Briefing: Digital innovation improves customer targeting

According to Forrester, by 2020, 47% of Western European advertising spend will come from digital advertising. This kind of advertising allows for very specific targeting of customers. There is a great advantage to knowing who you are reaching and why, and knowing your customers well enough to be able to implement a targeted strategy. According to Forbes, 84% of companies are expecting to increase investment in audience targeting.

Our experts discuss the power that comes from digital and data use:

Whilst digital advertising is increasingly popular, research from Forrester points out that this may be less effective for older age groups who are less likely to consume these ads.  So targeted campaigns for this group may require a different tack.

The Forbes report “Reaching the Right Audience: How Brands Are Using Audience Targeting in Digital Advertising”, which was published in May 2015, found that; “90% of companies spend at least 25% of their digital advertising budgets on specific targets, and 43% of companies spend more than half of their budgets reaching specific targets.”

The report also shows that there is increasing use of digital video campaigns, and that 46% of the companies that use these are careful to validate that they reach the right audience.

Social media sites including, Twitter and Facebook offer ways to make ads that are posted on their sites targeted, and as discussed in a previous briefing, Google has developed hospitality specific ways to improve advertising reach.

Companies will continue to find new and effective ways to reach the right customers. Research from Gartner found that 71% of Marketers have an ‘innovation budget’, whilst Digital Commerce, Social, Marketing Analytics and Customer Experience, were the top-ranked Areas of investment for marketing technology in 2015.

If you’ve been sent to this page and you’re not yet on the circulation list to receive these regular briefings and you would like to sign up, you can do see here. It’s free.

Video clips produced by ybc.tv for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: Hotels struggle to follow trend for personalisation

Companies using personalised marketing have experienced an average uplift in sales of 19% according to research. Personal customer service has always been key in hospitality; ‘A warm and sincere greeting using the guest’s name’ is step one of the Ritz Carlton’s three steps to service. With the increase in data that is being collected from guests, hotels should be able to recognise guests from previous stays and personalise service towards them, but it is not easy. Figures from UNWTO show that there were 1087 million international tourists in 2013 and 6 billion domestic tourists worldwide. With so many different faces passing through the doors it is hard for hoteliers to distinguish individual customer profiles as our experts discuss in this week’s briefing:

Many hotel brands have loyalty programs, which can help them keep a profile of each guest but even within this there are many people to keep track of. Hilton HHonors is Hilton Worldwide’s loyalty programme, which has 42 million members. IHG has 161 million guests nights per annum and its reward club has 82.4 million members globally.

Research shows that 78% of consumers feel that personalised marketing content leads to a deeper relationship with a brand. Personalisation is also used in online retail. 60% of consumers prefer it when online store remembers their contact details and purchase information. In a survey by Oracle 54% of retail consumers said personalisation was important. With customer service becoming more personalised across the board this will continue to be a challenge for hospitality to figure out.

If you’ve been sent to this page and you’re not yet on the circulation list to receive these regular briefings and you would like to sign up, you can do see here. It’s free.

Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: Guest data and great staff combine for the ultimate personalised experience

Data has been a hot conversation topic for a long time now. Personal information holds the secrets to your guests’ desires and is more available than ever. If data helps companies to ‘understand’ their customer, then the customer should reap the benefits. Once the guest arrives at a hotel there is no substitute for intuition. But staff must be equipped to use data on the fly to personalise service.

In this briefing four experts discuss how personalisation is the key to a great hotel experience. Comment from:

  • Frank Croston, Partner, Hamilton Hotel Partners on using consumer data to personalise promotions

  • Anton Bawab, Regional President, Viceroy Hotel Group on intuitive staff offering a more personalised service

  • Michael Levie, Chief Executive Officer, citizenM on valuing service with a smile

  • Stephan Balzer, Chief Executive Officer, Red Onion GmbH on more personalised stays being possible if hotels utilise data

 

If you’ve been sent to this page and you’re not yet on the circulation list to receive these regular briefings and you would like to sign up, you can do see here. It’s free.

Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: Digital age guests want connectivity as standard

We live in a world of consumerised, mobile technology where guests increasingly use the latest gadgets at home and on the move. When guests check in to a hotel they do not stop wanting this level of connectivity. The hotel industry is upping its game, embracing technology as a part of the hotel’s design, infrastructure, and service processes. With increased expectations of hotels and ‘basics’ redefined, brands must find ways to provide “next level” digital experiences for their guests. In this briefing we hear comment from:

  • Anton Bawab, Regional President, Viceroy Hotel Group on connective technology being a must have for hotels

  • Jim Abrahamson, Chief Executive Officer, Interstate Hotels & Resorts on why brands that give great experiences will succeed in the digital world

  • Kathleen Matthews, Chief Communications & Public Affairs Officer, Marriott International Inc on customers wanting connectivity and rich experiences

  • Robert Shepherd, Chief Development Officer – Europe, InterContinental Hotels Group on innovative hotel designs that target modern business travellers

 

If you’ve been sent to this page and you’re not yet on the circulation list to receive these regular briefings and you would like to sign up, you can do see here. It’s free.

Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Chat Button