Preview

Strategic Marketing Management of Turkish Airlines

Powerful Essays
Open Document
Open Document
3523 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategic Marketing Management of Turkish Airlines
17.01.2011
Academy of Economic Studies

Strategic Marketing Management of Turkish Airlines

Strategic Management

Table of contents

1. Introduction
2. General description of the company
3. Vision, mission and corporate values
4. Strategic objectives
5. Analysis of external competitive business environment (Porter’s model)
6. SWOT Analysis, PEST Analysis
7. Strategy description & implementation
8. Possible resistances analysis and methods of over passing resistances
9. Conclusions
10. References

1. Introduction
A comprehensive marketing plan for Turkish Airlines, particularly focusing on its services, product differentiation, target markets and customer segments is vital to ensure its survival against the existing services provided by its competitors - British Airways, Pegasus Airlines and Easyjet.
The objective of this strategic marketing management plan is to further develop Turkish Airlines market share in summer 2010 and winter 2010/11 period through marketing programs and initiatives. The task undertaken begins with overview of the company, its products for the worldwide market and competitive advantage. In order to better understand where Turkish Airlines should focus its strategic marketing management campaign and how it should differentiate its product several analyses are made. The report also looks at the airline internal strengths and weaknesses through SWOT analysis and identifies the airline external operating environment through PEST analysis. Marketing promotions highlighted in this strategic marketing management plan serve to increase market share in the short term while the advertisements seek to increase product and brand awareness in the long term. Finally, the report will be concluded with an overall summary of the company situation, market share and evaluation of its future marketing activities.
2. General Description of Turkish Airlines
THY –



References: Doganis R. (2006), “The Airline Business”, 2nd edition, Routledge Publishing, USA Doganis R

You May Also Find These Documents Helpful

  • Good Essays

    The purpose of this paper is to review the marketing issues identified in a fictional Airline called Classic Airlines. I was presented with a scenario in which I will attempt to identify several things about the company and its situation as presented in the scenario. I will first discuss the nature of the product that Classic is offering. Next I will analyze the types of challenges the company is facing and discuss the corporate culture within the company. Last I will attempt to apply some market concepts to the presented scenario that I believe may improve the situation for the airline.…

    • 662 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    air canada vs west jet

    • 2334 Words
    • 10 Pages

    These report focuses on comparing the strategies between air Canada and WestJet. It does this by first discussing a brief background of the airlines together with their objectives. In addition, the paper goes a mile further to discuss how the two airlines carry out their market research and also the marketing tools they apply. Furthermore, it also gives an opinion on whether their strategies are in line with their objectives. Moreover, it also discusses the similarities and differences between the airlines’ strategies not forgetting the influence of the national or local government on their strategies. The conclusion gives a brief summary of the entire report.…

    • 2334 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    This paper will use a problem solving model to solve Classic Airline’s marketing problem. The company is suffering within the airline industry due to several factors, a couple being the massive increase of costs for fuel and labor. The resolution in conquering the airlines dilemma will be addressed in a comprehensive nine-step problem solving model. This model will include Defining the Problem, Gathering Facts, Feelings, and Opinion, Identifying the Real Problem, Generate Possible Solutions, Generate Possible Solutions, Evaluate Alternatives, Select Best Alternatives, Gain Approval and Support, Implement Decision and Evaluate Results. The factors of this difficulty in the marketing of this company will be identified, analyzed, followed by a robust decision on the strategy to resolve Classic Airlines’ crisis.…

    • 2479 Words
    • 10 Pages
    Powerful Essays
  • Best Essays

    Virgin’s main competitor is Qantas airlines in all strategic business units, SBUs. BCG matrix finds that Qantas is bigger than Virgin in all SBUs in respect to market share by triple the size. Virgin’s growth rate is approximately equal in difference between international, domestic and tourism with domestic being the highest standing at 5.23%. This report will uncover the situational analysis strictly at a management level with links to marketing theories and concepts.…

    • 1601 Words
    • 7 Pages
    Best Essays
  • Best Essays

    Airline companies are becoming more and more competitive as the low budget discount airlines are becoming popular. It is key for airlines to differentiate themselves among the various airlines to choose from, and United Airlines wanted to ensure that it offered products and services for all marketing segments. “United realized that it needed to develop a customer-centric future strategy and galvanize its organization to improve the customer experience for its most valued customers” (Prophet, 2012, para. 1). This paper discusses the marketing plan for the newly merged United Airlines. It will cover all elements of a marketing plan such as the company overview, executive summary, target market, competitors, product and services, and location. It will also go into detail of the marketing budget, pricing strategy, and the summary and implementation plan for the company.…

    • 2778 Words
    • 12 Pages
    Best Essays
  • Good Essays

    United Airlines

    • 934 Words
    • 4 Pages

    There is no doubt the advent of readily-obtainable pricing and availability for airline travel via the internet has changed competition drastically. Not only are customers able to search and select flight times and destinations from each individual airline’s own website, but they now also have the ability to compare everything regarding the flights from plane types, durations, layovers, connecting flights, additional fees and fares on independent travel booking sites such as Travelocity and Expedia; with multiple carriers listed side by side. For this reason, United Airlines has no choice but to implement a strategy involving their marketing which creates a positive view of the United brand. The textbook defines strategy as “an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage” (Hitt, Ireland & Hoskissin, 2011).…

