Inbound or Outbound – Which Marketing Strategy is Best?

The way we market hospitality brands, services and products has changed considerably in the last decade. This has been driven by a change in consumer behaviour, due to the development of internet technologies and how people use them. According to a report on the European Commission website, 87% of internet users in Britain made an online purchase in 2016 and these figures are growing year on year.

With the ever developing digital consumer, we look at whether hospitality companies should be transitioning from an Outbound to an Inbound Marketing strategy.

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Outbound Marketing

Commonly referred to as interruptive marketing, the outbound methodology is focused on actively seeking potential customers. The practice involves pushing a message out far and wide to broad audiences, grabbing the attention of anyone willing or forced to look.

Traditional advertising methods such as billboards, cold-calling, TV and radio ads are identified as Outbound. However, these are becoming less effective and less affordable, with mainly just large corporations paying for the diminishing results as part of a larger ‘top-of-mind’ brand awareness campaign. More affordable, modern, versions of outbound marketing exist, such as internet banner ads, pop-ups and cold-emailing. But, as with traditional advertising, these methods come at a price and they are also becoming less effective.

Technology is not only enabling these marketing methods, but it is also empowering the consumer to block and avoid these interruptive practices. Just as consumers are able to fast-forward adverts on recorded/on-demand TV, they are also using ‘ad blockers’ while browsing the internet. Consumers don’t want to be told what to buy or when to buy it. Instead, they want to research themselves (at a time that suits them) and make informed buying decisions. In-steps Inbound Marketing.

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Inbound Marketing

Inbound marketing challenges traditional Outbound marketing techniques, by not fighting for the customers attention. Inbound is defined, by its originators Hubspot, as “an approach focused on attracting customers through content and interactions that are relevant and helpful”. The focus is on being found by your potential customer, not seeking them out to sell them a dinner for two at your restaurant or tickets to your event.

Inbound traditionally uses social publishing and SEO techniques to promote content, making it visible to the consumer when they are looking for it. This requires skills and resources to create, but unlike outbound, this is the end of your costs. Once you have created, optimised and published your content it continues working for you.

A contentious form of promotion in the world of inbound, is Pay-Per-Click advertising. At LeadDigital, we believe using AdWords to promote your content to the right people, at the right time, forms part of the inbound strategy. Promoting your content at the top of the Search Engine Results Pages enhances the visibility of the content and ensures you are seen above your competitors.

With Inbound, the onus is put on the content to engage your potential customer and answer any questions they may have when making their buying decision. This shouldn’t be a problem, because who knows your potential customers better than you do? You can create Buyer Personas to help you focus content around your potential customer. These personas describe your ideal customer and detail their typical challenges and interests, which you can use to engage the reader.

What content should you be looking to create? Here are some content examples that are applicable to hospitality businesses;

Blog Posts

Market your brand in new and interesting ways. Share the latest developments and provide a relatable character to your business.

FAQs

Answer questions that potential customers may have and point them in the direction of further relevant information and how to purchase your product.

Reviews

Develop trust and turn your existing customers into promoters.

Menus

Potential customers will want to see the options before booking a table at your restaurant or bar.

Checklists

For all they need to make the most of their visit.

Guides

To the surrounding area of your venue or of the different room options at your resort.

Images and Videos

Visual representations showing your products and services.

Infographics

Show the history of your business through an infographic.

Conclusion

In years gone by, print, TV and attention-grabbing online advertising were the cutting-edge and most effective way businesses could influence potential customers. But, with the development of technology, consumer behaviour has changed and the Outbound method of actively searching for potential buyers is becoming ineffective and inefficient. Why try to buy your way in front of consumers, when they aren’t paying attention?

Today, a large proportion of consumers are purchasing through internet connected technologies. They are also using the internet to make informed buying decisions, researching articles online and seeking reviews from their peers before making purchases. Inbound Marketing is the answer to the evolving consumer behaviours and your answer to attracting new bookings and sales for your hospitality business. Better still, it’s cheaper than outbound marketing and is based on tapping into knowledge resources that likely already exists within your company.

 

Like what you’ve read? Get in touch to discuss your inbound marketing strategy.

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