Boeing\'s marketing strategy PDF

Title Boeing\'s marketing strategy
Course Marketing Essential
Institution Đại học Kinh tế Quốc dân
Pages 3
File Size 53.6 KB
File Type PDF
Total Downloads 67
Total Views 133

Summary

Boeing's marketing strategy...


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Boeing's marketing strategy Introduction Boeing is the world's largest aerospace company and the world's leading manufacturer of security, space and defense systems. The company operates and supports airlines in more than 150 countries globally by providing tailored services and products such as advanced information and communication systems. With a hundred years of age, Boeing has always been the leader in the airline industry. So what makes Boeing's Marketing strategy? Find out through the article below. What constitutes Boeing's Marketing strategy - a brand that produces more than a hundred years of aircraft? A question that analysts always wondered why Boeing survived to become the world's largest aerospace company while most of its competitors disappeared from the market. There were other pioneers in the early days of aviation like Donald Douglas, Howard Hughes, Glenn Martin, James McDonnell and Jack Northrop, but their companies were eventually saturated compared to other companies. In fact, some of the most famous businesses were bought by Boeing. Build your own cultural empire Boeing offers a wide range of products as part of Boeing's marketing strategy. With a wide range of products and services offered to different groups of customers worldwide, Boeing is truly successful with every product on the market. The widespread presence in trade, national security and in services that support and finance customer purchases also make Boeing's business model more feasible and competitive. Boeing has created an excellent culture that makes it hard for the founder to believe it. There is no doubt that Bill Boeing is a visionary, but he left the company in 1934 - just 18 years after it was founded. In fact, other companies started by aviation pioneers, they will not be able to manage and track the incredible growth of people on the heels. And so, the company lost its cultural identity after its founder left. However, Boeing did not, Boeing soon developed a culture regardless of an important vision that was given to the predecessor. That is the success in the empire of a hundred-year-old aircraft manufacturing brand.

Products are always improved over time The Boeing Empire is dominated by engineers willing to spend anything needed to overcome the technology that their competitors are offering. When the military called for a "multi-engine" bomber in the 1930s, Boeing was the only company to offer an aircraft with four engines instead of two - the famous B-17. While other companies were struggling to match the success of the 707 jet aircraft in the 1960s, Boeing provided the 747 - the world's first aircraft. Although faced with great risks, the company suffered heavily, but more than anyone else, these engineers understood technology better than anyone and were determined to lead the market with those techniques. Boeing is always adaptive when the market changes. When the War Department searched for heavy bombers during World War II, Boeing shifted from making small planes to large planes. When the civil aviation industry developed rapidly after the war, it adjusted its large aircraft technology to build passenger planes. No matter how the demand has changed, Boeing is always ready to apply its skills in new ways to please the market. Communication strategy unique selling places Boeing sells its products through connections with various companies around the world. Some of its customers include Air India, Lufthansa, Jet Airways. Distribution has the most important part including spare parts distribution. Distribution centers are located in 10 different locations. To reduce transportation costs and minimize delivery times, centers are strategically located and aligned with the brand's global strategy. In addition, the company can order Boeing aircraft through the improved website, and at its time, Boeing is the first airline brand to sell online - a service that is so popular today. . Communication is faster than competitors Boeing promotes brand image through television advertising and print media considered the advertising industry's trend at the time. Its logo is printed on all carriers. In addition, Boeing also sponsors many events to increase brand coverage on national television channels. Another innovative thing that Boeing has done compared to competitors at the time is to build promotions targeting mobile networks. Moreover, many links on many different websites bring great traffic for traffic to the brand's main website. Whenever there is a new product, the company also announces the name of the aircraft throughout the entertainment media to ensure that the aircraft is of interest and attention to consumers.

Conclusion Because advertising campaigns are always ahead of their time, Boeing is proud to be the world's largest space communications company. Brands that can draw a lot of lessons from Boeing's marketing strategy bring the globe. The aforementioned factors have created a world-leading aviation empire....


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