Table of Contents INTRODUCTION...........................................................................................................................1 LO1..................................................................................................................................................1 P1 Factors influencing consumer behaviour and attitudes:.........................................................1 P2 Change in consumer trend:.....................................................................................................2 LO2..................................................................................................................................................3 P3 Stages of customer decision and mapping the path:...............................................................3 P4 Path to purchase and understanding decision making:...........................................................4 LO 3.................................................................................................................................................5 P5 key difference of hospitality in context to b2b and b2c..........................................................5 P6 Approaches of Market Research:............................................................................................6 LO4..................................................................................................................................................7 P7 Different stages of decision making process:.........................................................................7 CONCLUSION:...............................................................................................................................8 REFERENCS...................................................................................................................................9
INTRODUCTION Consumer behaviour refers to the study carried out by the individual or the group which aims to create the strategy associated with the sales and purchase of the organization. Use of its goods and services which can help in the generation of the change in the strategic formulation to bring out the customers to achieve the outcomes in the organizational context. J.W Marriott is a hospitality multi brand organisation which deals in the hospitality sector. It was founded by J. Willard Marriott, it is widespread around the world with the revenue generation of around $20 Billion. It was ranked as top 33rdhotel worldwide. This study includes various factors that influences hospitality consumer behaviour and attitudes, it defines the ability to map the path to purchase in hospitality context, research undertaking decision making processes, evaluation of markets influence on decision making processes. LO1 P1 Factors influencing consumer behaviour and attitudes: Factors which influence the consumer behaviour and attitudes which are changing the trends in the hospitality industry are: Cultural factor:Cultural factors which are affecting the marketing trends which can change the cultural effect which helps in improving the source and ways to compete with the different marketing trends which help in flourishing the business opportunities, various ways through which cultural diversity reflects like appointing members of various cultures which can reflect cultural diversity which can cope up with the cultural diversity and aims for better working of Hotel J.W Marriott. Marketing trends which reflects the opportunities which can reflect the cultural diversity which can help the Hotel J.W Marriott to evaluate the diversity and make necessary changes in the growth of the Hotel J.W Marriott.Group influence of the various sectors can improve the stability of the firm which helps in the consumer behaviour and change in attitude of the consumers which helps in improving the consumer base for Hotel J.W Marriott. Social factor:Social factors which can affect the marketing trends of Hotel J.W Marriott are not meeting up the requirements as per the needs of the customers there are many customers in the society with different cultures and beliefs which can affect the mindset of the consumers and changes the trends of Hotel J.W Marriott. Social factors changes the mindset of the customers and can help in the development of the Hotel Marriott(Altinay, Paraskevas and Jang, 2015). 1
Social factors reflects the thinking and cultural background of individual. Social culture can affect the mindset which can affect the growth rate and marketing strategy of the hotel. Social ideology generated by the reviews from the social platform can affect the mindset of the consumers regarding the Hotel reviews can be changed which can directly affect the hotel industry as the customers can vary(Al-Janabi and Mhaibes, 2019). Personal Factor:Personal Factors which can affect the consideration of the personal beliefs depends on liking and disliking of the individual which can affect the consumers behaviour. Personal liking depends upon the mood of the individual which can affect the Hotel industry. personal behaviour are ones liking and disliking, If the personal satisfactions are not met they will affect the growth and profitability of the industry. Psychological Factor:This depends on the psychology of the individuals which can be affected by various means like personal behaviour can be changed through use of social media or any group of friends which can affect the thinking. This is caused by the response of stimuli which is generated by the things which we hear it is affected by the change in the mindset of the people various advertisement can also affect the thinking and behaviour which will affect hotel. P2 Change in consumer trend: Customer trend changes with a very short span of