Orbitz CEO Barney
Harford’s recent interview with the travel technology website Tnooz sheds
a bit of light on the possibilities. The company’s Hadoop database, named EFX,
is currently analyzing 750 terabytes of unstructured data that Orbitz has
collected. The data includes details on every aspect of how consumers plan
trips on the site, including “everything they like or dislike about landing
pages, hotel photos, maps and the checkout process.”
After the data is run through EFX, Orbitz can determine
which landing pages are most likely to convert to hotel bookings based on the
specific pay-per-click leads that directed users to the page. This allows
Orbitz to develop a “Recommended Hotels” path that shows users the hotels they
are most likely to book, depending on how they arrived at the site. Harford said
Orbitz would start testing these personalized hotel sorts this quarter.
Orbitz has also determined that Mac users on average spend $20
more a night on their hotel than PC users. Based on this data, the company
eventually will unveil targeted hotel sorts based on a user’s operating system,
allowing Orbitz to provide a more personalized customer experience and likely
increase revenue by showing users the hotels they are most interested in
booking.
Such applications of big data analysis have significant potential
to impact the sales of online retailers. But big data analysis can have market
research implications for companies that sell in bricks-and-mortar stores as
well. For instance, the Internet personalization company Hunch was
able to create detailed profiles of Mac and PC users
based on the data it collects. Such profiles could be used to develop more
personalized marketing initiatives for specific products’ target markets,
whether a company is selling sports cars or razor blades.
As consumers book more trips through Orbitz, the company
collects more data, adding to its ability to personalize the user experience.
Harford told Tnooz that Orbitz should have at least 3,000 terabytes of consumer
trip-planning data by 2013.
Sam, can you please share the reference/video?
ReplyDeleteSource: http://www.tnooz.com/2012/11/14/news/orbitz-ceo-talks-mobile-big-data-and-opt-in-personalization-at-phocuswright/
ReplyDeletehttp://travel.usatoday.com/hotels/post/2012/05/orbitz-hotel-booking-mac-pc-/690633/1