SlideShare une entreprise Scribd logo
1  sur  98
Télécharger pour lire hors ligne
A Study on Internal Perspective of
Marketing Strategies Implemented
by KTDC
Project report
submitted in partial fulfilment of the requirements for
the award of the Degree of

Master of Business Administration
of the University of Kerala

Submitted by:

Belli P K

DEPARTMENT OF BUSINESS ADMINISTRATION
COLLEGE OF ENGINEERING TRIVANDRUM
July 2013
DEPARTMENT OF BUSINESS ADMINISTRATION
College of Engineering Trivandrum
2013

CERTIFICATE

This is to certify that the report titled “A Study on Internal Perspective of Marketing Strategies Implemented by KTDC”
being submitted by Belli P K in partial fulfilment of the requirements for the award of the Degree of Master of Business Administration, is a bonafide record of the project work done by Belli P K
at College of Engineering Trivandrum.

Dr. Chandramohan
Director

Dr. D Bijulal
Professor
Declaration

I undersigned, hereby declare that the project titled “A Study
on Internal Perspective of Marketing Strategies Implemented by KTDC”
submitted in partial fulfilment for the award of Degree of Master of
Business Administration of the University of Kerala is a bonafide
record of work done by me under the guidance of Dr. D Bijulal, Department of Business Administration, College of Engineering Trivandrum. This report has not previously formed the basis for the award
of any degree, diploma, or similar title of any other university.

Belli P K
Acknowledgements

I wish to record my deep sense of gratitude and profound thanks to my
guide Dr D Bijulal, Professor, Department of Business Administration, College of
Engineering Trivandrum for his guidance and help through out the period of this
project work.
At this juncture I accord my deep sense of thanks and gratitude to Dr
Chandramohan, Director and HOD for his valuable direction enabling me to complete this project.
I take this opportunity to express my sincere thanks to Mr Rajmohan G
S, Marketing manager, KTDC for giving me an opportunity to do the project in
their esteemed organisation.
I express my ultimate gratitude to God Almighty who has been an instrument for enlightening me on academic venture.
Last but not the least I take this opportunity to thank my parents and
friends who helped me in making this endeavor a success.

Belli P K

i
Abstract
Marketing is often thought of only as promotion of products, especially
advertising and branding. However it has wider meaning which recognises that
it is customer centered. A review of the literature reveals that marketing strategy is important for all company. Marketing strategy is a process that allows an
organisation to concenterate its resources on optimal opportunities with goal of
increasing sales and achieving suitable competitive advantage.The project work
is conducted in Kerala Tourism Development Corporation (KTDC) at Mascot
square, Trivandrum. KTDC uses a marketing strategy whose effectiveness is uncertain. The primary objective of this study is to evaluate the marketing strategy
of KTDC from employees perspective. For the study a questionnaire was made
based on the variables like brand, market, messages, marketing channels, marketing tactics, marketing campaign, sales tools and website. From the study it is
found that KTDC uses a less effective marketing strategy which needs to be modified. The recommendations provided will give KTDC a framework for making
new marketing plan.
Keywords:
marketing strategy, marketing strategy evaluation, management
perspective , KTDC marketing strategy.

ii
Contents
Page
List of Tables

vii

List of Figures

viii

1 Introduction
1.1 Background of the problem . . . . . .
1.2 Industry profile . . . . . . . . . . . .
1.2.1 Tourism in India . . . . . . .
1.2.2 Tourism in Kerala . . . . . . .
1.3 Introduction to the company . . . . .
1.3.1 Mission . . . . . . . . . . . .
1.3.2 Vision . . . . . . . . . . . . .
1.3.3 Key objectives . . . . . . . . .
1.3.4 Brands and products . . . . .
1.4 Research methodology . . . . . . . .
1.4.1 Objectives of study . . . . . .
1.4.2 Research design . . . . . . . .
1.4.3 Sources of data . . . . . . . .
1.4.4 Statistical analysis tools used
1.4.5 Period of study . . . . . . . .
1.4.6 Hypothesis . . . . . . . . . . .
1.4.7 Scope of study . . . . . . . .
1.4.8 Limitation of study . . . . . .
1.5 Chapterisation . . . . . . . . . . . .

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

1
2
2
3
5
7
8
9
9
10
12
14
14
14
15
15
15
16
17
17

2 Literature review
18
2.1 Marketing mix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
2.2 Market segmentation . . . . . . . . . . . . . . . . . . . . . . . . . . 19
iii
2.2.1 Geographical segmentation . . . . . . . . . . . . . . .
2.2.2 Demographic segmentation . . . . . . . . . . . . . . .
2.2.3 Psychographic segmentation . . . . . . . . . . . . . .
2.2.4 Behavioral segmentation . . . . . . . . . . . . . . . .
2.3 Relationship marketing . . . . . . . . . . . . . . . . . . . . .
2.4 Introduction to marketing strategy . . . . . . . . . . . . . .
2.5 Marketing strategy . . . . . . . . . . . . . . . . . . . . . . .
2.5.1 3 Cs of marketing strategy . . . . . . . . . . . . . . .
2.6 Strategic role of marketing . . . . . . . . . . . . . . . . . . .
2.7 Elements of marketing strategy . . . . . . . . . . . . . . . .
2.8 Types of marketing strategy . . . . . . . . . . . . . . . . . .
2.8.1 Position defense . . . . . . . . . . . . . . . . . . . .
2.8.2 Mobile defense . . . . . . . . . . . . . . . . . . . . .
2.8.3 Flank position . . . . . . . . . . . . . . . . . . . . . .
2.8.4 Counter offensive . . . . . . . . . . . . . . . . . . . .
2.8.5 Preemptive defense . . . . . . . . . . . . . . . . . . .
2.8.6 Contraction defense . . . . . . . . . . . . . . . . . . .
2.9 Marketing strategy formulation . . . . . . . . . . . . . . . .
2.10 Marketing strategy implementation . . . . . . . . . . . . . .
2.10.1 Management involvement in strategy implementation
2.10.2 8S framework of strategy implementation . . . . . . .
2.11 Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . .

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

19
20
20
20
21
21
22
23
23
25
26
26
26
27
27
27
27
28
29
29
30
31

3 Data Collection and Analysis
3.1 Percentage Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . .
3.1.1 Gender wise classification . . . . . . . . . . . . . . . . . . .
3.1.2 Age wise classification . . . . . . . . . . . . . . . . . . . . .
3.1.3 Qualification wise classification . . . . . . . . . . . . . . . .
3.1.4 Experience wise classification . . . . . . . . . . . . . . . . .
3.1.5 Income wise classification . . . . . . . . . . . . . . . . . . .
3.1.6 About the clarity in communication . . . . . . . . . . . . . .
3.1.7 Usage of brand identity . . . . . . . . . . . . . . . . . . . . .
3.1.8 Awareness about profitable customers . . . . . . . . . . . . .
3.1.9 Awareness about customers changing buying behavior . . . .
3.1.10 Opinion on up-selling and cross selling . . . . . . . . . . . .
3.1.11 Key marketing messages that is consistently delivered in media
3.1.12 Experience customers have while interacting with employees

33
33
34
35
36
37
38
39
40
41
42
43
44
45

iv

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
3.2

3.3
3.4

3.1.13 Targeting of messages to specific market segments .
3.1.14 Opinion on shifting marketing to new channels . . . .
3.1.15 Opinion on maximizing the value . . . . . . . . . . .
3.1.16 Opinion on marketing tactics . . . . . . . . . . . . .
3.1.17 Integration of social media into traditional marketing
3.1.18 Opinion on creativity used . . . . . . . . . . . . . . .
3.1.19 Clarity of marketing materials used . . . . . . . . . .
3.1.20 Resonance of offers . . . . . . . . . . . . . . . . . . .
3.1.21 Effectiveness of offers . . . . . . . . . . . . . . . . . .
3.1.22 Role of offers in the product value . . . . . . . . . . .
3.1.23 Sales brochure attributes . . . . . . . . . . . . . . . .
3.1.24 Integration of sales tools . . . . . . . . . . . . . . . .
3.1.25 About the need of new tools . . . . . . . . . . . . . .
3.1.26 About the capturing of customer and prospect data .
3.1.27 About the compiling of email address . . . . . . . . .
3.1.28 About the website . . . . . . . . . . . . . . . . . . .
3.1.29 SEO of website . . . . . . . . . . . . . . . . . . . . .
3.1.30 Focusing of marketing campaigns . . . . . . . . . . .
Chi Square test . . . . . . . . . . . . . . . . . . . . . . . . .
3.2.1 Test of independence . . . . . . . . . . . . . . . . . .
3.2.2 Test of Goodness of Fit . . . . . . . . . . . . . . . . .
Correlation Coefficient . . . . . . . . . . . . . . . . . . . . .
Weighted Average Method . . . . . . . . . . . . . . . . . . .

4 Findings and Suggestions
4.1 Findings . . . . . . . . . . . . . . . . . . . . . .
4.1.1 Demographic profile . . . . . . . . . . .
4.1.2 Findings related to marketing strategies
4.2 Suggestions . . . . . . . . . . . . . . . . . . . .

.
.
.
.

.
.
.
.

.
.
.
.

.
.
.
.

.
.
.
.

.
.
.
.

.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
64
67
69
71

.
.
.
.

73
73
73
73
77

5 Conclusions

81

References

83

v
List of Tables
Table

Page

1.1

Industry profile . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3.1
3.2
3.3
3.4
3.5
3.6
3.7
3.8
3.9
3.10
3.11
3.12
3.13
3.14
3.15
3.16
3.17
3.18
3.19
3.20
3.21
3.22
3.23
3.24
3.25
3.26
3.27
3.28
3.29
3.30
3.31
3.32
3.33

Gender wise classification . . . . . . . . . . . . . . . . . . . .
Age wise classification . . . . . . . . . . . . . . . . . . . . . .
Qualification wise classification . . . . . . . . . . . . . . . . .
Experience wise classification . . . . . . . . . . . . . . . . . .
Income wise classification . . . . . . . . . . . . . . . . . . . . .
About the clarity in communication . . . . . . . . . . . . . . .
Usage of brand identity . . . . . . . . . . . . . . . . . . . . . .
Awareness about profitable customers . . . . . . . . . . . . . .
Awareness about customers changing buying behavior . . . . .
Opinion on up-selling and cross selling . . . . . . . . . . . . .
Key marketing messages that is consistently delivered in media
Experience customers have while interacting with employees .
Targeting of messages to specific market segments . . . . . . .
Opinion on shifting marketing to new channels . . . . . . . . .
Opinion on maximizing the value . . . . . . . . . . . . . . . .
Opinion on marketing tactics . . . . . . . . . . . . . . . . . .
Integration of social media into traditional marketing . . . . .
Opinion on creativity used . . . . . . . . . . . . . . . . . . . .
Clarity of marketing materials used . . . . . . . . . . . . . . .
Resonance of offers . . . . . . . . . . . . . . . . . . . . . . . .
Effectiveness of offers . . . . . . . . . . . . . . . . . . . . . . .
Role of offers in the product value . . . . . . . . . . . . . . . .
Sales brochure attributes . . . . . . . . . . . . . . . . . . . . .
Integration of sales tools . . . . . . . . . . . . . . . . . . . . .
About the need of new tools . . . . . . . . . . . . . . . . . . .
About the capturing of customer and prospect data . . . . . .
About the compiling of email address . . . . . . . . . . . . . .
About the website . . . . . . . . . . . . . . . . . . . . . . . .
SEO of website . . . . . . . . . . . . . . . . . . . . . . . . . .
Focusing of marketing campaigns . . . . . . . . . . . . . . . .
Contingency Table . . . . . . . . . . . . . . . . . . . . . . . .
Observation Table for Hypothesi 1 . . . . . . . . . . . . . . . .
Analysis Table . . . . . . . . . . . . . . . . . . . . . . . . . . .
vi

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

2
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
67
3.34
3.35
3.36
3.37

χ2 goodness-of-fit test for observed counts in
Observation Table . . . . . . . . . . . . . . .
Attribute Response Table . . . . . . . . . .
Weighted Average of Attributes . . . . . . .

vii

variable
. . . . .
. . . . .
. . . . .

.
.
.
.

.
.
.
.

.
.
.
.

.
.
.
.

.
.
.
.

.
.
.
.

.
.
.
.

.
.
.
.

68
70
71
72
List of Figures
Figure
3.1
3.2
3.3
3.4
3.5
3.6
3.7
3.8
3.9
3.10
3.11
3.12
3.13
3.14
3.15
3.16
3.17
3.18
3.19
3.20
3.21
3.22
3.23
3.24
3.25
3.26
3.27
3.28
3.29
3.30
3.31
3.32

Page

Gender wise classification . . . . . . . . . . . . . . . . . . .
Age wise classification . . . . . . . . . . . . . . . . . . . . .
Qualification wise classification . . . . . . . . . . . . . . . .
Experience wise classification . . . . . . . . . . . . . . . . .
Income wise classification . . . . . . . . . . . . . . . . . . . .
About the clarity in communication . . . . . . . . . . . . . .
Usage of brand identity . . . . . . . . . . . . . . . . . . . . .
Awareness about profitable customers . . . . . . . . . . . . .
Awareness about customers changing buying behavior . . . .
Opinion on up-selling and cross selling . . . . . . . . . . . .
Key marketing messages . . . . . . . . . . . . . . . . . . . .
Experience customers have while interacting with employees
Targeting of messages to specific market segments . . . . . .
Opinion on shifting marketing to new channels . . . . . . . .
Opinion on maximizing the value . . . . . . . . . . . . . . .
Opinion on marketing tactics . . . . . . . . . . . . . . . . .
Integration of social media into traditional marketing . . . .
Opinion on creativity used . . . . . . . . . . . . . . . . . . .
Clarity of marketing materials used . . . . . . . . . . . . . .
Resonance of offers . . . . . . . . . . . . . . . . . . . . . . .
Effectiveness of offers . . . . . . . . . . . . . . . . . . . . . .
Role of offers in the product value . . . . . . . . . . . . . . .
Sales brochure attributes . . . . . . . . . . . . . . . . . . . .
Integration of sales tools . . . . . . . . . . . . . . . . . . . .
About the need of new tools . . . . . . . . . . . . . . . . . .
About the capturing of customer and prospect data . . . . .
About the compiling of email address . . . . . . . . . . . . .
About the website . . . . . . . . . . . . . . . . . . . . . . .
SEO of website . . . . . . . . . . . . . . . . . . . . . . . . .
Focusing of marketing campaigns . . . . . . . . . . . . . . .
Chart of observed and expected values . . . . . . . . . . . .
Chart of contribution to chi-square value by category . . . .

viii

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
66
69
Chapter 1
Introduction
There are numerous definitions for marketing and what constitutes a marketing strategy. Often marketing is thought of only as the promotion of products,
especially advertising and branding. However, marketing has a wider meaning
which recognizes that it is customer centered. A marketing strategy is the business approach to promote its products and services expressed in broad terms. A
marketing strategy, in turn, forms the basis of the marketing plan. The marketing
plan contains the set of specific activities required to successfully implement a
marketing strategy.
Marketing strategies serve as the fundamental underpinning of marketing
plans designed to fill market needs and reach marketing objectives. Plans and objectives are generally tested for measurable results. Commonly, marketing strategies are developed as multi-year plans, with a tactical plan detailing specific actions
to be accomplished in the current year. Marketing strategies are dynamic and interactive. They are partially planned and partially unplanned.
Marketing strategy involves careful scanning of the internal and external
environments. Internal environmental factors include the marketing mix, plus
performance analysis and strategic constraints. External environmental factors
include customer analysis, competitor analysis, target market analysis, as well
as evaluation of any elements of the technological, economic, cultural or political/legal environment likely to impact success.
Once a thorough environmental scan is complete, a strategic plan can be
constructed to identify business alternatives, establish challenging goals, determine the optimal marketing mix to attain these goals, and detail implementation.
A final step is to create a plan to monitor the progress and to set alternative plans
if a problem arises during the implementation of the plan.

1.1

Background of the problem

KTDC has been playing a key role in the development of infrastructure
facilities required by the rapidly growing tourist traffic into the State of Kerala
and has been the prime mover in the progressive development, promotion and
expansion of tourism in the State. Apart from developing the largest hotel chain
in Kerala, KTDC offers tourism related facilities like conducted tours, boating,
tourist reception centers, centralized/online reservations, conventional services,
customized tour packages etc. KTDC uses marketing campaigns, brochures, social media marketing etc to market its products. KTDC also gives training to
employees so that a standardized service is given for its customers. This is done
as a part of internal marketing. KTDC uses a marketing strategy which is distinctive from its competitors. But how far the marketing strategy is effective is
uncertain. This project evaluates the efficacy of marketing strategy of KTDC and
thereby suggesting a suitable marketing plan.

1.2

Industry profile

Tourism is considered as an agent of social change bridging gaps among
nations, regions and people and helping them to open up. It is a promoter of
development- material and spiritual both at macro and micro level. The World
Tourism Organization defines tourists as people traveling to and staying in places
outside their usual environment for not more than one consecutive year for leisure,
business and other purposes.
Table 1.1: Industry profile
Output per annum
Increased 7 % per annum
Percentage in world market
6.5% share
Market Capitalization
6.23% of GDP
Tourism is important, and in some cases, vital for many countries. It was
recognized in the Manila Declaration on World Tourism of 1980 as an activity
essential to the life of nations because of its direct effects on the social, cultural,
2
educational, and economic sectors of national societies and on their international
relations. Tourism brings in large amounts of income in payment for goods and
services available, accounting for 30% of the world’s exports of services, and 6% of
overall exports of goods and services. It also creates opportunities for employment
in the service sector of the economy, associated with tourism. These service industries include transportation services, such as airlines, cruise ships, and taxicabs;
hospitality services, such as accommodations, including hotels and resorts; and
entertainment venues, such as amusement parks, casinos, shopping malls, music
venues, and theaters.

1.2.1

Tourism in India

India is the second-fastest growing tourism market in the world. Tourism
in India is the largest service industry contributing up to 6.23 per cent to the
National Gross Domestic Product (GDP) and providing 8.78 per cent of the total
employment opportunity in India. It is also the second largest sector in country providing employment opportunities for low skilled people. India’s travel and
tourism industry is one of the most profitable industries in the country. It is also
credited with contributing a substantial amount of foreign exchange to the exchequer. Indian is a land of vast tourism opportunities as it is comprised of different
cultures, traditions, festivals, and places of interest.
The country is one of the favorite tourist destinations around the world,
according to world travel and tourism Council (WTTC). Further, the Travel and
Tourism Competitiveness Report by World Economic Forum, has ranked India at
the sixth place in tourism and hospitality. India provides the facility to Tourists of
international origin to understand and experience cultural diversity of the country.
According to Indian official estimates the tourism in India has outperformed the
global tourism industry in accordance with the growth, volume of foreign tourists
& even the revenue.
India witnesses about more than 5 million annual foreign tourist arrivals
and 562 million domestic tourism visits. Indian Tourism Industry generated about
US$100 billion in 2008 which is expected to increase to US$275.5 billion by 2018
at a 9.4% annual growth rate. The Campaign of ”Incredible India” is developed
by the Ministry of Tourism is used for the promotion of tourism in India.

3
Tourism products offered by India

2.
3.
4.
5.
6.
7.
8.
9.

1. Cruise tourism
Adventure tourism
Medical tourism
Wellness tourism
Golf tourism
Polo tourism
Meetings incentives conferences and exhibition
Film tourism
Eco tourism

Domestic media campaigns, international campaigns, national tourism awards,
international accolades, participation in travel fairs and exhibition, road shows,
food festivals, printing of brochures, outdoor publicity by advertising on taxis,
buses, trains, hoardings and billboards are some of the publicity and marketing
techniques adopted by Ministry of tourism, Government of India. Each state
further has its own publicity and marketing techniques. Eg: Kerala- Gods own
country campaign, Madhyapradesh- Hindusthan ki dil dekho campaign etc

Role of Ministry of Tourism
The Ministry of Tourism plays a crucial role in formulating national policies and programs as well as coordinating and supplementing the efforts of the
State/Union Territory Governments and private sector in improving the quality
of tourism Industry. As regards the domestic market, the Ministry aims to popularize the culture and natural beauty of different regions, pilgrim sites and various
new tourism products.
The Ministry has a public sector undertaking namely the India Tourism
Development Corporation (ITDC) for carrying out its various functions, along
with the following autonomous institutions:1. Indian Institute of Tourism and Travel Management (IITTM)
2. National Institute of Water Sports (NIWS) has merged with IITTM
4
3. National Council for Hotel Management and Catering Technology (NCHMCT)
4. Institutes of Hotel Management (IHM)
The foreign direct investments (FDI) of Indian hotel and tourism industry
which contributes to the Indian economy inflows are US$ 2.1 billion from April
2000 to March 2010, according to the Department of Industrial Policy and Promotion (DIPP).Indian Export earnings from international visitors and tourism goods
are expected to generate US$ 51.4 billion (nominal terms) by 2019. Furthermore,
the sector which accounted for 6.4% of total employment in 2009 is estimated to
rise to 7.2% of total employment by 2019.
Tourism industry in India holds tremendous potential for India’s economy
which eventually provide impetus to other industries, create millions of new jobs
and generate enough wealth to help pay off the international debt. This is the
main reason that today it is included that Tourism is amongst the Core Sectors
of the Indian Economy.
Indian Tourism Industry has got a major boost because of the booming IT
and outsourcing industry with increased number of business trips made by foreigners to India, who will often add a weekend break or longer holiday to their trip.
They spend more time here in India than almost any other country worldwide.

1.2.2

Tourism in Kerala

Kerala state is considered as one of the ten paradises in the world. In more
ways than one, Kerala takes the credit for being the first state in India to comprehend the significance and importance of positioning and branding in the sphere of
tourism. From being a non entity in the mid 1980s, Kerala today has evolved into
an Indian tourisms superbrand and the countrys most premium holiday destination. Keralas worldwide success represents the triumph of vision, professionalism
and public private partnerships in the volatile and turbulent world of tourism.

Brief history
Kerala initiated tourism development programmes by establishing an international beach resort at Kovalam in 1976 with the patronage of the central
government. Realizing the economic potentials, Government of Kerala declared
5
tourism as an industry in 1986. Within a short span of two and half decades, Kerala succeeded in establishing its tourism brand in the international market. The
first tourism policy of the state was announced in 1995 underlining the importance
of Public Private Partnership.
Tourism has come a long way since then, capturing new markets with its
innovative products and marketing strategies. From hardly 50000 foreign tourist
arrivals and 0.13 billion rupees as foreign exchange in 1986, it has reached a status
of 0.6 million foreign tourist arrivals and 37.97 billion rupees as foreign exchange
in 2010. Total employment generated from tourism is estimated as 1.2 million.

Tourism development organisations
The flagship of tourism industry in Kerala is Department of tourism, Government of Kerala. Kerala Tourism Development corporation (KTDC), Bekal Resorts Development Corporation (BRDC), Tourists Resorts Kerala Ltd (TRKL),
District Tourism Promotion Council (DTPC), Kerala Institute of Travel and
Tourism Management Studies (KITTS), Kerala Institute of Hospitality Management Studies (KIHMS), Thenmala EcoTourism Development Agency and a host
of Government Departments such as forest and wildlife, irrigation, museum, zoo
and archaeology are other important state sponsored institutions which play key
role in Tourism sector of Kerala. Besides there are numerous agencies working in
the semigovernment and private sectors for the promotion of Kerala Tourism.

Role of KTDC in tourism development
KTDC plays a prominent role in tourism sector of Kerala. Kerala had been
an unknown destination till 1980s. The aggressive marketing of KTDC laid foundation for growth of tourism industry and transformed Kerala into one of niche
holiday destination. The tag line Kerala Gods own country used in its promotions
became a global super brand. Gods own country is perhaps the most powerful
positioning statement for an Indian destination.
Kerala started aggressive print campaign in the late 1980s. The turning
point however happened when National geographic Traveller, after expensive research spanning two years, brought out a special issue on the 50 destinations of a
6
lifetime the only destination that featured from India was Kerala. The first ever
television commercial done by tourism board in India, captured the magic of Kerala and differentiated it from other states. Kerala also became the first tourism
board in India to venture advertising on internet.
Tourist season of Kerala starts from September to May. Kerala is famous for
beaches, backwaters, mountain ranges, wildlife sanctuaries, hill stations, ayurveda,
culture, art forms, festivals etc. Kerala has also launched shopping festivals, the
first biennale in India, International coir fest etc as an innovative method to get
more publicity. State promotes ecologically sustained tourism, which focuses on
the local culture, wilderness adventures, volunteering and personal growth of the
local population. Efforts are taken to minimize the adverse effects of traditional
tourism on the natural environment, and enhance the cultural integrity of local
people.
Kerala has set an example for other Indian states by pursuing a visionary
approach in tourism; by pushing doors open rather than waiting for the doors to
open, by being truly authentic in the experience it offers, by building relationships
worldwide and by thinking globally and acting locally.

