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COMPANY OVERVIEW
An online travelservice portal
Deep Kalra, CEO ofMakeMyTrip (India)Pvt Ltd. (MMT)
Focused on the leisuand small-businesstraveller coming to
Objective to tap thepotential of the hugbillion NRI market
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THE TOURISM MARKET IN INDIA
Increased number of foreign tourists & increased travel by Indians todomestic and overseas destinations.
In 2003, the number of Indians traveling abroad increased by 30% to4.5 million.
Airlines receives 15% of their business through Internet sales.
In 2003, revenue generated $26 billion & 12% of travel services.
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MAKEMYTRIP: THE COMPANY & THE PROffer competitively priced
travel products real timebooking capability.
Entire facility of travelservices through Internet.
Addition to Airline ticket,
MMT offers Hotel booking,Holiday packages, car rentals,trains & cruises for Indian &International destinations.
Allows online booking andconfirmation, online Web
chat and toll free number.
Offer travel insura
business lounges ashopping discoun
Also offers informpassports, insuran
MMT launched w
B2B site offering tour packages for agents
Provide value addfree drop and pick
clients
V
V
V
V
V
V
V
V
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THE BUSINESSS MODEL & OPERATIONS
Constant monitoring of the service quality given to the
Lack a system to track timely customer follow-up
Delay in resolving a customer issue or query
Tracking customer buying and traveling habits
Technological advancement
CONCERNED
AREAS
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Real-Time AirlineBooking
Hotel ReservationSystem
Car RentalsInterface
CustomerMMT
Sales (CRSs)MMT
Ticketing
Customer
MakeMyTrip.com Interface
Airlines
Consolidators
Car Rentals
HotelsTour
Operators Net Carrots
Web SConte
MMT Sale
MMTOperations
Offline (After SaOnline Interface with MMT
Backend Operations
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CUSTOMER SEGMENT & ADVERTISEME
IndianMarket
InternationalTraveler
InboundTraveler
Holiday BusinessTravelerConferenceattendees Students VFRs
OutboundTraveler
DomesticTraveler
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CUSTOMER SEGMENT & ADVERTISEME
Low PC penetration, poor quality of dialup
access
Limited credit card usage on theInternet
Hesitation to make purchase onInternet
Competition from traditional brick-and-mortar travel agent
Fluctuating international market conditions
CONCERNED
AREAS
MM
Coke
Matrimonial portal
Pilgrimageportal
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COMPETITION
MMT
Expedia
Tra
Priceline
Less competition fromUS market
Aggressive advertising
campaigns
Large customer base
CONCERNED
AREAS
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MOVING ONTargeting inbound travellers
To move from 90-10 % split of revenues betweenair tickets and travel service to a 70-3- percent split
Domestic tour packages to NRI travellers
Targeting NRI/VFR tourist segment
Expansion of operations within India
Targeting European Market
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4 Ps ANALYSIS - MARKETING4 Ps DESCRIPTION / STRATEGY
PRODUCT
International and Domestic Air Tickets
Holiday Packages and Hotels Domestic Bus and Rail Tickets Private Car and Taxi Rentals MICE (Meetings, Incentives, Conferences & Exhibitions) B2B and Affiliate Services
SSSCT
PRICE
Best Price offers No middleman involved Customer can choose as per budget & their income Affordable to all class of customers
BAQ
PLACE
Internet marketing Online e-portal / e-business Dedicated 24*7 customer care support 20 offices in India & 2 international offices Franchise across various location
NAAA
PROMOTION
Promotion through social sites like Facebook, Twitter, You Tube, Magazine Sales promotions
Festival discountRound trip ticket discountBest deal of the month
Special offers to different holiday destination
OTCA
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3Ps OF SERVICE MARKETING
3 Ps DESCRIPTION / STRATEGY
PEOPLE
Self service marketing no direct interaction Travel agents distributors & dealers 24*7 customer care service
PHYSICAL EVIDENCE
Customer care service National and International Offices Travel Agents offices
PROCESS
Easy and simple process Mode of payment by any bank and any card MakeMyTrip on Mobile
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SERVICE MARKETING STRATEGY TO CREATE BRAN
Short term travel insurance
Offers the latest travel and health oriented informationTravel Insurance
Country specific mobile connection before departure Fulfilling customers specific communication needs when traveling
abroad
International SIMCard
Online purchase & transactions facility Instant & convenient access to your money in the currency of your
choice
Forex Card
Welcome gifts Accelerated reward point system (Repeated Purchase) Discount vouchers
MakeMyTripCredit Card
Individual Gifting (Birthday, Anniversary, Honeymoon, Wedding, etc. Corporate Gifting
MakeMyTrip
Gift Vouchers
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Can MMT sustain its business model by targetingonly the inbound travelers, or does it need to look atother markets and segments? If yes, which segmentswould you recommend? If no, can they grow within
the inbound segment?
