Webinar 11.19.14 revinate final
Transcript of Webinar 11.19.14 revinate final
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CONFIDENTIAL
It’s Not About You Why hotel marketing needs to change
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AGENDA
Why marketing needs to change
What is hypertargeting?
How hoteliers can leverage customer data to deliver effective marketing and
enhance the guest experience
Hypertargeting in action
#hotelmarketing
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MEET THE PRESENTERS
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Danny Mason Head of Demand Generation [email protected]
Betty Mok Director of Product Marketing [email protected]
#hotelmarketing
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BEFORE WE GET STARTED
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• You are all on mute
• Please use your GoToWebinar control panel to ask questions during the webinar
• You will receive both the recording and slides of this presentation within the next 48 hours
#hotelmarketing
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It’s Not About You Why hotel marketing needs to change
#hotelmarketing
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MISSION: TO BETTER CONNECT HOTELS AND GUESTS
Founded 2009
HQ in San Francisco Offices in NYC, Dubai, Amsterdam, Singapore, Sydney
90+ global employees
Leaders in Hospitality Technology Innovation
#hotelmarketing
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23,000+ HOTELS USE REVINATE TODAY
GLOBAL BRANDS
NORTH AMERICA
EMEA
LATIN AMERICA
ASIA
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Why hotel marketing needs to change… from Hotel-Centric to Guest-Centric
#hotelmarketing
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EFFECTIVE MARKETING STRATEGIES IN 2014
10 #hotelmarketing
• SEO/SEM/Search Engine Optimization
• Mobile Optimization
• Retargeting
• Social Media
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SEARCH ENGINE OPTIMIZATION
#hotelmarketing
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MOBILE OPTIMIZATION
By 2017, over 30% of online travel bookings will be made on a mobile device. *Source: The Economist
#hotelmarketing
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SEARCH RETARGETING
The guest leaves your site without booking
Hotel GO YOUR SITE
HOTEL BOOKED
A prospective guest searches for a hotel
The guest finds your website
The guest sees your ad while surfing the web later Inspiration! The guest clicks your ad and
arrives at your site ready to book
#hotelmarketing
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SEARCH RETARGETING IN ACTION
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FIND YOUR BEST CUSTOMERS ON SOCIAL MEDIA
#hotelmarketing
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WHAT MADE THESE STRATEGIES EFFECTIVE?
16 Differentiation.
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99% OF HOTEL ADVERTISING…
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…is exactly the same.
Hotel Name HOTEL
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HOW DO YOU BREAK THROUGH THE NOISE?
18 #hotelmarketing
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THE BOTTOM LINE?
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Unless you are targeting the right people—those that want to or are likely to book your hotel—
your ad is worthless.
#hotelmarketing
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THE TRANSFORMATION OF HOTEL MARKETING
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Then Now
Isolated Channels Coordinated Experiences
Campaigns Continuous Conversations
Demographic Targeting
The Age of Context: Hypertargeting
One Size Fits All Every Channel Customized
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EVERY CHANNEL CUSTOMIZED
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Then Now
One Size Fits All Every Channel Customized
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COORDINATED EXPERIENCES
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Isolated Channels Coordinated Experiences
Then Now
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CONTINUOUS CONVERSATIONS
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Then Now
Campaigns Continuous Conversations
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THE AGE OF CONTEXT: HYPERTARGETING
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Hi Asha, Registration is open for the 2015 Ottawa Marathon. Come stay with us again at a discounted rate!
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What is hypertargeting?
#hotelmarketing
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HYPERTARGETING
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• Refers to the ability to deliver advertising content to specific interest-based segments in a network.
• For the first time, offered advertisers the ability to direct their ads to categories self-identified by users in their profiles, including music, sports, and movies.
#hotelmarketing
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THE BENEFITS OF TARGETED MARKETING
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+30%
Targeted email campaigns produce more opens than undifferentiated messages
+50%
*Source: DMA National Client Email Report 2013
76%
Targeted email campaigns produce much higher click-
through rates than undifferentiated messages
76% of all email marketing revenue comes from more advanced practices than generic broadcast email
#hotelmarketing
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THE BENEFITS OF TARGETED MARKETING
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Smaller, more targeted email sends get more engagement than large, untargeted sends. *Source: Marketo Benchmark Study
#hotelmarketing
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TRAVELERS WANT PERSONALIZATION
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*Source: Yahoo, May 2014, Skift
78% of consumers expressed a desire for some kind of content personalization.
