Quantitative survey to understand consumer behavior (frequency, duration, channels used, spend etc.) for launch of specialized offering by a leading OTA
Objective
- A leading OTA wanted to assess consumer behavior (frequency, duration, channels used, spend etc.) across metros and non-metros to identify customer personas to launch a specialized offering
Methodology
- Conducted consumer survey (N = 500) and in-depth consumer interviews (N = 20) across 10 cities (mix of metro, tier 1 & 2 cities) for different customer segments (based on gender, income, % disposable income spend on travel etc) to understand the consumer behavior and nature of spend
- Implemented statistical analysis such as regression, classification on the data-set to uncover which factors are the most relevant in initial booking and subsequent loyalty
- Identified relevant segments to target for OTA platform’s new offering
Impact / Outcome
- Equipped the client with detailed insights on travel consumer behavior on OTA platforms to launch offering
- Client incorporated pricing and customer experience features based on recommendations