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Reaching New Heights. Brand & Brand Positioning Chapter VIII. Integrating Marketing in the Leisure Industry. Branding. a name, term, sign, symbol or design or a combination of these that identifies the maker or seller of a product or service A Brand should suggest: Benefits and qualities
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Reaching New Heights . . . Brand & Brand PositioningChapter VIII Integrating Marketing in the Leisure Industry
Branding • a name, term, sign, symbol or design or a combination of these that identifies the maker or seller of a product or service A Brand should suggest: • Benefits and qualities • Be easy to pronounce, recognize and remember • Be distinctive • Be easily translated into foreign languages • be capable of registration/legal protection
Brand Equity • Value of a brand is based on the extent to which it has high brand loyalty, name awareness, perceive quality
Brand Strategies • Line extension • Brand Extension • Multibrands • New brands
Packaging • Designing and producing the container or wrapper for a product. • Packaging a service? • Group Work: • Come up with 5 examples of how tourism, sport, outdoor or park and recreation services are packaged
Uniqueness of Service marketing • Focus attention on both customers and employees • Importance of internal marketing • Effectively train and motivate -Work as a team to provide customer satisfaction
Uniqueness of Service marketing • Interactive marketing • Service quality depends heavily on the quality of the buyer-seller interaction during the service encounter
Uniqueness of Service marketing • Competitive differentiation/high service quality (include innovative features)
Uniqueness of Service marketing • Increase service productivity-train or hire new employees to work harder or more skillfully.
Positioning Statement • Walt Disney World positioned itself as “family entertainment.” • Universal Studios Theme Park positioned itself as “thrills and excitement for preteens and adults.” • Community Recreation Agencies are using the positioning statement “Parks and recreation…the Benefits are Endless.” • Shanty Creek Resort positioned itself as “We overlook nothing, except all of Northern Michigan.” • Pohl Cat Golf Club positioned itself with “Stalk the Cat.” (Clancey, 2003)
Positioning Statement • Reflects the stance taken by an agency on behalf of the target market. • Identify the value proposition that consumers, employees, shareholders, can expect from an agency. • Determine what competitive edge the agency will establish and be willing to share with others.
How to Develop a Positioning Statement? • Use market research to support agency positions. • Make sure all elements of the marketing promotional and communication mix reinforce your positioning. • Make positioning statements as simple and succinct as possible. • Position to individual markets. • Be careful if positioning on price or against a competitor. • Use only one position statement for a target market. • Consider and review a number of alternative positioning. • Don’t expect positioning to occur immediately.
Brand Positioning The perception people have of your leisure/recreation agency in relation to other leisure/recreation agencies.
Marketing Objectives The marketing objectives represent the culmination of marketing strategy assessment, analysis and decisions made by an agency to pursue a target market with an established measurable way. • Goal is an overall vision for an agency regarding marketing activities. • The objectives highlight what specifically the agency wants to happen.
Value of Marketing Objectives • More likely to have and achieve results. • Better able to identify the number and type of activities that will be needed to achieve an outcome. • Actions are more specifically focused on a particular target market segment. • Agencies identify problems with marketing efforts. • Agencies prove the value of marketing efforts. • Holds individuals and agencies accountable for actions. • Can reward individual specific accomplishments.
S.M.A.R.T.T Marketing Objectives • Specific • Measurable • Attainable or moderately risky • Reflective of the agency mission • Time frame is included • Target market oriented
Demarketing • To reduce consumers’ desires in an agency’s offerings. • Operational marketing tools used in demarketing: - changing offerings - pricing - distribution or promotional messages in an effort to protect recreation resources from overuse