Image Image Image Image Image Image Image Image Image

Tim Peter Thinks

Tim Peter

By

October 29, 2014

Scary Changes Coming to Marketing – Thinks Out Loud Episode 96

October 29, 2014 | By | No Comments


Scary Changes Coming to Marketing Headlines and Show Notes

You might also enjoy the slides from my recent webinar, Digital Marketing Directions: Key Trends Driving Your Marketing Next Year,:

Image credit: Wikipedia’s Horror Films article and believed to be in the public domain.

Contact information for the podcast: podcast@timpeter.com

Technical details: Recorded using an Audio-Technica AT2035 studio condenser microphone through a Mackie Onyx Blackjack USB recording interface into Logic Express 9 for the Mac.

Running time: 14m 18s

You can subscribe to Thinks Out Loud in iTunes [iTunes link], subscribe via our dedicated podcast RSS feed (or better yet, given that Google has now killed Reader, sign up for our free newsletter). You can also download/listen to the podcast here on Thinks using the player below:

Tim Peter

By

October 28, 2014

How To Use Your Hotel Data to Drive Growth (Travel Tuesday)

October 28, 2014 | By | No Comments

Use your hotel data to drive growthAs you put together your hotel marketing and business plans for 2015, here are a couple of questions to keep in mind: What’s a guest really worth to you? And how much do search, metasearch, mobile, social, OTA’s, TripAdvisor, and all the other digital and traditional travel marketing tactics contribute to that total? What’s really driving your guests to find and book your hotels?

As you think about that, here’s one more question: Do you really think the OTA’s can’t answer these questions?

OTA’s don’t just outspend hotels on marketing because they have more to spend — though that’s unquestionably true. They also spend smarter. Most major online travel agencies have invested heavily in recent years building strong “data sciences” teams, statisticians and database wizards well-equipped to unravel the tangled web of modern marketing. Those investments have paid off, helping OTA’s achieve a dominant role in travel marketing, and resulting in higher distribution costs for hotels.

While Big Data has been, to this point, more hype and hope than help for most hotel marketers, the fact remains that your ability to compete effectively with OTA’s — and with the other hotels in your market — depends on gaining a deeper understanding of your guests. And gaining that deeper understanding depends on having and using the right data to drive your marketing decisions.

Even though it’s unlikely you’ll be able to compete head-to-head with the OTA’s from a technology and data sciences perspective, you can use the data you do have to improve your guests’ experiences before, during, and after their stays. And improving guest experience remains the one key area where hotel operators can always outperform the competition, whether from online travel agents, fellow hoteliers, or new entrants like Airbnb. Few things reinforce your brand value proposition as much as your guest’s overall experience when dealing with your hotel. The data you have available to you provides you a strategic differentiator – your competitors simply don’t know everything you do about the guests who research, book, and stay with you. Why not use that to your advantage?

Start small

For all the promises of “big data,” sometimes just knowing more than you do today represents a huge step in the right direction. How many times has your office curmudgeon (not that your company has one of those), stated “There’s no possible way we could know that” when assessing the impact of your marketing or promotions on “intangibles” such as voice reservations, walk-ins, or guest loyalty? When the alternative is “no possible way to know,” any information is literally infinitely better than where you’re starting from. Which would you rather have: No insight at all into your guests’ wants, needs, and desires? Or even a little bit of insight? Each improvement, no matter how incremental, positions you more effectively against your competition, and positions you for greater success down the road.

One best practice that’s emerged from digital marketing is the use of a “test and learn” approach, where savvy marketers analyze the data from each new initiative to figure out what’s working, then continue to “fish where the fishing’s good,” building on successes, and learning from less successful efforts. Apply a similar approach to building your measurements and increase investments on those efforts demonstrating positive results.

Focus your team and your talents

In most businesses, culture trumps strategy. “The way we’ve always done things” creates a powerful barrier to change, no matter how necessary. If you’ve long relied on anecdotes and opinions to shape your marketing strategy, it’s time to supplement your (usually quite valuable) implicit knowledge with some cold, hard facts. Don’t just look at “ROI” for your marketing initiatives; evaluate the number of profitable guests each produces, and the lifetime value of customers gained from each of your channels.

