Marketing Strategy
Marketing Strategy
Marketing Strategy
In order to better serve its consumers, Traveloq will concentrate on the middle- and high-income
business and executive class segments. In order for customers to discover more about the app on
desktop or mobile, having a landing page is an essential component of app marketing strategies. Making
timely media contacts is a good move to promote the software and receive free publicity. Building a
community on social media is a terrific approach to obtain input from people who wouldn't be
motivated to contact you through the app or its website. When done successfully, influencer marketing,
which involves using content creators to promote the app (traveloq), can assist communicate the brand's
personality.
Target Market
Professionals, regular travelers (male and female), and youth seeking luggage protection and safety are
the clientele that will be targeted. Both male and female customers will get communications, and the
age range of 18 and above years will be covered taking into account factors like age, career, and income.
Differentiation of Products
One of the major factors anticipated to fuel the growth of the global market is an increase in leisure and
business travel. The rapidly expanding travel and tourism sector in both developed and emerging nations
is one element anticipated to assist the target market's revenue growth. Traveloq's primary features—
GPS tracking, face and fingerprint recognition, a battery and charging port, a camera, and an alarm—
distinguish it from competing products on the market. The distinctive technology behind "Traveloq" will
offer it a competitive edge over competing brands.
Technology-based segmentation
Connectivity
Wifi
Camera (face recognition)
Speaker
Light indicator
Charging Type-C port
Fingerprint
Battery
Required staffing
Operations Manager
Operations management's main purpose is to plan, organize, and strategize everyday tasks and routines.
A well-executed strategy can assist in helping a company accomplish its deadlines and production
targets.
A financial expert who oversees all types of financial accounts for an organization is an accounting
specialist. They maintain accurate records to guarantee that payments are made when due on invoices
and that customers do not overpay for goods or services received.
Marketing Specialist
A marketing expert, they keep an eye on market trends, design advertising campaigns, come up with
pricing and targeting plans based on demographic information, and collaborate with the business to
raise awareness of their products.
Technology Department
The IT director is in charge of determining the organization's technological requirements and offering
upgrade suggestions. They have to identify short-term objectives, including listing the new equipment
that will be installed over the course of the following fiscal year or two.
Salary
Depending on the position held and the duties performed by the staff, the minimum wage would range
from P400 to P500 per day.
If the travel agency employs five people—a manager, a customer service agent, a marketer, an
accountant and finance specialist, and a technology specialist—the monthly wage costs would be
roughly:
In summary, the 6 employees' combined monthly wage costs would be PHP 87,000.00. If the travel
agency is successful, they plan to expand by hiring two more staff members to help with management.