Published on March 13, 2014
Smart Traveler A Pole Vault Consulting Company Travel Consulting Business Idea
Story Line Our Genesis Our Journey Our Idea Our Workflow Commercial
Foreign Vacation – Our Plight!! Exorbitant costs - Singapore/Malaysia only fit the budget Standard with Half day for emporium shopping !! Double commission – local agents and its foreign counterpart Economical B&B/Guesthouse accommodations - not listed Group bookings with timetabled regimens – “Following the flag” Enticing advertisements but “T&C Apply” Can find cheaper on our own DO WE HAVE TIME ?
Our Endeavour • Travelling weekdays is cheaper than weekends ~ 4K per person • Travel portals offer good discounts on international flights/Credit Cards • Overnight Train is much cheaper than Night stay + Morning flight • Booking ticket through local websites is much cheaper than a rail pass • Renting a car from an aggregator is much cheaper than individual companies • Flexible trip dates can be a saving of atleast 30% in stays • Limited Early Bird tickets can offer upto 50% discounts Our Learnings – Few things which agents may not advise !! In 2008 we set out a goal to cover atleast one international destination a year
Our Trip Summary – We just got hooked !! Destination(s) Places Covered Duration Cost per Person (INR)(1) Year Europe Paris, Zurich, Lucerne, Bern, Basel, Vienna, Munich 11 days 73,000 2008 South Africa/Dubai Capetown, Knysana, Oudtshoorn, Hermanus, Dubai 11 days 75,000 2009 Egypt/Turkey Cairo, Alexandria, Abu Simbel, Luxor, Aswan, Istanbul, Cappadocia 10 days 65,000 2010 New Zealand/Malaysia(2) Auckland, Rotorua, Christchurch, Franz Josef, Queenstown, Milford Sound, Lake Tecapau KL 11 days 90,000 2011 China/HK HK, Macau, Guilin, Xian, Beijing, Shanghai 13 days 95,000 2013 Scandinavia Stockholm, Bergen, Flam, Oslo, Copenhagen, Helsinki 12 days 99,000 2014 Average cost per person INR 83,000 (1) The above costs are the total trip costs per person except for meals. Our offerings are listed on slide#7 (2) Per special offer by Malaysian Airlines of return ticket Mumbai – Auckland of ~INR 35K per person
Insight into our Savings – Our Proud Moments Point to Point ticket from Vienna to Zurich was Euro 49 at 1/3rd the normal price Early bird discounted Flam to Oslo ticket is 269 NOK v/s 540 NOK regular fare 5 Night stay inclusive of breakfast in Capetown B&B was INR 9780/- Two Day local Beijing city travel in only 20 Yuan or ~ INR 200/- Two Day Paris city travel in Euro 34 or INR ~ 2800 Car Rentals at ~ INR 1200 per day in New Zealand and SA Economical inter city travel in Egypt and China Return air ticket to Auckland at INR 34,800/-
This idea is about Travel consulting i.e. replicating what we have been doing for last 6 years for the benefit of bigger set of people
Our Value Proposition Affordability Optimized Bookings Rigorous Planning Research What to do? How to do? When to do? Experience • First Hand Account • Feedback Loop Transparency • No Hidden Costs • NO T&C Lodging/Boarding portals Ticketing portals Local country websites Aggregators Reviews Blogs Forums Guides/Books Personal Exp Other clients No Commissions Pay as we book
Our Offerings Research Bookings Personal Experiences Research • Offline and online searches to find out the best places to visit • Short listing of places to stay based on review and budget • Research and Analysis to eliminate “Middle of Peak” travel • Optimized travel routing to minimize cost and maximize time Bookings • Air Tickets – best deal from multiple national/international portals • Stays – affordable B&B accommodations; extremely clean & safe; added local flavor • Inland Travel – early bird discounted tickets using local websites/aggregators Personal Experiences • Leverage Past knowledge into building the itineraries • Incorporating Learnings from co-travelers • Imbibing best practices from our ongoing research and planning
Target Clientele •People looking to have an economical international vacation •People looking to explore non routine international destinations •People looking to explore places on their own v/s “following the flag” •People willing to try out multiple eating options •People looking to experience local stay rather then standard hotels •People with little flexibility in the trip timings Who can benefit from this? •People preferring to travel only in group guided tours •People looking for luxurious trip with high end accommodations •People preferring to have only Indian food •Commercially exploited destinations - India, Singapore, Malaysia and Thailand •Any private pick-ups/transfers/cabs between the cities/countries •Pre booked guided city tours/ Pre bought museum tickets •Meals We may not be able to add value to?
Benefits (1) Bed and Breakfast/Guesthouses Lodgings which are economical yet extremely good & safe places (2) Research using Trip advisor, Lonely planet, tourism websites, blogs, travel forums and online literature Monetary • 30% to 40% cheaper compared to others • No hidden charges - all bookings at cost with proof of payment • No commissions – all bookings directly with the source Non Monetary • TIME – We save you the hassle of Research and Planning • Extensively well researched travel plan – with best ways to explore cities(2) • Experience local culture by staying in budget lodgings(1) instead of standard hotels • Leveraging personal experiences • Transparent - all bookings come to your email account directly
Our Workflow Extensive research & Itinerary Optimization Client acceptance and itinerary sign off To & Fro Air bookings from India Inter country travel bookings Accommodations Payment # 1 Payment # 2 Payment # 3 D1 D2 D3 D1 to D6 are deliverables to client explained in next slide D4 D5 D6
Our Deliverables # Due On Deliverable D1 Itinerary sign off High level travel plan D2 Itinerary sign off Detailed trip costing sheet D3 Air Bookings completion Confirmations through email D4 Internal travel bookings completion Confirmations through email D5 Stay bookings completion Confirmations through email D6 Detailed Travel plan with What to do? How to do? When to do? Where to eat/shop..etc?
Commercials • R&D Fee only of 10% of the total trip cost for all travelers combined • Payable in three parts as illustrated below • 12.36% service tax levy on the total trip cost + R&D Fee • Payable in the final bill or in separate invoices (TBC) Our Charges Payment Terms Payment Particulars Payment Type Due On Payment Mode Payment # 1 Air Bookings (To/Fro from India) + R&D Fee Part 1 100% Advance Go-ahead from client on finalized plan Cheque/NEFT Payment # 2 Inter Country Travel (Trains/Flights/Bus/Ship) + R&D Fee Part 2 100% Advance Air tickets confirmation to client’s account Cheque/NEFT Payment # 3 Accommodations + R&D Fee Part 3 100% Advance Inter Country travel confirmation Cheque/NEFT
Website: www.smarttraveler.com Email firstname.lastname@example.org Contact Tarun Gupta @ +91-97117779031 Company Name: Pole Vault Consulting Facebook Contact Us
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