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ONLINE MARKETING STRATEGIES FOR TRAVEL Miami, June 2014 1 Barbara Pezzi

ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

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Page 1: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

ONLINE MARKETING STRATEGIES FOR TRAVEL

Miami, June 2014

1

Barbara Pezzi

Page 2: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

THIS SESSION

Get to Grips with Attribution Modelling

Place Analytics at the Heart of Your Marketing Strategy

Page 3: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

A FEW STATS

Page 4: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

IT’S COMPLICATED

Page 5: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

IT’S COMPLICATED

Page 6: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

IT’S COMPLICATED

http://services.google.com/fh/files/misc/multiscreenworld_final.pdf

Page 7: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

IT’S COMPLICATED

http://services.google.com/fh/files/misc/multiscreenworld_final.pdf

Page 8: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

IT’S COMPLICATED

Page 9: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

IT’S COMPLICATED

Page 10: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

IT’S COMPLICATED

Page 11: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

IT’S COMPLICATED

Page 12: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

IT’S COMPLICATED

Page 13: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

IT’S COMPLICATED

http://www.comscore.com/Insights/Blog/Viewability_Benchmarks_Show_Many_Ads_Are_Not_In-

View_but_Rates_Vary_by_Publisher

Page 14: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

CORRELATION DOES NOT IMPLY CAUSATION

http://www.tylervigen.com/

Page 15: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

HAVE YOU FIXED EVERYTHING ELSE?

Page 16: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

HAVE YOU FIXED EVERYTHING ELSE?

Page 17: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

DO YOU NEED IT?

Page 18: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

DO YOU NEED IT?

• There are limits on what can be tracked. If you can’t measure it properly, just say so and focus on what you can.

• Last click may not be perfect, but it is somewhat consistent and accurate and not necessarily enhanced by replacing it with a sequential attribution model where people assign gut values (or political values) to the steps.

• You need to account for payment models (affiliates, ppc, etc..)

• Is your organisation ready for it?

Page 19: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

DIFFERENT CHANNELS FOR DIFFERENT GOALS

http://www.thinkwithgoogle.com/tools/customer-journey-to-online-purchase.html

Page 20: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

THERE ARE OTHER FACTORS

Page 21: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

OPTIONS

• Considering the various funnel stages, multi-device browsing and off/on-line purchasing, media mix modelling (MMM) would be the more appropriate solution. It is however complex and expensive and only warranted for large advertisers.

• A cheaper alternative is to test campaigns introducing one channel at the time and measuring its impact.

• Look at channel sequencing and establish patterns (ex is Tripadvisor always at the start?) and impact. It’ll be more useful that guessing the % of revenue depending on path position.

Page 22: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

OPTIONS

• Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses, visitor segmentation can be sufficient.

• If you have to use an attribution model, apply segmentation to your analysis: ex new vs repeat buyers, subscribers vs non, etc…

• Cross-channel analysis requires user ID

• If using GA for attribution analysis, spend the time to create your own channel grouping

Page 23: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

MULTI-CHANNEL FUNNELS & ATTRIBUTION IN GA

Page 24: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

CREATE YOUR CHANNEL GROUPING

Page 25: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

CREATE YOUR CHANNEL GROUPING

Page 26: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

CREATE YOUR CHANNEL GROUPING

Page 27: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

CREATE YOUR CHANNEL GROUPING

Page 28: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

CHOOSE YOUR SETTINGS

Page 29: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

CHOOSE YOUR SETTINGS

Page 30: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

ASSISTED CONVERSIONS REPORT

Page 31: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

TOP CONVERSION PATHS REPORT

Page 32: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

ATTRIBUTION IN GA

Page 33: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

ATTRIBUTION IN GA

Page 34: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

ATTRIBUTION IN GA

https://www.google.com/analytics/gallery/#posts/search/%3F_.type%3DATTRIBUTION_MODEL%26_.start%

3D0/

Page 35: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

ATTRIBUTION IN GA

Page 36: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

ALWAYS SEGMENT

Page 37: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

ALWAYS SEGMENT

Page 38: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

ALWAYS SEGMENT

Page 39: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

ALWAYS SEGMENT

Page 40: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

THE OTHER OPTION: VISITOR SEGMENTS

Page 41: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

VISITOR SEGMENTS

Page 42: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

VISITOR SEGMENTS

Page 43: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

VISITOR SEGMENTS

Page 44: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

VISITOR SEGMENTS

Page 45: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

VISITOR SEGMENTS

Page 46: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

VISITOR SEGMENTS

Page 47: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

VISITOR SEGMENTS

Visit vs Visitor: $34,792 vs $125,131

Page 48: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

code.google.com/apis/analytics/docs/tracking/gaTrackingCustomVariables.html

VISITOR SEGMENTS: CUSTOM VARIABLES

Page 49: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

http://cutroni.com/blog/category/universal-analytics-2/

http://www.clickz.com/clickz/column/2284038/google-tag-manager-best-practices-part-3-of-3

YOU MAY WANT TO CONSIDER

Page 50: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

IN CONCLUSION:

• Get the basics right first: optimise all campaigns, ensure everything is correctly tracked, review conversion obstacles (high bounce landing pages), etc..

• Segment, segment, segment.

• Before investing in a proprietary solution, do the math. The solution has to add value, not simply be an academic exercise.

• If you are going to invest time/funds in attribution analysis, ensure that internally everyone is on board and willing to re-allocate budgets and technical support.

• Acting on faulty models is worse than taking no action at all.

Page 51: ONLINE MARKETING STRATEGIES FOR TRAVELOPTIONS •Attribution analysis works best for high frequency purchases (ex retail/OTAs/large chains) and large advertisers. For smaller businesses,

“"Not everything that counts can be counted, and not everything that can be counted counts.“

(Albert Einstein)