5120 - Assignment 1 - Lương Thị Nhi - GBD210150 - GBD1101
5120 - Assignment 1 - Lương Thị Nhi - GBD210150 - GBD1101
5120 - Assignment 1 - Lương Thị Nhi - GBD210150 - GBD1101
Unit number and title Unit 33. Marketing Analytics and Insights
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I. Introduction
One of the crucial elements in developing an effective marketing campaign is marketing analytics. When
using marketing analytics, a wide range of factors are captured, including campaign creative and
changeable parts, variations in each market, and customer behavior. As the director of marketing at
Nutifood, I can attest that in the age of technology and digital innovation, shifting consumer preferences,
and intense competition, companies must have a thorough understanding of consumer insights in order to
improve the customer experience. This report offers a comprehensive examination of consumer insights
within the framework of your business, encompassing significant insights into customer behavior, a look
at the stages at which customers make decisions, and an update to the customer journey map. Future
customer experiences can be designed and enhanced using the insights gathered from this investigation.
With a 22% market share, NutiFood is a nutritional food company based in Vietnam that was ranked as
the top children's milk brand in the country in 2020. The company wants to become Vietnamese-status and
improve nutritional standards. NutiFood's dedication to nutritional scientific research is evident in its
construction of the Nutifood Nutrition Research Institute in Sweden and its Ho Chi Minh Nutrition
Research Institute, both of which aim to improve the physical condition and status of Vietnamese people
(Nutifood,2024)
Five steps make up the purchasing process: identifying the need, gathering information, weighing options,
making a decision, and reviewing the purchase once it has been made. Customers identify a need for a
good or service, look for answers using search engines, weigh their options, decide what to buy based on
information, cost, and reviews, then consider their choice. Consumers can evaluate, recommend, return, or
discuss their experiences with products through post-purchase evaluation (Stankevich, 2017).
2.3. Discussion about the importance of mapping a path to purchase and understand
consumer decision making.
2.3.1 The importance of mapping a path to purchase
Customer journey mapping involves understanding a customer's interactions with a business or product,
including information gathering, decision-making, and motivation (Schiffman & Wisenblit, 2019). This
helps guide engagement strategies and influence consumer choices, ultimately benefiting the business by
guiding their purchase decisions (Micheaux & Bosio, 2019).
A common example is the nutritional food manufacturer Nutifood. Customers can make purchases from
Nutifood in up to four interest-free installments and enjoy a straightforward payment process. In order to
facilitate communication amongst diabetic patients, Nutifood has established a club. Within this
community, aunts and uncles who hold president positions or are members of retirement or geriatric
associations will be found. Nutrifoods in general and the patient milk line Particularly Nutifood's diabetic
patients will be able to contact new clients. This could encourage customers to select Nutifood over
competing products since it will give them confidence in their purchase (Oluwatoni, 2023).
2.4. Explaining the characteristics of customers and define the customer insights
2.4.1 Definition of customer insights
Customer insights are insights into consumer behavior, data, and feedback, enabling businesses to
personalize products and services. Techniques include customer segmentation, customer journey mapping,
and surveys. (Sachs, 2023)
Families with young 35 Freelance Healthy food, attractive Picky eaters, worries over
children flavors the amount of sugar
Fitness enthusiasts 25 Fitness Look for products that Finding the right protein
teacher enhance workout sources, balancing taste
regimen performance and nutrition
2.6. Critically evaluate the consumer decision-making process to identify the key stages
for customer experience improvement
Although Nutifood's consumer decision-making process is robust, there is still room for development.
Building emotional ties and trust, improving post-purchase engagement, and customizing interactions
should be the company's main priorities. Emotional storytelling, interactive content, microtargeting,
interactive product demonstrations, social proof content, subscription choices, tailored post-purchase
communications, loyalty programs, and community development are important areas for improvement.
Through the implementation of these enhancements, Nutifood will be able to establish a more
personalized and engaging consumer experience, which will strengthen brand loyalty and promote long-
term growth. A smooth omnichannel experience across all touchpoints, incorporating consumer input, and
utilizing data-driven decision making are other factors to take into account. By putting these changes into
practice, Nutifood will be able to build a devoted following of patrons who will trust the company and
support it.
