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THE NEW TRIPADVISOR
MARTIN VERDON-ROE – TRIPADVISOR VP, B2B HOTELS
We’re the World’s
Largest Travel Community
490
MILLION
UNIQUE
MONTHLY USERS
730
MILLION
REVIEWS &
OPINIONS
256 NEW
CONTRIBUTIONS
POSTED EVERY
MINUTE
49 MARKETS
28 LANGUAGES
ACROSS THE
GLOBE
Most important content during
Trip Planning
VIDEO ARTICLES PHOTOS
36% 47% 45%
Answer Lab, 2018
REVIEWS:
OTHER TRAVELERS
66% FRIENDS & FAMILY:
SHARING TRIPS
62%REVIEWS:
OTHER TRAVELERS
66% FRIENDS & FAMILY:
SHARING TRIPS
62%
Reinventing travel again to meet the needs and expectations of
today’s savvy traveler
Anonymous advice...
Writing reviews...
Reviewing individual places...
Searching and digging...
Researching and planning...
One size fits all...
From
Personal connections & recommendations
Posting photos, videos, guides & lists
Sharing my collective travel story
Assistance in finding just what I want
Exploration and discovery
Personalized experience
To also:
5
1
Expand and Connect
our Community
2
Create new ways to
create and share travel
recommendations
3
Make recommendations
discoverable when and
where I need it
Introducing the New TripAdvisor!
Expanding and Connecting our Community
Travelers Businesses Friends
Influencers Publishers and Brands
1
Reviews
Creating Inspiring and Useful Travel Content2
Articles
Video
Making Inspiration Possible
 Itineraries and Travel Plans
 Bucket Lists and To Do’s
 Recommendations and Guides
Introducing Trips
BTO11 - Il 2019 di TripAdvisor
Travel feed:
a home
experience
that adapts
to user
intent
Making travel recommendations discoverable3
What Does This
Mean For
Businesses?
BTO11 - Il 2019 di TripAdvisor
Traveler Path to Purchase
INSPIRATION SHOPPING DECISION
4
Source: comScore Worldwide Path To Purchase Study 2017
The Path to Purchase: Inspiration Phase
20+ WEEKS
PRE-BOOKING
Travelers are open
to inspiration
and possibilities
Why You Should Care:
During this time, you can
influence travelers to consider
your destination
INSPIRATION SHOPPIN
G
DECISION
8
SHOPPING DECISION
Source: comScore Worldwide Path To Purchase Study 2017
73%
Source: comScore Worldwide Path To
Purchase Study 2017
of all first
searches in
the research
process are
generic
i.e. not brand or
destination specific
of all first
travel
searches
have a
destination
2%
18
Inspiration Comes From Multiple Sources
TripAdvisor is more influential than other sources when choosing a destination
38%
of travelers used
word-of mouth
information
22%
of travelers used
content posted by
friends and family
when deciding on their
destination
22%
of travelers used media
when deciding on their
destination
44%
of travelers used
TripAdvisor
Source: TripBarometer 2016
26%
of travelers used
travel guide websites
19
Tips for Inspiring Travelers
Keep the
Conversation
Alive
Collect, share and
respond to reviews
from travelers
Tell Your Story
Through
Photos
Invest in
inspirational
imagery & videos
The Path to Purchase: Shopping Phase
1-19 WEEKS
PRE-BOOKING
Travelers have selected their
destination and are now shopping for
places to stay
Why You Should Care:
This is an important time to appeal to
qualified travelers and become part of
their narrowed
consideration set
INSPIRATION SHOPPIN
G
DECISIONINSPIRATION
13
DECISION
Source: comScore Worldwide Path To Purchase Study 2017
21
Travelers Engage in Many Activities While
Shopping for a Hotel
72%
72%
71%
62%
56%
29%
27%
SHOPPED FOR A
GOOD DEAL
SEARCHED HOTEL
INFORMATION
READ REVIEWS
ONLINE
LOOKED FOR HOTEL
RATINGS
LOOKED FOR HOTEL
PHOTOS/VIDEOS
ONLINE
READ TRAVEL
ONLINE/NEWS
ARTICLES
SOUGHT
RECOMMENDATIONS
FROM FRIENDS /
FAMILY / SOCIAL
NETWORKS
Source: Hall and Partners Study, ‘Uncovering the Customer Journey,’ 2016
74%
of users
who book
on a hotel
site visit
TripAdvisor
Source: comScore Worldwide Path To Purchase Study 2017
17
25%
of all
shopping
time is
spent on
TripAdvisor
Top Tip for Influencing the Shopping Phase
20
Built for Accommodations
1. I want to pay for clicks,
not impressions
2. I want control and
flexability of my
marketing solutions
The Path to Purchase: Decision
0 WEEKS
BOOKING
The traveler selects a place
to stay and books
Why You Should Care:
This is the last opportunity
to influence travelers to
book with you
INSPIRATION SHOPPIN
G
DECISION
23
INSPIRATION SHOPPING
Source: comScore Worldwide Path To Purchase Study 2017
25
93%
say price is
the strongest
booking
factor
say finding
a good deal
is most
important
Sources: 2016 TripBarometer Study
conducted by Ipsos & Hall and Partners
‘Uncovering the Customer Journey
72%
Say offers
influence
their final
decision
Tips to convert decision-ready travelers:
1. Provide reliable hotel information –
policies, directions, etc.
