In the basic life cycle of a product or service there a system of organizations, persons, activities, information and resources that takes part in the transition of a product or service from the supplier to the consumer. A discount is a reduction in the basic price of a product or service. It is an establishment offers both goods and services this means hotel discounts are a popular thing.
For an establishment that offers meals, lodging and guest services to be considered as a hotel it has to meet certain set regulations. This are, it should have a minimum of six bedrooms available for letting and three of those should have in built bathroom facilities. It should also have a restaurant section where food is served to these occupants and other members of the public.
A hotel may offer a discount to clear out of date and unwanted stock in their stores. Since hotels serve various kinds of food every day, they are forced to purchase the ingredients in bulk. Food in the store may go bad or expire and this would result to high losses. To curb this problem, a discount is imposed on certain foods. This will make the consumption of these types of food increase and therefore the supplies in the stores will be exhausted easily.
After launching a new product, be it a meal or a service, a it may impose a discount to promote it. This will help gain feedback from the customers about their take on the product. It also helps market the product since many people will try it, this same people will talk about it.
The management may offer price cuts to reward valuable customers. These are the people who matter the most to the business and special discounts can be tailored to meet their needs. They do this in a bid to keep this valuable people on board. The idea is if they are treated well there they will not have to look for somewhere else to spend their money.
One that just opened in a new area may offer discounts to lure customers this is a very common practice in this industry done by not only hotels but also new businesses. It takes advantage of the nature of human beings to go for the cheaper option in this case of a new business, the management decides what kind of discount shall be imposed and for what amount of time. They do this in the aim of getting customers in their new space.
When new management is taking over. They will be inclined to show the customers that they are going to bring changes and maybe increase the quality of services. They might offer a discount to mark a new beginning, bring in more customers and hopefully keep them.
During the festive seasons everybody wants to check into a hotel and have a good time. During this period there are a lot of clients and the competition is too high. You might offer a discount to give customers a reason to choose you above all.
For an establishment that offers meals, lodging and guest services to be considered as a hotel it has to meet certain set regulations. This are, it should have a minimum of six bedrooms available for letting and three of those should have in built bathroom facilities. It should also have a restaurant section where food is served to these occupants and other members of the public.
A hotel may offer a discount to clear out of date and unwanted stock in their stores. Since hotels serve various kinds of food every day, they are forced to purchase the ingredients in bulk. Food in the store may go bad or expire and this would result to high losses. To curb this problem, a discount is imposed on certain foods. This will make the consumption of these types of food increase and therefore the supplies in the stores will be exhausted easily.
After launching a new product, be it a meal or a service, a it may impose a discount to promote it. This will help gain feedback from the customers about their take on the product. It also helps market the product since many people will try it, this same people will talk about it.
The management may offer price cuts to reward valuable customers. These are the people who matter the most to the business and special discounts can be tailored to meet their needs. They do this in a bid to keep this valuable people on board. The idea is if they are treated well there they will not have to look for somewhere else to spend their money.
One that just opened in a new area may offer discounts to lure customers this is a very common practice in this industry done by not only hotels but also new businesses. It takes advantage of the nature of human beings to go for the cheaper option in this case of a new business, the management decides what kind of discount shall be imposed and for what amount of time. They do this in the aim of getting customers in their new space.
When new management is taking over. They will be inclined to show the customers that they are going to bring changes and maybe increase the quality of services. They might offer a discount to mark a new beginning, bring in more customers and hopefully keep them.
During the festive seasons everybody wants to check into a hotel and have a good time. During this period there are a lot of clients and the competition is too high. You might offer a discount to give customers a reason to choose you above all.
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