bto 2009 - garry c.titterton - caravaggio consulting

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THE NEW ROUTES FOR CUSTOMER TRAVEL The new way in which the customer interacts with media.

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BTO - Buy Tourism Online '09 16 e 17 Novembre 2009 A Firenze, Stazione Leopolda CARAVAGGIO CONSULTING Garry C.Titterton

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Page 1: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

THE NEW ROUTES FOR CUSTOMER TRAVELThe new way in which the customer interacts with

media.

Page 2: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

“The internet is the first thing that humanity has built that humanity doesn’t understand, the largest experiment in anarchy that we have ever had”

Eric Schmidt, CEO Google

Page 3: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

The one way process

Page 4: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

Awareness

Familiarity

Consideration

Purchase

Loyalty

Page 5: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

“Digital Media has levelled the playing field, opening doors to anyone to have immediateand unlimited access to an audience.

But content must evolve with the platform.”

Mark Pedowitz, President ABC Studios.

Creating a dialogue

Page 6: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

Loyalty loop

MOMENT OF PURCHASE

INITIAL CONSIDERATION

SET

Active Evaluation

Post Purchase Experience

Trigger

On-going Exposure

Information Gathering and shopping around1.The consumer considers an initial set of brands based on perceptions and exposure to touch points

2. Consumers add or subtract brands as they evaluate what they want

3. Ultimately the consumerselects a brand

4. After purchase the consumer builds expectations based on experience to inform themselves for the next decision journey.

Page 7: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

Speed, Depth, and Dialogue along the customer journey

“ ”

Page 8: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

The importance of Web 2.0

Page 9: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

CURATORS

PRODUCERS

COMMENTATORS

SHARERS

WATCHERS

Dialogue with the engagement pyramid

Source: Universal McCann Media Tracker Wave March 2008

Page 10: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

Integrating the customer into the process

Page 11: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

“I hear and I forget.

I see and I remember.

I do and I understand.” Confucius

Page 12: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

Fiat 500

Page 13: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

Things are evolving…fast, no very fast.

“Five years from now all media will eitherbe completely digital or well on its way to becoming intangible.”

Steve Rubel Ad Age December 2008

Page 14: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting
Page 15: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

I am social, therefore I am.

Page 16: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

therogersmithhotelnew york

Page 17: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting
Page 18: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

Post messages

Reply to other users Respond to direct messages Twitter

Monitor search terms for leads and reputation

Post new videos YouTube (& video sites)

Monitor comments

Submit posts Check popularity of content Digg & Delicious ( and bookmarking sites)

Browse popular stories for ideas and trends

Blog

Post new entries regularly

Check statistics for growth & traffic spikes

Moderate comments

Respond to comments

Review other industry blogs

Post new photos

Monitor and respond to comments

Review group submissions

Submit photos to other groups

Monitor “Explore “ page for creative ideas

Check for reviews & content

Respond to all reviews ( positive & negative)

Encourage happy guests to review

Flickr (& photo sites)

Trip Advisor (& review sites)

SOCIAL MEDIAMAINTENANCE

Page 19: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

How to generate clicks on your site.

Page 20: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

PPC

Organic

Pay Per Click and Organic Search

Page 21: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

Google’s Golden Triangle.

PPCOrganic

Page 22: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

CUSTOMER VALUE LESS ACQUISITION/ RETENTION COSTS = LIFETIME VALUE

TRANSACTION VALUE NETWORK VALUE

FREQUENCY

TRANSACTION SIZE

CUSTOMER CHURN RATE

TOTAL SUM OF REFERRAL VALUESFROM ORIGINAL CUSTOMER BASE

LIFETIME VALUE EQUATION

Page 23: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

1. Out of clutter, find simplicity.

2. From discord, find harmony.

3. In the middle of difficulty lies opportunity.

Albert Einstein

Page 24: BTO 2009 -  Garry C.Titterton - Caravaggio Consulting

Thank you.

For further information about maximizing your customer contact email Garry Titterton on:

[email protected] or click onto

www.ip-seo.com or www.creative-mindset.com