RVC 2013: Trading Successes, Closing the Sale

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TRADE SUCCESSES: CLOSING THE SALE Greg Klassen, Senior Vice President, CTC

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Market Update Presentation by Greg Klassen, Trading Successes: Closing the Sale at Rendez-Vous Canada 2013 in Ottawa

Transcript of RVC 2013: Trading Successes, Closing the Sale

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TRADE SUCCESSES: CLOSING THE SALEGreg Klassen, Senior Vice President, CTC

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Understanding the Consumer’s Journey to CanadaAre we spending our

marketing/sales money in all the right places?

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TO

CONVERSION

But, WE NEED TO MOVE TRAVELLERS

FROM

AWARENESS

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BrandCanada

4

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TOURISM’S MODEL: OLD THEORY

AWARE OF BRAND

ON FUTURE GENERAL LIST

ON SERIOUS CONSIDERATION LIST

PLANNING A PURCHASE

BUY

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FOUR KEY STAGES

EXPLORING CANADA

ADVOCACY

CONSIDERATION EVALUATION

PURCHASEADVOCACY

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ENGAGING TRADE AS A CHANNEL

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76% of all purchase decisions are made

in-store

POPAI 2012 Study(Global Association for

Retail Marketing)

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Communications at Point Of Sale have a huge influence on

consumers and often overturn original

brand choice

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Travel is no different

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Canada has very high awareness and

consideration but when it comes to purchase stage,

we are vulnerable with 41% of consumers considering alternative destinations

Source: Insignia Research - Path-to-Purchase Study 2010

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• Retail plays a huge role at point of purchase but also in evaluation and planning.

• Tour operators and online booking channels help consumers research prices, stimulate travel ideas, explore trip feasibility and get feedback from other travellers.

• Canada’s role here is to keep the conversation on Canada and not alternate destinations. 

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• Product and destination knowledge outranks price as to reasons why clients book their travel through a travel agent rather than online travel agencies or directly though the supplier

Source: Ensemble Travel Group Survey 2012

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“Clients of travel agents book more trips, travel longer, and

spend more money.”

Source: Ensemble Travel Group Survey 2012

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• In 2010, 28% of online bookers were interested in using a travel agent for their next trip, a 5% increase from 2008

• Simultaneously, the 53% of leisure travellers that used the Web to book their vacations in 2007 dropped to 46% in 2009

Source: Forrester Research 2010

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Travel trade100+ key accounts

Almost 12,000 CSP agents actively selling Canada

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Partnered shows and events

RVC generated

nearly $350M in

contracts in 2012

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SNAPSHOT: TRAVEL TRAVE EVENTS

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Partnered programs

Co-location

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KEY ACCOUNT MANAGEMENT

Selection Criteria:

• Ability to influence key accounts product/promotions• Product contracts—direct or through receptives• Growth Potential• Collateral and catalogues reflect Canada Brand/EQ• Consideration of SEC program• Leverage CTC marketing, logo, web linkages• Total Volumes to Canada/Percent of overall business

to Canada

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KEY ACCOUNT MANAGEMENT

Selection Criteria:• Embrace CSP • Partner Marketing ratio on

investment• Brochure pages assigned to

Canada• Alignment of Canada priorities• Track and reporting results

Top 5 are A accounts, others B and CTotal Key Accounts: 200+

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Canada’s largest FAM ever!

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CANADIAN SIGNATURE EXPERIENCES EVENTS AROUND THE WORLD

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Canada Shared, Canada Squared Event

30+ Canadian Signature Experiences Collection introduced to the trade in London

Small roundtables with CSE’s and trade

Speed dating sessions with UK tour operators, media and CSP’s

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Receptive Tour Operator Partnerships

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AMBASSADOR CANADA2011 Workshop Session @ Sonora Resort

2012 Workshop Session @ CMH Bugaboo Lodge

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RENDEZ-VOUS CANADA

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THANK YOU