Statistic |
Data |
Customer Loyalty |
It costs 5 times more to acquire a new customer than to retain an existing one. |
Online Presence |
81% of consumers research online before making a purchase decision. |
Social Media Impact |
54% of social browsers use social media to research products. |
These statistics highlight the importance of building a strong brand presence both online and offline. By focusing on customer loyalty, maintaining a strong online presence, and leveraging social media, you can effectively market your hospitality business and attract more customers.
In addition to these strategies, it's important to also focus on providing exceptional customer service, creating unique experiences for guests, and constantly innovating to stay ahead of the competition.
Remember, building a successful brand takes time and effort, but with the right marketing strategies in place, you can elevate your hospitality business to new heights of success.
(Source: Data compiled from various industry reports and studies)