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SUMMER OF STARTUPS

  Lessons Learned nº 3
         (Nº 29 – HotelASP.com)




   Email: fabricadestartups@gmail.com
      www.fabricadestartups.com
Direitos de Autor
• A metodologia FastStart e a organização do
  Bootcamp do Summer of Startups é da
  responsabilidade da Fábrica de Startups S.A.
  detendo esta empresa todos os direitos de
  autor e de propriedade intelectual.




                    blog.hotelasp.com            1
                           v3.0
Team Members



Marketing                            TBA
                         Digital Marketing,
 & Sales         Hotel Marketing, Sales and Support



                            Miguel Ribeiro
                                Hotel Operations
Operations      http://www.linkedin.com/profile/view?id=1401522




                                     TBA
 Design           Web Design, Software Usability,
              Brand, Communication, Sales and Support




                                Miguel Ribeiro
    IT                   IT, Sales and Support




                blog.hotelasp.com                                 2
                         v3.0
Business Idea
                                     Self-service hotel digital marketing
                             integrated with real time hotel sales and operations




                                                        Sales                              Operations
    Marketing




                                                                                                           Guest



•           The HotelASP is a service to improve the marketing, sales and operations of small hotels and
            establishments offering accommodation or lodging.

•           It offers a one stop shop to the accommodation or lodging manager that need:
              – Marketing         : Web site SEO friendly, AdWords Campaigns, Email campaigns;
              – Sales             : Direct booking, discount engine;
              – Operations        : Property management or channel management.

•           It’s self-service, integrated, convenient, fast, simple and affordable.
                                                         blog.hotelasp.com                                         3
                                                                v3.0
Business Idea
                   Empowering
              the hotel direct channel
                      Customers




      Hotel
Digital Marketing



     Direct
    Booking


     Direct                               Channel
    Channel                              Management


                    Hotel Operations


                     blog.hotelasp.com                4
                            v3.0
Value Curves
                                  Empowering
                             the hotel direct channel
7


6


5



4


3


2


1


0




    Hotel Operations             Hotel Sales             Hotel Marketing   Other

    HotelASP       Competition

                                     blog.hotelasp.com                             5
                                               v3.0
Business Model
                                                                       HotelASP                                                                                               MR                                                v1.1



Communication, Brand &
   Design Agency
                            Tela do Modelo de Negócio
                                               Digital Marketing       Provide self-service hotel digital
                                                                       marketing integrated with real time                        Self-Service & Automated Services
                                                                                                                                                                                                         S1 – Micro Hotel
                                                                                                                                                                                                            Managers
                                                                       hotel sales and operations. All in one                   CR1                                                                          ≤ 4 Employees
                                               Design & Usability
                                                                                                                                                                                                             IT Cloud Ready
                                                                       place.                                                         Learning “How to Configure & Use”
     Booking hubs                                 Sales CRM                                                                            using Videos, Manuals & FAQs                                    CS1
                                                                       Offer ONE-STOP-SHOP TOOL for the                         CR2

 Channel management                              Support CRM           property manager that includes:                                           Support by
                                                                       MARKETING                              VP1                1.      Videos, Manuals & FAQs                                          S2 – Small Hotel
   partner providers                                                   #1 – AdWords Campaigns
                                                                                                              VP2                2.      Community, Forums and Social Networks                              Managers
                                                                       #2 – Email Campaigns                                      3.      Email and Chat
                                         Cloud Software Platform                                                                                                                                             < 20 Employees
                                                                       #3 – Hotel Web site (SEO Ready)        VP3                4.      Premium Support Services
   Payment provider                           Development              SALES                                                                                                                                 IT Cloud Ready
       (PayPal)                                                                                               VP4               CR3
                                                                       #4- Direct booking                                                                                                              CS2
                                                                       #5- Discounts Engine                   VP5                         News letters
                                                                       OPERATIONS                                               CR4
                                                                       #6 - Property Management System        VP6
       Local Partners –                                                #7 - Channel management
                                                                                                              VP7
     For presencial or very                                                                                                                                                                                Country Markets
customizable services (e.g. Web                                                     Integrated (7 tools in 1)                     Search Engines                                                         with strong tourism
                                                     Team                                                                                                                                                    industry, IT &
  design, data migration, etc)                                            Make the life of the hotel manager simpler and        Keyword Matching
                                                                         happier. More free time. Less risk. Simplify the use   CH1                                 T&H                                     communication
                                                                                           of technology                                                   (Tourism & Hospitality )                    infrastructure, IT cloud
                                                Cloud Platform       VP8
                                                                                                                                                                 Journals &                              readiness, english or
                                                                                           Convenient                                 Website
                                                                                                                                CH2                              Magazines                               portuguese spoken.
                                                                               Self-service from anywhere at anytime.                                  CH5
                                                    Hosting          VP9                   No maintenance.                                                                                             #1 – Portugal
                                                                                                                                 Email Campaigns                    T&H                                #2 – United States
                                                                               Designed (to be Simple and Fast)                                                                                        #3 – Brazil
                                                                          Designed for the “no-time to waste” and multi-        CH3                              Associations                          #4 – United Kingdom
                                                                                    tasker property manager                                                                                            #5 – Australia
                                                                     VP10                                                              T&H                   CH6
                                                                                                                                                                                                       #6 – Rest of the World
                                                                                                                                 Websites, Foruns &
                                                                                           Affordable                              Communities                      T&H
                                                                          Free services and premium services with flexible                                          Fairs
                                                                        (fixed and variable) pricing based on pay per usage     CH4                        CH7
                                                                     VP11

                                                                                                                                                                                                 RS9 Market  Acquisition = 20%
                                                                                                                                                                                                RS10 Acquisition  Activation = 20%
                             Hosting                                                                        Software Services (Direct Revenue)                          Support Services        RS11 Activation  Retention = 20%
Team Salaries                                                                                          Fixed Pricing                                         Direct Revenue
                                                                                               RS1 70 € per Month                                            #1 – Support by Telephone, Skype, SMS
                                                                                                                                                     RS5     (fixed fee per year)                  RS12 Retention  Revenue = 25%
                                                                                                       Variable Pricing (Pay per Usage)                                                     RS13
   Digital            Office rent & Local IT                                                   RS2 #1 – Extra Direct Booking Commission (1% of booking)    Indirect Revenue (By Local Partners)
                                                                                                                                                                                                 Churn Rate of 20% (1 in 5)

  Marketing               infrastructure                                                       RS3 #2 – Extra Accounting Documents (0.2 € per doc.)    RS6 #2 – Web Design
                                                                              (blog.hotelasp.com) (0.05 € per doc.)
                                                                                      RS4
                                                                                          #3 – Extra Emails                                                  #3 – Presencial Formation
                                                                                                                                                       RS7 #4 – Data Migration                                          6
                                                                                                                                                       RS8


                                                                                blog.hotelasp.com
                                                                                                v3.0
Market Size
                                             World Market                                  S1         225.477 Micro Property Managers
                                                                                                                    ≤ 4 Employees
                                      504.345 IT Cloud Ready
                                       Micro & Small Hotels                                S2         278.869 Small Property Managers
                                                                                                                    < 20 Employees
                                            (less than 20 employees)




    Market Size                                                                          HotelASP
          Nº of Hotels                                                                      Nº of Hotels

          68%
                                78%
                                                        20%
                                                                             1 in 5               1 in 5                 1 in 4

                 643.903                504.345                  Acquired             Activated            Retained                  Revenue
940.203         Micro & Small         IT Cloud Ready
 Hotels            Hotels                                        100.869               20.174               4.035                     1.009
                                        M&S Hotels
                  (< 20 emp.)




  100%              68%                    54%                       10.7%              2.1%                 0.4%                     0.1%




                                                 blog.hotelasp.com                                                                      7
                                                        v3.0
Customers – Segment #1 (Micro Hotel)
                                                                                                                     MR
                                                                                                                                                                             v1.0
                                                                         Micro Hotel Manager
The world changes are creating uncertainty. There is more business risk.        (≤ 4 Employees)                    Worried about the overbooking but is manageable.
Sometimes anxious of not having money to pay for the fixed costs (taxes,              He struggles with internet   He needs to sell in several places (internet booking
utilities, fixed salaries, etc) but it’s manageable. Doesn't owe money to the bank. marketing. Too many, expensive sites) the same room for the same day.
                              Lack of control in selling the room                     and complicated tools.
                              inventory. No contracts. No guarantees.                                                Worried about guest feedback             Competition is using the
   Family. The owner and      Most is sold via internet, over which he has Family managed and owned.                 in the internet. It’s difficult to       internet to sell rooms
   manager family also uses   very little or no control                         He typically owns the property.      control and can greatly impact
   the internet to search,                Difficulties and frustration in using web based technologies.              future business.                         Competition is using
   book and complain.                     Too complicated but has some free time to spend.                                                                    the internet for hotel
                                                                                                                                                              marketing purposes
                                                                                                                        There is a lot of hotel
                                                                                                                        management software
 Guests. He hears what        Competition. He sometimes                                                                 tools offerings. What             World economic crisis.
 the guests write about       checks the internet to see                                                                to choose ? By cost, by           People travel less and are
 the hotel in the             what the competition is                                                                   type, by credibility, ...         more conscious with costs.
 internet.                    offering, mainly pricing and                                                                                                Taxes are increasing.
                              promotions                                                                     There are a lot of cheap hotel               Business risk is increasing.
                                                                                                             software tools in the internet.              More uncertainty
   Tourism and hospitality associations. He
   gives credibility to their recommendations                                                                What are credible ?         Guests search, book and complain in
                                                                                                                                             the Internet
 Tourism regulation. He follows                    He still uses pencil and paper to manage the hotel but he is                                           Internet is omnipresent and
 the laws and regulation                           starting using the internet for marketing and selling                                                  is in the business to stay
                                                                                                                         He has more
                                                                                                                         freedom in                              Guests are more cost
                                      He is starting or using the internet to sell his room inventory but
                                                                                                                         spending money                          sensitive. They have
                                      doesn’t know very well how to do digital marketing for his hotel
                                                                                                                                                                 more information to
                                                                                                                  Asks his family to help with the
                                                                                                                                                                 help in their choices
                                                                                                                  internet.
                     He doesn’t know how to do digital marketing for his hotel


