22 min listen
Booking.com’s Arjan Dijk on how brands can’t ignore sports if they want to be part of the zeitgeist
Booking.com’s Arjan Dijk on how brands can’t ignore sports if they want to be part of the zeitgeist
ratings:
Length:
15 minutes
Released:
Feb 7, 2024
Format:
Podcast episode
Description
Booking.com’s Chief Marketing Officer, Arjan Dijk, joins The Current Podcast to touch on the post-pandemic travel boom and how data supports the company’s omnichannel strategy, saying that 30 percent of his marketing team are “hardcore data scientists.” Episode TranscriptPlease note, this transcript may contain minor inconsistencies compared to the episode audio.Damian: (00:01)I'm Damian Fowler. Welcome to this edition of the current podcast. My co-host Ilyse Liffreing is away.Damian: (00:10)This week. I sit down with Arian, the senior Vice President and chief marketing officer for booking.com. Since it was founded in 1996 in Amsterdam, booking.com has grown from a small Dutch startup to one of the world's leading digital travel companies. The company's stated mission is to make it easier for everyone to experience the world. Part of Booking Holdings inc. booking.com is a truly global company available in 43 languages. And with more than 28 million accommodations listed, Arian joined the company in 2019 and overseas marketing efforts worldwide. As such, he's responsible for all initiatives across the marketing funnel from brand social performance and innovation. We started by talking about this omnichannel approach.Arjan: (01:03)The role of marketing is to accelerate momentum. Uh, so you have to be very, very, very thoughtful where you invest and when you invest, because if there is no momentum in the market, it doesn't really make sense to really spend a lot of money and and convincing people to, to spend money. We look at more than 200 countries in the, in the world and we're really looking like, okay, what's going on in that country? Are we really sure we should weigh in or not? And especially during the pandemic, you can imagine this was kind of a daily, uh, monitoring, uh, because things moved very rapidly and you had, you had to deal with lockdowns and then suddenly demand would drop, uh, completely. And booking.com with my team, we've been able to manage through that in a very flexible mindset. And I think that flexible mindset is still helping us right now.Arjan: (01:51)'cause we're really looking very carefully like, oh, does this work? Oh, yes, it works. Let's invest a bit more. Invest a bit more. Okay, now it's enough. Now we go into other channels and I talk a lot about the role of different channels. So I personally always hate the difference between brand marketing, performance marketing. Uh, one of the key things when I started at the company almost five years ago is that, is that we would report separately on our performance marketing spend versus brand marketing spend. I'm like, you know what? Let's not do that anymore. Uh, it's the same money it should perform. And clearly when you work in what we call low intent channels, you have different objectives. Yeah. So low intent, our channels like pr, social media, general, TV advertising, all those kind of good things, but they drive awareness and consideration. They don't necessarily drive an immediate booking where we also work in other channels where it's more about immediate booking.Damian: (02:44)It's very interesting to hear you talk about looking at that data from all these different markets you are in. I mean, how do you stay on top of that? It sounds quite strategic and quite data-driven.Arjan: (02:55)We are very data-driven. I do think that anyone in marketing now nowadays needs to be data driven. And you know, you can imagine that I have a, a big marketing team, but I can assure you that probably 30% of them are kind of hardcore data scientists. And these are people who are day in, day out will look at effectiveness of our campaigns and then report back and say, Hey, we expect that actually this to happen. But it didn't. And sometimes results are very intuitive and sometimes results are not very intuitive. And I think being honest about that is very important.Damian: (03:25)In 2023, we had a little bit of a resurgence of optimism in the economy after
Released:
Feb 7, 2024
Format:
Podcast episode
Titles in the series (73)
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