The View_September 2018_F_Web
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SEVEN KEY<br />
STEPS FOR<br />
PACKAGING<br />
Photo credit: Jacob's Creek Cooking Class<br />
Define your goals and objectives.<br />
1<br />
Define your ideal target market and<br />
2 segments.<br />
Brainstorm and identify potential<br />
3 partners.<br />
Develop the package and itinerary.<br />
4<br />
Determine logistics and operations.<br />
5<br />
Calculate the costs, price<br />
6 competitively and earn a profit.<br />
Promote and market the package.<br />
7<br />
COMPLEMENTING YOUR BRAND WITH<br />
PARTNERSHIPS AND PACKAGES<br />
BY SIGGI FREDE, CONSULTANT, LECTURER & TRAINER – EFFEKTIVER<br />
Partnerships that are based on trust and<br />
sharing of ideas, knowledge, contacts<br />
and resources can be a powerful way to<br />
deliver greater value to your target market,<br />
increase brand differentiation and create<br />
competitive advantage.<br />
Today’s discerning domestic and<br />
international travellers are seeking<br />
destinations that deliver authentic<br />
experiences which tap into their passion<br />
points, provide greater meaning, personal<br />
connections and create unique memories.<br />
For packages carefully consider your<br />
ideal target markets, unique value<br />
proposition and select industry partners<br />
that complement your brand. When you<br />
collaborate think about the emotions<br />
and senses that your package will<br />
stimulate and identify unique elements<br />
that guests cannot see or do anywhere<br />
else in Australia. What will be the<br />
‘WOW’ moments that create inspiring<br />
testimonials? Also consider pooling funds<br />
for sales, marketing and distribution<br />
activities to jointly reach larger audiences.<br />
16 SATIC. SPRING <strong>2018</strong><br />
A package combines two or more<br />
products into a single price offering.<br />
Packages often play a key role to drive<br />
demand during off-peak travel times,<br />
stimulate repeat business and increase<br />
yield. Bundles should ideally feature a lead<br />
product and one to three brand aligned<br />
complementary non-competing products.<br />
Packages do not need to be based on<br />
discounting (even though it is a core<br />
appeal), the focus could rather be on value<br />
add, uniqueness and convenience that<br />
drive customer satisfaction.<br />
<strong>The</strong> package (bundle) should be wellthemed<br />
to appeal to customers’ needs<br />
and be easy to find and book.<br />
For example, a B&B could collaborate<br />
with a winery, café or restaurant and the<br />
local golf club to create an ‘Indulgent<br />
Golf Escape’.<br />
Turn this bundle into a ‘money can’t buy’<br />
experience by arranging to tee off with<br />
a Golf Pro, meeting the local winemaker<br />
for an exclusive tasting, and helping the<br />
chef to pick the produce for dinner in the<br />
kitchen garden.<br />
Packages should be well coordinated,<br />
offer distinctive customer benefits and a<br />
profit for participating businesses. Plan<br />
packages well in advance to ensure all<br />
aspects from a marketing, operational and<br />
legal perspective can be covered.<br />
Be careful not to ‘over-package’ as<br />
customers enjoy flexibility in their travel<br />
choices. You can always aim to upsell or<br />
cross-sell other products and services.<br />
Do not fall into the trap of thinking<br />
that your job is done once you have<br />
designed the package, priced it, signed<br />
an agreement, assigned resources and<br />
marketed it. Unforeseen events, poor<br />
staff performance, lack of attention to<br />
detail, and a variety of other factors can<br />
still destroy the fruits of your efforts. Why<br />
not put monitoring, problem-solving and<br />
quality management systems in place<br />
and gather ongoing staff and customer<br />
feedback for improvements.