Answer :
Final answer:
The response covers market segmentation, product positioning, characteristics of hospitality products, marketing challenges related to service intangibility, and solutions with relevant examples.
Explanation:
Segmentation and Positioning in Hospitality Marketing
Market Segmentation: To segment the market, as the marketing manager of a four-star hotel, you can use variables like demographics (age, income), psychographics (lifestyle, values), behavior (loyalty, usage rate), and geographic location.
Product Positioning: Positioning the hotel's products involves creating a unique value proposition that appeals to the target segments, highlighting the hotel's luxury amenities, personalized services, and exclusive experiences.
Characteristics of Hospitality Products
- Intangibility: Services are intangible and perishable.
- Inseparability: Production and consumption happen simultaneously.
- Variability: Services quality can vary based on staff interactions.
- Perishability: Unused capacity cannot be stored for future use.
Marketing Challenges of Service Intangibility
Challenges: Intangibility makes it harder for customers to evaluate services, and service quality may vary.
Solutions: Providing tangible cues like a beautifully designed hotel lobby and offering exceptional customer service can address these challenges.
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