Preview

Strategic attack by Tune Hotel

Better Essays
Open Document
Open Document
432 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategic attack by Tune Hotel
Strategic Attack Implemented by Tune Hotel
To capture the distinctive nature of service performance, the original terminology of 4Ps’(product, place and time, price and other user outlays, and promotion and education)in marketing mix had been modified and extended the mixture by adding four other elements associated with service delivery which includes the physical environment, process, people and productivity and quality. These eight elements are referred to as 8Ps’.
a) Product
Tune Hotel provides services which orientated to the concept of no frill. The details of the core and supplementary services provided in Tune Hotel had been discussed in core and supplementary services part.
b) Place and time
Tune Hotel Kuala Lumpur is situated at the central of Kuala Lumpur in Jalan Tuanku Abdul Rahman and it is easily assessable by LRT and buses. It’s also not far away from popular spot, major shopping and entertainment areas. The check-in time is 2pm and the check-out time is 12pm.
c) Pricing strategy
The pricing strategy applied by Tune Hotel is in the range of RM0.01 toRM99.90. The price will vary in peak season, promotion period and advance booking period. Under the advance booking system, customers will get cheaper price if booking made in advance and the rate will be different from time to time depending on the period. However, the taxation is excluded in the range of price of RM0.01 to RM99, 90. The actual prices paid by the customers are core price plus 5% government tax and 10% service tax. The pricing strategy applied in Tune Hotel is the same as Air Asia Airline.
d) Promotion and education
Promotion plays a vital role in marketing. Promotion plays a role in providing needed information and advice; persuading target customers and encourages the customers to take action at the specific time. Tune Hotel runs the promotion through the advertisement in the Air Asia Airline official website, newsletter, newspapers and in the official website of Tune

You May Also Find These Documents Helpful

  • Good Essays

    Proctor and Gamble

    • 831 Words
    • 4 Pages

    This paper will describe the four elements of the marketing mix (product, place, price, promotion). In addition, it will describe how each element is implemented within a specific organization and how the four elements relate to that organizations marketing strategy. The company used in this example is both a product and service driven company and is in business for profit.…

    • 831 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Lodging Inductry

    • 24746 Words
    • 99 Pages

    Finally, the chapter introduces the various components of the marketing mix: promotion, product, price, and distribution. Distribution is sometimes called place and the marketing mix is called the 4 Ps. Marketing also includes research, information systems, and planning. If marketers do a good job of choosing the appropriate target markets and presenting an effective promotion mix, the result will be attractive products and satisfied customers. This would include identifying consumer needs, developing a good product, and pricing, distributing, and promoting it effectively. This chapter introduces all of these terms and gives an overview of their place in the marketing world.…

    • 24746 Words
    • 99 Pages
    Powerful Essays
  • Powerful Essays

    Crossword Answers

    • 4034 Words
    • 17 Pages

    The Chartered Institute of Marketing. CIM 14280 | DS | May 2009 10 Minute Guide Marketing Mix What it is The ‘Marketing Mix’ is a term used to describe the combination of tactics used by a business to achieve its objectives by marketing its products or services effectively to a particular target customer group. It is also referred to as the ‘4 Ps’ – Product, Price, Promotion and Place, or the ‘7 Ps’ – the 4 Ps with the addition of People, Process and Physical Evidence, also called the extended marketing mix.…

    • 4034 Words
    • 17 Pages
    Powerful Essays
  • Better Essays

    In today’s competitive marketplace companies are competing strategically through service quality for better differentiation. In certain time of period the successful companies were using marketing mix model of four elements: Product, price, promotion and place. However later on, Booms and Bitner suggested the extension of the 4-Ps framework to include three additional factors: People, Physical evidence and process as marketing. The additional 3-Ps has been adopted in the service marketing literature, and also 7-Ps marketing mix model is more useful for services industries like Transport and Logistics.…

    • 1189 Words
    • 5 Pages
    Better Essays
  • Good Essays

    The differences have resulted in a divergence in the education of services marketing versus regular marketing. Apart from the traditional "4 P's," Product, Price, Place, Promotion, there are three additional "P's" consisting of People, Physical evidence, and Process.…

    • 540 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    1. Which of the eight elements of the services marketing mix are addressed in this case? Give examples of each ‘P’ you identify.…

