Webinar 1 what is meta

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Metasearch What It Is What It Does Why It Matters

Transcript of Webinar 1 what is meta

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MetasearchWhat It Is

What It DoesWhy It Matters

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Previews

Upcoming Metasearch Webinars

1. What it is, What it Does, Why it Matters2. Pros and Cons of Assisted Booking3. Budgeting for Metasearch4. The Roles of Rate Parity – Seen and Unseen

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Previews

Upcoming Metasearch Webinars

1. What it is, What it Does, Why it Matters• Overview of major metasearch channels• Pros & Cons of metasearch• KPI’s to consider

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What is MetaSearch and Why Do I Care?

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Google – Local Universal

Branded Search Term

PPC Ads

Organic SEO

Google Hotel Ad

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Google Maps

Local Universal 3-Pack

Expanded Maps

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Google Maps

Google Maps - Point Of Sale (POS)

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TripAdvisor

Reviews, ratings, popularity rankings, business listings, and more…..

Do not forget the POS buttons!

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TripAdvisor

TripAdvisor uses several presentation scenarios, including the “Single Chevron” view as shown here.

Some Pros & Cons……

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Kayak

Kayak presents a large number of booking options which can benefit consumers, but lower CTR

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Trivago

Trivago likes to feature hotel website booking links

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Wego

Wego is a key channel for APAC travellers.

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And Many More…..

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YoY Comparison (Big Data!)

CPC ROAS Conversion

$3.58 9.20 8.25%

CPC ROAS Conversion

$2.99 8.50 6.87%

Jan-June 2015 Jan-June 2016

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Pros and Cons of Metasearch

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Perspective - Best and Worst Candidates for Meta

$3/click @ 10% conversion = 10 clicks per booking (x $3 cpc) = $30 $30/nt ADR x 1nt stay = 100% Cost of Sale (COS)$500/nt ADR x 2nt stay ($1,000) = 3% COS

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Why It Works Well

More qualified leads who are already aware of rates and availability

Desktop driven but mobile mentality

Campaign stacking shows meta is often a search point, but not the final step – what gets in the way?

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Why It May Not Work Well

Higher ADR = less spontaneity & longer sales cycle

Rate parity becomes transparent to consumer

Efficient booking process (or lack thereof)

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Beauty is in the Eye of the Beholder!

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What’s Your Motivation?

More Than BookingsWhy else is metasearch important?

1. Branding

2. Volume

3. Owning the guest

4. If you don’t, somebody else will

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I'm an Independent hotel – Can I Play Too?

YES!!!Advantage – More Flexibility inRate Strategies

Challenge – ARI feed, Budgets, And Resources to Manage Campaigns

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Q&A

Dean Schmit, Sales Operations [email protected]

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Coming Soon

Upcoming Webinars

#2. The Pros and Cons of Assisted Bookings#3. Budgeting for Metasearch#4. Rate Parity’s Impact on Metasearch