Selling Special Interest Travel Flashcards
A concise overview of why you are in the business of selling your particular special interest niche is known as a
A. Marketing Strategy
B. Competitive Analysis
C. Mission Statement
D. Goal
C. Mission Statement
The growth of special interest travel is limited to Baby Boomers, and Generations X and Y. True or False
False
Selling to niche markets is more labor-intensive than selling mass-market products. True or False
True
Your chosen specialty should be consistent with your own interests and that of your overall business plan. True or False
True
Promoting special interest travel includes each of the following EXCEPT:
A. Image and Logo
B. Negotiating
C. Advertising
D. The internet and E-marketing
B. Negotiating
If you’re purchasing print or online advertising for your specialty rather than the full-service nature of your business, it’s not necessary to find out which publications or websites your potential buyers read. Ture or False
False
Which of the following travel experiences is not considered a special interest market?
A. Culinary Tours
B. Yoga Retreats
C. Adventure Tours
D, All-inclusive Tours
D. All-inclusive Resorts
The channels through which you’ve chosen to distribute your special interest travel product describe which aspect of your marketing strategy?
A. Product
B. Place
C. Promotion
D. Price
B. Place
A marketing plan for a special interest travel business should include a description of the target audience. True or False
True
Which of the following demographic groups demonstrates a growing trend toward luxury and several trips each year?
A. Affluents
B. Millennials
C. Senior Citizens
D. Baby Boomers
B. Millennials
Pursuing specialized ______ — often with a unique product not easily found on the Internet or elsewhere — offers perhaps the greatest profit potential and client retention for today’s travel agent.
markets
Special interest travel and ______ can be defined by the common characteristics that a group of potential travelers shares.
niches
In _____, agents communicate with customers directly about their travel needs.
one-on-one marketing
_______ is becoming an increasingly important niche for travelers who want to give back to others and the worldwide community.
Volunteer tourism
The _______ is an important document because it defines your market, outlines your strategies, sets your goals, and establishes a framework for assessing the success of your efforts.
marketing plan
Name the 7 parts of a marketing plan.
Mission Statement Rationale Target Audience Competitive Analysis Goals and Objectives Action Tasks to Achieve Goals Marketing Strategy Financial Analysis
What are the 5 components of a SMART goal
Specific Measurable Actionable Realistic Time-sensitive
Name the 4 P’s of marketing strategy
Product
Price
Promotion
Place
What is the Product in a Marketing Strategy?
This is what you intend to sell
What is the Price in a Marketing Strategy?
This is how much you will charge for your product(s)
What is the Promotion in a Marketing Strategy?
This is how you will sell your product.
What is the Place in a Market Strategy?
This is where you will sell your product