Marketing Mix of SOTC

Description
international service markting mix of Tourism Industry

SOTC AROUND THE WORLD

KRISHNA KAUSHIK – 29 SHANKY JAIN - 59 BATCH - 26

TOURISM INDUSTRY
? Tourism is one of the world's fastest growing ? ?

?

?

industries at present. Spending on tourism amounts to 5%-10% of total consumer spending in a year worldwide. The tourism industry as a whole is presently estimated to earn over US$ 3.5 trillion worldwide. India's share of the total market is a pittance at 0.51%. The Tourism industry's foreign exchange earnings in India are around $3.2 billion.

SPECIAL FORMS OF TOURISM
? ? ? ? ? ? ? ? ? ? ? ? ? ?

Adventure Tourism Culture Tourism Educational Tourism Garden Tourism Heritage Tourism Health Tourism Medical Tourism Hobby Tourism Pop-Culture Tourism Perpetual Tourism Pilgrimage Tourism Sport Tourism Eco Tourism Gambling Tourism

SOTC : An Overview
? SOTC - India's Leading Outbound Tour operator. ? Established in 1949. ? Was acquired by Kuoni Travels – World’s leading

premium Tour Operator in the year 1996.

? SOTC – Voted The Best Outbound Tour Operator

2004, 2005, 2006, 2007 and 2008 by the Galileo Express Travel & Tourism Awards Committee.

SOTC’s Brands
? SOTC Escorted Group Tours
? SOTC Customised Holidays

? SOTC Holidays of India
? SOTC Corporate Tours

? SOTC Trade Fair Tours

MARKETING MIX (8P’s)
PEOPLE

PRODUCT

PLACE

PRICE
PROCESS

THE EXTENDED MARKETING MIX

PHYSICAL EVIDENCE

PROMOTION
PRODUCTI VITY & QUALITY

1. PRODUCT : MAIN FOCUS
Potential

Augmented

Expected

Basic

Core

Sr.No.

BENEFIT

MEANING

WITH RESPECT TO THE SOTC

1

The fundamental benefit or CORE BENEFIT service that the customer is buying.

Traveling.

2 3

BASIC PRODUCT Basic, functional attributes. Ticketing, hotel reservation. EXPECTED PRODUCT Set of attributes/conditions Customer friendliness, good the buyer normally expects. food. Prompt services, That meets the customer’s comfortable and convenient desires beyond trip, spectacular sights, and expectations. music. The possible evolution to distinguish the offer.

4

AUGMENTED PRODUCT

5

POTENTIAL PRODUCT

Totally customized tour packages, A grade service at every stage.

2. PRICE
A very important way, in which SOTC responded to their highly complex pricing circumstances, is to operate at two levels. 1. The first level is corresponds with the marketing strategy, which concerns with the product positioning, value for the money, long run return on investments etc. 2. The second level corresponds to the marketing operations or tactics where the prices are manipulated to match the current demand and competition.

3. PLACE
? Different distribution strategies ?

?

? ?

are selected for Tours marketing by SOTC. SOTC act as wholesalers and also act as a retailer. The latest mode of reaching the customers is through Internet. SOTC has its own website from where information on the tours can be procured & direct booking can be done. SOTC also has its own offices from where booking can be done. There are also small agents (who have taken franchise of SOTC) spread all over the town/country.

4. PROMOTION
Some of the important aspects of promotion are: ? Print ? Electronic Ads ? Sales Promotion- EMIs ? Publicity/PR ? Word of mouth, personal selling, telemarketing ? Exhibitions/Trade Fairs ? Tie ups with Yash Raj Films, Experiencing the Magical moments of Yash Raj Films with SOTC. ? SOTC appointed as the Tour Partner to Kingfisher Airlines for the DLF IPL T20.

5. PEOPLE
SOTC`S PEOPLE MIX? Includes travel agents, tour operators, tour guides etc. ? Locals are employed. ? Exhaustive training is provided. ? 2900 employees through its 347 offices and caters to 3 million customers.

6. PROCESS
-------------------------------- Line of Interaction--------------------------------

Customer Enquiry/ Reaching the customer

Explainin g the details

Negotiating the Terms

Completion of customer formalities and document submission

Air, hotel reservations as per needs

Itinerary Arrangements

Travel/Journe y to destination

-----------------------------------Line of Internal Control/Records--------------------

Itinerary Confirmation

Maintaining records and follow up through CRM

The sequential steps involved in the delivery of the SOTC products are:
? Provision of travel information. ? Preparation of itinerates. ? Liaison with providers of services. ? Planning and costing tours.

? Ticketing
? Provision of foreign currency and insurance.

7. PHYSICAL EVIDENCE
? The Physical evidence of a tourism

product refers to a range of more ‘tangible attributes of the operations. For SOTC, elements such as: ? quality and attractiveness of décor ? effective layout of establishment ? surroundings and quality of promotional materials are all important.

8.Productivity and Quality

? Computer records and online tracking
? Continuously working on customer feedback. ? Employees trained accordingly and continous

improvement in technology.



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