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Wednesday, September 2, 2020
Worker Safety Issue from Fast Food Nation Essay Example
Laborer Safety Issue from Fast Food Nation Essay The motivation behind composing this paper is to feature the specialist security issues from Fast Food Nation. The issue fundamentally is specialist wellbeing that is put to stake as a result of the risks the laborers need to confront while they are made to accomplish the work. This is the fundamental issue that has been distinguished that the laborers need to confront and certain solutions for these issue are additionally proposed in the later sections. The specialist wellbeing issues are disturbing and it is vital that the businesses must find a way to deal with such issues. The cheap food industry has initiated homogenization of our general public and has additionally rushed the situation by further making a hole between the rich and the destitute individuals and inexpensive food have now gotten exceptionally well known for the American individuals. In any case, there are some unrecognized realities that must be thought about. The inexpensive food country has essentially changed the way of life of America and the way the individuals eat.[1] The financial effectsâ of theâ fast food industry are various and the business is reliant on the government cash for example it takes SBA credits so as to run the establishments and to maintain the inexpensive food business. The gathering lineâ methods ofâ fast food productionâ actually worked their direction intoâ large-scale agribusiness. The hamburger industrial facilities are sporadic in size and it is difficult to computerize the steers just in the manner the poultry and different things required in the inexpensive food business are being fabricated. The spots where this happens are shocking and businesspeople for the most part representative unskilled laborers who are made to work for extended periods of time and get an extremely low pay.[2] We will compose a custom paper test on Worker Safety Issue from Fast Food Nation explicitly for you for just $16.38 $13.9/page Request now We will compose a custom paper test on Worker Safety Issue from Fast Food Nation explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom paper test on Worker Safety Issue from Fast Food Nation explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer In addition, the conditions wherein they are made to work are unfortunate and unhygienic that can be a major danger to the human life. So as to forestall this, it is basic that the businesspeople must make strides and for this only a gradual expense is required. Following these lines, presently anyway the American slaughterhouse has improved significantly more than before as the gauges have been improved and the laborers are more secure than previously. Moreover, I might likewise want to include that the genuine expense of the inexpensive food isn't really estimated regarding buy however the expense of the laborers is additionally included. The purpose behind composing this paper isn't that I am hostile to cheap food however it is to feature that reality that however a portion of the inexpensive food goliaths produce top notch food at practically identical costs to the otherâ chains, they should place an incentive in theirâ workersâ just as the food gracefully as opposed to attempting to snatch even the last piece of benefits. ââ¬Å"Fast food is served all over the place. Be it eateries, trains, planes or journey ships. It has been accounted for that the Americans spent around $6 billion out of 1970 on inexpensive food and the sum additionally expanded to $110 billion out of 2001. It has likewise been accounted for that the Americans spent more cash on inexpensive food than on different costs, for example, advanced education or different extravagances. They spend more on cheap food than on films, magazines, newspapers,â videos, andâ recorded musicâ combined.[3]Therefore, the nationââ¬â¢s most valued convention is the inexpensive food. As the inexpensive food industry has advanced from a stand claimed slow down to monster partnerships, the interest for the laborers has additionally expanded. In the accompanying sections I have alluded to a portion of the articles and have given a portion of the instances of laborer wellbeing issues winning in the inexpensive food showcase. The first is about the thefts. This article discusses the pizza conveyance young men in Bethlehem who needed to experience burglaries. The article tells that the pizza young men were ransacked during the long periods of work and were additionally punched down and tossed on the ground, the suspects anyway battled among themselves for both money and pizza. Both the thefts occurred with two distinctive pizza young men working for two diverse pizza diners. The main casualty worked for Dominoââ¬â¢s Pizza and was looted by three men who took pizzas and a warmed conveyance box and this burglary occurred before 6:00pm and occurred on Morton Street. Be that as it may, the other theft occurred at around 8:30pm and at Hilton Street. The other pizza kid who was ransacked was working for Papa Johns such that he was called to the home to convey two pizzas from.[4] As indicated by another article, the pay paces of McDonalds are wrong and they have been scrutinized in this. This analysis was finished by the individuals from the Service Employees International Union in the New Orleans and their essential topic was to scrutinize the low wages. This was called to be an across the country battle in which the individuals were to converse with the laborers just as the shoppers about McDonalds compensation. Besides, the article likewise uncovers that McDonalds is against the Employee Free Choice Act. This Act is essentially an enactment that offers American specialists the chance to have better compensation, advantages and working conditions. In addition, the leader of SEIU likewise said that the American laborers dont have the purchasing power. Hence, there is a need to drive the economy partially on the grounds that organizations like McDonalds are giving CEOs bonuses while laborers battle to manage the cost of things on the Dollar Menu.ââ¬â¢ Americaââ¬â¢s laborers battle to take care of even their tabs, anyway the CEOââ¬â¢s get colossal rewards yearly. The article likewise said that a national crusade would be run in which they would appropriate flyers at McDonalds area across the nation that were more than around one hundred outlets. The third article is about the laborers who have opened establishments with buyouts. Imprint Bergman, who used to work for Ford Motor Co.s deals and promoting division, really longed for pizza and acknowledged a buyout offer from Ford in 2007 so as to satisfy his fantasy. He really needed to open an establishment of Little Caesars thus he opened a store in Atlanta and despite the fact that there has been an ongoing unrest, he didn't stress over that and opened a third pizza outlet and simply like Bergman numerous individuals put their cash in purchasing franchises.[5] It is accepted that diversifying is an approach to put resources into something that can be controlled and the more you contribute the more you get yet the credit crush makes things harder and as revealed by Dominoââ¬â¢s Pizza executive and CEO David Brandon, the worldwide credit crunch is driving a few Dominos Pizza establishment proprietors bankrupt predominantly on the grounds that the banks are cutting off advances. Also, the expenses of diversifying are high and the establishment proprietors need to confront a ton of difficulties. The work isn't done once the establishment is set up. Be that as it may, there are extended periods of time of work associated with this business. In 2003-2007 around 75000 employments have been cut. Albeit bunches of individuals ask Dominos Pizza about the Big Three, anyway under 20 percent really show real enthusiasm for it as this isn't a simple business. Developing an outlet requires at any rate 14 months and the total assets required to be demonstrated is $250,000 and $75,000 in fluid capital. Other than this, there is very assurance of progress thus alert is essential. It isn't generally essential that of the parent organization is progressing nicely, so would the franchise.[6] Another article discusses abuse of laborers done by a portion of the someâ fast-foodâ chains. A US Senate hearing that occurred in April in Florida centered the working states of the homestead laborers and a portion of the renowned inexpensive food brands, for example, McDonalds and Yum Brands, which incorporates Pizza Hut, KFC, Taco Bell, AW and Long John Silvers, consented to pay the 1-penny increment. Other than this, there was Burger King and Subway additionally consented to the proposition yet at 1.5 pennies per pound and they ensured to save some for their laborers. The treatment being given to the ranch laborers is extremely terrible particularly tee tomato pickers who have been acquiring a similar sum for getting a basin of tomatoes for example 45 pennies and this sum has not been changed since 1978 despite the fact that the value of the tomato crop in Florida is worth $619-million every year. In addition, they laborers work seven days every week and labor for 10-12 hours with no extra time pay and no advantages, for example, wiped out leave or professional stability by any stretch of the imagination. In addition, they need to confront viciousness and live in pitiable living conditions.[7] Dominant part of the laborers gain under $10,000 per year and pay help is one of the most significant factor that can improve things for the tomato pickers. For this, the CIW has convinced the cheap food industry to pay one more penny for every pound to support the laborers and this exertion has been effective as they have even utilized the methodology of applying a fine to the individuals who don't pay this additional sum. CIW additionally trusts that the new president, Barack Obama will likewise bolster this reason was essentially to deal with the human privileges of the laborers working for the cheap food industry and to maintain a strategic distance from exploitation.[8] Individuals who eat inexpensive food must know about the reality identified with the cheap food industry and should then take their own choices whether they should bolster the business or not dealing with the status of the business in the current situation.
