Analyzing Digital Technology's Impact on Travel Sector Consumers

Verified

Added on  2021/02/20

|21
|4569
|41
Report
AI Summary
This research project examines the impact of digital technology, particularly social media, on consumer decision-making within the travel and tourism sector, using Thomas Cook as a case study. The report begins with an introduction to digital technologies and their role in information dissemination, followed by the aim and objectives of the study, which include determining the concept of social media, analyzing its role in consumer decisions, examining influencing factors, and recommending marketing strategy improvements. A comprehensive literature review explores key themes such as the concept of social media, its role in consumer decision-making, factors affecting consumer decisions, and ways to enhance marketing strategies. The research methodology outlines qualitative research approach, inductive reasoning, descriptive research design, and probabilistic sampling with primary data collection through questionnaires from 30 consumers. The report also discusses data collection and analysis methods, including both quantitative and qualitative research approaches to provide a detailed analysis of the impact of digital technologies on consumer behavior in the travel sector.
Document Page
Research Project
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Table of Contents
TASK 1 ...........................................................................................................................................1
1.1 research project outline specification...................................................................................1
1.2 Factors contribute to procedure of research project selection...............................................2
1.3 Critical review of key references..........................................................................................2
1.4 Research project specification...............................................................................................3
1.5 Appropriate plan and procedure for the agreed research specification.................................5
..........................................................................................................................................................7
..........................................................................................................................................................8
TASK 2 ...........................................................................................................................................8
2.1 Resource efficiently to research question.............................................................................8
TASK 4 ...........................................................................................................................................9
REFERENCES .............................................................................................................................12
Document Page
Document Page
Title: Impact of digital technology on consumer decision-making in travel and tourism sector.
TASK 1
1.1 research project outline specification
Introduction
Digital technologies are electronic techniques, systems, devices and resources which
make, store or procedure information. There are many examples involve social media, online
games, mobile phones. Social media are interactional computer-mediated practical application
which assist the making and sharing of information, thoughts and career interest as well as other
kinds of aspects through virtual interaction and networks (Lee, Hutton and Shu, 2015). Social
media can be utilized by businesses, government, law enforcement and so on. This can aid to
increase the brand awareness in front of the consumers. Also, this can help to enhance the profits
and sales of company. The companies can utilize social media techniques for marketing research,
interaction, sales promotion, relationship development and loyalty programs. This research is
based on Thomas Cook. It is the British international travel organization. Group was made on 19
June 2007 through merger of Thomas Cook AG, itself the successor to Thomas Cook & Son as
well as My-travel Group Plc.
Aim and Objectives:
Aim:
“To analyse the impact of social media on consumer decision-making in travel and
tourism sector- A case study on Thomas Cook”
Objectives:
To determine the concept of social media.
To analyse the role of social media in consumer decision-making of Thomas Cook.
To examine the factors affecting decision-making of consumer of Thomas Cook.
To recommend the ways of improving the marketing strategy of Thomas Cook.
Literature Review:
According to that Guesalaga, (2016) Social media can become effective source of data
and statement of industry trends for company to grasp modification. Trends in social media
devices and utilization changes fast which creating it important for companies to have set of
guidance which can implement to different social media platforms. Firms are highly utilizing
1
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
social media observing techniques to monitor, path and evaluate online communication on the
web relating to their brands or goods. This can show effectiveness in management of public
relations and tracking ads campaign that enabling evaluate to assess return on investment for
their social media advertisement and public involvement.
1.2 Factors contribute to procedure of research project selection
Company have to create one of the largest judgement about the research project they will
be taken. There are various elements which required to be involved after proposal have been
received. Project selection is procedure to analyse each thought of the project and select the
largest priority project. Research procedure can not take place without research problem that is
involved as heart of procedure of investigation (Agnihotri and et.al., 2016). The variable can be
essential and be capable to be determined effectively and each problem of research can have
hypothesis. There are some factors needs to be involved in procedure of research such as people,
problems, phenomena and program. These factors are such as follows:
People: People are very important factors by which conducting the research procedures
and completing it as per time frame.
Problems: Also, there are many problems happen in procedure of research such as
allocation of resources, communication, quality and costs of project (Järvinen and
Karjaluoto, 2015).
Phenomena: There are many events investigate for selection of research procedures.
Programs: There are many programs are conducted for selection of procedure of
research.
