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The market expansion of Hyperloop One in Australia is a next step in the companys extension.
Australia is the worlds sixth largest country by total area. There is a lot of existing transportation
companies in Australia; however, the best mode of transportation is either airplanes or the trains
for long distance travel. Since Australia is one of the leading countries in the world in every
sector, people are busy every time and would appreciate any new form of transportation that will
save their time and money. Hyperloop One addresses their need and therefore, its feasible and
profitable approach to expand it in Australia. Moreover, a lot of flat lands are available in the
country to construct the low-pressure tube and therefore, its feasible in terms of technical point
of view.
The size of market is the entire Australian land and people because Hyperloop One is a
transportation company that targets every Australian. At present, there are many transportation
companies in Australia. Amongst them, the main companies are listed below:
1 Air Link Pty Ltd is an airline based in Dubbo, New South Wales, Australia which
operates both air charter services and scheduled services (wiki/Air_Link).
2 Alliance Airlines is an aviation services company based in Brisbane, Queensland with
operational bases in Adelaide, Cairns, Melbourne, Perth, Townsville and Auckland, New
Zealand (wiki/Alliance_Airlines).
3 Cobham Aviation Services Australia, is a scheduled and charter airline with its
headquarters based in Adelaide, South Australia
(wiki/Cobham_Aviation_Services_Australia).
4 Queensland Rail, also known as QR, is a railway operator in Queensland, Australia
(wiki/Queensland_Rail)
5 Genesee & Wyoming Australia (GWA) is an Australian rail freight operator based in
Adelaide, South Australia (wiki/Genesee_%26_Wyoming_Australia)
The average fare for domestic transportation for the airlines in Australia is around AUD 150.00.
For example, the transportation fares of Alliance Airlines from Sydney to Adelaide, Melbourne
and Brisbane are AUD 188, AUD 171 and AUD 164 respectively. Therefore, since, Hyperloop
One is energy-efficient and safe to travel at airline speeds for the price of a bus ticket, the
expansion in Australia is definitely a good idea. The marketing strategy would be a healthy
advertisement of the company and its services so that more people will know about these
fascinating features. Also, a good and sound networking with the Australian government and the
existing transportation companies must be established.
- Project Manager is someone who responds to the whole project, research the market and
competitors, make decisions and strategies.
- Program Manager is someone who manages works and makes analysis for project.
- Project Co-ordinator is someone who carries out various activities such as planning,
tracking, reporting, quality management and internal communication.
- Senior Consultant is someone who checks the mandatory supplier requirements and track
the performance of consultants and takes appropriate action.
- Project Sponsor is someone who approves the budget and decides on tolerances.
- Assures the availability of project resources
1. Strengths
- The pathway (tube) of Hyperloop one occupies less area compared with other transportation
system.
- The advanced technology reduces the resistance of the levitated pod in the process of
movement inside the tube keeping the top acceleration constant.
- Hyperloop one travelling system can reduce travelling time for passengers making it a
superfast mode of transportation.
- Hyperloop one travelling system is very safe and eco-friendly.
- Hyperloop one travelling system is a highly efficient transportation system.
- It also uses the solar energy as power of transport which is renewable and cheaper.
- The building cost of travelling system is lower than airplane and train.
2. Weaknesses
- The speed of transportation is very fast, therefore, the pathway needs higher requirements to
construct.
- It will meet some problems about land acquisition.
- Infrastructure building needs plenty of time.
- This is a new technology; there is no working prototype for testing.
- It could meet some potential risk for equipment.
- Although its safer, it could meet a terrible accident if a minor technical error occurs because
the speed is very fast.
- Hyperloop one uses a capsule as transport; it means, passengers have to sit down idle for the
entire travelling time without movement. So, passengers might feel uncomfortable.
Moreover, the capsule is a sealed structure, therefore, if passengers feel sick or meet
paroxysmal disease in the process of travel, it will be very difficult to cope.
3. Opportunities
4. Threats
- The credibility of conventional transportation system is much higher than the new Hyperloop
One.
- It could meet societal resistance for change of established conventional transportation.
- Competitors may reduce their price of ticket.
- Difficult to gain trust for safety from people.
- It is very dangerous regarding vandalism.
- It is a huge project for maintenance of tube track and the capsule pod.
- Risk of losing trust and financial loss if accident occurs due to minor technical errors.