1.3

Introduction to the company

KTDC Hotels and Resorts Limited (KTDC) was incorporated on 29
December 1965 as a private limited company with its registered corporate office
situated at Mascot square, Trivandrum. The initial name of the company was Kerala Tourist and Handicrafts Corporation Private Limited. It was then changed as
Kerala Tourism Development Corporation Limited from 15 July 1970 and later as
KTDC Hotels and Resorts Limited from 07 October 2010 and now it is KTDC.
KTDC has been playing a key role in the development of infrastructure facilities
required by the rapidly growing tourist traffic into the State of Kerala and has
been the prime mover in the progressive development, promotion and expansion
of tourism in the State. Apart from developing the largest hotel chain in Kerala,
KTDC offers tourism related facilities like conducted tours, boating, tourist reception centers, centralized/online reservations, conventional services, customized
tour packages etc.
KTDC, the states premier destination developer, owns over 60 properties
7
ranging from luxury hotels to budget hotels and motels, Yatri Nivases and restaurants, KTDC aptly qualifies as the official host to Gods own Country. The premium properties of this largest hotel chain in the state are located in the most
picturesque theme destinations of Kerala. KTDC also offers Ayurveda centres, cultural entertainment and the best of Keralas cuisine at all its major establishments.
KTDC offers comprehensive holiday package Exclusive Escapades offers holiday packages that are set in the premium properties of KTDC. As a pioneering
tourism development corporation, KTDC has also introduced innovative concepts
like insured holiday and rail holidays, which provide a complete Kerala package.
Kerala Tourism Development Corporation (KTDC) is the most successful
public sector undertaking The KTDC group of hotels has already stamped the
power in term of quality, marketing and hospitality. Even at the time of recession,
Kerala though showed a dim effect in the Kerala tourism field but where far ahead
when compared to other state, KTDC too showed the growth and from then on
there was no look back. KTDC, the largest hotel chain which includes a range
of luxury and economy resorts, hotels, and motels located in the heart of some of
Keralas most acclaimed destinations.
The company aims to be the major player in development of tourism infrastructure in the state. It provides elegant accommodation and better quality
services in KTDC hotels and restaurants. It tries to achieve high levels of productivity of employees by better training, motivation and HRD techniques. It also
promotes ecofriendly and sustainable tourism and also tourism products. The
company primarily focuses on building up capacities to handle increasing flow of
tourists into Kerala in a planned manner.
The brands and products of the company include heritage hotels, premium
hotels, Tamarind easy hotels, motels, restaurants, central reservation centre, shopping complex and water sports. Beer parlors are on lease basis. KTDC has 3
regional offices north Calicut, central Kochi and south Trivandrum.

1.3.1

Mission

To provide leadership and play a catalytic role in the development of tourism
infrastructure in the State and to achieve excellence in strategic business opera-

8
tions through professionalism, efficiency, value for money and customer satisfaction.

1.3.2

Vision

To make KTDC the official host to Gods own country, the best service
provider in the hospitality industry with basic infrastructure and state-of-the-art
facilities, focusing on environment conservation and preservation, adding impetus
to local supplies and human resources and thereby positioning as a Premier PSU
in the hospitality sector in Kerala.

1.3.3

Key objectives
1) To be a major player in the development of tourism infrastructure in the

State.
2) To treat the tourists as our Guests (Adhidhi Devo Bhava) and ensure
customer delight by providing value for money.
3) To provide elegant accommodation and better quality services in KTDC
Hotels and Restaurants.
4) To function as an efficient corporate house with improved productivity
levels and profit margins.
5) Achieve high levels of productivity of its employees by way of better
training, motivation and HRD techniques.
6) To empower the host population through responsible tourism.
7) To promote and market our products at National and International level
and thereby making Kerala as a premier Global tourism destination.
8) To promote sustainable and eco-friendly tourism in the state based on
the carrying capacity of the destinations.
9) To conserve, preserve the art, culture and heritage of the State.

9
10) To promote new innovative tourism products, lesser-known destinations.
11) To provide transport, entertainment, shopping, convention and recreational services.
12) To render consultancy and managerial services in the hospitality industry.
13) To undertake pioneering efforts for destination development.
14) To play an active role in association with the State Tourism Department/Directorate in conceptualizing and execution of tourism projects, publicity,
promotion and training.

1.3.4

Brands and products

Heritage Hotels
1. Lake Palace, Thekkady.
2. Bolgatty Palace, Kochi.

1.
2.
3.
4.
5.
6.
7.

Premium Hotels
Mascot Hotel, Thiruvanathapuram.
Hotel Samudra, Kovalam.
Waterscapes, Kumarakom.
Aranya Nivas, Thekkady.
Tea County, Munnar.
Bolgatty Island Resort, Kochi.
Marina House, Kochi.

1.
2.
3.
4.
5.
7.

Budget Hotels
Hotel Chaithram,Thiruvananthapuram.
Periyar House, Thekkady.
Garden House, Malampuzha.
Nandanam, Guruvayoor.
Mangalya, Guruvayoor.
Pepper Grove, Sulthan Bathery.

10
8.Golden Peak, Ponmudi
Tamarind Easy Hotels
1. Tamarind Easy Hotel, Neyyardam.
2. Tamarind Easy Hotel, Kollam.
3. Tamarind Easy Hotel, Changanasery.
4. Tamarind Easy Hotel, Alappuzha.
5 Tamarind Easy Hotel, Peermade.
6. Tamarind Easy Hotel, Thrissur.
7. Tamarind Easy Hotel, Guruvayoor.
8. Tamarind Easy Hotel, Mannarkadu.
9 . Tamarind Easy Hotel, Nilambur.
10. Tamarind Easy Hotel, Kondotty.
11. Tamarind Easy Hotel, Thirunelly.
12. Tamarind Easy Hotel, Kannur.
13. Tamarind Easy Hotel, Parasinikkadavu
Motels
1. Motel Araam, Kottarakkara.
2. Motel Araam, Palaruvi.
3. Motel Araam, Punalur.
4. Motel Araam, Kayamkulam.
5. Motel Araam, Alappuzha.
6. Motel Araam, Vaikom.
7. Motel Araam, Athirappally.
8. Motel Araam, Erumayur.
9. Motel Araam, Vadakara.
10. Motel Araam, Kuttipuram.
11. Motel Araam, Kannur.
Restaurants
1. KTDC Restaurant, Veli, Thiruvananthapuram.
2. KTDC Restaurant, Museum, Thiruvananthapuram.
3. Anantha Restaurant, New Delhi.
Others
1. Central Reservation Centre,Thiruvananthapuram.
11
2.
3.
5.
6.

Tourist Reception Centre,Thiruvananthapuram.
Tourist reception Centre, Ernakulam.
Shopping Complex, Shanmugam Road, Ernakulam.
Watersports, Veli.

Others on lease basis
Budget Hotel
1. Malabar Mansion, Kozhikode.
Restaurant & Beer Parlours
1. Karamana, Thiruvananthapuram.
2. Peyad, Thiruvananthapuram.
3. Statue, Thiruvananthapuram.
4. Balaramapuram.
5. Kazhakuttam.
6. Varkala.
7. Attingal.
8. Harippad.
9. Karukachal
10. Muvattupuzha.
11. Kanjikode, Palakkad.
12. Kozhinjampara, Palakkad.
13. Ramanattukara.
14. Changaramkulam.
15. Koyilandy.
16. Payyannur.
17. Kanhangad, Kazarcode.
18. Kannur.

1.4

Research methodology

While conducting a research there are two ways of approaching the same.
They are
1) Qualitative research method

12
2) Quantitative research method.
Quantitative research method
Quantitative research method emphasizes quantification in the collection
and analysis of the information. The aim is to gather numerical evidence where
conclusions can be drawn from or they can be used to test hypotheses. In order to
get reliable results it is necessary to study relatively large sample group and use
a computer to analyze the collected information. The information is derived from
questionnaire surveys, secondary sources and from observation involving counts.
Qualitative research method
Qualitative research method on the contrary does not involve numerical
data but emphasizes words rather than numbers. This method uses only a small
sample group; the primary information is gathered from a small number of people.
The information gathered cannot usually be presented in numerical form. This
research method is used when a full understanding of the sample group is required.
The information is derived from observation, informal and in-depth interviewing
and participant observation.
A description of research plan for the present study is discussed as under:
A study on internal perspective of marketing strategies implemented by KTDC
was conducted at KTDC situated in Trivandrum and the study covers the marketing department which has a major role in designing and executing marketing
strategies. The means of collecting data is through secondary and primary data
collection methods.
Primary data was collected from the organisation through personnel visit,
questionnaire, interviews and discussions with important executives and staff members of various departments. The variables used in the questionnaire includes
brand, market, messages, marketing channels, marketing tactics, creative approches, offers, sales tools and website.This helped to give an overall view of marketing activities carried out in KTDC. The secondary data have been obtained
from company website, brochures etc.The brief history of KTDc, its functions,
products offered and strategic intent of company was obtained from company
website.
13
1.4.1

Objectives of study

KTDC uses a marketing strategy to differentiate it from its competitors,
but how far it is effective is uncertain. The objective of the study are . . .
1. To evaluate the marketing strategy of KTDC
2. To find out the marketing policy adopted by KTDC
3. To examine the marketing policy related to promotional activities of KTDC
4. To find out the threat involved in marketing policy of KTDC
5. To suggest suitable marketing policy

1.4.2

Research design

A research design is a master plan, which specifies various methods and procedure for collecting and analysing the needed information. Descriptive research
design is followed.
Sample size : 50
Sampling method: Simple random sampling
Sampling unit: Managers and officers of various departments in KTDC
Nature of data: Primary & secondary data
Place of study: KTDC hotels & resorts Ltd, Trivandrum

1.4.3

Sources of data
The sources of data include primary and secondary.

Primary data
The primary data was collected by means of a survey. Questionnaires were
prepared and given to executives and staffs of various departments. The questionnaire contains 25 questions which covers various aspects of marketing strategy
like brand, market, messages, marketing channels, marketing tactics, creative approaches, offers, sales tools, data and website. The response of the sample was
recorded on a grade scale of strongly agree, agree, neutral, disagree and strongly
disagree for each question. The filled up information was later analyzed to obtain
the interpretations and the findings.

14
Secondary data
The data was collected from websites, journals, reference books, company
records and brochures.

1.4.4

Statistical analysis tools used

The various statistical tools used for the analysis and interpretation of the
data are
1) Percentage analysis
2) Chi square test
3) Correlation analysis
4) Weighted average method.

1.4.5

Period of study

The study was conducted over a period of one month from 11 March 2013
to 11 April 2013.

1.4.6

Hypothesis

Hypothesis 1
H0: There is no significant difference between the efficiency of marketing
channels and marketing strategies of KTDC
H1: There is significant difference between the efficiency of marketing channels and marketing strategies of KTDC
Hypothesis 2
H0: There is no significant difference between gender and opinion about
marketing strategies of KTDC

15
H1: There is significant difference between gender and opinion about marketing strategies of KTDC
Hypothesis 3
H0: There is no significant difference between marketing tools and marketing strategies adopted by KTDC
H1: There is significant difference between marketing tools and marketing
strategies adopted by KTDC
Hypothesis 4
H0: There is no association between the opinion about integrating social
media into traditional marketing tactics like direct mail and advertising
H1: There is association between the opinion about integrating social media into traditional marketing tactics like direct mail and advertising
Hypothesis 5
H0: There is no association between the opinion that sales tools are integrated with brand and marketing campaigns
H1: There is association between the opinion that sales tools are integrated
with brand and marketing campaigns

1.4.7

Scope of study

In every company, the preparation of a marketing plan is vital for monitoring and tracking of the companys marketing strategies for a certain product or
service. The marketing plan helps to monitor the progress of marketing strategy
that is being implemented. Analysis of marketing strategy helps to find out major competitors, which would enable the firm to offer its appropriately designed
marketing mix and thereby achieving firms objective. A well defined marketing
strategy can clearly describe which market segments to serve and which to exclude, what product to serve and what not to serve. So the marketing strategy
have vital role in the success of an organisation.

16
KTDC has a significant role in the growth of Kerala tourism industry by
formulating effective marketing strategies. This study will evaluate the marketing
strategies implemented in KTDC, to find out the various marketing policies used
by them, to know its effectiveness and to suggest suitable policy for the company.

1.4.8

Limitation of study
1.The time frame given for the study is limited.
2.The study is based on qualitative analysis and hence results may be bi-

ased.
3.Detailed information about the company was not be provided, in order
to keep secrecy of company policies

1.5

Chapterisation

Chapter 1 discuss about the background of problem, industry profile, company profile, research objectives, research methodology, scope and limitation of
study. Chapter 2 gives in depth information about the literature reviewed for the
study. In Chapter 2 the topics discussed include marketing, marketing mix, marketing segmentation, relationship marketing, marketing strategy, strategic role of
marketing, elements of marketing strategy, types of marketing strategy, marketing
strategy formulation and marketing strategy implementation. Chapter 3 presents
the data collection and analysis. The statistical tools used include Chi square,
Percentage analysis, Correlation coefficient and Weighted average method. Chapter 4 presents the findings and suggestions of the study. Chapter 5 gives a brief
conclusion of the project.

17
Chapter 2
Literature review
Marketing is often thought to be only selling and advertising. However,
marketing consists of many other functions that can be seen far more important
than just the exchange of goods (Kotler, 1997).
The American Marketing Association defines marketing as follows: Marketing is the activity, set of institutions, and processes for creating, communicating,
delivering and exchanging offerings that have value for customers, clients, partners
and society at large.
Today, more than ever, marketing has put emphasis on satisfying the customer needs. The customer tends to make decisions on buying a product or a
service based on their perception of the value and satisfaction that the product or
service delivers. From the companys point of view the goal of marketing is to first
build and then manage profitable customer relationships. In order to achieve this
it is not enough only to first market the product and then sell it but make sure
that the product being sold will meet the standards and be enough to fulfill the
customers expectations. Therefore the company must be aware and understand
their customers; their needs, wants and demands. That is why many companies
put a lot of effort and money into making different kinds of customer surveys analyzing their customers behavior and learning about the different way of delivering
the superior customer value and satisfaction(Kotler, 1997)
2.1

Marketing mix

The marketing mix is one of the major concepts in modern marketing and
is often brought up in general discussions of marketing. Marketing mix is a set
of marketing tools that a company uses to pursue its marketing objectives in the
target market. When a company is making decisions on marketing they generally
fall into four controllable categories known as the 4 Ps: product, price, place and
promotion(Kotler, 1997).

2.2

Market segmentation

In marketing it is almost impossible to succeed by handling all the consumers as a big one size fits for all mass. Market segmentation recognizes that
people differ in many ways like in their needs, attitudes and lifestyles. Through
market segmentation companies divide their market into smaller segments. All of
the segments have specific needs and by dividing the market those needs can be
met more efficiently with products and services that match their unique needs.
Choosing the right target market is essential and often not that easy. When
defining a target market for a product there should be three separate levels. The
first level consists of consumers that are willing to buy and who also have the best
premises to buy. The second level consists of consumers who have the premises to
buy but not necessarily the desire. The third level consists of consumers who are
not able to buy but who should be monitored in case there is a change in their
buying readiness (Kotler, 1997).
There are many ways to segment a market. Different segmentation variables
are used, both alone and together, in order to classify consumers into different
segments. Kotler defines four major variables that are generally used in marketing;
geographic, demographic, psychographic and behavioral variables.

2.2.1

Geographical segmentation

Geographical segmentation divides the market into different geographical
units such as cities, regions, countries or climate and population density. By this
way when a company is deciding which units to operate and market, they can pay

19
attention to geographical differences in needs and wants. For example a major
clothing store chain can pay attention to their selection in stores in northern areas
where it is colder and the need for warmer clothes is greater than in areas located
more south(Kotler, 1997)

2.2.2

Demographic segmentation

Demographic segmentation consists of dividing the market into groups
based on variables such as age, gender, family size, income, occupation, education, religion, race and nationality. Demographic factors are the most popular
bases for segmenting customer groups. This is partly because customer wants are
closely linked to variables such as income and age. Also, for practical reasons,
there is often much more data available to help with the demographic segmentation process (Kotler, 1997).

2.2.3

Psychographic segmentation

Psychographic segmentation divides the market into different groups based
on social class, lifestyle or personality characteristics. People can be in the same
geographical segment meaning that they may for example live in the same city;
they can even be of same age. But one may be a student and another a worker.
This affects their lifestyles greatly and therefore also has an effect on the buying
behaviors of the people (Kotler, 1997).

2.2.4

Behavioral segmentation

Behavioral segmentation divides buyers into groups based on their knowledge, attitudes, uses and responses to a product. Behavioral segmentation has the
advantage of using variables that are closely related to the product itself. When a
company knows when and why customers are buying their products, they can link
their marketing to that. For example some holidays like on Valentines Day or at
Christmas people tend to buy certain things related to the occasion; many companies prepare special offers and advertisements for those holiday occasions.(Kotler,
1997)

20
2.3

Relationship marketing

Relationship marketing is a form of marketing that emphasizes customer
retention and satisfaction. It switches the focus from the recruitment of new
customer to the retention and recovery of existing ones. Relationship marketing
differs from other forms of marketing in that it recognizes the long-term value of
customer relationships and extends communication. The world of marketing today
is more customer-centered. As companies must compete in a more competitive
marketplace they have to know their customers? needs and wants in order to get
new customers, then keep and grow them by delivering greater value for them
(Piercy and Nigel, 2000)
When planning g a relationship marketing strategy one must take into
account that not all customers want a relationship with the company. That is
why it must be carefully considered which types of customers are usually more
likely to repeat their visit in a hotel or a restaurant. Some customers are aware
of the wide choice of competitor products and services and do not want to limit
their options and tie themselves only to one company but prefer to switch their
custom accordingly. Other customers are not interested in any type of relationship
with any company; they simply look at the best quality, value and convenience
available at the time of purchase (Davis, 2007).

2.4

Introduction to marketing strategy

Marketing strategy includes all basic and long-term activities in the field of
marketing. It deals with the analysis of the strategic initial situation of a company,
the formulation, evaluation and selection of market-oriented strategies. Therefore
it contributes to the goals of the company and its marketing objectives.
Strategic planning is a process of developing and maintaining a link between
the organizations goals and capabilities and its changing marketing opportunities.
The marketing strategy is shaped by the overall business goals meaning that it
broadly explains what actions are required to achieve the goals and objectives.
The marketing strategy can be thought of as a game plan that outlines, often in
a list form factors such as the target market, positioning, distribution channels,
price, advertising and possible research and development.

21
2.5

Marketing strategy

According to (Kotler, 1997) The marketing strategy is the way in which the
marketing function organises its activities to achieve a profitable growth in sales
at a marketing mix level.
A marketing strategy may be defined as a plan (usually long term) to achieve the
organisations objectives as follows...
a) By specifying what resources should be allocated to marketing.
b) By specifying how these resources should be used to take advantage of
opportunities which are expected to arise in the future.
A marketing strategy would consist of the following:
a. Identifying markets and customers needs in those markets.
b. Planning products which will satisfy the needs of these markets.
c. Organising marketing resources , so as to match products with customers
in the most efficient and effective way possible, ie, so as to maximise customer satisfaction and the organisations profits or sales revenue (or whatever its objectives
are at the same time).
Choosing the right target market is essential and often not that easy. When
defining a target market for a product there should be three separate levels. The
first level consists of consumers that are willing to buy and who also have the best
premises to buy. The second level consists of consumers who have the premises to
buy but not necessarily the desire. The third level consists of consumers who are
not able to buy but who should be monitored in case there is a change in their
buying readiness (Kotler, 1997).
Positioning is the act of designing the companys offering so that the services
and products are based on some core idea or benefit. Its meaning is to create a
competitive angle toward the competitors so the positioning of a product can be
based for example on the best or quickest service, accessibility or affordability.
This way the product occupies a clear, distinctive and desirable place relative to
competing products in the minds of the target customers.

22
Marketing strategy is mainly indicated by the marketing objectives, customer and competitive perspectives and product/market momentum ( i.e. extrapolation of past performance to the future). This forms the basis of marketing
strategy. Marketing strategy is developed at the business unit level (Kotler, 1997).

2.5.1

3 Cs of marketing strategy

Within a given environment, marketing strategy deals essentially with the
interplay of three forces known as the strategic 3 Cs namely the Customer, the
Competition and the Corporation (Davis, 2007).
A good marketing strategy should be characterized by
a) clear market definition
b) a good match between corporate strengths and the needs of the market
c) superior performance, relative to the competition, in the key success factors of
the business.
Marketing strategy, in terms of these key constituents, must be defined as
an endeavour by a corporation to differentiate itself positively from its competitors,
using its relative corporate strengths to better satisfy customer needs in a given
environmental setting.
Based on the interplay of the strategic three Cs, formation of marketing strategy
requires the following 3 decisions:
1. Where to compete. (definition of the market). One or various segments.
2. How to compete, that is, it requires a means for competing .
3. When to compete, that is, it requires timing of market entry (Lambin
and Jean-Jacques, 2000).

2.6

Strategic role of marketing

In its strategic role, marketing focuses on a business intentions in a market
and the means and timing of realizing those intentions. The strategic role of mar23
keting is quite different from marketing management which deals with developing,
implementing and directing programs to achieve designated intentions. To clearly
differentiate between marketing management and marketing in its new role , a
term strategic marketing. has been coined to represent the latter (Gale et al.,
1980).
Strategic marketing is seen as a process consisting of: analyzing environmental, market competitive and business factors affecting the corporation and its
business units, identifying market opportunities and threats and forecasting future
trends in business areas of interest for the enterprise , and participating in setting
objectives and formulating corporate and business unit strategies. It also includes
selecting market target strategies for the product markets in each business unit,
establishing marketing objectives as well as developing , implementing and managing the marketing program positioning strategies in order to meet market target
needs. (Gale et al., 1980)
Strategic marketing means looking at the whole of a companys portfolio of
products and markets, and managing the portfolio to achieve the companys overall
goals (Jain and Girish, 1993) Although definitions for the term vary, (Hamper and
Baugh, 1990) define marketing strategy as a consistent, appropriate and feasible
set of principles through which a particular company hopes to achieve its longrun
customer and profit objectives in a particular competitive environment.
The primary purpose of a marketing strategy is to effectively allocate and
coordinate marketing resources and activities to accomplish the firms objectives
within a specific product market. Therefore decisions about the scope of a marketing strategy involve specifying the target market segment(s) to be pursued and
the product line to be offered. Then, firms seek a competitive advantage and synergy, planning a well integrated program of marketing mix elements (Boyd et al.,
1998).
Marketing strategy creates pathways to a desirable future. The output from
such marketing strategy analysis and choice (or strategic marketing decision ) is
a marketing strategy statement.
The strategic analysis of marketing makes reference to the future situation
of products and markets,(Prahalad et al., 2004), that is to say that it tries to guide
24
the company by the correct path and where the company should be in the future.
It is also important to define clearly what should be interpreted for product and
for markets and this is important because marketing strategies are open to interpretations (Piercy and Nigel, 2000). Traditional definitions can be broken by new
variables that contribute to redefine markets and products. These variables can
be technology, Internet, changing consumers attitudes, social changes, etc..
The term marketing strategy reflects the companys best opinion as to how
it can most profitably apply its skills and resources to the marketplace. It is inevitable broad in scope. Marketing strategies are the means by which a company
achieves its marketing objectives and are usually concerned with the 4 p’s. (Mcdonald, 1999).

