This report evaluates the impact of digital technology in consumer relationship management and business sector for maximizing customer engagement. It discusses the advantages and disadvantages of CRM system and customer service strategies applied by Hazev Restaurant.
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Evaluation of how digital technology is employed
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INTRODUCTION Digital technology plays an effectivepart in functioning as well as managing experience of consumer alongwith maintainingrelationshipwith them(Baker, 2016).Thisisvery significant for organisation to create best experience for their consumers in order to achieve goal as well as objectives in best possible manner.With the use of latest technology used in hospitality sector helps in gaining better and positive outcomes. The given report is based on Hazev which is London based restaurant that offers Anatolian dining experience with good atmosphere and dining. It provided both lunch and dinner meals and special diets in terms of vegan options, vegetarian friendly and so on. The mainobjectiveofgivenassignmentis to cover impact of digital technology inconsumerrelationship managementas well asbusiness sector for maximising customer engagement in an appropriatestyle. TASK 3 P5 Customer Relationship Management (CRM) is referred as new digital technology which is used by companiesfor maintainingrelationship with their users in best possible manner (Bilgihan, Kandampully and Zhang, 2016).Thisis veryessentialfor organisation tofollowbest CRM systems forattainmentoforganisationaim as well asobjectives for contributing towards profitability ratio, high market shares, brand value and goodwill and others. The business has to conduct various kinds of activities for maintaining as well as developing relationship with their consumers.Thisincludestakingoffeedback,properinteractionorcommunicationwith customers, providing discounts and many more. The respective restaurants has to conduct business operations as well as activities in effective manner for positive outcomes. This technology assist consumers of Hazev restaurants to place online food and their order, providing suggestions, feedback, checking delivery time and so on. It also leads to do interaction with consumers in appropriate manner as well as time basis. Digital technology also helps restaurant for acquiring as well as retaining consumers with assistance of social media, email and so on towards business. CRM system is applied by most of the business at marketplace for surviving and sustaining in order to attain positive results. In competitive market, it is essential to use digital technology by business to provide better experience to customers in an effective as well as efficient manner. CRM carries both pros as well as cons which directly or indirectly impact
operations, activities and business of organisation. Some of the advantages and disadvantages faced by Hazev Restaurant due to CRM system are mentioned below: Advantages It includes following: CRM system assist given restaurant for doing interaction with consumers, clients and people through taking of suggestions, feedbacks, reviews and others (Goodman, 2019). It also helps in maintaining relationship with customers at respective organisation in order to rise their profit margins, sales and growth. Disadvantages It includes following disadvantages such as: The adoption of CRM system at business is costly as it rise their budget which cannot be afford by small organisation to maintain relationship with consumers in appropriate manner. The adoption of such system requires proper development as well as training programmes that enhance their budget level. From the above analysis, it has concluded that digital technology helps in maintaining relationship as well as creating good experience with customers at organisation for positive outcomes in an appropriate manner. TASK 4 P6 In context of hospitality sector, strategy is referred as standards of service as well as care which is offered to consumers and setting requirements in order to meet standards (Homburg, Jozić and Kuehnl, 2017). Here, customer service strategy plays significant role in building customer satisfaction, assisting to retain loyal consumers and increasing their profit margins. It is very important for business to consider customer service strategies so that set goal and objectives can be attained in appropriate manner. This also helps in attracting large number of customers to attain positive outcomes at organisation. As per need and demand of consumers, strategies are formulated and applied in business. In order to know about consumer, it is important to do proper market analysis in terms of preferences, wants and need of individual. As per nature, size and
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types of business, strategies are made to retain as well as attract customer for long term. The customer services strategies applied by Hazev Restaurant are mentioned here: Providing Employees Excellent Product Knowledge- When each and every members in organisation act as support then consumers get their questions and answered in prompt manner (6 customer service strategies to help you beat the competition,2017). It is very important for restaurant sector to provide excellent product knowledge to their employees in an effective as well as efficient manner so that they can answer to questions of their consumers without any difficulties. For example, if consumer goes to respective restaurant and asked for special food of it then employees should be able to answer quickly for positive results. This helps in creating good customer experience and enhance of brand value of organisation at marketplace. TrainingEmployeesinCustomerEmpathy-Theinteractionwithcustomerare regarded as emotional exchanges and factual ones.This is essentialforgiven businessto provide adequatetraining to their employees in order to shareconsumer feelingand reducedisappointed client stress.As empathy is essential in creating successful customer experience. Therefore, it is important service strategies to gain good customer service experience. Employees should be trained on regular basis so that they can know more about their customers and provide them services accordingly. Resolving Customer Issues- As each and every organisation work for their customer so they have to resolve their issues and problems in given time period (Sun, 2016). This is very important for hospitality sector to provide consumers with high quality service and solving their queries and issues within short time period. It helps in enhancement of brand value and goodwill at marketplace for particular organisation. This is regarded as important service strategies for their consumers to provide them with services and solving of their problems. Therefore, the above are types of customer service strategies which should be applied by respective restaurantfor attainment of desired goal as well as objectives in most appropriate manner to get positive results.This leads to enhance value and goodwill of business at competitive marketplace.
P7 It is the responsibility of organisation tomake, create and develop experience of consumersfor meeting business standards (Jain, Aagja and Bagdare, 2017). This is possible by doing proper market analysis of business and their consumers in an appropriate manner. Here, customer experience is referred as interaction among organisation and customer throughout business relationship where interaction can be discovery, advocacy, cultivation, purchases, service, awareness and so on. The expectations of consumers are rising at faster speed which helpsinimprovingcustomerexperienceandtheirbrandvalueandgoodwilltowards organisation. Some ofthe important service strategies for consumersthataredeveloped and createdforcustomer experiencein order to meetneed and demand of business standards are as follows: Ambience and First Impression- The respective organisation has to focus on their ambience as it is firstly viewed by consumers which leads to create good as well as bad experience by them.Thisisessentialfor business to attract their customers ineffective as well as efficient waythrough their ambience, food, and many more to create positive consumer experience. Prices- The price of foods should be reasonable or according to food provided by them. If food contain more ingredients then price should be high and on other hand, if ingredients used are few then prices should be low. This also helps in gaining experience to consumers. For example, if they are getting same food and taste at low price then surely they prefer that restaurant to eat that food. Range of Products- It is very important in creating good experience to customers (Peppers and Rogers, 2016). The respective restaurants need to have range of products so that consumers can make choices and order accordingly for better taste. As per need and demand of users, there should be availability of range of products and services for consumers to get better experience. Staff- It is very important for hospitality sector to have good staff so that they can deal with their consumers in best possible manner. The behaviour of staff influence customer to avail products as well as services to get good experience.
Payment- In current scenario, most of the people prefer to use online method for doing payment so respective restaurant should be facilitated with proper credit, debit, Pay-Tm payment method. This helps in creating better experience to them in positive manner. CONCLUSION From the above analysis, it hasbeen summarisedthat digital technologyshowsan effectivepartin attainment of business goal and objectives. It helps in maintainingexperience of consumerwith help of customer relationship management (CRM) system used at business. Organisation should focus on their consumers and create good experience for them. It is essential to maintain customer service strategies byarrangingtrainingas well asdevelopment programs for working force, product knowledge and so on. These service strategiesassist in maintaining anddevelopingcustomer experiencefor meetingneeds of consumers and business standards to rise their profit margins and sales.
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REFERENCES Books and Journals Baker, M. A., 2016. Managing customer experiences in hotel chains.The Routledge handbook of hotel chain management, pp.240-250. Bilgihan, A., Kandampully, J. and Zhang, T., 2016. Towards a unified customer experience in online shopping environments: Antecedents and outcomes.International Journal of Quality and Service Sciences.8(1). pp.102-119. Goodman, J., 2019.Strategic customer service: Managing the customer experience to increase positive word of mouth, build loyalty, and maximize profits. Amacom. Homburg, C., Jozić, D. and Kuehnl, C., 2017. Customer experience management: toward implementing an evolving marketing concept.Journal of the Academy of Marketing Science.45(3). pp.377-401. Jain, R., Aagja, J. and Bagdare, S., 2017. Customer experience–a review and research agenda. Journal of Service Theory and Practice.27(3). pp.642-662. Peppers, D. and Rogers, M., 2016.Managing customer experience and relationships: A strategic framework. John Wiley & Sons. Sun, D. W. ed., 2016.Computer vision technology for food quality evaluation. Academic Press. Online 6 customer service strategies to help you beat the competition. 2017. [Online]. Available through:<https://www.livehelpnow.net/blog/6-customer-experience-strategies-to-help- you-beat-the-competition/>.