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Airline Marketing:
Final Project
Assignment and Guideline
Bangkok University 2017
Dr Narudh Cheramakara
Airline Marketing Final Term Project
Use the same airline/group as midterm project
Task
• Use your mid-term project as a catalyst to this report.
• Identify gap in your business (i.e. business
opportunities)
• Review the current products and services of your
competitor/other industries
• Come up with one new products / services for your
airline
• Justify why your airline needs the proposed
product/service
• Either to reduce the cost/or/Improve your revenue
• Using marketing theories in this class to plan for
product (e.g. segmentation, how would you
Clues
• Look at your competitors and see how can you
outpace them? What product are they lacking?
Or what product they have and you don’t?
• Look into other industries (Hotels, trains) and see
what can you implement their product?
• Products and service can be from Booking/Check-
in/Ancillary Revenue/Pricestructure or anything
• EG. Premium Economy for TG, Should Airline
codeshare with train companies? Cargo carriers?
Themepark?
Theoretical Applications
• Segmentation? What is your target market for
new products? Why?
• Pricing Strategy? How much will you charge?
How it will improve your revenues? (Consult
annual reports for clue)
• Promotions? How to promote
• Advertising How? Example
Assessment: The assessment for your work will be based on the
following criterion (10 points for each category totaling 50 points)
• 1) Creativity - The creativity of the strategies and implementation
• 2) Thoroughness - Make sure that all angles are explored and you
must demonstrate that you have a thorough understanding of the
industry and company you are working with
• 3) Realism and practicality of the plan
• 4) Theoretical Application - The ability to apply marketing theories
to the plan and the analysis along with explaining how it works in
reality
• 5) Presentation - You are expected to present this plan as an actual
one to the management. Therefore the presentation style must be
convincing and interesting.
Bu airline marketing final project

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Bu airline marketing final project

  • 1. Airline Marketing: Final Project Assignment and Guideline Bangkok University 2017 Dr Narudh Cheramakara
  • 2. Airline Marketing Final Term Project Use the same airline/group as midterm project
  • 3. Task • Use your mid-term project as a catalyst to this report. • Identify gap in your business (i.e. business opportunities) • Review the current products and services of your competitor/other industries • Come up with one new products / services for your airline • Justify why your airline needs the proposed product/service • Either to reduce the cost/or/Improve your revenue • Using marketing theories in this class to plan for product (e.g. segmentation, how would you
  • 4. Clues • Look at your competitors and see how can you outpace them? What product are they lacking? Or what product they have and you don’t? • Look into other industries (Hotels, trains) and see what can you implement their product? • Products and service can be from Booking/Check- in/Ancillary Revenue/Pricestructure or anything • EG. Premium Economy for TG, Should Airline codeshare with train companies? Cargo carriers? Themepark?
  • 5. Theoretical Applications • Segmentation? What is your target market for new products? Why? • Pricing Strategy? How much will you charge? How it will improve your revenues? (Consult annual reports for clue) • Promotions? How to promote • Advertising How? Example
  • 6. Assessment: The assessment for your work will be based on the following criterion (10 points for each category totaling 50 points) • 1) Creativity - The creativity of the strategies and implementation • 2) Thoroughness - Make sure that all angles are explored and you must demonstrate that you have a thorough understanding of the industry and company you are working with • 3) Realism and practicality of the plan • 4) Theoretical Application - The ability to apply marketing theories to the plan and the analysis along with explaining how it works in reality • 5) Presentation - You are expected to present this plan as an actual one to the management. Therefore the presentation style must be convincing and interesting.