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Intern Project - Final run-through
7/28/2016
Team Technology
AKA ‘Notorious Data’
Desean
Front End Developer
Zach
Finance
Gus
Product Manager
Niket
Software Engineer
Shamanth
Business Analyst
Monetizing Data by
Increasing Conversion through
Travel Recommendations
Customers Love
Recommendations
40%
40 million / 100 million
75%
62 million / 83 million
?
13 million unique users / month
Sources: Spotify,Statistica, Kissmetrics, Priceline
http://www.slideshare.net/upload
Overview
ResourcesProject Goal Specification
Analyze search and booking
data to identify user patterns
and make monetizable
recommendations
Air Hotel
Rental
Car
Package Cruise
Retail SOPQ OPQ
Priceline
Group
priceline.com
Data: June 21 ,2016 - July 21, 2016
Booking records 1.2 Million, Searches records 263 Million
Tony Padovano
Chief of Staff for CTO
Dan O’Connor
Principal Insights Analyst
Zachary Horne
Solutions Architect
Tools
Mentors
Agenda
1. Timeline
2. Insights
3. Ideas
4. Execution/Recommendation
Timeline
2016
Today
Week 1
Milestone 1
Planning
Milestone 2
SQL Query
Milestone 3
Data analysis Milestone 4
Findings from data
Milestone 5
SlackBot
Milestone 6
Recommendations
June 20 - June 24Task 1
June 27 - July 1Task 2
July 4 - July 8Task 3
July 11 - July 15Task 4
July 18 - July 22Task 5
July 25 - July 29Task 6
Week 2 Week 3 Week 4 Week 5 Week 6
1. Understand data 2. Analyze data
3. Visualize
data
Insights
© 2016 priceline.com
Data Analysis Methodology
To better understand customer search behavior, we mapped searches to bookings...
How did we map a search to a booking?
1. Site Server ID (Cookie) matched
2. Travel Dates +/- 2 Days of check-in and check-out dates
3. Area ID/City ID Matched
Data Analysis Trends
80% of customers search for hotels
multiple times before booking.
Customers search more than once,
perhaps looking for a better price or
considering travel alternatives.
Number of Hotel Searches
PercentofTotalHotelSearches
25% of customers return to search
for hotels on multiple days.
Customers could be considering
alternate plans, or looking for better
deals during this time.
PercentofTotalHotelSearches Number of Search Days
Data Analysis Trends
35%+ of customers search
multiple cities before booking.
These customers might be more
flexible in their travel plans.
PercentofTotalHotelSearches
Number of Cities
Data Analysis Trends
© 2016 priceline.com
Insights Summary
• Many customers search for hotels:
– Multiple times
– In multiple cities
– From multiple properties
• Data allows us to…
– See which destinations have the most flexible travelers
– See what other destinations customers have considered
– And the same for specific hotels
Ideas
© 2016 priceline.com
Tableau Demo
https://nw-tabprq-
201.corp.pcln.com/#/site/finance/workbooks/1576/v
iews
Makes and
Confirms
Bookings
Traditional Travel Agency Online Travel Agency
OTA?
Assists in
Searching
Shares
Advice and
Knowledge
Booking
Engine
Search
Engine
Recommendation
Engine
Execution/Recommendation
© 2016 priceline.com
Slackbot Live Demo
© 2016 priceline.com
Potential Customer Facing Applications of Bots
Destination
Recommendation
Hotel
Recommendation
Technical Details
Recommendation Engine API
Hotel Listings Search Request
www.priceline.com/stay/#/search/hotels/
Impact
★ Multisource Value Creation
★ Valuable Destination and Property Insights for MDMs
★ Unique Site Feature with Potential to Drive Direct Traffic
★ Value Add can Increase Repeat Propensity
5.5% ?
Average New Customer 12 Month Repeat Propensity
★ Increase Conversion by Offering Relevant and Compelling Recommendations
★ Increase Customer Engagement via Interactive features
1.4% ?
Average Hotel Retail Conversion
Next Step
A/B Testing
Using Existing Engine
Q&A
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Intern Project - Tech

  • 1. Intern Project - Final run-through 7/28/2016
  • 2. Team Technology AKA ‘Notorious Data’ Desean Front End Developer Zach Finance Gus Product Manager Niket Software Engineer Shamanth Business Analyst
  • 3. Monetizing Data by Increasing Conversion through Travel Recommendations
  • 4. Customers Love Recommendations 40% 40 million / 100 million 75% 62 million / 83 million ? 13 million unique users / month Sources: Spotify,Statistica, Kissmetrics, Priceline http://www.slideshare.net/upload
  • 5. Overview ResourcesProject Goal Specification Analyze search and booking data to identify user patterns and make monetizable recommendations Air Hotel Rental Car Package Cruise Retail SOPQ OPQ Priceline Group priceline.com Data: June 21 ,2016 - July 21, 2016 Booking records 1.2 Million, Searches records 263 Million Tony Padovano Chief of Staff for CTO Dan O’Connor Principal Insights Analyst Zachary Horne Solutions Architect Tools Mentors
  • 7. 1. Timeline 2. Insights 3. Ideas 4. Execution/Recommendation
  • 9. 2016 Today Week 1 Milestone 1 Planning Milestone 2 SQL Query Milestone 3 Data analysis Milestone 4 Findings from data Milestone 5 SlackBot Milestone 6 Recommendations June 20 - June 24Task 1 June 27 - July 1Task 2 July 4 - July 8Task 3 July 11 - July 15Task 4 July 18 - July 22Task 5 July 25 - July 29Task 6 Week 2 Week 3 Week 4 Week 5 Week 6 1. Understand data 2. Analyze data 3. Visualize data
  • 11. © 2016 priceline.com Data Analysis Methodology To better understand customer search behavior, we mapped searches to bookings... How did we map a search to a booking? 1. Site Server ID (Cookie) matched 2. Travel Dates +/- 2 Days of check-in and check-out dates 3. Area ID/City ID Matched
  • 12. Data Analysis Trends 80% of customers search for hotels multiple times before booking. Customers search more than once, perhaps looking for a better price or considering travel alternatives. Number of Hotel Searches PercentofTotalHotelSearches
  • 13. 25% of customers return to search for hotels on multiple days. Customers could be considering alternate plans, or looking for better deals during this time. PercentofTotalHotelSearches Number of Search Days Data Analysis Trends
  • 14. 35%+ of customers search multiple cities before booking. These customers might be more flexible in their travel plans. PercentofTotalHotelSearches Number of Cities Data Analysis Trends
  • 15. © 2016 priceline.com Insights Summary • Many customers search for hotels: – Multiple times – In multiple cities – From multiple properties • Data allows us to… – See which destinations have the most flexible travelers – See what other destinations customers have considered – And the same for specific hotels
  • 16. Ideas
  • 17. © 2016 priceline.com Tableau Demo https://nw-tabprq- 201.corp.pcln.com/#/site/finance/workbooks/1576/v iews
  • 18. Makes and Confirms Bookings Traditional Travel Agency Online Travel Agency OTA? Assists in Searching Shares Advice and Knowledge Booking Engine Search Engine Recommendation Engine
  • 21. © 2016 priceline.com Potential Customer Facing Applications of Bots
  • 25. Recommendation Engine API Hotel Listings Search Request www.priceline.com/stay/#/search/hotels/
  • 26. Impact ★ Multisource Value Creation ★ Valuable Destination and Property Insights for MDMs ★ Unique Site Feature with Potential to Drive Direct Traffic ★ Value Add can Increase Repeat Propensity 5.5% ? Average New Customer 12 Month Repeat Propensity ★ Increase Conversion by Offering Relevant and Compelling Recommendations ★ Increase Customer Engagement via Interactive features 1.4% ? Average Hotel Retail Conversion Next Step A/B Testing Using Existing Engine
  • 27. Q&A