
Tourism is an economic sector that takes existing businesses from many diverse sectors and shifts them into new external markets. What is it about your product/service that makes you think you’re ready for tourism?
An important part of tourism market readiness is clearly understanding what you offer and how it differs from the competition, as well as how you may want to diversify based upon the constraints of your facility and resources. What is your current product or service offering?
QUALITY AND RECOGNITION RESOURCES
- AAA (American Automobile Association)
- CAA (Canadian Automobile Association)
- Canada Select
- Tourism Industry Association of Canada (TIAC)
National Awards for Tourism Excellence:- Ontario Tourism Marketing Partnership Corporation (OTMPC)
Tourism Summit and Awards- Ontario Tourism Education Council (OTEC)
- National Quality Institute
- Canadian Tourism Commission
Defining Tomorrow’s Tourism Product Handbook- Ontario Ministry of Northern Development and Mines (MDNM)
Product Development Opportunities for Resource-Based Operators- Trip Advisor
RESEARCH AND STATISTICS RESOURCES
- Ispos Reid
What Canadians Think About Just About Everything- Ontario Ministry of Tourism
Research Branch- Ontario Tourism Marketing Partnership Corporation (OTMPC)
Research Resources- Statistics Canada Social Trends
- Travel and Tourism Research Association Canada
- Travel and Tourism Research Association International
- Travel Industry Association of America Travel Trends
GD Sourcing
Free and low cost small business market research
In order to develop a successful tourism operation, it’s important to ensure your core business/product is profitable, and that you are in the appropriate position to diversify your offering. What business are you currently in?
- Canada Business
A Guide for Canadian Entrepreneurs- Canada Ontario Business Service Centre
- Government of Ontario
Tourism Business Website- Ontario Ministry of Small Business and Entrepreneurship
- Ontario Ministry of Northern Development and Mines (MNDM)
Business Planning Templates
FINANCING AND INVESTMENT RESOURCES
- Bank of Canada
Rates and Statistics- Ontario Association of Community Futures Development Corporations (OACFDC)
- Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA)
Community and Business Financing: A Guide to Funding Programs for Rural Ontario- Ontario Ministry of Tourism’s Investment website
- Canadian Real Estate Association Commercial Real Estate Listings
- Canadian Tourism Commission
Series of Financing Handbooks
- Federal Department of Justice eLaws
- Federal Office of the Privacy Commissioner
Guide for Businesses and Organizations- Ontario eLaws website
- Personal Information Protection and Electronic Documents Act
In order to be successful in the tourism business, it’s critical to understand who you are currently selling your products and providing services to, as well as who you could be targeting. Do you know who your customers are?
In this global economy, tourism customers have higher service and product delivery expectations of the destinations they frequent, regardless of their travel budget. What value-added services do you currently offer your customers?
Tourism is all about people – making them welcome and comfortable, creating memories and building relationships. Good product and service delivery is impossible without the support of competent staff and volunteers. Who’s involved in the delivery of your products and services?
Working collaboratively with other businesses and organizations in your area can extend your market reach and provide added value to your existing products and services, as well as to the customer experience. Partnerships can include sharing resources, ideas and customers. Who do you currently partner with and how?
Tourism is an extremely complex industry and difficult for most people to understand. You can’t expect the general public to know what it is you do, and what products and services you provide, if you don’t tell them. Especially important is ensuring your local community understands the benefits that your organization and industry bring to the community – they are your first ambassadors. What’s the message you currently deliver?
Travellers are always looking for new and different destinations and experiences. The tourism industry needs to be better tuned in to the evolving needs of their customers in order to continue to attract new and retain existing audiences. Well-planned and executed marketing should deliver a regular source of visitors, target new leads, and provide tourism operators with insight into the customers who are responding to their marketing. What is your current approach to marketing?
To ensure maximum profitability, tourism operators must be able to provide price points and payment options reflective of product and market conditions. What is your current system of pricing, ticketing and customer sales?
Due to changing social issues and an aging travel population, the tourism industry must become more pro-active in planning for and delivering to the health and safety needs of their customers. What current level of health and safety measures does your site/operation follow?
Once you’ve developed a great product and have been able to get it to market, it’s critical that customers know how to get to and access your offerings in the simplest and most direct manner possible. How do customers currently travel to and maneuver within and around your operation?
Tracking all aspects of your operation will determine efficiencies and areas in which adjustments must be made to improve your bottom line. How are you currently measuring your performance and successes?
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Last Modified: June 12, 2007