Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In targeting hotels, the marketing strategy needed for our bed manufacturing firm would be tailored to ensure the requirements of the hospitality industry are met.

In targeting hotels, the marketing strategy needed for our bed manufacturing firm would be tailored to ensure the requirements of the hospitality industry are met. For the product aspect, a central focus may emphasise things such as guest comfort, whilst ensuring that the bed is aesthetically pleasing. Premium materials are required such as a soft sink-in feeling mattress. Pricing per bed may be slightly higher due to superior quality, materials used as well as potential customisation as the whole ethos of a hotel is to ensure a relaxing and rejuvenating stay. Pricing strategies would consider bulk purchasing to ensure a good deal is secured for both business and hotel. In addition to this, communication strategies would emphasise the durability and point of difference of the beds. Due to the fast-paced nature of the industry, on-time delivery and set-up would be critical components to meet the fast-paced nature of the hotel industry.
On the other hand, targeting hospitals, the acting approach adopted would centralise the unique customisation considerations of this particular environment. The product strategy would prioritize factors such as durability, as all patients are a different weight and function differently, This is in addition to, hygienic considerations, as well as compliance with safety standards. In terms of pricing, this would reflect the value of medical needs, with the potential to generate long-term partnerships with that specific hospital and after-sales support. Communication strategies would showcase several features including the bead's durability, the ability to keep the bed sterile, as well as the practical nature of the bed, encompassing technologies. Such as changing the incline of the mattress etc. By aligning with the needs of the hospital this would ensure consistent business. Distribution would involve coordination with healthcare supply chains, as well as seamless installation and providing a reliable delivery service.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project management the managerial process

Authors: Eric W Larson, Clifford F. Gray

5th edition

73403342, 978-0073403342

More Books

Students also viewed these General Management questions

Question

The central nervous system?

Answered: 1 week ago

Question

How many neurones does the human brain contain?

Answered: 1 week ago

Question

Brain part of logical and dicision making......?

Answered: 1 week ago

Question

The supporting and nurturing cells found in brains are........?

Answered: 1 week ago