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TripAdvisor :

TripAdvisor :. How reviews influence consumer purchases. Presented by Christian Becker. 5/14. Core areas: HOTELS, RESTAURANTS, ATTRACTIONS, DESTINATIONS. 1,100,000+ accommodations. 134,000+ destinations. 335,000+ attractions. 1,695,000+ restaurants. 17,000,000 + candid photos. 260.

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TripAdvisor :

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  1. TripAdvisor: How reviews influence consumer purchases Presented by Christian Becker 5/14

  2. Core areas: • HOTELS, RESTAURANTS, ATTRACTIONS, DESTINATIONS 1,100,000+accommodations 134,000+destinations 335,000+attractions 1,695,000+restaurants 17,000,000+candid photos

  3. 260 60 million million • unique monthly visitors* • TripAdvisor members 150 90+ million • user contributions every minute • reviews and opinions *Source: Google Analytics, worldwide data, July 2013

  4. Travel Paths – Plan and book phase Travellers, who use TripAdvisor are considerably more active during the path to purchase UK transactors who did not visit TripAdvisor interacted in the following way on their way to transacting: • 16 travel visits • Consisting of 120 page views • Taking 96 minutes • Involving 14 searches • Over an average of 35 days UK transactors who visited TripAdvisor interacted in the following way on their way to transacting: • 62 travel visits (+ 297% vs. non-TripAdvisor visitors) • Consisting of 396 page views (+ 230%) • 116 TripAdvisor page views • Taking 230 minutes (+ 139%) • Involving 57 searches (+ 315%) • Over an average of 53 days (+ 51%)

  5. Reviews are influential 89% of global travellers say reviews are influential when choosing where to book 96% of global hoteliers say reviews are influential in generating bookings Source: TripBarometer by TripAdvisor, April 2014 * Data was collected February – March 2014, based on an online survey of 10,370 representatives from accommodations in the TripAdvisor database, weighted equally by country, and 50,637 TripAdvisor website users and Ipsos online panelists who have researched their travel plans online in the last year, weighted to the known profile of the online population. Further details can be found in the TripBarometer global report.

  6. Unique monthly users - Europe TripAdvisor Media Group TripAdvisor Source: comScore, February 2014

  7. TripAdvisor reviews are largely positive Average Score is 4.12 Percentage of all ratings, January 2014

  8. How travelers find hotels

  9. With a Business Listing

  10. 1 Direct contact details on the TripAdvisor property page Flexible display options: Hotel website Phone number E-mail hotel Hotel deals Hotel packages Virtual tour Phone number Hotel website Special Offer & Announcement Email Hotel

  11. 2 Special Offers – attract additional consumers 44% of travellers find Special Offers important when choosing an accommodation Source: TripBarometer by TripAdvisor, April 2014 * Data was collected February – March 2014, based on an online survey of 10,370 representatives from accommodations in the TripAdvisor database, weighted equally by country, and 50,637 TripAdvisor website users and Ipsos online panelists who have researched their travel plans online in the last year, weighted to the known profile of the online population. Further details can be found in the TripBarometer global report.

  12. Special Offers: Property page All pop-ups include property contact details to encourage travellers to act on your promotion.

  13. 3 Show your Special Offer on TripAdvisor mobile site and app1 • Direct reservation line accessible with a touch of the screen. • Available in 21 different languages. • Compatible with all major mobile phones and smart phones. • MOBILE UPGRADE: For an extra fee, put your Special Offer in front of millions of additional unique monthly users. • Remember: Special Offer display on TripAdvisor websites is included with the standard Business Listing subscription 1 At an additional cost

  14. A link on your TripAdvisor profile features your rates and availability — sending travellers directly to your online reservations centre.2 4 A Powerful New Way to MaximiseDirect Bookings 2 Hotel must partner with certified Internet Booking Engine

  15. How it works Travellers see and click on your link on your TripAdvisor page Travellers go directly to your website’s booking page, where they can easily convert into direct bookings

  16. 5 Take control of your reputation on TripAdvisor The Management Center • Encourage and respond to reviews • Manage your TripAdvisor page • Download free widgets to add to your website and Facebook page • Properties that increase their review score by 1 point on OTA channels could increase prices by about 11.2% and still maintain the same occupancy rates* * Source: “The Impact of Social Media on Lodging Performance.” Chris K. Anderson, The Center for Hospitality Research. Cornell University. December 2012.

  17. Review Express Easier than ever to ask guests to write a review on TripAdvisor! • Engage with guests after they have stayed to encourage valuable feedback for your business • Use customisable templates to easily email recent guests • Use campaign dashboard to monitor incoming reviews and optimise campaigns • It’s FREE!

  18. Key Takeaways

  19. Reviews are influential - particular on Tripadvisor • Higher conversion rates (+35%) and up to 12% higher price elasticity with good reviews • Customer journey is a loop, not a funnel – • Once a purchase is made consumers share the experience with others and with the brands! • Take control of your reviews and listen, respond and take note of the feedback offered • As a Hotel Property • As a Restaurant • As an holiday activity (excursion tours) • Use the mobile device for in resort activities • Key Takeaways/Recommendations

  20. Mobile Phones impact in resort • Can they substitute a holiday rep in resort? •  Are apps replacing printed books or City guides? • Can you trust reviews? • When would you write a review (particular good or bad experience)? • What type of activities during a holiday you need more information for (Restaurant, organised tours, Day on the Beach)?

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