Bed & Breakfast Marketing Plan
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The Bed & Breakfast (B&B) Industry established itself in the U.S. during the 1960s. Today, there are over 20,000 B&B’s currently in operation across the country (Buchanan and Espeseth 1). The two main B&B’s defined by the Bed and Breakfast Association are B&B Homestays and B&B Inns. A B&B Homestay is a private, owner-occupied dwelling where B&B traffic is incidental to the use of the building as a private residence. A B&B Inn represents a commercially licensed business operation, in a building that is primarily for guest accommodations even if the owner resides there. In the B&B Industry in Michigan and Indian, the Bed and Breakfast Association of Southern Michigan and Northern Indiana is responsible for promoting its 100 member B&B’s, each of who pay $200.00 annually for membership. The annual advertising budget for promoting tourism for the B&B’s in the region is $20,000. Advertising is a business expense just as much as the cost of labor, so the decision was made to use the percentage-of-sales advertising budget method to relate the advertising budget to the quantity of goods sold. As one B&B industry analyst notes, “The percentage-of-sales method avoids some of the problems that result from using profits as a base. If profits are low, it might not be the fault of sales or advertising. But if you stick with the same percentage figure, you will automatically reduce your allotment” (Plan 1)
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Some common words found in the essay are:
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Approximate Word count = 859
Approximate Pages = 3 (250 words per page)
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