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Manual on elective iii - hospitality marketing

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Hospitality Marketing<br />

C<strong>on</strong>cluding example: Let’s take a look at the various influences that may affect the<br />

purchase meeting space by IBM for its sales meetings:<br />

a) A slow down in the ec<strong>on</strong>omy, which could be translated to less computer sales<br />

may<br />

cause IBM to tighten its travel expenses to help maintain profitability (ec<strong>on</strong>omic<br />

envir<strong>on</strong>mental factors).<br />

b) The customary three-day sales meetings of IBM that close with a dinner banquet<br />

allow hotel sales people to promote its specialty banquet to the company<br />

(organizati<strong>on</strong>al factors).<br />

c) The hotel sales pers<strong>on</strong> who is rude to the recepti<strong>on</strong>ist of the IBM may be blocked<br />

by the recepti<strong>on</strong>ist from c<strong>on</strong>tacting the decisi<strong>on</strong> maker of the sales meetings<br />

(interpers<strong>on</strong>al factors).<br />

d) A detailed-oriented meeting planner of IBM who is new to his job may prefer the<br />

hotel sales pers<strong>on</strong> to talk him through the entire process (individual factors).<br />

As compared to the c<strong>on</strong>sumer market, the buying process of the business market tends<br />

to be more formalized and complex since it involves more participants. Keep in mind<br />

that the final users of the <strong>hospitality</strong> products and services may not be the same<br />

pers<strong>on</strong>s who have the authority to select the <strong>hospitality</strong> organizati<strong>on</strong>s and arrange the<br />

terms of purchase, or have the final say <strong>on</strong> the purchases. Therefore, it is important for<br />

<strong>hospitality</strong> marketers specializing <strong>on</strong> group businesses to understand who these<br />

participants are and their specific roles in the buying process.<br />

As menti<strong>on</strong>ed above, the organizati<strong>on</strong>al purchase decisi<strong>on</strong>-making process is slightly<br />

different from the c<strong>on</strong>sumer market; the process is more complicated and it requires<br />

more professi<strong>on</strong>al effort. Table 6 and Figure 5 illustrate this process using a scenario<br />

where a company intends to provide a series of training for its sales pers<strong>on</strong>s in a hotel.<br />

26

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