This week’s topics
Market Segmentation, Targeting, and Positioning
- Data-driven customer profiling
- Perceptual mapping and hospitality brand positioning
- Destination marketing strategies
- Contemporary industry consumer trends
- Mod-03 Lec-05 Market Segmentation and Positioning
- 8 Market Segmentation: How to Define Optimal Customer Segments
- 10 Creating Customer Value: Developing a Winning Positioning Strategy
What you will be able to do
- 2.2 Evaluate the importance of strategic marketing for tourism and hospitality organisations.
- 2.3 Analyse the marketing of tourism and hospitality organisations from the perspective of strategic marketing theory.
- 4.2 Research industry sources to identify contemporary strategic management and marketing trends in the tourism and hospitality industry.
Activity
Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: evaluate the importance of strategic marketing for tourism and hospitality organisations.
Study materials
Videos
- 8 Market Segmentation: How to Define Optimal Customer Segments · YouTube · Marketing Insights · 7 min · for registered students
- 10 Creating Customer Value: Developing a Winning Positioning Strategy · YouTube · Marketing Insights · 7 min · for registered students
- New Thinking in Hospitality: How Consumer Trends Have Been Reshaped by 2020 · YouTube · eCornell · 62 min · for registered students
- 6 Strategic Targeting: How to Choose the Right Target Market · YouTube · Marketing Insights · 8 min · for registered students
Further resources
- MIT OpenCourseWare 15.810 Marketing Management (Fall 2010) · Reading · MIT OpenCourseWare, course · for registered students
- UNWTO Guidelines for Institutional Strengthening of Destination Management Organizations (DMOs) (2019) · PDF · Un, guidance · for registered students
- Principles of Marketing, ch. 5: Market Segmentation, Targeting, and Positioning · PDF · OpenStax, textbook chapter; pp. 169–210 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.