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A study of Waitrose advertising impact on their customers

   

Added on  2023-01-09

37 Pages8100 Words82 Views
The Business Project

Table of Contents
INTRODUCTION...........................................................................................................................3
LITERATURE REVIEW ...............................................................................................................5
Factors that affect customers buying behaviour..........................................................................5
Ways by which Waitrose can increase awareness about the business among customers ..........6
Relationship between advertisement and customer awareness ..................................................8
RESEARCH METHODOLOGY.....................................................................................................9
DATA ANALYSIS........................................................................................................................13
CONCLUSION..............................................................................................................................24
RECOMMENDATION.................................................................................................................25
REFERENCES..............................................................................................................................28

Title: “A study of Waitrose advertising impact on their customers”
INTRODUCTION
Advertisement is considered as an important way of interaction that is used by company
to encourage their customers for making buying decision towards the products and services.
Basically, it plays an essential role for company to increase their success at wider or competitive
place. This concept is beneficial for encouraging as well as influencing people in context of
specified products that company has offered in market. Along with this, advertisement is also
helps company in creating awareness in people towards the brand and at the same time also
support them to buy certain products. By this, buyer can perceive the quality of products with the
help of acquiring information which they normally get through company advertisement. This is
the reason that, it is one of the important responsibility of business organisation to implement an
appropriate advertisement strategy so that they can easily change customers perception, increase
demand towards offering, create awareness and many more (Ismagilova and et. al., 2020). With
the assistance of this, company can attain competitive advantage from its competitors by
developing their strong customer base. Current research is focus on Waitrose; it is a British
supermarket running their business across the world with the aim of accomplishing their
competitive image. It is located in Bracknell and Victoria, England and serve groceries products
to large number of customers. Company also advertise their products in market place in order to
create awareness and also influence people to buy its products. This can be beneficial in
increasing profitability level and chances of attaining competitive edge.
Research aim
To analyse the impact of advertisement of company on customer’s purchasing behaviour.
A study on Waitrose”
Research objectives
To determine the factors that impact customer’s buying behaviour.
To explore the ways by which Waitrose can increase awareness about their business
among customers.
To identify the relationship between advertisement and customer’s awareness.
Research questions
What are the factors that impact customers purchasing behaviour?

What are the ways by which Waitrose can increase awareness about their business among
customers?
What is the relationship between advertisement and customer’s awareness?
Research hypothesis
H1: Psychological factor is the major factor that effect customer’s buying behaviour.
H2: Advertisement channel used for collecting information about the products of
Waitrose are same for males and females
H3: There is a significant relationship between importance of advertisement and impact
of advertisement.
Rationale of the research
The main reason behind undertaking current research is to examine or explore the impact
of advertisement over the customers of the company. This study provides vast information to
investigator that support them in determining the ways to reach all the set objectives in a detailed
manner. By carrying out this study, researcher will also enhance their skills and knowledge
towards the specified topic (Aragoncillo and Orus, 2018). This may support in developing their
career growth and at the same time will also be able to take necessary decision to draw a logical
determination within the research. Apart from this, it is also beneficial for business organisation
to understand how advertisement contributes in attracting more and more customers towards its
services. It also supports in enhancing the productivity of business at market.
LITERATURE REVIEW
Factors that affect customers buying behaviour
According to Lee, (2019), Consumer’s buying behaviour is one of the crucial concept in
which action is taken by consumers before purchasing any kind of products and services. As it
also considered as a study of group of people or organizational activities that is associated with
purchasing process, use of products, customer’s emotion and their attitude that affect the buying
behaviour of customers. Therefore, it is crucial for business to effectively analyse buying action
of customers before serving products, as it helps in providing them quality products as per their
demands. This will immediately assist in enhancing benefit of firm at market. A variety of
factors impact the purchasing attitude of consumers because it attempts to understand the
decision making of buyers. At the time of purchasing the products, consumers find out the

commodities that they would like to use, they select only those products that is more usable.
After selecting the commodities, buyer makes an estimate of the available money which they can
spend on purchase those selected goods. Lastly, the customers also analyse the prevailing cost of
the products and take the final judgement towards the products that they should consume. In this
context, various factors are there that directly impact the purchasing action of customers. This is
the reason that company needs to analyse the same factors before offering their products to
consumers:
(Source: Factors Influencing Consumer Behaviour, 2020)
Physiological factors - These are known as the different elements related to the
psychology associated with the buying behaviour of customer. Different psychological factors
that are affecting buying behaviour of Waitrose are learning, attitude, motives and perception.
When customers buy any product from Waitrose and if it is of good quality then people will buy
these products again (Rayne, Leckie and McDonald, 2020). On the other hand, if a consumer buy
various products and these are not of good quality, then it creates bad impression of company in
front of customers.
Social factors - These include family, reference groups, social status, etc. While buying
products from a brand, such factors and elements affect mind-set of customers while purchasing
products. Waitrose is an organisation which provides products as per the social factors.

