Skip to content

Menu

  • Business Opportunities
  • Business Analytics
  • Business Forecast
  • Business Center
  • Business World
  • Business App
  • Human Resource
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap

Archives

  • October 2026
  • September 2026
  • August 2026
  • July 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • January 2017

Calendar

November 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« Oct    

Categories

  • Business
  • Business Analytics
  • Business App
  • Business Center
  • Business Forecast
  • Business Opportunities
  • Business World
  • Finance
  • Health
  • Insurance
  • Society
  • Sports
  • Website Design

Copyright Garotas Dizem 2026 | Theme by ThemeinProgress | Proudly powered by WordPress

Garotas Dizem
  • Business Opportunities
  • Business Analytics
  • Business Forecast
  • Business Center
  • Business World
  • Business App
  • Human Resource
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap
You are here :
  • Home
  • Business Analytics
  • Under the hood of Virgin Australia’s customer and business analytics approach
Written by ev3v4hn23/05/2021 8:56 AM

Under the hood of Virgin Australia’s customer and business analytics approach

Business Analytics Article

Table of Contents

Toggle
    • Customer contacts
  • You may also like
  • The Rise of Intelligent Data: How Business Intelligence is Redefining Decision-Making
  • Unlocking the Power of Data: Creative Insights from Analytics
  • Unlocking Growth: How Business Analytics Transforms Data into Strategic Decisions

Building a customer demand-led approach to travel management, predictive personalisation and foresight, not just insight, are all in the sights of Virgin Australia’s analytics chief.

Speaking at this week’s SAS Global Forum, Virgin Australia head of analytics, Paul Tran, spoke on the airline’s growing use of analytics to drive business and customer decisions and provided a peek under the hood of how the airline is working to improve profitability and services as the aviation market starts to cover.

As Tran put it, Virgin’s analytics team is there to help people across the organisation make informed decisions that are good for the business and the customer. “We need to be pragmatic about that. It needs to be a win-win for customer and for the business,” he said.  

During Virgin’s administration process and the wider shutdown of airline services in Australia, an immediate area of focus for analytics was on protecting the Virgin Velocity customer loyalty program still very much running.

“One thing we immediately focused on was how to protect that business and make sure customers knew it was still operating and their points are still protected,” Tran said. “We needed to communicate with customers and know who to communicate to first. So we took a one-to-one customer management process. They needed to hear from us, that we’re OK. And we needed to hear they’re OK as well. We re-routed our resources to do that.”

Tran said it the tough time also presented an opportunity to start repositioning analytics on what was needed as business recovered so it could sit at the forefront of driving the business. This included building out tools and models to help teams manage customers it engaged with, but also what flights to launch, capacity required and the profit potentially generated.

“This was ensuring that when borders open and when we started flying again, we had a playbook,” Tran said. “An airline is always focused on the flight plan – so when a pilot gets on a flight, they know exactly what they need to go and what to do. That’s how we need to operate individual business units, too.”  

A new offering to emerge from this time was a profitability model at a customer level, something Virgin had not done before, Tran continued.

“In last three months, we built out an activity-based costing model at a customer level. We know who our most valuable passengers are, what demand looks like and to inform opening up routes to maximise capacity and demand that drives the most revenue and profit for us,” he said.  

Another priority was deepening insights and analytics for internal stakeholders, Tran said. An example was building portfolio management analytical tools so corporate teams could approach clients armed with insights into what those partners generate for Virgin, and how Virgin can help them get business back.

Tran said such momentum hasn’t stopped now that Virgin is under the new ownership of Bain Capital. In fact, the analytics team was able to bring insights to the table that helped the Bain & Co consultancy business accelerate its knowledge of Virgin and drive the subsequent strategy of the re-emerging business, he said.

Read more: Virgin Australia confirms new leadership team for fresh customer push

Customer contacts

Another area of analytics-led innovation at Virgin has been customer demand planning. “Typically an airline would look at travel demand from market perspective. What we do now is look from a customer demand perspective,” Tran explained.

