The analysis will analyze the company''''s overview, including the company''''s history and the productsand services it owns; analysis of Vietjet Air''''s competitor Bamboo Airways by SWOT model;
Trang 1Group 4
MKT 3 1 8 M
FINAL GROUP PROJECT
Trang 2INTRODUCTION COMPANY OVERVIEW MARKETING RESEARCH RECOMMENDATION AND CONCLUSION
Table Of Conten
Trang 3The subject of analysis of the report is Vietjet Aviation Joint Stock Company The analysis will analyze the company's overview, including the company's history and the productsand services it owns; analysis of Vietjet Air's competitor Bamboo Airways by SWOT model; Analysis of the
company's target customers
The analysis will focus mainly on analyzing distribution channels, Marketing activities on social networking
platforms based on Fanpage Karma and Ad Library, and Marketing activities on search engines through the
distribution table Analysis on Similar Web and SEMRUSH Suggestions will then be given to the company on
improving communication channels and marketing
activities on social networking platforms and search
engines
Finally, there will be a Reference List of reference sources according to Harvard format standards
Trang 4Tran Hoang Anh
Trang 5Licensed in November 2007
December 20, 2007, the company was officially awarded a business license
November 2009, officially opened
2023, Vietjet was honored in the top 50 strong brands in Vietnam voted by Vietnam Economy magazine.
Trang 6Entertainment service Special service,
Trang 7Distributed widely throughout the country.
Capture a significant market share.
Strong local brand.
New, diverse aircraft, high operating time, low fuel
consumption and cost savings The fleet is modern, numerous and thriving.
The staff is young, always enthusiastic and very professional.
As the first private airline in Vietnam
The fleet includes modern wide- body aircraft such as A321neo, A320neo and Embraer
Good service quality, highly appreciated for crew service, in- flight meals, and entertainment Ticket prices are flexible,.
WEAKNESSES
Poor productivity management Overcrowded, flights are often delayed.
Experience in the customer service industry is quite limited Management experience is still not much.
As a young airline, it lacks operational experience and has limited management personnel The fleet size and route network are still small compared to
Service policy is not stable and changes frequently
Trang 8at first.
Trang 9Strong international growth The government has many support policies for aviation businesses.
The development of science and technology is
increasingly modern and highly applicable in the customer service industry.
Cross-line partnerships and joint ventures are on the rise.
Vietnam's aviation market is growing rapidly and travel demand is increasing Expand more domestic and international routes.
Invest in technology and improve customer service Cooperate with major airlines
to expand flight routes Building an effective brand and marketing strategy.
Competition with other airlines majorFierce competition from The growth rate of the airlines such as Vietnam
Airlines, domestic economy is slower, Vietjet,
Airport congestion Rising fuel prices greatly
affect Customer demands are operating costs.
increasingly high and customer Laws and regulations areTHREAT behavior is changing increasingly strict.
Fuel prices to operate Impact of COVID epidemic and machines tend to increase economic recession.
Natural conditions such as rain, staffRecruiting qualified aviation storms, etc due to climate (pilots, flight attendants, etc.)
in change affect flight quality Vietnam faces many
Trang 10and difficulties
flights due to limited training
capabilities.
Trang 11TARGET CUSTOMER
DEMOGRAPHICS
VietJet's motto is to create aircraft opportunities at lower
costs for domestic people and Vietnamese tourists
Gender: Vietjet Air customers are mainly male, accounting for 51.18%
Age: The average age of Vietjet Air customers is 25-34 years old Income: The average income of Vietjet Air customers is 10-20 million VND/month
Place of residence: Vietjet Air customers mainly live in big cities such as Hanoi, Ho Chi Minh City, Da Nang,
Level of internet usage: Vietjet Air customers use the internet regularly, especially social networks such as
Facebook, Instagram, Ticket booking habits: Vietjet Air
customers often book flight tickets online on Vietjet Air's website or application
Trang 12Owned media is created by businesses and is the official channels of the business Helps build good relationships with customers, ability to control content, low risk and long- term benefits.
Currently, Vietjet owns 5 Owned media channels, including 1 official website and 4 social media channels: Facebook, Instagram and Youtube.
Trang 13ONLINE CONSUMER BEHAVIOR
Vietjet Air customers
usually spend about
Trang 14devices.
Trang 16to control content, low risk and long- term benefits.
Trang 175 OWNED MEDIA CHANNELS
Trang 18PAID MEDIA
Paid media is a paid media channel to
promote products and services It brings unique experiences but is expensive
However, Paid media can convey
information instantly and have the ability to control content.
