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Overview
Richard Branson and the Virgin Atlantic team
aspire to deliver the very best in air travel
services, keeping safety, security and,
consistent performance.
They built on these foundations by focusing on
business and leisure markets, having adopted
their highly acclaimed three-year strategy.
Three-Year Strategy
Overview (2006-07, 200708, 2008-09)
The three year plan aimed at boosting operating
margins and building continuing profitability.
The airline targeted and achieved an increase of
8.9% in the first year, 15.4% in the second year
and 1.4% in the third year in the number of
business travellers.
The strategy was adopted as an external
marketing device to land the company into a
profitable era. Their annual turnover went from
1912m in 2006 to 2337m best the end of FY
2008..
Employee satisfaction
Having long since achieved the pinnacle of customer
satisfaction, Virgin Atlantic also focuses on making sure
the employees remain satisfied too.
Employment benefits include a pension scheme, income
protection, air share (profit share), childcare, life
assurance, ticket loans and, gym, staff store and salon
amenities.
They also cater to holiday needs of the employees by
offering a weeks holiday to a destination of their liking in
exchange for a pat of their salary.
Virgin Atlantics commitment to its staff is very crucial to
their business, ingrained so in the very fabric of their
success.
Teamwork
The staff at Virgin Atlantic undergoes
comprehensive training to ensure customer
satisfaction whilst maintaining the standard of the
corporation.
Top class service to every passenger is key to their
employee in order to keep the customers satisfied.
Richard Branson emphasizes the importance of the
employees in the company by stating that the
company wouldnt exist without energy,
determination, wit and wisdom of every team
member.
External Marketing
Internal Marketing
Recruiting
A candidate planning to apply for a job at
Virgin Atlantic need to 1st send in a covering
letter and CV.
The covering letter needs to be well drafted
and to the point.
Once the candidate is selected for the
recruitment process, he goes through the
assessment process.
Training
Virgin Atlantic's training team supply the
highest levels of training to all employees,
ensuring they are best equipped to meet and
exceed our customer's expectations.
The Base- Team training facilities Virgin Atlantic
style.
Motivation
Employee motivation tools exercised by Virgin
Atlantic include offering various charitable
perks. For example, 60 members of the
company employees have climbed Mount
Kenya in order to raise 35,000 for a village in
Kenya.
Leadership
Leadership style at Virgin Atlantic stems from the organisational
culture of the company that has been set by its founder Sir
Richard Branson, who successfully exercises charismatic and
transformational leadership styles.
It has been specified that his leadership style is often
described as transformational, because of his informal style
and lack of emphasis on hierarchy within his companies, and
charismatic because Branson and Virgin are so inextricably
linked.
Rewards/Benefits
Full-time employees receive up to seven concessionary
standby flights a year to any of Virgin Atlantics glamorous
global destinations.
Employees are given the flexible pension plan where they
can plan for their financially secure future.
Income protection: Provides long-term income protection
benefit in the event that you are unable to work due to
illness or injury.
They provide childcare benefit to all employees wit children
under the age of 16.
INTERACTIVE MARKETING
VIRGIN ATLANTIC
SERVICE MARKETING
The famous friendly crew of Virgin
Atlantic makes sure that the customers
have everything they need, a
memorable services by the most well
trained air hostesses/employees, a
choice of 3 complimentary meals, a free
amenity kit, an award winning
blockbuster entertainment, a free
newspaper from London and
Manchester, as well as extra legroom
options for a more roomy journey.
INTERACTIVE MARKETING
A Taste for the High life:VIRGIN ATLANTIC keeps the customers topped up with wide
choices of complimentary drinks and delicious meals. They also
cater to customers specific or special dietary requirement and
happily tailor the inflight menu.
Keeping the kids happy:If you are travelling with family especially with children one
need not worry as there are tasty child meals, a kid's channel
on the seat-back, K-iD backpacks bursting with goodies.
Conclusion
Overall, Virgin Atlantic have a very
comprehensive marketing strategy.
Their external, internal as well as interactive
marketing policies have led them through
years of success and acclaim.
They cater to the needs of the external as well
as internal customers, which is crucial for
corporate giants like themselves to maintain
their hold in the market.