             Extra costs derived from overbookings       It’s very hard to do internet       Increase revenue per
                                                                                                                             Increase guest satisfaction
                                                         marketing and selling. Too          avalilable room (RevPar)
Too much uncertainty and anxiety. Not having money       many unfriendly, expensive                                                                                     More free time
to pay the fixed costs. Empty house. Too much room       and complicated tools                Increase occupaction          Increase guest recurrence and
inventory and no options of how to sell them.                                                 rate                          fidelization
                                                           Frustated using internet                                                                                     Less risk and
Afraid of unfair bad feedback consequences and             technologies. Too                                                                                            headaches
inability to answer back and defend the hotel position                                       Reduce negative feedback               Reduce operating costs
                                                           complicated

                                                                         blog.hotelasp.com                                                                                              8
                                                                                      v3.0
Customers – Segment #1 (Micro Hotel)
                                                   Doesn’t want to waste                     Profile
                                                    time in technology.
                Extrovert. People                                                            Woman, married, 55 years old, with grandchildren and a
                    Oriented                               Self made woman                   standard or vocational college degree. It's a self-made
                                                                                             woman, an hands-on person that values autonomy and
 Urban. Live in or                                               50 – 60 years old
  near the cities                                                                            freedom.
                                                                     Married with
Live in or near the                                                   Children               She is extrovert and enjoys talking to people and share
       Hotel                                                                                 experiences.
                                                                Vocational college
Yearly net income                                                    degree                  She is a multi-tasker, in the same day she can be a
more than 50.000                                                                             receptionist, a restaurant clerk, a bar clerk, a room cleaner
                                                                     Multi-Tasker &
       USD
                                                                      Hands-On               clerk or even a maintenance clerk.

   Owner and                                                     Speaks at least 2           She is not used to technology but she is learning, in particular
manager of a small                                                languages (inc.            she is using the internet to market and sell the hotel rooms.
    Property                                                         English)
                                                                                             She earns enough to have a good living and she doesn´t
                                                                                             worry to much about having an empty house. She prefer to
    Manages family business.         Not technology savvy. Uses                              have an empty house than a house full of bad customers.
      Employ their Family           the Internet but not regularly


Personal Objectives                                                                          Day to Day Life

Learn and share with people from different cultures and                                      6.30am        - Wake up
countries. The hotel is kind of a reflex of her personality. She                             7am – 8am - Prepare the breakfast
likes when her guests enjoy her hotel.                                                       8am – 10am - Delivers the breakfast and talk with guests
                                                                                             10am – 11am - Room cleaning
                                                                                             11am – 1pm - Check Ins & Check Outs
Professional Objectives                                                                      1pm – 3pm - Room cleaning
                                                                                             3pm – 5pm - Manages bookings. Checks the internet,
Average occupancy rate. Happy and satisfied customers.                                       emails and faxes
Fidelization and recurrent guests. Make enough money to                                      5pm – 6pm – Maintenance issues
maintain the hotel open and working.                                                         6pm – 11pm – Reception, bar and talk with guests



                                                                            blog.hotelasp.com                                                                9
                                                                                      v3.0
Customers – Segment #2 (Small Hotel)
                                                                                                                   MR
                                                                                                                                                                       v1.0
                                                                        Small Hotel Manager
   The world changes are creating uncertainty. There is more business      (5-19 Employees)                          Very worried about the overbooking. It’s hard to manage.
   risk. Very anxious of not having money to pay for the fixed costs (bank    He spends a lot of effort and          He needs to sell in several places (internet booking sites)
   loan fees, taxes, utilities, fixed salaries, etc)                          money in internet marketing.           the same room for the same day. Sometimes he needs to
               Lack of control in selling the room inventory. No                                                     sell in more than 10 different places.
                                                                       Family owned. Family owes the bank                                            Competition is using the
               contracts. No guarantees. Most is sold via internet, money. Usually the family does not         Worried about guest feedback
               over which he has very little or no control                                                     in the internet. It’s difficult to    internet to sell rooms
                                                                       manage directly the hotel
Owners Family. The                                                                                             control and can greatly impact
                                   Very occupied. He has no free time to spend. He doesn’t like to have                                            Competition is using the
owners have a close                                                                                            future business.
                                   to deal with several tools. He likes integration, control and less risk                                         internet for hotel
relationship with the
hotel manager.                                                                                                                                     marketing purposes
                                                                                                                       There is a lot of hotel
                                   Competition. He usually
                                                                                                                       management software
 Manager Family. His               checks the internet to
                                                                                                                       tools offerings. What       World economic crisis.
 family also uses the              see what the
                                                                                                                       to choose ? By cost, by     People are more conscious
 internet to search, book          competition is offering,
                                                                                                                       type, by credibility, ...   with costs. Taxes are
 and complain.                     mainly pricing and
                                   promotions                                                                                                      increasing. Business risk is
                                                                                                             It’s dificult to find a one           increasing. More uncertainty
Guests. He hears what the guests write                                                                       stop shop tool with all
about the hotel in the internet.                                                                             the marketing, sales and
                                                                                                                                           Guests search, book and complain in
                                                                                                             operation tools he needs
Tourism and hospitality associations. He gives                                                                                             the Internet
some credibility to their recommendations               He uses a computer to manage the hotel and he uses                                         Internet is omnipresent and
                                                        frequently the internet for marketing and selling                                          is in the business to stay
                                                                                                                        He is more careful in
Tourism regulation.
                                                                                                                        justifying the
He follows the laws                   He is using the internet to sell his room inventory but it’s                                                          Guests are more cost
                                                                                                                        spending of money.
and regulation                        hard to do digital marketing in a efficient manner                                                                    sensitive. They have
                                                                                                                  He has some web technologies              more information to
                      He has some know how to do digital marketing for his hotel but he has no time and           know how and skills (html, web            help in their choices
                      he has limited budget for paying this kind of services to third parties                     tools, etc)

             Extra costs derived from overbookings                                         Increase revenue per
                                                         It’s hard to do internet                                           Increase guest satisfaction
                                                                                           avalilable room (RevPar)
Too much uncertainty and anxiety. Not having money to marketing and selling.
                                                                                                                                                                  More free time
pay the bank or other fixed costs. Empty house. Too much Too many unfriendly,               Increase occupation rate       Increase guest recurrence and
room inventory and no options of how to sell them.       expensive and                                                     fidelization
                                                         complicated tools                                                                                         Less risk and
 Afraid of unfair bad feedback consequences and                                                                                                                    headaches
 inability to answer back and defend the hotel position                                    Reduce negative feedback                Reduce operating costs


                                                                        blog.hotelasp.com                                                                                     10
                                                                                    v3.0
Customers – Segment #2 (Small Hotel)
                                                   Doesn’t want to waste                     Profile
                                                    time in technology.
                Extrovert. People                                                            Man, married, 45 years old, with children and a tourism
                    Oriented                                Self made man                    related vocational college degree. It's an hands-on person
                                                                                             that values efficiency and is result oriented.
 Urban. Live in or                                               40 – 50 years old
  near the cities
                                                                                             He is extrovert and enjoys talking to people and share
                                                                     Married with
                                                                      Children               experiences.
Live near the Hotel
                                                                Vocational college           He is a multi-tasker, in the same day he can be a
Yearly net income                                                    degree                  receptionist, a restaurant clerk, a bar clerk, a room cleaner
 less than 75.000                                                                            clerk or even a maintenance clerk.
                                                                     Multi-Tasker &
        USD
                                                                      Hands-On
                                                                                             He is used to technology, in particular he is using the
   Manager of a                                                  Speaks at least 2           internet to market and sell the hotel rooms.
  small Property                                                  languages (inc.
                                                                     English)                He earns enough to have a decent living but he worries
                                                                                             about having an empty house. He is paid to increase the
                                                                                             occupancy rates of the hotel and is salary depends on his
                                     Not technology savvy. Uses                              professional performance.
    Manages family business.
                                    the Internet but not regularly


Personal Objectives                                                                          Day to Day Life

Increase the salary and commissions. Learn and share with                                    6.30am        - Wake up
people from different cultures and countries.                                                7am – 8am - Manages the breakfast service
                                                                                             8am – 10am - Talk with guests
                                                                                             10am – 11am - Supervises the room operations
                                                                                             11am – 1pm - Manages the check ins and check outs
Professional Objectives                                                                      1pm – 3pm - Supervises the room operations
                                                                                             3pm – 5pm - Manages bookings. Checks the internet,
High occupancy rates. Full house. Happy and satisfied                                        emails and faxes
customers. Fidelization and recurrent guests. Not having                                     5pm – 6pm – Manages the maintenance issues
negative feedbacks.                                                                          6pm – 11pm – Manages the reception, bar and talk with
                                                                                             guests


                                                                            blog.hotelasp.com                                                            11
                                                                                      v3.0
Hypotheses Validations
                                                                                        Segments 1 and 2

      Score




                                                                                                                                                                                        Type
ID                                             Hypothesis                                                                               Test                                                        Validation

