Benefits of Social Media Marketing for the Hotels and Restaurants
Hospitality/Service industry
To many in the hotel and restaurant industry, social media marketing is still a “buzz word” with no practical benefits. A high percentage of hotels and restaurants still rely solely on referral or comparison websites to market their businesses online. There are different ways social media can be used to benefit the profitability of hotels and restaurants.
The potential for social media marketing to increase sales in this industry is huge. The question most hotel and restaurant operators ask is which platform should they be using for communications and reviews, the choice can be daunting.
Benefits of Social Media Marketing for the Hotels and Restaurants
1) Zero cost endorsement
Friends endorsements is one best advantages of social media marketing as the source of the endorsement is perceived to be the consumer’s friend. A like or share is a personal endorsement from a reliable and trusted source. The personal endorsement by a consumer is at zero cost to the hotel or restaurants.
2) Maximize revenue by promotions via social media
Many hotel and restaurant chains have started to offer promotions and special deals through the social media channels only.
Hilton hotel have offered special room deals specifically for their Facebook and Twitter followers. By rewarding consumers for linking their social media profiles to the hotels or restaurants, this further encourages the consumer to continue providing free advertisement over social media sites.
3) Increased Brand Recognition: Social media gives a hotel or restaurant and a very quick and effective opportunity to syndicate content and improve visibility. it is a channel that makes it easier for contents of the hotel or restaurant to reach new consumers and more recognizable for existing customers. Social media builds brand awareness and brand equity
4) Bond with guest: Many studies have proved consumers loyalty is higher to brands that engages them on social media networks. Hotels and restaurants that engages consumers on social media constantly have seen their revenue increase. Engaged customers spend more money and return back to hotel or restaurant more often
5) Personalisation of Customer service: Social media networks is a new opportunity for hotels and restaurants to personalise their customer service. The major hotels are using their Facebook pages to communicate with guests about local and hotel events. Twitter is a great tool to use as a virtual concierge to welcome guest and remind guest of reservations.
6) reach out to new customers : Build a buzz around your brand Without social media, the hotel or restaurant business can be limited to people already familiar with the brand. Every social media profile the business adds is another path leading back to your site, and every piece of content you syndicate on those profiles is another opportunity for a
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Hotels should use social media as part of their marketing
1. Generating Pipeline by Identifying and
Nurturing Prospects on Social Media
Become A Breath-taking Hotel
2. Generating Pipeline by Identifying and
Nurturing Prospects on Social Media
Social Media Marketing
3. • Cost-effective generation of large numbers
of small, focused campaigns
• Social Media prospecting gives a competitive
advantage.
• Implementing social media marketing solution
to improve prospect and customer online
communications.
• The ROI on social media marketing is
dramatic: It drives online room reservations
and gives a positive brand reputation.
3
“The time taken to
create communications
has been cut by
half. In the first 12
months we saved an
estimated £100,000.”
–Sales Premier Inn
Executive Summary
4. • Social Media marketing is a modern sales
technique in which hotels and leisure
companies identify prospects, nurture them,
and generate pipeline via social media.
• Reduce the time to create communications .
• Execute two-and-a-half times more
campaigns, whilst reducing overall marketing
costs.
• It has the highest lead to close conversion rate
of all prospecting techniques.
4
“Social selling sees about a
15% prospecting conversion
rate, at least 5 times greater
than the 3% prospecting
success rate from marketing
activities. ”
–Sales Benchmark Index
Solution: Social Media
5. • Shorten campaign cycles
• Reactivity rates can more than doubled by
social media .
• Percentage of subscriber’s that book rooms
are being directly influenced by social media
post about the hotel
5
Higher proportions of
potential customers check the
social media profile of hotels.
–IDG Connect
Why ItWorks
6. 6
How ItWorks
• Develop an online relationship marketing strategy
• Convert prospects into customers
• Build customer value through increasing the depth
of relationships
• Grow revenue from repeat bookings, cross-sales,
up-sales and referrals.
7. TheValue of Social Media
• Quota Attainment
• Improved Prospecting
• Better Marketing-Sales Alignment
8. • Social Media marketing by HBT Media will
strongly support and align with the hotel’s
targets and objectives.
• Social Media Marketing implementation will
contribute to corporate-wide objective of
driving growth by online reservations.
• Campaign responses and customer reactions,
will be analysed by HBT.
• Analysis of campaign statistics demonstrates
how HBT Media is adding value.
8
“Best-in-class companies are
92% more likely to provide
Sales with a voice in the
development of Marketing
content. ”
–Aberdeen Group
Marketing-Sales Alignment
9. WhereWe Stand
HBT Media will implement the marketing strategy based on the packages
your company has chosen.
