Preview

Virgin

Satisfactory Essays
Open Document
Open Document
408 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Virgin
Introduction

Virgin Group LTD is one of the most well-known, respected brand and outstanding international investment group. Invented in 1970 by Richard Branson. Virgin Group became a widespread company and began to grow up in businesses such as: mobile telephony, travel, financial services, leisure, TV, music, holiday and health & wellness. It involved in the fields of airlines, rail services, and transportation services, motorbike and cruise packages. They also operate gym facilities, racing teams, balloon flights, online video gaming and employee health program. In 1971 opened the first Virgin record store. In 1979 started to produce books, films, and megastores lately in 1984 they introduce their first airplane. In the latest 80’s they launched a luxury hotel range and keep buying new Boeings and opened new flight destinations. In 2000 began with car tracks and start to pop-up in the first line of stores. In 2009 celebrate their 25th anniversary.

Mission
According to the Mission Statement published on the VirginVieAtHome Web site (2008) “If there's a philosophy that runs through every Virgin Company, it's the desire to be different by being better. Better quality, better service and better value.” 1
By this Virgin is trying to say that they are standing for quality, innovation fun and value, competitive challenge. They keep goals and objectives by empowering their employees and monitoring customer’s feedback. Virgin improves decision- making by putting their selves in the customer’s shoes to see what could be better.

Vision
Virgin vision can be defined by words of Richard Branson (1997). “We are planning a global presence in travel, mobile communications, entertainment retailing and music. We are in exciting markets, which are set to benefit considerably from technological developments in distribution and fulfilment. I believe that Virgin has the opportunity to be in the top 20 of global brands.”2

Core Values
Happy people at work. Employees

You May Also Find These Documents Helpful

  • Powerful Essays

    “Maintaining a constant focus on providing higher quality vacations at tremendous value to our customers, while keeping an eye on the bottom line and earning superior returns for our shareholders.”…

    • 7656 Words
    • 25 Pages
    Powerful Essays
  • Better Essays

    The internationally acknowledged trademark "Virgin" is spread across many countries from credit cards, to airlines and music industry "megastores".…

    • 1355 Words
    • 6 Pages
    Better Essays
  • Best Essays

    The marketing plan of Virgin Media is designed to examine the position of the company in the digital television market. According to latest reports from Ofcom the digital television industry is expanding and the number of customers are expected to rise every year. Virgin Media offers the customer with a wide array of choice like interactive TV, Video On Demand and superior technology. The objective of this plan is to describe the major findings and provide recommendations.…

    • 3818 Words
    • 16 Pages
    Best Essays
  • Powerful Essays

    In this report, as a marketing advisor to VG, I will disscuss about the following topics:•Developing a marketing communications plan for VG•How can VG become truly customer focused•The importance of minimising cognitive dissonance in the minds of target customers•SWOT analysisSection 1 - MarketingCommunications PlanI.IntroductionIn many years, space activities have been considered to be developed and managed by the government for the purpose of research or military only. Nowadays, space travelling has been commercialised to fulfill the dreams of human to see the Earth from space. Virgin Galactic (VG) is one of the few pioneers available in the market. As this is a totally new market, and VG is also a new business of the Virgin Group, it is crucial to develop a complete marketing communications plan so that customers can get to know VG and its services better. Market segmentation should be done before the communications plan to identify the target customers.…

    • 4538 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    Virgin Group Limited is a British branded venture capital conglomerate organisation founded by business tycoon Richard Branson.[2] The core business areas are travel, entertainment and lifestyle. Virgin Group's date of incorporation is listed as 1989 by Companies House, who class it as a holding company; however Virgin's business and trading activities date to the 1970s. The net worth of Virgin Group Ltd as of September 2008 is £5.01 billion. It consists of more than 400 companies around the world.…

    • 391 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    ‘Since it was founded almost twenty years ago, Virgin Atlantic Airways has become Britain’s second largest airline serving the world’s major cities. Virgin Atlantic is the quintessential Virgin story. It has every ingredient: the small…

    • 4528 Words
    • 19 Pages
    Powerful Essays
  • Better Essays

    In 2011 it took this methodology further by presenting new outfits; new catering alternatives on board; new wide body airplane to rival Qantas on Perth – Sydney administrations; and the simultaneous presentation of business class in January 2012 together with another competitor and renaming of the brand to Virgin Australia…

    • 4707 Words
    • 19 Pages
    Better Essays
  • Satisfactory Essays

    - “Virgin is about doing things that really work, not just looking the parts. We are passionate about running our businesses as well as we can, which means treating our customers with respects, giving them good value and high quality and making the whole process as much fun as it can be.”—Richard Branson, Chairman…

    • 619 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Leadership in Virgin

    • 898 Words
    • 4 Pages

    “To grow a profitable airline which people love to fly and where people love to work”…

    • 898 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Britain’s the second largest carrier service. Its huge popularity has ensured its success worldwide. This success is also due to a strategic plan implemented buy Virgin Atlantic. This presentation will attempt to point out some of these key strategies…

    • 1106 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    With the hopes for an economic upturn still remaining, it is recommended that the Virgin group approach and review, with great urgency, the matters outlined in this memo. Questions have been raised by many noted publications including the Economist and Marketing News regarding the current financial state, brand strength and future of the Virgin group. Many has quipped Mr. Branson and the Virgin group as over-exerting and extending company resources, capabilities and competencies beyond a controllable and unprofitable threshold. Many critics have pointed to Virgin’s brand losing goodwill and compromising core values due to the brand stretching. With over 20 holding companies and 200 operating companies under the Virgin group umbrella, it is due time that we reevaluate each business organization and fully utilize the upcoming year restructure the Virgin brand and gain a new outlook for the millennium.…

    • 2400 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Charlotte Beers at O&M

    • 1532 Words
    • 7 Pages

    The vision that Charlotte and her team put forward was “To be the agency most valued by those who most value brands”.…

    • 1532 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    | * has a vision of captivating new and challenging future prospects and wants to continue his brand (Virgin)…

    • 253 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    In a way Virgin American is implementing a sort of brand extension strategy. “Here on Biz” is essentially a new product that is synonymous with the Virgin America name giving the app a more recognized brand backing for more effective marketing. Although this app is still in the introduction stage, many positive responses to the app seem to indicate a long, strong growth stage in the near future. This new app brand extension has performed well in the airline business and responded well to satisfy the subconscious cravings of airline consumers to stay connected. This craving…

    • 945 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Virgin is a U.K-based company led by Sir Richard Branson and is one of the three most recognized brands in Britain. The company has a vast history of brand extensions – one of which is their launch of a wireless phone service in the USA. Dan Schulman has been appointed CEO of the Virgin Mobile USA branch and is now trying to determine what pricing strategy would be most efficient in attracting and sustaining customers in the USA. There are several other decisions which also need to be made, such as who the target market will be, what unique features Virgin mobile can offer to differentiate from their competition, which channels to use in order to sell their product and how to advertise their product most efficiently.…

    • 2282 Words
    • 10 Pages
    Powerful Essays