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The Effectiveness of Marketing Communication and Importance of Its Evaluation in an Online Environment

Author

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  • Anna Krizanova

    (Department of Economics, The Faculty of Operation and Economics of Transport and Communications, University of Zilina, Univerzitna 1, 010 26 Zilina, Slovakia)

  • George Lăzăroiu

    (Department of Economic Sciences, Spiru Haret University, Bucharest 030045, Romania)

  • Lubica Gajanova

    (Department of Economics, The Faculty of Operation and Economics of Transport and Communications, University of Zilina, Univerzitna 1, 010 26 Zilina, Slovakia)

  • Jana Kliestikova

    (Department of Economics, The Faculty of Operation and Economics of Transport and Communications, University of Zilina, Univerzitna 1, 010 26 Zilina, Slovakia)

  • Margareta Nadanyiova

    (Department of Economics, The Faculty of Operation and Economics of Transport and Communications, University of Zilina, Univerzitna 1, 010 26 Zilina, Slovakia)

  • Dominika Moravcikova

    (Department of Economics, The Faculty of Operation and Economics of Transport and Communications, University of Zilina, Univerzitna 1, 010 26 Zilina, Slovakia)

Abstract

Online marketing communication covers a wide area and thus promotes an extensive reach of advertising to a broad audience. Hotels can achieve certain goals through online communication, mainly an increase of hotel awareness; an improvement of their image; and an increase in the level of customer satisfaction and trust, or brand loyalty. Measurement of the effectiveness of communication tools in the online environment is still a challenge, whether in the academic world or in the business world, mainly due to the complexity of this process. The main objective of this paper is to propose a methodology for implementing an indicator suitable for the evaluation of the effectiveness of online communication activities in the Slovak hotel industry. It uses analysis of the current usage of online marketing communication activities from the perspective of hotel service providers. The methodology should be applicable to support decision-making and actively support the sustainable development of hotels. In order to achieve the objective of the paper, the authors conducted a marketing survey focused on online marketing communication by Slovakian hotels to determine their use and to map the current state or methods of evaluating their effectiveness. Results of the research suggest that hotels in Slovakia perceive evaluating marketing communications online as being important, regardless of the size, length of operation, budget, and class of the hotel. They prefer financial metrics because they are a de facto manifestation of the traditional approach towards investment evaluation. The results also showed that return on investment is the most common metric for evaluating the investments of online communication activities, and that respondents expressed the highest level of confidence in this metric as well. In line with the results, we have proposed return on investment (ROI) as the most appropriate metric applicable in evaluation of the effectiveness of online communication tools.

Suggested Citation

  • Anna Krizanova & George Lăzăroiu & Lubica Gajanova & Jana Kliestikova & Margareta Nadanyiova & Dominika Moravcikova, 2019. "The Effectiveness of Marketing Communication and Importance of Its Evaluation in an Online Environment," Sustainability, MDPI, vol. 11(24), pages 1-19, December.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:24:p:7016-:d:295689
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    References listed on IDEAS

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    8. Grzegorz Ignatowski & Łukasz Sułkowski & Bartłomiej Stopczyński, 2021. "Risk of Increased Acceptance for Organizational Nepotism and Cronyism during the COVID-19 Pandemic," Risks, MDPI, vol. 9(4), pages 1-35, March.
    9. Mohamed Samy ElDeeb & Yasser Tawfik Halim & Esmat Mostafa Kamel, 2021. "The pillars determining financial inclusion among SMEs in Egypt: service awareness, access and usage metrics and macroeconomic policies," Future Business Journal, Springer, vol. 7(1), pages 1-19, December.
    10. Silvana Prodan & Dan-Cristian Dabija, 2023. "Adapting the Digital Servuction Model to Central Banks: Case Study: European Central Bank," Administrative Sciences, MDPI, vol. 13(10), pages 1-21, October.
    11. Vasile Dinu & Veronica Câmpian & Cristinel Vasiliu & Lauren?iu Tãchiciu & Dan-Cristian Dabija, 2022. "Ethics and Integrity in the Context of Economic Research Within Doctoral Schools," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 24(Special16), pages 912-912, November.
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