Marketing plan •Product: The Products/services that is offered by Easyjet is cheapest air fare with different services like free meal and luggage services etc. The services offered by the company is innovative and must target the low segment customers. •Price: Easyjet mainly set the lower price for their airline services as the company had leading position in LCC. Skimming pricing policy will be suitable for Easyjet. •Promotion: For promoting the services of low cost air services company must focus on using effective promotional techniques that is sales promotion as promotion through advertisement. •Place: Last element within the marketing mix include place for rendering the services Easyjet must focus on their stores or online sities through which customers or passengers can easily select and book their ticket.
SWOT Analysis Strength- 1.The key strength of Easyjet is that airline company has established an effective brand image within the UK as the leading company has renders low cost airline services to their customers. Weaknesses- 1.Weakness of Easyjet airline is that the company deals in serving low cost services in regards with the premium airline that is British Airways. But the other airlines such as Ryanair gives tough competition to Easyjet through offering much low cost services to their passengers. Opportunities- 1.With the help of attaining effective marketing activities Easyjet airline can easily maximize their revenue and profit margin. Threats- 1.Key threat for the Easyjet is increasing charges of airport results in creating threat for the other airline to hold their plane within Europe. 2.The changing aviation rule and regulations of the government act as major threat for Easyjet as it results in inceasing the charges of airport.
REFERENCES •Masterson, R. and Pickton, D., 2010. Marketing: An Introduction. SAGE. •Mishra, D. and et.al., 2013.Methods and apparatus related to surveillance system marketing, planning and/or integration. 8. pp. 482,609. •Morgan, N.A., 2012. Marketing and business performance.Journal of the Academy of Marketing Science.40(1). pp.102-119