Saturday, August 22, 2020
Humor in Lysistrata and She Stoops to Conquer Still Funny Today
Silliness in Lysistrata and She Stoops to Conquer Still Funny Today Aristophanes old style Greek play Lysistrata and Oliver Goldsmiths eighteenth century British play She Stoops to Conquer, both contain different sorts of diversion. The diversion found in these plays was positively delighted in by the crowds of the time. In any case, it is unquestionably evident that quite a bit of this silliness is still appreciated today.Advertising We will compose a custom exposition test on Humor in Lysistrata and She Stoops to Conquer: Still Funny Today explicitly for you for just $16.05 $11/page Learn More For contemporary crowds yet have a great time the parody of Lysistrata, the absurd satire of habits wherein the topics of national war and harmony, and truly, even war and harmony between the genders, all get entertaining treatment. Next, She Stoops to Conquer is a parody of habits, where incongruity wins in the midst of regular misconceptions. Set in the environs of that predominant pleasant society, the characters make a decent attempt to safeguard the cour tesies and consideration, yet every now and again fall flat, as their actual activities become known. In the first place, in Lysistrata, there is a lot of levity in how much the men are made to seem stupid, and to be somewhat effectively controlled by their ladies. Further, consistent sexual allusions flourish. There is funny interchange between the ensembles of elderly people. Unmistakably, the language is hearty and ribald. For instance, in Part 12, a trade between a few chorale individuals goes in this manner: The lady undermines, ââ¬Å"Suppose I let fly a decent kick at you?â⬠Whereupon, the elderly person rejoins with, ââ¬Å"I should see your thing then.â⬠Then, the lady, more seasoned herself also, has the final word with expressing, ââ¬Å"You would see that, for all my age, it is very well plucked.â⬠(Aristophanes 753) Further, an essential segment of the costuming was a gigantic phallus, developed from calfskin. And all the men diligently keep up huge penil e erections. Moreover, theres sexual referencing all through the play. At that point, there are incoherent and absurd circumstances too. A clear droll component is available as ladies pursued elderly people men utilizing their axles as weapons.Advertising Looking for article on relative writing? We should check whether we can support you! Get your first paper with 15% OFF Learn More Then, as well, even the exchange among Lysistrata and the chief discussing the uselessness of war is somewhat entertaining. (Aristophanes 782) moreover, note how Aristophanes mixes the droll scene of the ladies pursuing of elderly people men with weapons like weaving axles and the scholarly silliness of the officials endeavor to contend with Lysistratas composition of the inadequacy of the mens quest for the war. The summit comes when the warriors come back from the Peloponesian Wars, all with colossal erections. Their ladies bother them further by indicating them a naked female hireling, which just caus es the men to feel increasingly edgy. Be that as it may, the ladies won't permit their men sexual fulfillment, until all Athenians and Spartans proclaim a ceasefire. In the subsequent play, She Stoops to Conquer, the elitist Charles Marlow is an examination in logical inconsistency. A highbrow snot ordinarily, he does really search out hirelings and house cleaners as opposed to females from the privileged societies. The principle reason of the play is that he is on the way to meeting up with a family companion, and is ââ¬Å"prankedâ⬠in transit, which really winds up with an assortment of false impressions. There is humor in these occasions, for example, culture conflicts and character disarray. Likewise entertaining are simply the clandestine love entrapments encompassing and the other male hero. He even has a somewhat funny method of offending a youngster, asserting, ââ¬Å" Goodness ! What an amount of pointless silk hast thou got about thee, young lady! (Goldsmith 41) Then , on his excursion, he gets lost, and levity results when he and his friend are told, Why, respectable men, on the off chance that you know neither the street you are going, nor where you are, nor the street you came, the primary thing I need to advise you is, that - you have lost your direction. (Goldsmith 55) This is unquestionably downplayed humor.Advertising We will compose a custom exposition test on Humor in Lysistrata and She Stoops to Conquer: Still Funny Today explicitly for you for just $16.05 $11/page Learn More Finally, another model that will incite a laugh is the scene among Tony and Hastings. Hastings asks excitedly, where has Tony left the women. Tony them answers, by method of a puzzle, ââ¬Å"Left them? Why, where would it be advisable for me to leave them, yet where I discovered them? (Goldsmith 176) In rundown, these are nevertheless a couple of the scenes and references from these two plays that might be as interesting today, as they were at the hour of the firs t creations. It is certainly obvious that in spite of the fact that cleverness develops through time, a few components of levity stay both immortal and all inclusive. Aristophanes, Lysistrata, altered by Jeffrey Henderson, The Focus Classical Library, 1992. She Stoops to Conquer. Encyclopã ¦dia Britannica. Encyclopã ¦dia Britannica Online. Encyclopã ¦dia Britannica, 2011. Web. https://www.britannica.com/theme/She-Stoops-to-Conquer.
