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Showing posts with label strategy. Show all posts
Showing posts with label strategy. Show all posts
Firoza Parvin Badhon

Christmas marketing strategy for perfume industry

Many entrepreneurs and startups have psyched that this is an ideal time in which to further achieve your business and get higher profits.

Christmas is coming and the online businesses are in doubt to make decisions that allow them to benefit from the season to promote their marketing strategies. Many entrepreneurs and startups have psyched that this is an ideal time in which to further achieve your business and get higher profits. For it is being viewed as normal to adopt Christmas as a marketing strategy.
 
Christmas marketing strategy for perfume industry
Christmas marketing strategy for perfume industry
But what are the steps that must be taken into account to achieve this in an appropriate way in an online business? The best thing you can do in this regard is to take example of those entrepreneurs who have already proven to be aware of the opportunities that Christmas brings. Make a good demonstration of the online business online perfumery sector, which have carried out a proper way to take advantage of the season to their advantage.

In stores now devoted to this type of product catalogs to reinforce new items and develop strategies that are focused on the idea of ​​buying and giving away perfume for Christmas. It's consistent and logical that you can also help you achieve success in the network before the end of the year. At the end of the day, in this case you can see that perfumes Christmas increase in popularity because they are very suitable gifts for all kinds of people, both men and women or even children.

Therefore, online businesses only have to change the way they raise their marketing strategy to reach customers. Extending the positive ideas like giving away a perfume for a loved one or spouse surprise that perfume that carries forward so long are ways to increase sales and create more interest among customers. If you need inspiration for your business, you can even set how stores perfumery create campaigns that demonstrate how attractive gift infant perfumes younger children, which is a public that at this time of year earn points as a way of increasing turnover.

Entrepreneurs are always interested in achieving better results for your business, so it's important to check for yourself how useful it can be to adjust the Christmas marketing campaign to exactly what the market demands. The perfume industry in particular has come to see that this time of year is an ideal place to effect a shift in marketing strategy to increase sales among all kinds of people now.
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Firoza Parvin Badhon

Revenue management: Five errors to avoid

From who gets to that responsibility and issues related to the strategy itself, to prioritize channels revenue, Jesper Johansen, director of Michel's & Taylor Managed Hotel, reveals the five most common mistakes that even make the best revenue managers and, most importantly, how to avoid them.

Revenue management: Five errors to avoid
Revenue management: Five errors to avoid
First mistake: There is a misconception that only revenue managers need to be trained in this method. This idea usually come from the management team of the hotel, but can have negative consequences for the results of the whole company.

Tip: For those who sit in this case, revenue managers are not islands. In fact, they need the support of the entire company to effectively implement the necessary strategies. The better we understand this strategic line all team members, from the top to the base of the organization, the more they will make it their own and support to drive business.

Error 2: Relying on one or two accounts or distribution channels may leave the hotel overly exposed to circumstances beyond the control of revenue manager and keep sales teams engaged in negotiations variable rates.

Tip: Whenever possible, the volume of each account and each distribution channel should be controlled both retrospectively and in the future. Thus allowing the hotel to keep the best balance between the number of accounts and revenue channels and gives the manager greater control.

Error 3: A change of strategy is always essential, but a drastic change and if it is over in a short period of time could be fatal. For example, changing a strategy based on occupancy rates to another can cause a steep fall in occupancy and, as a result, a decrease in RevPar (revenue per available room) in the short and medium term.

Tip: It is imperative not to apply too many actions at the same time, it further difficult to assess the success of each individual change.

Error 4: The continuous technological advances in revenue management have made it easy to become dependent on their systems. Although this type of system analyzes trends and patterns reserve to a greater degree than most leaders in revenue, obviously take no human intuition nor a general market intelligence. For example, a single event may be programmed to substantially change the demand pattern for a period of time.

Tip: Currently a leading revenue must keep abreast of local news and, in fact, relate inside and outside the industry to acquire a vision of local demand changes, using it to implement strategies of yield and price.

Error 5: The rooms generally contribute between 60% and 70% to the income of a hotel, so this flow is the main priority of the revenue manager. A common mistake, however, believe that maximizing the rooms will solve any problems with other sources of income such as food and beverages.

