loader from loading.io

058 │ Igniting Smart Marketing for 2025 Part 5: Customer Loyalty Over Acquisition, Retaining Your Best Customers Through Personalisation and Relationship Management

Tourism Hub Podcast with Despina Karatzias

Release Date: 12/25/2024

073 ⎢ The Power of Your NETwork show art 073 ⎢ The Power of Your NETwork

Tourism Hub Podcast with Despina Karatzias

In this empowering episode of the Tourism Hub Podcast, host Despina Karatzias explores the transformative power of intentional networking. Drawing from her own journey in the tourism industry, Despina shares a unique framework she calls "Net," designed to help listeners connect more strategically and purposefully. She reflects on her recent speaking engagement at the City of Monash and Eastern Innovation Business Centre, where she inspired a group of women entrepreneurs to elevate their networking game. Listeners will discover the three essential steps of the Net framework: narrowing your...

info_outline
072 ⎢ Building Tourism Networks Across Australia: Melissa Souter Robertson’s ART Convention Experience show art 072 ⎢ Building Tourism Networks Across Australia: Melissa Souter Robertson’s ART Convention Experience

Tourism Hub Podcast with Despina Karatzias

In this vibrant episode of the Tourism Hub Podcast, host Despina Karatzias chats with Melissa Souter Robertson from the Shire of Collie, WA, as they discuss her experiences at the recent ART convention in Mackay. Melissa shares her enthusiasm for the event, highlighting the inspiring speakers and invaluable insights gained from the agritourism conference, which has sparked her interest in implementing similar initiatives in her region. Listeners will discover the unique features of Collie, a picturesque town located just two and a half hours south of Perth, known for its stunning bushland,...

info_outline
071 ⎢ Navigating Seasonality in Tourism Business Operations show art 071 ⎢ Navigating Seasonality in Tourism Business Operations

Tourism Hub Podcast with Despina Karatzias

In this insightful episode of the Tourism Hub Podcast, host Despina Karatzias dives deep into the crucial topic of seasonality in tourism, exploring how it can be both a challenge and an opportunity for businesses. Drawing from her own experiences in the hot air balloon industry, Despina shares valuable strategies on how small businesses can effectively manage seasonal fluctuations and thrive throughout the year. Listeners will learn the importance of understanding and anticipating seasonal trends by analysing data and booking patterns, enabling them to make informed decisions about staffing,...

info_outline
070 ⎢ Navigating the Path to Sustainable Tourism with Corinne Lewis show art 070 ⎢ Navigating the Path to Sustainable Tourism with Corinne Lewis

Tourism Hub Podcast with Despina Karatzias

In this enlightening episode of the Tourism Hub Podcast, host Despina Karatzias sits down with ne Lewis from Ecotourism Australia to discuss the vital intersection of agritourism and sustainable practices. Corinne shares her experiences from the recent ART conference, highlighting the inspiring stories of local farmers who are blending their agricultural roots with tourism, all while navigating the unique challenges of this evolving sector. Listeners will gain insights into the certification process offered by Ecotourism Australia, which helps operators understand their sustainability journey...

info_outline
069 ⎢ From Crocodile Dundee to White Lotus: How Film Tourism Is Reshaping Travel Trends show art 069 ⎢ From Crocodile Dundee to White Lotus: How Film Tourism Is Reshaping Travel Trends

Tourism Hub Podcast with Despina Karatzias

In this engaging episode of the Tourism Hub Podcast, host Despina Karatzias uncovers the transformative power of film tourism and its profound impact on travel destinations. Despina takes listeners on a journey from the iconic Crocodile Dundee to the modern-day phenomenon of Mamma Mia and the critically acclaimed series The White Lotus, exploring how these cultural touchstones have shaped travel trends and influenced tourism in their respective locations. Delving into the concept of discoverability, Despina highlights the role of digitisation and convergence in making destinations more...

info_outline
068 ⎢ Rethinking Innovation in Tourism From Complexity to Connection show art 068 ⎢ Rethinking Innovation in Tourism From Complexity to Connection

Tourism Hub Podcast with Despina Karatzias

  In this thought-provoking episode of the Tourism Hub Podcast, host Despina Karatzias explores the evolution of tourism and the complex interplay between technology and societal change. Despina delves into the concept of systems thinking, urging listeners to look beyond superficial solutions to understand the deeper dynamics at play in the tourism industry. She challenges the notion that technology alone drives change, introducing three critical frameworks: technological determinism, the social construction of technology, and actor-network theory. Each perspective offers a unique...

info_outline
067 ⎢ Accelerate Action: Frida Kahlo, Women & Business in Motion show art 067 ⎢ Accelerate Action: Frida Kahlo, Women & Business in Motion

