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Section 1: Introduction - Tourism Queensland

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INTRODUCTION | Writing your marketing plan<br />

The following are example goals for<br />

SceneXtreme Tours:<br />

Product/Service Goal<br />

Enhanced product delivery and service<br />

quality through IT development and<br />

staff training<br />

Packaging Goal<br />

Expanded tour options on scenic<br />

routes based on a best fit product and<br />

marketing mix, to deliver profitability<br />

Price Goal<br />

Sales up by 20%, and profit margins up<br />

by 15% based on efficiency dividends<br />

Place Goal<br />

Improved and expanded sales<br />

opportunities through high internet<br />

exposure<br />

Promotion Goal<br />

Increased awareness and improved<br />

product profile through PR activity<br />

Competitive Advantage is another<br />

useful factor in defining your business.<br />

It describes your point of difference -<br />

what makes you unique or gives you<br />

the market edge over your competitors.<br />

In order to know your competitive<br />

advantage, you must first look at how<br />

your competitors operate and identify<br />

points of distinction. After all, that is<br />

what your potential customers do.<br />

Customers look at competitive<br />

advantage when they compare products<br />

to buy. Therefore, it’s vital to emphasise<br />

these qualities of difference in every<br />

aspect of your marketing strategy.<br />

Examples of competitive advantage<br />

include but are not limited to offering:<br />

• superior or unique product,<br />

facilities and/or services<br />

• price or package advantages<br />

• convenience or accessibility<br />

• superior safety or<br />

manufacturing standards.<br />

Your competitive advantage is usually<br />

listed under Strengths in your SWOT<br />

Analysis or alternatively, what you see<br />

as good ideas for development under<br />

Opportunities. We deal with the SWOT<br />

analysis next.<br />

Situation analysis<br />

This section provides the context for<br />

your marketing decision making and<br />

covers the benefits of Strengths,<br />

Weaknesses, Opportunities and<br />

Threats (SWOT) Analysis.<br />

As a business, you connect to the<br />

world in a number of ways. You are<br />

both a buyer and seller. You help to<br />

create the social and economic fabric<br />

within your community, and are often<br />

at the forefront of change.<br />

Understanding the internal and<br />

external environment and doing a<br />

SWOT Analysis of the business can<br />

strongly assist your marketing strategy.<br />

The most common way to undertake a<br />

situation analysis is to brainstorm ideas<br />

with a group of people directly involved<br />

with the business.<br />

External conditions are those factors<br />

you have no control over but they<br />

impact on your operations. The<br />

economy, pandemic outbreaks, legal<br />

and political issues, market trends and<br />

changes, competition, manufacturing<br />

or transport limitations, and so on.<br />

Internal conditions summarise your<br />

business environment and resources.<br />

They are factors that can be controlled<br />

through effective management.<br />

Depending on your business you<br />

may have specific areas to consider.<br />

However, in broad terms you might<br />

look at the financial status of the<br />

business and its resources, staff<br />

resources, training and development,<br />

premises, equipment, maintenance,<br />

suppliers and legal and other<br />

binding agreements.<br />

These quick and highline<br />

environmental scans can give you an<br />

idea of how well positioned you are to<br />

meet commercial and environmental<br />

challenges and take up new<br />

opportunities that offer growth.<br />

The SWOT gives you a snapshot of<br />

the business. It’s like a performance<br />

report card on what’s good, what<br />

needs improvement, how the business<br />

can expand and what issues it is likely<br />

to confront.<br />

Each factor is captured under at least<br />

one of the four categories. Sometimes<br />

a factor may be applicable to more than<br />

one category and that is fine, as long<br />

as you account for it in your planning.<br />

The trick is to focus on the major<br />

influences that have the most potential<br />

to affect the business, not to get<br />

caught up in the small stuff. Once<br />

again, jot down ideas as they come to<br />

you. The SWOT can easily be edited<br />

once you get in to the planning.<br />

The following example is indicative<br />

of how a business like SceneXtreme<br />

would develop its SWOT analysis and<br />

use the matrix for future development.<br />

THE BIG MARKETING GUIDE<br />

8

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