ADVERTISEMENT
Vietjet advertises on corporate social
media channels such as Facebook,
Instagram and Messenger using dynamic ads Advertisements on these channels are automatically displayed to target
customers who have shown interest in
services on Vietjet's website.
Trang 19Sponsorship Activities
Vietjet accompanies the Vu A Dinh scholarship fund to support poor ethnic minority and island students with hundreds of free air tickets to return home to visit during holidays and summer vacations Vietjet Deputy General Director Do Xuan Quang said: “Vietjet always cares and wants to give the best things to the young
generation Accompanying the Vu A Dinh Scholarship
Fund, Vietjet wishes to contribute to giving wings to the
dreams of poor students overcoming difficulties, especially
children of ethnic minorities and islands, to give strength to
the children, nurturing the dreams of the young
generation."
Trang 20VietJet brings Tet joy to ethnic people
With the desire to help poor people have a full and warm traditional Tet, Vietjet donated 500 gifts
to households, including 150 gifts and warm clothes for preschool students, primary school and teachers at Ban Kha school, Sin Cheng commune.
In addition, the program also organized medical examination, treatment, and medicine
distribution for 500 people with the support of doctors and nurses from the Vietnam-Soviet Friendship Hospital (Hanoi).
The Tet of Kindness Program is an activity in a series of volunteer activities organized by Vietjet over the years to spread the spirit of good living and beautiful living of Vietjet employees to the
Trang 21Earned media
Earned media is a viral media channel, the voice and sharing of users about the brand The advantage is that it creates high prestige and trust for the business, and a large reach, but on the contrary, Earned media has the
disadvantage that it is difficult to control.
On the airline's official Facebook channel, Vietjet created a hashtag that many users responded to, shared widely and attracted a large number of people interested in the brand.
Trang 22SOCIAL MEDIA
MARKETING
2.1
M ENGINE G SEARCH ARKETIN
Trang 23Posts per day
With the performance
index, Facebook
this platform
Topp the chart with 2.4 million fans When compared to the average number of followers of other airlines, Vietjet has a fairly high and good number of followers.
Facebook's follower growth percentage decreased
slightly to
-0.076% The reason may come from ineffective strategies, reduced travel demand or competition from other airlines.
Facebook post interaction
rate is 0.049%.
Maybe the quality of the images and content is not attractive enough, or the advertising is not right for the right customer base.
2.3 is Vietjet Air's post index on the Facebook platform, the highest among the 3 platforms Looking at the statistics, it can be seen that Vietjet Air is focusing the most on distributing content via the Facebook platform but it has not really brought about certain effectiveness.
Ranked 1st
with a performance
This is not a very large number but
is still considered okay compared to the communicati
o n channel
of a Vietnamese
airline
Instagram channel's follower growth rate is
1.9% This number is quite good, proving that Vietjet Air is on the right track, reaching the right target customers.
0.18%
interaction rate on Instagram is a good indicator Vietjet Air is doing well
in building a series of quality content, attractive and eye- catching images, suitable for those using the Instagram platform.
Trang 241.6
Vietjet Air's post index
on Instagram This is a pretty good index, clearly reflecting Facebook,
is a potential future communic ation channel that Vietjet Air is developin g.
Trang 25Posts per day
Interactions per impression
but Vietjet Air
has not used
it much
recently.
893k followers
is quite a high number on the TikTok platform today.
Proving that Vietjet Air is
on the right track in approaching and communicati
ng its image
to the public
1.2% is a pretty good growth rate index, far average The reason may be due to the strong development of TikTok, giving Vietjet many organic followers.
Or maybe because Vietjet has applied a successful marketing strategy and has viral clips, it has attracted a steady increase
in followers every month.
0.050% is the rate of users re- engaging through videos on TikTok This is
a low number, compared to the number of followers and growth index.
It may be because users feel the video content is inappropriate
or not attractive enough to make them discuss the clip.
0.4 is the post index on TikTok.
This number
is quite low
if Vietjet really wants
to promote and increase recognition
on this platform.
0.025% is a measure of user engagement with a post
on TikTok This index clearly reflects that content is not really attractive enough to retain viewers.
Youtube
Overall, it
shows that
Vietjet does not
have any page
of viewers.
However, compared to other airlines
this number is still quite modest.
0% is a number that shows that Vietjet Air's YouTube channel has had no growth
in the number
of followers recently.
This proves that Youtube
is not the
media channel Vietjet Air wants
to focus on developing The interaction
rate with videos posted to YouTube every month still increases by
0.0040% This is not a very high number but
is still okay compared to an undeveloped Vietjet media
Trang 26of each video on Youtube and
is a stable level Compared to 0% growth and poor performance this is still counted as a steady number of interactions because Vietjet Air builds its image through other platforms.
