cto workshop december 10.ppt.tyronne clarke

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  • 8/3/2019 CTO Workshop December 10.Ppt.tyronne Clarke

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    Use of Available Tourism Data

    for Marketing Research & Policy

    Tyrone Clarke

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    Definition of Marketing

    Marketing consists of the strategies and tactics usedto identify, create and maintain satisfyingrelationships with customers that result in value forboth the customer and the marketer.

    A social and managerial process by whichindividuals and groups obtain what they need andwant through creating and exchanging products andvalue with others (Kotler, 1988,p.3)

    The management process responsible foridentifying, anticipating and satisfying customersrequirements profitably (CIM, 1984)

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    The need for meaningful Research

    Before committing to the complexities and costs inherent inexporting our tourism services, it is absolutely essential that weundertake some degree of research to better understand the foreignmarkets that we will be competing in and the consumers to whomwe will be selling.

    It is important that this research is meaningful; simply compilingstatistics and other facts about a market without any purpose, is oflimited value.

    Any information that we collect needs to be compared, interpretedand conclusions drawn.

    Our marketing research activities should be planned and practicalexercises leading to specific decisions that drive our marketingstrategies.

    There is a plethora of data available

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    Market research versus marketing research

    Market researchis about understanding the broadermarketplace in which we intend to compete.

    Marketing research, on the other hand, is aboutunderstanding what 'package' of marketing elements (i.e.

    the product, price, promotion and distribution factors) thecountry will need to put together in order to meetcustomer needs and to succeed in the marketplace.

    Market research is the more encompassing/broaderconcept of understanding the market environment inwhich you will be competing, while marketing research isthe more specific/focused view of consumer needs andbehaviour.

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    Gaining an Information Advantage

    In its role as the foundation of marketing, marketing research isarguably marketings most important task. Today marketersnot only view research as a key ingredient in making marketingdecisions they also consider information to be a critical factorin gaining advantage over competitors. Because organizationsrecognize the power information has in helping create andmaintain products that offer value, there is an insatiableappetite to gain even more insight into customers andmarkets.

    Marketers in nearly all industries are expected to direct moreresources to gathering and analyzing information especially in

    highly competitive markets. In conducting our research we also test concepts against our

    competitors in order to gain further insights as to what sets usapart and play to those strengths

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    Cost Implications

    While research is key to marketing decision making,it does not always need to be elaborate to beeffective. Sometimes small efforts, such as doing aquick search on the Internet, will provide the needed

    information. However, for most marketers there are times when

    more elaborate research work is needed andunderstanding the right way to conduct research,whether performing the work themselves or hiring

    someone else to handle it, can increase theeffectiveness of these projects.

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    Marketing Decision Types of Research

    Target Markets- sales, market size; demand for product, customer characteristics, purchasebehavior, customer satisfaction, website traffic

    Product- product development; package protection, packaging awareness;brand name selection; brand recognition, brand preference, product positioning

    Distribution distributor interest;

    Promotion advertising recall; advertising copy testing, sales promotion responserates, sales force compensation, traffic studies (outdoor advertising),public relations media placement

    Pricing price elasticity analysis, optimal price setting, discount options

    External Factors competitive analysis, legal environment; social and cultural trends

    Other company image, test marketing

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    E/D Card

    The E/D card is a rich source of data fortourism purposes. Serving both theoperational and policy aspects of the

    tourism industry. The Caribbean is in an advantageous

    position compared to larger countries whoutilize passenger surveys to estimatetourist counts versus the Caribbean whereour data is virtually census data.

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    E/D Card

    Every permutation of data from the E/Dcard is useful.

    Apart from the tourists count, this data canbe used for marketing purposes

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    E/D Card

    Today regional governments heavilysubsidize airline carriers into the region.

