Sweet: A Marketing Project and Advertising Campaign for a New Company
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Project
AI Summary
This project presents a comprehensive marketing analysis and plan for "Sweet," a new company in the sharing economy, positioning itself as a competitor to Airbnb. The project begins with an executive summary and an examination of the external business environment, including potential political and economic impacts. It delves into value extraction and strategic control points, followed by a value chain analysis, including supply chain, in-house value creation, marketing strategies, and value propositions for guests. Core capabilities are mapped, and the project explores market segmentation, including demographic, geographic, and behavioral segmentation, alongside a detailed product strategy incorporating conjoint analysis and demand elasticity estimation. Competitive strategies, cost estimation, and pricing principles are analyzed, culminating in customer points of access and distribution strategies. The project then presents recommendations and an internal advertising campaign strategy, including media planning, budget allocation, and a creative brief. The advertisement section includes the background, target audience, objectives, and key performance indicators (KPIs) to measure the campaign's success. References are also included.

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Marketing Project: Competitor to Airbnb
Marketing Project: Competitor to Airbnb
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2
Table of Contents
Executive Summary.........................................................................................................................4
External Business Environment.......................................................................................................5
Value extraction and strategic control point....................................................................................6
Value Chain/Map and Competition overview.................................................................................7
Supply chain................................................................................................................................7
In-house value creation................................................................................................................8
Marketing.....................................................................................................................................8
Value proposition to guests/travelers...........................................................................................8
Sales.............................................................................................................................................8
Core Capabilities Map.....................................................................................................................9
Segmentation and Positioning.........................................................................................................9
Demographic..............................................................................................................................10
Geographic.................................................................................................................................10
Behavioral segmentation...........................................................................................................10
Product Strategy.............................................................................................................................11
Conjoint Analysis......................................................................................................................11
Demand Elasticity Estimation...................................................................................................12
Competitive Strategy.................................................................................................................12
Cost Estimation & Breakeven Volume......................................................................................13
Value Pricing Principle..............................................................................................................14
Customer Points of Access and Points of Touch.......................................................................14
Distribution....................................................................................................................................15
Recommendations..........................................................................................................................16
Table of Contents
Executive Summary.........................................................................................................................4
External Business Environment.......................................................................................................5
Value extraction and strategic control point....................................................................................6
Value Chain/Map and Competition overview.................................................................................7
Supply chain................................................................................................................................7
In-house value creation................................................................................................................8
Marketing.....................................................................................................................................8
Value proposition to guests/travelers...........................................................................................8
Sales.............................................................................................................................................8
Core Capabilities Map.....................................................................................................................9
Segmentation and Positioning.........................................................................................................9
Demographic..............................................................................................................................10
Geographic.................................................................................................................................10
Behavioral segmentation...........................................................................................................10
Product Strategy.............................................................................................................................11
Conjoint Analysis......................................................................................................................11
Demand Elasticity Estimation...................................................................................................12
Competitive Strategy.................................................................................................................12
Cost Estimation & Breakeven Volume......................................................................................13
Value Pricing Principle..............................................................................................................14
Customer Points of Access and Points of Touch.......................................................................14
Distribution....................................................................................................................................15
Recommendations..........................................................................................................................16

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Internal Advertising Campaign Strategy.......................................................................................16
Media Planning..........................................................................................................................16
Pulsing and Timing....................................................................................................................17
Budget........................................................................................................................................17
Creative Brief.................................................................................................................................18
Background................................................................................................................................18
Target Audience.........................................................................................................................18
Objectives and Media................................................................................................................19
Single-Minded Proposition........................................................................................................19
AIDA Requirements..................................................................................................................19
Mandatory Inclusions................................................................................................................20
Success Measure........................................................................................................................20
Key Responses and Schedule....................................................................................................20
Budget............................................................................................................................................20
Advertisement................................................................................................................................21
Reference List................................................................................................................................23
Internal Advertising Campaign Strategy.......................................................................................16
Media Planning..........................................................................................................................16
Pulsing and Timing....................................................................................................................17
Budget........................................................................................................................................17
Creative Brief.................................................................................................................................18
Background................................................................................................................................18
Target Audience.........................................................................................................................18
Objectives and Media................................................................................................................19
Single-Minded Proposition........................................................................................................19
AIDA Requirements..................................................................................................................19
Mandatory Inclusions................................................................................................................20
Success Measure........................................................................................................................20
Key Responses and Schedule....................................................................................................20
Budget............................................................................................................................................20
Advertisement................................................................................................................................21
Reference List................................................................................................................................23

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Executive Summary
Marketing of the services of an organzoation is considered to be of vital importance as it aims
raising the publicity of the firm and tehrbey positively affecting their profit margin. Sweet is a
new orgnziation in the hospitality industry of sharing economy. The early time period of
business has not been able to seek enough profit due to its ineffective makreting techiques. The
major competitor of the organziation is AirBnb. Sweet would be looking forward to create a
positive value for the society and helping millions for the generation of wealth through the usage
of their services. The business model of the company would be emphasizing on making effective
utilization of resources in the expenditure for water and energy consumption would be planned in
an efficient manner. The following report has framed the efefctive makrteing plan for the firm,
that impacts upon the strtaigies, policies and framwoerks that should be undertaken by the firm
within an approppriately structured budget projections.
Executive Summary
Marketing of the services of an organzoation is considered to be of vital importance as it aims
raising the publicity of the firm and tehrbey positively affecting their profit margin. Sweet is a
new orgnziation in the hospitality industry of sharing economy. The early time period of
business has not been able to seek enough profit due to its ineffective makreting techiques. The
major competitor of the organziation is AirBnb. Sweet would be looking forward to create a
positive value for the society and helping millions for the generation of wealth through the usage
of their services. The business model of the company would be emphasizing on making effective
utilization of resources in the expenditure for water and energy consumption would be planned in
an efficient manner. The following report has framed the efefctive makrteing plan for the firm,
that impacts upon the strtaigies, policies and framwoerks that should be undertaken by the firm
within an approppriately structured budget projections.
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5
External Business Environment
Sweet being a new company in the industry of sharing economy, the early time period of
business should not expect much profit. However, as the revenue starts coming, it might keep
growing with time and the brand might start making profits very soon. Unlike Airbnb, sweet is
going to operate in a licensed market. This would prevent the company from inviting politics and
related scenarios against itself. However there are chances of political pressure to rise which is
the company and its operations are going to pressure rise on the traditional market. The business
model of sweet is going to be less destructive than that of Airbnb; hence it would be facing lesser
heat. Sweet seeks to develop a good economic effect and create potential opportunities for
people who have free space for sharing with others. The people that are referred here are on both
sides demand as well as supply. The society would be playing the role of the buyer as well as the
seller. The company would be looking forward to create a positive value for the society and
helping millions for the generation of wealth. It also looks forward to help people in paying of
their loans and advances in order to avoid eviction. Offering cheaper substitute for renting is
going to help the company in seeing exponential growth of its business in a very short period of
time. The business of sweet is primarily going to be social, where the customers would be
offered with homes for renting, and the transactions for the same would be initiated online.
The largest contributors to the growth of the company are going to be social media and word of
mouth. Smart and up to date technology is growth enabler and the secret to the success of every
new and emerging business model. The primary operations of Sweet are going to run on a smart
system that would be created in order to provide sellers and buyers with seamless and hassle-free
interaction. A system technology of smart messaging would also be created in order to verify the
profiles of customers which would make the process of check in and checkout easier.
The business model of the company would be emphasizing on making effective utilization of
resources in the expenditure for water and energy consumption would be planned in an efficient
manner. The business also looks forward at implementing waste management and preventing the
greenhouse emissions as well. The reputation of the companies brand would be somewhat
established with the help of such environmental impact. For any business or industry and even in
terms of the sharing economy as well, it is almost impossible to avoid a clash with the law.
External Business Environment
Sweet being a new company in the industry of sharing economy, the early time period of
business should not expect much profit. However, as the revenue starts coming, it might keep
growing with time and the brand might start making profits very soon. Unlike Airbnb, sweet is
going to operate in a licensed market. This would prevent the company from inviting politics and
related scenarios against itself. However there are chances of political pressure to rise which is
the company and its operations are going to pressure rise on the traditional market. The business
model of sweet is going to be less destructive than that of Airbnb; hence it would be facing lesser
heat. Sweet seeks to develop a good economic effect and create potential opportunities for
people who have free space for sharing with others. The people that are referred here are on both
sides demand as well as supply. The society would be playing the role of the buyer as well as the
seller. The company would be looking forward to create a positive value for the society and
helping millions for the generation of wealth. It also looks forward to help people in paying of
their loans and advances in order to avoid eviction. Offering cheaper substitute for renting is
going to help the company in seeing exponential growth of its business in a very short period of
time. The business of sweet is primarily going to be social, where the customers would be
offered with homes for renting, and the transactions for the same would be initiated online.
The largest contributors to the growth of the company are going to be social media and word of
mouth. Smart and up to date technology is growth enabler and the secret to the success of every
new and emerging business model. The primary operations of Sweet are going to run on a smart
system that would be created in order to provide sellers and buyers with seamless and hassle-free
interaction. A system technology of smart messaging would also be created in order to verify the
profiles of customers which would make the process of check in and checkout easier.
The business model of the company would be emphasizing on making effective utilization of
resources in the expenditure for water and energy consumption would be planned in an efficient
manner. The business also looks forward at implementing waste management and preventing the
greenhouse emissions as well. The reputation of the companies brand would be somewhat
established with the help of such environmental impact. For any business or industry and even in
terms of the sharing economy as well, it is almost impossible to avoid a clash with the law.

