SlideShare a Scribd company logo
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  1	
  
Reputa<on	
  =	
  Revenue	
  
Increasing	
  Revenue	
  with	
  Online	
  &	
  
Offline	
  Feedback	
  
	
  
RJ	
  Friedlander,	
  CEO	
  
	
  
	
  
	
  
@rj	
  friedlander	
  
@reviewpro	
  
rfriedlander@reviewpro.com	
  
www.reviewpro.com	
  
	
  
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  2	
  
Impact of Reviews
of travelers indicate that their decisions are highly influenced by
reviews & other user generated content





The average number of websites travelers visit before booking a
trip

"
of consumers say they won’t book a hotel if it has zero reviews"


of travelers changed their primary choice during the booking
process after using social media and review sites"


Additional amount consumers are prepared to pay or a hotel
with a 5/5 rating than for a hotel with a rating of 4/5
(e-tailing group)!
(Expedia Media Solutions/Compete)!
(PhoCusWright)!
(World Travel & Tourism Council) !
Comescore!
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  3	
  
•  Basis of the Analysis:"
–  Nearly 1 million reviews over a period of 2 and a half years"
–  Luxury, Upscale and Midscale establishments"
–  In 11 key markets across the UMS and Europe"
•  The study therefore reaffirms the impact of Online
Reputation on all offline and online Distribution
channels."
Impact of Online Reputation on ADR & RevPar
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  4	
  
Impact of Online Reputation on Hotel Valuation
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  5	
  
How are savvy hoteliers
leveraging this opportunity?"
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  6	
  
What They Used to Teach About Marketing	
  
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  7	
  
What They Should Teach Today	
  
4 P’s 4 E’s""
Product "
Promotion"
Price"
Place"
Experience"
Evangelism"
Exchange"
Everyplace"
"
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  8	
  
Reputation = Revenue
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  9	
  
Guest Intelligence Within the Organization
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  10	
  
PMS!
CRS!
Revenue
Management!
Channel
Manager!
GDS!
Booking
Engine!
!
Social CRM!Guest
Surveys!
Finance! …!
Guest Intelligence Across the Enterprise
HR!
Marketing!
Investments!
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  11	
  
What do We do?
To	
  enable	
  our	
  clients	
  to	
  deliver	
  
be?er	
  guest	
  experiences	
  &	
  to	
  	
  	
  	
  
profit	
  from	
  the	
  social	
  web	
  
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  12	
  
•  Aggregate hundreds of millions of reviews & social media mentions, in
45+ languages, on 100+ of the most relevant OTAs, review websites
and social media platforms."
How do We do it?
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  13	
  
Guest Intelligence = ORM + GSS
Online Reputation! Guest Surveys!
=	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  +	
  
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  14	
  
• More than 17,000 hotels in 100+ countries rely upon ReviewPro
to improve guest satisfaction and increase revenue"
Our Clients
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  15	
  
Our Partners
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  16	
  
•  Combine reputation analytics with STR data
to increase ADR & RevPAR"
•  Use Semantic Analysis to identify areas to
focus operational and service improvements"
•  Repond to tweets within 15min to serve
guests before, during & after stay"
•  Use social media & reviews to identify trends
& follow up with detailed internal surveys "
•  Go through guest satisfaction check at guest
check-out to improve online reviews post-stay"
How Clients Leverage our Guest Intelligence
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  17	
  
•  Reporting and benchmarking to board of
directors and for individual bonuses"
•  Email from CEO upon check-out thanking client
and asking if everything was OK"
•  Share reports and use alerts with frontline staff
and in team/departmental meetings "
•  Analyze potential investment opportunities "
•  Identify areas for staff training, education and
support"
How Our Clients Leverage our Guest Intelligence
ENTER	
  2015	
  Industry	
  Track	
   Slide	
  Number	
  18	
  
Contact
R.J. Friedlander!
CEO"
"
"
rfriedlander@reviewpro.com"
Twitter: @rjfriedlander"
Skype: rjfbcn"
Mobile: +34 610 459 003"
Website: www.reviewpro.com"

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Reputation = Revenue. Increasing Revenue with Online & Offline Feedback

