How hotel industry can gain competitive advantage trough social media
Verified
Added on 2023/01/16
|38
|12616
|97
AI Summary
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
How hotel industry can gain competitive advantage through social media
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Abstract This study will show importance of social media in taking competitive advantages by hotels. It also shows some negative impacts and barriers which occur due to social media like attracting all age group of people, measuring effectiveness, threats of privacy and security. Further, it will show some strategies to increase effectiveness of marketing strategy and solve all negative impacts of social media.
Table of Contents Abstract........................................................................................................................................2 INTRODUCTION.......................................................................................................................4 Background.........................................................................................................................5 Aims and objective.............................................................................................................6 Rationale.............................................................................................................................6 Significance........................................................................................................................7 CHAPTER 2................................................................................................................................7 Literature Review.........................................................................................................................7 Importance of social media................................................................................................7 Impacts of social media on hotel industry..........................................................................9 Strategies to gain competitive advantage via social media platforms..............................11 Chapter 3....................................................................................................................................13 Research Methodologies............................................................................................................13 Key Findings and Results..........................................................................................................19 RECOMMENDATIONS...........................................................................................................28 CONCLUSION..........................................................................................................................28 REFLECTION...........................................................................................................................30 REFERENCES..........................................................................................................................32 APPENDIX................................................................................................................................34 Tame Table.......................................................................................................................34 Questionnaire....................................................................................................................35
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
INTRODUCTION For the promotion of business of hospitality, social media plays a very vital role as large number of online customers are been influenced by the social media. The impact of social media on hotel business as well as on tourism is very huge. For the selling of the business as well as for the marketing, various web links as well as websites are been used by most of the hotels. Therefore, for accessing the guests reach as well as for the advertising for the business, hotel industry tends to use the social media directly or indirectly in many ways. Social media does not only promote products and services of an organization but it also helps them out in increasing customers loyalty and improving relation with them. This increased relation have direct impact on their brand image which makes them able to take competitive advantages and making a strong position in the market (Fuchs, 2017). There are several social media platforms which are being mainly used by businesses and specially by hotels for promoting their services and attracting wider range of customers such as Instagram, Facebook and Twitter. Advertisement of hotel as well as their products is been done through various social networking sites such as Trip Advisor, Twitter, Facebook and through several other platforms, thus specially the industry of hospitality has received the positive effect due to the large platform of social media. Blogs and comments on social media, positive reviews of the internet user regarding the good reputation of the hotel has helped the hotel in gaining and developing the trusts with regular clients (Shareef and et.al.,2019). Moreover, reaching new customers is the great opportunity that has been developed by the social media for the hotel industry. Additionally, guests or clients are been facilitated by various options to check the rates, do comparison of the provided services by the hotel as well as for choosing the best hotel depending on the preference of the location with the direct accessibility which has been created by the social media. Therefore, fast and easy access to hotels for the purpose of direct booking is been facilitated by social media. As social media has became the very much part of the everybody's every day life, so the customers of the hotel industry started preferring as well as making their selections depending on the reviews they get on the social media sites. Thus, it could be considered that social media is the tool which could be used as medium for broadcasting of the business (Raab and et.al, 2016).
Background Over the past few years, not only the interactions of people but also the interaction of business with customers is been revolutionized by the social media sites such as Twitter or Facebook (Larsson, 2018) In order to compete as well as to survive in the current business environment it is very much necessary to deliver the clear message as well as the keen understanding to the consumers of the services and products that are been produced by the industry of hospitality. Therefore, the current statistics shows that, around fifty percent of the Facebook users are been influenced by their friends preference of choosing the hotel in their travel plans (Allcott, Gentzkow and Yu, 2019). This study also shows strategies of increasing sales, attarcting wider range of customers as well as taking competitive advantages with the help of social media platforms. Providing rewards, discounts and others things for increasing awareness about digital marketing or using social media which plays an imporatnt role and it is the main strategy which this study will show. Additionally, the type of accommodations that has been offered by the hotel company regarding the information of current situations could be understood through the social media as most of the people tends to post pictures and videos on these platforms depending their experience with the hotel. Furthermore, social media helps in promoting the hotel by making their customer gain knowledge regarding the nearby walkable landmarks or tourists attraction points through their hotel as now a days guests are not only concerned about the staying in the hotel but also cares about the fact that what could be done around the hotel. Thus, in this way the hotel could gain competitive advantage over the other hotels of the industry through social media. Therefore, these useful tools helps in improving the services provided to the guests as well as helps in improving the business of the hotel (Heand et.al.,2017). Furthermore, before making decisions regarding the travel needs consumers tends to do online researches for the purposetogetthebestvalueformoney,forthistheyusethesesocialmediatools. Additionally, in the traditional media,the communication was one way, but social media has helped the business of hospitality with two way communication by making the consumers to exchange their views regarding their experience as well as social media facilitated their clients to have direct conversation with the company of the hotel (Keller, Möhring and Schmidt, 2017). This study is going to show imporatnce of social media in the context of business and its products promotion with the differebnt views of authors. It will also discuss critical imapcts
