Preview

Principles of Marketing - Case Study #1: Jet Blue

Satisfactory Essays
Open Document
Open Document
544 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Principles of Marketing - Case Study #1: Jet Blue
Basic Marketing Concepts – Fong
16/09/13
Company Report: JET BLUE

1. Give examples of need, wants, and demands that Jetblue customers demonstrate, differentiating these three concepts. What are the implications of each for Jetblue’s practices?

Jetblue meets customers physical needs by providing unlimited snacks and beverages during their flights, they even meet their social needs by providing such great customer service that their customers can feel at home, and they even meet their individual needs by providing free wi-fi in the terminals and providing free sending and receiving of emails while on board. The implications of meeting these needs is that Jetblue is truly dedicated to satisfying the customer and meeting all their needs to the best of their abilities, not just some partially.

2. Describe in detail all of the facets of Jetblue’s product. What is being exchanged in a Jetblue transaction?

Jetblue’s product is an all inclusive customer service experience that meets all of their customers’ needs and surpasses their expectations. The product they are given begins with the customer service they receive when booking the ticket, which is distinguished by its low price and continues when they arrive at the termainal. For example JFK’s new J5 terminal offers more than other terminals and has more security lines to improve the customers’ entire experience. On the airplane, superior customer service continues through an effort at humor during the safety lecture, unlimited snacks and drinks, free emailing, and staff that are willing to help anytime with a smile on their faces. Jetblue creates customer-managed relationships.
Value is being exchanged in a Jetblue transaction. Customer satisfaction/value for value from the customers, which in turn becomes profits for the company and due to the relationships they have built creating loyal customers, many of their customers love them and continue to fly Jetblue and recommend Jetblue to their

You May Also Find These Documents Helpful

  • Better Essays

    HMP1 000305944 Task 1 2

    • 4618 Words
    • 12 Pages

    Before David Neeleman’s non-compete agreement with Southwest Airlines expired, he envisioned the concept of starting a low-fare airline that would combine common sense, innovation, and technology and bring the humanity back into air travel (Gittel & O’Reilly, 2001). In 1998, JetBlue was born. In order for David to fulfill his goal of a “do-it-right” kind of airline, he needed to recruit superior industry veterans who were willing to start from scratch and place an emphasis on employees and customers. Each of these individuals, from the President, General Counsel, CFO, and the HR director, wanted to create an airline that was fun, had integrity, was safe, and cared for their employees, plus had a passion to get it right (Gittel & O’Reilly, 2001).…

    • 4618 Words
    • 12 Pages
    Better Essays
  • Good Essays

    Westjet Business Plan

    • 376 Words
    • 2 Pages

    WestJet plans to retain its existing customers while attracting new customers to build on its strong domestic market position by providing excellent, high quality services on an international scale. WestJet wants to be the airline of choice for long-term customers, and plans to design a new frequent flyer system to reward these customers for their business by offering various incentives. WestJet also plans on designing new revenue streams to meet the needs and requirements of its customers to ensure that they continue to receive the same high quality service. WestJet believes that by achieving these objectives, it can become one of the World’s leading airlines.…

    • 376 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Jet Blue Case Study

    • 1186 Words
    • 5 Pages

    As David Neeleman stated in a Dec 14th, 2006 article, he stated that “The best experience in the skies just got better,” he stated customers loved flying JetBlue because they get more value for their dollar, as they will receive amenities like, 36 channel of free DIRECTV programming, unlimited snacks, and more inches of legroom than any other U.S. airlines’ coach cabin. This means whether you are traveling for business or pleasure, that extra legroom…

    • 1186 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Jetblue Case Analysis

    • 1125 Words
    • 5 Pages

    JetBlue Airways airline was established by David Neeleman as a low-fare airline with high-quality customer service. His goal was to create an airline that was innovative for the current market. Their main focus was to provide service to areas that were underserved as well as to large cities with overpriced fares. He aimed to establish a strong brand that differentiated itself from its competitors by being a safe, reliable and low cost-airline. Neeleman managed to achieve this partially by hiring friendly, helpful, team-oriented, and customer-focused people. JetBlue is capable of offering low-cost flights due to their low operating costs. In order to achieve the cost advantage, they initially operated a single-type aircraft, the Airbus A320, as opposed to the more popular but costly Boeing 737. Not only was the airbus cheaper to maintain, but it was also more fuel-efficient. Additionally, they decided not to serve any meals on their planes as well as their pilots had to always be available, if needed, to help do the cleanup of the aircraft in order to minimize the time the aircraft was on the ground. They also pioneered the low-cost airline industry by displaying the lowest incidence of delayed, mishandled, or lost bags, and the third-lowest number of customer complaints. Since JetBlue is a customer-oriented company, its objective is to make the customer’s experience extraordinary by providing electronic ticketing and improved in-flight entertainment so that it can rapidly grow as an affordable airline.…

    • 1125 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Jetblue Business Culture

    • 448 Words
    • 2 Pages

    * Fun, JetBlue hires, trains and rewards its crewmembers to share and protect its vision, it guarantees that its employees are enjoying their jobs so the customers enjoy their JetBlue experience.…

