2 09.15-09.45 venky sharma - eyefortravel · content:recommend items that are similar to those that...

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Personalization Venkatesh Sharma Sr. Director, Global Inventory Management and Pricing

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Page 1: 2 09.15-09.45 Venky Sharma - EyeforTravel · Content:Recommend items that are similar to those that a user liked/used in the past, or is examining in the present § Property/Destination

PersonalizationVenkateshSharmaSr.Director,GlobalInventoryManagementandPricing

Page 2: 2 09.15-09.45 Venky Sharma - EyeforTravel · Content:Recommend items that are similar to those that a user liked/used in the past, or is examining in the present § Property/Destination

The World’s Leading Collection of Vacation Exchange Businesses

Page 3: 2 09.15-09.45 Venky Sharma - EyeforTravel · Content:Recommend items that are similar to those that a user liked/used in the past, or is examining in the present § Property/Destination

More than 4,300 resorts in over 110 countries

Page 4: 2 09.15-09.45 Venky Sharma - EyeforTravel · Content:Recommend items that are similar to those that a user liked/used in the past, or is examining in the present § Property/Destination
Page 5: 2 09.15-09.45 Venky Sharma - EyeforTravel · Content:Recommend items that are similar to those that a user liked/used in the past, or is examining in the present § Property/Destination

Approach to Personalization

StrategicVision DataGatheringandIntegration CustomerModeling

InventoryAnalytics PersonalizedRecommendations Feedback

Page 6: 2 09.15-09.45 Venky Sharma - EyeforTravel · Content:Recommend items that are similar to those that a user liked/used in the past, or is examining in the present § Property/Destination

Why do we need this Initiative

Page 7: 2 09.15-09.45 Venky Sharma - EyeforTravel · Content:Recommend items that are similar to those that a user liked/used in the past, or is examining in the present § Property/Destination

Data Gathering & Integration

§ Prioritizekeyareasofneed§ Augmentandinfer§ Breakdownsilos§ InvestinDataGovernance§ Distributefromsingle

source

Page 8: 2 09.15-09.45 Venky Sharma - EyeforTravel · Content:Recommend items that are similar to those that a user liked/used in the past, or is examining in the present § Property/Destination

Consumer Modeling

§ Predictivetransactionalmodelstoidentifyuserstotargetincampaignsbasedonlikelihoodtorespond

§ CreateSegmentsandKPIs§ EnterpriseSegmentation– Pros,Novice,Upscale§ OpportunitySegments– tactical§ LifeTimeValue§ KPISegments– Tenure/Spendmix§ Geosegmentation

Inventory Analytics

§ BookingPatterns§ PricingAlgorithms§ InventoryKPI– Supply,Usage,Demand

andOccupancy

Consumer and Inventory AnalyticsRight Member Right Time Right Property Right Price

Page 9: 2 09.15-09.45 Venky Sharma - EyeforTravel · Content:Recommend items that are similar to those that a user liked/used in the past, or is examining in the present § Property/Destination

Content: Recommenditemsthataresimilartothosethatauserliked/usedinthepast,orisexamininginthepresent

§ Property/DestinationAttributes§ Transaction/searchinfo

Collaborative:Thecoreideaistosuggestthoseitemstousersthatothersimilarusersliked/usedbefore.“FillinBlank”ofuserprofilebasedonprofilesofsimilarusers

§ Statedpreferences§ Transaction/searchinfo

Personalize RecommendationsBuild Themes – Customize

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Relevant Across Journey

§ Desiretointeract– relevantmessagingduringdifferentphasesofjourney§ Holdaconversation– seamlesslyacrossallchannels§ Sameexperienceacrosschannels§ MemberCentric- wearelisteningandworkingtosendthemonvacation§ Simplifythejourney

Dream Search Book Pre-Travel Travel Post-Travel

Page 11: 2 09.15-09.45 Venky Sharma - EyeforTravel · Content:Recommend items that are similar to those that a user liked/used in the past, or is examining in the present § Property/Destination

Because Your Vacation means the World to Us

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