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Travel 2.0 & The New
                           Connected Economy
19th Feb 2008




John Horsley
Client Services Director
Econsultancy
Fragmentation of media




 | 2   | 19th Feb 2008   | Presentation : John Horsley, Client Services Director, Econsultancy
Media consumption




                                                                                   Source: Metrica Nov 2008




| 3   | 19th Feb 2008   | Presentation : John Horsley, Client Services Director, Econsultancy
Increase in ‘social’ activities




                                                                                 Source: Synovate



| 4   | 19th Feb 2008   | Presentation : John Horsley, Client Services Director, Econsultancy
The Social Media Landscape




| 5   | 19th Feb 2008   | Presentation : John Horsley, Client Services Director, Econsultancy
Blogosphere
Blogosphere is a collective term encompassing all blogs and their
interconnections. It is the perception that blogs exist together as a
connected community (or as a collection of connected communities)
or as a social network.

The term resembles the older word logosphere (from Greek logos
meaning word, and sphere, interpreted as world), the "the world of
words”. Reference Wikipedia

By June of 2008 blog aggregator Technorati had indexed 133,000,000
blog records. Reference Technorati
What is a Blog? The Lines Continue To Blur

Wikipedia defines blogs as:


  * A Blog (a contraction of the term "Web log") is a Web site, usually maintained by an individual
with regular entries of commentary, descriptions of events, or other material such as graphics or video.
Entries are commonly displayed in reverse-chronological order.


  * The Blogosphere is the collective community of all blogs. Since all blogs are on the Internet by
definition, they may be seen as interconnected and socially networked. Discussions "in the Blogosphere”
have been used by the media as a gauge of public opinion on various issues.




 95% of the top 100 US newspapers have reporter blogs
The size of the blogosphere
Growth of the Blogosphere
What do people blog about?




| 10   | 19th Feb 2008   | Presentation : John Horsley, Client Services Director, Econsultancy
‘Cyprus’ specific blog posts
‘Cyprus Limassol’ specific blog posts
How do you compare?




  Tags: cyprus vs. Sicily vs. tenerife vs. Tunisia
Microblogging




| 14   | 19th Feb 2008   | Presentation : John Horsley, Client Services Director, Econsultancy
Microblogging




| 15   | 19th Feb 2008   | Presentation : John Horsley, Client Services Director, Econsultancy
Wikis


                                            invoices




| 16   | 19th Feb 2008   | Presentation : John Horsley, Client Services Director, Econsultancy
Travel Review Sites




Travel-focused social media allows consumers to “get the scoop” ab
facilities and service of hotels they don’t know, from other trave
in real time.

4 million reviews, covering 200,000+ hotels and attractions

TripAdvisor reports an estimated 80% of all comments are positive.
The power of a review




78% believe that consumer recommendations are the most credible form of advertising.
(Nielsen, “word of mouth the Most Powerful Selling Tool, 2007).


Online social network users were three times more likely to trust their peers' opinions over advertising
when making purchase decisions.
("Social Networking Sites: Defining Advertising Opportunities in a Competitive Landscape," JupiterResearch, March 2007)
JupiterResearch, found that Online social network users
were three times more likely to trust their peers' opinions over
advertising when making purchase decisions.


comScore found consumers were willing to pay between 20 to 99%
more for a 5-star rated product than for a 4-star rated product,
depending on the product category. (comScore/Kelsey, October 2007)


Nielson concluded that 81% of online holiday shoppers
read online customer reviews..
Travel Search Engines
Travel Communities
‘Cyprus’ Search Results
Flickr 158,085 results = Cyprus
Flickr 7,046 results = Cyprus + Beach
Flickr 2,646 results = Cyprus Hotel
Flickr 3,687 results Cyprus Larnaca
Flickr 13,076 results Limassol




