taj group os hotels marketing strategies

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Page 1: Taj group os hotels marketing strategies
Page 2: Taj group os hotels marketing strategies

Product MixProduct Length

Product WidthHotels Catering Luxury StoresTravel

Page 3: Taj group os hotels marketing strategies

Ansoff’s Matrix

Existing Market

New ProductExisting Product

New Market

Page 4: Taj group os hotels marketing strategies

Core Competencies

Page 5: Taj group os hotels marketing strategies

Product Lifecycle

Page 6: Taj group os hotels marketing strategies

INTRODUCTION

TAJ Luxury Residences

GROWTH

Taj Vivanta

MATURITY

TAJ Palaces and Resorts

DECLINE

Ginger

TIME

SALE

S

Page 7: Taj group os hotels marketing strategies

Service Blueprint

Page 8: Taj group os hotels marketing strategies

Marketing Mix:7P’s

Page 9: Taj group os hotels marketing strategies

Promotion: Advertising

Page 10: Taj group os hotels marketing strategies

Promotion: Offers

Page 11: Taj group os hotels marketing strategies

Promotion: Media

Page 12: Taj group os hotels marketing strategies

Promotion: Online Media

Facebook YouTube

Page 13: Taj group os hotels marketing strategies

People

Page 14: Taj group os hotels marketing strategies

Pricing

Page 15: Taj group os hotels marketing strategies

Pricing: Steps

Page 16: Taj group os hotels marketing strategies

Pricing: Strategies

Brands Rates Strategy

TAJ Hotels 13250 Skimming

Vivanta by TAJ 10500 Competition

The Gateway Hotels

6500 Psychological

Ginger Hotels 3500 Penetration

Page 17: Taj group os hotels marketing strategies

Price vs Service LevelP R I C E

SERVICE

ModerateHigh

OBEROI

THE GRAND HYATT

J W MARRIOTT

ORCHID

TAJ MAHAL

Page 18: Taj group os hotels marketing strategies

Locations of Taj Hotels in India

Place

Page 19: Taj group os hotels marketing strategies

Taj Umaid Bhawan Palace, Jodhpur

Taj Lake Palace Hotel, Udaipur

Page 20: Taj group os hotels marketing strategies

Taj Mahal Palace, Mumbai

Taj Mahal Hotel,New Delhi

Page 21: Taj group os hotels marketing strategies

Taj Exotica Resort & Spa, Maldives

Taj Blue Sydney, Australia

Page 22: Taj group os hotels marketing strategies

Physical Evidence

Page 23: Taj group os hotels marketing strategies

Private Dining Space

Larger than lifeTaj Lobby

Page 24: Taj group os hotels marketing strategies

Banquets & Events

Taj Traditional Welcome Drink

Page 25: Taj group os hotels marketing strategies

Moment of Truth / Service Encounter

Page 26: Taj group os hotels marketing strategies

Segmentation

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Segmentation

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Selective SpecializationUpscale Mid Scale Economy

Vivanta by Taj

Gateway

Ginger

Market SpecializationUpscale Mid Scale Economy

Taj Exotica

Vivanta by Taj

Taj Mahal Palace

Page 29: Taj group os hotels marketing strategies

Single Segment Concentration Leisure Eco-tourists Affluent Business

Taj Luxury Residences

Taj Safaris

Ginger

Product SpecializationLeisure Business Events

Taj Mahal Palace

Taj Safaris

Ginger

Page 30: Taj group os hotels marketing strategies

Brand Mantra

Points of Parity

Points of Difference

SubstantiatorsRTB

Values/Personality/Character

Executional Properties/Visual Identity

Charming, progressive, contemporary &

traditional

Consistent service & message

Variety of Rooms

Highly acclaimed loyalty program

Restaurants & Bars

BusinessCentre

Focus ontradition

Tracking of guest

satisfactionscores

Nimble & agile

Differentiated guest

experiences

Top HR reputation

Modern day traveler

Upper Class

Affluent business traveler

Executive

Reinventing tradition

Stylishly spirited

Welcomes perfection

Consumer Target

SEC A1, A2

Consumer Insight

Convenient access to top notch

luxury while traveling

Consumer Need State

Need the perfect stay

Competitive Product Set

International players, upcoming local luxury hotels

Consumer TakeawayTaj is the one-stop brand for

all the consumer’s

needs

Radiant

Page 31: Taj group os hotels marketing strategies

Differentiation: Means

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Employee Differentiation

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Channel Differentiation

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Image differentiation

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Service Differentiation

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SWOT Analysis:

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Service Triangle

External Marketing“making the promise”

Interactive Marketing“delivering the promise”

Internal Marketing“enabling the promise”

Page 38: Taj group os hotels marketing strategies

CUSTOMER RELATIONSHIP MANAGEMENT

Page 39: Taj group os hotels marketing strategies

CRM Tools: Currently in Use

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Loyalty Programs

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