Friday, August 21, 2020
Management Fad Essay Example | Topics and Well Written Essays - 2000 words
The board Fad - Essay Example Frequently advertising specialists have related prevailing fashions with 'rage'. It is from this definition that TQM embraces craze techniques to augment the general benefits of their organizations. As indicated by Camerer and Knez, the way that administration styles like Total Quality Management (TQM), authoritative culture and Business Process Reengineering is expected to embracing administrative devices on a transitory premise, in this way on the off chance that the activity of TQM is organizing change, at that point, when the activity is done the wording gets futile and should clear a path for another 'prevailing fashion' (Jackson, 2001, p. 21) Therefore so as to class an administration thought as a genuine 'craze', one must investigation the market and distinguish the objective purchasers. The executives apparatuses have additionally gotten progressively powerful in explore practice. For instance, the field of brand and advertising consultancy utilizes strategies getting from ethnography, as prove by press inclusion in the UK Sunday Times Business Section (25 August 2002, area 3, p. 8). The creator has discovered that the world's driving publicizing offices progressively utilize interpretive methods drawn from distinguishing 'trend' conduct in their quest for entering shopper experiences. (Hackley, 2003, p. 2) In conditions where there are umpteen ... As indicated by different inquires about pretty much characterized every now and again science terms offer unpredictability to science speculations with implications increasingly pertinent to firms. Association change 'prevailing fashion' strategy prompts rise and strengthening as an apparatus for the executives. The record in the course of recent decades where on one hand presents trend's sensibility, then again expresses its shortcomings too. In this setting 'craze' is abused on the grounds of authenticity for the executives thoughts that don't become legitimized by laying on an establishment of excellent research are immediately supplanted by the following trend waiting to be addressed. (Lissack, 2002, p. 207) It is in this way a bit much that the arrangement is constantly sensible. Anyway it frequently relies on purchaser outside and interior research. On the off chance that for reasons unknown an association has stayed incapable to distinguish buyer needs, there is a likelihood that 'prevailing fashion' method falls flat. Regardless of whether an association is meant to rebuild its item or brand the board or an association is focused to re-brand techniques, it needs to make its 'prevailing fashion' powerful. In this way so as to make a 'prevailing fashion' arranging compelling, the organ ization needs to embrace situation driven arranging and investigation. Situation Planning So as to put a stoppage to the declining profitability, corporate rebuilding is required as situation driven arranging which goes about as another efficiency hotspot for technique structure and usage. The best thing about situation arranging is that as opposed to receiving a solitary substitute to the issue, it records all the conceivable elective strategies and arrangements. Situation Planning or an anticipated arrangement of occasions starts by distinguishing factors pertinent to a company's
Tuesday, May 26, 2020
Essay Topics For Early Childhood Education - A Look at Essay Topics for Early Childhood Education
Essay Topics For Early Childhood Education - A Look at Essay Topics for Early Childhood EducationEssay topics for early childhood education are one of the most essential things to consider before starting to write your essay. The essay topic is what a student looks at as a template to help them know how to structure their topic based on the key concepts that they will be writing about. The topic must have structure and be written in such a way that it is clear to the reader.Essay topics for early childhood education do not only revolve around the learning aspect of the curriculum. The essays should also be based on the overall purpose that you want to get across to the reader. There are some topics that will be more useful than others for certain individuals. To determine the best essay topics for early childhood education, here are some of the categories to consider.While there are many different topics that are considered by teachers for a reason to help children gain information, it is usually easier to come up with interesting topics that are more interesting for children to read. When looking at your essay topic, think about what topic will be most interesting for a child.In your essay topics for early childhood education, you should include all the important points in the area of the topic. For example, if you are going to be writing an essay on the importance of listening to your parent's wishes, then you should go into detail with the importance of listening. In addition, you can go into why listening is so important. You should also include all the tips for taking care of yourself and your health in relation to listening to your parent's wishes.Another category that is important to consider is a good layout in your essay topics for early childhood education. By being organized and getting the topic out in an easy to read format, you will be able to be more effective when it comes to writing your essay. This is so because when a child is reading it, he or she is more likely to understand what you are trying to say.Remember, however, that you do not want to get too technical in your layout. There are certain times that you will need to use some detail in order to make it easier for the reader to understand. It is also important to remember that you are not writing your essay topics for early childhood education for the sake of writing it. You will need to look into the type of person that you are writing for.Being organized and keeping the information easy to understand is the perfect way to stay organized in your essay topics for early childhood education. The best way to ensure that you are going to be organized and see your writing through is to incorporate your list of topics into your essay and see how easy it is to read.
Saturday, May 16, 2020
New Food Launching Analysis Essay - 2109 Words
Case 4 : NEWFOOD CORPORATION 1 . Executive summary The NEWFOOD Corporation is a company that is looking to expand their market by introducing a new low carbohydrate food product. The new product has been dubbed K-Pack and will be packaged similar to a candy bar. Mr. Johnson, CEO of NEWFOOD Corporation, expressed interest for determining the K-pack demand and a good marketing mix impact. The marketing mix will incorporate variables such as price, advertising and promotion strategies. Susan, the NEWFOOD marketing director, predicted a positive result from introducing the K-pack to the diet/snack food market. As a marketing initiative, NEWFOOD decided to conduct a 4-month test market study of sales at 24 stores in 4 different cities.â⬠¦show more contentâ⬠¦Also, there are limitations set on parameters set on price, so we have only assumed the $0.50, $0.60, $0.70 categories. We noticed in our regression analysis that the location within the 24 stores did not make a significant impact on our regression ââ¬â 2% increased correlation. In addition, city location had a negligible impact on sales; it was measured to be close to 0%. We have omitted these factors assuming that they will have the same impact on a sales regression on a national level. 