Mobile tech to take lion’s share of travel firm spend, finds TTE research

By Travolution

By Travolution
Image via Shutterstock

Mobile technology will take the lion’s share of expenditure by travel companies this year, according to research for Travolution by Travel Technology Europe.

Mobile accounted for 72% of additional technology spend expected in 2014, followed by social media at 44% and reservations systems at 34%.

Likewise, mobile apps/websites are seen as the biggest trend (42%) for technology companies in the travel sector this year.

The study also found that more than 80% of respondents plan to spend more on technology in 2014.

Travel Technology Europe event manager Sarina Patel said: “2014 is set to be a year of investment in technology. The overwhelming response that 83% of Travel Technology Europe’s survey respondents expect their customers to spend more on new technology in 2014 is simply staggering.

“Almost three quarters (72%) of this expenditure is expected to be around mobile technology, compared to just 34% into features like reservations systems.

“Interestingly, not only is the travel technology world gearing up for the year of mobile, it is planning the relevant investments to deliver what is expected to be a real step change.

“We’re looking forward to hearing how our exhibitors and attendees convert this optimism into commercial success during the event.

“At the 2014 edition of Travel Technology Europe we will have a number of sessions dedicated to the mobile minefield with platforms for buyers, developers and innovators to shape the ideas that will change how mobile technology is embraced within the travel sector. It promises to be an exciting occasion.”

The full research findings:

1. On what technological areas do you expect travel firms to spend more on in 2014?

  • Mobile – 72%
  • Social – 44%
  • Reservation Systems – 34%
  • Customer Relationship Management – 43%
  • Call/Contact Centre – 12%
  • Front end websites – 38%
  • Payments – 21%
  • Accountancy/back end systems – 12%
  • Supplier (API) connectivity – 31%
  • Analytics/Business Intelligence – 48%

2. Of the following what do you think will be the biggest trend for technology firms in 2014?

  • Cloud computing – 12%
  • Personalisation engines – 12%
  • Mobile apps/websites – 42%
  • Targeted/behavioural marketing 8%
  • Search Engine Marketing – 5%
  • Social Media Marketing – 5%
  • Big Data – 16%

3. What’s the biggest challenge buyers of technology in travel are looking to overcome?

  • Systems integration – 32%
  • Legacy Systems – 15%
  • Costs/Lack of Resources – 18%
  • Follow-up Support – 11%
  • Speed to Market – 10%
  • Proliferation of Channels – 11%
  • Proliferation of Devices – 5%

4. Overall are your customers planning to spend more or less on bringing in new technology in 2014?

  • More – 83%
  • Less – 17%

5. What is the most common mistake travel technology buyers make when choosing technology?

  • Requirements are badly specified – 39%
  • Unrealistic delivery and post-sale expectations – 39% Inadequate in-house expertise/support – 22%

Nexion enabling agents to ‘take control’ of social media efforts

Nexion enabling agents to ‘take control’ of social media efforts

By Laura Del Rosso
Insight New social media tools for Nexion agents, unveiled at the host agency’s CoNexion conference in Las Vegas last month, are designed to help agents “take control of their own marketing efforts and grow their customer base,” said Nexion President Jackie Friedman.

Home-based agents who are part of Nexion can now subscribe to automated social media posts to engage with their clients on a regular basis and promote themselves and their travel products.

Friedman said that the new social media tools, part of Nexion’s OnTarget program, will be available to agents, allowing them to “opt in” to any or all of them.

“Nexion’s agents are entrepreneurs and business owners,” she said in a statement. “It’s important for us to continually provide them with the latest innovations.”LauraDelRosso

OnTarget was created by Passport Online, Nexion’s website and social media technology partner. The tools include message delivery through email, Twitter, Facebook and blogs; access to educational, informative and promotional content; the ability to promote Nexion supplier offers; and email marketing integrated with ClientBase profiles.

The email tool will enable agents to select supplier content and create emails to send to their clients along with videos, articles and other content.

The automated social media tool allows posts to be automatically “published” to agents’ Facebook pages on their behalf, with preapproval from Nexion agents.

Nexion also announced that is revamping its PowerUp training program with new and updated courses. New training will feature day-to-day tasks and communication to build relationships with clients, more preferred-supplier training programs and case study assignments which include qualifying clients, researching, closing the sale and following up.

In other news from CoNexion, the host agency honored Steve Lincoln from Bridgewater, Va., and Samantha Khalil from Palm Bay, Fla., with both Circle of Excellence and MillionAir awards, recognizing them as top producers for Nexion’s preferred suppliers and their achievement of more than $1 million in airline sales in the previous year.

Nexion is a subsidiary of Tzell Travel Group, a Travel Leaders Group company, and has been a host agency since 1995.