In short, the Ancillary Revenue Framework (Post-Booking) was designed based on the hands-on experience and best practices of those in the ecommerce and airline industries. If you are an airline ancillary revenue professional, this framework can help you increase your ancillary revenue. It provides you with a step-by-step maturity evaluation for the four key areas and guides you in how to advance your skills in each area. This framework was...
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I probably don't need to explain the importance of airline ancillary revenue to you if you're an airline professional. Ancillary revenue is, and will continue to be for the foreseeable future, one of the hottest topics in the airline industry. Every year you can find new statistics and benchmark figures that will make you think about the state of your airline's ancillary revenue and its potential. Airline...
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#analysis and examples of shopping cart abandonment emails from 20 airlines, 10 hotels & OTAs and 10 rent-a-car businesses (see the full list of the reviewed websites at the end of the article). Why should you do shopping cart abandonment emails for your travel business? Do these emails really work? How are the travel industry leaders using shopping cart abandonment emails in practice, and what can...
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Let me start this post with a personal story. Every year in March I used to go to Berlin ITB to get key travel marketing trends and other industry insights. However, in the last few years the event got a bit too overwhelming. The networking is still great, but personally, the amount of time I spent walking around and standing in different lines compared to the amount of...
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This is my personal reflection and a few thoughts on the content creation process for the Diggintravel blog. Recently I've read this on Seth Godin's blog: "Tricked into playing the wrong game" The intelligent writer who dumbs down her work in order to make it more popular. The successful small businessperson who gives up the edge that made the business work in order to make it bigger. The entrepreneur who stops leading in...
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This is the last element of the one and only formula to increase online sales for your travel website. Increasing the average order value by mastering upselling and cross-selling is the final and ultimate puzzle in this formula. Combine successful upselling and cross-selling with the other two elements of the formula, and you will increase your online sales exponentially. In PART #1 – Customer Acquisition, we learned how...
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Use this calculator to calculate your exponential online sales increase potential. The goal of the calculator is to help you understand the impact of exponential increase compared to linear increase. Read more about how to increase your online sales exponentially here. Instructions: Input your baseline figures. Select area for linear increase. Select increase percentage (%). See the difference between Linear and Exponential increase. Select baseline: Visits Conversion rate (%) Average order value Select...
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There is a simple formula to grow your online sales for your travel website, and conversion rate optimization is the key element in the formula. You can check out the formula here. In PART #1 – Customer Acquisition, we covered how to generate an audience (visitors) for your travel website with your customer acquisition strategy. In this blog we will go through how you can convert your visitors into customers. Regardless...
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If you want to increase sales online, you first need to get visitors to your website. How you bring visitors to your website is defined by your customer acquisition strategy. The first step in customer acquisition is to bring them to your website and convert them from visitors into customers. In this blog I will focus on this initial step, the acquisition. You can learn more about conversion...
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This is the one and only formula you need to increase online sales on your travel website. If you understand this formula, you are on the right path to increasing your number of online bookings and your online revenue. Focus on all variables in the formula and you will be successful. Don’t make the mistake that most travel marketers do – focusing on just one (usually the first) part only. So, here...
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