Hotel Guest Information Collection and Storage
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Questions and Answers

Who are considered internal sources of marketing intelligence in a hotel?

Company executives, Hotel owners and managers, Contact personnel

What are some examples of internal data that hotels collect about guests?

Guest feedback (verbal, written, digital), Automated systems (PMS, CRM, POS), Mystery shoppers & auditor reports, Company accounts in apps, websites, platforms

What is competitive marketing intelligence and what type of information does it entail?

Competitive marketing intelligence is the systematic collection and analysis of publicly available information about consumers, competitors, and developments in the marketing environment.

What are some examples of external sources of marketing intelligence for hotels?

<p>Macro market information, Competitive information, Competitors’ annual reports, Trade magazines, press releases, advertisements, Innovation and trends</p> Signup and view all the answers

As a hotel's marketing manager, what are the key components you need to consider for developing an effective marketing information system?

<p>Customer insights teams, Assessing information needs, Developing information, Internal data</p> Signup and view all the answers

How do internal data and marketing intelligence contribute to a hotel's understanding of customer preferences and behaviors?

<p>By analyzing internal data and marketing intelligence, hotels can gain insights into customer preferences, behaviors, and market trends.</p> Signup and view all the answers

What is the purpose of marketing research?

<p>Identify and define marketing opportunities and problems, monitor and evaluate marketing actions and performance, communicate findings to management.</p> Signup and view all the answers

Define exploratory research in marketing.

<p>Gathering preliminary information to help define the problem and suggest hypotheses.</p> Signup and view all the answers

What is the focus of descriptive research in marketing?

<p>Describing the size and composition of the market.</p> Signup and view all the answers

Explain causal research in marketing.

<p>Testing hypotheses about cause-and-effect relationships.</p> Signup and view all the answers

What is observational research in marketing?

<p>Gathering primary data by observing relevant people, actions, and situations.</p> Signup and view all the answers

What are customer insights and why are they important in marketing?

<p>Customer insights are fresh marketing information-based understandings of customers and the marketplace that become the basis for creating customer value, engagement, and relationships. They are important as they help in creating better value for customers.</p> Signup and view all the answers

How does marketing research use internal data and marketing intelligence?

<p>To create new information and insights.</p> Signup and view all the answers

What are the key characteristics of customer insights teams?

<ol> <li>Include all departments and functional areas. 2. Collect information from a wide variety of sources. 3. Use insights to create better value for customers.</li> </ol> Signup and view all the answers

What is the purpose of Marketing Information System (MIS) in a company?

<p>MIS consists of people, equipment, and procedures to gather, sort, analyze, evaluate, and distribute needed, timely, and accurate information to marketing decision makers.</p> Signup and view all the answers

How can a company assess its information needs in the context of MIS?

<p>By finding a balance between desired information and what is cost-effective, obtainable, and necessary.</p> Signup and view all the answers

What are the three main sources of information for developing information in MIS?

<ol> <li>Internal data, 2. Marketing intelligence, and 3. Marketing research.</li> </ol> Signup and view all the answers

Why is internal data important for a company's Marketing Information System?

<p>Internal data provides insights into the company's own performance, customer interactions, and market trends.</p> Signup and view all the answers

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