📈
Your Goal at the Retention Stage: Increase Lifetime Value
In the retention stage, your marketing persona is already a customer of your product. Your objective is to increase the value you can extract from them directly by generating repeat purchases, upsells, or reducing churn; or indirectly by improving brand image or promoting referrals.
Customer lifetime value (CLV)
📝
Content Marketing
The objective of the content you'll create at the retention stage is to keep your existing customers happy by providing ongoing value (even after purchasing.)
Content ideas:
Monthly newsletter featuring new properties, promotions, and guest experiences.
Blog post: 'How to Make the Most of Your Stay in Our Rentals' focusing on local attractions and tips.
Video series: 'Guest Stories: Memorable Moments in Our Vacation Rentals' highlighting past guests' experiences.
Interactive online survey asking guests for feedback on their stay and suggestions for improvement.
Post-stay thank-you email with special offers for returning customers and a request for review.
What to measure:
Open rates of newsletters
Engagement rates on guest story videos
Feedback response rates from surveys
🔎
SEO
At the bottom of the funnel, you'll want to make sure your marketing persona can find all the information she needs to get the most of your product (e.g. knowledge base articles), or to solve any problems that may arise (e.g. support/contact page.)
Keyword ideas:
Post-stay survey feedback
Vacation rental return visitors tips
Best local attractions for families
Guest testimonials for family-friendly rentals
Safety tips for repeat visitors
How to navigate booking for returning customers
Local dining options near our rentals
What to expect when returning to our vacation rentals
Family-friendly activities around our vacation properties
Travel planning tips for repeat visitors
What to measure:
Organic traffic to content celebrating repeat visits
Search engine rankings for guest testimonial content
Return visitor traffic from search engines
🎯
Paid Advertising
At this stage of the funnel, you might choose to be run campaigns promoting of new features, upgrades, or promotions.
Target audience ideas:
[Remarketing] Facebook Ads: Previous guests who stayed more than once, showcasing tailored offers.
[Prospecting] Google Ads: Targeting users searching for 'repeat vacation renters' and 'guest rewards programs'.
[Remarketing] Instagram Ads: Users who engaged with video guest stories, featuring new promotions.
[Remarketing] YouTube Ads: Targeting past guests with updated property features and booking offers.
[Prospecting] Google Ads: Target users interested in loyalty programs related to travel.
What to measure:
Return on ad spend (ROAS) for remarketing campaigns
Customer acquisition cost (CAC) for loyalty program ads
Click-through rates for promotional ads targeting previous guests
📱
Social Media
Retention campaigns on social media revolve around building a sense of community with your existing customers. You'll do a lot of monitoring of brand mentions on social media.
Social media campaign ideas:
Instagram posts featuring highlights from guest reviews and memories shared by previous customers.
Facebook Group for past guests to share feedback and tips about their experience.
Twitter conversation around returning guests' favorite memories from their stays.
LinkedIn posts discussing how customer feedback shapes service improvements and property updates.
Monitor social media for mentions of the brand, responding to guests' queries or sharing their experiences.
What to measure:
Engagement on posts highlighting guest experiences
Growth in group members within the Facebook Group for past guests
Number of mentions and interactions on brand monitoring
📧
Email Marketing
Retention email campaigns will be a mix of educational emails (onboarding, activation, etc), transactional emails (reports, receipts, reminders, etc), and promotional emails (upgrades, upsells, etc.)
Email marketing campaign ideas:
Monthly follow-up email sharing vacation planning tips and exclusive offers for returning guests.
Email sequence featuring specials for previous renters, encouraging them to book their next stay.
Customer satisfaction survey email to gather insights and show appreciation for feedback.
Thank you email after stay with promotions for the next visit.
Exclusive video tour of newly added properties sent out to previous guests.
What to measure:
Open rates for follow-up emails
Response rates on satisfaction surveys
Booking conversion rates from promotional email campaigns
🧪
Marketing Experiments
Your retention experiments will have the objective of maximizing lifetime value of existing customers.
Experiment ideas:
A/B test email subject lines to improve open rates for follow-up promotions.
Experiment with different layouts for newsletters to enhance engagement.
Test the effectiveness of personalized messages in post-stay communications.
Run A/B tests on different types of customer feedback inquiries to maximize response rates.
Monitor user interactions with video content in post-stay emails to optimize based on feedback.
What to measure:
Engagement rates for various email campaigns
Click-through rates on promotional emails
Response rates for A/B tested feedback requests