This presentation explores the different cultural, social, personal, and psychological factors that influence consumer behavior in the hospitality industry. It also discusses how consumer trends are changing due to the impact of digital technology. References are provided for further reading.
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Hospitality consumer behavior
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Introduction Different cultural, social, personal and psychological factors that influence consumer behaviour Consumer trends are changing due to the impact of digital technology References Table of contents
The consumer behavior is a term which is affiliated to human behaviour and utilized by it for generating an increase and offering efficaciousness of the goods and all their services offered. Basically it assists in maximizing the amount of sales of business concern in the company by specifically setting some goals and objectives. Introduction
Consumer behaviour can be defined as the as procedure of action, people and organisations which are affiliated to and are related with paying, disposal and utilisation of the goods and services that offers mental, emotional and social reaction of the consumers to the companywhich create effect uponthe qualities of the commodities and services of the company. Different cultural, social, personal and psychological factors that influence consumer behaviour
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Here are some of the diverse components which influence the target audiences and attitudes are explained as below : Personal factors- There are different component which are consist in the company like age, income, occupation, monetary circumstances, living standard and character etc. Psychological factor-It is the component which basically incorporate the behaviour of the individual. Cultural factor- It is the factor which maneuvers an important role in finding out as well as fulfilling the needs and wants of the consumers. Social factor- There are the factors which are segmented into reference team, family, occupation and position. Continue….
There have been various changes occurred in the technologyinrecenttimeasthisassistin modifying the manner of travelling, Now a days individuals can book the ticket with online mode and make cancellation as per the convenience. Consumer trend are changing due to impact of technology
There are some impacts which are defined and under: Digital innovation- With the help of digital technology, it has been integrate that digital technology is and essential aspect which devise great impact in modifying the face of travel and Tourism. Changing lifestyle of individual- As it has been clear that living standardof the people has been modified due to the maximisation in the income of them. This assist consumers for devising better determination for accomplishing goals and aims. Continue…
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Ghose, A. and Todri, V., 2015. Towards a digital attribution model: Measuring the impact of display advertising on online consumer behavior. Available at SSRN 2672090. Rana, J. and Paul, J., 2017. Consumer behavior and purchase intention for organic food: A review and research agenda. Journal of Retailing and Consumer Services. 38. pp.157-165. Daugherty, T., Hoffman, E. and Kennedy, K., 2016. Research in reverse: Ad testing using an inductive consumer neuroscience approach. Journal of Business Research. 69(8). pp.3168-3176. References