Airbnb has adopted knowledge management and digital strategies to support its continued growth. For knowledge management, Airbnb uses both codification and personalization approaches, such as creating an explicit knowledge repository and encouraging tacit knowledge sharing through meetings. Its digital strategy involves heavy social media promotion, a search algorithm that considers many factors, and using data to improve the customer experience and reputation system. Airbnb's strategies have helped drive financial and non-financial value for stakeholders.
The travel revolution - How Airbnb become a billion dollar company.
You can follow me if you want to grab other great resources, articles : http://twitter.com/gtabidze
Airbnb presentation - Paul Hayat (team3)Paul Hayat
- Airbnb is an online marketplace for people to list and book accommodations around the world. It was founded in 2008 and has grown significantly, now valued at $25.5 billion with over 2 million listings and 60 million users.
- Airbnb aims to increase its user base through search engine optimization, partnerships with companies like Virgin and American Express, and marketing strategies including paid search advertising and content optimization.
- While Airbnb has high user engagement, it faces challenges like legal issues over unauthorized listings, competition from other travel sites, and trust/image concerns that partnerships could help address. The document recommends ways Airbnb could boost rankings, referrals, loyalty and conversion rates.
Airbnb began in 2008 by solving a problem of where to stay when visiting a new city. It has since grown to become one of the largest hospitality providers globally through key factors like building a trusted community, offering an innovative value proposition focused on authentic local experiences, and the founders' continuous entrepreneurial innovation. Airbnb grew through creative disruption of the industry, open innovation using community ideas, and relentless service innovation while keeping its core peer-to-peer model. Strategic international expansion, securing funding at key stages, and well-timed innovations fueled Airbnb's journey from a small startup to a global unicorn company valued at over $25 billion.
Airbnb, the online marketplace for short-term renters and hosts around the world, has placed its global creative advertising business in review. Incumbent TBWA\Chiat\Day will not participate.
“As a global hospitality company at a pivotal moment in our trajectory, we are seeking a partner agency that takes us closer to unlocking the creativity of our community, in which content and product are inextricably linked. We are engaged in a global pitch, inviting the participation of a handful of diverse agencies to identify this new partner that will help us achieve our next phase of phenomenal growth.”
Studied the aspects of Digital Business and How Does AIRBNB operates and maintains the relationship with their customers, we have also studied the Business Model Canvas for AIRBNB as well.
We have also seen the Fast Growth of AIRBNB and Geographical Presence for the same
This document discusses Airbnb as an example of a niche market that has expanded significantly. It analyzes Airbnb's marketing strategies that have enabled this growth, including targeting customers seeking authentic experiences, using hashtags and video in campaigns, personalizing search results, and integrating additional travel services. The document also notes challenges like negative press over tax avoidance issues.
Airbnb - Business analysis based on Porter 5 Forces David Morand
An analysis of Airbnb is conducted based on Porter 5 forces scheme. We developed a review of the forces influencing hotels and lodging industry. In a second phase we see how IT is influencing this forces and can be turn to advantages. Finally we define Airbnb business model and conduct a SWOT analysis.
Strategic plan harvard business review casestudy airbnb company Mohie Ismail
This document provides the Strategic Plan for Airbnb for 2017-2021. The plan provides an analysis and evaluation of Airbnb by reviewing the company’s strategic management, profitability and market competitiveness. Methods of analysis include Strategic Position & Action Evaluation (SPACE) Matrix, and Grand Strategy Selection Matrix as well as Situational Analysis.
The travel revolution - How Airbnb become a billion dollar company.
You can follow me if you want to grab other great resources, articles : http://twitter.com/gtabidze
Airbnb presentation - Paul Hayat (team3)Paul Hayat
- Airbnb is an online marketplace for people to list and book accommodations around the world. It was founded in 2008 and has grown significantly, now valued at $25.5 billion with over 2 million listings and 60 million users.
- Airbnb aims to increase its user base through search engine optimization, partnerships with companies like Virgin and American Express, and marketing strategies including paid search advertising and content optimization.
- While Airbnb has high user engagement, it faces challenges like legal issues over unauthorized listings, competition from other travel sites, and trust/image concerns that partnerships could help address. The document recommends ways Airbnb could boost rankings, referrals, loyalty and conversion rates.
Airbnb began in 2008 by solving a problem of where to stay when visiting a new city. It has since grown to become one of the largest hospitality providers globally through key factors like building a trusted community, offering an innovative value proposition focused on authentic local experiences, and the founders' continuous entrepreneurial innovation. Airbnb grew through creative disruption of the industry, open innovation using community ideas, and relentless service innovation while keeping its core peer-to-peer model. Strategic international expansion, securing funding at key stages, and well-timed innovations fueled Airbnb's journey from a small startup to a global unicorn company valued at over $25 billion.
Airbnb, the online marketplace for short-term renters and hosts around the world, has placed its global creative advertising business in review. Incumbent TBWA\Chiat\Day will not participate.
“As a global hospitality company at a pivotal moment in our trajectory, we are seeking a partner agency that takes us closer to unlocking the creativity of our community, in which content and product are inextricably linked. We are engaged in a global pitch, inviting the participation of a handful of diverse agencies to identify this new partner that will help us achieve our next phase of phenomenal growth.”
Studied the aspects of Digital Business and How Does AIRBNB operates and maintains the relationship with their customers, we have also studied the Business Model Canvas for AIRBNB as well.