2. Emphasize best pricing or
lowest price guarantees
3. Invest in high quality photos of property
and room photos
4. Make pages easy-to-use and navigate
5. Clearly display credible ratings
and reviews
6. Think MOBILE in everything you do
Booking Website Features
3
21
4
5
Source: Hall and Partners Study, ‘Uncovering the Customer Journey,’ 2016
BTO11 - Il 2019 di TripAdvisor
BTO11 - Il 2019 di TripAdvisor

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BTO11 - Il 2019 di TripAdvisor

  • 1. THE NEW TRIPADVISOR MARTIN VERDON-ROE – TRIPADVISOR VP, B2B HOTELS
  • 2. We’re the World’s Largest Travel Community 490 MILLION UNIQUE MONTHLY USERS 730 MILLION REVIEWS & OPINIONS 256 NEW CONTRIBUTIONS POSTED EVERY MINUTE 49 MARKETS 28 LANGUAGES ACROSS THE GLOBE
  • 3. Most important content during Trip Planning VIDEO ARTICLES PHOTOS 36% 47% 45% Answer Lab, 2018 REVIEWS: OTHER TRAVELERS 66% FRIENDS & FAMILY: SHARING TRIPS 62%REVIEWS: OTHER TRAVELERS 66% FRIENDS & FAMILY: SHARING TRIPS 62%
  • 4. Reinventing travel again to meet the needs and expectations of today’s savvy traveler Anonymous advice... Writing reviews... Reviewing individual places... Searching and digging... Researching and planning... One size fits all... From Personal connections & recommendations Posting photos, videos, guides & lists Sharing my collective travel story Assistance in finding just what I want Exploration and discovery Personalized experience To also:
  • 5. 5 1 Expand and Connect our Community 2 Create new ways to create and share travel recommendations 3 Make recommendations discoverable when and where I need it Introducing the New TripAdvisor!
  • 6. Expanding and Connecting our Community Travelers Businesses Friends Influencers Publishers and Brands 1
  • 7. Reviews Creating Inspiring and Useful Travel Content2 Articles
  • 10.  Itineraries and Travel Plans  Bucket Lists and To Do’s  Recommendations and Guides Introducing Trips
  • 12. Travel feed: a home experience that adapts to user intent Making travel recommendations discoverable3
  • 13. What Does This Mean For Businesses?
  • 15. Traveler Path to Purchase INSPIRATION SHOPPING DECISION 4 Source: comScore Worldwide Path To Purchase Study 2017
  • 16. The Path to Purchase: Inspiration Phase 20+ WEEKS PRE-BOOKING Travelers are open to inspiration and possibilities Why You Should Care: During this time, you can influence travelers to consider your destination INSPIRATION SHOPPIN G DECISION 8 SHOPPING DECISION Source: comScore Worldwide Path To Purchase Study 2017
  • 17. 73% Source: comScore Worldwide Path To Purchase Study 2017 of all first searches in the research process are generic i.e. not brand or destination specific of all first travel searches have a destination 2%
  • 18. 18 Inspiration Comes From Multiple Sources TripAdvisor is more influential than other sources when choosing a destination 38% of travelers used word-of mouth information 22% of travelers used content posted by friends and family when deciding on their destination 22% of travelers used media when deciding on their destination 44% of travelers used TripAdvisor Source: TripBarometer 2016 26% of travelers used travel guide websites
  • 19. 19 Tips for Inspiring Travelers Keep the Conversation Alive Collect, share and respond to reviews from travelers Tell Your Story Through Photos Invest in inspirational imagery & videos
  • 20. The Path to Purchase: Shopping Phase 1-19 WEEKS PRE-BOOKING Travelers have selected their destination and are now shopping for places to stay Why You Should Care: This is an important time to appeal to qualified travelers and become part of their narrowed consideration set INSPIRATION SHOPPIN G DECISIONINSPIRATION 13 DECISION Source: comScore Worldwide Path To Purchase Study 2017
  • 21. 21 Travelers Engage in Many Activities While Shopping for a Hotel 72% 72% 71% 62% 56% 29% 27% SHOPPED FOR A GOOD DEAL SEARCHED HOTEL INFORMATION READ REVIEWS ONLINE LOOKED FOR HOTEL RATINGS LOOKED FOR HOTEL PHOTOS/VIDEOS ONLINE READ TRAVEL ONLINE/NEWS ARTICLES SOUGHT RECOMMENDATIONS FROM FRIENDS / FAMILY / SOCIAL NETWORKS Source: Hall and Partners Study, ‘Uncovering the Customer Journey,’ 2016
  • 22. 74% of users who book on a hotel site visit TripAdvisor Source: comScore Worldwide Path To Purchase Study 2017 17 25% of all shopping time is spent on TripAdvisor
  • 23. Top Tip for Influencing the Shopping Phase 20 Built for Accommodations 1. I want to pay for clicks, not impressions 2. I want control and flexability of my marketing solutions
