The reservation platform Resy centers itself around the communal experience that comes from dining, affirming and building connection between restaurants and diners, according to CMO Hannah Kelly.
Episode Transcript
Please note, this transcript may contain minor inconsistencies compared to the episode audio.
[00:00:00] Damian: I'm Damian Fowler.
[00:00:01] Ilyse: And I'm Ilyse Liffreing
[00:00:02] Damian: welcome to this edition of The Current Podcast.
[00:00:05] Ilyse: This week, we're delighted to talk with Hannah Kelly, the CMO of Resy.
[00:00:09] Damian: Want to make a restaurant reservation? American Express owned Resy is there for you. With over 40 million global users, the app has driven over 600 million reservations. Now that's a lot of fine dining, I imagine.
[00:00:23] Ilyse: With almost 14 years of working at American Express under her belt, Hannah leads marketing efforts to connect restaurants and tastemakers.
[00:00:31] Damian: We start off by talking about the value of customer data and how insights inform Resy's marketing strategy.
[00:00:38] Damian: We work in an industry where, data is capital. You know, how does Resy rely on the customer data, especially from its parent company, American Express?
[00:00:47] Hannah: Sure. So thank you so much for having me. And you could argue that the premise of the Resyacquisition was based on American Express's deep use of data. So when we look at spend at American Express, dining one [00:01:00] of our highest spend categories. We reached 100 billion in spend for the full year in 2023 for the first time ever.
[00:01:06] So for us, being an American Express and in the business of membership, we are constantly looking for ways to engage and attract card members and deepen our relationships with merchants. Resy naturally presented that opportunity as a way for us to own an asset, own a brand, and build a community of being able to connect the world's best restaurants to the world's best diners on a proprietary basis.
[00:01:28] Damian: That makes a lot of sense. I, as an Amex owner, do spend a lot in restaurants. I wonder if you have any interesting stories around turning those insights into action.
[00:01:38] Hannah: Sure. So, We know that millennials and Gen Z's are worried about making the perfect reservation. In fact, we commissioned our own research and we found that 50 percent of the millennial and Gen Z population are worried about making the perfect reservation.
[00:01:52] And so with that, that drove three sort of primary objectives and campaigns for us. So first is our brand platform. we launched a brand platform in [00:02:00] 2023 called Reservationships, which is really meant to highlight how that Resy is more than reservations, really being that trusted partner in crime when you don't know where to go.
[00:02:09] You want to have that fine dining moment with your potential in laws to be with a new date. How can we really own the fact that Resy has served as that sort of curator, and role. I think the second piece has been, this past year we introduced our Resy shareable hit list. so what that function allows you to do in the iOS app is anyone can go in and create a list based on any title that you want.
[00:02:31] Go to date nights. Kid friendly places. You name it. We have some very creative takes in there. and you can share them out with friends. So again, it's really meant to give users the confidence that they are selecting and making the best reservation possible for them.
[00:02:48] Hannah: And we've extended that and really leaned into that a bit more with our third deliverable this year, which has been around the launch of our discover tab.
[00:02:54] So now when you go into the Resy app, you not just only see a list of restaurants based [00:03:00] on your location or cities. We've always had collections, but now our discover tab actually brings in all of our editorial content into the app. And just for reference in Q one of 2024, we highlighted over 000 plus restaurants in all of our editorial across 300 stories.
[00:03:17] So now all of that content is there in formats that can helpfully guide users on how they can connect with restaurants that they should love if they don't know them already and ones that they want to continue to celebrate their love for and be a patron of.
[00:03:28] Ilyse: You know, retail data continues to have a moment among marketers. In your experience, how much do these insights influence your strategy? And what do you think is the future of this type of data?
[00:03:42] Hannah: So I think for us, guest research is the number one place that we constantly look to. And for us, a lot of that is where are people notifying, where are people searching, where are people dining. And at American Express, we're able to see where our car...
10/16/24 • 20 min
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