  • 1. ENTER  2015  Industry  Track   Slide  Number  1   Reputa<on  =  Revenue   Increasing  Revenue  with  Online  &   Offline  Feedback     RJ  Friedlander,  CEO         @rj  friedlander   @reviewpro   rfriedlander@reviewpro.com   www.reviewpro.com    
  • 2. ENTER  2015  Industry  Track   Slide  Number  2   Impact of Reviews of travelers indicate that their decisions are highly influenced by reviews & other user generated content
 
 
 The average number of websites travelers visit before booking a trip
 " of consumers say they won’t book a hotel if it has zero reviews" 
 of travelers changed their primary choice during the booking process after using social media and review sites" 
 Additional amount consumers are prepared to pay or a hotel with a 5/5 rating than for a hotel with a rating of 4/5 (e-tailing group)! (Expedia Media Solutions/Compete)! (PhoCusWright)! (World Travel & Tourism Council) ! Comescore!
  • 3. ENTER  2015  Industry  Track   Slide  Number  3   •  Basis of the Analysis:" –  Nearly 1 million reviews over a period of 2 and a half years" –  Luxury, Upscale and Midscale establishments" –  In 11 key markets across the UMS and Europe" •  The study therefore reaffirms the impact of Online Reputation on all offline and online Distribution channels." Impact of Online Reputation on ADR & RevPar
  • 4. ENTER  2015  Industry  Track   Slide  Number  4   Impact of Online Reputation on Hotel Valuation
  • 5. ENTER  2015  Industry  Track   Slide  Number  5   How are savvy hoteliers leveraging this opportunity?"
  • 6. ENTER  2015  Industry  Track   Slide  Number  6   What They Used to Teach About Marketing  
  • 7. ENTER  2015  Industry  Track   Slide  Number  7   What They Should Teach Today   4 P’s 4 E’s"" Product " Promotion" Price" Place" Experience" Evangelism" Exchange" Everyplace" "
  • 8. ENTER  2015  Industry  Track   Slide  Number  8   Reputation = Revenue
  • 9. ENTER  2015  Industry  Track   Slide  Number  9   Guest Intelligence Within the Organization
  • 10. ENTER  2015  Industry  Track   Slide  Number  10   PMS! CRS! Revenue Management! Channel Manager! GDS! Booking Engine! ! Social CRM!Guest Surveys! Finance! …! Guest Intelligence Across the Enterprise HR! Marketing! Investments!
  • 11. ENTER  2015  Industry  Track   Slide  Number  11   What do We do? To  enable  our  clients  to  deliver   be?er  guest  experiences  &  to         profit  from  the  social  web  
  • 12. ENTER  2015  Industry  Track   Slide  Number  12   •  Aggregate hundreds of millions of reviews & social media mentions, in 45+ languages, on 100+ of the most relevant OTAs, review websites and social media platforms." How do We do it?
  • 13. ENTER  2015  Industry  Track   Slide  Number  13   Guest Intelligence = ORM + GSS Online Reputation! Guest Surveys! =                          +  
  • 14. ENTER  2015  Industry  Track   Slide  Number  14   • More than 17,000 hotels in 100+ countries rely upon ReviewPro to improve guest satisfaction and increase revenue" Our Clients
  • 15. ENTER  2015  Industry  Track   Slide  Number  15   Our Partners
  • 16. ENTER  2015  Industry  Track   Slide  Number  16   •  Combine reputation analytics with STR data to increase ADR & RevPAR" •  Use Semantic Analysis to identify areas to focus operational and service improvements" •  Repond to tweets within 15min to serve guests before, during & after stay" •  Use social media & reviews to identify trends & follow up with detailed internal surveys " •  Go through guest satisfaction check at guest check-out to improve online reviews post-stay" How Clients Leverage our Guest Intelligence
  • 17. ENTER  2015  Industry  Track   Slide  Number  17   •  Reporting and benchmarking to board of directors and for individual bonuses" •  Email from CEO upon check-out thanking client and asking if everything was OK" •  Share reports and use alerts with frontline staff and in team/departmental meetings " •  Analyze potential investment opportunities " •  Identify areas for staff training, education and support" How Our Clients Leverage our Guest Intelligence
  • 18. ENTER  2015  Industry  Track   Slide  Number  18   Contact R.J. Friedlander! CEO" " " rfriedlander@reviewpro.com" Twitter: @rjfriedlander" Skype: rjfbcn" Mobile: +34 610 459 003" Website: www.reviewpro.com"