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©2016 PROS, Inc. All rights reserved. Confidential and Proprietary. How PROS addresses the customer experience challenges of the group sales process THE GROUP SALE CUSTOMER EXPERIENCE Alberto Carlos Hinke Director Strategic Consulting – Travel PROS, Inc.

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Page 1: THE GROUP SALE CUSTOMER EXPERIENCE -  · PDF fileTHE GROUP SALE CUSTOMER EXPERIENCE ... Offer #1: $495 Non-stop Depart: 9am ... price curve •Strategically Contracted

©2016 PROS, Inc. All rights reserved. Confidential and Proprietary.

How PROS addresses the customer experience challenges of the group sales process

THE GROUP SALE CUSTOMER EXPERIENCE

Alberto Carlos HinkeDirector Strategic Consulting – TravelPROS, Inc.

Page 2: THE GROUP SALE CUSTOMER EXPERIENCE -  · PDF fileTHE GROUP SALE CUSTOMER EXPERIENCE ... Offer #1: $495 Non-stop Depart: 9am ... price curve •Strategically Contracted

©2016 PROS, Inc. All rights reserved. Confidential and Proprietary.

The Group Sale Customer Experience

1 Why does the Group Sale Customer Experience Matter?

2 What are the Challenges with the Group Sale Customer Experience?

3How does the PROS Group Sales Optimizer Transform the Customer Experience?

Page 3: THE GROUP SALE CUSTOMER EXPERIENCE -  · PDF fileTHE GROUP SALE CUSTOMER EXPERIENCE ... Offer #1: $495 Non-stop Depart: 9am ... price curve •Strategically Contracted

©2016 PROS, Inc. All rights reserved. Confidential and Proprietary.

Turn Big

Data into

Big

Business

Embrace

the

Mobile

Mind Shift

Transform

the

Customer

Experience

Accelerate

your Digital

Business

Source: Forrester Research, Inc.

AGE OFTHE CUSTOMERAGE OF THE CUSTOMER

The Most Profound Trend in Business Today

Page 4: THE GROUP SALE CUSTOMER EXPERIENCE -  · PDF fileTHE GROUP SALE CUSTOMER EXPERIENCE ... Offer #1: $495 Non-stop Depart: 9am ... price curve •Strategically Contracted

©2016 PROS, Inc. All rights reserved. Confidential and Proprietary.

By 2020, customer experience will overtake price and product

as the key brand differentiator.

• Walker Information, Inc. (2016)

Loyal customers are 5x as likely to repurchase, 5x as likely to forgive,

7x as likely to try a new offering, and 4x as likely to refer.

• Temkin Group, Published: 15 January 2016

Why Customer Experience Matters

Page 5: THE GROUP SALE CUSTOMER EXPERIENCE -  · PDF fileTHE GROUP SALE CUSTOMER EXPERIENCE ... Offer #1: $495 Non-stop Depart: 9am ... price curve •Strategically Contracted

©2016 PROS, Inc. All rights reserved. Confidential and Proprietary.

Challenges with the Customer Experience

Inefficient

Inaccurate

OutdatedINCONSISTENT PRICING

MANUAL

PROCESSES

INCORRECT LIST

PRICING

INCONSISTENT

CONTRACT

ENFORCEMENT

TOO MANY

ITERATIONS

LONG WAIT TIMES

FRUSTRATED

CUSTOMERS

INCORRECT

AVAILABILITY

UNDERVALUED

CAPACITY

Page 6: THE GROUP SALE CUSTOMER EXPERIENCE -  · PDF fileTHE GROUP SALE CUSTOMER EXPERIENCE ... Offer #1: $495 Non-stop Depart: 9am ... price curve •Strategically Contracted

©2016 PROS, Inc. All rights reserved. Confidential and Proprietary.

What the Customer Experiences Today

CustomerTravel

AgencySales

Group Desk / Pricing

Group RM

RM Pax RES

Group Request:

ATL -LAS 20 Pax

Nonstop

Round-trip

1-Nov to 4-Nov

Depart: 9am

Arrive: 12noon

Request $400

NO - $495

BKG

Too much!

What else?

No

overnight!

What else?

