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Newfoundland and Labrador Product Development Strategy

Newfoundland and Labrador Product Development Strategy

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- 186 -Section 11Strategies for Market ReadinessUpgrading <strong>and</strong> Enhancing The Market Readiness Of Tourism<strong>Product</strong>s <strong>and</strong> ServicesEnhancing the market readiness of the tourism industry in <strong>Newfoundl<strong>and</strong></strong> <strong>and</strong> <strong>Labrador</strong> hasbeen identified as a key need for almost all sectors of the industry. Here is a summary ofwhat’s involved for a tourism business in being ‘market ready’:1. <strong>Product</strong> st<strong>and</strong>ards:o Quality facilities, service <strong>and</strong> guest experienceso Participation in Canada Select for accommodations, Camping Select forcampgroundso St<strong>and</strong>ards for other types of facilitieso Trained staff, certified staff, guideso Professional development <strong>and</strong> training programs for both management <strong>and</strong> staff –online, workshops, mentoring, etc.2. Hospitality st<strong>and</strong>ards:o Front line staff trained in customer service (e.g. participate in HNL CustomerService training programs)o Guarantees of customer satisfaction3. <strong>Product</strong>s that match markets;o Underst<strong>and</strong>/identify the target markets for the business, <strong>and</strong> have products,facilities, services <strong>and</strong> packages to respond to/match with the market(s) that havebeen identifiedo For traveller service businesses, have ‘experiential’ packages that can growdem<strong>and</strong> <strong>and</strong> yield in all seasonso For experiential businesses, have value-added packages that can grow dem<strong>and</strong> inshoulder <strong>and</strong> off-peak periodso A mix of products <strong>and</strong> markets to maximize dem<strong>and</strong> <strong>and</strong> revenues on a seasonalbasis4. Marketing strategy <strong>and</strong> plan in place, that is responsive to market opportunities havingprofit potential5. Marketing Tools in place – they will vary by type of business:o Websiteo 1-800 number – manned all yearo Information <strong>and</strong> reservation systemo Data base of customers <strong>and</strong> enquiriesTHE ECONOMIC PLANNING GROUP of Canada <strong>Newfoundl<strong>and</strong></strong> & <strong>Labrador</strong> Tourism <strong>Product</strong> <strong>Development</strong>D. W. Knight Associates <strong>Strategy</strong> <strong>and</strong> Accommodation Needs Study

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