The document discusses the importance of brand image and CSR for marketing strategy. It notes that branding has become essential for service organizations to increase competitiveness. Brand image, defined as customers' associations with a brand, is a key component of marketing strategy. As CSR has become more mainstream, it is relevant to investigate how CSR activities can positively impact brand image, especially for service companies. Studies show hospitality industries strongly impact the environment and society, so CSR may improve reputation and enhance brand image within the service sector. The document calls for more research on CSR's effect on brand image for service industries.
The document discusses the importance of brand image and CSR for marketing strategy. It notes that branding has become essential for service organizations to increase competitiveness. Brand image, defined as customers' associations with a brand, is a key component of marketing strategy. As CSR has become more mainstream, it is relevant to investigate how CSR activities can positively impact brand image, especially for service companies. Studies show hospitality industries strongly impact the environment and society, so CSR may improve reputation and enhance brand image within the service sector. The document calls for more research on CSR's effect on brand image for service industries.
The document discusses the importance of brand image and CSR for marketing strategy. It notes that branding has become essential for service organizations to increase competitiveness. Brand image, defined as customers' associations with a brand, is a key component of marketing strategy. As CSR has become more mainstream, it is relevant to investigate how CSR activities can positively impact brand image, especially for service companies. Studies show hospitality industries strongly impact the environment and society, so CSR may improve reputation and enhance brand image within the service sector. The document calls for more research on CSR's effect on brand image for service industries.
The document discusses the importance of brand image and CSR for marketing strategy. It notes that branding has become essential for service organizations to increase competitiveness. Brand image, defined as customers' associations with a brand, is a key component of marketing strategy. As CSR has become more mainstream, it is relevant to investigate how CSR activities can positively impact brand image, especially for service companies. Studies show hospitality industries strongly impact the environment and society, so CSR may improve reputation and enhance brand image within the service sector. The document calls for more research on CSR's effect on brand image for service industries.
An appropriate marketing strategy is crucial for the success of a
business. The importance of brand building within the service sector has also gained considerable attention in the past 20 years. Hence, Page | 3 branding has become an essential part of service organizations in order to increase the competitiveness.
However, to succeed with brand building it is important to consider the
customer’s way of identifying with the brand
. The customer’s associations linked to the brand is recognized as the
brand image. Brand image is a key component and the most important actor in marketing strategy
Considering that, brand image is one of the most important aspect of a
marketing strategy and CSR has become mainstream, it is relevant to investigate the subject for future marketing strategy planning. CSR activities have a higher positive impact in service companies than in product-based companies. Studies have shown a large negative impact of hospitality industry on the economic, natural and social environments .
When comparing the impact of the hospitality industry and other
industries, such as e.g. the manufacturing industry, the hospitality sector has not been receiving as strong attention as other industries with strong negative impact. This situation is changing and customers are becoming more aware of the negative social and environmental impact that the hospitality industry contributes to (ibid). This strong reaction indicates the important role of CSR performance within the service industry as a tool for improving a service firm’s reputation to enhance brand image. IMPORTANCE OF BRAND IMAGE Since studies on CSR’s effect on brand image are limited within the growing sector of service industry, it is of importance to study this phenomenon. By increasing the understanding and knowledge of Page | 3 customers’ reactions and attitudes to companies’ involvement in CSR, firms will be able to develop more optimal CSR strategies. The results of this study can be applicable to all industries within the hospitality field, which includes accommodation, food service, tourism, leisure, travel, conventions and attractions. Likewise, the results are applicable to industries using similar CSR strategies as the hospitality sector.