World’s largest travel site Growing Together: Building your business with the world’s largest travel site Presented by: Melissa Surane Southeast Sales Manager, DMO Display Advertising Sales Growth is never by mere chance; it is the result of forces working together. z -James Cash Penney 2 “From traveler review websites and blogs to social networks and the ever- expanding social graph, the voice of the traveler is playing a greater role in the travel search-shop-buy process.” -PhoCusWright’s Social Media in Travel 2011: Traffic, Activity and Sentiment, July 2011 3 3 Review Sites Social Mobile 4 “More than two in three travelers cite traveler reviews…as influential when planning leisure travel.” -PhoCusWright’s Social Media in Travel 2011: Traffic, Activity and Sentiment, July 2011 5 5 Facebook has more than 1 billion active users Source: Facebook.com 6 69% of online travelers are daily users of social networks PhoCusWright’s Traveler Technology Survey 2011, November 2011 million 7 By 2014, 1.85 billion people will use social networks on a monthly basis That translates to 71% of the world’s Internet users 1.66 1.20 1.43 billion 2012 2013 1.85 billion billion billion 2011 2014 eMarketer.com, February 2012 8 87% of the world’s population are mobile subscribers Source: mobiThinking.com, January 2012 & International Telecommunication Union, 2011 9 9 How consumers use mobile: travel • Mobile was responsible for $2.6 billion USD in travel booking value in 2011.1 • By 2013, that number is projected to exceed $8 billion USD.1 • 3 in 4 active travelers use a mobile device while on the move.2 1 PhoCusWright January 2012 2 mydestination.com 10 Where does TripAdvisor fit in? 11 1 1 30Over domains in 21different languages 3675 million Over 1.6 million 60 million members worldwide businesses in unbiased unique reviewsmonthly and opinions visitors ofworldwide hotels, restaurants and attractions Over 110,000 destinations z 12 12 Growing together: What you can do to improve your presence on TripAdvisor 13 8 TripAdvisor Tips 1 Register with the Management Center 2 3 Encourage reviews Encourage reviews Get notified of reviews and track reviews 4 Write a management response 5 Include a description of hotel and amenities 6 Add photos and videos 7 Add a widget from the Widget Center 8 Add direct contact info with Business Listings 14 1 Register with the Management Center Promote Engage Monitor Utilize TripAdvisor reviews to increase booking conversion Respond to reviews and provide potential customers with useful information Track reviews and customer satisfaction of your property 15 2 Encourage guests to write a review 16 Online and offline tools 17 TripAdvisor reviews are largely positive Average Score is 4.01 47% Percentage of all ratings, February 2012 28% 12% 7% 7% 1 2 3 4 5 18 What affects your popularity? 1) How recent the reviews are 19 What affects your popularity? 2) How positive or negative the reviews are 20 What affects your popularity? 3) The number of reviews 21 3 Get notified and track reviews 22 Track and manage your performance Manage recent reviews and see how travelers have rated your property, such as the service, cleanliness, location, etc. 23 Benchmark your performance 24 4 Write a management response 25 Management Response notification e-mails 26 If I was considering two similar properties, the presence of management responses on one would sway me in its favor. A commissioned survey conducted by Forrester Consulting on behalf of TripAdvisor, “2010 Q4 Forrester/TripAdvisor Custom Online Survey” 27 5 Include a description and amenities 28 6 Upload photos and videos 29 7 Add a widget from the Widget Center 30 31 8 Add direct contact info with Business Listings • Reaches inmarket browsers • Capped annual fee • Pro-rated refund if not satisfied • Performance tracking • Incremental customers • Flexible display options 32 Growing together: What TripAdvisor is doing for you 33 Management Dashboard 34 Facebook integration/Wisdom of Friewnds personalised users more engaged content contributions 35 Videos, tips and guides 3 6 36 Second most downloaded travel app in the world!* • Find & contact hotels • Find flights • Find & reserve restaurants • Read & participate in travel forums • Find & book attractions and tours • Write reviews * Source: Distimo study of all mobile app downloads in travel sector in 2011 across all 65 markets where data is available for Apple App Store for iPad, Apple App Store for iPhone, Google Android Market and Windows Phone Marketplace. 37 TripAdvisor for Business resources • URL − www.tripadvisor.com/Owners • Twitter − @TripAdvisor4Biz • Blog − http://tripadvisor4biz.wordpress.com/ • For Business Listings sign up: − Online at www.tripadvisor.com/BusinessListings − Call 1-866-322-5942 (within USA) or +1-617-431-5424 (outside USA). Agents are available Monday through Friday, 9:30am to 5:00pm, US Eastern Time. 3 8 38