  • 24. The Path to Purchase: Decision 0 WEEKS BOOKING The traveler selects a place to stay and books Why You Should Care: This is the last opportunity to influence travelers to book with you INSPIRATION SHOPPIN G DECISION 23 INSPIRATION SHOPPING Source: comScore Worldwide Path To Purchase Study 2017
  • 25. 25 93% say price is the strongest booking factor say finding a good deal is most important Sources: 2016 TripBarometer Study conducted by Ipsos & Hall and Partners ‘Uncovering the Customer Journey 72% Say offers influence their final decision
  • 26. Tips to convert decision-ready travelers: 1. Provide reliable hotel information – policies, directions, etc. 2. Emphasize best pricing or lowest price guarantees 3. Invest in high quality photos of property and room photos 4. Make pages easy-to-use and navigate 5. Clearly display credible ratings and reviews 6. Think MOBILE in everything you do Booking Website Features 3 21 4 5 Source: Hall and Partners Study, ‘Uncovering the Customer Journey,’ 2016

Notas do Editor

  1. At the end of 2018 we rolled out a ‘New TripAdvisor’, better helping travelers easily discover, save and share great recommendations when planning their trips. But how did we get there? - Many of you know the TripAdvisor story. We revolutionized the industry by becoming one of the biggest review websites in the world. We continued to evolve becoming more than just reviews Hotel and air metasearch → experiences and restaurants → and all the while, we grew our community into one of the most assistive networks of people on the planet. In 2018, we proudly support hundreds of millions of travelers each month planning their full trip experience More than 8 million business listed & Connected on TripAdvisor and you are all part of the travel ecosystem. That has seen one wave of positive innovation and disruption after another. Travel and the internet have been wonderful to each other. But there is so much more that can be done… So we asked ourselves if TripAdvisor could be the “one button” platform to meet all travelers needs – from discovery and planning, to booking and sharing – making it more inspiring and personal!!
  2. We started our researches digging deeper into the challenges faced by so many travelers, and it became very clear to us that we could be a new TripAdvisor A solution to many of the unmet needs of consumers that exist today. Our research showed us that reviews still remain critically important to the travel planning process, with our +730m reviews and opinions (and growing), we had a foundation and a history that turned us into a leader. But that same research showed us: That travellers want to hear from friends or family about their favorite places to go. And a new generation of highly mobile traveler was also hungry for inspiring videos and photos and expert advice in the articles from from publishers, brands and social influencers that made them want to visit new far off lands or try new cuisines or plan that next adventure. And we don’t need research to tell us that with the explosion of social media sites, people love to share and post about their lives and travels and love to see what others are doing too next
  3. So – we’ve evolved. To name a few points in terms of how we are shifting, we moved from: Anonymous advice to better helping “you” as a traveler make more connections within our community of people you know or respect that deliver more relevant recommendations and advice. We also have reviews as a part of our foundation at TripAdvisor, but we also pivot to deliver to travelers more inspiring photos, videos, articles and travel guide content from sources that inspire them And we evolved beyond a one size fits all experience to something more personal. TripAdvisor is now making travel planning easier. There is too much travel information available online and offline. Consumers search multiple travel sites because they have Fear Of Missing Out on an amazing experience.
  4. Add animations The new TripAdvisor is: An expanded community Creating amazing content that is useful too That is discoverable through the new Travel Feed What we aren’t trying to become is a social media site, but the new TripAdvisor enables social connectivity and uses socially-assistive tools allowing you to follow people and publishers you want, save and share inspirational content like trip lists, videos and photos to help them plan their trip.
