SlideShare ist ein Scribd-Unternehmen logo
1 von 13
ASWATHI. P
 The words “sales,” “revenue” and “income” have
different meanings, and become confusing if used as
synonyms.
 “Sales” refers to the number of units of your product
you sell.
 “revenues” refers to the total amount money your
sales generates,
 “income” refers to your profit from those sales.
 “sales” and “revenues” is a common occurrence in
business.
 In marketing, just like in business, everything
starts with strategic planning.
 When it comes to general aviation
marketing, strategic planning involves a
continuous process that must take into
account both the ever-changing aviation
environment and customer demands.
 Identify your target market.
 Facts or assumptions – the time has come for you
to choose. If you’ve just tipped the scale toward
the former, sophisticated data analytics tools
enable you to collect, analyze and interpret the
information you need in order to create complex
customer profiles and make decisions based on
facts instead of assumptions.
 marketing analytics tools can help a company
build a better customer experience in a more
personalized, compelling and rewarding
engagement model.
 A unique customer engagement model can set
your company apart from the competition.
 Develop a clear insight into why a customer would choose your
company.
 So, you’ve already figured out the core needs your air charter
solutions can meet.
 Next-You can start focusing on developing additional services and
products that can enhance the overall customer experience.
 Based on a survey of 5,871 respondents in 17 countries, any
business operating within the aviation industry, including Part 135
flight carriers, could leverage the customer experience by:
– perfecting the mobile versions of their websites; this way,
customers can get live quotes within minutes, book flights via
their mobile devices, receive real-time, round-the-clock
notifications about departure dates, times and facilities, etc.
– making available different mobile applications customers can
use to check things like travel and tour operators around the
world, navigation charts, optimal routes, weather updates,
airport facility information, etc.;
– providing self-service and mobile check-in
solutions that accelerate the check-in process;
– offering exclusive menus and in-flight
entertainment (e.g. allowing customers to stay
connected to the ground and use their own
devices on planes).
 Offering unique products and services can help
you attract more clients and even turn an
occasional traveler, who has missed his
scheduled airline flight, into a repeat customer.
 Determine who your competitors are.
 Identifying your competitors is one of the key aspects
of your aviation marketing plan.
 Make sure you take the time to study your
competitors in depth.
 Also, determine the competitors outside your
industry niche, but just as capable of luring your
potential clients away.
 Knowing your competitors’ strengths and weaknesses,
and understanding how your products and services
differ from what’s available on today’s charter flight
market can help you find new ways to gain a larger
market share.
 Increase your existing customer base.
 Before looking at new charter flight markets, think
about how your company can get the most out of the
markets it already serves.
 You could, for instance, try to figure out why some
customers prefer your competitors over you and
consider new ways of improving customer retention.
 After you fill all the gaps you can in your current
market segment, it’s important to: review your
company’s ability to serve new air charter markets;
check whether potential markets are already
saturated with competitors or not; and analyze the
industry trends characterizing those markets. All
these aspects are very important to determine if you
can compete successfully in new market segments.
 Focus on market penetration.
 Entering new markets is the quintessence of global business
expansion
 If you adopt several aviation marketing strategies that can steer
your company in the right direction. Some areas you should focus
on are:
-international branding and marketing programs, which allow you
to advertise your company in new markets for air charter services
via business-to-business promotions, consumer incentive
programs, trade shows, conventions, industry summits, social
media, email marketing, etc.;
-sales efforts (e.g. publish press releases that build corporate and
brand identity, etc.)
-competitive strategies (e.g. building a competitive pricing
strategy, matching or exceeding your competitors’ offerings,
implementing a defensive competitive strategy, etc.).
 Adopt the right diversification strategy for
each market.
 Once you’ve entered a new market, you’ll want
to determine the right diversification strategy.
There are two “paths” you can follow:
 1) an offensive marketing strategy, which can
help you grow your market reach and share;
 2) a defensive marketing strategy that you can
use to focus on extending the life cycle of
stagnant market segments and prevent them
from shrinking.
 Monitor results.
 Evaluating marketing results should be a
logical extension of any aviation marketing
plan.
 Marketing performance metrics are useful in
determining not only what areas of your
marketing strategy help you achieve your
goals but also what areas you need to
improve.
 Business growth depends on all those “little”
things you do to make it happen.
 Since you’re competing with many air
charter service providers both in domestic
and global markets, developing a strategic
aviation marketing plan that can evolve
along with your company is essential for
achieving sustainable business growth
Thank you………..