We have also seen the Fast Growth of AIRBNB and Geographical Presence for the same
This document discusses Airbnb as an example of a niche market that has expanded significantly. It analyzes Airbnb's marketing strategies that have enabled this growth, including targeting customers seeking authentic experiences, using hashtags and video in campaigns, personalizing search results, and integrating additional travel services. The document also notes challenges like negative press over tax avoidance issues.
Airbnb - Business analysis based on Porter 5 Forces David Morand
An analysis of Airbnb is conducted based on Porter 5 forces scheme. We developed a review of the forces influencing hotels and lodging industry. In a second phase we see how IT is influencing this forces and can be turn to advantages. Finally we define Airbnb business model and conduct a SWOT analysis.
Strategic plan harvard business review casestudy airbnb company Mohie Ismail
This document provides the Strategic Plan for Airbnb for 2017-2021. The plan provides an analysis and evaluation of Airbnb by reviewing the company’s strategic management, profitability and market competitiveness. Methods of analysis include Strategic Position & Action Evaluation (SPACE) Matrix, and Grand Strategy Selection Matrix as well as Situational Analysis.
This document provides an overview of the peer-to-peer accommodation marketplace Airbnb. It discusses how collaborative consumption allows people to share access to goods and services rather than individual ownership. Airbnb allows people to list, discover, and book unique accommodations around the world. The process for booking is described in a few steps. Benefits include reduced costs and carbon footprint as well as positive social interactions. Safety concerns are mentioned regarding guarantees for guests and hosts. Airbnb aims to provide a more personal travel experience compared to hotels.
This document outlines Airbnb's social media strategy. The objectives are to increase positive engagement on Facebook by 40% and gain 400,000 Instagram followers in 6 months by posting personal content. Strategies include giving bloggers access to "take over" Instagram and highlighting travelers' experiences. Goals are measured by Instagram visitors and followers. After 3 months, Instagram followers increased by 200,000 and qualitative analysis found a 34% rise in positive Facebook interactions.
This document contains an 8-part agenda for an Airbnb 2020 strategic planning meeting. It includes an executive summary that outlines enhancing customer service, building on their peer-to-peer business model, and expanding revenue growth in the US and emerging countries. Subsequent sections provide an economic overview of the growing business travel industry, details on Airbnb's business model and founders, a SWOT analysis, a 5-year strategic plan focusing on customer service, business travel, and expansion, revenue and cost projections, and a conclusion.
This document discusses Airbnb and its impact on the hotel industry. It begins by defining the sharing economy and how Airbnb fits within that trend. It then summarizes Airbnb's business model, rapid growth, and key reasons for its success, which include meeting consumer needs for value, personalization, and empowerment. The document also outlines some of the challenges Airbnb faces, such as regulation and competition from sites focused on luxury rentals, family travel, or hotel services. In conclusion, while Airbnb is disruptive to the hotel industry, hotels are working to address consumer trends and fight back with enhanced loyalty programs and personalized offers.
- AirBnB is proposing a new service called "AirBnB Reality" that would partner with real estate companies like Remax to allow home buyers to book temporary stays in homes they are interested in purchasing through the AirBnB platform.
- This would give buyers a chance to experience what it would be like to live in the home before committing to a purchase. They could then leave reviews and potentially purchase the home after their stay.
- AirBnB sees this as an opportunity to diversify into real estate sales while revolutionizing the home buying process and giving buyers a new way to find their forever home. Partnering with an established company like Remax would help them gain access to the real estate market.
Airbnb is an online marketplace that connects people looking to rent out their homes and spaces with people seeking accommodations. Hosts list and rent out their unused spaces to travelers searching for lodging in 192 countries worldwide. Airbnb addresses problems of trust between strangers by vetting users and allowing them to build reputations through ratings and reviews. It also protects users' privacy and ensures it receives commissions by censoring contact information in messages between hosts and travelers on the site until a booking is made.
Airbnb, Inc. Strategic Plan 2017-2021 MBA - strategic Management Assignment...Mohie Ismail
Airbnb's 2017-2021 strategic plan outlines goals to become the world leader in the internet-based accommodation industry. Key strategies include related diversification through acquiring hotels in Morocco and Egypt, product development such as a "from home to home" package utilizing partnerships, market penetration in existing markets through marketing, and market development in Middle East and Africa. One-year objectives are to develop new hotel acquisition plans, finalize a partnership with Uber, increase market growth and shares, enhance customer programs, and develop cultural/environmental initiatives. The plan aims to realize the vision through aggressive growth and adapting offerings to new markets and cultures.
Airbnb is an online marketplace that allows people to list and rent short-term lodging in their residential properties. It has over 800,000 listings in 192 countries and 20 million users. A SWOT analysis identifies strengths such as 24/7 availability and local experiences, but also weaknesses like disputes between guests and hosts and threats from growing competitors. A PESTLE analysis examines political, economic, social, technological, legal and environmental factors affecting the business. Porter's Five Forces model is used to assess competitive dynamics.
The marketing plan aims to expand Airbnb's website and mobile applications to offer more travel features to meet the needs of its global clientele. It proposes an advertising budget of $405,730 and additional investments totaling $2,350,000. A six-month marketing campaign from January to June 2014 will use banner ads, direct mail, airport banners, and increased social media presence on platforms like Facebook and blogs. The goals are to increase brand awareness, recruit more hosts, and boost online bookings. Metrics like consumer feedback and employee satisfaction will be used to evaluate the campaign's effectiveness.
