Traditional Components of Marketing • Consumer research • Price • Product development • Packaging • Distribution • Promotion • Advertising • Point of sale
The Consolidated Approach Consolidated marketing efforts by a variety of stakeholder businesses and organizations result in greater strength, unity, and leveraged results for everyone.
Market and Marketing Research • Market research quantifies and values the economic impacts of tourism to a community. • Marketing research identifies consumers based on demographic and psychographic profiles.
Meeting and Convention Research • MINT (IACVB’s Meetings Information Network) • Convention services evaluations • Lost-business reports • Analyses of customers and competitors • Return-on-investment analysis
Strategic Planning • Community-wide initiative for long-range goals that may use the marketing plan as a foundation • Multi-year directional marketing approach • CVB strategic philosophy (mission statement) • Strategic analysis of strengths, weaknesses, opportunities, and challenges • Follow-up sessions to determine progress
Public Relations and Publicity • Includes messages in editorials or news stories • Seen as more credible than advertising • Numerous approaches are available: Publicity releases Familiarization tours and site inspections Community and government relations Crisis management Press conferences Trade show participation
Direct Marketing Keeping in touch with current or potential clients through personal contact or mailings • Implementation outlines • Merchandising marketing efforts and results • Gifts ○ Remembrances should be represent the destination and the image the CVB wants to portray.
Event Development Events held for consumers and destination marketing professionals are effective marketing tools. • Such events can include gala receptions or consumer road shows. • Evaluate event effectiveness. • Include guests in the planning process.
Measuring Success Three criteria for determining a CVB’s success from a marketing standpoint: 1. Delivery of economic development benefits in fulfilling its core marketing mission 2. Provision of marketing excellence through its research, planning, execution, and evaluations 3. Status as a recognized leader in community tourism efforts