Science of Digital Marketing

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The Science of Digital Marketing Robert A. Rauch, CHA HotelGuru.com

Transcript of Science of Digital Marketing

Page 1: Science of Digital Marketing

The Science of Digital Marketing

Robert A. Rauch, CHA

HotelGuru.com

Page 2: Science of Digital Marketing

The use of digital sources based on electronic signals like Internet, digital display advertising and other digital media such as television and radio.

Digital Marketing

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Digital Marketing Trends

• Online Booking

• Mobile Bookings

• More Sophisticated Revenue Management

• Distribution Channel Management

• Social Media

• Internet Marketing

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Online BookingsMore than 128.8 million people will research travel online this year

63 percent of travel is made on the internet

Photo Credit: Buuteeq.tumblr.com

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Mobile Bookings

31.6 percent will actually book their travel on mobile device

47 percent of travelers will research travel options using their

mobile device online this year

Photo:Marriott.com

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How to Maximize Mobile Growth

• Deliver well targeted information• Provide quick and easy booking options• Create a mobile app to enhance the user

experience

Photo Credit: Openhotel.com

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Distribution Channel ManagementHoteliers must preserve rate parity and their brand by utilizing the most cost-effective distribution channels, instead of using desperate measures to sell inventory.

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Social Media Marketing• Capitalize on guest created content• Create a virtual concierge through the property’s website

or other digital app• Implement concise and impactful videos to enhance

dramatic imagery • Utilize content marketing and real-time marketing • Give your brand an informal and youthful voice to develop

better relationships with guests

90% of travelers trust

recommendations from their friends and family more than any advertising

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Social Media Continue to transform

connections with travelers

• Half the travel industry currently engages with travelers via social media

• Social media helps a website’s ability to rank

• Guests buy based on loyalty which social media content and engagement helps build on

• Conversational Marketing

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Internet Marketing

• Fill gaps and gain visibility

• Double online promotions in addition to brand sites

• Enhance Search Engine Marketing (SEM) Focus on Search Engine Optimization (SEO) Prioritize quality content above all else Pay Per Click (PPC) campaigns when necessary

Develop a proprietary web site

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The Path Forward

• Be prepared to respond to all these trends and more

• Establish market presence and a level of sophistication

• Travelers are looking for the best value propositions

• Consumer demand is pushing for hotels to make upgrades and improvements

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{

• Size of market hinges on the number of buyers.

• Market potential is the maximum amount of revenue in the market

The Bottom Line

Estimate the Market Potential

X= nrp

where n = number of buyers

r = number of room nights

p = price per room night

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Now is the time to develop your marketing strategy

Read more on digital marketing in

the hospitality industry here

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Thank You

@truehotelguru

HotelGuru.com

Robert A. RauchCEO & Founder, RAR Hospitality