Assign someone within your marketing, distribution, or e-commerce group to coordinate your team’s efforts and align data collection, analysis, and reporting best practices and lessons learned across your organization. And make sure they have support among your executive team, too. Focus on long-term opportunities, while helping your team find short-term wins to apply better business intelligence in marketing, revenue management, and operations. Use technology to streamline and automate your analytics process; but, even more importantly, train your team members in how to apply the learnings new metrics and measures reveal. A big stack of reports piling up in your marketing team’s inboxes because no one knows how to interpret and act on the results represents wasted effort, and wasted opportunity.

Protect the “crown jewels”

It’s almost cliche to say that “content is king” when it comes to digital. It’s also true. And in a world where mobile plays a huge role defining your guests’ experience, the context in which your guests enjoy that content is “queen.” If content is king and context is queen, data represents the “crown jewels” of your kingdom. And just like any valuable treasure, that data demands protection. Assign someone from your technology team to ensure you’re following appropriate best practices for data protection. As we’ve seen recently with retailers such as Home Depot and Target, privacy matters. Ultimately, any data about your guests belongs to the guest, not to you. Protect their private information as though your business depends on it. Because it does.

I’ve said before that OTA’s aren’t evil; they’re just doing their jobs. When used properly, they remain a key component of your overall distribution strategy. That doesn’t mean you should just outsource your entire hotel to them. You have the information you need to find, attract, and convert the guests you want available to you, as long as you invest the time and effort to make that information work for you. It’s time you get that information to do its job, too.

Tim Peter helps companies put the Web to work to grow their business. Since 1995, he has developed innovative e-commerce and digital marketing programs across multiple industries. An expert in e-commerce and digital marketing strategy, Tim focuses on the growth of the social, local, mobile web and its impact on both consumer behavior and business results.

Note: A version of this post originally appeared on Hotel News Now, where Tim Peter writes a quarterly column for the magazine’s Digital Tech Impact Report.
Tim Peter

By

October 27, 2014

The Little-Known Factors Behind E-commerce Growth in 2015

October 27, 2014 | By | No Comments

Mobile payments image courtesy of HLundgaard on WikipediaE-commerce growth is going to be spectacular for the next few years. In combination with the demographic realities driving mobile commerce, shifts in customer behavior will push overall e-commerce numbers way, way up. Business Insider estimates retailers will see $100 billion in online sales during this year’s fourth quarter, and that’s pretty good. But, as the saying goes, you ain’t seen nothing yet. This overall shift will make that $100 billion seem tiny by comparison.

Millennials and Mobile Meet the Payment Industry

The huge shift in e-commerce will come from Millennials, mobile, and in particular, mobile payments. According to their 2013 annual reports, Visa [PDF link] and Mastercard [link] handled 58.5 billion and 38.6 billion transactions, respectively, worth a combined $11 trillion. That’s 11,000 billion dollars. Which, in case you’re not a fan of math, is just a shade more than the $100 billion in online sales Business Insider projects for this coming holiday season.

Today, your customers use credit cards to make their purchases because they’re the simplest, most cost-effective options available. But recent moves like the introduction of Apple Pay — combined with the recent card hacks suffered by merchants like Target and Home Depot — are starting to change the game for mobile commerce specifically, as well as for e-commerce overall.

Why?

Because, these new products are safer, more secure, and, when done right, easier than swiping a card. The essentially required shift away from “swipe and sign” cards coming next year will only accelerate the trend. I don’t think this is all about Apple, mind you. I expect Google to improve its Wallet app’s usability in the coming months to more effectively compete with Apple Pay, along with any number of competitors to emerge.

For instance, one group of retailers have joined together to create their own payment app, CurrentC. These merchants have even started blocking Apple Pay in favor of their own system which John Gruber thinks is a sign Apple Pay is beginning to succeed. The consensus suggests that Apple Pay is the better system right now, and will likely gain more market traction in the near-term, but that it’s really too soon to tell who wins in the long run. In any case, as it stands today, CurrentC is unlikely to shape customer behavior due to its poor usability. But it could certainly work to improve.