Weitere ähnliche Inhalte

Was ist angesagt?

Airline Marketing 7. pricing and revenue management
Airline Marketing 7. pricing and revenue managementAirline Marketing 7. pricing and revenue management
Airline Marketing 7. pricing and revenue managementNarudh Cheramakara
 
Business plan presentation
Business plan presentationBusiness plan presentation
Business plan presentationHamed Jabbari
 
Airline Marketing 6 airline product analysis
Airline Marketing 6  airline product analysisAirline Marketing 6  airline product analysis
Airline Marketing 6 airline product analysisNarudh Cheramakara
 
Revenue management overview
Revenue management overviewRevenue management overview
Revenue management overviewchinichiang0707
 
Airline Marketing 2 principle of marketing
Airline Marketing 2 principle of marketingAirline Marketing 2 principle of marketing
Airline Marketing 2 principle of marketingNarudh Cheramakara
 
Marketing of airlines ppt
Marketing of airlines pptMarketing of airlines ppt
Marketing of airlines pptvaibhav makwana
 
Airline pricing strategies and revenue management
Airline pricing strategies and revenue managementAirline pricing strategies and revenue management
Airline pricing strategies and revenue managementAMALDASKH
 
Emirates - Business Model Case Study
Emirates - Business Model Case StudyEmirates - Business Model Case Study
Emirates - Business Model Case StudyHarshit Jhawar
 
Emirates ppt
Emirates pptEmirates ppt
Emirates pptMir Haris
 
GDS, The Reason Behind Growth of Airline Industry
GDS, The Reason Behind Growth of Airline IndustryGDS, The Reason Behind Growth of Airline Industry
GDS, The Reason Behind Growth of Airline IndustryDebajani Mohanty
 
Introduction to Airline Industry
Introduction to Airline IndustryIntroduction to Airline Industry
Introduction to Airline Industryvivianmeril
 

Was ist angesagt? (20)

AIrline Marketing Innovation
AIrline Marketing InnovationAIrline Marketing Innovation
AIrline Marketing Innovation
 
Airline Marketing 7. pricing and revenue management
Airline Marketing 7. pricing and revenue managementAirline Marketing 7. pricing and revenue management
Airline Marketing 7. pricing and revenue management
 
Business plan presentation
Business plan presentationBusiness plan presentation
Business plan presentation
 
Airline Marketing 6 airline product analysis
Airline Marketing 6  airline product analysisAirline Marketing 6  airline product analysis
Airline Marketing 6 airline product analysis
 
Revenue management overview
Revenue management overviewRevenue management overview
Revenue management overview
 
Airline Marketing 2 principle of marketing
Airline Marketing 2 principle of marketingAirline Marketing 2 principle of marketing
Airline Marketing 2 principle of marketing
 
Airlines analysis
Airlines analysisAirlines analysis
Airlines analysis
 
Emirates
EmiratesEmirates
Emirates
 
Airline Marketing 9. branding
Airline Marketing 9. brandingAirline Marketing 9. branding
Airline Marketing 9. branding
 
Airport management
Airport managementAirport management
Airport management
 
Air Travel Product Levels
Air Travel Product LevelsAir Travel Product Levels
Air Travel Product Levels
 
Marketing of airlines ppt
Marketing of airlines pptMarketing of airlines ppt
Marketing of airlines ppt
 
Airline pricing strategies and revenue management
Airline pricing strategies and revenue managementAirline pricing strategies and revenue management
Airline pricing strategies and revenue management
 
Emirates - Business Model Case Study
Emirates - Business Model Case StudyEmirates - Business Model Case Study
Emirates - Business Model Case Study
 
Emirates ppt
Emirates pptEmirates ppt
Emirates ppt
 
Airfare pricing process & strategies
Airfare pricing process & strategiesAirfare pricing process & strategies
Airfare pricing process & strategies
 
