Today anyone with an Internet access and Credit card can just like that, plan for a week’s tour to South Africa or the Himalayas, thanks to the travel sites who offer trip planning at your finger-tips - flight booking, hotels and car rentals along with the reviews of the hotels, places of interest, and information on packaged deals. Clearly travel sites have been redefining the travel agency business. In 2005, over 79 million people in the US used the Internet to plan and book their travel, a function which previously involved travel agents much more actively.
Online travel is one of the largest e-commerce categories. According to Forrester Research the online travel industry is projected to grow from $63.6 billion in 2005 to $110.5 billion by 2008 in the US. JupiterResearch on the other hand estimates $128 billion to be spent on online travel in the US in 2011. Jupiter expects 38% of all travel revenues to be made online by 2011. Over the last few weeks, we have analyzed the Travel sites based on the Web 3.0 framework.
The online travel industry is expected to continue its strong growth and this is one of the main reasons for the ongoing VC and entrepreneurial interest in this category. In March 2007 Silver Lake and TPG acquired Sabre Holdings the owner of popular travel sites like Travelocity and LastMinute. The Blackstone Group along with its affiliates took over the Travelport business of Cendant Corporation for $4.3 billion in August 2006. Now, they’re trying to spin off Orbitz and take it public. Indian portal Sify entered the online travel business by acquiring Globe Travels.
We have been reviewing the online travel industry and have covered Yahoo! Travel, TripAdvisor, Travelocity, Orbitz, Expedia and Priceline and Lonely Planet from a Web 3.0 perspective.
The fact that online travel is a booming industry is clear from the growing number of travel sites, emergence of travel metasearch engines like Kayak and SideStep and the mushrooming of niche sites like Site59, Farecast, FlyerTalk, Mobissimo, etc. Identifying the opportunity Forbes has launched a special section for luxury travel and NYT has tied up with Expedia for its travel portal. We have not yet had a chance to review many of these other sites. Expect to see more in due course.
Context is, by and large, poorly understood by the sites, although nuances like flights, hotels, car rentals, cruises, vacation pacakges, maps, hotel and destination reviews, trip planning, sharing, etc. allow the consumers to plan their trips and make bookings. But few have created contexts like student travel, luxury travel, adventure travel, romantic travel, etc.
The Content offerings at many of the sites are good. Some, like Lonely Planet, come from Content roots, and do an especially good job. The CPM rates for these sites are similar and are in the range of $15 to $65 per thousand impressions. Considering the present boom in the online travel industry, ad rates are expected to rise in the coming years. As for leapfrog technology, my biggest wish-list item is large scale mashups from various parts of the web that can enrich and strengthen content that is already on the site.
The Community features on most of these sites lack punch and leaves a lot to be desired. Trip Advisor has the best community section but the rest really needs to improve the community features and incorporate photo and video sharing, forums and blogs on different aspects of traveling like trekking, backpackers, family, summer holiday, etc. LonelyPlanet, though has a good video sharing, review section, trip sharing, find a travel partner, forum, etc. According to Forrester peer reviews and blogs will have a decisive influence on travel behavior.
Online travel is the largest Commerce segment and most of the revenues come from the commissions earned on the bookings made through the sites. However, these sites are not taking full advantage of e-commerce and I believe there is an opportunity for these sites to retail a lot of travel related merchandise through their site. Yes, sites like, TripAdvisor, SideStep, etc. do merchandise travel gear in partnership with Cafepress but it is a pretty shoddy affair. LonelyPlanet in fact has done a much better job.
What I would like in the Vertical Search space is that the sites allow users to Search by Context and by this I mean, if I am a student I would like to search for hostels for backpackers like me, as well as other travelers to hang out with, by destination. The basic bread-and-butter vertical search is provided by Kayak and Sidestep, which we have reviewed.
Personalization is sub-par in most of these sites and they allow users to plan their trip, save and share their trip, photos, make posts and write reviews. They have email alerts for travel deals and newsletters. Endless possibilities exist, all the way to a Personal Concierge.