Your company will provide content information to HBT Media
10. 10
Marketing-Sales Alignment
HBT Media Implementation requirement:
• Marketing shares created assets and hotel and travel
industry news with HBT Media
• Marketing provides HBT Media with sample messaging
for social media sharing
• A workflow for finding, curating, and sharing content
internally
• Creation of a centralized content library
• Monthly meetings to discuss content needs for Sales &
Marketing
• An editorial calendar for marketing activity based on
locality and events.
11. 11
Next Steps
0 3 months
STAGE 1STAGE 2STAGE 3
HBT Media
• Receive company’s information
for social media
• Launch the program
• Create a centralized content
library
• Identify “hits” and “misses”
• Evaluate and grow program
Social Selling Strategy
Development
• Select social selling package
• Identify companies core
needs.
• Develop best practices and
social media policy to meet
objective
• Create a content plan that
aligns with marketing
calendar
Initial Assessment
• Identify current successes
and areas for improvement
in Sales
• Begin evaluating core
products for social selling
• Begin developing list of
feature requirements
SOCIAL MEDIA MARKETINGSTAGE 1 T AGE 2Create a Buzz3
12. 12
Next Steps
0 3 months
STAGE 1STAGE 2STAGE 3
HBT Media
• Receive company’s information
for social media
• Launch the program
• Create a centralized content
library
• Identify “hits” and “misses”
• Evaluate and grow program
Social Selling Strategy
Development
• Select social selling package
• Identify companies core
needs.
• Develop best practices and
social media policy to meet
objective
• Create a content plan that
aligns with marketing
calendar
Initial Assessment
• Identify current successes
and areas for improvement
in Sales
• Begin evaluating core
products for social selling
• Begin developing list of
feature requirements
SOCIAL MEDIA MARKETINGSTAGE 1 T AGE 2Create a Buzz 3
13. 13
Next Steps
0 3 months
STAGE 1STAGE 2STAGE 3
HBT Media
• Receive company’s information
for social media
• Launch the program
• Create a centralized content
library
• Identify “hits” and “misses”
• Evaluate and grow program
Social Selling Strategy
Development
• Select social selling package
• Identify companies core
needs.
• Develop best practices and
social media policy to meet
objective
• Create a content plan that
aligns with marketing
calendar
Initial Assessment
• Identify current successes
and areas for improvement
in Sales
• Begin evaluating core
products for social selling
• Begin developing list of
feature requirements
SOCIAL MEDIA MARKETINGSTAGE 1 T AGE 2STAGE 3
14. 14
Next Steps
0 3 months
STAGE 1STAGE 2STAGE 3
HBT Media
• Receive company’s information
for social media
• Launch the program
• Create a centralized content
library
• Identify “hits” and “misses”
• Evaluate and grow program
Social Selling Strategy
Development
• Select social selling package
• Identify companies core
needs.
• Develop best practices and
social media policy to meet
objective
• Create a content plan that
aligns with marketing
calendar
Initial Assessment
• Identify current successes
and areas for improvement
in Sales
• Begin evaluating core
products for social selling
• Begin developing list of
feature requirements
SOCIAL MEDIA MARKETINGSTAGE 1 T AGE 2STAGE 3
15. 15
Next Steps
0
STAGE 1 STAGE 2 STAGE 3
HBT Media
• Receive company’s information
for social media
• Launch the program
• Create a centralized content
library
• Identify “hits” and “misses”
• Evaluate and grow program
Social Selling Strategy
Development
• Select social selling package
• Identify companies core
needs.
• Develop best practices and
social media policy to meet
objective
• Create a content plan that
aligns with marketing
calendar
Initial Assessment
• Identify current successes
and areas for improvement
in Sales
• Begin evaluating core
products for social selling
• Begin developing list of
feature requirements
STAGE 1 CONTENT MARKETING2 STAGE 3
16. 16
Next Steps
0
STAGE 1 STAGE 2 STAGE 3
HBT Media
• Receive company’s information
for social media
• Launch the program
• Create a centralized content
library
• Identify “hits” and “misses”
• Evaluate and grow program
Social Selling Strategy
Development
• Select social selling package
• Identify companies core
needs.
• Develop best practices and
social media policy to meet
objective
• Create a content plan that
aligns with marketing
calendar
Initial Assessment
• Identify current successes
and areas for improvement
in Sales
• Begin evaluating core
products for social selling
• Begin developing list of
feature requirements
STAGE 1 CONTENT MARKETING2 STAGE 3
17. 17
Next Steps
0
STAGE 1 STAGE 2 STAGE 3
HBT Media
• Receive company’s information
for social media
• Launch the program
• Create a centralized content
library
• Identify “hits” and “misses”
• Evaluate and grow program
Social Selling Strategy
Development
• Select social selling package
• Identify companies core
needs.