    • 2406 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    The marketing mix is commonly defined as "the four P's" for product, price, promotion and place. These four elements determine how a business will structure a large proportion of its marketing plan. These elements are also strongly determined upon the influences of the market in which the product or service is to be sold such as psychological, sociocultural, economic and government factors. As the marketing mix takes into account these factors, the business's goals both long and short term and tailors the business's marketing plan to its target market it is the most important element when developing a marketing plan.…

    • 2532 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Marketing Mix

    • 1413 Words
    • 6 Pages

    The marketing mix is essentially about meeting the needs of the customer. Companies must make determinations about what “works” and what does not “work”. In order to assess where the company stands with their product or service, a marketing mix that is focused on the customer will help in addressing the changes that should be made. Companies can address such things as the packaging of the product or service. Warranties can be added to the product or service. Companies can also advertise through different mediums such as television, radio, billboards, and newspapers. Pricing and special discounts are also ways to enhance the marketing mix. The marketing mix is made up of the “Four P’s”. The “Four P’s” are Product, Place, Promotion, and Price (Armstrong & Kotler, 2011).…

    • 1413 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Maxi Hotel Case Study

    • 875 Words
    • 4 Pages

    The five-year financial projection for Maxi Hotel under management by MI is presented in appendix F. Maxi hotel is scheduled to open in 2018 after completing construction and necessary business registration and application. Before a new Marriott property opens in 2021 (STR Global, 2016), the occupancy is estimated to grow 10% yearly but will experience a slowdown to 5% in 2022 due to increased room capacity along the riverside. At the same time, ADR is expected to increase between 250 THB to 400 THB each year partly from the dedication of 8% to 9% of the annual total revenue in hotel promotion. The net present value (NPV) deduced in table 21 is positive, around 1.2 million THB and the internal rate of return (IRR) is 2.22% higher than Thailand Bank’s interest rate of 1.5%. These imply a profitable project investment and future growth.…

    • 875 Words
    • 4 Pages
    Good Essays
  • Good Essays

    SOM Assignment no

    • 738 Words
    • 4 Pages

    Which of the eight elements of the service marketing mix are addressed in this case? Give examples of each “P” you identify. Product Elements:…

    • 738 Words
    • 4 Pages
    Good Essays
  • Good Essays

    6i7uytrcexdfgm

    • 2993 Words
    • 12 Pages

    Marketing mix is a technical of marketing planning and it sometimes referred to as 4Ps, stand for Place, Promotion, Product and Price (Bennett, 1997). The 4p is to understand the customer need and want. The proportions in the marketing mix can be altered in the same way and differ from the good to good (Hodder Education, n.d). According to W. J. Stanton, "Marketing mix is the term used to describe the combination of the 4 inputs which constitute the core of a company 's marketing system: the product, the price structure, the promotional activities, and the distribution system." (A Review of Marketing Mix: 4Ps or More?, May 2009)…

    • 2993 Words
    • 12 Pages
    Good Essays
  • Powerful Essays

    Profiling the market

    • 2994 Words
    • 12 Pages

    (Think of the elements of the Marketing Mix for products (4Ps) and what are the additional 3Ps for the services marketing mix (7Ps)?)…

    • 2994 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Hotel: the Guest

    • 788 Words
    • 4 Pages

    Utmost Hotel, similar to its name, the hotel aims to serve our guests with our five-star services which let the guests indulge in this utmost experience during their stay in the hotel. This luxurious hotel is located on a hilltop where this strategic location enables our guests to enjoy spectacular night view of the whole city, feeling as if the city is just under their feet. Our hotel is also a great place for bird-watching and this attracts many bird-lovers to pay a visit to our hotel. This hotel mainly brings a sense of serenity of the nature, a good hide-away from the bustle of the city.…

    • 788 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    real time updates

    • 257 Words
    • 2 Pages

    As Group 5 were in charge of promotion. We have conducted secondary research in order to find answers such as how to advertise , what impact does sales promotion have on consumer behavior, what information should be given to the customer, locations where advertising should take place to reach target audience.…

    • 257 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Airasia Presentation

    • 450 Words
    • 2 Pages

    In 2007, Tony Fernandes has again created a "first" in Asia by starting a hotel chain, Tune Hotels which is based on the no-frills concept. The first Tune Hotel was opened at the intersection of Jalan Sultan Ismail and Jalan Tuanku Abdul Rahman in the heart of Kuala Lumpur. Expansions are in the works as more hotels will be opened up throughout Malaysia. Another new Tune Hotel will be opening soon in Danga Bay, Johor Bahru.…

    • 450 Words
    • 2 Pages
    Satisfactory Essays