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For Travel Brands, It’s What You Know and Who You Know

For Travel Brands, It’s What You Know and Who You Know

enewell

- September 19, 2019

Next to retail, it could be argued that travel is the hottest vertical during the holiday season. Last year, an estimated 107 million people packed their bags for the holidays. And group trips, while fun for the travelers, can be a headache for airlines, cruise lines and other travel companies. Especially those that want to determine the effectiveness of their digital marketing campaigns. Nearly 40 percent of trips booked with our clients include at least two people on the same trip, so if you have a husband and wife planning a trip to Europe over Thanksgiving, how can an airline best understand who purchased the flight and who influenced the travel arrangements?

It starts by identifying and separating the purchasers and trip influencers.

Purchasers need no explanation; they are the individuals who complete a booking. Purchasers are incredibly important to a travel brand’s marketing strategy for up-sell and cross-sell opportunities. The other members of a booking are known as trip influencers; they are messaged by a brand but do not complete the transaction.

Remember the husband and wife travelling to Europe? Let’s say the husband eventually purchased tickets after his wife saw a campaign for an airline and convinced him to book the tickets. In this situation, the husband is the purchaser; the wife is the trip influencer.

Recognizing all the individuals on a booking and classifying them as either a purchaser or trip influencer can positively impact the value of a travel brand’s digital marketing efforts. Our numbers show that individuals on group trips spend, on average, approximately eight-plus percent more compared to a single booker. But that’s not guaranteed; you must know what to say to them first.

Categorization allows brands to better know each individual traveler. Are they a business traveler, leisure traveler or both? If they’re traveling for leisure, are there activities they typically engage in while on their trip? Are they traveling with one other person or with their family? The answer to all these questions and more depends on a variety of factors, but the greater the insights, the greater the understanding of each individual traveler. In turn, a keen understanding of each person ensures travel brands avoid talking to these individuals as if they are net-new acquisition targets. Consumers that receive relevant and personalized messages have shown an increase in brand affinity and offer cruise lines, airlines and others the chance to deliver the type of upsell and cross-sell opportunities that drive revenue.

Separation of purchasers and trip influencers also ensures the impact of non-purchasing trip influencers can be indirectly captured and quantified. Cruise, air and tour companies are well positioned in this regard as they have access to individual information about bookers within a group booking. Based on our past work, we’ve seen a 23+% increase of the attributed value when you’re able to measure everyone in a booking.

While it may seem easier to adopt a spray-and-pray mentality when it comes to delivering digital advertising, everyone wins when travel brands distinguish purchasers and trip influencers from net new prospects. People expect advertising to be relevant and unique to their interests. In approaching personalization at the individual level, with profile data on all their trips regardless of who purchased, brands can keep travelers engaged with relevant, tailored offers and measure the full value of their digital spend.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

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…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats

For Travel Brands, It’s What You Know and Who You Know

enewell

- September 19, 2019

No posts found.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats