CRYSTAL CRUISES
Challenge:
The Mitsubishi Group through their subsidiary NYK decided
to enter the lucrative and growing luxury cruise industry
and create a luxury cruise line from scratch. The challenge
was how to create a successful cruise company and brand in
a highly competitive industry dominated by a handful of players.
Solution:
The first thing that NYK did was to ensure that they would
have the core competencies to compete by hiring seasoned veteran
Art Rodney away from his position as president of Princess
Cruises to serve as president of Crystal Cruises. Art recognized
that to succeed in the competitive cruise market, the company
was going to have to differentiate itself from other cruise
lines by providing a much better cruise experience to an upscale
and discerning clientele. In addition, better solutions would
need to be offered at a price not out of reach to a large
segment of customers who like to cruise. Art assembled a first-class
management team and group of experienced suppliers that he
knew he could count on. Art hired experienced professionals
from manufacturing, architecture, interior design, and restaurants
to get the job done at record speed. GO was hired within
a week after Art was given the green light from NYK.
GO had worked with Princess Cruises for several years and
Art Rodney was very happy with the work produced during his
tenure. The first assignment was to address the companys
identity program, along with a promotional program to attract
the attention of the travel agents. Over the next five years,
GO assumed a list of responsibilities, from managing the qualitative
research and all aspects of the brand identity to designing
and executing consumer and trade marketing materials.
Results:
By listening clearly to the key constituents, GO and Crystal
Cruises were able to determine what types of solutions and
services were most important and the price range that would
be acceptable. By involving travel agents early on through
devices such as the Name the Ship Contest, we
were able to pre-sell the cruise a year in advance, assuring
consistency and predictability of revenue and cash flow streams.
Today, Crystal Cruises is still perceived as the pre-eminent
cruise line in the industry, generating over $300 million
in revenue per year.
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