Topic : Marketing in Hospitality Paper Type : Assignment Word Count : 3500 Words Pages : 15 pages Referencing Style : Harvard Referencing Education Level: Masters Marketing in Hospitality [Name of the Writer] [Name of the Institution] Marketing 1 Marketing in Hospitality Task 1 (a) SWOT Analysis Strengths A large membership base A big list of community based programs Strong volunteers A wide network of stakeholders consisting of State and National Government Strong leadership, and responsive administration Weaknesses Inefficient management of volunteers Have to face several constraints by being a government body Less support for the parents and other groups of the society Lack of efficient planning mechanism. Inadequate allocation of resources Opportunities Working in partnerships with national, international and the local bodies Increasing monopoly Technological advancements, might results in enhanced communication Increasing awareness in the society and political members of the community Threats Increasing population Ever increasing stakeholder expectations Rising inflation Dearth of awareness regarding the individuals affected Resistance towards change Marketing 2 PESTLE Analysis Political Governments and regulatory bodies need to find a way to increase support for careers, and need more funding’s in order to look after historical landmarks. Currently the organization does not seem to be high priority for government today (only spend 13% of that is spent on the maintenance of these properties). The increasing amount of property rates and low funding’s resulting in the formation of a hurdle in purchasing several properties. The population is aging at a very fast pace, and the pressure is increasing since the amount of funding’s from the government is very low. Economical Global recession that has struck all the industries has also had a huge impact on the performance of National Trust. This will have a huge impact on the donations as people will cut back their donations due to low income. Consumer confidence has hit rock bottom, difficult times ahead as potential for unemployment is going to increase. The price of equipment’s has also been increasing, equipment’s essential for looking after and maintaining the condition of the old houses. Thus, all of these factors have raised some serious concerns for the National Trust. External funding’s Marketing 3 Social People today understand the need to give, increasing popularity of cause related marketing increasingly popular. Ageing population; older people living longer, divorce rates high so more single households this will result in less careers and puts more pressure on the older individuals. Greater interest in environmental issues, ethical trading, reputation of companies and organizations, amounts bequeathed in wills to rise fourfold between 2010-2050 though may be used to fund properties. It would be beneficial if National Trust includes data on social attitudes of the people and demographics to generate future trends. Technological A critical factor while keeping the organization in consideration would be the technological factors that have a huge on the fundraising techniques of the non-profit sector. Developments in the field web technology, and automated bank payments all fall under this category. With the advancement of technologies organizations like National Trust can implement sophisticated database marketing techniques for efficient management of their customer and funds database, more and more activity on internet and people willing to donate on line. Legal Introduction of new legislation might prove to be problematic for National Trust. It could result in the creation of new administrative burdens. Company might have to face some legal restriction in case the organization fails to comply with the legislations. Legal action might be taken against the organization. Marketing 4 Environmental With the rapid changes in the environment company might have to face some challenges in generating funds from its current market segment. Thus, the organization might have to look for some new market segments, there is a growing need for organizations like National Trust to target environmentally aware and cause related target segments Task 1 (b) The major aim of National is to make their clients loyal so that over a period of time these clients become their “promoters" and elevate their product to different customers. Client suggestion is an extremely solid type of advancement. As a business, the National Trust has few immediate contenders, however there are numerous option for people in general to invest their leisure time and cash. Recent trend reveals that, even considering the fact that National Trust is a non-profit organization few youngsters considered it as a conceivable association to work for (Basil,
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