Table of Contents CHAPTER 1: INTRODUCTION....................................................................................................1 Overview of the Research...........................................................................................................1 Background of the Research.......................................................................................................1 Significance of the Study............................................................................................................2 Research Aim..............................................................................................................................2 Research Objectives....................................................................................................................3 Research Question.......................................................................................................................3 Time scale...................................................................................................................................3 CHAPTER 2: LITERATURE REVIEW.........................................................................................4 Introduction.................................................................................................................................4 2.1 Role of mobile applications to connect with people at marketplace....................................5 2.2Analyse importance of mobile applications in increasing productivity of Mr. John Watches.......................................................................................................................................6 2.3Assess the impact of using mobile applications in retaining loyal customers for longer period of time..............................................................................................................................7 CHAPTER 3: RESEARCH METHODOLOGY.............................................................................7 Types of Investigation.................................................................................................................7 Research philosophy...................................................................................................................8 Research approaches...................................................................................................................8 Research design...........................................................................................................................8 Data sampling..............................................................................................................................9 Data collection............................................................................................................................9 Ethical consideration...................................................................................................................9 CHAPTER 4: DATA ANALYSIS..................................................................................................9 CHAPTER 5: CONCLUSION AND RECOMMENDATION.....................................................19 Recommendations....................................................................................................................19 Conclusion.................................................................................................................................20
Title:To analyse importance of mobile applications and its effect on organization profitability and customer satisfaction. A case study on Mr John Watches. CHAPTER 1: INTRODUCTION Overview of the Research In today's scenario, mobile application play vital role in developing as well as enhancing overall performance of the company at market place. Along with this, each and every person use mobile or smartphones as a result they develop their knowledge as well. As number of companies are also trying to use mobile applications within the business activities with the purpose of enhancing the profitability level. In addition of this, small business and start-ups also use mobile device to run their activities effectively through which company can promote their products in front of customers (Beetham and Sharpe, 2013). The main purpose of every single business organization to expand their activities in various areas. As mobile application comes under digital technologies through which firm easily enhance their productivity. This will reduce cost and time which directly contribute in creating customers base. In context of Mr. John Watches, they also use mobile application through which they communicate with their target customers and provide them information of quality products. With the help of this firm can attain set goals an d objectives in an appropriate time frame. The main objective of this company is to expand their business activities in another countries with the purpose of attaining higher success at market as compare to its rivals. Background of the Research As small companies are play essential role in developing economic growth of the nation by providing quality services to local people. In this company also use mobile application to improve their performance. Today's modern time, every individuals use smartphones or mobile application in their daily life in which they make their activities simple and digital as well. Along with this, it is not an easy task to attain success in market so that firm have to make their activities smart and appropriate. By using mobile and digital technologies comp[any easily capture competitive place in marketby creating strong customer base. Mr. John Watches is famous watch company which operate their business at small scale but now they wants to use new and innovative technologies within their organization so that they can easily increase profitability (Benckendorff, Sheldon and Fesenmaier, 2014). As Mr. John Watches sell quality watchestocustomersbyunderstandingcustomersneedsandwants.Forattainingbetter 1