Trang 27There are 5 main types: link, photo, reel, status and video
However, it can be seen that photo is the main type used by
Vietjet Air with 18 articles accounting for 80%, followed by
video and ranked last is reel, status and link.
Top post
Posts with the highest engagement performance:
+ All have specific and clear topics, related to the needs that
customers are looking for.
+ Beautifully designed photo, outstanding message
+ There is a call to action at the end of the article
+ Sufficient text length (40~60 words)
Weakest
post
Posts with the worst engagement:
+ General content, notification of flight delay, lost luggage
+ There are usually no accompanying images or images that
do not attract the viewer's eyes
+ Text is usually long > 70 words
Engagement
In terms of post engagement, images are the most engaging and posted
content format Videos, links, status, and others rank behind with
relatively low engagement.
Hashtag Top hashtags were #vietjet used 22 times and #enjoyflying 19 times
Vietjet Air is doing a great job of synchronously using hashtags in all
posts, helping to increase brand awareness on media channels.
Time In terms of time, fanpage posts are mainly on weekdays such as 2nd,
4th, 5th, 6th and less gradually posted on Tuesdays and weekends.
Frequency Vietjet Air's posting frequency of the week is 2.3% This is a pretty good
number, steadily with the general ground of other airlines.
Best time to
post
Trang 29content types There are 2 main types: photo and with hashtag However, photo
with hashtag is used mostly 100% It can be seen that Vietjet Air
is exploiting quite well the highlights of this communication
channel.
Top post
Posts with the highest engagement performance:
+ All are real people, clear, eye-catching
+ True, close, useful content to users
+ Attach appropriate hashtags, post at times when many
people interact
Weakest
post
Posts with the lowest engagement performance:
+ The content is almost all advertising about travel tickets,
incentives of Vietjet Air
+ The image does not attract the viewer's eye
+ Post at a time frame with few people interacting
Engagement
In terms of post engagement, it's generally okay The lowest liked post
is 25 likes and the most likes are 121 likes.
Hashtag The main hashtags Vietjet Air is using are #baylathichngay and #vietjet.It can be said that the brand is doing quite well in synchronizing
hashtags in all articles, increasing brand awareness on communication
channels
Time In terms of timing, Instagram posts are generally fairly even and stable
However, on the 5th day will post mainly and evenly divided into days
from 3rd to Sunday except 2nd.
Frequency 1.6 is the posting frequency on Instagram This is a fairly stable
number, proving that Vietjet Air is increasingly focusing on the
Trang 30Best time to
post p.m daily, with an average of 15.5 engagements per hour 2nd andThe golden time to post on Instagram is between 10:00 and 12:00
3rd are the days with the least interactions: 13.8 interactions/hour.
Trang 31YOUTUBE
Trang 32TIKTOK
Trang 33FACEBOOK ADS
In September 2023, Vietjet conducted 14 advertisements
+ Vietjet mainly advertises on Facebook, Instagram, messenger and audience network Advertising mainly focuses on selling airline tickets and finding potential customers.
Advertisements repeated 3 times
=> The advertising content focuses on introducing cheap airticket promotions for flights from Da Nang, Phu Quoc toHong Kong for only 410,000 VND Vietjet repeat thisadvertisement to reach more potential customers, increasebrand awareness and motivate customers to buy tickets
Trang 34FACEBOOK ADS
1/09/2023 - 30/9/2023
2.1
In September 2023, Vietjet conducted 14 advertisements
Advertisements repeated twice
India is a potential tourism market, but there are still many Vietnamese users who do not know about VietJet Air's flights to India VietJet Air continuously promotes destinations in India to reach many users and increase brand awareness In addition, VietJet Air can also rerun ads to encourage flight bookings and sell trips to India All articles about Indian destinations are aimed at different audiences, including Potential Customers interested in summer travel and Customers interested in traveling
to India.
Characteristics of VietJet's advertisements
+ The purpose of the VietJet Air advertising campaign is to raise brand awareness, attract new customers and encourage ticket purchases.
+ The main target audience is individual travelers, targeting young travelers and those interested in summer trips to foreign destinations and frequent flyers.
+ Vietjet air has a large advertising budget so it still maintains the campaign even though the effectiveness may not be high Therefore, VietJet Air maintains a large advertising campaign to maintain its competitive position even though the effectiveness may not be high.
+ Most advertising content focuses on introducing ticket promotions and preferential policies for customers
Images and videos in advertising articles mainly introduce promotional programs, accompanied by short,