Table of Contents
Introduction
and Objectives: 1
Introduction. 1
Objectives. 1
Current Market and Brand. 2
PESTLE ANALYSIS. 2
Political 2
Economical 2
Socio-Cultural 3
Technological 3
Legal 3
Environmental 3
SWOT Analysis. 3
Strengths. 4
Weaknesses. 4
Opportunities. 4
Threats. 4
Marketing Plan Objectives. 4
Specific. 4
Measurable. 5
Achievable. 5
Realistic. 5
Timed. 5
Segmentation, Targeting,
and Positioning. 5
Segmentation. 5
Targeting. 5
Positioning. 5
Marketing Mix Strategy. 6
Budget Recommendations. 6
Evaluation and the
Control: 6
Recommendations. 7
Oman Air
Introduction
and Objectives:
Introduction of OMAN AIR MARKETING PLAN
Oman air’s roots can be found from the staring
of the Oman International services started in 1970 and in 1972, OIS started its
new station from the Seeb International Airport. In 1981 Oman aviation
authority started with the joint of the stock company. Finally, 4 June 1993 the
Oman air founded in Muscat. In this, the first flight from Boeing to Salalah
started and the next flight to Dubai was started followed by the first. After
that many of the other air flights were started to other cities such as
Karachi, Delhi, Sharjah, Kuwait, and many other cities. Till 2000, almost in
many countries the Oman Air has started its services and facilitated many of
the local and international passengers (Oman Air lines , 2019).
Oman Air is the national airways company of
Oman which provides its aviation services within the country and also to the
international passengers. Oman Air headquarter is Muscat International Airport.
Muscat Oman. Its chairman's name is Ahmad Bin Mohammad Al Futtaisi and the CEO
of the company is Abdul Aziz Al Raisi. It was founded from the Oman Aviation
Group through which it is providing its services in the form of air flights and
the charter lifts.
Objectives of OMAN AIR MARKETING PLAN
Oman as leading and the developing company
is facilitating the national and international travelers and the visitors in
many executive ways. Its main aims and the objectives are as follows;
·
Its first objective is to
provide safety throughout the air traveling.
·
Next is to become and come in
front as the first choice in the market of airlines.
·
It mainly focuses to maximize
the revenue and minimize the cost of traveling.
·
It’s another objective to
attain its 10 years plan results in a better way.
·
Its next objective is to
provide the traveler luxuries and comfortable journey.
·
Its major objective is playing
its vital role in the development of the country.
Current
Market and Brand of OMAN AIR MARKETING PLAN
It is very important and essential for
every company or the brand to analyze and asses the market and the procedure
for the development of the company, for these two analyses are applied. That’s
areas PESTLE AND SWOT analysis. Both of these are helpful for every company to
analysis the stage, rank, and position in the market. These analyses also provide
the weakness and applied threats of the companies. The detail of the Oman air
in the context of this analysis are as follows;
PESTLE ANALYSIS of OMAN AIR MARKETING PLAN
PESTLE analysis is the assessment of the
factors like political, economic, social, technological, legal and
environmental that have to face any company. For this analysis, Oman findings
areas (Subramoniam, 2018);
Political
Elections and the changes that occurred in Oman
due to the elections held recently will affect the performance and the
activities of the Oman air. New elected political persons will influence on the
organization and business of the Oman air (Husain, 2016).
Economical
There is changing occurring in the Economy
of Oman due to the lesser production of the Oil that was considered as the only
source of the income. This change is favorable for the development of the Oman
Air. Condition of the loans, the credits
of Oman will affect badly the static of Oman (Al-Sarihi & Bello, 2019).
Socio-Cultural
The difference in the population rate and
the age factor is also affecting the performance of the Oman Airs. Position of
the health, education and the social behavior of people is also changing in the
country that’s is very helpful for Oman Air (Al-Sarihi & Bello, 2019).
Technological
Applying the new technology to the Oman
Airs is the positive point of the company. Oman Air is developing the
infrastructure and the work frame towards technology according to the comfort
of the people (Al-Sarihi & Bello, 2019).
Legal
There is occurring time changing of the
legislative due to the new government of Oman and this is not many issues for
Oman Air. Rules for the property and the laws of the taxations will be
favorable for Oman air in accordance with the revenue increase. Different rules
and laws for the public are improving that’s is leading to traveling people
more. Changes in the rules and regulations for the business are also done
that’s is an issue for the Oman Air (Subramoniam, 2018).
Environmental
Effect of the globalization on Oman Air is
leading to more flights. Climatic change in the context of traveling is not
good for traveling. Different natural hazards occurred within Oman are
decreasing the traveling in the country and that’s decreasing the revenue of
Oman Air (Al-Sarihi & Bello, 2019).
SWOT Analysis of OMAN AIR MARKETING PLAN
Swat Analysis is done to analyze the strength,
weaknesses, opportunities, and threats that are facing the Oman air in the
context of the traveling and the developments towards Oman. In this context the
findings are detailed discussed as follows;
Strengths
Oman Air is handled by the government of
Oman. Its major activities and the resources are towards the public of Oman. It
is the first choice of national travelers. Oman Air has to face less competition
in the market. Research opportunities to the employees of the company are the
next strength of Oman Air (Subramoniam, 2018).
Weaknesses
As the competitors are improving their
facilities towards the peoples and the Oman air is not integrating its systems.
Next, Oman is also not promoting its employees and not taking its employees
into a trust while applying new strategies. In this way, Oman Air is losing its
vital employees (Subramoniam, 2018).
Opportunities
Oman is a national company, so any new
policies adopted in the country are facilitated first in the company. There is
no hurdle for the company to apply new strategies and plans for development.
Oman Air is also providing employment to many of its national residents (Subramoniam, 2018).
Threats
Ongoing multiregional activities of Oman is
the main threat for the serving of the Oman Air. Next is the new government of
Oman will not be occupying the Oman air as the previous one (Al-Sarihi & Bello, 2019).
Marketing
Plan Objectives of OMAN AIR MARKETING PLAN
In the context of the Oman air, the SMART
rule ids described as the detail for the marketing plan and objectives (Sharma & Aggarwal, 2018);
Specific of OMAN AIR MARKETING PLAN
Oman air specific rule is to expand the
organizational operations towards the developing countries for the enhancement
of the tourism of their country.
Measurable of OMAN AIR MARKETING PLAN
Oman air measurable marketing objective is
to increase the air business up to 5% more as compared to the last year. Also,
to enhance the tourism of the country by 7% as the previous year.
Achievable of OMAN AIR MARKETING PLAN
The mentioned marketing objectives have to
achieve in collaboration with the government organizations, employees with the administrations
of the Oman Air.
Realistic of OMAN AIR MARKETING PLAN
Oman Air is the high profiled national
Airline so, it can easily target the new market. Oman has much potential for
tourism, therefore, better traveling can encourage tourism.
Timed
of OMAN AIR MARKETING PLAN
The above mentioned, marketing objectives are
scheduled to be attain timely. For this the time span is mentioned as the 2 years,
that’s is the challenging time for both of the Oman Air and also for the
Country.
Segmentation,
Targeting, and Positioning
Segmentation
Segmentation is regarded as market division
into segments based on different characteristics (Sharma & Aggarwal, 2018). Oman segmentation
is for targeting the local people, business travelers, urgent travelers and
tourists of the country.
Targeting of OMAN AIR MARKETING PLAN
Oman Air is targeting the gulf air industry,
Omani air industry and the developing countries of Asia and Europe (Oman Air Annual Report 2017, 2018).
Positioning of OMAN AIR MARKETING PLAN
The position of the Oman air is very good from
the perspective of the air market map (Sharma & Aggarwal, 2018). Presently, Oman Air
is providing high quality at high prices. As the market competition is
increasing, so the Oman Air should provide High quality with moderate prices.
Marketing
Mix Strategy of OMAN AIR MARKETING PLAN
Marketing Mix Strategy of the Oman air is
based on the following Four P’s as follows (Rajasekar, 2017);
·
Product: Oman airlines are providing traveling services, tourism services,
holidays packages, local and international air traveling, transportation from the
airport to destination and from destination to the airport.
·
Place: Currently Oman Air is operating from Muscat towards the 54
destinations all around the world. Its main focusing areas are Oman and the Gulf
countries.
·
Price: Oman air is working on valuable pricing through which high-quality
services are provided through the high prices.
·
Promotions: Oman airline is prompting its business towards Asia and Europe countries.
For this Oman, the air is facilitating the customers with good inflight
facilities and also the economic packages to regular travellers.
Budget Recommendations of OMAN AIR MARKETING PLAN
For the development of the marketing strategy,
Oman Air has planned a 2-year marketing plan through which the objectives of
the company will be accomplished. for this total 10 million budgets has specified.
From which the 10% is allocated for holidays and tourism Packages. 40% for the
Tv adds, 10% for print media 30% for online marketing and 10% for the
membership benefits (Oman Air Annual Report 2017,
2018).
Evaluation
and the Control of OMAN AIR MARKETING PLAN:
For the evaluation of the marketing plan of
the 2 years, there will be the settled short-term goals and through weekly
meetings, the performance of the employees will be checked out. Next to that, there will be a 2-month organizational
performance evaluation. At the end of the year, there would be Annual company
reports by which the whole plan will be checked. By comparing with last year's report,
it will be checked how much goals are to achieve. There will also provide
proper leadership for controlling the activities of the company.
Recommendations of OMAN AIR MARKETING PLAN
Based on the previous down PESTLE and SWOT,
recommendations for the Oman air are as follows;
a.
Oman air should follow the
rules and regulations of the destination’s countries.
b.
It should improve their ERP
systems and online services.
c.
It should come to the
leadership pricing strategy.
d.
It should enhance the marketing
and the business of the company.
e.
There should be proper training
of the employees on a regular basis.
References of OMAN AIR
MARKETING PLAN
Al-Sarihi, A., & Bello, H.
(2019). Socio-economic and Environmental Implications of Renewable Energy
Integrity in Oman: Scenario Modelling Using System Dynamics Approach. Climate
Change and Energy Dynamics in the Middle East., 17-46.
Husain, A. (2016). Economic reform and
political risk in the GCC: implications for US government and business. Middle
East Policy , 5-29.
Oman Air Annual Report 2017. (2018). Oman
Air Annual Report of 2017. Retrieved Dec 2019, from https://www.omanair.com/sites/default/files/content/about_us/pdf/2017annualreport_eng.pdf
Oman Air lines . (2019, 12 10). History .
Retrieved from Oman AIR line :
https://www.omanair.com/pk/en/uber-oman-air/history
Rajasekar, J. a. (2017). Oman Air: Challenges
of repositioning through business level strategy. Asian Journal of
Management Cases,, 4(2), 117-141.
Sharma, & Aggarwal, S. (2018). Principles
of Marketing. SAGE Publishers.
Subramoniam, A.-E. A.-M.-K. (2018). SWOT
analysis on Oman tourism: A case study. journal of Economic Development,
Management, IT, Finance, and Marketing,, 2(2), 1.