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Contents Purpose of the assignment.....................................................................................3 Issues.....................................................................................................................3 Objectives..............................................................................................................3 History...................................................................................................................3 Mission statement..................................................................................................4 Vision ....................................................................................................................4 Threat of new entrants...........................................................................................5 The threat of substitutes.........................................................................................5 The power of suppliers..........................................................................................6 The ability of customers........................................................................................6 The conflict between existing................................................................................6 Price.......................................................................................................................6 Product...................................................................................................................7 Place.......................................................................................................................7 Support...................................................................................................................7 SWOT-analysis......................................................................................................7 Strength .................................................................................................................7 Weakness...............................................................................................................7 Opportunity............................................................................................................8 Threat.....................................................................................................................8 Analysis of PESTLE-............................................................................................8 Political factors......................................................................................................8 Economic factors...................................................................................................9 Social factors.........................................................................................................9 Technical factors..................................................................................................10 Analysis of the situation......................................................................................10 Review.................................................................................................................10 A critical review of a marketing strategy EasyJet...............................................10 Location...............................................................................................................10 Advertising and Marketing..................................................................................11 Mergers and acquisitions.....................................................................................11 PR tactics Easy Jet Main screen..........................................................................11 Customer Relationship Management...................................................................11 Customer Loyalty................................................................................................12 Conclusion...........................................................................................................12 Recommendation.................................................................................................13
Issues
As compared to the past, there are many changes taking place in the airline industry which has almost evolved the airline industry, taking it to higher standards. Hence, there arises a need to develop new strategies and concepts for EasyJet, in order to survive in this highly competitive market. As there are changes seen in the customer loyalty it has become difficult to implement successful marketing strategies and the marketing issues have become more demanding as well in terms of innovative ideas. The market share Easyjet holds in the low cost airline sector is just 4%, and the market share in the entire low cost airline sector is 9%. In order to gain more market share and for expansion in the low cost airline sector easy jet needs to pay attention to the customer relations and get a competitive edge over its rivals.
Objectives
The marketing strategies and the public relations are to be critically evaluated in this assignment; this is the mission of the assignment. Various barriers in implementing strategies for marketing will also be considered in this assignment.
History
EasyJet was started by Stelios Haji Ioannou, in the year 1995 with 2 aircrafts. Within a very short span easy jet became an established name in the low cost airline sector which also saw an increase in the number of passengers. At present EasyJet operates in more than 32 countries and serves 118 airports in the European Union (thearidb.com). With the modern and the stylish fleet of aircrafts, EasyJet maintained its competitive edge over its competitors in the low cost airline industry. The introduction of ultra economical fares for the same destinations where other airlines charged a higher price worked wonders for the organisation. The first flight took off in the year 1995 in the month of November, with an office relatively small at the Luton airport. Amsterdam was the first international destination served by EasyJet, that too with an aircraft owned by Easy jet in the
year 1996. The launch of the website for the organisation was done in the year 1998, which was a path breaking move in terms of the business prospects for the business. The year 2002 was a significant year for EasyJet as this year saw the unification of EasyJet with another airline GO, this helped to grow the network of EasyJet to a great level. The delivery of the 100th aircraft of EasyJet was done in the year 2005. In the year 2007 the head office of EasyJet was moved to the Hangar 89, at the Luton airport in London, it also served as the engineering base of the airline. The year 2011 saw the delivery of the 200th aircraft of EasyJet. Today EasyJet flies on more than 500 routes, with operations on airports amounting to 130, 30 nations and bases at 19 airports. The annual passenger count is more than 50 million and the daily count of 1200 departures on a daily basis (EasyJet.com).
Mission statement
To provide our customers with safe, good value, point-to-point air services. To effect and to offer a consistent and reliable product and fares appealing to leisure and business markets on a range of European routes. To achieve this we will develop our people and establish lasting relationships with our suppliers (www.easyjet.com)
Vision
We believe people make the difference. It is through the efforts of all our people to deliver our four strategic priorities that we will realise our vision. Analysis of EasyJet One of the best ways to analyse a business is the usage of the Porters five forces model with respect to identify the competition in that particular sector. The efficiency and effectiveness of a business can be determined with the help of this model, and also its profitability. 1. 2. 3. 4. 5. Supplier Power Buyer Power Competitive Rivalry Threat of Substitution Threat of New Entrants
Price
If the price of the ticket site airline agent's positive role in the electronics industry. Internet discussion space can mean a big impact on passengers
If you buy a ticket is a good example of the airline's website, often travelling long summit, which is active.
