Future Trends in Consumer Behavior in Tourism Industry
Verified
Added on  2023/06/11
|6
|1721
|279
AI Summary
This essay discusses the contemporary perspectives on consumption, individual decision-making and involvement, importance of perceptual processes, consumers in society, and future trends in consumer behaviour in the tourism industry.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Understanding Customers
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of Contents Introduction.....................................................................................................................................3 Main Body......................................................................................................................................3 Contemporary Perspectives On Consumption:...........................................................................3 Individual Decision-Making And Involvement:.........................................................................4 In Understanding Individual Consumer Importance Of Perceptual Processes:..........................4 Consumers in Society (groups and social processes):.................................................................5 Where It Is Heading – Future Trends In Consumer Behaviour:.................................................5 Conclusion......................................................................................................................................6
Introduction Understanding customer is all about learning everything organisation need to know about buyer such as the jobs they want to do, their needs and the current experience. It is the key to provide them good services. There are mainly three ways to understand such as put yourself in their shoes, collect and analyse data and at last ask customers what they need and think. In the present tourism sector is taken as an example where contemporary perspectives on consumption will be discussed(Alshamsi and et.al., 2020). Apart from this, individual involvement and decision making and to understand individuals consumers the importance of perceptual processes willbeexplainedwithcontexttotourismindustry.Furthermoretothis,understandthe consumers in society such as social processes and groups and where it is heading such as consumer behaviour in future trends by taking an example of tourism industry. Main Body Contemporary Perspectives On Consumption: It refers to study the customers and their buying behaviour while deciding to purchase a product or service in order to satisfy their need and wants appropriately. It is the most important part so that a company can able to understand the consumers expectations in order to buy goods or services in the market. It helps to study the various situation of consumers such as what they want to buy, why they buy, form where they want to buy and how often they buy and much more. In order to survive in the market it is necessary part for the company(DedeoÄŸlu And et.al., 2020). For example in context to Collette tourism and travel company, in order to identifying the consumers needs and wants it uses social media to identify what they actually want and provide
them their services accordingly. So that they can influence the customers and analyse that when they want to travel, how they travel and where they want to travel so that they can fulfil their demand with optimum utilisation of resources. In the tourism industry it affects how consumer choose the restaurant, hotels and entertainment. They need to survey the which thing attracts them more and excite them. Individual Decision-Making And Involvement: It is the choice which are made by the individual for example such decision are made the company's CEO. It is generally cost effective and quick decision making process because it does not require scheduling a multiple meeting or sending a single e-mail and gathering others. It helps to save money, energy and time as they usually make logical and prompt decisions whereas in group decision making involves money, time and energy. The individual have the tendency to question and think before performing, which is fruitful in forecasting and analysis of an individual's behaviour(Ferreira and et.al., 2021). There are four styles of individual decision making which are analytic style, conceptual style, behavioural style and directive style. For example in tourism industry, a consumer can make the decision individually that is when to travel, where to travel, what to do, how much to spend and how long they going to stay. As the tourism industry grows an individual travel can make decisions using own point of view and intuition. In travel decision making the role of involvement evaluate the borrowed from consumer behaviour literature or the involvement construct. Geographical and their relationship were also evaluated to level of involvement. In Understanding Individual Consumer Importance Of Perceptual Processes: Theprocessofperceptualinvolvesstepswhereapersonwillgothroughwhen responding and identifying to cause from the environment. It involves five steps such as exposure to stimuli, sensory receptors, attention, interpretation and response. The different senses which affect such as hearing, smell, sight, touch and taste.It is an important part for the organisation as it helps to gain the information about the properties and environmental elements which are critical to the survival(Kabadayi and et.al., 2019). Positive consumer perception can generate referrals and increases brand loyalty. For example in context to Collette tourism and travel company, it uses different factors to identify the consumer perception such as customer reviews which company uses before serving its services in order to identify what they want. Another one is customer support quality so that they can know the customer experience and what