of social media platforms on the performance and effectiveness of employees performance of hotels. Businesses take competitive advantages by communicating with customers, providing them satisfactory services and making them feel valued by solving their queries. On the other hand, social media platforms sometimes become the reason of decreased sales of companies as people visit company's website and reviews all comments and negatuve comments change their mind. Both impacts is being discussed in this study. Aims and objective Aim– “To investigate how hotel industry can gain competitive advantage through social media” a case study onHoliday inn Sloguh hotel. Objective To analyze the importance of social media. To examine critical impact of social media on hotel industry. To recommend strategies of how competitive advantage can be gained with the help of social media. Research questions What is the importance of social media? How social media impact on hotel industry? What strategies can be followed to gain competitive advantage? Rationale The purpose of this research is to know the how the hotel industries had gained competitive advantages through social media. As through this research the hotel companies could gain the knowledge regarding the taste and preferences of the guests or clients of the hotel. What consumers preferred to be serviced by the various offering that has been provided by the company of the hotel. Moreover, this research will help in making the hotels going of understanding regarding the impact that social media has created in their business. Moreover, this has encouraged the hotel company to facilitate their customers with the best possible services as for the perspective of long term success.It is an interetsing topic as well because social media is not only being used in business for promoting their products but also is being used in daily lives and day to day activities. By knowing more about social media, hotel can take several advantages of it as it can increase its sales. It can also be beneficial at academic level as well. By getting relevant informations and knowing importance of social media,
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
researcher can help differently hotels in accomplishing their goals and making effective marketing strategy by making an effective use of social media. It is an interesting topic and it is other main reason of selecting this topic as in which area an individual has interest then they put extra efforts in making the project successful.Additionally, consumers need recognition by engaging them to share their experience in dialogue with the usage of social media, ultimately in order to improve the business is been gained through this research (Lee, 2018). Significance The significance of this research is to determine how this internet enabled technologies such as YouTube, Twitter, Facebook, Trip Advisor or etc. has influenced the business of hotel industry. As social media helps in going the brand awareness among the various other competitors of the industry. Awareness about Social media and internet is increasing in rapid manner as most of teh people and businesses are making an effective use of social media for connecting with customesr and promoting their products. It is rising day by day and choosing this topic can help students on their academic level as well as business man to commercial level. By knowing importance and critical impacts of social media they can make better decisions. Converting potential consumers to the loyal consumers is very much essential for the company in order to have long term awareness as well as for the brand recognition, thus, social media is the platform for the same. Therefore, this internet enabled technologies has been implemented for the enhancement of business (Tajvidi and Karami, 2017). CHAPTER 2 Literature Review Importance of social media In the context of social media, it can be said that it is an essential piece of business marketing strategy. Technology is increasing day by day and rising importance of social media is one of the main example of technology which are being used by most of the people. It allows people to connect and reach others at local, national and international level. In the context of business, it is stated byYahia, Al-Neama and Kerbache, (2018)social media is becoming the main key of the success of many businesses as with its help, businesses are promoting their goods and services to the national level. Hospitality is one of the main industry who has made itself beneficial and developed by making an effective use of social media platforms. Hotels or hospitality industry does not only promote itsproducts and
servicestothenationallevelbutalsogetskilledworkforceswhichhelpsitoutin accomplishing its goals. In addition, it is also stated that social media is supporting in improving their brand loyalty because with the help of social media platforms, they engage with customers and provide them satisfactory services. Satisfied and valued customers are more likely to retain with the company for the long run and if customers retain for the long run than it has direct impact on improved brand loyalty. Source:2019 Social Media Industry Benchmark Report,2019 In the context of Instagram which is becoming popular as many people use it to the great extent. It is being used in education, health and care, and other businesses. It is stated that instagram is mainly being used for advertisement as there are several companies who upload pictures of their services and products and give all details about it and attract customesr to visit their website and purchase them. In addition, in the context of importance of social media for businessesSajid, (2016) said that social media help hotels and hospitality industry in increasing traffic and attracting wider range of customers, Nowadays, people prefer online shopping and want to get all their products online. There are several hotels which give each detail of their products and characteristic of services on social media platforms like Instagram, Facebook and others. People can make effective decision by reviewing them and having all informations about
products and services of hotels. Many hotels and businesses allow people to give their feedbacks and share their views regarding products and services. By reviewing these views, customers can measure effectiveness of products of businesses and hotels. One of teh main reason of online shopping and making an effective use of social media platform is it saves time and cost of both, customers and businesses. Company can even identify needs of customers who have visited their Website, they can also identify that which type of products and services they want to get. By making changes in their services and products as per the analysis, hotels or businesses can take competitive advantages as well as increase sales. It becomes easy engagement with customers. It is one of the main key of the success of marketing, Nowadays, any businesses prefer digital marketing rather traditional marketing because it helps them in communicating with wider range of customers in an efficient manner. It can also be said that,Guesalaga, (2016)social media is not beneficial for businesses or hotels but also useful and effective for customers. For example, if customers face any problem or challenges in operating their electronic products or others then it can connect with customer care of that company. There are several hotels and businesses who allow 24*7 customer services facilities to people by which they can solve their problems anytime anywhere. People do not require visiting shops or hotels directly only because of these social media platforms. Impacts of social media on hotel industry In the context of impacts of social media, it is stated Stone, (2017)that with the help of social media platforms hospitality industry and hotels is increasing number of booking as people prefer direct booking through company's website. So, it can be said that Holiday inn Sloguh hotel can increase its sales by providing this facility to customers. This online booking facility help customers to choose the best location, reviewing services and compare them with others. Customers can share products of hotels with their relatives and friends, which are being presented or shown on social media platforms. It can help Holiday inn Sloguh hotel in promoting their products by words of mouth or mouth publicity. Company can engage with customers by sharing their user generated content. For example, if an individual talk about products of an organization public ally on Twitter then company can retweet as what they said and use that for increasing brand authority and trust. It can also be said that with the help of social media platform, Holiday inn Sloguh hotel can take competitive advantages by providing
