energizing brand advocates in the travel industry

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Presentation on the power of Energizing Brand Advocates by Zuberance Founder/CEO, Rob Fuggetta, at EyeforTravel's Social Media Strategies for Travel conference in San Francisco. March 3, 2011.

TRANSCRIPT

Energizing Brand Advocates

Rob Fuggetta, Founder & CEOfor Social Media Strategies for Travel

March 3, 2011

2

Social Media Marketing Landscape

Listen Engage Sell

Social Media Marketing Products & Services

Zuberance

3

Harness Power of Social Media

Turn Highly-Satisfied Guests into Powerful Marketing Force

Cost-effectively drive bookings Amplify positive WOM Increase star ratings

4

Brand Advocates, Definition

Highly-satisfied customers who pro-actively recommend brands or products without being paid to do so.

5

Advocates: Unique, Powerful Segment

Most trusted sources Highly Influential Massive reach

Business Value

6

Advocates are Most Trusted Source

Recommendations from people known

Consumers opinions posted online

Brand websites

Editorial content (e.g. newspaper article)

Brand sponsorships

TV

Newspaper

Magazines

Billboards/outdoor advertising

Radio

Emails signed up for

Ads before movies

Search engine results ads

Online video ads

Online banner ads

Text ads on mobile phones

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

90%70%70%

69%64%

62%61%

59%55%55%

54%52%

41%37%

33%24%

Sources Consumers Trust

Source: Nielsen

7

An Army of Advocates

Source: Multiple

1 in 4 people in US (60M) are

Brand Advocates

8

Social Media Amplifies Advocates

Sources: Forrester, Comscore; Note: Estimated # of Trusted WOM Impressions over 12-month period

60M Trusted WOM

Impressions

100,000 Energized Advocates

9

5X More Valuable than Ave Customers

Ave Customer

Advocacy Value 3X

Brand Advocates

Spend Value 2XSpend

ValueSources: Deloitte; Owen, Brooks, Zuberance

$3,000Value of one Brand Advocate for hotel

10

Turn Advocates into Marketing Force

Zuberance Advocate Platform

11

Identify Brand Advocates…

How likely are you to recommend our brand or products to your friends?

50%

Ultimate Question for Customer Loyalty

12

…Energize Brand Advocates…Advocate Ratings & Reviews Advocate Stories

Advocate Answers Advocate Offers

13

Advocate Reviews Boost Hotel Sales

Sources: Chadwick, Martin, Bailey

1 Star 3 Stars 5 Stars0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

26% 29%

92%

14%

44%

1%

60%

27%6%

Less LikelyNo ImpactMore Likely

Travelers 3X More Likely to Book Hotels with 5-Star Ratings than 3-Star Ratings

14

…Track Results

Clicks Leads Impressions Sales

15

Motel Mobilizes Advocates

Ratings double to 4 stars Thousands of bookings Projected “ROA:” 15X

16

44% Advocates opt-in 51% answer Q’s 13% conversion rate

HomeAway Finds Answers

17

10X Higher Conversion Rate

Source: FireClick Index, Zuberance Customer Data

Traditional Marketing

WOM/Advocate Marketing

25%

2.5%

18

Thank You!

Rob Fuggetta, Founder & CEOZuberance

rob@zuberance.com650.369.2002

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