  5. We have an amazing community of travelers and business owners today all contributing and benefiting from wisdom of the travel crowd. But with the new TripAdvisor we’re expanding beyond that to include anyone who you would turn to for great travel recommendations. And that includes: Your friends – we all have our go to friends who give the best travel advice or those we turn to because we know they’ve been to. A place you want to go Publishers and Brands – tremendous content already produced that could be useful As well as Influencers – users with deep expertise or interests that have attracted real loyal followings And we’re not just expanding our community we also know each traveler has their own unique sense of who they trust for recommendations so we’re also looking to connecting the community as well. Therefore with the new TripAdvisor we’re excited to introduce an updated profile page. A place where you can showcase your travel experiences We have added Follow - giving you the ability to follow the people you trust We are also making making it easier to find and follow your friends And we’re excited that already over 3.000 publishers, brands, influencers and have already joined the new TripAdvisor experience including the Italian top media La Stampa, La Repubblica, TGCom, Traveller Conde Nast and travel influencers such as Insopportabile
  6. Reviews have been our lifeblood and we’re not just excited about the amount of reviews but the true quality of reviews. And that investment early on to ensure we have the most trust worthy high quality reviews continues to benefit travelers and in turn have those travelers pay it back with equally high quality reviews We’re also giving our community the ability to post articles. Publishers and Bloggers produce some amazing content, advice, tips and recommendations and we want to make sure all of that content is folded into the TripAdvisor experience
  7. Finally video! One of our most requested content types makes it to our platform. And understandably so. Travelers have increasingly taken amazing videos to document their trips. And publishers, brands and influencers have raised the bar in amazing high quality video content that truly inspires you and gives you a real sense of the destination.
  8. But we’re not just bringing content to our site, we also want to make that content useful. And when you’re travel planning, you not only want to be inspired by content, but you want the details to better help you experience those recommendations. You want to learn more about where the place is, is it open, does it meet your needs, how much does it cost, and of course can I book it. So with every content posted, we’re highlighting the places and destinations that are recommended in the video, article, photo or review. And of course every content shared is directly connected to the 8 Million business pages on our site giving travelers direct access to learn more, see if the business is open, the price to stay, the details of that tour. We’re making Inspiration possible for all of our travelers. And if you love what you see and want to remember it for later you can always save the ideas as well Speaking of saves… Let’s talk about lists. In travel the list has taken many forms, the notebook of ideas, a spreadsheet, the manilla folder of printouts.  It’s also where you share your recommendations be it a sea of links in an email, a travel guide book or even the tear out map at the hotel concierge Today we’re simplifying and enhancing the list experience…
  9. It can be private or public. Privately, Trips can be used to plan your itinerary Is collaborative Each item is mapped Gives you the ability to annotate is connected to all details about that place all in a beautiful package that gets you excited about your trip Publicly Trips can serve as a beautiful travel guide you can consume as well as create yourself! The sea of links you emailed your friend is now completely interactive and helpful Annotations are now helpful tips All information mapped and linked to the deep information on TripAdvisor You’ve done your friend a real solid giving them a custom created travel guide
  10. We’re excited to see what our community can build! We are seeing some amazingly creative Trips created that will truly help our travelers out.
  11. So we’re now connecting you to people and businesses you trust. We’re allowing the community to create amazing content that both inspires you while also helping you take action. But now how do we make that information discoverablee? How can we help you out without you having to seek it out? We’ve therefore introduced a brand new experience on TripAdvisor called the Travel Feed It’s a new surface to discover great travel recommendations. We’re taking the nearly decades work of data science in Travel and working with the largest travel dataset to build a discovery system that combines all the information that helps you prepare and enjoy your trip into a single feed For example, if you’re planning a trip to Tuscany you want easy access in one place to information not only about hotels, restaurants and experiences, but also engaging influencer and media content on the best places to visit All personalized to create a whole new kind of feed built for Travel and built for you
  12. Let’s take a look at the new TA, and what hotels can currently do as part of the new TripAdvsior (Video: https://www.youtube.com/watch?v=by5NEypJjy4)
  13. Traveler path to purchase - comprised of three levels: Inspiration, Shopping, and Decision Inspiration phase marketing requires high reach to an audience that’s just starting to think about travel with lower booking intent Shopping phase marketing reaches a more targeted audience with higher booking intent that is actively researching in your destination, but hasn’t made final decisions Decision phase marketing is highly targeted to a small audience with very high booking intent
  14. Timing: 20 weeks in advance of booking What’s happening with travelers: they’re just beginning the process and are open to possibilities Why it matters: ideal time to influence travelers to consider your destination or property
  15. comScore study reveals interesting trends about the very beginning of inspiration 73% of all first searches in their whole research process do not include a specific brand or destination – example from images or study Just 2% include a destination from the start
  16. Similarly, our latest TripBarometer survey found 74% of travelers said they begin planning their trip by researching and choosing a destination. Highlight some top sources, concluding with TripAdvisor as the biggest and most influential source Key is to be strategic with investment at this stage because audience is largely unqualified.
