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Group Marketing Solutions

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Page 1: Group Marketing Solutions

Group Marketing Solutions

Page 2: Group Marketing Solutions

Agenda

Digital Marketing in Group Business

Core Positioning Opportunities

Targeted Ads

RFP Showcase

DMO-Specific Opportunities

Page 3: Group Marketing Solutions

What tactics do you currently deploy to attract planners?

Page 4: Group Marketing Solutions

Digital Marketingin Group Business

Page 5: Group Marketing Solutions

Buyers Have Changed

of the buyer’s journey is now done digitally

67%of the time cold

calls do not work*7% worse every year

since 2010

97%of B2B purchasers

influenced by social media

75%Connect & Sell 2012

Copyright 2013 LinkedIn Corporation. All Rights

Reserved.

Sirius Decisions2013

What once worked, will not work anymore

Sources: IBM Buyers Preference Study 2011

Corporate Executive Board 2012

Page 6: Group Marketing Solutions

Online Sourcing Tool 38%Search Engine 29%Direct to Venue 17%

Peer Recommendation 12%Other 4%

38% of planners begin their venue sourcing with an online sourcing tool

Page 7: Group Marketing Solutions

Marketing Goes DigitalAbility to calculate true ROI

The cost of scaling is cheaper

True integration with other digital channels

Page 8: Group Marketing Solutions

Pain PointsYou don’t know where to invest your budget to reach particular planner segments

You want to know where you get the highest ROI in group business

You need more qualified leads

Page 9: Group Marketing Solutions

Core Positioning Opportunities

Page 10: Group Marketing Solutions

Cvent Hospitality CloudMultiple RFP Generating Solutions Connected to a Single System

Corporate/Enterprise/Third-Party Audience

Luxury Audience

Occasional Meetings Audience

Page 11: Group Marketing Solutions

Premium Placement

Diamonds are Everyone’s Best Friend

Page 12: Group Marketing Solutions

Premium Placement

4 Diamond

3 Diamond

2 Diamond

Diamonds are Everyone’s Best Friend

Page 13: Group Marketing Solutions

RFPs Received v. Venue Listing

Venue Listing

RFP

s R

ecei

ved

Page 14: Group Marketing Solutions

Stronger Content

Diamonds are Everyone’s Best Friend

Page 15: Group Marketing Solutions

Awareness Mode Marketing

Cvent Blog Sponsorship Leverage the powerof blogginghospitality.cvent.com

• 30,000+ visitorsper month

• 24% of traffic is from visitors returning within 1 day

Page 16: Group Marketing Solutions

Awareness Mode Marketing

Cvent NewsletterStay top-of-mind with meeting planners

• Circulation of over 164K meeting planners

• Showcase news (renovations or new openings)

• Run exclusive offers and promotions

Page 17: Group Marketing Solutions

Promotions Hub95% of event planners look for a promotion during the sourcing process

60% of plannerssay promotions influence their final booking decision

Page 18: Group Marketing Solutions

Bundles are a supplier’s best friend

$1Spent on a 4

Diamond Listing

$112Gives you a potential return on spend of $1

Spent on a 4

Diamond + Bundle

$163Gives you a potential return on spend of

+

Source: Cvent data 2013

Page 19: Group Marketing Solutions

$171,360 Average hotel spend per event

$225 Average room rate

147 Average peak room block

40 Average number ofevents planned annually

elitemeetingsalliance.com

Planner Attendee Profile

Page 20: Group Marketing Solutions

ELITE MEETINGS MAGAZINE• Cover to cover redesign

• Must have for planners

• Distributionincreasing to 50k

• Featuring the besthotels and resortsfor groups

IN PRINT

Page 21: Group Marketing Solutions

Targeted Ads

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Your Ad Appears During Planner’s RFP Process & Comp Venue Profiles

Drive More Qualified RFPs To Your Property

Increase Brand Awareness

Options Include Comp Set & Comp Market Suggest Ads

Suggested Ads

ROI

10.5x

Page 23: Group Marketing Solutions

Ad shows as an alternate venue option on search results outside of your MMA

Competitive Market Ads

Page 24: Group Marketing Solutions

Cvent’sVideo Ad Retargeting

Show your video to qualified planners who visit our sourcing sites then watch YouTube or visit a Google Affiliated site

Planner targeted ad unit outside of Cvent, but utilizing our planner reach

Video, mobile & companion banner in one

Only pay when 30 seconds of your video is viewed

Targeted ad unit outside of Cvent, but utilizing our planner reach

Page 25: Group Marketing Solutions

RFP Showcase

Page 26: Group Marketing Solutions

A Marketplace of Planner RFPsProactively find opportunities

See only RFPs relevant to your property

Establish new planner relationships

“Have Need Dates?”

Page 27: Group Marketing Solutions

RFP Showcase Stats to Date

14K+ RFPs

1.7M+ Room Nights

Almost $700M ofRFP Value

Page 28: Group Marketing Solutions

DMO-Specific Opportunity

Page 29: Group Marketing Solutions

CVB Copy Feature

When sending an RFP to a particular metro area or destination, the planner will be asked if they would like

to copy a local destination expert.

Page 30: Group Marketing Solutions

Key Takeaways

Digital marketing is the key to successful planner acquisition

Have a core marketing structure with Diamonds

New ad units: Suggested, Competitive Market & Video Retargeting

A new marketplaceto proactively findgroup business

Page 31: Group Marketing Solutions

Thank You