Marketing Strategy for Burke Museum - Assignment Example

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Marketing Strategy for Burke Museum

The report will also define the segments which need to be addressed by the museum in order to enhance its business.
The later part of the report explains the marketing plan which needs to be implemented by the Museum which would be helpful to achieve targets, and finally it concludes with the sales forecast and the Marketing Mix.
Although museum visiting trends patterns are substantial in Australia, still there are many factors which will play an important part in the acceptance of the Museum in a society where visiting library is a preferred leisure activity for people.
Museums play an important role in providing the people with entertainment in their leisure time. In order to enhance their market share Museums should focus on implementing new marketing strategies in order to attract more customers and increased market share (Peschiutta, 2001). Many established museums and cultural organisations cannot only rely on income generated; the public funds are decreasing with an increase in the attendance of people visiting these museums. With the increasing demands of greater accountability from government and funding bodies the planning and implementation of successful marketing strategies has become more important (Laczniak and Murphy, 1977). Weak or no marketing practice can lead to a big trouble for even a well-established Museum. ...Show more

Summary

The report will also undertake the evaluation of the opportunities for the Museum to attract more and more visitors from the Australian Market by implementing new marketing techniques. The report contains a Marketing Plan for the next one year which needs to be introduced by the Museum in order to achieve its objectives.
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Marketing Strategy for Burke Museum essay example
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