5% - Latitude Digital Marketing
Transcription
5% - Latitude Digital Marketing
Destination: Marketing // Copyright 2014 Latitude Destination: Marketing // Copyright 2014 Latitude Who’s who.. Managing Director at Latitude Commercial Director at Latitude Senior Industry Analyst at Google Head of News at Travel Weekly Group Director CPC Sales, EMEA at TripAdvisor Blogger at travelunmasked.com Head of PPC at Latitude Destination: Marketing // Copyright 2014 Latitude Digital Trends in Travel Latitude – Destination: Marketing 8th of October 2014 Niels Magill – Senior Industry Analyst, Google UK Google Confidential and Proprietary 5 Agenda for Today 1 Google Trends – Introduction 2 Some Trends we have seen this Year 3 Query Volumes as an indicator for Travel Demand? 4 The Macro Picture – Digital in the Future Google Confidential and Proprietary 6 1. Google Trends: Introduction Google Confidential and Proprietary 7 Google Trends is a tool that lets you look at query volumes of what people search for on the Google search engine Source: Google Internal Data. Google Confidential and Proprietary 8 Can anyone guess what this is? Source: Google Internal Data. Google Confidential and Proprietary 9 2. Google Trends: Some Trends we have seen this Year Google Confidential and Proprietary 10 Stronger start for outbound demand: +7.2% YoY; Dom. demand with slightly stronger Jan. turning into a low Feb.: -16.5% YoY Domestic and Outbound Travel Queries Dec. 2012 – Feb. 2014 120 108.8 100.0 102.4 100 78.6 Volume 80 60 71.7 68.3 65.6 40 20 Domestic 0 Source: Google Internal Data. Outbound Google Confidential and Proprietary 11 This was strongly driven by adverse weather conditions, which has also been a key driver in previous years Domestic Demand & Precipitation 2012-2014 Rain 12 Rain 13 Rain 14 Dom. Demand 12 Dom. Demand 13 Dom. Demand 14 Volume of Precipitation 250 120 100 200 80 150 60 100 40 50 20 0 0 1 2 3 4 5 Query Volume 300 6 Weeks Source: Google Internal Data. Google Confidential and Proprietary 12 Media mentions of adverse weather conditions have been further reinforcing the slump in domestic demand Domestic Demand 2013 vs. 2014 250 Volume of Search Queries 200 150 Average query decline of -17% YoY 100 27.01.14 - Major incident declared by various councils in the UK 50 Dom. Demand 13 0 Source: Google Internal Data. Dom. Demand 14 Google Confidential and Proprietary 13 Last year, we have seen a turnaround point in weather as well as demand at the end of March Domestic demand queries and precipitation YoY 12/13 - First 23 weeks of the year - 50% 40% YoY % - change Query 12/13 Weather/Query Turnaround 30% Rain 12/13 20% 10% 0% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 -10% -20% -30% Source: Google Internal Data. Weeks Google Confidential and Proprietary 14 What does this tell us? Queries contain real-time data • Queries move in-line with interest (vodka/hangover) • Queries react to weather conditions (demand shifts/turnaround points) • Queries reflect emotions (e.g. good/bad news) What people search for can be seen as a real-time data proxy for interest, containing external (weather conditions) as well as internal factors (emotions) and reflecting what people want, when they want it. Google Confidential and Proprietary 15 3. Google Trends: Query Volumes as an indicator for Travel Demand? Google Confidential and Proprietary 16 Overlaying STR Occupancy data and Google queries: very similar pattern, but query growth outpaces occupancy growth Cornwall & Devon: Occupancy and Google queries overlayed 300 100 90 250 80 150 50 40 100 30 20 50 Google queries 10 Occupancy Jan 14 Dec 13 Nov 13 Oct 13 Sep 13 Aug 13 Jul 13 Jun 13 Apr 13 May 13 Mar 13 Feb 13 Jan 13 Dec 12 Oct 12 Nov 12 Sep 12 Aug 12 Jul 12 Jun 12 May 12 Apr 12 Mar 12 Feb 12 Jan 12 Dec-12 Nov 11 Oct 11 Sep 11 Aug 11 Jul 11 Jun 11 May 11 Apr 11 Mar 11 0 Jan 11 0 Feb 11 Query Volume 60 Occupancy in % 70 200 Google Confidential and Proprietary 17 Model 0: We predict occupancy rates, based on occupancy rates last month and last year Occupancy Rate Cornwall / Devon 100 90 80 70 Occupancy to be predicted Occupancy last