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
effective services to customers which can satisfy their needs. By solving their problems and giving all informations on social media platform, company can engage with them efficiently. Source:2019 Social Media Industry Benchmark Report, 2019 From the above it can be said that social media is one of the best way of promoting products and services of companies. It is mainly used for Sports and teams, advertisement and influencer. By making an effective use of media, companies promote their product by giving video and content advertisement. Verma and Verma, (2017)argued and said that social media does not only have positive impacts as it has several negative impacts as well. Many businesses or hotels has option by which people can share their views which may be positive and negative. When other people who have not visited hotel before they review all comments of existing customers. When they see negative comments then it changes their mind and influence them by which they shift to other hotels. So, it can be said that several options of social media can decrease sales of Holiday inn Sloguh hotel. In addition, it can also be said that there are several people specially with the age group of 45-60 who do not prefer online booking or shopping which shows that with the help of social media, hotel can not target all age group of people. People have trust issues if once they get poor quality of service or different products than shown on
social media platforms, have negative impacts on them. They even share their views with their relatives and friends which decreases brand image of the company. Sometimes consumers give false statement by sharing a testimonial experience on their personal impression towards the hotel. It can have negative impact on those who check company's site for the first time as they cannot trust sources. Figure1Source: 2019 Social Media Industry Benchmark Report, 2019 From the above shown diagram, it can be said that, engagement rate in increasing with Facebook posts. There are several companies who make an effective use of social media and mainly Facebook. They upload some pictures having all details of products and services. So, it can be said that Facebook is one of the main effective social media platform which are being used by many companies. Strategies to gain competitive advantage via social media platforms It is stated that competition is increasing rapidly in hotel industry due to advanced technology as hotels are making use of social media platform for marketing like Facebook, Instagram by updating pictures and attract customers (Gil-Soto and et.al., 2019).It is important for Holiday inn Sloguh hotel to adopt some effective strategies in order to attract customers to the great extent and make an effective position in the market for competing with rivals. As per the Candi and et.al., (2018) resolving customers problems by employing an
effective employee who can provide customer services, hotel can incraese customers loyalty towards the brand. By solving customers queries at any time, Holiday inn Sloguh hotelcan take competitive advantages by making customers feel valued. Valued and satisfied customers stay with the company for the long run, and they also help hotel in promoting their goods by sharing their views with others. In addition, it can also be said that by providing discount and other benefits to customers who prefer online booking, Holiday inn Sloguh hotel can increase its total number of booking and can take competitive advantages. For example, company can give discount offer to its potential customers such as “ Book online and get 25% off” “Get vouchers by booking online” like this. These offers attract customers so, by providing them qualitative services at affordable prices, Holiday inn Sloguh hotel can make a strong position in the market and increase sales as well. So, it can be said that by updating social media with coupons and sales, sales can be increased. Raj and Alexander, (2018) also stated and said that Customers of hotels make booking by making use of official website and other platform by getting number of hotels. By becoming active and interesting on social media, Holiday inn Sloguh hotel can increase loyalty and customers trust. By responding to all customers' concerns and being innovative in thewaycompanycommunicatewithcustomers,cantakecompetitiveadvantages.By reviewing competitors list and seeing that which types of services and offers they are providing, Holiday inn Sloguh hotelcan make changes in its own products and services and make them more attractive.Holiday inn Sloguh hotel should make an effective use of Facebook, Twitter and Instagram and inform to their customers about what they can truly and effective do as well as provide with their brand. It is also important for this hotel to make its customers aware and believe that all activities are being done by them only for satisfying their needs by becoming honest and caring towards them. Analysing and measuring effectiveness of traffic and performance of own Website company can identify that whether it is performing effectively or not. The main aim of analysing own website and measuring traffic is to make adequate changes accordingly and attracting customers to the great extent.This hotel has not been doing this but now but for taking competitive advantages it is focusing on taking reviews of customers for knowing their needsandprovidingservicesaccordingly.Inadditionisalsofoundthatformore improvements and satisfying customers Hotel can take inspiration from its competitors by
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
making an effective use of social media as it can see that what contents are being used and shared by competitors. By knowing this, it can improve its tactics to reach out to potential customers. Creating a social media calendar, Holiday inn Sloguh hotel can taike competitive advantage as it is an effective strategy. This calendar include the day and time on which company want to post and share their products and services on social media platforms. It can help this hotel in making its social media planning in an efficient manner. Chapter 3 Research Methodologies Research methodology is an important part of the whole research. It refers technique or process in which researcher select, identify as well as analyse relevant informations about the topic. In this context, it can be said that this step or research methodologies allow viewers as well as scholar to evaluate the whole study in both positive and in a negative manner. The main aim of evaluating study in critic manner is to identify validity and reliability as well as identify that researcher have knowledge about the topic. It consists of several steps such as: research types, approaches, philosophy, design, data collection and data analysis. There are several importance and benefits of using research and the main importance and reason of using this step is to solve main research problem which is being discussed and for which this whole research is being conducted by scholar. It gives a work plan to rehearser are help them in gathering as well as analysing data relevant to the topic which is vital and key for the success of the project (Quinlan and et.al., 2019). By following all steps of research methodologies in a sequence, researcher can accomplish its goals as well as solve the problem. Systematically execution of all steps considered as the main key of the success of the project. By which, scholar can identify impacts of social media as well as its importance in taking competitive advantages by hotels. Some steps of research methodologies are being discussed as below: Research types:Research types refers a process in which researcher investigate a situation with the main aim of generating or developing new knowledge by collecting data in different form. On a broader way and as per the nature of the topic, research types are being divided into 2 parts such as qualitative and quantitative. Both types shows the form in which data are being gathered as it may be numerical form and non-numerical form. Qualitative type of research deals with phenomenon that are difficult for researcher to quantify mathematically.