2.7

Elements of marketing strategy

A marketing strategy is made of several interrelated elements. The first
and most important is market selection which is directly related to choosing the
markets to be served(Brown and Sommers, 1982). Product planning includes the
specific products the company sells, the makeup of the product line, and the design of individual offerings in the line. Another element is the distribution system:
the wholesale and retail channels through which the product moves to the people
who ultimately buy it and use it. The overall communications strategy, employs
advertising to tell potential customers about the product trough radio, television,
direct mail, and public print and personal selling to deploy a sales force to call
on potential customers, urge them to buy, and take orders. Finally , pricing, is
an important element of any marketing program and is one of the most directed
marketing elements in the creation of value for shareholders (Doyle, 2000). The
company must set the product prices that different classes of customers will pay
and determine the margins or commissions to compensate agents, wholesalers ,
and retailers for moving to product to ultimate users.
The External, market orientation must be kept in mind since the companies are guided to the market in a regular way. Reliable data in the strategic
analysis has bigger possibilities of success and bigger chances of optimizing their
results.(Aaker, 2004)
Other issues to take into consideration and which influence in marketing
25
strategies are: the understanding of growth markets and Market Share, managing
international realities, implicating empirical research, utilization of methodological
developments, for example, portfolio models, experience curves, scenario analysis,
market structure analysis and technological forecasting; and finally getting into
interdisciplinary developments, including marketing, organizational behaviour, finance and accounting, economics, strategy. (Aaker, 2004)

2.8

Types of marketing strategy

(Sahaf, 1993) has mentioned six strategies that can help a leader attain the
objective of market share protection. They are

2.8.1

Position defense

In this strategy a leader attempts to protect its existing market share
through fortification wherein the leader erects barriers around him to stop competitors. The barrier can be in the form of a firms distinctive skills capabilities
and marketing assets that not only have greater significance for the customers but
also are difficult for the competitors to copy.

2.8.2

Mobile defense

This involves constantly shifting resources and developing new strategies
and tactics. A mobile defense is intended to create a moving target that is hard to
successfully attack, while simultaneously, equipping the defender with a flexible
response mechanism should an attack occur. In business this would entail introducing new products, introducing replacement products, modifying existing products, changing market segments, changing target markets, repositioning products,
or changing promotional focus. This defense requires a very flexible organization
with strong marketing, entrepreneurial, product development, and marketing research skills.

26
2.8.3

Flank position

This involves the redeployment of your resources to deter a flanking attack.
You protect against potential loss of market share in a segment, by strengthening your competitive position in this segment with new products and other tactics.

2.8.4

Counter offensive

Counter offensive defense refers to the response of a market leader to a
real attack by a competitor. In fact, these defensive calls for a leader to respond
to a competitors head on attack by identifying the attackers weakness and then
launch a counter attack. Generally a leader actively responds to any move of his
competitors. An effective counterattack is to invade the attackers main territory
so that it will have to pull back some troops to defend the territory. Generally
counteroffensive defense works when the attacker has become vulnerable as a result of the over stretching of resources.

2.8.5

Preemptive defense

A preemptive defense strategy demands to attack potential aggressor before
he starts his offence. By pursuing preemptive defense strategy a firm intends to
convey let it be known how it will retaliate. Thus such a strategy aims to create a
threat which will prevent any potential challenger from attacking in the first place.
In business the preemptive defense can involve an actual attack on the competition
or merely signalling an intention to fight on a particular front and a willingness to
commit the necessary resources to defend against aggression. Product or brand
proliferation is a form of preemptive defense.

2.8.6

Contraction defense

A contraction defense, or strategic withdrawal, requires giving up untenable ground to reduce over stretching on the core business which can be defended
against attack. In fact, such a strategy calls for a withdrawal from the most vulnerable segments and redirect resources to those that are more defendable.

27
2.9

Marketing strategy formulation

A company should not only know own company but also the behavior of
the competitors potential and the capacity to add and remove it in products,
segments, markets, distribution channels, etc. From my point of view one of the
clearest indicators that a company thinks, and it acts with mentality of strategic
marketing it is the level of depth that makes of its competitors.(Alexander, 1985)
(Bantel, 1997) suggests that particular product/market strategies are effective at achieving particular performance goals to the exclusion of others. The
synergies between strategy types and implementation capabilities exist and should
be exploited.Creating marketing synergy means that you have a marketing plan
where each element of your plan complements another. The total effect achieved
is greater than the sum of the individual effects. Synergy creates greater power
and energizes company’s marketing efforts.
According to (Hrebiniak, 2006)) formulating a consistent strategy is a difficult task for any Management team and making that strategy work (implementing
it throughout the Organization) is even more difficult. he also pointed out that
managers know more about developing a strategy than they do about executing
it. One of the basic problems he quote is that managers are trained to plan, not
execute plans. Another problem is that some top level managers believe strategy
implementation is below them’, something best left to lower level managers.
According to (Noble, 1999), a myriad of factors can potentially affect the
process by which strategic plans are turned into organizational action. Unlike
strategy formulation, strategy implementation is often seen as something of a
craft, rather than a science, and its research history has previously been described
as fragmented and eclectic. Leadership, and specifically strategic leadership, is
widely described as one of the key drivers of effective strategy implementation.
However, a lack of leadership, and specifically strategic leadership by the top
management of the organisation, has been identified as one of the major barriers
to effective strategy implementation. Strategic leadership is defined as the leaders ability to anticipate, envision, and maintain flexibility and to empower others
to create strategic change as necessary. Strategic leadership is multi functional,
involves managing through others, and helps organisations cope with change that
seems to be increasing exponentially in todays globalised business environment.

28
2.10

Marketing strategy implementation

Great strategies are worth nothing if they cannot be implemented . Strategy implementation is important but difficult because implementation activities
take a longer time frame than formulation, involves more people and greater task
complexity, and has a need for sequential and simultaneous thinking on part of
implementation managers. Strategy formulation and implementation are complementary and logically distinguishable areas of strategic management and part of
the overall process of planning executing and adapting.
Good implementation naturally starts with good strategic input: the soup
is only as good as the ingredients.Whether a strategy itself is consistent and fitting or not is a key question for successful strategy implementation, but even a
consistent strategy cannot be all things to all people. Strategy programs need
to be expanded to focus on the implementation process. More attention should
be given to breaking down lofty statements into practical, actionable, measurable
activities. The language and methods used to implement need to be simplified,
and consistently deployed. Success in implementation is critical to validating the
investment in strategy in the first place. (Allio, 2005)

2.10.1

Management involvement in strategy implementation

(Heracleous, 2000) also finds that if middle management do not think the
strategy is the right one, or do not feel that they have the requisite skills to implement it, then they are likely to sabotage its implementation. He refers to groups
within the organization who will inevitably disagree with the strategy. These
groups may sabotage strategy implementation by deliberate actions or inactions,
if implementing the strategy may reduce their power and influence. Thus, Herbaceous also sees the perceived ability and perceived consistency between personal
goals and the strategic change goals as the decisive soft factor.
(Waldersee and Sheather, 1996) believe that the approach of matching strategy and managers style ignores the causal role of the organizational context or the
29
interaction of personality and context on implementation actions. It is widely
accepted that different strategies need to be implemented in different ways. Their
study demonstrates, at least in a laboratory setting, that strategy plays a significant role in shaping managers intentions. Managers can alter their behaviours to
suit different strategy situation.
(Kim and Mauborgne, 1991) point out that subsidiary top managers want
an open process, that is consistent and fair, and that allows for their input to be
heard. In the presence of a so called due (or open) process, subsidiary managers
are motivated to implement global strategies. They feel a strong sense of organizational commitment, trust in head office management, and social harmony with
their head office counterparts. In the absence of such a due and fair process, the
effect may be the opposite from the intended one.
(Chimhanzi, 2005) suggests that cross unit working relationships have a key
role to play in the successful implementation of marketing decisions. Implementation effectiveness is affected negatively by conflict and positively by communication and specifically, interpersonal, not written. In turn, these interdepartmental
dynamics are affected by senior management support, joint reward systems, and
informal integration.
Firms devoting attention to the alignment of marketing and human resources are able to realize significantly greater successes in their strategy implementation. Specifically, these findings imply that marketing managers should
seek to improve the relationship with their HR colleagues by emphasizing two of
the process based dimensions: joint reward systems and written communication.
(Chimhanzi, 2005)

2.10.2

8S framework of strategy implementation

(Higgins, 2005) sets up an 8s framework of strategy implementation, including strategy and purposes structure, resources, shared values, style, staff, systems
and processes, and strategic performance. The 8s of strategy execution is an approach that enables senior management to enact, monitor, and assess the cross
functional execution of strategies. The 8s of strategy execution are a revision of
the original McKinsey 7s model. Higgins has deleted skills from the McKinsey

30
framework and he has added resources in their place. He also added strategic
performance in order to help focus the strategy execution process. As always, if
there isnt a good match or alignment among these factors, performance in strategy
implementation will suffer.
According to (Jain, 2009): System approach can be defined as, A set of
objects together with the relationships among them and their attributes. System
approach emphasis on the interrelations and interconnections among the components of a marketing system in which product, services, money, equipment,
information etc, flow from marketers to customer. These flows largely determine
the survival and growth of a firm. Therefore the focus of system approach is on the
analysis of the marketing flows and communication from markers to the customers.

2.11

Summary

From this chapter we get a brief idea about all topics discussed in the same.
Marketing is important wing of any company. marketing mix help to design an
effective product. Market segmentation help to identify the target customers. Relationship marketing mainly focus on building relationship between company and
customers. For all entities mentioned here needs an effective marketing strategy.
Marketing strategy is a process that can allow an organization to concentrate its resources on the optimal opportunities with the goals of increasing sales
and achieving a sustainable competitive advantage. Marketing strategy includes
all basic and longterm activities in the field of marketing that deal with the analysis of the strategic initial situation of a company and the formulation, evaluation
and selection of market oriented strategies and therefore contributes to the goals
of the company and its marketing objectives.
A good marketing strategy also defines the reason why it is unique or compelling to buyers. It should explain what is the benefit the consumer gets by
purchasing the companys product. It should explain why the customer would
want to buy that particular product from the company and not go to some competitor instead.
Marketing strategy creates pathways to a desirable future. The output from
31
such marketing strategy analysis and choice (or strategic marketing decision) is a
marketing strategy statement. There are several elements of marketing strategy
which is crucial for its formulation, implementation and evaluation. Even though
there are different types of marketing strategy, choosing the best one is vital for
the company.

32
Chapter 3
Data Collection and Analysis
This chapter presents the data collection and analysis.The methodology described in Chapter 1 provided the baseline for data gathering. The presentation of
data is systematically linked to the format of self developed questionnaire attached
in the appendix. Descriptive and inferential statistics such as frequencies, tables,
percentage and correlation tests were used in the data analysis and summaries.
Relationships between variables were identified using frequencies, Chi square and
correlation.

1)
2)
3)
4)

The tools used for statistical analysis are
Percentage analysis
Chi square test
Correlation coefficient
Weighted average method

3.1

Percentage Analysis

Percentage analysis is the method to represent raw streams of data as a
percentage (a part in 100 - percent) for better understanding of collected data.
Table 3.1: Gender wise classification
Gender
Male
Female

No of respondents
36
14

Percentage
72%
28%

Figure 3.1: Gender wise classification

3.1.1

Gender wise classification

Analysis
It can be seen from the table. 3.1 as well as from the figure. 3.1 that out of
50 respondents 72% are male and 28% are females.

Inference
Out of 50 respondents 72% are male. Majority of the respondents of the
study are males.

34
3.1.2

Age wise classification
Table 3.2: Age wise classification
age
No of respondents
20-30
4
31-40
28
41& above
18

Percentage
8%
56%
36%

Figure 3.2: Age wise classification

Analysis
It can be seen from the Table 3.2 as well as from the above Fig. 3.2 that
out of 50 respondents 8% of the respondents have the age between 20 and30 and
56% of them were aged between 31 and 40. Remaining 36% have age more than
41.
Inference
56% of the respondents have age between 31 and 40. Majority of the respondents are in the age group of 31 and 40.

35
3.1.3

Qualification wise classification
Table 3.3: Qualification wise classification
Qualification
Plus two
Degree
Technical
PG

No of respondents
2
30
6
12

Percentage
4%
60%
12%
24%

Figure 3.3: Qualification wise classification

Analysis
It can be analyzed from the Table 3.3 out of 50 respondents 4% of the
respondents have the qualification of plus two and 60% of them are graduates.
12% of them were technically qualified and remaining 24% are post graduates.
Inference
Majority of the respondents are graduates.

36
3.1.4

Experience wise classification
Table 3.4: Experience wise classification
Experience
Below 1 year
1-5 years
6-10 years
Above 10 years

No of respondents
1
11
16
22

Percentage
2%
22%
32%
44%

Figure 3.4: Experience wise classification

Analysis
It can be analyzed from the Table 3.4 that 2% of the respondents have an
experience of below 1 year in the organization. 22% of them have an experience
between 1 to 5 years and 32% of them have an experience of 6 to 10 years. 44%
of the employees have an experience of more than 10 years.
Inference
44% of the employees have an experience of more than 10 years. This
indicates that majority of the KTDC executives are more experienced.

37
3.1.5

Income wise classification
Table 3.5: Income wise classification
Income
5000-10000
10001-20000
20001-30000
Above 30000

No of respondents
2
18
17
13

Percentage
4%
36%
34%
26%

Figure 3.5: Income wise classification

Analysis
It can be seen from the Table 3.5 as well as from the above Fig. 3.5 that
out of 50 respondents 4% of the respondents have an income between 5000 and
10000 and 36% of them have an income between 10001 and 20000. 34% earns
between 20001 and 30000 it can be seen that 26% of them earn more than 30001
as their income.
Inference
Majority of the respondents have an income between 10001 and 20000.

38
3.1.6

About the clarity in communication
Table 3.6: About the clarity in communication
Response
No of respondents
Strongly agree
12
Agree
18
Neutral
2
Disagree
14
Strongly disagree
4

Percentage
24
36
4
28
8

Figure 3.6: About the clarity in communication

Analysis
As from the Table 3.6 it can be seen that 24% of the respondents strongly
agree that their brand clearly communicates what they are about and conveys the
highest value which they deliver. 36% of them agree with the same. Here only
4% of the respondents became neutral. 28% of the respondents disagree and 8%
of the respondents strongly disagree with the same. According to them the brand
does not clearly communicates what they are about and conveys the highest value
they deliver.
Inference
36% of the respondents agree that their brand clearly communicates what
they are about and conveys the highest values they deliver. This indicates that
the brand used by KTDC conveys the intended message.
39
3.1.7

Usage of brand identity
Table 3.7: Usage of brand identity
Response
No of respondents
Strongly agree
10
Agree
27
Neutral
2
Disagree
9
Strongly disagree
2

Percentage
20
54
4
18
4

Figure 3.7: Usage of brand identity

Analysis
As from the Table 3.7 it can be seen that 20% of the respondents strongly
agree that their brand identity is being used in all media. 54% of the respondents
agree with it. Here only 4% of the respondents became neutral. 18% of the
respondents disagree and 8% of the respondents strongly disagree that their brand
identity is not being used in all media.
Inference
54% of the respondents agree that their brand identity is being popularly
used in all media. This indicates that brand messages used are consistently delivered in all media and thereby creating a popular brand identity.

40
3.1.8

Awareness about profitable customers
Table 3.8: Awareness about profitable customers
Response
No of respondents
Strongly agree
24
Agree
12
Neutral
1
Disagree
8
Strongly disagree
5

Percentage
48
24
2
16
10

Figure 3.8: Awareness about profitable customers

Analysis
From the Table 3.8 it is seen that 48% of the executives and managers
strongly agreed to the statement that they know their most profitable customers
and they are targeting prospects that look like their best customers. 24% also
accords to the same. While 16% disagreed to the statement and 10% strongly
disagrees to the same.
Inference
KTDC is fully aware about its most profitable customers and they are
targeting such customers and prospects. This shows that KTDC is aware about
its profitable customers and by targeting such customers, KTDC is increasing its
profit.

41
3.1.9

Awareness about customers changing buying behavior
Table 3.9: Awareness about customers changing buying behavior
Response
No of respondents
Strongly agree
6
Agree
21
Neutral
7
Disagree
8
Strongly disagree
8

Percentage
12
42
14
16
16

Figure 3.9: Awareness about customers changing buying behavior

Analysis
42% agreed to the statement that they are aware about customers changing
buying behavior. 12% strongly agrees to it, 16% disagrees to the statement and
another 16% strongly disagree to the same.
Inference
Majority of the staffs know that customers have changed the way they
find, buy or use KTDCs services and KTDC has adjusted the marketing plan
accordingly. This shows that KTDC changes its marketing plan based on customer
buying behavior.

42
3.1.10

Opinion on up-selling and cross selling
Table 3.10: Opinion on up-selling and cross selling
Response
No of respondents
Strongly agree
5
Agree
31
Neutral
3
Disagree
7
Strongly disagree
4

Percentage
10
62
6
14
8

Figure 3.10: Opinion on up-selling and cross selling

Analysis
From the Table 3.10 it is seen that 62% of the staffs agreed to the statement that they are actively up-selling and cross selling services to their current
customers. 14% disagrees to it while 10% strongly agrees to the statement. 8%
strongly disagrees to it.
Inference
Majority of the staffs agrees to the statement which shows that the sales
tools and marketing plan adopted are very well supporting the sales activity.
KTDC has got active sales agents who enhances the up-selling and cross selling
activity.

43
3.1.11

Key marketing messages that is consistently delivered in media

Table 3.11: Key marketing messages that is consistently delivered in media
Response
No of respondents
Strongly agree
7
Agree
21
Neutral
10
Disagree
7
Strongly disagree
5

Percentage
14
42
20
14
10

Figure 3.11: Key marketing messages

Analysis
From the Table 3.11 it is seen that 42% of staffs agreed to the statement
that they have key marketing messages that they are consistently delivering in all
media. 14% strongly agrees to the statement and an equal number disagrees to it.
10% strongly disagrees to the statement. 20% remained neutral to the statement.
Inference
KTDC have key marketing messages that they are consistently delivering
in all media. This ensures wider reach and visibility to the brand, offers, services
etc

44
3.1.12

Experience customers have while interacting with
employees

Table 3.12: Experience customers have while interacting with employees
Response
No of respondents
Strongly agree
17
Agree
15
Neutral
2
Disagree
10
Strongly disagree
6

Percentage
34
30
4
20
12

Figure 3.12: Experience customers have while interacting with employees

Analysis
Table 3.12 shows that 34% of the employees strongly agreed to the statement that the messages delivered in all media matches the experience customers
have when they interact with KTDCs staff. 30% agreed to it while an equal
number disagreed to the same. Only 12% strongly disagreed to the statement.
Inference
The experience customers have while interacting with the employees matches
with the key messages that is being delivered in all media. The staffs of KTDC
are well trained and customer friendly. Training given to employees by KTDC
ensures that a standardized service is given to all customers.

45
3.1.13

Targeting of messages to specific market segments
Table 3.13: Targeting of messages to specific market segments
Response
No of respondents
Strongly agree
12
Agree
18
Neutral
4
Disagree
10
Strongly disagree
6

Percentage
24
36
8
20
12

Figure 3.13: Targeting of messages to specific market segments

Analysis
From the Table 3.13 it is seen that 36% of the employees agreed to the
statement that they are tailoring messages to specific market segments when they
have an opportunity to do so. 24% strongly agreed to it, while 20% disagreed
to the statement. 12% strongly disagreed to the statement while 8% remained
neutral about the same.
Inference
Majority of the employees agreed to the statement that they are tailoring
messages to specific to market segments when they have an opportunity to do so.
This means marketing tactics used are flexible.

46
3.1.14

Opinion on shifting marketing to new channels
Table 3.14: Opinion on shifting marketing to new channels
Response
No of respondents
Strongly agree
18
Agree
22
Neutral
1
Disagree
8
Strongly disagree
1

Percentage
36
44
2
16
2

Figure 3.14: Opinion on shifting marketing to new channels

Analysis
As from the Table 3.14 it can be seen that 36% of the respondents strongly
agree that it is time to shift some or more of their marketing to new channels
such as social media and mobile marketing. 44% of them agree with the same.
Here only 2% of the respondents became neutral. 16% of the respondents disagree
with this and it 2% of the respondents strongly disagree that it is time to shift
some or more of their marketing to new channels such as social media and mobile
marketing.
Inference
36% of the respondents agree that it is time to shift some or more of their
marketing to new channels such as social media and mobile marketing. This shows
that KTDC has realized the importance of new marketing channels and they are
in phase to shift to some of their marketing to new channels.
47
3.1.15

Opinion on maximizing the value
Table 3.15: Opinion on maximizing the value
Response
No of respondents
Strongly agree
5
Agree
29
Neutral
2
Disagree
9
Strongly disagree
5

Percentage
10
58
4
18
10

Figure 3.15: Opinion on maximizing the value

Analysis
As from the Table 3.15 it can be seen that 10% of the respondents strongly
agree that they are maximizing the value of the proprietary channels they control,
such as newsletters, invoices, product packaging and inserts, vehicles and buildings. 58% of them agree with the same. Here only 4% of the respondents became
neutral. 18% of the respondents disagree and 10% of the respondents strongly
disagree with this.
Inference
58% of the respondents agree that they are maximizing the value of the
proprietary channels they control, such as newsletters, invoices, product packaging
and inserts, vehicles and buildings. KTDC has got several marketing tools and
they are utilizing it effectively.
48
3.1.16

Opinion on marketing tactics
Table 3.16: Opinion on marketing tactics
Response
No of respondents
Strongly agree
18
Agree
20
Neutral
1
Disagree
9
Strongly disagree
2

Percentage
36
40
2
18
4

Figure 3.16: Opinion on marketing tactics

Analysis
It can be seen from the Table 3.16, that 36% of the respondents strongly
agree that the marketing tactics are generating the best results- leads, conversions
or sales at the lowest cost.40% of them agree with the same. Here only 2% of
the respondents became neutral. 18% of the respondents disagree and 4% of the
respondents strongly disagree with this.
Inference
36% of the respondents agree that the marketing tactics are generating the
best results- leads, conversions or sales at the lowest cost. This indicates that the
marketing tactics used is very effective.

49
3.1.17

Integration of social media into traditional marketing

Table 3.17: Integration of social media into traditional marketing
Response
No of respondents
Strongly agree
21
Agree
20
Neutral
1
Disagree
4
Strongly disagree
4

Percentage
42
40
2
8
8

Figure 3.17: Integration of social media into traditional marketing

Analysis
From the Table 3.17 it can be seen that 42% of the respondents strongly
agree that they are integrating social media into traditional marketing tactics like
direct mail and advertising. 40% of them agree with the same. Here only 2% of
the respondents became neutral. 8% of the respondents disagree and 8% of the
respondents strongly disagree with this.
Inference
42% of the respondents agree that they are integrating social media into
traditional marketing tactics like direct mail and advertising. This shows that
KTDC understands the importance of social media in marketing its products and
they are integrating the same into traditional marketing tactics like direct mail
and advertising.
50
3.1.18

Opinion on creativity used
Table 3.18: Opinion on creativity used
Response
No of respondents
Strongly agree
13
Agree
27
Neutral
1
Disagree
8
Strongly disagree
1

Percentage
26
54
2
16
2

Figure 3.18: Opinion on creativity used

Analysis
From the above it can be seen that 26% of the respondents strongly agree
that their creative is attention getting and it stands out in a crowded market place.
54% of them agree with the same. Only 2% of the respondents became neutral.
16% of the respondents disagree and 2% of the respondents strongly disagree with
this.
Inference
54% of the respondents agree that their creative is attention getting and it
stands out in a crowded market place. The creative designs or features used in ads,
brochure etc are attention getting and it is unique which makes it to differentiate
from its competitors.

51
3.1.19

Clarity of marketing materials used
Table 3.19: Clarity of marketing materials used
Response
No of respondents
Strongly agree
15
Agree
17
Neutral
5
Disagree
9
Strongly disagree
4

Percentage
30
34
10
18
8

Figure 3.19: Clarity of marketing materials used

Analysis
As from the above it can be seen that 30% of the respondents strongly agree
that their call to action is loud and clear and their prospects know exactly what
to do next after reviewing their marketing materials. 36% of them agree with
the same. Here 10% of the respondents became neutral. 18% of the respondents
disagree and 8% of the respondents strongly disagree with this.
Inference
36% of the respondents agree that their call to action is loud and clear.
Their prospects know exactly what to do next after reviewing their marketing
materials. This indicates that messages conveyed in marketing material are appropriate and very clear.