Long-Term Mobile Commerce Trends

The longer-term trend you need to pay attention to is as follows:

  1. Consumers begin to adopt mobile payments. Regardless of the system, the increased usability and security of mobile payments will drive increased use. Mobile payments already account for almost 1 in 4 online payment transactions, and research shows “…transactional services and activities are also gaining… [and that] …iPhone users in Europe are more likely to use mobile services regularly, [for] financial and transactional activities.” The the demographic trends I talked about the other day will play a role, too, as Millennials demand more mobile-optimized services.
  2. Consumer demand drives product innovation. Merchants, card issuers, and technology firms alike are scrambling right now to create the killer payments app.
  3. More payment options lead to higher m-commerce conversion rates. This is long-since proven in “traditional” e-commerce. Want to get more people to buy? Make it easy for them to buy however they prefer. Providing additional payment options reduces friction and increases confidence that you’re a trusted — and trustworthy — partner.
  4. Increased confidence will drive significantly higher volumes of mobile browsing and shopping. We’re already starting to see this, with mobile shopping beginning to outstrip desktop. Just remember that we’re still in the early days. Smartphone penetration in the US has now reached over 70%, but customers are still learning how they’ll use those devices in everyday life.
  5. Lather, rinse, repeat. As these activities become more commonplace, they’ll draw in additional sets of later adopters, fueling rising growth for some time to come.

Anyone who lived through the last big shift in e-commerce — which started in 1995 or 1996 and continued uninterrupted until 2001 — should recognize this pattern. I strongly suspect we’re entering a four- or five-year period where growth will resemble the S-curve pretty closely, with significant growth in consumer adoption and increasing revenues until the inevitable, predictable, and unfortunately, unknowable speed bump slows us down sometime late in this decade (which itself is usually followed by a decade-plus of slower, more stable growth — look at your own results and see what’s happened in e-commerce overall since 2002-2003 for one example).

Conclusion

I’ve stated many times before that mobile and commerce go hand-in-hand, particularly among Millennials. Gen X and Boomers are somewhat slower to adopt, but a gaping chasm exists between “are somewhat slower” and “won’t adopt.” The reality is all your customers will get there, given enough time.

The key thing for you to do is recognize these coming trends and to get in front of them for the benefit of your customers — and for your business.

If you want to learn more about how customers changing behavior shapes e-commerce and marketing, register to receive a special report I’ve produced in conjunction with hotel marketing firm Vizergy, “Digital Hotel Marketing in a Multiscreen World.” While it’s targeted specifically at hotel and resort marketers, the lessons apply to just about any business. You can get your free copy of the report here.

Plus, don’t miss these slides and video from my recent webinar, “Digital Marketing Directions: Three Key Trends Driving Your Marketing Next Year”:

Finally, you might also want to check out some of our past coverage of the mobile, local, social web and how to make it work for your business, including:

Tim Peter

By

October 26, 2014

7 Super Travel Marketing Posts: Hospitality Marketing Link Digest

October 26, 2014 | By | No Comments

Super travel postsWelcome back, Big Thinkers, to another weekly Hospitality Marketing Link Digest. This week, I’ve rounded-up 7 super travel marketing posts for you to peruse. What’s say we get on with the list? Here you go:

  1. Skift recently held its first “forum” in New York City, a conference Wendy Perrin called “the TED talks of travel.” Well, much like TED, they’re now sharing the videos from each presentation, including this great talk about the future of travel marketing according to Starwood. Plus, they’ll be posting videos from all the talks here.
  2. While we’re on the topic of marketing — though, when aren’t we around here? — the great Vikram Singh asks, “Do You View Hotel Marketing as a Cost or an Investment?” Guess which one he thinks you ought to do? (Hint: It’s the same one I think you should do, too).
  3. Mobile Commerce Daily talks about how Marriott seeks mobile contextual moments that matter. Interesting read. This Expedia research that shows 28% of guests have booked a hotel on mobile underscores why Marriott’s putting so much emphasis on mobile. And the continuing growth of mobile represents one of the biggest trends you’ll see heading into 2015. Stay tuned for more on this topic for sure.
  4. More mobile madness of which you should be aware: Marketing Charts reports that mobile neared 40% of organic search traffic in Q3. That shift helps explain what’s happening with Google, and could help prevent the same thing from happening to you.
  5. One last bit of mobile news (for this week, anyway), is this rundown of end-to-end mobile experiences for the new generation of hotel guests from Hotel Marketing. There are some serious demographic realities driving mobile commerce growth that you really ought to pay close attention to as they’ll drive your business realities for the next decade-plus.
  6. Interesting partnership news this week as Yelp added hotel reservations to its list of booking services, with the help of Hipmunk. Given Yelp’s strength in local and mobile search — a trend I’ve been watching for a while — it will be interesting to see whether this drives Hipmunk up your list of OTA partners in the coming months.
  7. Finally, this past week I took a look at why attribution modeling matters for your hotel in 2015 as part of my regular Travel Tuesday series. Check it out when you get a chance.

If you’re looking for more link goodness to get you through this week, check out these 6 amazing travel marketing posts, some hotel marketing trends for the year ahead, and the rest of the E-commerce Link Digest series here.

If you’re interested in learning even more about the future of hospitality e-commerce and marketing via the social, local, mobile web, register to receive a special report I’ve produced in conjunction with hotel marketing firm Vizergy, “Digital Hotel Marketing in a Multiscreen World.” Developed specifically at hotel and resort marketers, the lessons can help your business adapt to the changing guest environment. You can get your free copy of the report here.

And, why not take a minute to review the tips from my recent presentation Digital Marketing Directions: Three Trends Shaping 2014 Hospitality Internet Marketing? I’ve presented this talk to a number of hospitality and travel-related organizations and you might find it valuable for your business, too:

Finally, you might also enjoy some of our past coverage of the social, local, mobile web and what it means for your business, including:

Tim Peter

By

October 24, 2014

11 Must-Read Trends and Tips: E-commerce Link Digest

October 24, 2014 | By | No Comments

Content marketing successAnother Friday, another e-commerce link digest. Fortunately, I’ve got a good one for you today, featuring these 11 must-read trends and tips. Let’s get on with the list:

  1. Mobile Commerce Daily says the use of mobile doubles for researching and completing online purchases.
  2. Linda Bustos over at GetElastic says that when designing mobile menus, hold the hamburger. Great look at user experience, design, and the power of testing.
  3. Still more mobile: Marketing Charts shares data showing that mobile neared 40% of organic search traffic in Q3. Crazy.
  4. Of course, part of that growth is due to the demographic realities driving mobile commerce, a trend I’m going to keep watching for a while.
  5. Marketing Charts also reveals how mobile owners respond to difficulties when using apps to shop
  6. Mobile’s growth fueled this week’s Thinks Out Loud podcast episode (#95, if you’re counting along), asks, “What the Hell Just Happened to Google?” And more importantly, it looks at how you can prevent it from happening to you.
  7. Luxury Daily said that 90% of Audi consumers begin research process online. I suspect they’re not the only luxury or auto brand for whom that’s true.
  8. In this week’s Travel Tuesday post, I took a look at why attribution modeling matters in 2015. Good stuff, if I do say so myself.
  9. Search Engine Land details 3 small paid search optimizations with huge impact. Very cool list.
  10. In a troubling trend, Marketing Charts notes that 4 in 5 companies report steady or increasing costs-per-lead. At current growth rates, this is unsustainable for most companies and will need to be addressed.
  11. Finally, we looked at whether e-commerce will kill retail. Spoiler alert: No, but only if you do the right things now (Something we talked about on last week’s podcast.

You might also want to check out these past posts, “In Case You Missed It: 10 Posts from the Archives,” “8 Potentially Game-Changing Trends: E-commerce Link Digest,” and “8 Crucial Marketing and E-commerce Posts: The Top Posts from September” for more link-worthy goodness.

And, if you’re interested in learning even more about how customers changing behavior shapes e-commerce and marketing, register to receive a special report I’ve produced in conjunction with hotel marketing firm Vizergy, “Digital Hotel Marketing in a Multiscreen World.” While it’s targeted specifically at hotel and resort marketers, the lessons apply to just about any business. You can get your free copy of the report here.