year 60 50 Occupancy last month 40 30 20 10 Feb 14 Jan 14 Nov 13 Oct 13 Sep 13 Aug 13 Jul 13 Jun 13 May 13 Apr 13 Mar 13 Feb 13 Jan 13 Dec 12 Nov 12 Oct 12 Sep 12 Aug 12 Jul 12 Jun 12 May 12 Apr 12 Mar 12 Feb 12 Jan 12 Dec 13 Occupancy 0 Google Confidential and Proprietary 18 Model 1: We predict occupancy rates, based on occupancy rates last month and last year AND Google queries Occupancy Rate Cornwall / Devon and Google queries 100 300 90 250 80 Occupancy to be predicted 70 200 Occupancy last year 60 50 150 Occupancy last month 40 100 30 Google queries 20 50 Occupancy 10 Google queries Feb 14 Jan 14 Dec 13 Nov 13 Oct 13 Sep 13 Aug 13 Jul 13 Jun 13 May 13 Apr 13 Mar 13 Feb 13 Jan 13 Dec 12 Nov 12 Oct 12 Sep 12 Aug 12 Jul 12 Jun 12 May 12 Apr 12 Mar 12 Feb 12 0 Jan 12 0 Google Confidential and Proprietary 19 Cornwall / Devon: Model 1 shows 40% higher accuracy compared to Model 0 Occupancy Rate Forecasts for Cornwall / Devon Hotels 100 90 80 70 60 Model 0 Forecast (MAE: 5.3%) 50 Model 1 Forecast (MAE: 3.8%) Actual Occupancy Feb 14 Jan 14 Dec 13 Nov 13 Oct 13 Sep 13 Aug 13 Jul 13 Jun 13 May 13 Apr 13 Mar 13 Feb 13 Jan 13 Dec 12 Nov 12 Oct 12 Sep 12 Aug 12 Jul 12 Jun 12 May 12 Apr 12 Mar 12 Feb 12 Jan 12 40 Google Confidential and Proprietary 20 London: Model 1 shows 10% higher accuracy compared to Model 0 Occupancy Rate Forecasts for London Hotels 90 Olympics underest. Olympics 85 80 75 New Market Supply 70 Model 0 Forecast (MAE: 2.9%) Model 1 Forecast (MAE: 2.6%) Actual Occupancy Feb 14 Jan 14 Dec 13 Nov 13 Oct 13 Sep 13 Aug 13 Jul 13 Jun 13 May 13 Apr 13 Mar 13 Feb 13 Jan 13 Dec 12 Nov 12 Oct 12 Sep 12 Aug 12 Jul 12 Jun 12 May 12 Apr 12 Mar 12 Feb 12 Jan 12 65 Google Confidential and Proprietary 21 Hotel queries are growing about 9% in the UK; Desktop now only half of the query Volume Google Confidential and Proprietary 22 22 How to implement all of this Using queries as indicators How to use query data for your business 1. Understand the Query behaviour Get a feel for volumes for your brand, key destinations, countries 2. Integrate the figures in your Analyses & Models Download the data files and integrate them in your analyses 3. Focus marketing efforts around the outcome of your models Show presence when people search for the your brand / key destinations Google Confidential and Proprietary 23 4. The Macro Picture – Digital in the Future Google Confidential and Proprietary 24 FAST, UNPREDICTABLE CHANGE is an absolute certainty Google Confidential and Proprietary 25 „Habemus Mobile“ – 2013 Google Confidential and Proprietary Quelle: NBC News, 2013. 26 150 a day Average number of times smartphone users LOOK AT THEIR PHONES Google Confidential and Proprietary 27 Nomophobia: noun a fear of being without your mobile device or a power source Source: http://www.securenvoy.com/blog/2012/02/16/66-of-the-population-suffer-from-nomophobia-the-fear-of-being-without-their-phone/ Google Confidential and Proprietary 28 ENTERING A NEW WORLD Of Six Screens (yes, six!) [DESKTOP] e.g. Flutter, Leap Motions, Thalmic Labs [MOBILE] e.g. Project Ara [TABLET] e.g. Senseg [TV] e.g. Chromecast [WEARABLE] e.g. Samsung Gear, Google Glass [IN-CAR] e.g. HUD Windscreens Google Confidential and Proprietary 29 THE NEXT 5BN 2014 2020 7.2 BN Global Population 8 BN 2.8 BN Internet Population 8 BN * [39% of Global Population] [100% of Global Population] Google Confidential and Proprietary 30 Source: (1) eMarketer, Nov 2013; (2) Eric Schmidt estimate* How to cope with these Macro changes How to be prepared 1. Become more data-driven Data becomes even more relevant with increasing volumes and numbers of users – so it is important to understand and monitor developments 2. Formulate strategies that are integrated and show presence across devices Show presence and send one integrated message across screens in order to cover the full user journey 3. Embrace the changes on a macro level as a challenge Increasingly rapid changes are almost certain, so it will become imperative to be able to respond to changes quickly Google Confidential and Proprietary 31 recognition@latitudegroup.com Google Confidential and Proprietary 32 33 MILLION REVIEWS AND OPINIONS 34 million million businesses listed user contributions every minute *Source: Google Analytics, average monthly unique users, Q1 2014; does not include traffic to daodao.com 35 Unique monthly visitors* million candid traveler photos Global Reach 30+ % YoY growth NORTH AMERICA EUROPE 30.4m 28.m APAC MIDDLE EAST & AFRICA LATAM 14.9m 2.7m 5.7m Source: comscore June 2014 45 Countries and 31 Languages 36 Facebook Integration monthly Facebook visitors of all new reviews come from Facebookconnected users 37 Have you seen a TripAdvisor sticker? 