for the lowest possible price. They saw that if they cut out certain unnecessary benefits they could lower their ticket price to a level far below that of the competition. They do not have in flight movies‚ meals‚ or first class sections. This strategy has been very cost effective and Southwest passes the savings on to the customer. They chose to focus on pleasure travelers and low-income travelers opposed to business travelers. This allowed them to take advantage of a market‚ which was often
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Social Marketing Strategies Module 7 Reporter: Jhoana Charisa Cabrera-Acosta 1997-69547 DEVC 208 What is Strategy? A carefully devised plan of action to achieve a goal‚ or the art of developing or carrying out such a plan (Microsoft® Encarta® 2009) A careful plan or method (merriam-webster.com) A plan of action or policy designed to achieve a major or overall aim. (http://oxforddictionaries.com) Social Marketing • It is the use of marketing principles and techniques to influence
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providing food‚ drinks‚ etc. for people who are the guests or customers of an organization” is known as hospitality. Hospitality Industry: The hospitality industry is a broad category of fields within the service industry that includes lodging‚ restaurants‚ event planning‚ theme parks‚ transportation‚ cruise line‚ and additional fields within the tourism industry. Relation b/w Hospitality & Tourism industry: The hospitality industry is the supplier of the services for tourism. Food Service
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International Marketing Company: Chronic Tacos. Product: Mexican Fast Food Target Coutry: Brazil Table of Contents Executive Summary 3 Description of Product / Service 4 1. Detailed Description 4 2. Features and Benefits to the customer 5 3. Proprietary Issues 5 4. Modification Needed 6 Rationale for Selection of Country and / or Market 6 1. Describe the Target Market 6 2. Why is this an appropriate market for the company
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Case 1: McDonald’s global marketing strategy 1. Identify the key elements in McDonald’s global marketing strategy (GMS). In particular‚ how does McDonald’s approach the issue of standardization? McDonald’s has become the most famous and successful fast-food restaurants all over the world. The concept of fast food and American-style food (burgers‚ fries) has conquered the world. We can talk about standardization regarding Mcdo’s strategy: the marketing mix is basically the same. Products: Fast
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Gabrielle Dziadkowiec Marketing Management Professor Jacoby Critique of Marketing Strategy PepsiCo Executive Summary The PepsiCo Inc. Company was first established in 1965 by the merger of the Pepsi-Cola Company and Frito Lay‚ Inc.. Today‚ the company is one of the world ’s leading manufacturer in the beverage industry and has also expanded to include a broader range of food and beverage brands‚ operating globally across more than 200 countries with its head office located in Purchase‚
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Social Media in Marketing Strategy Introduction The internet technologies have made dramatic impacts on the traditional marketing activities over the past decade. Especially‚ the boom of social media technologies such as Facebook‚ Twitter‚ blogs and so on in recent years‚ which are fundamentally revolutionizing the ways in which people socialise and exchange information on a daily basis. The YouTube video clip “Gangnam Style” by South Korean singer‚ Park Jae-sang (2012) generated millions of views
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Living and Dining Room Furniture Issues in the Market The vast majority of households struggle with storage issues. Furthermore‚ two fifths (42%) find it difficult to source the right size furniture for their home‚ while over a third (36%) struggle to store/display their possessions. This frustration with lack of space creates significant scope for new clever and flexible storage innovations in living/dining room furniture. Q: How does smaller housing stock affect demand for living/dining
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Kuoni’s Venture in India - A Success “With such an attractive country and such strong growth potential we are determined to ensure that Kuoni retains its leading position in the Indian market. We intend to put a special focus here on outbound travel‚ where we will be promoting vacation travel products for individuals and special-interest tourist in particular. In concrete terms‚ we want to see the turnover of Kuoni Travel India increase by about 15% a year in the next few years.’’ Andrea Hemmi
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Introduction For restaurant operators‚ healthy dining has been a big focus for many years. Now “going green” and socially responsible marketing are key points of emphasis for restaurateurs and consumers alike. In a recent study published in USA Today‚ more than 30 percent of respondents said they “would be willing to sacrifice a percentage of their salary in order to work for an environmentally friendly company” (Brooks‚ 2009). Organic and sustainable product sales have more than doubled since 2000
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