China, 30 Oct 2019
Civil Aviation Customer Loyalty Management Forum 2019
With the advent of digital marketing era and the change of air transport market environment, loyalty program has become an important source for airlines to increase ancillary revenue, and loyalty management has naturally become a core business of airlines. The increase of air transport revenue is facing severe challenge of market competition, especially the competition of low fares. Potential revenue from airline loyalty programs has become a focus among different revenue growth channels. American Airlines' loyalty program is expected to bring in about $2.7 billion in earnings before interest and tax in 2018. In the current competitive market environment, this undoubtedly attracted people's attention. Delta announced that its loyalty program, in partnership with American express, will bring in $4 billion a year by 2021. This business model of mileage sales will not only bring huge wealth to airlines, but also attract consumers' attention to a large extent.
From the traditional business management, the airline frequent flyer program has gradually stepped onto the path of revenue-generating loyalty program management. Digital marketing not only promotes the trnsformation and innovation of loyalty program management mode, but also provides a broader space for realizing the revenue target of loyalty program. The customer relationship management of airline companies should adapt to the change of digital marketing era and continuously upgrade and improve, so that it becomes the source of creating market value.
Hot Topics
- Improve Air Service System and Self-service Trend Analysis.
- Enable "Class C Data Transfer" Technology, Improve the Flight Punctuality
- VR Entertainment Services - Make More Funny Long Voyage
- Radio Frequency Identification (RFID) Technology - Real-time Baggage Tracking to Ensure the Safety of Luggage
- Multidimensional Improving Customer Satisfaction and Create Ancillary Revenuel.
- Enhance the Value of Credits Make Passengers More Loyal.
- From Frequent Flyer to Passenger Loyalty, Then to Digital Ecosystem.
- Blockchain-Based Airline Loyalty Digital Wallet
- With New Distribution Capabilities Provide Consumers a Greater Variety of Products and Quality Services
- Increase Ancillary Revenue, How to Revitalize Mileage Assets .