Airline Marketing Monthly - September 2019

Page 32

Introduction

The importance of rich content in “the attention economy”

are often confused by the

could end up losing airlines

month is ATPCO.

ever-expanding options

revenue, especially as the

presented to them, espe-

content and choices are of-

cially as services beyond the

ten being shown to passen-

actual ticket are unbundled.

gers on third party sites.

academic who originally

To take just one example,

That’s where our Sep-

coined the term, Matthew

many full service airlines

tember industry partner,

Crawford put it, “attention

now encourage passengers

ATPCO comes in. ATPCO’s

is a resource — a person

to pre-book and pay for

rich content helps airlines

has only so much of it.”

seats in economy (rather

and distributors differen-

than offering this for free).

tiate and better monetize

But even in economy you’ll

their products.

The term the attention economy has been around for over 20 years. As the

Competition for that attention online is constantly increasing. However, so is the mass of information and choices presented to

sometimes find three, four or even five options all at different price points.

It creates modern retailing solutions for airlines and sales channels by merging

consumers, especially in

There are good commercial

the industry’s most reliable,

the e-commerce and online

reasons why that’s so. How-

comprehensive fare data

shopping space.

ever, if the information isn’t

with consumer-friendly,

presented to passengers

standardized rich content.

in the right way, that con-

The result is better conver-

fusion and choice surplus

sions and higher sales.

Looking specifically at the airline industry, consumers

32.

Airline Marketing Monthly | September 2019

Our industry partner this


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