Travel suppliers have to become "producers of fresh online content"

Published: 03 Apr 2008

Social Media Strategies Travel 2008 Special

Web 2.0 and social media represent a new dynamic in communication by allowing consumers to drive the content.

According to Max Starkov, Hospitality eBusiness Strategies, no one can question the important role, relevancy, and impact of such social network sites as YouTube, MySpace, and in the travel space sites like TripAdvisor, Yahoo Travel Planner, Igougo, HotelChatter, and many more.

"So what about Web 2.0 and the search engines? Are these new and old Internet media formats in synergy, or are they at war with each other? Are search engines slowly becoming obsolete, especially as consumer-generated media appears to increasingly dominate online behavior?," questions Starkov.

"In our view, search engines thrive on new content. Web 2.0 is a huge generator of new content and search engines index Web 2.0 sites with great fervor. Google, Yahoo, Windows Live all include Web 2.0 content (text, video, consumer reviews, blog entries, etc.) in their search results. In other words, Web 2.0 and the search engines are in a symbiotic relationship," he told EyeforTravel.com's Ritesh Gupta. "Furthermore, we call this symbiotic relationship between search and social media "Web 2.0 Search" as in most of the cases search engines and social media content are intertwined in a symbiotic, inseparable way."

According to Starkov, who was one of the speakers during EyeforTravel's Social Media Strategies Travel 2008 Conference in San Francisco, shares that for most travel companies, the lack of fresh online content about their products and services is their main weakness.

"Search engines love fresh content. Travel suppliers have to become "producers of fresh online content" –both "official" content (supplier websites, online brochures, marketing pieces), as well as "unofficial " content via supplier-sponsored Web 2.0 applications and social media initiatives," he said.

According to Starkov, travel suppliers can take full advantage of the symbiotic relationship between search and social media in several ways:

· Create the framework to generate social media content (on the supplier website and in social networks), which will then be picked up by the traditional search engines and delivered to relevant searchers

· Generate "fresh" content (textual and visual) on the supplier website using Web 2.0 applications:

--Share your vacation photo experience

--User voting system

--Top ten lists generated by website users

--Expert blogs

--Etc

· Use of traditional search engines to target specific blogs or sites (e.g. YouTube via Google)

· Use RSS as a new content dissemination tool

· Use of Web 2.0 search engines (e.g. technorati.com)

· Use content-tagging services (digg.com, http://del.icio.us/ etc)

· Create your corporate profile on the leading social media sites: MySpace.com, Facebook.com, Wikipedia.com, etc

· Upload rich media (photos and videos) on social media sites

· Generate buzz about your product/services via contests and sweepstakes on social media networks and supplier sites

· Launch paid search marketing on travel-related social media sites: TripAdvisor, VirtualTourist, HotelChatter, etc

Comments

You must be logged in to post comments.

Pitkin said on 4 Apr 08:

Max Starkov has been active in the online travel business since forever. He does indeed have the ability to see over the horizon and know what's coming next.

I don't doubt his expertise, but I must question one of his statements here. He said that search engines thrive on new content. That's not accurate. Search engines, notably Google, thrive on high traffic sites, previous click-throughs on search results, and in-bound links.

Upcoming Conferences, Events & Reports


EyeforTravel Research & Reports

01/07/08

Latest data & analysis for the worlds online travel markets - NEW European Online Travel Report 2008, India, China, Russia...

Travel Distribution Central Eastern Europe 2008

19-20 November, Angelo Hotel, Prague

A unique conference for leading travel distribution, marketing and pricing executives to discuss the latest trends, challenges and opportunities in this highly fragmented yet rapidly growing travel market.

Travel Distribution Summit India 2008

26-27 November 2008

The annual meeting place for India's online travel industry. The Indian online travel market is reaching a critical point in its evolution. Whilst the opportunities are huge, challenges and obstacles to growth must not be under-estimated. Attend this event to formulate the partnerships and strategies you need to succeed in India

Revenue Maximisation for the Travel Industry

26-27 November, Taj Lands End, Mombai, India

A 2 day conference looking at Revenue Management, a proven management strategy that ensures you manage yield and price and so substantially increase your profitability and Ancillary revenue a proven strategy to increase your profits. One LCC has generated an estimated US$334 million in 2007 through the sale on non flight product:

Revenue Management & Pricing in Travel Europe 2008

Munich, 2-3 December

In a period of economic uncertainty it has never been more important to re-visit your revenue and pricing strategies. Hear from top travel companies on how they plan to optimise revenue during this tricky period. This unique annual conference attracts Europe's leading revenue and pricing in travel experts and provides you with the key insight you need to benchmark your strategy and stay ahead of your competitors. Visit the conference website to find out how you can be a part of it!

Travel Distribution Iberian Peninsula

2-3 December, Barcelona

The Travel Distribution Iberian Peninsula comprises of the best in Online marketing, Travel Distribution, Web 2.0, Destination Marketing, Ancillary Revenue and the most important factors that are transforming Spain and Portugal into one of the most lucrative in Europe and the World (held in Spanish and English).

Hotel Revenue Management & Pricing Middle East

15-16th December 2008, Abu Dhabi

Cutting edge revenue and pricing techniques to maximise Middle Eastern hotel profit margins. Times are good, make sure they remain that way by getting the expert advice you need to realise your profit potential.

CRM and Loyalty Strategies for Travel

4-5 March, Sheraton, Atlanta

Meet the leading CRM professionals in travel! Attend this event to find out how to energize your CRM strategy and release maximum value from your customer relationships.

Social Media Strategies for Travel USA 2009

March 10-11, 2009, Hotel Nikko, San Francisco

This event will provide travel executives with a definite how-to guide on measuring and monetizing social media. You’ll hear from senior speakers who have cracked the nut and have proven case-studies and analytics to share. By attending you’ll get the tools you need to push you social media strategy onto the next level; find out how to generate leads, drive traffic, boost conversions and ultimately create sales.

Travel Distribution Summit Asia 2009

1st - 2nd April 2009, Singapore

Asia Pacific's largest meeting for the travel business, and the key networking hub of the the new year. 2009's schedule includes:
- Travel Distribution & Sales
- Revenue Management & Pricing
- Online Content & Conversion Strategies

Travel Distribution and E-Marketing Russia

21-22 April 2009

Online distribution is set to explode in Russia. Be on the forefront of change and reap the rewards. EyeForTravel gives you the strategy to become a world class travel-marketer in a fast growing market.

Travel Distribution Summit Europe

19-20 May 2009

The event helps attendees sell more, reduce distribution costs, form lucrative distribution partnerships, price your product right and keep your customers happy.... key goals of any successful travel company!That why 1500+ decision makers attend each year making this the world's biggest event for online travel executive and heads of pricng and distribution.

Travel Payment Conference

19-20 May 2009, Part for the Travel Distribution Summit

With the credit crunch biting airlines, hotels and intermediaries are all looking to reduce the cost of taking online payments. This event will examine how the industry intends to do this and make payments more customer friendly.

Hotel Technology Forum

19-20 May, Bussiness Desighn Centre, London, Part of the Travel Distribution Summit

Evaluate the Best Distribution and Reservation and Distribution Technology for your Hotel.

The Get Funded Show - The Travel Industry

19-20 May, London, Collacted with the Travel Distribution Summit

Where investors meet, examine the investment potential and do deals with top travel entrepreneurs. The place to find the future leaders of the Travel industry

Ancillary Revenue & Partnerships in Travel Europe 2009

19-20 May, London

After the phenomenal success of the inaugural Ancillary Revenue in Travel Europe conference earlier this year in Dublin, the event returns for another successful year. This is a must attend event for all travel companies who are eager to take advantage of the mulitude of revenue streams available to them outside of their core product. If you sell travel online then you could boost revenues by as much as 40%!