QUESTION 1
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QUESTION 1
5
6
8
India provides high quality health services with affordableprices. Demand for Health Tourism is non-seasonal
MMT can also tie up with giant Hospital chains to provideoverseas customer with HEALTHY DEAL!!!
Due to changes in trends in IT, foreign travel of Resources is theneed
Corporate tie ups with middle level IT companies who lackTravel Department, MMT can provide them with TravelSolutions.
7
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CONSUMER BEHAVIOUR
The study by PhoCusWright in November 2003 found that flight anthe travel services most likely to be purchased online, while offlinedominate the travel activities category
COMPETITION
The aggressive advertising campaigns from the competitor like ExpMMT market share
CHANGES IN INDUSTRY The airlines might provide substantial discounts on their websites a
of business if they dont diversify
EMERGING MARKETS
The high growth in India outbound travel might make this as big if segment in next few years. MMT cannot afford to leave this segmen
For long termsuccess, MMT
will have to
change itsstrategy
QUESTION 1
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Ad revenues have never been core to MMTsbusiness plan. However, MMTs role in promoting
some leading NRI-focused brands suggests that thismight be another avenue that Kalra could
investigate. Does MMT need to look at advertising asa revenue generator?
QUESTION 2
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QUESTION 2
1. COKE:
Coke Registered 11 percent drop in sales after thepesticide allegations in India in 2003
As we can see the revenues have fallen for coke,coke needed to pump up on marketing to persuadethe customer. Hence they needed good online andoffline reach.
Being a good influencer for NRI and VFRs, MMTcould have been a channels coke could use in thosetimes.
7.56
4.36
5
2003 2004 200
Coca Cola Revenue Year
Globally
LETS LOOK AT BRANDS BEING ADVERTISED
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QUESTION 2
2. MATRIMONIAL PORTALS:
Matrimonial sites following their inception were booming due toinnovative means of finding alliance.
Also the penetration of Internet was increasing which led to growth inMatrimonial top line (2 million matches till date for Shaadi.com)
Theres also a trend of marrying an Indian bride or an IndianBridegroom for Overseas NRI people.
MMT would be a great point to tap such customers.
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QUESTION 3 Overseas Chinese population is 50
is majorly present in Thailand, IndMalaysia, USA and Singapore (Sowikipedia.org)
Consumer segment is nearly the sasimilar demographics and geograp
Setup for MMT would suffice for Addition of cheap deals for the da
increase the top-line, which can boChinese customer base.
Outbound customers would be moinbound customers, hence theyd havthem.
CHINA
SINGAPORE POPUL
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QUESTION 3
As you can see from the demograp
population of Singapore is pretty l Singapore is seen as a tourist desti
there would be more non-citizen tr
Hence, MMT has to use their netwworldwide to capture inbound trav
over the world.
SINGAPORE
0.0
1,000.0
2,000.0
3,000.0
4,000.0
5,000.0
6,000.0
1970(Census)
1980(Census)
1990(Cens
Total Population ('000) Singapore R
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QUESTION 3 With more than 100 million Filipin
Philippines, there are well About 1million people living abroad (mantemporarily moved for work and mabroad permanently)
From those living overseas 34% p11% in Middle East and 15 % in SCountries (Source : CIA Fact book
So, we can see a great amount of NFilipino Potential for inbound trav
MMT model for India would remasame in case of Philippines.
PHILIPPINES
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THANK YOU!