Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Friday, November 15 2019 - 12:00
AsiaNet
Travel Brands Lag in Data and AI Use for Marketing, But Plan Major Upgrades Next Year
SINGAPORE, Nov. 15, 2019 /PRNewswire-AsiaNet/--

ADARA Releases Results of Travel Marketing Personalization Study With Skift 


ADARA, the world's travel data co-op and leading provider of traveller 
intelligence, in partnership with Skift, today announced new research detailing 
travel marketer use of advanced marketing tactics for personalisation titled 
"Getting to Peak Personalization"( https://adara.com/lp-peak-personalization/). 
The study, which included responses from close to 500 US-based travel 
marketers, finds that few travel brands have employed the most advanced tactics 
such as AI-driven prediction and dynamic use of data across channels, but that 
many plan to do so in the next year.

Logo - https://photos.prnasia.com/prnh/20191113/2641504-1LOGO 

Advanced data and AI-driven marketing is a major initiative for travel brands, 
and this research provides detailed insights into what is being used now, and 
where brands plan to invest in the near term. The research also gives travel 
marketers a roadmap for how to invest successfully across the key pillars of 
advanced marketing to deliver consistent, compelling customer experiences 
across channels.

ADARA and Skift found that, despite the industry focus on new advanced 
marketing capabilities, few marketers have implemented these upgrades, but many 
plan to do more in the future:

--Fewer than one in ten travel marketers surveyed (9%) use AI extensively for 
personalisation. 
--Less than one third (31%) of brands currently use derived data at an 
individual level, but this was the most popular type of data planned to be used 
next year. 
--Only one third of travel marketers (33%) use dynamic segmentation, with 42% 
planning to do so next year. 
--Less than half of travel marketers, 47%, have some level of multichannel 
orchestration currently in place, yet only 21% plan to prioritise mobile 
personalisation, indicating that there is still a long way to go.

The research organises advanced marketing into three pillars, Data & Analytics, 
Activation & Improvement, and Pervasiveness. For an advanced marketing program 
to succeed marketers must execute on a strategy that combines data and 
activation across channels. In this way, travel marketing processes adapt and 
improve over time, delivering more insights, and orchestrating the customer 
experience more seamlessly. 

"Peak personalisation is a goal all travel marketers have in their sights, with 
many planning major advancements in the next year," said Carolyn Corda, CMO at 
ADARA. "This research shows just how large a task it is to create a truly 
advanced marketing operation. The good news is that each step of the journey 
provides incremental benefits as richer data and new analytic capabilities are 
tested and scaled. The three pillars we detail in our research, namely, Data & 
Analytics, Activation & Improvement, and Pervasiveness, provide a framework 
that unleashes the highest possible value from marketing technology investments 
to deliver compelling personalisation."

About ADARA

ADARA. Know What Travelers Need Next.

Built on the world's richest travel data co-op, ADARA delivers critical 
intelligence to activate personalisation and relevance throughout the customer 
journey for sustainable growth. Clients get a value-based understanding of 
their relationship with their customers through travel patterns, trends and 
behavior from close to one billion monthly unique traveller profiles across 
more than 200 of the world's top travel brands. ADARA's offerings span the 
three core pillars - Learn, Act, Measure & Modify - to drive measurable 
outcomes at the customer level. https://www.adara.com

SOURCE  ADARA