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Describe and analyze the marketing strategy of ‘Ryanair’ and evaluate its effectiveness. by Dudley Gould © Dudley Gould
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Structure (Poster) Describe Marketing Mix – the 4 P’s Analyze SWOT Evaluation of effectiveness © Dudley Gould
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Product / Service Low cost - no frills air travel European destinations Ancillary revenue and in-flight service © Dudley Gould Product Promotion Place Price
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Promotion Slogan: “Fly cheaper!” No advertising agency O’Leary overseas much of the promotion Use of controversy © Dudley Gould Product Promotion Place Price
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© Dudley Gould
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Place No travel agents Internet booking/ check-in Use of secondary airports © Dudley Gould Product Promotion Place Price
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Price 70% lowest prices 30% highest prices Hidden costs © Dudley Gould Product Promotion Place Price
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How else the price is kept so low Big discounts on aircraft Uniform aircraft No seat selection No air bridges © Dudley Gould
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Strengths Strong growth Declining costs High ancillary revenue © Dudley Gould
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Weaknesses Niche market Bad press Fuel costs Maintenance costs Staff costs Route charges © Dudley Gould
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Opportunities EU enlargement The LCC market share Profit in 2010 Hedging Ordering more planes © Dudley Gould
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Threats Aer Lingus shares Operating margin Dependence on economic trade cycle Fuel costs © Dudley Gould
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Evaluation Marketing Mix Ryanair is a strategic marketing success of the last decade. Michael O'Leary leadership has been crucial. The low cost strategy © Dudley Gould
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The Future Fuel prices Oil hedging & currency trading Limited expansion Customer perception Ryanair needs to adapt to the future! © Dudley Gould
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Bibliography http://www.ryanair.com/de http://marketingteacher.com/case-study/ryanair-case-study.html http://ivythesis.typepad.com/term_paper_topics/2008/02/ryanair-case-st.html http://www.authorstream.com/Presentation/aSGuest56032-445779-ryan-air/ http://www.slideshare.net/puya455/newanalysis-of-ryanairs-competitive-advantages http://hillrichblog.co.uk/2009/08/the-3-rs-of-marketing/ http://en.wikipedia.org/wiki/Hedge_(financee) http://www.investinganswers.com/term/operating-margin-370 http://www.scribd.com/doc/43543274/Strategic-Analysis-and-Evaluation-of-Ryanair http://www.centreforaviation.com/news/2009/06/03/ryanair-swot-analysis-addicted-to-growth-a-great-model- for-bad-times/page1 http://www.scribd.com/doc/47646350/Ryanair-Case-Study http://dev.ulb.ac.be/cours/alle/PDF/BuspPresRyanair04.pdf http://www.lamk.fi/material/ryanair_strategy.pdf http://www.scribd.com/doc/18152552/RyanAir-Case http://www.brandchannel.com/features_effect.asp?pf_id=49 http://ivythesis.typepad.com/term_paper_topics/2009/05/company-business-plan-ryanair.html All visited on 06.06.2011 Hyperlinks Books Tony Cleaver, Economics, the basics, second edition, Oxon 2011 Siobhan Creaton, Ryanair: How a Small Irish Airline Conquered Europe, Aurum Press, 2004 Paul Kilduff, Plane Speaking: The Wit and Wisdom of Michael O’Leary, Aurum Press, 2010 © Dudley Gould
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