Emirates ppt
Emirates pptEmirates ppt
Emirates ppt
 
GDS, The Reason Behind Growth of Airline Industry
GDS, The Reason Behind Growth of Airline IndustryGDS, The Reason Behind Growth of Airline Industry
GDS, The Reason Behind Growth of Airline Industry
 
Introduction to Airline Industry
Introduction to Airline IndustryIntroduction to Airline Industry
Introduction to Airline Industry
 
Airline Industry
Airline IndustryAirline Industry
Airline Industry
 

Ähnlich wie Marketing strategies adopted by airlines to increase their revenue

MarketSegmentationChapter[1].docx
MarketSegmentationChapter[1].docxMarketSegmentationChapter[1].docx
MarketSegmentationChapter[1].docxAbdiGeleta6
 
What are the strategies for business startup ittisa
What are the strategies for business startup   ittisaWhat are the strategies for business startup   ittisa
What are the strategies for business startup ittisaIttisa
 
Entrepreneurship Summit IIT Kgp How To Write A Business Plan 03 11 2007
Entrepreneurship Summit IIT Kgp How To Write A Business Plan 03 11 2007Entrepreneurship Summit IIT Kgp How To Write A Business Plan 03 11 2007
Entrepreneurship Summit IIT Kgp How To Write A Business Plan 03 11 2007Prof Parameshwar P Iyer
 
Entrepreneurship Summit Iit Kgp How To Write A Business Plan 03 11 2007
Entrepreneurship Summit Iit Kgp How To Write A Business Plan 03 11 2007Entrepreneurship Summit Iit Kgp How To Write A Business Plan 03 11 2007
Entrepreneurship Summit Iit Kgp How To Write A Business Plan 03 11 2007Prof Parameshwar P Iyer
 
Building a effective digital markting strategy
Building a effective digital markting strategyBuilding a effective digital markting strategy
Building a effective digital markting strategysandeep yadav
 
Steven geffen digital marketing strategy quirk textbook 5
Steven geffen digital marketing strategy quirk textbook 5Steven geffen digital marketing strategy quirk textbook 5
Steven geffen digital marketing strategy quirk textbook 5Steven Geffen
 
Kwanzoo ABM Best Practices Guide
Kwanzoo ABM Best Practices GuideKwanzoo ABM Best Practices Guide
Kwanzoo ABM Best Practices GuideKwanzoo Inc
 
Paid Media Process & Strategy
Paid Media Process & StrategyPaid Media Process & Strategy
Paid Media Process & StrategyAmy Murray
 
Event management business plan
Event management business planEvent management business plan
Event management business planInfocrest
 
Marketing planning for on the activities
Marketing planning for on the activitiesMarketing planning for on the activities
Marketing planning for on the activitiesgaurav jain
 
Business Plan Outline
Business Plan OutlineBusiness Plan Outline
Business Plan OutlineRandomHavoc
 
Life cycle marketing for the automotive services industry
Life cycle marketing for the automotive services industryLife cycle marketing for the automotive services industry
Life cycle marketing for the automotive services industryCatalyst
 
Chapter no 6 of BPP By Aamir Mugheri
Chapter no 6 of BPP By Aamir MugheriChapter no 6 of BPP By Aamir Mugheri
Chapter no 6 of BPP By Aamir MugheriAamir Mugheri
 
Marketing-plan template.doc
Marketing-plan template.docMarketing-plan template.doc
Marketing-plan template.docAbo Bakr El Omda
 
Business plan contents
Business plan contentsBusiness plan contents
Business plan contentsTelenor
 

Ähnlich wie Marketing strategies adopted by airlines to increase their revenue (20)

Airlines marketing
Airlines marketingAirlines marketing
Airlines marketing
 
MarketSegmentationChapter[1].docx
MarketSegmentationChapter[1].docxMarketSegmentationChapter[1].docx
MarketSegmentationChapter[1].docx
 
What are the strategies for business startup ittisa
What are the strategies for business startup   ittisaWhat are the strategies for business startup   ittisa
What are the strategies for business startup ittisa
 
