BUSINESS RESEARCH PROJECT2 Abstract The primary aim of this study is to evaluate the role of social media on customer relationship in the UK fast food sector. The introduction, literature review, research methodology, data analysis and findings, and conclusion and recommendation is discussed in this study.The introduction section could be effective in collecting information about the concepts and meaning of the research background. This section is also effective in gaining the knowledge about research objectives and scope of the study as it will be effective for completing the study. The literature review demonstrated that thetechnology is being an imperative part of the business due to eliminating the probability of failure from the business operation by making easily process of business through customer relations. The literature review could also supported that there is positive relationship between the digital technology and customer relationship. In the literature review section, different strategies has been discussed namedcustomer service tool,E-mail method, communication tool, andtraining and development method.In this study, the research scholar is practiced deductive approach for evaluating the data by considering the research hypothesis. In this study, the mixed research design is practiced by the investigator as it supports to get the conceptual and numerical information about the research issues. The secondary and primary data collection also be practiced as they also is supportive in getting the non-factual and factual data by available and first handed data sources. This process will consider statistical information and non-statistical data analysis method for evaluating conceptual and statistical data about the current research matter. The researcher has selected 50 employees to conduct this study and make favourable decision in the context of the current matter. Further, the researcher uses ethical norms for conducting the study in a systematic manner. In this process, SPSS and Ms- Excel software are practiced by the researcher to evaluate the data and meet the research aim. Moreover, the recommendation and conclusion section is imperative in summarizing the whole research as it is associated with the relationship between social media and customer relationship.
BUSINESS RESEARCH PROJECT3 Table of Contents Chapter 1: Introduction..........................................................................................................................4 Research title.....................................................................................................................................4 Research aim and objectives..............................................................................................................4 Research questions............................................................................................................................4 Research background.........................................................................................................................4 Research significance........................................................................................................................5 Chapter 2: Literature review..................................................................................................................6 Chapter 3: Research methodology.........................................................................................................9 Introduction.......................................................................................................................................9 Research approach.............................................................................................................................9 Research design.................................................................................................................................9 Data collection method......................................................................................................................9 Data analysis method.......................................................................................................................10 Sampling method.............................................................................................................................10 Ethical consideration.......................................................................................................................11 Research limitation..........................................................................................................................11 Survey through questionnaire..............................................................................................................11 A.Keep Customers Up to Date....................................................................................................13 B.Easier Questions and Feedback................................................................................................13 C.Effective Delivery....................................................................................................................13 D.Customer Service Management...............................................................................................13 E.Efficiency and Pricing.............................................................................................................13 F.All of the above.......................................................................................................................13 Chapter 4: Data Analysis and findings................................................................................................14 Chapter 5: Conclusion and recommendation.......................................................................................30 References...........................................................................................................................................31 Table 1:Gender...................................................................................................................................15 Table 2:Age........................................................................................................................................16 Table 3:Experience.............................................................................................................................16 Table 4:Use digital technology...........................................................................................................17 Table 5:Reason of using digital technology........................................................................................18 Table 6:How often you used digital tool.............................................................................................19 Table 7:Digital technology is benificial..............................................................................................20 Table 8:Disadvatges of using digital technology................................................................................21 Table 9:Effective marketing strategy..................................................................................................22
