Archive for March, 2009

Eastern VRMA Update #1

Tuesday, March 31st, 2009
Vacation Rental Managers Association

Vacation Rental Managers Association

First I want to say to everyone, flying is pretty good. As much as everyone complains (which by the way is not a good way to promote vacations), I had 3 flight to make it from Boise to Charlotte and all flights were on time. The only hiccup was the Delta employee who suggested that I should pay $175 for my over-sized suitcases. Really? I don’t think so. He caved like bad souffle.

The show. It was an active evening reception in the vendor showcase. More traffic than expected and more positive conversations than folk complaining about the economy. I have found a positive effect of the economy on many vacation managers. It has forced the issue of improving their operations and their marketing/selling.

We will come out of this recession stronger and in a better position to fight for market-share from the hotels. The activities I see vacation managers making to enhance their websites, their online marketing, the analysis of their prospects & guests, and the improvements in their operations are all very positive.

Overall the mood is very positive and anticipating a great recovery for our industry.

More to come tomorrow after some of the sessions.

LiveRez

VRMA (Vacation Rental Managers Assoc.) & Discover Vacation Homes to Promote Vacation Homes

Friday, March 20th, 2009

I am excited.  Very excited.  VRMA, the Vacation Rental Manager’s Association, is reinventing itself and bringing together our industry like never before.  VRMA has launched a new website at www.vrma.com – check it out.  It is a great source of info about the industry.

VRMA has also launched Discover Vacation Homes as a national public awareness initiative for our industry and to make vacation homes a primary vacation option for travelers. 

Be a part of it!  Vacation Managers have the opportunity to become a part of VRMA – check it our at www.vrma.com.  In addition, Discover Vacation Homes offers vacation managers a position at the leading edge of marketing and positioning the vacation home rental industry.  Don’t sit on the sideline, be a part of the goings on. Check it out:


WATCH Video For More Details
Create more business for YOUR company, YOUR owners, and YOUR destination.  Don’t miss out on the many benefits of this national campaign!

 

 

      Join the Cause!


LiveRez.com

Online vacation rental marketing tips for a recession

Tuesday, March 10th, 2009

In the current economic climate, the temptation is to cut back on marketing and promotion. While this may seem like a sensible course of action, it has the potential to harm your business in the long term.  If possible, now is the time to put space between you and your competition.  Travelers are still out there.  They are just looking for different ‘values’ in a vacation and have changed their decision process for booking that next trip.  Invest in adapting your business and marketing efforts to these new Values and Vacation Planning Process.

Following are several specific online marketing activities to focus on.  None of these have to cost much money, they just have to be executed diligently and with very specific goals in mind.  I will cover each of these items in more detail in future posts.  For now, use this as a checklist for your online marketing activities:

  • Focus on Campaigns/Specials Be specific with your marketing activities, making them value based and targeting specific events or seasons.
  • Flexibility in your Rates, Offline&  Online Do not limit your travelers in the # of days they can book for and adapt pricing to different demand levels.
  • Invest in your Website  Create and update content to be engaging and useful.
  • Optimise your Web Site  Search engine optimization, page layouts, and click-paths are all areas toi look into.
  • eMail Marketing  Use email campaigns to promote special offers and collect new email addresses at all possible opportunity.
  • Protect your Brand Online  Make sure your brand is visible online and becomes something travelers trust in and can recommend to friends.
  • Monitor Online User Reviews Continually monitor reviews posted on popular travel sites
  • Use a good Analytics package Do not fly blind, make sure you know your traffic, clicks, and conversions information.
  • Respond to Market Conditions Look what is happening in the world, country, economy and respond to these changes.

In summary, challenging times lay ahead for the vacation home rental industry, but if your website and online presence are in order, the internet sales channel can be an area of revenue growth for your business in 2009-10.


LiveRez

Now THAT is TARGETED Marketing – Travelocity pops my trip up on a Music Site

Friday, March 6th, 2009

Earlier this week I was researching some travel information on Travelocity for my trip to Charlotte, NC for the Eastern VRMA show at the end of this month.  I got some flight and hotel information for my budgeting plans.  I will make the actual reservation a bit closer to the travel date.

The next moring, while I was spinning on my trainer in my garage and listening to music on songza……SURPRISE!!!……up pops a Travelocity ad about going from Boise to Charlotte. 

Personalized Travel Ad Based on a Previous Search

Personalized Travel Ad Based on a Previous Search

Trip is Based on a Search I did a Day EarlierThis is truly amazing marketing. 

