Marketing Mix
Place: product and service
information are sold to the guest via personal selling, direct marketing,
advertising and the Internet. Delivery channels include travel agents and
international reservations systems.
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Product Marketing
Product: high quality facilities
accompanied by exemplary personal service, differentiated from competition
quality with the overall brand strategy has proven to be a successful approach
generating high levels of repeat business.
Pricing
Pricing strategy has been consistent
with the differentiation objective, to provide added value for a reasonable
rate as opposed to discounting and de valuing our products and services.
Room rates quoted are net of tax and
service, are per night, per room with continental breakfast included:
- Corporate single - $95.00;
- Corporate double - $125.00;
- Corporate double deluxe - $ 175.00;
- Corporate suite - $225.00 (maximum occupancy 2 persons).
Conference room rates are net of tax
and service, quoted per day use with tea and coffee breaks (2) included:
- The Riverview Boardroom - $260.00;
- The Riverview Conference Hall - $320.00;
- The Riverview Ballroom - $875.00.
Promotion
Promotion: primary focus will remain
on mass communication via print ads in trade publications and on the Internet.
Direct mail campaigns to existing and prospective clients will increase as a
cost effective means of targeted campaigning.
Personal selling in the local market
will remain an important element of the mix in order to continue to build
long-term relationships within the local community and generate high
levels of corporate activity.
Public relations activities will
continue to play an important role in the marketing mix, presenting the hotel
as a supportive member of the community and participating in significant
local events.
Advertising
The following table shows our
primary advertising milestones.
Advertising Milestones
Milestones
|
|||||
Advertising
|
Start
Date
|
End
Date
|
Budget
|
Manager
|
Department
|
Contract media space
|
1/1/2005
|
4/1/2005
|
$20,000
|
Geoff
|
Marketing
|
Ad agency liasonon print ad
material
|
1/1/2005
|
3/28/2005
|
$11,000
|
Geoff
|
Marketing
|
Dispatch/monitor campaign
results
|
5/1/2005
|
8/1/2005
|
$2,000
|
Sally
|
Marketing
|
Total Advertising Budget
|
$33,000
|
||||
Public Relations
The following table shows our
primary PR milestones.
PR Milestones
Milestones
|
|||||
PR
|
Start
Date
|
End
Date
|
Budget
|
Manager
|
Department
|
Public relations functions
to schedule
|
2/1/2005
|
3/1/2005
|
$0
|
Anne
|
PR
|
Evaluate sponsorship
requests
|
3/1/2005
|
4/1/2005
|
$0
|
Anne
|
PR
|
Establish list of
sponsorship events/companies
|
4/1/2005
|
6/1/2005
|
$6,000
|
Anne
|
PR
|
Total PR Budget
|
$6,000
|
||||
Direct Marketing
Our direct marketing will be handled
by our PR agency. We will buy select targeted list of corporate companies and
send them information about Riverview Hotel. We know that we are no experts in
direct marketing so it will be important that our PR agency handles every
aspect of direct marketing for us.
Direct Marketing Milestones
Milestones
|
|||||
Direct Marketing
|
Start
Date
|
End
Date
|
Budget
|
Manager
|
Department
|
Direct mail lists to
purchase/prepare
|
2/1/2005
|
3/1/2005
|
$6,000
|
Sally
|
Marketing
|
Ad agency liason on direct
mail material
|
3/1/2004
|
3/1/2005
|
$7,000
|
Sally
|
Marketing
|
Total Direct Marketing
Budget
|
$13,000
|
||||
Web Plan
Our website is already up and
running, but needs to be revamped to give it an updated look and feel, as
well as to add secure interactivity. The content is good -- it just need a
little refresher.
We need:
- New home page design and navigation
- Online reservations capability
- Printable brochure
Website Goals
Our website needs to be able to do
the following:
- Convey our messaging of high quality, luxury business accommodations
- Be indexed on major travel websites so that people find us
- Be able to take reservations online and make changes to reservations online
Website Marketing Strategy
Our main website marketing strategy
hinges upon making sure all major travel sites such as Expedia.com, Orbitz.com,
and Hotels.com list our hotel when customers search for hotels in our area.
Development Requirements
To attain the level of interactivity
we want in our redesign, we need to increase the features allowed (security
for reservations and credit-card processing, daily back-ups, and real-time
database linking) and service-level of our hosting service. This will slightly
increase our monthly hosting fee.
Sally has contracted with
a database developer to update our reservations system to be compatible
with the online reservation requirements. The new website will be ready to
launch in April.