4. Marketing strategy (3 pts) Having encouraging pre-test market result as presented in cash flow; the company expects to sell 750,000 cases of K-Pack, using a mix of 50 cents per package with 3 million dollars in advertising per year. However, to ensure that this prediction is credible, the company is conducting test-market (as described above) aiming to get insights on marketing mix variables on sale, profit potential of the products, and estimation of first year sale. After having tested the marketing mix variables, the experiment shows that the least influential factors are city and location. The companyââ¬â¢s marketing strategy is effective equally no matter where the new product is shelved and sold geographically. In terms of pricing, it is strategically recommended to price at 50cents per package. Lastly, we found that higher advertising level would promote higher sale; thus, it is recommended to use highest advertisingShow MoreRelatedContadina Pizza1227 Words à |à 5 PagesNestle Refrigerated Food Company (NRFC) has the opportunity to extend its Contadina brand name into the refrigerated pizza market. NRFC must determine whether adding a pizza, with or without extra toppings, will meet specific financial objectives and increase sales. Possible Decision Alternatives Our analysis shows that NRFC can 1) maintain the status quo, 2) introduce the refrigerated pizza without toppings, or 3) introduce the refrigerated pizza with toppings. Analysis of Industry Pizza isRead MoreCase Class or Mass Analysis 1330 Words à |à 6 PagesShuman Zheng 10/21/2014 MGMT 430 Case Analysis: Class or Mass A. Executive Summary: The North Americas third - largest seafood producer Neptune Gourmet Seafood is known for the brand reputation, premium product and quality they served in the high-end seafood industry. Recently they are facing the challenge of inventory pileup in a short period of time due to the investment in state-of-the-art freezer trawlers, along with new fishing regulations. Whether cutting the current price by around 50% toRead MoreEssay about Mccormick764 Words à |à 4 PagesCase analysis on McCormick Company Background: McCormick is a worldââ¬â¢s leading manufacturer and provider in spices, herbs and seasonings industry, founded in 1889 in Baltimore. Its yearly sales account for around 21% market share in global market and 17% market share in US market. McCormick sources globally and has more than 1500 suppliers. 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The pet food will focus its marketing strategies for the small and medium size dogs, along with a line for felines. ââ¬Å"Only Natural Pet Foodâ⬠targets people with active lifestyle make itRead MoreNatureview Farm Case1181 Word s à |à 5 Pagesincrease its annual revenue to $20 million in two years. With a solid relationship with its current, successful strategy in the natural foods channel it is considering expanding into the supermarket channel. Conversely, it does not want to hurt the company brand it has created as a premium yogurt brand in the natural foods market and betray those loyal, natural foods customers who made their business what it is today. In the case, Natureview is considering three options to expand its operations toRead MoreChipman Union Inc. Odor Eater Socks1487 Words à |à 6 Pagesestimated at 10% of units and 11% of factory sales. The distribution channel of CU was also wide spread. In 1979, over 90% of its production was sold to 33 retail chains of which only 3 accounted for around 60% of the volume. 1% each was sold to food and drug stores and catalog show rooms. About 1.5% of the volume was even exported. Bryan Hagen; President and Vice-president, Sales were responsible for the pricing decision that CU takes and although their effort had yielded a 15% gross marginRead MoreChipman Union Inc. Odor Eater Socks1480 Words à |à 6 Pagesestimated at 10% of units and 11% of factory sales. The distribution channel of CU was also wide spread. In 1979, over 90% of its production was sold to 33 retail chains of which only 3 accounted for around 60% of the volume. 1% each was sold to food and drug stores and catalog show rooms. About 1.5% of the volume was even exported. Bryan Hagen; President and Vice-president, Sales were responsible for the pricing decision that CU takes and although their effort had yielded a 15% gross marginRead MoreWhole Foods Market, Inc.1162 Words à |à 5 PagesKayla Avery 10k Analysis CBAD 478 May 22nd, 2016 Whole Foods Market, Inc. was founded and created by four business people in Austin, TX during 1980. The founders opened Whole Foods Market because they wanted a supermarket that offered natural foods. This company was able to be successful because at the time they opened there were less than half a dozen natural food supermarkets in the United Sates. In 1984, they build stores in Houston and Dallas, they then moved to New Orleans, and eventually
Wednesday, May 6, 2020
Different Cultures, Different Essay - 957 Words
Every society and culture has different ways of interpreting and defining occurrences by the way their own culture or society functions. ââ¬Å"A societyââ¬â¢s culture, consists of whatever it is one has to know or believe in order to operate in a manner acceptable to its membersâ⬠(Geertz 242). The rituals, customs, ethics and morals that are attributed to the cultures have caused these differences. To understand how the people of one culture interpret a situation or event, one must evaluate the attributes that a culture has. The criteria that an event is based on changes as one culture applies their own ideas to the given situation. Heroism and violation are two concepts that are easily misinterpreted depending on cultureââ¬â¢s ideals. Since culturesâ⬠¦show more contentâ⬠¦What tripped Cohen up, and with him the whole, ancient pattern of social and economic relationships within which he functioned, was a confusion of tongues. (Geertz 241) Geertz explains that the reason for the confusion, and the different interpretations of the event that took place is a simple misunderstanding that when took place in clashing cultures with different views, both striving to claim the situation in their own contexts became a somewhat humorous event. This conflict between cultures causes a view of a person to change depending on which point of reference they are being seen from. nbsp;nbsp;nbsp;nbsp;nbsp;In Ernest Hemingwayââ¬â¢s ââ¬Å"Indian Camp,â⬠the conflict between cultures again cause a difference of views of the father. The concept of heroism and violation becomes the issue of conflict. The father or doctor is considered a hero or a violator of the Indian woman depending on the culture viewing him. From the fatherââ¬â¢s culture, he is viewed as a hero for his actions at the Indian camp. His actions are viewed as heroic under the circumstances of his procedure. Because of the culture of the Indian people, having a white man, an outsider of the tribe, come in and operate on an Indian woman is viewed as obscene and a violation of the woman not toShow MoreRelatedInternational Students Face Three Principle Challenges1298 Words à |à 6 Pagespursue higher degrees. International students contribute significantly to the diversity of the campus, as well as helping to increase schoolsââ¬â¢ funding. However, lots of international students have t o experience a tough period in the State, due to culture difference and the language barrier. People might notice that most of the international students are shy and donââ¬â¢t talk too much in the class. But people might not be aware of the kinds of insights thoughts international students possess, along withRead MoreImportance of Books in Life756 Words à |à 4 Pagesways. Besides, the mains important elements that help people to learn are books and experiences because of their unlimited benefits. The book is a valuable source of knowledge that consists of infinite benefits. It transports us into different worlds and cultures, as well as, it informs us about ancient civilizations and lore. In addition, it helps us to learn about new technologies and literature. It allows speaking languages fluently and to communicate spontaneously. Therefore, the book can beRead More Cambridge Admissions Essay817 Words à |à 4 Pagesdresser and fell asleep every evening in the surreptitious murmuring of Voices from America from a small radio by Grandpas pillow. By fourth grade, I figured out that the two stations often reported the same events from opposite standpoints, using different words and tones, and thus projected contradictory interpretations onto the same events. Eager to share this revelation with my grandparents, I pointed out the differences between the two stations by singing their respective theme songs and by imitatingRead MoreDescriptive Essay About Myself1127 Words à |à 5 Pageson myself and talk about the Environment I grew up in. This way people can get a better understanding of why I am the way I am. My Background is so essential In making me myself because If I had been born under any different circumstances or grew up any differently I would be a different person than I am today. I was born in Aberdeen Scotland but raised in Fort Bend County Texas. Aberdeen and Fort Bend both have great opportunities but differ in many ways. One way in which they differ is that FortRead MoreGraduation Speech : My Mba Program1762 Words à |à 8 Pagescontinued to ask myself these questions time and time again in these last few weeks of my MBA program. I almost could not even believe that it had all just come to an end, just like that. 