         [H.VP1]: I bel i eve the HOTEL MANAGER wi l l va l ue hi s di rect cha nnel the            [T.VP1]: Wi l l you va l ue hi s di rect cha nnel the s a me ha s the other         I+S    Thi s i s va l i d i f 70% of 10
         s a me ha s the other onl i ne cha nnel s a nd us e s el f-s ervi ce a dvertis ement       onl i ne cha nnel s a nd us e s el f-s ervi ce a dvertis ement ca mpa i gns                i ntervi ews ora nd
VP1   20 ca mpa i gns (vi a AdWords ) for a cqui ri ng new cus tomers , promote room s a l es ,     (vi a AdWords ) for a cqui ri ng new cus tomers , promote room s a l es ,                  s urveys a gree
         reduce promotion cos t per room a nd i ncrea s e revenue per a va i l a bl e room          reduce promotion cos t per room a nd i ncrea s e revenue per
         (RevPAR)                                                                                   a va i l a bl e room (RevPAR)
         [H.CR1]: I bel i eve the HOTEL MANAGER wi l l us e s el f-s ervi ce onl i ne (cl oud)      [T.CR1]: Wi l l you us e s el f-s ervi ce onl i ne (cl oud) s oftwa re s ervi ces   I+S    Thi s i s va l i d i f 70% of 10
         s oftwa re s ervi ces for reduci ng hotel ma rketing, s a l es a nd opera tion cos ts ,    for reduci ng hotel ma rketing, s a l es a nd opera tion cos ts ,                          i ntervi ews ora nd
CR1   20 i ncrea s e s a l es a nd be more effi ci ent i n res ource pl a nni ng a nd us a ge       i ncrea s e s a l es a nd be more effi ci ent i n res ource pl a nni ng a nd               s urveys a gree
                                                                                                    us a ge

         [H.VP6]: I bel i eve the HOTEL MANAGER wi l l us e a n onl i ne (cl oud) property          [T.VP6]: Wi l l you us e a n onl i ne (cl oud) property ma na gement                I+S    Thi s i s va l i d i f 70% of 10
         ma na gement s oftwa re for ma na gi ng the hotel ma rketing, s a l es a nd                s oftwa re for ma na gi ng the hotel ma rketing, s a l es a nd                             i ntervi ews ora nd
VP6   20 opera tions                                                                                opera tions                                                                                s urveys a gree



         [H.VP2]: I bel i eve the HOTEL MANAGER wi l l va l ue hi s di rect cha nnel the            [T.VP2]: Wi l l you va l ue hi s di rect cha nnel the s a me or more tha n          I+S    Thi s i s va l i d i f 70% of 10
         s a me or more tha n the other onl i ne cha nnel s a nd us e s el f-s ervi ce ema i l      the other onl i ne cha nnel s a nd us e s el f-s ervi ce ema i l ca mpa i gns              i ntervi ews ora nd
VP2   16 ca mpa i gns for retai ni ng gues ts , reduce churn ra te, i ncrea s e cus tomer           for retai ni ng gues ts , reduce churn ra te, i ncrea s e cus tomer                        s urveys a gree
         s a tis fa ction, promote room s a l es , reduce promotion cos t per room a nd             s a tis fa ction, promote room s a l es , reduce promotion cos t per
         i ncrea s e the revenue per a va i l a bl e room (RevPAR)                                  room a nd i ncrea s e the revenue per a va i l a bl e room (RevPAR)
         [H.CR2]: I bel i eve the HOTEL MANAGER wi l l vi ew "how to us e" YouTube                  [T.CR2]: Wi l l you vi ew "how to us e" YouTube vi deos for l ea rni ng             I+S    Thi s i s va l i d i f 70% of 10
         vi deos for l ea rni ng a nd confi guri ng how to us e the s oftwa re s ervi ce wi thout   a nd confi guri ng how to us e the s oftwa re s ervi ce wi thout a ny                      i ntervi ews ora nd
CR2   16 a ny pres enci a l s upport                                                                pres enci a l s upport                                                                     s urveys a gree



         [H.CR3]: I bel i eve the HOTEL MANAGER wi l l us e non pres enci a l or s el f-            [T.CR3]: Wi l l you us e non pres enci a l or s el f-s ervi ce s upport for         I+S    Thi s i s va l i d i f 70% of 10
         s ervi ce s upport for fi xi ng probl ems tha t coul d occur from the us a ge of the       fi xi ng probl ems tha t coul d occur from the us a ge of the s oftwa re                   i ntervi ews ora nd
CR3   16 s oftwa re                                                                                                                                                                            s urveys a gree



              [H.RS1]: I bel i eve the HOTEL MANAGER wi l l pa y a fi xed pri ci ng of 70 € per     [T.RS1]: Wi l l you pa y a fi xed pri ci ng of 70 € per month for us i ng a l l       I    Thi s i s va l i d i f 70% of 10
              month for us i ng a l l the Hotel ASP s ervi ces wi thout a ny l i mi tations         the Hotel ASP s ervi ces wi thout a ny l i mi tations                                      i ntervi ews a gree
RS1   15




                                                                                            blog.hotelasp.com
                                                                                                       v3.0
Hypotheses Validations
                                                                                         Segments 1 and 2

      Score




                                                                                                                                                                                        Type
ID                                             Hypothesis                                                                                 Test                                                      Validation

              [H.RS2]: I bel i eve the HOTEL MANAGER wi l l pa y a 1% commi s s i on for ea ch         [T.RS2]: Wi l l you pa y a 1% commi s s i on for ea ch extra di rect              I     Thi s i s va l i d i f 70% of 10
              extra di rect booki ng a fter 3 free booki ngs per month                                 booki ng a fter 3 free booki ngs per month                                              i ntervi ews a gree
RS2   15



         [H.CS1]: I bel i eve the HOTEL MANAGER wi l l need a s oftwa re tool for                      [T.CS1]: Wi l l you need a s oftwa re tool for ma na gi ng the                    I     Thi s i s va l i d i f 70% of 10
         ma na gi ng the ma rketing, s a l es a nd opera tions i f you a re the ma na ger of a n       ma rketing, s a l es a nd opera tions i f you a re the ma na ger of a n                 i ntervi ews a gree
CS1   15 hotel wi th l es s tha n 4 empl oyees                                                         hotel wi th l es s tha n 4 empl oyees



         [H.VP5]: I bel i eve the HOTEL MANAGER wi l l us e di s count ca mpa i gns for                [T.VP5]: Wi l l you us e di s count ca mpa i gns for i ncrea s i ng cus tomer    I+S    Thi s i s va l i d i f 70% of 10
         i ncrea s i ng cus tomer retention a nd fi del i za tion a nd i ncrea s e occupa tion         retention a nd fi del i za tion a nd i ncrea s e occupa tion ra te                      i ntervi ews ora nd
VP5   12 ra te                                                                                                                                                                                 s urveys a gree



         [H.VP8]: I bel i eve the HOTEL MANAGER wi l l va l ue a n i ntegra ted one s top              [T.VP8]: Wi l l you va l ue a n i ntegra ted one s top s hop s ervi ce for       I+S    Thi s i s va l i d i f 70% of 10
         s hop s ervi ce for reduci ng cos ts from ma nua l a ctivi ties , reduce bus i nes s ri s k   reduci ng cos ts from ma nua l a ctivi ties , reduce bus i nes s ri s k a nd            i ntervi ews ora nd
VP8   12 a nd rel ea s i ng more free time to the da y to da y cus tomer rel a tions hi p              rel ea s i ng more free time to the da y to da y cus tomer rel a tions hi p             s urveys a gree



              [H.RS3]: I bel i eve the HOTEL MANAGER wi l l pa y 0.2 € for ea ch extra i nvoi ce or    [T.RS3]: Wi l l you pa y 0.2 € for ea ch extra i nvoi ce or recei pt              I     Thi s i s va l i d i f 70% of 10
              recei pt document a fter the 10 free documents per month                                 document a fter the 10 free documents per month                                         i ntervi ews a gree
RS3   12



              [H.RS4]: I bel i eve the HOTEL MANAGER wi l l pa y 0.05 € for ea ch extra ema i l        [T.RS4]: Wi l l you pa y 0.05 € for ea ch extra ema i l a fter the 100 free       I     Thi s i s va l i d i f 70% of 10
              a fter the 100 free ema i l s per month                                                  ema i l s per month                                                                     i ntervi ews a gree
RS4   12



         [H.RS9]: I bel i eve the HOTEL MANAGER wi l l be a t l ea s t 20% (1 i n 5) of the            [T.RS9]: Wi l l you be a t l ea s t 20% (1 i n 5) of the ca s es i nteres ted    SRV    Thi s i s va l i d i f Googl e
         ca s es i nteres ted i n vi s i ting the Hotel ASP s i te for ma rketing, s a l es a nd       i n vi s i ting the Hotel ASP s i te for ma rketing, s a l es a nd opera tions          Ana l ytics confi rm thi s
RS9   12 opera tions i f he s ees a n Hotel ASP a dvertis ement                                        i f he s ees a n Hotel ASP a dvertis ement                                              between 1 of Aug a nd 22
                                                                                                                                                                                               of Aug




                                                                                             blog.hotelasp.com
                                                                                                          v3.0
Hypotheses Validations
                                                                                             Segments 1 and 2

       Score




                                                                                                                                                                                               Type
ID                                                Hypothesis                                                                                   Test                                                        Validation

               [H.RS10]: I bel i eve the HOTEL MANAGER wi l l regi s ter i n a t l ea s t 20% (1 i n 5)   [T.RS10]: Wi l l you regi s ter i n a t l ea s t 20% (1 i n 5) of the ca s es for    SRV    Thi s i s va l i d i f Googl e
               of the ca s es for a free a ccount i f he i s on the Hotel ASP s i te                      a free a ccount i f he i s on the Hotel ASP s i te                                          Ana l ytics confi rm thi s
RS10   12                                                                                                                                                                                             between 1 of Aug a nd 22
                                                                                                                                                                                                      of Aug

               [H.RS11]: I bel i eve the HOTEL MANAGER wi l l us e the free s ervi ce i n a t l ea s t    [T.RS11]: Wi l l you us e the free s ervi ce i n a t l ea s t 20% (1 i n 5) of       SRV    Thi s i s va l i d i f Googl e
               20% (1 i n 5) of the regi s tered a ccounts for bus i nes s a nd not tri a l purpos es     the regi s tered a ccounts for bus i nes s a nd not tri a l purpos es                       Ana l ytics confi rm thi s
RS11   12                                                                                                                                                                                             between 1 of Aug a nd 22
                                                                                                                                                                                                      of Aug

