Internet-Based
Suite of Systems Identifies and Targets Market Share and Revenue
Opportunities
Shepherd Systems, a subsidiary of Galileo International, Inc. (NYSE:
GLC) and a leading provider of marketing intelligence software and
services for the travel industry, announced the release of its new suite
of systems at its Global Customer Forum, in Long Boat Key, Florida. The
new Market Intelligence Online (MIO) suite of systems provides a
powerful solution through effectively integrating an airline’s
distribution, marketing, and sales efforts in pursuit of increased
market share and revenue. The suite comprises executive monitoring
tools, mid-management control tools, sales force automation, incentive
creation tools and an audit control system.
Managing an airline’s global market position and establishing a common
sales strategy is increasingly difficult due to marketing alliances, a
more complex distribution system, changing intermediary relationships
and more geographically distributed customers and sales activities. The
MIO suite uses the methodology of identifying “top revenue markets”
globally and helps create an overall strategic and tactical sales plan
to maximize revenue for the entire airline. It opens up the lines of
communication between the sales and marketing distribution organization
and the executive team to ensure the goals and objectives are being
executed and measured.
“The new suite of systems received an overwhelmingly positive response
from our customers at the Global Customer Forum because it precisely
targets and answers their most pressing needs,” said Mike Malik,
president and CEO of Shepherd Systems. “We have developed the MIO suite
of sophisticated intelligence applications to help maximize airlines’
return on investment (ROI) in their purchase of Marketing Information
Data Transfer (MIDT). We have ensured it becomes part of a broader
information exchange at all levels of the sales and marketing
organization to set and monitor goals globally rather than regionally to
drive greater financial returns.”
The new Marketing Intelligence Online suite of systems includes:
MARKETFLASH - A system designed specifically for the senior executive of
an airline that draws on multiple data elements such as bookings,
revenue, incentive costs and Quality Service Index (QSI) to provide a
global picture of the airline’s performance. MarketFlash clearly and
definitively determines an airline’s greatest sales opportunities by
quickly displaying revenue lost to a competitor, lagging market share
based on QSI performance, or other measures of the airline’s choosing.
MARKETMASTER - A system designed for the mid-to-senior sales management
team based on origin and destination analysis. This system monitors
booking performance and individual travel agency account performance to
drive incremental revenue. MarketMaster highlights opportunities for
increased revenue by targeting more specific and aggressive market share
objectives. It also provides detailed travel analyses that can assist
airlines in making business decisions regarding scheduling and network
planning.
MONEYMASTER - A global monitoring system that allows an airline to
analyze average yield by market using estimated and/or actual revenue.
MoneyMaster enriches MIDT in a powerful way to direct the field sales
organization based on the most attractive incremental revenue
opportunities.
MONEYBOX - An advanced commission and incentive modeling system that
maximizes the ROI on airline incentive expenditures by improving
controls for the creation, monitoring and management of incentives based
on system-wide benchmarks.
WATCHDOG - A new generation sales management system for the airline
sales representative with monthly alerts based on competitors and QSI
performance or other measures of the airline’s choosing. WatchDog will
direct an airline’s sales force and marketing efforts to focus on the
agencies and markets that offer the best opportunity to increase
revenue.
POCKETFLASH - A real-time alert system that immediately notifies sales
executives, on a WAP-enabled phone or other wireless device, when
premium competitive bookings are made by targeted accounts. |