Product
Company "Internet", "Rent a Car." "Book hotel", "Book", a famous show in Read only "electronic ticket" Airport ". called "Family office package
Place
E-Ticket can be easily Map can begin Phone in advance Ability to sell your house
Support
County in the spring and copyrights, which can have serious consequences for internal development. Campaign seems the best marketing tool. Good salary is effective for airline website
SWOT-analysis Strength
EasyJet, the top 10 in the lower division of the rainbow. The company offers a simple and easy to set up, and said to them, both domestic and international routes. KLM is a leader in the UK and most budgets and hidden costs, second, and high school. Site of the airline has always been and will send emails, presentations, and development. Airlines website offers a good conversation about the Internet and asks if you can help. EasyJet website, you can use this site for more information and promotions. Is part of the leading greenhouse gas models, global warming and economic use of the park service equipment, with the material? Development of business plans in the future, always talking about the environment, an average of 30 minutes or less free services for its passengers.
Weakness
EasyJet is a competitor airlines in Europe, as in many parts of the class. For example, I want to compete with Ryanair and BMI and. The main disadvantage is that Jet is difficult to prove food. Site of the airline staff costs increased wages by more than 13 percent of most jobs. Food that goes up 45% for the high cost of advertising and the company pays 43% more than a year: at the airport, this is composed of 100 percent, to 149 million pounds a year. All disease is the main purpose of the district court adopted.
Opportunity
If not a big market, and the airline's website "to" all-inclusive coverage for more than male immigrants and people are willing to open the way for more and more companies are several daily flights to Paris and Dublin in the UK expansion. Drinks during the year or in the train, on the street now. In the UK weekly here in London, where companies can advertise your business by offering cheap flights for you. Any competitive advantage, this new program offers individual birds often faster, work that provides a new way this time. Discounts can create a special train with new positions, where he founded a new company to go for lunch.
Threat
Airline's website is now the biggest threat here. So many drivers covering the same low price and recovery offer passengers more goals, the price war with Easyjet. Oil prices every day, and finally, the main reason why Libya has high fuel prices directly affect the industry and ferry companies included. Company's food here is a danger for the EU and the main threats to strike, and if Easy Jet, and daily activities, and youth, the problem. This statement, that it is a great event for the airlines' website for passengers who often have business goals. Ryanair Airline's website has a risk for companies in the domestic market where they offer lower prices than: Ryanair number of flights on domestic routes the airline's website.
Economic factors
If the world becomes a global village, the airline's website is a great way to improve long-term programs. The cost of fuel and environmental factors such as security, and the site airline congestion is an economic factor. EasyJet financial crises in different parts of the business if the price is very difficult to spend money where people are and how they are used. EasyJet, three simple steps, without discussion, capacity to monitor the air, and I dined with the business focus of one product with no fillers. website airline operates short routes, and from point to point movement and use of secondary airports with guerrilla warfare, the company pays low wages, low maintenance, carried out in front and low and high traffic. Companies also benefit from mergers and acquisitions of small companies and others here, he left the company. Ryanair suffers oil prices increased by 45 percent the war in Libya. High operating costs and service companies in the region. He was sent, this difficult situation I Low GA Council.
Social factors
Social factors that affect the majority of European travellers to book tickets. Credit cards online and do not think the ad mentioned here: EasyJet is good that the company undertakes to contribute to this problem for tourists. The contribution of local firms, advertising international companies doing business in rap. Important consequences ferry industry, business is divided into the airline's website; think about yourself in the strategic plan. To focus on the whole. Site of the airline, the best in Europe, and 10 in the second case sent to the lower classes, and moves 26 million passengers in these areas across Europe.
Technical factors
During this period, most companies developing technologies, the amount of time using the new technology. Aviation industry to introduce new technology to market. Senior Ryan, the reduction in orders to improve products, new technology or new technology, e-cards and mobile services, and continues to this day. The company can provide the best price for you and your customers. Strengthening leadership position by EasyJet to promote environment friendly maintenance company. New technology, users can compare ticket prices low for the best company at the same time. Traveller, if you cannot pay for tickets.
Review
In this section, low-cost marketing strategies and techniques to explore the relationship between the public, you will learn in a competitive airline EasyJet itself. Some consumers are very sensitive price; they are policy matrix screen Easy Jet price in freedom and free-throw time.
help. An easy profit to provide services, increase customer was 154 million users in 2010 were very attentive. The company also just two hours before the passengers, the trip can be changed; the user must provide a quick access to the system can be controlled quickly.
Customer Loyalty
EasyJet established relationships with our customers to remain loyal customer orders. I play a low price, providing access to their needs and set point of travel. The company also offers its users to change their flight. EasyJet is a contract that gives the organization to attract customers from the airport car rental, transfer away from him. Consumers can trust the data, a choice of accommodation and rental cars, international destination. Simply eat loyalty card program for frequent visitors. You can immediately, except for the customers, with the same priority, and this program. Food, first in the system, asked to check, it will be faster for them. This card enables storage of EasyJet. Another problem is that visitors will be amazed at school, compared with a due card, reducing the value of the goods of other programs.