• Develop best practices and
social media policy to meet
objective
• Create a content plan that
aligns with marketing
calendar
Initial Assessment
• Identify current successes
and areas for improvement
in Sales
• Begin evaluating core
products for social selling
• Begin developing list of
feature requirements
STAGE 1 PRESS RELEASE STAGE 3
18. 18
Next Steps
0
STAGE 1 STAGE 2 STAGE 3
HBT Media
• Receive company’s information
for social media
• Launch the program
• Create a centralized content
library
• Identify “hits” and “misses”
• Evaluate and grow program
Social Selling Strategy
Development
• Select social selling package
• Identify companies core
needs.
• Develop best practices and
social media policy to meet
objective
• Create a content plan that
aligns with marketing
calendar
Initial Assessment
• Identify current successes
and areas for improvement
in Sales
• Begin evaluating core
products for social selling
• Begin developing list of
feature requirements
STAGE 1 VIDEO MARKETING STAGE 3
19. 19
Summary
Social Selling benefits:
• Less competition for buyers’ attention
• Less pricing competition
• Positive brand image
• Sales quota attainment
• Increased thought leadership
• Analytics to track social selling efforts
• Improved Marketing-Sales Alignment
• Turn leads into bookings
Editor's Notes
Social media really is word of mouth on steroids!
Social media really is word of mouth on steroids!
Welcome! Thank for your interest in HBT Media Marketing Ltd. In this presentation, I will explain the benefits of social selling and how it fits into your company’s goals.
Social selling is a way of identifying prospects, nurturing them, and generating pipeline via social media. As I will explain, it requires leveraging smart, relevant content to educate and build rapport with prospects.
During this presentation, I will discuss the changing B2B buyer, why social selling addresses this new type of buyer, how social selling can turn sales into a lead generator, and the many benefits of implementing a social selling strategy.
How do we change our sales strategy to target the first 69% of the buyer’s journey? The most efficient way is through social selling. Social selling is a modern sales technique that enables sales teams to identify prospects, nurture them, and generate pipeline via social media.
In the past, a sales team relied heavily on marketing for sufficient leads to make their quotas. With the advent of marketing automation and content marketing, there is optimism that marketing will be able to provide sales teams with more leads. And while these marketing tools and tactics are undoubtedly helpful, the fact remains: today, sales teams need to produce their own leads. Customer think has found that a world-class marketing team will produce 30% of a company’s leads – at best. This means that sales teams can expect to produce at least 70% of a company’s leads.
70%. That sounds like a daunting number. But sales teams that embrace social selling can produce 70% of a company’s leads. In fact, social sales teams are successful. Sales Benchmark Index has found that social media is the number one source of opportunities generated by sales representatives. Furthermore, social selling has the highest lead to close conversion rate of all prospecting methodologies. Social selling sees about a 15% prospecting conversion rate, at least 5 times greater than the 3% prospecting success rate from marketing activities.
Don’t think of social selling as a replacement for traditional selling techniques. Sales representatives will still exchange e-mails and phone calls, and they still will have face-to-face meetings. Instead, think of social selling as a way to get one’s foot in the door.
Social selling works because sales representatives engage with prospects where they are, and they are on social media. Both Forrester and IDG Connect have done research on this subject. Forrester has found that 100% of B2B decision-makers use social media for work purposes. Meanwhile, IDG Connect has found that the majority (57%) of B2B IT buyers use social networks as part of their purchase process.
Additionally, social selling works because it creates a connection between two flesh-and-blood human beings, who can build rapport and mutual trust. It has become increasingly difficult for faceless brands to connect with their audiences, but individuals are still able to influence. In fact, today’s buyers are more willing to trust a company’s employees. According to the Edelman Trust Barometer, regular employees have made significant gains in public trust. Since 2009, they are up 20 percentage points.
The good news is that social selling does not require a sales team to reprogram their brains. It does not require sales representatives to learn a whole new skill set. The basic tenets of prospecting still apply. Sales teams simply adapt them to fit the medium. Here’s a general overview of how social selling works:
First, HBT Media through social media looks for a target company. Then, it provides the sales representative makers they should focus on.
Before speaking directly with a prospect, HBT Media would provide your salespeople with the prospects’ behavior. What does my prospect post? What topics interest my prospect? How does my prospect interact with other people? Those are some of the questions that sales teams want to ask after connecting with a prospect.
Next, a sales representative will want to look for opportunities to engage with a prospect. Did the prospect post about something in your industry? Make a comment! Did you find a cool article that the prospect might be interested in? Share it with the prospect! Those are prime opportunities to stay top-of-mind with potential buyers.
Finally, sales representatives need to seal the deal. After you’ve interacted a bit with the prospect, you can introduce your company, what you do, and how you might be able to help. Normally, you do not want to lead off with a sales pitch. Think about it this way: Most people don’t walk up to someone at a professional happy hour and say, “I don’t know anything about you, but I work for this company. And I would really like to sell to you.”