          [H.RS12]: I bel i eve the HOTEL MANAGER wi l l convert to pa i d s ervi ces i n a t             [T.RS12]: Wi l l you convert to pa i d s ervi ces i n a t l ea s t 25% (1 i n 4)     SRV    Thi s i s va l i d i f Googl e
          l ea s t 25% (1 i n 4) of the free a ccounts for us i ng the ful l fea tures of the             of the free a ccounts for us i ng the ful l fea tures of the Hotel ASP                      Ana l ytics confi rm thi s
RS12   12 Hotel ASP s ervi ce                                                                             s ervi ce                                                                                   between 1 of Aug a nd 22
                                                                                                                                                                                                      of Aug

               [H.RS13]: I bel i eve the HOTEL MANAGER wi l l s top us i ng the pa i d s ervi ces i n     [T.RS13]: Wi l l you s top us i ng the pa i d s ervi ces i n 20% of the              SRV    Thi s i s va l i d i f Googl e
               20% of the ca s es for budget or other rea s ons                                           ca s es for budget or other rea s ons                                                       Ana l ytics confi rm thi s
RS13   12                                                                                                                                                                                             between 1 of Aug a nd 22
                                                                                                                                                                                                      of Aug

          [H.CS2]: I bel i eve the HOTEL MANAGER wi l l need a s oftwa re tool for                        [T.CS2]: Wi l l you need a s oftwa re tool for ma na gi ng the                         I    Thi s i s va l i d i f 70% of 10
          ma na gi ng the ma rketing, s a l es a nd opera tions i f you a re the ma na ger of a n         ma rketing, s a l es a nd opera tions i f you a re the ma na ger of a n                     i ntervi ews a gree
CS2    10 hotel wi th l es s tha n 20 empl oyees                                                          hotel wi th l es s tha n 20 empl oyees



               [H.VP4]: I bel i eve the HOTEL MANAGER wi l l us e di rect booki ng for s el l i ng        [T.VP4]: Wi l l you us e di rect booki ng for s el l i ng rooms a nd                 I+S    Thi s i s va l i d i f 70% of 10
               rooms a nd i ncrea s e the revenue per a va i l a bl e room (RevPAR)                       i ncrea s e the revenue per a va i l a bl e room (RevPAR)                                   i ntervi ews ora nd
VP4    10                                                                                                                                                                                             s urveys a gree



               [H.VP11]: I bel i eve the HOTEL MANAGER wi l l va l ue a n free s oftwa re s ervi ce       [T.VP11]: Wi l l you va l ue a n free s oftwa re s ervi ce tha t i s l i mi ted to   I+S    Thi s i s va l i d i f 70% of 10
               tha t i s l i mi ted to 3 booki ngs , 10 docs per month a nd 100 ema i l s per month       3 booki ngs , 10 docs per month a nd 100 ema i l s per month for                            i ntervi ews ora nd
VP11   9       for eva l ua ting a nd getti ng to know better the s ervi ce                               eva l ua ting a nd getti ng to know better the s ervi ce                                    s urveys a gree




                                                                                                 blog.hotelasp.com
                                                                                                             v3.0
Hypotheses Validations
                                                                                        Segments 1 and 2

      Score




                                                                                                                                                                                         Type
ID                                             Hypothesis                                                                                 Test                                                       Validation

              [H.VP7]: I bel i eve the HOTEL MANAGER wi l l us e a n onl i ne (cl oud) cha nnel       [T.VP7]: Wi l l you us e a n onl i ne (cl oud) cha nnel ma na gement for           I+S    Thi s i s va l i d i f 70% of 10
              ma na gement for reduci ng overbooki ng ri s ks a nd cos ts , cus tomer                 reduci ng overbooki ng ri s ks a nd cos ts , cus tomer i ns a tis fa ction                i ntervi ews ora nd
VP7   9       i ns a tis fa ction a nd nega tive feedba cks                                           a nd nega tive feedba cks                                                                 s urveys a gree



              [H.VP3]: I bel i eve the HOTEL MANAGER wi l l va l ue hi s di rect cha nnel a nd us e   [T.VP3]: Wi l l you va l ue hi s di rect cha nnel a nd us e the s el f-s ervi ce   I+S    Thi s i s va l i d i f 70% of 10
              the s el f-s ervi ce hotel publ i c web s i te provi ded by the Hotel ASP for           hotel publ i c web s i te provi ded by the Hotel ASP for promoting the                    i ntervi ews ora nd
VP3   8       promoting the hotel                                                                     hotel                                                                                     s urveys a gree



              [H.VP9]: I bel i eve the HOTEL MANAGER wi l l need a conveni ent s ervi ce for          [T.VP9]: Wi l l you need a conveni ent s ervi ce for a s s uri ng mobi l i ty      I+S    Thi s i s va l i d i f 70% of 10
              a s s uri ng mobi l i ty a nd a va i l a bi l i ty from a nywhere a t a nytime          a nd a va i l a bi l i ty from a nywhere a t a nytime                                     i ntervi ews ora nd
VP9   8                                                                                                                                                                                         s urveys a gree



              [H.CH1]: I bel i eve the HOTEL MANAGER wi l l us e s ea rch engi nes for fi ndi ng      [T.CH1]: Wi l l you us e s ea rch engi nes for fi ndi ng tool s to i mprove        I+S    Thi s i s va l i d i f 70% of 10
              tool s to i mprove hotel ma rketing, hotel s a l es a nd hotel ma na gement             hotel ma rketing, hotel s a l es a nd hotel ma na gement opera tions                      i ntervi ews ora nd
CH1   6       opera tions                                                                                                                                                                       s urveys a gree



              [H.RS5]: I bel i eve the HOTEL MANAGER wi l l pa y extra 30 € per month for             [T.RS5]: Wi l l you pa y extra 30 € per month for premi um s upport by             I+S    Thi s i s va l i d i f 70% of 10
              premi um s upport by tel ephone, s kype or SMS                                          tel ephone, s kype or SMS                                                                 i ntervi ews ora nd
RS5   6                                                                                                                                                                                         s urveys a gree



              [H.RS6]: I bel i eve the HOTEL MANAGER wi l l pa y a premi um va l ue per job for       [T.RS6]: Wi l l you pa y a premi um va l ue per job for web des i gn of            I+S    Thi s i s va l i d i f 70% of 10
              web des i gn of the hotel s i te                                                        the hotel s i te                                                                          i ntervi ews ora nd
RS6   6                                                                                                                                                                                         s urveys a gree



              [H.RS7]: I bel i eve the HOTEL MANAGER wi l l pa y a premi um va l ue per job for       [T.RS7]: Wi l l you pa y a premi um va l ue per job for pres enci a l              I+S    Thi s i s va l i d i f 70% of 10
              pres enci a l l ea rni ng                                                               l ea rni ng                                                                               i ntervi ews ora nd
RS7   6                                                                                                                                                                                         s urveys a gree




                                                                                            blog.hotelasp.com
                                                                                                         v3.0
Hypotheses Validations
                                                                                                 Segments 1 and 2

       Score




                                                                                                                                                                                             Type
ID                                                 Hypothesis                                                                                     Test                                                   Validation

               [H.VP10]: I bel i eve the HOTEL MANAGER wi l l prefer to us e a s i mpl er s ervi ce           [T.VP10]: Wi l l you prefer to us e a s i mpl er s ervi ce wi th l es s        I+S    Thi s i s va l i d i f 70% of 10
               wi th l es s fea tures tha n a more compl ex s ervi ce wi th more fea tures for                fea tures tha n a more compl ex s ervi ce wi th more fea tures for                    i ntervi ews ora nd
VP10   4       ma na gi ng the hotel ma rketing, s a l es a nd opera tions                                    ma na gi ng the hotel ma rketing, s a l es a nd opera tions                           s urveys a gree



               [H.RS8]: I bel i eve the HOTEL MANAGER wi l l pa y a premi um va l ue per job for              [T.RS8]: Wi l l you pa y a premi um va l ue per job for da ta mi gra tion      I+S    Thi s i s va l i d i f 70% of 10
               da ta mi gra tion                                                                                                                                                                    i ntervi ews ora nd
RS8    4                                                                                                                                                                                            s urveys a gree



               [H.CH2]: I bel i eve the HOTEL MANAGER wi l l us e the Hotel ASP webs i te for                 [T.CH2]: Wi l l you us e the Hotel ASP webs i te for unders tandi ng           I+S    Thi s i s va l i d i f 70% of 10
               unders tandi ng a nd eva l ua te the s ervi ce a nd s i gn up for a n a ccount                 a nd eva l ua te the s ervi ce a nd s i gn up for a n a ccount                        i ntervi ews ora nd
CH2    3                                                                                                                                                                                            s urveys a gree



               [H.CH3]: I bel i eve the HOTEL MANAGER wi l l rea d Hotel ASP ema i l s                        [T.CH3]: Wi l l you rea d Hotel ASP ema i l s promotions for l oweri ng        I+S    Thi s i s va l i d i f 70% of 10
               promotions for l oweri ng cos ts rel a ted wi th the Hotel ASP s ervi ce                       cos ts rel a ted wi th the Hotel ASP s ervi ce                                        i ntervi ews ora nd
CH3    3                                                                                                                                                                                            s urveys a gree



               [H.CH4]: I bel i eve the HOTEL MANAGER wi l l na vi ga te i n hos pi tal i ty webs i tes ,     [T.CH4]: Wi l l you na vi ga te i n hos pi tal i ty webs i tes , foruns a nd   I+S    Thi s i s va l i d i f 70% of 10
               foruns a nd communi ties for fi ndi ng s peci fi c i ndus try bus i nes s content              communi ties for fi ndi ng s peci fi c i ndus try bus i nes s content                 i ntervi ews ora nd
CH4    3                                                                                                                                                                                            s urveys a gree