For example: Believes, attributes or symbols. The main aim of using this type is to gather in depth understanding of human behaviour by collecting informations in non-numerical form. The main focus on researcher in this type is to identify the main reason as how and why of decision-making and not on when, what and where. The main difficult function which researcher needs to perform i selecting the best type for conducting the research because all further steps depend upon this type. It is stated that selection of the type mainly depend upon the nature as well as purpose of the study. The main topic of this research is to identify impacts as well as importance of social media by which hotel can take competitive advantages (Abdalla and et.al., 2018). It is a broad and interesting topic for which researcher will require to identify human behaviours in depth as what they prefer analyse etc.So, researcher will select qualitative research type for developing this project. Advantage of using this type is it makes able to more complex aspects of an individual experience which need to be studied. Ontheotherhand,quantitativetypeofresearchrefersasystematicempirical investigation of any phenomenon with the help of using statistics or mathematical techniques. So, it can be said that this type of data are being collected in the form of numbers. It can be made successful by making an effective use of scientific methods such as: generation of models, development of methods for measuring effectiveness, analysis of data etc. Research philosophies:Research philosophy is an important step which needs to be followed by researcher by which they analyse the way in which data about a phenomenon should be collected as well as analysed by them. It can also be said that it is all about assumptions about the development of knowledge. There are mainly 2 approaches of research which is known as positivism and interpretivism. Positivism research philosophy mainly focuses on physical phenomena. With the help of observations as like a natural scientist, researcher collects data which cannot be influenced by human interpretation. This philosophy mainly suggests researcher. There are several advantages of this philosophy which put pressure on scholar to prefer this approach such as: in this approach, researcher follows a well- defined structure which helps them in accomplishing its goals in an efficient manner. It can also be said that this philosophy is concerned with quantitative research type. Limitation of this philosophy is it is inflexible and has lack of ability to accept changes. Whereas, Interpretivism philosophy believes that study of social science is different from natural science and also believes that only individual can create effective meanings. So,
it can be said that in this philosophy scholar perform as a social actor. The main aim of this approach is to understand people and it is the reason that researcher focuses on meanings that people attach to norms as well as values. It also identify differences between developing a research among people rather than objects. It is concerned with qualitative type of researcher so, for developing research on the topic of social media and its impacts on hotels, scholar will make an effective use of interpretivism research philosophy. Advantage and benefit of using this philosophy is to take care of people's believes by understanding their actions in an efficient manner and make them feel respected. Research approaches:Research approaches refers theories by which researcher increase their knowledge and skills about the main topic and identify some ways of solving the main research problem. Inductive approach refers a theory which starts with observations and final outcome is theory. On the other hand, deductive approach begins with the proposition of hypothesis and final outcome is may be rejection or confirmation. Inductive approach is consideredwithqualitativetypeofresearchaslikeinterpretivismphilosophy.Inthis approach, researcher develop a new theory related to the topic in order to increase their knowledge for making the project successful (Fischer and et.al., 2017). By generating new theory emerging from the data, researcher also measure its effectiveness as how its knowledge can help them in developing the research. Type of research of this study which is being conducted on the topic of social media and its impacts, is qualitative so, scholar will use inductive research approach. By using this approach, researcher can get depth as well as structured data about the main topic. While developing research and using this approach, scholar assumes that they have enough or abundance of time so, they can analyse informations in a systematic way. On the other hand deductive approach is all about testing an existing or old theory which is developed already. This approach mainly focuses on causality whose main aim is to explore new phenomena or sometimes looking at previously researched phenomena by using different methods. This approach believes that there is a shortage of time so, depth analysis of informations is not possible. Advantage or reason of using this approach is it makes researcher ableto identifycasualrelationshipbetweenvariablesandconcepts. Limitationof this approach is researcher find problems in influencing people to take participation in data collection process and sometimes younger readers cannot understand the main concept.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Research design:Research design is not limited to one method as it is a set of processes which are being used by scholar in gathering as well as analysing measures of variableswhicharebeingdiscussedintheproblemresearchstatement.Experimental, descriptive and correlation al are 3 main research designs. In the descriptive research design, researcher mainly focuses on describing situations in its research (Leavy, 2017). It helps researcher in identifying answers of how and why. In experimental research design, researcher identify relationship between effects and reasons of the situation by observing impacts caused by independent variables on dependent variables. Correlation al is known as non-experimental research design in which scholar tries to identify a strong relationship between 2 closely connected variables. It is based on true facts and not on assumptions. For this, there is a requirement of using statistical analysis techniques. It is concerned with quantitative research type,so researcher will use descriptive research design. Data collection:Data collection is one of the important step of research methodology because by following this step only, researcher collect informations relevant to the topic and make the research successful. Data collection plays an important role as it makes scholar able to store as well as analyse important informations which can meet needs of the topic or can solve the main research problem. There are 2 types by which researcher collect data as per their requirements such as: primary and secondary. Primary data collection is concerned with collection of brand-new data which are not being used or analysed before. The main aim of using this type is to make reliable project and make readers influence that project is being developed ethically and researcher has depth knowledge about the main topic. For getting primaryinformations,researchercanmakeeffectiveuseofsomesourcessuchas Questionnaire, survey, observations etc. So, it can be said that by making an effective use of this data collection, researcher can increase accuracy of the project. On the other hand, secondary data analysis is all about getting old or existing data which are being used before for the same topic of research by others (Yeakley and Caballero, 2016). There are chances of plagiarism and other problems and it is the reason that scholar focuses on primary data analysis. On the other hand, secondary data collection has some advantages such as: it saves time and cost of researcher because scholar does not have to pay attention or observe. Some sources of getting secondary data include: internet which is being majorly used by people, books and journals, articles etc.The main topic of this research is
to identify impacts and importance of social media forHoliday inn Sloguh hotel by which it can take competitive advantages. For accomplishing the main goal of this research, scholar will use both types of collecting data but mainly focus on primary data collection in order to get new informations. Data analysis:Data analysis is also considered the key of the success of the research project. Researcher believes that collecting data relevant to the topic is not enough for making the project successful as they need to mould and analyse it as per the needs and requirements. They also believe that all informations which they collect either from primary sources or from secondary do not has accuracy at all so, they require to analyse it. So, it can also be said that after collecting informations, data analysis is an important step which need to be followed by scholar. There are 2 types of analysing, collected informations or data such as qualitative and quantitative. Qualitative data analysis are non-statistical as it consists of range of procedures in which researcher analysis those data which are being collected in the form of explanation, human behaviour or non-numerical form. Selection of the type of data analysis is also depend upon the main research type, For this study, researcher selected qualitative type so, qualitative data analysis will be suitable for analysing non-numerical data. On the other hand, quantitative data analysis is being analysed deductively. With the help of this type, researcher analyse numerical data which are being collected in quantitative research type. By knowing mean, median and mode of that data, researcher measures central tendency. It can also be said that, with the help of quantitative data analysis and using descriptive statistics, scholar measure relationship between variables. So, it can be said that this type of data analysis is being used for analysing numerical data in quantitative research type. Sampling:Sampling refers a process of selecting target people for completing data collection process or supporting researcher in getting relevant information. In the process of sampling target people are known as sample which are selected by 2 methods such as random and non-random. Methods of sampling which are being used by researcher depends upon the type of analysis which are being performed. In random sampling, researcher select sample randomly with the main aim to increase their morale because it decreases situation of biasness. When researcher select sample randomly then it makes people feel valued and respected. There are several factors are being considered while selecting the type of sampling such as:
Availability of time, cost, resources, means of communication, ethics etc. 30 employees of Holiday inn Sloguh hotelare being selected for data collection process as a sample. On the other hand, in non-random method of sampling, researcher select people on the basis of some factors such as experience of people, their age, gender etc. Disadvantage of this method is it can create situation of Biasness which can decrease morale of people who are not being selected in the process of data collection (Wu and et.al., 2017). In this type, people are not being given equal chance to take participate because sample are being selected on some basis. On the other hand, it has some advantages as with the help of this method, researcher can increase effectiveness of the project because there are some type of research in which there is requirement to analyse some factors. For example: if researcher wants to identify impacts of social media on the performance of business then it can get effective answers by employees of organization who has more experience. For this study researcher will select random because all people are being given equal chance of giving answer and taking active participation. Ethical consideration:Ethics refers moral principles which shows behaviour of an individual. This moral principles make an individual able in identifying difference between the right and wrong. It plays an important role in any stage or field and specially in research for making the project reliable and successful. There are several barriers occur while conducting researchwhichcanaffecteffectivenessoftheperformanceofresearchersuchas environmental factors, changes in needs of people, resistance of target people in sampling process (Minaya, 2016). So, it is important for researcher to be calm and follow codes of ethics for removing all these factors and influence people. When an individual or researcher follows codes of ethics and behave in an effective manner then people believe on them and support them in providing in formations relevant to the topic. There are some codes of ethics which is important to be followed by scholar in developing research (Ryen, 2016): To maintain honesty or completing the project with loyalty. To show care towards participants and make them feel valued. To not force any participant to take participation in sampling and data collection process. To keep participants' personal and sensitive informations safe and secure. To not disclose company's informations with others.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
To use effective means of communication. To not hurt anyone by any means or remove biasness. So, from the above, it can be said that by following all discussed codes of ethics, researcher not only make its project successful but also can increase its image in the eyes of people or readers. Key Findings and Results Theme 1: Most used social media platform? Interpretation:From the above question, the most effective and valuable social media platforms is being identified by gathering answers from random employees of hotel.It can be said that Face book is the most used and effective because it is mainly or majorly being used by people nowadays.On the other hand, it can also be said that in this context that Instagram helps many of businesses in attracting customers. Whereas and in addition, it can also be interpreted that Twitter is the main effective platform which helps hotels in promoting their services and engage with customers. Theme 2: Importance of social media for business growth? Interpretation:On thebasis of above question, it can be said that business advertising or promoting business services is one of the benefit of using social media as many of the businesses are using social media for promoting their products. In addition, it can also be said that business advertising is the main key of the success of business because it is important for customers’ to have proper knowledge about products before buying it. On the other hand, that social media helps businesses and make them able to engage with customers and increase loyalty. Social media increases brand awareness of their company. It helps them out in taking competitive advantages. Theme 3: Problems faced by company in using social media platforms? Interpretation:On the above question, it can be said that social media creates several problems. One of the major problem of social media is it is increasing competition in
hospitality sector because companies in this industry who has financial stability invest more in social media marketing and advanced technology for attracting customers and those who does not have financial stability lack behind.The main reason of this is people are making increasing use of internet and social media is one of the main reason of increased competition which can decrease sales of businesses. On the other hand, it can also be said that it is time- consuming as it requires 24*7 active involvement.Users are also allowed to give feedbacks and negative feedbacks give negative impacts on the brand image of company. Theme 4:Effective marketing strategy for business expansion? Interpretation:From the above, it can be said that that social media marketing is an effective and beneficial marketing strategy. There are several companies who are making effective use of social media and people also use this to the great extent so, with its help hospitality sectors or hotels can improve their business activities. In addition, advertising campaign is other effective marketing strategy which can attract customers in a better way. E- mail marketing or meeting directly to customers is an effective marketing strategy which are being used by several businesses. Theme 5: Social media helps hotels in promoting services Interpretation:It can be said that social media is supporting several companies in promoting their services and business. One of the main reason is, social media has several attractive platforms which allow both customers and businesses to connect with each others and know about products in depth. On the other hand, it can also be said that social media is not helping some hotels as it is increasing competition which is not good for it because due to this resaon they become bind and pressurized to invest more in technology.
Theme 6: Controlling methods of brand online via social media? Interpretation:On the basis of above question, it can easily be said that making an active participation in conversation of customers by businesses, they can control their brand online. It can also be said that in this context that by using this method businesses can have great positive impacts on their performance. On the other hand, solving customers query and keep in touch with them by customer service, businesses can control their brand and influence customers. So, overall, it can be said that, there are several ways of controlling brand online. Theme 7: Ways of increasing followers or subscribers? Interpretation:From the above question, it can be said that by providing offers and discounts to customers, companies can increase total number of followers and subscribers. The main reason of providing offers and incresaing number of followers is to improve brand image and having a strong position in the market. It can also be said that discounts attract customers themostasitgrabstheirattention.CustomersNowadaysseekqualitativeservicesat affordable prices and it is the better way of increasing followers. Theme 8: Editorial calendar helps in creating quality content? Interpretation:It can be said in the context of auditoria calendar that editorial calendar plays an important role as it helps businesses in controlling publication of contents across media.Editorial plan is important for their company because with it, hotel can create quality content as well as control it in an efficient manner. In addition and in the regards to importance of editorial plan in social media, can be said that editorial calendar make businesses aware about time and importance of posting pictures. On the other hand, it does not only have positive impacts because, because it consumes their time.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Theme 9: The main barrier in social media marketing? Interpretation:It can be said that there are several factors which create barriers in the path of the success of digital or social media marketing. One of the main barrier and problem which many companies are facing is ineffective HR and financial resources. It is the main problem for many hotels as it creates problem for them in attracting all age group of people. It can also be said that ineffective marketing strategies is main disadvantage or weakness of many companies which create barriers for them.On the other hand, some of companies believe that building a community of followers is the main problem as there are several competitors in the market and it becomes difficult for them to increase numbers of followers. Theme 10: Consumers engaging factors with social media? Interpretation:On the basis of above question, it can be said that there are several factors which can attract and engage customers. One of the main engaging factor is written articles which are the most used and effective factor. It can also be said that in this context that videos catch attention of customers and attract them. In addition, and in the context of engaging factor it can be said that discounts and other offers can catch customers attention towards company's services. Overall, it can be said that, there are several factors are available by which companies can attract customers to the great extent with the help of social media. Theme 11:The most preferable source of booking by customers? Interpretation:On thebasis of above question, it is analysed that most of the customers prefer online website for booking hotels. Online website has considered one of the main preferable sources by which many hotels analysed the total number of booking as compare to the last year and it has made it able to increase its brand. On the other hand, rather, online website, official website of the hotel also is being majorly used by customers for booking hotels as customers can analyse features and all informations and compare them with other hotels, so they prefer official website. In addition, it can also be said that many
