Kayak.com is a travel search engine that allows users to search across 100 travel sites to find the best deals on flights, hotels and rental cars. It was created to simplify the travel search process and avoid hidden fees. Kayak uses targeted marketing to generate higher click-through rates and made $85 million in revenue as of December 2007. While it does not sell travel products directly, it aims to be the #1 website for online travel search through a marketing strategy focused on word-of-mouth, press releases and optimizing the user experience.
2. The Travel Industry
Heightened Need For Information
Financial & Emotional Investment
Time: Scarce Commodity
Simplest Trip = Array of Options
Bridge Gap between Expectations & Experience
5. Kayak.com
quot;We created the site to meet the needs of today's consumers
who are frustrated by having to search multiple sites to find
the best deal.”
www.kayak.com
6.
7. Search Engine No Hidden Agenda
No Selling 100 Travel Sites
Real Time Availability Real Time Prices
10. The C-Suite
Terry Jones
Chairman of the Board, Kayak.com
Travelocity
Steve Hafner Paul English
Co-Founder & CEO, Kayak.com Co-Founder & CTO, Kayak.com
Orbitz, Inc. Intuit
Gregory E. Slyngstad
Board Director, Kayak.com
Expedia, Inc.
39. Marketing & Promotions
Ad Spend: 100% Online
key words & travel site ads
Budget: 35% of revenues
40. Problem
Gain market share without spending
hundreds of millions on advertising
Challenge
Preferably without the use of paid traditional
offline media