1.3 Critical review of key references
According to that Wilden and Gudergan, (2015) Social media is very essential and broad
aspect that can utilized by each and every company which operated in travel and tourism sector
like Thomas Cook. With the social media, company easily connected with consumers and
identify their needs and wants of goods and services. Company are giving feedback while
utilizing their services in order to that firm needs to reply the all kinds of feedback and response
for building the relationship with them. This can aid to increase the brand awareness in front of
the consumers. Also, this can help to enhance the profits and sales of company.
2
Document Page
1.4 Research project specification
Research Title:
“To analyse the impact of social media on consumer decision-making in travel and
tourism sector- A case study on Thomas Cook”
Research Objectives:
To determine the concept of social media.
To analyse the role of social media in consumer decision-making of Thomas Cook.
To examine the factors affecting decision-making of consumer of Thomas Cook.
To recommend the ways of improving the marketing strategy of Thomas Cook.
Research Question:
What are the concept of social media?
What are the role of social media in consumer decision-making of Thomas Cook?
What are factors affecting decision-making of consumer of Thomas Cook? What are the ways of improving the marketing strategy of Thomas Cook?
Methodology:
Research methodologies are the most essential section of research as it directly associated
with executing the aims and objectives of study. With the help of research methodologies, it
become simple for investigator to gather for the aim taking accurate decisions. Research
methodologies involve approaches, design, philosophies, data collection, data analyse and ethical
consideration.
Research Types: The careful consideration of research relating to topic utilizing
scientific methods are known as research (Hernández-Méndez, Muñoz-Leiva and
Sánchez-Fernández, 2015). There are two kinds of research qualitative and quantitative.
Research will use the qualitative research which is based on observation, surveys.
Research Approach: It is the program and process for study which span the stages from
wider assumption to detailed methodologies of gathering, analysing and interpreting the
information. There are mainly two types of research approaches such as inductive and
deductive. Research will utilize in inductive approach which is based on generation of
new theory emerging from the information.
Research Design: It is described as the model of methods and techniques chosen by the
investigator in relation to combine various components of the research in logically and
3
Document Page
reasoning manner (Janakiraman, Syrdal and Freling, 2016). There are four types of
research design that are descriptive, correlation, experimental and semi-experimental.
Research will use the descriptive research design which scientific method includes
defining and observing the topic.
Sampling: It is very essential part when it comes to conduct the research on any subject
which refers to procedure of choosing small part of population. There are two kinds of
sampling which are probabilistic and non-probabilistic sampling. Investigator will utilize
probabilistic sampling in which simple random sampling technique for collect the
information. Researcher will collect the information from 30 consumers of Thomas
Cook.
Data Collection: It is the procedure of gathering info from all relevant sources in relation
to find answer to the research problems, test hypothesis and assess the outcome (Lee,
Hutton and Shu, 2015). There are two method of data collection which are primary and
secondary source. Research will utilize the primary sources which involves surveys,
questionnaire etc.
Data Analysis: When the information is collected it is needed to examine, clean and
mould the data because of info which are gathered are meaningless and useless without
proper analyse. Investigator has prepared tables, charts and graphs as well as interpret the
information in logical and systematic manner.
Methodology for data collection:
Quantitative Research: Research which utilizes numerical analyse is known as
quantitative research. This research method reduce the information into numbers (Fang and et.al.,
2016). There are different methods of gathering the information such as surveys in which utilize
closed ended question.
Qualitative Research: This kind of research is also called as field study that normally
includes fieldwork. Investigator find and records events and attitudes in their natural atmosphere.
There are various methods of collecting the information such as direct observation, participation
and focus group (Hernández-Méndez, Muñoz-Leiva and Sánchez-Fernández, 2015). In this
study, investigator will be utilized this kind of research for analyse the impact of social media in
decision-making of consumers within the firm.
4
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Primary Research:The research includes collecting information through surveys,
interviews, questionnaires which can aid to attain the result of the research. In this study,
researcher will use the questionnaire method for collecting the information from sample of
population.
Secondary Research: It is the procedure that includes gathering information from books,
articles, journals. It is the essentially approaching data that already been gathered and published
(Janakiraman, Syrdal and Freling, 2016).