               [H.CH5]: I bel i eve the HOTEL MANAGER wi l l rea d hos pi tal i ty journa l s a nd            [T.CH5]: Wi l l you rea d hos pi tal i ty journa l s a nd ma ga zi nes for     I+S    Thi s i s va l i d i f 70% of 10
               ma ga zi nes for fi ndi ng s peci fi c i ndus try bus i nes s content                          fi ndi ng s peci fi c i ndus try bus i nes s content                                  i ntervi ews ora nd
CH5    3                                                                                                                                                                                            s urveys a gree



               [H.CH6]: I bel i eve the HOTEL MANAGER wi l l enga ge wi th hos pi tal i ty                    [T.CH6]: Wi l l you enga ge wi th hos pi tal i ty a s s oci a tions for        I+S    Thi s i s va l i d i f 70% of 10
               a s s oci a tions for i ndus try rel a ted networki ng a nd fi ndi ng s peci fi c i ndus try   i ndus try rel a ted networki ng a nd fi ndi ng s peci fi c i ndus try                i ntervi ews ora nd
CH6    3       bus i nes s content                                                                            bus i nes s content                                                                   s urveys a gree




                                                                                                     blog.hotelasp.com
                                                                                                                 v3.0
Hypotheses Validations
                                                                                                  Segments 1 and 2

      Score




                                                                                                                                                                                                    Type
ID                                                  Hypothesis                                                                                         Test                                                      Validation

              [H.CH7]: I bel i eve the HOTEL MANAGER wi l l us e touri s m a nd hos pi ta l i ty fa i rs          [T.CH7]: Wi l l you us e touri s m a nd hos pi ta l i ty fa i rs for promoti ng   I+S    Thi s i s va l i d i f 70% of 10
              for promoti ng the hotel offeri ng                                                                  the hotel offeri ng                                                                      i ntervi ews ora nd
CH7   3                                                                                                                                                                                                    s urveys a gree



              [H.CR4]: I bel i eve the HOTEL MANAGER wi l l rea d news l etters for knowi ng the                  [T.CR4]: Wi l l you rea d news l etters for knowi ng the l a tes t                I+S    Thi s i s va l i d i f 70% of 10
              l a tes t a va i l a bl e functi ona l i ti es , to conti nue i mprovi ng a nd ta ke the mos t of   a va i l a bl e functi ona l i ti es , to conti nue i mprovi ng a nd ta ke the           i ntervi ews ora nd
CR4   3       the s ervi ce                                                                                       mos t of the s ervi ce                                                                   s urveys a gree




                                                                                                       blog.hotelasp.com
                                                                                                                     v3.0
Panels
                    Metrics           W1                W2   W3   W4

             Tested Hypotheses         -                -    37

             Executed Interviews       -                -    4
Validation
             Answered Surveys          -                -    1
  Panel
             Validated Hypotheses      -                -    -

             Invalid Hypotheses        -                -    -

             Executed Pivots           -                -    -



                    Metrics           W1                W2   W3   W4

             Aquisition                -                -    87

 Results     Activation                -                -    5
  Panel      Retention                 -                -    -

             Recommendation            -                -    -

             Revenue                   -                -    -

                                    blog.hotelasp.com                  18
                                           v3.0
Tasks Done


• Value curves;
• Interviews script;
• Survey script.




                        blog.hotelasp.com   19
                               v3.0
Lessons Learned


• Be prepared to leave and abandon invalid hypothesis even if you have
  dedicated a lot of effort. Sometimes is hard to decide but "no customers
  no business".

• If your customer are not willing to validate the hypothesis then you need
  to quit the hypothesis. This effort is already a sunken cost.




                                 blog.hotelasp.com                            20
                                        v3.0
Next Steps



• Execute at least 10 interviews;
• Obtain at least 100 answered surveys.




                               blog.hotelasp.com   21
                                      v3.0

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Lessons Learned from Summer of Startups Self-Service Hotel Marketing Tool

