The Travel Patterns of the Young People of Nottingham: A Market Research Study for SNAP, a Coach Travel Startup Company

Purpose: The purpose of this research is to alleviate entrepreneurial uncertainties for SNAP by studying previous research and literature on start-up companies as well as through identifying common travel patterns for the target segments of Nottingham population. Design/methodology/approach: The co...

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Main Author: Mikayilova, Khatira
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2016
Online Access:https://eprints.nottingham.ac.uk/36386/
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author Mikayilova, Khatira
author_facet Mikayilova, Khatira
author_sort Mikayilova, Khatira
building Nottingham Research Data Repository
collection Online Access
description Purpose: The purpose of this research is to alleviate entrepreneurial uncertainties for SNAP by studying previous research and literature on start-up companies as well as through identifying common travel patterns for the target segments of Nottingham population. Design/methodology/approach: The company that this research focused on is SNAP. In order to conduct this study both methods: quantitative and qualitative were used. Primary data was collected through online surveys and a focus group. Additionally, secondary data from various sources such as books and articles were applied in order to create theoretical frame of reference for the project. Some simple statistics were used to assist in the analysis. Findings: As a new venture that seeks to specialize in coach travel, it is vital for SNAP to understand the Nottingham coach travel industry through apprehension of the consumer travel behaviors and the offerings already existent in the market. With this in mind a series of recommendations were made. First the existing SNAP business model is supported. Additionally, the following recommendations were identified by this study: comfort and branding are important, additional demand should be created in July and August and a strong focus on encouraging word of mouth interaction through social media will allow for lower advertising costs. Originality/value: This study can be used to inform SNAP management regarding the target markets and marketing approaches for these markets. Keywords: Start-up, Market Research, Marketing, Segmentation, and Positioning.
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spelling nottingham-363862018-04-24T14:24:10Z https://eprints.nottingham.ac.uk/36386/ The Travel Patterns of the Young People of Nottingham: A Market Research Study for SNAP, a Coach Travel Startup Company Mikayilova, Khatira Purpose: The purpose of this research is to alleviate entrepreneurial uncertainties for SNAP by studying previous research and literature on start-up companies as well as through identifying common travel patterns for the target segments of Nottingham population. Design/methodology/approach: The company that this research focused on is SNAP. In order to conduct this study both methods: quantitative and qualitative were used. Primary data was collected through online surveys and a focus group. Additionally, secondary data from various sources such as books and articles were applied in order to create theoretical frame of reference for the project. Some simple statistics were used to assist in the analysis. Findings: As a new venture that seeks to specialize in coach travel, it is vital for SNAP to understand the Nottingham coach travel industry through apprehension of the consumer travel behaviors and the offerings already existent in the market. With this in mind a series of recommendations were made. First the existing SNAP business model is supported. Additionally, the following recommendations were identified by this study: comfort and branding are important, additional demand should be created in July and August and a strong focus on encouraging word of mouth interaction through social media will allow for lower advertising costs. Originality/value: This study can be used to inform SNAP management regarding the target markets and marketing approaches for these markets. Keywords: Start-up, Market Research, Marketing, Segmentation, and Positioning. 2016-09-08 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/36386/1/Final%20Project%20.pdf Mikayilova, Khatira (2016) The Travel Patterns of the Young People of Nottingham: A Market Research Study for SNAP, a Coach Travel Startup Company. [Dissertation (University of Nottingham only)]
spellingShingle Mikayilova, Khatira
The Travel Patterns of the Young People of Nottingham: A Market Research Study for SNAP, a Coach Travel Startup Company
title The Travel Patterns of the Young People of Nottingham: A Market Research Study for SNAP, a Coach Travel Startup Company
title_full The Travel Patterns of the Young People of Nottingham: A Market Research Study for SNAP, a Coach Travel Startup Company
title_fullStr The Travel Patterns of the Young People of Nottingham: A Market Research Study for SNAP, a Coach Travel Startup Company
title_full_unstemmed The Travel Patterns of the Young People of Nottingham: A Market Research Study for SNAP, a Coach Travel Startup Company
title_short The Travel Patterns of the Young People of Nottingham: A Market Research Study for SNAP, a Coach Travel Startup Company
title_sort travel patterns of the young people of nottingham: a market research study for snap, a coach travel startup company
url https://eprints.nottingham.ac.uk/36386/