Preview

Beano's Cafe

Satisfactory Essays
Open Document
Open Document
374 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Beano's Cafe
GROUP
Harrah’s Entertainment

Questions for Discussion
1. Briefly discuss Harrah’s marketing information system
Marketing managers and other information user Marketing information system Developing needed information
Assessing information needs

Internal database

Marketing intelligence

Marketing Research

Analyzing and using information

Marketing Environment

Questions for Discussion
• Marketing Information and Customer Insights: To create value for customers & build meaningful relationships with them, executive managers must gain fresh, deep insights into what customers need and want. • Assessing Information Needs: • Internal database : consumer & market information obtained from a variety of source systems. The system records the details of a customer’s stay, demographic data, preference data, Data recorded from tournaments and special events etc.

Questions for Discussion
• Marketing intelligence : includes everyday data about developments that helps managers prepare and adjust marketing plans and short-run tactics (e.g., Competitive, economic)

• Marketing Research : Survey, Email, mail • Analyzing and using information : Marketing analysts can analyze hundreds of customer attributes to determine each customer’s preferences and predict what future services and rewards they will want. For example, Harrah’s might award hotel vouchers to out-of-state guests, while free show tickets would be more appropriate for customers who make day trips to the casino.

Customer View of the Total Gold™ Program

Questions for Discussion
2. Describe the relationship between Harrah's marketing information system and Harrah's managers and employees.
Harrah's managers - improving service - creating effective advertising & sales promotion programs - developing new products - improving existing products - developing marketing and sales plans - development & use of an effective revenue management program - Training employee to standard

M I S

You May Also Find These Documents Helpful

  • Satisfactory Essays

    2. Timely analysis and reporting of data- Knowledge of customer needs is key to success in which makes access to customer information critical for todays sales force. In a fast pace business market the ability of orders to be taken from the…

    • 498 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Bst1 Task 3

    • 1294 Words
    • 6 Pages

    For this unit’s assignments you will be required to research the marketing activities of organisations. In the first assignment you will need to focus on how marketing techniques are used in two different organisations. You will then look at how market research impacts on the marketing plan of a specific organisation. In the second assignment you will need to look at the development of a coherent…

    • 1294 Words
    • 6 Pages
    Good Essays
  • Good Essays

    P3 Business Unit 3

    • 759 Words
    • 4 Pages

    P3: Describe how a selected organisation uses marketing research to continue to the development of its marketing plans…

    • 759 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    According to (Pride Hughes, Kapoor 2015. Pg. 311) “a marketing information system is a system for managing marketing information that is gathered continually from internal and external sources,“ the internal records provide marketing managers with current information about sells costs, inventories and cash flows while the external records provide information about marketing-environment, organizations suppliers intermediaries and customers plus the changing conditions in the market, this information is gathered from sources like magazines, trade journals and commercial press. It is a valuable tool that helps in planning, implementing and controlling the marketing activities for the company. because most of these systems are computer based. Its important information for companies to be fully aware of the reasons that drive consumers why they prefer a certain brand over another so…

    • 455 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Mkt 500- a Business Mkt Plan

    • 2941 Words
    • 12 Pages

    McDonald, M. (2008). Malcolm McDonald on Marketing Planning: Understanding Marketing Plans and Strategy. Kogan Page. , 26(1), 208-213.…

    • 2941 Words
    • 12 Pages
    Best Essays
  • Better Essays

    Defining Marketing Paper

    • 1004 Words
    • 5 Pages

    Companies today compete with more efficient technologies. Customers have better access to their cost options and they communicate to each other in ways not imaginable in the pre-internet era. The changes in competitive environment are numerous. What have also changed are marketing strategies and the marketing programs have available to implement those strategies.…

    • 1004 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    In this assignment, I will be looking at the limitation of marketing research. This will involves looking out how marketing research can help develop a marketing plan. Furthermore, I will be looking at the weaknesses of development in marketing plan.…

    • 2417 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Hard Rock

    • 296 Words
    • 2 Pages

    To capture information about customers and give them customized details in order to drive customer revisit.…

    • 296 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    3. Discuss briefly whether Harrah’s business and IT strategies were aligned, and what factors contributed to or detracted from achieving alignment.…

    • 484 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Cool Beans Coffee Cafe

    • 1106 Words
    • 5 Pages

    Competition for certified baristas with managerial experience might be hard to find. Cool Beans Coffee Café is a gourmet coffee café…

    • 1106 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Component of Marketinf Plan

    • 2465 Words
    • 10 Pages

    Marketing plans are becoming more customer and competitor oriented and better reasoned and more realistic than in the past. Marketing planning is becoming a continuous process to respond to rapidly changing market conditions.…

    • 2465 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Due to adapting to the changeable environment, companies and organizations will formulate their strategies that suit with their current competence and marketplace and maintain them. Therefore, to realize 'what strategic marketing planning is' is necessary.…

    • 4152 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    sent to all individuals in the organization who must implement the plan or who will be affected by it. If the plan is directed to an external audience, such as friends, banks, venture capitalists, or potential investors, for the purpose of raising capital, it has the additional function of being an important sales document. In this case, it contains elements such as the strategic plan/focus, organization, structure, and biographies of key personnel that would rarely appear in an internal marketing plan. Also, the financial information is far more detailed when the plan is used to raise outside capital. The elements of a marketing plan for each of these two audiences are compared in Figure A–1. The kind and complexity of the organization. A small neighborhood restaurant has a somewhat different marketing plan than Nestlé, which serves international markets. The restaurant’s plan would be relatively simple and directed at serving customers in a local market. In Nestlé’s case, because there is a hierarchy of marketing plans, various levels of detail would be used—such as the entire organization, the strategic business unit, or the product/product line. The industry. Both the restaurant serving a local market and Bombardier, selling subway cars and planes globally, analyze competition. Not only are their geographic thrusts far different, but also the complexities of their offerings and, hence, the time periods likely to be covered by their plans differ. A one-year marketing plan may be adequate for the restaurant, but Bombardier may need a five-year planning horizon because product-development cycles for complex, new medical devices may be three or four years.…

    • 6941 Words
    • 28 Pages
    Powerful Essays
  • Good Essays

    One of the most important functional areas of a business is marketing. Marketing provides the organization with information, which allows the organization to make decisions on the demands of the consumers, changes in the market as well as any strategies of competitors. This contributes to effective management because it allows the business to make sure that they provide the right product or service to consumers. This is very important for management because if the business does get this wrong then the survival of the business is under threat. To make sure that the business provides the right good or service, the marketing manager has to gather all the relevant information and distribute it to other areas in a way that will benefit the organization as a whole. Information can be used to help management plan their objectives and strategy's, which can be very effective for the business.…

    • 1656 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Marketing has the ability to influence many aspects of my career in any organisation as it is put at the heart of all business decisions. It analyses consumer needs as well as consumer wants and how to improve the value customers see in goods or services offered by an organisation. This can be done through the implementation marketing plan as it is focused on achieving organisational objectives. The plans evaluation of the internal environment as well as external micro and macro environments are crucial in determining how to become more competitive through promoting, recognising strengths, minimising weaknesses, seizing opportunities and eliminating threats. It can be furthermore beneficial in evaluating political, economic, social, technological and legal factors concerning the targeted market.…

    • 258 Words
    • 2 Pages
    Satisfactory Essays

Related Topics