satisfaction of the customers firm may offer quality services to their customers as per affordable cost. This will improve company image and goodwill in market by capturing customers attention towards its watches. In addition of this, mobile application help firm to invite larger number of customers by providing information about products which may leads in developing competitive image in front of customers and competitors as well. Furthermore, implication of mobile application is more important for company to attract customers by producing quality product and services according to buyer taste and preferences. One of the main advantage of using mobile application is to cater customers demands in which they promote their watches in market to gain their attention. Significance of the Study It is one of the important part of whole research project as it helps in reducing the chances of arising issues. As the entire research is based on analysing importance of mobile application within the company. This will contribute in establishing positive brand image and at the same time also enhance the economic growth of the company. In present modern world, every person are highly depend on the mobile applications as they use this in every activities. With the help of this they make their life digital and comfortable as well (Bizirgianni and Dionysopoulou, 2013). Thus, Mr, John Watches also use various mobile application to connect with their target customers, through which they cover various areas to offer products. This will contribute in enhancing string customers base. Along with this, for attaining better success at market place, company should provide effective training and development programs to their workers so that they can easily understand how to implement mobile application within their business activities. By this, firm make their process more effective and also established positive brand image in competitive market. Research Aim This part is more important which refer to research statement of title. As it cover al the targets and goal of the study through which researcher can attain positive outcomes. Entire study is highly based on its aim as it contribute in drawing valid conclusion to develop the chances of attaining desirable results. Along with this, it is predetermined statement which aid in carry out the whole research in systematic way. In this, the main aim of this research is “To analyse importance of mobile applications and its effect on organization profitability and customer satisfaction”. A case study on Mr John Watches. 2
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Research Objectives It is one of the important part of research which is based on its objectives. The main aim of this research is to evaluate the impact of mobile applications which may helps in satisfy customers by providing them better services. With the help of this firm attain set target in an appropriate time frame (Brynjolfsson and McAfee, 2012). Along with this, it also helps in determining the issues and other elements which consider in whole research. As all the research objectives are as follows: To determine role of mobile applications to connect with people at marketplace. To analyse importance of mobile applications in increasing productivity of Mr. John Watches. To assess the impact of using mobile applications in retaining loyal customers for longer period of time. Research Question Under this part of research, researcher set some question as per aim in order to define the ways to enhance overall performance level of the company. For this researcher take views and opinion for various authors to addressing research question. This will helps in reducing the chances of arising any kind of issues and conflicts. As there are some research questions are as follows: What is role of mobile applications to connect with people at marketplace? How to analyse importance of mobile applications in increasing productivity of Mr. John Watches? How to assess the impact of using mobile applications in retaining loyal customers for longer period of time? Time scale 3
CHAPTER 2: LITERATURE REVIEW Introduction It is also an important part of research in which investigator allow to different authors to give their views and opinion with the purpose of determining the end results. With the helps of this, investigator easily take final decision in an appropriate way. In this, researcher use articles, newspapers, magazines, journals and many more to gather relevant data and information towards the research topic. As it directly helps in drawing valid conclusion in systematic way. 4
2.1 Role of mobile applications to connect with people at marketplace According toBrynjolfssonb and McAfee, (2014),mobile applications play significant role in developing performance level of the company at market place. For attaining success in market place, company have to use mobile technologies to connect with their target customers with the purpose of attaining better success in market place. If a company effectively use mobile applications then they effectively communicate with their customers and at the same time also understand their needs and wants. Along with this, Mr John Watches use various mobile application to sell quality products to customers and also attain their satisfaction level. As a result company enhance the chances of grabbing customers base within the company which directly contribute in attaining larger market share. In this, context there are some effective roles which my helps in connecting with their customers in order to influence them to consume company products and services. This will directly contribute