52
3.1.20

Resonance of offers
Table 3.20: Resonance of offers
Response
No of respondents
Strongly agree
25
Agree
20
Neutral
0
Disagree
4
Strongly disagree
1

Percentage
50
40
0
8
2

Figure 3.20: Resonance of offers

Analysis
As from the above it can be seen that 50% of the respondents strongly agree
that their offer is resonating with prospects and more and more people saying yes.
40% of them agree with the same. Here none of the respondents became neutral.
8% of the respondents disagree and 2% of the respondents strongly disagree with
this.
Inference
50% of the respondents strongly agree that their offer is resonating with
prospects and more and more people are saying yes. The offers are made based
on the customer buying behavior and they are effective.

53
3.1.21

Effectiveness of offers
Table 3.21: Effectiveness of offers
Response
No of respondents
Strongly agree
8
Agree
32
Neutral
1
Disagree
8
Strongly disagree
1

Percentage
16
64
2
16
2

Figure 3.21: Effectiveness of offers

Analysis
As from the above it can be seen that 16% of the respondents strongly agree
that their offers showcase their products, 64% of them agree with this. Here only
2% of the respondents became neutral. 16% of the respondents disagree that their
offers showcase their products and remaining 2% exhibit a strong disagreement
regarding this.
Inference
64% of the respondents agree that their offers showcase their products. The
brochures, ads and other marketing materials used showcases different products of
KTDC. These are consistently delivered in all media which ensures that marketing
messages delivered are same.

54
3.1.22

Role of offers in the product value
Table 3.22: Role of offers in the product value
Response
No of respondents
Strongly agree
8
Agree
28
Neutral
2
Disagree
7
Strongly disagree
5

Percentage
16
56
4
14
10

Figure 3.22: Role of offers in the product value

Analysis
As from the above it can be seen that 16% of the respondents strongly agree
that their offer delivers real value to the prospect. 56% of them agree with this.
Here only 4% of the respondents became neutral. 14% of the respondents disagree
and 10% of the respondents strongly disagree that their offer delivers real value
to the prospect.
Inference
56% of the respondents agree that their offer delivers real value to the
prospect. The offers made are based on the buying behavior of customer and they
are effective.

55
3.1.23

Sales brochure attributes
Table 3.23: Sales brochure attributes
Response
No of respondents
Strongly agree
13
Agree
29
Neutral
2
Disagree
3
Strongly disagree
3

Percentage
26
58
4
6
6

Figure 3.23: Sales brochure attributes

Analysis
It can be seen from the above that 26% of the respondents strongly agree
that their sales brochures displays and sales demonstration tools are accurate,
complete and up to date. 58% of them agree with this. Here only 4% of the
respondents became neutral. 6% disagrees to the statement and an equal number
strongly disagree to the same
Inference
58% of the respondents agree that their sales brochures displays and sales
demonstration tools are accurate, complete and up to date.

56
3.1.24

Integration of sales tools
Table 3.24: Integration of sales tools
Response
No of respondents
Strongly agree
19
Agree
12
Neutral
8
Disagree
7
Strongly disagree
4

Percentage
38
24
16
14
8

Figure 3.24: Integration of sales tools

Analysis
As from the above it can be seen that 38% of the respondents strongly agree
that their sales tools are integrated with their brand and marketing campaigns.24%
of them agree with the same. Here 16% of the respondents became neutral. 14%
of the respondents disagree and 8% of the respondents strongly disagree with this.
Inference
38% of the respondents strongly agree that their sales tools are integrated
with their brand and their marketing campaigns. This indicates that marketing
strategy is made by inter connecting marketing elements.

57
3.1.25

About the need of new tools
Table 3.25: About the need of new tools
Response
No of respondents
Strongly agree
10
Agree
25
Neutral
2
Disagree
10
Strongly disagree
3

Percentage
20
50
4
20
6

Figure 3.25: About the need of new tools

Analysis
As from the above it can be seen that 20% of the respondents strongly agree
that they need new tools to educate prospects about their industry or products.
50% of them agree with the same. Here only 4% of the respondents became
neutral. 20% of the respondents disagree and 6% of the respondents strongly
disagree with this.
Inference
50% of the respondents agree that they need new tools to educate prospects
about their industry or products. New tools can be used to increase brand visibility
and also to increase awareness about the products among customers.

58
3.1.26

About the capturing of customer and prospect data
Table 3.26: About the capturing of customer and prospect data
Response
No of respondents
Strongly agree
9
Agree
18
Neutral
4
Disagree
12
Strongly disagree
7

Percentage
18
36
8
24
14

Figure 3.26: About the capturing of customer and prospect data

Analysis
As from the above it can be seen that 18% of the respondents strongly agree
that they are capturing customer and prospect data to build a robust marketing
database. 36% of them agree with the same. Here 8% of the respondents became
neutral. 24% of the respondents disagree and 14% of the respondents strongly
disagree with this.
Inference
36% of the respondents agree that they are capturing customer and prospect
data to build a robust marketing database. This indicates that KTDC uses relationship marketing to retain customers.

59
3.1.27

About the compiling of email address
Table 3.27: About the compiling of email address
Response
No of respondents
Strongly agree
13
Agree
30
Neutral
3
Disagree
2
Strongly disagree
2

Percentage
26
60
6
4
4

Figure 3.27: About the compiling of email address

Analysis
As from the above it can be seen that 26% of the respondents strongly agree
that they are compiling email address for an ongoing sales dialogue. 60% of them
agree with the same. Here 6% of the respondents became neutral. 4% strongly
disagreed to it and an equal number disagreed to the same.
Inference
60% of the respondents agree that they are compiling email address for an
ongoing sales dialogue. This indicates that KTDC is using relationship marketing
to retain customers.

60
3.1.28

About the website
Table 3.28: About the website
Response
No of respondents
Strongly agree
17
Agree
18
Neutral
1
Disagree
10
Strongly disagree
4

Percentage
34
36
2
20
8

Figure 3.28: About the website

Analysis
As from the above it can be seen that 34% of the respondents strongly agree
that their website is build around the needs and interest of its visitors. 36% of
them agree with the same. Here only 2% of the respondents became neutral. 20%
of the respondents disagree and 8% of the respondents strongly disagree with this.
Inference
36% of the respondents agree that their website is build around the needs
and interest of its visitors. KTDC has build its website in such a way that required
informations are easily accessible for the visitors.

61
3.1.29

SEO of website
Table 3.29: SEO of website
Response
No of respondents
Strongly agree
13
Agree
15
Neutral
4
Disagree
13
Strongly disagree
5

Percentage
26
30
8
26
10

Figure 3.29: SEO of website

Analysis
30% of the employees agreed that the KTDCs site is fully optimized for
search engines. 26% strongly agreed to the statement and an equal number disagreed to the same. 10% strongly disagreed to it and 8% remained neutral.
Inference
Majority of the employees agrees that KTDCs site is fully optimized for
search engines. This shows that KTDC has given importance for internet marketing.

62
3.1.30

Focusing of marketing campaigns
Table 3.30: Focusing of marketing campaigns
Response
No of respondents
Strongly agree
11
Agree
19
Neutral
2
Disagree
10
Strongly disagree
8

Percentage
22
38
4
20
16

Figure 3.30: Focusing of marketing campaigns

Analysis
As from the above it can be seen that 22% of the respondents strongly agree
that they are understand the factors buyer consider when selecting their product
or service and they are focusing their marketing campaigns on those factors. 38%
of them agree with this. Here only 4% of the respondents became neutral. 20% of
the respondents disagree and 16% of the respondents strongly disagree with this.
Inference
38% of the respondents agree that they are understand the factors buyer
consider when selecting their product or service and they are focusing their marketing campaigns on those factors. This shows that KTDC caters to the needs of
customers.

63
3.2

Chi Square test

The Chi-Square distribution is merely the distribution of the sum of the
squares of a set of normally distributed random variables. Its value stems from
the fact that the sum of random variables from any distribution can be closely
approximated by a normal distribution as the sum includes a greater and greater
number of samples. Thus the test is widely applicable for all distributions.
The chi- square test is one of the simplest and most widely used nonparametric test in statistical work. The symbol χ is the Greek letter Chi. The chi
square test was first used by Karl Pearson in the year 1990. The quantity of χ2
describes the magnitude of the discrepancy between theory and observation. It is
defined where O refers to the observed frequencies and E refers to the expected
frequencies.

3.2.1

Test of independence

With the help of chi-square test we can find out whether two or more attributes are associated or not. In order to test whether or not the attributes are
associated, we take the null hypothesis that there is no association in the attributes
under study or, in other words , the attributes are independent.

Table 3.31: Contingency Table
Response
Strongly agree
Agree
Neutral
Disagree
Strongly Disagree
Total

SA
A N
D
SD Total
4
5 1
2
0
12
15.42 26 2 6.58
2
52
4.5
4 0
1.5
3
13
0
5 2
6
1
14
2
2 1 2.16 1.84
9
25.92 42 6 18.24 7.84 100

In the Table 3.31
SA= Strongly Agree
A= Agree
N= Neutral
D= Disagree
SD= Strongly Disagree

64
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc
A study on internal perspectives of marketing strategy implemented by ktdc

Contenu connexe

Tendances

Bba marketing internship project
Bba marketing internship projectBba marketing internship project
Bba marketing internship projectPranaySharma66
 
Physical evidence in services
Physical evidence in servicesPhysical evidence in services
Physical evidence in servicesPrashant Sakariya
 
Designing compensation plans
Designing compensation plansDesigning compensation plans
Designing compensation plansRupam Chakraborty
 
Classification and Characteristics of a service
Classification and Characteristics of a serviceClassification and Characteristics of a service
Classification and Characteristics of a serviceSanchit
 
Summer internship report
Summer internship reportSummer internship report
Summer internship reportSakshi Bansal
 
Chap 5,source message & channel factor in IMC
Chap 5,source message & channel factor in IMCChap 5,source message & channel factor in IMC
Chap 5,source message & channel factor in IMCRajesh Kumar
 
Customer relationship management
Customer relationship managementCustomer relationship management
Customer relationship managementProjects Kart
 
Mba project titles
Mba project titlesMba project titles
Mba project titlesAmit Madkar
 
How do marketing communications work?
How do marketing communications work?How do marketing communications work?
How do marketing communications work?Sameer Mathur
 
Establishing Objectives and Budgeting for the Promotional Program
Establishing Objectives and Budgeting for the Promotional ProgramEstablishing Objectives and Budgeting for the Promotional Program
Establishing Objectives and Budgeting for the Promotional ProgramNishant Agrawal
 
Chap22 Evaluating The Social, Ethical, And Economic Aspects Of Advertising An...
Chap22 Evaluating The Social, Ethical, And Economic Aspects Of Advertising An...Chap22 Evaluating The Social, Ethical, And Economic Aspects Of Advertising An...
Chap22 Evaluating The Social, Ethical, And Economic Aspects Of Advertising An...Phoenix media & event
 
Customer satisfaction towards bikes of Royal Enfield
Customer satisfaction towards bikes of Royal EnfieldCustomer satisfaction towards bikes of Royal Enfield
Customer satisfaction towards bikes of Royal EnfieldVinayak Khade
 
Global Marketing Communications
Global Marketing CommunicationsGlobal Marketing Communications
Global Marketing CommunicationsRinu Thomas
 
Service market segmentation and targeting
Service market segmentation and targetingService market segmentation and targeting
Service market segmentation and targetingManvi Sehgal
 
Chap09 Creative Strategy Implementation And Evaluation
Chap09 Creative Strategy Implementation And EvaluationChap09 Creative Strategy Implementation And Evaluation
Chap09 Creative Strategy Implementation And EvaluationPhoenix media & event
 
Chap04 Perspectives On Consumer Behavior
Chap04 Perspectives On Consumer BehaviorChap04 Perspectives On Consumer Behavior
Chap04 Perspectives On Consumer BehaviorPhoenix media & event
 
Imc module-1 (3rd sem)
Imc  module-1 (3rd sem)Imc  module-1 (3rd sem)
Imc module-1 (3rd sem)Deep Shah
 
Chap08 Creative Strategy Planning And Development
Chap08 Creative Strategy Planning And DevelopmentChap08 Creative Strategy Planning And Development
Chap08 Creative Strategy Planning And DevelopmentPhoenix media & event
 
List of mba project topics reports
List of  mba project topics  reportsList of  mba project topics  reports
List of mba project topics reportsBabasab Patil
 

Tendances (20)

Bba marketing internship project
Bba marketing internship projectBba marketing internship project
Bba marketing internship project
 
Physical evidence in services
Physical evidence in servicesPhysical evidence in services
Physical evidence in services
 
Designing compensation plans
Designing compensation plansDesigning compensation plans
Designing compensation plans
 
Introduction to service marketing
Introduction to service marketingIntroduction to service marketing
Introduction to service marketing
 
Classification and Characteristics of a service
Classification and Characteristics of a serviceClassification and Characteristics of a service
Classification and Characteristics of a service
 
Summer internship report
Summer internship reportSummer internship report
Summer internship report
 
Chap 5,source message & channel factor in IMC
Chap 5,source message & channel factor in IMCChap 5,source message & channel factor in IMC
Chap 5,source message & channel factor in IMC
 
Customer relationship management
Customer relationship managementCustomer relationship management
Customer relationship management
 
Mba project titles
Mba project titlesMba project titles
Mba project titles
 
How do marketing communications work?
How do marketing communications work?How do marketing communications work?
How do marketing communications work?
 
Establishing Objectives and Budgeting for the Promotional Program
Establishing Objectives and Budgeting for the Promotional ProgramEstablishing Objectives and Budgeting for the Promotional Program
Establishing Objectives and Budgeting for the Promotional Program
 
Chap22 Evaluating The Social, Ethical, And Economic Aspects Of Advertising An...
Chap22 Evaluating The Social, Ethical, And Economic Aspects Of Advertising An...Chap22 Evaluating The Social, Ethical, And Economic Aspects Of Advertising An...
Chap22 Evaluating The Social, Ethical, And Economic Aspects Of Advertising An...
 
Customer satisfaction towards bikes of Royal Enfield
Customer satisfaction towards bikes of Royal EnfieldCustomer satisfaction towards bikes of Royal Enfield
Customer satisfaction towards bikes of Royal Enfield
 
Global Marketing Communications
Global Marketing CommunicationsGlobal Marketing Communications
Global Marketing Communications
 
Service market segmentation and targeting
Service market segmentation and targetingService market segmentation and targeting
Service market segmentation and targeting
 
Chap09 Creative Strategy Implementation And Evaluation
Chap09 Creative Strategy Implementation And EvaluationChap09 Creative Strategy Implementation And Evaluation
Chap09 Creative Strategy Implementation And Evaluation
 
Chap04 Perspectives On Consumer Behavior
Chap04 Perspectives On Consumer BehaviorChap04 Perspectives On Consumer Behavior
Chap04 Perspectives On Consumer Behavior
 
Imc module-1 (3rd sem)
Imc  module-1 (3rd sem)Imc  module-1 (3rd sem)
Imc module-1 (3rd sem)
 
Chap08 Creative Strategy Planning And Development
Chap08 Creative Strategy Planning And DevelopmentChap08 Creative Strategy Planning And Development
Chap08 Creative Strategy Planning And Development
 
List of mba project topics reports
List of  mba project topics  reportsList of  mba project topics  reports
List of mba project topics reports
 

En vedette

A STUDY ON EMPLOYEE WELFARE FACILITIES IN HLL
 A STUDY  ON EMPLOYEE WELFARE FACILITIES IN HLL A STUDY  ON EMPLOYEE WELFARE FACILITIES IN HLL
A STUDY ON EMPLOYEE WELFARE FACILITIES IN HLLBabasab Patil
 
Case Review: Shangri-la Hotels and Resorts – Achieving Service Leadership
Case Review: Shangri-la Hotels and Resorts – Achieving Service LeadershipCase Review: Shangri-la Hotels and Resorts – Achieving Service Leadership
Case Review: Shangri-la Hotels and Resorts – Achieving Service Leadershipmaverik
 
Institut Mollerussa
Institut MollerussaInstitut Mollerussa
Institut Mollerussamairacocu
 
TomTom introduce la función speak & go en su modelo tomtom via 130
TomTom introduce la función speak & go en su modelo tomtom via 130TomTom introduce la función speak & go en su modelo tomtom via 130
TomTom introduce la función speak & go en su modelo tomtom via 130TomTomSpain
 
Harmonay delaney proposal
Harmonay delaney proposalHarmonay delaney proposal
Harmonay delaney proposalDelaneyHarmony
 
Invat.tur Emprende - emprender en turismo en la Comunitat Valenciana
Invat.tur Emprende - emprender en turismo en la Comunitat ValencianaInvat.tur Emprende - emprender en turismo en la Comunitat Valenciana
Invat.tur Emprende - emprender en turismo en la Comunitat ValencianaDavid Giner Sánchez
 
Sentencia contra Graciela Villca
Sentencia contra Graciela VillcaSentencia contra Graciela Villca
Sentencia contra Graciela VillcaJuan Macias
 
Crnologiasociedaddechilesigloxx 100428224040-phpapp01
Crnologiasociedaddechilesigloxx 100428224040-phpapp01Crnologiasociedaddechilesigloxx 100428224040-phpapp01
Crnologiasociedaddechilesigloxx 100428224040-phpapp01Susana Pereira
 
Semantics at Scale: A Distributional Approach
Semantics at Scale: A Distributional ApproachSemantics at Scale: A Distributional Approach
Semantics at Scale: A Distributional ApproachAndre Freitas
 
Oscilloscopes and Scan Tools
Oscilloscopes and Scan ToolsOscilloscopes and Scan Tools
Oscilloscopes and Scan ToolsPraneel Chand
 
TKR-371MP_Song List_0905-2013.pdf
TKR-371MP_Song List_0905-2013.pdfTKR-371MP_Song List_0905-2013.pdf
TKR-371MP_Song List_0905-2013.pdfvogman
 
Recursos de formación online y semipresenciales para internistas
Recursos de formación online y semipresenciales para internistasRecursos de formación online y semipresenciales para internistas
Recursos de formación online y semipresenciales para internistasdigaPLE33
 
International Marketing Strategy for Pulse Candy
International Marketing Strategy for Pulse CandyInternational Marketing Strategy for Pulse Candy
International Marketing Strategy for Pulse CandyGaurav Singh Bisen
 
Kerala Tourism Marketing Strategy
Kerala Tourism Marketing StrategyKerala Tourism Marketing Strategy
Kerala Tourism Marketing StrategyAMITYAITTKOLKATA
 
Protocolo Atención Sanitaria a Personas Transexuales
Protocolo Atención Sanitaria a Personas TransexualesProtocolo Atención Sanitaria a Personas Transexuales
Protocolo Atención Sanitaria a Personas TransexualesCanarias Saludable
 
Project on customer satisfaction in kanan hotels
Project on customer satisfaction in kanan hotelsProject on customer satisfaction in kanan hotels
Project on customer satisfaction in kanan hotelsJia Chawla
 
“A Study on of Effective Marketing Strategy of Nestle MAGGI”
“A Study on of Effective Marketing Strategy of Nestle MAGGI”“A Study on of Effective Marketing Strategy of Nestle MAGGI”
“A Study on of Effective Marketing Strategy of Nestle MAGGI”Shravan Kalse Gurumurthy
 
Kerala Tourism Marketing Strategies & Recommendations
Kerala Tourism Marketing Strategies & RecommendationsKerala Tourism Marketing Strategies & Recommendations
Kerala Tourism Marketing Strategies & RecommendationsSanil Subhash Chandra Bose
 
E drejta-civile-1
E drejta-civile-1E drejta-civile-1
E drejta-civile-1zogaj
 

En vedette (20)

A STUDY ON EMPLOYEE WELFARE FACILITIES IN HLL
 A STUDY  ON EMPLOYEE WELFARE FACILITIES IN HLL A STUDY  ON EMPLOYEE WELFARE FACILITIES IN HLL
A STUDY ON EMPLOYEE WELFARE FACILITIES IN HLL
 
Case Review: Shangri-la Hotels and Resorts – Achieving Service Leadership
Case Review: Shangri-la Hotels and Resorts – Achieving Service LeadershipCase Review: Shangri-la Hotels and Resorts – Achieving Service Leadership
Case Review: Shangri-la Hotels and Resorts – Achieving Service Leadership
 
Institut Mollerussa
Institut MollerussaInstitut Mollerussa
Institut Mollerussa
 
TomTom introduce la función speak & go en su modelo tomtom via 130
TomTom introduce la función speak & go en su modelo tomtom via 130TomTom introduce la función speak & go en su modelo tomtom via 130
TomTom introduce la función speak & go en su modelo tomtom via 130
 
Harmonay delaney proposal
Harmonay delaney proposalHarmonay delaney proposal
Harmonay delaney proposal
 
Invat.tur Emprende - emprender en turismo en la Comunitat Valenciana
Invat.tur Emprende - emprender en turismo en la Comunitat ValencianaInvat.tur Emprende - emprender en turismo en la Comunitat Valenciana
Invat.tur Emprende - emprender en turismo en la Comunitat Valenciana
 
Sentencia contra Graciela Villca
Sentencia contra Graciela VillcaSentencia contra Graciela Villca
Sentencia contra Graciela Villca
 
Crnologiasociedaddechilesigloxx 100428224040-phpapp01
Crnologiasociedaddechilesigloxx 100428224040-phpapp01Crnologiasociedaddechilesigloxx 100428224040-phpapp01
Crnologiasociedaddechilesigloxx 100428224040-phpapp01
 
Semantics at Scale: A Distributional Approach
Semantics at Scale: A Distributional ApproachSemantics at Scale: A Distributional Approach
Semantics at Scale: A Distributional Approach
 
Oscilloscopes and Scan Tools
Oscilloscopes and Scan ToolsOscilloscopes and Scan Tools
Oscilloscopes and Scan Tools
 
TKR-371MP_Song List_0905-2013.pdf
TKR-371MP_Song List_0905-2013.pdfTKR-371MP_Song List_0905-2013.pdf
TKR-371MP_Song List_0905-2013.pdf
 
Recursos de formación online y semipresenciales para internistas
Recursos de formación online y semipresenciales para internistasRecursos de formación online y semipresenciales para internistas
Recursos de formación online y semipresenciales para internistas
 
International Marketing Strategy for Pulse Candy
International Marketing Strategy for Pulse CandyInternational Marketing Strategy for Pulse Candy
International Marketing Strategy for Pulse Candy
 
Direct mail marketing
Direct mail marketingDirect mail marketing
Direct mail marketing
 
Kerala Tourism Marketing Strategy
Kerala Tourism Marketing StrategyKerala Tourism Marketing Strategy
Kerala Tourism Marketing Strategy
 
Protocolo Atención Sanitaria a Personas Transexuales
Protocolo Atención Sanitaria a Personas TransexualesProtocolo Atención Sanitaria a Personas Transexuales
Protocolo Atención Sanitaria a Personas Transexuales
 
Project on customer satisfaction in kanan hotels
Project on customer satisfaction in kanan hotelsProject on customer satisfaction in kanan hotels
Project on customer satisfaction in kanan hotels
 
“A Study on of Effective Marketing Strategy of Nestle MAGGI”
“A Study on of Effective Marketing Strategy of Nestle MAGGI”“A Study on of Effective Marketing Strategy of Nestle MAGGI”
“A Study on of Effective Marketing Strategy of Nestle MAGGI”
 
Kerala Tourism Marketing Strategies & Recommendations
Kerala Tourism Marketing Strategies & RecommendationsKerala Tourism Marketing Strategies & Recommendations
Kerala Tourism Marketing Strategies & Recommendations
 
E drejta-civile-1
E drejta-civile-1E drejta-civile-1
E drejta-civile-1
 

Similaire à A study on internal perspectives of marketing strategy implemented by ktdc

Fundamentals of relationship marketing a relationship-perspective_chapter1 se...
Fundamentals of relationship marketing a relationship-perspective_chapter1 se...Fundamentals of relationship marketing a relationship-perspective_chapter1 se...
Fundamentals of relationship marketing a relationship-perspective_chapter1 se...Divya Kansha
 
PLANO DE MARKETING EXEMPLO MODA.pdf
PLANO DE MARKETING EXEMPLO MODA.pdfPLANO DE MARKETING EXEMPLO MODA.pdf
PLANO DE MARKETING EXEMPLO MODA.pdfAmnonArmoni
 
Green Hat B2B Marketing Outlook Australia 2014 Sneak Peek
Green Hat B2B Marketing Outlook Australia 2014 Sneak PeekGreen Hat B2B Marketing Outlook Australia 2014 Sneak Peek
Green Hat B2B Marketing Outlook Australia 2014 Sneak PeekGreen Hat
 
Acmeconsulting mpp live
Acmeconsulting mpp liveAcmeconsulting mpp live
Acmeconsulting mpp liveMohan Bista
 
Bba thesis weckman
Bba thesis weckmanBba thesis weckman
Bba thesis weckmannichus4nith
 
CRITICAL ANALYSIS OF EFFECTIVE INTERNET ADVERTISING DONE BY SMALL BUSINESSES
CRITICAL ANALYSIS OF EFFECTIVE INTERNET ADVERTISING DONE BY SMALL BUSINESSESCRITICAL ANALYSIS OF EFFECTIVE INTERNET ADVERTISING DONE BY SMALL BUSINESSES
CRITICAL ANALYSIS OF EFFECTIVE INTERNET ADVERTISING DONE BY SMALL BUSINESSESTushar Dalvi
 
Aurora Dental Group Integrated Marketing Campaign
Aurora Dental Group Integrated Marketing CampaignAurora Dental Group Integrated Marketing Campaign
Aurora Dental Group Integrated Marketing CampaignMaureen Lepke
 
International innovators business plan
International innovators business planInternational innovators business plan
International innovators business planjitharadharmesh
 
RDGB Corporate Profile
RDGB Corporate ProfileRDGB Corporate Profile
RDGB Corporate ProfileRejaul Islam
 
Green Hat B2B Marketing Outlook Report 2015 Sneak Peek
Green Hat B2B Marketing Outlook Report 2015 Sneak PeekGreen Hat B2B Marketing Outlook Report 2015 Sneak Peek
Green Hat B2B Marketing Outlook Report 2015 Sneak PeekGreen Hat
 
Effect of Sales Promotion on the sale of FMCG products
Effect of Sales Promotion on the sale of FMCG productsEffect of Sales Promotion on the sale of FMCG products
Effect of Sales Promotion on the sale of FMCG productsImran Sayed
 
Final dissertation: Bing integrated marketing communications plan
Final dissertation: Bing integrated marketing communications planFinal dissertation: Bing integrated marketing communications plan
Final dissertation: Bing integrated marketing communications planJuan Mejia
 
Marketing Business Plan
Marketing Business PlanMarketing Business Plan
Marketing Business Plantmrose
 
Yellowhead Brewery FINAL (2)
Yellowhead Brewery FINAL (2)Yellowhead Brewery FINAL (2)
Yellowhead Brewery FINAL (2)Alastair Lillico
 
Integrated marketing plan
Integrated marketing planIntegrated marketing plan
Integrated marketing planVidur Pandit
 
Greenhat B2B Marketing Outlook 2013
Greenhat B2B Marketing Outlook 2013Greenhat B2B Marketing Outlook 2013
Greenhat B2B Marketing Outlook 2013Green Hat
 

Similaire à A study on internal perspectives of marketing strategy implemented by ktdc (20)

Fundamentals of relationship marketing a relationship-perspective_chapter1 se...
Fundamentals of relationship marketing a relationship-perspective_chapter1 se...Fundamentals of relationship marketing a relationship-perspective_chapter1 se...
Fundamentals of relationship marketing a relationship-perspective_chapter1 se...
 