Conclusion
The online travel industry is projected to grow at 30% per annum in the next 5 years and this has resulted in a number of entrepreneurs, VC and PE funds entering the space. New entrants (Gusto, Mobissimo, travelervideos.com) in the online travel space and stand-alone travel operators like airlines and hotel companies are going to put pressure on the existing travel sites. However, those sites that are able to integrate the latest technology, differentiate their offerings, build their brand and provide consumers with the best Web 3.0 experience will have an edge in this highly commoditized industry, and that opportunity applies just as well to the major airline sites.
Showing posts with label gasta travel. Show all posts
Showing posts with label gasta travel. Show all posts
Tuesday, January 06, 2009
Wednesday, December 17, 2008
Gasta Vertical Ad Network
As advertisers look for more ways to yield greater efficiency, going narrower but still with some scale means looking seriously at vertical ad networks.
Vertical ad networks are all the rage. If they aren't the toast of the town these days, they certainly are the talk of it.
However, vertical ad networks are nothing new. They are online advertising networks that have a particular focus. They aggregate a collection of sites together that have an affinity with one another and bring those "passion places" together in a way that provides advertisers meaningful scale without the uncertainty of a vast collection of unknown and dissimilar sites.
The appeal of a vertical ad network is first and foremost its focus. Second is the modicum of control it offers. As advertisers look for more ways to yield greater efficiencies and better accountability, going narrower but still with some scale means looking more seriously at vertical ad networks.
Travel Advertising Network is one such vertical, and company representatives gave the folks at the iMedia Agency Summit in La Quinta, Calif., a good look at what they are doing and why vertical ad networks are so important.
Travel Ad Network actually has the largest travel information audience in the world, with 19 million users worldwide (14 million in the U.S.). Notice that I did not say "travel" audience. This is an audience looking for information about traveling, be it destinations or transportation or boarding. This is not where they transact, according to Cree Lawson, founder/CEO, and Brian Silver, president. Their users are "in the aisles."
Why a vertical ad network?
The reason Travel Ad Network went this route was for three reasons: They listened to their clients who were demanding some level of transparency; they could get a better quality of advertiser; and they offered exclusive representation.
The guys from Travel Ad Network proceeded to deliver some valuable information in the form of a kind of Trivial Pursuit game. These questions and their answers make a terrific primer on vertical ad networks (particularly of the travel variety).
1. Are consumers different at vertical ad networks than horizontal ad networks? No. The reason advertisers should use vertical ad networks is not necessarily because the audiences there are so different than horizontal ad networks, but because those audiences are more engaged. As Lawson and Silver pointed out during their Spotlight presentation, people found in either horizontal or vertical ad networks are equally diverse. But those found within the confines of a vertical network have a higher degree of engagement and specialization. They are in their passion places.
2. Which ad supported property is in comScore's Buying Power Index top 10 list? Yes, Yahoo is there. But at the very top is Travel Ad Network, with a BPI of 280. That means that the average person found within Travel Ad Network has 2.8 times more buying power than the average person online.
3. What percentage of brands that advertise in verticals are endemic versus non-endemic? It turns out a lot more non-endemic advertising is going on. Just to give you a sense of what is meant by this: Less than 25 percent of advertising in a travel magazine is from travel product advertisers.
4. How many visits to travel sites does the average consumer make before booking a trip? Twenty-two. Before you click that "buy" button to book your airfare or hotel, chances are you've been to sites 22 times. That doesn't mean you've been to 22 sites, but you have made 22 different trips online before making your decision. It turns out that 15 percent of people don't know where they are going when they start planning, and 39 percent don't know when they will be traveling. This provides ample opportunity to talk to people in the questing frame of mind, to inform their seeking.
5. How much has the share of total page views changed for travel agencies in the last two years? It's down 15 percent. With all the information out there, people are starting to go around booking engines to find out what they want to know, and then pop onto that booking engine at the last minute to get the transaction done. If you are looking for an audience that is a travel audience, or has affinity with it, there are many chances to message that audience before they get to buy.
