Founded by Kali Hoang, Verden Salvador, Boey Yu, Carolyn Zhang
Introduction
We are an airline consolidator company offering domestic flight
tickets to major hubs through a subscription service that allows
customers to purchase round-trip flight tickets at a more
affordable rate. Tickets are easily purchased through our website
or mobile app. The subscription cost is $500 per month and
customers are charged a non-refundable service fee of $100 per
round-trip flight, the maximum number of tickets being three
round-trip flights per month.
Our mission is to provide budget-conscious travelers
with a perfect, seamless balance between affordability
and accessibility when booking a flight ticket to major
hubs through our subscription service from the next
business conference to an impromptu adventure.
Mission Statement
Market Trends
➔ Increase in US digital travel
sales between 2012 and
2018
➔ Increase in consumer
expectations
➔ Increase in business travel
volume and spending
Growth Opportunities
➔ U.S. airline industry forecast to grow 24.5% from 2014 to
2019
◆ Approximately 4.5% annual increase
➔ Revenue plateau in 2019
United States airline industry value forecast: $ million, 2014-19
Year $ million % Growth
2014 154,098.8 5.4%
2015 160,523.8 4.2%
2016 167,559.9 4.4%
2017 175,211.6 4.6%
2018 183,347.4 4.6%
2019 191,818.5 4.6%
SOURCE: MarketLine
Marketing Objective
➜ Maximize revenue
➜ Release different
subscription plans
○ Ex: Family plans
➜ Dominate U.S. market
➜ Move into the
international market
➜ Become a renowned
brand
Target Markets
Secondary
Mid-twenties to mid-
thirties young
professionals who
travel often for
pleasure.
Primary
Mid-twenties to mid-
thirties young
professionals who
travel often for
business.
To young professionals who want to travel and have
the time and flexibility to do so, JetSet is the flight
subscription service that gives you the most affordable
flights around the U.S. because of the monthly
subscription service.
Positioning Statement
Price
$500 subscription fee
$100 per round trip flight
Marketing Mix and Communication Plan
Product
Flight subscription
service for three round
trip flights to major
domestic locations.
Place
Flight tickets are available
for major US hubs:
Boston, Chicago, LA,
Miami, New York, San
Francisco, Houston,
Seattle, Denver
Promotion
Heavily social media
based
“If you could fly anywhere
without worrying about
time or money, where
would you go?”
Pricing Plan
➜ Consolidators resell tickets for 20-70% lower than published
prices
○ Paying 30-80% lower for tickets
➜ Average round trip flight in U.S. is $388
○ We pay $116.40 to $310.80
○ Average of $213.60 per ticket
➜ $500 Subscription Fee + $100 Per Round-Trip Flight
# of
Flights
Taken per
Month
Cost Revenue Profit
Profit
Margin
1 $213.60 $600 $386.40 64.4%
2 $427.20 $700 $272.80 39%
3 $640.80 $800 $159.20 19.9%
Sales Forecast and Financial
Objective
➜ Reach 12% profit
within three years
➜ Estimated 38,000
business trips
every day
➜ 28 trips=8
subscriptions
○ $6400
Contingency Plan
➜ Set aside 5% of profit after
breaking even to be prepared
for refunds
➜ $100 service fees will not be
refunded
➜ If one round trip has been
taken, only two-thirds of the
$500 subscription fee will be
returned
THE JETSET WEBSITE
jetsetsm.wix.com/jetset
Place your screenshot here
THE JETSET APP INTERFACE
Place your screenshot
here
Thank you for
listening!
References
"Airline Tickets: Cheap Airline Tickets from 500+ Consolidators." Travel HUB. N.p., n.d. Web.
04 Dec. 2015.
Blanco, Javier. "The Power of Youth Travel." (n.d.): n. pag. United Nations World Tourism
Organization. Web.
"Business Travel Spending to Rise Nearly 5 Percent in 2015, But "Erratic" Economic Drivers
Limit Growth." Global Business Travel Association. N.p., n.d. Web. 24 Nov. 2015.
Blanco, Javier. "The Power of Youth Travel." (n.d.): n. pag. United Nations World Tourism
Organization. Web.
"Discount Airfares, Consolidators, and Consolidator Fares." Discount International Airfares at
Airline Consolidator.com. Airline Consolidator, n.d. Web. 24 Nov. 2015.
Dorning, Jennifer. "The Young Professional Workforce." Department for Professional
Employees. N.p., 2014. Web.