in accomplishing positive brand image at market place.Provide values to target customers:Every business organization tries to provide values to their target customers as per their needs and demand which directly contribute in engaging customers. By this Mr. John Watches easily influence their consumers to buy company products. For attaining higher success, firm should increase interaction with customers. This with increase loyalty of customers within their organization.Builda strong brand image:One of the main advantage of using mobile applications within the business helps in increasing brand image. By this company promote their products and services in market place and at the same time also aware their customers towards the company services. This will contribute in establishing positive brand image at market place. With the help of this, company attain competitive place in market by retaining customers for longer period of time.Effective connection with customers:As mobile technologies are vital for company as they easily connect with their customers and provide them information about products. As per current scenario, every person use mobile and smartphones through which they easily connect with each others. By using mobile application Mr. John Watches improve their customers services which may build positive relation with their target customers. Boost profits:Mobile application may increase the customers satisfaction as company provide better experience of buying to its customers. This will helps in encouraging 5
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customers to buy company products and services. In context of Mr. John Watches, they easily boost up their profitability level at market place as compare to its rivals. This will aid in enhancing profitability and productivity level as well. It contribute in capturing larger market share form its rivals. 2.2Analyse importance of mobile applications in increasing productivity of Mr. John Watches As per the point of viewBuhalis and Foerste, (2015),in today's time mobile applications areessentialtocommunicatewithcustomersasperdailybasis.Thiswillenhancethe profitability level of the company at market place.As mobile application consider as vital key factors in overall success of the company in which firm easily connect with their target customers to provide better awareness towards the company products and services. Along with this, for attaining higher success, firm needs to develop effective ways to gain customers attention towards the company products and services. In this context, there are some importance of using mobile applications within the business to enhance profitability level at market place.Establish brand values:It is one of the important aspect in which Mr. John Watches establish their positive image by capturing customers attention. By this they easily provide quality watches to them with the aim of attaining their satisfaction level. This will directly contribute in establishing positive brand image at competitive market.Cater customers demands:Mobile applications play vital role in inviting large number of customers towards company products which may enhance customers attention. With the help of this company interact with them and tries to understand their needs and wants. With the help of this they provide them accordingly.Promote business and its products as well: Mobile application helps in promoting business products and services with the aim of increasing the chances of attaining competitive place in market. In context of Mr. John Watches also use Facebook, Twitter to promote their services in front of customers as it helps in developing positive brand image and at the same time also capture larger marker share from its rivals. Build better relation with customers:Under this, Mr. John Watches use various mobile application as to connect with their customers as they easily develop positive relation with their customers. This will helps in enhancing productivity level of the company at market place. 6
2.3 Assess the impact of using mobile applications in retaining loyal customers for longer period of time As per the point of viewCohen and et. al., (2014),for attaining higher success at market place, each and every company tries to implement the mobile applications within their regular activities as they easily enhance customers base within their organization. It directly contribute in establishing competitive image and at the same time also capture larger market share form its rivals. In context of Mr. John Watches, they use various mobile application such as Facebook, Twitter, Instagram and many more to promote their watches in front of customers with the purpose of grabbing their interest. By this they can serve their services accordingly. This will helps in retaining loyal customers for longer period of time. Along with this, they increase their positive relation with number of customers by this they easily accomplishing their positive brand image at market place and at the same time also cater customers demand. In addition of this, Mr. John Watches produce their watches as per customers perception which may contribute in retaining them. This will accomplishing positive image by capturing larger market place. In addition of this, by interacting with people also aid in encouraging them to consume company products to increase their probability level. CHAPTER 3: RESEARCH METHODOLOGY Research methodology is an important procedures and techniques to determining relevant information towards the research topic. In this section, the researcher allow to various authors to critically evaluate the study to minimize the end goals and objectives. It includes various methods and techniques to collect information with the purpose of establishing desirable target. Thus, it is important for investigator to use right methods for carry out the research for drawing valid conclusion. Types of Investigation As researcher use various type of method for collecting information. By gathering data and information, investigator easily complete the research and draw a valid results. In this context there are two type of methods such as qualitative and quantitative research. Both are appropriate and also helps in gathering data about the topic. Qualitative research refer to the quality of information to complete the study. On the other side, quantitative method is based on numerical term, figures to analyse the information in effective manner. For this research, investigator use qualitative method to carry out the study to attain positive outcomes. 7