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The rebels...The ones who see things differentlyâ⬠(Isaacson 329). This excerpt from Appleââ¬â¢s brilliant ââ¬Å"Think Differentâ⬠campaign in 1997, written to shed its then hackneyed image, is part of perhaps the most iconic advertisement campaign of the century. An ad capturing the companyââ¬â¢s counterculture attitude, it also happened to describe the thoughts and personality of its former CEO, Steve Jobs. Jobs, who wrote parts of the campaign himself, identifiedRead MoreStudying Abroad At High School1205 Words à |à 5 Pagescultural awareness, it is a chance to receive education, career, and lifetime benefits, and the trip will strengthen the mind, body, and soul. First of all, just realize the fact that there are 195 different countries in the entire world and realize that someone is standing in only one of those 195 different places. Now, imagine that he or she traveled to somewhere across the world from where they live. Some people would argue that it will be a waste of money, it wonââ¬â¢t be worth it only for a few numberRead MoreMatching Men : Tinder And The Presentation Of Masculinity1363 Words à |à 6 Pagesan order to do things in. For example, someone would ask the other person out, they would start dating, get married, move in together, and then have kids. In todayââ¬â¢s world, there is no set script. Many people are doing things differently, and in different orders. As people are becoming more and more tolerant of differences, dating is evolving to include things it never used to. With this all happening, dating and hooking up in todayââ¬â¢s world is as messy and confusing as ever. Learning about it whileRead MoreThe Nove l 1984 by George Orwell914 Words à |à 4 Pagesthe same advertising agency who completed the 1984 commercial, to create a campaign that reminded the world what Apple was about and what the company meant. The now iconic commercial titled ââ¬Å"The Crazy Onesâ⬠would launch the companyââ¬â¢s slogan ââ¬Å"Think Differentâ⬠into our vocabulary. The individuals shown are some of the great individuals of the twentieth century, in fairly distinct fields. The images of these people serve a simple purpose - that of generating positive ethos. This ad is focused more on
Tuesday, May 5, 2020
Peninsula hotel Marketing Plan free essay sample
â⬠¢Executive Summary Set in the heart of the ââ¬Å"Magnificent Mileâ⬠, The Peninsula Hotel Chicago is ideally situated for visitors to experience all that the city has to offer. On the doorstep of Chicagoââ¬â¢s premier business and shopping district, the hotel is located in the center of the cityââ¬â¢s most exclusive shops and steps from the historic Water Tower. The Peninsula Chicago has 339 luxurious and spacious guestrooms and suites furnished in a magnificent classical style. The Peninsula Hotel property is renowned for its convenient and strategic location within the city. Also synonymous with the brand are the high level of personal service guests receive, and the comprehensive business facility available in luxurious settings. The Peninsula Chicago is targeting rich businessmen, repeat executives and leisure travelers by offering them great discounts in order to bring the occupancy and revenue up for the second quarter of 2011. By analyzing the marketing environment and completing the SWOT analysis the hotel can create specific strategies in order to meet the marketing objectives. The action plan will organize and distinguish the activities during the second quarter within the marketing team. Our marketing plan is structured to enable us to achieve the strategic goals we have set for ourselves in terms of increasing overall revenue as a result of differentiating our products and services from the competition. Our marketing team will ensure that the plan is implemented to the best of their ability and with the highest levels of efficiency and accuracy. All figures will be monitored on an ongoing basis in relation to projections versus actual. The ongoing plan will be altered or manipulated as necessary in order to react to and, wherever possible, anticipate external changes to the environment. II. Environmental Analysis â⬠¢The Marketing Environment Competitive Forces Five Star Alliance classifies Peninsula Hotel as the only hotel in the Super Luxury category in the city of Chicago. The Peninsula Chicago, a Five-Diamond and Forbes Five-Star award-winning hotel, sits along the Magnificent Mile in downtown Chicago. The 339-room property blends The Peninsulas exemplary East meets West graciousness and trademark sophistication with Midwestern hospitality. Ample indoor and alfresco dining options are offered to delight the most demanding pallets, and The Lobby is the perfect location to enjoy traditional afternoon tea and weekend evenings of jazz. Another highly acclaimed feature of The Peninsula is its spa. At The Peninsula Spa, guests are treated to ESPA holistic treatments, complemented by an extensive offering of amenities, including an indoor pool with stunning views of the city, relaxation lounge with fireplace, fitness center, yoga room, and ââ¬ËNaturally Peninsula Spa Cuisineââ¬â¢. Having acquired these prestigious recognitions, does not excluded The Peninsula from having any direct competitions. For discreet and gracious service, one can always count on The Peninsula main rival, The Four Seasons. Despite being classified under classic luxury category by Five Star Alliance, The Four Season has won other highly praised awards like Conde Nast Award Winner, Travel Leisure Award Winner, Mobil Award, Andrew Harpers Hideaway Report survey, for the sixth time in 10 years. Having said that, due to the specific target market or niche (which will be further explained in this paper), this classic beauty does not necessarily appeal to the younger generation. This is a challenge shared by both hotels, The Peninsula and The Four Seasons. Built in 1929 as the Medinah Athletic Club, an exclusive mens club for members of the Shrine Organization, Intercontinental is a beautifully ornamented historical tower with an unmatched location that opens to North Michigan Avenue. Unlike The Peninsula and The Four Seasons, Intercontinental hotel is historic yet hip, refines yet comfortable, cultures yet casual. In spite of the image, a young business traveler who is still untested or have not experience Intercontinental Hotel before would have a more grandeur point of view of the hotel. A traveler as such may opt for Trump International Hotel for its youth appeal. Unlike the heavy masonry facade of Intercontinental Hotel, the Trump Int. is a soaring composition of polished stainless steel with gleaming tinted glass. The architecture is meant to resonate with the Donald Trump Empire which is larger than life. This could be a blessing or a curse for Trump as a brand. To create a brand base on legacy, can mean that it might just be temporary. Ultimately, time will test the brand longevity behind the product and service. Another hotel with less contrivance is Park Hyatt. Integrating understated elegance with contemporary luxury, Park Hyatt Chicago is a seamless blend of warmth and innovation is a sophisticated atmosphere. The stunning lobby feels like a sleek, modern art gallery adorned with paintings by famous German painter Gerhard Richterââ¬â¢s and furnished by famous Chicagoan architect Frank Lloyd Wright and Le Corbusier. Some might say that it is evident that Park Hyatt Chicago is portraying an image that is coined by most boutique hotel by customizing to a certain ecstatic and taste. A more typical example of an elegant boutique hotel in Chicago would be Elysian Hotel. The entire concept of Elysian hotel is based on the glamour period of the 1920s and 30s. The overall architecture palette of dramatic black and white serves as a beautiful backdrop of this hotel. Located in the rich neighborhood of Gold Coast and away from most Chicago attraction can be a selling or losing point of Elysian Hotel. â⬠¢Boutique hotels possess a major competition in the future as the current demographics seeks for something unusual, eclectic and fresh. â⬠¢Product positioning will be expensive for peninsula. Other boutique hotels like The James and The Wit would further lower their prices because they can afford to do it as it costs less for them to do so. Economic Forces The general economic condition of the country is poor. The country is in the midst of recovering from the worst economic recession of recent history. The financial industry and real-estate turmoil has spilled into almost every industry in the country; this is no different for the hospitality industry. Furthermore, the city of Chicago is infamous for having the highest taxes in the country and highest gasoline prices in the country as well. Consumers are having a difficult time making ends meet and staying up-to-date with their current debt and financial obligations. While government officials remain optimistic, consumers are hurting financially and seem pessimistic on the outlook of the near future. Political Forces / Legal and Regulatory Forces In March 2011, the Legislative Action Summit (LAS) will be held in Washington. Congress, with over 100 new members this term, will have the opportunity to meet and hear from the lodging industryââ¬â¢s top executives along with the American Hotel and Lodging Association (AHLA). The purpose of the LAS is to create relationships and educate lawmakers on the importance the lodging and hotel industry has on the economy: annual sales exceeding $127 billion and travel-related wages over $186 billion. Also important to note, nationally, the travel and tourism industry is one of the top ten employers in 49 states: including Illinois. Illinois state taxes are one of the highest in the nation; city taxes (the taxes Chicago imposes) are the highest of any city in the country. Gas prices in Chicago also ranks number one in the country. In 2009 travel volume fell 13 percent compared to 4. 