Expedia Group is increasing its choices for promoting companions with the creation of a travel-focused retail media enterprise that it says will set up it as “the world’s main journey media community.”
The corporate unveiled the updates at its Discover 24 occasion in Las Vegas final week.
The promoting platform, housed inside Expedia Group Media Options, expands the corporate’s advert merchandise past alternatives on its greater than 200 journey web sites and apps to companion websites akin to Netflix and Disney+ and the corporate’s 60,000 B2B companions and social media. The community resolution additionally offers consulting and marketing campaign manufacturing capabilities.
“What we’re doing is offering a one-stop store,” stated Rob Torres, senior vp of Expedia Group Media Options throughout an interview with PhocusWire throughout the occasion.
“Our sturdy, first-party knowledge and community of industry-wide partnerships provides us the unique skill to translate traveler procuring habits to actionable insights for our promoting companions.”
The journey media community goals to focus on vacationers at quite a lot of touchpoints throughout the reserving journey – ranging from the inspiration stage. The concept is that with these touchpoints, the “extremely related” journey content material will drive conversions.
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Throughout Discover final week, Expedia shared content material to reveal the journey media community’s capabilities. Onstage, the corporate displayed marketing campaign content material from Go to California and Vacation spot Canada, amongst others. And marketing campaign outcomes have been measurable.
Go to California used Expedia Group’s media shopping for platform at London’s Heathrow airport to indicate its co-branded marketing campaign garnered 275 million impressions.
In the meantime, Vacation spot Canada’s “The place To Canada” marketing campaign developed with Expedia Group was meant to drive consciousness and inspiration round Canada journey. The first key efficiency indicator, Expedia stated, was attain and engagement, however the firm was additionally in a position to observe bookings. The marketing campaign drove an 18% bump in bookings to Canada and a 12% rise in common spend per reserving on Expedia Group’s websites.
“We’ve solely simply scratched the floor with constructing bespoke media campaigns for companions, I’m excited for what’s to return,” Torres stated.
Within the first quarter of 2024, Expedia Group Media Options generated $145 million in income.
*This reporter’s attendance on the occasion was supported by Expedia Group.
Phocuswright Europe 2024
