Answered Essay: 5. Pick 5 of the 8 Hard-Core Tactics for Market Domination, explain the 5 and give examples related to the hotel industry.

5. Pick 5 of the 8 Hard-Core Tactics for Market Domination, explain the 5 and give examples related to the hotel industry.

Expert Answer

Tactics to ensure Market Domination of the services or/and products that the organization offers:

  1. Create your own Niche.
  2. Develop your product or service.
  3. Identify external Forces.
  4. Provide Value and Solutions.
  5. Communicate with your markets.
  6. Establish Credible talent.
  7. Implement cost leadership strategy.
  8. Competitive analysis.

For the discussion, I am selecting the following strategies:

  1. Develop your product or service: Being in market only, is not sufficient proof that you have understood the market and the fact that you are serving the best to the customer. Develop an understanding of the mind of the customer and adjust the features and the core of the product and service to provide best value for money.
  2. Identify external Forces: A variety of external forces affect your market, including environmental, socio-cultural, demographic, economic, science, technology, legal and political forces. Identify each of them and their individual effect on your business. Understand and then address each of them, convert these to positive forces in your business advantage.
  3. Provide Value and Solutions: Very important to create a trust with the customers, prospective customers and other forces that effect your market, directly or indirectly. Answering customer requirements and resolving their problems in their queries helps build the relations which have longevity. Businesses thrive on such relations with the market. This shall lead you to understanding prime customer needs and help you to supply a better service.
  4. Communicate with your markets: Keep the website interactive with receiving and replying to the feedbacks and queries. Let these replies be insightful and frank. Let the employees talk on social media, remain active in industry magazines and keep contributing for the information of the prospective customers understanding the niche of their needs.

All this leads to a healthy relationship with trust between the organization and the customers and other outside forces.

  1. Establish Credible talent: It goes to the credit of the company, if they can establish credible talent in the eyes of the customers and the market. The organization should hire talented employees, should work on improving their skills, keep them happy, with the best quality of work and environment. Keep posting the pictures of the employees and the workplace, make the employees talk to the customers through social media etc. Writing staff on the industry news and sharing views enthuses prospective customers also to share and leads to free and healthy advertisement.
Buy Essay
Calculate your paper price
Pages (550 words)
Approximate price: -

Help Me Write My Essay - Reasons:

Best Online Essay Writing Service

We strive to give our customers the best online essay writing experience. We Make sure essays are submitted on time and all the instructions are followed.

Our Writers are Experienced and Professional

Our essay writing service is founded on professional writers who are on stand by to help you any time.

Free Revision Fo all Essays

Sometimes you may require our writers to add on a point to make your essay as customised as possible, we will give you unlimited times to do this. And we will do it for free.

Timely Essay(s)

We understand the frustrations that comes with late essays and our writers are extra careful to not violate this term. Our support team is always engauging our writers to help you have your essay ahead of time.

Customised Essays &100% Confidential

Our Online writing Service has zero torelance for plagiarised papers. We have plagiarism checking tool that generate plagiarism reports just to make sure you are satisfied.

24/7 Customer Support

Our agents are ready to help you around the clock. Please feel free to reach out and enquire about anything.

Try it now!

Calculate the price of your order

Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.


Let us write that nagging essay.


Submit Your Essay/Homework Instructions

By clicking on the "PLACE ORDER" button, tell us your requires. Be precise for an accurate customised essay. You may also upload any reading materials where applicable.


Pick A & Writer

Our ordering form will provide you with a list of writers and their feedbacks. At step 2, its time select a writer. Our online agents are on stand by to help you just in case.


Editing (OUR PART)

At this stage, our editor will go through your essay and make sure your writer did meet all the instructions.


Receive your Paper

After Editing, your paper will be sent to you via email.

× How can I help you?