Marketing
MarketingMarketing
Marketing
 
Entrepreneurship Summit IIT Kgp How To Write A Business Plan 03 11 2007
Entrepreneurship Summit IIT Kgp How To Write A Business Plan 03 11 2007Entrepreneurship Summit IIT Kgp How To Write A Business Plan 03 11 2007
Entrepreneurship Summit IIT Kgp How To Write A Business Plan 03 11 2007
 
Entrepreneurship Summit Iit Kgp How To Write A Business Plan 03 11 2007
Entrepreneurship Summit Iit Kgp How To Write A Business Plan 03 11 2007Entrepreneurship Summit Iit Kgp How To Write A Business Plan 03 11 2007
Entrepreneurship Summit Iit Kgp How To Write A Business Plan 03 11 2007
 
Building a effective digital markting strategy
Building a effective digital markting strategyBuilding a effective digital markting strategy
Building a effective digital markting strategy
 
Steven geffen digital marketing strategy quirk textbook 5
Steven geffen digital marketing strategy quirk textbook 5Steven geffen digital marketing strategy quirk textbook 5
Steven geffen digital marketing strategy quirk textbook 5
 
Module 3.pptx
Module 3.pptxModule 3.pptx
Module 3.pptx
 
Module 3.pptx
Module 3.pptxModule 3.pptx
Module 3.pptx
 
Kwanzoo ABM Best Practices Guide
Kwanzoo ABM Best Practices GuideKwanzoo ABM Best Practices Guide
Kwanzoo ABM Best Practices Guide
 
Paid Media Process & Strategy
Paid Media Process & StrategyPaid Media Process & Strategy
Paid Media Process & Strategy
 
Event management business plan
Event management business planEvent management business plan
Event management business plan
 
Marketing planning for on the activities
Marketing planning for on the activitiesMarketing planning for on the activities
Marketing planning for on the activities
 
Business Plan Outline
Business Plan OutlineBusiness Plan Outline
Business Plan Outline
 
Life cycle marketing for the automotive services industry
Life cycle marketing for the automotive services industryLife cycle marketing for the automotive services industry
Life cycle marketing for the automotive services industry
 
Chapter no 6 of BPP By Aamir Mugheri
Chapter no 6 of BPP By Aamir MugheriChapter no 6 of BPP By Aamir Mugheri
Chapter no 6 of BPP By Aamir Mugheri
 
Marketing-plan template.doc
Marketing-plan template.docMarketing-plan template.doc
Marketing-plan template.doc
 
Business plan contents
Business plan contentsBusiness plan contents
Business plan contents
 
Marketing strategy
Marketing strategyMarketing strategy
Marketing strategy
 

Mehr von AMALDASKH

RURAL TOURISM SITES IN INDIA AND ETP PROJECT
RURAL TOURISM SITES IN INDIA AND ETP PROJECTRURAL TOURISM SITES IN INDIA AND ETP PROJECT
RURAL TOURISM SITES IN INDIA AND ETP PROJECTAMALDASKH
 
Organizational Charts & Manuals
Organizational Charts & ManualsOrganizational Charts & Manuals
Organizational Charts & ManualsAMALDASKH
 
Staffing in Management
Staffing in Management Staffing in Management
Staffing in Management AMALDASKH
 
Leadership in Management - Styles, Approaches and Theories
Leadership in Management - Styles, Approaches and TheoriesLeadership in Management - Styles, Approaches and Theories
Leadership in Management - Styles, Approaches and TheoriesAMALDASKH
 
Supervision - Types, Techniques, Function and Responsibilities of of Supervisor
Supervision - Types, Techniques, Function and Responsibilities of of SupervisorSupervision - Types, Techniques, Function and Responsibilities of of Supervisor
Supervision - Types, Techniques, Function and Responsibilities of of SupervisorAMALDASKH
 
Directing in Management - Principles and Techniques
Directing in Management - Principles and TechniquesDirecting in Management - Principles and Techniques
Directing in Management - Principles and TechniquesAMALDASKH
 
Controlling in Management - Definition,Scope,Steps,Techniques
Controlling in Management - Definition,Scope,Steps,TechniquesControlling in Management - Definition,Scope,Steps,Techniques
Controlling in Management - Definition,Scope,Steps,TechniquesAMALDASKH
 
Span of management
Span of managementSpan of management
Span of managementAMALDASKH
 