62% interested in viewing a mix of algorithmic and curated content for a unique experience.
8 in 10 consumers say that personalized marketing has some impact on their decision to purchase.
#hotelmarketing
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Hi Betty, Pop quiz! What did you leave behind in your Modcloth Shopping bag?
Here’s a hint:
PERSONALIZATION IN RETAIL
30 #hotelmarketing
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PERSONALIZATION DRIVES REVENUE
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Personalized marketing can help you:
• Improve conversion rates by 10-20%
• Increase revenue 5% per week or more
• Increase 3-7x revenue per visit
• Drive loyalty *Source: Skift
#hotelmarketing
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SEGMENTATION
32 #hotelmarketing
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How can hoteliers leverage guest data?
#hotelmarketing
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TWO MAIN TYPES OF SEGMENTATION
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(Demographic attributes) Who they are: What they’ve done:
1. Age (Millennials, Gen X, Boomers, etc.)
2. Location (Where they’re from: Midwest, East Coast, China, Europe)
3. Gender
4. Marital/Kids Status
5. Job Title/Company Size/ Industry
1. Usage/History (trip type, first time guest, number of visits, average spend)
2. Interests (yoga, golf, spa, foodie, baseball)
3. Preferences (coffee vs. tea, high floor, quiet room, newspaper, feather pillows )
4. Experiential (feedback from reviews or prior surveys, staff interactions)
(Behaviors)
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DRIVING SUCCESS
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Rich Guest Data + Smart Guest Marketing
Successful Hypertargeting
#hotelmarketing
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SEGMENTS CAN BE USED IN THREE WAYS
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1. Deliver customized service while a guest is on property
2. Drive revenue with targeted campaigns
3. Build loyalty with relevant messaging
#hotelmarketing
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MAKING USE OF GUEST DATA
#hotelmarketing
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RICH GUEST PROFILES
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BETTER SERVE THEIR NEEDS
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KNOW YOUR GUESTS
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SELECTING A TARGETED LIST
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EXAMPLES OF HYPERTARGETING CAMPAIGNS
Hi Tony, The Outside Lands lineup looks great this year. Come stay with us and enjoy a private shuttle to and from the festival.
Hi Adele, Nona Café just re-opened with a brand new menu. Book now, and get a 2 for 1 coupon for a prix fixe dinner for two.
#hotelmarketing
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BUILDING LOYALTY
#hotelmarketing
Here’s wishing many more years of happiness @suzieandjohn #anniversary #goteamlove
Avertine Inn
Take me here @beezy
suzieandjohn
Beautiful couple!
Aww!
So pretty
Let’s go @sammyz
Aw thanks so much for sharing my photo! @avertineinn
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TIMING: ENGAGEMENT POINTS
45 #hotelmarketing
Pre-Stay 1. Pre-booking/research 2. Booking 3. Pre-arrival
On Property 4. Check-in 5. On-Property
a. Concierge desk b. Spa c. Business center d. Restaurant e. Pool
Post-Stay
6. Check-out 7. Post-stay survey 8. Writing a review
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USING HYPERTARGETING TO DRIVE SUCESS
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1. Set goals
2. Understand your value proposition
3. Identify your target customer(s)
4. Determine the right timing
5. Think big
#hotelmarketing
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DESIGNING THE RIGHT EXPERIENCE
1. Girl’s Getaway 2. Business
Traveler 3. Family vacation
1. Kids activities 2. Wine reception 3. Spa offer
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TIPS FOR SUCCESSFUL CAMPAIGNS
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1. Put yourself in your customer’s shoes
2. Exclusion is as important as inclusion
3. The message goes hand in hand with the customer target list
4. Track and monitor performance
5. Optimize over time
#hotelmarketing
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Questions?
#hotelmarketing