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What we’ve learned from tracking more than 280M online bookings

05/17/2019| 10:42:30 AM| 中文

A combination of great user experience, useful content and timely and effective messaging can help to both reduce abandonment and recover bookings which may have been lost.

Behavioral marketing company SaleCycle works with more than 90 of the world’s biggest and best-known travel companies.

Over the past year, we have tracked more than 280 million online bookings and abandonments from their airline and travel clients.

The company has now published the trends and tips to increase online conversion in its latest data report, Understanding Airline & Travel Booking Trends.

Booking abandonment occurs when visitors select flights or hotels but leave the site before completing checkout.

It has long been an issue for travel websites, with this sector having some of the highest abandonment rates. 

The average cart abandonment rate across all the sectors tracked by SaleCycle is 76.9%, but travel is higher than this, at 81.31%, while airline abandonment rates even higher (87.87%).

People abandon travel bookings for a variety of reasons, which we’ll explore later, but one big factor behind these higher abandonment rates in travel is simply that travel bookings are more complicated than the average online purchase. 

This is because travel bookings often require more effort and information from customers than if they were buying a pair of jeans on a fashion retailer's site. 

Airline bookings in particular can be more complicated, which explains the higher abandonment rates for these sites. Flight bookings require people to add details like passport numbers, the names and ages of travelers, and to choose options like extra baggage and in-flight meals, all of which add to the time and effort required. 

Why people abandon travel bookings

Our own consumer survey data found some of the most common reasons for abandoning travel bookings. 

There is no such thing as a typical travel research process, and it will vary according to the type of travel product, as well as factors like price and the amount of time before people travel.

Travel purchases can be the most significant and expensive of the year for some bookers, so they will take more consideration than the average online purchase for many. Indeed, Tripadvisor found that 80% of travel research takes longer than four weeks to complete.

As the survey data shows, travelers want to take time to check out the various options available, check they’re getting the best deal by trying out a few sites, as well as discussing options with other travelers. 

To do this often means visiting a number of sites during the path from research to purchase. This may include OTAs like Booking.com, airline and hotel sites and review sites like Tripadvisor. Along the way, people will begin bookings and abandon a few as they check out prices and options. 

People will take time to research travel, but for the other reasons quoted (payment options, length and complexity of booking, and technical issues), travel sites can do better in some cases.

How can travel websites minimize booking abandonment? 

Due to the research process, there’ll always be a certain level of abandonment, but sites can do a lot to address it.

We see travel sites with abandonment rates lower than the average, and this is normally because they’ve addressed these issues. 

Booking abandonment rates can be kept to a minimum by trying to prevent abandonments before they happen, but even when people abandon bookings, this doesn’t have to be the end - there are ways to tempt them back to complete bookings when they are ready. 

A combination of great user experience, useful content and timely and effective messaging can help to both reduce abandonment and recover bookings which may have been lost. 

Here are some ways to address these issues:

Effective travel search 

Travel sites need to make it easy for customers to find the travel products that suit them, and to view the various options available to them.

This starts with the search option. Search needs to be able to adapt to the various needs of users.

A site such as Kayak deals with this by offering flexible search options. People can be as specific or as vague as they want to be when beginning their search. 

They can choose a departure airport but leave the destination blank, they can search across a whole month for a specified number of nights, and so on. 

Content to aid the research process 

Users are often moving between sites when researching travel purchases as they’re unable to find all the information they need on one site. 

One reason to check a range sites is of course to view different prices and options, but people are also looking for information on the destinations they’re considering, and reviews from other travelers. 

Useful content and user reviews provide key information and reassurance when people are making travel bookings. If they’re armed with the information they need, and have seen that other people have left positive reviews, then they’re less likely to abandon bookings. 

Two of the most common travel related questions searched for on Google are "what to do in [destination]" and "where is [destination]." If you don’t provide this information, people will head elsewhere to look for it. 

The other key content type people look for is reviews. In the travel market, TripAdvisor is the primary destination, averaging 490 million unique visitors per month. 

Some sites, such as Booking.com, have plenty of reviews from their own customers, but for many sites it makes sense to show reviews from TripAdvisor. This provides travelers with the information they need without having to head for TripAdvisor. 

Form and checkout optimization

According to our data, 17.6% of visitors to travel sites begin the booking process, but just 3.1% actually complete the booking. 

This means ensuring that customers can select options, complete forms and add their payment details without any unnecessary friction, and with the information and support they may need. 

A well-designed form can make a big difference, especially during a relatively long checkout process. Little details like shortcuts for address entry, validation of information entered, and correction of errors can help to make the process more easy. 

Payment options are another important factor in the booking process. Travelers worldwide have a range of different payment preferences, so it’s important to cater for as many of these as possible. 

So, as well as offering card payment options it makes sense to offer PayPal and other alternatives like bank transfer, as KLM does. 

Newer digital wallet options like Google and Apple Pay can also help to speed up the booking process for people booking via mobile.

On-site messaging 

Messages can be served to customers to show key information, offer assistance or to encourage people to complete a booking.

The messages can be timed to display at key stages in the booking process, or perhaps when customers are about to abandon a booking. 

Key information can be shown as people are making their booking, or as they are about to leave the site. For example, visitors can be shown messages telling them how many people are viewing the same flight.

This tells them that they may need to decide quickly or risk missing out.

When people are about to abandon, messages can be displayed to encourage them to continue with their booking, or to save their booking details for later. 

Booking abandonment emails

Booking abandonment emails can be sent after customers have abandoned a booking, tempting them back to complete their purchase. 

According to our stats, 87% of people would consider returning to purchase a previously abandoned booking. The key is to make it easy for customers, sending them back to the point where they left the booking, to save time. 

The best booking abandonment emails are personalized, well-timed, with great creatives, and key features and information (reviews, urgency messaging) that help to tempt travelers back to the booking.

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TAGS: online booking | abandonment | travel websites
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