10 point pitch/Premise on why @PickYourTrail has a solid shot.
1. Increased air connectivity
Goair has launched direct flights from Mumbai to male. Blore to male. Blore to Phuket. We have had more than 50 new international routes from india added in the past 12 months.
1. Increased air connectivity
Goair has launched direct flights from Mumbai to male. Blore to male. Blore to Phuket. We have had more than 50 new international routes from india added in the past 12 months.
2. Domestic fares much greater than international ones. (Mostly true for short haul trips and even some long haul trips)
I did MAa-BOM-maa last month. Same dates MAa-SIN-MAA was cheaper. So was BKK return. Vizag Perth return at 18k. Jaipur Bkk return 6k.
I did MAa-BOM-maa last month. Same dates MAa-SIN-MAA was cheaper. So was BKK return. Vizag Perth return at 18k. Jaipur Bkk return 6k.
3. More countries will go visa on arrival.
Malaysia has E-visa. NZ and Aus as well. Turkey too. The power of the indian passport will only increase over time.
Malaysia has E-visa. NZ and Aus as well. Turkey too. The power of the indian passport will only increase over time.
4. Customer behaviour will change wrt to making high ticket purchases online
internal data shows credit cards with enhanced limits —> more folks making 2-3L INR transactions online. This will soon become norm if info + pricing is right. No one enjoys hopping 40 sites to plan.
internal data shows credit cards with enhanced limits —> more folks making 2-3L INR transactions online. This will soon become norm if info + pricing is right. No one enjoys hopping 40 sites to plan.
5. True personalisation in travel through real time data + interest discovery
We have close to 10000+ customer preferences. As more consumers come online, more cohorts —> better personalisation On trip and pre-trip. Better delight —> stickiness —> higher LTV.
We have close to 10000+ customer preferences. As more consumers come online, more cohorts —> better personalisation On trip and pre-trip. Better delight —> stickiness —> higher LTV.
6. Ancillary hurdles will dissolve - international roaming will become super cheap. Insurance purchase has become online. Forex cards will soon outsell currency txns.
7. Birth of travel consultants Leading to trust in travel agent recommendations.
Online discovery and reviews will drive travel agents to up their game. Tourism boards are also investing heavily in certification programs to accelerate this phenomenon.
Online discovery and reviews will drive travel agents to up their game. Tourism boards are also investing heavily in certification programs to accelerate this phenomenon.
8. Supply goes online or will be bought online
We add 5 new API partners at scale this year. Out of this 4 didn’t even have an API last year. This will only continue to increase in the coming years. Huge advantage for price discovery platforms like @PickYourTrail.
We add 5 new API partners at scale this year. Out of this 4 didn’t even have an API last year. This will only continue to increase in the coming years. Huge advantage for price discovery platforms like @PickYourTrail.
9. Pricing parity for online supply
This will take a while to happen. But As more and more suppliers come online, there will be increased pressure on aggregators to maintain rate parity. Is already happening with 4* hotels.
This will take a while to happen. But As more and more suppliers come online, there will be increased pressure on aggregators to maintain rate parity. Is already happening with 4* hotels.
10. Travel will attract great talent
Over next 2-3 years.
Look around - not many travel tech Co in india. As the above points unfold, you will see exciting roles for statsicians, ML experts and programmatic buyers. And with great culture PYT should be a good bet :)
Over next 2-3 years.
Look around - not many travel tech Co in india. As the above points unfold, you will see exciting roles for statsicians, ML experts and programmatic buyers. And with great culture PYT should be a good bet :)
@threadreaderapp do your magic pls :)