  • 1. SUMMER OF STARTUPS Lessons Learned nº 3 (Nº 29 – HotelASP.com) Email: fabricadestartups@gmail.com www.fabricadestartups.com
  • 2. Direitos de Autor • A metodologia FastStart e a organização do Bootcamp do Summer of Startups é da responsabilidade da Fábrica de Startups S.A. detendo esta empresa todos os direitos de autor e de propriedade intelectual. blog.hotelasp.com 1 v3.0
  • 3. Team Members Marketing TBA Digital Marketing, & Sales Hotel Marketing, Sales and Support Miguel Ribeiro Hotel Operations Operations http://www.linkedin.com/profile/view?id=1401522 TBA Design Web Design, Software Usability, Brand, Communication, Sales and Support Miguel Ribeiro IT IT, Sales and Support blog.hotelasp.com 2 v3.0
  • 4. Business Idea Self-service hotel digital marketing integrated with real time hotel sales and operations Sales Operations Marketing Guest • The HotelASP is a service to improve the marketing, sales and operations of small hotels and establishments offering accommodation or lodging. • It offers a one stop shop to the accommodation or lodging manager that need: – Marketing : Web site SEO friendly, AdWords Campaigns, Email campaigns; – Sales : Direct booking, discount engine; – Operations : Property management or channel management. • It’s self-service, integrated, convenient, fast, simple and affordable. blog.hotelasp.com 3 v3.0
  • 5. Business Idea Empowering the hotel direct channel Customers Hotel Digital Marketing Direct Booking Direct Channel Channel Management Hotel Operations blog.hotelasp.com 4 v3.0
  • 6. Value Curves Empowering the hotel direct channel 7 6 5 4 3 2 1 0 Hotel Operations Hotel Sales Hotel Marketing Other HotelASP Competition blog.hotelasp.com 5 v3.0
  • 7. Business Model HotelASP MR v1.1 Communication, Brand & Design Agency Tela do Modelo de Negócio Digital Marketing Provide self-service hotel digital marketing integrated with real time Self-Service & Automated Services S1 – Micro Hotel Managers hotel sales and operations. All in one CR1 ≤ 4 Employees Design & Usability IT Cloud Ready place. Learning “How to Configure & Use” Booking hubs Sales CRM using Videos, Manuals & FAQs CS1 Offer ONE-STOP-SHOP TOOL for the CR2 Channel management Support CRM property manager that includes: Support by MARKETING VP1 1. Videos, Manuals & FAQs S2 – Small Hotel partner providers #1 – AdWords Campaigns VP2 2. Community, Forums and Social Networks Managers #2 – Email Campaigns 3. Email and Chat Cloud Software Platform < 20 Employees #3 – Hotel Web site (SEO Ready) VP3 4. Premium Support Services Payment provider Development SALES IT Cloud Ready (PayPal) VP4 CR3 #4- Direct booking CS2 #5- Discounts Engine VP5 News letters OPERATIONS CR4 #6 - Property Management System VP6 Local Partners – #7 - Channel management VP7 For presencial or very Country Markets customizable services (e.g. Web Integrated (7 tools in 1) Search Engines with strong tourism Team industry, IT & design, data migration, etc) Make the life of the hotel manager simpler and Keyword Matching happier. More free time. Less risk. Simplify the use CH1 T&H communication of technology (Tourism & Hospitality ) infrastructure, IT cloud Cloud Platform VP8 Journals & readiness, english or Convenient Website CH2 Magazines portuguese spoken. Self-service from anywhere at anytime. CH5 Hosting VP9 No maintenance. #1 – Portugal Email Campaigns T&H #2 – United States Designed (to be Simple and Fast) #3 – Brazil Designed for the “no-time to waste” and multi- CH3 Associations #4 – United Kingdom tasker property manager #5 – Australia VP10 T&H CH6 #6 – Rest of the World Websites, Foruns & Affordable Communities T&H Free services and premium services with flexible Fairs (fixed and variable) pricing based on pay per usage CH4 CH7 VP11 RS9 Market  Acquisition = 20% RS10 Acquisition  Activation = 20% Hosting Software Services (Direct Revenue) Support Services RS11 Activation  Retention = 20% Team Salaries Fixed Pricing Direct Revenue RS1 70 € per Month #1 – Support by Telephone, Skype, SMS RS5 (fixed fee per year) RS12 Retention  Revenue = 25% Variable Pricing (Pay per Usage) RS13 Digital Office rent & Local IT RS2 #1 – Extra Direct Booking Commission (1% of booking) Indirect Revenue (By Local Partners) Churn Rate of 20% (1 in 5) Marketing infrastructure RS3 #2 – Extra Accounting Documents (0.2 € per doc.) RS6 #2 – Web Design (blog.hotelasp.com) (0.05 € per doc.) RS4 #3 – Extra Emails #3 – Presencial Formation RS7 #4 – Data Migration 6 RS8 blog.hotelasp.com v3.0
  • 8. Market Size World Market S1 225.477 Micro Property Managers ≤ 4 Employees 504.345 IT Cloud Ready Micro & Small Hotels S2 278.869 Small Property Managers < 20 Employees (less than 20 employees) Market Size HotelASP Nº of Hotels Nº of Hotels 68% 78% 20% 1 in 5 1 in 5 1 in 4 643.903 504.345 Acquired Activated Retained Revenue 940.203 Micro & Small IT Cloud Ready Hotels Hotels 100.869 20.174 4.035 1.009 M&S Hotels (< 20 emp.) 100% 68% 54% 10.7% 2.1% 0.4% 0.1% blog.hotelasp.com 7 v3.0
  • 9. Customers – Segment #1 (Micro Hotel) MR v1.0 Micro Hotel Manager The world changes are creating uncertainty. There is more business risk. (≤ 4 Employees) Worried about the overbooking but is manageable. Sometimes anxious of not having money to pay for the fixed costs (taxes, He struggles with internet He needs to sell in several places (internet booking utilities, fixed salaries, etc) but it’s manageable. Doesn't owe money to the bank. marketing. Too many, expensive sites) the same room for the same day. Lack of control in selling the room and complicated tools. inventory. No contracts. No guarantees. Worried about guest feedback Competition is using the Family. The owner and Most is sold via internet, over which he has Family managed and owned. in the internet. It’s difficult to internet to sell rooms manager family also uses very little or no control He typically owns the property. control and can greatly impact the internet to search, Difficulties and frustration in using web based technologies. future business. Competition is using book and complain. Too complicated but has some free time to spend. the internet for hotel marketing purposes There is a lot of hotel management software Guests. He hears what Competition. He sometimes tools offerings. What World economic crisis. the guests write about checks the internet to see to choose ? By cost, by People travel less and are the hotel in the what the competition is type, by credibility, ... more conscious with costs. internet. offering, mainly pricing and Taxes are increasing. promotions There are a lot of cheap hotel Business risk is increasing. software tools in the internet. More uncertainty Tourism and hospitality associations. He gives credibility to their recommendations What are credible ? Guests search, book and complain in the Internet Tourism regulation. He follows He still uses pencil and paper to manage the hotel but he is Internet is omnipresent and the laws and regulation starting using the internet for marketing and selling is in the business to stay He has more freedom in Guests are more cost He is starting or using the internet to sell his room inventory but spending money sensitive. They have doesn’t know very well how to do digital marketing for his hotel more information to Asks his family to help with the help in their choices internet. He doesn’t know how to do digital marketing for his hotel Extra costs derived from overbookings It’s very hard to do internet Increase revenue per Increase guest satisfaction marketing and selling. Too avalilable room (RevPar) Too much uncertainty and anxiety. Not having money many unfriendly, expensive More free time to pay the fixed costs. Empty house. Too much room and complicated tools Increase occupaction Increase guest recurrence and inventory and no options of how to sell them. rate fidelization Frustated using internet Less risk and Afraid of unfair bad feedback consequences and technologies. Too headaches inability to answer back and defend the hotel position Reduce negative feedback Reduce operating costs complicated blog.hotelasp.com 8 v3.0
  • 10. Customers – Segment #1 (Micro Hotel) Doesn’t want to waste Profile time in technology. Extrovert. People Woman, married, 55 years old, with grandchildren and a Oriented Self made woman standard or vocational college degree. It's a self-made woman, an hands-on person that values autonomy and Urban. Live in or 50 – 60 years old near the cities freedom. Married with Live in or near the Children She is extrovert and enjoys talking to people and share Hotel experiences. Vocational college Yearly net income degree She is a multi-tasker, in the same day she can be a more than 50.000 receptionist, a restaurant clerk, a bar clerk, a room cleaner Multi-Tasker & USD Hands-On clerk or even a maintenance clerk. Owner and Speaks at least 2 She is not used to technology but she is learning, in particular manager of a small languages (inc. she is using the internet to market and sell the hotel rooms. Property English) She earns enough to have a good living and she doesn´t worry to much about having an empty house. She prefer to Manages family business. Not technology savvy. Uses have an empty house than a house full of bad customers. Employ their Family the Internet but not regularly Personal Objectives Day to Day Life Learn and share with people from different cultures and 6.30am - Wake up countries. The hotel is kind of a reflex of her personality. She 7am – 8am - Prepare the breakfast likes when her guests enjoy her hotel. 8am – 10am - Delivers the breakfast and talk with guests 10am – 11am - Room cleaning 11am – 1pm - Check Ins & Check Outs Professional Objectives 1pm – 3pm - Room cleaning 3pm – 5pm - Manages bookings. Checks the internet, Average occupancy rate. Happy and satisfied customers. emails and faxes Fidelization and recurrent guests. Make enough money to 5pm – 6pm – Maintenance issues maintain the hotel open and working. 6pm – 11pm – Reception, bar and talk with guests blog.hotelasp.com 9 v3.0
