TABLE OF CONTENTS INTRODUCTION...........................................................................................................................3 LO1..................................................................................................................................................3 LO2..................................................................................................................................................3 P3 Mapping of consumers decision-making journey..................................................................3 P4 Significance of Customer Journey Map for the Hotel’s Marketers........................................5 LO3..................................................................................................................................................6 P5 Difference in Decision-making between B2B and B2C.........................................................6 P6 Approaches of market research and methods of the research................................................8 LO4..................................................................................................................................................9 P7 Marketers stimulus different stages of hospitality decision-making......................................9 CONCLUSION..............................................................................................................................10 REFERENCES..............................................................................................................................11
INTRODUCTION Analysis of consumer behaviour is very important and necessary task to company or business, no matters that company not comes from which industry or sector retail, hospitality, service, food and beverage etc. Basically, top-level management within a hospitality industry has highly required to consider consumer behaviour in market place, because after taking this step it can simply analyse actual needs, wants and demands of customers (Ettinger, A., Grabner-Kräuter and Terlutter, 2018). This report discusses consumer behaviour insight of Hilton Hotel. The Hilton is one of the most reputed hospitality business in the across the world. Headquarter of this business is situated in Virginia, United States. This report discusses different stages of consumer decision-making journey. Importance for marketers for mapping decision-journey also has been discussed in this report. Some other aspects like; B2C, B2B, approaches to market research etc. also has been discussed in this report. LO1 Covered in PPT. LO2 P3 Mapping of consumers decision-making journey Top-level management at Hilton hotel have to give order its marketing department for properly mapping consumer decision-making journey, because mapping step will be enabled to uppermanagementfordevelopingitshospitalityservicesaccordingtocustomers’needs (Breugelmans and Liu-Thompkins, 2017). Some major stages of consumer decision-making journey have been discussed below;
Figure1: 5 Stages of consumer decision-making journey Source: Kaplan, 2017 Stage 1 – Awareness: Awareness is the first stage in the consumer decision-making journey, in which a customer has realised its actual demands, wants and requirements in this stage. Customers releases their problems also in this stage, and then they try to buy that product which can solve their problems. Stage 2 – Information Search In the information search stage, there are customers takes steps towards researching about those products and services which are favourable by productivity and prices (Murphy, J., Hofacker and Gretzel, 2017). This is stage has conducted by customers for buying a durable product or service in market place. Stage 3 – Evaluation After researching about products and services, the customers have evaluated wide range of products and services of different companies and businesses. Basically, evaluation stage contributes in choosing right service or product to buy in the market.
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Step 4 – Commitment In stage of commitment in customer decision-making journey, a customer takes final decision for purchasing its decided service of product from the decided store, business or company. This stage has enabled to customers for being ready to consume purchased product or service. Step 5 – Support There is support stage is the final stage of consumer decision-making journey, in which customer has taken steps towards reviewing the purchased product after its full consumption (Filimonau and et.al., 2017). Customer give rating also to product or service on internet. These all are major stages of consumer decision-making journey, in which upper management at Hilton hotel has highly required to follow these all stages in its workplace for developing its products and services according to customers’ actual needs and demands. After considering these all stages, Hilton will be able to attract many new customers in global hospitality industry. P4 Significance of Customer Journey Map for the Hotel’s Marketers It is important for the marketers of Hilton Hotel to understand and evaluate overall journey map of all it’s guests. With the support of Journey Map, marketers achieve lots of benefits as follows: Improved Marketing To understand and analyse the journey map of the consumer can support marketers of the Hilton company to increase existing marketing strategies like online marketing communication, content marketing, traditional marketing as they would institutions into the decision-making process of consumers over the whole journey procedure (Panwar, Anand, Ali and Singal, 2019). Such insights into the consumer’s decision-making process can productively enhance the existing marketing operations and strategies of Hilton’s marketers to be more desirable and specific for the needs and preferences of it’s targeted audience. Customer services
It is very essential for the marketers to critically understand and analyse the customer’s journey map because it allows them and management to achieve understand issues and problems of the consumers which they faced during their map journey. These issues and problems can be easily determined by marketers of the Hilton hotel and resolve them permanently with the support of management so that company can offer better advanced customer’s service to it’s future guest, in order to retain their loyalty in precise manner. Increased customer’s base This Consumer Journey Map will support marketers of the Hilton Hotel to understand it’s targeted audience needs, wants as well as demographics. These information are integrated by marketers in it’s existing marketing strategy which helps to increase large number of customer’s base for the Hilton Hotel. Marketers responds over the customer’s decision-making process It has analysed from the above discussion that marketers are enabled to response over the customer’s decision-making process due to customer’s journey map. It denotes that it is one of the best approach to understand requirements and expectations of customer through which company can offer only those services which influence individuals to buying hospitality services of the hotel. As same marketers of the Hilton Hotel use customer’s journey map and determine customer’s needs and expectations like currently customer’s wants that they get proper safety in the room and gets safe food with good quality etc (Lemon and Verhoef, 2016). With such information, marketers and management of the Hilton hotel provides brief information to the consumer about it’s hotel service, location and commitment of 100% security which influences customer’s buying behaviour. Thus, marketers establish good brand image in the covid-19 pandemic as well. LO3 P5 Difference in Decision-making between B2B and B2C There are several key differences between the decision-making process of B2B and B2B. these are mentioned below:
Length of Decision-making process The time duration of the decision-making process of hiring or purchasing is quite different from each other. In business to consumer (B2C) organization customer’s takes decision of buying hospitality services in minimum time on the basis of customer’s services. While business to business (B2B) organization, it takes long time duration to hire or purchase services which provided by other business company in the hospitality industry. there is a reason of the time duration such as hospitality consumers never takes distinct factor as the part of decision-making process as B2B company undertakes before taking buying decision. For example, customer’s always give values to the price factor and customer’s services, based on this they decide to buy hospitality services of Hilton Hotel (Abuhashesh and et.al.,2019). In contrary, B2B company like Hilton Hotel choose number of candidates for it’s management or marketing operation purpose based their efficiency, previous customer’s experience and level of customer’s services that they have offered in other hospitality companies to the guests in the form of services. Hilton Hotel always recruits only those applicants who have ability to stand over their commitment based on this, they justify that the person can give high contribution in enhancing brand value and reputation of the business by offering high level of customer’s services to the guest. Communication Itisanotherdecision-makingprocessthatisproperlydifferentbetweenB2BandB2C organizations. I.e. companies run their business activities under the B2C model are not required to communicate with customer about their changes which are going to add in their business policies instead they are only needed to simplify the process through which customer’s can directly communicate with the business company. On the other hand, B2B takes decision, it is more grateful for the company to communicate the decision and offers values to the customer businessin respect of developinghealthyand productive relation.So, communicationis considered one of the key impacts on the process of decision-making of the both companies such as B2B and B2C. However, those companies operate it’s business under the B2C model have more flexibility in the decision-making operations. There is an great example of Hilton Hotel to understand the sated fact like upper management of Hilton hotel hires external agency to bring change in it’s organizational policy for hiring the new talents. In this state management have report upper management of the Hilton in the context of leading change. While Hilton analyses
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that emerging change or leading change is comfortable or not. But they do not have to communicate with it’s guests about the decision. Top level management only ensures that level of service is managed accordingly customer’s perspective. P6 Approaches of market research and methods of the research Market approaches and research in the hospitality industry understands the guest’s decision-making which can be summarized as follows: Customer’s feedback It is one of the major key approach to understand the reason of the customer’s decision-making process in the hospitality sector (Berman, 2020). Hilton Hotel can use this approach to examine the consumer’s decision-making process in the hospitality sector. Feedback is considered one of the best tool to understand customer’s insights through which company can influence the consumer’s decision-making process. Hilton hotel uses this approach to understand consumer’s perspectives. Primary research It is another effective method of the research for the Hilton hotel which allows company to conduct the market research through it’s own efforts. Meanwhile research, marketers of the Hilton can collect feedbacks of the customer, can access them through different networking sites like social media, internet and software application which evolves in the primary research. Primary research method offers questionnaires and survey method. With the survey method company can ask the questions to the customers about their decision-making process which can be framed in further process. Secondary research It is another effective approach that is considered time-saving approach because to conduct the research over the decision-making process in the hospitality sector is too time-consuming and costly approach. With the support of secondary research method, company do not have to hire speciality for the conducting market research (Rėklaitis and Pilelienė,2019). This method allows company to utilize informationfrom the availableresearcheswhich already have conducted over the hospitality market. This information can help to examine the fundamental of
customer’sdecision-makingprocess.Itisconsideredoneofthecheapestapproachesas compared others. Hilton Hotel do not require to put immense efforts and time to conduct market research over the customer’s decision-making process. It can use internet to collect overall information over the hospitality sector and all key areas of customer’s buying decision then company will enable to evolve in the marketing strategy to attract it’s customer’s to buy it’s hospitality services. From the above discussion it can be analysed that Hilton Hotel have multiple options and approaches to under the all aspects of consumer’s decision-making in respect of selecting particular hospitality industry. LO4 P7 Marketers stimulus different stages of hospitality decision-making Marketers at the hospitality sector influences different stages in the tourism’s decision- making journey which can be summarized in the following manner: The awareness stage: It is initial stage evolves in consumer’s decision-making journey in the hospitality market. This awareness stage denotes the time when consumers wants a holiday for releasing work pressure and life for the certain period of time. In this state, marketers provide different options to the consumer through emails and text message in order to attract them towards a related destination (Kara, 2020). Research stage: It is another stage evolves in the consumer’s decision-making journey. In this context marketers runs different marketing campaigns to provide brief information to the customer about hotel, it’s services and mainly location which plays vital role in attractingthemforbuyingservices.ForexampleHiltonHotelconductsdifferent marketing campaigns on key marketing channels and social media. Booking and stay stage: In stage marketers offers different attractive discounts and other staying benefits i.e. free meals for a single time in a day and other attractive offers like booking vouchers to influence customer’s for buying the hospitality services. Hilton Hotel also offers free amenities like breakfast and spa is another key benefit which attracts customers at the time of booking room.
Post-stay stage: It is another important stage in the customer journey in the hospitality industry. Marketers of the hospitality’s companies try to resolve issues of customers, offers free cab facilities and other key approaches for attracting customers (Kumar and et.al.,2018). In this stage, marketers try to build strong brand image in the customer’s mind by offering attractive facilities and ensures that they get good experience while staying in the hospitality rooms. For example marketers at the Hilton Hotel takes feedbacks from the customers and encourages them to give their suggestion over the service which they have served through staff so that next time they can offer more better services to them. Thus, this stage helps Hilton to maintain brand value in the hospitality sector. The major drawback of the customer’s decision-making stages is that these are quite time-consuming and requires expertise of marketers to deal with customer’s issues then Hilton hotel can retain high loyalty in its targeted audience. CONCLUSION It can be concluded that it is very necessary as well as mandatory to a business for analysing its consumer behaviour in market place, because when any company fully knows behaviour of its customers, then it can simply develop its products and services accordingly. Upper management at Hilton should always take steps towards properly understanding the journey of customers. Some major importance behind mapping customer decision-making journey has been mentioned in this report, in which upper management of Hilton have to consider this importance. It can be also concluded that marketers should influence various stages ofconsumerdecision-makingjourneyforattractinglotsofnewcustomerstowardsown hospitality business.
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