customers book their services and hotel from travel agency as they do not rely on social media platforms due to some reasons. Theme 12: Social media give competitive advantage opportunity? Interpretation:It can be said that social media allow companies to take competitive advantages as there are several features are available by which they can take this advantage and can attract wider range of customers. By making an effective use it can give several opportunitiestocompaniesandhotelsandcompetitiveadvantageisoneofthemain opportunity. They also said that social media allow companies to identify their competitors, services and as per the analysis they can make changes in their strategies accordingly. By making changes in strategies as per the analysis via social media, companies make a strong position in the market and makes their products differ then their competitors. Theme 13:Leadership and effective management play an important role in supporting company to take competitive advantage via social media? Interpretation:In this context, it can be said that leadership and management play an important role in taking competitive advantages by companies. Leadership and management plays a vital role as they support company and employees in accomplishing their goals. An effective leadership style and management activities guide employees of their organization and tell them new ways of attracting customers. On the other hand, it can also be said that in some situations, these both do not play an effective role because there is a requirement of having technical skills and knowledge of operating social media. Theme 14:The main success achieved by companies with the help of social media? Interpretation:Above question is all about knowingimportance of social media. In this context, it is identified that companies can increase its overall sales which is generally the main goal of marketing strategy or social media marketing. It is also known that social media supports companies to the great extent and somehow it also makes them able in accomplishing their overall business goals. With the help of social media and making effective use of its platforms, they can engage more customers which can directly impact on its sales and revenue. It can also be said in the context of importance of social media that social media makes many
companies able to expand their business in other new markets and aware their people about its services and products. Theme 15:Use of social media in employing people? Interpretation:In the regards to question of uses of social media, it can be said that many companies make use of social media only for brand awareness and not for employing people for the organization. All those companies who do not make an effective use of social media for employing people can face some problems. It can also be said that lack of skilled workforce is one of the main problem of the failure of the business. For operating social media, there is requirement of talent workforce because lack of knowledge can create several problems like loss of data, cyber attacks etc. On the other hand, it can be said that several companies employ some employees with the help of social media which help them out in gettingorattractingskilledworkforceofdifferentculturesandmaketheirworking environment innovative. So, it can be said that from this that, hotel needs to make use of social media for other activities for taking competitive advantages. Theme 16:Social media of company fallen victim to the hackers? Interpretation:It can be said that, internet or social media increase risk of loss of information’s and other privacy related issues. There are several companies who have become victim to the hackers. Company provides some information’s to customers via Website and these information’s are being analysed by their competitors by which they take undue advantage. On the other hand, there are some companies who have not faced the problem of loss of data, hack of the accounts yet as they have developed or used some privacy tools. So, it can also be said that there is a requirement or companies to use effective privacy and security tools from preventing itself against loss of data and privacy related issues. Theme 17:Different cultures of people affect performance via social media? Interpretation:It can be said that people from different cultures and countries affect the performance of the company which they perform via social media. With the help of social media, companies can contact to different cultures of people which has different types of
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
needs and tastes. Different cultures of customers seek services as per their needs and tastes and it becomes difficult for the company to provide services as per different types of needs of people. If customers do not get services as per their tastes and requirements then they give negative comments on company's website which impact on the brand of the company. So, it can be said that companies require focusing on sustainability and it is the main factor which can help them in having positive impacts of different cultures of people. Theme 18:Using tools to schedule and automate posts, can be beneficial for company? Interpretation:It can be said that importance automation posts tools plays an important role. By making an effective use of tools who can post and schedule automatically once in a week can help companies in attracting customers or give other benefits. They also said that by making an effective use of these tools, their company can save time. On the other hand, it can also be said that these tools sometimes can create some problems because these tools do not have ability to think as like human. Theme 19:The best tool to automate posts & schedule for the company? Interpretation:It can be said that tools which automate posts and schedule plays an important role and there are several tools are available for this. Hoot suite is an effective and the best tool to automate posts. Hoot suite social media management platform has several characteristics which allow companies to track as well as manage their social network channels. Company can also monitor that what customers are saying about their products and services. In addition, It can be said that Buffer is one of the important tool to automate posts & schedule. MeetEdgar is other effective and the best tool because with it, company can post some pictures and other things on a specific time whenever they want by setting schedule. Theme 20: Social media marketing goals integrated with the main goal of the company?
Interpretation:It can be said that social media marketing goals have direct connection with the overall goals of the company. By accomplishing social media marketing goals, companies can accomplish overall business vision and objectives. It can also be said that the main social media business goal of many companies is to attract wider range of customers and taking competitive advantages. The overall aim of the business of many companies is to increase brand image and increase sales and by attracting customers to the great extent, company can increase sales as well. On the other hand, many companies believe that there is no connection of social media goals with the overall business goals as they both are different. So, company needs to focus on accomplishing its overall business goals separately. Theme 21:Main targets for social media marketing? Interpretation:It can be said that social media is not beneficial for all age group of people. The main target of many hotels is 25-40 age group of people. It can also be said that in this context that, this age group of people use social media to the great extent, and they also prefer online shopping and online booking. By analysing followers list and the increasing number of online booking, many hotels are identifying that most of the people who booked online services and were from this age group. Theme 22:Recommendations to company regarding strategies to improve social media marketing strategy? Interpretation:In this open-ended question, several effective strategies are being identified by which company can take competitive advantages and solve all barriers or challenges which occur in the path of its success.It can be said thatcompany should focus on attracting skilled workforces as it is one of the main and key element of the success of the company. Skilled workforce have knowledge about how to operate social media, how to create compelling contents etc.It can also be said thatby managing SEO, they can critical evaluate its performance. By evaluating all factors and its performance, it can make changes in its others strategies which can help it out in accomplishing marketing and overall business goals.
Theme 23:Ways by which your company can take competitive advantages with the help of social media? Interpretation:There are several ways by which companies can takecompetitive advantages by making an effective use of social media. In this open-ended question, It can be said that by identifying needs of different types and age group of people, company can increase number of followers and engage them. For this, company requires measuring traffic on its website and try to understand that what customers want in this regard. By providing attractive rewards to customers, company can grab their attention and influence them to buy products from their company only. It can also be said that company should keep themselves in contact with customers by providing post sale services.When customers get post sale services and if they feel that company is making efforts in engaging them then it increases their morale and make them feel valued. They are also more likely to retain with the company and support them in accomplishing their goals. Theme 24: What offers can help the company in attracting customers on social media for attracting them? Interpretation:In this open-ended question, it is identified that by providing products informations and increasing their knowledge regarding products and services, company can attract customers to the great extent. It can also be said that when customers have knowledge of products then they can take better buying decision otherwise it can decrease their morale. By providing discounts and other offers like vouchers, companies can attract customers. In this regards to, It can be said that discounts and other offers influence people to visit at-least once to company's website and other social media platforms which can increase traffic. People visit at-least once to companies website then they make buying decision if companies have attractive qualitative products. Overall, it can be said that there are several offers are available by which, companies or specially hotels can attract customers and can take competitive advantages.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
RECOMMENDATIONS On the basis of above study it can be said that social media is having some negative impacts on the performance of hotels and creating some barriers in the path of the success. On the basis of above study, it can be recommended to the company that it should make an effective use of its human resources who has knowledge that how to operate social media platforms and solve customers queries quickly. It has also been known that hotels do not give products and services information in detail by which customers face problems in identifying effectiveness of their services. It influences their buying decisions. So, it can be suggested to the company and hotels, that it requires focusing on posting attractive images and written articles about its products and services from which, customers can get all informations. It is also analysed that customers seek qualitative products at affordable prices while buying service via social media. They also consider some factors such as brand image of the company, prices of products, quality, reliability and in depth products knowledge. So, in this regards, it can be suggested that company should focus on all these factors and try to increase its brand image by following codes of ethics and becoming honest towards their customers. In addition, from the data analysis part, it is analysed that most of the employees of the company and people believe that editorial calendar plays an important role as with the help of this businesses or marketing manager control publication of contents. They also make an effective use of that data and make them publicly available in order to attract advertisers or customers. So, it can also be suggested that company should make an effective use of this calendar and create quality content which is the main key of the success. It is also analysed that, company do not have attractive and effective marketing strategy as well as financial sources which creates some problems in taking competitive advantages. So, it can be recommended to the company that it should focus on making an effective strategy and employ people with the help of social media. CONCLUSION From the above study, it has been summarized that, social media played a vital role because it helped companies specially hotels in promoting their goods and services. By making an effective use of social media or analysing positive and negative impacts of all
social media platforms, hotels has made themselves able to select the best one and attract customers to the great extent. From the above study, it has also been concluded that social media has some negative impacts as it is not beneficial for all age group of people because 45- 60 age group of people do not give importance to social media as well as online shopping. It has become the main reason of increased competition which puts pressure on companies to invest more in digital marketing. Small scale companies or hotels cannot make an effective use of social media due to lack of finance and human resources For expanding business with the help of social media, skilled staff also played a vital role as they have knowledge that how to operate all social media platforms, the way of measuring effectiveness, the way of controlling brand online, how to response customers' query immediately and in an efficient manner. Further, it this research study has also discussed importance of providing offers and discounts to customers as it helped companies in taking competitive advantages as well as making a strong position in the market. Customers consider several factors or elements while making plan of buying online products such as pricing, quality, reliability, brand image and all these factors helped an organization in attracting customers to the great extent (Lange and et.al., 2016). So, it has been analysed that by considering all these factors, hotels are taking competitive advantages and engaging with new and potential customers. In addition, it has also been summarized from the above study that, social media has several negative impacts on the performance of companies because companies do not meet customers directly or face to face, so, they find some difficulties in analysing or identifying human behaviours as what they want, their queries etc. There are several ways of solving all these problems and reducing negative impacts which social media has such as becoming active on social media 24*7 and responding customers' queries immediately. Providing discounts and offers to them, post sale services in order to make them feel valued and respected. Respected and valued customers are more likely to stay with the company and become more loyal which has direct impacts on the brand image. It has also been summarized that data collection and analysis process is the main key of the success of the research as it helped researcher or company in collecting relevant informations to the topic. All these informations which they gathered from sample, played a vital role as it has made them able to accomplish their main goal and solve the main research problem which is how to resolve negative impacts of social media in order to take competitive advantages. Some strategies and
ways of solving negative impacts which has been shown in this study include: providing vouchers,offersanddiscountstocustomers,havingskilledworkforcewhocansolve customers' queries, having enough sources of finance for investing in social media marketing for attracting customers and taking competitive advantages. It has also been summarized that literature review played a critic role in research development as it helped scholar in getting informations and analysing a topic in a critic manner in order to make the final decision efficiently. Literature review also give all answers of research questions which helped them out in solving the main research problem. REFLECTION From the above study, I learned so many things which increased my overall knowledge and I can say that this knowledge will help me out in my further research on the same topic as well as other topics as I came to know that how to conduct research by following steps in a sequence. From the above study I also came to know the importance of social media in all field. Social media is good for business purpose because with the help of social media and its platforms, companies contact with customers and promote their products as well as services. Social media does not only help them in connecting with customers but also support them in increasing their brand image. On the other hand, I also came to know that each coin has 2 sides as just like this social media also has some negative aspects which give several negative impacts on the performance and effectiveness of the company. By making use of social media for business expansion and other purpose, company forget to contact or engage with them face to face. Most of the people, specially the older do not prefer social media as they believe that social media does nor satisfy their needs to the great extent. They have some trust issues. I also learned the way of collecting data from sample or target people as sampling is an effective and critical task. There are different types of people who so not prefer to involve in the data collection process, they do not prefer to share their informations. But by conducting this research, I learned that how to influence people and how to make them able to take participate in the process of data collection. For making them influence and aware, ethics also plays an important role as it shows readers or reviewers about the loyalty and behaviour of researcher (Zu and et.al., 2017). Research methodology also plays an important role because it
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
consists of several steps on which basis or by following those steps, researcher complete and make the project successful. I also came to know that there are several platforms of social media which are being used by several sectors of organizations and one of the most used platform which is mainly being used by hospitality sector or hotels is Facebook and Twitter. It helps them out in attracting wider range of customers because with its help, companies do not only provide products and services but also solve their queries or give post sale services. By conducting research on the topic of social media, I also learned that how discounts, offers, written articles play a vital role because it is the main thing which attract and grab attention of customers towards company's website and its products. Social media is one of the main factor which is increasing competition and also is the one by which companies can take competitive advantages. So, I can say that social media has critic impacts on the performance and business growth of hotels.