As there long coveted IPO is around the corner, I felt this was the proper time to release this analysis. Airbnb is a company that I’ve been fascinated by for quite some time. Their ability to reverse engineer and push through market resistance is undeniable. Airbnb has revolutionized our viewpoint on hotel and lodging. This analysis will evaluate the company's long-standing history and the barriers of entry endured. I believe it is important to understand the pure resilience of these founders. This analysis will also dissect their current performance as they recently reported an astounding $2.6 billion in revenue, bringing home $93 million in profit. These metrics blew away all internal forecasts which landed them a $31 billion-dollar valuation in May. Additionally, Airbnb is a private company making key performance indicators difficult to determine. As a result, I exhibit the factors I believe were used in evaluating Airbnb’s valuation. This report will discuss micro-level and macro-environmental factors that help and inhibit Airbnb. All of these subsidiaries have impactful effects on Airbnb and its outlook moving forward. Lastly, I discuss the effects of an economic disaster, and the problems it will cause when it happens. I also provide solutions that I believe would be extremely effective in a state of turmoil.
Strategic Management document for Airbnb submitted by Group 3.
Airbnb's vision is to create a world where people can belong anywhere. Their mission is to help people live in places instead of just traveling to them. A PESTLE analysis identifies political, economic, social, technological, legal and environmental factors impacting Airbnb. Competitors include HomeAway, FlipKey, and OneFineStay. Airbnb follows a holacratic structure and offers affiliate programs. Recommendations include adding transportation and tour packages to develop new product lines that match customer needs.
The digital disruption of airbnb and how IHG should reactYannick Pinkinelli
The presentation covers the digital disruption of airbnb in the hospitality indutry and the best ways for the other players to react (focused on IHG - InterContinental Hotels Group) - Yannick Pinkinelli
This is a case study I had worked on as a first year MIM student at University of Maryland (College Park), while studying INFM612 (Management of Information Programs and Services), taught by Dr. Ping Wang - a wonderful Professor.
We were given 2 unfortunate incidents that had occurred with a guest and a host of Airbnb, and had to analyze the issues and suggest solutions that can help make Airbnb an even safer option for its guests and hosts.
The document outlines Airbnb's social media strategy, including an audit of current platforms, objectives to increase engagement and traffic, and plans for content, paid advertising, and response protocols. Key points include focusing efforts on Facebook and Instagram given large audiences there. Goals are to increase unique visitors by 20% in 6 months through promoted content and monitoring for brand mentions. Roles, policies, measurement metrics, and qualitative feedback are also defined.
This document outlines Reebok's digital media strategy. It discusses Reebok as a retailer of athletic shoes, apparel, and accessories. The target audiences are listed as professional sports teams, kids, sports fans, and older customers. The goals are to increase online orders and brand awareness relative to competitors. Key tactics proposed include developing social media profiles, mobile apps, email marketing, Google AdWords, and tracking key performance indicators such as website traffic, social followers, customer feedback, and online orders.
Airbnb is an online marketplace that connects people looking to rent their homes with travelers seeking accommodations. Hosts list their available spaces and set prices, while travelers can browse listings, refine searches, and book accommodations. Both hosts and guests benefit from Airbnb's large network and customer-friendly features that aim to build trust, including public profiles, reviews, and a host guarantee of up to $1 million. However, risks remain such as potential property damage or lack of refunds for travelers.
Airbnb is an online marketplace that connects people looking to rent their homes with travelers seeking accommodations. Founded in 2008, it has grown to facilitate over 60 million guest stays across 192 countries annually. While it has disrupted the hotel industry, Airbnb's home-sharing model has also faced regulatory issues regarding taxation and safety. The document examines Airbnb's history and operations, as well as examples of regulations and controversies in various locations worldwide.
This document provides an audit and strategy for Airbnb's social media presence in 2017. It includes an assessment of current social media platforms, objectives to increase engagement and followers, and key dates. The strategy involves using paid, owned and earned media. Measurement will track website traffic, social media metrics and sentiment analysis. The plan aims to differentiate Airbnb through community building and sharing experiences across multiple platforms.
As marketing budgets recover from the pandemic, social media spending is increasing. However, social media faces greater scrutiny as it receives larger portions of budgets. Marketers are more confident in social media's ROI, but senior leadership demands clear proof of social's value. In 2023, social media practitioners will need to closely align their goals and metrics with business objectives to satisfy increased scrutiny from executives seeking to cut costs in an uncertain economy. Practitioners also need to educate leadership on the importance of both short-term and long-term brand building strategies. Those who can't clearly justify social media's impact risk losing budget support.
This document provides an overview of an Indian digital marketing agency. It summarizes the agency's services, team size and locations, sector expertise, core services including defining brand strategy and social media creative development, and key capabilities like video production and a social tech lab. It also lists some of the agency's clients in various sectors like media, sports, travel, retail, banking and education. Finally, it provides examples of digital marketing campaigns the agency has run for education clients, outlining objectives, strategies, tactics, and results including increases in applications and conversions.
In this presentation, we delve into the power of AI in revolutionizing sales and marketing, with a focus on lead generation and cost optimization. As the search landscape evolves, the future of Google driving high volumes of website traffic is uncertain with the rise of LLMs, making AI's role even more significant. While only 3.7% of Canadian businesses have deployed AI, its adoption is critical for staying competitive. We'll discuss a step-by-step approach to AI integration, highlighting essential tools and the importance of proper training. From lead processing to content creation, AI emerges as a game-changer, significantly improving efficiency and quality. The core message is clear: AI is no longer an option but a component for modern marketing success, transforming how we approach sales and marketing. By carefully planning the steps, leveraging the right tools, and investing in training, businesses can harness AI's transformative power and gain a competitive edge.
Key Takeaways:
AI changes everything. AI is revolutionizing lead generation and cost savings in sales and marketing operations.
