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Blueprint For Vacation Rental Homes Presented By VacationCluster.com

Creating A Successful Marketing Plan For Vacation Rental Homes

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Page 1: Creating A Successful Marketing Plan For Vacation Rental Homes

Blueprint For Vacation Rental Homes

Presented By VacationCluster.com

Page 2: Creating A Successful Marketing Plan For Vacation Rental Homes

There is no doubt that vacation rental homes are much in demand

now, but it does not mean that if you are one of those long

established into this business you can be successful without

really marketing yourself. Remember markets are efficient; if there

is good demand, we will eventually see competition coming in,

which is likely to be making more efforts than existing players so

as to be heard louder and clearer than others.

Hence it is important to see your brand is sustained and

continually endorsed by customers. And to make this happen in a

competitive world, you should blow your trumpet as loud as you

can.

To be successful, delivering the right product is not sufficient

alone; it is also essential that the product is marketed well. Fine

execution skill backed by a sound marketing strategy is the key to

success when it comes to being profitable in the vacation rental

business.

Page 3: Creating A Successful Marketing Plan For Vacation Rental Homes

Identifying the right target audience is an essential part of a well

designed business marketing strategy. This should allow you to

optimize your return on the marketing spend that you make, as

the success rate of any targeted marketing effort would be much

better than a marketing plan that is not selectively targeted.

The attributes that would define the target market include age,

location, marital status, income group, etc. To understand and

decide on the target audience for you own holiday property do an

internal bench marking against competition and also review the

past history to understand the profile of customers who have

stayed with you.

The key things that you can look to benchmark against

competition are your location, pricing, amenities offered and the

quality of your furnishings and construction. Once this is done,

you would be in a comfortable position to know who your target

audience should be.

Page 4: Creating A Successful Marketing Plan For Vacation Rental Homes

Using Social Media - Utilizing social media for marketing has gained significant traction these days.

Whether it is large corporate or small business, leveraging social media to communicate with

potential customers has become an important element of the marketing plan. Twitter, Linkedin,

YouTube and the most popular of all Facebook have become an intrinsic part of a corporate

communication today. The multiplier effect of a Facebook ‘Like’ or Linkedin ‘Share’ and its impact on

the reach is unparalleled as compared to any other form of promotion.

So don’t forget to have a page of your vacation rental on Facebook or Linkedin. You may even upload

videos of your properties on YouTube so as to enhance your visibility.

However, you cannot solely rely on social media as a marketing tool. It is essential that you integrate

it with other marketing channels. Remember that the role of social media in your marketing plan is

to use it as a communication vehicle - It should make your rental reachable to those interested in

staying in it and noticeable to those who are not aware of it.

Having a website so that you are reachable and searchable - A lot of people, who intend to stay at

holiday houses, do a search on the internet to find out the right place for them. Hence it is crucial

that you should have a well designed website that communicates really well about the quality and

services that customers can expect if they opt to stay with you. The webpage should carry images

and videos that bring forth the most beautiful aspects that define and distinguish your vacation

homes. Reviews from existing customers submitted on your website would be helpful, as this would

shape up the confidence of a potential customer looking for a stay in rental property.

To add to the visibility of your website, make sure that your website is listed at the relevant portals

so that customers don’t miss to consider you while they are planning for their vacation rental stay.

Page 5: Creating A Successful Marketing Plan For Vacation Rental Homes

Besides generating awareness among the target audience about

your product, the other important thing that is crucial for success

is that whenever people are looking for holiday homes, the first

name that they should recall is yours.

For a good recall value, it is important that you continually reach

out to your target audience. A good way to reach out to them could

be Newsletters - You can have a newsletter published weekly or

fortnightly.

The newsletter can contain topics of interest of potential travelers

or customers. You can talk about the new developments in places

where you might be owning a vacation rental or just provide them

valuable insight into various aspects of travel planning. The

newsletter can also carry images of your property or house.

Page 6: Creating A Successful Marketing Plan For Vacation Rental Homes

It is always much easier and cheaper to retain a customer than get a new

one. In the business of vacation rental, it is essential that existing

customers are satisfied and happy with your services. A referral from a

satisfied customer who has stayed with you is the most effective form of

advertisement than any other. You can also reward your customers who

provide you a referral. The reward could be anything, a small gift or a gift

voucher.

Another way to incentive your existing customers is provide them a

discount on subsequent stays at your accommodation. You can also extend

the discount scheme to relatives of your existing customers, which will help

you broaden your reach and visibility. You should also plan to remain in

touch with your existing customers. One special way to stay in touch is to

send them e cards on holidays or their special days such as birthdays and

anniversary.

So if you are willing for turning your gorgeous vacation home into a

profitable vacation rental homes then do keep these marketing strategies

and tips in mind when creating a marketing plan for business.

Page 7: Creating A Successful Marketing Plan For Vacation Rental Homes

Don’t hesitate to take a visit of our site VacationCluster.com to know more

about us.

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