“Expedia, Inc.” Hoover's. Hoover's, Inc., n.d. Web. 02 Dec. 2015.
"JetSmarter, Inc." Hoover's. Hoover's, Inc., n.d. Web. 02 Dec. 2015.
King, Danny. "Can Google Booking save Expedia-Orbitz?: Travel Weekly." Travel Weekly.
N.p., 26 July 2015. Web. 04 Dec. 2015.
Konwiser, Evan. "Dark Days for Online Travel Agencies." Tnooz. Tnooz, 13 Aug. 2013. Web. 06 Oct. 2015.
The Motley Fool. "Amazon.com Inc. Takes Aim at Priceline, Orbitz, and Expedia With This Recent Move." The Motley Fool. The
Motley Fool, n.d. Web. 06 Oct. 2015.
Munarriz, Rick Aristotle. "Expedia and Priceline Want to Rule the Travel World." Daily Finance. AOL Inc., 18 Feb. 2015. Web. 06
Oct. 2015.
Schaal, Dennis. "Expedia-Orbitz Merger Approval Could Be Soon as U.S. Senators Ask Justice Department to Take Hard Look."
Skift. Skift, 30 July 2015. Web. 06 Oct. 2015.
Schlichter, Sarah. "Airline Consolidators." TheIndependentTraveler.com. N.p., n.d. Web. 24 Nov. 2015.
Shankman, Samantha. "Alibaba Launching New Alitrip Travel Brand, Going Head To Head With Ctrip." Skift. Skift, 28 Oct. 2014.
Web. 06 Oct. 2015.
"STA Travel Limited." Hoover's. Hoover's, Inc., n.d. Web. 02 Dec. 2015.
"Surf Airlines, Inc." Hoover's. Hoover's, Inc., n.d. Web. 02 Dec. 2015.
"The Priceline Group, Inc.." Hoover's. Hoover's, Inc., n.d. Web. 02 Dec. 2015.
"Travel Facts and Statistics." US Travel Association, n.d. Web. 24 Nov. 2015.
Trefis Team. "Competition Is Shaking Up the Online Travel Market." Forbes. Forbes Magazine, 5 Jan. 2015. Web. 06 Oct. 2015.

JetSet Presentation

  • 1.
    Founded by KaliHoang, Verden Salvador, Boey Yu, Carolyn Zhang
  • 2.
    Introduction We are anairline consolidator company offering domestic flight tickets to major hubs through a subscription service that allows customers to purchase round-trip flight tickets at a more affordable rate. Tickets are easily purchased through our website or mobile app. The subscription cost is $500 per month and customers are charged a non-refundable service fee of $100 per round-trip flight, the maximum number of tickets being three round-trip flights per month.
  • 3.
    Our mission isto provide budget-conscious travelers with a perfect, seamless balance between affordability and accessibility when booking a flight ticket to major hubs through our subscription service from the next business conference to an impromptu adventure. Mission Statement
  • 4.
    Market Trends ➔ Increasein US digital travel sales between 2012 and 2018 ➔ Increase in consumer expectations ➔ Increase in business travel volume and spending
  • 5.
    Growth Opportunities ➔ U.S.airline industry forecast to grow 24.5% from 2014 to 2019 ◆ Approximately 4.5% annual increase ➔ Revenue plateau in 2019 United States airline industry value forecast: $ million, 2014-19 Year $ million % Growth 2014 154,098.8 5.4% 2015 160,523.8 4.2% 2016 167,559.9 4.4% 2017 175,211.6 4.6% 2018 183,347.4 4.6% 2019 191,818.5 4.6% SOURCE: MarketLine
  • 6.
    Marketing Objective ➜ Maximizerevenue ➜ Release different subscription plans ○ Ex: Family plans ➜ Dominate U.S. market ➜ Move into the international market ➜ Become a renowned brand
  • 7.
    Target Markets Secondary Mid-twenties tomid- thirties young professionals who travel often for pleasure. Primary Mid-twenties to mid- thirties young professionals who travel often for business.
  • 8.
    To young professionalswho want to travel and have the time and flexibility to do so, JetSet is the flight subscription service that gives you the most affordable flights around the U.S. because of the monthly subscription service. Positioning Statement
  • 9.