Targeted marketing from Travelocity on a completely different website, on a different day, and at a different time.

Trip is Based on a Search I did a Day Earlier

This is amazing stuff and is setting the expectations of travelers as to how they will interact with their vacation provider.

Kudos to Travelocity.
LiveRez.com

Niche Marketing is Good for Vacation Home Rentals, But Do Not Forget Execution

Wednesday, March 4th, 2009

I have discussed the importance of niche marketing, picking your target customer, and speaking to the specific needs of a certain traveler on several of my webinars.  (check the out – Recorded LiveRez Webinars)  One example I have used is providing vacation home rentals for participants in the Coeur D’Alene Ironman race. 

I am an avid Ironman Triathlete and was surprised to see a marketing email from North America Sports (the organization that puts on the Ironman races) promoting a new website for vacation home rentals at the various North America Ironman race locations.  The site:  www.nasvacationproperties.com

Cool.  Great idea.  Very focused.  Bringing vacation home rentals mainstream.  Broader exposure for our industry.  All good.

Then I clicked on the link.  Ahhhhhh!  What is that?  What do I do?  Where do I shop the homes?  What can I click on?  Are my colors messed up?  Web design gone a bit awry?

Website – always remember to follow the principles of :

  • Affinity (you assure me that I am on the right site for what I need)
  • Usability (intuitive & simple navigation and activities)
  • Focus (I know what you want me to do with a clear call to action)

 

Then I checked into the actual vacation homes.  What homes are available?  Where do I book?  Is there only 1 home in each location?  All this is doing is popping me to a VRBO listing.

Now I pride myself on being a positive person and I think you will have to look very hard to find a negative tone in any of my posts.  But I cannot comment on how poor this website is and how poor the execution/delivery of the promise of a great vacation home in the Ironman location is.

Take-away:  when you have the ingenuity & courage ( like www.nasvacationproperties.com has shown), then also take the time, care, and resources to execute at the highest level.

I wish NAS Vacation Properties all the best and hope they continue to improve their offering, presentation, and website.
LiveRez

As a Guest, Some Advice I Have to Vacation Resort

Monday, March 2nd, 2009

Last weekend I had the wonderful opportunity to take my wife and kids to LA for a little beach and Disneyland.  With shame, I have to admit that we stayed at a Timeshare Resort.  Many years ago I bought an Annual Timeshare at the Maui Marriott.  So this year we traded the Maui Vacation Club for a week in LA.  Something we learned is that just as some vacation rentals are great and others are not, some timeshares are great and some not.

Even though this LA timeshare was far (like vintage 1984 for the LA Olympics) below the standard of the Marriott Maui, it did not have to be as much of a disappointment as it was.  I spent some time with the general manager of the resort discussing what I thought he could do to improve the experience.  Here is part of our conversation:

Set expectations – be very clear about what it is, and what it is not.  Trying to make it sound and look more than it is will only lead to disappointment.  This is especially true about the information provided after the booking is made.  I understand that a certain amount of ‘marketing/positioning’ needs to happen to get the booking.  But once the booking is made, start setting the expectations and preparing guest for exactly what they will find.  (’a retaining wall 4 feet from your balcony and bedroom window, but you only have to cross the street and you are on the beach, so enjoy the beach live, not through the window’)

Little things – budgets are tight, you cannot replace the carpet in every room every year (although 2 decades next to beach is probably the limit).  Update some pictures, some decorations, the plates/silverware, the outlets that wiggle in the wall and do not hold plugs in them b/c they are so worn, maybe a shower-head, ………you get the idea.  Details make the experience.

Preparedness – we had a planned outage as a transformer was replaced in front of the resort one morning.  Unfortunately the resort staff did not alert any guests about this and most of the emergency lighting and the flashlights (which are ‘plugged’ into the wiggly outlets) did not work.  I understand you cannot control the utility, but you can control your response.  Their response showed me very little respect for myself and other guests.

Welcome Gift – again it is the little things, but this just shows that “we are happy you are here, we are here to serve you, we are here to make your stay great, we appreciate you choosing us over all your other options”.  This can be something inexpensive & small, but it should be thoughtful.  It can make all the difference in creating a collaborative feeling between guests and the host.

We had a great stay.  The pool was awesome, the location next to beach perfect, and the distance to town convenient.  Unfortunately this was overshadowed by some shortcomings, that if addressed proactively would have been overlooked.