Yes

Page 7: THE GROUP SALE CUSTOMER EXPERIENCE -  · PDF fileTHE GROUP SALE CUSTOMER EXPERIENCE ... Offer #1: $495 Non-stop Depart: 9am ... price curve •Strategically Contracted

©2016 PROS, Inc. All rights reserved. Confidential and Proprietary.

Challenges with the Customer Experience

Inefficient

Inaccurate

OutdatedINCONSISTENT PRICING

MANUAL

PROCESSES

INCORRECT LIST

PRICING

INCONSISTENT

CONTRACT

ENFORCEMENT

TOO MANY

ITERATIONS

LONG WAIT TIMES

FRUSTRATED

CUSTOMERS

INCORRECT

AVAILABILITY

UNDERVALUED

CAPACITY

Page 8: THE GROUP SALE CUSTOMER EXPERIENCE -  · PDF fileTHE GROUP SALE CUSTOMER EXPERIENCE ... Offer #1: $495 Non-stop Depart: 9am ... price curve •Strategically Contracted

©2016 PROS, Inc. All rights reserved. Confidential and Proprietary.

Transforming the Customer Experience

CustomerGroup

websiteGroupSales

Optimizer

RES

PROS would return a set of dynamic offers:

ATL-LAS 20 Pax Round-trip1-Nov to 4-Nov

Offer #1: $495Non-stopDepart: 9amArrive: 12noonChange fee: $10024 hour hold: free

...

Offer #2: $380One-stopDepart: 1pmArrive: 5pmChange fee: $10024 hour hold: free

...

Offer #3: $290One-stopDepart: 10pm

Arrive: 8am +1Change fee: $10024 hour hold: free

BKG

Group Request:

ATL - LAS 20 Pax

Nonstop

Round-trip

1-Nov to 4-Nov

Offer #2: $380One-stopDepart: 1pmArrive: 5pm

Change fee: $10024 hour hold: free

Page 9: THE GROUP SALE CUSTOMER EXPERIENCE -  · PDF fileTHE GROUP SALE CUSTOMER EXPERIENCE ... Offer #1: $495 Non-stop Depart: 9am ... price curve •Strategically Contracted

©2016 PROS, Inc. All rights reserved. Confidential and Proprietary.

How PROS Transforms the Customer Experience

Improved Efficiency

Better Accuracy

Leading TechnologyCONSISTENT

PRICE STRATEGIES

SELF-SERVICEDYNAMIC

PRICING

CONTRACT

MANAGEMENT

LESS ITERATIONS

FASTER CLOSURE

IMPROVE

CUSTOMER

SATISFACTION

CAPTURE INCREMENTAL

REVENUE

SYNCHRONIZED

AVAILABILITY

Page 10: THE GROUP SALE CUSTOMER EXPERIENCE -  · PDF fileTHE GROUP SALE CUSTOMER EXPERIENCE ... Offer #1: $495 Non-stop Depart: 9am ... price curve •Strategically Contracted

©2016 PROS, Inc. All rights reserved. Confidential and Proprietary.

Revolutionizing Group Sale Customer Experience

• Policy Management for dynamic pricing

• Manual Review of Requests

• POS/POC Simulation

• Group Allotments

• Group Analytics

• Terms and Conditions

• Deposit Deadlines, TTL

• Alerts

• Real Time Dynamic Pricing respecting Sales and RM policies

• Offer sheet for on-the-spot decision

• Real Time Feed for Airline Web Site

• Central location to Request and Review Quotes

• Supports all channels, including TAs and direct groups

• Booking Management

• Shared Communication across all areas

• CRM Capabilities

• Policy Management for dynamic pricing

• Group Sales Analytics

Sales Management

Dynamic Pricing

Revenue Management

Contract Management

Page 11: THE GROUP SALE CUSTOMER EXPERIENCE -  · PDF fileTHE GROUP SALE CUSTOMER EXPERIENCE ... Offer #1: $495 Non-stop Depart: 9am ... price curve •Strategically Contracted

©2016 PROS, Inc. All rights reserved. Confidential and Proprietary.

