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Level 7 Diploma in Tourism and Hospitality Management

Evolution of Strategic Marketing

THM701 · Strategic Management and Marketing — Week 6 of 16

CourseTHM701
Week6 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

Evolution of Strategic Marketing

  1. Shift from transactional to relationship marketing
  2. Service-Dominant Logic (S-D Logic)
  3. Extended services marketing mix (7Ps)
  4. Strategic customer value co-creation
  5. Leading Service Paper Series: Vargo & Lusch "Evolving to a New Dominant Logic for Marketing"
  6. 7Ps Marketing Mix
  7. CIMA E3 Customer relationship management and relationship marketing

What you will be able to do

  • 2.1 Summarise the evolution of the strategic marketing approach.
  • 2.2 Evaluate the importance of strategic marketing for tourism and hospitality organisations.
  • 4.1 Research academic sources to identify appropriate theories and models of strategic management and marketing.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: summarise the evolution of the strategic marketing approach.

Study materials

Videos

  • Leading Service Paper Series: Vargo & Lusch "Evolving to a New Dominant Logic for Marketing" · YouTube · Glenn Parry · 18 min · for registered students
  • 7Ps Marketing Mix · YouTube · Galton College · 15 min · for registered students
  • CIMA E3 Customer relationship management and relationship marketing · YouTube · OpenTuition · 23 min · for registered students

Further resources

  • Trust and commitment influences on customer retention: insights from B2B services · PDF · Reading, article · for registered students
  • Principles of Marketing, ch. 1.6: Customer relationship management · PDF · OpenStax, textbook chapter; pp. 32–34 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: Evolution of Strategic Management
  • Week 2: Macro-Environmental Analysis
  • Week 3: Competitive and Industry Dynamics
  • Week 4: Internal Capabilities and Performance
  • Week 5: Strategic Formulation and Direction
  • Week 6: Evolution of Strategic Marketing
  • Week 7: Market Segmentation, Targeting, and Positioning
  • Midterm: Midterm evaluation
  • Week 9: Strategic Marketing Application and Performance
  • Week 10: Digital Transformation and Industry Trends
  • Week 11: Strategic Synthesis and Sustainable Governance
  • Week 12: Applying Strategic Management and Marketing in practice: ca…
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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