Product Distribution And Revenue Management Management Coursework (Coursework Sample)

PRODUCT DISTRIBUTION AND REVENUE MANAGEMENT
Table of Contents
TOC \o "1-3" \h \z \u Introduction PAGEREF _Toc8112640 \h 2Distribution of channels PAGEREF _Toc8112641 \h 2Emerging trends PAGEREF _Toc8112642 \h 3Assessment 1: Case Analysis PAGEREF _Toc8112643 \h 4Conclusion PAGEREF _Toc8112644 \h 4Reference PAGEREF _Toc8112645 \h 5
Introduction
Revenue management is a term we hardly think about but, we go through this in our daily lives. It is based on the interpretation of customer’s behaviour in the financial segment in the field of the marketing world. One of the major fields related to Revenue management industry is Tourism and hospitality. The main focus of this assignment is to concentrate on the abilities of highly successful revenue managers in the successful marketing world. This will be to understand all the prime focus area of business management and product distribution. Few skills which add up to these shells are first to have a competitive nature. One must be sporting enough to take challenges and should get driven by budgets and should ensure one should achieve them, and then the person should have proper analytical skills a person should have the ability and should be capable enough to create reports and detect the changes in trends in revenue world. Last but not the least this is a very important skill set of a particular leader that is one must be Attentive to details. This is one of the leadership qualities of a focused revenue manager. One must check the plans and take the opinion of others to get everything done smoothly without any hassle, double checking the points and the elements add up payback to these skills also checking the rates and discount availability when any data should be continuously monitored or not. The following assignment will deal with all the above-mentioned factors in a better and in-depth manner.