Overview
Various (internal and external) factors can significantly impact your property's Metasearch or Retargeting performance. This article presents the most highly recommended actions in different scenarios after following a thorough analysis of your metrics in the Digital Marketing Suite Performance Dashboard.
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Recommended actions per Metasearch scenario
The typical Metasearch performance
- Generally speaking, it takes at least 1,000 views to generate 1 booking with metasearch for a typical property with competitive rates and positioning.
The math explains why:
- A standard click-through rate (CTR) on a metasearch ad is 2% - 3%. If your ad has 1,000 views and a fairly strong 3% CTR, you’ll have 30 clicks.
- A 3% conversion rate on those 30 clicks = 1 booking ( 0.9, but good enough)
- Of course, all of this will vary greatly depending on several factors, such as your property’s rates, location, number of rooms/availability, competition, etc.
Potential causes | Recommended actions |
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Potential causes | Recommended actions |
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Potential causes | Recommended actions |
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✨To keep in mind
- A poor booking engine experience can negatively impact metasearch performance. Take the time to view your own booking engine as if you are a guest.
- Answer key questions about basic features, such as:
- Do the colors match your website branding?
- Have you uploaded a logo?
- Do all of the rooms have high-quality photos and descriptions?
- Are you incentivizing direct bookings?
Recommendations for Retargeting
Retargeting ads can be described as banner or display ads. They operate quite differently from metasearch ads, keyword ads, or online travel agency (OTA) listings. The primary objective of retargeting ads is to increase the visibility of the advertisement.
Retargeting within the Cloudbeds Digital Marketing Suite Performance Dashboard allows you to convert visitors who didn't book your property into bookers. Here are some recommendations to improve your Retargeting ads:
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Remember the goal: The fundamental principle of retargeting is reaching and maintaining frequency with a highly targeted audience. This audience consists of individuals who are already familiar with your brand and have visited your site.
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Optimize your ad: The number of clicks vs. views depends on the property’s ad (the image, headline, and description) for Retargeting. The more enticing the ad, the more clicks it will gather.
- Take care of the visual elements: Ensure the visuals are well done; a compelling, beautiful image is the most important.
- Monitor your growth: Pay attention to the Channel Production Report. Over time, anticipate an increase in the percentage of direct bookings compared to the period prior to the launch of your Retargeting campaign.
- Place your tracking script (code) on your website: Adding the tracking script to your website will increase the views of your retargeting ad and improve the tracking for your ad so we can show you all of the bookings that Retargeting helped to create.
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