PLANO DE MARKETING EXEMPLO MODA.pdf
PLANO DE MARKETING EXEMPLO MODA.pdfPLANO DE MARKETING EXEMPLO MODA.pdf
PLANO DE MARKETING EXEMPLO MODA.pdf
 
Green Hat B2B Marketing Outlook Australia 2014 Sneak Peek
Green Hat B2B Marketing Outlook Australia 2014 Sneak PeekGreen Hat B2B Marketing Outlook Australia 2014 Sneak Peek
Green Hat B2B Marketing Outlook Australia 2014 Sneak Peek
 
Acmeconsulting mpp live
Acmeconsulting mpp liveAcmeconsulting mpp live
Acmeconsulting mpp live
 
Bba thesis weckman
Bba thesis weckmanBba thesis weckman
Bba thesis weckman
 
CRITICAL ANALYSIS OF EFFECTIVE INTERNET ADVERTISING DONE BY SMALL BUSINESSES
CRITICAL ANALYSIS OF EFFECTIVE INTERNET ADVERTISING DONE BY SMALL BUSINESSESCRITICAL ANALYSIS OF EFFECTIVE INTERNET ADVERTISING DONE BY SMALL BUSINESSES
CRITICAL ANALYSIS OF EFFECTIVE INTERNET ADVERTISING DONE BY SMALL BUSINESSES
 
Aurora Dental Group Integrated Marketing Campaign
Aurora Dental Group Integrated Marketing CampaignAurora Dental Group Integrated Marketing Campaign
Aurora Dental Group Integrated Marketing Campaign
 
International innovators business plan
International innovators business planInternational innovators business plan
International innovators business plan
 
yuveaj_final[1].docx
yuveaj_final[1].docxyuveaj_final[1].docx
yuveaj_final[1].docx
 
RDGB Corporate Profile
RDGB Corporate ProfileRDGB Corporate Profile
RDGB Corporate Profile
 
Green Hat B2B Marketing Outlook Report 2015 Sneak Peek
Green Hat B2B Marketing Outlook Report 2015 Sneak PeekGreen Hat B2B Marketing Outlook Report 2015 Sneak Peek
Green Hat B2B Marketing Outlook Report 2015 Sneak Peek
 
Effect of Sales Promotion on the sale of FMCG products
Effect of Sales Promotion on the sale of FMCG productsEffect of Sales Promotion on the sale of FMCG products
Effect of Sales Promotion on the sale of FMCG products
 
Business Plan Example
Business Plan Example Business Plan Example
Business Plan Example
 
Watertowercafe live
Watertowercafe liveWatertowercafe live
Watertowercafe live
 
Final dissertation: Bing integrated marketing communications plan
Final dissertation: Bing integrated marketing communications planFinal dissertation: Bing integrated marketing communications plan
Final dissertation: Bing integrated marketing communications plan
 
Chef vending mpp
Chef vending mppChef vending mpp
Chef vending mpp
 
Marketing Business Plan
Marketing Business PlanMarketing Business Plan
Marketing Business Plan
 
Yellowhead Brewery FINAL (2)
Yellowhead Brewery FINAL (2)Yellowhead Brewery FINAL (2)
Yellowhead Brewery FINAL (2)
 
Integrated marketing plan
Integrated marketing planIntegrated marketing plan
Integrated marketing plan
 
Greenhat B2B Marketing Outlook 2013
Greenhat B2B Marketing Outlook 2013Greenhat B2B Marketing Outlook 2013
Greenhat B2B Marketing Outlook 2013
 

Plus de Bella Meraki

How to create an awesome Resume ?
How to create an awesome Resume ?How to create an awesome Resume ?
How to create an awesome Resume ?Bella Meraki
 
9 Tips to Master The Art of Questioning
9 Tips to Master The Art of Questioning9 Tips to Master The Art of Questioning
9 Tips to Master The Art of QuestioningBella Meraki
 
Tips to create superb presentation
Tips to create superb presentationTips to create superb presentation
Tips to create superb presentationBella Meraki
 
Body language for Group discussion and Interview
Body language for Group discussion and InterviewBody language for Group discussion and Interview
Body language for Group discussion and InterviewBella Meraki
 
10 things You Should Never Do in Your LIFE
10 things You Should Never Do in Your LIFE10 things You Should Never Do in Your LIFE
10 things You Should Never Do in Your LIFEBella Meraki
 
Simple guide to Personal interview
Simple guide to Personal interviewSimple guide to Personal interview
Simple guide to Personal interviewBella Meraki
 
Group Discussion: Tips and Skills
Group Discussion: Tips and SkillsGroup Discussion: Tips and Skills
Group Discussion: Tips and SkillsBella Meraki
 
Master of Ceremony Script- Informal Style
Master of Ceremony Script- Informal StyleMaster of Ceremony Script- Informal Style
Master of Ceremony Script- Informal StyleBella Meraki
 
Emerging trends in E-tailing: A novel perspective
Emerging trends in E-tailing: A novel perspectiveEmerging trends in E-tailing: A novel perspective
Emerging trends in E-tailing: A novel perspectiveBella Meraki
 
Professional Ethics Module 4 Notes
Professional Ethics Module 4 NotesProfessional Ethics Module 4 Notes
Professional Ethics Module 4 NotesBella Meraki
 
Professional Ethics Module 3 Notes
Professional Ethics Module 3 NotesProfessional Ethics Module 3 Notes
Professional Ethics Module 3 NotesBella Meraki
 
Professional Ethics Module 5 Notes
Professional Ethics Module 5 NotesProfessional Ethics Module 5 Notes
Professional Ethics Module 5 NotesBella Meraki
 
Professional Ethics Module 2 Notes
Professional Ethics Module 2 NotesProfessional Ethics Module 2 Notes
Professional Ethics Module 2 NotesBella Meraki
 
Professional Ethics Module 1 Notes
Professional Ethics Module 1 NotesProfessional Ethics Module 1 Notes
Professional Ethics Module 1 NotesBella Meraki
 
Retail Management Module 1 notes
Retail Management Module 1 notesRetail Management Module 1 notes
Retail Management Module 1 notesBella Meraki
 
Brand Management Module 3 notes
Brand Management Module 3 notesBrand Management Module 3 notes
Brand Management Module 3 notesBella Meraki
 
Brand Management Module 2 notes
Brand Management Module 2 notesBrand Management Module 2 notes
Brand Management Module 2 notesBella Meraki
 
Brand Management - Module 1 Notes
Brand Management - Module 1 NotesBrand Management - Module 1 Notes
Brand Management - Module 1 NotesBella Meraki
 
Master of Ceremony Script
Master of Ceremony ScriptMaster of Ceremony Script
Master of Ceremony ScriptBella Meraki
 
Hiring trends in 2013
Hiring trends in 2013Hiring trends in 2013
Hiring trends in 2013Bella Meraki
 

Plus de Bella Meraki (20)

How to create an awesome Resume ?
How to create an awesome Resume ?How to create an awesome Resume ?
How to create an awesome Resume ?
 
9 Tips to Master The Art of Questioning
9 Tips to Master The Art of Questioning9 Tips to Master The Art of Questioning
9 Tips to Master The Art of Questioning
 
Tips to create superb presentation
Tips to create superb presentationTips to create superb presentation
Tips to create superb presentation
 
Body language for Group discussion and Interview
Body language for Group discussion and InterviewBody language for Group discussion and Interview
Body language for Group discussion and Interview
 
10 things You Should Never Do in Your LIFE
10 things You Should Never Do in Your LIFE10 things You Should Never Do in Your LIFE
10 things You Should Never Do in Your LIFE
 
Simple guide to Personal interview
Simple guide to Personal interviewSimple guide to Personal interview
Simple guide to Personal interview
 
Group Discussion: Tips and Skills
Group Discussion: Tips and SkillsGroup Discussion: Tips and Skills
Group Discussion: Tips and Skills
 
Master of Ceremony Script- Informal Style
Master of Ceremony Script- Informal StyleMaster of Ceremony Script- Informal Style
Master of Ceremony Script- Informal Style
 
Emerging trends in E-tailing: A novel perspective
Emerging trends in E-tailing: A novel perspectiveEmerging trends in E-tailing: A novel perspective
Emerging trends in E-tailing: A novel perspective
 
Professional Ethics Module 4 Notes
Professional Ethics Module 4 NotesProfessional Ethics Module 4 Notes
Professional Ethics Module 4 Notes
 
Professional Ethics Module 3 Notes
Professional Ethics Module 3 NotesProfessional Ethics Module 3 Notes
Professional Ethics Module 3 Notes
 
Professional Ethics Module 5 Notes
Professional Ethics Module 5 NotesProfessional Ethics Module 5 Notes
Professional Ethics Module 5 Notes
 
Professional Ethics Module 2 Notes
Professional Ethics Module 2 NotesProfessional Ethics Module 2 Notes
Professional Ethics Module 2 Notes
 
Professional Ethics Module 1 Notes
Professional Ethics Module 1 NotesProfessional Ethics Module 1 Notes
Professional Ethics Module 1 Notes
 
Retail Management Module 1 notes
Retail Management Module 1 notesRetail Management Module 1 notes
Retail Management Module 1 notes
 
Brand Management Module 3 notes
Brand Management Module 3 notesBrand Management Module 3 notes
Brand Management Module 3 notes
 
Brand Management Module 2 notes
Brand Management Module 2 notesBrand Management Module 2 notes
Brand Management Module 2 notes
 
Brand Management - Module 1 Notes
Brand Management - Module 1 NotesBrand Management - Module 1 Notes
Brand Management - Module 1 Notes
 
Master of Ceremony Script
Master of Ceremony ScriptMaster of Ceremony Script
Master of Ceremony Script
 
Hiring trends in 2013
Hiring trends in 2013Hiring trends in 2013
Hiring trends in 2013
 

Dernier

Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptxGo for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptxRakhi Bazaar
 
Appkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptxAppkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptxappkodes
 
Data Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and TemplatesData Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and TemplatesAurelien Domont, MBA
 
Implementing Exponential Accelerators.pptx
Implementing Exponential Accelerators.pptxImplementing Exponential Accelerators.pptx
Implementing Exponential Accelerators.pptxRich Reba
 
Darshan Hiranandani (Son of Niranjan Hiranandani).pdf
Darshan Hiranandani (Son of Niranjan Hiranandani).pdfDarshan Hiranandani (Son of Niranjan Hiranandani).pdf
Darshan Hiranandani (Son of Niranjan Hiranandani).pdfShashank Mehta
 
Planetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifePlanetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifeBhavana Pujan Kendra
 
Customizable Contents Restoration Training
Customizable Contents Restoration TrainingCustomizable Contents Restoration Training
Customizable Contents Restoration TrainingCalvinarnold843
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environmentelijahj01012
 
NAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataNAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Peter Ward
 
Onemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring CapabilitiesOnemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring CapabilitiesOne Monitar
 
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...Operational Excellence Consulting
 
Lessons from Shanavas M.P. (AKA SHAN) For The Mastering in Entrepreneurship
Lessons from Shanavas M.P. (AKA SHAN) For The Mastering in EntrepreneurshipLessons from Shanavas M.P. (AKA SHAN) For The Mastering in Entrepreneurship
Lessons from Shanavas M.P. (AKA SHAN) For The Mastering in EntrepreneurshipDoge Mining Website
 
How do I Check My Health Issues in Astrology.pdf
How do I Check My Health Issues in Astrology.pdfHow do I Check My Health Issues in Astrology.pdf
How do I Check My Health Issues in Astrology.pdfshubhamaapkikismat
 
How to Conduct a Service Gap Analysis for Your Business
How to Conduct a Service Gap Analysis for Your BusinessHow to Conduct a Service Gap Analysis for Your Business
How to Conduct a Service Gap Analysis for Your BusinessHelp Desk Migration
 
20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdfChris Skinner
 
Interoperability and ecosystems: Assembling the industrial metaverse
Interoperability and ecosystems:  Assembling the industrial metaverseInteroperability and ecosystems:  Assembling the industrial metaverse
Interoperability and ecosystems: Assembling the industrial metaverseSiemens
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFChandresh Chudasama
 
Welding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsWelding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsIndiaMART InterMESH Limited
 

Dernier (20)

Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptxGo for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
 
Appkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptxAppkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptx
 
Data Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and TemplatesData Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and Templates
 
Implementing Exponential Accelerators.pptx
Implementing Exponential Accelerators.pptxImplementing Exponential Accelerators.pptx
Implementing Exponential Accelerators.pptx
 
Darshan Hiranandani (Son of Niranjan Hiranandani).pdf
Darshan Hiranandani (Son of Niranjan Hiranandani).pdfDarshan Hiranandani (Son of Niranjan Hiranandani).pdf
Darshan Hiranandani (Son of Niranjan Hiranandani).pdf
 
Planetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifePlanetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in Life
 
Customizable Contents Restoration Training
Customizable Contents Restoration TrainingCustomizable Contents Restoration Training
Customizable Contents Restoration Training
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environment
 
NAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataNAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors Data
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...
 
Onemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring CapabilitiesOnemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
 
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
 
Lessons from Shanavas M.P. (AKA SHAN) For The Mastering in Entrepreneurship
Lessons from Shanavas M.P. (AKA SHAN) For The Mastering in EntrepreneurshipLessons from Shanavas M.P. (AKA SHAN) For The Mastering in Entrepreneurship
Lessons from Shanavas M.P. (AKA SHAN) For The Mastering in Entrepreneurship
 
How do I Check My Health Issues in Astrology.pdf
How do I Check My Health Issues in Astrology.pdfHow do I Check My Health Issues in Astrology.pdf
How do I Check My Health Issues in Astrology.pdf
 
How to Conduct a Service Gap Analysis for Your Business
How to Conduct a Service Gap Analysis for Your BusinessHow to Conduct a Service Gap Analysis for Your Business
How to Conduct a Service Gap Analysis for Your Business
 
20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf
 
Interoperability and ecosystems: Assembling the industrial metaverse
Interoperability and ecosystems:  Assembling the industrial metaverseInteroperability and ecosystems:  Assembling the industrial metaverse
Interoperability and ecosystems: Assembling the industrial metaverse
 
Authentically Social - presented by Corey Perlman
Authentically Social - presented by Corey PerlmanAuthentically Social - presented by Corey Perlman
Authentically Social - presented by Corey Perlman
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDF
 
Welding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsWelding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan Dynamics
 