    • 934 Words
    • 4 Pages
    Good Essays
  • Best Essays

    British Airways

    • 3116 Words
    • 13 Pages

    Furthermore, a thorough analysis of the marketing performance of British Airways will produce clear justifications and overall reviews as to how well the…

    • 3116 Words
    • 13 Pages
    Best Essays
  • Powerful Essays

    Virgin brand analysis

    • 3916 Words
    • 16 Pages

    Its Australian airline segment has also been experiencing huge growth in recent years. Their marketing campaign as well as their brand strategy is both fun and fascinating in many aspects. This essay will consequently analyze their trademark and its impact on consumer behavior and attempt to explain what has made this company so popular amongst consumers. Different marketing concept and theories will be used to get a better understanding of how the company marketing effort work as a whole and more closely in Australia.…

    • 3916 Words
    • 16 Pages
    Powerful Essays
  • Best Essays

    This report will be discussing strategic management to a company in the airline industry. This report will examine a chosen company’s strategic management and outline the stages. Strategic management is analyzing the situation facing the firm, also on the foundation of analysis formulating a strategy and lastly implementing strategy. Strategic management is the identification and the description of strategies that can be used by managers so as to attain better…

    • 4639 Words
    • 19 Pages
    Best Essays
  • Best Essays

    The aim of this report is to examine the company British Airways (BA) by starting with a Marketing Mix and S.W.O.T. analysis while moving onto focusing to the marketing positioning. The report will research into who the customers are and the ways BA attract their target market. Lastly, the report will advise BA of various recommendations with regard to future marketing strategies ending with a final conclusion.…

    • 3316 Words
    • 14 Pages
    Best Essays
  • Better Essays

    Delta Airlines

    • 1881 Words
    • 8 Pages

    Delta Airways (DELTA) is the US’s largest airlines; it operates both internationally and domestically along with chartering air services for the carriage of passengers, cargo and mail. The airline flies to over 900 destinations globally and is considered to be a leader within the industry with almost 770 aircrafts in service. Starting back in 1924 as a crop dusting company down in Louisiana, merging with several airlines and rising through bankruptcy to become one of the strongest airlines in the business today.…

    • 1881 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    This report is divided into nine parts and the first part is a brief background of the Virgin Australia’s international airlines. From the second to the eighth part, the knowledge and theories of marketing management and planning will be used to analyze the international airlines of Virgin Australia in details. They are: clearly define the product line; through analyzing target market, market share, market size and its growth to achieve the result of market analysis; in-depth dissect the international airlines of Virgin Australia by applying marketing mix strategy; identify and compare the two major competitors; define the impact of macro environment on international airlines; summarize the key points of SWOT; use marketing theories to identify two emerging issues. Finally, the key points of this report will be provided in the conclusion part.…

    • 5151 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    Tnt Assignment

    • 4917 Words
    • 20 Pages

    The focus of the strategic marketing plan would be to outline a strategy for the TNT company, which is a very well known courier company. This company has managed to gain success in the past but it is apparent that in placed like Malaysia, the company is undergoing heavy competition from various other courier companies. Increasing competition, lack of innovation and high pricing are all factors that are contributing to the low performance of the TNT company in Malaysia. What is apparent here is that the success of TNT is now under threat as there is immense competition and also lack of efficient marketing at the company in Malaysia. The primary aim of the strategic marketing plan would be to make a proposal of a strategy to make the firm very competitive through capitalizing on its strengths and taking advantage of its opportunities. The firm provides a courier related services and the aim of the report would be to focus on their express courier service that concerns the courier of documents, parcels as well as packages inside and outside of Malaysia. The strategic marketing plan outlined its mission and vision, their strategic objectives as well as a deep analysis of their micro/macro environment. The firms key success factors would be examined and the macro-environmental analysis would likely to bring out trends as well as relevant information which would then be subject to examination of the present state of the market, its industry and also various relevant data that can help to pave the way for the recommendation of a marketing strategy for TNT. Among the conceptual frameworks that would be used include SWOT and PEST. It is stated here that the implementation of the strategy is likely to assist the company to address issues and challenges so as to make sure that there is survival for the following 3-5 years.…

    • 4917 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    This report conducts a critical analysis of the British Airways organization in the context of its competitive environment, by evaluating the route of their competitive advantage over other airlines within the same market. The report will begin with a Segmentation, Targeting and Position (STP) analysis in order to evaluate how well they achieve customer orientation. In addition, a PEST analysis as well as Michael Porter’s Five Forces analysis will be conducted, highlighting potential macro-environmental and external factors that may influence BA’s future profitability. Lastly, a SWOT analysis will be conducted which will connect BA’s objectives to potential, actionable tactics to be carried out for the future. The report will be summarized with a conclusion, identifying the activities that contribute to their cost leadership and product differentiation abilities, as well as potential weaknesses in their current strategy, in order to guide strategic decision-making processes for the future.…

    • 4762 Words
    • 14 Pages
    Good Essays
  • Satisfactory Essays

    Turkish airlines introduce in Pakistan in 2009. It is co-affiliated with PIA. They started there official flights from 26may, 2011. The main rivals of Turkish airlines are Emirates, Qatar and Etihad Airlines. They have just entered the market but have the largest number of customer among their rivals.…

    • 807 Words
    • 4 Pages
    Satisfactory Essays