What do Superbowl champions and hospitality digital marketing organizations have in common?
NB: This is an article from Cogwheel Marketing
They both need:
- Winning playbook to beat the competition
- Great coaches to provide direction before during and after engagements
- Quarterback to execute a winning plan in real time
It’s the owners of both that are key to success.
A winning digital services playbook combines sales, marketing and revenue management to steal market share. Like Superbowl winners, the playbook is a dynamic document that continues to change. Team owners and coaches produce the strategy then players follow it. It requires considerable thought and research. Developing a winning digital services playbook should be a major focus of hospitality owners and managers.
A digital marketing playbook must include events in the city, budget, organizational goals and timeline of offers. It should also anticipate market changes due to seasonality and competition. This playbook should then be shared with players of vendors and revenue management as well.
Hospitality digital marketing is complex. It involves the integration of website design and functionality, search marketing, social media and content marketing plus e-mail and campaign marketing. Typically, there are vendors that provide advice and guidance against, data, systems and applications in each of these areas.
Hospitality owners, like Superbowl champion owners choosing coaches, must make the right decisions about which vendors or specialists to use. Like the digital services playbook, putting together the best combination of vendors is an important task for owners. These coaches don’t need to be experts in every department, but should be able to challenge and get the most of out of each of their players.
A Great Quarterback
Executing real-time hospitality digital marketing in a dynamic market is complicated. Like a winning quarterback, making the right play calls and timely adjustments is based on being able to read the situation. Keeping an eye on key performance indicators across digital marketing activities against revenue management results is crucial.
There needs to be a digital marketing quarterback for the organization capable of making the right calls based on great coaching and a solid playbook. A quarterback doesn’t have to be right all the time. But they should be right enough to post a winning “score” for the owner.
Advice for Owners and Senior/Asset Managers
- Spend time, effort and resources on digital marketing strategy. Ensure the strategy aligns with property assets, human and material.
- Pick the right vendors and partners that fit the organization’s goals and are willing to work together.
- Hire the best “quarterback” to develop and execute the digital services playbook.