Online vacation rental marketing tips for a recession
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.
Targeting Your Vacation Website Visitors – 10 Tips
Targeting, segmenting, personalizing......whatever you want to call it, I am a huge fan and believe that much of online marketing success depends on the ability to do this well. Following are 10 tips on how to look at the visitors to your website and how to target them with messages that will resonate wiht them.
Returning Visitors
Returning visitors already know the basics about your site. Help them learn more, have a richer experience, and convert faster by targeting a different experience after their first visits. For example, you might replace instructional or introductory language with more relevant content on a second visit based on what you want them to do next.
Frequent Converters
For frequent converters, give them targeted rewards – these visitors are the most valuable, and it pays to engage them more effectively.
Or, encourage infrequent purchasers to convert again by identifying them and then providing a more compelling offer.
Registered Users
Most sites devote a lot of real estate to user registration. If a visitor has already signed up, fill that valuable space with different content. A magazine site, for example, should remove the subscription sign-up content if an existing subscriber is visiting the site. If someone is already receiving your newsletter, use that sign-up space to promote something else.
User-Generated Content Providers
For visitors who contribute to reviews or discussions on your site, make it even easier and more rewarding to participate more. Highlight other opportunities to join your site’s community with layout changes or calls to action.
Weekenders
People behave differently depending on when they visit your site, so target campaigns based on day of week or time of day. If you have offers, promotions, or content that expire at certain times, targeting content based on time of day or day of week will give you an easy relevance win. Inform visitors of upcoming shipping cutoffs, show different content to lunchtime visitors, and try day of week offers to help drive conversion metrics.
Category Loyalists
Give your visitors what they are telling you they want. For the portion of your traffic that repeatedly visits the same category, make the favorite category even more prominent. Try changing navigation to put a visitor’s top category first in the list. Or deliver targeted calls to action and offers associated with the favorite category.
Searchers
Show returning visitors content related to their last site search. Or, make search functionality even more prominent for people who search frequently during their visits to your site.
Deciders
If someone provided job title as part of site registration or a request for information, focus your messaging based on that information. Create segments for different levels of responsibility to increase engagement and to identify decision makers or business owners. Speak to decision makers differently than decision influencers for greater relevance.
Locals
Even on the Internet, a visitor’s geographic location can make them likely to respond to different messages. Would you tell them something different if they were within a few miles of you?
Yahoos and Googlers
People who come from search engines may behave differently. They have used a keyword that you can use to align your solutions to their needs. For that matter, any traffic source may bring users with similar preferences. Use this knowledge to be more relevant to them.
Ralf
LiveRez