As part of MKT 412 course we conduct a research for services marketing so that we select ‘Le Méridien’. We will apply our practical exposure, analysis and recommendation in the area of all service marketing of ‘Le Méridien’.
‘Le Méridien’ exposes the curious and creative-minded traveler to the most unexpected and engaging experiences a destination has to offer. ‘Le Meridien Dhaka, a concern of Starwood Hotels and Resorts Worldwide, they start their journey in Dhaka at November 16, 2015.The hotel in the capital's ‘Nikunja 2’, near the international airport, offers 304 guestrooms and suites, the upscale hotel said in a statement. It has a host of dining options, like Latest Recipe, an interactive all day dining restaurant with a live-kitchen setup; ‘Favola’, an Italian specialty restaurant; and’ Olea’, which serves the Mediterranean cuisine.
‘Le Meridien’ also has 15 above, a lounge bar offering stunning views, and Latitude 23, a casual coffee house. The hotel also features the signature Explore Spa, a fitness center as well as the highest skyline infinity pool on the 16th floor, according to the statement. We will analysis all service oriented entity, service quality, interaction between service quality, employee & customer satisfaction and their profitability.
‘Le Méridien’ already very popular and became successful in our country. Their service quality, customer satisfaction and wide range of service offer become build them big player in this industry. From our research, interview, and survey we find that Le Méridien is a symbol of a market leader of their wide range of quality service and customer satisfaction.
4. Brand value
Reputation
Location proximity
Specialized Staff members
Technological resources
Le Meridien
5. Le Meridien
Decision Making Problem
Unreliability of Staff
Time Consuming System
Over Price
6. Le Meridien
Fewer Competitors
Guest Dependency
Foreign Travelers
Scope of Expansion
7. Market Entry
Political Instability
Global Economic Crisis
Terrorist Fear
Competition on the Price Point
Le Meridien
8. Le Meridien
1. Guest Voice
2. Software Integrated System
3. Quality Control Team
4. Received Loyal Guest with Host
5. Transport Facilities
9. Le Meridien
Reduce Prices
Relationship Survey
Take more seriously Customer Feedback
10. Customer Demographics
Demographics mean segmenting the market on the basis of socioeconomic characteristics
Target Customers :
Backpackers and Solo Travelers
Desire to spend more time exploring the city than spending time at the hotel
They prize low prices over amenities and services
They are being accommodated by offering “bare bones”
Business Travelers
Desire to spend more time staying in the hotel rather than exploring the city
They prize fast Internet access, access to electronic devices like fax machines,
printers, scanners and access to lounges.
They provide attention to the details regarding quality of bedding, room service
offerings of the hotel.
Le Meridien
16. Recommendations to Close the Gaps:
• They should earn flexibility to be able to reduce the bill, if necessary.
• They should take necessary steps to reduce deficiencies in
human resource policies.
• Different programs should be taken to educate the customers regarding
different essential features of their self-service payment device.
• They should take extensive program to build a positive image among
their customers. In this process they should try to eliminate the
misconceptions of the users regarding Le Meridien.
Le Meridien
17. Training and Compensation Schemes
Methods used by Le Meridien when training their employees :
On-the-Job Trainings
Lectures
One-on-One Orientations
Compensation Schemes :
Group Performance Related Pay Schemes
Commissions
Festival Bonuses
Le Meridien
18. New Service Innovations
• Putting some chairs and tables on the
narrow passage and charging
premium price for sitting in that zone
because of getting a clear view of
Dhaka city.
• Can name that zone as “Skyline View”
Le Meridien
21. Information
• To obtain value from any
good service, customers
need relevant information.
• Nowadays customers are
“information hungry”
Examples :
Website
Official Video
Front-line Employees
Facebook Page
Le Meridien
22. Order-Taking
• Customers need to know what is
available and may want to secure
commitment to delivery.
• Their order taking process is fast,
smooth and easy to comprehend
Examples :
Reservations
Order Entry
Check-Ins
Le Meridien
23. Payment
• Customers may pay faster and more
cheerfully if transactions are simple and
convenient for them.
• They accept all kinds of payment gateway
Examples:
Self-Service Payment Device (e.g. Kiosk)
Cash
Cheque
Online Payment
Le Meridien
24. Consultation
• Value can be added to goods and services by offering advice and
consultation tailored to each customer’s needs and situation.
• They also advice their customers in order to add value to their services.
Examples :
Personal Counseling
Management Consulting
Le Meridien
25. Hospitality
• Hospitality means the friendly and
generous reception of guests, visitors
or strangers.
• Customers who invest time and
effort in visiting a business and using
its services deserved to be treated as
“welcome guests”
Examples :
Greetings
Waiting facilities and amenities
Transportation
Security
Le Meridien
26. Safe keeping
• Customers prefer not to worry about looking after personal possessions that they
bring with them to a service site.
• Safekeeping basically means caring of customer’s possessions
Examples :
Safe and convenient parking space for their customers’ cars
Baggage Transport
Safekeeping of valuables
Le Meridien
27. Exceptions
• Customers appreciate some
flexibility when they can
make special requests and
expect responsiveness when
things don’t go according to
plan.
Examples :
Special Requests
Complaints or Compliments
Problem Solving
Le Meridien
Olea Mediterranean Cuisine
30.
Situation analysis: Where are
we now?
Objectives: Where do we
want to go?
Strategy: How do we get
there?
Tactics: Details strategy
Action: Implementation –
putting plans to work
Control: Feedback
Image
Customer Expectation
Perceived Value
Overall Customer Satisfaction
Customer Complaints
Customer Dialogue
Customer Benefit
Customer Focus
Le Meridien
Redesign service recovery Program 3 customer
perception tools
30