    Price $500 subscription fee $100per round trip flight Marketing Mix and Communication Plan Product Flight subscription service for three round trip flights to major domestic locations. Place Flight tickets are available for major US hubs: Boston, Chicago, LA, Miami, New York, San Francisco, Houston, Seattle, Denver Promotion Heavily social media based “If you could fly anywhere without worrying about time or money, where would you go?”
  • 10.
    Pricing Plan ➜ Consolidatorsresell tickets for 20-70% lower than published prices ○ Paying 30-80% lower for tickets ➜ Average round trip flight in U.S. is $388 ○ We pay $116.40 to $310.80 ○ Average of $213.60 per ticket ➜ $500 Subscription Fee + $100 Per Round-Trip Flight # of Flights Taken per Month Cost Revenue Profit Profit Margin 1 $213.60 $600 $386.40 64.4% 2 $427.20 $700 $272.80 39% 3 $640.80 $800 $159.20 19.9%
  • 11.
    Sales Forecast andFinancial Objective ➜ Reach 12% profit within three years ➜ Estimated 38,000 business trips every day ➜ 28 trips=8 subscriptions ○ $6400
  • 12.
    Contingency Plan ➜ Setaside 5% of profit after breaking even to be prepared for refunds ➜ $100 service fees will not be refunded ➜ If one round trip has been taken, only two-thirds of the $500 subscription fee will be returned
  • 13.
  • 14.
    THE JETSET APPINTERFACE Place your screenshot here
  • 15.
  • 16.
    References "Airline Tickets: CheapAirline Tickets from 500+ Consolidators." Travel HUB. N.p., n.d. Web. 04 Dec. 2015. Blanco, Javier. "The Power of Youth Travel." (n.d.): n. pag. United Nations World Tourism Organization. Web. "Business Travel Spending to Rise Nearly 5 Percent in 2015, But "Erratic" Economic Drivers Limit Growth." Global Business Travel Association. N.p., n.d. Web. 24 Nov. 2015. Blanco, Javier. "The Power of Youth Travel." (n.d.): n. pag. United Nations World Tourism Organization. Web. "Discount Airfares, Consolidators, and Consolidator Fares." Discount International Airfares at Airline Consolidator.com. Airline Consolidator, n.d. Web. 24 Nov. 2015. Dorning, Jennifer. "The Young Professional Workforce." Department for Professional Employees. N.p., 2014. Web. “Expedia, Inc.” Hoover's. Hoover's, Inc., n.d. Web. 02 Dec. 2015. "JetSmarter, Inc." Hoover's. Hoover's, Inc., n.d. Web. 02 Dec. 2015. King, Danny. "Can Google Booking save Expedia-Orbitz?: Travel Weekly." Travel Weekly. N.p., 26 July 2015. Web. 04 Dec. 2015. Konwiser, Evan. "Dark Days for Online Travel Agencies." Tnooz. Tnooz, 13 Aug. 2013. Web. 06 Oct. 2015. The Motley Fool. "Amazon.com Inc. Takes Aim at Priceline, Orbitz, and Expedia With This Recent Move." The Motley Fool. The Motley Fool, n.d. Web. 06 Oct. 2015. Munarriz, Rick Aristotle. "Expedia and Priceline Want to Rule the Travel World." Daily Finance. AOL Inc., 18 Feb. 2015. Web. 06 Oct. 2015. Schaal, Dennis. "Expedia-Orbitz Merger Approval Could Be Soon as U.S. Senators Ask Justice Department to Take Hard Look." Skift. Skift, 30 July 2015. Web. 06 Oct. 2015. Schlichter, Sarah. "Airline Consolidators." TheIndependentTraveler.com. N.p., n.d. Web. 24 Nov. 2015. Shankman, Samantha. "Alibaba Launching New Alitrip Travel Brand, Going Head To Head With Ctrip." Skift. Skift, 28 Oct. 2014. Web. 06 Oct. 2015. "STA Travel Limited." Hoover's. Hoover's, Inc., n.d. Web. 02 Dec. 2015. "Surf Airlines, Inc." Hoover's. Hoover's, Inc., n.d. Web. 02 Dec. 2015. "The Priceline Group, Inc.." Hoover's. Hoover's, Inc., n.d. Web. 02 Dec. 2015. "Travel Facts and Statistics." US Travel Association, n.d. Web. 24 Nov. 2015. Trefis Team. "Competition Is Shaking Up the Online Travel Market." Forbes. Forbes Magazine, 5 Jan. 2015. Web. 06 Oct. 2015.