Competitive Strategy Asia-Pacific Marketing Federation Certified Professional Marketer Copyright Marketing Institute of Singapore Outline * Introduction * Sustainable competitive advantage (SCA) * Sources of SCA * Strategies for * Market Leaders * Challengers * Followers‚ and * Nichers Introduction * Having a competitive advantage is necessary for a firm to compete in the market * But what is more important is whether
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Girl is personification of Asian values and hospitality described as an icon that links SIA’s commitment to service excellence (Hasan‚ 2009). These activities correspond with the highly skilled management team in terms of formulating effective marketing strategies. 1.2 Aircraft fleets Continuous introductions of aircrafts are conducted by Singapore Airlines‚ with the assistance of rapid technological advancements‚ SIA managed to introduce new aircrafts with a larger passenger capacity and also implement
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ICU: INTRODUCTION TO MARKETING Vladimir V. Bulatov. bbe@voliacable.com We‚ Fr 8:30 LECTURE 12. PRODUCT DEVELOPMENT II. Reading: Ch. 11‚ 12‚ addendum sent onto your e-mails. Three product levels in marketing: 1.Core product: “what the buyer is really buying?” (E.g. Charels Revson [Revlon] recognizes that: “In the factory we make cosmetics; in the store – we sell hope”). Product concept is the idea about benefits‚ not features. 2.Tangible product – a ready-to-use product that has certain
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Question 1 Qantas undertake formal marketing auditing and marketing planning to review the performance and to make corrective action why the fall fallen or reduced for the past year. * Prepare marketing plan that documents the outcomes of the market planning process and also integrating the market planning with other functional elements such as link between the market planning &‚ corporate strategy which reflect the process of identifying &implementing management decisions that are
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MKTG209 Introduction: Qantas Airways Limited is an Australian iconic airline group engaged in the operation of international and domestic air transportation services and the provision of freight services (Market Line‚ 2014). The airline also associates its services with the Jetstar brand‚ with QantasLink‚ Jetstar Asia and Jetstar Pacific grouped under the same business (Passport 2013). With a 17.7% market share of international passengers in Australia (Business Monitor‚ 2011)‚ the company aims
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| | | | | MGMT Team Report: Qantas | Table of Contents Executive summary 1 Introduction to management issue 2 Company’s industry and External environment 2 The internal environment of Qantas 4 Summary of management issue 6 Analysis of management strategies and their effectiveness 7 Recommendations 9 Bibliography 11 Executive summary Qantas‚ Australia’s largest domestic and international airline service‚ has grown immensely since its formation in 1922 and has
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Summary Qantas is one of the most recognised and longest running Australian companies. It is the world’s second oldest airline‚ and has a successful history to uphold (Qantas Web Site‚ 2008). Identification of target markets is imperative to Qantas’s success. Mortished (2003) explains that Qantas uses Behavioural segmentation to select its target market. This allows for the market to be divided and products and advertising to be specifically aimed at the most responsive customers. Qantas divides
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tourism as part of its marketing strategy. This creates a distortion within the airline industry. Other “full cost” airlines had no choice but to drop their prices or create a new branches that cater to that market segment in order to compete. It has not been a good year for Qantas. The Airline has claimed its first quarter loss. The timing of the loss comes as very odd‚ as the first quarter is usually the time they make their profit. Competition is also a huge problem for Qantas. Its on-going capacity
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1.2. Qantas’ stakeholders Stakeholders are all groups and individuals who have an interest in the company being analysed. In order to focus on these groups which have the power to influence‚ corporate level activities have to be identified first. This can include large shareholders‚ governments and trade unions. The power and interest of those stakeholder groups have an impact on the process by which strategy develops at the corporate level and in each individual business. (Williamson et al‚ 2004
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OUR FUTURE AT QANTAS A plan for the future of Australian aircraft maintenance engineeringMESSAGE FROM THE ALLIANCE Planning our future at Qantas Nothing captures the imagination of travellers like aviation. The appeal of passenger aircraft is testament to the engineering behind their technology. And keeping this technology in the air are highly skilled maintenance engineers. Over the years our national carrier Qantas has built up a reputation as an aviation industry leader‚ with engineers
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