Impact of Brand Loyalty on Organizational Performance - A Case Study on Hilton Hotel
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Added on 2023/03/24
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This presentation analyzes the impact of brand loyalty on the organizational performance of Hilton Hotel. It explores the concept of brand loyalty, evaluates marketing strategies, determines customer perception, and provides recommendations for improving brand loyalty.
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Research Project (To analyzing impact of brand loyalty on the organizational performance- A case study on Hilton Hotel)
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Introduction Brand loyalty is a situation where a customer fears to buy another company’s product and services due to lack of trust.Eachandeverybusinessorganizationwantto develop such situation which can provide competitive advantage in the market.
Research objectives To understand the concept of brand loyalty in the context of Hilton hotel. To evaluate the marketing strategies of Hilton Hotel. To determine the customer perception on the Hilton Hotel. Tobuildrelationwiththebrandloyaltyandbusiness performance of the company. To provide recommendation improve brand loyalty
Data analysis In this report thematic analysis will be used in order to construct a report in an effective manner.
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Theme 1 Customer frequency on Hilton Hotel visit. YesNo 0 2 4 6 8 10 12 14 16 18 20 18 2
Theme 2 Customer point of view of key element of Brand loyalty. A) Customer satisfaction B) PriceC) RepurchaseD) Product qualityE) Any other 0 2 4 6 8 10 12 10 3322
Theme 3 Customer time frequency of Hilton Hotel visit. 410 2 4 A) NoneB) One timeC) two timeD) More than two times
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Theme 4 Customer perception on Hilton Hotel promotional mix. A) ProductB) PriceC) PlaceD) Promotion 0 2 4 6 8 10 12 14 12 6 11
Theme 5 Customer opinion on to switch the Hilton Hotel. YesNo 0 2 4 6 8 10 12 14 16 14 6
Theme 6 Major competitors of Hilton Hotel in the customer point of view. 8 6 4 2 A) Marriott InternationalB) Starwood Hotels and Resorts C) Accor HotelsD) Any Other
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Recommendation HiltonHotelrequiretocreateaneffectivecustomer relationship approach by using various social media tools such as Facebook, Instagram, You Tube, etc. Cited firm also need to communicate with their customers and tries to identify their changing needs so that they can design their products accordingly.
References Luo, N., Zhang, M. and Liu, W., 2015. The effects of value co-creation practices on building harmonious brand community and achieving brand loyalty on social media in China. Computers in Human Behavior. 48. pp.492-499. Bergkvist, L. and Bech-Larsen, T., 2010. Two studies of consequences and actionable antecedents of brand love. Journal of brand management. 17(7). pp.504-518.