Saturday, January 10, 2015

Marketing In Indian Aviation

Aviation industry is on a boom since few decades. People prefer flying from one place to another than using trains and road transport. Even in India ,demand of air transport is drastically increasing because of the fast lives and increase in economic conditions. Origin of Indian aviation industry can be traced back to the year 1912 . Air travel remains a large and growing industry. It facilitates economic growth, world trade , international investment and tourism and is therefore central to the globalization taking place in many other industries. 75% of the Indian market share is owned by the private sector.
The whole marketing of aviation industry depends on two phases- making promises, keeping promises. The airlines has to focus both on the ground level service as well as the In-flight services. A distinguish in price even promotes and markets your airline .
Premium Pricing- Use a high price where there is a uniqueness about the service.
Cheap value pricing-This approach is used where external factors such as recession or increased competition force companies to provide ‘value’ products  and services to retain sales.
A new concept called Aviationmarketing has evolved over past few years where big firms are hired to market the airlines. These people are experienced in this particular field. They provide a full range of strategic and creative marketing services focused on aviation, aerospace and travel to help a company soar.

Their hands-on approach to marketing manages every phase of the company's program from initial concept to full implementation. With Aviation Marketing Consulting, the airline can focus on running business while they manage the day-to-day details of running an effective marketing program that will generate leads and have sales soaring.
Talking about Indigo airlines in particular, it is the leader today in the domestic aviation industry.
Indigo Airlines is one of the cheapest domestic airlines in India which is owned by InterGlobe Enterprises and Mr. Rakesh Gangwal
The core product of Indigo airlines is of course Air travel. The traveling is mostly for passengers but the cargo line of Indigo airlines is growing fast as well. Indigo airlines, being the country’s largest low-cost carrier offers one of the best airline services in the country. For the past three years, Indigo has managed to create profit whereas its competition has been making loses. This has largely been due to the fact that the airline increased its capacity and efficiency in its services while containing costs. As a way of increasing capacity, new flights have been introduced in order to get more passengers.

For instance, while the total airline capacity in India reduced by 4%, Indigo managed to increase its capacity by unprecedented 39%. Another strategy that Indigo applied is deft route planning such that it increased the number of aircrafts per route instead of only increasing the number of routes. The low-cost model strategy, purchasing only one type of aircraft and keeping the operational costs as low as possible coupled with an emphasis on punctuality are the main reasons for its success even when the airline industry in India was going through its rough.
No airline has worked harder at capturing the local market better than IndiGo Airlines. The airline relies on its cost and availability to promote its brand across the market. This investments in advertisements are low because it affects the cost. However, Indigo did come out with a few TVC’s of its own as well as does good advertising online. The airline has adopted a strategy of connecting flights to other destinations from one destination such that customers will not have to book another airline to arrive to their destination. For instance, it has connected four flights from Ranchi to Delhi, Mumbai, Patna and Bangalore and plans are underway for it to add Kolkata and Raipur.