EyeforTravel |
Create an effective distribution sales strategy for the unique Chinese consumer |
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Travel Distribution China 2008 |
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24-25 September 2008, Beijing |
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AgendaDay 18:00 - 9:00amRegistration9:00 - 10:45amSession 1The Ctrip experienceCtrip have long been the pioneer and leader of China´s online travel market place. As the Chinese market matures, Ctrip have not only managed to stay ahead of the competition, but have experienced massive growth in the process. Let our Ctrip expert share with you what they consider to be the key decisions in their journey to online success. Hear what led to their 66% profit growth in 2007, and how they see the Chinese landscape evolving over the coming 10 years.
Profiting from the Chinese boom periodChina is the worlds most exciting travel market place. The business and growth potential is incomparable to any other nation in history. The number of Chinese internet users has overtaken the US, and is expected to reach 280 million users by the end of 2008 at a staggering 200,000 new internet subscribers per day. With the growth of the Chinese middle class, the new emphasis on a ‘Holiday Economy’ and the ambitious plans of bringing 82% of China´s population to within 90 minutes of an airport, Chinese travel is a mouth watering land of opportunity. As the internet savvy youth of today become the cash rich young adults of tomorrow, the real financial benefits of an online presence will be realised.
Coffee Break11:30 - 1:00pmSession 2Managing revenue and Sales in the face of hotel room oversupplyOlympic fever has brought an unprecedented level of hotel investment into China. Remarkably some of this competition is from chains that until now have never invested outside their own national base, adding to the heightening oversupply of rooms. Shanghai felt the affect of this in 2007, experiencing a 3% drop in average occupancy. As the post Olympic boom eventually subsides, the onus will fall on both the Revenue Management and Sales teams so solve the problem of ‘how to manage revenue in an oversupplied market’. Will Total Revenue Management become mainstream, in favour of classic management of room revenues?
Lunch Break2:00 - 3:45Session 3Capitalising on the Olympic BuzzWhat can history teach the travel industry in the aftermath of this Olympic year? Since the Olympics have cast global eyes on China, the window of opportunity to cash-in on the inbound visitor boom is now! Consider these past host country statistics:
Financial spin-offs for the travel industry from the Beijing Olympics will be immense. Ensure you are positioned to exploit this, and that the type of products and services you offer appeal to the diverse and lucrative new markets set to flood China. Hear the key distribution channels - both on and offline - that will optimise your ability to generate continued post-Olympic revenue.
Corporate travel - Travel Management Companies as a distribution channelTravel Management Companies have firmly established themsleves as a viable means by which to distribute travel products across China. Chinese corporate clients are realising the value of travel bookings using TMC´s. Discover the optimised corporate programs TMC´s can provide and ensure your company is positioned to capitalise on new corporate travel markets.
Coffee Break4:15 - 5:45pmSession 4The growing opportunity of eCommerce with secure online payment portalsOnline payment solutions have long been a restriction to the growth of cost effective online travel distribution. Without the necessary securities in place your business runs the risk of harming its own reputation, and the confidence of your customers. New solutions to this problem are becoming more readily available, and the change in consumer behaviour is quickly creating a greater need for these solutions to be implemented.
5:45 - 7:15pmEnd of Day 1 - Networking PartyDay 28:30 - 9:30amRegistration9:30 - 11:15amSession 1The eLong story - The 4G´s strategy to revitalize eLongRecently, eLong (52% owned by global giant Expedia) has seen its brand integrity and growth momentum being regained. Hear how a dramatic shift towards customer satisfaction, the launch of a fresh new user friendly website, the integration of Expedia global resource and the promotion of corporate responsibility, has reversed the fortunes of eLong.
Developing new and profitable distribution channelsAs a nation China´s distribution landscape is considerably more fragmented than other nations, even by Asian standards. Identifying lucrative new distribution channels are key to the prolonged growth and success of all travel businesses in this time of heightened demand for Chinese travel.
Coffee Break11:45 - 1:15pmSession 2Integrated sales and marketing strategiesOnline sales and marketing is the most cost effective and targeted means to selling travel products. However in China a large portion of a marketing spend still needs to be offline to be comprehensive. Aligning offline strategies with your online is essential for brand consistency and the success of an all encompassing marketing strategy.
Lunch Break2:30 - 4:00Session 3Optimising your Agency-Supplier distribution relationshipsDistribution and sales partnerships between agencies and suppliers have provided the basis for Chinese travel business. Times are changing, and the impacts of this will be felt by agencies nationwide as online bookings are expected to swell from 5% to 12% of total bookings by 2012. History suggests that the relevance of agencies suffers greatly when online bookings become mainstream, hear what this will mean for the Chinese industry.
4.00pm End of Conference |