time. There are trends which needs the scenario of the hospitality industry. J.W. Marriott has affected the development of the technology in the hotel industry(Dileep and Mathew, 2017). As the technology has advanced there must be various technological updated winch must be advanced in the hotel industry which can attract the customers which helps in the benefit generation to the industry various technological updates such as the central light regulations, regulating various smart appliances with the help of tablets or smart gadgets which can keep the comfort of the customers can help in the profit generation of the customers.Various social media platform can affect the ratings of the industry which can either help in the profit generation of the industry. Blogging affects the industry as there are many false reviews which can affect the company in the relevant context. Advertising and marketing strategy can help in the bringing the organisation with more of the customers which can help in the profit generation of Hotel J.W Marriott which can bring a greater customer base. GoodcustomerexperiencewillgainmoreoftheprofitabilitytotheHotelMarriott. Advertisement done on online platform can help the firm with the improved results and can help in the bringing the profit generation of the Hotel Marriott. Technical advancement can help in 2
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
the generation of the workers with the technology which can help them to do the work faster and better. Updation of the websites availing various offers and discounts can attract the customers. Consumer demands of the reliable and faster service for the better and effective strategy which can help hotel to achieve better customers(Huo, 2017). Customers experience must be fulfilled in order to generate a good reputation rate in the market. As technology advances a shift of customers is always towards the technology there must be advancement of technology which can provide better service and satisfy the customers.As technology is advancing there is an impact of social media on the customers of the Hotel Hilton as this can easily shift the customer base which affects the customer service. Hilton Hotel can strategies to bring up the technological advancement and shift the work culture according to the technology and help in the attaining a valuable customer base(Holbrook, 2018). Hotel Hilton can change the strategy and develop a technological advancement which can be liable to the Hotel Hilton. LO2 P3 Stages of customer decision and mapping the path: Stages of customer decision is based on the mindset of the customers which can be achieved by the following the five major steps: problem finding, information searching, information analysis, decision making and post service experience: Problemfinding: Problem finding is a key step which needs to be altered in any problematic context which can help in the decision making strategies. The problem needs to be evaluated which can be considered as the problem statement which needs to be addressed. Problem statement arises as the problem needs to be considered as the solution needsto be generated. Approaches needs to be defined as there is a problem statement. Information Searching: As the problem is aroused there are various relevant problems which are gathered and the relevant information is achieved which can be analysed including various pros and corns which are gathered in evaluating the problem. Search must be dependent on the relevant problems which are needed to be delivered. Information must consist of all the topics which needs to be gathered and addressed by the approaches including the various attributes required for the approach. Searching must be carried out on the basis f self analysation of data which can be addressed by the use of data used in the past studies. A solution must be analysed and approaches must be confirmed in the information searching method. Various information 3
gathered must be based on facts and figures which needs an approach carrying(Kladou and et.al.,2017). Information analysis:Analysation of the information gathered after addressing the approaches which to be addressed to find out the solution must be considered. Addressing the information will lead to gather all the problems which can help in providing the approaches to the solution. This includes internal and external approaches which needs to be evaluated in the analysis of the information. Analysing and discussing with the team to carry forward to look a best solution to the problem which needs to be answered correctly. DecisionMaking:Decision making is one of the important step which gives a key a approach to the evaluated problem which are discussed in the above study. This decision making process must be the revaluation of the problem which are addressed in the above statement. A check and re analysation must be done in order to achieve the answer to the problem. Decision making must be done on the group level which can answer the problems in the context of the hotel Marriott. This includes the officials and the managers who are liable to take decisions of the Hotel which can help in development of the organization(Malik and Sharma, 2019). Post evaluation: This is the evaluation of product and services which are offered with the necessary changes which are made above analysis. This is the feedback of the evaluation which is carried in above study. Evaluation is done on the results generated by the feedbacks of the clients which gives the idea of evaluation. Then the evaluation is carried out to improve. P4 Path to purchase and understanding decision making: Black Box Model: This model consists of the interaction of various aspects which are references to the response to the stimuli, characteristic of consumer, decision making process and the feedback by the consumer to the product or service. It is not dependent on just buying and selling of the services and procedures. It is based upon the the awareness by the firm to the customers which are provided after the product or service. It consist of response to stimuli which are generated by the company to avail various offers. This model reflects behaviourism where it is not focused on the the process within the customers. It gives the immediate response as the stimuli is generated which can be used to generate an immediate action in the minds of the customers. Black model reflects on the response which are created in the situation which arises in the mind of the 4
customers. It aims to present an effect in the minds of the customers which are generated by the host to attract the customers. Environmental factors consist of response of stimuli which includes product, price, place and promotion which helps in analysation of response to stimuli. Marketing stimuli refers to the response of product and services which can be offered by the Hotel Marriott. Environmental stimuli can be economical, technological, political, cultural, demographic, natural responses to stimuli which can affect the natural environment and affect the growth and development of the Hotel(Marčeková, Šebová and Pompurová, 2019). Buyers characteristic are traced by the attitude, motivation, perception, personality and lifestyle which can affect the environmental culture which are evaluated to come out with the strategies and abilities which can aims to work for the better achivablity of the organization by defining the buyers characteristic which helps in strategic improvement by the organization. Decision process involves the problem recognition information which are searched to provide an alternative results which evaluates the purchasing decision. This method helps the Hotel Marriott in developing strategy which helps Hotel to evaluate the post purchase response and to bring out solution to increases sales. LO 3 P5 key difference of hospitality in context to b2b and b2c Business to businessBusiness to consumers low strategic importance and low spend wherein the offering provided by the company has low importance and the business user generally does not focus on price as the decision is taken by only one employee. Hotel Marriott's products and services sometimes does not entice the their sponsors and business users. This encompasses the need recognition whether customers comes across the need for buying the product/services. Consumers feel the need of having a product/services when they face certain situation. A leisure tour helps hospitality industry in developing This comprises of low spend and high importance wherein the offering is generally not that expensive but becomes important for the business operations of business users. Like the safety certification provided by the Marriott becomes important for their business users during dealing in their products and provide them with the assurance and safety. This part consists of Information search. Once the consumers have recognized the need of possessing the product, they tend to gather as much information as possible regarding that product which helps them in understanding its uses and characteristics. Like for searching for the wedding services, customers search on the Marriott site thus the hotel can have an 5
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
effective website along with customized search engine optimization so that customers can gather numerous types of information on the services. This stage encompasses high spend and low importance whereby the offering provided by the company is not crucial for the business operations however the clients remain concerned of its price which are already defined. The end users generally bargain in order to minimize the expenses(Mattimoe and Tivnan, 2017). This part consist of Evaluation of alternative in which the customers after gathering the information compares the services with other providers mostly their competitors. They evaluate which provider is offering the best services in reasonable price. Thus Hotel Marriott, can have a great price quality combination which will entice the customers to choose them over other alternatives. Last stage consists of high spend and high importance within which product offered by the company are of high value and is important for the business operations of clients. Last stage comprises of Purchase decision where the consumers after evaluating all the alternatives decide whether to purchase the products and services or not. This is generally based on their degree of evaluation. P6 Approaches of Market Research: Various market research processes which can be used in market research process are determined on the basis or research done. It consists of two methodology which helps in the strategic generation of the strategy which evaluates the market and evaluate out the result. Primary and secondary research is carried out for the evaluation of the market. Primary researches: it consist of the research done on the primary basis which consists of surveys carried out by the Hotel Marriott to evaluate the approachers in the marketing strategy. A field research is carried out which is based on the direct approach to the customer by various means which can help in generating the reviews and providing a strategic method. A direct approaches gives a strategic result to the problems which are arose during a field research. It consists of the reviews generated by the feedback forms, face to face interactions, interviews, reviews and online forms which evaluates the performance of the Hotel Hilton. Focus groups: Focus groups consists of the feedbacks generated by the groups as a topic of general discussion which can give a direct access to the results generated which gives a solution to the problem which can generate a result of the problem arose and gives results to the discussion(Newman, 2016). Interviews: interviews can be qualitative market research methods which are used to generate a result to the problem by a direct approach to the clients which can generate a simplified method 6