REFERENCES Books and journals Abdalla, M.M. and et.al., 2018. Quality in qualitative organizational research: Types of triangulation as a methodological alternative. Administração: Ensino e Pesquisa. 19(1). Allcott, H., Gentzkow, M. and Yu, C., 2019. Trends in the diffusion of misinformation on social media. Research & Politics. 6(2). p.2053168019848554. Candi, M. and et.al., 2018. Social strategy to gain knowledge for innovation.British Journal of Management. 29(4). pp.731-749. Dinçer, M.Z. and Alrawadieh, Z., 2017. Negative word of mouse in the hotel industry: A content analysis of online reviews on luxury hotels in Jordan.Journal of Hospitality Marketing & Management.26(8). pp.785-804. Fischer, D. and et.al., 2017. Mindfulness and sustainable consumption: A systematic literature review of research approaches and findings. Journal of Cleaner Production. 162. pp.544-558. Fuchs, C., 2017. Social media: A critical introduction. Sage. Guesalaga,R.,2016.Theuseofsocialmediainsales:Individualandorganizational antecedents,andtheroleofcustomerengagementinsocialmedia.Industrial Marketing Management. 54. pp.71-79. Leavy, P., 2017. Research design: Quantitative, qualitative, mixed methods, arts-based, and community-based participatory research approaches. Guilford Publications. Minaya, G., 2016. Relevant ethical consideration in research with indigenous people in Peru. Journal of community genetics. 7(2). pp.175-176. Quinlan, C. and et.al., 2019. Business research methods. South Western Cengage. Raj, D. and Alexander, P., 2018. How social media can be marketed effectively by Sustain Energy Solutions to gain a competitive advantage. Sajid, S.I., 2016. Social media and its role in marketing. Stone, H., 2017.THE IMPACTS OF SOCIAL MEDIA ON THE HOTEL INDUSTRY: A
COMPARATIVE STUDY BETWEEN THE PARK PLAZA CARDIFF AND THE VALE RESORT(Doctoral dissertation, Cardiff Metropolitan University). Verma, M. and Verma, K., 2017. Social Media a Promotional Tool: Hotel Industry.Journal of Advances In Humanities.5(1). pp.221-223. Wu, C.Y. and et.al., 2017. Sampling matters in deep embedding learning. InProceedings of the IEEE International Conference on Computer Vision(pp. 2840-2848). Yahia, I.B., Al-Neama, N. and Kerbache, L., 2018. Investigating the drivers for social commerce in social media platforms: Importance of trust, social support and the platform perceived usage. Journal of Retailing and Consumer Services. 41. pp.11-19. Yeakley, D.D. and Caballero, A.M., Hand Held Products Inc, 2016. Data collection system having reconfigurable data collection terminal. U.S. Patent 9,256,772. Lange, D.B. and et.al., Microsoft Technology Licensing LLC, 2016.Social media impact assessment. U.S. Patent 9,294,576. Zu,N.andet.al.,2017.Areviewofsocialmediaineducation:effectsand attitudes.International Journal of Social Media and Interactive Learning Shareef, M.A. and et.al., 2019. Social media marketing: Comparative effect of advertisement sources.Journal of Retailing and Consumer Services,46, pp.58-69. Larsson, A.O., 2018. “I Shared the News Today, oh Boy” News provision and interaction on Facebook.Journalism studies,19(1), pp.43-61. He, W. and et.al., 2017. Application of social media analytics: a case of analyzing online hotel reviews.Online Information Review. Gil-Soto, E. and et.al., 2019. Hotel guests’ perceptions of environmental friendly practices in social media.International Journal of Hospitality Management,78, pp.59-67. Ryen, A., 2016. Research ethics and qualitative research.Qualitative research,3, pp.31-48. Online 2019SocialMediaIndustryBenchmarkReport.2019.[Online].Availablethrough< https://www.rivaliq.com/blog/2019-social-media-benchmark-report/> Environments.5(3). pp.191-200
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
APPENDIX Tame Table Activity2 days 5. days 3 day s 2 day s 2 day s 3 day s 3 day s 8 day s 7 day s 2 days Identify research topic Reviewof Literature Drafting Methodologi es Complete Proposal Designing questionnair e Collectionof data Analyzing dataand interpretatio n
Discussion and Conclusion Submission Questionnaire 1. Which social media platform is mainly used by your hotel for promoting services? 2. What are some importance of social media for your business? 3. What are some problems you face in using social media platforms for business? 4. Accordingtoyouwhatisthemosteffectivemarketingstrategyforyour business expansion? 5. Do you agree that social media helps hotels in promoting services? 6. How does your company control of brand online via social media? 7. How do your company increase followers or subscribers? 8. Does editorial calendar help you in creating quality content? 9. What is the main factor which create barriers in social media marketing? 10. Which is the most important factor which engage consumers the most? 11. What is the most used and preferable source of booking by customers?
12. Do you think that social media can allow your company to take competitive advantages? 13. Do you believe that leadership and effective management play an important role in supporting company to take competitive advantage via social media? 14. What is the main success which your company made with the help of social media? 15. Did your company make an effective use of social media in employing people? 16. Has your company fallen victim to the hackers? 17. Does differentculturesand people from differentcountriesaffectyour company's performance via social media? 18. Do you agree that by using tools to schedule and automate posts, your company can make itself beneficial? 19. According to you, which tool to automate posts will be beneficial for your company? 20. Are your social media marketing goals integrated with the main or overall goal of the company? 21. Who is your main target for social media marketing and business growth? 22. What will you recommend to company regarding strategies to improve social media marketing strategy? …....... 23. According to you how your company can take competitive advantages with the help of social media? ..............
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
24. According to you what offers you want to offer to customers on social media for attracting them?