The same is true on social media. You want to help the prospect and build a relationship with the person before you begin with hard pitches.
There are many reasons to implement a social selling strategy in our organization. In this section of the presentation, I will address four of them: quota attainment, improved prospecting, increased thought leadership, and better marketing-sales alignment.
So, where does the content come from? Our sales representatives are capable of finding their own content. But why should we reinvent the wheel? Your marketing department continuously produces great content, and they stay on top of the latest industry trends. It would be fantastic if we could work with marketing to create a content strategy for the sales team.
The Aberdeen Group has done extensive research on marketing and sales alignment. They have found that the best-in-class companies have a centralized content library. Marketing places every asset and message in one place, and Sales has access to those assets and those messages. The Aberdeen Group even recommends that this library incorporate flexible messaging and deployment options for different geographies, industries, price points, etc.
This is exactly what we need for our social selling efforts. 95% of buyers choose a solution that provided them with ample content to help navigate through each stage of the buying process. (That’s according to a DemandGen Report.)
By closely aligning your marketing and sales departments around content objectives, HBT Media will help your sales team prospect. We will amplify marketing’s messaging. And most importantly, we will improve your bottom line. MarketingProfs research has shown that organizations with tightly aligned sales and marketing departments experience higher win rates.
Now that we have an understanding of social selling and its benefits, let’s take a look on how HBT Media implement your marketing strategy on social media.
Lastly, social selling will help us improve our marketing and sales alignment. Right now, our marketing department shares their created assets and some industry news with Sales. In addition, Marketing provides Sales with sample messaging for social media sharing. Once our social selling program is up and running, we will be able to build a centralized content library, as well as a workflow for that library. Sales and Marketing will be able to find, curate, and share content internally with the sales team.
Because of this closer relationship between Marketing and Sales, we may want to schedule short monthly meetings so that both Marketing and Sales can give feedback on the content. What seems to be working? What isn’t working? Additionally, we may want to create an editorial calendar for the Sales team so that they know what to expect in terms of content.
Businesses can talk directly to their customers with ease and hear what they think directly. It's great for customer service as having a strong presence on social media and a well managed account allows them to find you and ask you any questions they may have about a product or service, all at the click of a button. Many businesses try to use social media to sell directly, however it's more of an influencer than a direct point of sale.
Businesses can talk directly to their customers with ease and hear what they think directly. It's great for customer service as having a strong presence on social media and a well managed account allows them to find you and ask you any questions they may have about a product or service, all at the click of a button. Many businesses try to use social media to sell directly, however it's more of an influencer than a direct point of sale.
Businesses can talk directly to their customers with ease and hear what they think directly. It's great for customer service as having a strong presence on social media and a well managed account allows them to find you and ask you any questions they may have about a product or service, all at the click of a button. Many businesses try to use social media to sell directly, however it's more of an influencer than a direct point of sale.
Businesses can talk directly to their customers with ease and hear what they think directly. It's great for customer service as having a strong presence on social media and a well managed account allows them to find you and ask you any questions they may have about a product or service, all at the click of a button. Many businesses try to use social media to sell directly, however it's more of an influencer than a direct point of sale.
HBT Media provides professionally written content for website, articles and blog site.
We work with directly with you to understand your requirements and form a project brief
We employ professional from different disciplines
Edited by professional writers and by ourselves
We check for authenticity of the written work and duplication.
HBT Media provides professionally written content for website, articles and blog site.
We work with directly with you to understand your requirements and form a project brief
We employ professional from different disciplines
Edited by professional writers and by ourselves
We check for authenticity of the written work and duplication.
Thinking about PR for your business?
Welcome to HBT Media PR distribution. We offer PR distribution services and solutions to companies that are looking to tell their story to the world.
With our powerful press release distribution service we can help published your story in major search engines like google, yahoo and bing, getting your news seen by thousands of journalist, bloggers, and potential customers across the world.
HBT Media PR will help you raise your brand awareness, generate publicity, and potentially drive new customers to your business
.
Video Marketing for Businesses
Welcome to HBT Media digital video marketing. We offer a unique and stylish way to promote your business through video animation creations.
With attention spans getting shorter and people searching more online for products, video marketing has increasingly becoming a popular and demanding way to market your companies’ online presences.
In summary, there are many benefits to using social selling strategy. We can see less competition for buyers’ attention, less pricing competition, a more positive brand image, a higher sales quota attainment, increased thought leadership, better analytics to track social selling efforts, improved marketing and sales alignment, and we can turn sales into a lead generator.
Ultimately, social selling will vastly help improve our company’s bottom line.
Thank you for your time.
Holly Tyson
Director
HBT Media Marketing Ltd