  • 11. Customers – Segment #2 (Small Hotel) MR v1.0 Small Hotel Manager The world changes are creating uncertainty. There is more business (5-19 Employees) Very worried about the overbooking. It’s hard to manage. risk. Very anxious of not having money to pay for the fixed costs (bank He spends a lot of effort and He needs to sell in several places (internet booking sites) loan fees, taxes, utilities, fixed salaries, etc) money in internet marketing. the same room for the same day. Sometimes he needs to Lack of control in selling the room inventory. No sell in more than 10 different places. Family owned. Family owes the bank Competition is using the contracts. No guarantees. Most is sold via internet, money. Usually the family does not Worried about guest feedback over which he has very little or no control in the internet. It’s difficult to internet to sell rooms manage directly the hotel Owners Family. The control and can greatly impact Very occupied. He has no free time to spend. He doesn’t like to have Competition is using the owners have a close future business. to deal with several tools. He likes integration, control and less risk internet for hotel relationship with the hotel manager. marketing purposes There is a lot of hotel Competition. He usually management software Manager Family. His checks the internet to tools offerings. What World economic crisis. family also uses the see what the to choose ? By cost, by People are more conscious internet to search, book competition is offering, type, by credibility, ... with costs. Taxes are and complain. mainly pricing and promotions increasing. Business risk is It’s dificult to find a one increasing. More uncertainty Guests. He hears what the guests write stop shop tool with all about the hotel in the internet. the marketing, sales and Guests search, book and complain in operation tools he needs Tourism and hospitality associations. He gives the Internet some credibility to their recommendations He uses a computer to manage the hotel and he uses Internet is omnipresent and frequently the internet for marketing and selling is in the business to stay He is more careful in Tourism regulation. justifying the He follows the laws He is using the internet to sell his room inventory but it’s Guests are more cost spending of money. and regulation hard to do digital marketing in a efficient manner sensitive. They have He has some web technologies more information to He has some know how to do digital marketing for his hotel but he has no time and know how and skills (html, web help in their choices he has limited budget for paying this kind of services to third parties tools, etc) Extra costs derived from overbookings Increase revenue per It’s hard to do internet Increase guest satisfaction avalilable room (RevPar) Too much uncertainty and anxiety. Not having money to marketing and selling. More free time pay the bank or other fixed costs. Empty house. Too much Too many unfriendly, Increase occupation rate Increase guest recurrence and room inventory and no options of how to sell them. expensive and fidelization complicated tools Less risk and Afraid of unfair bad feedback consequences and headaches inability to answer back and defend the hotel position Reduce negative feedback Reduce operating costs blog.hotelasp.com 10 v3.0
  • 12. Customers – Segment #2 (Small Hotel) Doesn’t want to waste Profile time in technology. Extrovert. People Man, married, 45 years old, with children and a tourism Oriented Self made man related vocational college degree. It's an hands-on person that values efficiency and is result oriented. Urban. Live in or 40 – 50 years old near the cities He is extrovert and enjoys talking to people and share Married with Children experiences. Live near the Hotel Vocational college He is a multi-tasker, in the same day he can be a Yearly net income degree receptionist, a restaurant clerk, a bar clerk, a room cleaner less than 75.000 clerk or even a maintenance clerk. Multi-Tasker & USD Hands-On He is used to technology, in particular he is using the Manager of a Speaks at least 2 internet to market and sell the hotel rooms. small Property languages (inc. English) He earns enough to have a decent living but he worries about having an empty house. He is paid to increase the occupancy rates of the hotel and is salary depends on his Not technology savvy. Uses professional performance. Manages family business. the Internet but not regularly Personal Objectives Day to Day Life Increase the salary and commissions. Learn and share with 6.30am - Wake up people from different cultures and countries. 7am – 8am - Manages the breakfast service 8am – 10am - Talk with guests 10am – 11am - Supervises the room operations 11am – 1pm - Manages the check ins and check outs Professional Objectives 1pm – 3pm - Supervises the room operations 3pm – 5pm - Manages bookings. Checks the internet, High occupancy rates. Full house. Happy and satisfied emails and faxes customers. Fidelization and recurrent guests. Not having 5pm – 6pm – Manages the maintenance issues negative feedbacks. 6pm – 11pm – Manages the reception, bar and talk with guests blog.hotelasp.com 11 v3.0
  • 13. Hypotheses Validations Segments 1 and 2 Score Type ID Hypothesis Test Validation [H.VP1]: I bel i eve the HOTEL MANAGER wi l l va l ue hi s di rect cha nnel the [T.VP1]: Wi l l you va l ue hi s di rect cha nnel the s a me ha s the other I+S Thi s i s va l i d i f 70% of 10 s a me ha s the other onl i ne cha nnel s a nd us e s el f-s ervi ce a dvertis ement onl i ne cha nnel s a nd us e s el f-s ervi ce a dvertis ement ca mpa i gns i ntervi ews ora nd VP1 20 ca mpa i gns (vi a AdWords ) for a cqui ri ng new cus tomers , promote room s a l es , (vi a AdWords ) for a cqui ri ng new cus tomers , promote room s a l es , s urveys a gree reduce promotion cos t per room a nd i ncrea s e revenue per a va i l a bl e room reduce promotion cos t per room a nd i ncrea s e revenue per (RevPAR) a va i l a bl e room (RevPAR) [H.CR1]: I bel i eve the HOTEL MANAGER wi l l us e s el f-s ervi ce onl i ne (cl oud) [T.CR1]: Wi l l you us e s el f-s ervi ce onl i ne (cl oud) s oftwa re s ervi ces I+S Thi s i s va l i d i f 70% of 10 s oftwa re s ervi ces for reduci ng hotel ma rketing, s a l es a nd opera tion cos ts , for reduci ng hotel ma rketing, s a l es a nd opera tion cos ts , i ntervi ews ora nd CR1 20 i ncrea s e s a l es a nd be more effi ci ent i n res ource pl a nni ng a nd us a ge i ncrea s e s a l es a nd be more effi ci ent i n res ource pl a nni ng a nd s urveys a gree us a ge [H.VP6]: I bel i eve the HOTEL MANAGER wi l l us e a n onl i ne (cl oud) property [T.VP6]: Wi l l you us e a n onl i ne (cl oud) property ma na gement I+S Thi s i s va l i d i f 70% of 10 ma na gement s oftwa re for ma na gi ng the hotel ma rketing, s a l es a nd s oftwa re for ma na gi ng the hotel ma rketing, s a l es a nd i ntervi ews ora nd VP6 20 opera tions opera tions s urveys a gree [H.VP2]: I bel i eve the HOTEL MANAGER wi l l va l ue hi s di rect cha nnel the [T.VP2]: Wi l l you va l ue hi s di rect cha nnel the s a me or more tha n I+S Thi s i s va l i d i f 70% of 10 s a me or more tha n the other onl i ne cha nnel s a nd us e s el f-s ervi ce ema i l the other onl i ne cha nnel s a nd us e s el f-s ervi ce ema i l ca mpa i gns i ntervi ews ora nd VP2 16 ca mpa i gns for retai ni ng gues ts , reduce churn ra te, i ncrea s e cus tomer for retai ni ng gues ts , reduce churn ra te, i ncrea s e cus tomer s urveys a gree s a tis fa ction, promote room s a l es , reduce promotion cos t per room a nd s a tis fa ction, promote room s a l es , reduce promotion cos t per i ncrea s e the revenue per a va i l a bl e room (RevPAR) room a nd i ncrea s e the revenue per a va i l a bl e room (RevPAR) [H.CR2]: I bel i eve the HOTEL MANAGER wi l l vi ew "how to us e" YouTube [T.CR2]: Wi l l you vi ew "how to us e" YouTube vi deos for l ea rni ng I+S Thi s i s va l i d i f 70% of 10 vi deos for l ea rni ng a nd confi guri ng how to us e the s oftwa re s ervi ce wi thout a nd confi guri ng how to us e the s oftwa re s ervi ce wi thout a ny i ntervi ews ora nd CR2 16 a ny pres enci a l s upport pres enci a l s upport s urveys a gree [H.CR3]: I bel i eve the HOTEL MANAGER wi l l us e non pres enci a l or s el f- [T.CR3]: Wi l l you us e non pres enci a l or s el f-s ervi ce s upport for I+S Thi s i s va l i d i f 70% of 10 s ervi ce s upport for fi xi ng probl ems tha t coul d occur from the us a ge of the fi xi ng probl ems tha t coul d occur from the us a ge of the s oftwa re i ntervi ews ora nd CR3 16 s oftwa re s urveys a gree [H.RS1]: I bel i eve the HOTEL MANAGER wi l l pa y a fi xed pri ci ng of 70 € per [T.RS1]: Wi l l you pa y a fi xed pri ci ng of 70 € per month for us i ng a l l I Thi s i s va l i d i f 70% of 10 month for us i ng a l l the Hotel ASP s ervi ces wi thout a ny l i mi tations the Hotel ASP s ervi ces wi thout a ny l i mi tations i ntervi ews a gree RS1 15 blog.hotelasp.com v3.0
  • 14. Hypotheses Validations Segments 1 and 2 Score Type ID Hypothesis Test Validation [H.RS2]: I bel i eve the HOTEL MANAGER wi l l pa y a 1% commi s s i on for ea ch [T.RS2]: Wi l l you pa y a 1% commi s s i on for ea ch extra di rect I Thi s i s va l i d i f 70% of 10 extra di rect booki ng a fter 3 free booki ngs per month booki ng a fter 3 free booki ngs per month i ntervi ews a gree RS2 15 [H.CS1]: I bel i eve the HOTEL MANAGER wi l l need a s oftwa re tool for [T.CS1]: Wi l l you need a s oftwa re tool for ma na gi ng the I Thi s i s va l i d i f 70% of 10 ma na gi ng the ma rketing, s a l es a nd opera tions i f you a re the ma na ger of a n ma rketing, s a l es a nd opera tions i f you a re the ma na ger of a n i ntervi ews a gree CS1 15 hotel wi th l es s tha n 4 empl oyees hotel wi th l es s tha n 4 empl oyees [H.VP5]: I bel i eve the HOTEL MANAGER wi l l us e di s count ca mpa i gns for [T.VP5]: Wi l l you us e di s count ca mpa i gns for i ncrea s i ng cus tomer I+S Thi s i s va l i d i f 70% of 10 i ncrea s i ng cus tomer retention a nd fi del i za tion a nd i ncrea s e occupa tion retention a nd fi del i za tion a nd i ncrea s e occupa tion ra te i ntervi ews ora nd VP5 12 ra te s urveys a gree [H.VP8]: I bel i eve the HOTEL MANAGER wi l l va l ue a n i ntegra ted one s top [T.VP8]: Wi l l you va l ue a n i ntegra ted one s top s hop s ervi ce for I+S Thi s i s va l i d i f 70% of 10 s hop s ervi ce for reduci ng cos ts from ma nua l a ctivi ties , reduce bus i nes s ri s k reduci ng cos ts from ma nua l a ctivi ties , reduce bus i nes s ri s k a nd i ntervi ews ora nd VP8 12 a nd rel ea s i ng more free time to the da y to da y cus tomer rel a tions hi p rel ea s i ng more free time to the da y to da y cus tomer rel a tions hi p s urveys a gree [H.RS3]: I bel i eve the HOTEL MANAGER wi l l pa y 0.2 € for ea ch extra i nvoi ce or [T.RS3]: Wi l l you pa y 0.2 € for ea ch extra i nvoi ce or recei pt I Thi s i s va l i d i f 70% of 10 recei pt document a fter the 10 free documents per month document a fter the 10 free documents per month i ntervi ews a gree RS3 12 [H.RS4]: I bel i eve the HOTEL MANAGER wi l l pa y 0.05 € for ea ch extra ema i l [T.RS4]: Wi l l you pa y 0.05 € for ea ch extra ema i l a fter the 100 free I Thi s i s va l i d i f 70% of 10 a fter the 100 free ema i l s per month ema i l s per month i ntervi ews a gree RS4 12 [H.RS9]: I bel i eve the HOTEL MANAGER wi l l be a t l ea s t 20% (1 i n 5) of the [T.RS9]: Wi l l you be a t l ea s t 20% (1 i n 5) of the ca s es i nteres ted SRV Thi s i s va l i d i f Googl e ca s es i nteres ted i n vi s i ting the Hotel ASP s i te for ma rketing, s a l es a nd i n vi s i ting the Hotel ASP s i te for ma rketing, s a l es a nd opera tions Ana l ytics confi rm thi s RS9 12 opera tions i f he s ees a n Hotel ASP a dvertis ement i f he s ees a n Hotel ASP a dvertis ement between 1 of Aug a nd 22 of Aug blog.hotelasp.com v3.0
