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Travel Agency
Project Pitch
Headline
Provide exceptional Travel Services which fits
every pocket!
Problem
Most Travel Services too focused on either
locations or target group defined by allowed
budget.
This leads to a problem when you actually
want to explore all possible options (locations,
price, options) without using many services.
Solution
Deliver Travel Agency service which has more
locations covered, more amenities, and
provide all options, from economy to luxury
Why now
More people are beginning to use online sites
for Travel planning & booking. Providing a
service with more locations covered and
selection of destinations for all budgets will
attract users which are open for any options.
It is a matter of time when similar Travel
Agency service will appear.
Market Size
About 0,1% of country population per month.
For example for European Union it's about
500k orders per month.
Competition
Travelocity -
           http://www.travelocity.com


Expedia - http//www.expedia.com
 
Product
Online Travel Agency with big set of locations
and travel options
 
Roadmap:
Phase 1: Initial set of features with
destinations for markets with small
competition
Phase 2: Full feature set with destinations for
all markets
Business Model
Tourist bookings
Referral fees for other businesses
 
Customer Acquisition Plan
Social networks as the most effective service
for this type of business
Word of mouth (after initial SEM campaign)
 

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Travel Agency (Venture Lab 2012 Pitch)