3 percent nationally. However, hotel-motel tax receipts were up nearly 7 percent in 2010 and industry executives believe it will rise another 2 percent in 2011; Elmhurst-based hotel consultant Ted Mandigo agrees with this estimate. Signs of recovery have been observed, mostly with the spending of the wealthy. Luxury hotel business and luxury social scene catering has held steady during the recession and shows signs of slow improvement while the corporate market has faltered. Chicagoââ¬â¢s hospitality industry depends on both local and visitor markets. Hotel occupancy rates in the city are rising from the tough times of 2009. Further evidence of recovery can be seen by the resurrection of plans to construct a luxury hotel at McCormick Place. At the Peninsula Chicago, five Christmas tea buffets for children were held rather than the previous two, due to high demand. Plans to develop a luxury hotel in the former IBM building at 330 N. Wabash Ave are also being revived. Still, industry executives believe a hospitality industry comeback will likely be drawn out and take time. With the debt the city is in, the financial landscape continuing to look unstable, and a Mayoral election around the corner, caution must be exercised. Technology Technology is changing the way we live our lives and do business; the same goes for the hospitality industry when it comes to technology. In-room check-out and financial balances viewed on the television are common. Blackberry has launched an app to help managers manage rates when they do not have access to a computer (RTSuites being the popular App). Online bookings have increased as much as 25 percent in some hotels due to video features online such as Vbrochures and virtual tours. Sales and Marketing departments have had significant increases of visitors to their websites that feature ââ¬Å"Video Syndicationâ⬠as well as positive customer feedback on the use of technology on their website. Mobile technology seems to be the focus of many hotels on the technology front: Apps for Blackberry, Smart Phones, and the IPad have grown exponentially. A growing focus has been placed on social media outlets as well; which has gained the attention of hotel executives and marketing departments throughout the hospitality industry. Socio-cultural It is important for hoteliers to bring the generations together and begin to serve their different habits, patterns and needs. â⬠¢Offer choices that give customer options rather than pre-determined packages. Create experiences versus tours. This allows individuals or multi-generational groups to determine what best works and appeals to them. â⬠¢Adopt a universal design approach that includes lower beds, brighter lighting, larger fonts, and walk-in showers that are all easier to use, yet hip, cool and high-tech so that younger consumers are drawn to their design. â⬠¢High-tech guestrooms must become the norm rather than the exception. Today, itââ¬â¢s all about Internet access, wireless environments, and flat-screen TVs on the walls. But hoteliers must strive to keep up with the relevant technology that is not only expected from the business traveler, but also the leisure and younger sets. The continual widespread adoption of technology by the public will continue to have impact on the consumer expectation of their hotel experience. â⬠¢While there will be an increase in health travel offerings targeting the aging population such as medical spas, the offerings should also include elements of adventure, spirituality, or stress management that will appeal to younger markets. â⬠¢And finally, consider creating a panel of half a dozen or more people from different age and cultural groups who are willing to talk with you on a regular basis about their concerns and experiences, while giving you honest feedback on your products and services. Sustainable Group International Hotels Environment Initiative (IHEI) and Accor = revealed that 90% of hotel guests preferred to stay in a hotel that cared for the environment Regulation of the tourism industry by governments in the form of planning restrictions, mandatory =Environmental Impact Assessment (EIA) and laws relating to business practice has exerted pressure on hotels to adopt sustainable environmental practices. NGOs and other pressure groups = Tourism Concern, World-wide Fund for Nature (WWF), Equations and Friends of the Earth have also exerted pressure on hotels to become increasingly concerned about their environments. â⬠¢Target Market The Peninsula Chicago counts with 339 luxurious rooms and suites with amenities such as marble bathrooms and 50â⬠plasma televisions which positions the hotel among the most luxurious in the city. It holds a remarkable reputation and has won awards such as the Mobil Five Star and AAA Five Diamond recognition. Room rates at the Peninsula Chicago vary according to season and availability but they can go all the way from $395 to $8,000 per night. To complement the experience, the Peninsula counts with acclaimed wine and dine establishments and amenities well suited for each population cluster that is being targeted. In order to better understand the manner in which the Peninsula has picked its market, we first must identify, analyze and understand their product and firm. In addition, it is necessary to identify a segment of the population that is best suited for the operation and finally we must identify all gaps or missing targets. To identify the target market for the Peninsula we need to understand the benefits offered by the firm and connect them with a specific segment of the population to whom these benefits are akin. When a specific population decides to purchase a hospitality experience it is mainly to satisfy the following needs: comfort, prestige, price, recognition, attention, romance, quiet and safety. Once the benefit has being paired with the needs that are being satisfied, then the target market has being properly identified. Identification The Peninsula Hotel is a five star, five diamond award winning hotel in Chicago. It is located downtown in the famous Michigan Avenue or The Magnificent Mile. It is a luxury hotel targeted to a very small cluster of the population, the most privileged one. The Peninsula goes forward to offer one of the most exclusive and prestigious lodging in the country dividing its attention into four groups in order to best suit their specific needs and wants. The four groups are as follow: 1. Business Travelers: The Peninsula Chicago offers a great venue for prestigious business travelers as it is located in the center of economic and financial districts in the city. Also, the hotel offers amenities such as free Internet and high technology rooms to complement the business travelerââ¬â¢s stay and make it most comfortably. Together with offering a number of characteristics that facilitate making business, the Peninsula also offers a series of amenities to take care of the wellness of the traveler. Such amenities are the spa and the fine dinning award winning facilities at the hotel. The Peninsula offers outstanding accommodations that best suit all kinds of business travelers. The productive, the entertainer, the stressed one, or which ever the kind, the rooms, spa, fitness center, meeting rooms, and dinning facilities at the hotel are efficient enough to make the traveler feel exceptionally well treated. The Events and Meetings part of the operation offers elegant spaces through out the hotel to carry out flawless business meetings. The hotel also offers private offices and board rooms with exceptional views of the windy city. 2. Leisure Traveler: The Peninsula Chicago offers a sense of luxury and graciousness derived from its Asian heritage. The operation as a whole encompasses luxury and elegance that is transferred to the travelers through all the hotel facilities. The Spa, wellness center, fitness center, cafe, restaurants and bars offer the most exclusive leisure travelers a delightful experience when visiting Chicago. For leisure travelers, The Peninsula offers a program especially designed to best attend all the needs of the traveler and families. The Peninsula Academy is a program that offers an insight into the most delicate side of the Asian culture. A chef, a tea ceremony and a kids program are part of this academy offered as a way to give out the most personalize experience to the guest. 