Marketing Principles Essay Example | Topics and Well Written Essays - 750 words

Marketing Principles - Essay Example These approaches include effective competition through production of superior commodities cost effectively. Key marketing activities involves identifying exceptional consumer needs and tailoring products or services that will best serve their needs (Nellis & Parker, 2006, p). Therefore, producers should scrutinize the available market and identify deficiencies in order to design unique product for that specific market or create a new market for the available products. The marketers should ensure they design goods for specific groups because different people have different requirements for the same products. The products should be designed differently in terms of colour, packaging, size and pricing among other features to meet varying consumer tastes (Fuller, 1997, p.13). For example, Wilkinson has different products for different categories of consumers. This enables them to cover wider market and make greater revenue due to increased sales. Similarly, by designing their products dif ferently, the company is able to satisfy the needs of different clients more effectively. Marketers design marketing activities to satisfy different aspects of consumers needs. These include Products, Price, Place, Promotion, People, Positioning and packaging (Parkin, 2002, p.6). Consumers buy products and services for various reasons and for different purposes. Marketers should understand the needs for consumers in order for them to sell those commodities which consumers want most. They should carryout informative campaign to let consumers know that the products they require are available, and at what price, how to use them (Hill, 1998, p.13). The promotion activities should aim to influence consumer conduct by making them feel that certain product is capable of satisfying a specific need which other products from different sellers are not able to satisfy. Wilkinson has been facing stiff rivalry from other retailer in UK especially supermarket. They have reacted to this rivalry by designing new products for different market (Business Case Studies LLP, 2013). Their main targets today are students hence they are designing products which are more appealing and preferred by students (Dicken, 1998, p. 5). The marketers should ensure the product or services they offer are within the proximity of the potential consumers. For example, in Business Case Studies LLP (2013), Wilkinson has established their outlets close to learning institutions to ensure that students are able to get their products near their institutions when they need them. Wilkinson products are lowly priced to ensure they overcome rivalry and entice the student population in their business. Those products are attractively package to appear presentable to student consumers. Companies should develop different approaches to create, sustain and expand the market of their commodities in order to overcome their rivals in the same market. To achieve this, companies should ensure they have a wide range of co nsumer products in the market in order to win clients from different backgrounds. Wilkinson reacts to varying consumer needs as a retailer of various commodities like food, home, garden, office, and health and beauty products (Business Case Studies LLP, 2013). They sell groceries and supermarket goods to ensure clients get varieties of consumer goods under one roof. When developing a

Responsible tour operators are changing the way we travel to what Essay

Responsible tour operators are changing the way we travel to what extent can this be proved - Essay Example With the growing importance of the lifestyle market, tourism and travel create the desired lifestyle and personal enhancement rather than many other lifestyle products. Consequently, destination marketing organizations would have to reinvent themselves to create holiday experiences in relation to the changing requirements of customers. Thesis Statement: The purpose of this paper is to investigate the extent to which responsible tour operators are changing the way we travel. The Background to Tourists’ Orientation For Responsible Tourism Nearly twenty-five years ago, Krippendorf (1987) argued for responsible tourism, using the theory of Maslow’s pyramid of needs. He predicted that there would be an increase in â€Å"emancipated tourists†, who once their needs for physical sustenance through sleeping, eating and drinking were fulfilled in a recreational manner, they would seek emotional recreation by undertaking activities and experiences not available to them in e veryday life. Consequently, tourists would seek experiences of social contact with other people and â€Å"self realization through creative activities, knowledge and exploration† (Krippendorf 1999: 74). ... This trend is based on the larger shift in consumer preferences towards the purchase of green products which do not adversely affect the environment in their production processes, and ethically traded products based on fair trade practices and corporate social responsibility. Recent survey evidence (King 2002) confirms changes in consumer attitudes in the context of wider market trends towards more ethical consumerism in the United Kingdom. Campaigns undertaken by Voluntary Service Overseas (VSO) and Tearfund helped to increase the orientation towards responsible and ethical tourism as a market segment. Responsible Tourism Responsible tourism involves a proactive approach by tourism industry partners to â€Å"developing, marketing and managing the tourism industry in a responsible manner so as to create a competitive advantage† (Pennington-Gray, Reisinger, Kim et al 2005: 266). Responsible tourism is a management strategy that includes planning, management, product development and marketing to bring about positive economic, social, cultural, and environmental effects. This type of tourism promotes responsibility to the environment through sustainable measures, as well as involving local communities in the tourism industry. Additionally, responsible tourism is focused on the safety and security of a visitor. Government agencies, employees of the tourism industry and those outside the industry, as well as members of the local communities together hold the responsibility. Besides environmental sustainability and the safety and security of visitors, other aspects include culturally responsible tourism which contributes to mutual understanding and respect