                                        Youtube 27,000 results = Cyprus
                                        Youtube 1,370 results = Cyprus Beach
                                        Youtube 2,790 results = Cyprus Hotel
                                        Youtube 1,260 results = Cyprus Larnaca
So now you know a bit more about
social media, what do you do next?
Media sharing




| 24   | 19th Feb 2008   | Presentation : John Horsley, Client Services Director, Econsultancy
Video, Images & Maps on-site




| 25   | 19th Feb 2008   | Presentation : John Horsley, Client Services Director, Econsultancy
Google Alerts




| 26   | 19th Feb 2008   | Presentation : John Horsley, Client Services Director, Econsultancy
Social Search Tools
Buzz Monitoring
Engagement Strategy
                                                                                        Plan how you will
   Monitor the online                                                                   communicate
                                                                                        - What are your objectives
   environment                                                                          - How you will achieve coverage/
   - Set up tools to research blogs,                                                    engagement
   UGC, social media, other online media                                                - How to monitor it effectively
   - ID key commentators and                                                            - How to measure it effectively
   influencers and their Connections                                                    - What will success look like?
                                                        Evaluate                        - Review as a part of an
                                                        - What metrics                  integrated strategy
                                                        will you use?
                                                        -Measure
                                                        analytics / ‘Buzz’
                                                        monitoring
Engage                                                  -What worked,
- Supply content to influential bloggers                what didn’t
- Supply content to journalists                         - Evolve                       Tactics
- Engage in leaving comments                                                           and tools
- Linking strategy                                                                     - Review tools and consider tactics
- Form influential connections on social sites                                         to suit your objectives
- Build groups around content                                                          - What is your social currency
- Post articles                                                                        - Who are your conversationalists
- Post optimised press releases                                                        - Integrate with marketing/PR
- Post video and image content                                                         plans
- Adopt social features to sites

    | 35      | 19th Feb 2008    | Presentation : John Horsley, Client Services Director, Econsultancy
Measurement
• Some examples of online measurements:
       • Influence – mentions, links etc from high authority sources
       • Engagement – friends, video/podcast downloads, webchat participants, whitepaper
       subscriptions, RSS subscribes, tweets, diggs
       • Sentiment analysis – positive/negative/neutral article, blog comments, bookmarking
       meta data
       • Increase in referral URL links, visits to site from media, blogs, forums, social networks
       – track impact on sales/quotes/acquisitional behaviour
       • Increase in site visits, page impressions, times on site
       • Effect on organic search ranking – in-links, positioning against campaign keywords etc
       • Effect on Google Page Rank




| 36     | 19th Feb 2008   | Presentation : John Horsley, Client Services Director, Econsultancy
Some ideas to leave you with
 • Use blog content to your improve web sites
 performance
 • Leave comments on key travel sites and influential
 blogs
 • Add comments to your site
 • Have guest make comments on review sites
 • Build connections on social media sites
 • Join or create groups on social sites
 • Post videos to sites like YouTube and to your own
 • Post Images to photo sharing site
 • Measure buzz and reach out to influencers
 • Create & Distribute Content

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The Connected Economy John Horsley - etourism forum