BUSINESS RESEARCH PROJECT4 Table 10:Digital technology is vital....................................................................................................23 Table 11:Customers retaion affect the business..................................................................................24 Table 12:Technology innovation........................................................................................................25 Table 13:activity completed by the digital technology.......................................................................26 Table 14:role of digital technology in customer relation....................................................................27 Table 15:Customer service technology...............................................................................................28 Chart 1:Gender...................................................................................................................................15 Chart 2:Age........................................................................................................................................16 Chart 3:Experience.............................................................................................................................17 Chart 4:Use digital technology...........................................................................................................17 Chart 5:Reason of using digital technology........................................................................................18 Chart 6:How often you used digital tool.............................................................................................19 Chart 7:Digital technology is benificial..............................................................................................20 Chart 8:Disadvatges of using digital technology................................................................................21 Chart 9:Effective marketing strategy..................................................................................................22 Chart 10:Digital technology is vital....................................................................................................23 Chart 11:Customers retaion affect the business..................................................................................24 Chart 12:Technology innovation........................................................................................................25 Chart 13:activity completed by the digital technology........................................................................26 Chart 14:role of digital technology in customer relation.....................................................................27 Chart 15:Customer service technology...............................................................................................28
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
BUSINESS RESEARCH PROJECT5 Chapter 1: Introduction Research title The Impact of Digital technology on customer relationship within the UK fast food sector. Research aim and objectives Aim of the study is to examine the impact of digital technology (social media sources) on making the customer relationship for the UK fast-food sector. To comprehend the conceptual information about the digital technology and customer relationship To address the impact of digital technology on customer relationship within the UK fast food sector To recommend the strategies for improving practices of digital technology in customer relationship within the UK fast food sector Research questions What is the meaning and concept of digital technology and customer relationship (Yes, I am going to look at their different meanings and concepts) What is the impact of digital technology on customer relationship within the UK fast food sector Whatarestrategiesusedforimprovingpracticesofdigitaltechnologyincustomer relationship within the UK fast food sector Research background In the current business era, it is essential for the organisation to improve their existing knowledge about digital technology to improve their relationship with consumers and retain them for the long- term. Moreover, it is stated that digital technology offers a way to the organisation for operating a business and sustain their business in the marketplace (Hair Jr, et al., 2015).The social media of digitalcommunicationcouldalsosupportanorganisationtodirectlycommunicatewiththeir consumers and get feedback on goods and services for increasing the satisfaction level of consumers (Fernie, 2014). The organisation could consider the training and development method to employee for gaining knowledge of them about the different sources of social media to make the reliable relationship with the consumers and attract them to have goods and services of UK fast food industry. The digital technology is an imperative way for operating business in an effective way(Aung and Chang, 2014). Research significance This study is effective for the researcher to increase their conceptual understanding about the digital technology as well as customer relationship. Further, it supports to improve knowledge of investigator towards the impact of digital technology on customer relationship within the UK fast food sector. This study is effective for evaluating the research concern, which will lead to easily solve the research matter. Lastly, it could be effective in obtaining the information about the strategies used 0by the
BUSINESS RESEARCH PROJECT6 company for improving practices of digital technology in customer relationship within the UK fast food sector.
