry who are involved in the exchange of goods and services
MARKET
54
It is often focused on highlighting the unique features and benefits of a destination or property
MARKET EFFORTS
55
It holds that consumers will not buy a product unless it is heavily advertised and promoted.
SELLING PHILOSPHY