Consumer Behaviour and Technology: A TUI Group Case Study Analysis
VerifiedAdded on 2020/11/23
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AI Summary
This report analyzes the influence of technology on consumer decision-making within the Travel and Tourism sector, specifically using the TUI Group as a case study. The report aims to identify key factors affecting consumer choices, understand the impact of technology on consumer behavior, and analyze consumer behavior models related to technological advancements. The findings highlight the significance of various factors like market campaigns, economic conditions, personal preferences, group influences, and purchasing power in shaping consumer decisions. Furthermore, the report explores the impact of digital technology on business operations, including increasing worker performance and decreasing operating costs, ultimately emphasizing how digitization has transformed the consumer decision-making process. The study also acknowledges the constraints of research projects, such as time and budget limitations, which influence the scope of investigation. The literature review covers the influence of eWOM in social media, the impact of technology on marketing activities and consumer behavior, and the accessibility of goods and services through mobile technology. The report's outcomes provide valuable insights into the evolving landscape of consumer behavior in the digital age, especially within the travel and tourism industry.