Marketing of Tourism Products, Services, and Sites (Grade 10 NSC Matric Tourism): Flashcards

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Marketing of Tourism Products, Services, and Sites
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Marketing definition

Activities to place products/services before potential customers

Tourism products

Tangible packages tourists can purchase (e.g., holiday packages)

Tourism services

Intangible experiences/support (e.g., booking assistance)

Market share

Portion of total market a company/product controls

Competitive edge

What makes a business stand out from competitors

Target market

Specific group of customers a business aims to reach

Core markets

Market segments that generate the most business

Niche markets

Specialised interest groups with specific needs/preferences

The 5 Ps of marketing mix

Product, Price, Place, Promotion, People

Market research

Systematic process of gathering, analysing & interpreting info

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