
11-14 May 2009,
Singapore
TFWA Asia Pacific and GATE ONE2ONE conference
was held
May 11-14, 2009 in Singapore, organized to provide a diverse
and intense learning opportunity for all duty free
and travel industry stakeholders. Entitled "Tailwind
and Turbulence", the conference focused on the
industry's sustainability, growth and resistance in
spite of harsh times, while analyzing the impact of
the global economic downturn on business throughout
Asia Pacific.
Robert Cook, CEO, Blackstone Gates
presented Transforming Airports: 1 to 1 Customer
Strategies on May 11, 2009:
As a sequel to Don Peppers’
perspective on 1to1 marketing in 2008, this workshop
will provide a two sided perspective on how, through
innovative use of technology, airports can drive
revenues by offering real benefits to customers.
• Real, proven case studies of
customer focussed marketing in airports
• A step-by-step look at how the
processes can be implemented
• Analysis of the potential revenue
growth and current “lost retail spend” by NOT
implementing such procedures
Airports continue to struggle to
increase customer retail spend. They are
increasingly dependent on retail as a potential
upside
revenue stream. As passengers have
increased, the percent spent by them has remained constant.
Given the downturn in the economics of airline
travel, the challenge to develop new revenue streams
is now at a critical stage.
It can be demonstrated that using
current retail methodologies, unparalleled customer
insight can be gained with a payoff of increased
customer spending. This insight comes from access to customer knowledge
using in-place
retail infrastructure. Airports have a fixed cost
base and are under pressure to lower costs or
increase commercial revenues. If harnessed
effectively, airports can exploit these
methodologies and infrastructures to dramatically
increase customer retail revenue.
The presentation will discuss new retail methodologies and industry
future trends. Airports can utilize these
to "create a single customer view”
from the many airport “touch points”. By deploying
appropriately 3 key processes, the airports can exploit customer
insight and knowledge, thereby creating opportunities to
serve customers better and create more ‘buying’
windows - thereby ensuring increased airport retail
spending.
From Workshop D as part of the session
on 'Revenue Growth for Airports through
Innovation and Technology', see a video replay of
Transforming Airports: 1 to 1 Customer Strategies