A study on internal perspectives of marketing strategy implemented by ktdc

  • 1. A Study on Internal Perspective of Marketing Strategies Implemented by KTDC Project report submitted in partial fulfilment of the requirements for the award of the Degree of Master of Business Administration of the University of Kerala Submitted by: Belli P K DEPARTMENT OF BUSINESS ADMINISTRATION COLLEGE OF ENGINEERING TRIVANDRUM July 2013
  • 2. DEPARTMENT OF BUSINESS ADMINISTRATION College of Engineering Trivandrum 2013 CERTIFICATE This is to certify that the report titled “A Study on Internal Perspective of Marketing Strategies Implemented by KTDC” being submitted by Belli P K in partial fulfilment of the requirements for the award of the Degree of Master of Business Administration, is a bonafide record of the project work done by Belli P K at College of Engineering Trivandrum. Dr. Chandramohan Director Dr. D Bijulal Professor
  • 3. Declaration I undersigned, hereby declare that the project titled “A Study on Internal Perspective of Marketing Strategies Implemented by KTDC” submitted in partial fulfilment for the award of Degree of Master of Business Administration of the University of Kerala is a bonafide record of work done by me under the guidance of Dr. D Bijulal, Department of Business Administration, College of Engineering Trivandrum. This report has not previously formed the basis for the award of any degree, diploma, or similar title of any other university. Belli P K
  • 4. Acknowledgements I wish to record my deep sense of gratitude and profound thanks to my guide Dr D Bijulal, Professor, Department of Business Administration, College of Engineering Trivandrum for his guidance and help through out the period of this project work. At this juncture I accord my deep sense of thanks and gratitude to Dr Chandramohan, Director and HOD for his valuable direction enabling me to complete this project. I take this opportunity to express my sincere thanks to Mr Rajmohan G S, Marketing manager, KTDC for giving me an opportunity to do the project in their esteemed organisation. I express my ultimate gratitude to God Almighty who has been an instrument for enlightening me on academic venture. Last but not the least I take this opportunity to thank my parents and friends who helped me in making this endeavor a success. Belli P K i
  • 5. Abstract Marketing is often thought of only as promotion of products, especially advertising and branding. However it has wider meaning which recognises that it is customer centered. A review of the literature reveals that marketing strategy is important for all company. Marketing strategy is a process that allows an organisation to concenterate its resources on optimal opportunities with goal of increasing sales and achieving suitable competitive advantage.The project work is conducted in Kerala Tourism Development Corporation (KTDC) at Mascot square, Trivandrum. KTDC uses a marketing strategy whose effectiveness is uncertain. The primary objective of this study is to evaluate the marketing strategy of KTDC from employees perspective. For the study a questionnaire was made based on the variables like brand, market, messages, marketing channels, marketing tactics, marketing campaign, sales tools and website. From the study it is found that KTDC uses a less effective marketing strategy which needs to be modified. The recommendations provided will give KTDC a framework for making new marketing plan. Keywords: marketing strategy, marketing strategy evaluation, management perspective , KTDC marketing strategy. ii
  • 6. Contents Page List of Tables vii List of Figures viii 1 Introduction 1.1 Background of the problem . . . . . . 1.2 Industry profile . . . . . . . . . . . . 1.2.1 Tourism in India . . . . . . . 1.2.2 Tourism in Kerala . . . . . . . 1.3 Introduction to the company . . . . . 1.3.1 Mission . . . . . . . . . . . . 1.3.2 Vision . . . . . . . . . . . . . 1.3.3 Key objectives . . . . . . . . . 1.3.4 Brands and products . . . . . 1.4 Research methodology . . . . . . . . 1.4.1 Objectives of study . . . . . . 1.4.2 Research design . . . . . . . . 1.4.3 Sources of data . . . . . . . . 1.4.4 Statistical analysis tools used 1.4.5 Period of study . . . . . . . . 1.4.6 Hypothesis . . . . . . . . . . . 1.4.7 Scope of study . . . . . . . . 1.4.8 Limitation of study . . . . . . 1.5 Chapterisation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2 2 3 5 7 8 9 9 10 12 14 14 14 15 15 15 16 17 17 2 Literature review 18 2.1 Marketing mix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 2.2 Market segmentation . . . . . . . . . . . . . . . . . . . . . . . . . . 19 iii
  • 7. 2.2.1 Geographical segmentation . . . . . . . . . . . . . . . 2.2.2 Demographic segmentation . . . . . . . . . . . . . . . 2.2.3 Psychographic segmentation . . . . . . . . . . . . . . 2.2.4 Behavioral segmentation . . . . . . . . . . . . . . . . 2.3 Relationship marketing . . . . . . . . . . . . . . . . . . . . . 2.4 Introduction to marketing strategy . . . . . . . . . . . . . . 2.5 Marketing strategy . . . . . . . . . . . . . . . . . . . . . . . 2.5.1 3 Cs of marketing strategy . . . . . . . . . . . . . . . 2.6 Strategic role of marketing . . . . . . . . . . . . . . . . . . . 2.7 Elements of marketing strategy . . . . . . . . . . . . . . . . 2.8 Types of marketing strategy . . . . . . . . . . . . . . . . . . 2.8.1 Position defense . . . . . . . . . . . . . . . . . . . . 2.8.2 Mobile defense . . . . . . . . . . . . . . . . . . . . . 2.8.3 Flank position . . . . . . . . . . . . . . . . . . . . . . 2.8.4 Counter offensive . . . . . . . . . . . . . . . . . . . . 2.8.5 Preemptive defense . . . . . . . . . . . . . . . . . . . 2.8.6 Contraction defense . . . . . . . . . . . . . . . . . . . 2.9 Marketing strategy formulation . . . . . . . . . . . . . . . . 2.10 Marketing strategy implementation . . . . . . . . . . . . . . 2.10.1 Management involvement in strategy implementation 2.10.2 8S framework of strategy implementation . . . . . . . 2.11 Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 20 20 20 21 21 22 23 23 25 26 26 26 27 27 27 27 28 29 29 30 31 3 Data Collection and Analysis 3.1 Percentage Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.1.1 Gender wise classification . . . . . . . . . . . . . . . . . . . 3.1.2 Age wise classification . . . . . . . . . . . . . . . . . . . . . 3.1.3 Qualification wise classification . . . . . . . . . . . . . . . . 3.1.4 Experience wise classification . . . . . . . . . . . . . . . . . 3.1.5 Income wise classification . . . . . . . . . . . . . . . . . . . 3.1.6 About the clarity in communication . . . . . . . . . . . . . . 3.1.7 Usage of brand identity . . . . . . . . . . . . . . . . . . . . . 3.1.8 Awareness about profitable customers . . . . . . . . . . . . . 3.1.9 Awareness about customers changing buying behavior . . . . 3.1.10 Opinion on up-selling and cross selling . . . . . . . . . . . . 3.1.11 Key marketing messages that is consistently delivered in media 3.1.12 Experience customers have while interacting with employees 33 33 34 35 36 37 38 39 40 41 42 43 44 45 iv . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  • 8. 3.2 3.3 3.4 3.1.13 Targeting of messages to specific market segments . 3.1.14 Opinion on shifting marketing to new channels . . . . 3.1.15 Opinion on maximizing the value . . . . . . . . . . . 3.1.16 Opinion on marketing tactics . . . . . . . . . . . . . 3.1.17 Integration of social media into traditional marketing 3.1.18 Opinion on creativity used . . . . . . . . . . . . . . . 3.1.19 Clarity of marketing materials used . . . . . . . . . . 3.1.20 Resonance of offers . . . . . . . . . . . . . . . . . . . 3.1.21 Effectiveness of offers . . . . . . . . . . . . . . . . . . 3.1.22 Role of offers in the product value . . . . . . . . . . . 3.1.23 Sales brochure attributes . . . . . . . . . . . . . . . . 3.1.24 Integration of sales tools . . . . . . . . . . . . . . . . 3.1.25 About the need of new tools . . . . . . . . . . . . . . 3.1.26 About the capturing of customer and prospect data . 3.1.27 About the compiling of email address . . . . . . . . . 3.1.28 About the website . . . . . . . . . . . . . . . . . . . 3.1.29 SEO of website . . . . . . . . . . . . . . . . . . . . . 3.1.30 Focusing of marketing campaigns . . . . . . . . . . . Chi Square test . . . . . . . . . . . . . . . . . . . . . . . . . 3.2.1 Test of independence . . . . . . . . . . . . . . . . . . 3.2.2 Test of Goodness of Fit . . . . . . . . . . . . . . . . . Correlation Coefficient . . . . . . . . . . . . . . . . . . . . . Weighted Average Method . . . . . . . . . . . . . . . . . . . 4 Findings and Suggestions 4.1 Findings . . . . . . . . . . . . . . . . . . . . . . 4.1.1 Demographic profile . . . . . . . . . . . 4.1.2 Findings related to marketing strategies 4.2 Suggestions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 64 67 69 71 . . . . 73 73 73 73 77 5 Conclusions 81 References 83 v
  • 9. List of Tables Table Page 1.1 Industry profile . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 3.10 3.11 3.12 3.13 3.14 3.15 3.16 3.17 3.18 3.19 3.20 3.21 3.22 3.23 3.24 3.25 3.26 3.27 3.28 3.29 3.30 3.31 3.32 3.33 Gender wise classification . . . . . . . . . . . . . . . . . . . . Age wise classification . . . . . . . . . . . . . . . . . . . . . . Qualification wise classification . . . . . . . . . . . . . . . . . Experience wise classification . . . . . . . . . . . . . . . . . . Income wise classification . . . . . . . . . . . . . . . . . . . . . About the clarity in communication . . . . . . . . . . . . . . . Usage of brand identity . . . . . . . . . . . . . . . . . . . . . . Awareness about profitable customers . . . . . . . . . . . . . . Awareness about customers changing buying behavior . . . . . Opinion on up-selling and cross selling . . . . . . . . . . . . . Key marketing messages that is consistently delivered in media Experience customers have while interacting with employees . Targeting of messages to specific market segments . . . . . . . Opinion on shifting marketing to new channels . . . . . . . . . Opinion on maximizing the value . . . . . . . . . . . . . . . . Opinion on marketing tactics . . . . . . . . . . . . . . . . . . Integration of social media into traditional marketing . . . . . Opinion on creativity used . . . . . . . . . . . . . . . . . . . . Clarity of marketing materials used . . . . . . . . . . . . . . . Resonance of offers . . . . . . . . . . . . . . . . . . . . . . . . Effectiveness of offers . . . . . . . . . . . . . . . . . . . . . . . Role of offers in the product value . . . . . . . . . . . . . . . . Sales brochure attributes . . . . . . . . . . . . . . . . . . . . . Integration of sales tools . . . . . . . . . . . . . . . . . . . . . About the need of new tools . . . . . . . . . . . . . . . . . . . About the capturing of customer and prospect data . . . . . . About the compiling of email address . . . . . . . . . . . . . . About the website . . . . . . . . . . . . . . . . . . . . . . . . SEO of website . . . . . . . . . . . . . . . . . . . . . . . . . . Focusing of marketing campaigns . . . . . . . . . . . . . . . . Contingency Table . . . . . . . . . . . . . . . . . . . . . . . . Observation Table for Hypothesi 1 . . . . . . . . . . . . . . . . Analysis Table . . . . . . . . . . . . . . . . . . . . . . . . . . . vi . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 67
  • 10. 3.34 3.35 3.36 3.37 χ2 goodness-of-fit test for observed counts in Observation Table . . . . . . . . . . . . . . . Attribute Response Table . . . . . . . . . . Weighted Average of Attributes . . . . . . . vii variable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68 70 71 72
  • 11. List of Figures Figure 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 3.10 3.11 3.12 3.13 3.14 3.15 3.16 3.17 3.18 3.19 3.20 3.21 3.22 3.23 3.24 3.25 3.26 3.27 3.28 3.29 3.30 3.31 3.32 Page Gender wise classification . . . . . . . . . . . . . . . . . . . Age wise classification . . . . . . . . . . . . . . . . . . . . . Qualification wise classification . . . . . . . . . . . . . . . . Experience wise classification . . . . . . . . . . . . . . . . . Income wise classification . . . . . . . . . . . . . . . . . . . . About the clarity in communication . . . . . . . . . . . . . . Usage of brand identity . . . . . . . . . . . . . . . . . . . . . Awareness about profitable customers . . . . . . . . . . . . . Awareness about customers changing buying behavior . . . . Opinion on up-selling and cross selling . . . . . . . . . . . . Key marketing messages . . . . . . . . . . . . . . . . . . . . Experience customers have while interacting with employees Targeting of messages to specific market segments . . . . . . Opinion on shifting marketing to new channels . . . . . . . . Opinion on maximizing the value . . . . . . . . . . . . . . . Opinion on marketing tactics . . . . . . . . . . . . . . . . . Integration of social media into traditional marketing . . . . Opinion on creativity used . . . . . . . . . . . . . . . . . . . Clarity of marketing materials used . . . . . . . . . . . . . . Resonance of offers . . . . . . . . . . . . . . . . . . . . . . . Effectiveness of offers . . . . . . . . . . . . . . . . . . . . . . Role of offers in the product value . . . . . . . . . . . . . . . Sales brochure attributes . . . . . . . . . . . . . . . . . . . . Integration of sales tools . . . . . . . . . . . . . . . . . . . . About the need of new tools . . . . . . . . . . . . . . . . . . About the capturing of customer and prospect data . . . . . About the compiling of email address . . . . . . . . . . . . . About the website . . . . . . . . . . . . . . . . . . . . . . . SEO of website . . . . . . . . . . . . . . . . . . . . . . . . . Focusing of marketing campaigns . . . . . . . . . . . . . . . Chart of observed and expected values . . . . . . . . . . . . Chart of contribution to chi-square value by category . . . . viii . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 66 69
  • 12. Chapter 1 Introduction There are numerous definitions for marketing and what constitutes a marketing strategy. Often marketing is thought of only as the promotion of products, especially advertising and branding. However, marketing has a wider meaning which recognizes that it is customer centered. A marketing strategy is the business approach to promote its products and services expressed in broad terms. A marketing strategy, in turn, forms the basis of the marketing plan. The marketing plan contains the set of specific activities required to successfully implement a marketing strategy. Marketing strategies serve as the fundamental underpinning of marketing plans designed to fill market needs and reach marketing objectives. Plans and objectives are generally tested for measurable results. Commonly, marketing strategies are developed as multi-year plans, with a tactical plan detailing specific actions to be accomplished in the current year. Marketing strategies are dynamic and interactive. They are partially planned and partially unplanned. Marketing strategy involves careful scanning of the internal and external environments. Internal environmental factors include the marketing mix, plus performance analysis and strategic constraints. External environmental factors include customer analysis, competitor analysis, target market analysis, as well as evaluation of any elements of the technological, economic, cultural or political/legal environment likely to impact success. Once a thorough environmental scan is complete, a strategic plan can be constructed to identify business alternatives, establish challenging goals, determine the optimal marketing mix to attain these goals, and detail implementation.
  • 13. A final step is to create a plan to monitor the progress and to set alternative plans if a problem arises during the implementation of the plan. 1.1 Background of the problem KTDC has been playing a key role in the development of infrastructure facilities required by the rapidly growing tourist traffic into the State of Kerala and has been the prime mover in the progressive development, promotion and expansion of tourism in the State. Apart from developing the largest hotel chain in Kerala, KTDC offers tourism related facilities like conducted tours, boating, tourist reception centers, centralized/online reservations, conventional services, customized tour packages etc. KTDC uses marketing campaigns, brochures, social media marketing etc to market its products. KTDC also gives training to employees so that a standardized service is given for its customers. This is done as a part of internal marketing. KTDC uses a marketing strategy which is distinctive from its competitors. But how far the marketing strategy is effective is uncertain. This project evaluates the efficacy of marketing strategy of KTDC and thereby suggesting a suitable marketing plan. 1.2 Industry profile Tourism is considered as an agent of social change bridging gaps among nations, regions and people and helping them to open up. It is a promoter of development- material and spiritual both at macro and micro level. The World Tourism Organization defines tourists as people traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure, business and other purposes. Table 1.1: Industry profile Output per annum Increased 7 % per annum Percentage in world market 6.5% share Market Capitalization 6.23% of GDP Tourism is important, and in some cases, vital for many countries. It was recognized in the Manila Declaration on World Tourism of 1980 as an activity essential to the life of nations because of its direct effects on the social, cultural, 2
  • 14. educational, and economic sectors of national societies and on their international relations. Tourism brings in large amounts of income in payment for goods and services available, accounting for 30% of the world’s exports of services, and 6% of overall exports of goods and services. It also creates opportunities for employment in the service sector of the economy, associated with tourism. These service industries include transportation services, such as airlines, cruise ships, and taxicabs; hospitality services, such as accommodations, including hotels and resorts; and entertainment venues, such as amusement parks, casinos, shopping malls, music venues, and theaters. 1.2.1 Tourism in India India is the second-fastest growing tourism market in the world. Tourism in India is the largest service industry contributing up to 6.23 per cent to the National Gross Domestic Product (GDP) and providing 8.78 per cent of the total employment opportunity in India. It is also the second largest sector in country providing employment opportunities for low skilled people. India’s travel and tourism industry is one of the most profitable industries in the country. It is also credited with contributing a substantial amount of foreign exchange to the exchequer. Indian is a land of vast tourism opportunities as it is comprised of different cultures, traditions, festivals, and places of interest. The country is one of the favorite tourist destinations around the world, according to world travel and tourism Council (WTTC). Further, the Travel and Tourism Competitiveness Report by World Economic Forum, has ranked India at the sixth place in tourism and hospitality. India provides the facility to Tourists of international origin to understand and experience cultural diversity of the country. According to Indian official estimates the tourism in India has outperformed the global tourism industry in accordance with the growth, volume of foreign tourists & even the revenue. India witnesses about more than 5 million annual foreign tourist arrivals and 562 million domestic tourism visits. Indian Tourism Industry generated about US$100 billion in 2008 which is expected to increase to US$275.5 billion by 2018 at a 9.4% annual growth rate. The Campaign of ”Incredible India” is developed by the Ministry of Tourism is used for the promotion of tourism in India. 3
  • 15. Tourism products offered by India 2. 3. 4. 5. 6. 7. 8. 9. 1. Cruise tourism Adventure tourism Medical tourism Wellness tourism Golf tourism Polo tourism Meetings incentives conferences and exhibition Film tourism Eco tourism Domestic media campaigns, international campaigns, national tourism awards, international accolades, participation in travel fairs and exhibition, road shows, food festivals, printing of brochures, outdoor publicity by advertising on taxis, buses, trains, hoardings and billboards are some of the publicity and marketing techniques adopted by Ministry of tourism, Government of India. Each state further has its own publicity and marketing techniques. Eg: Kerala- Gods own country campaign, Madhyapradesh- Hindusthan ki dil dekho campaign etc Role of Ministry of Tourism The Ministry of Tourism plays a crucial role in formulating national policies and programs as well as coordinating and supplementing the efforts of the State/Union Territory Governments and private sector in improving the quality of tourism Industry. As regards the domestic market, the Ministry aims to popularize the culture and natural beauty of different regions, pilgrim sites and various new tourism products. The Ministry has a public sector undertaking namely the India Tourism Development Corporation (ITDC) for carrying out its various functions, along with the following autonomous institutions:1. Indian Institute of Tourism and Travel Management (IITTM) 2. National Institute of Water Sports (NIWS) has merged with IITTM 4
  • 16. 3. National Council for Hotel Management and Catering Technology (NCHMCT) 4. Institutes of Hotel Management (IHM) The foreign direct investments (FDI) of Indian hotel and tourism industry which contributes to the Indian economy inflows are US$ 2.1 billion from April 2000 to March 2010, according to the Department of Industrial Policy and Promotion (DIPP).Indian Export earnings from international visitors and tourism goods are expected to generate US$ 51.4 billion (nominal terms) by 2019. Furthermore, the sector which accounted for 6.4% of total employment in 2009 is estimated to rise to 7.2% of total employment by 2019. Tourism industry in India holds tremendous potential for India’s economy which eventually provide impetus to other industries, create millions of new jobs and generate enough wealth to help pay off the international debt. This is the main reason that today it is included that Tourism is amongst the Core Sectors of the Indian Economy. Indian Tourism Industry has got a major boost because of the booming IT and outsourcing industry with increased number of business trips made by foreigners to India, who will often add a weekend break or longer holiday to their trip. They spend more time here in India than almost any other country worldwide. 1.2.2 Tourism in Kerala Kerala state is considered as one of the ten paradises in the world. In more ways than one, Kerala takes the credit for being the first state in India to comprehend the significance and importance of positioning and branding in the sphere of tourism. From being a non entity in the mid 1980s, Kerala today has evolved into an Indian tourisms superbrand and the countrys most premium holiday destination. Keralas worldwide success represents the triumph of vision, professionalism and public private partnerships in the volatile and turbulent world of tourism. Brief history Kerala initiated tourism development programmes by establishing an international beach resort at Kovalam in 1976 with the patronage of the central government. Realizing the economic potentials, Government of Kerala declared 5
  • 17. tourism as an industry in 1986. Within a short span of two and half decades, Kerala succeeded in establishing its tourism brand in the international market. The first tourism policy of the state was announced in 1995 underlining the importance of Public Private Partnership. Tourism has come a long way since then, capturing new markets with its innovative products and marketing strategies. From hardly 50000 foreign tourist arrivals and 0.13 billion rupees as foreign exchange in 1986, it has reached a status of 0.6 million foreign tourist arrivals and 37.97 billion rupees as foreign exchange in 2010. Total employment generated from tourism is estimated as 1.2 million. Tourism development organisations The flagship of tourism industry in Kerala is Department of tourism, Government of Kerala. Kerala Tourism Development corporation (KTDC), Bekal Resorts Development Corporation (BRDC), Tourists Resorts Kerala Ltd (TRKL), District Tourism Promotion Council (DTPC), Kerala Institute of Travel and Tourism Management Studies (KITTS), Kerala Institute of Hospitality Management Studies (KIHMS), Thenmala EcoTourism Development Agency and a host of Government Departments such as forest and wildlife, irrigation, museum, zoo and archaeology are other important state sponsored institutions which play key role in Tourism sector of Kerala. Besides there are numerous agencies working in the semigovernment and private sectors for the promotion of Kerala Tourism. Role of KTDC in tourism development KTDC plays a prominent role in tourism sector of Kerala. Kerala had been an unknown destination till 1980s. The aggressive marketing of KTDC laid foundation for growth of tourism industry and transformed Kerala into one of niche holiday destination. The tag line Kerala Gods own country used in its promotions became a global super brand. Gods own country is perhaps the most powerful positioning statement for an Indian destination. Kerala started aggressive print campaign in the late 1980s. The turning point however happened when National geographic Traveller, after expensive research spanning two years, brought out a special issue on the 50 destinations of a 6
  • 18. lifetime the only destination that featured from India was Kerala. The first ever television commercial done by tourism board in India, captured the magic of Kerala and differentiated it from other states. Kerala also became the first tourism board in India to venture advertising on internet. Tourist season of Kerala starts from September to May. Kerala is famous for beaches, backwaters, mountain ranges, wildlife sanctuaries, hill stations, ayurveda, culture, art forms, festivals etc. Kerala has also launched shopping festivals, the first biennale in India, International coir fest etc as an innovative method to get more publicity. State promotes ecologically sustained tourism, which focuses on the local culture, wilderness adventures, volunteering and personal growth of the local population. Efforts are taken to minimize the adverse effects of traditional tourism on the natural environment, and enhance the cultural integrity of local people. Kerala has set an example for other Indian states by pursuing a visionary approach in tourism; by pushing doors open rather than waiting for the doors to open, by being truly authentic in the experience it offers, by building relationships worldwide and by thinking globally and acting locally. 1.3 Introduction to the company KTDC Hotels and Resorts Limited (KTDC) was incorporated on 29 December 1965 as a private limited company with its registered corporate office situated at Mascot square, Trivandrum. The initial name of the company was Kerala Tourist and Handicrafts Corporation Private Limited. It was then changed as Kerala Tourism Development Corporation Limited from 15 July 1970 and later as KTDC Hotels and Resorts Limited from 07 October 2010 and now it is KTDC. KTDC has been playing a key role in the development of infrastructure facilities required by the rapidly growing tourist traffic into the State of Kerala and has been the prime mover in the progressive development, promotion and expansion of tourism in the State. Apart from developing the largest hotel chain in Kerala, KTDC offers tourism related facilities like conducted tours, boating, tourist reception centers, centralized/online reservations, conventional services, customized tour packages etc. KTDC, the states premier destination developer, owns over 60 properties 7
  • 19. ranging from luxury hotels to budget hotels and motels, Yatri Nivases and restaurants, KTDC aptly qualifies as the official host to Gods own Country. The premium properties of this largest hotel chain in the state are located in the most picturesque theme destinations of Kerala. KTDC also offers Ayurveda centres, cultural entertainment and the best of Keralas cuisine at all its major establishments. KTDC offers comprehensive holiday package Exclusive Escapades offers holiday packages that are set in the premium properties of KTDC. As a pioneering tourism development corporation, KTDC has also introduced innovative concepts like insured holiday and rail holidays, which provide a complete Kerala package. Kerala Tourism Development Corporation (KTDC) is the most successful public sector undertaking The KTDC group of hotels has already stamped the power in term of quality, marketing and hospitality. Even at the time of recession, Kerala though showed a dim effect in the Kerala tourism field but where far ahead when compared to other state, KTDC too showed the growth and from then on there was no look back. KTDC, the largest hotel chain which includes a range of luxury and economy resorts, hotels, and motels located in the heart of some of Keralas most acclaimed destinations. The company aims to be the major player in development of tourism infrastructure in the state. It provides elegant accommodation and better quality services in KTDC hotels and restaurants. It tries to achieve high levels of productivity of employees by better training, motivation and HRD techniques. It also promotes ecofriendly and sustainable tourism and also tourism products. The company primarily focuses on building up capacities to handle increasing flow of tourists into Kerala in a planned manner. The brands and products of the company include heritage hotels, premium hotels, Tamarind easy hotels, motels, restaurants, central reservation centre, shopping complex and water sports. Beer parlors are on lease basis. KTDC has 3 regional offices north Calicut, central Kochi and south Trivandrum. 1.3.1 Mission To provide leadership and play a catalytic role in the development of tourism infrastructure in the State and to achieve excellence in strategic business opera- 8
  • 20. tions through professionalism, efficiency, value for money and customer satisfaction. 1.3.2 Vision To make KTDC the official host to Gods own country, the best service provider in the hospitality industry with basic infrastructure and state-of-the-art facilities, focusing on environment conservation and preservation, adding impetus to local supplies and human resources and thereby positioning as a Premier PSU in the hospitality sector in Kerala. 1.3.3 Key objectives 1) To be a major player in the development of tourism infrastructure in the State. 2) To treat the tourists as our Guests (Adhidhi Devo Bhava) and ensure customer delight by providing value for money. 3) To provide elegant accommodation and better quality services in KTDC Hotels and Restaurants. 4) To function as an efficient corporate house with improved productivity levels and profit margins. 5) Achieve high levels of productivity of its employees by way of better training, motivation and HRD techniques. 6) To empower the host population through responsible tourism. 7) To promote and market our products at National and International level and thereby making Kerala as a premier Global tourism destination. 8) To promote sustainable and eco-friendly tourism in the state based on the carrying capacity of the destinations. 9) To conserve, preserve the art, culture and heritage of the State. 9
  • 21. 10) To promote new innovative tourism products, lesser-known destinations. 11) To provide transport, entertainment, shopping, convention and recreational services. 12) To render consultancy and managerial services in the hospitality industry. 13) To undertake pioneering efforts for destination development. 14) To play an active role in association with the State Tourism Department/Directorate in conceptualizing and execution of tourism projects, publicity, promotion and training. 1.3.4 Brands and products Heritage Hotels 1. Lake Palace, Thekkady. 2. Bolgatty Palace, Kochi. 1. 2. 3. 4. 5. 6. 7. Premium Hotels Mascot Hotel, Thiruvanathapuram. Hotel Samudra, Kovalam. Waterscapes, Kumarakom. Aranya Nivas, Thekkady. Tea County, Munnar. Bolgatty Island Resort, Kochi. Marina House, Kochi. 1. 2. 3. 4. 5. 7. Budget Hotels Hotel Chaithram,Thiruvananthapuram. Periyar House, Thekkady. Garden House, Malampuzha. Nandanam, Guruvayoor. Mangalya, Guruvayoor. Pepper Grove, Sulthan Bathery. 10
