Consumer Decision-Making and Marketing: Ryanair Airlines
VerifiedAdded on 2023/01/19
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Report
AI Summary
This report analyzes the marketing concepts and consumer behavior of Ryanair Airlines. It begins with an introduction to the airline and its goals, focusing on increasing sales through effective marketing. The report then explores the consumer decision-making process, including recognition, information searches, evaluation of alternatives, purchase, and post-purchase behavior. It emphasizes the influence of economic and environmental factors, such as social and cultural values, on consumer behavior. The report applies the consumer decision-making framework to Ryanair, highlighting the importance of understanding customer needs and providing safe, reliable services. It also discusses the need for information searches and investments in promotional and safety measures to enhance customer decision-making. The conclusion reiterates the impact of social and environmental factors on customer decisions and the importance of aligning services with customer expectations. The report references academic sources to support its analysis.
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