Thursday, June 20, 2019
Week 7 Case Analysis Study Example | Topics and Well Written Essays - 750 words
Week 7 Analysis - Case Study ExampleThe company instituted a policy that allowed its customers to sign in two bags free of charge. Most airlines in the industry charge their customers $15 to $25 per bag. The strategy has been very effective because during recessionary times customers are looking for for ways to save.Transportation Southwest Airlines operates in an industry in which overhead costs are very high. The company might be foregoing a lot of income by not charging its customers money for transporting their bags.Integrated Marketing The company is using an integrated securities industrying campaign in which the firm is attempting to steal mart share from other companies by promoting its free bag policy. The organization might have made a mistake within its strategy by congruous the first airline in the industry to charge for carry-on bags to highlight the benefits of free bag handling.Promotional Mix The firms promotional mix has been effective, still the company migh t not be focusing on other revenues opportunities such as increasing the amount of business flyers that utilize the firms services.Target market The marketing strategy of the company is targeting flyers that are looking for a bargain price. The firms strategy is not focusing copious on obtaining recurrent flyers. Based on Paretos 80-20 rule 80% of a firms business comes from 20% of its customers (Starak).Public relations The humankind relations campaigns of the company focus a lot on how fun it is to fly with the company. The firm might be better off by illustrating to its customers how untold more value the firm offers through its combination of lower prices and free bag handling. Value based purchasing brings together information about the attribute of the product or service (Ahrq).The case study is a good illustration of how companies can take advantage of recessionary times to increase their market share. Often people believe that during a recession all businesses have
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