    Therefore it is imperative that

    governments understand the implicationsof their investments

    Data from the E/D cards can aid in

    determining this kind of investment Airline load factors Occupancies for hotels

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    E/D Card

    Following trends from the E/D cards canalso guide in the development of supply interms of room stock.

    i.e if there is a heavy leaning towards aparticular type of product then countriescan invest in this type of product

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    Survey Data

    Types of surveys

    Visitor Exit Surveys

    Travel agent surveys

    Delphi pannel

    Hotel Registration information

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    The New Technology

    The Blogs (trip advisor) can also provide a richsource of data for both the private sector as wellas government agencies.

    The private sector can use the feedback from

    these sites to improve on product deficiencies Government can use this information as a

    feedback mechanism to ensure that productofferings are consistent with where the country

    promotes itself In addition, rich content for advertising can comefrom this unsolicited source of data

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    The New Technology

    The internet has facilitated competitive analysiswhich would have been very difficult years ago.

    Tour operator /travel agent websites, airlinewebsites, travel sites all provide competitive

    analysis on where countries are currently tradingcompared to other destinations.

    Monitoring these sites consistently can alsoprovide insight as to the state of the market at

    over time i.e a plethora of special promotions inthe market would suggest difficult times fordestinations and can trigger further marketstimuli on the part of the destination

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    Target Markets

    UK total population 60.9 million

    USA population 305 million

    Canada population 33 million

    CARICOM population 16 million

    China population 1.3 billion

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    Defining the target Market

    We have used segmentation studies in allour major markets

    USA- PRIZM

    UK ACORN

    CANADA PRIZM

    EUROPE in process CARICOM basic data

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    Segmentation Analysis

    Addresses four fundamental marketingquestions

    Who are the target you want to reach?

    What are they like?

    Where do they live?

    How can we reach them most cost

    effectively?

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    PRIZM ANALYSIS

    The strategy for identifying our marketingtargets is based on two tried and trueobservations

    The customers of our product are existingcustomers

    Birds of a feather flock together

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    PRIZM ANALYSIS

    Methodology

    Data Collected from E/D cards

    Names and addresses of all USA customers

    All duplicates removed from dataset

    All VFR travelers removed from dataset

    Total unique households

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    Who are the targets

    US visitors are predominantly upscale and live inneighborhoods that run the gamut from urban torural

    66.4% of all US visitors fall within 40% of USbase household count (first 2 quintiles) 42.6 % of US visitors fall into first quintile (20% of

    total)

    Second Quintile contains 23.9% of all USA visitors toBarbados

    1.63 times as likely to reach our target audiencewithin this group

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    Game Plan CategoriesExpansion Core

    Index 100

    NonTarget Conversion

    Percent of

    US Visitors 1.61% Game Plan Categories:

    Core. There is a large proportion of customers in these clusters and households are more likely than average to be

    customers. Expansion. Households in these clusters are more likely to be customers, but there are not many of them in either

    the customer population or the base population.

    Conversion. Conversion clusters contain a significant proportion of customers; however, they represent an even

    larger proportion of the base population. Therefore, indices suggest they are less likely than average to be customers.

    Since these clusters represent a significant portion of total customers, they do have potential. However, because of their

    under representation with respect to the base population, there are many households that have not been reached yet.

    Target marketing strategies designed specifically for these clusters may attract or convert non-customers into the Core

    group.

    NonTarget. NonTarget clusters account for a small proportion of customer households, and indices suggest

    they are less likely than average to be customers. These clusters may require further analysis for classification due to

    their small numbers.

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    US Visitors

    Target

    Category

    Number of

    Clusters

    Percent of

    Base

    Households

    Percent

    of

    US

    Visitors

    Index

    Core 17 37.17 62.90 188

    Expansion 2 1.48 1.51 103

    Conversion 4 11.76 11.11 94

    NonTarget 39 49.58 24.49 49

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    Tourism Authoritys-US Visitors Target Groups

