What is the problem? 4% 96% MARKET SIZE The Imperial Other hotels 9% 91% MARKET SIZE The Imperial Other hotels 1920 1950s The market size grew but the imperial market share went down because it didnt renovate Strategic alliance with KenSafar ! Two-week package tour ! 3 nights at The Imperial (Adjust to time zone and climate) ! 7 days in the Safari ! 4 more night at The Imperial (Rest before going home)
The requirements ! Improvements in the appearance of the hotel. ! Pay KenSafar a 20% of the clients booking this option. ! Undertake a marketing audit. Improvements in the appearance of the hotel ! Re-paint the whole hotel walls ! Give the option of theme rooms ! WI-FI access in all the hotel ! Renew useless rooms into massage rooms ! Renew the swimming pool and put a jacuzzi ! Turn the restaurant into a buffet Undertake a market Audit ! What is a market audit? ! Analysis and evaluation of a firms marketing approach, activities, aims and results achieved ! When would we make the audit? ! When all the improvents are done. ! Then we will put advertising around travelling agencies of all around the world. ! After making all this and obtaining our new clients we will take the market audit. Marketing Mix PLACE PRICE PROMOTION PRODUCT PRODUCT BEFORE: As many days in the hotel as you wanted (normal hotel) WE WERE HERE PRODUCT 7 DAYS IN A HOTEL & 7 DAYS IN SAFARI INTRODUCTION PRICE Normal room + Safari ! 91,50$ + 30% / per night ! 500$ of Safari Suite + Safari ! 310,80$ + 30% /per night ! 500$ of Safari PLACE ! VERY CENTRIC ! PERFECT LOCATION PROMOTION ! NEW ANOUNCEMENT: The Imperial has come back ! We will promote ourselves in the travel agencies. ! Travel agencies = target costumers (travellers) C O N C L U S I O N