Structuring data in Travel industry (Framework)

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Structuring data in Travel industry building a framework for data acquisition in travel industry

Transcript of Structuring data in Travel industry (Framework)

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Structuring data in Travel industrybuilding a framework for data acquisition in travel industry

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Worst nightmare of tourism industry

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How many times have you met savvy traveller?

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Advertising

Lead(s)

Transactions(Revenue)

ConversionsTelephone calls

Newsletter

Booked (Reserved) item

Organic Search

Paid Search

Banners

Direct traffic

Newsletter

Web siteAcquisition

Behaviour(of visitors)

Outcomes

Social Networks

Journey

Micro conversions

Audience

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What’s behind?

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All this is called marketing stack - providing tech required for

operations.

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Complexity comes with so many different media channels

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This is hard / complex / ridiculous!

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Any system to be useful must be feed with good data

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Lets simplify system

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Lets focus on people and their needs

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Advertising

Organic Search

Paid Search

Banners

Direct traffic

Newsletter

Web site

Acquisition

Social Networks

Audience

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Advertising

Organic Search

Paid Search

Banners

Direct traffic

Newsletter

Web site

Acquisition

Social Networks

Audience

Over here!!!

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Web site

The place where magic happens

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Web siteUser comes in User finishes purchase

Simplified process

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Dictionary of digital analytics and marketing

Users Sessions Hits Behaviour Demographics Interests Remarketing Retargeting Deep linking Transactions

Traffic sources Cookies Variables Data Layer Advertising Sales Goals Events Funnel Drop rates

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Key business objectives in Travel industry (for Internet)

Purchases Marketing ROI Drop rates per step Return rates Repetitive purchase Loyalty Canceled orders Attribution Domestic to international booking ratio

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What is travel?

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From

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From To

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From To Back

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From To Back

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From To Back

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From To Back

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Important notice

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Framework allows you to track & understand people intentions

and ideas before purchase and their buying habits

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From To Back

Time & Location

now

advance purchase

duration of stay

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From To Back

Service offering

nowbefore trip on

location on way backduring

trip

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From To Back

Value of customer

now durationduration

advanced

on time

in a hurry

long >1M

medium > 1W

short < 1W

Loyal?

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Never forget the structure of travellers

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…and their class preference

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From To Back

Structure of party & class

now$ Risk

eval

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Framework is the answer to…

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What information to acquire in order for your data to be

meaningful and to draw actions through it…

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…and to structure data about clients- understanding their intentions.

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Time & location Service offering Value of customer Structure of party & Class

From - To Locations Return decision

Services according to purchase flow

Based on days in advance and duration of travel

Based on people and travel type

Booking dateDays in advance Duration of travel

• before trip • during trip • on location and

on way back

Defining value segments of customers

• Structure of people traveling

• Travel class • Risk score

Intentions & conversions

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Time & location Service offering Value of customer Structure of party & Class

From - To Locations Return decision

Services according to purchase flow

Based on days in advance and duration of travel

Based on people and travel type

Booking dateDays in advance Duration of travel

• before trip • during trip • on location and

on way back

Defining value segments of customers

• Structure of people traveling

• Travel class • Risk score

Intentions & conversions

Dimension

Metric Product category Product detailsDimension

Metrics

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Utilising Google Analytics functionalities

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• Custom dimensions

• Custom metrics

• Enhanced E-Commerce (product details)

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Each step in purchase process will be enriched with additional information for you

to analyse and utilise.

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… or any other system

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Based on collected and stored information you will be able to…

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• Use advanced Segmentation

• Create very precise remarketing lists based on segments

• Use your marketing stack in more efficient manner

• Analyse shopping behaviour better

• Understand client needs and intentions

• Provide infrastructure for deep linking

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Integration into marketing models

A I D A

Intelligence layer of intentions and purchases

A I D C A S T I R E A

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Questions?

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IVAN REČEVIĆGoogle Certified Trainer Marketing technologist Consultant

[email protected] http://gaia.rs