Using Benchmarking to Examine Advertising Effectiveness James F. Petrick, Ph.D. Chief Problem Solver Tourvey [email protected].
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Using Benchmarking to Examine Advertising Effectiveness James F. Petrick, Ph.D. Chief Problem Solver Tourvey [email protected] Academic vs. Practitioner Marketing… “…Marketing battles are fought in a mean and ugly place. A place that’s dark & damp with much unexplored territory and deep pitfalls to trap the unwary. Marketing battles are fought….?” (Rice & Trout, ’86:169) = image is a key construct Also “sets”, and positioning AIDA is-a-da-key Attention, Interest, Desire & Action (How?!) Tenured Research Philosophy (Quest for Knowledge) Research needs to answer Mgt.’s questions Research must be done scientifically Temporal differences need to be examined One-shot studies give little insight Knowing how you’re doing is not enough Research must fund graduate students! Methods Used to Seek Knowledge Team of Grad Students (6 Ph.D.; 4 M.S.) Partnerships Seeking state of the art knowledge L.I.S.T., SoluServ, eBrains, etc. Great Clients States, CVB’s, NPS, USDA, PGA, HA, First Tee, etc. Case Study Example Websites as a tool for destination marketing 55%+ of travel decisions are Web-based! New methods needed for evaluating the effectiveness of destination websites How do you know what’s “good”? No known benchmarks = benchmarking needed What is Benchmarking? “The continuous measurement and improvement of an organization’s performance against the best in the industry to obtain information about new working methods or practices” (Kozak, 2002, p. 499) It helps to: Learn your own strengths and weaknesses, Identify best practices or processes, Make changes and set realistic goals Tourism Benchmarking Forum (2004) Purposes of Study To establish methods for conducting benchmarking analysis of State and City tourism websites To measure conversion of Website & Materials To synergize academic and practitioners' strengths in one project To provide “real-time” reporting & data access To allow initial & follow-up’s to be paired Metrics Development = What items do states/cities need? Use Nominal Group Technique (NGT) With State & City Tourism People A&M researchers as facilitators Continual Analyses of “State of the Art” What Makes a Website Good? -Key Metrics to Predict “Impressions” “Informativeness” “Usability” = Variety & Useful Information = Info is EZ to Find & Understand “Inspiration” “Credibility” = Inspires a Visit & Represents = You are trusted & Keep promises Beyond Impression… How important is your web info? How did your website visitors find your website? Why are people visiting your website? What decisions made prior to visiting your website What info do visitors hope to find on your website? What website info was most valuable to visitors? Other Knowledge Needed Market Profiles (web v. + V + NV) Conversion (Net & Gross) & R.O.I. Differences Between Visitors & NV’s Tripographics Satisfaction, Value, Quality, Intent! Image Benchmarks for all the above! Hard links & pop-ups Research Design Website Visit (1) -Website eval -Decisions made -Profile Visited Destination (2) -Influence of Web -Tripographics -Economic Impact - Image & Desires -Sat./PV/Intent E-mails fed Into system Phase 1 4 months later = e-mail sent Information Request Phase 2 Non-Visit Destination (3) -Influence of Web -What did they do -Image & Desires -Intentions Visited Destination (4) -Information eval -Decisions made -Tripographics -Influence of info -Economic Impact -Image & Desires -Sat./PV/Intent Non-Visit Destination (5) -Information eval -Decisions made -Influence of info. -What did the do -Image & Desires -Intentions Ongoing Progress (Past Study) Has included 23 states Approximately 300,000 Phase-One responses and 15,000 Phase-Two responses last year Questions reviewed every year Recently started its city version (12 participating) Real-time Reporting and Data All members are given a user name and password = they just input them here to start the process Select Any Dates, and Any Partners for Analyses! Limitations & Conclusions Coverage error Special type of respondents? Not everyone has internet access Answer two surveys Collection methods not standardized…yet Implications & Recommendations For participating destinations: information regarding self and competitors Decision making, travel behavior, and preference profile Longitudinal changes by season, and over time Future travel trends Conversion, ROI & Economic Impact For researchers: A feasible tool for benchmarking destination website performance via a set of measures and metrics Data on travel motivations, vacation decision-making, travel trends, and tourist behavior Using Benchmarking to Examine Advertising Effectiveness James F. Petrick, Ph.D. Chief Problem Solver Tourvey [email protected]