The rise of large language models (LLMs) is challenging Google's dominance in driving website traffic, making AI adoption even more crucial.
Despite the low adoption rate (only 3.7% of Canadian businesses using AI), integrating AI is critical for staying competitive.
A step-by-step approach is needed for successful AI integration, along with leveraging the right tools and providing proper training.AI is a game-changer for lead generation, content creation, and overall process efficiency and quality improvement.AI is no longer an optional tool but a fundamental component for modern marketing success.
Careful planning, using the right AI tools, and investing in training can help businesses harness AI's transformative power and gain a competitive edge.
This document provides an overview of the peer-to-peer accommodation marketplace Airbnb. It discusses how collaborative consumption allows people to share access to goods and services rather than individual ownership. Airbnb allows people to list, discover, and book unique accommodations around the world. The process for booking is described in a few steps. Benefits include reduced costs and carbon footprint as well as positive social interactions. Safety concerns are mentioned regarding guarantees for guests and hosts. Airbnb aims to provide a more personal travel experience compared to hotels.
This document outlines Airbnb's social media strategy. The objectives are to increase positive engagement on Facebook by 40% and gain 400,000 Instagram followers in 6 months by posting personal content. Strategies include giving bloggers access to "take over" Instagram and highlighting travelers' experiences. Goals are measured by Instagram visitors and followers. After 3 months, Instagram followers increased by 200,000 and qualitative analysis found a 34% rise in positive Facebook interactions.
This document contains an 8-part agenda for an Airbnb 2020 strategic planning meeting. It includes an executive summary that outlines enhancing customer service, building on their peer-to-peer business model, and expanding revenue growth in the US and emerging countries. Subsequent sections provide an economic overview of the growing business travel industry, details on Airbnb's business model and founders, a SWOT analysis, a 5-year strategic plan focusing on customer service, business travel, and expansion, revenue and cost projections, and a conclusion.
This document discusses Airbnb and its impact on the hotel industry. It begins by defining the sharing economy and how Airbnb fits within that trend. It then summarizes Airbnb's business model, rapid growth, and key reasons for its success, which include meeting consumer needs for value, personalization, and empowerment. The document also outlines some of the challenges Airbnb faces, such as regulation and competition from sites focused on luxury rentals, family travel, or hotel services. In conclusion, while Airbnb is disruptive to the hotel industry, hotels are working to address consumer trends and fight back with enhanced loyalty programs and personalized offers.
- AirBnB is proposing a new service called "AirBnB Reality" that would partner with real estate companies like Remax to allow home buyers to book temporary stays in homes they are interested in purchasing through the AirBnB platform.
- This would give buyers a chance to experience what it would be like to live in the home before committing to a purchase. They could then leave reviews and potentially purchase the home after their stay.
- AirBnB sees this as an opportunity to diversify into real estate sales while revolutionizing the home buying process and giving buyers a new way to find their forever home. Partnering with an established company like Remax would help them gain access to the real estate market.
Airbnb is an online marketplace that connects people looking to rent out their homes and spaces with people seeking accommodations. Hosts list and rent out their unused spaces to travelers searching for lodging in 192 countries worldwide. Airbnb addresses problems of trust between strangers by vetting users and allowing them to build reputations through ratings and reviews. It also protects users' privacy and ensures it receives commissions by censoring contact information in messages between hosts and travelers on the site until a booking is made.
Airbnb, Inc. Strategic Plan 2017-2021 MBA - strategic Management Assignment...Mohie Ismail
Airbnb's 2017-2021 strategic plan outlines goals to become the world leader in the internet-based accommodation industry. Key strategies include related diversification through acquiring hotels in Morocco and Egypt, product development such as a "from home to home" package utilizing partnerships, market penetration in existing markets through marketing, and market development in Middle East and Africa. One-year objectives are to develop new hotel acquisition plans, finalize a partnership with Uber, increase market growth and shares, enhance customer programs, and develop cultural/environmental initiatives. The plan aims to realize the vision through aggressive growth and adapting offerings to new markets and cultures.
Airbnb is an online marketplace that allows people to list and rent short-term lodging in their residential properties. It has over 800,000 listings in 192 countries and 20 million users. A SWOT analysis identifies strengths such as 24/7 availability and local experiences, but also weaknesses like disputes between guests and hosts and threats from growing competitors. A PESTLE analysis examines political, economic, social, technological, legal and environmental factors affecting the business. Porter's Five Forces model is used to assess competitive dynamics.
The marketing plan aims to expand Airbnb's website and mobile applications to offer more travel features to meet the needs of its global clientele. It proposes an advertising budget of $405,730 and additional investments totaling $2,350,000. A six-month marketing campaign from January to June 2014 will use banner ads, direct mail, airport banners, and increased social media presence on platforms like Facebook and blogs. The goals are to increase brand awareness, recruit more hosts, and boost online bookings. Metrics like consumer feedback and employee satisfaction will be used to evaluate the campaign's effectiveness.
As there long coveted IPO is around the corner, I felt this was the proper time to release this analysis. Airbnb is a company that I’ve been fascinated by for quite some time. Their ability to reverse engineer and push through market resistance is undeniable. Airbnb has revolutionized our viewpoint on hotel and lodging. This analysis will evaluate the company's long-standing history and the barriers of entry endured. I believe it is important to understand the pure resilience of these founders. This analysis will also dissect their current performance as they recently reported an astounding $2.6 billion in revenue, bringing home $93 million in profit. These metrics blew away all internal forecasts which landed them a $31 billion-dollar valuation in May. Additionally, Airbnb is a private company making key performance indicators difficult to determine. As a result, I exhibit the factors I believe were used in evaluating Airbnb’s valuation. This report will discuss micro-level and macro-environmental factors that help and inhibit Airbnb. All of these subsidiaries have impactful effects on Airbnb and its outlook moving forward. Lastly, I discuss the effects of an economic disaster, and the problems it will cause when it happens. I also provide solutions that I believe would be extremely effective in a state of turmoil.