  • 22. 8.Golden Peak, Ponmudi Tamarind Easy Hotels 1. Tamarind Easy Hotel, Neyyardam. 2. Tamarind Easy Hotel, Kollam. 3. Tamarind Easy Hotel, Changanasery. 4. Tamarind Easy Hotel, Alappuzha. 5 Tamarind Easy Hotel, Peermade. 6. Tamarind Easy Hotel, Thrissur. 7. Tamarind Easy Hotel, Guruvayoor. 8. Tamarind Easy Hotel, Mannarkadu. 9 . Tamarind Easy Hotel, Nilambur. 10. Tamarind Easy Hotel, Kondotty. 11. Tamarind Easy Hotel, Thirunelly. 12. Tamarind Easy Hotel, Kannur. 13. Tamarind Easy Hotel, Parasinikkadavu Motels 1. Motel Araam, Kottarakkara. 2. Motel Araam, Palaruvi. 3. Motel Araam, Punalur. 4. Motel Araam, Kayamkulam. 5. Motel Araam, Alappuzha. 6. Motel Araam, Vaikom. 7. Motel Araam, Athirappally. 8. Motel Araam, Erumayur. 9. Motel Araam, Vadakara. 10. Motel Araam, Kuttipuram. 11. Motel Araam, Kannur. Restaurants 1. KTDC Restaurant, Veli, Thiruvananthapuram. 2. KTDC Restaurant, Museum, Thiruvananthapuram. 3. Anantha Restaurant, New Delhi. Others 1. Central Reservation Centre,Thiruvananthapuram. 11
  • 23. 2. 3. 5. 6. Tourist Reception Centre,Thiruvananthapuram. Tourist reception Centre, Ernakulam. Shopping Complex, Shanmugam Road, Ernakulam. Watersports, Veli. Others on lease basis Budget Hotel 1. Malabar Mansion, Kozhikode. Restaurant & Beer Parlours 1. Karamana, Thiruvananthapuram. 2. Peyad, Thiruvananthapuram. 3. Statue, Thiruvananthapuram. 4. Balaramapuram. 5. Kazhakuttam. 6. Varkala. 7. Attingal. 8. Harippad. 9. Karukachal 10. Muvattupuzha. 11. Kanjikode, Palakkad. 12. Kozhinjampara, Palakkad. 13. Ramanattukara. 14. Changaramkulam. 15. Koyilandy. 16. Payyannur. 17. Kanhangad, Kazarcode. 18. Kannur. 1.4 Research methodology While conducting a research there are two ways of approaching the same. They are 1) Qualitative research method 12
  • 24. 2) Quantitative research method. Quantitative research method Quantitative research method emphasizes quantification in the collection and analysis of the information. The aim is to gather numerical evidence where conclusions can be drawn from or they can be used to test hypotheses. In order to get reliable results it is necessary to study relatively large sample group and use a computer to analyze the collected information. The information is derived from questionnaire surveys, secondary sources and from observation involving counts. Qualitative research method Qualitative research method on the contrary does not involve numerical data but emphasizes words rather than numbers. This method uses only a small sample group; the primary information is gathered from a small number of people. The information gathered cannot usually be presented in numerical form. This research method is used when a full understanding of the sample group is required. The information is derived from observation, informal and in-depth interviewing and participant observation. A description of research plan for the present study is discussed as under: A study on internal perspective of marketing strategies implemented by KTDC was conducted at KTDC situated in Trivandrum and the study covers the marketing department which has a major role in designing and executing marketing strategies. The means of collecting data is through secondary and primary data collection methods. Primary data was collected from the organisation through personnel visit, questionnaire, interviews and discussions with important executives and staff members of various departments. The variables used in the questionnaire includes brand, market, messages, marketing channels, marketing tactics, creative approches, offers, sales tools and website.This helped to give an overall view of marketing activities carried out in KTDC. The secondary data have been obtained from company website, brochures etc.The brief history of KTDc, its functions, products offered and strategic intent of company was obtained from company website. 13
  • 25. 1.4.1 Objectives of study KTDC uses a marketing strategy to differentiate it from its competitors, but how far it is effective is uncertain. The objective of the study are . . . 1. To evaluate the marketing strategy of KTDC 2. To find out the marketing policy adopted by KTDC 3. To examine the marketing policy related to promotional activities of KTDC 4. To find out the threat involved in marketing policy of KTDC 5. To suggest suitable marketing policy 1.4.2 Research design A research design is a master plan, which specifies various methods and procedure for collecting and analysing the needed information. Descriptive research design is followed. Sample size : 50 Sampling method: Simple random sampling Sampling unit: Managers and officers of various departments in KTDC Nature of data: Primary & secondary data Place of study: KTDC hotels & resorts Ltd, Trivandrum 1.4.3 Sources of data The sources of data include primary and secondary. Primary data The primary data was collected by means of a survey. Questionnaires were prepared and given to executives and staffs of various departments. The questionnaire contains 25 questions which covers various aspects of marketing strategy like brand, market, messages, marketing channels, marketing tactics, creative approaches, offers, sales tools, data and website. The response of the sample was recorded on a grade scale of strongly agree, agree, neutral, disagree and strongly disagree for each question. The filled up information was later analyzed to obtain the interpretations and the findings. 14
  • 26. Secondary data The data was collected from websites, journals, reference books, company records and brochures. 1.4.4 Statistical analysis tools used The various statistical tools used for the analysis and interpretation of the data are 1) Percentage analysis 2) Chi square test 3) Correlation analysis 4) Weighted average method. 1.4.5 Period of study The study was conducted over a period of one month from 11 March 2013 to 11 April 2013. 1.4.6 Hypothesis Hypothesis 1 H0: There is no significant difference between the efficiency of marketing channels and marketing strategies of KTDC H1: There is significant difference between the efficiency of marketing channels and marketing strategies of KTDC Hypothesis 2 H0: There is no significant difference between gender and opinion about marketing strategies of KTDC 15
  • 27. H1: There is significant difference between gender and opinion about marketing strategies of KTDC Hypothesis 3 H0: There is no significant difference between marketing tools and marketing strategies adopted by KTDC H1: There is significant difference between marketing tools and marketing strategies adopted by KTDC Hypothesis 4 H0: There is no association between the opinion about integrating social media into traditional marketing tactics like direct mail and advertising H1: There is association between the opinion about integrating social media into traditional marketing tactics like direct mail and advertising Hypothesis 5 H0: There is no association between the opinion that sales tools are integrated with brand and marketing campaigns H1: There is association between the opinion that sales tools are integrated with brand and marketing campaigns 1.4.7 Scope of study In every company, the preparation of a marketing plan is vital for monitoring and tracking of the companys marketing strategies for a certain product or service. The marketing plan helps to monitor the progress of marketing strategy that is being implemented. Analysis of marketing strategy helps to find out major competitors, which would enable the firm to offer its appropriately designed marketing mix and thereby achieving firms objective. A well defined marketing strategy can clearly describe which market segments to serve and which to exclude, what product to serve and what not to serve. So the marketing strategy have vital role in the success of an organisation. 16
  • 28. KTDC has a significant role in the growth of Kerala tourism industry by formulating effective marketing strategies. This study will evaluate the marketing strategies implemented in KTDC, to find out the various marketing policies used by them, to know its effectiveness and to suggest suitable policy for the company. 1.4.8 Limitation of study 1.The time frame given for the study is limited. 2.The study is based on qualitative analysis and hence results may be bi- ased. 3.Detailed information about the company was not be provided, in order to keep secrecy of company policies 1.5 Chapterisation Chapter 1 discuss about the background of problem, industry profile, company profile, research objectives, research methodology, scope and limitation of study. Chapter 2 gives in depth information about the literature reviewed for the study. In Chapter 2 the topics discussed include marketing, marketing mix, marketing segmentation, relationship marketing, marketing strategy, strategic role of marketing, elements of marketing strategy, types of marketing strategy, marketing strategy formulation and marketing strategy implementation. Chapter 3 presents the data collection and analysis. The statistical tools used include Chi square, Percentage analysis, Correlation coefficient and Weighted average method. Chapter 4 presents the findings and suggestions of the study. Chapter 5 gives a brief conclusion of the project. 17
  • 29. Chapter 2 Literature review Marketing is often thought to be only selling and advertising. However, marketing consists of many other functions that can be seen far more important than just the exchange of goods (Kotler, 1997). The American Marketing Association defines marketing as follows: Marketing is the activity, set of institutions, and processes for creating, communicating, delivering and exchanging offerings that have value for customers, clients, partners and society at large. Today, more than ever, marketing has put emphasis on satisfying the customer needs. The customer tends to make decisions on buying a product or a service based on their perception of the value and satisfaction that the product or service delivers. From the companys point of view the goal of marketing is to first build and then manage profitable customer relationships. In order to achieve this it is not enough only to first market the product and then sell it but make sure that the product being sold will meet the standards and be enough to fulfill the customers expectations. Therefore the company must be aware and understand their customers; their needs, wants and demands. That is why many companies put a lot of effort and money into making different kinds of customer surveys analyzing their customers behavior and learning about the different way of delivering the superior customer value and satisfaction(Kotler, 1997)
  • 30. 2.1 Marketing mix The marketing mix is one of the major concepts in modern marketing and is often brought up in general discussions of marketing. Marketing mix is a set of marketing tools that a company uses to pursue its marketing objectives in the target market. When a company is making decisions on marketing they generally fall into four controllable categories known as the 4 Ps: product, price, place and promotion(Kotler, 1997). 2.2 Market segmentation In marketing it is almost impossible to succeed by handling all the consumers as a big one size fits for all mass. Market segmentation recognizes that people differ in many ways like in their needs, attitudes and lifestyles. Through market segmentation companies divide their market into smaller segments. All of the segments have specific needs and by dividing the market those needs can be met more efficiently with products and services that match their unique needs. Choosing the right target market is essential and often not that easy. When defining a target market for a product there should be three separate levels. The first level consists of consumers that are willing to buy and who also have the best premises to buy. The second level consists of consumers who have the premises to buy but not necessarily the desire. The third level consists of consumers who are not able to buy but who should be monitored in case there is a change in their buying readiness (Kotler, 1997). There are many ways to segment a market. Different segmentation variables are used, both alone and together, in order to classify consumers into different segments. Kotler defines four major variables that are generally used in marketing; geographic, demographic, psychographic and behavioral variables. 2.2.1 Geographical segmentation Geographical segmentation divides the market into different geographical units such as cities, regions, countries or climate and population density. By this way when a company is deciding which units to operate and market, they can pay 19
  • 31. attention to geographical differences in needs and wants. For example a major clothing store chain can pay attention to their selection in stores in northern areas where it is colder and the need for warmer clothes is greater than in areas located more south(Kotler, 1997) 2.2.2 Demographic segmentation Demographic segmentation consists of dividing the market into groups based on variables such as age, gender, family size, income, occupation, education, religion, race and nationality. Demographic factors are the most popular bases for segmenting customer groups. This is partly because customer wants are closely linked to variables such as income and age. Also, for practical reasons, there is often much more data available to help with the demographic segmentation process (Kotler, 1997). 2.2.3 Psychographic segmentation Psychographic segmentation divides the market into different groups based on social class, lifestyle or personality characteristics. People can be in the same geographical segment meaning that they may for example live in the same city; they can even be of same age. But one may be a student and another a worker. This affects their lifestyles greatly and therefore also has an effect on the buying behaviors of the people (Kotler, 1997). 2.2.4 Behavioral segmentation Behavioral segmentation divides buyers into groups based on their knowledge, attitudes, uses and responses to a product. Behavioral segmentation has the advantage of using variables that are closely related to the product itself. When a company knows when and why customers are buying their products, they can link their marketing to that. For example some holidays like on Valentines Day or at Christmas people tend to buy certain things related to the occasion; many companies prepare special offers and advertisements for those holiday occasions.(Kotler, 1997) 20
  • 32. 2.3 Relationship marketing Relationship marketing is a form of marketing that emphasizes customer retention and satisfaction. It switches the focus from the recruitment of new customer to the retention and recovery of existing ones. Relationship marketing differs from other forms of marketing in that it recognizes the long-term value of customer relationships and extends communication. The world of marketing today is more customer-centered. As companies must compete in a more competitive marketplace they have to know their customers? needs and wants in order to get new customers, then keep and grow them by delivering greater value for them (Piercy and Nigel, 2000) When planning g a relationship marketing strategy one must take into account that not all customers want a relationship with the company. That is why it must be carefully considered which types of customers are usually more likely to repeat their visit in a hotel or a restaurant. Some customers are aware of the wide choice of competitor products and services and do not want to limit their options and tie themselves only to one company but prefer to switch their custom accordingly. Other customers are not interested in any type of relationship with any company; they simply look at the best quality, value and convenience available at the time of purchase (Davis, 2007). 2.4 Introduction to marketing strategy Marketing strategy includes all basic and long-term activities in the field of marketing. It deals with the analysis of the strategic initial situation of a company, the formulation, evaluation and selection of market-oriented strategies. Therefore it contributes to the goals of the company and its marketing objectives. Strategic planning is a process of developing and maintaining a link between the organizations goals and capabilities and its changing marketing opportunities. The marketing strategy is shaped by the overall business goals meaning that it broadly explains what actions are required to achieve the goals and objectives. The marketing strategy can be thought of as a game plan that outlines, often in a list form factors such as the target market, positioning, distribution channels, price, advertising and possible research and development. 21
  • 33. 2.5 Marketing strategy According to (Kotler, 1997) The marketing strategy is the way in which the marketing function organises its activities to achieve a profitable growth in sales at a marketing mix level. A marketing strategy may be defined as a plan (usually long term) to achieve the organisations objectives as follows... a) By specifying what resources should be allocated to marketing. b) By specifying how these resources should be used to take advantage of opportunities which are expected to arise in the future. A marketing strategy would consist of the following: a. Identifying markets and customers needs in those markets. b. Planning products which will satisfy the needs of these markets. c. Organising marketing resources , so as to match products with customers in the most efficient and effective way possible, ie, so as to maximise customer satisfaction and the organisations profits or sales revenue (or whatever its objectives are at the same time). Choosing the right target market is essential and often not that easy. When defining a target market for a product there should be three separate levels. The first level consists of consumers that are willing to buy and who also have the best premises to buy. The second level consists of consumers who have the premises to buy but not necessarily the desire. The third level consists of consumers who are not able to buy but who should be monitored in case there is a change in their buying readiness (Kotler, 1997). Positioning is the act of designing the companys offering so that the services and products are based on some core idea or benefit. Its meaning is to create a competitive angle toward the competitors so the positioning of a product can be based for example on the best or quickest service, accessibility or affordability. This way the product occupies a clear, distinctive and desirable place relative to competing products in the minds of the target customers. 22
  • 34. Marketing strategy is mainly indicated by the marketing objectives, customer and competitive perspectives and product/market momentum ( i.e. extrapolation of past performance to the future). This forms the basis of marketing strategy. Marketing strategy is developed at the business unit level (Kotler, 1997). 2.5.1 3 Cs of marketing strategy Within a given environment, marketing strategy deals essentially with the interplay of three forces known as the strategic 3 Cs namely the Customer, the Competition and the Corporation (Davis, 2007). A good marketing strategy should be characterized by a) clear market definition b) a good match between corporate strengths and the needs of the market c) superior performance, relative to the competition, in the key success factors of the business. Marketing strategy, in terms of these key constituents, must be defined as an endeavour by a corporation to differentiate itself positively from its competitors, using its relative corporate strengths to better satisfy customer needs in a given environmental setting. Based on the interplay of the strategic three Cs, formation of marketing strategy requires the following 3 decisions: 1. Where to compete. (definition of the market). One or various segments. 2. How to compete, that is, it requires a means for competing . 3. When to compete, that is, it requires timing of market entry (Lambin and Jean-Jacques, 2000). 2.6 Strategic role of marketing In its strategic role, marketing focuses on a business intentions in a market and the means and timing of realizing those intentions. The strategic role of mar23
  • 35. keting is quite different from marketing management which deals with developing, implementing and directing programs to achieve designated intentions. To clearly differentiate between marketing management and marketing in its new role , a term strategic marketing. has been coined to represent the latter (Gale et al., 1980). Strategic marketing is seen as a process consisting of: analyzing environmental, market competitive and business factors affecting the corporation and its business units, identifying market opportunities and threats and forecasting future trends in business areas of interest for the enterprise , and participating in setting objectives and formulating corporate and business unit strategies. It also includes selecting market target strategies for the product markets in each business unit, establishing marketing objectives as well as developing , implementing and managing the marketing program positioning strategies in order to meet market target needs. (Gale et al., 1980) Strategic marketing means looking at the whole of a companys portfolio of products and markets, and managing the portfolio to achieve the companys overall goals (Jain and Girish, 1993) Although definitions for the term vary, (Hamper and Baugh, 1990) define marketing strategy as a consistent, appropriate and feasible set of principles through which a particular company hopes to achieve its longrun customer and profit objectives in a particular competitive environment. The primary purpose of a marketing strategy is to effectively allocate and coordinate marketing resources and activities to accomplish the firms objectives within a specific product market. Therefore decisions about the scope of a marketing strategy involve specifying the target market segment(s) to be pursued and the product line to be offered. Then, firms seek a competitive advantage and synergy, planning a well integrated program of marketing mix elements (Boyd et al., 1998). Marketing strategy creates pathways to a desirable future. The output from such marketing strategy analysis and choice (or strategic marketing decision ) is a marketing strategy statement. The strategic analysis of marketing makes reference to the future situation of products and markets,(Prahalad et al., 2004), that is to say that it tries to guide 24
  • 36. the company by the correct path and where the company should be in the future. It is also important to define clearly what should be interpreted for product and for markets and this is important because marketing strategies are open to interpretations (Piercy and Nigel, 2000). Traditional definitions can be broken by new variables that contribute to redefine markets and products. These variables can be technology, Internet, changing consumers attitudes, social changes, etc.. The term marketing strategy reflects the companys best opinion as to how it can most profitably apply its skills and resources to the marketplace. It is inevitable broad in scope. Marketing strategies are the means by which a company achieves its marketing objectives and are usually concerned with the 4 p’s. (Mcdonald, 1999). 2.7 Elements of marketing strategy A marketing strategy is made of several interrelated elements. The first and most important is market selection which is directly related to choosing the markets to be served(Brown and Sommers, 1982). Product planning includes the specific products the company sells, the makeup of the product line, and the design of individual offerings in the line. Another element is the distribution system: the wholesale and retail channels through which the product moves to the people who ultimately buy it and use it. The overall communications strategy, employs advertising to tell potential customers about the product trough radio, television, direct mail, and public print and personal selling to deploy a sales force to call on potential customers, urge them to buy, and take orders. Finally , pricing, is an important element of any marketing program and is one of the most directed marketing elements in the creation of value for shareholders (Doyle, 2000). The company must set the product prices that different classes of customers will pay and determine the margins or commissions to compensate agents, wholesalers , and retailers for moving to product to ultimate users. The External, market orientation must be kept in mind since the companies are guided to the market in a regular way. Reliable data in the strategic analysis has bigger possibilities of success and bigger chances of optimizing their results.(Aaker, 2004) Other issues to take into consideration and which influence in marketing 25
  • 37. strategies are: the understanding of growth markets and Market Share, managing international realities, implicating empirical research, utilization of methodological developments, for example, portfolio models, experience curves, scenario analysis, market structure analysis and technological forecasting; and finally getting into interdisciplinary developments, including marketing, organizational behaviour, finance and accounting, economics, strategy. (Aaker, 2004) 2.8 Types of marketing strategy (Sahaf, 1993) has mentioned six strategies that can help a leader attain the objective of market share protection. They are 2.8.1 Position defense In this strategy a leader attempts to protect its existing market share through fortification wherein the leader erects barriers around him to stop competitors. The barrier can be in the form of a firms distinctive skills capabilities and marketing assets that not only have greater significance for the customers but also are difficult for the competitors to copy. 2.8.2 Mobile defense This involves constantly shifting resources and developing new strategies and tactics. A mobile defense is intended to create a moving target that is hard to successfully attack, while simultaneously, equipping the defender with a flexible response mechanism should an attack occur. In business this would entail introducing new products, introducing replacement products, modifying existing products, changing market segments, changing target markets, repositioning products, or changing promotional focus. This defense requires a very flexible organization with strong marketing, entrepreneurial, product development, and marketing research skills. 26
  • 38. 2.8.3 Flank position This involves the redeployment of your resources to deter a flanking attack. You protect against potential loss of market share in a segment, by strengthening your competitive position in this segment with new products and other tactics. 2.8.4 Counter offensive Counter offensive defense refers to the response of a market leader to a real attack by a competitor. In fact, these defensive calls for a leader to respond to a competitors head on attack by identifying the attackers weakness and then launch a counter attack. Generally a leader actively responds to any move of his competitors. An effective counterattack is to invade the attackers main territory so that it will have to pull back some troops to defend the territory. Generally counteroffensive defense works when the attacker has become vulnerable as a result of the over stretching of resources. 2.8.5 Preemptive defense A preemptive defense strategy demands to attack potential aggressor before he starts his offence. By pursuing preemptive defense strategy a firm intends to convey let it be known how it will retaliate. Thus such a strategy aims to create a threat which will prevent any potential challenger from attacking in the first place. In business the preemptive defense can involve an actual attack on the competition or merely signalling an intention to fight on a particular front and a willingness to commit the necessary resources to defend against aggression. Product or brand proliferation is a form of preemptive defense. 2.8.6 Contraction defense A contraction defense, or strategic withdrawal, requires giving up untenable ground to reduce over stretching on the core business which can be defended against attack. In fact, such a strategy calls for a withdrawal from the most vulnerable segments and redirect resources to those that are more defendable. 27
  • 39. 2.9 Marketing strategy formulation A company should not only know own company but also the behavior of the competitors potential and the capacity to add and remove it in products, segments, markets, distribution channels, etc. From my point of view one of the clearest indicators that a company thinks, and it acts with mentality of strategic marketing it is the level of depth that makes of its competitors.(Alexander, 1985) (Bantel, 1997) suggests that particular product/market strategies are effective at achieving particular performance goals to the exclusion of others. The synergies between strategy types and implementation capabilities exist and should be exploited.Creating marketing synergy means that you have a marketing plan where each element of your plan complements another. The total effect achieved is greater than the sum of the individual effects. Synergy creates greater power and energizes company’s marketing efforts. According to (Hrebiniak, 2006)) formulating a consistent strategy is a difficult task for any Management team and making that strategy work (implementing it throughout the Organization) is even more difficult. he also pointed out that managers know more about developing a strategy than they do about executing it. One of the basic problems he quote is that managers are trained to plan, not execute plans. Another problem is that some top level managers believe strategy implementation is below them’, something best left to lower level managers. According to (Noble, 1999), a myriad of factors can potentially affect the process by which strategic plans are turned into organizational action. Unlike strategy formulation, strategy implementation is often seen as something of a craft, rather than a science, and its research history has previously been described as fragmented and eclectic. Leadership, and specifically strategic leadership, is widely described as one of the key drivers of effective strategy implementation. However, a lack of leadership, and specifically strategic leadership by the top management of the organisation, has been identified as one of the major barriers to effective strategy implementation. Strategic leadership is defined as the leaders ability to anticipate, envision, and maintain flexibility and to empower others to create strategic change as necessary. Strategic leadership is multi functional, involves managing through others, and helps organisations cope with change that seems to be increasing exponentially in todays globalised business environment. 28
