Who knew you could book your
hotel rooms on Facebook? Ok, not really, but sort of. Google recently
published a paper describing a new marketing model called ZMOT, or ‘Zero Moment
of Truth’ which refers to the moment between the advertising touch point and
the end purchase for consumers. The ZMOT
is when consumers resort to the internet for product and pricing research, user
reviews, and even discount coupons. Using
traveling as an example, the average traveler browses at least 10 sources of information
before making their end purchase, making it imperative for travel websites to
have strong presence in social spheres.
A study was done to assess social
scores for a number of travel websites.
These scores measure their social presence across a number of social
media sites, like Facebook, Pinterest, Twitter, and Linked In. The purpose of the study was to determine
which travel site had the most effective reach in social media, which
incorporates revenue driven through each source. According to the study, Booking.com wins the
battle. More importantly, this study reveals that the major online travel businesses are using social media to drive bookings, something completely alien to the travel consumer a couple of years ago.
These shifts in a consumer’s
purchase journey dramatically alter the fabric of digital and search marketing
for a number of e-shops, who now must account for relevance during a consumer’s
ZMOT in any way possible. Read more
about it at:
http://econsultancy.com/us/blog/10796-booking-com-outperforms-hotel-brands-on-social-media
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