Ecommerce, also known asÌýelectronic commerce, isÌýaÌýmeans ofÌýtrading orÌýselling goods orÌýservices online. First created inÌýtheÌýlate 1970s, ecommerce has grown dramatically inÌýtheÌýlast 3Ìýdecades. Companies like Amazon andÌýeBay have become monsters inÌýtheÌýecommerce industry. While most everyday people are familiar with
Ecommerce played anÌýintegral role during theÌýlockdowns.Ìý Even though many hospitality businesses were put onÌýhold, ecommerce was anÌýimportant tool toÌýengage customers, activate consumer advertising, andÌýincrease sales safely.
This article will discuss theÌývital role ofÌýecommerce inÌýtheÌýhospitality industry.
The Role ofÌýEcommerce inÌýBusiness
Ecommerce isÌýused inÌýall types ofÌýbusinesses, big andÌýsmall. Some advantages ofÌýusing ecommerce include theÌýfollowing:
- ItÌýreduces production costs
- ItÌýallows forÌýbusinesses toÌýoperate day andÌýnight (24/7)
- ItÌýallows businesses toÌýrun more efficiently
- ItÌýallows businesses toÌýsell products toÌýindividuals inÌýdifferent states orÌýcountries
- ItÌýallows forÌýbusinesses toÌýconnect with more people than they could otherwise
- ItÌýallows forÌýpayment toÌýbeÌýsent instantly
When itÌýcomes toÌýecommerce inÌýhospitality, theÌýtourism industry isÌýaÌýmajor benefactor. While this sort ofÌýtechnology has been available forÌýsome time, theÌý
Hospitality industry websites now encourage individuals toÌýbuy tickets, book hotels, book Airbnb, andÌýsoÌýmuch more directly with ecommerce. This creates less hassle forÌýboth customers andÌýcompany employees.
The Benefits ofÌýEcommerce inÌýtheÌýHospitality Industry
The great part about ecommerce inÌýtheÌýhospitality industry isÌýthat itÌýoffers benefits forÌýeveryone involved. For instance, hotel ecommerce simplifies theÌýprocess ofÌýbooking aÌýroom, minimizing theÌýheadaches that come with traditional
ItÌýoffers aÌýmore personalized form ofÌýcustomer service
Ecommerce gives businesses theÌýopportunity toÌýaccess aÌýcustomer’s personal information, including their name, gender, email address, phone number, birthday, previous purchases, andÌýmore. This information allows them toÌýoffer personal, special deals depending onÌýtheÌýinformation they collect.
For instance, aÌýbusiness can email special birthday discounts toÌýaÌýprevious customer. This opens theÌýdoor toÌýfuture purchases while working toÌýestablish aÌý
ItÌýhelps build relationships andÌýpromotes retargeting
Retargeting isÌýanÌýessential part ofÌýtheÌýhospitality industry. When aÌýrelationship isÌýestablished with aÌýcustomer, itÌýisÌýimportant toÌýcontinue toÌýkeep them onÌýyour radar. InÌýmost cases, customers will not frequent aÌýbusiness without continued exposure, even ifÌýthey like their services. Ecommerce allows businesses to:
- Invite them toÌýloyalty programs that may offer special deals andÌýinsider offers.
- Use their information toÌýfigure out people with similar interests andÌýbackgrounds. This helps businesses find new customers toÌýtarget via social media andÌýmarketing.
Dramatically increasing sales
The internet has made purchasing anything you want (at anyÌýtime) incredibly easy. 20Ìýyears ago, you would need toÌýgoÌýtoÌýaÌýmovie theater inÌýorder toÌýpurchase aÌýticket. Today, when you are looking forÌýaÌýmovie online, you can purchase aÌýticket immediately. The convenience andÌýimmediacy make aÌýsale much more likely.
With ecommerce, you can use that toÌýencourage even more sales. For instance, once theÌýmovie ticket isÌýpurchased, theÌýmovie theater can offer aÌýspecial offer forÌýaÌýmovie membership atÌýaÌýdiscount. This membership will encourage them toÌýgoÌýtoÌýtheÌýmovies more frequently andÌýhopefully buy snacks asÌýwell. Some movie theaters even offer full meals delivered right toÌýyour seat. Theaters may offer discounts onÌýspecific brands that are affiliated with theÌýtheater itself.
ItÌýencourages andÌýboosts virtual reality technology
Once viewed asÌýanÌýinnovative way toÌýplay video games, virtual reality technology has now infiltrated theÌýhospitality industry. With VRÌýtechnology, businesses can create aÌývirtual tour experience forÌýpotential customers.
Whether it’s aÌýrestaurant, hotel, amusement park, bar, orÌýice skating rink, offering aÌývirtual experience allows potential customers aÌýunique,
Ecommerce can increase brand awareness
Having aÌýrecognizable brand isÌýextremely important. The internet isÌýperhaps theÌýmost useful tool forÌýbrand building inÌýtheÌýworld today. That’s another reason why ecommerce isÌýsoÌýbeneficial toÌýtheÌýhospitality industry.
Since online sales can beÌýcompleted anywhere, many businesses are able toÌýcast aÌýwide net. This effectively reels inÌýnew customers from all over theÌýworld. Through theÌýuse ofÌýsocial media andÌýmarketing, you can collect customers that can offer valuable information. After analyzing that information andÌýlearning what customers are looking for, you can meet people’s needs.
While building aÌýbrand may seem
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- What IsÌýtheÌýHospitality Industry
- Hospitality Industry Trends
- New Technology inÌýtheÌýHospitality Industry
- Ecommerce InÌýHospitality Industry