MA505- Individual Assignment (10%) –word limit ~ 1500 words. This task requires you to thoroughly and critically read through chapter 2 “Marketing planning and strategy in a competitive environment”,...

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MA505- Individual Assignment (10%) –word limit ~ 1500 words. This task requires you to thoroughly and critically read through chapter 2 “Marketing planning and strategy in a competitive environment”, Pride, W., et al. (2015), which helps you understand how marketing planning in a competitive environment occurs. At the end of the chapter (pages 79-81) you will read through the Case for Critical Analysis. Reflect on the case study. You would need to use at least four peer-review journal articles and one text-book where you are able to draw evidences to support your arguments. You will use a text-book that includes suitable marketing models/ theories related to the topic. After analysis, you will need to answer the four case study questions. Structure of the report: a) Introduction b) Body: answer each case questions with supportive evidences, appropriate theories and concepts, from the articles you have used for this purpose. This section requires analysis and synthesis. c) Conclusion d) References (four peer-review journal articles, and one text-book) 2 Pride, W., et al. (2015) Marketing principles, 2 nd Asia-Pasific edition, pp. 79-81 Case study for analysis: Stormy ride for Queensland’s tourism industry Tourism businesses in Queensland have experienced a stormy ride in the past few years. First there was the global financial crisis,then a series of cyclones that causedterrible damage in the state’s north. For example, in 2011, Cyclone Yasi, together with the worst floods in Queensland in 50 years, resulted in a $590 million fall in tourism revenue alone. The extensive media coverage of the floods and Cyclone Yasi contributed to the mass cancellations and loss of revenue. Unfortunately, tourism businesses in regions not impacted by the disaster also suffered from cancellations, drops in future bookings as well as revenue. In January 2013, the world’s media saw again distributing images of flood-ravaged Queensland. Tropical Cyclone Oswald hit the Queensland coast, leaving many regions devastated. Some of these communities were still trying to re-build after the floods of 2010/2011, so the impact of the 2013 floods was particularly devastating. The Tourism Industry Council, together with Queensland Tourism, are trying to stop the build-up of a public image of flood-ravaged Queensland with promotional messages featuring the ‘Queensland is open to tourists’ theme and reminding potential travellers that a vacation in the Sunshine State would be a good idea. Tropical cyclones are a natural part of Queensland’s tropical climate, and according to the Bureau of Meteorology, there are, on average, 4.7 tropical cyclones each year (the cyclone season is between November and April). Unfortunately, the Queensland environment (and economy) has suffered from many major disasters since Cyclone Yasi: multiple instances of serious flooding, bushfires and severe storms. To improve Queensland’s crisis preparedness, a new ‘Get Ready’ disaster preparedness campaign was launched in October 2013, urging everyone to be more prepared for extreme weather. The aim of this campaign was to reduce the impact of extreme weather as well as help communities bounce back quicker after a disaster. The materials are available online as well in the high school Business Study curriculum. Furthermore, a mobile phone app ‘Ready, Set Go!’, designed to help Queensland tourism businesses to be better prepared for extreme weather, was launched in November 2013. Unfortunately, these natural disasters came at a time when the tourism industry was already struggling due to the strong Australian dollar reducing the competitiveness of Queensland as a travel destination for both domestic as well as overseas visitors. Yet natural disasters are just one of the issues Queensland tourism businesses have to address. For example, campaigners for new all-inclusive casino resorts claim that without the proposed 5–6-star casino resorts, Queensland as a travel product would become marginalised with run-down and eroded facilities. Queensland tourism operators are also learning that their new target market, the Chinese tourists, do not necessarily appreciate travel packages that were originally created for Japanese and Korean visitors. Asian tourists are named as a key target market in the Future of Tourism in Queensland plan. Other major trends identified in this plan are that future tourists have high expectations for authentic experiences, and the enhanced importance of electronic word-of-mouth (eWOM) in holiday decision making. Tourism is one of the four pillars of the Queensland economy (together with agriculture, construction and resources) as well as being a key contributor to Queensland’s economy with an estimated total of $22.4 billion in expenditure in the 2012–2013 financial year. This is a 7.8 3 per cent contribution to Queensland’s gross state product (GSP) and the industry employs over 10 per cent of Queenslanders. The Queensland Government prepared a 20- year plan for the state’s tourism industry, in consultation with industry stakeholders. The plan is ambitious; the aim is to make Queensland Australia’s number one destination and to double overnight visitor expenditure to $30 billion by 2020. Oprah’s ultimate Australian adventure Oprah Winfrey, a famous TV talk-show host, brought 302 of her ultimate fans, 200 crew members and almost 200 journalists to visit and experience several Australian tourism destinations in late 2010. Over eight days they recorded more than 700 hours’ worth of footage and the best scenes were selected for a series of four Oprah shows which were screened in the US and Australia in January 2011. To capitalise on the excitement generated, key Australian tourism organisations joined together to produce some Ultimate Australian Adventure holiday packages. The Oprah showcase on Australia was very popular in the US, with an audience of 10 million. From the idea to take a holiday to actually taking the trip takes time. However, Tourism Australia was pleased to report an increase in Americans taking a holiday in Australia, when the 2012 arrival statistics revealed the greatest number of American tourists since the Sydney Olympics. Case study Questions to answer: 1. Conduct a SWOT analysis for the Queensland tourism industry. 2. The lead time between intention to have a holiday/booking a holiday and the start of the holiday is long. What circumstances could cause tourists to cancel the planned vacation? 3. What could tourism businesses do to reduce the probability of mass cancellations of bookings if a near-by region is impacted by a disaster? 4. How can tourism authorities justify big expenditures like hosting the Oprah Winfrey show when the revenue from this investment is not likely to be evident until few years later? In your opinion, should tourism authorities or other governmental departments fund such ventures?
Answered Same DayDec 06, 2019MA505

