EDIBM/104 International Marketing: Etihad Airways Marketing Mix Report

Verified

Added on  2023/04/23

|10
|394
|127
Report
AI Summary
This report provides a comprehensive analysis of Etihad Airways' marketing mix, focusing on the 7Ps: product, price, place, promotion, process, people, and physical evidence. The core service is flight services, enhanced by airport lounge access and modern aircraft like the Boeing Dreamliner and Airbus A380. A premium pricing policy supports higher profit margins and market positioning, but limits market share. Distribution follows an intensive approach on high-potential routes, with online and third-party ticketing services. Promotion includes extensive television commercials, outdoor advertisements, and social media marketing. The company excels in automated ticketing and baggage management, with a diverse workforce enhancing service quality. Physical evidence is limited but includes gift packs, unique aircraft livery, and dedicated lounge facilities. While the existing marketing mix is largely effective, some elements require adjustments for long-term viability. Desklib provides past papers and solved assignments for students.
Document Page
Marketing & Management
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Introduction
Marketing mix is important in determining the
overall marketing approach of the businesses
Extended marketing mix has 7 elements
Etihad Airways is operating in global scale.
Reviewing their marketing mix will help to
identify both positive and negative factors
Document Page
Product
The core service of Etihad Airways is
providing flight services to the passengers
Actual service includes airport lounge
services and dedicated facilities of on
boarding and off boarding the flight
Usage of the latest aircrafts such as
Boeing Dreamliner and Airbus A380
Points of differences are low with their
competitors
Document Page
Price
Premium pricing policy is being followed by
Etihad Airways
Initiation of the premium pricing is helping
in higher profit margins
Maintaining premium positioning in the market
Market share and volume is limited
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Place
Etihad Airways is following intensive
distribution approach
Etihad Airways is operating in the most
potential routes
Losing out on different other potential
markets
Ticket booking services are being provided
through different channels including the
online mediums and third party ticketing
agents
Document Page
Promotion
Etihad Airways is following extensive
approach involving all the available
mediums
In terms of offline mediums, television
commercials and outdoor advertisements are
being initiated
Online mediums include social media
marketing
Sponsorship marketing is helping in
gaining larger market reach and exposure
Document Page
Process
Automated process of ticketing. Minimum
time involved
Automated process of baggage management
and distribution
Highly organized management of all the
business processes
However, complexities in terms of the
coordination in global scale
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
People
Etihad Airways is known for their people
management and diversity policies
Employees are from different countries and
cultures
Thus they are competent enough in dealing
with diverse customer segments
Individual skills and expertise of the people
determines the service process quality
Document Page
Physical evidence
Services are having lower physical evidence
Goodies and gift packs offered to the
passengers are the major physical evidence
by Etihad Airways
Aircrafts with unique livery
Dedicated lounge facilities and offerings
Document Page
Conclusion
Existing marketing mix of Etihad Airways
is effective enough
They are posing positive results for the
brand
However, a few elements are not competent
enough for long term viability
These limitations are identified
chevron_up_icon
1 out of 10
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]