Airline industry : spice jet

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SPICE JET DEPARTURE : 23rd August 2010

description

Promotion Opportunity Analysis of spice jet

Transcript of Airline industry : spice jet

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SPICE JET

DEPARTURE : 23rd August 2010

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CREW MEMBERS

Mr. ATUL SAINI Mr. AJAY SINGH Mr. NAVODIT Mr. RAJAN

JUNEJA Mr. SAURAV

GARG

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PROMOTION OPPORTUNITY ANALYSIS FOR AIRLINE INDUSTRY

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AIRLINE INDUSTRIES

KINGFISHER

SPICE JETJET AIRWAYS

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SPICE JET

Founded in -2005 Slogan-flying for everyone. Low cost Airline of India. Kalanithi Maran owns the airline

after acquiring a major stake on June 2010.

Spice Jet marked its entry in the Indian skies with 99 fares for the first 99 days, with 9,000 seats available at this rate.

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VAS

Bal. Transfer

M shop

Easy money

Go green

insurance

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SWOT ANALYSIS

Strengths A major strength of any airline is the product

itself -- air travel. Airline staff is highly trained and

experienced, from pilots and flight attendants to mechanics and ground staff.

associated public acceptance of air travel as both a fast and safe way to travel.

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WEAKNESSES

Airlines have a high "spoilage" rate compared to most other industries. Once a flight leaves the gate, an empty seat is lost and non-revenue producing.

The quality & variety of a food is not applicable as much.

There is not such any special comfort zone for passengers.

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OPPORTUNITIES

Technology advances can result in cost savings, from more fuel efficient aircraft to more automated processes on the ground.

Technology can also result in increased revenue due to customer-friendly service enhancements like in-flight Internet access and other value-added products for which a customer will pay extra.

Link-ups with other carriers can greatly increase passenger volumes

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THREATS

The price of fuel is now the greatest cost for many airlines.

A plague or terrorist attack anywhere in the world can negatively affect air travel.

Food quality should be better & very maintaining. Competition in airline industry is ver high,so the

Passengers should be facilitated as much as possible.

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PROMOTIONS OPPORTUNITY ANALYSIS

“Identify target audiences for your goods and services.”

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TWO KEY OBJECTIVE FOR PROMOTIONS OPPORTUNITY ANALYSIS.

Determine which promotional opportunities exist for the firm.

Identifies the characteristics of each target audience.

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FIRST STEP FOR PROMOTION OPPORTUNITY ANALYSIS.

Establish marketing communications objectives

It may include the following-a) To develop Brand awareness.b) To increase demand/sales for offering.c) To change customer attitudes/perceptions about

the firm.d) To encourage repeat traveling.e) To become highly competitive.

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SECOND STEP

Prepare promotional strategiesThe strategies are the long term

directions tobe undertaken by the firm.Example-To employ “services ,” price/quality “ to

achieve Objectives. Free stay in ginger Hotels,using icici

credit card.

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THIRD STEP

Match your tactics with your strategiesTactics are considered to be short term in nature.(day to day

activity),It ,may include- Promotions/advertisements Posters Point of purchase displays. Free gifts Coupons Buy one get one free Special package tour Free ticket.

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