Answer To: MA505- Individual Assignment (10%) –word limit ~ 1500 words. This task requires you to thoroughly...

David answered on Dec 25 2019
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Marketing Planning and Strategy
Introduction
Marketing strategy facilitates organizations to attract more customers and increase the sales or consumption of a particular product. So, marketing planning and strategy play a most important role in adding more customers to the existing customer base (Fe
ell, et al
. 2014). The similar concept is also used by the tourism organizations to promote a tourist place among the customers that enhances their flows and ensures the survival of the tourism industry. In this context, this paper will give the answers of a case study that is selected from Chapter 2 “Marketing planning and strategy in a competitive environment” of Pride, W., et al. (2015). The answers to a few questions related to select case study will help to develop the understanding of how marketing planning in a competitive environment occurs.
Answer 1:
SWOT analysis
Strength
· Well known tourist places among the local and global tourists;
· Considerable contribution to the economy of Queensland;
· Awareness among local people of Queensland about the benefits of tourism for the economy of Queensland;
· Positive response from the local tourist council to promote positive news about the Queensland after the natural disasters
Weaknesses
· Lack of coordination between tour operators and tourism department of Queensland;
· Promotions of tourist places are local-centric;
· Lack of resources to develop tourist places of Queensland after disasters;
Opportunity
· New media technology and opportunity to reach new customers directly;
· The effort of the local tourism industry and tourism council may increase the support to local tour operators. As a result, they can offer a reasonable tour package to their target customers;
· Use of application and online materials may help to share positive information related to tourist places in Queensland. It will increase the flow of tourist in this area;
Threats
· Negative promotions of Queensland may not encourage the tourists to plan Queensland’s visit;
· Lack of government’s planning creates poor tourism voice. As a result, Queensland can be developed as a place of natural disasters. This probable scenario may affect its economy also;
· Less effective tour package for Chinese target market and their dissatisfaction shall affect the intention and tour planning of Asian people;
· Multiple approach based planning can create confusion among the target audiences and mislead them;
Answer 2:
It is a fact that the lead time between the intention to have a holiday
ooking a holiday and the start of the holiday influence the decision due to several circumstances. This lead time may raise the issue of the cancellation of a planned vacation because it affects the prediction of tourism industry (Antonio, de Almeida & Nunes, 2017). This is because of the probability of the few circumstances that cause tourists to cancel the planned vacation. These circumstances are:
News of natural disasters: for every people, the safety and security of life are most important factors during the selection of any tourist place. This is because the majority of tourists do not like to go...
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