    Percent of US Visitor % Comp Index

    Older Wealthy Couples 15.8 232

    Wealthy Midlife Families 12.42 204

    Young Professionals 11.93 199

    Older Upper-mid Mix 17.55 157

    Young Urban Mix 8.04 110Non target 34.87 55

    Percent of Base Households % Comp Household input

    Older Wealthy Couples 6.53 4,765,999

    Wealthy Midlife Families 6.1 4,449,718

    Young Professionals 5.99 4,372,342

    Older Upper-mid Mix 11.19 8,160,246Young Urban Mix 7.33 5,350,296

    Non target 62.86 45,856,109

    Percent of US Visitor

    16%

    12%

    12%

    17%8%

    35%

    Older Wealthy Couples

    Wealthy Midlife Families

    Young Professionals

    Older Upper-mid Mix

    Young Urban Mix

    Non target

    Percent of Base Households

    7% 6%6%

    11%

    7%63%

    Older Wealthy Couples

    Wealthy Midlife Families

    Young Professionals

    Older Upper-mid Mix

    Young Urban Mix

    Non target

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    COREGROUP

    Social

    Group

    Lifestage

    Group Cluster Nickname

    Base

    Households

    % Comp

    US VisitorAnalysis

    2000-2004

    % Comp Index

    S1 M1 1 Upper Crust 2.21 6.37 288

    S1 F1 2 Blue Blood Estates 1.40 3.80 270

    S1 Y1 3 Movers & Shakers 2.29 5.05 220

    U1 Y2 4 Young Digerati 1.79 5.20 290

    T1 F1 5 Country Squires 2.38 5.07 213S1 F1 6 Winner's Circle 1.48 2.61 177

    U1 M1 7 Money & Brains 2.93 6.61 226

    S2 Y1 8 Executive Suites 1.57 2.07 132

    T1 M1 9 Big Fish, Small Pond 2.03 3.76 185

    C1 M1 10 Second City Elite 1.56 2.18 140

    T1 Y1 11 God's Country 1.92 3.19 166

    C1 Y1 12 Brite lites, Li'l City 1.99 2.18 109

    S2 M2 14 New Empty Nests 1.46 1.70 117

    S2 M2 15 Pools & Patios 1.69 1.95 115

    U1 Y2 16 Bohemian Mix 2.63 4.66 177

    U1 M2 26 The Cosmopolitans 1.62 1.91 118

    U1 F2 29 American Dreams 2.90 3.37 116

    U2 Y2 31 Urban Achievers 2.44 2.49 102

    TOTAL 36.31 64.18 177

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    Expansion

    Social

    Group

    Lifestage

    Group Cluster Nickname

    BaseHouseholds

    % Comp

    US Visitor

    Analysis2000-2004

    % Comp Index

    T1 F2 20 Fast-Track Families 0.84 0.94 113

    TOTAL 0.84 0.94 113

    Social

    Group

    Lifestage

    Group Cluster Nickname

    Base

    Households

    % Comp

    US Visitor

    Analysis

    2000-2004

    % Comp Index

    C1 F2 13 Upward Bound 2.04 1.93 95

    S2 F2 18 Kids & Cul-de-sacs 2.04 1.71 84

    S2 Y1 19 Home Sweet Home 2.34 1.82 78

    T2 M2 28 Traditional Times 1.99 1.72 86

    U3 M4 59 Urban Elders 1.78 1.75 98

    TOTAL 10.19 8.93 88

    F i T G

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    Forming Target GroupsTarget groups were

    formed by selecting those

    clusters that indexed

    above (100+) and

    grouping those with

    similar demographic and

    socio economiccharacteristics.

