Lesson 3 - THM
Lesson 3 - THM
Lesson 3 - THM
In the past, marketing was associated with only advertising and selling. However, these two
activities are now part of a more complex set of strategic activities that comprise marketing. There
has been a misconception that marketing is a task that is performed solely by account managers and
marketing officers. A highly successful establishment makes marketing a concern not only of guest
contact positions but of each and every employee of the establishment. Costumer’s satisfaction is at
the center of marketing. It is easy to persuade a customer to make the initial purchase, but making
the customers return for more is dependent on his satisfaction from his initial experience.
Marketing’s key functions include marketing information management, financing, pricing, promotion,
product/service management, distribution, and selling, briefly discussed as follows:
Kotler (2010) says that marketing facilitates the exchange process and the development of
relationships by carefully examining the needs and wants of consumers, developing a product/service
that satisfies these needs, offering it at a certain price, making it available through a particular place
channel of distribution, and developing a program of promotion to create awareness and interest.
ACLC COLLEGE OF ORMOC
Lilia Avenue., Brgy. Cogon, Ormoc City
HOSPITALITY MANAGEMENT
Product
Marketing
Place Price
Mix
Promotion
2. Price - is the value that the seller puts on the product or service. This includes the cost of the
product and the profit the seller wishes to make, this is also the amount a customer has to pay
in exchange of the product or service.
ACLC COLLEGE OF ORMOC
Lilia Avenue., Brgy. Cogon, Ormoc City
HOSPITALITY MANAGEMENT
3. Place is the means by which the product or service reaches the consumer.
4. Promotion is the strategic plan by which customers are informed about the product or service
and its value, it also encourages customers to purchase the product or service.
ACLC COLLEGE OF ORMOC
Lilia Avenue., Brgy. Cogon, Ormoc City
HOSPITALITY MANAGEMENT
ASSESSMENT
Identification. Write the correct answer on the space provided.
______________1. This includes gathering information about customers to better serve their needs
and improve decision making.
_______________2. This is an offering that satisfies a consumer’s wants or needs.
_______________3. This involves bringing the products and services to the customers in the best
way possible.
_______________4. This involves the setting up of objectives and an evaluation of the milestones
that the company has reached.
_______________5. This is an amount a customer has to pay in exchange of the product or service.
ILLUSTRATION. Draw and label the Tourism Marketing Mix Diagram. [10]
Rubrics: Diagram – 5 points labels – 5 points