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Contents contributed and discussions participated by ypere044

ypere044

Why Events are Going Virtual | Entrepreneur.com - 0 views

  • Virtual platforms, however, are fast becoming the way to host, exhibit at and attend a tradeshow.
  • You'll save money.
  • It's better for the environment.
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  • You won't lose as much employee productivity.
  • Virtual tradeshows have everything a standard show does--and more:
  • There's no tedious setup or breakdown.
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    For many businesses in event planning, hosting or being a part of a tradeshow is a great way of showing people what your company can do and model your products. Many companies are choosing to cut costs of tradeshows and go virtual instead. By going virtual, the article explains that companies can save money, protect the environment (reducing carbon-dioxide emissions), give more to the attendees and save time. Employees can set up virtual tradeshows and virtually be in two places at once. They can be at the office and at the virtual tradeshow. Companies can save money by not having to spend on set up, travel, and registration. 
ypere044

The Top 7 Online Marketing Trends That Will Dominate 2014 - 0 views

  • top online marketing trends of 2014
  • Content Marketing Will be Bigger Than Ever
  • concentrate on inbound marketing, by producing valuable, engaging content designed for a specific audience
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  • Social Media Marketing Will Require More Diversity
  • it has become common for businesses to branch out and experiment with multiple networks with the aim of reaching the maximum amount of consumers. This diversification seems to prove fruitful for many companies because it often builds brand equity by making it easier for consumers to recognize a particular brand.
  • Image-Centric Content Will Rule
  • well-placed pictures to break content up and emphasize certain points
  • Less Will be More
  • The’re now making efforts to tone-down their campaign messages and not overwhelm consumers with hype
  •   Mobile-Friendly Content Will Be Necessary
  • it’s necessary for companies to create content that’s accessible to mobile users
  • Ad Retargeting Will Grow in Effectiveness
  • it works by utilizing browser cookies to track the websites that users visit. Once they leave a certain site, the products or services they viewed will be shown to them again in advertisements across different websites.
  • SEO and Social Signals Will Become Even More Intertwined
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    This article was about online marketing trends that will prevail in 2014. More and more companies are resorting to using online marketing finding success in its branding and audience growth. The trends that I think will make the biggest impact are that of content marketing being bigger than ever, image-centric content ruling, and mobile-friendly content being necessary. Out of the 7 mentioned trends I believe that these three will have the biggest impact because they are the most necessary. With content marketing, companies should focus more on inbound marketing that is tailored to a specific audience. Image-centric content should be a big hit because its basically that an ad should be simple to understand in order to convey a message. Like the saying says, "A picture is worth a thousand words." Finally, mobile-friendly content is becoming more popular and with the widespread use of mobile devices and tablets, companies are looking for ways to make their content more accessible to users. 
ypere044

Six Technology Trends Revolutionising The Hospitality Industry | By Calum McIndoe - 1 views

  • Firstly, upfront investment is lower with the cloud as there are no initial hardware costs or associated expenses such as full time, in-house IT staff to maintain the system. Secondly, hotels like the idea of taking the headache and distractions of IT off their site, leaving them free to focus on the day-to-day business of looking after their guests.
  • tablets and smartphones revolutionise the way we interact with technology.
  • City Nites accesses its hotel management system on Apple iPads to eliminate old-fashioned, manual registration desk processes. This enables hotel team members to 'meet and greet' their guests at any location, improving the personalisation of the check-in experience and reducing the costs associated with static reception desks and all their technology at each location.
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  • The online reputation of a property is business critical. It does not however, stand alone as a marketing department concern, but relates directly to daily operations.
  • the technology systems in use - especially those in large chains - must account for the global perspective.
  • Integrating these systems can provide more comprehensive management information, faster reporting and a truly comprehensive view of profitability.
  • Elsewhere, integration offers the possibility of being able to "revenue manage" the guest across all areas of their stay: this requires transaction level interfaces but need not be complex to use. Critically it aligns the marketing -based personalised offering with the financial outcome of the revenue secured.
  • Customers expect their experience within a hotel to be totally personalised to them:
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    This article gives us a glance at six different technological trends being used and "revolutionizing" the hospitality industry. The six trends are cloud/software services, mobility, social media, personalized systems, integration, and globalization. The trends are all seen across the board in hospitality nowadays and are making huge changes in the industry. We have been talking about cloud computing and the pros and cons of using a cloud to store information and even with all the controversy, companies are investing and using the cloud. The use of tablets and smartphones has changed the way we interact with technology and the hospitality field is not staying behind. They are developing mobile sites and apps to help customers look at pictures and reviews about a place, check in and check out or make other arrangements. Social media is also revolutionizing hospitality by creating a reputation for businesses whether they be positive or negative. People can freely post about whether they enjoyed their stay at a certain hotel and helps build the online reputation of the company. In addition, more and more companies are looking to become more personalized experience. When I think about this part, I think mostly of the new systems rolling out at Disney World that scream personalization, guests can select their Fastpasses ahead of time, can use MagicBands to purchase things, get into their hotel, get into the park as well as to utilize the Fastpass system and every time a MagicBand is scanned at a touchpoint, the cast members know the person's name and whether they are celebrating something. With integration, customers and staff can access information from different departments all on one system and with globalization companies are trying to use systems that are global and used worldwide. 
ypere044