75% of TripAdvisor members surveyed say they are more likely to use a business with a TripAdvisor endorsement on display 38 Mobile & Tablet Integral pieces of the TripAdvisor platform - but very different Find & book hotels, restaurants, attractions, tours & flights 80+ City Guides available off network Write reviews & participate in travel forums 28 App downloads per minute 128m App downloads in Q2 2014 39 Travelers LIKE sharing 74% of travelers say they write reviews because they want to share a good experience with others Source: PhoCusWright’s “Custom Survey Research Engagement,” prepared for TripAdvisor. December 2013 40 Reviews DO influence traveler decisions 81% 53% of travelers usually or always reference TripAdvisor hotel reviews before making their selection of travelers say they will not book a hotel that doesn’t have any reviews Source: PhoCusWright’s “Custom Survey Research Engagement,” prepared for TripAdvisor. December 2013 41 41 Management responses influence traveller decisions 77% 87% of respondents say seeing a hotel management response to reviews makes me believe that it cares more about its guests. of respondents say an appropriate management response to a bad review improves my impression of the hotel. Source: PhoCusWright’s “Custom Survey Research Engagement,” prepared for TripAdvisor. December 2013 42 Online Reviews DO Impact Bookings 93% 96% of global travelers say their booking decisions are impacted by online reviews of global hotels say reviews are important for bookings Source: PhoCusWright’s “Custom Survey Research Engagement,” prepared for TripAdvisor. December 2013 44 How we Monetise Metasearch 45 How we Monetise Instant Book 46 Instant Book on Mobile User Booking Path – selection & booking of room 47 What’s next? ‘In trip’ Recommendations & Commerce 48 Thank You ahands@tripadvisor.com 49 Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Three Big Themes 1.Devices 2.Data 3.Automation Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Devices Evolution of Devices Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Devices Evolution of Devices - In April 2010 the original iPad Tablet launched. Many thought it would flop - iPhone 4 was released in June 2010. At the time it was Apple’s most successful ever product release - 5% of PPC clicks were coming from Mobile devices. 95% Desktop - Android 2.2 let mobile users view SWF on Smartphones for the first time. Video consumption on Mobile started to catch on - HTML 5 was ratified as a new Web standard for the multi-device age, backed by Google & Apple Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Devices iPhone keeps breaking records Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Devices Latitude Data: 2010 - 2014 Desktop Click Volume Smartphone Click Volume Sep-14 Jul-14 May-14 Mar-14 Jan-14 Nov-13 Sep-13 Jul-13 May-13 Mar-13 Jan-13 Nov-12 Sep-12 Jul-12 May-12 Mar-12 Jan-12 Nov-11 Sep-11 Jul-11 May-11 Mar-11 Jan-11 Nov-10 Sep-10 Jul-10 May-10 Mar-10 Jan-10 UK Paid Search: Device Click Volumes Tablet Click Volume Overall click volumes rising. Growth coming from Tablets & Smartphones Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Devices Think Mobile First UK Paid Search: Device Click Share 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% Desktop Click Share Smartphone Click Share Tablet Click Share Tablet and Smartphone traffic will exceed desktop very soon Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Sep-19 May-19 Jan-19 Sep-18 May-18 Jan-18 Sep-17 May-17 Jan-17 Sep-16 