Departmentation in Management
Departmentation in ManagementDepartmentation in Management
Departmentation in ManagementAMALDASKH
 
Development of management thought
Development of management thoughtDevelopment of management thought
Development of management thoughtAMALDASKH
 
DECISION MAKING – DEFINITION, CHARACTERISTICS, ELEMENTS, PROCESS, TYPES AND P...
DECISION MAKING – DEFINITION, CHARACTERISTICS, ELEMENTS, PROCESS, TYPES AND P...DECISION MAKING – DEFINITION, CHARACTERISTICS, ELEMENTS, PROCESS, TYPES AND P...
DECISION MAKING – DEFINITION, CHARACTERISTICS, ELEMENTS, PROCESS, TYPES AND P...AMALDASKH
 
MANAGEMENT BY OBJECTIVES - FEATURES, PROCESS, BENEFITS, LIMITATIONS
 MANAGEMENT BY OBJECTIVES - FEATURES, PROCESS, BENEFITS, LIMITATIONS MANAGEMENT BY OBJECTIVES - FEATURES, PROCESS, BENEFITS, LIMITATIONS
MANAGEMENT BY OBJECTIVES - FEATURES, PROCESS, BENEFITS, LIMITATIONSAMALDASKH
 
Forecasting in Management- Methods,features,advantages,importance and process
Forecasting in Management- Methods,features,advantages,importance and processForecasting in Management- Methods,features,advantages,importance and process
Forecasting in Management- Methods,features,advantages,importance and processAMALDASKH
 
PLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONS
PLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONSPLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONS
PLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONSAMALDASKH
 
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTION
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTIONMANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTION
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTIONAMALDASKH
 
SCHENGEN COUNTRIES,SCHENGEN VISA IMPORTANCE AND ITS TYPES
SCHENGEN COUNTRIES,SCHENGEN VISA IMPORTANCE AND ITS TYPESSCHENGEN COUNTRIES,SCHENGEN VISA IMPORTANCE AND ITS TYPES
SCHENGEN COUNTRIES,SCHENGEN VISA IMPORTANCE AND ITS TYPESAMALDASKH
 
Water transportation history and new trends
Water transportation history and new trendsWater transportation history and new trends
Water transportation history and new trendsAMALDASKH
 
Trade shows history and importance
Trade shows history and importanceTrade shows history and importance
Trade shows history and importanceAMALDASKH
 
The international association of convention and visitors bureaus
The international association of convention and visitors bureausThe international association of convention and visitors bureaus
The international association of convention and visitors bureausAMALDASKH
 
Temporary tourism businesses events, conferences, conventions
Temporary tourism businesses events, conferences, conventionsTemporary tourism businesses events, conferences, conventions
Temporary tourism businesses events, conferences, conventionsAMALDASKH
 

Mehr von AMALDASKH (20)

RURAL TOURISM SITES IN INDIA AND ETP PROJECT
RURAL TOURISM SITES IN INDIA AND ETP PROJECTRURAL TOURISM SITES IN INDIA AND ETP PROJECT
RURAL TOURISM SITES IN INDIA AND ETP PROJECT
 
Organizational Charts & Manuals
Organizational Charts & ManualsOrganizational Charts & Manuals
Organizational Charts & Manuals
 
Staffing in Management
Staffing in Management Staffing in Management
Staffing in Management
 
Leadership in Management - Styles, Approaches and Theories
Leadership in Management - Styles, Approaches and TheoriesLeadership in Management - Styles, Approaches and Theories
Leadership in Management - Styles, Approaches and Theories
 
Supervision - Types, Techniques, Function and Responsibilities of of Supervisor
Supervision - Types, Techniques, Function and Responsibilities of of SupervisorSupervision - Types, Techniques, Function and Responsibilities of of Supervisor
Supervision - Types, Techniques, Function and Responsibilities of of Supervisor
 
Directing in Management - Principles and Techniques
Directing in Management - Principles and TechniquesDirecting in Management - Principles and Techniques
Directing in Management - Principles and Techniques
 
