{"id":719,"date":"2020-11-05T08:52:46","date_gmt":"2020-11-05T08:52:46","guid":{"rendered":"https:\/\/seekandhit.com\/?post_type=work&#038;p=719"},"modified":"2023-11-16T16:12:20","modified_gmt":"2023-11-16T15:12:20","slug":"valamar","status":"publish","type":"work","link":"https:\/\/seekandhit.com\/hr\/work\/valamar\/","title":{"rendered":"Valamar: Decreasing Cost of Sale by 61%"},"content":{"rendered":"<div class=\"wp-block-lazyblock-article-paragraph-split lazyblock-article-paragraph-split-Z1JQIM\">\n<div class=title-paragraph--dark>\n  <div class=\"title-paragraph__wrapper contained\">\n    <div class=\"title-paragraph__title\">\n      <h3 class=\"h1\">\n        Company Background      <\/h3>\n    <\/div>\n    <div class=\"title-paragraph__container\">\n      <p class=\"title-paragraph__paragraph text--main\"><span style=\"font-weight: 400;\">Valamar is the largest Croatian hotel and camping chain with 36 hotels and resorts in Croatia and Austria and more than 15 camping resorts. Over 7000 employees accommodate more than 1.000.000 guests each year.<\/span><\/p>    <\/div>\n  <\/div>\n<\/div><\/div>\n\n<div class=\"wp-block-lazyblock-article-paragraph-split lazyblock-article-paragraph-split-1fEdvd\">\n<div class=title-paragraph--dark>\n  <div class=\"title-paragraph__wrapper contained\">\n    <div class=\"title-paragraph__title\">\n      <h3 class=\"h1\">\n        Expectations      <\/h3>\n    <\/div>\n    <div class=\"title-paragraph__container\">\n      <p class=\"title-paragraph__paragraph text--main\"><span style=\"font-weight: 400;\">Valamar wanted to increase the number of individual reservations on its website while maintaining the cost of sale under a defined percentage. Our job was to prepare the advertising strategy, setup and maintain paid ads on search engines (Google, Microsoft, Seznam) and Meta platform.<\/span><\/p>\n<p class=\"title-paragraph__paragraph text--main\"><span style=\"font-weight: 400;\">Campaigns were supposed to be active worldwide, DACH region being the most significant in terms of the number of reservations and revenue.<\/span><\/p>\n<p class=\"title-paragraph__paragraph text--main\"><span style=\"font-weight: 400;\">The initial focus was both on acquiring new users and protecting the brand in a highly competitive market (Booking, Expedia, Airbnb and other OTAs, other hotels and private accommodation).<\/span><\/p>    <\/div>\n  <\/div>\n<\/div><\/div>\n\n<div class=\"wp-block-lazyblock-article-paragraph-split lazyblock-article-paragraph-split-Z6BYDo\">\n<div class=title-paragraph--dark>\n  <div class=\"title-paragraph__wrapper contained\">\n    <div class=\"title-paragraph__title\">\n      <h3 class=\"h1\">\n        Goals      <\/h3>\n    <\/div>\n    <div class=\"title-paragraph__container\">\n      <div class=\"job-description__paragraph job-description__paragraph--list job-description__paragraph--list--red\">\n<p class=\"text--main\"><span style=\"font-weight: 400;\">Increase the number of individual reservations and corresponding revenue.<\/span><\/p>\n<p class=\"text--main\"><span style=\"font-weight: 400;\">Maintain cost of sale in the defined range.<\/span><\/p>\n<\/div>    <\/div>\n  <\/div>\n<\/div><\/div>\n\n<div class=\"wp-block-lazyblock-article-paragraph-split lazyblock-article-paragraph-split-1s7liC\">\n<div class=title-paragraph>\n  <div class=\"title-paragraph__wrapper contained\">\n    <div class=\"title-paragraph__title\">\n      <h3 class=\"h1\">\n        Solution      <\/h3>\n    <\/div>\n    <div class=\"title-paragraph__container\">\n      <p class=\"title-paragraph__paragraph text--main\"><span style=\"font-weight: 400;\">An overall solution from our side was pretty much simple but at the same time highly effective. We\u2019ve set up brand and generic search campaigns on all search engines frequently used by Valamar guests and communicated Valamar&#8217;s strongest USPs.<\/span><\/p>\n<p class=\"title-paragraph__paragraph text--main\"><span style=\"font-weight: 400;\">Along with the presence on paid search channels, both remarketing and dynamic remarketing campaigns were active on both Google Ads &amp; Meta platform. In order to acquire new guests besides search, upper-funnel campaigns were utilized through Meta, Google ads. Some smaller platforms (like Reddit), were tested as well.<\/span><\/p>\n<p class=\"title-paragraph__paragraph text--main\"><span style=\"font-weight: 400;\">In order to achieve the results, AI has been utilized to its full potential, either with smart bidding strategies, broad keywords, audiences or creatives.