I Tpresentation

14
Online Travel Agents

description

 

Transcript of I Tpresentation

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Online Travel Agents

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How Travel Agencies Work

How Travel Agencies Work

Online agencies – same as traditional but the information is all online so people can do their own searching and booking at home

Easy to use, and could save up to thousands of dollars

Consumers can just print what information they need at home

Disadvantage of them though is that they may impact greatly on the traditional travel agent business

The 4 site models: 1. Merchant, 2. Direct, 3. Advertising, 4. Community

Results from hotels and travel companies show that online deals and systems are very popular

They reduce costs, increase profitability, improve efficiency

Can find deals that can't be found anywhere else

Online agencies – same as traditional but the information is all online so people can do their own searching and booking at home

Easy to use, and could save up to thousands of dollars

Consumers can just print what information they need at home

Disadvantage of them though is that they may impact greatly on the traditional travel agent business

The 4 site models: 1. Merchant, 2. Direct, 3. Advertising, 4. Community

Results from hotels and travel companies show that online deals and systems are very popular

They reduce costs, increase profitability, improve efficiency

Can find deals that can't be found anywhere else

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How is the internet being utilised by travel

agents?

How is the internet being utilised by travel

agents?

In order to counteract the threats of reduced business due to the internet, travel agents have had to use the internet to their advantage

In order to counteract the threats of reduced business due to the internet, travel agents have had to use the internet to their advantage

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How? How?

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They went online too!!They went online too!!

Travel agents have got their own websites

Allowing costumers to use their service from the comfort of their own home

Many are now offering features that online only travel sites don't, to stay in the race

Call back service Quote request forms

This is saving time and money for agents. They use the internet to find the best deal for customers, without the need for face to face sales

Travel agents have got their own websites

Allowing costumers to use their service from the comfort of their own home

Many are now offering features that online only travel sites don't, to stay in the race

Call back service Quote request forms

This is saving time and money for agents. They use the internet to find the best deal for customers, without the need for face to face sales

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AdvertisingAdvertisingA strong internet presence.

Advertising on large, well known sites, with links.

Social networking sites like Facebook and Twitter. Using it as a platform to register users and send promotions directly to their account and e-mails.

Advantage, internet advertising is an inexpensive form of 24/7 advertising.

A strong internet presence.

Advertising on large, well known sites, with links.

Social networking sites like Facebook and Twitter. Using it as a platform to register users and send promotions directly to their account and e-mails.

Advantage, internet advertising is an inexpensive form of 24/7 advertising.

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SoftwareSoftware Programs and travel guide

subscriptions that integrate with the agents pages, booking and inquiry pages. Providing live updates regarding general information, current affairs and news, travel threats, currency, climate and government announcements. Activated when the destination is selected.

Linked directly to a list of preferred business by the agent in that location.

Current software travel agents can bring up all the flights with seats on the day you request, not just the seats available to the online travel agent or search engine you are using. Eg Travel booster, Globe track, Dolphin ect.

Programs and travel guide subscriptions that integrate with the agents pages, booking and inquiry pages. Providing live updates regarding general information, current affairs and news, travel threats, currency, climate and government announcements. Activated when the destination is selected.

Linked directly to a list of preferred business by the agent in that location.

Current software travel agents can bring up all the flights with seats on the day you request, not just the seats available to the online travel agent or search engine you are using. Eg Travel booster, Globe track, Dolphin ect.

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Advances in technology mean travel agents can have all aspects of the business through one specially designed program/data base.

Thought internet access and password system, travel agents can go directly into Hotels, Motels and even some online only agencies system.

The internet is now the tool for keeping the business relationships.

Its faster, cheaper, and conformation is instant.

Advances in technology mean travel agents can have all aspects of the business through one specially designed program/data base.

Thought internet access and password system, travel agents can go directly into Hotels, Motels and even some online only agencies system.

The internet is now the tool for keeping the business relationships.

Its faster, cheaper, and conformation is instant.

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ResearchResearch

Agents are able to keep up with travel trends.

Monitor which sites get the most hits

What destinations are getting the most hits

Stay in tune with what customers want

Provide deals on what's in demand.

Agents are able to keep up with travel trends.

Monitor which sites get the most hits

What destinations are getting the most hits

Stay in tune with what customers want

Provide deals on what's in demand.

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Why it is being utilised ?

Why it is being utilised ?

Main reasons are: The ability to provide valuable

information, The opportunity to reach a wider

audience, New advertising benefits

Main reasons are: The ability to provide valuable

information, The opportunity to reach a wider

audience, New advertising benefits

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Source of InformationSource of Information Travelers and suppliers can

gather info on traveling and possible business transactions

Compare offers before committing to a purchase

In effect save money Customers can read reviews

left by other customers. Information constantly being

reformatted - easy to read Efficiency - Eg. no longer

receive printed tickets

Travelers and suppliers can gather info on traveling and possible business transactions

Compare offers before committing to a purchase

In effect save money Customers can read reviews

left by other customers. Information constantly being

reformatted - easy to read Efficiency - Eg. no longer

receive printed tickets

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Even sites such as Twitter are becoming increasingly popular, go-to site for hotel recommendations

Survey showed that 46% internet users, use Twitter - figure jumps to 60% when counting people who buy travel online

Companies see this as a great advertising opportunity

Self-promotion to many ‘would-be’ vacationers at home

Youtube also very popular for travel videos and agency advertising

Jetstar - Tokyo To Goldcoast & Sydney

Even sites such as Twitter are becoming increasingly popular, go-to site for hotel recommendations

Survey showed that 46% internet users, use Twitter - figure jumps to 60% when counting people who buy travel online

Companies see this as a great advertising opportunity

Self-promotion to many ‘would-be’ vacationers at home

Youtube also very popular for travel videos and agency advertising

Jetstar - Tokyo To Goldcoast & Sydney

Greater audience can be reached

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New Advertising Benefits

New Advertising Benefits

More exposure to customers ‘Billboard Effect’ Generate bookings through OTA and

also, own hotel site Creates brand awareness to

customers

More exposure to customers ‘Billboard Effect’ Generate bookings through OTA and

also, own hotel site Creates brand awareness to

customers

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The Outcomes of Utilisation

The Outcomes of Utilisation

Many online travel agencies and host agencies (Webjet) are working together to provide more marketing materials and experience

This increases an agency’s bookings and sales as it gives more exposure to travel

customers recent study conducted at Cornell

University involved using the website Expedia to advertise JHM Hotel, as apposed to just using the properties own website

Increase of 20% in reservations when the property was displayed on Expedia

Using the Expedia website which raised rates (2-3%), allowed the hotel to make more profit

Many online travel agencies and host agencies (Webjet) are working together to provide more marketing materials and experience

This increases an agency’s bookings and sales as it gives more exposure to travel

customers recent study conducted at Cornell

University involved using the website Expedia to advertise JHM Hotel, as apposed to just using the properties own website

Increase of 20% in reservations when the property was displayed on Expedia

Using the Expedia website which raised rates (2-3%), allowed the hotel to make more profit