    Target groups account for65% of all US visitors to

    the island and 37% of the

    USA household counts

    Nickname Count % Comp Count % Comp %Pen Index

    Upper Crust 1,613,101 2.21 12,047 6.37 0.75 288

    Movers & Shakers 1,672,033 2.29 9,545 5.05 0.57 220

    Big Fish, Small Pond 1,480,865 2.03 7,111 3.76 0.48 185

    Older Wealthy Couple 4,765,999 6.53 28,703 15.18 0.60 232

    Blue Blood Estates 1,024,348 1.40 7,179 3.80 0.70 270

    Country Squires 1,736,830 2.38 9,583 5.07 0.55 213

    Winner's Circle 1,077,838 1.48 4,942 2.61 0.46 177

    Fast-Track Families 610,702 0.84 1,782 0.94 0.29 113

    Wealthy Midlife Famili 4,449,718 6.10 23,486 12.42 0.53 204

    Young Digerati 1,308,793 1.79 9,828 5.20 0.75 290

    Bohemian Mix 1,919,575 2.63 8,818 4.66 0.46 177

    Executive Suites 1,143,974 1.57 3,912 2.07 0.34 132

    Young Professionals 4,372,342 5.99 22,558 11.93 0.52 199

    Money & Brains 2,136,713 2.93 12,496 6.61 0.58 226

    God's Country 1,402,639 1.92 6,032 3.19 0.43 166

    Second City Elite 1,138,957 1.56 4,130 2.18 0.36 140The Cosmopolitans 1,183,871 1.62 3,615 1.91 0.31 118

    New Empty Nests 1,063,372 1.46 3,218 1.70 0.30 117

    Pools & Patios 1,234,694 1.69 3,692 1.95 0.30 115

    Older Upper-mid Mix 8,160,246 11.19 33,183 17.55 0.41 157

    American Dreams 2,115,686 2.90 6,379 3.37 0.30 116

    Brite Lites, Li'l City 1,455,404 1.99 4,125 2.18 0.28 109

    Urban Achievers 1,779,206 2.44 4,702 2.49 0.26 102

    Young Urban Mix 5,350,296 7.33 15,206 8.04 0.28 110

    Base Households US Visitor Analysis 2000-2004

    Older Wealthy Couples

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    PRIZMNE Clusters

    Life-

    stage

    Group

    Social

    Group

    Base

    Households

    %Comp

    US Visitor

    Analysis

    2000-2004

    %Comp

    US Visitor

    Analysis

    2000-2004

    Index

    1 Upper Crust M1 S1 2.21 6.37 288

    3 Movers & Shakers Y1 S1 2.29 5.05 220

    9 Big Fish, Small Pond M1 T1 2.03 3.76 185

    TOTAL 6.53 15.18 232

    1) Older Wealthy Couplesare predominantly middle-aged and older married couples living

    in expensive, single-unit homes. There is a somewhat higher than average Asianrepresentation in these households. These comfortable couples tend to be college-educated,often with advanced degrees, and hold white-collar occupations with high incomes. Themedian household income for this target group is $89,930. Older Wealthy Couples enjoytravel, and are likely to be members of any frequent flyer program. When travelingdomestically, they are likely to use Continental Airlines and visit Maine, New Hampshire, orVermont. International travel destinations likely include European countries such as Spain,Portugal, Ireland/UK, France, or Italy.

    Older Wealthy Couples are also...More Likely to... Less Likely to...

    Have Household Income $500,000+ Have a Home Valued

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    Wealthy Midlife Families

    PRIZMNE Clusters

    Life-stage

    Group

    Social

    Group

    BaseHouseholds

    %Comp

    US Visitor

    Analysis2000-2004

    %Comp

    US Visitor

    Analysis2000-2004

    Index

    2 Blue Blood Estates F1 S1 1.40 3.80 270

    5 Country Squires F1 T1 2.38 5.07 213

    6 Winner's Circle F1 S1 1.48 2.61 177

    20 Fast-Track Families F2 T1 0.84 0.94 113

    TOTAL 6.10 12.42 204

    2) Wealthy Midlife Familiesare predominantly middle-aged (35-54) married couples withchildren living in expensive single-unit homes. These affluent households have a slightlyhigher than average Asian representation. Adults in this group tend to have earned bachelorand graduate degrees and hold a variety of white-collar occupations with high incomes. Themedian household income for households in this group is $92,915. Wealthy Midlife Familiestravel regularly and are likely to be members of Delta or USAirs frequent flyer programs.Their last trip was likely to have been domestic travel for business purposes and they tend totravel by airplane on domestic business trips three or more times a year.

    Wealthy Midlife Familiesare also...More Likely to... Less Likely to...

