Thames valley university                                                  principles of marketing

                   PRINCIPLES OF MARKETING

                                 CASE STUDY

                        MARKETING RESEARCH

                               KINGS HOTEL

                       NAME: NOMAN AHSAN

             

                                   ID: 9658008

             MODULE LEADER: VIV KRIEFMAN

 

I have chosen this particular case study because my main interest in this course is marketing research. Marketing research is broader and is about reaching the whole of a company marketing activities. In some organizations such research would probably includes monitoring the effectiveness of its advertising intermediaries and pricing position.

  1. What marketing problems is this research trying to help solve?

 Because there is not only one problem the king’s hotel have got right now. The research is trying to solve many of the problems and those are

 

Customer needs

Targeting.

Pricing.

Promotion.

                  The first and the most important thing is advertisement because advertisement is the most important step in any kind of business and right there the advertisement they are doing is having a multi language brochure, have a good relationship with the Krakow tourist office and some posters at the local airport this is what they have got and obviously this is not good enough advertisement especially with the hotel which have got bad image and which is based in the center of the Krakow in Poland. Manager needs to adopt method of advertisement like media, radio, T.V, Vouchers and they should have to advertise their business much better at the airport with different and interesting billboards in a that way so that whenever customer are in Krakow they will remember their hotel.

        Secondly they have to rebuild the infrastructure of their hotel from inside and outside as well to fulfill the customer needs with providing good customer services. They have to recruit more staff so that if customer got any problem the staff is there for their help. The manager just cant rely on the tourist during summers but also for the people who travel for business and some other purposes so therefore he needs to target his group into two segments such as tourist and the people who travel for business. The manager should also know that he got competitors as well that mean he is not the only one in the karkow running business but also a lots of hotel business are running in karkow at the same time so he needs to be very careful and clever he needs to find out what his competitors are doing what there strategies and what they are giving to customer and what is the maximum price customers are willing to pay and for this he needs to saturation pricing strategy to find out about the maximum customers are willing to pay so after rebuilding the hotel and giving a new look to his hotel he should have to start with the low price to attract customers with free services if he is the clever business person to get hold on the market and after this when he knew that now his hotel is running quite good he can increases his price in order to get profit.

Join now!

  1. What information do you think that the hotel manager would actually need in order to investigate this problem?

 Obviously the manager needs to do a lot of research to investigate the problem. It is very important to always gathered the actual information to beat the competitors

MAJOR USES OF MARKETING RESEARCH

. Research into customer needs and expectations

. Customer surveys

. Employee Research

. Key client studies

 

I will say that the manager needs to start up with the secondary research. Secondary research involves the use of secondary data. This is the information which already exist in ...

This is a preview of the whole essay