Apple Point-of-Sale Upgrade Signals Better Security, NFC Access - 0 views

  • EasyPay mobile point-of-sale (POS) system
  • the company has taken a pre-emptive strike to ensure the security of customer credit card transactions and prepare for the future possibility of contact-less credit card purchases
  • the device accepts chip-and-pin (EMV) cards, which offer the current maximum level of account security.
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  • NFC-equipped smartphone might be tapped to exchange information with the EasyPay device.
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    This article introduces the upgrade to the EasyPay mobile POS system used in the US by Apple. The company has improved it's POS system by choosing to use new hardware (the iPhone 5s) and enhancing the hardware with a hard shell, accepting chip-and-pin (EMV) cards as well as a pin pad, and a Near Field Communications (NFC) feature in which smart phones may exchange information with the EasyPay. The article also talks about the future of chip-and-pin cards, Visa and MasterCard may be forced to begin using chip-and-pin cards by October of 2015. There is also talks of Apple including NFC features in their phones making it easier for guests to pay, share pictures and documents. 
ypere044

Disney gets personal with new MyMagic+ system - 0 views

    • ypere044
       
      They have now rolled out MyMagic+ to all Disney resort guests and have made MagicBands available for purchase for guests that are not staying on property.
  • "MM+ is not solely for the benefit of Disney. It's intention is to simplify and enhance the visitor's experience. So while technology of this sort certainly benefits the business side, ultimately the consumer is the intended beneficiary."
  • "Now you can plan your vacation and your ride sequence well ahead of your trip."
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  • The more you share, however, the more personalized the experience can be.
  • MyMagic+
  • You'll get three FastPass+ virtual reservations, each giving you an hour time frame in which to arrive. And if you want to switch up scheduled rides on the fly, there's an app for that.
ypere044

Hotel guests spend more on telecom; 38% rise in past two years - USATODAY.com - 0 views

  • to tell us about the state of the industry's telecommunications revenue stream - a stream that includes Internet fees.
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    Over the years, with technological and telecommunication advances the way we communication while on the road or on vacation has changed. I remember going on vacation as a child and being able to call my grandma from our hotel room once a day because we didn't want to spend too much money on calling back home or getting a voicemail from family members calling while we weren't in the hotel room. Over the years, this has changed dramatically. Now I can go on vacation and call, text, send emails, pictures, and videos to all my contacts with the use of my cell phone or with the use of my laptop in a WiFi area. This article gives insight on the revenue provided by telecommunications as told by Robert Mandelbaum a director of information services. He tells us that internet fees help with the growth of telecom revenue, as use of in room phones has decreased. This is just one way that the changes in technology have affected the industry. In this case, telecommunication advances have had a negative effect on the revenue in telecommunications but its only a matter of time until something new comes around and attempts to restore profit production. 
ypere044

The Software Algorithm That Turns Hotel 'Lookers' Into 'Bookers' - 0 views

  • n't they just lower their prices to fill all their rooms?
  • The problem for them (and hotels too) is determining how low to go to sell any empty inventory. They can't, so they don't.
  • Miami start-up helps hotels determine this ethereal price-point and maximize the revenue yield for each property and its rooms.
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  • REVPARGURU
  • they took financial industry software algorithms traditionally used for predicting derivatives and other complicated financial vehicles and then applying them to hotel room rates and availability. This maximizes the revenue/profit yield
  • a shift from offline to online.
  • 'Live P&L'
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    The article "The Software Algorithm That Turns Hotel 'Lookers' Into 'Bookers'" poses questions about the pricing algorithms in the airline and hotel industry. It then introduces and explains the software developed by Bruno Perez and Jean Francois Mourier called REVPAR GURU. In essence, the software is a revenue management system that analyzes data points online and internal factors within the company to provide suggested price-points to maximize profit. I believe that this software simplifies the job of the revenue manager because with the software they no longer have to agonize over data about reaching capacity at the highest room rate, they now focus on the data given by the software and its suggested prices. The idea for the software stemmed from the fact that we are going through a shift from offline to online in our society and more and more people are now doing their bookings online. I believe that this software has the right idea and is available at the right time during the shift to online. As more and more companies adapt, adjust, and use the online world, this program will continue to succeed. 
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