Controlling in Management - Definition,Scope,Steps,Techniques
Controlling in Management - Definition,Scope,Steps,TechniquesControlling in Management - Definition,Scope,Steps,Techniques
Controlling in Management - Definition,Scope,Steps,Techniques
 
Span of management
Span of managementSpan of management
Span of management
 
Departmentation in Management
Departmentation in ManagementDepartmentation in Management
Departmentation in Management
 
Development of management thought
Development of management thoughtDevelopment of management thought
Development of management thought
 
DECISION MAKING – DEFINITION, CHARACTERISTICS, ELEMENTS, PROCESS, TYPES AND P...
DECISION MAKING – DEFINITION, CHARACTERISTICS, ELEMENTS, PROCESS, TYPES AND P...DECISION MAKING – DEFINITION, CHARACTERISTICS, ELEMENTS, PROCESS, TYPES AND P...
DECISION MAKING – DEFINITION, CHARACTERISTICS, ELEMENTS, PROCESS, TYPES AND P...
 
MANAGEMENT BY OBJECTIVES - FEATURES, PROCESS, BENEFITS, LIMITATIONS
 MANAGEMENT BY OBJECTIVES - FEATURES, PROCESS, BENEFITS, LIMITATIONS MANAGEMENT BY OBJECTIVES - FEATURES, PROCESS, BENEFITS, LIMITATIONS
MANAGEMENT BY OBJECTIVES - FEATURES, PROCESS, BENEFITS, LIMITATIONS
 
Forecasting in Management- Methods,features,advantages,importance and process
Forecasting in Management- Methods,features,advantages,importance and processForecasting in Management- Methods,features,advantages,importance and process
Forecasting in Management- Methods,features,advantages,importance and process
 
PLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONS
PLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONSPLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONS
PLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONS
 
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTION
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTIONMANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTION
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTION
 
SCHENGEN COUNTRIES,SCHENGEN VISA IMPORTANCE AND ITS TYPES
SCHENGEN COUNTRIES,SCHENGEN VISA IMPORTANCE AND ITS TYPESSCHENGEN COUNTRIES,SCHENGEN VISA IMPORTANCE AND ITS TYPES
SCHENGEN COUNTRIES,SCHENGEN VISA IMPORTANCE AND ITS TYPES
 
Water transportation history and new trends
Water transportation history and new trendsWater transportation history and new trends
Water transportation history and new trends
 
Trade shows history and importance
Trade shows history and importanceTrade shows history and importance
Trade shows history and importance
 
The international association of convention and visitors bureaus
The international association of convention and visitors bureausThe international association of convention and visitors bureaus
The international association of convention and visitors bureaus
 
Temporary tourism businesses events, conferences, conventions
Temporary tourism businesses events, conferences, conventionsTemporary tourism businesses events, conferences, conventions
Temporary tourism businesses events, conferences, conventions
 

Kürzlich hochgeladen

Disha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfDisha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfchloefrazer622
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfJayanti Pande
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesFatimaKhan178732
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 
social pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajansocial pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajanpragatimahajan3
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docxPoojaSen20
 
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDMeasures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDThiyagu K
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityGeoBlogs
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdfQucHHunhnh
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdfSoniaTolstoy
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxSayali Powar
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingTechSoup
 
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionMastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionSafetyChain Software
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3JemimahLaneBuaron
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeThiyagu K
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introductionMaksud Ahmed
 
9548086042 for call girls in Indira Nagar with room service
9548086042  for call girls in Indira Nagar  with room service9548086042  for call girls in Indira Nagar  with room service
9548086042 for call girls in Indira Nagar with room servicediscovermytutordmt
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAssociation for Project Management
 
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...anjaliyadav012327
 

Kürzlich hochgeladen (20)

Disha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfDisha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdf
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdf
 
Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and Actinides
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 
social pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajansocial pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajan
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docx
 
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDMeasures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SD
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
 
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionMastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory Inspection
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and Mode
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
9548086042 for call girls in Indira Nagar with room service
9548086042  for call girls in Indira Nagar  with room service9548086042  for call girls in Indira Nagar  with room service
9548086042 for call girls in Indira Nagar with room service
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across Sectors
 
