Rob Gialloreto, Tourism Educators Conference

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The Changing Consumer: Adjusting Focus to Meet the Needs of the New Traveller Rob Gialloreto President & CEO

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Transcript of Rob Gialloreto, Tourism Educators Conference

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The Changing Consumer: Adjusting Focus to Meet the Needs of the New Traveller

Rob GialloretoPresident & CEO

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• Rejuvenate: There is no time like the present to reinvigorate your understanding of a topic, refresh your knowledge, your product, or yourself

• Rebrand: Rebranding is about reinvention to meet market demands without losing sight of your roots

• Reboot: Technology is all around us. How do we use it to our advantage?

TEC Streams

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• Prepare professionals• Up to date, and market reflective• Connection to a rapidly changing industry• Apply business acumen to an intangible product

“Education is what survives when what has beenlearned has been forgotten.”

- B. F. Skinner

Tourism Educators

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Tourism Educators - Jobs

“British Columbia's tourism industry will be a leader in provincial job growth as businesses look to fill 101,000

new job openings by 2020.” – go2hr

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Give you upLet you downRun around and desert youMake you crySay goodbyeTell a lie and hurt your

Things Rick Astley Would Never Do

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My Life Story

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I’ve lived in a few different cities…

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I’ve gone to a few schools…

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I’ve had a few different jobs…

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Financial CollectionAgencies International

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Hartford WhalersHockey Club

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I do have a personal life…

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Changing Consumers

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Changing Consumers – Boomers

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• Definition– Leading Edge: now 57-67– Trailing Edge: now 49-56

• 77+ million boomers• 40% plan to “work until they drop”• Over 50% of U.S. discretionary spending rests

with them• Adults 50 and older own 65% of the aggregate

net worth of all U.S. households• Americans over 55 spend 50% of all vacation

dollars in America • 80% have broadband internet access• Make up 80% of leisure travel• Make over 50% of their travel purchases online

Changing Consumers – Boomers

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Changing Consumers – What Do They Want• New and Unique• “Smooth” Adventure• … but throw in some luxury• Not all boomers are the same; most dynamic

group– From JFK to Vietnam War to Watergate…

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Types of Trips:• Eco-tourism (hiking, waterfalls, nature)• Adventure (skiing, skydiving, scuba/snorkeling)• Religion (900,000 per year; average age 55)• Culinary cruises (food, wine and cruising – nice

combo!)• Destination weddings (80 million dollar business;

fastest growing online dating consumer is 50+)• Multi-generational • Medical tourism (60 billion dollar industry)

Changing Consumers – What Do They Want

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Boomers are NOT all the Same

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What are these people doing?

Changing Consumers - Technology

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Source: Nielsen’s, Global Trust in Advertising report, 2011

Recommendations from people I know 92%

Consumer opinions posted online 70%

Editorial content 58%

Branded websites 58%

Emails I sign up for 50%

Ads of TV 47%

Brand sponsorships 47%47%

Ads in magazines

Trusted Sources of Information

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• 41.3% Mobile phone• 33.9% Opinion of friends, colleagues or relatives• 28.9% Online mapping site • 28.4% DMO website• 24.6% Social media• 21.9% Travel or lifestyle magazine• 21.1% Newspaper travel section

Source: State of the American Traveler, Volume 13, July 2012 – Destination Analysts Inc.

58.5%

Resources Used to Plan Leisure Travel

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Source: State of the American Traveler, Volume 13, July 2012 – Destination Analysts Inc.

Find restaurant info 55%

Check weather 52.3%

Look at maps 42.9%

Find hotel information 41.4%

GPS-related app for directions 40%

Find shopping information 34%

Find attractions information26.6%

Mobile Use for Travel

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Source: State of the American Traveler, Volume 13, July 2012 – Destination Analysts Inc.

When did you use your mobile device for travel information?

DURING a trip

BEFORE a trip

78.5%

63%

Mobile Use for Travel

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May 2013

BlackBerry CEO says tablets will be useless in five years

In an interview with Bloomberg, CEO Thorsten Heins questions the value of tablets, pouring cold water on a PlayBook successor.

Changing Consumers - Technology

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Generation X, Y, Millennial…Everyone

"What we're all striving for is authenticity, a spirit-to-spirit connection."

-Oprah Winfrey

Changing Consumers

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Experience – Do We Deliver?

• Poland – Move your imagination – Come and find your story

• Lithuania – See it! Feel it! Love it!• Austria – Arrive and revive• Morocco – The country that travels within

you• Czech Republic – Stunningly different

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Experience – Do We Deliver?

• Paraguay – You have to feel it!• Guyana – Experience, explore & enjoy• Costa Rica – No artificial ingredients• Bolivia – Awaits you. • Abu Dhabi – Travellers welcome• Ethiopia – The cradle of humankind• Turkey – Unlimited

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What’s Missing?

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How are your Consumer Changing?

There are clues everywhere!

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• The Butchart Gardens• Royal BC Museum• Inner Harbour• West Coast Trail• Galloping Goose Trail• Beacon Hill Park• Parliament Buildings• Goldstream Provincial Park• Scenic Marine Route• IMAX Victoria• Race Rocks Ecological Reserve• Victoria Butterfly Gardens• Craigdarroch Castle• Victoria Bug Zoo• Fort Rodd Hill and Fisgard Lighthouse• #16 – Witty’s Lagoon Regional Park

TripAdvisor’s Top 15 Things To Do

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Click icon to add picture

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Marketing Now

• Marketing is a listening job, not a telling one• People don’t buy your product, they buy your story• Revolutions don’t end; people decide where they go• Don’t listen to experts; listen to your consumers

Remember that we are all travellers – do you rememberhow you look at new destinations?

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The Story of Matt