BUSINESS RESEARCH PROJECT7 Chapter 2: Literature review Fernie and Sparks (2018)state that technology is a significant part of the firm as it assist to improving the whole process of business functions. It could increase probability of getting higher competitive benefits.In the 21st century, each organisation has used digital technology (social media sources) to operate the business and meet it's targeted in leats time and cost. Fernie and Sparks (2018)stated that social media is technology that enables to the firm for communicating with specified consumes and share the unique feature of their products and services. Along with this, organization could also demonstrates the customer’s value, which will lead to the organization for improving their overall business by enhancing the productivity of the firm. For illustration, an organisation has used digital technology as it would facilitate to increase the awareness of goods and services among consumers. This tool could also be effective in increasing the demand for particular goods and services. The digital technology could lead to the firm for boosting the financial performance of the firm in the least time by eliminating the risk of firm and In addition, modern technology like could lead to the firm for boosting the financial performance of the firm in the least time. Apart from this, Panagiotopoulos et al. (2015) examined that consumer relationship could play an imperative role in the failure and success of a particular business. Strong relation could support to build brand loyalty as well as increasing the business reputation because the poor consumer service could negatively impact on the image of a business. It could affect the overall performance of the organisation. Technical innovation could make an easy process of interaction between consumer and employees. It could lead to the firm for spreading awareness of goods and services among a large number of consumers and complete their organisational task. In contrast to this, Grant, (2016) stated that digital technology is being an integral part of each business due to supporting to make the decision about a specified organisational goal. The main reason of the application of computer-based technology in the business is to eliminate the manual process of business activity and make automotive process which could be supportive for saving time of the organization. A higher satisfaction level of consumers could make a diverse image of the firm among the consumers and supports to easily build a strong relationship with them. Lovelock and Patterson (2015)illustrated that good workforce do make customer relationship. It is because the consumer could be most imperative assets of an organisation as it leads to the firm for making higher competitive benefits. In the organisation, many employees have a positive perception of the organisation action, which could be effective for the firm for getting a favorable outcome. Role of digital technology on the customer relationship Boyland and Whalen (2015) stated that customer relations could lead to the success and failure of the organisation. The strong relationship could build loyalty as well as encourage the business tosustain their business in the marketplace. Moreover, the business could operate by the organisation by considering many policies as it could be associated with competitiveness. Further, digital technology
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
BUSINESS RESEARCH PROJECT8 could be imperative in keeping consumers by directly conversing with them and comprehend their needs and desires towards goods. It will lead to make business decision. In support of this, Kotler et al. (2015) stated that business owners could use different techniques of the digital technology to inform the consumers towards new goods, which might increase the interest of them to purchase goods and services. The business owners could use digital technology for building the customer’s relationship and increase the profitability of a firm. Social media could increase the ability of a firm to sustain their business in the marketplace. Moreover, the digital technology could attract huge number of consumers in same time and facilitates to share their message among them in one time that would be effective for saving the time of promotion of the firm. This is a tool that assists the firm to improve its existing situation and make a different image in the marketplace without higher investment in the business activity. Crane and Matten (2016)argued that digital technology could support the firm to reach consumers in the least time and obtain a feasible result with respect to the impact of digital technology on customer relationship management. E-communication method is crucial as it offers fast and cheaper services for both parties’ organisation as well as consumers. In favor ofRoyle and Laing (2014)examined that the popularity of digital technology makes the easier procedure of business activity that saves as well as the time of the organisation. Moreover, the organisation uses this tool for increasing their competitiveness and capable to get higher benefits. Moreover, poor customer relationships could be possible due to the lack of innovative products and services in the working place.Royle and Laing (2014)stated that poor communication could decline theopportunityforeffectivelyconveythemessagetoothersandmakedecisionaboutthe organizational task. Yu Ramanathan and Nath (2014)examined that consumer relation management could be effective in satisfying a huge number of the consumer by products and services of the organisation. In addition, it is examined that business could use different tools and techniques for public relation, which would be effective in sustaining business in the market place for the upcoming period. The organisation could practice customer service management cultures and programs to track and evaluate data and collect consumer feedback to reach a reliable conclusion. The organisation has mainly used such sources to offer their services to deliver goods and services, which consumers desire to get and make a favorable decision. In support of this,Schwab (2017)stated that social media sources could offer a path to the organization to post content related to products and services among huge number of consumers. It will be effective for meeting the aim and objectives of the organizational task. There are different sources that might be affected by the firm to increase the awareness of company’s products and services named as Facebook, Instagram, Wtsapp, YouTube, twitter, and Gmail. These sources will be effective in getting the data towards the organizational products and services. Strategies
