personalizing the online travel experience
DESCRIPTION
Watch the webinar: http://monetate.com/webinar/personalizing-the-online-travel-planning-purchase-process/ Learn how to drive relevant digital customer experiences by turning data into action. Join Carroll Rheem, Senior Director, Research at PhoCusWright, and Kurt Heinemann, Chief Marketing Officer at Monetate, as they discuss how understanding website visitor behavior and your unique customer segments enables you to deliver the right message, to the right customer, at the right time. Come away with a better understanding of the value of providing website visitors with engaging and relevant content to increase booking rates and revenue. You’ll also learn: • How to overcome challenges regarding customer segmentation; • Effective ways to make inventory easy to find and easy to purchase; and • Proven best practices in website testing and optimization, including how to deliver rich experiences across your entire website. Presenters: • Carroll Rheem, Senior Director, Research, PhoCusWright • Kurt Heinemann, Chief Marketing Officer, MonetateTRANSCRIPT
Personalizing the Online Travel Experience
October 18, 2012 | 2:00 pm ET
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Toll: +1 (415) 655-‐0069 Toll-‐free: (877) 568-‐4108 Access Code: 882-‐677-‐957
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Today’s Presenters
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Carroll Rheem Director, Research PhoCusWright
Kurt Heinemann Chief MarkeTng Officer Monetate
Carroll Rheem Director, Research @PhoCusWright
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Personalizing the Online Travel Experience
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Carroll Rheem Director, Research @PhoCusWright
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Thank You
Kurt Heinemann Chief MarkeTng Officer @Monetate
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Personalizing the Online Travel Experience
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What is Relevance?
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What is Relevance?
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PersonalizaNon Drives Revenue
• Seat/room upgrades • Room upgrades
Source: IdeaWorks
• Pre-‐ and in-‐flight services • Baggage fees
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PersonalizaNon Drives Revenue
Ancillary fees may drive in revenues but can damage the experience. Be thoughdul in what you charge for and how its packaged.
Source: PricewaterhouseCoopers
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Old School PersonalizaNon
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PersonalizaNon Challenges
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PersonalizaNon Challenges
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PersonalizaNon Challenges
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PersonalizaNon Challenges
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PersonalizaNon Challenges
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Secrets of Relevance
• Understand who you are talking to.
• Use customer loyalty to your advantage.
• Know the device. • Leverage locaTon. • Maintain the scent trail.
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Understand Who You are Talking to
CreaTng narraTve personas of each of your main traveler segments will help you determine what’s important to them… and create a relevant online customer experience.
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Use Loyalty to Your Advantage
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Use Loyalty to Your Advantage
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Know the Device
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Leverage LocaNon
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Leverage LocaNon
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Maintain the Scent Trail
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More Secrets of Relevance
• Use prior session data and real-‐Tme behaviors.
• Make more impact with benefit not price.
• Look at the experience through the consumers’ eyes.
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Prior Session and Real-‐Nme Data
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More Impact with Benefit, Not Price
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More Impact with Benefit, Not Price
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Your Relevance Game Plan
• Pick some targets (start with the low hanging fruit).
• Test new ideas. • Learn quickly and iterate. • Find those “Goldilocks moments.”
• Try and try again.
Thank You
Kurt Heinemann Chief MarkeTng Officer @Monetate
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QuesNons & Answers
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Personalizing the Online Travel Experience