Classics Case Study Writeup Marketing

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    Marketing ManagementCase Study Write-up

    Submitted To:

    Ms. Aliya Bushra

    Submitted By:

    Hamza Saqib

     Noor Malik 

    Wardah Khan

    Waleed Chaudhary

    Date:

    3rd March, !"#

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    Facts:

    • Airlines is $ years old %i&h a 'lee& o' 3($ )e&s and ser*es +! ci&ies

    • n a*era-e i& has 3!! daily 'li-h&s

    • &s membershi/ decreased by !0

    •A*era-e number o' 'li-h& /er member decreased by!0

    • Board cos& reduc&ion by "$0

    Problems:

    • 1ack o' communica&ion

    • 1ack o' coordina&ion amon- di''eren& de/ar&men&s

    • 1o% 2m/loyee morale

    • 1ack iden&i'ica&ion o' needs and %an&s o' &he cus&omers

    • eclinin- demand

    • 1ack marke& research and s&ra&e-ic /lannin-

    • 1ess cus&omer en-a-emen&

    • Cus&omer dissa&is'ac&ion

    • Mana-emen& 'ocused more on numbers &han marke&in-

    • 4ainin- com/e&i&i*e ad*an&a-e %i&hou& discoun&in- air'ares

    • 2*ery&hin- abo*e resul&ed in /oor sales, /ro'i&s and s&ock /rice

    Solutions:

    Classic airlines mus& s%i&ch i&s 'ocus &o cus&omer needs and %an&s and i& can be done by

    conduc&in- a com/rehensi*e marke& research &o 'orecas& marke& /o&en&ials, 'u&ure demands,

    analyze com/e&i&i*e en*ironmen&, cus&omer5s /urchase beha*ior and iden&i'y &he needs and

    %an&s o' i&s /o&en&ial buyers. & %ill hel/ &he com/any &o become cus&omer orien&ed and se&u/-oals and im/lemen& s&ra&e-ies %hich can enhance cus&omer en-a-emen& and cus&omer

    sa&is'ac&ion le*el. 6he com/any should 'ocus on im/lemen&in- n&ernal marke&in-, n&e-ra&ed

    marke&in- and cross 'unc&ional &eams, &o coun&er lack o' coordina&ion amon- de/ar&men&s, lack

    o' communica&ion and lo% em/loyee morale. Hirin- &he ri-h& kind o' em/loyees and /ro*idin-

    &hem a//ro/ria&e &rainin- alon- %i&h /er'ormance a//raisals %ill no& only hel/ im/ro*e &he

    em/loyee coordina&ion bu& %ill also encoura-e in becomin- a cus&omer 'ocused com/any.

    7ela&ionshi/ mana-emen& &echniques like social marke&in- and da&abase marke&in- %ill assis&

    Classic airlines &o en-a-e %i&h cus&omers and &urn &hem in&o loyal cus&omers. n i&s

    ad*er&isemen&s, Classic can /romo&e 1o*e and Nos&al-ic a&&achmen& as i& has $ years o' a lon-

    his&ory o' sur*i*in- i&s cus&omers. 6he mana-emen& should %ork on /or&er5s di''eren&ia&ion

    s&ra&e-y, since i& is de&ermined &o a*oid reducin- air'ares. & can be accom/lished by o''erin- i&s

    'requen& cus&omers %i&h discoun& *ouchers %hile e8/andin- &he *arie&y o' e8is&in- meals ser*ed

    on &he 'li-h&s. Sou*enirs9-i'&s9&oys can be a -ood o/&ion 'or &he 'amilies &ra*ellin- %i&h children

    as i& can kee/ &hem busy durin- &he lon- 'li-h& hours. Ser*ice s&ra&e-ic alliances %i&h o&her

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    Com/anies like Sky%ay : 1a&in American Airline can be 'ormed, enablin- Classic airlines &o

    ser*e &hose rou&es %hich &he o&hers are 'ailin- &o ca&er &o. Hed-in- by acquirin- addi&ional 'uel

    on reasonable /rice can also /ro*ide si-ni'ican& sa*in-s 'or &he com/any. Classic can 'ur&her

    crea&e *alue 'or i&s cus&omers by 'ine &unin- i&s *alue chain.