This report provides a marketing plan for EsayJet, a British multinational low-cost airline. It includes an analysis of the organization and its market using the SWOT framework, as well as various marketing objectives.
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Table of Contents INTRODUCTION...........................................................................................................................1 Marketing plan for EsayJet:.............................................................................................................1 Analysis of the organization and its Market with the use of SWOT Framework.................................................................................................................................1 Analysis of marketing objectives................................................................................................2 REFERENCES................................................................................................................................5
INTRODUCTION Marketing plan refers to making outlines marketing strategy for the future, marketing plan include an overview of business's marketing and advertising goals, its also analyse the needs and wants of target market(Chernev, 2020). Marketing plan usually explain the target customers of the business and hoe business can make effective strategy to attract more customers in order to gain profit. This report is based on EsayJet, it is British multinational low cost airline. Its headquarteredatLondonLutonAirport,organizationoperatesinternationalanddomestic scheduled services over 1,000 routes in more than 30 countries. In this report marketing plan for the EsayJet services has been introduce, also analysis of organization and its market with the use of SOWT analysis, also various marketing objective. Further, analysis of strategy approach with the use of marketing mix, also it include outline for effective implementation of marketing plan and in the last the effectiveness of the marketing plan will be measured. Marketing plan for EsayJet: Analysis of the organization and its Market with the use of SWOT Framework. Marketing plan is an operational document that analyse and outline the marketing and advertising strategy of the company, and implement that plan to reach out the target market (Hanlon, 2019). Marketing audit refers to the systematic analysis of business environment, both internal and external, goals and objectives, strategies etc. of business that helps in better understanding about the target market. For the marketing audit of EsayJet, below is detail explanation of SWOT analysis is explained: SOWT analysis of EsayJet: This analysis assist company to analyse the internal and external business environment factors that have an impact on its decision making process. SWOT analyse also helps in analysis of business's strength and opportunity in order to over come the various weaknesses and threats for business. SWOT analysis ofEsayJet could help the company to analyse both internal and external factors that have an impact on its decision making process. Strengths of EsayJet:Airlines has been develop its brand value as an cheapest flights in the UK And Europe, they make huge impact on young travellers and some business people (Hollensen, 2019). This has become huge strength for the organization, they also provide 1
services on time with the various value added features such as online-booking, travel services, and ticket-less travel. EsayJet also add new Morden planes to ensure the safety, reliability and emission reduction. Their online ticket booking website is easy to use for every passenger, they also focus on customers loyalty by offering them text massages and online mail for better sales alerts. With all the strengths EsayJet airline make huge growth and success by all the strategies they apply to gain more customer base in the market. Weaknesses of EsayJet:This refers to all the factors that may affect the business and its decision making. In the context of EsayJet, being an low costAirline industry has various competitive brand that may have an impact on its business and its profitability(Minton,and Krszjzaniek,2020). Price war strategy could have an impact on the business of respective airline. EsayJet also do not provide food and beverage services to the longer flights of more than two hours, which many passengers find difficult. With all the weak points company may decrease its profitability in global competitive market. Opportunities for EsayJet: Airlines have opportunity to expand its market into new regional market throughout Europe and can caters to specific customers segments(Sainz de Vicuña Ancín,2020). EsayJet also provide travel packages with the tours that could help them to attract more travellers that seeks specific kind of travel experience. Airlines have opportunity to make partnership with the airports to helps them in expand their routes and offer more travel option to its travellers. Thus, there are various opportunities for the respective airlines brand in order to expand its business and gain more profitability. Threats For EsayJet: Increase in airport fees could be an huge threat for the brand, it could impact the low cost strategy of business(Sumarwan, 2019). There are huge competition in the market that are offer more frills, route options, flights with maintaining low cost which can be an huge threat for EsayJet. Thus, there are several threats that could impact the business and profitability of EsayJet. Threats for the business can have an impact on profitability and growth in the competitive market. Analysis of marketing objectives. Marketing objectives refers to the various goals and aim business make in order to gain better growth and success in the competitive market. Marketing objective helps business and individuals to have clear vision about goals and aims. Below are detail description of marketing objectives in the context of EsayJet: 2
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Promote services:The main objective of marketing is to promote various services offered byEsayJet. Airlines use various tools and strategies to promote their business in the market. EsayJet ensure that their target customer group know about upcoming offers and deals so they circulates text massages and email for their past customers in order to provide them information about new offers and deals in their travel agencies. Digital presence:From the various marketing strategies EsayJet ensure that they make huge presence on digital platforms. The main objective of company is to make sure that their target customers base visit the various websites, so that it can help them to increase brand awareness on digital platforms. Brand awareness:It is one of the most important objective of marketing, brand awareness is very important for better growth and profitability. Brand awareness among the target customer group is very essentials for the better sale of product and services. In the context ofEsayJet, company use various marketing tools that help them to increase brand awareness about airlines among the young travellers and business professionals. Thus, from the various marketing objectives of EsayJet it can be understand that marketingobjectivehelpsbusinessinbettergrowthandsuccessincompetitivemarket. Marketing objectives outlines marketing plan of the company so that they can make effective strategies for the future growth and profitability. 3
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REFERENCES Books and Journals Chernev, A., 2020.The marketing plan handbook. Cerebellum Press. Hanlon, A., 2019.Digital marketing: Strategic planning & integration. Sage. Hollensen, S., 2019.Marketing management: A relationship approach. Pearson Education. Minton, E.A. and Krszjzaniek, E.J., 2020. Enhancing marketing research learning outcomes using the outdoors.Marketing Education Review, pp.1-6. Sainz de Vicuña Ancín, J.M., 2020.El plan de marketing en la práctica. Esic Editorial. Sumarwan, U., 2019.Pemasaran Strategik: Perspektif perilaku konsumen dan Marketing plan. PT Penerbit IPB Press. 5