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
they make changesaccordingly to satisfy the consumer. It helps the company to easily understand the individual customer by the help of attention, interpretation and response so that to achieve its goals and objectives successfully. The company uses interviewing customers, monitor online mentions and net promoter score in order to measure customer perception. Consumers in Society (groups and social processes): It is a society where people frequently buys new products and services, especially those goods and services which they do not need. These are the ways in which groups and individual interact occurs in the form of social process where mutual activity or interaction is the essence of social life. It is increasingly organised around the consumption of leisure and goods rather than production of services and materials. Consumers in the society need to fulfil or satisfy their needs and wants at an affordable prices(Kushwaha, 2021). For example in context to Tui travel company, the company provides great and satisfying services to its customers in order to fulfil their needs and wants. The company provides a group travel also so that an individual interacts with other people in the group and enjoy the trip at its best. The company provides exciting offers for travelling and makes different packages like 2-3 days tours with family and friends at an affordable prices. So that the company can also builds its brand value. Profitability and market share. Where It Is Heading – Future Trends In Consumer Behaviour: The future trends in consumer behaviour are changing as the technology and demands are increasing in consumer day to day life. It is the most important component to make a great marketingcampaign.Therebehaviourscanbeunpredictableanderraticasknowingthe behaviour of customers can be advantage for the company over its competitors. Demand has increased for transparency, accelerated online buying, consumer looking for social experiences, focus has increased on green products etc. the consumer always wanted something new to buy and explore. In context to tourism industry, due to pandemic the demand for staycations and virtual travelling has increased. Consumer wanted to travel for one or two days with their family or friends to get relaxed and enjoy(Kutaula and et.al., 2022). The virtual travelling can be done by staying at home see the pictures and videos as the technology has increased with high definition. Consumer are more interested in traditional customs and local culture of the particular place they visit and buy local products. Some people want to travel in a group or alone for their
personal entertainment and after the outbreak of COVID 19 they wanted to travel safely and hygiene tourism are in trends. Conclusion From the above essay of understanding customer whichis all about learning everything organisation need to know about buyer. The essay has been written taking an example in context to travel and tourism industry. The contemporary perspectives on customer has been explained by taking an example of Collette tourism and travel company that how they identify the needs and wants in order to satisfy customers(Pallant, Sands and Karpen,2020). Apart from this, individual decision making and involvement and in understanding individuals consumers the importance of perceptual processes so that they can identify and respond to a cause from the environment. Furthermore to this, consumers in society such as social processes or groups and the future trends in consumer behaviour has been explained. References Alshamsi, A. and et.al., 2020, October. The influence of service quality on customer retention: A systematic review in the higher education. InInternational Conference on Advanced Intelligent Systems and Informatics(pp. 404-416). Springer, Cham. DedeoÄŸlu, B. B. And et.al., 2020. Understanding the importance that consumers attach to social media sharing (ISMS): Scale development and validation.Tourism Management,76, p.103954. Ferreira, J. J. and et.al., 2021. Wearable technology and consumer interaction: a systematic review and research agenda.Computers in Human Behavior,118, p.106710. Kabadayi, S. and et.al., 2019. Smart service experience in hospitality and tourism services: A conceptualization and future research agenda.Journal of Service Management. Kushwaha, B. P., 2021. Paradigm shift in traditional lifestyle to digital lifestyle in Gen Z: a conception of consumer behaviour in the virtual business world.International Journal of Web Based Communities,17(4). pp.305-320. Kutaula, S. and et.al., 2022. Integrating fair trade with circular economy: Personality traits, consumerengagement,andethically-mindedbehavior.JournalofBusiness Research,144, pp.1087-1102. Pallant, J., Sands, S. and Karpen, I., 2020. Product customization: A profile of consumer demand.Journal of Retailing and Consumer Services,54, p.102030.