Dream - d2ahzdmt0lpwha.cloudfront.net · And an actual bespoke page … with (sort of) relevant...
Transcript of Dream - d2ahzdmt0lpwha.cloudfront.net · And an actual bespoke page … with (sort of) relevant...
Path to Purchase – what it looks today
Experience
40%*
https://www.thinkwithgoogle.com/marketing-resources/micro-moments/micro-moments-travel-customer-journey/
SHARE AND TELL
Dream Plan Book
Travel Search 2018 Mobile Desktop
Share of Search Volume 53% 47%
Time on Site 4.18 m 8.51 m
Page Views / visitor 4.89 8.99
Bounce Rate 44.9% 29.1%
Source: Stone Temple Mobile vs Desktop Traffic in 2019, based on Similar Web data 2018 for US
Mobile Use IS having an Impact
of those using a mobile for travel research say:
Google/Ipsos Connect, travel playbook omnibus, n=1,063, among U.S. travelers 18+ who use a smartphone and for whom the statement is applicable, Apr. 2016
72%CONTENT beats BRAND
… and there is one other key observation
More Dreaming + Less Loyalty = More Touchpoints
https://www.thinkwithgoogle.com/feature/path-to-purchase-search-behavior/#key-takeaways
The average
accommodation purchase journey lasted an incredible
36 days and involved 45 touchpoints across several devices and types of website.2
2) Verto Analytics, McKinsey analysis, U.S. clickstream panel data, Q4 2017–Q1 2018
or putting it into a slightly different way:
“STOP CLICKING AROUND”
does not work with today’s consumers
More Touchpoints = More Micro-Moments to own
Google’s simple advice is “to earn (and re-earn) each person’s consideration in every micro-moment”
You'll need to do more than just show up. Be relevant to the person's need in that moment. Connect them to the inspiration they're looking for and to the answers they want.
Be there.
Be useful.
You can't win if you're not in the game. Identify the micro-moments for travelers that fit your business, then commit to being there to help when they happen
What Google Tells Us
SHARE AND TELL
ExperienceBookPlanDream
> 40% *
* Google/Ipsos Connect, travel playbook omnibus, n=1664, among U.S. travelers 18+, Apr. 2016
Publisher
Review Sites, Agents
Supplier Direct
Our Distribution Partners are evolving fast
Micro-Moments, Touch Points, Billboard Effect … or whatever you call it, key is that
there is a
VERY HIGH CHANCE that a potential customer will
VISIT YOUR WEBSITE during their
PATH TO PURCHASE
Questions you need to ask is:
HOW DO YOU INCREASE THE CHANCE OF A WEBSITE VISIT?
and
HOW DO YOU INCREASE YOUR CHANCE TO CONVERT THE VISITOR?
BE THE SOURCE OF TRUTH
BE THE SOURCE OF TRUTH
Or simply be the BEST when it comes to your hotel, neighbourhood, region …
CONTENT PRICING
• Images • Amenities• Description• Reviews• Points of Interest
• Room Rates • Discounts• Policies
BEST Opportunities
Paid Search Ads Google Hotel Ads
BEST Content: Points of Interest
NOT ONE SUPPLIER DIRECT ON PAGE 1 … JUST META SEARCH OR OTA
OTA/Meta approach to Points of Interest
More about Adelaide Central MarketPlaces such as Adelaide Central Market attract travelers to Adelaide. Hotel rooms are offered at the lowest price on Agoda.com with many of them in the vicinity of Markets. Finding the perfect hotel for your next trip to see Adelaide Central Market is easy via Agoda.com, with options such as Adelaide Motel & Backpackers and Tequila Sunrise Hostel.
Hotel reservations are made easy with Agoda.com's secure on-line booking form for hotels in close proximity to Adelaide Central Market. Accommodation can be conveniently located on our Adelaide city page, with user-friendly search tools and comprehensive hotel information. ….
Hotels near Adelaide Central Market
Of the many tourists who are drawn to Adelaide Central
Market every year, few regret the journey.
You're not likely to have any difficulties finding it. It's in
Adelaide, the state capital.
With no less than 47 hotels within an easy walk of
Adelaide Central Market, you won't have any worries
finding a fantastic place. The Quest on
Franklin, InterContinental Adelaide and Adina Apartment
Hotel Adelaide Treasury are certainly worth taking a look
at.
After low-cost accommodation options? You will stumble
upon a couple nearby.
…..
And an actual bespoke page … with (sort of) relevant content
All Meta & OTAs search results have a bespoke page title and description
Points of Interest: We help OTAs win
vs. Hotel Direct example
“When you book your accommodation with us, we will share our detailed recommendations for restaurants, cellars doors, wine tours and much more”
OTA Encouragement
BEST Content: Points of Interest
WHY?
1. Creates SEO value
2. Provides customer value
3. Reason to spend more time on site
4. and read more pages
5. Which creates SEO value again
BEST Content: Site Structure, Images, UGC …
Nothing here happens by chance
Everything on this page is A|B tested for conversion
Learn from your distribution partners
OTA Approach to Site Structure, Images, UGC …
45 images
Amenities
Description, UGC
Points of Interest
Site Structure, Images, UGC … We help OTAs
They are constantly reminding us to update
but how good is your own site?
BEST Content: Site Structure, Images, UGC, …
WHY?
1. Creates SEO value
2. Provides customer value
3. Reason to spend more time on site
4. and read more pages
5. Which creates SEO value again
BEST Pricing: Rate Parity
Rate parity or MFN is a clause in the OTA contract with hotels in which the hotel guarantees to use the same rate and terms for a specific room type, regardless of the distribution channel.
In AU rate parity is limited to the Hotel Websitein theory you can offer an OTA a lower rate than on direct
But it is still a ONE WAY clause*
*Expedia Group waived the MFN clause in April 2019
PRICE INTEGRITY: Meta Discounting
URGENCY
URGENCY
versus HOTEL DIRECT: $ 235
Agoda is Merchant to be able to offer discount
PRICE INTEGRITY: Wholesale Rates
Risk of wholesale rates being distributed ‘un-bundled’ or below recommended selling price
Booking.basic example Easter weekend in McLaren Vale
PRICE INTEGRITY: Loyalty Rates
Looks like there is no reason to not join
- More bookings- Higher Value Customers
- Longer LoS- Higher ADR
- Fewer Cancellations- More Repeat
PRICE INTEGRITY: Loyalty Rates
1. How difficult is it to “join” as a customer ?a. Therefore, does it drive incremental bookings ?
b. Why would the LoS, ADR, XXL rate, etc. all be better?
2. What are the true costs for you?a. Does it impact your other distribution channels?
b. Can you limit/exclude peak dates?
c. How many of your current bookings are from qualified customers?
3. Where will the customer loyalty be?
4. What is the impact on “Being The Source of Truth”?
A few thoughts to consider:
PRICE INTEGRITY
HOW?1. Stop / challenge META discounting
2. Monitor WHOLESALE distribution
3. Question LOYALTY RATE value
WHY ?1. Best available rate has to be DIRECT
2. Be THE SOURCE OF TRUTH
3. Increase your CONVERSION chance
MY KEY TAKE AWAYS FOR YOU
BE THERE & BE RELEVANTat EVERY TOUCHPOINT
BE MOBILE
53% of
travel search
BE THE SOURCE OF TRUTH
BE BOOKABLE MEASURE