the state of online marketing & how to dominate the universe
DESCRIPTION
The online customer journey for lodging reservations has grown more complex over the years. Many visitors prefer to read reviews on TripAdvisor or visit your property website more than once before they commit to reserving a room. It’s important to understand how various online channels such as organic, social, paid and other traffic drivers can influence the customer’s purchase decision and assist in generating online revenue. Join Liz Day, Digital Marketing Account Manager from RezStream, as she breaks down how these online channels can help your property attract, acquire and retain guests.TRANSCRIPT
The State of Online Marketing & How to Dominate the Universe
Liz Day
• About Me• The State of Online Marketing • Online Channels & Roles– Direct – Organic – Paid – Referral – Social Media – Email Marketing
• Final Thoughts
Overview
About Me
• Liz Day • Digital Marketing Account Manager at
RezStream• California Born, Illinois Raised and
Colorado Transplant • Dog Enthusiast, Not Yet Owner
About Me
• RezStream has been providing solutions to the B&B market since the company was founded in 2005.
• Majority of our clients are independently owned properties with 50 rooms or less.
• We have been supporters of PAII since 2005! • RezStream’s hospitality solutions include: • Reservation Software • Online Booking Engine • Website Design Services • Digital Marketing Services • Other Services Include GDS, Photography & Videography
The State of Online Marketing
• The online customer journey has become more complex over the years.
• Customers may interact with your brand multiple times utilizing various online channels before reaching their purchasing decision.
• Understanding your online channels and roles will allow you to measure the performance which will empower you to work smarter.
The State of Online Marketing
• When it comes to website tracking, an online reservation is credited to the last channel that referred the visitor when he/she converted.
• The problem with this is that it does not paint an accurate picture of what’s effective if visitors are utilizing more than one source to reach that “buying decision.”
The State of Online Marketing
• Google Analytics offers Multi-Channel Funnels reporting to show you how your marketing channels (including sources) that work to generate online reservations.
• Multi-Channel Funnels reports include assisted conversions, associated to channels/sources, top conversion paths, time lag and path length of customers journeys.
The State of Online Marketing
The State of Online Marketing
• Do you know if majority of your online reservations come from customers making a booking with only one brand interaction or multiple?
Online Channels & Roles
• Online marketing channels influence the customer at different points in the path to purchase.
• Direct • Organic• Paid• Referral • Social Media • Email Marketing
Direct
• Direct traffic includes visitors who are accessing your website directly. This can be done by either bookmarking or typing your property’s URL into their browser.
• The Direct channel is used 62% of time as the last interaction in the buyer’s customer journey.
• Nurture returning guests by engaging with them on other marketing channels, i.e. Social Media, Email Marketing.
Organic
• Organic traffic is referrals from search engines such as Google, Bing and Yahoo! These listings are referred to as “natural.”
• The Organic channel is used 59% of time as an “assist” interaction in the buyer’s customer journey.
• A significant percentage of converting branded phrases that show up in your analytics may in fact be downstream from the online research phase.
• Industry research shows that 86% of buyers begin their buyer experience cycle process with a non-branded search.
Organic
Last Interaction Conversions
11%
Assist Interaction Conversions
89%
Organic Non-Branded Conversions Breakdown
Organic
• In addition to executing Search Engine Optimization to attract last interaction conversions, engage the buyer early in the buying cycle, i.e. Awareness Consideration Intent • Create content that will help educate and inform the buyer so he/she can feel
confident in making a purchasing decision.
Paid Search
• Paid Search or Pay-Per-Click (PPC) allows a property to receive immediate exposure in the search results for specific keyword phrases. The advertiser only pays when someone clicks on an ad.
• The Paid Search channel is used 61% of time as an “assist” interaction in the buyer’s customer journey.
Paid Search
• Paid Search Referred 53 “Direct” Online Bookings
• Paid Search “Assisted” in 60 Online Bookings
• Combining “Direct” and “Assisted”, Paid Search’s Online Bookings Totaled to 113.
Paid Search
Referral
• Referral traffic includes any visitors landing on your website from other websites. *This excludes Search Engine referrals.
• The Referral channel is used 50% of time as an “assist” interaction in the buyer’s customer journey.
• A healthy Referral channel should comprise of both Paid and Non-Paid sources.
Last Interaction Conversion
Assist Interaction Conversion
Referral
Referral
Social Media
• Social traffic includes any referral from a Social Media Network. • The Social channel is used 84% of time as an “assist” interaction in the buyer’s
customer journey.• Social Media is the hybrid of customer service and marketing! • Social Media can target new audiences, stimulate website visitors, interactions
and bookings. In addition, it serves as a hub to resolve customer service issues.
“93% of Marketers Utilize Social Media in Overall Marketing
Strategy!”
“Facebook Has More Than Over
725 Million Active Daily Users!”
• More and more, Social and Search are continuing to converge! • Businesses leveraging Social Media are being rewarded by receiving
exposure!
Social Media
Email Marketing
• Email Marketing traffic includes any referral from an Email Marketing campaign.
• The Email Marketing channel is used 78% of time as an “assist” interaction in the buyer’s customer journey.
• Developing a robust and effective Email Marketing strategy can assist in the following: • Recruiting & Retaining Customers • Selling Directly to Customer Base • Receiving Further Data about Customer Base
Final Thoughts
Final Thoughts
• Invest in Multiple Marketing Channels to Dominate • Utilize Google Analytics to Track Channel Success, i.e. Multi-
Channel Funnel Reports • Review Assist Interaction and Last Interaction Conversions• Invest in Both “Assist” and “Last Interaction” Marketing Channels • Nurture Direct Traffic Utilizing Other Marketing Channels • Invest in Branded and Non-Branded Term Exposure via Paid
Search and Organic to Acquire New Customers & Retain Returning• Utilize Both Email Marketing and Social Media to Nurture
Existing Customer Relationships & Potential Customers
FREE ONLINE PROGRAM ANALYSIS!
• Website: www.RezStream.com • Email: [email protected] • Toll Free: 866.360.8210 ext. 1
• Social Media:• www.Facebook.com/RezStream• www.Twitter.com/RezStream• www.Plus.Google.com/+Rezstream• www.RezStream.com/Blog
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