#BTO2011 - B[R]IC - Manish Kalra
-
Upload
bto-educational -
Category
Education
-
view
1.719 -
download
0
description
Transcript of #BTO2011 - B[R]IC - Manish Kalra
Manish KalraMarketing Head
MakeMyTrip.com
Scoring on Indian Soil
Discussion Flow
Field Report: India’s Economic & Travel
Potential
Team Formation: MakeMyTrip.com
Penalty Shootout: The Indian Traveler – From
MakeMyTrip’s Lens
The Winning Team: MakeMyTrip & Tsucany
Field Report
A Decade of Phenomenal growth
0.5%
In 2000, there were 5.5Million internet users amongst a population of 1Billion depicting a penetration of
By 2010, internet users increased to 100Million among the population of
1.18Billion with a penetration of
8.5%
Almost 4 in 10 didn’t know how/have interest in using PCs
or Internet
Source: Internet world stats, PW Report 2008Link: http://www.internetworldstats.com/asia/in.htm
India has the 3rd largest number of Internet users in the world, after China and United States; expected to take over US in 4 years at current growth rate
India: Low Internet Penetration India: Rapid Growth in Internet Users
Source: Internet World Stats
36.2%
8.5%
31.6%
78.2% 77.3%
58.4%
0%
20%
40%
60%
80%
Japan USA Europe Brazil China India
100
42
62
81
0
20
40
60
80
100
120
2007 2008 2009 2010
CAGR: 34%
India: 3rd Largest Internet Population & Low Internet Penetration
Million Users
Number of mobile connections by 2010 were more than:
Number of mobile phone subscribers in 2000:
0.077 mn
660 mnSource: Indian Business.nic, TRAI Report 09-10Link: http://www.watblog.com/statistics-internet-and-mobile/; http://indiabusiness.asia/gartner-sees-mobile-users-at-993-mn-in-2014/
4.42In 2000, outbound tourists
amounted to: mn
Outbound tourist traffic grew at 12.79% per year spanning a 5-
year period 2007-2011
Source: ITOPC.org, EuroMonitor Report 2010Link: http://www.itopc.org/travel-requisite/outbound-tourism-statistics.html, http://www.asiatraveltips.com/news06/103-Reports.shtml
12.61In 2010, outbound tourists amounted to: mn
India has one of the fastest growing outbound travel markets in the world;
according to the Pacific Asia Travel Association (PATA)
Estimations and Expectations For the Future
In 2014 outbound traveler traffic would be: 18.2mn
Internet users would be about 237 mn
Aviation Industry will handle around 280 mn passengers by 2020
India’s mobile subscriber base should grow to 993 mn by 2014
By 2014, India is targeting 160 mn broadband connections, out of
which 60 million would come from wireless ...a 13 fold increase from
now
Source: DNA India / Gartner/ Economic Times/Ministry of Railways/, Frost & Sullivan/EuroMonitor Report 2010Link: http://www.dnaindia.com/money/report_trai-broadband-plan-targets-75-million-users-by-2012_1478715http://articles.economictimes.indiatimes.com/2010-09-02/news/27624281_1_internet-users-brici-digital-consumers-brici-countries, http://business.mapsofindia.com/aviation/
Growth is strong and will continue...
Sharp Growth in Travel, A Rapid Shift To Online
Online Travel Segment Growing at 2.2x of Total
Travel Market
Source: PhoCusWright, 2010
Travel Leading the E-Commerce Usage
Source: IAMAI
Primarily driven by online travel industry, contributing 76% to total net commerce industry
More than 3/4 of India’s total online population uses the internet to search shop and buy their travel
(Src: IAMAI)
Team Formation
48% Market Share of Indian OTA (PW 2010)
Strong Brand: 4th largest OTA in terms of market capitalization
(MMYT:: Nasdaq) in the world
Only online travel brand selected as Superbrand in India for
2009–2010
Most visited OTA website & the largest e-commerce company
in India with over 5 million MUVs (Source : May 2011
ComScore)
Direct online traffic amounting to 50%+ Mix
MakeMyTrip.com: Dominates India’s Fast Growing Online Travel Market (1)
Undisputed Online Travel Market Leader
Largest seller of air tickets with 11.5% of all domestic
passengers flown in June 2011 (Source : dgca.nic.in)
Gross Booking of $742 Million and a YoY transaction growth
of 76% in FY2011
Superior User Experience
User-friendly interface
Simple booking process, fast response time
User generated reviews and content
MakeMyTrip.com: Dominates India’s Fast Growing Online Travel Market (2)
One out of almost every 8th passenger flying in India
is a MMT customer
48%
Yatra24%
Cleartrip18%
Others10%
Source: PhoCusWright, 2011
Src: Euro Monitor 2010
New, focused Package launches:
Flight Plus Hotels Tab
Attractive Round Trip Option
Continued Focus on Innovation
Product Innovation
Launching of new, unexplored destinations
Leh, Ladakh
Bhutan
Maldives
Andaman
MMT Charter Flights
Not offered by any other competitor
Both Domestic + International destinations covered viz.
