HSMAI ROCET Charlotte -- Bridging the Tactical and Strategic for Digital Marketing and Revenue Management Presented by Loren Gray
2. Bringing the Tactical and Strategic:
The Convergence of Revenue
Management and Digital Marketing
Loren Gray CHDM
Founder / CEO
Hospitality Digital
Marketing
7. Let’s Start From The Beginning….
Sales Revenue Marketing
What are we trying to do
8. Today
In an American Express survey commissioned
last year, consumers illustrated their demand
for more enriched lives and personal fulfilment
through experience and learning. Over 72 per
cent of respondents said they would rather
spend money on experiences than things.
Further, 88 per cent said travel is the number
one dream on their life’s bucket list, ranking
higher than family or wealth.
9. Lets Get Warmed Up
Open your iPhone’s “Settings” menu, select
“Privacy”, then “Location Services”, then scroll all
the way down to “System Services”.
In System Services scroll all the way down to the
bottom, press “Frequent Locations” and look at the
“History” section. Click on one of the area names to
see where you’ve been.
Sales Revenue Marketing
10. Sales Revenue Marketing
This is how we define our guests
11. This is how most see the ‘cycle’ of our
guests
Aquisition
Pre-stay
Engagement – (Stay)
Sales Revenue Marketing
Post stay
12. How can Revenue Management
and Digital Marketing create a
symbiotic relationship?
| Analysis
| Optimization
| Forecast
| Price
| Market
| Customer
| Distribution
| Challenges
| Consumers are
getting smarter
| The codependent
relationship with OTAs
| New market disruptors
surfacing everyday
| Customer
| Analysis
| Advertising
| Market
| Price
| Promotion
| Distribution
13. Sales Revenue Marketing
Digital Strategy – Guest Acquisition – The Really Short
Version
Stay Date
Research Date(s)
Timeline
Prime Booking WindowResearch Period LOS
January February March
Departure Date
15. Sales Revenue Marketing
In ten days
31 new memberships
Costing $1,248
Total Revenue -- $201,500
Group dropped 14
days out for entire
weekend (62% of
Occ)
• Took arrivals list and made a
custom audience
• Took last years in-house list
same time made a custom
audience
• Made a custom audience based
on a radius of 150 miles (drive
market)
• Put all three together for an ad
featuring those specific dates,
(making the arrivals list a
negative)
Membership and Short Term Replacement
16. Sales Revenue Marketing
Stealing Market Share and Driving Local Business
Gender: Female
Age: 24 - 34
Relationship Status: Single
Interest: Live Music
Located: Within a 5-mile radius
Scheduled to Post: Friday @ 5 pm &
9 pm
Meeting Initiative F&B Initiative
17. Daily & Long Term
Strategies
Sales Revenue Marketing
It’s not just about
campaigning…
18. Sales Revenue Marketing
Attribution and Socials Real Value
Path Analysis Report for a Non-Branded hotel
client.
Of all conversions where Social was a part of the
discovery process by the consumer, 75% involved
other channel touchpoints (social probably
doesn’t get enough credit for driving bookings
that they do).
Organic Search (and to a lesser degree Paid
Search) were integral parts of that journey.
Again, another reason why a unified content
strategy will provide these people with a better
user experience that will improve engagement
and bookings – and through that should improve
rankings.
Social Engagement Does Not Occur In A Bubble
19. Be careful of sharing
Exit intent by mouse movement to close the browser
Exit intent by hitting the command key to close the browser
Exit intent by being idle for 60+ seconds
21. Sales Revenue Marketing
Value is more than just the one effort
Giving content a more permanent home on an independent site page or brand.com or
on blog (or YouTube) means that the content can continue to provide engagement long
after the initial post.
Admittedly a challenge to find the best content formats to do this with Brand sites.
437 Sessions
from
Facebook
22. Now for some
REALLY cool stuff…
Sales Revenue Marketing
To combine Sales, Revenue &
Marketing into one mind
23. Sales Revenue Marketing
New ways to look at Digital Marketing Data and
Revenue Management Strategies
24. Sales Revenue Marketing
Sourcing Data to Define Strategies with GTM
31. Four Statements
Websites will be a thing of the past
The Search Box will go away
“A.I.” will control your marketing
Sales Revenue Marketing
Video will become your only voice
33. Bots & API’s
Bots, bots and bots… what’s a ‘BOT’
Google & Apple --- UNLOCKED!!
