Answer To: InstructionsConsider the product and its marketing mixRelate the product to its appeal in different...
Deblina answered on Oct 01 2023
Expanding Overseas: A Strategic Move for Charming Escapes
Expanding Overseas: A Strategic Move for Charming Escapes
We are a travel company that specializes in unique and personalized experiences.
Our team consists of experienced travelers and destination experts.
We strive to create unforgettable memories for our clients.
Charming Escapes
Charming Escapes is a consortium of unique country house hotels known for their historic charm, picturesque settings, and authentic experiences.
Good [morning/afternoon/evening], everyone. I'm pleased to welcome you to today's presentation, where we will explore the strategic move of expanding Charming Escapes, our consortium of country house hotels, into international markets. In the upcoming slides, we will outline the essential components of our overseas expansion plan, which encompass thorough research, target market selection, the development of a comprehensive marketing strategy, and the creation of compelling promotional materials. To provide context, let me briefly introduce Charming Escapes. We are a collection of unique country house hotels renowned for our historic charm, picturesque settings, and the delivery of authentic and memorable experiences to our guests. Our primary objective today is to present a well-considered strategy for expanding into international markets, emphasizing why this expansion is crucial for our growth, revenue diversification, and enhancing our global brand presence. So, without further delay, let's dive into the details and unveil how we intend to take Charming Escapes to new heights through international expansion.
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"Selecting the Right Overseas Market"
"Expanding into international markets offers several benefits, including diversifying our customer base, increasing revenue, and enhancing our brand's reputation on a global scale."
Market Size:
"We considered markets with significant tourism potential."
Growth Potential:
"We focused on markets showing positive tourism trends."
Cultural Alignment:
"We sought markets compatible with Charming Escapes' unique offerings."
Reveal the Chosen Target Market:
"After careful evaluation, we have selected 'France' as our initial target market."
In this section, we'll delve into our overseas expansion strategy. It's essential to understand why expanding globally is crucial and how we meticulously selected our target market....