Research philosophy It is one of the important part of whole research as it define the way and pattern which used by the researcher to carry out the study in systematic frame. Along with this, it includes effective method to collect data and information with the purpose of attaining positive outcomes. As it divided in two parts like interpretive and positivism. Both are appropriate as it leads in collecting relevant information. In this, investigator useinterpretive to collect as well as gather relevant information to attain positive end outcomes. Research approaches It is also an important part of research methodology which define various type of data to carry out entire research. With the help of this, investigator can easily find out right and appropriate outcomes in systematic way. As in this, there are four types of research approaches are as: Qualitative research approach:It is also an effective approach which evaluate fact of the study. It is based on analysing and recording data to accomplishing the positive results and outcomes in systematic way. With the help of this, investigator can easily draw a valid conclusion. Quantitativeresearchapproach:Thistypeofmethodisrelatewiththepositive paradigm in which researcher gather numerical data to established favourable results in an appropriate way. Pragmatic approach research:It is also an effective type of research which helps in executing entire activities of the study. Along with this, researcher can use any kind of method to draw a valid conclusion. Research design It is refer to the approach and method which define the pattern through which researcher carry out the study with the aim of attaining positive result. It define methods, objectives, cost, time and all the important method to effectively complete the whole research. With the help of this investigator determine favourable outcomes in an appropriate time frame. It divided in three parts such as exploratory, descriptive and experimental. In this research, investigator use descriptive research design which helps in determining the issues in order to find out valid solution. 8
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Data sampling This is also an important phase of whole research methodology in which investigator use number of individuals to carry out the research because it is not possible for investigator to include whole population to undertake an research. For this, there are various methods are there which used by the researcher like, probabilistic and non probabilistic. In this researcher select 40 respondents by using sampling method of non probabilistic. Data collection This part is one of the important from entire research methodology through which investigator collect as well as gather relevant information to carry out the study towards research topic. In this there are two type of methods such as primary and secondary both are appropriate to gather data towards the research topic. Primary method includes fresh and new data and information which contribute in drawing a valid conclusion. On the other side, secondary method includes books, journals, articles, newspapers ad many more to carry out the research with the purpose of attaining desirable goals and objectives. For this research both primary and secondary methods are used by the researcher. Ethical consideration At the time of carry out the research various issues and obstacles are faced by research thus, it is important for investigator to effectively carry out the research with the purpose of attaining positive results. Along with this, it is also important for investigator to make an effective ways to ask all the question effectively and also keep information of customers confidential. With the help of this researcher can easily complete all the task in appropriate manner and attain positive and favourable results. CHAPTER 4: DATA ANALYSIS 9
QUESTIONNAIRE Q1) Does mobile applications are effective for developing organisational profitability? a) Yes b) No Q2) What are importance of mobile application in business of Mr John Watches? a) Enhance accessibility b) Connect with customers c) Develop consumer loyalty Q3) What are measures adopted by Mr. John Watches as toretaining loyal customers? a) Discount b) High quality products c) Cost effective e) Good customer services Q4) What are different mobile applications to interact with consumers? a) Native application b) Web application c) Hybrid application Q5) What are various sources of internet or technologies are used by Mr. John Watches as to long run of business activities at market place? a) Web pages b) Mobile applications c) Online sites Q6) What are benefits of mobile applications for consumers? a) Easy transactions b) Time and cost saving c) Easy product comparison Q7) What is reason behind selecting of mobile applications by organisation? a) Easy connectivity b) Fast communication c) Customer satisfaction d) Availability of products 10
Q8) Does execution of mobile applications are helpful in giving long term advantages to Mr. John Watches? a) Yes b) No Q9)Doesmobileapplicationsdevelopmoreimpactoncustomersatisfactionand profitability of Mr. John Watches? a) Yes b) No Q10) Recommend some ways through which firms can satisfy its target and potential audiences. THEME 1: Mobile applications are effective for developing organisational profitability Q1) Does mobile applications are effective for developing organisational profitability? Frequency Yes25 No15 11 YesNo 0 5 10 15 20 25 Column B
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Interpretation:IN this modern era, mobile applications plays a necessary role in making business successful and increase productivity of firm in an effective or proper manner. There are 40 respondents selected to know about their opinions as well as view points. There are 25 respondents which said that mobile application are more useful and better in order to develop profit level of firm in significant way. On the other hand, there are 15 respondents which are not agree with this given statement. There is a requirement ofMr. John Watches to use some other methods or applications. THEME 2: Importance of mobile application Q2)Whatareimportanceofmobile applicationinbusinessofMr.John Watches? Frequency Enhance accessibility10 Connect with customers16 Develop consumer loyalty14 Interpretation:Mobile applications play a necessary role in to increase profit level of firm. There are many importance of mobile applications. On the basis of 10 respondents, mobile applications are helpful in increase accessibility. There are also 16 respondents and according to 12 Enhance accessibility Connect with customers Develop consumer loyalty
them mobile application is helpful in connect with large number of consumers in significant manner. 14 people said that through using mobile applications, loyalty of consumers will be enhanced and they will retain towards firm for long period of time. THEME 3: Measures adopted by Mr. John Watches Q3) What are measures adopted byMr. JohnWatchesastoretainingloyal customers? Frequency Discount8 High quality products10 Cost effective12 Good customer services6 Interpretation:IN order to retain consumers at workplace, there are many different measures which are adopted throughMr. John Watches. All measures are helpful in gaining advantage to firm. There are 8 respondents which said that discount is an effective measures from which consumers can be loyal towards company. The consumers attract towards better quality of foods 13 Discount High quality products Cost effective Good customer services 0 2 4 6 8 10 12 Column B
so 10 respondents said about high quality of services. On the basis of view point of 12 people, it is helpful in reducing cost. 6 respondents said that the measures which should adopted through Mr. John Watches is effective customer services. If customer services will be better thenthey will attract towards firm. THEME 4:Different mobile applications Q4) What aredifferent mobile applications to interact with consumers? Frequency Native application12 Web application18 Hybrid application10 Interpretation:At market place there are many different mobile applications which help of connect with people at market place in an effective or better manner. According to 12 respondents which said that native application is helpful in attract more consumers and through this, people can live an device and accessed by icons on home screen of device. On the basis of 18 respondents web application is more useful because through websites, consumers can know about the services and products which are offered through firm. On the other hand, 10 14 Native applicationWeb applicationHybrid application 0 2 4 6 8 10 12 14 16 18 20 Column B
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respondents are agreed with hybrid mobile applications. It is a part of native as well as web application. THEME 5: Various sources of internet or technologies Q5) What are various sources of internet or technologies are used by Mr. John Watches astolongrunofbusinessactivitiesat market place? Frequency Web pages12 Mobile applications15 Online sites13 Interpretation:As per the above graphical presentation it get analysed that there are several mobile technologies which can be acquired by business associations so as to get sustain for long run at market place. Online sources supports these firms to get high competitive edge. As per the viewpoint of 12 respondents, webpage is one of the important tool which could be acquired by Mr. John Watches whereas 15 says that mobile applications are the best tool to getting in touch with target audiences in a certain time period. Apart from this, remaining 12 15 Web pages Mobile applications Online sites
states that online websites helps companies to effectively run their working activities at marketplace for long run. THEME 6: Benefits of mobile applications Q6)Whatarebenefitsofmobile applications for consumers? Frequency Easy transactions11 Time and cost saving13 Easy product comparison16 Interpretation:In present scenario, mobile applications has become of the crucial tool of attracting customers towards a specific brand. It provides a great shopping experience to customers as they can easily buy any products or services of the company in a single click. According to the market survey it is assessed that 16 participants are saying mobile technologies help in comparison between two different products, whereas 13 people states that it is time and cost saving method because people can shop any time, any where and getting attractive offers. Whereas remaining 11 says that it makes easy online transactions for target audiences. 16 Easy transactions Time and cost saving Easy product comparison
THEME 7: Reason behind selecting of mobile applications Q7)Whatisreasonbehindselectingof mobile applications by organisation? Frequency Easy connectivity8 Fast communication11 Customer satisfaction14 Availability of products7 Interpretation:In order to accomplish their goals and objectives business associations, like – Mr. John watches has introduced its own mobile applications and websites so as to reach wide range of customers in a certain time period. The above graphical represents that the main reason behind choosing mobile technology is as it provides easy connectivity with the opinion of 8 customers whereas 11 says that makes faster communication with employees as well as customers of the company. Apart from this, acquisition of mobile technology supports to make products availability according to 7 participants whereas 14 states that it helps in obtaining higher customer satisfaction level. 17 Easy connectivity Fast communication Customer satisfaction Availability of products 0 2 4 6 8 10 12 14 Column B
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THEME 8: Mobile applications are helpful in giving long term advantages Q8) Does execution ofmobile applications are helpful in giving long term advantages to Mr. John Watches? Frequency Yes25 No15 Interpretation:Implementation of mobile technology supports in providing long term market growth and success to a business association. As per the market survey, it get evaluated that 25 customers are totally agreed with this statement because it built buyer's trust and faith towards a brand by generating brand awareness. Apart from this, 15 states that firms need to make further arrangements in order to run effectively for long run. THEME9:Mobileapplicationsdevelopmoreimpactoncustomersatisfactionand profitability Q9) Does mobile applications develop more impactoncustomersatisfactionand Frequency 18 YesNo 0 5 10 15 20 25 Column B
profitability of Mr. John Watches? Yes28 No12 Interpretation:Adoptionofmobiletechnologyhasavastimpactoncustomer satisfaction level as well as raising profitability of the company. By using such apps managers can easily interact with their target and potential customers and make them aware about future offerings of the company; it led to build strong brand recognition. The above mentioned diagram states that there are over 28 customers agreed with this statement whereas 12 states that firm also have to develop other strategies and policies to achieve higher customer satisfaction level. CHAPTER 5: CONCLUSION AND RECOMMENDATION Recommendations By assessing the overall information it is recommend to small business associations as they are required to implement new and innovative technology within working processes so as to improve the quality of services and gain high competitive edge. It is suggested to Mr. John Watches that they should conduct an effective marketing research so as to recognise needs and 19 YesNo 0 5 10 15 20 25 30 Column B
wants of customers and must tries to fulfil the same in an affective manner. Small business should execute maintain strong relations with customers so as to stay strong in the market and to pass on their ability as well as to expand its advantage. Apart from this, they should also focused on providing training and development assistance to employees as they can learn technical skills and implement the same while performing working activities and processes. In order to improve efficiency of employees and extend profitability small business can measure performance level of each individuals and give them rewards like compensation and pay benefits.Firms can also introduce their own applications so as to increase customers' accessibility towards products and services of the company. Apart from this, to increase market growth and viability, small business can improve efficiency of their services by making websites attractive and easy to access.For gaining high customer satisfaction level, entrepreneurs have to emphasised on expanding quality of their servicesandmakethemabletosatisfycustomers'desiresinthebestpossiblemanner. Management should also determine current market trends and hire a personnel who can handle all online marketing activities of the company so as to reach large group of customers in a certain time period. Conclusion From the above mentioned report, it get concluded that mobile technology or applications plays a crucial role in attaining growth and viability at marketplace. It supports small business to access products and services of the company and improve the credibility of their products and services. Along with this, the report has stated an overview of important of mobile technology or software for SMEs in respect of accomplishing their goals and objectives. The present research is conducted so as to determine that how mobile applications can satisfy needs and wants of customers in the best possible manner. Mr. John Watches is the consider small business for completion of this research study. Mobile technologies or software is a significant idea in which different components of computerized Innovations can be implemented. It is an effective technique in actualizing viable customer relationship as to accomplishing high development and growth through catching a wide region of market in this cutting edge business across the real rationale of firms. It also offers assortment of products and services which are useful in satisfying the essential wants of individuals in organisational context. Furthermore, digital transformation can gives different advantages to clients through making their transactions simple 20
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and agreeable over the globe. In the current aura, small businesses are focused on giving various web benefits as to building legitimate buyers relationship which make an incentive and create opportunity for them to gain high profit margins in a certain time period. Thus, it is fundamental for the mentioned business organisation to achieve its goals and objectives and improve market growth. 21
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