Table of Contents
1.0 Introduction 2
2.0 Element of Marketing Mix 2
2.1 Price 3
2.2 Place 4
2.3 Product 5
2.4 Promotion 6
3.0 Corporate Social Responsibility(CSR) 7
4.0 Customer Relationship Management(CRM) 8
5.0 Marketing Strategy 9
5.1 Marketing plan 9
6.0 Conclusion 13
7.0 Reference 14
8.0 Appendix 16
1.0 Introduction
Suria KLCC is one of the world tallest and well-known buildings in world. Suria KLCC remains its position as leading retail centre in the country. It is owned by company named KLCC Property Holdings Berhad (KLCCP). In every by year, revenue recognition of KLCCP is increasing by rental income, car park operation, building and facilities management fees, hotel operations, and
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(Source: http://www.klcc.com.my/KLCCWeb/klccp.nsf/F76B777F465FA6E748256D9E00267526/5A7BB0AC7F3DFC14482570C8003488A7?OpenDocument)
2.3 Product
According to Elliott et al (2008), he stated that “product can be tangible and intangible goods as it can be a goods, services, experiences, events, person, idea, activity, etc in an exchange.” Product can be offering a goods and services in order to satisfy a needs and wants. Suria KLCC is a famous shopping landmark in Malaysia and it has 6 levels of retail outlets with personalized theme which creates distinctive characters in different levels. Isetan, Parkson Grand, Signatures food court in level 2 and Tanjong Golden Village are the main tenants in Suria KLCC. There are more than 300 specialty stores which offer an array of goods and service to the shopper. The end result would be from a perfect combination of fashion, entertainment, local and international food and arts. Most of the international brands direct import their goods to the specific stores. Other that than, the world class Dewan Filkarmonik Petronas , Kuala Lumpur Convention Centre and Aquaria are nearby Suria KLCC as well. (Source: http://www.suriaklcc.com.my/index.php?module=AboutSuria)
Besides that, the parking bay is considered one of Suria KLCC’s products. It is because of it providing
Pinpointing non core assets for sale, including terminals at Sydney and Melbourne airports and outsourcing activities to reduce the complexities of running a full service airline.
Operations management is the planning, organising and controlling all sectors of the operations process to potentially meet customer demands and expectations while also using resources efficiently. Globalisation is the removal of trade barriers between nations resulting into one single economic market. This is both detrimental and progressive to a business as it brings significant impact on operations strategies. This can be seen through the case studies of the largest Australian airline, Qantas and leading global manufacturer and seller of sportswear and accessories, Nike.
The airline industry has long attempted to segment the air travel market in order to effectively target its constituents. The classic airline model consists of First Class, Business Class and Economy, and the demographics that make up the classes have both similarities and differences to the other classes. For instance there may be similarities between business class travellers on a particular flight, but they will not all be travelling for the same reason. An almost-universal characteristic of air travel is that customers do not fly for the sake of flying; the destination is the important element and the travel is a by-product, a means-to-an-end that involves the necessity of an aircraft that gets the customer from point A to point B.
November 16, 1920 Paul McGinness, Hudson Fysh, Fergus McMaster and Arthur Baird established Qantas in Winton, Queensland. Qantas is an abbreviation for Queensland and Northern Territory Aerial Services Limited. Today it is Australia’s largest domestic and international airline and was nationalised during 1947 after the Australian government purchased all shares in Qantas. Qantas is currently considered to be the world’s leading long distance airline and one of the most powerful labels in Australia. Qantas is persistent in providing exceptional service to its customers and is at the front line of the international civil aviation industry.