Project Charter
General
Information
Project Title Develop Market For Hyperloop One in Australia
Project Overview The project charter formally recognizes the existence of a project and also initiate
the starts of the venture. It gives authority to the project manager to use th
resources of the organisation to successfully complete the venture. The followin
things should be included in the plan of the project.
i. Scope
ii. Goals
iii. Objectives/Deliverables
iv. Cost estimate/Assumptions
v. Resource Requirements
vi. Timeline and High milestones
Last updated:
Payroll taxes
Commissions and bonuses
Budget Information The budget for the projec
Personnel Total $550000 is allocated as
5million.More than on
half of this amount will b
utilized for the marke
Market Research
research and marketin
Primary research communications. Rest o
the remaining budgets wi
Secondary research be for miscellaneou
Library management expenditure, wages
trainings, promotions an
Market Research Total $2400000 so on. The allocatio
includes$2.4M on marke
research,$1.5M o
Marketing Communications marketing communications
$0.55M on salaries,$0.4M
Branding
on training marketin
Advertising communication tools
$0.1M on loyalty an
Web sites $0.05M on miscellaneou
Direct marketing expenses. An excel shee
with various sectors of th
Internet marketing subdivision of expenses i
Collateral shown below:
Press relations
Project Management - Amrit Acharya(Project Co-ordinator) +61405679146
Public
Team relations - Sanjeev Lohani(Project Sponsor) +61406064677
Analyst relations - Saurav Chandra Gyanwali( Project Manager) +61420513887
- Suraj Gaire(Senior Consultant) +61410275685
Events - Weiwei Huang(Programme Manager) +61477691111
Marketing Communications Total $1500000
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Channels
Channel communications and training
Channel promotions and incentives
Channel commissions/bonuses
Channels Total $400000
Success Criteria The project can be successful if we can complete it within the allocated frame of
time and budget.
Completion of the project within the allocated time frame of one year
Services should be provided to the estimated number of customers.
Must meet the intended level of services.
The project completion budget for marketing should not exceed $5 million.
Must get the positive feedback from the customers and needs to increase it
services in terms of quality and quantity by certain percentage in every year
Project Approach In order to develop a good market of hyperloop one transportation system we nee
carryout various kind of survey such as study of market, study of existin
transportation system, level of services and its affordability among the differen
levels of people and so on. The key points are listed below:
Carry out the survey of the market to figure out the number of potentia
customers.
Link the route from remote areas and connect it to the cities and industria
areas so that we can increase the flow patterns.
Selling the services through advertisement and promotion campaign so tha
everyone can be aware of the level of quality they are going to get.
Arranging a mass communication in the form of technical seminar so tha
we can know the desire and wish of the customers from their point of view.
Make certain amendment in the marketing policies with the demand an
progress of science and technology.
Determine a way to measure the level of satisfaction of the customer
through day to day progress chart or report.
Working hand to hand with different kinds of environmental elements t
direct the venture towards the path of success.
Comments I am concerned about the services of our project whether it will be a hit or miss
among the general people. The project itself is so huge so we need a large number
of good and experienced team members for its timely completion. It is must to
tackle with every incoming environmental obstacle.
Service Characteristics: As our project motto is to provide services to the people so our
characteristics are generally based on services. Our characteristics is enlisted below:
1. Hyperloop one is the fastest means of transportation so it helps to save the time.
2. Since it is environmental friendly and is more sustainable than other mode of
transportation system so we can save the energy as well as protect environment
from being polluted and degradation.
3. Hyperloop One is developed with a view to make it accessible for every citizen of a
country. More over rural area people can use the service that is provided by
Hyperloop One.
4. Hyperloop is cheaper mode of transportation in term of services it delivers. It will
have similar fare in correspondence to other mode of transportation.
5. We aim to provide services through our medium by the development of various
applications which can track the time for arrival and departures.
Requirements:
For any mode of transportation to provide the service the main then they need is customer
who can use the services that they are going to provide Similarly for Hyperloop One size of
market is main requirement to develop the services in Australia. A part from that they need
initial investment to execute the services. The documented policies of the government will
10 | P a g e D e v e l o p M a r k e t F o r H y p e r l o o p O n e
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play crucial role for development of services throughout the county.
Product User Acceptance Criteria: In order to get positive feedback from the general
people every organization need to full fill the required demand of the customer which is
mainly concerned with saving time and cost as well as giving huge emphasis on the
development of sustainable environment. We must achieve our estimated level of services
and estimated amount of customer to get the success.
Refrences:
- http://www.marketingprofs.com/opinions/2012/23580/learn-these-four-classic-
approaches-to-marketing-campaigns
- http://smallbusiness.chron.com/types-marketing-risks-65763.html
- https://intropm2.com/
- https://www.template.net/business/marketing/marketing-budget-template/#
- www.gla.ac.uk/media/media_26397_en.pdf
- Muoio. D., (2017). Heres how Hyperloop Ones massive, high-speed transport
system will work. http://www.businessinsider.com/hyperloop-one-plan-photos-2017-
2/?r=AU&IR=T
- Muoio. D., (2017).Hyperloop One is condidering 11US rountes for its futuristic
transport system here they are. http://www.businessinsider.com/hyperloop-
one-10-possible-routes-united-states-2017-4/?r=AU&IR=T
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- Matt. M., (2017). Hyperloop: transportation nirvana, or a pipedream?
http://money.cnn.com/2017/04/06/technology/hyperloop-one-news/
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