1 Running head: SUMMARY OF YOUR NEW GROWTH OPPORTUNITY RECOMMENDATION 4.2 BMP Week 4 Guilherme Calache BUS 5093 MKT 5093: Marketing Management Dr. Daw Olson. January 12, 2022
2 SUMMARY OF YOUR NEW GROWTH OPPORTUNITY RECOMMENDATION Summary of your New Growth opportunity recommendation The recommended growth opportunity strategy would be investing in their product and also diversification. For Azul, it is essential to invest in new markets and diversify the company abroad in international flights. Additionally, by investing in new routes, Azul can take itself to the next level and gain a lot of recognition outside of Brazil. By evaluating these criteria, Azul has all the skills and abilities to compete internationally with other airlines. When it comes to new products for new aircraft, the demand is very high, and Azul needs to adapt to the aircraft model and make some changes. One of the recommendations in order to Azul invest more in international flights, it is necessary to invest in bigger aircraft. With that being able to attend all demand of customers. My recommendation of a new development opportunity is not to introduce a new product, but to improve upon an existing product and, in this case, partnership with other airlines is essential when it comes to international destinations. Upgrades to more extensive and more technical aircraft it is necessary not as another opportunity but to attend to the demand of long- distance flights. In addition, the focus on international flights, along with investing and researching new routes, will slightly alter the company’s operating strategy, forcing higher investments. Companies must allocate their resources to determine their best opportunities and constantly look for new opportunities. The company’s best opportunities result from a combination of its capabilities or what it does exceptionally well compared to its competitors and the customer’s most critical needs. The products and services offered by the company must be very well adapted to the client’s needs. Brief summary/explanation of your target market for this new opportunity For Orlando, the TAM and Gol service reflects the demand on the route, and Azul’s non- stop service is offered at a lower price than TAM, which may be an opportunity for Azul to encourage traffic. Like Fort Lauderdale, Azul’s position in Campinas allows it to take advantage of opportunities to connect travelers to the United States through its national network. Oneworld alliance partners American and TAM will continue to have an extensive network, but for travelers looking for a cheaper alternative to the Brazilian domestic market, JetBlue and Azul offer a strong alternative. That will be the main target for this new opportunity. Also, it will be more convenient for the passengers who live in the interior of Brazil in Campinas since this is Azul Hub and they desire to travel to the USA.
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