Marketing strategies are an extremely important factor in determining the overall success of large global businesses (LGB). Marketing strategies are plans of action intended to promote and sell goods or services. There are a number of marketing strategies available, however, this report focuses specifically on pricing, promotion and global marketing. These determine how a business sells its goods and services, subsequently affecting market share, profitability, and cash flow. This is demonstrated when looking at the global businesses of Qantas Pty Ltd and Apple Pty Ltd. Qantas is an Australian based airline, which has grown from an airmail company to the largest airline in Australia,
Established in 1920, Qantas is the world's 11th largest airline and the 2nd oldest. It was founded in the Queensland outback as the Queensland and Northern territory Aerial Service (QANTAS) Limited, by pioneer aviators Hudson Fysh, Paul McGinness and Fergus McMaster. Qantas was a former government owned business; it did not view profits or efficiency as its prime goal. In 1993 a 25% stake was sold to British Airways. Qantas was privatised in 1995 and has had to adopt management practices to overcome both internal and external influences and had to change its narrow-minded culture. Although Qantas is primarily a passenger airline, air freight is also an integral part of its core business. Other Qantas
Globalisation is having a significant impact on marketing. This is because a business, by distributing itself across international borders makes its product more readily available to international customers and creates employment opportunities in the country it has moved to. To understand the impacts, globalisation, marketing (particularly market segmentation), global marketing strategies and general history of Qantas need to be examined.
The aim of this report is to evaluate whether Qantas airways is a suitable company for ethical investment. Firstly, Qantas has currently been incurring in an ethical issue, because it has reduced in almost 50 % its staff in order to obtain better profits, however, the flight safety
Organisations come to exist to fulfill many purposes and reasons. For example some pursue to provide essential services for the community benefit, whereas others for profit produce goods or services. Therefore in general terms business plays a role in overall contribution of our society. The market today is very strong and competitive. Hence marketing activities often can be a differentiating factor between industry leaders and the other market players. The purpose of this report is to examine the marketing objectives of Qantas airlines. This assignment wishes to firstly focus on giving a background of the company. Secondly defining the term segmentation and target market and describing Qantas apparent target market. Thirdly the positioning Strategy Qantas has taken, fourthly explaining the role that Integrated Marketing Communication plays in the company’s current marketing effort. Lastly marketing communication tools, messages, and media that Qantas uses to communicate with the different audiences it targets.
The Qantas Airways is the largest airline in Australia. Its Human Resource Management operates in the company in four major areas, which are business segments, corporate, shared services, development, and learning. This report gives limelight to the Qantas airways HRM and its role in ensuring perfect operations of the company. It further discusses change management and job analysis and design. The company has undergone intensive change management such as cutting of prices and labor costs in order to ensure high productivity, moderation of wages as well as the introduction of flexible structures through a versatile and motivated workforce. Moreover, the HRM is also responsible of ensuring that right people are hired and
Plagiarism is to be treated seriously. Students caught plagiarizing, can be expelled from the programme
Qantas is established in the Queensland outback in 1920 and after that it has become biggest domestic and international airline and strong brand in the Australia. It is enrolled as the Queensland and Northern Territory Aerial Services Limited (QANTAS) and the group two airlines brands are Qantas and Jetstar those provides transportation services of the customers. Qantas created its strong brand reputation through deliver safe and secure services, focus on customer services, maintain reliability of operations and focus on maintenance, engineering and technology (Qantas Airways Limited, 2014). Quanta main business aims or objectives are:
BA’s product in essence relates to the flights offered. However, the product can be drilled down into specific areas ranging from the airport lounges around the world, the ‘extras’ that you can buy on board such as model BA aeroplanes or even package holidays. Each of these has been specifically tailored to meet customer expectations (which are highlighted in the section of the report titled ‘target market’). This part of the marketing mix focuses on how BA’s products are managed and in the Guardian case study article titled ‘BA, Iberia and American Airlines tie-up heralds new era of transatlantic travel’ dated 06/10/2010 it shows how BA have made an executive decision to link their websites with other companies to have the possibility to offer a higher number of routes (products) to their potential customers.
Marketing is selling the product goods and service by knowing the needs and wants of the customer and consumer (Kotler P, 2009). Marketing Management expertise has capable of knowing the change of an organisation to manage both the internal and external challenges of environment (Cant M C, et al, 2009). A company needs to classify the customer needs and identifies the demand of the supplying
It has announced that 2011-2012 was a 24th consecutive year of profit for the Emirates Airline and the group. At present, the airline covers 72 countries with 122 destinations and has around 190 aircraft, while it network is escalating continuously. More than 1,200 flights leave to destinations into six continents.