Barriers imitate:
Marriott apply new technologies in managing and operating hotels like the Internet. Specifically, conduct online meetings, online booking ... Since then put its services to customers faster and for the new service and better quality. On the other hand, the merger with the company and chain of franchise with wise, Marriott may diversified in many areas but retains the lead in the new sector. Since then significantly increased the company's revenue. And generate a large profit at the level of the industry average, the growth rate is quite high profit. Because core competencies of taking difficult imitate Marriott analyzed as a barrier mimicking the competitors in the sector, while for the competitors may imitate Marriott not happen overnight, but it takes a long time. So far, the Marriott also has some opponents mimic the technology, how to run the company by Marriott, however is limited to one or a few sectors and products (such as property) but no a competitor of Marriott imitate perfectly the core competencies of the Marriott. Another aspect is the core capability, the resources of the Marriott is very difficult to get in the times of economic inflation as at present (system colossal infrastructure globally), with which Marriott is constantly evolving and re-invest in their most important items, along with the constant improvements in service quality and more perfect. Since its establishment until now has not been rival Marriott mimic entirely to be able to leave the industry, left the Marriott has created a great brand in the market, the brand value of the huge Marriott customers trust and loyalty to the Marriott, with it, the customer base continues to grow, this increases the motor's high barriers to imitation.
Another important factor contributing to raising barriers to mimic that of human resources Marriott, a human resources are considered core competencies of the company. Culture Marriott was formed long ago, many executives of the world's talented executive (JM & BM) company and has applied those principles, the principle of efficiency, enhance value for human resources make Should a company culture in a very effective and difficult to replace, not every company can build a culture of Marriott so, not every company can easily mimic to form relationship as well as the enthusiastic, responsible and loyal staff as Marriott, and it is not easy for cable companies successfully apply principles like Marriott famous. Therefore, creating a barrier mimicking ability Crane Co., has difficulty imitating intangible resources, it's quite difficult to imitate ability. The ability to run on most types of Marriott in the hotel industry as well as core competencies by Marriott, Marriott operates this helps successful and effective but still hidden from the operating culture while its competitors may receive see the successful principles of Marriott.
We can say each company offers different possibilities, we can say each company has existed a particular ability, but also has the ability to process ordinary and can be easily imitated, besides there are also possibilities can hardly be imitated, as the Marriott, human resources, organizational culture, along with its ability to manage long-creates durable competitive advantage.
The capacity of the competition:
The competitors of Marriott not a lightweight rivals, which also are formidable opponents, they also have strong resources and capable imitate adults, technologies of competitors is no less than the Marriott as Hilton, Accor, but different than the basics of how service and product packages or rather different in terms of quality and facilities substance with human resources (culture), besides operating the wise Marriott often have very particular direction compared with the competitors in the industry. The level of industry dynamics: The world is increasingly a development led to the rise in living standards and integration. Increasingly, opportunities and opportunities for enterprise development based on Internet technology and science. Therefore, the company is constantly searching for methods, more effective improvement in the sector, speed improvements are increasing, increases the dynamism of the industry. A hotel could today lead because owns a system of quality and service, way better service and value but with rapid growth, such as technology and science today, and more volatility of the political and information related to the process of globalization. If the hotel does not whatsoever on how it works to the trends and historical circumstances, it will surely be left behind and forgotten. (The hotel booking directly through the clear front will be less effective than a remote hotel reservations for the methods and operations through just a kick button mouse, along with the card account more global than many procedures and pay cash directly). Thus, the company can only exist if the company constantly innovate, not to go after the competitor, to predict and study before the product or technology can substitute for products and the current service package. Marriott is one of the companies (hotels) done this, so it can stand and win the top position in the industry, Marriott International is consistently ranked as the company topped 500 leading companies world by Fortune magazine poll. Analysis Value Chain For each company has its operations to create value for it and the Marriott too, however value creation activities of Marriott also touches put sui generis. The main activities: Marketing, Sales: Marketing and sales activity is contributing to creating more value for Marriott. Convincing customers and continue back to the hotel, creating customer confidence that is the function of Marketing and Sales System. Through the brand positioning, as well as communication tools such as advertising, promotions program which increases the value that customers are aware of the service that Marriott offers. Marriott has been known around the world through a relentless effort to bring the group's corporate image to the world, enhance the image of the hotel in the heart of the customer. Marriott distribution strategy implementation global distribution. With the provision of a diverse range of hotels from luxury to budget class, with many prices, catering to many different customer classes, and for each country, Marriott also mar separate strategies accordingly with each country. Many times in the center of major cities around the world, Marriott opened various hotels. However with Strategic Marketing, Sales reasonable that stores customer always tight glasses. Marriott said his success to the guest division into different groups on demand. Then they build diverse brands, and retain only the core common is big brand guarantees high quality. Experts called it "the art multi-brand architecture". Marriott Hotel is one of the strategic implementation of management's most successful brands. Marriott has done marketing "viral" through social networks via the form YouTobe blog, Facebook, ... Web sites collect more people to access, this strategy has brought a lot of business efficiency and increase revenue surprise, as well as improving the image of customer satisfaction for Marriott, also helped the company can explore needs Potential customers for better service. The owner of the Marriott group, said that "the best way to get close to it's customers please be someone like them". Marriott done through blog marketing strategy not only for managers, but for the chef as a way to learn, closer to customer needs. Marriott also won some of the costs for the implementation of advertising on TV stations many countries such as CNN, Bloomberg, Al Jazeera, and Discovery, ... as well as the channels on flights aboard some airlines, energy dancers, outdoor advertising in the which attracted many viewers and potential customers of Marriott. Marriott also constantly improving its brand image through social activities, environmental preservation campaigns as green, or strategy not smoking, ... With these strategies Marriott brought a great image in the hearts of our customers and society.
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