    • 448 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Jetblue Case Analysis

    • 4169 Words
    • 17 Pages

    JetBlue airline was founded by David Neeleman who is a Brazilian born entrepreneur. His goal was to single handedly create a unique airline that was innovative for the current market. The low fare airline was designed for customers who needed to travel at affordable prices, and which would essentially create a new strand of business. Named JetBlue, Neeleman’s airline originally traveled to various cities around the United States, but has recently entered the international market by offering flights that reach countries such as Puerto Rico and the Dominican Republic. Since it is a customer oriented company, JetBlue makes ordinary flights into an extraordinary experience for its customers. With improved in-flight entertainment to electronic ticketing, JetBlue has grown to become a fast and affordable airline.…

    • 4169 Words
    • 17 Pages
    Powerful Essays
  • Better Essays

    Netjets priorities are retention, growth and operational excellence. It takes time and money to attract new customers. New customer spending must be offset against these acquisition costs until the customer becomes profitable. If they stay longer as a customer they are likely to recommend friends and to remain loyal. Customer referral accounts for 60% of new business for Netjets. On average dissatisfied customers will tell twice as many people about their poor experience than satisfied customers will tell about their good experience.…

    • 2315 Words
    • 10 Pages
    Better Essays
  • Good Essays

    Jetblue Airways

    • 695 Words
    • 3 Pages

    JetBlue Airways was established in USA as a low-cost domestic airline carrier. The company started operating as a point-to-point carrier, providing quality customer service at competitive prices.…

    • 695 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    JetBlue Airways was created with the primary purpose to provide low cost American flights with “top-notch customer service” at budget prices. On the stormy day of February 14, 2007, their airline service was tested to the extreme. JetBlue initially serviced passengers between New York and Florida and then expanded rapidly. By the end of 2006, the airline had 500 flights operating in 50 different cities providing each passenger with (luxury) amenities such as TV, and leather seats (Laudon, pg. 72). This rapid expansion brought challenges the airline had not prepared for.…

    • 1784 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Jet Blue Case

    • 2671 Words
    • 11 Pages

    In Exhibit 3 you will find a SWOT analysis, which summarizes strengths, weaknesses, opportunities and threats that JetBlue will have to address. JetBlue’s key strength and its competitive edge, currently lies in product and customer service…

    • 2671 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    The sponsorship will help JetBlue decrease the acceptability of issues that arise in their company such as bigotry, racism, and sexism. JetBlue's sponsor will be an organization that promotes good morals and ethics. The sponsorship effort will increase existing relationships and help to expand it's relationship with other organizations…

    • 780 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    JetBlue Airways Corporation was formed in August 1998 as a low-fare, low-cost but high service passenger airline serving select United States market. JetBlue's operations strategy was designed to achieve a low cost, whilst offering customers a pleasing and differentiated flying experience. JetBlue has had a successful business model and strong financial results during that period, and performed well in comparison to other airline companies in the US during the period between 2000 and 2003. It had been the only other airline apart from Southwest airlines, to have been profitable during the aftermath of the September 11, 2001 attacks on World Trade Center, and at a time when the entire airline industry was experiencing losses.…

    • 2882 Words
    • 16 Pages
    Powerful Essays
  • Better Essays

    Jet Blue

    • 1378 Words
    • 6 Pages

    Jet Blue markets itself as a young and free spirited company which consumers have turned there wallets to for making the flying experience cheaper, more efficient, and just as comfortable as the competitors. Their free spirit strategy showed consumers the ease of flying at a fraction of the cost minus ineffective things such as poor tasting meals on flights, plus individual televisions for all gives consumers a feeling different then flying but of easier and more efficient…

    • 1378 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    JetBlue began operations in 2000 as a well-funded start-up, which afforded us the ability to make significant investments in our product offerings, including all new aircraft equipped with leather seats and Live TV. This product investment combined with superior customer service at low fares led to widespread brand recognition and early success, predominantly with leisure travelers in New York. By the end of 2006, JetBlue employed over 10,000 employees (to whom we refer as Crewmembers), operated500 daily flights with a fleet of 119 aircraft and generated annual revenues exceeding $2 billion. A heavy debt load taken on to finance this rapid early growth, a wide-spread economic recession and record high energy prices led to annual losses in 2005 and 2006. It became clear to us this rate of growth, as then reflected in our aircraft order book, if not moderated, was unsustainable. Over time, we modified our growth rate through the sale and deferral of aircraft. Additionally, we began to structure our network and invest in offerings targeted to attract a higher mix of business travelers, particularly in Boston. At the same time, we allocated growth to Caribbean routes which typically mature to profitability faster than domestic routes.…

    • 4559 Words
    • 19 Pages
    Powerful Essays
  • Better Essays

    This portion of the paper outlines the formation of a vision statement and the mission and values JetBlue embraces. A firm can initiate strategic management once it forms a mission statement. That statement allows the firm to aspire to its potential while bearing in mind what it wants to avoid as is successfully grows (Barney and Hesterly, 2010). JetBlue’s mission primarily has been to be a premier low-cost carrier, and the firm has been lax in updating its original, short statements.…

    • 1121 Words
    • 5 Pages
    Better Essays

Related Topics