May-16 Jan-16 Sep-15 May-15 Jan-15 Sep-14 May-14 Jan-14 Sep-13 May-13 Jan-13 Sep-12 May-12 Jan-12 Sep-11 May-11 Jan-11 Sep-10 May-10 Jan-10 0% Devices Displays and Interfaces are diversifying Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Devices… Home Devices will connect the Offline world Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Devices Connected Cars – On UK Roads from January 2015 Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Data 23 Years, One Billion Websites Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Data The Zettabyte Era Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Data Demand for Video is driving storage needs Source: http://variety.com/ Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Data Opening the Internet to all Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Data Middle East & Africa coming online Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Data Mobile web in Africa is about to explode… Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Automation Adwords Rules – If this then that Model relationships between cost, ROI and conversion volume Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Automation Linking & Managing Data Adwords Scripts allow data from external sources to be dynamically pulled into Ads - Count down to a key promotion or event - Show “Flights from” ads relevant to the nearest Airport - Create customised messages for people who have visited key pages on your website Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Automation Campaign Management Technology Model relationships between cost, ROI and conversion volume Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Automation Remarketing Strategies Optimise bids & Ads for people who have already visited your website Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Automation Machine Learning Google acquired Deep Mind in January for $400 million Machine learning will improve the intelligence of search - Better search results for users - Better campaign results from bid automation Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Search Marketing Tips Keep getting the basics right Keyword bolding is a key indicator of relevance - Create bold headlines - Include USPs - Include a call to action Stand out with creative ads that appeal to audience moods and motives Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Search Marketing Tips Ad Extensions: Seller Ratings, Social Extensions Use Ad Extensions to enhance Ads with Seller Ratings and Social Engagement: - Cultivate reviews proactively. Ask customers for them! - Engage with Google+; +1s can boost the performance of your PPC Ads Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Search Marketing Tips Consider Voice Searches in your keyword lists Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Search Marketing Tips Create Custom Remarketing Lists Create granular Remarketing lists: - Create lists for visitors who viewed key pages - Increase bids for visitors who have previously shown interest - Optimise Ad copy based on the visitor’s previous on-site activity Use remarketing lists for search ads to access the head term keywords that you might not normally bid on! Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Search Marketing Tips Automate with external data Use Adwords Scripts to automate bids & ads according to real time events Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved Recap What are the big themes? • Mobile. A multi-device world where Mobile dominates audience web usage. Tablets are replacing desktops everywhere but workplaces • Data. The array of devices will create more touch points for users. Ever-improving audience segmentation is already enabling personalised ad messaging in paid search & display channels • Automation. Vital to link up & handle the massive data sets. This will see increased use of management platforms and - specific to PPC - development of Adwords Scripts & Adwords Rules Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved THANK YOU ANY QUESTIONS? Copyright 2014 Latitude Digital Marketing Ltd. All rights reserved