  • 1. Travel 2.0 & The New Connected Economy 19th Feb 2008 John Horsley Client Services Director Econsultancy
  • 2. Fragmentation of media | 2 | 19th Feb 2008 | Presentation : John Horsley, Client Services Director, Econsultancy
  • 3. Media consumption Source: Metrica Nov 2008 | 3 | 19th Feb 2008 | Presentation : John Horsley, Client Services Director, Econsultancy
  • 4. Increase in ‘social’ activities Source: Synovate | 4 | 19th Feb 2008 | Presentation : John Horsley, Client Services Director, Econsultancy
  • 5. The Social Media Landscape | 5 | 19th Feb 2008 | Presentation : John Horsley, Client Services Director, Econsultancy
  • 6. Blogosphere Blogosphere is a collective term encompassing all blogs and their interconnections. It is the perception that blogs exist together as a connected community (or as a collection of connected communities) or as a social network. The term resembles the older word logosphere (from Greek logos meaning word, and sphere, interpreted as world), the "the world of words”. Reference Wikipedia By June of 2008 blog aggregator Technorati had indexed 133,000,000 blog records. Reference Technorati
  • 7. What is a Blog? The Lines Continue To Blur Wikipedia defines blogs as: * A Blog (a contraction of the term "Web log") is a Web site, usually maintained by an individual with regular entries of commentary, descriptions of events, or other material such as graphics or video. Entries are commonly displayed in reverse-chronological order. * The Blogosphere is the collective community of all blogs. Since all blogs are on the Internet by definition, they may be seen as interconnected and socially networked. Discussions "in the Blogosphere” have been used by the media as a gauge of public opinion on various issues. 95% of the top 100 US newspapers have reporter blogs
  • 8. The size of the blogosphere
  • 9. Growth of the Blogosphere
  • 10. What do people blog about? | 10 | 19th Feb 2008 | Presentation : John Horsley, Client Services Director, Econsultancy
  • 13. How do you compare? Tags: cyprus vs. Sicily vs. tenerife vs. Tunisia
  • 14. Microblogging | 14 | 19th Feb 2008 | Presentation : John Horsley, Client Services Director, Econsultancy
  • 15. Microblogging | 15 | 19th Feb 2008 | Presentation : John Horsley, Client Services Director, Econsultancy
  • 16. Wikis invoices | 16 | 19th Feb 2008 | Presentation : John Horsley, Client Services Director, Econsultancy
  • 17. Travel Review Sites Travel-focused social media allows consumers to “get the scoop” ab facilities and service of hotels they don’t know, from other trave in real time. 4 million reviews, covering 200,000+ hotels and attractions TripAdvisor reports an estimated 80% of all comments are positive.
  • 18. The power of a review 78% believe that consumer recommendations are the most credible form of advertising. (Nielsen, “word of mouth the Most Powerful Selling Tool, 2007). Online social network users were three times more likely to trust their peers' opinions over advertising when making purchase decisions. ("Social Networking Sites: Defining Advertising Opportunities in a Competitive Landscape," JupiterResearch, March 2007)
  • 19. JupiterResearch, found that Online social network users were three times more likely to trust their peers' opinions over advertising when making purchase decisions. comScore found consumers were willing to pay between 20 to 99% more for a 5-star rated product than for a 4-star rated product, depending on the product category. (comScore/Kelsey, October 2007) Nielson concluded that 81% of online holiday shoppers read online customer reviews..
  • 22. ‘Cyprus’ Search Results Flickr 158,085 results = Cyprus Flickr 7,046 results = Cyprus + Beach Flickr 2,646 results = Cyprus Hotel Flickr 3,687 results Cyprus Larnaca Flickr 13,076 results Limassol Youtube 27,000 results = Cyprus Youtube 1,370 results = Cyprus Beach Youtube 2,790 results = Cyprus Hotel Youtube 1,260 results = Cyprus Larnaca
  • 23. So now you know a bit more about social media, what do you do next?
  • 24. Media sharing | 24 | 19th Feb 2008 | Presentation : John Horsley, Client Services Director, Econsultancy
  • 25. Video, Images & Maps on-site | 25 | 19th Feb 2008 | Presentation : John Horsley, Client Services Director, Econsultancy
  • 26. Google Alerts | 26 | 19th Feb 2008 | Presentation : John Horsley, Client Services Director, Econsultancy
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  • 35. Engagement Strategy Plan how you will Monitor the online communicate - What are your objectives environment - How you will achieve coverage/ - Set up tools to research blogs, engagement UGC, social media, other online media - How to monitor it effectively - ID key commentators and - How to measure it effectively influencers and their Connections - What will success look like? Evaluate - Review as a part of an - What metrics integrated strategy will you use? -Measure analytics / ‘Buzz’ monitoring Engage -What worked, - Supply content to influential bloggers what didn’t - Supply content to journalists - Evolve Tactics - Engage in leaving comments and tools - Linking strategy - Review tools and consider tactics - Form influential connections on social sites to suit your objectives - Build groups around content - What is your social currency - Post articles - Who are your conversationalists - Post optimised press releases - Integrate with marketing/PR - Post video and image content plans - Adopt social features to sites | 35 | 19th Feb 2008 | Presentation : John Horsley, Client Services Director, Econsultancy
  • 36. Measurement • Some examples of online measurements: • Influence – mentions, links etc from high authority sources • Engagement – friends, video/podcast downloads, webchat participants, whitepaper subscriptions, RSS subscribes, tweets, diggs • Sentiment analysis – positive/negative/neutral article, blog comments, bookmarking meta data • Increase in referral URL links, visits to site from media, blogs, forums, social networks – track impact on sales/quotes/acquisitional behaviour • Increase in site visits, page impressions, times on site • Effect on organic search ranking – in-links, positioning against campaign keywords etc • Effect on Google Page Rank | 36 | 19th Feb 2008 | Presentation : John Horsley, Client Services Director, Econsultancy
  • 37. Some ideas to leave you with • Use blog content to your improve web sites performance • Leave comments on key travel sites and influential blogs • Add comments to your site • Have guest make comments on review sites • Build connections on social media sites • Join or create groups on social sites • Post videos to sites like YouTube and to your own • Post Images to photo sharing site • Measure buzz and reach out to influencers • Create & Distribute Content