3. Family Travelers: The Peninsula welcomes travelers with families and offers a complete stay capable of successfully satisfying travelers of all ages. Aside from the preciously mentioned The Peninsula Academy, the hotel also counts with large suites with up to three bathrooms, such quality is highly important when traveling with children. The concierge at the hotels offers information regarding transportation and advise on to where to enjoy family leisure time in the windy city. Another exclusive feature are the amenities such as video game consoles, crayons, books, cribs and baby sitting arrangements, and others which are especially created for the comfort of parents traveling with children. 4. Dinning and Entertainment: This hotel counts with four different restaurant, a bar and a cafe wine bar. All establishments offer an above average food that has being awarded throughout the years all together with the recognized Chefs cooking it. 5. Celebrations: Another big percentage of the Peninsulaââ¬â¢s main target is the cluster population within its target market that wants to host an event. The venue at the Peninsula offers a luxurious environment to host elegant parties. All celebrations can be further divided into four occasions: a. Weddings: The most demanded celebration hosted at the hotel are weddings which start at a rate of $50,000 regardless of the number of guests. All dining menus can be chosen from the four restaurant and bars at the hotel. Together with the booking of a venue for the wedding, benefits such as a personal wedding planner, special rates for guests and complementary changing rooms for bride and groom are included. The hotel counts with four venues for wedding celebrations. b. Meetings: Corporate meetings are the largest percentage of the meetings hosted at the hotel. The spacious rooms well distributed in 2 floors create a sensation of privacy. Also, all parts of necessary for a meeting are given by the hotel, such as audio-visual equipment. c. Events: In this section all the rest celebrations are embraced at one, here all birthday parties and bar mitzvah among others are offered the same benefits as weddings and meetings. Those benefits being: personal planner, accommodation, special rates, etc. d. Venues: The luxurious Peninsula offers four different venues inside the hotel to host all types of celebrations. III. SWOT Analysis A. Strengths The Peninsula is one of the few 5 star hotels in Chicago and with that not only comes high status but high standards of service and food. The Peninsula offers personalized professional service that other hotels cannot measure up to. Guests that are looking to be pampered and have an extraordinary experience look to stay at hotels such as The Peninsula. This works in the favor for The Peninsula because this hotel is known for its exquisite standards and guest service. Another strength of The Peninsula is its prime location. It is located on Michigan Avenue in the heart of the Magnificent Mile. The guests who can afford to stay at the Peninsula hotel would not settle for a destination anything less than perfect. By having this prime location it permits the hotel to cater fully to any need the guest may have. One of the most important strengths is that they are consistent and recognized globally for their hospitality. According to an article by the Preferred Hotel Group, The Peninsula Chicago was rated #16 for ââ¬ËTop 100ââ¬â¢ in the world and #2 for Top 100 hotels in the United States. (2010, Preferred Hotel Group Press Release). By being honored with these ratings The Peninsula Chicago is able to say they are one of the best in the business and can back it up. By having these ratings they will attract guests who are looking to stay at a hotel for just the name. All of these strengths combined is what allows The Peninsula to attract guests and meet their needs. B. Weaknesses One of the major weaknesses of The Peninsula is their high cost which then leads to an overall smaller target market. Especially in an economic downturn there are less people who are willing to pay the high cost so business overall at The Peninsula will suffer. Along with high cost comes a high expectation. This unfortunately can work as a weakness for The Peninsula because if they were to underperform they may lose money and loyal customers. Also, in these tough economic times The Peninsula has been forced to lower their costs in order to bring in business. This allows for a mixed target market which may skew the appearance of The Peninsula when the economy recovers. The knowledge of these weaknesses allows The Peninsula to understand the importance of high guest service as well as having a specific target market no matter how small it may be. C. Opportunities Consistency within service and performance Consistency is a great opportunity for the hotel to gain loyal clientele. If the customers experience outstanding service this will influence them to come back or seek out the same brand when travelling to a new location. Negative consumerââ¬â¢s experience will make them stop coming back to the same brand. One of the opportunities would be to create special rates or packages in order to attract consumers. Bundled packaging and promotions are great which provide bargains. Since the Peninsula Chicago offers spa services and dining, it could be a possibility to create a bundled package to incorporate hotel stay plus one of the spa treatments and some of the dining options. Awareness of the upcoming holidays In April, May and June there are holidays such as Easter, Motherââ¬â¢s Day and Fatherââ¬â¢s Day, so these days will be an opportunity to for some potential revenue. In addition, wedding season starts in the end of month of April, so this is something to focus on and expand on for luxury brands. Facebook Advertisement/Social Media Hotel brands must approach using Facebook as a valuable asset. Target markets can be reached with extremely low effort and high effectiveness. Social Media sites such as Facebook are able to do this by capture user provided data that creates a niche consumer. The concept of a condo-hotel Offering a five star living for potential consumers is a new way to attract a new target market. Lately five star hotels are joining forces with real estate developers, so the owners of luxury residential properties have access to the spa, bellboys walking the dog, guaranteed reservations in restaurants, or 24/7 room service. Negotiation on prices with suppliers Just like the hotel market is competitive so are those that supply the hotel. Now is the time to bulk up on supplies and negotiate with them or find others willing to satisfy hotel needs at a highly competitive cost. Narrow the market focus Target the guest segments that are still most likely to travel and pay a premium for the luxury experience. Marketing to the previous guests and loyalty club members with special offers is a great way to reinforce the special bond the hotel already has. Providing comprehensive new edge service Technology and partnerships have made it possible to provide services in a one stop shop. The Peninsula could start offering services such as car rental, restaurant reservations, or sightseeing venues all within a kiosk. Itââ¬â¢s a small gesture but many guests would recognize the convenience and foresight in service provided. D. Threats The current economic conditions have caused customers to watch how they spend their money. The fact remains that their prices are quite high as well. It has also caused price wars between luxury hotel brands. In order to combat these, Peninsula needs to stay unique with their service and bundling their hotel packages with other amenities offered i. e. The Spa. This will give the guest a more unique experience and a sense of better value for the money. Corporate spending has