There are many things to love about online travel business. Aside from the fact that it provides convenience for travelers all over the world, it also opens up new business opportunity and income source for everyone.
Travel business is a 7 trillion industry
Travel marketing is the fastest growing industry all over the world. Currently it has an annual asset of 7 trillion dollars, which is expected to double by the end of the decade. In addition, this fastest growing industry provides stable and reliable profit source for anyone involved in the business.
It created new business models, and of course business opportunity
Travel business has created new business opportunities everywhere popularly known as tourism industry. One amazing business model in this industry is with internet, which is known as internet marketing. It sells travel services through the internet from plane tickets, hotel reservations, and even complete tour packages to certain destination. It is so convenient that customers can now plan in perfect details their dream travel vacation. It is also a fast growing business because of many innovations in the internet. In the U.S. alone, approximately about 20% of its travel marketing income comes from internet travel marketing, which is about more than 25 billion dollars a year. Amazingly, it is still continuously growing.
It is a low maintenance business
Travel business in the internet is a low maintenance business. It does not require employees or staff to take care of sales, papers, or products. Only through the internet, everything is so efficient. Website can provide a space to discuss deals, and other transactions. In addition, website can accommodate travel promotions and information. No need for daily meetings, and or human resource management, you can actually just wait for buyers to come so easy.
It has a lot of travel commission
The best thing in this business is that there is no profit limit. You can double your profit or even triple it just by hitting travel commissions. An agent can hit commission aside from its own profit from each closed deals, which means, an agent can earn a lot, without limit. If for example an agent sells 20 e tickets or plane tickets through the net, each ticket sold has a service charge, which considered as agents cut. Apart from that are the travel commissions that the travel service provider should grant such as discounted travel, wholesale travel price, or even cash.
It is a home based business, which is usually associated with ease and comfort, yes indeed; this feature is a freedom while working. No company structures, no rules and regulations, no painful boss, and no hassling deadlines. Home based business, once learned, is a chilling way to earn money. Internet travel marketing is an all time click industry, considering its innovation in traveling convenience. Moreover, while it is every ones call to visit places for business purposes or for exotic fresh vacations everyone is a potential customer soon, internet travel marketing will be consider a giant industry all over the world and will open up different business opportunity.