Plus, don’t miss these slides and video from my recent webinar, “Digital Marketing Directions: Three Key Trends Driving Your Marketing Next Year”:

Finally, you might also want to check out some of our past coverage of the mobile, local, social web and how to make it work for your business, including:

Tim Peter

By

October 23, 2014

The Demographic Realities Driving Mobile Commerce

October 23, 2014 | By | No Comments

Woman shopping mobile customerMobile Commerce Daily outlines the key findings of a new GfK report, which states,

“In the past year, Internet shopping via a PC or laptop dropped from 78 percent to 63 percent, while the use of smartphones doubled from 8 percent to 15 percent and tablets from 5 percent to 10 percent…”

Cool, right?

Well, yes. But… as my journalist friends say, Mobile Commerce Daily “buried the lede.”

Check out the demographic breakdown:

“The use of smartphones and tablets for online shopping varies by generation.

In the past six months, 21 percent of Generation Z used a smartphone to shop, up 8 percentage points compared with a year ago. In comparison, smartphone shopping was reported by 25 percent of Generation Y, up 11 percentage points; by 15 percent of Generation X, up 7 percentage points, and by 7 percent of Baby Boomers, up 4 percentage points.”

So, somewhere between one-fourth and one-fifth of all Millennials, are using smartphones—not tablets—to shop. And browse. And buy. And the amount of shopping traffic from mobile can only increase as:

  1. “Gen Z” (either the youngest Millennials or the oldest of the generation behind Millennials, depending on who you ask) starts to influence more purchases, and to make more of their own.
  2. “Gen Y” (i.e., “traditional” Millennials) matures into their prime earning years.
  3. Boomers age out of the marketplace, a trend likely to accelerate within the next decade.

These aren’t “projections” or “educated guesses.” These are demographic realities. Even if new medical technology extends the working—and prime earning—lives of Boomers far beyond their forebears (which would be terrific for lots of reasons), the younger cohorts are also entering the workforce and beginning to spend money at a much faster pace. Remember, the oldest Millennials are entering their 30′s, and more than half are now over 21.

And, they’ve grown up in a world where using your phone to browse and shop and buy is the norm, not the exception. To the youngest Millennials, a smartphone is no more “technology” than a light switch is to older cohorts; it’s just there, ready when you need it, always at hand. Millennials spend more time using digital to research, browse, shop, and buy than any other media, and that’s unlikely to shift dramatically as they age—and as their spending power increases.

Most importantly, this doesn’t spell “the end of retail,” or anything close to it. Your customers are social beings. They like hanging out with their friends, and they like using all 5 senses to experience the world around them. Do a bad job selling that experience and you’re toast. It’s not easy and even some folks you might not expect seem to be struggling with the transition to an “it’s all e-commerce” world. But handle this transition well, and, just maybe, the switch Millennials, Gen X, and Boomers flip will be yours.

If you’re interested in learning even more about how customers changing behavior shapes e-commerce and marketing, register to receive a special report I’ve produced in conjunction with hotel marketing firm Vizergy, “Digital Hotel Marketing in a Multiscreen World.” While it’s targeted specifically at hotel and resort marketers, the lessons apply to just about any business. You can get your free copy of the report here.

Plus, don’t miss these slides and video from my recent webinar, “Digital Marketing Directions: Three Key Trends Driving Your Marketing Next Year”:

Finally, you might also want to check out some of our past coverage of the mobile, local, social web and how to make it work for your business, including:

Tim Peter

By

October 22, 2014

What the Hell Just Happened to Google? Thinks Out Loud Episode 95

October 22, 2014 | By | No Comments

Mobile in app advertising

What the Hell Just Happened to Google? Headlines and Show Notes

You might also enjoy the slides from my recent webinar, Digital Marketing Directions: Key Trends Driving Your Marketing Next Year,:

Contact information for the podcast: podcast@timpeter.com

Technical details: Recorded using an Audio-Technica AT2035 studio condenser microphone through a Mackie Onyx Blackjack USB recording interface into Logic Express 9 for the Mac.

Running time: 14m 40s

You can subscribe to Thinks Out Loud in iTunes [iTunes link], subscribe via our dedicated podcast RSS feed (or better yet, given that Google has now killed Reader, sign up for our free newsletter). You can also download/listen to the podcast here on Thinks using the player below:

Tim Peter

By

October 21, 2014

Why Attribution Modeling Matters in 2015 (Travel Tuesday)

October 21, 2014 | By | No Comments

Book now enter keyAttribution modeling has become one of the hottest topics in digital marketing and is particularly important for hotel marketers these days. Why? Because OTA’s have invested heavily in solving this problem for their businesses. And they’re using those insights to build their marketing and distribution plans in earnest.

What is attribution modeling? It’s the process of identifying the channels that actually lead to a sale/booking so you can allocate your marketing spend more accurately and effectively. Luxury Daily highlights some of the most common models:

“The last interaction model gives all the credit to the last step, and the first interaction model gives all the credit to the first step, two models that favor expedience over accuracy.

Whereas the linear model gives equal credit to every step of the journey.

Positioned based attribution involves giving 40 percent to both the first and last interaction and splitting the final 20 percent among the remaining steps.

Finally, the time decay model gives credit to the touchpoints closest in time to the final sale. So, although a consumer may have first searched for a property a few weeks back, it will likely be dismissed if multiple steps occurred in the days leading up to a sale.”

Building the right attribution model for your hotel takes time, effort, and testing. But you don’t need to start from scratch. As The Leading Hotels of the World’s Debbie Johnsen notes,

“Of all the models, Ms. Johnsen recommended starting with the time decay model, which attempts to partially address the mystery of what ultimately triggered a sale, while staying practical by giving most credit to the clinchers.”

I completely agree (Full disclosure: Debbie and I worked together at Leading a few years back, but I have no connection with the company any longer and it appears we’ve reached the same conclusion about time decay models independently. Great minds think alike, apparently. At least in this case anyway).

If you’re interested in learning more about how it works for your hotel, resort, and poor management company, give me a call. And in the meantime, start pulling together your data about where your sales come from, online and offline. You’ll be glad you did.

If you’re interested in learning even more about the future of hospitality e-commerce and marketing via the social, local, mobile web, register to receive a special report I’ve produced in conjunction with hotel marketing firm Vizergy, “Digital Hotel Marketing in a Multiscreen World.” Developed specifically at hotel and resort marketers, the lessons can help your business adapt to the changing guest environment. You can get your free copy of the report here.

And, why not take a minute to review the tips from my recent presentation Digital Marketing Directions: Three Trends Shaping 2014 Hospitality Internet Marketing? I’ve presented this talk to a number of hospitality and travel-related organizations and you might find it valuable for your business, too:

Finally, you might also enjoy some of our past coverage of the social, local, mobile web and what it means for your business, including:

Tim Peter

By

October 19, 2014

6 Amazing Travel Marketing Posts: Hospitality Marketing Link Digest

October 19, 2014 | By | No Comments

Read these 6 amazing travel postsWant a great way to wrap-up the week that just passed and set yourself up for the week ahead? Then check out these 6 amazing travel marketing posts:

  1. Tnooz offers up an infographic showing that Chinese travelers book over 30% of their travel via mobile. I’d expect more to come, both in China — and in the rest of the world. In fact, growth like this further underscores why it’s really time to take mobile seriously.
  2. Hotel News Now published my latest piece on how to use hotel data to drive growth. And, highlighting that point, Skift offers up 6 top quotes about the power of user data from the CMO of TripAdvisor.
  3. Tnooz also uncovers data that says travelers post 120 items of social media per week while on a trip. Further proof that all marketing is social for you and an excellent view of why social isn’t for interns anymore.
  4. Hotel Marketing announces a new Cornell publishes eye tracking study on what drives online hotel choice. This shouldn’t come as a big surprise, but photos tend to draw lots of attention from your potential guests. The importance of images in the hotel shopping experience highlights why it’s important to decide how to share images with OTA’s. Alexandra O’Neale from Ice Portal writes on Tnooz why you should. I’m essentially inclined to agree, but with the usual caveats about balancing direct and indirect business and keeping your OTA costs under control.
  5. More good stuff from Hotel Marketing on how mobile technology can transform a travelers’ experience. That applies to business travel as well. For instance, Marketing Charts outlines the important features of meeting and event apps. Interesting read.
  6. Finally, I took a look at 4 tips to build your 2015 e-commerce and distribution plans in this past week’s Travel Tuesday post. You can check out the 7 Top Travel Marketing Posts for September here or the complete Travel Tuesday archive here, too, when you have a moment.