  • 15. Hypotheses Validations Segments 1 and 2 Score Type ID Hypothesis Test Validation [H.RS10]: I bel i eve the HOTEL MANAGER wi l l regi s ter i n a t l ea s t 20% (1 i n 5) [T.RS10]: Wi l l you regi s ter i n a t l ea s t 20% (1 i n 5) of the ca s es for SRV Thi s i s va l i d i f Googl e of the ca s es for a free a ccount i f he i s on the Hotel ASP s i te a free a ccount i f he i s on the Hotel ASP s i te Ana l ytics confi rm thi s RS10 12 between 1 of Aug a nd 22 of Aug [H.RS11]: I bel i eve the HOTEL MANAGER wi l l us e the free s ervi ce i n a t l ea s t [T.RS11]: Wi l l you us e the free s ervi ce i n a t l ea s t 20% (1 i n 5) of SRV Thi s i s va l i d i f Googl e 20% (1 i n 5) of the regi s tered a ccounts for bus i nes s a nd not tri a l purpos es the regi s tered a ccounts for bus i nes s a nd not tri a l purpos es Ana l ytics confi rm thi s RS11 12 between 1 of Aug a nd 22 of Aug [H.RS12]: I bel i eve the HOTEL MANAGER wi l l convert to pa i d s ervi ces i n a t [T.RS12]: Wi l l you convert to pa i d s ervi ces i n a t l ea s t 25% (1 i n 4) SRV Thi s i s va l i d i f Googl e l ea s t 25% (1 i n 4) of the free a ccounts for us i ng the ful l fea tures of the of the free a ccounts for us i ng the ful l fea tures of the Hotel ASP Ana l ytics confi rm thi s RS12 12 Hotel ASP s ervi ce s ervi ce between 1 of Aug a nd 22 of Aug [H.RS13]: I bel i eve the HOTEL MANAGER wi l l s top us i ng the pa i d s ervi ces i n [T.RS13]: Wi l l you s top us i ng the pa i d s ervi ces i n 20% of the SRV Thi s i s va l i d i f Googl e 20% of the ca s es for budget or other rea s ons ca s es for budget or other rea s ons Ana l ytics confi rm thi s RS13 12 between 1 of Aug a nd 22 of Aug [H.CS2]: I bel i eve the HOTEL MANAGER wi l l need a s oftwa re tool for [T.CS2]: Wi l l you need a s oftwa re tool for ma na gi ng the I Thi s i s va l i d i f 70% of 10 ma na gi ng the ma rketing, s a l es a nd opera tions i f you a re the ma na ger of a n ma rketing, s a l es a nd opera tions i f you a re the ma na ger of a n i ntervi ews a gree CS2 10 hotel wi th l es s tha n 20 empl oyees hotel wi th l es s tha n 20 empl oyees [H.VP4]: I bel i eve the HOTEL MANAGER wi l l us e di rect booki ng for s el l i ng [T.VP4]: Wi l l you us e di rect booki ng for s el l i ng rooms a nd I+S Thi s i s va l i d i f 70% of 10 rooms a nd i ncrea s e the revenue per a va i l a bl e room (RevPAR) i ncrea s e the revenue per a va i l a bl e room (RevPAR) i ntervi ews ora nd VP4 10 s urveys a gree [H.VP11]: I bel i eve the HOTEL MANAGER wi l l va l ue a n free s oftwa re s ervi ce [T.VP11]: Wi l l you va l ue a n free s oftwa re s ervi ce tha t i s l i mi ted to I+S Thi s i s va l i d i f 70% of 10 tha t i s l i mi ted to 3 booki ngs , 10 docs per month a nd 100 ema i l s per month 3 booki ngs , 10 docs per month a nd 100 ema i l s per month for i ntervi ews ora nd VP11 9 for eva l ua ting a nd getti ng to know better the s ervi ce eva l ua ting a nd getti ng to know better the s ervi ce s urveys a gree blog.hotelasp.com v3.0
  • 16. Hypotheses Validations Segments 1 and 2 Score Type ID Hypothesis Test Validation [H.VP7]: I bel i eve the HOTEL MANAGER wi l l us e a n onl i ne (cl oud) cha nnel [T.VP7]: Wi l l you us e a n onl i ne (cl oud) cha nnel ma na gement for I+S Thi s i s va l i d i f 70% of 10 ma na gement for reduci ng overbooki ng ri s ks a nd cos ts , cus tomer reduci ng overbooki ng ri s ks a nd cos ts , cus tomer i ns a tis fa ction i ntervi ews ora nd VP7 9 i ns a tis fa ction a nd nega tive feedba cks a nd nega tive feedba cks s urveys a gree [H.VP3]: I bel i eve the HOTEL MANAGER wi l l va l ue hi s di rect cha nnel a nd us e [T.VP3]: Wi l l you va l ue hi s di rect cha nnel a nd us e the s el f-s ervi ce I+S Thi s i s va l i d i f 70% of 10 the s el f-s ervi ce hotel publ i c web s i te provi ded by the Hotel ASP for hotel publ i c web s i te provi ded by the Hotel ASP for promoting the i ntervi ews ora nd VP3 8 promoting the hotel hotel s urveys a gree [H.VP9]: I bel i eve the HOTEL MANAGER wi l l need a conveni ent s ervi ce for [T.VP9]: Wi l l you need a conveni ent s ervi ce for a s s uri ng mobi l i ty I+S Thi s i s va l i d i f 70% of 10 a s s uri ng mobi l i ty a nd a va i l a bi l i ty from a nywhere a t a nytime a nd a va i l a bi l i ty from a nywhere a t a nytime i ntervi ews ora nd VP9 8 s urveys a gree [H.CH1]: I bel i eve the HOTEL MANAGER wi l l us e s ea rch engi nes for fi ndi ng [T.CH1]: Wi l l you us e s ea rch engi nes for fi ndi ng tool s to i mprove I+S Thi s i s va l i d i f 70% of 10 tool s to i mprove hotel ma rketing, hotel s a l es a nd hotel ma na gement hotel ma rketing, hotel s a l es a nd hotel ma na gement opera tions i ntervi ews ora nd CH1 6 opera tions s urveys a gree [H.RS5]: I bel i eve the HOTEL MANAGER wi l l pa y extra 30 € per month for [T.RS5]: Wi l l you pa y extra 30 € per month for premi um s upport by I+S Thi s i s va l i d i f 70% of 10 premi um s upport by tel ephone, s kype or SMS tel ephone, s kype or SMS i ntervi ews ora nd RS5 6 s urveys a gree [H.RS6]: I bel i eve the HOTEL MANAGER wi l l pa y a premi um va l ue per job for [T.RS6]: Wi l l you pa y a premi um va l ue per job for web des i gn of I+S Thi s i s va l i d i f 70% of 10 web des i gn of the hotel s i te the hotel s i te i ntervi ews ora nd RS6 6 s urveys a gree [H.RS7]: I bel i eve the HOTEL MANAGER wi l l pa y a premi um va l ue per job for [T.RS7]: Wi l l you pa y a premi um va l ue per job for pres enci a l I+S Thi s i s va l i d i f 70% of 10 pres enci a l l ea rni ng l ea rni ng i ntervi ews ora nd RS7 6 s urveys a gree blog.hotelasp.com v3.0
  • 17. Hypotheses Validations Segments 1 and 2 Score Type ID Hypothesis Test Validation [H.VP10]: I bel i eve the HOTEL MANAGER wi l l prefer to us e a s i mpl er s ervi ce [T.VP10]: Wi l l you prefer to us e a s i mpl er s ervi ce wi th l es s I+S Thi s i s va l i d i f 70% of 10 wi th l es s fea tures tha n a more compl ex s ervi ce wi th more fea tures for fea tures tha n a more compl ex s ervi ce wi th more fea tures for i ntervi ews ora nd VP10 4 ma na gi ng the hotel ma rketing, s a l es a nd opera tions ma na gi ng the hotel ma rketing, s a l es a nd opera tions s urveys a gree [H.RS8]: I bel i eve the HOTEL MANAGER wi l l pa y a premi um va l ue per job for [T.RS8]: Wi l l you pa y a premi um va l ue per job for da ta mi gra tion I+S Thi s i s va l i d i f 70% of 10 da ta mi gra tion i ntervi ews ora nd RS8 4 s urveys a gree [H.CH2]: I bel i eve the HOTEL MANAGER wi l l us e the Hotel ASP webs i te for [T.CH2]: Wi l l you us e the Hotel ASP webs i te for unders tandi ng I+S Thi s i s va l i d i f 70% of 10 unders tandi ng a nd eva l ua te the s ervi ce a nd s i gn up for a n a ccount a nd eva l ua te the s ervi ce a nd s i gn up for a n a ccount i ntervi ews ora nd CH2 3 s urveys a gree [H.CH3]: I bel i eve the HOTEL MANAGER wi l l rea d Hotel ASP ema i l s [T.CH3]: Wi l l you rea d Hotel ASP ema i l s promotions for l oweri ng I+S Thi s i s va l i d i f 70% of 10 promotions for l oweri ng cos ts rel a ted wi th the Hotel ASP s ervi ce cos ts rel a ted wi th the Hotel ASP s ervi ce i ntervi ews ora nd CH3 3 s urveys a gree [H.CH4]: I bel i eve the HOTEL MANAGER wi l l na vi ga te i n hos pi tal i ty webs i tes , [T.CH4]: Wi l l you na vi ga te i n hos pi tal i ty webs i tes , foruns a nd I+S Thi s i s va l i d i f 70% of 10 foruns a nd communi ties for fi ndi ng s peci fi c i ndus try bus i nes s content communi ties for fi ndi ng s peci fi c i ndus try bus i nes s content i ntervi ews ora nd CH4 3 s urveys a gree [H.CH5]: I bel i eve the HOTEL MANAGER wi l l rea d hos pi tal i ty journa l s a nd [T.CH5]: Wi l l you rea d hos pi tal i ty journa l s a nd ma ga zi nes for I+S Thi s i s va l i d i f 70% of 10 ma ga zi nes for fi ndi ng s peci fi c i ndus try bus i nes s content fi ndi ng s peci fi c i ndus try bus i nes s content i ntervi ews ora nd CH5 3 s urveys a gree [H.CH6]: I bel i eve the HOTEL MANAGER wi l l enga ge wi th hos pi tal i ty [T.CH6]: Wi l l you enga ge wi th hos pi tal i ty a s s oci a tions for I+S Thi s i s va l i d i f 70% of 10 a s s oci a tions for i ndus try rel a ted networki ng a nd fi ndi ng s peci fi c i ndus try i ndus try rel a ted networki ng a nd fi ndi ng s peci fi c i ndus try i ntervi ews ora nd CH6 3 bus i nes s content bus i nes s content s urveys a gree blog.hotelasp.com v3.0
  • 18. Hypotheses Validations Segments 1 and 2 Score Type ID Hypothesis Test Validation [H.CH7]: I bel i eve the HOTEL MANAGER wi l l us e touri s m a nd hos pi ta l i ty fa i rs [T.CH7]: Wi l l you us e touri s m a nd hos pi ta l i ty fa i rs for promoti ng I+S Thi s i s va l i d i f 70% of 10 for promoti ng the hotel offeri ng the hotel offeri ng i ntervi ews ora nd CH7 3 s urveys a gree [H.CR4]: I bel i eve the HOTEL MANAGER wi l l rea d news l etters for knowi ng the [T.CR4]: Wi l l you rea d news l etters for knowi ng the l a tes t I+S Thi s i s va l i d i f 70% of 10 l a tes t a va i l a bl e functi ona l i ti es , to conti nue i mprovi ng a nd ta ke the mos t of a va i l a bl e functi ona l i ti es , to conti nue i mprovi ng a nd ta ke the i ntervi ews ora nd CR4 3 the s ervi ce mos t of the s ervi ce s urveys a gree blog.hotelasp.com v3.0
  • 19. Panels Metrics W1 W2 W3 W4 Tested Hypotheses - - 37 Executed Interviews - - 4 Validation Answered Surveys - - 1 Panel Validated Hypotheses - - - Invalid Hypotheses - - - Executed Pivots - - - Metrics W1 W2 W3 W4 Aquisition - - 87 Results Activation - - 5 Panel Retention - - - Recommendation - - - Revenue - - - blog.hotelasp.com 18 v3.0
  • 20. Tasks Done • Value curves; • Interviews script; • Survey script. blog.hotelasp.com 19 v3.0
  • 21. Lessons Learned • Be prepared to leave and abandon invalid hypothesis even if you have dedicated a lot of effort. Sometimes is hard to decide but "no customers no business". • If your customer are not willing to validate the hypothesis then you need to quit the hypothesis. This effort is already a sunken cost. blog.hotelasp.com 20 v3.0
  • 22. Next Steps • Execute at least 10 interviews; • Obtain at least 100 answered surveys. blog.hotelasp.com 21 v3.0