Strategic Management document for Airbnb submitted by Group 3.
Airbnb's vision is to create a world where people can belong anywhere. Their mission is to help people live in places instead of just traveling to them. A PESTLE analysis identifies political, economic, social, technological, legal and environmental factors impacting Airbnb. Competitors include HomeAway, FlipKey, and OneFineStay. Airbnb follows a holacratic structure and offers affiliate programs. Recommendations include adding transportation and tour packages to develop new product lines that match customer needs.
The digital disruption of airbnb and how IHG should reactYannick Pinkinelli
The presentation covers the digital disruption of airbnb in the hospitality indutry and the best ways for the other players to react (focused on IHG - InterContinental Hotels Group) - Yannick Pinkinelli
This is a case study I had worked on as a first year MIM student at University of Maryland (College Park), while studying INFM612 (Management of Information Programs and Services), taught by Dr. Ping Wang - a wonderful Professor.
We were given 2 unfortunate incidents that had occurred with a guest and a host of Airbnb, and had to analyze the issues and suggest solutions that can help make Airbnb an even safer option for its guests and hosts.
The document outlines Airbnb's social media strategy, including an audit of current platforms, objectives to increase engagement and traffic, and plans for content, paid advertising, and response protocols. Key points include focusing efforts on Facebook and Instagram given large audiences there. Goals are to increase unique visitors by 20% in 6 months through promoted content and monitoring for brand mentions. Roles, policies, measurement metrics, and qualitative feedback are also defined.
This document outlines Reebok's digital media strategy. It discusses Reebok as a retailer of athletic shoes, apparel, and accessories. The target audiences are listed as professional sports teams, kids, sports fans, and older customers. The goals are to increase online orders and brand awareness relative to competitors. Key tactics proposed include developing social media profiles, mobile apps, email marketing, Google AdWords, and tracking key performance indicators such as website traffic, social followers, customer feedback, and online orders.
Airbnb is an online marketplace that connects people looking to rent their homes with travelers seeking accommodations. Hosts list their available spaces and set prices, while travelers can browse listings, refine searches, and book accommodations. Both hosts and guests benefit from Airbnb's large network and customer-friendly features that aim to build trust, including public profiles, reviews, and a host guarantee of up to $1 million. However, risks remain such as potential property damage or lack of refunds for travelers.
Airbnb is an online marketplace that connects people looking to rent their homes with travelers seeking accommodations. Founded in 2008, it has grown to facilitate over 60 million guest stays across 192 countries annually. While it has disrupted the hotel industry, Airbnb's home-sharing model has also faced regulatory issues regarding taxation and safety. The document examines Airbnb's history and operations, as well as examples of regulations and controversies in various locations worldwide.
This document provides an audit and strategy for Airbnb's social media presence in 2017. It includes an assessment of current social media platforms, objectives to increase engagement and followers, and key dates. The strategy involves using paid, owned and earned media. Measurement will track website traffic, social media metrics and sentiment analysis. The plan aims to differentiate Airbnb through community building and sharing experiences across multiple platforms.
As marketing budgets recover from the pandemic, social media spending is increasing. However, social media faces greater scrutiny as it receives larger portions of budgets. Marketers are more confident in social media's ROI, but senior leadership demands clear proof of social's value. In 2023, social media practitioners will need to closely align their goals and metrics with business objectives to satisfy increased scrutiny from executives seeking to cut costs in an uncertain economy. Practitioners also need to educate leadership on the importance of both short-term and long-term brand building strategies. Those who can't clearly justify social media's impact risk losing budget support.
This document provides an overview of an Indian digital marketing agency. It summarizes the agency's services, team size and locations, sector expertise, core services including defining brand strategy and social media creative development, and key capabilities like video production and a social tech lab. It also lists some of the agency's clients in various sectors like media, sports, travel, retail, banking and education. Finally, it provides examples of digital marketing campaigns the agency has run for education clients, outlining objectives, strategies, tactics, and results including increases in applications and conversions.
In this presentation, we delve into the power of AI in revolutionizing sales and marketing, with a focus on lead generation and cost optimization. As the search landscape evolves, the future of Google driving high volumes of website traffic is uncertain with the rise of LLMs, making AI's role even more significant. While only 3.7% of Canadian businesses have deployed AI, its adoption is critical for staying competitive. We'll discuss a step-by-step approach to AI integration, highlighting essential tools and the importance of proper training. From lead processing to content creation, AI emerges as a game-changer, significantly improving efficiency and quality. The core message is clear: AI is no longer an option but a component for modern marketing success, transforming how we approach sales and marketing. By carefully planning the steps, leveraging the right tools, and investing in training, businesses can harness AI's transformative power and gain a competitive edge.
Key Takeaways:
AI changes everything. AI is revolutionizing lead generation and cost savings in sales and marketing operations.
The rise of large language models (LLMs) is challenging Google's dominance in driving website traffic, making AI adoption even more crucial.
Despite the low adoption rate (only 3.7% of Canadian businesses using AI), integrating AI is critical for staying competitive.
A step-by-step approach is needed for successful AI integration, along with leveraging the right tools and providing proper training.AI is a game-changer for lead generation, content creation, and overall process efficiency and quality improvement.AI is no longer an optional tool but a fundamental component for modern marketing success.