Tourism Hub Podcast with Despina Karatzias

In this empowering episode of the Tourism Hub Podcast, host Despina Karatzias dives into the legacy of the iconic Frida Kahlo, exploring how her life and art can inspire bold action in the tourism industry. As we celebrated International Women's Day, Despina reflects on Frida's resilience and creativity, sharing insights on how we can channel her spirit to elevate our own businesses and experiences. Despina discusses Frida's journey through pain and adversity, highlighting her ability to transform suffering into powerful self-expression. She draws parallels between Frida's artistic legacy and...

info_outline
066 ⎢ Sustainable Growth: How Agritourism is Transforming Australia's Food and Tourism Sectors show art 066 ⎢ Sustainable Growth: How Agritourism is Transforming Australia's Food and Tourism Sectors

Tourism Hub Podcast with Despina Karatzias

In this captivating episode of the Tourism Hub Podcast, host Despina Karatzias welcomes the inspiring Rose Wright from Regionality to explore the burgeoning field of agritourism in Australia. Fresh from the inaugural Agritourism Forum for Tourism Australia, Rose shares her journey and insights into how agritourism is transforming the landscape for farmers and rural communities. Rose delves into the evolution of agritourism, a movement she has championed for over 20 years, highlighting the significant shift towards recognising its value. She discusses the critical role of agritourism in...

info_outline
065 ⎢ Unlocking Melbourne's Visitor Economy with Experience Melbourne 2028 show art 065 ⎢ Unlocking Melbourne's Visitor Economy with Experience Melbourne 2028

Tourism Hub Podcast with Despina Karatzias

In this impactful episode of the Tourism Hub Podcast, host Despina Karatzias takes a deep dive into the newly launched Experience Melbourne 2028, Melbourne's destination management plan aimed at shaping the city's visitor economy over the next five years.  The episode highlights the significance of a Destination Management Plan (DMP) as a collaborative effort that aligns businesses, governments, and communities to foster a thriving visitor economy. Despina discusses the impressive statistics behind Melbourne's tourism, revealing that 14.3 million visitors contributed over $11 billion to...

info_outline
064 ⎢ Travel, Tech, and Transformation with Hamish Fell show art 064 ⎢ Travel, Tech, and Transformation with Hamish Fell

Tourism Hub Podcast with Despina Karatzias

In this exciting episode of the Tourism Hub Podcast, host Despina Karatzias welcomes Hamish Fell, a visionary in the tourism tech space and a board member of the Australian Regional Tourism Network (ART). Together, they explore the future of travel and tourism, diving into how technological advancements will shape the way we travel, especially for the next generation. Hamish shares insights from his session titled "How My Daughter Will Travel When She's 20," where he discusses the potential of high-speed travel, the evolution of drone technology, and the transformative impact of fintech...

info_outline
 
More Episodes

In this insightful episode of the Tourism Hub Podcast, host Despina Karatzias delves into part five of her compelling seven-part series, "Igniting Smart Marketing for 2025 and Beyond." This series, inspired by the latest ebook from the Institute of Excellence, is a must-listen for anyone in the tourism industry looking to elevate their marketing strategies.

 

Despina highlights the importance of focusing on existing customers, revealing that acquiring a new customer can cost up to five times more than retaining an existing one. She shares fascinating insights, such as how increasing customer retention by just 5% can boost profitability by up to 95%, according to the Harvard Business Review.

 

Listeners will learn how to build genuine relationships and personalise marketing efforts to make every customer feel valued. Despina breaks down the difference between customer acquisition and retention, emphasising the need for a balanced approach. She explores the three distinct types of customers in the tourism industry: direct customers, trade customers, and industry partners, each requiring tailored strategies for acquisition and retention.

 

This episode is packed with actionable strategies on how to leverage data to understand customer behaviour, personalise communication, and use tools like CRM systems to enhance customer relationships. Despina also discusses the importance of loyalty programs, reputation management, and effective communication channels in building strong customer connections.

 

Join Despina in this episode to discover how to transform your customer relationships into a powerful network of advocates, driving sustainable growth for your business. Whether you're a tourism professional or a business owner, this episode offers valuable insights and practical steps to enhance your customer retention strategy.

 
00:43 - The Importance of Customer Retention
02:09 - Understanding Customer Acquisition vs. Retention
03:07 - Tailoring Strategies for Different Customer Types
05:35 - Building Strong Customer Relationships
06:56 - Personalization in Relationship Management
10:31 - Tools and Strategies for Retention
15:18 - Action Plan for Improving Retention

Grab your FREE copy of the must-read Top 25 Marketing Mistakes Your Small Business Must Avoid eBook today!

Connect with Despina Karatzias:

Website: Institute of Excellence

LinkedIn: Despina Karatzias

Instagram: @despinakaratzias

 

Follow us on social media for updates:

Facebook: Institute of Excellence | Tourism Hub Podcast

Instagram: @instituteofexcellencehq | @tourismhubpodcast | @despinakaratzias

YouTube: Institute of Excellence | Despina Karatzias

 

Show hosted by Despina Karatzias and brought to you by Tourism Hub in association with Institute Of Excellence.

 

Stay ignited and inspired, and remember, personalisation builds connection and connection builds loyalty!