Advances in Global Economics and Business Journal
Vol. 3 No. 2 (2022): Advances in Global Economics and Business Journal (AGEBJ)

The Impact of Marketing Mix on Customer Satisfaction in Haidilao Hotpot

Hee Song Ng (a:1:{s:5:"en_US"
s:42:"UOW Malaysia KDU Penang University College"
})

Thiam Yong Kuek (Unknown)
Luo Kuan Zhang (Unknown)
Lee Kean Yeoh (Unknown)
Jing Huan Zhang (Unknown)
Yu Hui Yuan (Unknown)
Harshika Sharma (Unknown)
Harshit (Unknown)



Article Info

Publish Date
20 Dec 2022

Abstract

Haidilao Hotpot is a China hotpot catering company and the largest chain of hotpot restaurants in China. This study examines how the customer satisfaction of Haidilao Hotpot in China is influenced by the 4Ps Marketing Mix: Product, Price, Place, and Promotion. A survey questionnaire was used for data collection. A total of 150 customers of Haidilao Hotpot in China participated in the online survey via Wen Juan Xing. SPSS computer program is also adopted to analyse further the data obtained from the respondents. Besides, some research papers are used to strengthen and support the current study. The findings showed that place and promotion were positively correlated to customer satisfaction. Promotion is the most significant variable influencing customer satisfaction in Haidilao Hotpot. However, product and price did not significantly affect customer satisfaction. The implications for policymakers and practitioners, as well as the future direction of research are discussed. This study provides Haidilao Hotpot with valuable insights and guidance to increase customer satisfaction in China.

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Journal Info

Abbrev

agebj

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Other

Description

Advances in Global Economic And Business Journal is an international, peer-reviewed, open-access, online & print publication of scholarly articles. AGEBJ features publications of original research from all disciplines within business, economy, finance and any related topic. By not excluding papers ...