6
Sweet would be planning efficiently regarding legal matters so as not to have as many clashes as
Airbnb has been facing with the law. Operating in locations where there are lesser regulations
and restrictions related to the sharing economy would be beneficial for the company.
Value extraction and strategic control point
Every business stands on three pillars to maximize its value: cash flow, revenue and shareholder
wealth. The necessity of any business is to build a customer base by investing in the customer
experience which in return adds to the value of the business. Sweet is a new invented company in
the competitive sharing economy market which is aims at catering to needs of every traveler. The
company will adopt the Value extraction model that will identify and capture maximum potential
from the prospective customers, shareholders and technology. Sweet will be focusing on the
creation of value proposition that will extract maximum revenue from the potential customers
such as targeting regular travelers and wealthy customers. The technology should be able to
extract maximum load. The value proposition should entirely focus on providing better customer
service and user friendly, faster technology (Osterwalder, Pigneur, Bernard and Smith, 2014).
Customer will intend to pay only for the benefits they are getting and not maximizing on the
benefits in value proposition will surely ensure higher engagement of from the target audience.
The Customer Lifetime Value will help to extract the value to the full potential from each
customer (Chang, W., Chang, and Li, 2012). Upselling and Cross-selling can be viable options
for Sweet to seek value extraction. The systems within the company can be upgraded with
regards to developing the technological front.
The Strategic control points refer to the performance criteria that are required during setting the
standards which will significantly affect the overall performance of any business. The strategic
control points will track whether the desired results occurred as expected (Stacey, 2016). This
will help Sweet to analyze its strengths and weaknesses. Premise Control is one of the strategic
control point that will help in determining whether the assumptions made concerning the target
audience, service to be provided to them, economic condition of the country, competitors, and
suppliers is feasible in the current scenario. Adopting Strategic Surveillance Control will help to
anticipate any external threats that may hinder the growth of the strategy by monitoring multiple
sources which for the potential threats. Sweet will require mechanisms that will access the
Sweet would be planning efficiently regarding legal matters so as not to have as many clashes as
Airbnb has been facing with the law. Operating in locations where there are lesser regulations
and restrictions related to the sharing economy would be beneficial for the company.
Value extraction and strategic control point
Every business stands on three pillars to maximize its value: cash flow, revenue and shareholder
wealth. The necessity of any business is to build a customer base by investing in the customer
experience which in return adds to the value of the business. Sweet is a new invented company in
the competitive sharing economy market which is aims at catering to needs of every traveler. The
company will adopt the Value extraction model that will identify and capture maximum potential
from the prospective customers, shareholders and technology. Sweet will be focusing on the
creation of value proposition that will extract maximum revenue from the potential customers
such as targeting regular travelers and wealthy customers. The technology should be able to
extract maximum load. The value proposition should entirely focus on providing better customer
service and user friendly, faster technology (Osterwalder, Pigneur, Bernard and Smith, 2014).
Customer will intend to pay only for the benefits they are getting and not maximizing on the
benefits in value proposition will surely ensure higher engagement of from the target audience.
The Customer Lifetime Value will help to extract the value to the full potential from each
customer (Chang, W., Chang, and Li, 2012). Upselling and Cross-selling can be viable options
for Sweet to seek value extraction. The systems within the company can be upgraded with
regards to developing the technological front.
The Strategic control points refer to the performance criteria that are required during setting the
standards which will significantly affect the overall performance of any business. The strategic
control points will track whether the desired results occurred as expected (Stacey, 2016). This
will help Sweet to analyze its strengths and weaknesses. Premise Control is one of the strategic
control point that will help in determining whether the assumptions made concerning the target
audience, service to be provided to them, economic condition of the country, competitors, and
suppliers is feasible in the current scenario. Adopting Strategic Surveillance Control will help to
anticipate any external threats that may hinder the growth of the strategy by monitoring multiple
sources which for the potential threats. Sweet will require mechanisms that will access the

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position of the business at the time of sudden natural or manmade disaster, inflation, and product
recalls. In this case, Special alert control will help to reconsider the relevancy of the strategy.
The Implementation strategy will determine the final steps before putting the strategies into
action. Implementation controls will include the budget, schedule and the milestones that Sweet
needs to achieve.
Value Chain/Map and Competition overview
Value chain analysis will help to identify Sweet’s primary activities as well as support activities
thereby adding value to the services it aims at providing. The analysis will be done to create
product differentiation by penetrating into the competitive market where Airbnb has created its
monopoly. The value chain analysis will represent Sweet’s internal activities that will help the
company to transform its inputs into outputs.
Figure 1: Value Chain Analysis of Sweet
Supply chain
The internal logistics of Sweet should aim at targeting people who are looking to gain
experiences, spend quality time and share their traveling stories. The website should be user
Supply Chain In-house value
creation Marketing
Value
proposition to
guests/travelers
(Traffic
generation)
Sales
position of the business at the time of sudden natural or manmade disaster, inflation, and product
recalls. In this case, Special alert control will help to reconsider the relevancy of the strategy.
The Implementation strategy will determine the final steps before putting the strategies into
action. Implementation controls will include the budget, schedule and the milestones that Sweet
needs to achieve.
Value Chain/Map and Competition overview
Value chain analysis will help to identify Sweet’s primary activities as well as support activities
thereby adding value to the services it aims at providing. The analysis will be done to create
product differentiation by penetrating into the competitive market where Airbnb has created its
monopoly. The value chain analysis will represent Sweet’s internal activities that will help the
company to transform its inputs into outputs.
Figure 1: Value Chain Analysis of Sweet
Supply chain
The internal logistics of Sweet should aim at targeting people who are looking to gain
experiences, spend quality time and share their traveling stories. The website should be user
Supply Chain In-house value
creation Marketing
Value
proposition to
guests/travelers
(Traffic
generation)
Sales
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friendly and comprise of photos, short travel videos, room amenities and space for user-
generated reviews. Customers can view the room availability with their respective prices.
In-house value creation
A database should be created to assist the internal logistics team with managing the rental details
of the travelers. The data aggregation process will help to search and gather relevant customer
data and present it in a report-based format to achieve specific objectives by Sweet. The data
aggregation can be either down manually or through data aggregation software.
Marketing
The infrastructure of Sweet should be stable in terms of operating in the competitive shared
economy market where other players like Airbnb has already created its niche. Sweet should
reach out to its customers through advertising on relevant channels such as Google ads, social
media platforms, television ads, demand generation through Programmatic Advertising. The
advertising campaigns should include promotional activities that will spread the word about
Sweet as a new brand offering better services.
Value proposition to guests/travelers
The Sweet will have to build an online booking platform that will deliver on the customer value
proposition of choice of locations and homes, deciding on the price range, convenience of
booking process, and support decisions.
Sales
To the hosts, Sweet would deliver on the proposition of renting rooms that would have been not
occupied by guests, and the maintain all the information of hosts/guests should be considered
important. The conversion rates should be high in order to not entertain any risk of cancellations
and low bookings.
The prospective competition for Sweet are Airbnb operating in 191 countries, Tripping.com with
8 million properties, HomeAway with great earning options for property owners, Booking.com
with 1 million hotels, and Trivago with user friendly application. Sweet is intending to enter the
market of shared economy where companies like these are already bigger brands with a larger
customer base and serving in maximum countries without even owing any big chain of hotels.
friendly and comprise of photos, short travel videos, room amenities and space for user-
generated reviews. Customers can view the room availability with their respective prices.
In-house value creation
A database should be created to assist the internal logistics team with managing the rental details
of the travelers. The data aggregation process will help to search and gather relevant customer
data and present it in a report-based format to achieve specific objectives by Sweet. The data
aggregation can be either down manually or through data aggregation software.
Marketing
The infrastructure of Sweet should be stable in terms of operating in the competitive shared
economy market where other players like Airbnb has already created its niche. Sweet should
reach out to its customers through advertising on relevant channels such as Google ads, social
media platforms, television ads, demand generation through Programmatic Advertising. The
advertising campaigns should include promotional activities that will spread the word about
Sweet as a new brand offering better services.
Value proposition to guests/travelers
The Sweet will have to build an online booking platform that will deliver on the customer value
proposition of choice of locations and homes, deciding on the price range, convenience of
booking process, and support decisions.
Sales
To the hosts, Sweet would deliver on the proposition of renting rooms that would have been not
occupied by guests, and the maintain all the information of hosts/guests should be considered
important. The conversion rates should be high in order to not entertain any risk of cancellations
and low bookings.
The prospective competition for Sweet are Airbnb operating in 191 countries, Tripping.com with
8 million properties, HomeAway with great earning options for property owners, Booking.com
with 1 million hotels, and Trivago with user friendly application. Sweet is intending to enter the
market of shared economy where companies like these are already bigger brands with a larger
customer base and serving in maximum countries without even owing any big chain of hotels.

