Technology Category
- Networks & Connectivity - 5G
- Platform as a Service (PaaS) - Application Development Platforms
Applicable Industries
- Buildings
- Cities & Municipalities
Applicable Functions
- Procurement
- Sales & Marketing
Use Cases
- Behavior & Emotion Tracking
- Livestock Monitoring
About The Customer
Luxstay is an online short-term rental platform and hospitality service based in Ho Chi Minh City, Vietnam. Established in 2016, Luxstay aims to bridge the gap between homeowners and travelers, making independent travel more accessible and helping homeowners generate more revenue from their properties. Luxstay provides a wide range of accommodation options like apartments, villas, studios, and houses across sought after Vietnamese holiday destinations. With over 15,000 listings, Luxstay records about 20,000 monthly bookings growing at a monthly rate of 20%.
The Challenge
Luxstay, an online short-term rental platform based in Vietnam, was facing challenges in its user engagement strategy. The home-sharing market in Vietnam is highly competitive, requiring Luxstay to provide personalized and consistent communication across all channels. However, their existing marketing automation platform had limitations, including a lack of user behavior analysis, connectivity gaps in channels, and no proper continuity in user engagement. These issues were negatively impacting the brand's active usage and conversions. The COVID-19 pandemic further complicated matters, as Luxstay needed to maintain consistent communication with users throughout the ongoing uncertainty. The team wanted to understand user behavior, segment users based on various attributes, and unite all engagement channels. However, their current solution was not able to meet these needs, leading Luxstay to seek a platform that could offer a more unified engagement.
The Solution
In response to the increasing gaps in engagement and the peak of the COVID-19 pandemic, Luxstay's marketing team decided to employ a different user engagement platform. After careful consideration and rigorous research, they chose MoEngage. This platform allowed Luxstay to automate engagement, segment users, and personalize communication. Luxstay's team first used MoEngage's Custom Segment to collate and analyze customer data, which helped them understand purchase behavior and user interaction with their app and website. This understanding allowed Luxstay to personalize the user experience by matching customer demand to available properties. Luxstay also used data from MoEngage to segment users into four categories: solo travelers, couples with no infants, couples with one or more children, and friends traveling together. These users were further segmented based on their behavior, such as the price range of accommodation, type of occupancy, and location. This segmentation allowed Luxstay to personalize their communication and improve conversions.
Operational Impact
Quantitative Benefit
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