Professional Documents
Culture Documents
POTOTAN CAMPUS
School of Business and Management
Brgy. Cau-ayan, Pototan, Iloilo, Philippines 5008
Trunkline: (063) (033) 529-8716 * Telefax No.: (033) 529-8716
Website: www.wvsu.edu.ph *Email Address: pototan@wvsu.edu.ph
LEARNING GUIDE IN
I. Course No. and Title: THM 209 – TOURISM AND HOSPITALITY MARKETING
II. Pre-requisites: None
This course will equip students with the necessary skills to develop actual
marketing campaign for a business within the tourism and hospitality industry.
Emphasis is on the analysis market, its competition and its products; preparation of
financial budget and the development of short-term and long –range strategies to
achieve desired profit through effective advertising, sales and effective public relations
plan.
Learning Objectives
Learning Topics
INTRODUCTION
According to the Layman definition, Market is a place where buyers and sellers meet
personally to finalize the deal after personal inspection of goods. However, for a student of
marketing, it represents that place where buyers and sellers contact with one another due to
which the prices of goods and services tend to be equalized easily and quickly.
A market is a set of actual and potential buyers who might transact with a seller. Market
is the social arrangement where exchange of goods and services takes place among buyers and
the sellers. Traditionally, a “market was a physical place where buyers sellers gathered to buy
and sell goods
Types of Markets
West Visayas State University
POTOTAN CAMPUS
School of Business and Management
Brgy. Cau-ayan, Pototan, Iloilo, Philippines 5008
Trunkline: (063) (033) 529-8716 * Telefax No.: (033) 529-8716
Website: www.wvsu.edu.ph *Email Address: pototan@wvsu.edu.ph
1. Consumer Market
These are the markets for products and services bought by individuals for their own or
family use. Goods bought in consumer markets can be categorized as fast moving consumer
goods (ready meals, baked products, newspaper); consumer durables (freezers,
refrigerators, cookers, television, computers, etc.); soft goods (clothes, shoes, bags); and
services (hairdressing, dentists, child care, hospitality services).
2. Business Markets
3. Global Markets
These are market which has historically been tied to international trade. A marketing
strategy used mainly by multinational companies to sell goods or services internationally.
Global marketing requires that there be harmonization between the marketing policies for
different countries and that the marketing mix for different countries can be adapted to the
local market conditions.
A Non- profit markets are areas where marketing is conducted by organizations and
individuals that operate in the public interest or that foster a cause and do not seek financial
profits. These markets involve organizations- Charitable groups, Unions, Universities, etc.,
people- political candidates etc., places- resorts, ideas- stop smoking as well as goods and
services.
A Government markets buy goods and services to support their internal operations
and to provide the public education, water, energy, national defense, road system and health
care.
Marketing on the other hand, is the process comprising all those activities that
are related to the free flow of goods from the point of production to the points of
consumption.
Table 1.1 describes the difference between selling and marketing in relation to
its focus, means, and ends.
1. Selling focusses its attention on sellers’ needs while marketing on buyers’ needs.
2. A seller is interested in turning a commodity into cash while a marketer in consumer
satisfaction.
3. Selling aims profits through sales while marketing through serving consumer needs.
Nature of Marketing
6. Exchange Process
Marketing is a dynamic process of exchange of goods and services between the sellers
and the buyers. Not only goods and services are exchanged but a whole lot of
information about the goods and services.
Importance of Marketing
Marketing helps in the realization of the objectives for which the organization has
been set up. It is essential for the survival and growth of the organization.
It helps the community to satisfy their economic and social needs and raise their
standard of living
It helps producing those products that are needed by the consumers and
community at large.
It ensures the economic growth of the enterprises which results in growth and
economic development of the country.
Benefits of Marketing
A. Benefits to Society
MARKETING MANAGEMENT
1. Consumer Orientation
It refers to the organizational culture, processes and systems aimed at
understanding customer needs strategically and developing products and services that
provide satisfaction to the consumer.
2. Integrated Marketing
This strategy aimed at unifying different marketing methods such as mass
marketing, one- to- one marketing and direct marketing.
1. Manufacturing Concept
According to this concept, the company believes that based on quality and
features, it has a superior product and the customers would like it. Here, the marketer
believes that consumers favor the available products and they are able to produce
highly affordable products. From here, the management should improve production and
distribution system on a regular basis.
2. Product Concept
Under this marketing concept, production is the starting point. The product
acceptability occurs after the product is produced. The demand for a product is greater
than its supply. This concept is used to increase profit by focusing on production
efficiency. Another one, this concept is useful when increasing production raises
economies to reduce price.