Revolutionizing Group Sale Customer Experience

Sales Dynamic PricingRevenue

ManagementContract

• Central location to Request and Review Quotes

• Supports all channels, including TA’s and direct groups

• Booking Management

• Shared Communication across all areas

• CRM Capabilities

• Policy Management for dynamic pricing

• Group Sales Analytics

• Real Time Dynamic Pricing respecting Sales

and RM policies

• Offer sheet for on-the-spot decision

• Real Time Feed for Airline Web Site

• Policy Management for dynamic pricing

• Manual Review of Requests

• POS/POC Simulation

• Group Allotments

• Group Analytics

• Terms and Conditions

• Deposit Deadlines, TTL

• Alerts

Page 12: THE GROUP SALE CUSTOMER EXPERIENCE -  · PDF fileTHE GROUP SALE CUSTOMER EXPERIENCE ... Offer #1: $495 Non-stop Depart: 9am ... price curve •Strategically Contracted

©2016 PROS, Inc. All rights reserved. Confidential and Proprietary.

• Real-Time Pricing Methodology

− Applies business strategies to the pricing

− Allows airline to differentiate pricing by Agency tier

• Dynamic and Scientific

− Removes restrictions of static price points

− Supports multiple pricing methodologies

− Calculates lowest optimal price for multiple products

− Price points are calculated from a continuous price curve

• Strategically Contracted

− Configurable terms based on the products

− Contractually bond to the terms of the agreement

Dynamic Pricing is Key

Dynamic Pricing

Contract Management

RevenueManagement

Sales Management

Page 13: THE GROUP SALE CUSTOMER EXPERIENCE -  · PDF fileTHE GROUP SALE CUSTOMER EXPERIENCE ... Offer #1: $495 Non-stop Depart: 9am ... price curve •Strategically Contracted

©2016 PROS, Inc. All rights reserved. Confidential and Proprietary.

• Direct Customers

− Integrate Airline Website

− Streamline Customer Experience

• Travel Agents

− Self-Service Booking

− Manage Groups

− Receive Contract Notifications

• Group Sales Desk

− Manage Key Agency Accounts

− Handle Competitive Scenarios

− Manage Contract Terms

• Revenue Management

− Manage Market Strategies

− POS/POC Simulations

− Process Escalations

− Analyze Group Revenue

• The Airline Business

− Accelerated Deal Closure and Management

− Integrated Business Environment

− Improve Customer Experience

− Building Customer Loyalty

− Increasing Group Traffic

Who Benefits?

The

CustomerThe Analysts

and UsersThe Airline

Page 14: THE GROUP SALE CUSTOMER EXPERIENCE -  · PDF fileTHE GROUP SALE CUSTOMER EXPERIENCE ... Offer #1: $495 Non-stop Depart: 9am ... price curve •Strategically Contracted

©2016 PROS, Inc. All rights reserved. Confidential and Proprietary.

PROS is Leading this Transformation

• Improved booking management

• Real-time evaluation

• Enhanced offer alternatives

• Dynamic and scientific pricing

• Strategic contract policies

• Automatic contract generation

• Web sales interface can support all channels

• Proactive monitoring and alerting

• Single source of information for all departments

• Collaboration between partners and alliances

Page 15: THE GROUP SALE CUSTOMER EXPERIENCE -  · PDF fileTHE GROUP SALE CUSTOMER EXPERIENCE ... Offer #1: $495 Non-stop Depart: 9am ... price curve •Strategically Contracted

©2016 PROS, Inc. All rights reserved. Confidential and Proprietary.

PROS is Leading this Transformation

• Improved booking management

• Real-time evaluation

• Enhanced offer alternatives

• Dynamic and scientific pricing

• Strategic contract policies

• Automatic contract generation

• Web sales interface can support all channels

• Proactive monitoring and alerting

• Single source of information for all departments

• Collaboration between partners and alliances

Partner A

Partner B

Partner C

Airline Group

GSO

Page 16: THE GROUP SALE CUSTOMER EXPERIENCE -  · PDF fileTHE GROUP SALE CUSTOMER EXPERIENCE ... Offer #1: $495 Non-stop Depart: 9am ... price curve •Strategically Contracted

©2016 PROS, Inc. All rights reserved. Confidential and Proprietary.