21. When the Customer Has Less Trust 76% of consumers don’t trust brands (Yankelovich) 80% of US shoppers place more trust in brands that offer ratings and reviews than those that don’t 75% of shoppers stated that it was extremely or very important to read customer reviews. Peer reviews are preferred over expert reviews by a 6 to 1 margin. Source: FutureLab Consumers are turning their backs or worse…… 06/09/09
26. More Traditional Channels * Before digital radio and podcasting, Not counting blogs, face book and myspace pages 06/09/09 1960 2003 * Radio Stations 4,400 13,500 Magazine Titles 8,400 17,300 Channels per home 5.7 82.4
27. 200,000,000 blogs 1.8 million residents >100,000,000 videos (65,000/day) www.ebay.com 21 Nov 2006 14,463,346 auctions Almost 4,000,000 articles (10 languages) 33,347,000 profiles 60 million members More New Channels 7 billion page views in Dec 2006 06/09/09
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29. Introducing the DMS Puzzle! 06/09/09 A Destination Management System is a technology platform that comprises: 1. Content (creation, aggregation and distribution) 2. Processes (transactions and metrics) 3. Community (users and relationships) in order to attract and support guests; help tourism providers find and serve customers; and increase the net benefits of tourism to the host community