Thursday, February 27, 2020

Individual report of Digital Marketing Essay Example | Topics and Well Written Essays - 1750 words

Individual report of Digital Marketing - Essay Example However, the industry has seen a demand upsurge in recent years for outbound holiday travel packages, especially as the pound has strengthened. In spite of the revenue contractions in the industry for the year 2011-2012, the sector is expected to post a 0.6% compound annual growth through 2015-2016. The strongest focus has been on online travel sales, which accounted for over 50% of total travel sales in 2013 (euromonitor.com, 2014: p1). Indeed, customers are increasingly turning to the internet for information on travel destinations in order to make informed decisions. Thus, a digital marketing strategy will be essential for tour and travel operators going forward. The UK political environment is relatively stable, which has a positive impact on potential clients. Border policy and resultant entry fees is also a factor affecting the UK travel sectors with shorter 3-month group visas at reduced costs being a positive factor for the sector (ibisworld.co.uk, 2015: p1). In addition, the UK government and governments in countries that are favoured by UK travel tourists, such as Australia and South Africa, are implementing environmental policies that may impact on the travel sector. Finally, terrorist threats on UK citizens may also portend a specific risk for the industry. The global financial and economic crises affected countries like the UK significantly, which has resulted in reduced travel by UK consumers due to purchasing power pressures and uncertainty about employment (ibisworld.co.uk, 2015: p1). However, the strengthening pound in relation to other major world currencies has increased the spending power of outbound travel clients from the UK. Declining inflation in the UK and the wider EU region has also meant that costs for travelling in the UK have reduced. Increasing concerns about sustainability in the travels and tours industry, especially in

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