BUSINESS RESEARCH PROJECT9 Tansey and Worsley (2014)recommended an organisation should use different sources of social media tool like Facebook, Twitter, Google, and YouTube to aware consumer towards the goods and services by directly conversing with them. It can also be recommended that the organization should usesuchtoolstomakeaneffectiverelationshipwithconsumersandoperatetheirbusiness systematically. It can also be suggested that social media sourcescould make a connection between consumers and organisation and operate the business effectively. Apart from firm this, it is stated that E-mail method is a tool that assist to conversing the message to their employees towards the organizational task. It could be effective in increasing growth of firm. Moreover, it is evaluated that the communication with social media sources could facilitate to make direct relationship with others. The social media sources could offers an effective path for operating their business. The organization should needed to response on the each post of followers for making the positive relationship with them and shows that how much they are important for the organization. Orel and Kara (2014)recommended that an organisation should use training and development method and improve the skills of employees for making a reliable relationship with their consumers by considering the social media sources. This method could also use to teach employees towards the implicationofdigitaltechnologyandincreasingcustomersloyaltytowardsthebrandofthe organisation. It could also be effective in sustaining the image of the organisation and make higher competitive benefits.
BUSINESS RESEARCH PROJECT10 Chapter 3: Research methodology Introduction This research methodology enables the researcher to select a suitable method for conducting the research and get reliable information with respect to the selected research dilemma (Kandampully, Zhang, and Bilgihan, 2015).This section discusses different tools of the research methodology for collecting the information about the research issue like approach, research strategy, data collection, data analysis, sampling method, ethical consideration, and research limitation (Kandampully, Zhang, and Bilgihan, 2015). Research approach The research approach leads to select different tools like inductive and deductive approach (Carroll andBuchholtz,2014).Theinductiveapproachis practicedtogetconceptualinformationby considering available sources and support to develop theories about research matter. Apart from this, the deductive approach enables the firm to developing a hypothesis as per the required data. This method also enables the investigator for accepting and rejecting the research hypothesis.In this study, the researcher has as compared to the inductive approach due to evaluating the data by hypothesis. The main reason for selecting a deductive approach is that researcher desire to get the feasible information towards the research matter. This method could also support to accept the developed hypothesis and accomplish the aim of the study. The deductive approach is effective in getting accurate information about the current matter. The inductive approach will not be practiced by the researcher as it will assist to get theoretical information. Research design In this study, the researcher has used a mixed research design could be practiced by the researcher to get factual and non-statistical information about research matter.The mixed research design method facilitates to consider the survey through as well as literature review method to get the information and meet the aim and objectives the research matter. This design could consider both qualitative and quantitative method, which will lead to getting the advantages of both methods. The qualitative data will be collected by considering articles, books, articles, and online and offline sources. The quantitative method has been collected by entailing byconsidering the survey through questionnaire method. Consequently, the investigator will be capable to get a feasible outcome (Westerman, Bonnet, and McAfee, 2014). Data collection method The data collection method is effective to collect the feasible information about research matter as it could be possible by considering the certain methods named primary and secondary data collection method. The primary data is practiced for collecting first handed data from the selected sample size and meet the aim of the study. There is a certain method that is considered in the primary data collection method like survey through questionnaire method, observation, and interview method (Yusuf, et al., 2014).The secondary data is collected by entailing existing sources like academic
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
BUSINESS RESEARCH PROJECT11 sources, books, journals, and online and offline sources (Westerman, Bonnet, and McAfee, 2014).In this study, the researcher has practiced primary as well as secondary data collection method to meet their aim and objectives. The primary data is collected by the survey through questionnaire method as it enables to get factual information towards the research matter. It will be collected by first hand, which is more reliable and accurate as compared to the secondary data collection method. Apart from this, the secondary data collection method will be effective in getting conceptual information towards the research issues as it could be collected by considering content analysis method as it facilitates to conceptual information about the research matter (Bhamra and Lofthouse, 2016). Data analysis method The data analysis method is effective in evaluating collected data by considering different sources like statistical data analysis method, content analysis method, literature review method, and case study method. In this study, the researcher has practiced Statistical data analysis method and content analysis method can lead to examine the theoretical as well as conceptual data in a systematic manner. The quantitative data analysis method is effective in evaluating the factual information towards the research issue a sit could be possible by entailing the SPSS and Ms-Excel software. SPSS tool is effective in evaluating feasibility of the research outcome. Moreover, theoretical information is evaluated by considering the content analysis method as it would lead to getting reliable data about the research matter (Gaber and Wright, 2014). This method could be collected by getting the data form the different sources. Sampling method The sampling method is effective to determine a suitable samples for conducting the research and support to meet the research aim and objectives. There are two kinds of methods that are considered as sampling methods like probability and non-probability sampling method (Grayson and Hodges, 2017).In this study, a simple random probability sampling method has been used to evaluate collected information towards research matter. Besides this, it facilitates to the investigator to selection to collect feasible information about research issue (Belasco and Scranton, 2014).Moreover, the simple random probability sampling method could also provide an equal opportunity to the research candidates for being a part of the research. The non-probability sampling method is not practicedbytheresearcherbecauseitcreatesbiasesintheresearch(GraysonandHodges, 2017).There are different elements that are considered in the research like age, gender, education, sex, and region (Hudson, et al., 2015).The non-probability sampling method could be quite expensive and time-consuming as compared to the probability sampling method. In this study, research has selected 31 employees of a small restaurant to collect their responses with respect to the impact of digital technology on customer relationship. The sampling method is effective to comprehend the research concern in depth and make a favorable decision in the context of the current issue. The collected opinion of the small organisation employees is associated with the current research matter (Donnelly, et al., 2015).
BUSINESS RESEARCH PROJECT12 Ethical consideration Ethicalconsideration is effective in conducting research in a systematic manner. The ethical consideration facilitates to the investigator to conduct suitable behavior in the study. There are certainly ethical issues that could be associated with different ethical issues like data security, time of research conduct, and permission of the top management issue (Mellentin, and Heasman, 2014).For eliminating the ethical issue, an individual should use the university guidelines, no data manipulation, use of suitable referencing, suitable use of grammar, and ethical norms. It could be effective for reaching at the reliable conclusion. The researcher has considered ethical norms as its mandate to the investigator to use the code and conduct and remain the above issues as it facilitates to eliminate the probability of ethical issues systematically. The research scholar has also accountable for securing information of the research candidates as it leads to making the relationship between investigator and research candidates (Cao, and Li, 2015). Research limitation The research limitation could eliminate the probabilities of research outcome. There are certain factors that are considered in the research like time, cost, and resources. This study could require higher cost as it could mandate to the investigator for accomplishing the research at specified cost (Soosay and Hyland, 2015). Survey through questionnaire Demographic questions Characteristics about you and your work (please circle/complete) 1.What is your gender?(Please circle) A.Male B.Female 2.How old are you?(Please tick the box) Under 3232 – 4747 above 3.Please tick mark on experience that you have in the food industry? (Please tick the box) Under 2 years2 – 10 years10 years above Objective bases question Do you use digital technology? A.Yes B.No Why do you use digital technology? A.Browsing 1
BUSINESS RESEARCH PROJECT13 B.Chatting with friends 2 C.Connecting with people 3 D.Sharing content 4 E.Work/business 5 F.Advertisement 6 G.Promotion/Events 7 How often are you on digital technology? A.Several times a day B.At least once a day C.Less than once a month How often are you on digital technology for interacting with others? D.Several times a day E.At least once a day F.Less than once a month How does digital technology (social media)is beneficial to your business? A.Cost effective way of marketing your business B.Good for engaging with clients C.Good for building relationships with customer/others D.Useful for advertising E.Good for attracting new clients What are the disadvantages ofusing digital technology for making customer relationship? A.Time consumption B.Users are allowed to post negative content/spam C.Competitive D.Doesn't seem to boost my company's profile What are the most effective marketing strategies for businesses? A.Networking events B.Internet marketing C.Social media marketing D.Advertisement campaigns E.Directly reaching out to clients through email/phone calls F.Talking with potential clients on forums Do you agree thatinformation technology (IT) has become a vital and integral part of every business plan? H.Strongly Agree I.Agree J.Neutral
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
BUSINESS RESEARCH PROJECT14 K.Disagree L.Strongly disagree Do you think that Customer relations play a key role in the success or failure of a business? A.Strongly Agree B.Agree C.Neutral D.Disagree E.Strongly disagree Do you think that technological innovations have made it easy for businesses to interact with customers, particularly for small businesses that may not have the funds for traditional marketing and advertising techniques? A.Yes B.No In your opinion, which one of the following activities will be completed by considering digital technology? A.Keep Customers Up to Date B.Easier Questions and Feedback C.Effective Delivery D.Customer Service Management E.Efficiency and Pricing F.All of the above In your opinion, which one is effective to improve the practices of digital technology in customer relation? A.Practicing Customer Service Technology B.Training and development activity C.All of the above Do you agree thatCustomer Service Technology is more effective as compared to another method? A.Yes B.No
BUSINESS RESEARCH PROJECT15 Chapter 4: Data Analysis and findings This section is effective for evaluating the collected data by considering the statistical method. The investigator has used the SPSS tool to evaluate the data and meet the aim and objectives of the research matter. This study will be conducted on 31 employees who are working in the food industry. Demographic questionnaire Thefollowingquestionnairewillsupporttocollectpersonalinformationabouttheresearch participants. The basic knowledge about name, gender, age, expertise could support to make the relationshipbetweentheinvestigatorandresearchparticipantsasitwouldaffecttheoverall performance of the organisation. Table1:Gender Gender Frequenc y PercentValid Percent Cumulative Percent Vali d Male1445.245.245.2 Femal e 1754.854.8100.0 Total31100.0100.0 Chart1:Gender
BUSINESS RESEARCH PROJECT16 From the above table, it can be found that the investigator has select both female as well as male for conducting this study. In this, 17 out of 31 were females while 14 were males. The main reason for selecting both male and female is to obtain a different view and opinion of the participants. Table2:Age Age Frequenc y PercentValid Percent Cumulative Percent Vali d Under 32 1548.448.448.4 32 – 471341.941.990.3 47 above 39.79.7100.0 Total31100.0100.0 Chart2:Age With respect to the above chart, it can be illustrated that the investigator has selected 32 to more than 47 years of employees for conducting this study. In this, 15 out of 31 respondents came in the age group of under 32. It is also stated that 41.9% came in the 32-47 age group and 9.7% were having more than 47 years old. Table3:Experience Experience
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
BUSINESS RESEARCH PROJECT17 Frequenc y PercentValid Percent Cumulative Percent Vali d Under2 years 1548.448.448.4 2 – 10 years1341.941.990.3 10years above 39.79.7100.0 Total31100.0100.0 Chart3:Experience In this, the investigator has selected 2 to 10 years of experienced people to conduct this study. In this, 15 out of 31 respondent have 2 to 10 year of experience in the food industry. Apart from this, it is also stated that 12 out of 31 research candidates have less than two years of experience. Table4:Use digital technology Use digital technology Frequenc y PercentValid Percent Cumulative Percent Vali d Yes3096.896.896.8 No13.23.2100.0 Tot al 31100.0100.0
BUSINESS RESEARCH PROJECT18 Chart4:Use digital technology With respect to the above table, it is found that 30 out of 31 research candidates seeks that they use the digital technology in their day to day activity for attracting the consumers while 1 out of 31 is not agreed with the same statement. Table5:Reason of using digital technology Reason of using digital technology Frequenc y PercentValid Percent Cumulative Percent Vali d Browsing825.825.825.8 Chatting with friends1135.535.561.3 Connectingwith people 26.56.567.7 Sharing content26.56.574.2 Work/business722.622.696.8 Advertisement13.23.2100.0 Total31100.0100.0 Chart5:Reason of using digital technology
BUSINESS RESEARCH PROJECT19 The above table and chart demonstrated that there are many reasons that might be caused of using digital technology namedBrowsing, Chatting with friends, Connecting with people, Sharing content, Work/business,Advertisement,and Promotion/Events.Itis found that11 outof35 research candidates seeks that research candidates use digital technology for chatting with friends as it could be effective for making a reliable relationship with the consumers. Table6:How often you used digital tool How often you used digital tool Frequenc y PercentValid Percent Cumulative Percent Vali d Several times a day2271.071.071.0 At least once a day722.622.693.5 Lessthanoncea month 26.56.5100.0 Total31100.0100.0 Chart6:How often you used digital tool
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
BUSINESS RESEARCH PROJECT20 Through the evaluated data, it is found that 22 out of 31 research candidates seeks that the research candidates use tool several times a day that could demonstrate that there are higher possibilities of easily interacting with consumers and make a reliable decision. Table7:Digital technology is benificial Digital technology is benificial Frequenc y PercentValid Percent Cumulative Percent Vali d Cost effective way of marketing 1341.941.941.9 Good for engaging with clients 1135.535.577.4 Goodforbuilding relationshipswith customer/others 516.116.193.5 Useful for advertising26.56.5100.0 Total31100.0100.0 Chart7:Digital technology is benificial
BUSINESS RESEARCH PROJECT21 From the analysis of the above chart, it is found that 13 out of 31 research candidates believe that digital technology is effective for marketing the business at less cost and time. While 11 out of 31 believed that digital technology leads to engage the consumers. Table8:Disadvantages of using digital technology Disadvantages of using digital technology Frequenc y PercentValid Percent Cumulative Percent Vali d Time consumption1341.941.941.9 Usersareallowedto postnegative content/spam 1238.738.780.6 Competitive412.912.993.5 Doesn't seem to boost my company's profile 26.56.5100.0 Total31100.0100.0 Chart8:Disadvatges of using digital technology
BUSINESS RESEARCH PROJECT22 With respect to the above table and chart, it is evaluated that there are certain factors that demonstrate that digital technology could be quite a negative impact on business performance. 13 out of 31 seeks that digital technology could be a time-consuming process as it would decline the opportunity of getting a positive outcome. Apart from this, it is found that 12 out of 3 seeks that users are allowed to post negative content/spam. Table9:Effective marketing strategy Effective marketing strategy Frequenc y PercentValid Percent Cumulative Percent Vali d Networking events1445.245.245.2 Internet marketing825.825.871.0 Social media marketing516.116.187.1 Advertisement campaigns 412.912.9100.0 Total31100.0100.0 Chart9:Effective marketing strategy
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
BUSINESS RESEARCH PROJECT23 The above table chart, it is evaluated that there are certain strategies for marketing and operating the business process. These are known asNetworking events, Internet marketing, social media marketing, and Advertisement campaigns. 14 out of 31 research candidates seeks that networking events could be an imperative marketing strategy for business performance. 5 out of 31 research participants believes that digital marketing could lead to the internet marketing of the business. Table10:Digital technology is vital Digital technology is vital Frequenc y PercentValid Percent Cumulative Percent Vali d Strongly Agree39.79.79.7 Agree1032.332.341.9 Neutral13.23.245.2 Disagree39.79.754.8 Strongly disagree 1445.245.2100.0 Total31100.0100.0 Chart10:Digital technology is vital
BUSINESS RESEARCH PROJECT24 With respect to the above table and chart, it is found that 24 out of 31 candidates seeks that information technology (IT) has become a vital and integral part of every business plan while 6 out of 3 disagreed with the same statement. Table11:Customers retaion affect the business Customers retaion affect the business Frequenc y PercentValid Percent Cumulative Percent Vali d Strongly Agree1651.651.651.6 Agree825.825.877.4 Neutral13.23.280.6 Disagree26.56.587.1 Strongly disagree 412.912.9100.0 Total31100.0100.0 Chart11:Customers retaion affect the business
BUSINESS RESEARCH PROJECT25 The above chart and table demonstrated that 26 out of 31 research candidates were believed that Customer relations play a key role in the success or failure of business while 5 out of 31 have disagreed with the same statement. Table12:Technology innovation Technology innovation Frequenc y PercentValid Percent Cumulative Percent Vali d Yes2787.187.187.1 No412.912.9100.0 Tot al 31100.0100.0 Chart12:Technology innovation
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
BUSINESS RESEARCH PROJECT26 As per the above table and chart, it is founded that 27 out of 31 research candidates seeks that technological innovation have made it easy for businesses to interact with customers, particularly for small businesses that may not have the funds for traditional marketing and advertising techniques while 4 out of 31 have disagreed with the same statement. Table13:activity completed by the digital technology activity completed by the digital technology Frequenc y PercentValid Percent Cumulative Percent Vali d Keep Customers Up to Date 1135.535.535.5 EasierQuestionsand Feedback 619.419.454.8 Effective Delivery619.419.474.2 CustomerService Management 39.79.783.9 Efficiency and Pricing26.56.590.3 All of the above39.79.7100.0 Total31100.0100.0 Chart13:activity completed by the digital technology
BUSINESS RESEARCH PROJECT27 The above table and chart, it is addressed that 11 out of 31 research candidates seeks that the consumers could be retained by considering the digital technology. While remaining participants were not agreed with this statement. Table14:role of digital technology in customer relation role of digital technology in customer relation Frequenc y PercentValid Percent Cumulative Percent Vali d PracticingCustomer Service Technology 1961.361.361.3 Trainingand development activity 1032.332.393.5 All of the above26.56.5100.0 Total31100.0100.0 Chart14:role of digital technology in customer relation
BUSINESS RESEARCH PROJECT28 The above table demonstrates that 19 out of 31 research candidates seeks that Practicing Customer Service Technology is effective to improve the practices of digital technology in customer relation while 10 out of 31 research candidates have disagreed with the same statement. Table15:Customer service technology Customer service technology Frequenc y PercentValid Percent Cumulative Percent Vali d Yes2993.593.593.5 No26.56.5100.0 Tot al 31100.0100.0 Chart15:Customer service technology
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
BUSINESS RESEARCH PROJECT29 From the above table and chart, it is founded that 29 out of 31 candidates believed that Customer Service Technology is more effective as compared to another method while 2 out of 3 has disagreed with the same statement. Findings From the data analysis, it is found that most of the research candidates seek that theyuse digital technology. It is also found that most of the participants use the digital technology for conducting many activities namedBrowsing, Chatting with friends, Connecting with people, Sharing content, Work/business, Advertisement, and Promotion/Events. It also addressed that digital technology is used several times a day. These findings were supported by the view of, Fernie and Sparks (2018),as it is stated that digital tool is being important for the business as it offers an opportunity to operate the business systematically as it would also be effective in making the customer relationship. From the evaluation of data, it is examined that most of the participants believe that they usedigital technology (social media) for interacting with friends, family, and colleagues to solve any query. These findings were supported by the opinion of,Lovelock and Patterson (2015)as it is illustrated that effective tools and workforces could lead to higher satisfaction because the employees could be a crucial part of the business. With respect to the collected data, it is founded that social media marketing and intermarkting method is implied by digital technology as it could be worked aseffective marketing strategies for businesses. It is also founded that most of the candidates believed thatinformation technology (IT) has become a vital and integral part of every business plan. It is also illustrated that most of the participants believe thattechnologicalinnovationshavemadeiteasyforbusinessestointeractwithcustomers, particularly for small businesses that may not have the funds for traditional marketing and advertising
BUSINESS RESEARCH PROJECT30 techniques. It is also stated that most of the responses believe thatCustomer Service Technology is more effective as compared to another method. These findings weres supported by the view of Crane and Matten (2016)as it is stated that social media sources could be effective in reaching the consumers in the least cost and time by interacting them on the Facebook, google, instagrame, and YouTube page.
BUSINESS RESEARCH PROJECT31 Chapter 5: Conclusion and recommendation With respect to the above discussion, it can be summarized that most of the research candidates have used digital technology for operating their day-to-day activity. There are many activities that are performed by considering the digital technology namedBrowsing, Chatting with friends, Connecting with people, Sharing content, Work/business, Advertisement, and Promotion/Events. It can also be summarized that most of the consumers have used digital technology several times a day. It can also be concluded that digital technology could facilitate to the firm for promoting goods and services in the marketplace. It can also be summarized that the sources of social media (Facebook, twitter, Instagram, and Google) could be effective for engaging clients to increase the sale of products and services. In addition, it is also examined that the organisation could build a relationship with their consumers by entailing digital technology. It can also be summarized that digital technology provide a path for increasing the awareness of goods and services among huge number of consumers in same time. The digital tool could allow the organisation for posting anything on company websites, which could be negative as well as positive post. The negative post could negatively impact on the overall performances of the firm. It can also be summarized that certain factors that could affect to overall performance of the firm like lack of appropriate networking events, skills employees for internet marketing, lack of social media marketing tool,lack of advertising campaign,and effectivelyreaching out to clients through email/phone calls. It can be summarized that the organisation could use such marketing strategies in getting a positive responses in the favour of the organizational goal. It can also be illustrated that information technology (IT) has become a vital and integral part of every business plan, which is effective for the firm to obtain higher competitive benefits. It can be concluded that Customer relations play a key role in the success or failure of a business. This is a tool that assists to get a higher outcome. It can also be examined that technological innovations have made it easy for businesses to interact with customers, particularly for small businesses that may not have the funds for traditional marketing and advertising techniques. It can also be concluded that there are certain activities that are completed by the digital technology namedkeep customers up to date, easier questions and feedback, effective delivery, customer service management, and efficiency and pricing. It can be examined that digital technology could facilitate to conduct the training and development activities and support to meet the aim and objectives of the research issue. It can also be summarized that most of the participants seek thatcustomer service technologyis more effective as compared to another method. It can also be suggested that organisation should needed to trained their employees for propmply responding on the comments and pages of consuemers. The organization should make a page on Facebook, Twitter, Gmail, Instagram, and YouTube for communicating with others. It could support to the firm to comprehedn what a consumer think about the products and services of firm. Thus, it can be evaluated that the organization will got an opportunity to comprehend wekaness of the products
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
BUSINESS RESEARCH PROJECT32 and services and make cahnges accordingly. It can also be recommended that an organisation should focus on the negative post of an individual for declining the possibilities of negative circumstance. References Aung, M.M. and Chang, Y.S., 2014. Traceability in a food supply chain: Safety and quality perspectives.Food control,39, pp.172-184. Belasco, W. and Scranton, P., 2014.Food nations: selling taste in consumer societies. USA: Routledge. Bhamra,T.andLofthouse,V.,2016.Designforsustainability:apracticalapproach.USA: Routledge. Boyland, E.J. and Whalen, R., 2015. Food advertising to children and its effects on a diet: a review of recent prevalence and impact data.Pediatric diabetes,16(5), pp.331-337. Cao, L., and Li, L., 2015. The impact of cross-channel integration on retailers’ sales growth.Journal of Retailing,91(2), pp.198-216. Carroll, A. and Buchholtz, A., 2014.Business and Society: Ethics, sustainability, and stakeholder management. Nelson Education. Crane, A. and Matten, D., 2016.Business ethics: Managing corporate citizenship and sustainability in the age of globalization. Oxford University Press. Donnelly, C., Simmons, G., Armstrong, G. and Fearne, A., 2015. Digital loyalty card ‘big data and small business marketing: Formal versus informal or complementary?International Small Business Journal,33(4), pp.422-442. Fernie, J. and Sparks, L. eds., 2018.Logistics and retail management: emerging issues and new challenges in the retail supply chain. Kogan page publishers. Fernie, J., 2014. 02 Relationships in the supply chain.Logistics and retail management: Emerging issues and new challenges in the retail supply chain, p.35. Gaber, H.R., and Wright, L.T., 2014. Fast-food advertising in social media. A case study on Facebook in Egypt.Journal of Business and Retail Management Research,9(1), pp.52-63. Grant, R.M., 2016.Contemporary strategy analysis: Text and cases edition. John Wiley & Sons. Grayson, D. and Hodges, A., 2017.Corporate social opportunity: Seven steps to make corporate social responsibility work for your business. Routledge. Hair Jr, J.F., Wolfinbarger, M., Money, A.H., Samouel, P. and Page, M.J., 2015.Essentials of business research methods. Routledge. Hudson, S., Roth, M.S., Madden, T.J. and Hudson, R., 2015. The effects of social media on emotions, brandrelationshipquality,andwordofmouth:Anempiricalstudyofmusicfestival attendees.Tourism Management,47, pp.68-76. Kandampully, J., Zhang, T. and Bilgihan, A., 2015. Customer loyalty: a review and future directions with a special focus on the hospitality industry.International Journal of Contemporary Hospitality Management,27(3), pp.379-414.
BUSINESS RESEARCH PROJECT33 Kotler, P., Burton, S., Deans, K., Brown, L. and Armstrong, G., 2015.Marketing. Pearson Higher Education AU. Lovelock, C. and Patterson, P., 2015.Services marketing. Pearson Australia. Mellentin, J. and Heasman, M., 2014.The functional foods revolution: healthy people, healthy profits. Routledge. Mellentin, J. and Heasman, M., 2014.The functional foods revolution: healthy people, healthy profits. Routledge. Orel, F.D. and Kara, A., 2014. Supermarket self-checkout service quality, customer satisfaction, and loyalty:Empiricalevidencefromanemergingmarket.JournalofRetailingandConsumer Services,21(2), pp.118-129. Panagiotopoulos, P., Shan, L.C., Barnett, J., Regan, Á. and McConnon, Á., 2015. A framework of social media engagement: Case studies with food and consumer organisations in the UK and Ireland.International Journal of Information Management,35(4), pp.394-402. Royle, J. and Laing, A., 2014. The digital marketing skills gap: Developing a Digital Marketer Model for the communication industries.International Journal of Information Management,34(2), pp.65-73. Schwab, K., 2017.The fourth industrial revolution. Currency. Soosay, C.A., and Hyland, P., 2015. A decade of supply chain collaboration and directions for future research.Supply Chain Management: An International Journal,20(6), pp.613-630. Tansey, G. and Worsley, A., 2014.The food system. Routledge. Tsimonis, G. and Dimitriadis, S., 2014. Brand strategies in social media.Marketing Intelligence & Planning,32(3), pp.328-344. Westerman, G., Bonnet, D. and McAfee, A., 2014.Leading digital: Turning technology into business transformation. Harvard Business Press. Yu, W., Ramanathan, R. and Nath, P., 2014. The impacts of marketing and operations capabilities on financial performance in the UK retail sector: A resource-based perspective.Industrial Marketing Management,43(1), pp.25-31. Yusuf, Y.Y., Gunasekaran, A., Musa, A., Dauda, M., El-Berishy, N.M. and Cang, S., 2014. A relational study of supply chain agility, competitiveness and business performance in the oil and gas industry.International Journal of Production Economics,147, pp.531-543.