6. How much of every dollar spent online is spent on travel/travel products? Forty-four percent. That's right, $.44 of every dollar is spent on travel. This does not mean that travel makes up the bulk of the transactions. As someone in the audience pointed out, the dollars per transaction for travel are much higher than they are for, say, books. But all that means is that the online travel buyer is someone comfortable with spending a good deal of money online. The point here is that verticals are good for those "spending" audiences.
Vertical ad networks, like any ad network, may consist of a lot of sites an advertiser has never heard of. But if the audience they are looking for has, and that audience is at those sites, it makes sense to be there when the audience is there. You may not recognize the cover of the book, but if the book is being read, isn't that all that matters?
Jim Meskauskas
Vertical ad networks are all the rage. If they aren't the toast of the town these days, they certainly are the talk of it.
However, vertical ad networks are nothing new. They are online advertising networks that have a particular focus. They aggregate a collection of sites together that have an affinity with one another and bring those "passion places" together in a way that provides advertisers meaningful scale without the uncertainty of a vast collection of unknown and dissimilar sites.
The appeal of a vertical ad network is first and foremost its focus. Second is the modicum of control it offers. As advertisers look for more ways to yield greater efficiencies and better accountability, going narrower but still with some scale means looking more seriously at vertical ad networks.
Travel Advertising Network is one such vertical, and company representatives gave the folks at the iMedia Agency Summit in La Quinta, Calif., a good look at what they are doing and why vertical ad networks are so important.
Travel Ad Network actually has the largest travel information audience in the world, with 19 million users worldwide (14 million in the U.S.). Notice that I did not say "travel" audience. This is an audience looking for information about traveling, be it destinations or transportation or boarding. This is not where they transact, according to Cree Lawson, founder/CEO, and Brian Silver, president. Their users are "in the aisles."
Why a vertical ad network?
The reason Travel Ad Network went this route was for three reasons: They listened to their clients who were demanding some level of transparency; they could get a better quality of advertiser; and they offered exclusive representation.
The guys from Travel Ad Network proceeded to deliver some valuable information in the form of a kind of Trivial Pursuit game. These questions and their answers make a terrific primer on vertical ad networks (particularly of the travel variety).
1. Are consumers different at vertical ad networks than horizontal ad networks? No. The reason advertisers should use vertical ad networks is not necessarily because the audiences there are so different than horizontal ad networks, but because those audiences are more engaged. As Lawson and Silver pointed out during their Spotlight presentation, people found in either horizontal or vertical ad networks are equally diverse. But those found within the confines of a vertical network have a higher degree of engagement and specialization. They are in their passion places.
2. Which ad supported property is in comScore's Buying Power Index top 10 list? Yes, Yahoo is there. But at the very top is Travel Ad Network, with a BPI of 280. That means that the average person found within Travel Ad Network has 2.8 times more buying power than the average person online.
3. What percentage of brands that advertise in verticals are endemic versus non-endemic? It turns out a lot more non-endemic advertising is going on. Just to give you a sense of what is meant by this: Less than 25 percent of advertising in a travel magazine is from travel product advertisers.
4. How many visits to travel sites does the average consumer make before booking a trip? Twenty-two. Before you click that "buy" button to book your airfare or hotel, chances are you've been to sites 22 times. That doesn't mean you've been to 22 sites, but you have made 22 different trips online before making your decision. It turns out that 15 percent of people don't know where they are going when they start planning, and 39 percent don't know when they will be traveling. This provides ample opportunity to talk to people in the questing frame of mind, to inform their seeking.
5. How much has the share of total page views changed for travel agencies in the last two years? It's down 15 percent. With all the information out there, people are starting to go around booking engines to find out what they want to know, and then pop onto that booking engine at the last minute to get the transaction done. If you are looking for an audience that is a travel audience, or has affinity with it, there are many chances to message that audience before they get to buy.
6. How much of every dollar spent online is spent on travel/travel products? Forty-four percent. That's right, $.44 of every dollar is spent on travel. This does not mean that travel makes up the bulk of the transactions. As someone in the audience pointed out, the dollars per transaction for travel are much higher than they are for, say, books. But all that means is that the online travel buyer is someone comfortable with spending a good deal of money online. The point here is that verticals are good for those "spending" audiences.
