Madden’s Latest DMO Tourism Industry Media Benchmarks – Q2 2024
June 18, 2024
In the dynamic world of Destination Marketing Organizations (DMOs), understanding the performance of your media campaigns relative to industry-specific benchmarks can be the difference between a good strategy and a great one. That’s why we at Madden are happy to share our DMO Tourism Industry Media Benchmarks at the end of each quarter.
Tailored Insights for DMOs
Our benchmarks are not just numbers—they are insights derived from meticulous analysis by our data team and tailored specifically for DMOs. Reflecting data from the past quarter, these benchmarks provide a clear, up-to-date snapshot of what’s working in the DMO space and how your campaigns compare.
Platform Tactic | CTR |
SEM | 7.73% |
Google Display | 0.96% |
Google Performance Max | 3.70% |
Google Video (YouTube) | 56% View Rate |
Meta Prospecting (CTS) | 1.55% |
Meta Remarketing | 1.79% |
Meta Video | 0.88% |
TikTok | 0.42% |
0.70% | |
1.10% | |
0.54% | |
Spotify | 0.16%› |
Display | 0.28% |
CTV | 0.09% |
It is critical to keep in mind, with any digital channel campaigns, that continuous monitoring and regular optimizations are key to performance. Even then, additional competitors trying to capture the same audience as a DMO can impact outcomes. As performance results are just one part of a larger picture, media managers/agency partners should provide context to what they are seeing as they carry out digital campaigns.
Quarterly Updates for Fresh Insights
The tourism industry is as seasonal as it is dynamic. Recognizing this, we commit to updating our benchmarks on a quarterly basis. This ensures that our benchmarks remain relevant and reflective of current trends, allowing DMOs to stay ahead in their strategic planning and execution. This also provides the ability to look at past benchmarks to monitor changes in platforms and tactics.
Why This Matters
In the world of marketing, knowledge is power. For DMOs, having access to precise, industry-specific benchmarks means being able to set realistic goals, measure success more accurately, and identify areas for improvement. It’s about moving beyond the “one-size-fits-all” approach and embracing a more tailored strategy that recognizes the unique value and challenges of promoting destinations.
Looking Forward
As we roll out our DMO Tourism Industry Media Benchmarks, we invite all DMO professionals to explore these new tools. We believe that by providing DMO-specific benchmarks, we can help elevate the entire tourism industry, fostering more targeted, effective, and successful marketing strategies.