Have you ever wondered how your marketing efforts compare with the best in your industry? The Travel Marketing Trends Report 2011, featured in the Wanderlust Report newsletter, shared results of a recent survey and discussed the patterns revealed about travel and tourism marketing today. Here is the second round of survey results, covering the choice of media outlets and the use of competitive intelligence.
Travel marketers still invest in declining channels
While the numbers show a clear adoption of online media channels, travel marketers continue to invest in channels of questionable value and shrinking returns. Print advertising was the number one channel, with 81% of travel marketers placing print advertising in 2010 despite the statistically-documented decline in response rates. Email marketing holds the number two position, even though the effectiveness of this channel has dropped dramatically due to the increasing volume of marketing messages and spam. Media fragmentation and changing consumer habits are forcing us to rethink how we reach more segmented audiences, but many in our industry continue to lag behind.
Competitive intelligence is another overlooked opportunity
We were surprised that only 25% of respondents made an effort to understand and monitor their competition’s ongoing activities. To truly understand what sets your business apart, you need to know what your competition can offer, how they position their businesses and how your brand message can be more relevant and attractive to travelers. That takes competitive research, a little reverse engineering of brand positions, and some soul searching on your organization’s strengths and weaknesses. Can you really afford NOT to know what the competition is doing?
Read more of Wanderlust Travel Marketing Trends Report 2011 in the Wanderlust Report, Volume 3, Number 2. Take the Wanderlust Travel Marketing Best Practices Assessment yourself: www.createwanderlust.com/best-practices-assessment
Wanderlust provides marketing and branding expertise to destinations, resorts and tourism attractions. We help them uncover what will drive people to choose their destination above others and build integrated marketing programs to attract them — using mobile, the internet, social networks, direct marketing and mass media.
Contact: Mark Shipley
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