Business Plan Outline
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SOUTHWEST AIRLINES - HawaiiCLASS |
Notes |
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Executive Summary |
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Current Marketing Situation |
SWA has connecting flights to Hawaii that are served from Dallas and other major cities. The flight to Hawaii is like most others, crowded and at capacity. |
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Market Description |
Price sensitive |
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Product Review |
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Competitive Review |
United, Delta, and American are the major domestic competitors |
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Distribution Review |
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SWOT |
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Strengths |
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Weaknesses |
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Opportunities |
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Threats |
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Objectives and Issues |
Develop a first class flight at a lower cost. |
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Marketing Strategy |
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Positioning |
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Product Strategy |
Reduce number of seats in the plane for comfort and atmosphere |
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Pricing Strategy |
Not the most expensive and not the cheapest |
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Distribution Strategy |
Offer prime flights to frequent SWA customers |
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Communications Strategy |
Frequent flyer emails, terminal displays, in flight marketing and corrependence |
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Marketing Research |
Internal data and competition data |
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Marketing Organization |
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Action Programs Metrics |
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1st Quarter/Year |
Offer flights to preferred customers |
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2nd Quarter/Year |
Measure sales data |
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3rd Quarter/Year |
Expand offering to full market |
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4th Quarter/Year |
Increase number of flights to Hawaii |
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Pro Forma Budgets/Financials |
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Additional Controls |
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For this assignment complete a similar chart and then write an Executive Summary of the idea. You will video your presentation of the Executive Summary in the final assignment.