MARKETING OBJECTIVES:
Marketing objectives are the specific goals set by business to achieve its overall organizational objectives. They are a part of overall marketing plan. A business always keeps in mind its marketing objectives to promote its products/services to its potential customers.
Every business’s objective is to satisfy customer needs, that’s why Air blue started E-ticketing system which was a new facility in Airline Industry. In this way, the market share also increases.
Air blue is currently using product quality leadership to attract new customers at higher prices than domestic airline because their aim is to provide quality product and service. They provide quality food, good word of mouth and comfort seats in Airplane.
Air blue ticket price is equivalent to PIA but Air blue provides excellent quality service
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It includes DESIGN, FEATURES, QAULITY , RANGE, BRAND NAME of product/service etc. In case of airline , the services will include the benefits that it will offer to customer, which is ON GROUND SERVICES, and IN FLIGHT SERVICES.
ON-GROUND SERVICES:
• Airblue was the first one to introduce ‘ E-TICKETING’
• Airblue has contracts with travel agents.
• Airblue sometimes provides discounts on early bookings.
• Provides refunds and exchanges on tickets.
• Airblue has easy payment method.
• Own premium lounge for privileged customers at JINNAH INTERNATIONAL AIRPORT
IN FLIGHT SERVICES:
• In economy class, they have normal seats 32’’ leg pitch and LCD screen after three rows
• In business class, there are leather seats 38’’ leg pitch and personal LCD screen.
• They have made contracts with world class caterer i.e ‘’GATE GOURMET’’ who provide services to world class airlines like EMIRATES, SWISSAIR etc.
Airblue also has e-cargo service to serve the freight market such as UAE and UK.
Furthermore, Executive Pod, International Business class, Economy class, North America economy class are some of the finest examples of services offered to different target market by Air Canada (Air Canada, 2018). Price: Air Canada assure the consumer 's that it 's price the best in the region as it states, "Stop searching far and wide. You’ll always find the lowest Air Canada prices right here on aircanada.com. Air Canada along the way has set itself as brand that is focused on its consumer 's affordability aspect. With its pricing guaranteed approach, the Airline can draw consumers to travel with airline with faith that they have spend their dollar in a smart
For the business-level, Trader Joe’s adopted a differentiation focus strategy. According to our textbook with this strategy, Trader Joe’s seeks to differentiate in its target market. They rely on providing better service than broad-based competitors. Specifically, they focus on the special needs of the buyer in other segments (Dess, Page 159). Joe’s differentiates its self from other grocers by providing a unique shopping experience fortified with their private label goods and great service from their crew members.
The goals created for the organization have to be aligned with the strategic goals and overall mission of the entire organization.
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In today world of intense competitive marketing decisions often become vital distinguishing factors between industry leaders and other market players. The strategic marketing decision is taken based on their marketing mix i.e. 4 P'S of marketing. Controlling these parameters, companies may consider various internal and external marketing challenges. The marketing mix of the firm in a large part is the product of evolution that comes from day to day marketing, the mix represents the program that a management evolved in the ever challenging market (Bordern, 1994). This paper will study the world -known and reputable airline company, Delta Airlines to approach the context of marketing of the U.S Airline Industry.
The Marketing Strategy Behind the Success of Chanel’s N˚5 Fragrance INTRODUCTION Gabriell (Coco) Chanel founded her company in 1913 in Paris, France. The main profile of the company at the beginnings was fashion design by Chanel herself from 1910 to 1971. She was a real innovator on the market.
Corporate Strategy defines the path of a company to achieve long-term goals and objectives. It plays a crucial role in determining the competitive position of an organization. The corporate strategy incorporates all core factors to ensure the success of an organization. Depending on the nature and objectives of the organization, the components of a corporate strategy varies. It is only the corporate strategy that integrates and links the vision, goals, business model and help in appropriate allocation of resources and finally in decision making process.
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Executive Summary JetBlue Airways is a company that applies innovative technologies to offer high quality travel services at a lower cost (Shrivastava, 2012). A SWOT analysis of JetBlue airlines shows that despite the numerous opportunities and strengths it has, it is exposed to threats and weaknesses that pose challenges in its operations. The threats include issues like strong competition from other airlines and the volatility of the fuel prices. JetBlue Airlines is relatively new to the market when compared to its major competitors such as the Southwest and Delta Airlines. Most of its strategies have worked to its benefit.
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Introduction: Here in this assignment a management accounting report needs to be prepared for analyzing how management accounting can be useful in providing the managerial information for the purpose of decision making. The organization selected to make this analysis is Southwest Airline. It is a management accounting report in which starting from the background of the company, the management accounting system of the company has been analyzed and how its’ providing the information for the purpose of management decisions being evaluated. Background of the company: Southwest Airlines was shaped in 1978 with reason to serve voyaging service via air course. What's more, after consolidation southwest aircrafts persistently succeed regarding productivity, great worker and union connection and consumer loyalty.
People define a service that refers to the people who can directly contact with the customer such as staff. One of the crucial part in selling a product is the staff and its service before buying a product. The employees in coca cola’s company have a standard uniform. The company specially focuses on friendly and prompt service to its customers from their employees. Process
The organizations that in various ways are customers of the airport have been summarized as “business, commerce, tourism, arts, sports, and education organizations” (Upham 2003). Some organizations are direct users of the airport by importing or exporting services (i.e. business travellers) and goods (raw materials or finished goods). Other organizations are indirect customers of the airport as a result of their customers (e.g. tourists) traveling through the airport. The term “organizations” is used to encompass both for- profit and not-for-profit
Introduction FlyDubai is a low cost airline that was established at the heart of the global recession by optimistic investors. The airline flight coverage is to regions that are within five hours margin of flying from Dubai. The airline was established by the Emirates government. The airline is not a competitor to the major airlines but poses competition to other low cost airlines. This marketing audit aims at looking at the potential markets for the airline and establishing ways of being established in them.
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