“We know who our valuable, engaged members or guests are, and where they want to go. We can plan around that, then plan the experience for those trips to ensure it’s a memorable trip when they take it. That’s how we shifted our thinking in terms of managing demand.

“It’s also about managing yield proactively – what is the right proposition or product feature wrapped around the experience so it’s firstly a great experience, but also that it’s a great return on investment for all. That’s where analytics plays a key role.”

Increased personalisation is key, and Tran said Virgin’s analytics and martech capabilities are allowing it to build ever-more audience personalisation.


Read more Bentley, MYOB share their data culture building insights

“My aspiration is to leverage more deep dive data and build an ecosystem around personalisation. That will allow us to be more proactive internally with targeting,” he said. “Rather than group of members, it’s about individual guests. We know what our guests have done in the past, what their preferences are and how they experienced our services in the past. We want to leverage that to personalise at an individual level.”

It’s equally about becoming proactive in predicting their future experiences. Tran said predictive analytics as a group-wide function is a fairly new proposition, and one with huge potential.

“Predominantly as an analytics team we’ve been very much focused on customer and revenue side; we are looking at huge cost side we need to help with,” he said.

This could, for instance, include parts replacement and the decay of parts, scheduling and group and capacity optimisations. “We have done a bit to get a flavour of each and see where case studies exist,” Tran said.

“We have a significant customer in our base very conscious around carbon offsetting, so again creating product and building propositions around that to serve their needs is another key area we need to look at.”

Helping Virgin’s analytics team is growing use of artificial intelligence (AI). Tran said the emphasis has been on optimising next-best offers and customer personalisation, and highlighted an ecosystem approach to track offers, profitability and recommendations.

Tran’s next ambition is to bring AI into decision making through deep dive analysis that can drive recommendations around areas such as capacity planning, pricing or route profitability.

“My first focus is always on using AI to address business problems. It’s not just a fancy algorithm, it’s how to take it and solve a business problem,” Tran added.  


Read more How this customer thinker lifted Pepper’s data game

Virgin also recently signed up to a three-year deal with SAS to modernise its analytics stack. “The business case is all about being at the forefront of digital transformation, where data is the enabler for all revenue generation, customer experiences and all the hygiene factors,” Tran said.

“Customers expect us to know them, so we need to ensure the speed of data to platform is fast, meaningful and actionable, making it relevant to customers.

“Foresight rather than insight is where we’re heading – it’s not just looking at what we’re doing now but how we plan for the future.”

Don’t miss out on the wealth of insight and content provided by CMO A/NZ and sign up to our weekly CMO Digest newsletters and information services here. 

You can also follow CMO on Twitter: @CMOAustralia, take part in the CMO conversation on LinkedIn: CMO ANZ, follow our regular updates via CMO Australia’s Linkedin company page

 

You may also like

The Rise of Intelligent Data: How Business Intelligence is Redefining Decision-Making

Unlocking the Power of Data: Creative Insights from Analytics

Unlocking Growth: How Business Analytics Transforms Data into Strategic Decisions

Tags: analytics, approach, business, Customer

Categories

  • Business
  • Business Analytics
  • Business App
  • Business Center
  • Business Forecast
  • Business Opportunities
  • Business World
  • Finance
  • Health
  • Insurance
  • Society
  • Sports
  • Website Design

Archives

Recent Posts

  • COSTLY ERRORS TO AVOID WHEN SETTING UP YOUR ESTATE PLAN 
  • Unlocking Hidden Startup Opportunities in a Changing World
  • The Crystal Ball of Business: Predicting Success with Modern Forecasting
  • Navigating Success: The Business Hub Blueprint for Modern Entrepreneurs
  • LaunchPad: Your Business App’s Gateway to Growth and Simplicity

bl

garotasdizem.com | Theme by ThemeinProgress | Proudly powered by WordPress

WhatsApp us