Amazon Echo – From 16 to 28,000
Sales Revenue Marketing
Microsoft – first to be in THREE MILLION Cars
46. Facebook City Guides
• Who you know
• What they did
• What they shared
• Is anyone around that
you know
• What was there
feedback there reviews
47. Sales Revenue Marketing
Urgency Messaging
“x rooms left”
option
Real Time Prices
Based on dates of
travel
Promotion Messaging
Property
Multi-property
option available
Brand Logo
Stars
Destination Messaging
Dynamic Creative Template for a Real Time Bidding Display Ad
Membership Link
Facebook Brings DAT Mainstream
58. Links We Discussed
• Please view how Facebook is changing
the internet..
• https://youtu.be/cR_XVGemAnw
• This is the whatsapp video from New York
Times
• https://youtu.be/VAesMQ6VtK8
59. Video, presentation, links, resources
and Webinar are at…
Sales Revenue Marketing
https://www.HospitalityDigitalMarketing.com/rocet
OR
Bit.ly/hdmrocet
60. Where to Start
• Assessing what you have – resources and
accesses
• What does all of those things do for you
• Who is handling each and how are they
responsible for it
• How is it being measured
• What are the various contributions
• What needs to get changed
Have a good and happy life
Forbes says it has the five reasons businesses fail….
Stop doing this
The measure adapt is the never ending story
Take a total of followers in the room
Tally it up and show the power of who you already have
Go through some examples of the types of filters in facebook
Geofencing
Proximity targeting
Banjo
How to turn on even targeting of posts
Who has access to there FB pages
Why is social good for brand hotels – last unregulated place for them to put timely content up online
Will have all this content online to share
Don’t blitz anymore
Three types of data in a radius local / visitor / traveler take business out of your competitor.
Geofedia – calgary example
Twitter triggers for responses or unhappy guests at your competitors
Gravy targeting concert goes passing by your venue
Beacons
Messenger tools to push notify
Direct channel discussion
Mobile 58% it is the internet
This is a way for branded and non branded to help themselves
$28K additional
Google data studio in there new 360 program it used to be called
Magneto and the bridge being built right in front of him
The opening of ‘Bots’ — Google / Apple / Amazon / Microsoft — why is this important? it allows developers to now use the voice commands of Google now / Siri / Alexa / Cortana — googles new assistant / SIRI coming to your computer / Echo / and the internet of things coming to you home and cars….
Philly has the first Uber automous cars why is there a person behind the wheel? Whay are all the auto makers racing to build fleets of automous cars”?
Henry ford said if he asked his future customers what they wanted they would have said faster horses
Voice and inanimate objects
For now we have…
For now we have…
Next we’ll have VIV ----- start at 2:10
MetaSearch
Cindy Estes just published an article on the growth and hidden value of MetaSearch
http://hotelmarketing.com/index.php/content/article/the_rise_of_metasearch_and_its_effect_on_hotel_distribution
https://get.google.com/trips/
http://marketingland.com/google-cross-device-remarketing-launches-192819
REMEMBER TO HIT THE “PLAY” ON THE PLAY BAR AT THE BOTTOM LEFT OF THE SCREEN (USE MOUSE)
Facebooks Dynamic Ad’s for Travel
Remember watson? Meet Lucy
Be careful of automation you become to reliant on it and forget how to do the work yourself
How many still know how to perform a displacement analysis?
Think of the price gouging report in florida, that was automated rev tools modifying price….. Got a lot of people in a lot of trouble
100 million hours of video are being loaded onto Facebook everyday,
600 million for YouTube
3/4 of all video views are mobile over a billion active users a day on Facebook
Cisco says 75% of all mobile traffic will be video by 2020
20 minutes a day on Facebook
Facebook.com/map its almost its own TV station example Hurricane Mathew
100 million hours of video are being loaded onto Facebook everyday,
600 million for YouTube
3/4 of all video views are mobile over a billion active users a day on Facebook
Cisco says 75% of all mobile traffic will be video by 2020
20 minutes a day on Facebook
facebook.com/livemap screen shot
Sony’s new VR game just out
Give example of AUS and the 360 campaign
Show the real fly 360
Give example of AUS and the 360 campaign
Facebook.com/map its almost its own TV station example Hurricane Mathew
100 million hours of video are being loaded onto Facebook everyday,
600 million for YouTube
3/4 of all video views are mobile over a billion active users a day on Facebook
Cisco says 75% of all mobile traffic will be video by 2020
20 minutes a day on Facebook
facebook.com/livemap screen shot
What platforms are you using, what tools are available who has access to all of them