Careful planning, using the right AI tools, and investing in training can help businesses harness AI's transformative power and gain a competitive edge.
How Top Brands Create Killer Omnichannel Customer ExperiencesIO Integration
How Top Brands Leverage DAM Technologies to Create Killer Customer Experiences
In this DAM Master Class, youll see how top brands are transforming their marketing through personalized, real-time, data-driven communications that reach customers at exactly the right moments. Using the latest technologies, GoPro, Red Bull, NFL, Visa, Nike, and BMW have optimized their content marketing supply chains to curate and deliver real-time, high-impact content based on individual customer behaviors. Theyve seen big gains in brand recognition, customer loyalty, and sales and your company can, too. Use your DAM to build relationships that win markets, not just another campaign!
Join IO Integration and censhare to learn how you can:
Build a cutting-edge content acquisition platform for owned, gained, and real-time media just like marketing wunderkind GoPro.
Create a content marketing exchange that simplifies the production and delivery of personalized brand communications just like luxury brand leader BMW.
Get a first look at the censhare 5 enterprise content management platform thats so intuitive you might even trust your marketing people to try it!
Dagmar Schneider, Solution Architect, censhare
Jill Talvensaari, Content Technology Strategist, IO Integration
Innovating digital, 2019 and beyond - CIM West Yorkshire from Dave ChaffeyDave Chaffey
My presentation for the Chartered Institute of Marketing in Leeds updated to cover Smart Insights RACE planning framework for an April 2019 talk for West Yorkshire CIM members.
The document discusses an agency called FRWD that specializes in accelerating growth for clients through small, continuous improvements rather than large initiatives. Their approach focuses on deeply understanding target consumers, connecting with them directly through various channels, and testing and learning from experiments to improve programs over time. They have helped clients across digital media, content, mobile, and other areas, generating significant increases in engagement and sales.
The document summarizes various digital marketing campaigns conducted by DUO Marketing + Communications. It discusses campaigns to attract talent for a client, generate leads through content on websites and webinars, and drive sales of products. Key lessons highlighted include having quality content at the center of campaigns, flexibility to change messages, selecting the right platforms, and ensuring buy-in from stakeholders. Digital marketing is shown to be effective at generating leads and sales when integrated with other tactics like PR and when content and technical elements are properly planned and measured.
The document discusses LinkedIn's strategic objectives, SWOT analysis, and potential strategies. It analyzes LinkedIn's strengths like its brand reputation and revenue streams, as well as weaknesses like low user engagement. Opportunities include global expansion, and threats include increased competition. Potential strategies proposed are cost leadership through outsourcing, market penetration in new regions, and product development like a career networking platform for students.
The document discusses the online promotional campaign for Bournvita cereal conducted by BC Web Wise, an Indian digital media agency. It describes the development of the Bournvita Confidence Academy microsite, which was designed to engage children ages 6-14 and promote the brand's message of confidence. Key sections of the microsite included games, videos of the reality show champions, activities to complete and share, and tools to track engagement and referrals between users. The campaign was successful in building the Bournvita brand and community online.
This document describes the analysis of Airbnb user data to predict a first-time user's destination booking. It outlines merging datasets, handling missing data, and creating dummy variables. The datasets were combined, filtered to include only users with session data from 2014 onwards, and trimmed to relevant variables. Missing age values were imputed with the mean. Character variables were converted to dummy variables to allow model building and analysis. The goal was to build a model that improves Airbnb's customer understanding and interactions.
In my presentation, Personal Brand Exploration, to explore my career goals, identify potential job titles, and connect with my target audience. I discuss competitor analysis, reflect on my identity, and create a personal brand statement. The ultimate aim is to share my insights and discover my own personal brand narrative, fostering empowerment in developing an authentic and meaningful identity.
This is a project I completed for my "Project and Portfolio I: Personal Branding" course at Full Sail University.
Completed on February 23, 2024
In order to deal with customers expecting a seamless omnichannel experience, increased regulations and speed with which innovative fin-techs enter the market, ING has formulated a customer centric strategy based on data and analytics.
Last year we talked about the fact that ING developed a new architecture, the ING Data Lake. And how within ING In parallel the Big Data paradigm, based on Hadoop, appeared and how this was mapped on the Data Lake architecture to make sure Hadoop is leveraged to the maximum.
This year we want to tell you how the international working group helped realizing the advanced analytic pattern on the ING private cloud, without prior management approval.
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3. Company Overview
3
Private company
that offers
hospitality services
Platform is on
application or
online
191+ countries,
with 7 million
Airbnb listings
Majority of revenues
from commission of
booking completed
by a host
4. History
4
2007
Two guys in San
Francisco rent out 3 air
mattresses in their loft to
make rent money.
2008
Airbed & Breakfast was
launched at SXSW and
got two bookings.
2009
Visited all their hosts in
NYC to write reviews and
take photos. Changed
name to ‘Airbnb’.
2011
Available in 89
countries and had hit 1
million nights booked.
5. The Growth Continues
5
2020
7M+ listings worldwide
100K+ cities in 191+
countries
500M all time guests
arrival
2M+ average number of
people staying per night
6. Growing Pains
As the company grows, there also comes the growth in the size
and complexity of the data:
200K tables in data warehouse
> 6,000 tableau workbooks and charts
> 1,500 knowledge posts
> 3,500 employees around the world
6
8. Capital Model
8
Financial Capital:
Valuation (2018): $31billion
Annual revenue (2017): $2.6billion
Net income (2017): $93million
Physical Capital:
Office buildings
Properties listed on their
platform
Human Capital:
3,100 employees
(2017)
Host community
External Capital:
Customers (guests)
Hosts (property
owners)
Investors
Regulators
Travel partners
Insurance companies
Lawyers
Photographers
Organisational Capital:
Website and app
Brand
Content marketing
Digital ad campaigns
9. Explicit & Tacit Knowledge
9
TACIT KNOWLEDGE
● Competence
● Commitment
● Experience
● Expertise
● Thinking
● Deed
2
EXPLICIT KNOWLEDGE
● Data
● Documents
● Records
● File
● Business SOP
● Codes
1
5%
95%
● The growth of Airbnb
converts tacit knowledge
into a more explicit
knowledge.
● Hosts are a buffer to the
pressure of customer
service.
● Airbnb benefits from
overall experience given
from the host.
12. Socialisation: Communication & Sharing Culture
12
● Open dialogue
● Bi-weekly world meeting
● Bringing the culture to life
● Make space for introverts
● One Airbnb
Source: https://weand.me
This culture explains how Airbnb strategies are in terms of
transferring from tacit to tacit knowledge (socialisation).
13. Data Education
● 400+ courses with 6k+
registrations
● Faculty of 55 employees
teaching 4k+ employees
+ Data Access
+ Data Tools
13
Internalisation: Learning Culture
Data Literacy
● More informed decisions
● Reduce feedback loop
● Increase business impact
This Airbnb learning culture can be applied not only for Data
University but also for all kinds of knowledge.
14. 14
Externalisation: Content Creation
Airbnb transfers from tacit to explicit knowledge
by focusing on content creation
● Community Centre
● Airbnb Engineering in
Medium website
● Content creation with
blogs & online magazine
● Customer & Host Review
Source:
Airbnb Community Centre: https://community.withairbnb.com/t5/Community-Center/ct-p/community-center
Airbnb Engineering & Data Science: https://medium.com/airbnb-engineering
15. CUSTOMERS HOSTS
Help Centre
● ‘Help’ page on airbnb website
● Customer Support
Resource Centre
● Hospitality standards
● Hosting guidelines
15
Combination: Standardisation & Guidelines
These strategies enabled Airbnb to
transform explicit to explicit knowledge to
set clear guidance, communicate policy
and standardisation of service
Source:
https://www.airbnb.co.uk/resources/hosting-homes
16. TACIT EXPLICIT
TACIT
Socialisation
● Meeting & brainstorming
● Knowledge sharing session
● Standalone meetups for hosts to
exchange information
● Global Q&As events
Externalisation
● Airbnb Community Centre
● Host groups integrated into host
application
● Airbnb Engineering & Data Science
articles at Medium
● Content creation (e.g. blogs)
EXPLICIT
Internalisation
● Access to codified knowledge
● Online class / e-learning system
● Employee education programme
(e.g. Airbnb Data University, ‘Data U
Intensive’ training)
● Airbnb updates: company news,
announcements, product updates
Combination
● Hospitality standards & guidelines
● Help centre (Help page on website)
● Open source tech
● Best practices
Spiral of Knowledge: SECI Model
16
to
from
17. 17
Codification & Personalisation Strategy
Explicit knowledge (rules, processes):
Internalisation & Combination
CODIFICATION
STRATEGY
● IT system to support knowledge
creation, codification, & transfer
IMPLEMENTATION
● Airbnb Data University & other
e-learning platforms
● Airbnb Knowledge Repo
● Standards & guidelines
Knowledge that’s not easily codified:
Externalisation & Socialisation
PERSONALISATION
STRATEGY
● Person-to-person approach
● Transfer of high value knowledge
and creation of new ideas
IMPLEMENTATION
● Communication & sharing culture
● Meetups
● Content creation (blogs, reviews)
18. Connecting Data Science to Business
18
Centralised Structure
Opportunity to learn from each
other
Tighter cohesion
Disconnected with business partners
Missing the business context
Reactive stats gathering
Embedded Structure
Direct involvement in work planning
and execution
Understanding business context
Siloed knowledge and talent
Lack of managerial focus
Airbnb early stage
19. Connecting Data Science to Business
19
Hybrid Centralised/Embedded Structure
Singular data science team broken into sub-teams that partner directly with
engineers, designers, marketers, product managers, and others.
Accelerated data adoption throughout
the company
Data scientists as proactive partners
Maintain vantage point over every piece
of business
Source: http://www.datascience-pm.com
Airbnb current model
20. Scaling Knowledge
Facilitates the sharing of
knowledge between data
scientists and other technical
roles
20
Knowledge Repo
External
Knowledge Graph
Stores and serves structured
data that is necessary to
provide relevant information
to customers
Internal
Scaling Knowledge at
Airbnb
21. Knowledge Graph Infrastructure Architecture
How Airbnb integrate their
IT infrastructure to enable
knowledge management
& digital
● Inventory of Data &
Algorithm
● Airbnb search flow
● Data pipeline
● Machine learning
21
Source:
https://medium.com/airbnb-engineering/contextualizing-airbnb-by-building-knowledge-graph-b7077e268d5a
22. Value Creation
22
01
02
03
04
VALUE CREATION
CAPACITY
Knowledge Creation:
● Content management
● Community & Help Centre
● Knowledge transfer (e.g.
training, articles)
VALUE REALISATION
Airbnb strategy of realising
value from the knowledge:
● Initiated “Belong
Anywhere” strategy
● Data University
VALUE FOR
STAKEHOLDERS
Financial & non-financial
value for key stakeholders
● Hosts loyalty
● Community
engagement
● Customer satisfaction &
retention
● Highly skilled employees
VALUE STREAM
MODEL
Financial return
● Revenues increase from
customers
● More productivity
Airbnb knowledge-based strategy drives value creation that
generates both financial & non-financial value.
