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Amaysim Australia LTD (STP) Marketing Strategy

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INTRODUCTION OF PURPOSE:
The purpose of this paper is to identify and analyse the ‘Segmentation, Targeting and Positioning’ (hereafter referred to as STP) marketing strategy used by ‘amaysim Australia LTD’ in the mobile telecommunications market. This will be studied through identifying the specific target markets, segmentation variables and comparing product offerings, specifically the ‘$50 Mobile Phone Plan’ against fellow competitors in the market.
AMAYSIM : INTRODUCTION
Founded as an Australian Telecommunications provider, ‘amaysim Australia LTD’ is a company which offers a range of household services from mobile plans, broadband, electricity and gas plans. The company’s business model is “centred around great value, no lock -in contracts …show more content…

This consists of its sim only products which have no complex price plans and no recharge fee with simple low rates to any network at anytime, devoid of a minimum term contract Australia-wide. The customer centric-approach can be seen as a “one to one” marketing strategy where Amaysim has focused on “build[ing’ a very close relationship with [the] customer in the expectation that the customer will reward them with loyalty and repeat purchasing, as well as positive word-of mouth to friends and colleagues’. (Elliott, 2017) This has proven to be successful as 93% of customers stated they would refer people they know to sign with Amaysim. (NPS Tracking Survey , 2017) . It has factored in strategies such as competitive offerings, targeted online performance marketing and a continued focus on customer satisfaction experience. The Amaysim brand is “positioned to hold a broad-based appeal with consumers” focusing on differentiating its marketing strategy from other Telco companies “that target niche demographics, ethnic customer bases or are marketed primarily as additional products to a core product offering such as a fixed -line broadband” (Macquaire Wealth Management, 2015)

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