Reference group are small group of people that includes club members, friends, family members,
etc. A person is affected by the group in which he or she resides, this affects the buying
behaviour of that customer towards the product.
Cultural factors - Culture is defined as religion, race, moral values of a customer. It is
important that customers are providing quality products that are related with cultural values and
ethics. These consists of managing effective working of the company by providing products to
the customer according to the culture which is followed. Each and every culture consists of
different constraints, that affects Waitrose.
Personal factors - The personal factors involved with Waitrose customers are age,
income, occupation and lifestyle. These are essential while selling products of Waitrose. In
context of supermarket chain, people of different ages are customers and hence, this company
has to keep all products updated. Income, on the other hand, has an ability for influencing buying
behaviour of customer. When the person is having high disposable income then there are various
opportunities with customer for providing high quality product to customers. Occupation of the
consumer also affects their buying behaviour. In context of Waitrose, it is seen that people of
various occupation can purchase products from this supermarket as it is offering huge variety of
products. Lifestyle of a customer also affects the attitude of consumer towards buying products
of Waitrose.
Economic factors – These are also essential factors that affects buying behaviour of
customer. A person buys products of Waitrose and it depends upon economic situation of a
country. When the nation in which company is operating is successful and have high value
economy, the company has potential to earn more. Here, purchasing power of consumer becomes
high. There are two types of income including personal and family income which is used for
buying different products and items of Waitrose. This company considers these factors before
selling the product within market. Income affects the buying behaviour as person has to pay for
the product which that has been bought.
Ways by which Waitrose can increase awareness about the business among customers
It is analysed from the views of Joshi, Sen and Kunte, (2020), Customer awareness is an
important factor for a company in order to maximise the efficiency to meet potential customers.
Brand awareness is an essential element used within the company for understanding, recalling
and becoming comfortable with the brand. When Waitrose is able to build brand awareness

among the customers, it is easy for this company to meet potential customers. There are different
ways that are used for managing the advertising and increasing customer awareness. Some of
these are mentioned below - Using native advertising - This is an essential factor that is used for enhancing brand
awareness and increasing the customer base. Waitrose can advertise its goods by
advertisements and manage the promotion of products. Social media advertising – The social media advertising is involved in promoting the
commodities and goods of company via social media platform. This means promoting the
products on Twitter, Facebook, Pinterest, etc. The social media advertising is defined as
an offshot for digital media and there are various campaigns which a company can run on
social media. Positive word of mouth - This is defined as the way by which consumers who are using
the product or service provide feedback to other people about quality of product. This
means that people who have experienced the service of Waitrose are giving positive
comments for the service (Hong Van and et. al., 2020). There are different supermarkets
present within market but Waitrose is famous for providing products at comparatively
lower rate. Company website – A company overview campaign in which there are elementary details
of ad campaign. The main objective of this is to increase brand awareness and efficiency.
Social media following can also be increased by using different social media websites
and promoting products and services over there.
Campaign creatives – These are known as ad copies as well as visuals that are used for
promoting product and service offered by the company. The creative campaign is used
for reaching potential customers and increasing market share. There are different social
media platforms which are used for promoting the services and products by putting ads
on Twitter, Facebook, Snapchat, etc. Waitrose uses these in order to know what are the
various ways by which it is easy to meet potential clients. Facebook audience targeting is
helpful for the organisation as it allows for targeting users on the basis of age, geography,
interests, profession, etc.

Relationship between advertisement and customer awareness
From the viewpoint of Ramandeep and Bala, (2020), it is concluded that advertising is
helpful for making consumers aware regarding the product of company. When the advertising of
product increases then consumers will have to choose the advertised product when they are
thinking for buying a new product. When the advertising is successful, then it is easy to reach the
products in an effective manner. Advertising is helpful for managing various campaigns for
increasing the customer awareness about the product of Waitrose. It is very important for a
company that they are building awareness as well as preference by using the method of
advertising. When people are making choices for buying a product in Waitrose, then they
compare products of company with another brand. The product should be able to manage the set
of choices that are involved in setting the right choices for a product. The awareness and
preference about the product of an organisation depends upon frequency of advertising. Any
company is able to manage the advertising of product if it is able to manage the functioning
effectively (Adwan, 2020). Advertising is done by the company for increasing product awareness
and manage other methods that can be used by consumers to increase product awareness.
Consumers of Waitrose collects and share information and data. This is done by searching and

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