The focus of the business is not in the needs of the customers but on reducing
the cost by mass production. This concept believes that consumers prefer existing
products and product form and management’s job is to develop good version of
products.
3. Selling Concept
This philosophy has been sales oriented. It states that making available the best
product is not enough. It is futile unless the firm resorts to aggressive sales promotion,
effective salesmanship and vigorous advertising. The product moves in the market only
when we have tremendous and forceful promotional efforts – both personal and
impersonal. The essence of sales oriented marketing philosophy is that the goods are
not brought but are sold. According to this concept, the demand for a product is equal
to its supply.
The focus here is to make the product and then try to sell it to the target market.
However, the problem could be that consumers do not like what is being sold to them.
This concept believes that consumers will not buy enough products unless the company
undertakes large selling and promotion efforts. The management’s aim is to maximize
sales without worrying about customer satisfaction.
This philosophy was brought into play during the 1950s and it points out that the
fundamental tasks of the firm is to study and understand the needs, wants, desire and
values of the potential customer and produce the goods in the light of these findings so
that the customers or users will have the desired satisfaction.
According to this concept, the supply for a product is greater than demand and
creating intense competition among supplier.
West Visayas State University
POTOTAN CAMPUS
School of Business and Management
Brgy. Cau-ayan, Pototan, Iloilo, Philippines 5008
Trunkline: (063) (033) 529-8716 * Telefax No.: (033) 529-8716
Website: www.wvsu.edu.ph *Email Address: pototan@wvsu.edu.ph
Marketing Sales
Customer Product Sales
Research Promotion
This concept puts the customer at the heart of the business. The organization
tries to understand the needs of the customers by using appropriate research methods
and processes are developed to make sure that information from customers is fed back
into the heart of the organization. In essence, all activities in the organization are
centered to the customer. The customer is truly the King! This concept believes that
organizational goals can be achieved only when the management is able to identify the
needs and wants of target market and desired satisfaction better than competitors and
created a long- term customer relationships.
There has been further refinement in the marketing concept, particularly during
1970s and 1980s. Accordingly, the latest concept has gone beyond understanding the
consumer needs and making products and services available as per aspirations. It tries
to replace consumer satisfaction by consumer welfare or social welfare. The social
welfare speaks of better pollution- free environment and quality life. That is, the
marketing organization should discharge its social responsibilities in the normal course
of making available consumer goods and services.
The social oriented philosophy is called “integrated” approach and works on the
following four basic points:
APPLICATION
Direction: Read and analyze the following set of questions below. Justify your answer
in paragraph form. Answer it substantially to the best of your ability.
Kindly place your answer in a yellow pad and follow this format.
Question:
1. Many managers think that the purpose of business is for profit while some view it
as being able to create, maintain and expand customer. Explain how these
alternative viewpoints could affect a company’s interactions with its customers. (20
points)
2. If a manager views the purpose as being able to create and maintain a customer,
does this means the manager is not concerned with profits? (10 points)
West Visayas State University
POTOTAN CAMPUS
School of Business and Management
Brgy. Cau-ayan, Pototan, Iloilo, Philippines 5008
Trunkline: (063) (033) 529-8716 * Telefax No.: (033) 529-8716
Website: www.wvsu.edu.ph *Email Address: pototan@wvsu.edu.ph
ASSESSMENT
1. Define the word “market” in other perspectives. Definition in the learning guide is not
acceptable. State at least 3 different definitions with cited authors. (10 points)
2. In your own point of view, which is the best marketing concept? And why? (10
West Visayas State University
POTOTAN CAMPUS
School of Business and Management
Brgy. Cau-ayan, Pototan, Iloilo, Philippines 5008
Trunkline: (063) (033) 529-8716 * Telefax No.: (033) 529-8716
Website: www.wvsu.edu.ph *Email Address: pototan@wvsu.edu.ph
points)
REFERENCES
Kumar, P. 2010. Marketing of Hospitality and Tourism Services. Mc Graw- Hill
International Edition. Mc Graw Hill Education Private Limited
Badilla – Gatchalian, M. 2015. Tourism Marketing- 1st Edition. Rex Book Store
Incorporated. Sampaloc, Manila, Philippines
West Visayas State University
POTOTAN CAMPUS
School of Business and Management
Brgy. Cau-ayan, Pototan, Iloilo, Philippines 5008
Trunkline: (063) (033) 529-8716 * Telefax No.: (033) 529-8716
Website: www.wvsu.edu.ph *Email Address: pototan@wvsu.edu.ph