Professional Documents
Culture Documents
Marketing Plan For Ryanair
Marketing Plan For Ryanair
for Ryanair
1. Executive summary
2. Mission statement
3. Marketing objectives
4. SWOT analysis
5. Market research
6. Market strategy
INDEX 7. Budget
Executive summary
- LOW-COST AIRLINE
Mission Statement
Ryanair’s mission Ryanair’s
objective
Ryanair’s strategy focuses on eight different strategies
Maintain low fares
Deliver best customer service performance
Provide frequent point-to-point service on short haul routes
Achieve lowest operating costs in the industry
Take advantage of the Internet
Commit to safety and quality maintenance
Enhance operating results through ancillary services
Focus on growth in targeted specific markets
Marketing objectives
1. Cost minimization
Marketing objectives
4. Time optimization
Marketing objectives
Strengths Weaknesses
Europe's largest low-cost airline Bad reputation
Opportunities Threats
Ryanair and
WizzAir
Market strategy
Product Place
- Operate through their website,
- Air services to European
third party websites and
destinations travellers can also book their
- Partnered with hotels and tickets directly from the airport.
car rentals - Offer services to 200
- Offer economy and destinations in 33 countries
business plus tickets
Promotion Price
- They use simple means like - 70% of their seats are sold at
newspaper, radio and television to
lowest price, 30% at higher price
promote their website.
- They focus on portraying
and 6% at highest price.
- They also include extra fees for
themselves as a simple and happy
family friendly airline. passengers that haven’t booked
-They also used regular sales tactic. the tickets on an early basis.
Budget
Commercial activities
carried out in Spain.
620 routes in
Spain.
The budget airline Under the plans, Ryanair
forecasts it will carry:
will connect the
Costa del Sol with 79
destinations, adding
50 new planes over the next five BARCELONA
MADRID
years will be destined for the nine new routes, and
6.7 million 7.1 million
Spanish market. offer 1.9 million seats people a year people a year