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The Transparent Web:
                          Using Online Marketing and Distribution to
                                   Optimize Pricing Power

                                         Tim Peter
                                          Founder
                                Tim Peter & Associates, LLC




Participating Sponsors:
The online shopping
    experience


•   Transparent




                  Before teeing off...
Choices...
Lots and lots and
 lots of choices...
Lots and lots and
 lots of choices...
Lots and lots and
 lots of choices...
Lots and lots and
 lots of choices...
Lots and lots and
 lots of choices...
Lots and lots and
 lots of choices...
Lots and lots and
 lots of choices...
The purchase “funnel”

     Awareness
      Interest
        Desire

         Action
A tangled web
Typical interactions
•   Paid search                  •   Remarketing/retargeting


•   Natural search               •   Sponsored content


•   Email                        •   Online videos


•   Banner advertising/display   •   Print media
    media
                                 •   Review sites
•   Brand websites
                                 •   Word of mouth
•   Mobile websites
                                 •   Social media
•   Affiliate sites
Why we’re here

•   The transparent web - and what it
    means for your business

•   How to use search and social to reveal
    your value to your guests and golfers

•   The importance of parity and best rate

•   How to track what’s working
17%




      83%
               Consumer
            search activity
            in last 24 hours
               Yes       No
20%




      80%
             Travelers who
               searched
            before booking
               Yes    No
30




24            Shopping
              behavior
18




12




 6




 0
     Sites                   Sessions
             All consumers              Travel shoppers
Natural/
organic search
Paid search
Local
search
Social and
 reviews
Social sites
35%




      65%



       Regular use
        of social
        networks
            Yes   No
16%




      84%   Visited travel
             review site

              Yes      No
9%




              Visited
     91%
           Facebook in
           same month
             as travel
            Yes     No
Social signals
    influence search
•   Pages that earn tweets + Facebook
    shares also correlate well with earning
    links, and send direct traffic on their
    own

•   Facebook shares might be more
    valuable than “Likes”
Top search term
 prior to booking?




“Price”
The “solution”?
Distribution “partners”
want to be the go-to
resource for your golfers
A cure worse
  than the
  disease?
Your choice




Attempt to “win”   Promote
the race to zero   transparent value
Only
$62
Only
$68
!"#$%&'()*''$+*'&,-'$




   ?"<>*6-"1'$+*'>").$
?&'-"<*1$@A>*/-36")'$!:(#$
                                                            +*.&/*$01(/*'$
   ?&'-"<*1$@A>*1(*)/*$
       B*-*1("13-*'$




                                           +*.&/*$!*12(/*$3).$4315*6)7$
           !:"1-;-*1<$!3,*'$=<>1"2*$
                                            -"$038$9"1$01(/*$+*.&/6")'$
Why buy
 from
 you?
Dominant       Impulsive
Fast
       & Ambitious   & Enthusiastic




        Analytical     Reliable
Slow
       & Organized   & Predictable
          Head          Heart
Mind your “P’s and Q”

              Price




  Proximity           Quality
Price




                      Price
                                             Proximity
                          Quality                           Quality

       Proximity




           Dominant                       Impulsive
Fast
          & Ambitious                   & Enthusiastic
                                                    Price
                      Price



          Proximity           Quality                          Quality
                                        Proximity



          Analytical                      Reliable
Slow
         & Organized                    & Predictable
                   Head                        Heart
Rate parity
Top search term
 prior to booking




“Price”
Is this what you
 think when you
hear “best rate”?
Why buy
 from
 you?
Price must
show value
Links tell search
             engines your
              content is
              important           Indexed Web
                                      Page




 Attracts search          Attracts links
 engine spiders




           Keyword Rich
           Web Content




Rankings
Google Place
  pages
Post stay email
 Show a photo




 Promote another stay


  Invite to opt-In


 Invite to social media
Post stay e-mail
• Case Study:
   Resort sent email to all guests who stayed 3 nights
    in in the summer
   Promotion start: Mid-November
   Offered promotional rate for January-February
• Results:
   December online revenue up 200%
   90% of the growth was for following year’s
    revenues
Reveal your value
 Don’t conceal it
Metrics
Repeat visits        Conversion
    Hits      Visits   rate
  Sessions   Top referrers Fans
  Bounce rate           CPM
                 CPC
 Likes Page rank Uniques
   Quality score    Page views
Followers     CPA    Exit rate
       Engagement
Repeat visits        Conversion
    Hits      Visits   rate
  Sessions   Top referrers Fans
  Bounce rate           CPM
         Wait. What?
                 CPC
 Likes Page rank Uniques
   Quality score    Page views
Followers     CPA    Exit rate
       Engagement
Handicap Index * Slope Rating
            113
Cost-per-visit / Conversion rate
ROAS - Return on (Ad) Spend

                 !"#$%&'()
               (%'%#"*%+,-./-$,




         322$/'(,          0/1/*,*2,1/*%,


 Look at all marketing spend as a cost of sale
Best practice:
Positive ROAS budgeting

•   Manage budget and activities to target
    ROAS

•   Increase or lower CPC/effort levels
    based on conversion rate to achieve
    target ROAS
Questions?
Summary
•   The transparent web means your value
    - or lack thereof - is equally transparent

•   Your marketing must reveal, not
    conceal, your value to consumers

•   Price parity and best rate guarantees
    showcase that value

•   The right metrics show you what’s
    working
Thank you


Web:       timpeter.com

Phone:     201-305-0055

Email:     tim@timpeter.com

Twitter:   twitter.com/tcpeter

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The Transparent Web: NGCOA Presentation

  • 1. The Transparent Web: Using Online Marketing and Distribution to Optimize Pricing Power Tim Peter Founder Tim Peter & Associates, LLC Participating Sponsors:
  • 2. The online shopping experience • Transparent Before teeing off...
  • 4. Lots and lots and lots of choices...
  • 5. Lots and lots and lots of choices...
  • 6. Lots and lots and lots of choices...
  • 7. Lots and lots and lots of choices...
  • 8. Lots and lots and lots of choices...
  • 9. Lots and lots and lots of choices...
  • 10. Lots and lots and lots of choices...
  • 11. The purchase “funnel” Awareness Interest Desire Action
  • 13. Typical interactions • Paid search • Remarketing/retargeting • Natural search • Sponsored content • Email • Online videos • Banner advertising/display • Print media media • Review sites • Brand websites • Word of mouth • Mobile websites • Social media • Affiliate sites
  • 14.
  • 15. Why we’re here • The transparent web - and what it means for your business • How to use search and social to reveal your value to your guests and golfers • The importance of parity and best rate • How to track what’s working
  • 16.
  • 17. 17% 83% Consumer search activity in last 24 hours Yes No
  • 18. 20% 80% Travelers who searched before booking Yes No
  • 19. 30 24 Shopping behavior 18 12 6 0 Sites Sessions All consumers Travel shoppers
  • 25. 35% 65% Regular use of social networks Yes No
  • 26. 16% 84% Visited travel review site Yes No
  • 27. 9% Visited 91% Facebook in same month as travel Yes No
  • 28. Social signals influence search • Pages that earn tweets + Facebook shares also correlate well with earning links, and send direct traffic on their own • Facebook shares might be more valuable than “Likes”
  • 29.
  • 30.
  • 31.
  • 32.
  • 33.
  • 34.
  • 35.
  • 36.
  • 37. Top search term prior to booking? “Price”
  • 39. Distribution “partners” want to be the go-to resource for your golfers
  • 40. A cure worse than the disease?
  • 41. Your choice Attempt to “win” Promote the race to zero transparent value
  • 42.
  • 43.
  • 44.
  • 46.
  • 48. !"#$%&'()*''$+*'&,-'$ ?"<>*6-"1'$+*'>").$ ?&'-"<*1$@A>*/-36")'$!:(#$ +*.&/*$01(/*'$ ?&'-"<*1$@A>*1(*)/*$ B*-*1("13-*'$ +*.&/*$!*12(/*$3).$4315*6)7$ !:"1-;-*1<$!3,*'$=<>1"2*$ -"$038$9"1$01(/*$+*.&/6")'$
  • 49. Why buy from you?
  • 50. Dominant Impulsive Fast & Ambitious & Enthusiastic Analytical Reliable Slow & Organized & Predictable Head Heart
  • 51. Mind your “P’s and Q” Price Proximity Quality
  • 52. Price Price Proximity Quality Quality Proximity Dominant Impulsive Fast & Ambitious & Enthusiastic Price Price Proximity Quality Quality Proximity Analytical Reliable Slow & Organized & Predictable Head Heart
  • 54.
  • 55.
  • 56.
  • 57.
  • 58.
  • 59. Top search term prior to booking “Price”
  • 60. Is this what you think when you hear “best rate”?
  • 61. Why buy from you?
  • 63.
  • 64.
  • 65.
  • 66.
  • 67.
  • 68.
  • 69.
  • 70.
  • 71. Links tell search engines your content is important Indexed Web Page Attracts search Attracts links engine spiders Keyword Rich Web Content Rankings
  • 72.
  • 73.
  • 74. Google Place pages
  • 75.
  • 76.
  • 77.
  • 78. Post stay email Show a photo Promote another stay Invite to opt-In Invite to social media
  • 79. Post stay e-mail • Case Study:  Resort sent email to all guests who stayed 3 nights in in the summer  Promotion start: Mid-November  Offered promotional rate for January-February • Results:  December online revenue up 200%  90% of the growth was for following year’s revenues
  • 80.
  • 81. Reveal your value Don’t conceal it
  • 83. Repeat visits Conversion Hits Visits rate Sessions Top referrers Fans Bounce rate CPM CPC Likes Page rank Uniques Quality score Page views Followers CPA Exit rate Engagement
  • 84. Repeat visits Conversion Hits Visits rate Sessions Top referrers Fans Bounce rate CPM Wait. What? CPC Likes Page rank Uniques Quality score Page views Followers CPA Exit rate Engagement
  • 85. Handicap Index * Slope Rating 113
  • 87. ROAS - Return on (Ad) Spend !"#$%&'() (%'%#"*%+,-./-$, 322$/'(, 0/1/*,*2,1/*%, Look at all marketing spend as a cost of sale
  • 88. Best practice: Positive ROAS budgeting • Manage budget and activities to target ROAS • Increase or lower CPC/effort levels based on conversion rate to achieve target ROAS
  • 90. Summary • The transparent web means your value - or lack thereof - is equally transparent • Your marketing must reveal, not conceal, your value to consumers • Price parity and best rate guarantees showcase that value • The right metrics show you what’s working
  • 91. Thank you Web: timpeter.com Phone: 201-305-0055 Email: tim@timpeter.com Twitter: twitter.com/tcpeter