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Effects of advertising on consumer behaviour
Effect of advertisement on consumer
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Firm: Metlink trains Melbourne
Hey everyone, I’ll be covering the firm’s competitors and market position.
Companies can improve their market position through price competition, product improvements, product innovation, increased or targeted distribution, or by influencing consumer perceptions through advertising and marketing.
However, as Metro Trains Melbourne has no ‘train’ service competitors, it is the market leader. It does, however, have multiple competitors providing alternative means of transport or new innovative ideas regarding train modifications.
A competitor can be as simple as walking or even riding a bike.
So here are some competitors that provide ‘alternative’ transport to metro’s train’s services:
Taxi services – Taxis
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The driverless cars, however, are available to transport you to your destination when it suits you, as appose to the trains where you have to revolve around their time schedule. This technology is developing quickly with legislation passing in four U.S. states and Washington, D.C. that allows the driverless cars....
AND Google plans to make these cars available to the public in 2020.
And here are some Competitors providing ‘similar’ products to the metro trains:
Innovative companies providing train railways with advanced technology. This involves Japan’s new ‘Maglev’ train. The train travels up to speeds of 603 km/h providing much faster transportation to that of the current Metro train in Melbourne.
Connex – Connex, wholly owned subsidiary of Veolia Environment, initially had a franchise from the State Government of Victoria to operate all suburban passenger rail services in Melbourne. The contract to operate the rail services was finalised in November 2009 where they were replaced by Metro, however, they are still a major competitor to Metro trains
My first key highlight of the ‘trusty and reliable’ service would have to be that the metro timetable is extremely un-reliable and outdated due to the metros un-weary maintenance service and their ‘caring’ service schedules i.e. in the middle of Christmas when sales are taken place. Their timetables placed at the ‘lavish’ metro stations are outdated and outlandish as the timetables don’t even represent the actual daily schedule of the metros and that the timetables don ‘t correspond with anything related
Amtrak is a state-owned, for profit, national railroad Company that provides efficient rail service both long and short distance transportation services. Being the primary provider of passenger-rail service in the U.S has a network that connects more than 500 cities and towns in 46 states. It offers long-distance and short-distance service corridors throughout nationwide operating daily, offering several choice of service class – first class sleeping car, custom class and economic services for different age groups with different travel needs. Amtrak receives federal funds to be used for their operating expenses. Its ridership and revenue growth have progressively increased in the past five-year successfully building relationships with the public and customers, recreating branding, and improving new services/quality, and it projects a continued growth in passenger revenue at about 4% per year with modest growth in passenger ridership (Exhibit C4.1, Page 245).
Since Qantas and Virgin are the only two airlines supplying domestically in Australia, they account for all of the profits in the market and consequently they are in direct competition with each other. Because only two firms are competing, each firm must carefully consider how its actions will affect the other, and how its rival is likely to react. Thus, strategic considerations regarding the behaviour of competitors in this duopoly are essential in order for Qantas and Virgin to set prices. "Game theory is often used as a model to analyse the strategies of individuals or organisations with conflicting goals" (Waud and Hocking 1992, pp.-334).... ...
Indirect competition in the marketplace comes from low cost airlines, and the main competitor in this market is Virgin Australia, which is jointly owned by Air New Zealand, Singapore Airways.
-Source 1: http:// 680news.com/ (February 17, 2015), -Source 2: http:// metronews.ca/ (February 23, 2015). These issues result as causing the subway shutdowns and also reducing the number of riders due to the safety issues.
CSX Corporation is amongst the leading transportation suppliers within the nation. The Intermodal and Rail business of the company avail rail-based services that included traditional rail service and intermodal trailers and containers transport (CSX Cooperation, n.d). The transportation network of the company comprises of approximately twenty-one thousand track route miles covering, District of Columbia and Provinces of Quebec and Ontario in Canada.
There followed a period of rapid expansion of local railways and railways linking major centres of population, industry and raw materials. This expansion was followed by a period of amalgamation by which the larger companies absorbed smaller companies, sometimes in one fell swoop, and sometimes by running powers moving into complete operation and finally absorption. The golden age of railways was arguably the Edwardian era from 1901 to 1911 (really 1914). Railways had no serious competitors in long distance haulage, the electric tram was providing some competition in short distance passenger routes in the conurbation’s, but motor transport was only just emerging and at that point was not a serious competitor. The First World War brought the railways under direct government control, and, as happens in wartime, maintenance was somewhat neglected on locomotives, rolling stock and track.
...ption, they will also make taking longer trips more economically feasible. Therefore, driverless cars will only fuel our adventure seeking spirit, not extinguish it. Ultimately, while our instincts tell us to be wary of this new technology, the indisputable facts suggest that these fears are largely unfounded and that driverless cars will be an enormous improvement over human drivers.
Frequently claims are made that mass transit can provide various solutions for the economy, the environment, and the energy crisis, in addition to improving the overall quality of life (2). Mass transit provides the following solutions to various economic problems. Firstly, as a result of the recession we now face, unemployment is substantially higher t...
So, the Chairman for General Motors’, Alfred P. Sloan, didn’t just want to demolish the electric railways, he wanted to replace them with something else: buses. He is hoping that no one would want to ride the buses due to bad service, which would ultimately lead to purchasing a General Motors’ automobile for private
The main performance objective of Subway that it focuses on is flexibility, meaning that being able to change the operation so that it can provide four types of requirement (Slack et al, 2007). They are Service/product flexibility; allow the ability to be have new or modify the products or services, Mix flexibility; give variable options and selections of products and services, Volume flexibility; adjust the level of output in order to produce different volumes over time and Delivery flexibility; the ability to change the time of delivery of products and services. Subway focuses on providing flexible approach to their customers by providing a wide range of options and ability to customize in order to meet each specific individual customer
The focus of this assessment is outlining the nature of the proposed high speed railway and its environmental impact on the C...
Coles and Aldi are competing as they are both grocery stores located within proximity. Retail stores Noni B, Suzanne Grae and Millers are all competitors as they all target a similar age group. Kmart and The Reject Shop are competitors are they both sell similar items at similar prices. The centre has two jewellery stores which compete and two pharmacy’s which are very similar. Café Numero Uno and Perky Pets have no competitors since they are the only Café and pet store in the complex giving them an advantage.
Three new stores were opened in Slovakia right at the turn of the new century. The huge distances in Russia posed new logistics tasks for the company: Shipping goods through the Russian plains and mountains can take up to six days. Nevertheless, the METRO brand soon succeeds in the boosting Russian economy. The self-service wholesaler also began to do business in
Hybrid cars are already a well-accepted part of the landscape but many other radical new technologies have been launched or are under development that will revolutionise travel in the cities of the future. Solar-powered buses and trains that obviate the need to build new tracks by straddling existing highways are two of the more eye-catching projects in the