    Have EBI $500,000+ Live in a Multi-Unit Structure

    Have Household Income $500,000+ Have a Home Valued

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    Young Professionals

    PRIZMNE Clusters

    Life-stage

    GroupSocialGroup

    BaseHouseholds

    %Comp

    US Visitor

    Analysis2000-2004%Comp

    US Visitor

    Analysis2000-2004

    Index

    4 Young Digerati Y2 U1 1.79 5.20 290

    8 Executive Suites Y1 S2 1.57 2.07 132

    16 Bohemian Mix Y2 U1 2.63 4.66 177

    TOTAL 5.99 11.93 199

    3) Young Professionalsare predominantly younger (

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    Older Upper-mid Mix

    PRIZMNE Clusters

    Life-stage

    GroupSocialGroup

    BaseHouseholds

    %Comp

    US VisitorAnalysis

    2000-2004%Comp

    US VisitorAnalysis

    2000-2004Index

    7 Money & Brains M1 U1 2.93 6.61 226

    10 Second City Elite M1 C1 1.56 2.18 140

    11 God's Country Y1 T1 1.92 3.19 166

    14 New Empty Nests M2 S2 1.46 1.70 117

    15 Pools & Patios M2 S2 1.69 1.95 115

    26 The Cosmopolitans M2 U1 1.62 1.91 118

    TOTAL 11.19 17.55 157

    4) Older Upper-mid Mixare predominantly older (45+) singles and couples living in single-unit homes. There is a higher than average Asian representation within these households.They are likely to have bachelor or advanced degrees and are employed in white-collaroccupations. The median household income for this group is $71,025. Members of OlderUpper-mid Mix are likely to stay at a Hilton on vacation, be a member of Deltas frequentflyer program, and visit Orbitz.com. Likely travel destinations include Spain/Portugal,Ireland/UK, France, and the U.S. Virgin Islands. Airlines for international travel tend toinclude Continental and Delta.

    Older Upper-mid Mix are also...

    More Likely to... Less Likely to...

    Have Household Income $500,000+ Have a Home Valued

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    Young Urban Mix

    PRIZMNE Clusters

    Life-

    stageGroup

    SocialGroup

    Base

    Households%Comp

    US VisitorAnalysis

    2000-2004%Comp

    US VisitorAnalysis

    2000-2004Index

    12 Brite Lites, Li'l City Y1 C1 1.99 2.18 109

    29 American Dreams F2 U1 2.90 3.37 116

    31 Urban Achievers Y2 U2 2.44 2.49 102

    TOTAL 7.33 8.04 110

    5) Young Urban Mixare predominantly singles and couples under age 45 living in multi-unithousing in urban areas. These young urbanites have a higher than average likelihood ofbeing Asian or Hispanic. They tend to be college educated and are employed in white-collarand sales/office administration occupations with midscale incomes. The median householdincome for this target group is $49,800. Members of Young Urban Mix tend to eat at avariety of restaurant chains, including Arthur Treacher, Roy Rogers, Boston Market, andRomanos Macaroni Grill. They are likely to travel domestically on American or United

    Airlines and belong to Columbia House or a classical music club.

    Young Urban Mix are also...

    More Likely to... Less Likely to...

    Live in a Structure with 20-49 Units Have Farm/Forest/Fishing Occupations

    Use Public Transportation Live in a Mobile Home or Trailer

    Commute by Bicycle Have a Home Valued

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    Where are the targets?

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    How can I reach them?