23. SWOT Analysis of Airbnb KM Strategy
23
● Getting more knowledge from guests
(customers)
● Photo Analysis of houses to determine most
attractive features and offering a
photography service
OPPORTUNITY
● Knowledge sharing is part of the
culture
● Well-developed KM system
● Analyse data from hosts and
customers for better matchmaking
STRENGTH
● Data privacy issue
● Potential loss of credibility or clients
from data security breaches
THREAT
● Making sure hosts & guests
regularly leave reviews
● High employee turnover, average
tenure is 2.6 years
WEAKNESS
S W
O T
24. KM Stage: Capability Maturity Model
24
5
Stage
5:KM
M
aturity
KM
is
partofairbnb
business
m
odeland
know
ledge
sharing
is
partofthe
culture
4
Stage
4:KM
Expansion
Expansion
ofKM
pilots
across
organisation
3
Stage
3:KM
Im
plem
entation
Im
plem
entation
ofKM
pilots
Stage
2:KM
Initiatives
Initiation
ofKM
pilots
21
Stage
1:KM
Interest
KM
is
a
topic
ofinterest
Airbnb stage: Knowledge
Sharing Culture
26. 26
Airbnb Digital Marketing
DIGITAL PROMOTION
1. Referrals: rewards of
travel credit for
referring to new
customers or hosts
SOCIAL MEDIA
1. Twitter Campaign
#belonganywhere
2. Facebook page
3. User-generated photos
& video contest on
Instagram
4. Youtube campaign:
“Live Like a Local”
CONTENT STRATEGY
1. User-generated
content
2. Delivering stories:
blogs of reviews
3. SEO technique
4. Airbnb online
magazine
5. Neighbourhood
Guides
DIGITAL MARKETING
1. Google Rating &
Adword listings
2. Google Display Ads:
Banner campaign for
worldwide reach
3. Craigslist Integration:
Recommendation of
listed accommodation
4. Experiential PR
“Aim of the marketing strategy is to reach and encourage the maximum people around the
world to become hosts and/or travellers” (Rastogi, 2020)
27. Improvements on the reputation system:
27
Online Reputation
Thorough
consumer reviews
Collect more
information on
hosts & guests
Make it more
acceptable to
refuse guests
Vary prices based
on ratings
Provide insurance
for hosts
Myriad market with the facilitation between the buyers and sellers
Heavy reliance on their review system
28. Factors in almost 100 signals to decide how to order the listings
28
Airbnb Search Algorithm
Attractiveness
Price
Instant
Booking
Superhost
Accepts
bookings
Responsive
29. Airbnb Cybersecurity
Airbnb is focused on safety, both in real-life and online through
1. Risk scoring
2. Background checks
3. Preparedness
4. Secure payments
5. Account protection
6. Scam prevention
29
31. SWOT Analysis of Digital Strategy
31
● Growing travelling market
● Less-known countries developing tourism
● Improvement of technologies to manage the
data and customer experience (e.g. 3D
visualisation)
OPPORTUNITY
● High influence on social media
● Worldwide presence
● High number of customers
● High satisfaction among customers
● Partnerships with digital platforms
● Customer oriented webpage and
services
STRENGTH
● World or regional crisis that
threaten the tourism market
● Cyber-attack: damage the data
● Bad news that can affect the
reputation of the brand
THREAT
● No in-person presence (hard for any
paperwork question such as refund)
WEAKNESS
S W
O T
32. 32
7S Analysis of Digital Strategy
STRUCTURE
STRATEGY
SKILLS
STYLE
STAFF
SYSTEM
Shared
Values
Technological
infrastructure suggests
adaptability
Structure
Online platform aligns with
the overall mission to bring
homes to people while they
are away from home
Strategy
Search for “top-coders“ that
are good with algorithms and
data structures
Skills
Application with features like
internal communication
system and connections to
local activities
System
HR considers a person’s
passion for the company
when hiring
Staff
Founders are from
design backgrounds
which leans the
company to a
non-traditional culture
and style
Style
Traveling and comfort are the
values of Airbnb customers
Shared Values
34. Recommendations
Knowledge management strategy:
1. Reward system for leaving review
2. More campaigns or competitions for customers to write content
(blogs, youtube videos, etc)
3. Personalised recommendations based on photo analysis &
preferences
34
35. Recommendations
Digital strategy:
1. Create partnerships with travelling platforms to create packages
2. 3D visualisations for a customer experience
3. Giving tips based on previous people’s searches
4. Create alerts when accomodations become cheaper in a location
5. Background check the hosts as a customer
35
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41. Airbnb Customer Help Centre: https://www.airbnb.co.uk/help/booking-and-traveling
Airbnb Host Quality Standards: https://www.airbnb.co.uk/help/article/1526/what-are-airbnbs-standards-for-hotels-and-other-hospitality-businessess
Airbnb Resources Centre: https://www.airbnb.co.uk/resources/hosting-homes
Airbnb Community Centre: https://community.withairbnb.com/t5/Community-Center/ct-p/community-center
Airbnb Engineering & Data Science on Medium: https://medium.com/airbnb-engineering
Airbnb Magazine: https://www.airbnb.co.uk/magazine
Airbnb Trust & Safety: https://www.airbnb.co.uk/trust
Airbnb Social Media: https://www.airbnb.co.uk/sitemaps/social-media
Airbnb Official Blog: https://blog.atairbnb.com/
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