Changes In Marketing Communication Practices Reduced dependence on mass media Increased reliance on focused communication methods Increased demands on communication suppliers Increased efforts to assess marketing communications ROI (profit to investment ratio‚ used to assess if changes needed to Marketting Comms) Brand Equity Must be aware and hold brand favourable to have equity Equity is enhances when consumers become familiar (favourable‚ strong or unique feelings) Marketing Communications
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Discuss FIVE (5) importance of integrated marketing communications. Give THREE (3) some currents examples of companies that are and are not practicing IMC? 1. Definition of Integrated Marketing Communications (IMC) 1.1. It is an approach used by companies in order to achieve the marketing campaign objectives‚ using different types of promotional method. It could also be said as the coordination and integration of all marketing tools and other sources to achieve maximum impact on customers at minimal
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the characteristics of this category of product. Describe the product; you need to cover all the elements (core benefit‚ actual product and augmented product) Easyjet is a low-cost airline with headquarters in London’s Luton Airport. It’s owned by EasyJet Holding Limited‚ who’s CEO is Stelios Haji-Jannou. EasyJet operates 580 routes around all of Europe and 104 between Europe and airports in northern Africa. The company sells it’s own tickets directly to the user trough the Internet
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MARKETING RESEARH PROJECT Name: Doğancan Yüksel School Number: 110131060 EasyJet Introduction The Airline market’s success or future lies through marketing because this sector is in competition with other modes of transportation such as bus‚ high-speed train. Also‚ the product that airlines serve is a somewhat typical service. Therefore‚ it has to be differentiated with marketing processes. All in all‚ marketing is one of the most elements
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Content 1.Introduction 2 2. Marketing Activities and Results 2 2.1 Marketing Activities 2 2.2 Results 3 3. Environmental Changes and Responses 3 3.1 Macro-environmental and Micro-environmental Changes 3 3.2 Responses 4 3.3 Analysis of Responses 4 4. Evaluation of Marketing Strategies 4 5. Summery and Recommendation 5 6. Appendix: 7 7. Reference 9 Marketing Analysis of easyJet 1.Introduction With the demand on transportation
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Airlines industry is quite highly sensitive to the environmental factors and is profoundly affected by the changes in the political‚ social or the economic environment. The marketing decisions of the industry are to an extent based on political decisions. Also‚ the condition of the world economy determines the nature of its marketing policies. Changing pictures of the political sphere have a deep impact on the aviation industry scene. There are political factors like liberalization‚ terrorism etc
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EasyJet has a unique geographical location because it was born in England. Britain is isolated on geographical conditions‚ across the sea with other countries in the European continents‚ so the aircraft is the most convenient mode of transportation. ‚ but lacking of traditional service. It is more suitable for students and ordinary income people. The development prospects of low-cost airline‚ like easyjet‚ are promising‚ the company is exploring in the dark‚ becoming a good business success stories
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report is based on EasyJet founded in 1995 by Stelios Haji-Ioannou. One of the largest airlines in the United Kingdom and Europe’s leading airline operating on over 600 routes across more than 32 counties. The company offer a number of services from package holidays to car hires bookable via the easyjet.com website‚ the 3rd most searched for airline on a global scale (Google Analytics). With number 1 and 2 market share positions in key airports across Europe‚ this year EasyJet have been voted one
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despite a significant increase in passenger taxes and economic instability around the world. This is a very healthy figure which might grow within the next years as a result of more and more people flying by budget airlines and positive image of Easyjet. Net profit also significantly increased by 60.8 % comparing to last year which is a healthy figure and mainly a result of improved total revenue figure and can result in any future investments in order to generate more profits. Return on capital
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simplify the buying decision process. It is the differential effect of brand knowledge on consumer responses to the marketing of a brand. The two components of Brand equity are Brand awareness and Brand image. The main goal is to make sure that the way the consumer perceives the brand and the way the brand owner defines what the brand stands for overlap as much as possible. EasyJet derives the most from the perceived quality. “The perceived quality refers to; A customer’ opinion of a product’ value
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