either been reduced or eliminated by many organizations which have affected how much and where money is being spent on lodging. With as many rooms that are vacant they can reassess corporate rates and offer creative discounts for booking in advance or volume discounts. Competition from other hotel brands, like Four Seasons, Elysian, Park Hyatt, and Trump entering the market will try to take away customers with creative ideas and in general become a new product offering within the market. Reevaluating current loyalty programs and promotion of reduced rates for returning guests to show customer value will help combat this. In accordance with the above, there is also a high risk that there is a surplus of room availability. Consumers with have more choices and ability to choose hotels due to competition luring them away with similar marketing tactics. Terrorism has become a major factor in the decision for individuals to travel. Chicago has continually become the focus of such threats. Emphasizing the hotels ability to handle these situations and having highly trained security personnel on site bring peace of mind to guests. E. Matching strengths to opportunities/ converting weaknesses to threats The Peninsula has many strengths that can be matched to its opportunities that will then create capabilities. The Peninsula is clearly known for its high status and high standards of service these strengths matched with the opportunity of marketing for upcoming holidays and special deals allows The Peninsula to increase awareness not only about their property to a wide variety of people but about the services that they can offer. Due to the state of the economy it may be difficult to completely change the weaknesses into strengths but it is a long process that can begin now. For instance, The Peninsula has been dropping its hotel rates allowing for a mix of demographics and since they originally have had a smaller target market broadening this has skewed the image of the hotel. By keeping the price at an appropriate rate, and when the economy improves raising the rates completely, The Peninsula will be able to keep their dominant high profile status that allows them to attract certain guests who stay just for the name. There are a great number of factors in todayââ¬â¢s environment that has created numerous threats for The Peninsula. With The Peninsula being within the luxury hotel sector the most obvious threat is the state of our economy and the high end pricing structure they currently have. As consumers watch how they spend their money the choices they make will be based on what brings the most value. To turn this threat into an opportunity, The Peninsula can start offering promotions or bundling of services/amenities in their hotel packages. This will help attract new clientele while giving an opportunity for existing customers to try these services and possibly retaining them to be repeat users of them. Another effect of the weak economy is that there is less spending by corporations on lodging. In order to counteract this result The Peninsula can reassess how they calculate corporate rates by offering discounts based on volume or booking in advance. Since there are vacant rooms on a higher scale than normal this would help fill them and possibly spread the word to other businesses due to the word of mouth from partners of the corporations taking advantage of the newly assessed rates. Although it is tough to run a company in hard times it will not stop competition from entering the market. It would help in this situation to create a feeling of loyalty from customers by offering reduced rates for returning guests or reevaluating current loyalty programs. Unfortunately, the times have created a fear of terrorism and with The Peninsula situated in large metro cities it is a cause for concern. The Peninsula will be able to create confidence in guests by instilling within them that they have the proper personnel and procedures to handle or prevent any of these situations IV. Marketing Objectives â⬠¢Increase non-member guest visits to The Peninsula Spa by ESPA featuring the hotelââ¬â¢s 10 year anniversary in Chicago by April 30th, 2011 by 5%. â⬠¢To increase events sales revenue by 7% in the month of April through June â⬠¢Increase weekday occupancy by 6% compared to the second quarter of 2010 â⬠¢Increase revenue at The Terrace restaurant by 5% for the second quarter in comparison to the second quarter of 2010 â⬠¢Increase online bookings by 3 % in the second quarter of 2011. V. Marketing Strategies â⬠¢Target Market The target market for the Peninsula Chicago is divided upon five categories. Their operation can be suited to satisfy the following: first class business traveler, high class tourist and leisure traveler, traveler with family, event celebration host and wine and dine connoisseur. Consequently, their target market specifications vary according to each category. With the five objectives listed above we have focused on both business and leisure travelers. By targeting our strategies and communication mixes to business and leisure travelers there may be overall improvement in the second quarter of 2011 compared to last yearââ¬â¢s second quarter. Although the Peninsulaââ¬â¢s Target Market is very well differentiated and specifically analyzed accordingly to their wants and needs in addition to demographics and behavior, it is still of high importance to go more in depth in order to understand the customerââ¬â¢s justification for usage of the product and the overall operation. Demographics at the Peninsula Chicago Race Age Income Education Geographic Business Traveler Mostly white, unless Geographicââ¬â¢s change 35-55 70,000-400,000 Masters, PhDs Worldwide Leisure Traveler Mostly white, unless Geographicââ¬â¢s change 25-65 70,000-400,000 College Graduate Worldwide Psychographics and Product Usage according to Behavior at the Peninsula Chicago Interest Activities Opinions/Attitudes Usage Rate Loyalty Business Traveler Business Politics Public affairs Work Relaxation Wine and dine Strongly opinionated. Passionate about his or her interests. High High depending on the perks offered by the Hotel or competitors, accordingly Leisure Traveler Travel Entertainment Health and well-being Sports Travel Outdoors Attractions Spa Wine and Dine Very relaxed, looking for a positive source of energy and enjoyment of their free time High Moderate Competitive Set Chicago is highly populated with hotels. The amount of luxury hotels within the Chicago loop is fairly large. Therefore, they all share the same geographic position and closeness to the major attractions and entertainment venues in the city. Also, all of the luxury hotels offer amenities out of the ordinary. In addition to their location, the hotels physical appearance is generally very luxurious offering top of the line appliances. Being all so similar in concept, the characteristics that differentiates them among each other is their service quality. In the Chicago area the luxury hotels competing for the same or fairly similar target market are the following: Elysian Hotel, Trump International Chicago, The Ritz-Carlton Chicago and The Four Seasons Chicago. â⬠¢Marketing Mix Increase non-member guest visits to The Peninsula Spa by ESPA featuring the hotelââ¬â¢s 10 year anniversary in Chicago by April 30th, 2011 by 5%. â⬠¢Pricing strategy- Re-attract potential customers who have previously used the facilities as periodic guests by reducing membership fees from $1,500 to $750 for individuals and fees for couples from $2,000 to $1,000. -Communication mix: Personal selling to people that are already members in order to get them to come in and spread the word. Referrals from current members will include a $100 ESPA gift card for both parties. â⬠¢Promotion strategy- Further attracting local (greater Chicago area) residents by promoting a 10th anniversary 10 day private membership at The Peninsula Spa by ESPA for $110 including (including use of fitness facilities and half-Olympic length swimming pool. Referrals from current members will include a $10 ESPA gift card for both parties. After purchasing the ten day membership, if a guest would like to sign up for a traditional membership, the $110 will be applied to the initiation fees or the first monthââ¬â¢s membership dues. -Communication mix: An ad will be placed on the website in order to attract new customers and remind the current of new opportunities. A PR blitz will also be done in magazines to inform the public about the 10th Anniversary promotions available. I would like to only use Vanity Fair and Vogue (Full page, glo
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