Monday, August 20, 2018

Three Different Approaches to Abandonment Emails in the Travel Industry

Three Different Approaches to Abandonment Emails in the Travel Industry



Travel is one of the world’s biggest enterprises, contributing US$7.6 trillion to the world economy, as indicated by Statista. Around 1.2 million individuals traveled universally in 2016. Let’s Discuss the Abandonment Emails in the Travel Industry.
With a great deal of rivalry and a vast potential market, it’s fundamental to discover powerful approaches to achieve new clients, hold existing ones, and influence your business to emerge as a winner. A recent SalesCycle report on the travel business found that each abandoned cart recovery email sent conveyed $8.21 revenue.
Compared to many other marketing channels, abandoned booking recovery messages guarantee the highest return at the least cost.
As found in Q4 2016 Remarketing Report, travel abandonment rates are higher than the overall figure of 76.8%, as of now standing at 81.6%.
Making travel arrangements can take hours. With numerous booking options, reviews to read and prices to compare, we almost get lost on what to decide and what not to. Most often we turn away from a website without finding an ideal booking.
In view of the current trend, it’s no big surprise that the travel business experiences one of the most shocking abandonment rates online with 81% of individuals leaving a web page without making a booking (Salescycle, 2016).
Travel providers routinely send automated abandonment emails utilizing technological advancements, for example, PureTargeting; however even once you started up a sophisticated campaign, the work doesn’t seem to stop there.
We generally suggest marketers to routinely audit and refresh their abandonment messages to keep things clean and ensure they’re accounting for the latest resources. An optimized upgraded abandonment program will turn into another vital sales channel with these campaigns converting over almost a third (29.9%) of potential clients who tap on them (eConsultancy, 2015).
If you don’t have a cart reminder program, it’s a great opportunity to set up one. If you do, it’s an ideal opportunity to ensure you’re doing all that you can to make it effective. In any case, here are a few tips to offer assistance.

1. Offer a Discount

Customers are searching for a deal.
In 2014 Visual Web Optimizer surveyed online customers and found that:
• 54% said that a discount would stimulate them to return back and finish their purchase.
• Millennial customers (matured 25 to 34) were considerably more persuaded by discounts; 72% of this group said they would purchase if a discount was advertised.
Numerous retailers are concerned that offering discounts in cart reminder messages will urge customers to relinquish carts. This might be the situation. In any case, you have to measure this potential drawback against the income that cart reminder messages create.

2. Integrate Product Images

Pictures are worth a thousand words. Customers may not recollect what they chose and left in their cart. Indicating them what they deserted will cause urgency for them to return. Dynamic content is the common approach. While it requires investment to initially set up, but once it’s set, it’s easy to maintain. The increase in the revenue should be more than enough to expenses of the underlying set-up.

3. Offer Assistance

Many individuals surrender carts since they have multiple queries regarding the item. Offer them an approach to find the solutions they have to buy the product. Making a phone call or dropping them an email are two awesome approaches to enable them to reach you.

4. Include Urgency

There will come a moment when the selected cart items will be removed from the customer’s cart– just inform your shoppers when it’s going to happen. This will help in drawing the customer’s consideration – and if they need the item they will return rather standing a chance of losing it.

5. Use Your Brand Reputation

Cart remainder emails don’t necessarily be dull; take inspiration from the various online channels and reflect it into your messages. The more your image brand is propagated, the more probable it will be that your customer comes back to sync in with your image. Try on sending captivating images and relevant content in your reminder emails.

6. Go Omnichannel

I adore emails, however, there are other digital channels you can use to achieve customers who have deserted their carts. In the event that you have a mobile application, there are immense opportunities than just the basic desktop version.
As per Visual Web Optimizer:
• 40% of individuals have a shopping application introduced on their cell phone or tablet
• These ascents to 60% when you just look at simply Millennial customers
Application notifications utilized in combination to the email messages can improve the probability that a customer will come back to purchase.

7. Send More Than One Reminder

Return Path revealed that: Brands sending a moment cart reminder saw a 50% expansion in revenue produced from carts that were surrendered compared to their first email.
A third mail expanded revenue by 56% contrasted with sending only one note.
Sending more than one update additionally enables you to hold off on offering a markdown until the point that the second or third message. Furthermore, it gives you more opportunities to test to enhance execution of your program.

Successful Case Studies in the Travel Industry

Airbnb
Airbnb came up with an exceptional idea following the recent search pattern of their visitors and send them with automated emails. As a result, it triggers a sense of urgency to return and review the options again. The emails contain attractive images and relevant information about the searches made; aimed at convincing the per-user and make bookings. They also avail a list of alternative accommodations in case the prior one doesn’t seem to fit your requirements.

Thomas Cook

Thomas Cook is an age-old brand in terms of the travel industry. They definitely know that customers do not make bookings instantly. It takes a series of factors to consider before they actually lock on a hotel or resort. While sometimes it’s just they aren’t getting enough information on what they are looking for.
Sometimes the browsers just need to avail bit more help or a phone call reassuring them that a helpful member of their team will be able to answer their questions directly. And knowing that the browser may have just suspended their research temporarily, they helpfully save the person’s search results meaning the potential customer can come back and pick-up where they left off.
Travellers are often confused – they are always looking for new ideas, gentle reassurance and unique direction to travel with new dimensions. They’re all browsing and price shopping, waiting for the right deal or right location to jump out at them.
So if you want to make your share in the travel industry, make sure you use the above-mentioned tricks.
Till then, keep traveling and discovering new places!