In the 21st Century, our country is rapidly increasing its number of restaurants due to increasing leisure time, and an increase of working couples and women with improving income levels. However, these businesses are in fierce competition for surviva...
In the 21st Century, our country is rapidly increasing its number of restaurants due to increasing leisure time, and an increase of working couples and women with improving income levels. However, these businesses are in fierce competition for survival due to the birth of specialized, large, and franchised restaurants, and famous foreign franchise conglomerates which have the market value of the restaurant business with the rapid growth of restaurant patrons. So, what is needed in order to survive the competition in the restaurants business? The differentiation from the company that you compete with.
The most important factor for success is the taste and quality of the food. However, the taste and quality of the food are easy to imitate due to the development of technology. So, how restaurants can differentiate from their competition is to provide the best customer service, and hence building their brand equity, and by maintaining a customer base that is satisfied with their service. This research examines the relationship between the quality of service and brand equity as well as the relationship between brand equity and customer satisfaction or customer loyalty. In particular, there are several points to note in this research. Firstly, this research focuses on professional food service of franchises which is different from previous research. Secondly, this research has examined the results from previous research of done on restaurant franchise systems. Lastly, a range of variables about the impact of the quality of service on brands such as brand image, brand awareness and service including brand equity has been expanded. Accordingly, customers who have experience in pizza franchises have been chosen for the study. From the results of the study, the following points have been extracted.
Firstly, customers have shown friendly and positive attitudes towards brand equity depending on their satisfaction of service quality. This proves that there is a direct effect on the increase in brand equity due to service quality. Therefore, companies should focus on increasing brand equity through improving service quality. Secondly, customers know that the satisfaction of internal and external service quality provided by food service enterprises has a good influence on brand royalty. Accordingly, we must evaluate customer's satisfaction by systematic analysis and intensive improvement of the service quality that is firstly provided to customers. Thirdly, it is apparent that brand equity has a great influence on customer's satisfaction and brand loyalty. For the more the presence of a certificate of service quality and the direct experience of brand equity perceived that influences customer satisfaction. Accordingly, we do our best to evaluate brand equity by strategic brand marketing ads, and service quality control. Fourthly, customers that have more satisfaction give greater influence to brand loyalty and the repurchase of products. Take the spread effect, for example, it is important for enterprises to concentrate on establishing marketing plans and practice evaluating customer's satisfaction levels.
In conclusion, the verified results of the factors(service quality, brand royalty and customer's satisfaction) through this research have application to restaurant franchises. Especially, when looking at the preferences towards pizza restaurants, the high position brand of the business was selected and the service quality and brand equity affect customer satisfaction and loyalty. Therefore it is important that making continuous customer satisfaction and putting in lots of effort the restaurant franchise business has to improve a service quality for the customer satisfaction and development of the image which is positive and effective to customers. Finally, one result of this research will be to provide an up to date perspective to the founders of franchise establishments and be used as the fundamental data for corporate management expecting success.