analytics tech trends
play

Analytics & Tech Trends How to sound techy without actually - PowerPoint PPT Presentation

Analytics & Tech Trends How to sound techy without actually being a nerd Jai Govindani Chief Technology Officer Red Planet Hotels HSMAI August 2016 The Digital Journey Digital its not just about tools, its a way of life


  1. Analytics & Tech Trends How to sound techy without actually being a nerd Jai Govindani Chief Technology Officer Red Planet Hotels HSMAI – August 2016

  2. The Digital Journey Digital – it’s not just about tools, it’s a way of life

  3. AARRR! • A = Acquisition = Look at me! • A = Activation = Book a room! • R = Retention = Join my loyalty program! • R = Referral = Tell your friends! • R = Revenue = SHOW ME THE MONEY • !

  4. What is Acquisition Targeting affects conversion First set of More != eyeballs Better Acquisition

  5. Measuring Acquisition • Urchin Tracking Module (UTM) tags • Leave it to your agency (trust but verify!)

  6. AARRR! • A = Acquisition = Look at me! • A = Activation = Book a room! • R = Retention = Join my loyalty program! • R = Referral = Tell your friends! • R = Revenue = SHOW ME THE MONEY • !

  7. Activation/Retention/Referral • By far the most intensive and complicated measurement area • As brief or as detailed as you want • Start small! Trying to measure everything at once = guaranteed failure

  8. Revenue (aka Conversion) • Revenue = where IMPACT is measured • In ‘Acquisition’ – effectiveness of creatives, targeting • In ‘ARR (Activation/Retention/Referral)’ – product experience • Deliver on product promise! • Measuring Revenue • Don’t bother measuring revenue via analytics • You already have revenue data in PMS • Trying to correlate without dedicated team =

  9. General Practices When it comes to data: ASSUME NOTHING TRUST NO ONE TEST EVERYTHING

  10. Analytics Toolkits • Google Analytics – building bad habits since 2005 • Measure everything, look at nothing • Voodoo metrics (bounce rate, demographics)

  11. Tech Trends Keep your CTO on their toes!

  12. Customer Acquisition • Retargeting • Based on website visits • Beating customers into submission • Programmatic Ad Buying • Real-time bidding • Demographic targeting • Dynamic Creatives – create ads on the fly

  13. Guest Experience • On-location Services • Local attractions/restaurants • On-property services • In-room Entertainment (BYOD) • Own device streaming (iOS, Android) • On-demand Streaming (a la Netflix) • Quick and Easy Wi-Fi • If I had to explain it, it wouldn’t be quick OR easy!

Recommend


More recommend