the price needs to be slightly cheaper or more or less the same as the price charged by the nearest competitor offering a similar product or service
Price: competition
Oops!
Check
Okay!
Check
15
the work of a waitress or bar staff serving a customer or the job of housekeeping
intangible
Oops!
Check
Okay!
Check
25
perceived benefits must be greater than the costs
Price: Value for money
Oops!
Check
Okay!
Check
15
the actual food and drink served in a hotel restaurant
tangible:
Oops!
Check
Okay!
Check
25
offering discounts, promotional codes and loyalty programmes, e.g. airmiles
sales promotions
Oops!
Check
Okay!
Check
20
in the past: sold through travel agents â travellers received an envelope full of documents such as a letter of confirmation, flight tickets and hotel vouchers âĒ now: actual physical location is not so important
Place
Oops!
Check
Okay!
Check
25
direct mail, websites, advertisements on TV and in the press, telemarketing, point-of-sale material (tour operator brochures)
Promotion: âĒ direct marketing
Oops!
Check
Okay!
Check
15
a hotel room or airline seat after the specified date