Conclusion
The purpose of this exercise is to critically evaluate marketing strategy for the airline's website and public relations tactics. This study examines the marketing strategy and public relations strategies of EasyJet, which is an important need for easyJet. The Company adopted policy and implementation strategies are important, but there are some lines that can offer progress. There is no doubt: "It was one of the most successful companies with five years of aviation airline website." Marketing strategy based on quality, EasyJet. The EasyJet from London Luton Airport airline in Europe and the United Kingdom is known. Easy Jet needs new ideas and strategies, such as aviation and space industry has become more competitive as it once was. The two companies have the money in advertising and marketing. It supports the marketing strategy for the company. Currently, the aviation industry with low cost airline has a market share of 9% and 4% market share in the airline industry. We need new ideas to promote the business. The airline offers low prices, without the travel agents. The low, but can be an effective treatment for the small market, or the public to be, and must ensure that the airline's Web site and related to the optimization of business processes. Stranded costs and the risk of Easy Jet, and "for the company that the majority of cases, parties, and offer our customers receive the bills. EasyJet expands service and employ more performance with the company. It is a problem and can run companies and can save a good relationship with suppliers, if handled efficiently. Order online, is useful to make a positive impact on passengers. Develop a marketing plan for a good relationship with customers throughout the region. All companies, customers with cheap and affordable prices are very cheap. The company used emarketing tools to improve business processes. The competition is strong and very hard to
expand its position as market leader. Companies, the impact on the business tourism market and offer for free to improve.
Recommendation
Develop new sources of marketing to maintain its leading position in the market and lead to long-term strategies and short-term trading. Aviation industry is still based on cheap fares, the company must demonstrate innovative models of promotions, there are several options that can also for business clients in the community. Set a regular customer of the company's more important than "satisfied customers" give back to society. When the client to achieve with the proposal, the merged company and services to attract new customers happy. The client always thinks is because of low prices, quality of services the company will increase efficiency. Employee motivation, customer satisfaction can be the key to EasyJets success. This is to encourage employees to promote the airline website and if you do so more can be driven to improve customer service. Meeting Flyers repeated contact with customers and regular customers, so it's good for business. Phone and e-mail is as loyal as a matter of business for retaining good customers. Marketing and advertising can be mass society to airline's website to be a great marketing strategy to be in the short to medium term.
References
History of easyJet [Online]. Available from :< www.easyjet.com> [Accessed 22 May 2012]. Mission statement [Online]. Available from :< www.easyjet.com> [Accessed 22 May 2012]. Vision [Online]. Available from :< www.easyjet.com> [Accessed 22 May 2012]. History of easyJet [Online]. Available from <http://www.lonympics.co.uk/new/easy.htm>[Accessed 22 May 2012]. Figure1 [Online]. Available from <http://tutor2u.net/business/strategy/porter_five_forces.htm>[Accessed 25 May 2012]. SWOT analysis [Online]. Available from :< www.easyjet.com> [Accessed 26 May 2012]. PEST analysis [Online]. Available from :< http://www.managementparadise.com/forums/principles-management-p-o-m/208678-pestanalysis-easyjet-airline-company-limited.html> [Accessed 29 May 2012]. Figure 2 top 10 airlines [Online]. Available from :< http://www.centreforaviation.com/news/2011/06/01/us-carriers-are-biggest-earners-as-ancillaryrevenues-top-usd21bn/page1>[Accessed 15 June 2012]. Bowman, C. & Faulkner, D.O. (1997) The Customer Matrix. Competitive and Corporate Strategy. Irwin: London.
Dixon, A (2000). EasyJet Case Study. Matters Media [Online]. Available from :< http://www.newspapersoc.org.uk/documents/publications/case-studies/easyJet > [Accessed 15 June 2012]. Customer Relation By Leo King | Published: 15:20 GMT, 19 November 10 [Online]. Available from :< http://www.cio.co.uk/news/3249566/easyjet-targets-improved-crm-system-as-profits-flyhigh/> [Accessed 20 June 2012]. Mergers and Acquisitions on Financial Times (2004) EasyJet and Go Merger, Financial Times. Customer Loyalty [Online]. Available from :< http://www.europcar.co.uk/EBE/module/render/PARTNERS> [Accessed 20 June 2012].
Frequent FlayerPublished: 13/03/2008 - Filed under: News [Online]. Available from :< http://www.businesstraveller.com/news/easyjet-launches-frequent-flyer-card [Accessed 21 June 2012].