cruise ship as the product

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    CRUISE SHIP AS PROD

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    The Product

    Cruises have three diferent economic eatures:

    Inelasticity

    a cruise ship is perisha!"e# !ecause it can$t !e stored

    Heterogeneity

    the product consists o a variet% o components that ma&ee'perience diferent or each customer

    Complementary

    the cruise is not one sin("e e'perience !ut a host o e"eme

    com!ine to orm the cruise e'perience

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    SECO)D*DE+REE PRICE PERCEPT

    T,o*tier pricin( s%stem

    -irst purchase*tic&et to (et on the !oat

    Additiona" purchases durin( the vacation

    Cruise .ine E'cursions

    A"coho"ic/Sot Drin& 0evera(e Pac&a(es

    C"assic 0evera(e Pac&a(e 1!eers2 ,ines and sot drin&s3 456

    Premium 0evera(e Pac&a(e 1addition o premium a"coho"ic c

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    On*0oard Sa"es

    Top 7 most pro8ta!"e areas

    Casino 9 0ar 67;

    Shore E'cursions

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    THIRD DE+REE PRICE PERCEPT

    A""o,s consumers to se"*se"ect into their desired pr

    Diferent c"asses o !oats ,ithin a cruise "iner

    .ar(er/)e,er the ship2 more "u'urious#

    Diferent c"asses o room choice

    Interior2 Ocean ?ie,2 0a"con%2 Suite

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    Room C"ass Price Perceptio

    A""ure o the Seas4>

    4>

    4@>>

    47>>

    45>>

    46>>

    4>>

    4

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    Tempora" Pricin(

    1Time*!ased pricin(3

    Seasona"it%

    Pricin( umps in the summer months and Christmas

    Itinerar% 16 da%s2 da%s2 B da%s2

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    Inter*Tempora" Pricin(

    As cruise approaches2 consumer demand !ecomes increaine"astic2 a""o,in( cruise "ines to raise prices

    Ho,ever2 immediate"% !eore the departure date2 cruise "attempt to ma'imiFe capacit%2 "eadin( to "ast*minute price

    decreases 0rochures are careu""% desi(ned to encoura(e advance !

    throu(h such strate(ies as ma&in( of*season prices "oo&dramatica""% "o,er than their on*season counterparts and discounts or !oo&in( ear"%

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    Ho, ar in advance cruise ,p"annedG

    7 ; * "ess than one month

    @; !et,een one and three months

    76; !et,een three and si' months@=; !et,een sic and t,e"ve months

    ; more than one %ear

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    Documents )eeded

    Con8rmation tic&et or voucher

    Em!ar&ation date and hours

    Port "ocation

    Ca!in num!er

    Dinin( room seatin(

    0oo&in( ID num!er

    Terms and conditions o the vo%a(e

    Cruise !oo&"et

    Dress reuirements

    On!oard credit po"icies

    hat c"othes to !rin(

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    Documents )eeded

    Passport / visa

    +it order

    Co"or*coded "u((a(e ta(

    Immi(ration and customs orms 1i needed3

    Trave" insurance orm

    Itinerar%

    Air tic&ets and hote" inormation

    Ship card

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