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
 

Marketing strategies adopted by airlines to increase their revenue

  • 2.  The words “sales,” “revenue” and “income” have different meanings, and become confusing if used as synonyms.  “Sales” refers to the number of units of your product you sell.  “revenues” refers to the total amount money your sales generates,  “income” refers to your profit from those sales.  “sales” and “revenues” is a common occurrence in business.
  • 3.  In marketing, just like in business, everything starts with strategic planning.  When it comes to general aviation marketing, strategic planning involves a continuous process that must take into account both the ever-changing aviation environment and customer demands.
  • 4.  Identify your target market.  Facts or assumptions – the time has come for you to choose. If you’ve just tipped the scale toward the former, sophisticated data analytics tools enable you to collect, analyze and interpret the information you need in order to create complex customer profiles and make decisions based on facts instead of assumptions.  marketing analytics tools can help a company build a better customer experience in a more personalized, compelling and rewarding engagement model.  A unique customer engagement model can set your company apart from the competition.
  • 5.  Develop a clear insight into why a customer would choose your company.  So, you’ve already figured out the core needs your air charter solutions can meet.  Next-You can start focusing on developing additional services and products that can enhance the overall customer experience.  Based on a survey of 5,871 respondents in 17 countries, any business operating within the aviation industry, including Part 135 flight carriers, could leverage the customer experience by: – perfecting the mobile versions of their websites; this way, customers can get live quotes within minutes, book flights via their mobile devices, receive real-time, round-the-clock notifications about departure dates, times and facilities, etc. – making available different mobile applications customers can use to check things like travel and tour operators around the world, navigation charts, optimal routes, weather updates, airport facility information, etc.;
  • 6. – providing self-service and mobile check-in solutions that accelerate the check-in process; – offering exclusive menus and in-flight entertainment (e.g. allowing customers to stay connected to the ground and use their own devices on planes).  Offering unique products and services can help you attract more clients and even turn an occasional traveler, who has missed his scheduled airline flight, into a repeat customer.
  • 7.  Determine who your competitors are.  Identifying your competitors is one of the key aspects of your aviation marketing plan.  Make sure you take the time to study your competitors in depth.  Also, determine the competitors outside your industry niche, but just as capable of luring your potential clients away.  Knowing your competitors’ strengths and weaknesses, and understanding how your products and services differ from what’s available on today’s charter flight market can help you find new ways to gain a larger market share.
  • 8.  Increase your existing customer base.  Before looking at new charter flight markets, think about how your company can get the most out of the markets it already serves.  You could, for instance, try to figure out why some customers prefer your competitors over you and consider new ways of improving customer retention.  After you fill all the gaps you can in your current market segment, it’s important to: review your company’s ability to serve new air charter markets; check whether potential markets are already saturated with competitors or not; and analyze the industry trends characterizing those markets. All these aspects are very important to determine if you can compete successfully in new market segments.
  • 9.  Focus on market penetration.  Entering new markets is the quintessence of global business expansion  If you adopt several aviation marketing strategies that can steer your company in the right direction. Some areas you should focus on are: -international branding and marketing programs, which allow you to advertise your company in new markets for air charter services via business-to-business promotions, consumer incentive programs, trade shows, conventions, industry summits, social media, email marketing, etc.; -sales efforts (e.g. publish press releases that build corporate and brand identity, etc.) -competitive strategies (e.g. building a competitive pricing strategy, matching or exceeding your competitors’ offerings, implementing a defensive competitive strategy, etc.).
  • 10.  Adopt the right diversification strategy for each market.  Once you’ve entered a new market, you’ll want to determine the right diversification strategy. There are two “paths” you can follow:  1) an offensive marketing strategy, which can help you grow your market reach and share;  2) a defensive marketing strategy that you can use to focus on extending the life cycle of stagnant market segments and prevent them from shrinking.
  • 11.  Monitor results.  Evaluating marketing results should be a logical extension of any aviation marketing plan.  Marketing performance metrics are useful in determining not only what areas of your marketing strategy help you achieve your goals but also what areas you need to improve.
  • 12.  Business growth depends on all those “little” things you do to make it happen.  Since you’re competing with many air charter service providers both in domestic and global markets, developing a strategic aviation marketing plan that can evolve along with your company is essential for achieving sustainable business growth