Tip: The hotels food and beverage make a priority they tend to be more successful in targeting the premium market in terms of total revenues. The best way is to use KPI (Key Performance Indicators or Performance, for its acronym in English) as revenue per available seat time in the restaurant. Beverage turn a key part of the weekly or monthly meetings of business strategy can also improve the revenue stream.
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Firoza Parvin Badhon

Online hotel marketing strategy for 2016

Over 70% of hotels receives less than 35% of its direct sales online reservations.


Online hotel marketing strategy for 2016
Online hotel marketing strategy for 2016

This time of year many of the CEOs and Sales give the finishing touches to their sales and marketing budgets and plan 2016, the best time of year, just before the start of the season RFP (request for proposals, for their acronym in English). Here are the keys to planning online hotel marketing strategy for next year.

Page web.- The most important part of any online strategy is the website of the hotel. Important aspects to consider or at least to raise the suppliers or technical staff:

- Responsive design, because now Google penalizes pages that do not have it searches through mobile in.

- Promoting customer feedback, showing them that you increase online conversions.

- Upgrade the photos if they have more than three years, because they are key to the hotels.

- Hang videos fundamental in the sales process: a video about it on your website is a big selling point because Google also loves.

- Quickly Update content: does not seem to leave this task to others is the best idea when we live in an age where content is king. Refresh the web should be a matter of minutes.

- Web in different languages: numerous studies show that when the hotel page is translated into the language of their customers are more likely to book there directly.

- Landing pages and pop-up windows: if you can add to the site are very effective in capturing and retaining user data.


Booking engine

- The booking engine should be easy to use for the user. Many of them are great for revenue managers, but a minefield for the client, so from Hotelient recommend compare it with Booking and see the results.

- Show ons or extras when booking, as it is proven to increase revenue more than if exposed during the process. Booking does not and in those first moments the client surely what you are doing is to compare the prices of the hotel with an OTA.

- Create different booking engines for special offers: place the booking engine more and more pages with only some of the promotions of the hotel is vital to increase revenue. In Hotelient advise ask the provider if you can create something.

Connectivity

If the channel manager can not connect to Google, TripAdvisor, Trivago and other metasearch engines, look for alternative solutions.

- Separate the channel manager of the booking engine, because the success of the latter will depend on how the supplier invests to keep up with industry trends, so that separating both enable the hotel to move more freely between providers without discomfort.

Advertising / SEO

- If the hotel is already investing in Adwords but is not connected to Google HPA (Hotel Price Ads), the entrepreneur has to solve. Google also RLSA (Remarketing Lists for Search Ads) has better conversion rate and can be a smarter investment.

- The ads 'retargeting' have proven to be an interesting investment because studies show that customers visit about 20 pages before deciding where to book.

- The hotel should make sure your site is updated on keywords, description and SEO titles on all your pages.

- SEO is not just backlinks. Google uses over 200 algorithms, so do only one thing is not enough.

Reputation

- Reputation is the key not only to monitor but also to encourage direct sales.

- The hotel therefore must generate online reactions of customers to promote them through their social networks, website and videos.

Social media

- If the Community Manager is only promoting offers and showing pictures and videos of the hotel, the employer should ask him to stop or even replace him.

- Social networks have to do with storytelling, interaction and conversation. A rule of thumb is that only 20% of the content should be promotional; the rest should focus on the destination, events, interesting stories, interviews, etc.

- Create a YouTube channel with hotel videos, interviews and guest reviews it is also a great tool. 40% of all searches is video and this percentage is expected to rise to 70% by 2018.

Other technologies

- Social WiFi: solicit clients that connect to free WiFi through their social media profiles should be obvious to the hotels. This not only get more followers, but also get your e-mail that can be added to its marketing database.

- The concierge apps should be mandatory that give customers information about the hotel, including offers, events and more. According to recent studies, 85% of smartphone users prefer applications to mobile websites. The apps also reduce the cost of printing brochures and new directories. (See: 'Apps vs. mobile websites in the hotel sector', published by News HOSTELTUR tourism).

The consultant John Kearney is convinced that there are many more areas in which to think, but considers that these are a good start.

A recent study by Kearney reveals that over 70% of hotels receives less than 35% of its reserves for direct sales online. With the implementation of each of the points raised has managed to increase by 60% direct bookings while working in hotels. "It can be done and do not need to break your marketing budget for it."

And he concludes, "we can not live without the OTA, but we can take advantage of great technologies to ensure that we work for the hotel is getting a fair share of direct bookings." (See: 'Hotel Distribution: far be left to the OTA').

 

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