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Marketing Research - EasyJet PLC

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Marketing Research - EasyJet PLC
CONTENTS

Table of Contents:
1. Executive Summary 2

2. Background Information 3

3. Problem Definition and Objectives 5
3.1 MDP 5
3.2 MRP 5
3.3 Components 5

4. Research Design 6
4.1 Target Population 6
4.2 Sampling Process Steps 6
4.3 Questionnaire 7

5. Data Analysis 11

6. Findings & Recommendations 13

7. Limitations 14

8. Biography 15

Executive Summary

This market research report is based on EasyJet founded in 1995 by Stelios Haji-Ioannou. One of the largest airlines in the United Kingdom and Europe’s leading airline operating on over 600 routes across more than 32 counties. The company offer a number of services from package holidays to car hires bookable via the easyjet.com website, the 3rd most searched for airline on a global scale (Google Analytics). With number 1 and 2 market share positions in key airports across Europe, this year EasyJet have been voted one of the best for budget flight in a Skyscanner survery. Having seen a rise of 10.5% in revenues between FY2012 and FY2013 and with over 370 million visits per annum to easyjet.com attributing to 85% of sales, EasyJet are now looking at ways in which the company can have a stronger understanding of their customers and their needs/preferences in order to balance keeping costs down with a strong customer experience increasing customer satisfaction and loyalty.
From the background information available, the management decision problem (MDP) was defined as: “Should EasyJet invest capital into improving the online customer experience in order to understand their customers, increase customer satisfaction and loyalty?”
Using a combination of conclusive descriptive and exploratory research approaches, the market research group acquired detailed qualitative and quantitative data from previous EasyJet customers and concluded with a recommendation of EasyJet not investing



Bibliography: ARF. (2013). Journal of Advertising Research. Available: http://en.wikipedia.org/wiki/Journal_of_Advertising_Research. Last accessed April 2014. Beynon-Davies, P. (2013). EasyJet Case Study. Available: http://www.palgrave.com/business/beynon-daviesbis2e/students/case-studies/Easyjet_2nd-edition.pdf. Last accessed April 2014. EasyJet PLC. (2013). 2012 Annual Report. Available: http://2012annualreport.easyjet.com/corporate-responsibility/our-people.aspx. Last accessed April 2014. EasyJet PLC. (2013). About Us. Available: http://corporate.easyjet.com/about-easyjet.aspx?sc_lang=en. Last accessed Feb 2014. EasyJet PLC. (2013). Winning Against Low-Cost Competition. Available: http://corporate.easyjet.com/~/media/Files/E/Easyjet-Plc-V2/pdf/investors/results-centre/2013/US-inv-presentation-10-sep-2013.pdf. Last accessed April 2014. EasyJet PLC. (2014). Annual report and accounts 2013. Available: http://corporate.easyjet.com/~/media/Files/E/Easyjet-Plc-V2/pdf/investors/result-center-investor/annual-report-2013.pdf. Last accessed April 2014. EasyJet PLC. (2014). Fearless Flyer. Available: http://fearlessflyer.easyjet.com/. Last accessed Feb 2014. Google Analytics. (2013). EasyJet PLC. Available: http://corporate.easyjet.com/~/media/Files/E/Easyjet-Plc-V2/pdf/investors/result-center-investor/annual-report-2013.pdf. Last accessed April 2014 Hall, E Lucintel. (2012). Global Airline Industry. Available: http://www.researchandmarkets.com/reports/2521924/global_airline_industry_201320_trend_profit. Last accessed April 2014. Lucintel (2012). Global Airline Industry 2013-2020: Trend, Profit, and Forecast Analysis. London: MarketLine Quick Numbers. (2013). EasyJet. Available: http://www.contactphonenumbersuk.com/easyjet-phone-number/. Last accessed Feb 2014. Similar Web. (2014). easyjet.com. Available: http://www.similarweb.com/website/easyjet.com. Last accessed May 2014.

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