Wilkinson Sword 'mow the lawn' by JWT New York
Agency: JWT, New York
Rating: 5.0
By Loulla-Mae Eleftheriou-Smith, marketingmagazine.co.uk, Tuesday, 04 October 2011 04:00PM
TUI: boss calls for more innovation in marketing
Johan Lundgren, managing director, northern region, TUI, told Marketing at the ABTA Travel Convention in Palma Mallorca that the immediate marketing spend in the travel industry is "low", which puts it at a "significant disadvantage" when competing with other industries for "customers' money".
Lundgren said one of the challenges the travel industry faces with increasing marketing spend is its "high distribution and legacy costs" that curtail "funding mechanisms" for marketing activity.
He said: "There has to be a way of looking at distributing the other resources you have and to be creative and innovating in the way you communicate with customers."
Lundgren identified social media sites Facebook and Twitter as an area that TUI will invest in with its future marketing efforts, while Peter Long, chief executive, TUI, said at the Convention today.
He said: "We want to become an online driven company. We've started that journey but we've got a long way to go."
Follow @LoullaMae_ES on Twitter
This article was first published on marketingmagazine.co.uk
AllThingsD is reporting that last week’s rumoured deal that would see Yahoo pay as much as $1bn buy Tumblr is set to become a reality and will be announced officially on Monday.