Personalization & Customization While email marketing delivers Enhanced sales and client
customized information and interaction
promotions based on purchase
activity, the website makes
product recommendations based
on browsing history and dietary
preferences.
Content marketing and Work with healthcare The success of loyalty and
Education professionals to provide marketing initiatives
educational blog entries,
instructional videos, and recipe
demos about nutrition, health,
and healthy cooking. You should
also feature client success
stories.
2.9. Ideas for improving customer experience by CRM and building customer loyalty
2.9.1 Improving customer experience by CRM
Customer relationship management (CRM) is a strategic approach to managing interactions between a
company's clients, customers, and potential customers. It involves acquiring clients, understanding them,
offering services, and anticipating their demands. CRM systems help businesses contact, offer services,
gather and store customer information, and analyze this data to build enduring relationships beneficial to
both the business and its clients (Bhattacharya, 2011).
The advancement of information and communication technologies (ICTs) has changed how customers
behave and how businesses approach them, creating new avenues for service sales and improving
customer relations. Using a variety of electronic tools, firms can create long-lasting connections with
clients online with the help of an information system called E-CRM. Its main objective is to improve
customer relationship creation and management efficiency, service quality, and client retention—all of
which will eventually lead to higher profitability (Kumar & Mokha, 2021).
Electronic customer relationship management, or E-CRM, is a tactic that improves online retail customer
relationship management (CRM) through the use of the internet. Through speedier online engagements, it
seeks to manage personal customer interactions, enhance long-term connections, and improve consumer
access. By automating conventional CRM, this method improves e-business investments and online sales
(Ferreira, et al., 2023)
2.10. Critically discuss the strategic implication for customer experience improvements
To increase customer satisfaction and loyalty in today's cutthroat business environment, companies need
to grow their customer bases and enhance customer experiences. Businesses can evaluate consumer
purchase behavior and concentrate on client retention by utilizing E-CRM, a user-centered strategy.
Developing long-lasting relationships with clients is essential, and companies can obtain a competitive
edge by streamlining their E-CRM processes. Businesses can learn more about the favorable relationship
between E-CRM and customer happiness by doing research on user interfaces and experiences (Kumar &
Mokha, 2021).
III. Conclusion.
The report traits and factors influencing Nutifood customers' decision-making for this report. A revised
customer journey map, an evaluation of the decision-making stages of the customer, and important
behavioral insights about the client are all included in the report. Ultimately, the report will advise
companies to use technology to enhance consumer satisfaction and foster loyalty. This will serve as the
foundation for future customer experience design and improvemen.
IV. Reference
Stankevich, A., 2017. Explaining the Consumer Decision-Making Process: Critical Literature Review.
International Business Research and Marketing, 2(6), pp. 7-14
Kecsmar, Z., 2023. Understanding the 5-Step Consumer Decision Making Process. [Online] Available at:
https://www.linkedin.com/pulse/understanding-5-step-consumer-decision-making-processzsuzsa-kecsmar
[Accessed 6 6 2024].
Micheaux, A. & Bosio, B., 2019. Customer Journey Mapping as a New Way to Teach Data-Driven
Marketing as a Service. Journal of Marketing Education, 41(2), pp. 127-140.
Schiffman, L. G. & Wisenblit, J., 2019. Consumer Behavior. 12th ed. New York: Pearson Education
limited.
Sachs, S., 2023. customer insight (consumer insight). [Online] Available at:
https://www.techtarget.com/searchcustomerexperience/definition/customer-insight-consumer-insight
[Accessed 6 6 2024].
Kumar, P. & Mokha, A. K., 2021. Relationship between E-CRM, Customer Experience, Customer
Satisfaction and Customer Loyalty in Banking Industry: A Review of Literature. International Journal of
Multidisciplinary, 6(2), pp. 127-137.
Du, Y. & Tang, Y., 2014. A Literature Review on the Relationship Between Service Quality and
Kecsmar, Z., 2023. Understanding the 5-Step Consumer Decision Making Process. [Online]