The Brand Strength of easyJet Plc Essay Example | Topics and Well Written Essays - 2500 words

The Brand Strength of easyJet Plc - Essay Example Removing extras from the service model such as establishment of first-class seating and meals allows a firm to cut costs all throughout the entire value chain (Thompson 2008). easyJet recognises that the majority of its customers are going to be price sensitive, thus in order to maintain market interest easyJet cannot deviate from its value model. The original marketing concept for easyJet in the last decade has been to â€Å"make flying as affordable as a pair of jeans† and where the company attempts to persuade consumers to cut out the travel agent role in booking and vacation planning (easyJet 2012). The TV series, Airline, created by LWT was a UK television series surrounding the dramas of actors employed with easyJet that ultimately made easyJet a household name in the UK (easyJet 2012). In order to establish brand recognition in key markets during initial marketing strategies, product placement and logo presentation in highly-valuable television markets built the ability of the company to have its logos and colours recognised instantaneously. easyJet has yet to deviate from this strategy of using logo and design characteristics associated with the organisation (e.g. orange and black) to differentiate the organisation from competition. The aggressive product placement strategies have built the brand equity currently experienced by easyJet. According to the company, â€Å"orange is one of our greatest distinguishing features. It is an essential part of our brand heritage and brand identity† (easyGroup 2011, p.5). When attempting to create brand recall using logo presentation, it is necessary to use consistent colour representations in order to appeal to consumers’ psychological characteristics... In the essay the business strategy of easyJet is about the original marketing concept for easyJet in the last decade has been to â€Å"make flying as affordable as a pair of jeans† and where the company attempts to persuade consumers to cut out the travel agent role in booking and vacation planning. Then goes the exploration of the brand strength of easyJet. easyJet has maintained its positive market position by using strategies that are not only aligned with budget-conscious consumers, but also those that promote convenience as part of market positioning strategy. easyJet is also able to rely on sponsorships and alliances throughout the entire business model in order to gain even more brand credibility and establish a set of values that are expressed positively to consumer markets. easyJet partnered with VisitBritain, a government sponsored marketing effort designed to lure more domestic and international tourism for the UK. easyJet also conducts considerable market research analyses both on internal processes and on what is driving consumer-centric trends in the external environment. Strengths for easyJet are the advantages that are provided the business as it relates to the tangible industry market. After the analysis of findings, we know the ability to achieve significant, record revenue gains in a market environment that has moved into maturity is a notable accomplishment for easyJet. At last, easyJet is a benchmark for using efficient brand enhancing activities in which promotional focus gives the brand more visibility.