to the general topic which are to be discussed. It is a view of the customers which gives the result to the approach which is to be fulfilled. Experiment and field trails: experiment and approaches are carried out to witness the test conducted in the development of the further strategies and development of the firm. Secondary research: It is generally a review of the topic by the act of seeking out of the existing data which can used to generate the strategies by the data already carried out by some other which can be used as a basis of our analysis of research secondary research can be from the journal article, newspaper etc. which can help in the generation of the basic data which can be used to analyse and interpret to carry out the researches and give a result. Secondary data can be the research which can be used to generate the research and bring the strategic changes. LO4 P7 Different stages of decision making process: It consists of consumer learning process which are behavioural and cognitive Behavioural:It is a connection between response and stimuli where stimuli is the object, which is a sense of person along behavioural response of the person which they react in different situationalcontext.Thisgeneratesrelationshipacrosssituationswhicharehavingsame responses. Cognitive theory: It is the theory which occurs through mental process this refers to encoding the scenario, elaborating and analysing which creates a deeper learning process which help in the self development of the individual. This defines the way through which information about the consumer is absorbed, retained and processed to complete the self evaluation.Influence of culture and sub culture which affect the decision making strategy of Hotel Marriott. This will affect the behaviour of the buyer if their personal needs and cultural behaviour are not satisfied which can lead to the influence of the strategic approach put up by the Hotel Marriott. It consist of the behavioural change which can be used to analyse the key behaviour of the organization. Personal factors which depend on the organizational analysis can be done with the key objectives. Personal factors depends upon the effective nature and biological nature which are done on the the events which provides accurate results of the problems(van Ginneken, 2019). Environmental factors depends upon the factors which gives us the review of the environmental scenario which help in evaluating the results which can affect the decision making process. 7
Various marketing approaches which are not fulfilled by the Hotel leads to the decline of the sales which can lead to the decrease in sales which can affect in the loss of the company. Leadershipdecisionscanbehinderedasthesalesdecreasesastrategicanalysationand involvement will be necessary to generate the process and making the best marking strategy. CONCLUSION: This study concludes that the changes brought by the factors which are responsible for consumer behaviour are responsible for the various decision making process which can validate the growth of hotel. An advancement in technology can bring about the change in market research strategy which can provide a result as the advancement of the firm. Various models help in the strategic development of decision making process and achieving the market value and maintaining the market retention rate of the hotel . 8
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
REFERENCS Books and Journals: Altinay, L., Paraskevas, A. and Jang, S.S., 2015.Planning research in hospitality and tourism. Routledge. Al-Janabi, A.S.H. and Mhaibes, H.A., 2019. Employing marketing information systems for the success of small and medium enterprises: A field study of some Tourism and Travel companies in Baghdad. Dileep, M.R. and Mathew, V., 2017. Marketing of Tourism Industry: Enhancing Services through Marketing Mix Elements. InStrategic Marketing Management and Tactics in the Service Industry(pp. 304-329). IGI Global. Holbrook, M.B., 2018. Creating value: the theory and practice of marketing semiotics research. Huo, Y., 2017. The Management of Destination Branding: Applying Tourist-Based Brand Equity to Utah as a Tourist Destination.Journal of Tourism and Hospitality Management,5(2), pp.101-109. Kladou, S and et.al.,2017. The role of brand elements in destination branding.Journal of Destination Marketing & Management,6(4), pp.426-435. Kotoua, S. and Ilkan, M., 2017. Tourism destination marketing and information technology in Ghana.Journal of destination marketing & management,6(2), pp.127-135. Malik, H. and Sharma, M., 2019. E-Marketing as a Tool to Achieve Competitiveness in Travel Trade Industry. InHandbook of Research on International Travel Agency and Tour Operation Management(pp. 272-283). IGI Global. Marčeková, R., Šebová, Ľ. and Pompurová, K., 2019. Internet Marketing Communication of Destination Management Organizations in Slovakia: The Case Study. InSmart Tourism as a Driver for Culture and Sustainability(pp. 315-328). Springer, Cham.\ Mattimoe, R.B. and Tivnan, J.P., 2017. In search of hospitality: Theoretical and practical issues in performance measurement and management in hotels. Newman, A., 2016. Communication planning: A template for organizational change. van Ginneken, R. ed., 2019.Hospitality Finance and Accounting: Essential Theory and Practice. Routledge. 9