strategic marketing plan focuses on marketing strategies of the SriLankan Airline Strategic Business Unit (SBU)‚ in Sri Lanka. The strategies are concerned with the market‚ product‚ pricing‚ distribution and communication/ promotion strategies for the Srilankan Air Taxi. The time period for the strategic marketing plan for SriLankan airline will take place over 3 years from July 1st 2008 to July 1st 2010. Market strategies for the SriLankan Air Taxi are to employ a multi-market strategy‚ whilst
Premium Marketing Strategic management
MARKETING PLAN OF NEPAL AIRLINES CORPORATION BY: SAROJ BARAL 31 MAY 2013 (INDIVIDUAL ASSIGNMENT) MARKETING AND BUSINESS ENVIRONMENT MBA INTAKE 14 Table of contents 1. Executive summary……………………………………………………………………………………….4 2. Introduction………………………………………………………………………………………………….4 3. Situation analysis of Nepal Airlines Corporation………………………………………...…..5 3.1 Product and services………………………………………………………………………………..5 3.2 Market and competition….…………………………………………………………………...…..5 3.3 Competitors……………………………………………………………………………………………
Premium Marketing Kathmandu Marketing plan
Southwest Airlines is the industry leader in low cost airfare. They began its operation in 1971 with three Texas based routes and began interstate routes in 1978. When Southwest entered the market in 1971 they employed a market penetration pricing approach. They wanted to provide the best service 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
Premium Southwest Airlines Airline Low-cost carrier
Southwest’s traditional pricing strategy? Why has this pricing strategy been so successful throughout the airline’s first three decades? Traditionally‚ Southwest used a low-price strategy. They were known as always offering the cheapest flights. The air line did not serve meals‚ had no assigned seats‚ no electronic entertainment‚ and no retirement plans for employees. Because Southwest had such lower costs‚ they were able to crush competitors. This pricing strategy was so successful throughout
Premium Pricing Airline Loyalty program
Last week we applied the marketing process to a given company which was Jetstar. Firstly we sought to understand the marketplace and the customer needs and wants. We decided that Jetstar’s market was the low cost airline offering very low cost flights in Australia and abroad. The customers in that market are really after the cheapest flight possible while realising that they are sacrificing the comforts provided by a full service airline. Their basic needs and wants ultimately come down to the
Premium Qantas Cost Marketing
Airline Industry: Pricing Structure and Strategies ABSTRACT The profitability of an airline industry depends on filling seats‚ and on the company’s ability successfully to anticipate the cost and price structures of their competitors. However‚ many airline carriers have a hard time accomplishing this because the average airline passenger just needs to travel from one destination to another in the most convenient and shortest amount of time at a reasonable price. Therefore‚ customers in this
Premium Pricing Airline Marketing
Marketing is a vital part of any business and is an integral component of selling any product. Whether the business is a small mom and pop operation or a world leader‚ marketing is a part of the business. Because there are many ways to fulfill the needs of the customer‚ a straight-forward approach is to consider the four "Ps" of the marketing mix. This paper will examine the marketing mix and give examples of the marketing mix as it pertains to Southwest Airlines. The four elements of the marketing
Premium Marketing Airline Southwest Airlines
MKTG 303 Marketing Strategy Assignment 3 Marketing Strategy Models‚ Tools and Techniques NAME: HUANG XIE STUID: 42093694 CLASS: WED 2PM TUTOR: Brenton DUE DATE: 2012-03-28 @5PM Introduction In current dynamic business world‚ there is more and more business that is entering into local and international marketing every day. Moreover‚ for most organisations‚ they must face to all kinds of challenges and threats from their large amount of competitors and this dynamic world. For managers
Premium Marketing Strategic management
CHAPTER 1 – INTRODUCTION 1.1 - Introduction of Starbucks Starbucks‚ as we see today was not there from the very beginning. Starbucks has the very humble start when three coffee fanatics‚ Gerald Baldwin‚ Gordon bowker ‚ and Ziev siegl‚ - opened a small coffee shop in Seattle’s pike place market. Starbucks Corporation is an American global coffee company and coffeehouse chain based in Seattle‚ Washington. Starbucks is the largest coffeehouse company in the world‚ with 20‚366 stores in 61 countries
Premium Starbucks Coffee
Development of Marketing Strategy Market: A market is any one of a variety of different systems‚ institutions‚ procedures‚ social relations and infrastructures whereby businesses sell their goods‚ services and labor to people in exchange for money. Goods and services are sold using a legal tender such as fiat money. This activity forms part of the economy. It is an arrangement that allows buyers and sellers to exchange items. Competition is essential in markets‚ and separates market from trade
Premium Marketing