Mobile opportunity in travel: Urgency sells best. d · Users booked mobile check-in on the same day...
Transcript of Mobile opportunity in travel: Urgency sells best. d · Users booked mobile check-in on the same day...
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d
Mobile opportunity
in travel: Urgency
sells best.
On smartphones.
Tomas Laboutka - CEO & Co-Founder, HotelQuickly
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2013 2014
Sources:
Left: BI Intelligence, Gartner, PhoCusWright, Expedia
Right: Morgan Stanley, Google, Juniper Research
The future is mobile.
Current market size of mobile bookings:
USD 10bn
Number of mobile devices
globally: >2bn
Today, only 15% of travel planning
is done mobile
But: 85% would book mobile again
2015
Mobile users > computer users
Mobile will account for 8% of the
total booking volume
m-payment > online payment
Goods worth USD 1.3tn will be
purchased mobile
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Mobile travel in APAC.
Time to spare?
ITB World Travel Trends:
USD 357bn travel market in APAC
MasterCard:
54% of Indonesias use
Mobile to shop online
Wego:
48% APAC users use m-search for travel
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Shortcuts in determining
your monetization
strategy?
Understand the
real problems of
your mobile users
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Mobile money-making strategies. Same
same, but different?
Smartphones
IAB research:
70% users will not leave
smartphone at home
Funsherpa & Lab42:
85% use smartphone while
travelling and abroad
Phablets
Tablets Google:
65% of users do not search for
specific destination
Expedia:
12% mobile users do not know
their target destination & 48% use mobile for aspirational search
?
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Tealeaf:
40%
Users expect mobile
search to be better than
PC
Google:
36% Mobile users will not book
if the site is hard to
navigate
Tealeaf:
46% Users worsen their image of
brand, if user experience is bad
Great mobile user experience:
precondition for revenues
Tealeaf:
38% chose different provider,
if bad user experience
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Google:
40% Book with m-browser
Google:
12% Book with App
Expedia:
58% app bookings
Monetate:
98% Users switch between devices during the day
Is the $ in App or in mobile Web?
but
but
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Do you really know
what mobile user
you are trying to
convert?
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Understand customers before targeting
1) Profile customers 2) Screen market 3) Learn & optimize
User behavior:
Use tools to measure
and profile preferences,
backgrounds, interests,
behaviors of customers
Market segmentation:
Position yourself in the
best light: Find where
your target customers
hang out (online), what
they do and like
Measure & track:
Numbers are king:
Constantly observe
whether your marketing
channels are effective &
optimize
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Understanding of our user Google: 26%
Mobile queries are last minute
Drew McLellan: 70% smartphone searches result
in action within 1 hour
GuestCentric: 60% Mobile users book for
the same or next night
Orbitz: 70%+ Users booked mobile
check-in on the same day
Expedia: 68% Mobile users check in within 24
from booking
Mastercard: China 70%
Mobile users are attracted to
mobile for special deals
(in HK: 54%)
93% in-Asia Air travel
Mastercard: 40%
Users in APAC are interested in
special mobile only offers
Wego: FREE travellers
replacing group travel in APAC
User profile: different needs • Urgency & spontaneity & Flashpackers
• PhoCusWright: “Universal app needed“
• First time customers
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Understanding by analytics
Urgency: proximity
70% use Facebook connect
for sign-up
45% book closest hotel
72% Spontaneous
93% first time guests
19:42 time of booking
Closest
hotel
2nd
Closest
hotel
3rd
Closest
hotel
Other
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Campaign funnel management
Interconnected systems
Google analytics EDM system
Flurry
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Do you
inspire to book?
NewRelic: ¼ users never
opened the app
Ovum: APAC
5bn apps+
downloaded
Nielsen:
47 apps on
average in SG
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Pictures sell more than 1000 words.
Video anyone?
VFM Leonardo: (evening) (video) story: 50%+ higher visual interaction on mobile
Google: 21-26% use video as resource for planning & 45% - 72%
travellers (leisure-business) prompted to book as a result of video site
Mobile Marketing Association: video has 3x better CTR on mobile
Comscore : most frequent purchases in the evening
Target CPA deals to drive your ROI
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Social media as a part
of monetization strategy in APAC?
Wego: 61% use soc.media
for holiday inspiration
Wego: 54% buy
because of friends‘ like
EyeForTravel: 87% impact on hotel choice
Expedia: 47% global average of
soc.media impact 54% on purchase
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Tailor your mobile offers
Urgent Simple
Unique
Important factors for mobile traveller
Deals
Important factors for you
Brand
protection
Customer
acquisition
Customer
retention
Non-
cannibalizing
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Mobile traveller is a moving target.
Localize to monetize
Make a use of GPS &
localisation
Gigaom: 34% Asian
apps are popular only in
APAC
HEBS:
Calls drive 6/10 of
mobile transactions
Starwood:
Mobile users are
20x more likely
to click on a map
HEBS: 1/3 of
mobile search has
local content
Use local languages
& currency
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Our inspiration measured
1. Map: +20% engagement (in 1w)
2. Currency localisation: 42% manual 81% automatically targetted
3. Localise offer : +16% in the final step of our funel
4. Tap to call: 30%+ finalized booking
5. Redesign sharing: 210% referral increase
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Do you enable
quick and
safe mobile
booking?
Payvia: 44% see slow
check-out as a transaction failure
Derek Nelson: 74% mobile users will leave if the transaction takes too long
Mastercard: 34% Asian mobile users trust local payment providers more
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Good feelings - more bookings
Full integration
Localize
Speed
Alternative payments
No Notifications
Connectivity issues
Double payments
Fraud
Excessive security measures
(3D authorization)
Fail:
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Defining effective monetization strategy
The checklist: Understood mobile user
Inspired
Collected payment