Andaman, Ladakh, Bhutan, Thailand, Maldives, Phuket
Charters running in full capacity
Multiple Channels Expanding Reach
Mobile Platform+ Website+ 31 Retail Stores+ 1000
people Call Centers+ 6000 B2B Agents
Marketing Controlling cost per transaction and building the brand
Co-marketing initiatives with tourism boards:
Extending relationships with Tourism Boards – 15 so far
Not only covering popular destinations but offbeat, unique
destinations as well like Tuscany, Turkey, Spain, Germany
Designing comprehensive 360 degree online and offline initiatives to
promote the destinations
Marketing innovation:
Optimum & effective use of online as well as offline initiatives
Loyalty program launched for its premium customers
Privilege program launched to aid better conversion and sales
The mantra going forward – Get Better Bang for Every Buck!
Content
…but the focus is on how usable is the content
Not just how much…
Penalty Shootout
The Indian Traveller
Indians always plan at the last minute! If a trip is planned in advance, there will surely be changes last
minute.
What attracts Indians is a
great deal; they come with deep but prudent
pockets . If the destination is a shopping paradise, it is an
added attraction.
Indians love to try out new cuisines and
flavours, once they step out of home. But at the end
of the day they love their Indian Food.
Indians are fond of travelling. Even in times of global recession, two things did
not seem to be affected - the Indian buying jewellery and the
Indian travelling abroad.
40% Indians Induced by Promotions to Take Impulse Holiday
Last Minute Availability*
Cheap Fares by National CarrierCheap Fares by LCC
37%
44%46%
Yes
No
Don’t Know/ Refused
Special Off-Season Hotel Rate
43%
Airline
Hotel
Src: PhocusWright, 2008
* at desired hotel
Destination like Hongkong, Thailand, kenya and where getting visas and visa on arrival are possible are the hottest places for Indians right now as they can be
booked in impulse
Outbound Travel Is Aspirational
New destinations picking up: Europe, UAE and other Middle
Eastern countries, Egypt, Australia and Indonesia
Families continue to lead: Accounting for nearly 32% of
outbound journeys for leisure in 2009
Honeymooners: One of the fastest growing segments of
outbound leisure tourism
Group Travel: Very Popular for first time traveler; particularly in
Gujarat, WB, and TN
Src: Euro Monitor 2010
Indian travelers are now the sixth largest spenders on hotels abroad, ahead of travelers from countries such as
the United Kingdom, France, Germany and even Singapore.
(Source: Hotel Price Index by Hotels.com, the world’s leading hotel booking website)
The Bicycle Kick
Penetrating the Indian Market…
Focused Strategies to Drive Continued Growth
Create a Strong Travel Industry Partner
Continued Focus on Innovation
Designing Comprehensive Services and Relevant Product Offering
High Impact Marketing Initiatives
How to Win Over Indians!
Value for money accommodation
Late evening dinners
Vegetarian food
Sight seeing options
Anything to do with CRICKET
Last but not the least…what gets featured in BOLLYWOOD…
Joint Partnership with MMT in building brand Italy
Creating partnerships to market Italy .. its more than
Rome!
Best way to reach Indians
Optimized Mix of Targeted Online and TV campaign
with a clear call to action and offers
Utilize MakeMyTrip Expertise and understanding of
Indian Consumer and media, and run a Joint campaign
Design products around ‘last minute’ and supply chain
management
Support with Offline activations for brand Italy and Engage
customers online
Winning Partnership with MakeMyTrip
A 360 Degree Approach
Print Advertisement in Leading Publications
CRM:
Promotional offers on matrimonial sites, alliance partner sites
Exclusive Promotional Offers to MMT database
Promotional Offers on Leading Deal Sites
Online Marketing:
Display Advertising Campaign
Search Engine Marketing
Social Media Marketing
Direct Marketing: Emailer, SMS Campaigns
In Store Promotions, Mall Activations, RWA activations
Familiarization tours for press and influencers
Joint road shows in India in tier 1,2 and 3 cities
Thank You!