This document summarizes an analysis of the online travel agency MakeMyTrip. It provides information on MMT's company profile, offerings, market share, consumer touchpoints, and a study of 43 Indian travelers. Key findings include that 60% of hotel bookings are made offline, air tickets represent 95% of online transactions, and processing speed and customer care were rated positively but data entry needs improvement. The document indicates opportunities for MMT to expand into hotel/holiday services and implement service design interventions.
Analysis of a case study on India's No. 1 Travel Site, MakeMytrip.com. The presentation also contains the solutions to the questions raised after the case study.
This presentation include the history of MMT , early life of Mr.Deep kalra and how he get motivation for starting the MMT .their business model ,marketing strategy ,product mix ,SWOT analysis ,their awards .subsidiaries and acquisition ,CSR activities and corona virus impact on their business.
Hi,
This is Vikapla Case Study - Makemytrip. Deep Kalra, Founder and Chief Executive Officer, Travel and Tourism Market , Online Travel Services (OTS), Promotion.
Credits - Sanjay Kumar Kar is an Assistant Professor in Marketing and Assistant Dean (Academic Affairs) at the Department of Management.
Analysis of a case study on India's No. 1 Travel Site, MakeMytrip.com. The presentation also contains the solutions to the questions raised after the case study.
This presentation include the history of MMT , early life of Mr.Deep kalra and how he get motivation for starting the MMT .their business model ,marketing strategy ,product mix ,SWOT analysis ,their awards .subsidiaries and acquisition ,CSR activities and corona virus impact on their business.
Hi,
This is Vikapla Case Study - Makemytrip. Deep Kalra, Founder and Chief Executive Officer, Travel and Tourism Market , Online Travel Services (OTS), Promotion.
Credits - Sanjay Kumar Kar is an Assistant Professor in Marketing and Assistant Dean (Academic Affairs) at the Department of Management.
This presentation covers the key learning & insights of the renowned OTA goibibo.com. This presentation was made during SIP program & was considered for best Summer Internship Report during final evaluation.
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2. Company Profile
MakeMyTrip (MMT) found in April, 2000
Offices in 23 cities across India
4 international offices in New York , San Francisco, Singapore and Sydney
Several franchise locations
Major market share
Every eleventh domestic flights in India booked via MMT .
Source: Makemytrip.com
3. Offerings
Air Travel Hotel and Packages Other Segments
•Hotels : Domestic and Int’l •Rail
•Domestic : Within India
•Packages : •Bus
•International : From India
–Domestic and Int’l •Car
•Inbound : Overseas to India
–Conferences and Events •Ancillary Services/Products
•Rail Transactions : 185,948
•Transactions : 1,766,905 •Transactions : 109,672
•Bus Transactions : 57,529
•77% of Net Revenues •20% of Net Revenues
•3% of Net Revenues
Source: PhoCusWright, 2010
4. MMT Service
Search Engine
System Booking Facility
CRM
Interaction Offering
Airline tickets
Hotel reservations
Holiday packages
Website UI
Railways tickets
Travel Executives
Bus tickets
Call Centers
Car rentals
Customer care support
Interface
Makemytrip.com
Model Adapted from Service Design Offering Makemytrip store
by Dr. Daniela Sangiorgi, Lancaster University UK
5. Market Share
10%
18%
48%
24%
Indian OTA Market - $1 Billion
Source: PhoCusWright, 2010
6. Hotel
Transaction Traffic 40%
Online
Offline
60%
5%
Air ticket
10%
Holiday
Online
Offline Online
95%
Offline
90%
10. MMT Cases
Specially Chartered In Trial phase Positive response from
flights, following success Popular among western customers
of movie 3 idiots nationals
Plans to increase in this
>5000 passengers in 2 Growing Popularity among segment
months travelled to Leh Indians
in 2010
11. Rapidly Growing Middle Class
Estimated to constitute around 25% of Total Households by 2015 and 46%by
2025, controlling 44% and 58% of the total disposable income in the
country.
Growth in disposable income levels will drive future growth of Travel Market
in India.
Source: McKinsey 2010
12. India Internet Penetration
78% 76%
80%
70%
Internet Penetration
58%
60%
50%
36%
40% 32% Internet penetration in India - 7%
30% Number of users - 81,000,000
20%
7%
10%
0%
US Japan Europe Brazil China India
Country
Source: Internet World Stats
14. Internet widely used for information
Referrals, WOM
Buying Behavior Largely domestic travel
Check 3 websites before successful booking
Travel and Age group
Domestic Travel
International Travel
Religious Travellers – 50+ yrs
US/Europe/NZ– 45 – 50 yrs
(Vaishnov Devi, Chardham)
South East Asia – 30 – 35 yrs
Weekend Getaways – 20 – 35 yrs
15. Research Methodology
Primary research methodologies
Online Travel Agency (OTA) users consumer behavior.
Questionnaire about travel usage, occurrence of travel, preferred online
travel, service type etc.
Personal interview with the customers and stake holders.
16. Questionnaire Responses
Total Number of Respondents : 43
2
8
Everytime
Occasionally
Rarely
33
5
Air
OTA Usage
24 14
Train
Multiple
3
16 <5
Mode of Transport
<20
<40
24
Occurrence of Travel (Yearly)
17. Responses
Total Number of Respondents : 43
Cleartrip
2 4 2
5 Irctc
6 11
Airlines
Yatra
Railways
12 18 Makemytrip Multiple
Offline
2 Multiple
24
Offline
Preferred OTA Service Type
18. 5
1
2
Lengthy
11
Useless Acceptable
21 Bad
Too much Good
35
Sufficient 11
Processing & Speed
Data Entry Process
4 1
Excellent
18
Good
Satisfactory
20
Very Bad
Responses Customer Care Support
19. Interpretation
OTA Service Usage/ Reach Matrix
Usage for hotel and holiday services low.
Scope for improvisation and development.
Service design intervention could be a possible solution for
the problem.
20. Approach
Creating value for the users with respect to
service provided.
Incorporating into existing business process .
Delivering with required quality.
Adapted from Vinai Kumar
21. Ideation
Solutions for problem areas in service were identified by ideation.
Customer Retention :
Improve satisfaction level of the customer and increase customer
retention for the hotel and holiday segment.
New Prospects :
New prospects in the service industry pertaining to hotel and
holiday segment.
• Cricket hospitality package
• Pilgrimage tourism package
26. Conclusion
Indian Travel Industry , greater potentials to be uncovered.
Innovative packages, Convenient offers and lucrative deals
Solutions , Outcome of research conducted in a small scale.
Research needs to be taken forward and conducted in a large scale.
Understanding traveler’s behavior and striking the right move would benefit
travel agency greatly