Vertical ad networks, like any ad network, may consist of a lot of sites an advertiser has never heard of. But if the audience they are looking for has, and that audience is at those sites, it makes sense to be there when the audience is there. You may not recognize the cover of the book, but if the book is being read, isn't that all that matters?
Jim Meskauskas
Wednesday, November 26, 2008
Gasta Marketing News: Mobile advertsing
Some 98% of marketers say online marketing is crucial to business success through the economic downturn, according to research by Efficient Frontier.
The survey of over 300 UK, French and German marketers found 73% expect to see the headcount of digital marketing teams increase through 2009, and 87% of those surveyed predict digital marketing will grow at the same rate in 2009 as it did in 2008.
UK marketers ranked SEM higher than both its French and German counterparts, some 78.5% of UK respondents rated SEM as a 'top three' priority in marketing campaigns.
David White, general manager of Efficient Frontier Europe, said, "We're continuing to see enormous growth from our UK, French and German offices. It's pleasing to see these survey results reflecting a positive story during this current economic environment."
Mobile Ads
Coca-Cola and Xbox are among brands set to increase their mobile ad investment, as new research shows mobile marketing budgets will grow by 150% over the next five years despite the economic downturn. An O2 survey by Vanson Bourne of 100 marketing and IT directors from the financial services, manufacturing and retail sectors found that 60% favoured mobile marketing due to its targeted nature. Some 85% said mobile marketing campaigns generate a higher response than traditional methods....
The survey of over 300 UK, French and German marketers found 73% expect to see the headcount of digital marketing teams increase through 2009, and 87% of those surveyed predict digital marketing will grow at the same rate in 2009 as it did in 2008.
UK marketers ranked SEM higher than both its French and German counterparts, some 78.5% of UK respondents rated SEM as a 'top three' priority in marketing campaigns.
David White, general manager of Efficient Frontier Europe, said, "We're continuing to see enormous growth from our UK, French and German offices. It's pleasing to see these survey results reflecting a positive story during this current economic environment."
Mobile Ads
Coca-Cola and Xbox are among brands set to increase their mobile ad investment, as new research shows mobile marketing budgets will grow by 150% over the next five years despite the economic downturn. An O2 survey by Vanson Bourne of 100 marketing and IT directors from the financial services, manufacturing and retail sectors found that 60% favoured mobile marketing due to its targeted nature. Some 85% said mobile marketing campaigns generate a higher response than traditional methods....
Friday, August 08, 2008
Gasta top repeat keywords purchased.
Top 100 repeat purchased keywords
search engine promotion
search engine submission
web search engine
search engine
search engines
search engine ranking
search engine marketing
search engine placement
all search engine
other search engines
search engine optimization
business search engine
asp search engine
search engine php
photo search engine
american search engine
names of search engines
world search engines
search engine rss
china search engine
web search engines
people search engines
christian search engine
medical search engine
search web sites
popular web sites
business loans calculator
new business loans
new business loan
business loan
search
people search
html search
search spider
search by email
search terms
email address search
job searching
magazine article search
music search com
search message boards
china search
job search
job searches
jobs search
music search
photo search
news paper
current news
rueters news
breaking news reuters
latest news
reuters news
unusual news
reuters news agency
local news
news archives
news today
dow news
france news
global news
nbc news
news and
news from
news headlines
news reports
news sport
news this week
news tickers
register news
retail news
shopping news
weather news
business startup loans
canadian businesses
business article
business newspapers
sports business
business for sale
business monthly
business newspaper
businesses for sale
cards business
homebased business
top business magazines
bad credit loans
unsecured loans
fast loans
loans
sba loan rates
sba loans for women
listen to music
find music
downloading music
music
music downloads
radio online
reuters online
online jobs
online advertising
virtual games online
internet advertising
pay per click advertising
ppc advertising
advertising
web advertising
best of
pride of
the times of
times of
website promotion
website marketing
job websites
website designers
website for sale
reuters website
banks
bank
bank pnc
hotels
holidays
weekend breaks
internet
web marketing
baby slippers
mortgage
tv over internet
christmas shopping
computer stores
hotel
industry magazines
information
internet articles
trends magazine
videos
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