You might also enjoy past Hospitality Marketing Link Digests such as these entries on how hotel distribution is heating up and rising mobile bookings, big data, and more.

If you’re interested in learning even more about the future of hospitality e-commerce and marketing via the social, local, mobile web, register to receive a special report I’ve produced in conjunction with hotel marketing firm Vizergy, “Digital Hotel Marketing in a Multiscreen World.” Developed specifically at hotel and resort marketers, the lessons can help your business adapt to the changing guest environment. You can get your free copy of the report here.

And, why not take a minute to review the tips from my recent presentation Digital Marketing Directions: Three Trends Shaping 2014 Hospitality Internet Marketing? I’ve presented this talk to a number of hospitality and travel-related organizations and you might find it valuable for your business, too:

Finally, you might also enjoy some of our past coverage of the social, local, mobile web and what it means for your business, including:

Tim Peter

By

October 17, 2014

6 Great Weekend Reads: E-commerce Link Digest

October 17, 2014 | By | No Comments

Millennial use mobile coupleLooks like this is going to be a great weekend here in the Northeast. Hope you get a chance to enjoy the fall weather. But, when you’ve got some downtime, you might want to take a few minutes and check out these 6 great weekend reads. Now, let’s get on with the list:

  1. Marketing Charts shows that mobile neared 40% of organic search traffic in Q3. Um… wow. It’s no secret that mobile’s getting really huge, but that’s a really big number.
  2. eMarketer shares new research showing position is huge for smartphone search ad click-through rates (CTRs), which leads Search Engine Land to ask whether bigger iPhones are better for paid search. The answer, for right now, is no. But the trend bears watching in detail
  3. FutureCommerce gets it right by saying every customer is a mobile customer. Given research that shows 66% of tablet shoppers leverage mobile during path to purchase, I don’t expect this to change anytime soon. All that said, I don’t expect e-commerce will kill retail, as long as retailers, marketers, and merchants recognize the trends and work to support their customers effectively in all channels.
  4. I made a similar point in this week’s Thinks Out Loud episode, which looked at what happens when “It’s All E-commerce” goes wrong.
  5. GetElastic has a cool “Pinfographic” (cute, eh?), showing the link between Pinterest and e-commerce and also offers great insights on the benefit of using Pinterest’s rich pins. As Saks’ director of social media, Qianna Smith, told Luxury Daily Pinterest boards should be extension of merchandising. Good reading.
  6. Another great Luxury Daily article shows streamlining Web sites leads to increased e-commerce. That shouldn’t shock anyone. But it’s worth keeping an eye on.

Have a great weekend, Big Thinkers. And don’t forget to catch up on these “In Case You Missed It: 10 Posts from the Archives,” last week’s Link Digest post, “8 Potentially Game-Changing Trends,” the “8 Crucial Marketing and E-commerce Posts: The Top Posts from September,” and the rest of the E-commerce Link Digest series.

Plus, don’t miss these slides and video from my recent webinar, “Digital Marketing Directions: Three Key Trends Driving Your Marketing Next Year”:

And, if you’re interested in learning even more about how customers changing behavior shapes e-commerce and marketing, register to receive a special report I’ve produced in conjunction with hotel marketing firm Vizergy, “Digital Hotel Marketing in a Multiscreen World.” While it’s targeted specifically at hotel and resort marketers, the lessons apply to just about any business. You can get your free copy of the report here.

Finally, you might also want to check out some of our past coverage of the mobile, local, social web and how to make it work for your business, including: