Impact of CRM on Consumer Satisfaction at Hilton Hotel
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This study critically analyzes the impact of Customer Relationship Management (CRM) on client satisfaction at Hilton hotel. It discusses the process of CRM in Hilton hotel, the link between CRM and consumer satisfaction, and recommends CRM strategies for improving customer satisfaction at Hilton.
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TO CRITICALLY ANALYZE THE IMPACT OF CRM (CUSTOMER REL ATIONSHIP MANAGEMENT) ON CONSUMER SATISFACTION AT HILTON HOTEL (TASK 4)
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INTRODUCTION The present study is based on understanding the impact of Customer Relationship Management (CRM) on client satisfaction at Hilton hotel. There are many factors because of which researcher thought of selecting this topic and in investigating it. Hence, these factors along with applied research methodology will also be discussed.
RESEARCH PROJECT OUTLINE Aim: “To critically analyse the impact of CRM (Customer Relationship Management) on consumer satisfaction at Hilton Hotel.” Objectives: •To understand the process of CRM in Hilton hotel. •To identify link between CRM and consumer satisfaction. •To identify the level of consumer satisfaction in Hilton. •To recommend CRM strategies for improving customer satisfaction at Hilton.
CONT…. Research question: 1.What is the process of CRM in Hilton hotel? 2.What is the link between CRM and consumer satisfaction? 3.What different CRM strategies can be applied by Hilton hotel for improving the level of customer satisfaction?
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APPROPRIATE PLAN AND PROCESS FOR THE AGREED RESEARCH SPECIFICATION Research design: Descriptive Types of the research: Both qualitative and quantitative research techniques Research philosophy: Positivism Research approach: Deductive Resources: Primary and secondary resources Sampling: Random number sampling method Data analysis: Thematic and statistical data analysis techniques
RESEARCH PLAN Activities/Duration in weeks12345678910 Determining the problem for research Developing proposal for research Formulation of aim and objectives Defining research purpose Literature review Choosing the best research methodology Analysis and collection of data Outcomes which has to be interpreted Research Conclusion Report submission Making changes according to feedback Report resubmission
THEME 1:CRM OF HILTON HOTEL IS NOT HELPFUL IN UNDERSTANDING NEEDS AND REQUIREMENTS OF CUSTOMERS. 3. Is CRM of Hilton hotel helpful in understanding your needs and requirements? Freque ncy Yes6 No14 YesNo 0 2 4 6 8 10 12 14 16 3. Is CRM of Hilton hotel helpful in understanding your needs and requirements?
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THEME 2: CRM SYSTEM OF HILTON HOTEL IS NOT EFFECTIVE FOR CUSTOMERS. 6. How much are you satisfied with the effectiveness of customer relationship management in Hilton hotel? Frequenc y Very Dissatisfied8 Dissatisfied7 Neutral1 Satisfied2 Very Satisfied2 6. How much are you satisfied with the effectiveness of customer relationship management in Hilton hotel? Very DissatisfiedDissatisfiedNeutral SatisfiedVery Satisfied
THEME 3: IMPORTANCE FEATURES WHICH ARE REQUIRED IN AN EFFECTIVE CRM. Customer care facility Post purchase services Feedback option for purchased products and services Advertising and promotion of products and services using CRM Complain box 0 1 2 3 4 5 6 4. What is the most important feature of CRM for increasing your level of satisfaction? 4. What is the most important feature of CRM for increasing your level of satisfaction? Frequenc y Customer care facility4 Post purchase services3 Feedback option for purchased products and services5 Advertising and promotion of products and services using CRM4 Complain box4
THEME 4: ELECTRONIC- CUSTOMER RELATIONSHIP MANAGEMENT IS THE MOST SUITABLE CUSTOMER RELATIONSHIP MANAGEMENT FOR CUSTOMERS OF HILTON HOTEL. According to you, what is the most suitable customer relationship management which can be used in Hilton hotel? Freque ncy E-CRM(Electronic- customer relationship management)14 Traditional CRM system6 E-CRM(Electronic- customer relationship management) Traditional CRM system 0246810121416 According to you, what is the most suitable customer relationship management which can be used in Hilton hotel?
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CONCLUSION CRM system is one of the major requirements of increasing the level of customer satisfaction. Hilton hotel is using traditional system for developing customer relation which decreases the level of satisfaction in the respect of customers. CRM system has strong association with customer satisfaction. On the other hand, customized CRM plays an important role in satisfying the expectations of customers. Along with this, appropriate CRM can also be used by Hilton hotel for advertisement and marketing Overall, it declines the number of customers for the organization and reduces the overall sales and profitability. So, organization needs to improve its CRM system.
RECOMMENDATIONS: Organization should improve its Customer relationship management system as per the customer’s expectations CRM system must include different features such as feedback options, advertising and promotion, post purchase services, customers care facility as well as complain box. Hilton hotel should also focus on Electronic customer relationship management system
REFERENCES Books and Journals Bhattacharyya, K. D., 2009.Research Methodology. Excel Books India. Daniel, S. P. and Sam, G. A., 2011.Research Methodology. Gyan Publishing House. Fiegen, M. A., 2010. Systematic review of research methods: the case of business instruction.Reference Services Review. 38(3). pp.385–397. Flick, U., 2011.Introducing Research Methodology: A Beginner's Guide to Doing a Research Project. SAGE. Goddard, W. and Melville, S., 2004.Research Methodology: An Introduction. Juta and Company Ltd. Karkkainen, H., Jussila, J. and Janhonen, J., 2011. Managing customer information and knowledge with social media in business-to-business companies. InProceedings of the 11th International Conference on Knowledge Management and Knowledge Technologies.Pp. 17. ACM.
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