Weaknesses
Economic Goal
Marketing Goal
Segmentation
In our segmentation, we searched for the most possible demographics that would initially
be an area to realize in terms of gathered information from the interview on the
26th/Sep/19 as well to our own comprehension to studied class examples on creating our
marketing awareness and of what our product and company consist of in the service
industry. From that, considerations of using Hollensen 2015 STP approach - (2019, Class
Material) in sourcing out favorable factors is regarded as since any market segmentation is
descriptive and not predictive according to Hollensen, Svend. Our findings are based on
what situation would a customer have to be involved with in factors to be in need or want
of the Gavnoe Castles availabilities. We take the following likelihoods of who is our
identifiable segment and for whom our product may be for in segmentation by taking
opportunity into distinction to what and how much may a customer purchase.
Target Marketing
From considerations in segmentation of the likelihood in who could this experience be for
under considerable circumstances of how much space, history, displayed nature and activity
the Gavnoe Castle has to offer and under what circumstances the company is built by. We
begin now thinning or enlarging our scope for targeting in the market segment by involving
our data into considerable and effective variables of what are market variables and who
would be in our keen interests. We further present this information in a table format -
(Hollensen, Svend STP table) to clearly see and explain the approach area. We take higher
note on relating to the current offers of the Gavnoe Castle via website and data to agree on
potential points. Upon decisions of targeting, we acknowledge the specific information
leading to customer descriptions and interest. Our targeting is based on the understanding
to reapproach the current outlook with a new approach of how already in place activities
are being presented. For example, taking the customer into account for being cost -
conscious and loyal whether high or moderate and taking considerations of what else could
that customer segment would be interested in as an alternative yet the high customer
loyalty will originally be meaning that the Gavnoe Castle is in favourable consideration,
therefore to focus on low to moderate customers loyalties should be as increasingly sought
for as high loyalty will notice the Gavnoe Castles new marketing strategy.
Positioning
Lastly, to positioning clearly in a table format, we list only every demographic factor of what
type of customer and where could they be when noticing or stumbling onto our advertising
and for what reason should they be interested in what is being advertised to them. These
are considerable factors to account for in reaching not only exposure but keen interest as
well in what is being displayed. We consider there are multiple variables to take account in
positioning to whom our segment can be in person and what could be their situation of
want, need or interest. The following possibilities are ruled out amongst Segmentation and
Targeting as being the most important since it covers not only where could potential centers
be but how is the product to be marketed and what are the details of what is to be
marketed.
The 4 P’s
Product:
We discovered our new special ticket by looking at way of providing the customers a more
comprehensive experience besides the products and services which Gavnoe Castle already
provides to its customers.Our decision was therefore based on two main factors, namely
tackling different age groups, on one hand and on the other, immagining what the
customers needs could be when visiting Gavnoe.Moreover, we believe that completing
the ticket with a meal, it would not only enhance the visit but it would make it even cosier
and why not tasty.
Price:
Promotion:
Place:
A Product For Marketing
Plan Description