In the real world of limited marketing budgets one company’s gain will be another’s loss. The much awaited TripConnect system is a new way for properties to spend advertising money. (previous blog What is TripConnect ?)
Here at freetobook we are predicting Google will lose advertising revenue from property owners. We are already getting a significant number of property owners telling us they plan to switch their Pay Per Click budgets onto TripConnect. It makes total sense to us when you look at the logic, if your money is limited it is probably better spent on TripAdvisor’s new TripConnect system.
1.Google Pay Per Click is wasteful : TripConnect will not show adverts when the property is unavailable. The TripConnect system checks availability and rates with the properties Internet Booking Engine (IBE) before showing the advert. By comparison Google Pay Per Click adverts are not “availability dependent” and will always show, costing clicks when a property is unavailable.
2.Direct into the booking process: TripConnect puts the customer directly into the booking process cutting out wasted time spent browsing, you have all the information to make the purchase…. price, price comparison, availability and a quality ranking. A Google advert provides none of these.
3.Customer purchase point: When a potential customer is searching on TripAdvisor they are beyond the simple Google search “London Hotels” they are looking for “Which London hotel” where would you rather put your money ?
4.Easy ROI Tracking: TripConnect has built in tracking to show bookings completed alongside the costs so properties can easily tack their Return On Investment (ROI). Yes, Google has their analytics but they can require some specialist knowledge TripConnect tells a property what they want to know booking revenue vs. advertising costs.
5.Content rich : A TripAdvisor TripConnect advert is on the property’s TripAdvisor page, content and context rich.
The battle for Pay Per Click advertising revenue from accommodation owners is going to get more interesting with the launch of TripConnect. The freetobook Internet Booking Engine (IBE) is a premium partner of TripConnect so all our customers will be able to participate in TripConnect right from the start.
Our guess is that Google Hotel Finder will be watching TripConnect with their data microscope, after all not even Google wants to see their click revenue start to shrink. However, the lack of connectivity to the world’s property owners, their booking engines and inferior review data are three weaknesses they would need to rectify before a realistic chase can commence on TripConnect.