LITERATURE REVIEW:
Theme 1: Concept of social media
According to that Lee, Hutton and Shu, (2015) Social media means to websites and apps
which are made to enable people to share content rapidly, efficiently and in real time. Many
people determine social media as applications on their smartphone or tablet. It is the collective of
online conservation channels devoted to community based input, content sharing and
collaboration. Some examples of social media such as Facebook, Twitter, Google+, LinkedIn
and so on. Another business applications of social media like social media analytics, social
customer relationship management, social media marketing etc. Companies utilize the social
media for marketing and promoting of goods and services to present the in front of consumers in
the marketplace in effective manner. Social media marketing is wider aspect which is utilized of
social media websites and platforms to promote goods or services. It has raised as per growing
active users rates on social media sites. The leading usage is to communicate with people to
make awareness of their product or facility with the key thought of making two ways
communication system. This can aid to increase the brand awareness in front of the consumers.
Also, this can help to enhance the profits and sales of company.
Theme 2: Role of social media in consumer decision-making
As per the view of Guesalaga, (2016) Most of business operators and marketers have
heard the refrain the social media is essential. Social media is very valuable for different things
such as brand awareness, website traffic etc. The content which is simple to spread through
social media that has capability to create people act in unique modes which are positive to
business operators. Social media influences customers from various ages ranges and races. There
are many of variation between demographic on how much they utilize the internet, kinds of
devices they utilize and ways of looking information. Business operators can not create
5
Document Page
consumers utilization of social media that they can effect the types of things social media linked
shopper finds. Businessman can promote people to usage social media while purchasing by
involving social media in their point of sale marketing. This can aid to increase the brand
awareness in front of the consumers. Also, this can help to enhance the profits and sales of
company.
Theme 3: Factors affecting decision-making of consumer.
According to that Agnihotri and et.al., (2016) Decision making procedure means to
various steps of making the decisions that consumers undergoes before and during the buy of
goods and services. It is the essential for marketers to identify what goes inside the head of
customers and ways of making buying their goods and services. There are many factors which
effect on decision-making of consumers while purchase the goods and services. The family
group, social status which influenced on buying behaviour of the users. Each and every
individual lives in difficult social and cultural atmosphere (How social media influences
consumer buying decisions, 2019). In this context, different types of goods and facilities which
they supposed to usage can be directly or indirectly effect by overall cultural context in which
they live and develop. This can aid to increase the brand awareness in front of the consumers.
Also, this can help to enhance the profits and sales of company.
Theme 4: Ways of improving the marketing strategy of company
As per the view of Järvinen and Karjaluoto, (2015) Marketing is ever-changing approach
that must be looked in-depth ideas. The appropriate evaluating of website can be done in relation
to bring in more inventions and bring in more customers as well as accomplish better
profitability. It has to modify marketing strategies with modification times and can incorporate
new and creative method. There are many ways which can improve the marketing strategies of
organization. It involves build the value of consumers, clean and actionable callas to activities,
promote the website speed, usage of social sharing buttons etc. Also, company can follow online
marketing which is future for business. The internet connectivity spreading out with decent speed
with modification time and fast paced the technology revolution. This can aid to increase the
brand awareness in front of the consumers. Also, this can help to enhance the profits and sales of
company.
1.5 Appropriate plan and procedure for the agreed research specification
Task Task Name Duration Start Finish Predece
6
Document Page
Mode ssors
Auto
Scheduled Identification of market 8 days 03/06/19 12/06/19
Auto
Scheduled Selection of market 9 days 13/06/18 Tue 25-12-18 1
Auto
Scheduled Conducting market research 9 days Wed 26-12-
18
Mon 07-01-
19 2,1
Auto
Scheduled
Formulating of goals and
objectives 7 days Wed 26-12-
18 Thu 03-01-19 2
Auto
Scheduled
Identification of audience in new
market 4 days Tue 08-01-19 Fri 11-01-19 3,4
Auto
Scheduled Creating marketing plan 6 days Tue 08-01-19 Tue 15-01-19 3
Auto
Scheduled Implementing of marketing plan 10 days Wed 16-01-
19 Tue 29-01-19 5,6
Auto
Scheduled Testing of product 8 days Wed 30-01-
19 Fri 08-02-19 7
Auto
Scheduled Final launch of product in market 5 days Mon 11-02-
19 Fri 15-02-19 8
7
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Illustration 1: Gantt Chart
8
Document Page
Illustration 2: WBS
TASK 2
2.1 Resource efficiently to research question
The selected resources which are utilized in the study can linked with research question.
In this research, investigator identify the role of social media as per consumer decision-making
in relation to travel and tourism sector (Wilden and Gudergan, 2015). Also, they determine the
different factors such as social, economic, cultural which influenced on the decision-making the
consumers while buying of services of travel and tourism company like Thomas Cook. In this
context, research examine the different ways of improving the marketing strategy for promoting
9
chevron_up_icon
1 out of 21
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]