  17. Given the importance and growing influence of TripAdvisor in this stage, we encourage hoteliers to be mindful of their photos and reviews Top photo tips: always use professional quality photos, include an array of photos so guests can get a feel of what to expect at your property, and mix up the style and format of photos. Photos without people in them tend to perform better as well. TripAdvisor Business Advantage Preferred subscribers have access to Storyboard, Favorite Photos and Cover Photos, as well as Property Videos which allow you to tell a dynamic and engaging story about your property and really engage travelers. In fact, according to a 2018 Mazliah study, properties with Business Advantage Preferred Access see 32% more page views than properties without Business Advantage Also, with the importance of word of mouth at this stage - continuing to collect and share reviews over time is a good way to appeal to this behavior
  18. Timing: 1 – 19 weeks prior What’s happening with travelers: they’ve selected a destination and are building a consideration set Can tend to be a lot of anxiety in this stage as travelers work to ‘get it right’ also have a fair amount of missing out and fear of not finding the best deal Why it matters: Audience of travelers is more qualified and more able to be influenced to consider your property
  19. The Traveler Shopping Experience is Vast Travelers are actively engaged in shopping for a while (average of 89 days, spent 164 minutes researching, consumed 182 pages, initiated 40 searches) Metrics are significantly higher for TripAdvisor users vs. non-users; more opportunity to influence in this phase Highlight specific activities travelers are engaged in & scope of everything they’re trying to do Sheer amount of information available can either empower or overwhelm travelers Regardless of the way travelers are feeling, and what activities they’re doing while research, one thing is the same. The majority of them are coming to TripAdvisor during this “shopping” phase to find their ideal accommodation
  20. Emphasize that TripAdvisor is highly viewed by hotel purchasers "As the world's largest travel site, TripAdvisor is visited prior to purchase by 74% of all users who book on a hotels site" Amount of shopping time spent on TripAdvisor by purchasers is very high, representing a bit opportunity for hoteliers to influence travelers
  21. 1 Common marketing adage that dates back to movie studio marketers in the 1930’s, later popularized by Dr. Jeffrey Lant, that states customers need to receive your message 7 times. Key point is not to overlook the importance of repetition of your message as the shopping process is long and includes lots of repeated visits and time spent. But you don’t want to pay for each of those impressions – only ones where the traveler takes an action In the case of TripAdvisor, Sponsored Placements help you stay at the top of people’s minds by appearing on various high profile pages across the site, but they also work on an easy pay-per-click model 2 Set goals for your campaigns and carefully track their impact on your bookings over time Choose options that allow you to make optimizations over time and are flexible enough to meet your needs (Sponsored Placements offers three separate budget options and allows you to flexibility to set up or cancel your campaign at any time)
  22. Timing: 0 weeks prior to booking What’s happening with travelers: they’re making final decisions and booking Why it matters: Last opportunity to sway travelers to choose you Reach at this phase is really limited, but you’re speaking with people who have really high booking intent for your property
  23. Not surprisingly, price is reported as the most important factor at this stage But don’t overlook the importance of a good deal. Offering a good deal that travelers can’t get at another property – or with another booking partner – is a good way to sway them. For example, this Temperature Guarantee is an interesting approach.
  24. According a recent TripAdvisor study, top factors travelers are looking for on booking websites include: Reliable hotel information including policies, directions A reinforcement on best pricing, particularly low price guarantees High quality photos Easy to use and navigate site – on both desktop, and increasingly, on mobile Clear reinforcement of ratings and reviews
  25. In closing - 18 years ago we revolutionized the industry by enabling travelers to benefit from the wisdom of the crowds Today: We’ve become the world’s largest travel site We have the largest, most engaged community of travelers and businesses We have the most robust data to drive personalization and insights over the course of the entire trip influencing travellers’ decisions during the path to purchase Going forward, the new TripAdvisor is the one site where you discover, research and book better than anywhere else online. We will continue to innovate and make TA even better for travellers and tourism businesses all around the world!