    Likely Media Usage Habits by Target Group

    1. Older Wealthy Couples

    Classical Radio All News Radio

    All Sports Radio Newspaper, Business/Finance Section

    Yellow Pgs for Landscape/Garden/Tree Svc News/Talk Radio

    2. Wealthy Midlife Families

    Yellow Pgs for Building/Construction Supply Yellow Pgs for ElectriciansYellow Pgs for Furniture Stores Yellow Pgs for Landscape/Garden/Tree Svc

    Newspaper, Business/Finance Section Yellow Pgs for Auto Dealer/Sales

    3. Young Professionals

    Source for TV Program Info, Internet Watch VH1

    Jazz Radio Alternative Radio

    Watch BET Watch BBCAmerica

    4. Older Upper-mid Mix

    Yellow Pgs for Travel Agents Alternative Radio

    Classical Radio All Sports Radio

    MOR/Nostalgia/Big Band Radio All News Radio

    5. Young Urban Mix

    Source for TV Program Info, Radio Alternative Radio

    Urban Contemporary Radio Spanish Radio

    Use Online Svc for Listen to Internet Radio Radio, NBA Regular Season

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    How can I reach Them?Magazines Television Programs

    1. Older Wealthy Couples

    Washington Post, Daily & Sunday The West Wing

    Wall Street Journal, Daily US Open, Mens Tennis

    Fortune Ed

    Architectural Digest CNBC, Kudlow & Cramer

    Business Week CNBC, Louis Rukeysers Wall Street

    2. Wealthy Midlife Families

    Traditional Home Celebrity Mole

    Wall Street Journal, Daily MSNBC, MSNBC Live with Lester Holt

    Food & Wine FOX News, Fox Report w/Shepard Smith

    Money CNBC, Kudlow & Cramer

    SmartMoney Peoples Choice Awards

    3. Young Professionals

    New York Times, Daily & Sunday Access Hollywood (S)

    Fortune Travel, Travel Channel Secrets

    Los Angeles Times, Daily & Sunday VH1, VH1 All Access

    Scientific American MTV, Road Rules

    Washington Post, Daily MTV, Sorority Life

    4. Older Upper-mid Mix

    The New Yorker Kennedy Center HonorsScientific American CNBC, Closing Bell

    Fortune CNN, Lou Dobbs Moneyline

    New York Times, Daily & Sunday NHL Playoffs/Finals

    Money CNBC, Louis Rukeysers Wall Street

    5. Young Urban Mix

    Los Angeles Times, Daily & Sunday Nick at Nite, Family Ties

    Chicago Tribune, Daily Soul Train Music Awards

    Vanity Fair BET, Rap City

    Elle Grammy Awards

    GQ Malcolm in the Middle

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    Why segmentation

    Segmentation and target marketing arecentral to our marketing strategy

    Different customer groups require the correct

    marketing mix to suit their individual needs

    NTAs operate on a limited budget which hasto serve all major markets and therefore

    targeting ensures an effective allocation ofresources in areas with a high potential forconversion

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    Product

    The effectiveness of planning themarketing mix depends as much on theability to select the right target markets as

    on devising a product which will generatehigh levels of satisfaction.

    Tourist have to believe that the productoffers high value.

    There should be continuous monitoring ofproduct via exit surveys

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    Product

    The BTA consistently monitors thecompetition to ensure that ourservices are amenities beingoffered are consistent with marketnorms and encourage the localsuppliers to enhance theirproducts to reflect this.

    Research will also developstrategies to lift the quality ofproducts and services beingoffered on island and raising thenational standards. ZAGAT AAA

    Monitor the quality of all thecomponents of the product andprovide feedback to suppliersfalling below the standards.

    Duty free sector Cleanliness drive

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    Brand Image

    In order to effectivelysell and promote acountry we need tounderstand theconsumers perceptionof the destination anddetermine what points ofdifferentiation set the

    island apart from thecompetition

    Conducting brand auditsstarting with theperceptions of currentcustomers

    Barbados for exampletrades on Friendliness,safety and security

    The island that works.

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    Price

    Extremely challenging for a destinationmarketing organization as they do notcontrol any inventory

    We cannot tell a supplier to sell hisproduct at any specific price even if itspriced above where it should be.

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    What do we do with Price

    Develop structured or informal relationships with travel tradepartners who have a ready supply of data available

    They supply relevant market intelligence regarding the pace ofbookings and what is being offered in the market i.e value for money

    Conduct scans of the market as well as economic conditions todetermine what national efforts need to be undertaken and whatwould constitute a compelling offer.

    Several of these initiatives have been instituted within recent yearswithin the region. However, there is a function for researchers todetermine the success rate as well as the ROI. The use of E/Dcards as well as Exit surveys extremely important in theseevaluations

    In order to determine this we have to determine the correct timing forthe offer i.e the booking cycles of the consumer.

    In determining the offer we calculate the return on investment toensure its feasibility and benefits to the country.

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    Advertising &Promotion

    Consistently conduct researchto monitor our advertising andPR efforts in all markets

    Consistently word of mouth

    ranks very high as a PRvehicle for Barbados.Suggesting the need to ensurethat the product is correct.

    In recent years, use of theinternet has been veryimportant trend for Barbados.

    Traditional media have beendiminishing in effectiveness

    Have therefore reoriented ourcommunications efforts toreflect the changingenvironment

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    Testing of Concepts

    Before launching anycampaign it is testedeither through focus

    groups or morerecently we haveembraced the newtechnologies to test

    our concepts toensure that themessage is mosteffectively

    communicated

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    Distribution

    Again simple questions on the exit survey can provideuseful insights into the distribution channels

    USA

    BOOKING CHANNELS

    TOUR OPER.

    WEBSITE

    6%

    TRAVEL AGENCY

    WEBSITE

    2%

    HOTEL RESERV.

    WEBSITE

    7%

    HOTEL RESERV.

    14%

    TOUR OPERATOR

    6%

    ONLINE AGENCY

    35%

    TRAVEL AGENCY

    30%

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    Website Customer tracking

    Enhanced Tracking - The Internet offers an unparalleled abilityto track and monitor customers. Each time a visitor accessesour website they provide us with extensive informationincluding how they arrived at the website (e.g., via a searchengine) and what they did when on the website (e.g., whatproducts were investigated).

    This information is being used in the redevelopment of our newsite and to provide information on interest of the consumer sothat the relevant content is added to the website

    Research Tools A large number of Internet services haveadded options for conducting research. These include theubiquitous search engines, tools for conducting online

    surveys, and access to large databases containing previousresearch studies (i.e., secondary research).

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    Forecasting

    Tourism is a highly perishable commodity. Aroom or airline seat not sold today cannot besold tomorrow

    This highlights the need for accurate forecasting

    as it has implications for jobs and the generalhealth of the economy as tourism is the mainengine of growth for many islands within theregion

    Countries can be proactive in devising strategiesin the event of fall off in business.

    The data from the E/D cards is useful as well asinformation from travel partners

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    Forecasting

    The BTA reported this to the government forplanning purposes.

    This has resulted in a US$15 million fund being

    established to aid properties and attractions indistress due to the economic fallout

    This will minimize job losses and to try toprevent any major downturn in the economy

    from the tourism sector as it is heavily tied to theother sectors of the economy

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    Rationale for Events

    In order to maximize the marketing spend it isfelt that events with significant televisioncoverage can provide a destination withadvertising and promotional opportunities which

    we could not have otherwise afforded. The combined effect of a number of these

    events in the right segments can raise thedestination profile.

    Finally, the additional visitation for the eventscan boost the immediate needs of the industry.

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    Evaluation of Proposal

    The evaluation of all proposals should beconducted based on the informationsources available

    This should be done with a ROI on theseevents in mind. Must provide a minimum return of 20:1 to be a

    viable option

    Coverage of the event must be significantband in line with the image and profile ofBarbados.

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    Event Evaluation

    Focus testing and surveys of participantsto help with future events

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    ICC World Cup

    Delivered in numbers for the islandsurpassing the ROI required

    Significant coverage but in areas where

    the number of tourist not significant tobarbados

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    Other Events

    At this time not viable as the profile ofclients not necessarily Barbados clients

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    Conclusion

    Destination marketing and planning for theBarbados Tourism Authority involves interactionwith various publics from the both from the

    supply side and the demand side and protectingtheir interest.

    It is imperative that the relevant information tomake sound decisions is available and that

    actions are taken in the most cost effective wayto the benefit of Barbados as a whole.

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    QUESTIONS