\u00a0<\/span><\/p>\n<p class=\"title-paragraph__paragraph text--main\"><span style=\"font-weight: 400;\">We wanted to go beyond achieving the best possible result for our channel, but achieving the best possible results for the client. Having that in mind we\u2019ve started utilizing incrementality testing in order to find optimal investment \/ result mix. <\/span><span style=\"font-weight: 400;\">What was exactly done? Brand search campaigns are low hanging fruit &amp; a must for the majority of SEM managers. But the question is would a user find the way to the web (e.g. through organic) even without brand search ads on its path? The similar was done with other campaigns \/ channels. The findings were used to optimize campaigns \/ channels investment.<\/span><\/p>\n<p class=\"title-paragraph__paragraph text--main\"><span style=\"font-weight: 400;\">Not every customer is the same for business; some might be loyal, while some might be churners. Doing RFM customer segmentation, based on first-party data was something that was done. This brought to us a clearer picture on Valamar\u2019s guests &amp; enabled us to have a different approach per customer segment.<\/span><\/p>\n<p class=\"title-paragraph__paragraph text--main\"><span style=\"font-weight: 400;\">Being proactive, digging deep into data and doing frequent testing, and then reacting depending on data-driven results, was (and is) the core of our approach. Either it is about campaigns, bidding strategies or some other suggestion of business approach for the client.<\/span><\/p>\n<p class=\"title-paragraph__paragraph text--main\"><span style=\"font-weight: 400;\">In the end, we\u2019ve managed, not only to significantly increase the results while maintaining desired cost of sale, but we\u2019ve done it, again and again, each year since we started working on the campaigns.<\/span><\/p>    <\/div>\n  <\/div>\n<\/div><\/div>\n\n<div class=\"wp-block-lazyblock-widget-key-metrics lazyblock-widget-key-metrics-wbeMT\">\n<div class=\"key-metrics__wrapper key-metrics__wrapper--white\">\n  <div class=\"key-metrics contained\">\n    <div class=\"key-metrics__text\">\n      <h2 class=\"key-metrics__title h1\">\n        Results      <\/h2>\n      <span class=\"key-metrics__annotation text--main\">\n              <\/span>\n    <\/div>\n    <div class=\"key-metrics__container key-metrics__container--centered\">\n              <div class=\"key-metric\">\n          <div class=\"key-metric__value\">\n            <div class=\"key-metric__value__container title--medium\">\n              <span class=\"key-metric__plus title--medium\">+<\/span><span class=\"key-metric__number\">30<\/span>            <\/div>\n            <span class=\"key-metric__unit h1\">\n              %            <\/span>\n          <\/div>\n          <span class=\"key-metric__description text--main\">\n            Revenue (avg.annual growth)          <\/span>\n        <\/div>\n                    <div class=\"key-metric\">\n          <div class=\"key-metric__value\">\n            <div class=\"key-metric__value__container title--medium\">\n              <span class=\"key-metric__plus title--medium\">+<\/span><span class=\"key-metric__number\">23<\/span>            <\/div>\n            <span class=\"key-metric__unit h1\">\n              %            <\/span>\n          <\/div>\n          <span class=\"key-metric__description text--main\">\n            Transactions (avg.annual growth)          <\/span>\n        <\/div>\n                <\/div>\n  <\/div>\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Find out how we increased individual reservations worldwide while maintaining a profitable cost of sale.<\/p>\n","protected":false},"author":4,"featured_media":720,"template":"","meta":[],"categories":[6],"_links":{"self":[{"href":"https:\/\/seekandhit.com\/hr\/wp-json\/wp\/v2\/work\/719"}],"collection":[{"href":"https:\/\/seekandhit.com\/hr\/wp-json\/wp\/v2\/work"}],"about":[{"href":"https:\/\/seekandhit.com\/hr\/wp-json\/wp\/v2\/types\/work"}],"author":[{"embeddable":true,"href":"https:\/\/seekandhit.com\/hr\/wp-json\/wp\/v2\/users\/4"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/seekandhit.com\/hr\/wp-json\/wp\/v2\/media\/720"}],"wp:attachment":[{"href":"https:\/\/seekandhit.com\/hr\/wp-json\/wp\/v2\/media?parent=719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seekandhit.com\/hr\/wp-json\/wp\/v2\/categories?post=719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}