9
This can be challenging to create a monopoly in the market but investing more in real estate and
creating more supply can be a ray of hope.
Core Capabilities Map
Sweet is aiming to create long-term investment in the shared economy and hospitality industry.
Although it will take Sweet to create it niche in this industry but looking the success of Airbnb
and the gaps in its services, the differentiation in the services can be overlooked and accordingly
the core capabilities of Sweet can be thought upon (Sundararajan, 2014). Despite of being new in
this market, Sweet can cater to the needs of each type of travelers. Airbnb often overcharges its
customers who are willing to take the services within a short notice period. Targeting the
travelers who are wealthy and willing to pay for services as per their requirements can help
Sweet to build a network of loyal customers. The ability to use technology and managing the
customer base along with the details of hosts and their properties can be a core competency for
Sweet (Peppers and Rogers, 2016). The website should have user friendly interface providing all
the details of the host properties for rent with pictures and short videos on the beauty of the
property. This can be an added advantage for Sweet as customers get a virtual experience of their
upcoming holiday home and feel free to provide feedback on these properties. The services to be
provided can be mentioned in the website alongside the property details. This will help
customers to decide beforehand and enjoy their stay at their preferable locations. The
differentiation in price can be a unique selling point for Sweet as travelers looking for a shorter
stays can be provided with discounts and benefits so that they come back for more.
The core competency of Sweet can also be built through partnering with companies such as
Grubhub and Amazon to provide immediate services to the travelers. The peer-to-peer market or
the concept of sharing economy does have a positive effect on lower-income consumers as they
are willing to earn an income out of renting their houses to strangers. Sweet can mainly focus on
targeting such customers as this will boost their income and build a better brand image. The
business model can either be subscription based or commission based. The monopoly can be
maintained by creating an additional revenue line where the pick-up and delivery of product
rented out on the platform with additional charges can be provided.
This can be challenging to create a monopoly in the market but investing more in real estate and
creating more supply can be a ray of hope.
Core Capabilities Map
Sweet is aiming to create long-term investment in the shared economy and hospitality industry.
Although it will take Sweet to create it niche in this industry but looking the success of Airbnb
and the gaps in its services, the differentiation in the services can be overlooked and accordingly
the core capabilities of Sweet can be thought upon (Sundararajan, 2014). Despite of being new in
this market, Sweet can cater to the needs of each type of travelers. Airbnb often overcharges its
customers who are willing to take the services within a short notice period. Targeting the
travelers who are wealthy and willing to pay for services as per their requirements can help
Sweet to build a network of loyal customers. The ability to use technology and managing the
customer base along with the details of hosts and their properties can be a core competency for
Sweet (Peppers and Rogers, 2016). The website should have user friendly interface providing all
the details of the host properties for rent with pictures and short videos on the beauty of the
property. This can be an added advantage for Sweet as customers get a virtual experience of their
upcoming holiday home and feel free to provide feedback on these properties. The services to be
provided can be mentioned in the website alongside the property details. This will help
customers to decide beforehand and enjoy their stay at their preferable locations. The
differentiation in price can be a unique selling point for Sweet as travelers looking for a shorter
stays can be provided with discounts and benefits so that they come back for more.
The core competency of Sweet can also be built through partnering with companies such as
Grubhub and Amazon to provide immediate services to the travelers. The peer-to-peer market or
the concept of sharing economy does have a positive effect on lower-income consumers as they
are willing to earn an income out of renting their houses to strangers. Sweet can mainly focus on
targeting such customers as this will boost their income and build a better brand image. The
business model can either be subscription based or commission based. The monopoly can be
maintained by creating an additional revenue line where the pick-up and delivery of product
rented out on the platform with additional charges can be provided.

10
Segmentation and Positioning
Segmentation, Targeting and Positioning is a three step process that helps any business towards
establishing a brand name in the market on a thorough understanding of its competitors,
customers and business environment. Market segmentation is one of the best strategies to
identify the customer needs, their interests, lifestyles and similar demographic profiles (Lynn,
2011). The segmentation of Sweet can be grouped into three categories.
Demographic
Demographic segmentation involves division of market into identifiable groups in terms of data
and facts (Wedel and Kamakura, 2012). The demographic variables to be used in segmenting the
market of Sweet are age and income of customers. The age range for business and leisure
travelers usually span from 20-50. Young travelers are more likely to use the services provided
by shared economy than any other age segment. On the other hand, retired people relatively with
good health conditions and financial positions are more likely to enjoy the services. Campaigns
can target female travelers (Hao and Har, 2014). Income of individuals determines their ability to
travel and enjoy their leisure time.
Geographic
The geographic segmentation will involve selecting the potential geographic locations (Boone
and Kurtz, 2013). The country and region is an important factor to consider. Sweet can target
North America, Europe, South America and Asian markets. The Asian market comprises of
countries like Japan and China where the listing of rented rooms is high and local participants
play their fair part. Penetrating into the Asian market will be a viable option as the population is
huge and people of middle income group can earn more by renting their homes. The focus
should be creating brand differentiation as well as considering the country legal policies of
renting homes (Miller, 2017).
Behavioral segmentation
The behavioral segmentation will consider the individual purchase behaviors (Martin, 2011).
Sweet should identify the buying behaviors of customers by maintaining a customer relationship
management which includes customer profiles of frequent travelers. Their past transactions can
reveal valuable information. Standard of living of customers will also be considered to
understand their traveling patterns.
Segmentation and Positioning
Segmentation, Targeting and Positioning is a three step process that helps any business towards
establishing a brand name in the market on a thorough understanding of its competitors,
customers and business environment. Market segmentation is one of the best strategies to
identify the customer needs, their interests, lifestyles and similar demographic profiles (Lynn,
2011). The segmentation of Sweet can be grouped into three categories.
Demographic
Demographic segmentation involves division of market into identifiable groups in terms of data
and facts (Wedel and Kamakura, 2012). The demographic variables to be used in segmenting the
market of Sweet are age and income of customers. The age range for business and leisure
travelers usually span from 20-50. Young travelers are more likely to use the services provided
by shared economy than any other age segment. On the other hand, retired people relatively with
good health conditions and financial positions are more likely to enjoy the services. Campaigns
can target female travelers (Hao and Har, 2014). Income of individuals determines their ability to
travel and enjoy their leisure time.
Geographic
The geographic segmentation will involve selecting the potential geographic locations (Boone
and Kurtz, 2013). The country and region is an important factor to consider. Sweet can target
North America, Europe, South America and Asian markets. The Asian market comprises of
countries like Japan and China where the listing of rented rooms is high and local participants
play their fair part. Penetrating into the Asian market will be a viable option as the population is
huge and people of middle income group can earn more by renting their homes. The focus
should be creating brand differentiation as well as considering the country legal policies of
renting homes (Miller, 2017).
Behavioral segmentation
The behavioral segmentation will consider the individual purchase behaviors (Martin, 2011).
Sweet should identify the buying behaviors of customers by maintaining a customer relationship
management which includes customer profiles of frequent travelers. Their past transactions can
reveal valuable information. Standard of living of customers will also be considered to
understand their traveling patterns.
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11
Positioning Sweet should involve marketing strategy of the brand and the renting services to
establish an identity in the minds of its customers. This should be maintained over the life of the
brand. As the business model of Sweet will focus on letting strangers in houses of hosts which
involves security issues, the services should be reliable to maintain the brand position. Since the
input of customers will rise as the business grows, the brand positioning should be strong in the
mind of customers. Sweet can position itself in the markets untapped by its competitors which
will bolster its growth in hospitality industry. The positioning can target hosts interested in
increasing their income and rent their homes. Sweet can position itself as a strong player in the
market by keeping prices according the travelers and guests.
Product Strategy
Conjoint Analysis
One of the most popular tools is used for the purposes of market research is known as conjoint
analysis (Prasad and Subbaiah, 2011). It is an advanced technique of exploration that helps in
determining the way decisions are made by people and the factors due to which the products and
services get real value (Louviere, Flynn and Carson, 2010). In simple words, conjoint analysis
refers to the process of determining customers’ willingness to pay. Certain hotels use conjoint
analysis for understanding the behaviors and buying decisions of their customers (Rhee and
Yang, 2015). Most organizations these days have a "strictly-business" pricing decision (Hague,
2018). However not all the decisions related to business is strictly-business. Such decisions of
pricing have a primary objective of profit maximization. In most of the cases the pricing is set on
the basis of an objective which is expected to be made by a price setter. Price setter might have
different expectations. Some only want to achieve break even, someone to all only that much
which could be enough for paying the costs, where is someone to earn a lot of profit (Chirco and
Scrimitore, 2013). The prices of the listings would be set in accordance with the market prices
and the willingness to pay of the consumers, unlike Airbnb whose home owners set the prices of
their listings in accordance with their personal financial objectives. This proves to be a major
issue since the company lost out a lot of potential profit which could have been earned but was
rather lost. Sweet want to apply strictly business pricing decisions at a late point in the business
cycle when a phone brand would be established. At that time, in order to encourage the pricing
Positioning Sweet should involve marketing strategy of the brand and the renting services to
establish an identity in the minds of its customers. This should be maintained over the life of the
brand. As the business model of Sweet will focus on letting strangers in houses of hosts which
involves security issues, the services should be reliable to maintain the brand position. Since the
input of customers will rise as the business grows, the brand positioning should be strong in the
mind of customers. Sweet can position itself in the markets untapped by its competitors which
will bolster its growth in hospitality industry. The positioning can target hosts interested in
increasing their income and rent their homes. Sweet can position itself as a strong player in the
market by keeping prices according the travelers and guests.
Product Strategy
Conjoint Analysis
One of the most popular tools is used for the purposes of market research is known as conjoint
analysis (Prasad and Subbaiah, 2011). It is an advanced technique of exploration that helps in
determining the way decisions are made by people and the factors due to which the products and
services get real value (Louviere, Flynn and Carson, 2010). In simple words, conjoint analysis
refers to the process of determining customers’ willingness to pay. Certain hotels use conjoint
analysis for understanding the behaviors and buying decisions of their customers (Rhee and
Yang, 2015). Most organizations these days have a "strictly-business" pricing decision (Hague,
2018). However not all the decisions related to business is strictly-business. Such decisions of
pricing have a primary objective of profit maximization. In most of the cases the pricing is set on
the basis of an objective which is expected to be made by a price setter. Price setter might have
different expectations. Some only want to achieve break even, someone to all only that much
which could be enough for paying the costs, where is someone to earn a lot of profit (Chirco and
Scrimitore, 2013). The prices of the listings would be set in accordance with the market prices
and the willingness to pay of the consumers, unlike Airbnb whose home owners set the prices of
their listings in accordance with their personal financial objectives. This proves to be a major
issue since the company lost out a lot of potential profit which could have been earned but was
rather lost. Sweet want to apply strictly business pricing decisions at a late point in the business
cycle when a phone brand would be established. At that time, in order to encourage the pricing

12
decisions of strictly business that would help in maximizing the profits, a new algorithm of
pricing can be launched which would take into consideration the factor of willingness to pay of
the customers for the listings. These listings are based on certain factors such as dates, locations,
local happenings and the amount of time by which the booking is done in advance by the
customer.
Demand Elasticity Estimation
It is quite difficult to ascertain the exact calculation of elasticity of sharing Economy business is
such as that of Sweet. However, economic religion can be used for figuring out the relative
elasticity. The services of sharing economy have become quite mainstream, and customers have
started to trust these services have more feasible alternate for hotels and motels (Zervas,
Proserpio and Byers, 2017). Even though businesses such as Sweet and Airbnb are not perfect
substitutes for hotels, they are considered to be good substitutes. If Sweet was more expensive
than the hotel rooms and if the promises are of similar quality, the business would be cleaned by
the hotel. Usually such businesses are seen as a low cost substitute for motels and hotels, which
simply implies that the price is a crucial factor for the attraction of the customers (Horton and
Zeckhauser, 2016). The customers, who can afford this, would choose the hotels that would give
service of higher level. This implies that, the demand curve of sweet could be relatively elastic
above a certain point, especially when the point of price becomes similar with that of hotels
(Fraiberger and Sundararajan, 2017). The demand curve beneath the point of price would be
relatively inelastic since hotels are a cheap option and they often tend to have equality lower than
that of affordable hotel rooms. So, it can be concluded that, within overall perspective, sweet
would be elastic because of the presence of substitute.
Competitive Strategy
There are various competitive strategies that would be followed by the company Sweet. Primary
engagement of the company would be in providing hospitality services to customers online allow
them for leasing trending short term lodging that would also include home stay, vacation rentals,
hotel rooms and apartment rentals. The company has any lodgings of its own; it would be
working on the basis of commission and act as a broker. One of the greatest competitive
advantages with the company can avail is through its network effects. This means that larger the
number of hosts are listed on Sweet, greater would be the number of customers. On the other
decisions of strictly business that would help in maximizing the profits, a new algorithm of
pricing can be launched which would take into consideration the factor of willingness to pay of
the customers for the listings. These listings are based on certain factors such as dates, locations,
local happenings and the amount of time by which the booking is done in advance by the
customer.
Demand Elasticity Estimation
It is quite difficult to ascertain the exact calculation of elasticity of sharing Economy business is
such as that of Sweet. However, economic religion can be used for figuring out the relative
elasticity. The services of sharing economy have become quite mainstream, and customers have
started to trust these services have more feasible alternate for hotels and motels (Zervas,
Proserpio and Byers, 2017). Even though businesses such as Sweet and Airbnb are not perfect
substitutes for hotels, they are considered to be good substitutes. If Sweet was more expensive
than the hotel rooms and if the promises are of similar quality, the business would be cleaned by
the hotel. Usually such businesses are seen as a low cost substitute for motels and hotels, which
simply implies that the price is a crucial factor for the attraction of the customers (Horton and
Zeckhauser, 2016). The customers, who can afford this, would choose the hotels that would give
service of higher level. This implies that, the demand curve of sweet could be relatively elastic
above a certain point, especially when the point of price becomes similar with that of hotels
(Fraiberger and Sundararajan, 2017). The demand curve beneath the point of price would be
relatively inelastic since hotels are a cheap option and they often tend to have equality lower than
that of affordable hotel rooms. So, it can be concluded that, within overall perspective, sweet
would be elastic because of the presence of substitute.
Competitive Strategy
There are various competitive strategies that would be followed by the company Sweet. Primary
engagement of the company would be in providing hospitality services to customers online allow
them for leasing trending short term lodging that would also include home stay, vacation rentals,
hotel rooms and apartment rentals. The company has any lodgings of its own; it would be
working on the basis of commission and act as a broker. One of the greatest competitive
advantages with the company can avail is through its network effects. This means that larger the
number of hosts are listed on Sweet, greater would be the number of customers. On the other

13
hand the supplies of the company would be built by the competitors to the business, customers'
reviews and word of mouth. This would make sweet different as well as unique from its market
competitors.
Cost Estimation & Breakeven Volume
In order to estimate the costs of the products and services of sweet, a group method of cost
estimate would be chosen. For the production of the services and the products would be stated by
the representatives of all the departments. Usually every department states their estimates in
order to prevent themselves in the event of overruns of costs. Both the direct as well as the
indirect costs would be taken into consideration. The direct costs adjusting of the labor costs,
material costs, tooling costs, utilities costs, and operating costs (DRURY, 2013). Indirect cost
would be including aspects such as, the indirect fixed costs and the indirect variable costs.
The break-even point of every business is that stage where its revenues match its costs.
(Tsorakidis, Papadoulos, Zerres and Zerres, 2011.) Once the number is determined, all the costs
of the business should be taken into consideration. These costs would include both, the fixed as
well as the variable costs that consist of costs such as rent to labor materials. After this, it should
be analyzed if the prices are too low or the costs are too high for reaching the break-even point
within a reasonable time, and is the business sustainable enough for producing the break-even
sales on a consistent basis. Following is a table demonstrating the break-even of Sweet.
Table 1: Break-Even analysis
Particulars Amount
Fixed Costs
Advertising 10000
Accounting, Legal 0
Depreciation 1200
Manufacturing 2000
Payroll 6000 For the period 2017 - 2018
Rent 12000 Selling Price (P) US $ 240
TFC 31200
Break-even units
(X) 234 Units
Variable Costs
Break-even sales
(S) US $ 56,160
VC based on per unit amount
COGS 25
hand the supplies of the company would be built by the competitors to the business, customers'
reviews and word of mouth. This would make sweet different as well as unique from its market
competitors.
Cost Estimation & Breakeven Volume
In order to estimate the costs of the products and services of sweet, a group method of cost
estimate would be chosen. For the production of the services and the products would be stated by
the representatives of all the departments. Usually every department states their estimates in
order to prevent themselves in the event of overruns of costs. Both the direct as well as the
indirect costs would be taken into consideration. The direct costs adjusting of the labor costs,
material costs, tooling costs, utilities costs, and operating costs (DRURY, 2013). Indirect cost
would be including aspects such as, the indirect fixed costs and the indirect variable costs.
The break-even point of every business is that stage where its revenues match its costs.
(Tsorakidis, Papadoulos, Zerres and Zerres, 2011.) Once the number is determined, all the costs
of the business should be taken into consideration. These costs would include both, the fixed as
well as the variable costs that consist of costs such as rent to labor materials. After this, it should
be analyzed if the prices are too low or the costs are too high for reaching the break-even point
within a reasonable time, and is the business sustainable enough for producing the break-even
sales on a consistent basis. Following is a table demonstrating the break-even of Sweet.
Table 1: Break-Even analysis
Particulars Amount
Fixed Costs
Advertising 10000
Accounting, Legal 0
Depreciation 1200
Manufacturing 2000
Payroll 6000 For the period 2017 - 2018
Rent 12000 Selling Price (P) US $ 240
TFC 31200
Break-even units
(X) 234 Units
Variable Costs
Break-even sales
(S) US $ 56,160
VC based on per unit amount
COGS 25
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Direct Labor 50
Overhead 11
Total 86
VC based on percentage
Commissions 7.50%
Other 1.00%
Total 8.50%
TVC $106
Contribution margin per unit = P - V $134
Contribution margin ratio = 1 - V/P = 55.67%
BEP
Break-even units (X) = TFC / (P-V) 234 units
Break-even sales (S) = X * P = TFC / CMR $56,160
Value Pricing Principle
Dynamic pricing principal would be used by the companies. Such a pricing strategy helps the
business in maximizing its profit buy consistently adjusting its prices buy responding to the
various demand fluctuations (Gallego and Hu, 2014). It is based upon a type of decision making
which is fact driven and analytical. It involves altering the prices of the services a certain period
of time, across consumer or across the services (Faruqui and Palmer, 2011). There are a several
number of factors which create the base of the dynamic pricing strategy of sweet. These are
length of stay of the customers, seasonality, special events, customers’ characteristics, day of the
week, market segments and channels of distribution.
Customer Points of Access and Points of Touch
Figure 2: Customer touch points
Direct Labor 50
Overhead 11
Total 86
VC based on percentage
Commissions 7.50%
Other 1.00%
Total 8.50%
TVC $106
Contribution margin per unit = P - V $134
Contribution margin ratio = 1 - V/P = 55.67%
BEP
Break-even units (X) = TFC / (P-V) 234 units
Break-even sales (S) = X * P = TFC / CMR $56,160
Value Pricing Principle
Dynamic pricing principal would be used by the companies. Such a pricing strategy helps the
business in maximizing its profit buy consistently adjusting its prices buy responding to the
various demand fluctuations (Gallego and Hu, 2014). It is based upon a type of decision making
which is fact driven and analytical. It involves altering the prices of the services a certain period
of time, across consumer or across the services (Faruqui and Palmer, 2011). There are a several
number of factors which create the base of the dynamic pricing strategy of sweet. These are
length of stay of the customers, seasonality, special events, customers’ characteristics, day of the
week, market segments and channels of distribution.
Customer Points of Access and Points of Touch
Figure 2: Customer touch points

15
Customer touch points are referred are the places of interaction of the brand of a company with
its customers rather than channels that are the planned interaction points (Clatworthy, 2011).
Any and every interaction including encounters of no physical interaction which has the
capability of changing the ways which customers feel about a particular product, service or
business. An encounter that might not involve any physical interaction can be the discovery of an
online review of the service or the product of that brand. The essential points of touch of Sweet
would be: easy and clean website navigation, Smartphone application with good UI, and short
wait times for guests to check-in and check-out, rebates to regular customers, events for
customer interaction, customer feedback and satisfaction questionnaire, etc.
Distribution
The primary channels for the sales and distribution of the company would be its website and
Smartphone and mobile applications. Sweet can plan for partnering with a leading cloud
platform for hotels for attracting and booking customers from around the world. With such
partnership, the hospitality standards can be met seamlessly and rooms can be listed quickly. The
usage of new and up-to-date technology would make it easier for hotels to connect information
Customer touch points are referred are the places of interaction of the brand of a company with
its customers rather than channels that are the planned interaction points (Clatworthy, 2011).
Any and every interaction including encounters of no physical interaction which has the
capability of changing the ways which customers feel about a particular product, service or
business. An encounter that might not involve any physical interaction can be the discovery of an
online review of the service or the product of that brand. The essential points of touch of Sweet
would be: easy and clean website navigation, Smartphone application with good UI, and short
wait times for guests to check-in and check-out, rebates to regular customers, events for
customer interaction, customer feedback and satisfaction questionnaire, etc.
Distribution
The primary channels for the sales and distribution of the company would be its website and
Smartphone and mobile applications. Sweet can plan for partnering with a leading cloud
platform for hotels for attracting and booking customers from around the world. With such
partnership, the hospitality standards can be met seamlessly and rooms can be listed quickly. The
usage of new and up-to-date technology would make it easier for hotels to connect information

16
regarding bookings to their management systems in the real time. The various payments for
transactions would include card payment, payment through Apple Pay through the mobile
application. Local payments systems would also be included. The primary mode for
communication of Sweet would be content marketing that is marketing technique of creation and
distribution of valuable and significant content for attracting, acquiring and engaging a good
target audience that is clearly defined.
Recommendations
The company can target the customers who look for short-term vacation rentals in low budget
and seek the local culture, while targeting the customers who seek to rent an extras room of their
house. The variety given to the customers should be increased as greater choice would give
freedom to them to choose freely. The prices for the services of the company should be kept the
same, that is, to be decided in accordance with the market forces of demand and supply. This will
help in matching the market competition.
Internal Advertising Campaign Strategy
Media Planning
In order to initiate a successful internal it is imperative to initiate a successful media planning
that will help to improve customer experience in the company. The customer service that is
provided by Airbnb is highly creative as it deals with highly trained team of global specialists.
As a result, Sweet requires to initiate a digital innovation approach by inspiring business-to-
business marketers. As it is a lucrative market, media planning requires to innovative thus
making an easy online reservation system. It requires to deal with a responsive as well as
ecommerce platform that will incorporate up-to-date UX thinking in order to get hold of
customers to the search point (Ashley and Tuten, 2015). The data as well as permissions at this
point of time will be decisive to employ technology further with the procedure. As it is a
completely new company, it is imperative for Sweet to employ one of the popular tools such as
iBeaconz that has been used among travel industry stakeholders. This will help to improve way
finding at the nearby airports. Airbnb for example, has been using location specific apps that is
used by travelers through their Smartphone. This will make it easier to track employees in the
regarding bookings to their management systems in the real time. The various payments for
transactions would include card payment, payment through Apple Pay through the mobile
application. Local payments systems would also be included. The primary mode for
communication of Sweet would be content marketing that is marketing technique of creation and
distribution of valuable and significant content for attracting, acquiring and engaging a good
target audience that is clearly defined.
Recommendations
The company can target the customers who look for short-term vacation rentals in low budget
and seek the local culture, while targeting the customers who seek to rent an extras room of their
house. The variety given to the customers should be increased as greater choice would give
freedom to them to choose freely. The prices for the services of the company should be kept the
same, that is, to be decided in accordance with the market forces of demand and supply. This will
help in matching the market competition.
Internal Advertising Campaign Strategy
Media Planning
In order to initiate a successful internal it is imperative to initiate a successful media planning
that will help to improve customer experience in the company. The customer service that is
provided by Airbnb is highly creative as it deals with highly trained team of global specialists.
As a result, Sweet requires to initiate a digital innovation approach by inspiring business-to-
business marketers. As it is a lucrative market, media planning requires to innovative thus
making an easy online reservation system. It requires to deal with a responsive as well as
ecommerce platform that will incorporate up-to-date UX thinking in order to get hold of
customers to the search point (Ashley and Tuten, 2015). The data as well as permissions at this
point of time will be decisive to employ technology further with the procedure. As it is a
completely new company, it is imperative for Sweet to employ one of the popular tools such as
iBeaconz that has been used among travel industry stakeholders. This will help to improve way
finding at the nearby airports. Airbnb for example, has been using location specific apps that is
used by travelers through their Smartphone. This will make it easier to track employees in the
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17
state area that improving the overall experience of premium passengers. On the other hand, the
digital display is also imperative that leads to widespread preference among travelers to get hold
of more information through their mobile devices. The digital display should be such that the
travelers will not be able question the versatility. Airbnb is known to provide high quality digital
experience to the travelers thus enabling them with the help of synchronized electronic devices.
The digital display should be such that the travelers will be able to receive complete
entertainment with the help of digital display thus making it possible to gather all the information
at a single place (Davis, Nonnemaker, Duke and Farrelly, 2013). The company should look
forward to employ LAX that will provide a digital multi-sensory experience. This in turn will
allow the travelers to interact with the infrastructure by making use of tablets as well as
smartphones. This will increase the overall rate of digital travelers thus allowing them to view
the future clearly thus making it easier to interact with the upcoming surroundings.
Pulsing and Timing
Sweet requires to carry out a proper operation regarding collecting dust that is decisive to reduce
the overall cost as well as maximize system competencies. There are multiple sizes of a pulse of
compressed air, that helps to clear bag or filter. On the other hand, timing is another imperative
aspect that helps to determine how an airline requires to operate effectively. Incorporating a
proper timing procedure will help to determine the place as well as the timing of the airline. The
revenue that is associated with each schedule is mostly based on diverse outlook of the similar
information. The cost that is related to operating the schedule will rely on legs of flight. An
effective schedule that match both supply as well as demand that will act as the major driver of
airline profitability (Utt, 2011). The scheduled carriers will start to provide extra products to the
leisure market division that will also help to fill up the empty seat. The storefront of the airline
industry requires to primarily dealing with central reservation system. The timing requires to deal
with forecasting aspects that will initiate a proper schedule planning. The company requires to
initiate a network-planning model that will be used to interpret the profitability of airline timing
aspects.
Budget
Internal advertising deals with human resources that take place in accordance with institutional
policies. It helps in attracting the best candidates globally as well as promoting the best practice
state area that improving the overall experience of premium passengers. On the other hand, the
digital display is also imperative that leads to widespread preference among travelers to get hold
of more information through their mobile devices. The digital display should be such that the
travelers will not be able question the versatility. Airbnb is known to provide high quality digital
experience to the travelers thus enabling them with the help of synchronized electronic devices.
The digital display should be such that the travelers will be able to receive complete
entertainment with the help of digital display thus making it possible to gather all the information
at a single place (Davis, Nonnemaker, Duke and Farrelly, 2013). The company should look
forward to employ LAX that will provide a digital multi-sensory experience. This in turn will
allow the travelers to interact with the infrastructure by making use of tablets as well as
smartphones. This will increase the overall rate of digital travelers thus allowing them to view
the future clearly thus making it easier to interact with the upcoming surroundings.
Pulsing and Timing
Sweet requires to carry out a proper operation regarding collecting dust that is decisive to reduce
the overall cost as well as maximize system competencies. There are multiple sizes of a pulse of
compressed air, that helps to clear bag or filter. On the other hand, timing is another imperative
aspect that helps to determine how an airline requires to operate effectively. Incorporating a
proper timing procedure will help to determine the place as well as the timing of the airline. The
revenue that is associated with each schedule is mostly based on diverse outlook of the similar
information. The cost that is related to operating the schedule will rely on legs of flight. An
effective schedule that match both supply as well as demand that will act as the major driver of
airline profitability (Utt, 2011). The scheduled carriers will start to provide extra products to the
leisure market division that will also help to fill up the empty seat. The storefront of the airline
industry requires to primarily dealing with central reservation system. The timing requires to deal
with forecasting aspects that will initiate a proper schedule planning. The company requires to
initiate a network-planning model that will be used to interpret the profitability of airline timing
aspects.
Budget
Internal advertising deals with human resources that take place in accordance with institutional
policies. It helps in attracting the best candidates globally as well as promoting the best practice

18
while recruiting and selecting employees. In order to become more successful, the company
Sweet requires to initiate a proper sales budget that requires to be in collaboration with the senior
managers. The company requires to initiate comparable sales as well as marketing policies that
will be made at a lower level for every sales region that will be operated by the airline. This will
also help to make a decision regarding the sales budget that will be allocated between the areas
and the way in which they invest the available funds. The budget-setting procedure by the
company is likely to involve an intricate as well as controversial internal debate (Jobs and
Gilfoil, 2014). The budget setting requires to be done in such a way that it will not lead any
disreputable difficulty. The internal advertising requires to involve a promotional budget that
will deal with the percentage revenue concept. With strong increasing market, Sweet airlines will
be able to raise its market revenue as compared to Airbnb. It also requires to initiate the use of
predictive modeling for traffic flow that will help to track travelers all through the airport. These
digital innovations might not be viewed directly by travelers, however they could definitely help
to put in to a less demanding, more personalized experience for them in the terminal.
Creative Brief
Background
A creative brief is defined as a document that reflects on the ins as well as outs of a project team
that will be involved with the project. It is mostly regarded as a basis of a successful creative
campaign that outlines vision of customers thus making sure that every individual is provided
with equal opportunity (Keller and Thackeray, 2011). The major aim of a creative brief is that it
will help to outline strategy for a creative project. This will also help to interpret the idea as well
as vision of the client.
Target Audience
The audience that Sweet requires to target will involve the group of individuals who will remain
loyal to the company. They are also referred to as regular airline customers who will generally
opt to travel by the particular airline for business purpose. These travelers are mostly loyal
towards the brand and their prime motivation is to accumulate regular flier that will be in future
redeemed by them to get access to free flights. The company requires to create an emotional
outlook regarding the airlines brand in order to maintain their brand loyalty. The target audience
while recruiting and selecting employees. In order to become more successful, the company
Sweet requires to initiate a proper sales budget that requires to be in collaboration with the senior
managers. The company requires to initiate comparable sales as well as marketing policies that
will be made at a lower level for every sales region that will be operated by the airline. This will
also help to make a decision regarding the sales budget that will be allocated between the areas
and the way in which they invest the available funds. The budget-setting procedure by the
company is likely to involve an intricate as well as controversial internal debate (Jobs and
Gilfoil, 2014). The budget setting requires to be done in such a way that it will not lead any
disreputable difficulty. The internal advertising requires to involve a promotional budget that
will deal with the percentage revenue concept. With strong increasing market, Sweet airlines will
be able to raise its market revenue as compared to Airbnb. It also requires to initiate the use of
predictive modeling for traffic flow that will help to track travelers all through the airport. These
digital innovations might not be viewed directly by travelers, however they could definitely help
to put in to a less demanding, more personalized experience for them in the terminal.
Creative Brief
Background
A creative brief is defined as a document that reflects on the ins as well as outs of a project team
that will be involved with the project. It is mostly regarded as a basis of a successful creative
campaign that outlines vision of customers thus making sure that every individual is provided
with equal opportunity (Keller and Thackeray, 2011). The major aim of a creative brief is that it
will help to outline strategy for a creative project. This will also help to interpret the idea as well
as vision of the client.
Target Audience
The audience that Sweet requires to target will involve the group of individuals who will remain
loyal to the company. They are also referred to as regular airline customers who will generally
opt to travel by the particular airline for business purpose. These travelers are mostly loyal
towards the brand and their prime motivation is to accumulate regular flier that will be in future
redeemed by them to get access to free flights. The company requires to create an emotional
outlook regarding the airlines brand in order to maintain their brand loyalty. The target audience

19
should also include urgent travelers who frequently travel on an urgent basis when it is usually
unanticipated (Um et al., 2015). Airbnb mostly includes a range of business travelers that makes
multiple aspects to travel to initiate any type of contractual deal. The company should also
include budget conscious individuals who are mostly daily customers thus perceiving little
difference between airlines. In other words, an individual who view little difference between
airline offerings will aim for reasonable ticket price.
Objectives and Media
Social media tools are regarded as imperative tools that are not disclaimed by most of the
individuals any longer. The major aim of the company requires to be to get closer to the
customers. Comprehending value of customers in such a unique circumstance will act as a major
component for companies. This is because there is a gap that exists between the desire of the
customers as well as thought procedure of the company.
Single-Minded Proposition
The company requires to keep in mind that the advertisement that they will put forward will
initiate a proposition to the customer. It should not be limited to product puffery or show-
window advertising. The service that will be provided by the company should provide particular
benefit to the travelers. The proposition requires to be such that Airbnb will not be able to
provide in the future. In other words, it requires to be unique and should include a particular area
of advertising. The proposition requires to be so strong that it can move the wide range of
customers (Porter, 2013). The importance of the proposition is that it forms a basis that initiates
creating a great campaign. This will also help to reflect on a peace treaty thus helping marketers
to cram in every benefit that fits them. However, the longer will be the single-minded
proposition, the weaker will be results that might affect the overall profitability of the company
in the future.
AIDA Requirements
According to the AIDA requirements, the company requires to abide by the selected travel
during their online booking system. It requires to agree to the applicable travel circumstances. It
requires to abide by the travel condition AIDA 2013/2014 as well as AIDA 2014/2015
(Azadegan, Papamichail and Sampaio, 2013). The other conditions should include IDA
framework conditions, Insurance Conditions Health Insurance Hanse Merkur, Insurance
should also include urgent travelers who frequently travel on an urgent basis when it is usually
unanticipated (Um et al., 2015). Airbnb mostly includes a range of business travelers that makes
multiple aspects to travel to initiate any type of contractual deal. The company should also
include budget conscious individuals who are mostly daily customers thus perceiving little
difference between airlines. In other words, an individual who view little difference between
airline offerings will aim for reasonable ticket price.
Objectives and Media
Social media tools are regarded as imperative tools that are not disclaimed by most of the
individuals any longer. The major aim of the company requires to be to get closer to the
customers. Comprehending value of customers in such a unique circumstance will act as a major
component for companies. This is because there is a gap that exists between the desire of the
customers as well as thought procedure of the company.
Single-Minded Proposition
The company requires to keep in mind that the advertisement that they will put forward will
initiate a proposition to the customer. It should not be limited to product puffery or show-
window advertising. The service that will be provided by the company should provide particular
benefit to the travelers. The proposition requires to be such that Airbnb will not be able to
provide in the future. In other words, it requires to be unique and should include a particular area
of advertising. The proposition requires to be so strong that it can move the wide range of
customers (Porter, 2013). The importance of the proposition is that it forms a basis that initiates
creating a great campaign. This will also help to reflect on a peace treaty thus helping marketers
to cram in every benefit that fits them. However, the longer will be the single-minded
proposition, the weaker will be results that might affect the overall profitability of the company
in the future.
AIDA Requirements
According to the AIDA requirements, the company requires to abide by the selected travel
during their online booking system. It requires to agree to the applicable travel circumstances. It
requires to abide by the travel condition AIDA 2013/2014 as well as AIDA 2014/2015
(Azadegan, Papamichail and Sampaio, 2013). The other conditions should include IDA
framework conditions, Insurance Conditions Health Insurance Hanse Merkur, Insurance
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Conditions Travel Insurance Hanse Merkur, Conditions for excursions, Traveling with passport
as well as Rules on board, Rights for travelers according to Regulation (EG) No 392/2009.
Mandatory Inclusions
The first mandatory inclusion of the airline company will be airline ticket that forms a document
that has been issued by an airline. It requires to be legally obligated to provide fooding to the
customers without asking them to pay anything. The company policy should be such that it
becomes able to attract more customers as compared to its competitor Airbnb.
Success Measure
The success aspects that will lead to multiple probable advantages for the business unit of Sweet
requires to be either large or small. The success measure will appear as a cooperative
reinforcement that will help to analyze the comparative strength of the company. The
competitive aspects include the ability to become successful as well as prosper in the
marketplace. The success measure that has been used by Airbnb helps to estimate the success
maturely and in a consolidated way. This requires to be constructed thus being followed by
stimulation of the operations that requires to be examined over a couple of years. As successful
airline deals with attractiveness regarding the ticket prices, as well as dealing with, promotional
effectiveness that brings about profit. The total fleet also requires to be managed that will help to
indicate the way in which average individual airplane is used.
Key Responses and Schedule
The attendant requires to be responsive enough thus answering multiple doubts that will be
witnessed by the travelers. The schedule requires to be maintained without any delay in work.
The employees working for Airbnb deals with unspoken rules as they are well trained about their
job. Sweet requires to keep an automated external defibrillator that will involve getting easy
access to the doctor when it is required.
Budget
A budget is crucial for the creation of an expenditure plan of the finance of a company. It helps
in ensuring that adequate finance is available for the needed and important things to the business
(Philips, Shalaby and Marden, 2016). Following a spending plan or a budget would help a
Conditions Travel Insurance Hanse Merkur, Conditions for excursions, Traveling with passport
as well as Rules on board, Rights for travelers according to Regulation (EG) No 392/2009.
Mandatory Inclusions
The first mandatory inclusion of the airline company will be airline ticket that forms a document
that has been issued by an airline. It requires to be legally obligated to provide fooding to the
customers without asking them to pay anything. The company policy should be such that it
becomes able to attract more customers as compared to its competitor Airbnb.
Success Measure
The success aspects that will lead to multiple probable advantages for the business unit of Sweet
requires to be either large or small. The success measure will appear as a cooperative
reinforcement that will help to analyze the comparative strength of the company. The
competitive aspects include the ability to become successful as well as prosper in the
marketplace. The success measure that has been used by Airbnb helps to estimate the success
maturely and in a consolidated way. This requires to be constructed thus being followed by
stimulation of the operations that requires to be examined over a couple of years. As successful
airline deals with attractiveness regarding the ticket prices, as well as dealing with, promotional
effectiveness that brings about profit. The total fleet also requires to be managed that will help to
indicate the way in which average individual airplane is used.
Key Responses and Schedule
The attendant requires to be responsive enough thus answering multiple doubts that will be
witnessed by the travelers. The schedule requires to be maintained without any delay in work.
The employees working for Airbnb deals with unspoken rules as they are well trained about their
job. Sweet requires to keep an automated external defibrillator that will involve getting easy
access to the doctor when it is required.
Budget
A budget is crucial for the creation of an expenditure plan of the finance of a company. It helps
in ensuring that adequate finance is available for the needed and important things to the business
(Philips, Shalaby and Marden, 2016). Following a spending plan or a budget would help a

21
business to stay of debt and can also help in getting rid of existing debts. An analysis of budget
for Sweet is given below.
Table 2: Budget
Item Budget Actual
Varianc
e
Sales Revenue 500000 550000 50000
Cost of Sales 300000 320000 20000
Gross Profits 200000 230000 30000
Variable Expenses
Selling expenses 100000 120000 20000
Inspection 10000 8000 -2000
Total Variable expenses 110000 128000 18000
Fixed Expenses
Rent 60000 70000 10000
Depreciation 20000 19000 -1000
Total Fixed expenses 80000 89000 9000
Income from operations 10000 13000 3000
Interest Income 2000 3000 1000
Interest Expense 1000 1500 500
Net Income Before Taxes 7000 8500 1500
Taxes 2000 1500 -500
Net Income After Taxes 5000 7000 2000
Non-Income Statement Items
Loan Repayments 14000 13000 -1000
Owner withdrawals 20000 25000 5000
Fixed assets expenditure 100000 90000 -10000
Advertisement
The aim of marketing strategy of Sweet will be to reach encourage maximum people round the
globe to become hosts and/or travelers. The initial qualified leads and prospective list of hosts
can be generated from Craigslist where people list their properties for rent (Schor and
Fitzmaurice, 2015). This will help creating inbound links foe the user in Craigslist and drive the
maximum traffic towards Sweet’s official website. Collaborating with Google and investing
towards Google search ads will help in featuring images of houses, apartments and testimony of
travelers who have visited in those houses. Collaborating with the hosts and creating relevant
business to stay of debt and can also help in getting rid of existing debts. An analysis of budget
for Sweet is given below.
Table 2: Budget
Item Budget Actual
Varianc
e
Sales Revenue 500000 550000 50000
Cost of Sales 300000 320000 20000
Gross Profits 200000 230000 30000
Variable Expenses
Selling expenses 100000 120000 20000
Inspection 10000 8000 -2000
Total Variable expenses 110000 128000 18000
Fixed Expenses
Rent 60000 70000 10000
Depreciation 20000 19000 -1000
Total Fixed expenses 80000 89000 9000
Income from operations 10000 13000 3000
Interest Income 2000 3000 1000
Interest Expense 1000 1500 500
Net Income Before Taxes 7000 8500 1500
Taxes 2000 1500 -500
Net Income After Taxes 5000 7000 2000
Non-Income Statement Items
Loan Repayments 14000 13000 -1000
Owner withdrawals 20000 25000 5000
Fixed assets expenditure 100000 90000 -10000
Advertisement
The aim of marketing strategy of Sweet will be to reach encourage maximum people round the
globe to become hosts and/or travelers. The initial qualified leads and prospective list of hosts
can be generated from Craigslist where people list their properties for rent (Schor and
Fitzmaurice, 2015). This will help creating inbound links foe the user in Craigslist and drive the
maximum traffic towards Sweet’s official website. Collaborating with Google and investing
towards Google search ads will help in featuring images of houses, apartments and testimony of
travelers who have visited in those houses. Collaborating with the hosts and creating relevant

22
content about the houses and area will help to create brand awareness. Social media marketing is
the most powerful ways to market a brand. Facebook and Instagram page should include photos,
videos of the listings and inspiring videos on specific days will attract travelers to visit the place.
Blogs can be created featuring travel stories of guests and their experiences can be noted under
columns named as Wanderlust. Referrals can be sent through emails to all the new members of
Sweet. The referral credits can be added to their Sweet application wallet. User engagement can
be increased by listing out the accommodation options in the website. Travel magazines can be
issued to members featuring about the neighborhoods of various countries and their
accommodation options. It can act as a guide where local attractions can be listed. This increases
the inquisitiveness of travelers to explore such places.
content about the houses and area will help to create brand awareness. Social media marketing is
the most powerful ways to market a brand. Facebook and Instagram page should include photos,
videos of the listings and inspiring videos on specific days will attract travelers to visit the place.
Blogs can be created featuring travel stories of guests and their experiences can be noted under
columns named as Wanderlust. Referrals can be sent through emails to all the new members of
Sweet. The referral credits can be added to their Sweet application wallet. User engagement can
be increased by listing out the accommodation options in the website. Travel magazines can be
issued to members featuring about the neighborhoods of various countries and their
accommodation options. It can act as a guide where local attractions can be listed. This increases
the inquisitiveness of travelers to explore such places.
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23
Reference List
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selection of accommodation. Procedia-Social and Behavioral Sciences, 144, pp.176-186.
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the" Sharing Economy"(No. w22029). National Bureau of Economic Research.
Jobs, C.G. and Gilfoil, D.M., 2014. A social media advertising adoption model for reallocation
of traditional advertising budgets. Academy of Marketing Studies Journal, 18(1), p.235.
Reference List
Ashley, C. and Tuten, T., 2015. Creative strategies in social media marketing: An exploratory
study of branded social content and consumer engagement. Psychology & Marketing, 32(1),
pp.15-27.
Azadegan, A., Papamichail, K.N. and Sampaio, P., 2013. Applying collaborative process design
to user requirements elicitation: A case study. Computers in Industry, 64(7), pp.798-812.
Boone, L.E. and Kurtz, D.L., 2013. Contemporary marketing. 5th ed. Boston: Cengage learning.
Chang, W., Chang, C. and Li, Q., 2012. Customer lifetime value: A review. Social Behavior and
Personality: an international journal, 40(7), pp.1057-1064.
Davis, K.C., Nonnemaker, J., Duke, J. and Farrelly, M.C., 2013. Perceived effectiveness of
cessation advertisements: the importance of audience reactions and practical implications for
media campaign planning. Health Communication, 28(5), pp.461-472.
DRURY, C.M., 2013. Management and cost accounting. 7th ed. New York: Springer.
Faruqui, A. and Palmer, J., 2011. Dynamic pricing and its discontents. Regulation, 34, p.16.
Fraiberger, S.P. and Sundararajan, A., 2017. Peer-to-peer rental markets in the sharing economy.
Gallego, G. and Hu, M., 2014. Dynamic pricing of perishable assets under
competition. Management Science, 60(5), pp.1241-1259.
Hague, D., 2018. Pricing in business. 6th ed. Abingdon: Routledge.
Hao, J.S.C. and Har, C.O.S., 2014. A study of preferences of business female travelers on the
selection of accommodation. Procedia-Social and Behavioral Sciences, 144, pp.176-186.
Horton, J.J. and Zeckhauser, R.J., 2016. Owning, Using and Renting: Some Simple Economics of
the" Sharing Economy"(No. w22029). National Bureau of Economic Research.
Jobs, C.G. and Gilfoil, D.M., 2014. A social media advertising adoption model for reallocation
of traditional advertising budgets. Academy of Marketing Studies Journal, 18(1), p.235.

24
Keller, H. and Thackeray, R., 2011. Social marketing and the creative process: staying true to
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Nature and Culture, 7(2), pp.231-254.
Prasad, K.D. and Subbaiah, K.V., 2011. Prioritization of Customer Needs in House of Quality
Using Conjoint Analysis”. Center for Quality, 34(3), pp. 67-89.
Rhee, H.T. and Yang, S.B., 2015. How does hotel attribute importance vary among different
travelers? An exploratory case study based on a conjoint analysis. Electronic markets, 25(3),
pp.211-226.
Schor, J.B. and Fitzmaurice, C.J., 2015. 26. Collaborating and connecting: the emergence of the
sharing economy. Handbook of research on sustainable consumption, 410.
Keller, H. and Thackeray, R., 2011. Social marketing and the creative process: staying true to
your social marketing objectives. Health Promotion Practice, 12(5), pp.651-653.
Louviere, J.J., Flynn, T.N. and Carson, R.T., 2010. Discrete choice experiments are not conjoint
analysis. Journal of Choice Modelling, 3(3), pp.57-72.
Martin, G., 2011. The Importance of Marketing Segmentation. American Journal of Business
Education, 4(6), pp.15-18.
Miller, M., 2017. Airbnb boss reveals plans to crack Asia market. [online] Available at:
<https://www.bbc.com/news/business-41023684> [Accessed 08 December 2018]
Osterwalder, A., Pigneur, Y., Bernarda, G. and Smith, A., 2014. Value proposition design: How
to create products and services customers want. New Jersey: John Wiley & Sons.
Peppers, D. and Rogers, M., 2016. Managing customer experience and relationships: A strategic
framework. New Jersey: John Wiley & Sons.
Philips, M., Shalaby, Y. and Marden, J.R., 2016, December. The importance of budget in
efficient utility design. In Decision and Control (CDC), 2016 IEEE 55th Conference on (pp.
6117-6122). IEEE.
Porter, N., 2013. “Single-minded, compelling, and unique”: visual communications, landscape,
and the calculated aesthetic of place branding. Environmental Communication: A Journal of
Nature and Culture, 7(2), pp.231-254.
Prasad, K.D. and Subbaiah, K.V., 2011. Prioritization of Customer Needs in House of Quality
Using Conjoint Analysis”. Center for Quality, 34(3), pp. 67-89.
Rhee, H.T. and Yang, S.B., 2015. How does hotel attribute importance vary among different
travelers? An exploratory case study based on a conjoint analysis. Electronic markets, 25(3),
pp.211-226.
Schor, J.B. and Fitzmaurice, C.J., 2015. 26. Collaborating and connecting: the emergence of the
sharing economy. Handbook of research on sustainable consumption, 410.

25
Stacey, R.D., 2016. The chaos frontier: creative strategic control for business. 10th ed. Oxford:
Butterworth-Heinemann.
Sundararajan, A., 2014. Peer-to-peer businesses and the sharing (collaborative) economy:
Overview, economic effects and regulatory issues. Written testimony for the hearing titled The
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Advertising Federation to assess a campaign course's learning outcomes. Journal of Advertising
Education, 15(2), pp.49-54.
Zervas, G., Proserpio, D. and Byers, J.W., 2017. The rise of the sharing economy: Estimating the
impact of Airbnb on the hotel industry. Journal of Marketing Research, 54(5), pp.687-705.
Stacey, R.D., 2016. The chaos frontier: creative strategic control for business. 10th ed. Oxford:
Butterworth-Heinemann.
Sundararajan, A., 2014. Peer-to-peer businesses and the sharing (collaborative) economy:
Overview, economic effects and regulatory issues. Written testimony for the hearing titled The
Power of Connection: Peer to Peer Businesses.
Tsorakidis, N., Papadoulos, S., Zerres, M. and Zerres, C., 2011. 6th ed. Break-even analysis.
Bookboon.
Um, N.H., Kim, K.O., Kwon, E.S. and Wilcox, D., 2015. Symbols or icons in gay-themed ads:
How to target gay audience. Journal of Marketing Communications, 21(6), pp.393-407.
Utt, S., 2011. Using the national student advertising competition sponsored by the American
Advertising Federation to assess a campaign course's learning outcomes. Journal of Advertising
Education, 15(2), pp.49-54.
Zervas, G., Proserpio, D. and Byers, J.W., 2017. The rise of the sharing economy: Estimating the
impact of Airbnb on the hotel industry. Journal of Marketing Research, 54(5), pp.687-705.
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