  • 40. 2.10 Marketing strategy implementation Great strategies are worth nothing if they cannot be implemented . Strategy implementation is important but difficult because implementation activities take a longer time frame than formulation, involves more people and greater task complexity, and has a need for sequential and simultaneous thinking on part of implementation managers. Strategy formulation and implementation are complementary and logically distinguishable areas of strategic management and part of the overall process of planning executing and adapting. Good implementation naturally starts with good strategic input: the soup is only as good as the ingredients.Whether a strategy itself is consistent and fitting or not is a key question for successful strategy implementation, but even a consistent strategy cannot be all things to all people. Strategy programs need to be expanded to focus on the implementation process. More attention should be given to breaking down lofty statements into practical, actionable, measurable activities. The language and methods used to implement need to be simplified, and consistently deployed. Success in implementation is critical to validating the investment in strategy in the first place. (Allio, 2005) 2.10.1 Management involvement in strategy implementation (Heracleous, 2000) also finds that if middle management do not think the strategy is the right one, or do not feel that they have the requisite skills to implement it, then they are likely to sabotage its implementation. He refers to groups within the organization who will inevitably disagree with the strategy. These groups may sabotage strategy implementation by deliberate actions or inactions, if implementing the strategy may reduce their power and influence. Thus, Herbaceous also sees the perceived ability and perceived consistency between personal goals and the strategic change goals as the decisive soft factor. (Waldersee and Sheather, 1996) believe that the approach of matching strategy and managers style ignores the causal role of the organizational context or the 29
  • 41. interaction of personality and context on implementation actions. It is widely accepted that different strategies need to be implemented in different ways. Their study demonstrates, at least in a laboratory setting, that strategy plays a significant role in shaping managers intentions. Managers can alter their behaviours to suit different strategy situation. (Kim and Mauborgne, 1991) point out that subsidiary top managers want an open process, that is consistent and fair, and that allows for their input to be heard. In the presence of a so called due (or open) process, subsidiary managers are motivated to implement global strategies. They feel a strong sense of organizational commitment, trust in head office management, and social harmony with their head office counterparts. In the absence of such a due and fair process, the effect may be the opposite from the intended one. (Chimhanzi, 2005) suggests that cross unit working relationships have a key role to play in the successful implementation of marketing decisions. Implementation effectiveness is affected negatively by conflict and positively by communication and specifically, interpersonal, not written. In turn, these interdepartmental dynamics are affected by senior management support, joint reward systems, and informal integration. Firms devoting attention to the alignment of marketing and human resources are able to realize significantly greater successes in their strategy implementation. Specifically, these findings imply that marketing managers should seek to improve the relationship with their HR colleagues by emphasizing two of the process based dimensions: joint reward systems and written communication. (Chimhanzi, 2005) 2.10.2 8S framework of strategy implementation (Higgins, 2005) sets up an 8s framework of strategy implementation, including strategy and purposes structure, resources, shared values, style, staff, systems and processes, and strategic performance. The 8s of strategy execution is an approach that enables senior management to enact, monitor, and assess the cross functional execution of strategies. The 8s of strategy execution are a revision of the original McKinsey 7s model. Higgins has deleted skills from the McKinsey 30
  • 42. framework and he has added resources in their place. He also added strategic performance in order to help focus the strategy execution process. As always, if there isnt a good match or alignment among these factors, performance in strategy implementation will suffer. According to (Jain, 2009): System approach can be defined as, A set of objects together with the relationships among them and their attributes. System approach emphasis on the interrelations and interconnections among the components of a marketing system in which product, services, money, equipment, information etc, flow from marketers to customer. These flows largely determine the survival and growth of a firm. Therefore the focus of system approach is on the analysis of the marketing flows and communication from markers to the customers. 2.11 Summary From this chapter we get a brief idea about all topics discussed in the same. Marketing is important wing of any company. marketing mix help to design an effective product. Market segmentation help to identify the target customers. Relationship marketing mainly focus on building relationship between company and customers. For all entities mentioned here needs an effective marketing strategy. Marketing strategy is a process that can allow an organization to concentrate its resources on the optimal opportunities with the goals of increasing sales and achieving a sustainable competitive advantage. Marketing strategy includes all basic and longterm activities in the field of marketing that deal with the analysis of the strategic initial situation of a company and the formulation, evaluation and selection of market oriented strategies and therefore contributes to the goals of the company and its marketing objectives. A good marketing strategy also defines the reason why it is unique or compelling to buyers. It should explain what is the benefit the consumer gets by purchasing the companys product. It should explain why the customer would want to buy that particular product from the company and not go to some competitor instead. Marketing strategy creates pathways to a desirable future. The output from 31
  • 43. such marketing strategy analysis and choice (or strategic marketing decision) is a marketing strategy statement. There are several elements of marketing strategy which is crucial for its formulation, implementation and evaluation. Even though there are different types of marketing strategy, choosing the best one is vital for the company. 32
  • 44. Chapter 3 Data Collection and Analysis This chapter presents the data collection and analysis.The methodology described in Chapter 1 provided the baseline for data gathering. The presentation of data is systematically linked to the format of self developed questionnaire attached in the appendix. Descriptive and inferential statistics such as frequencies, tables, percentage and correlation tests were used in the data analysis and summaries. Relationships between variables were identified using frequencies, Chi square and correlation. 1) 2) 3) 4) The tools used for statistical analysis are Percentage analysis Chi square test Correlation coefficient Weighted average method 3.1 Percentage Analysis Percentage analysis is the method to represent raw streams of data as a percentage (a part in 100 - percent) for better understanding of collected data.
  • 45. Table 3.1: Gender wise classification Gender Male Female No of respondents 36 14 Percentage 72% 28% Figure 3.1: Gender wise classification 3.1.1 Gender wise classification Analysis It can be seen from the table. 3.1 as well as from the figure. 3.1 that out of 50 respondents 72% are male and 28% are females. Inference Out of 50 respondents 72% are male. Majority of the respondents of the study are males. 34
  • 46. 3.1.2 Age wise classification Table 3.2: Age wise classification age No of respondents 20-30 4 31-40 28 41& above 18 Percentage 8% 56% 36% Figure 3.2: Age wise classification Analysis It can be seen from the Table 3.2 as well as from the above Fig. 3.2 that out of 50 respondents 8% of the respondents have the age between 20 and30 and 56% of them were aged between 31 and 40. Remaining 36% have age more than 41. Inference 56% of the respondents have age between 31 and 40. Majority of the respondents are in the age group of 31 and 40. 35
  • 47. 3.1.3 Qualification wise classification Table 3.3: Qualification wise classification Qualification Plus two Degree Technical PG No of respondents 2 30 6 12 Percentage 4% 60% 12% 24% Figure 3.3: Qualification wise classification Analysis It can be analyzed from the Table 3.3 out of 50 respondents 4% of the respondents have the qualification of plus two and 60% of them are graduates. 12% of them were technically qualified and remaining 24% are post graduates. Inference Majority of the respondents are graduates. 36
  • 48. 3.1.4 Experience wise classification Table 3.4: Experience wise classification Experience Below 1 year 1-5 years 6-10 years Above 10 years No of respondents 1 11 16 22 Percentage 2% 22% 32% 44% Figure 3.4: Experience wise classification Analysis It can be analyzed from the Table 3.4 that 2% of the respondents have an experience of below 1 year in the organization. 22% of them have an experience between 1 to 5 years and 32% of them have an experience of 6 to 10 years. 44% of the employees have an experience of more than 10 years. Inference 44% of the employees have an experience of more than 10 years. This indicates that majority of the KTDC executives are more experienced. 37
  • 49. 3.1.5 Income wise classification Table 3.5: Income wise classification Income 5000-10000 10001-20000 20001-30000 Above 30000 No of respondents 2 18 17 13 Percentage 4% 36% 34% 26% Figure 3.5: Income wise classification Analysis It can be seen from the Table 3.5 as well as from the above Fig. 3.5 that out of 50 respondents 4% of the respondents have an income between 5000 and 10000 and 36% of them have an income between 10001 and 20000. 34% earns between 20001 and 30000 it can be seen that 26% of them earn more than 30001 as their income. Inference Majority of the respondents have an income between 10001 and 20000. 38
  • 50. 3.1.6 About the clarity in communication Table 3.6: About the clarity in communication Response No of respondents Strongly agree 12 Agree 18 Neutral 2 Disagree 14 Strongly disagree 4 Percentage 24 36 4 28 8 Figure 3.6: About the clarity in communication Analysis As from the Table 3.6 it can be seen that 24% of the respondents strongly agree that their brand clearly communicates what they are about and conveys the highest value which they deliver. 36% of them agree with the same. Here only 4% of the respondents became neutral. 28% of the respondents disagree and 8% of the respondents strongly disagree with the same. According to them the brand does not clearly communicates what they are about and conveys the highest value they deliver. Inference 36% of the respondents agree that their brand clearly communicates what they are about and conveys the highest values they deliver. This indicates that the brand used by KTDC conveys the intended message. 39
  • 51. 3.1.7 Usage of brand identity Table 3.7: Usage of brand identity Response No of respondents Strongly agree 10 Agree 27 Neutral 2 Disagree 9 Strongly disagree 2 Percentage 20 54 4 18 4 Figure 3.7: Usage of brand identity Analysis As from the Table 3.7 it can be seen that 20% of the respondents strongly agree that their brand identity is being used in all media. 54% of the respondents agree with it. Here only 4% of the respondents became neutral. 18% of the respondents disagree and 8% of the respondents strongly disagree that their brand identity is not being used in all media. Inference 54% of the respondents agree that their brand identity is being popularly used in all media. This indicates that brand messages used are consistently delivered in all media and thereby creating a popular brand identity. 40
  • 52. 3.1.8 Awareness about profitable customers Table 3.8: Awareness about profitable customers Response No of respondents Strongly agree 24 Agree 12 Neutral 1 Disagree 8 Strongly disagree 5 Percentage 48 24 2 16 10 Figure 3.8: Awareness about profitable customers Analysis From the Table 3.8 it is seen that 48% of the executives and managers strongly agreed to the statement that they know their most profitable customers and they are targeting prospects that look like their best customers. 24% also accords to the same. While 16% disagreed to the statement and 10% strongly disagrees to the same. Inference KTDC is fully aware about its most profitable customers and they are targeting such customers and prospects. This shows that KTDC is aware about its profitable customers and by targeting such customers, KTDC is increasing its profit. 41
  • 53. 3.1.9 Awareness about customers changing buying behavior Table 3.9: Awareness about customers changing buying behavior Response No of respondents Strongly agree 6 Agree 21 Neutral 7 Disagree 8 Strongly disagree 8 Percentage 12 42 14 16 16 Figure 3.9: Awareness about customers changing buying behavior Analysis 42% agreed to the statement that they are aware about customers changing buying behavior. 12% strongly agrees to it, 16% disagrees to the statement and another 16% strongly disagree to the same. Inference Majority of the staffs know that customers have changed the way they find, buy or use KTDCs services and KTDC has adjusted the marketing plan accordingly. This shows that KTDC changes its marketing plan based on customer buying behavior. 42
  • 54. 3.1.10 Opinion on up-selling and cross selling Table 3.10: Opinion on up-selling and cross selling Response No of respondents Strongly agree 5 Agree 31 Neutral 3 Disagree 7 Strongly disagree 4 Percentage 10 62 6 14 8 Figure 3.10: Opinion on up-selling and cross selling Analysis From the Table 3.10 it is seen that 62% of the staffs agreed to the statement that they are actively up-selling and cross selling services to their current customers. 14% disagrees to it while 10% strongly agrees to the statement. 8% strongly disagrees to it. Inference Majority of the staffs agrees to the statement which shows that the sales tools and marketing plan adopted are very well supporting the sales activity. KTDC has got active sales agents who enhances the up-selling and cross selling activity. 43
  • 55. 3.1.11 Key marketing messages that is consistently delivered in media Table 3.11: Key marketing messages that is consistently delivered in media Response No of respondents Strongly agree 7 Agree 21 Neutral 10 Disagree 7 Strongly disagree 5 Percentage 14 42 20 14 10 Figure 3.11: Key marketing messages Analysis From the Table 3.11 it is seen that 42% of staffs agreed to the statement that they have key marketing messages that they are consistently delivering in all media. 14% strongly agrees to the statement and an equal number disagrees to it. 10% strongly disagrees to the statement. 20% remained neutral to the statement. Inference KTDC have key marketing messages that they are consistently delivering in all media. This ensures wider reach and visibility to the brand, offers, services etc 44
  • 56. 3.1.12 Experience customers have while interacting with employees Table 3.12: Experience customers have while interacting with employees Response No of respondents Strongly agree 17 Agree 15 Neutral 2 Disagree 10 Strongly disagree 6 Percentage 34 30 4 20 12 Figure 3.12: Experience customers have while interacting with employees Analysis Table 3.12 shows that 34% of the employees strongly agreed to the statement that the messages delivered in all media matches the experience customers have when they interact with KTDCs staff. 30% agreed to it while an equal number disagreed to the same. Only 12% strongly disagreed to the statement. Inference The experience customers have while interacting with the employees matches with the key messages that is being delivered in all media. The staffs of KTDC are well trained and customer friendly. Training given to employees by KTDC ensures that a standardized service is given to all customers. 45
  • 57. 3.1.13 Targeting of messages to specific market segments Table 3.13: Targeting of messages to specific market segments Response No of respondents Strongly agree 12 Agree 18 Neutral 4 Disagree 10 Strongly disagree 6 Percentage 24 36 8 20 12 Figure 3.13: Targeting of messages to specific market segments Analysis From the Table 3.13 it is seen that 36% of the employees agreed to the statement that they are tailoring messages to specific market segments when they have an opportunity to do so. 24% strongly agreed to it, while 20% disagreed to the statement. 12% strongly disagreed to the statement while 8% remained neutral about the same. Inference Majority of the employees agreed to the statement that they are tailoring messages to specific to market segments when they have an opportunity to do so. This means marketing tactics used are flexible. 46
  • 58. 3.1.14 Opinion on shifting marketing to new channels Table 3.14: Opinion on shifting marketing to new channels Response No of respondents Strongly agree 18 Agree 22 Neutral 1 Disagree 8 Strongly disagree 1 Percentage 36 44 2 16 2 Figure 3.14: Opinion on shifting marketing to new channels Analysis As from the Table 3.14 it can be seen that 36% of the respondents strongly agree that it is time to shift some or more of their marketing to new channels such as social media and mobile marketing. 44% of them agree with the same. Here only 2% of the respondents became neutral. 16% of the respondents disagree with this and it 2% of the respondents strongly disagree that it is time to shift some or more of their marketing to new channels such as social media and mobile marketing. Inference 36% of the respondents agree that it is time to shift some or more of their marketing to new channels such as social media and mobile marketing. This shows that KTDC has realized the importance of new marketing channels and they are in phase to shift to some of their marketing to new channels. 47
  • 59. 3.1.15 Opinion on maximizing the value Table 3.15: Opinion on maximizing the value Response No of respondents Strongly agree 5 Agree 29 Neutral 2 Disagree 9 Strongly disagree 5 Percentage 10 58 4 18 10 Figure 3.15: Opinion on maximizing the value Analysis As from the Table 3.15 it can be seen that 10% of the respondents strongly agree that they are maximizing the value of the proprietary channels they control, such as newsletters, invoices, product packaging and inserts, vehicles and buildings. 58% of them agree with the same. Here only 4% of the respondents became neutral. 18% of the respondents disagree and 10% of the respondents strongly disagree with this. Inference 58% of the respondents agree that they are maximizing the value of the proprietary channels they control, such as newsletters, invoices, product packaging and inserts, vehicles and buildings. KTDC has got several marketing tools and they are utilizing it effectively. 48
  • 60. 3.1.16 Opinion on marketing tactics Table 3.16: Opinion on marketing tactics Response No of respondents Strongly agree 18 Agree 20 Neutral 1 Disagree 9 Strongly disagree 2 Percentage 36 40 2 18 4 Figure 3.16: Opinion on marketing tactics Analysis It can be seen from the Table 3.16, that 36% of the respondents strongly agree that the marketing tactics are generating the best results- leads, conversions or sales at the lowest cost.40% of them agree with the same. Here only 2% of the respondents became neutral. 18% of the respondents disagree and 4% of the respondents strongly disagree with this. Inference 36% of the respondents agree that the marketing tactics are generating the best results- leads, conversions or sales at the lowest cost. This indicates that the marketing tactics used is very effective. 49
  • 61. 3.1.17 Integration of social media into traditional marketing Table 3.17: Integration of social media into traditional marketing Response No of respondents Strongly agree 21 Agree 20 Neutral 1 Disagree 4 Strongly disagree 4 Percentage 42 40 2 8 8 Figure 3.17: Integration of social media into traditional marketing Analysis From the Table 3.17 it can be seen that 42% of the respondents strongly agree that they are integrating social media into traditional marketing tactics like direct mail and advertising. 40% of them agree with the same. Here only 2% of the respondents became neutral. 8% of the respondents disagree and 8% of the respondents strongly disagree with this. Inference 42% of the respondents agree that they are integrating social media into traditional marketing tactics like direct mail and advertising. This shows that KTDC understands the importance of social media in marketing its products and they are integrating the same into traditional marketing tactics like direct mail and advertising. 50
  • 62. 3.1.18 Opinion on creativity used Table 3.18: Opinion on creativity used Response No of respondents Strongly agree 13 Agree 27 Neutral 1 Disagree 8 Strongly disagree 1 Percentage 26 54 2 16 2 Figure 3.18: Opinion on creativity used Analysis From the above it can be seen that 26% of the respondents strongly agree that their creative is attention getting and it stands out in a crowded market place. 54% of them agree with the same. Only 2% of the respondents became neutral. 16% of the respondents disagree and 2% of the respondents strongly disagree with this. Inference 54% of the respondents agree that their creative is attention getting and it stands out in a crowded market place. The creative designs or features used in ads, brochure etc are attention getting and it is unique which makes it to differentiate from its competitors. 51
  • 63. 3.1.19 Clarity of marketing materials used Table 3.19: Clarity of marketing materials used Response No of respondents Strongly agree 15 Agree 17 Neutral 5 Disagree 9 Strongly disagree 4 Percentage 30 34 10 18 8 Figure 3.19: Clarity of marketing materials used Analysis As from the above it can be seen that 30% of the respondents strongly agree that their call to action is loud and clear and their prospects know exactly what to do next after reviewing their marketing materials. 36% of them agree with the same. Here 10% of the respondents became neutral. 18% of the respondents disagree and 8% of the respondents strongly disagree with this. Inference 36% of the respondents agree that their call to action is loud and clear. Their prospects know exactly what to do next after reviewing their marketing materials. This indicates that messages conveyed in marketing material are appropriate and very clear. 52
  • 64. 3.1.20 Resonance of offers Table 3.20: Resonance of offers Response No of respondents Strongly agree 25 Agree 20 Neutral 0 Disagree 4 Strongly disagree 1 Percentage 50 40 0 8 2 Figure 3.20: Resonance of offers Analysis As from the above it can be seen that 50% of the respondents strongly agree that their offer is resonating with prospects and more and more people saying yes. 40% of them agree with the same. Here none of the respondents became neutral. 8% of the respondents disagree and 2% of the respondents strongly disagree with this. Inference 50% of the respondents strongly agree that their offer is resonating with prospects and more and more people are saying yes. The offers are made based on the customer buying behavior and they are effective. 53
  • 65. 3.1.21 Effectiveness of offers Table 3.21: Effectiveness of offers Response No of respondents Strongly agree 8 Agree 32 Neutral 1 Disagree 8 Strongly disagree 1 Percentage 16 64 2 16 2 Figure 3.21: Effectiveness of offers Analysis As from the above it can be seen that 16% of the respondents strongly agree that their offers showcase their products, 64% of them agree with this. Here only 2% of the respondents became neutral. 16% of the respondents disagree that their offers showcase their products and remaining 2% exhibit a strong disagreement regarding this. Inference 64% of the respondents agree that their offers showcase their products. The brochures, ads and other marketing materials used showcases different products of KTDC. These are consistently delivered in all media which ensures that marketing messages delivered are same. 54
  • 66. 3.1.22 Role of offers in the product value Table 3.22: Role of offers in the product value Response No of respondents Strongly agree 8 Agree 28 Neutral 2 Disagree 7 Strongly disagree 5 Percentage 16 56 4 14 10 Figure 3.22: Role of offers in the product value Analysis As from the above it can be seen that 16% of the respondents strongly agree that their offer delivers real value to the prospect. 56% of them agree with this. Here only 4% of the respondents became neutral. 14% of the respondents disagree and 10% of the respondents strongly disagree that their offer delivers real value to the prospect. Inference 56% of the respondents agree that their offer delivers real value to the prospect. The offers made are based on the buying behavior of customer and they are effective. 55
  • 67. 3.1.23 Sales brochure attributes Table 3.23: Sales brochure attributes Response No of respondents Strongly agree 13 Agree 29 Neutral 2 Disagree 3 Strongly disagree 3 Percentage 26 58 4 6 6 Figure 3.23: Sales brochure attributes Analysis It can be seen from the above that 26% of the respondents strongly agree that their sales brochures displays and sales demonstration tools are accurate, complete and up to date. 58% of them agree with this. Here only 4% of the respondents became neutral. 6% disagrees to the statement and an equal number strongly disagree to the same Inference 58% of the respondents agree that their sales brochures displays and sales demonstration tools are accurate, complete and up to date. 56
  • 68. 3.1.24 Integration of sales tools Table 3.24: Integration of sales tools Response No of respondents Strongly agree 19 Agree 12 Neutral 8 Disagree 7 Strongly disagree 4 Percentage 38 24 16 14 8 Figure 3.24: Integration of sales tools Analysis As from the above it can be seen that 38% of the respondents strongly agree that their sales tools are integrated with their brand and marketing campaigns.24% of them agree with the same. Here 16% of the respondents became neutral. 14% of the respondents disagree and 8% of the respondents strongly disagree with this. Inference 38% of the respondents strongly agree that their sales tools are integrated with their brand and their marketing campaigns. This indicates that marketing strategy is made by inter connecting marketing elements. 57
  • 69. 3.1.25 About the need of new tools Table 3.25: About the need of new tools Response No of respondents Strongly agree 10 Agree 25 Neutral 2 Disagree 10 Strongly disagree 3 Percentage 20 50 4 20 6 Figure 3.25: About the need of new tools Analysis As from the above it can be seen that 20% of the respondents strongly agree that they need new tools to educate prospects about their industry or products. 50% of them agree with the same. Here only 4% of the respondents became neutral. 20% of the respondents disagree and 6% of the respondents strongly disagree with this. Inference 50% of the respondents agree that they need new tools to educate prospects about their industry or products. New tools can be used to increase brand visibility and also to increase awareness about the products among customers. 58
  • 70. 3.1.26 About the capturing of customer and prospect data Table 3.26: About the capturing of customer and prospect data Response No of respondents Strongly agree 9 Agree 18 Neutral 4 Disagree 12 Strongly disagree 7 Percentage 18 36 8 24 14 Figure 3.26: About the capturing of customer and prospect data Analysis As from the above it can be seen that 18% of the respondents strongly agree that they are capturing customer and prospect data to build a robust marketing database. 36% of them agree with the same. Here 8% of the respondents became neutral. 24% of the respondents disagree and 14% of the respondents strongly disagree with this. Inference 36% of the respondents agree that they are capturing customer and prospect data to build a robust marketing database. This indicates that KTDC uses relationship marketing to retain customers. 59
  • 71. 3.1.27 About the compiling of email address Table 3.27: About the compiling of email address Response No of respondents Strongly agree 13 Agree 30 Neutral 3 Disagree 2 Strongly disagree 2 Percentage 26 60 6 4 4 Figure 3.27: About the compiling of email address Analysis As from the above it can be seen that 26% of the respondents strongly agree that they are compiling email address for an ongoing sales dialogue. 60% of them agree with the same. Here 6% of the respondents became neutral. 4% strongly disagreed to it and an equal number disagreed to the same. Inference 60% of the respondents agree that they are compiling email address for an ongoing sales dialogue. This indicates that KTDC is using relationship marketing to retain customers. 60
  • 72. 3.1.28 About the website Table 3.28: About the website Response No of respondents Strongly agree 17 Agree 18 Neutral 1 Disagree 10 Strongly disagree 4 Percentage 34 36 2 20 8 Figure 3.28: About the website Analysis As from the above it can be seen that 34% of the respondents strongly agree that their website is build around the needs and interest of its visitors. 36% of them agree with the same. Here only 2% of the respondents became neutral. 20% of the respondents disagree and 8% of the respondents strongly disagree with this. Inference 36% of the respondents agree that their website is build around the needs and interest of its visitors. KTDC has build its website in such a way that required informations are easily accessible for the visitors. 61
  • 73. 3.1.29 SEO of website Table 3.29: SEO of website Response No of respondents Strongly agree 13 Agree 15 Neutral 4 Disagree 13 Strongly disagree 5 Percentage 26 30 8 26 10 Figure 3.29: SEO of website Analysis 30% of the employees agreed that the KTDCs site is fully optimized for search engines. 26% strongly agreed to the statement and an equal number disagreed to the same. 10% strongly disagreed to it and 8% remained neutral. Inference Majority of the employees agrees that KTDCs site is fully optimized for search engines. This shows that KTDC has given importance for internet marketing. 62
  • 74. 3.1.30 Focusing of marketing campaigns Table 3.30: Focusing of marketing campaigns Response No of respondents Strongly agree 11 Agree 19 Neutral 2 Disagree 10 Strongly disagree 8 Percentage 22 38 4 20 16 Figure 3.30: Focusing of marketing campaigns Analysis As from the above it can be seen that 22% of the respondents strongly agree that they are understand the factors buyer consider when selecting their product or service and they are focusing their marketing campaigns on those factors. 38% of them agree with this. Here only 4% of the respondents became neutral. 20% of the respondents disagree and 16% of the respondents strongly disagree with this. Inference 38% of the respondents agree that they are understand the factors buyer consider when selecting their product or service and they are focusing their marketing campaigns on those factors. This shows that KTDC caters to the needs of customers. 63
  • 75. 3.2 Chi Square test The Chi-Square distribution is merely the distribution of the sum of the squares of a set of normally distributed random variables. Its value stems from the fact that the sum of random variables from any distribution can be closely approximated by a normal distribution as the sum includes a greater and greater number of samples. Thus the test is widely applicable for all distributions. The chi- square test is one of the simplest and most widely used nonparametric test in statistical work. The symbol χ is the Greek letter Chi. The chi square test was first used by Karl Pearson in the year 1990. The quantity of χ2 describes the magnitude of the discrepancy between theory and observation. It is defined where O refers to the observed frequencies and E refers to the expected frequencies. 3.2.1 Test of independence With the help of chi-square test we can find out whether two or more attributes are associated or not. In order to test whether or not the attributes are associated, we take the null hypothesis that there is no association in the attributes under study or, in other words , the attributes are independent. Table 3.31: Contingency Table Response Strongly agree Agree Neutral Disagree Strongly Disagree Total SA A N D SD Total 4 5 1 2 0 12 15.42 26 2 6.58 2 52 4.5 4 0 1.5 3 13 0 5 2 6 1 14 2 2 1 2.16 1.84 9 25.92 42 6 18.24 7.84 100 In the Table 3.31 SA= Strongly Agree A= Agree N= Neutral D= Disagree SD= Strongly Disagree 64