In India, the travel and tourism industry is one of the largest and most important fields. According to the United Nations World Tourism Organization (UNWTO), the travel and tourism industry honestly provides 67 percent of all jobs worldwide and much more indirectly through the multiplier. Out of 184 countries in terms of GDP and tourism industry contribution, India’s travel and tourism industry ranks 12th and India’s tourism industry will grow by 7.8% annually between 2013 and 2023. So here is the great way to start the travel business in India.
Create a plan for travel agency
Define your target group, for example women over 25, married couples etc. what do you offer them? For example 10 day trip to Singapore, 5 day beach package Goa, decide prices and benefits, write your marketing strategy. Would you like to advertise? Newspaper brochures, Facebook advertising. How do you manage your accounts? Choose good business software to manage your cash flow and contacts.
Find out the current trend
Do market research to find out what type of travel agent the market really needs. Check with your local community. Check the BanBanjara LLP company site to get a more clear image of the current market, as they put all the current trends on their site. Perhaps there is an opening in the travel market to offer adventure honeymoons in destinations for young couples who prefer backpacking rather than relaxing on the beach. See if your people are looking for customizable vacation plans.
Build a brand of the agency
Offer competence, not just service. Build a strong brand image. Define how you want your customers to feel when they visit your place, website, see your advertising, or use your services. Think about it: what experiences can I give you that others can’t? Offer unique services such as Partnerships with the locals of your travel destinations that customers would otherwise not have access to.
Get all the legal certifications done for your agency
Get all of the general licenses you need before starting a travel agency. vary depending on the state and country. Choose your company structure and get your GST registration. Name your company and get your GSTIN number.
Gather all the funds needed for the agency
How do you want to finance your new travel agency? Fortunately, you don’t have to buy expensive equipment, and you probably won’t need a lot of space to start with. You may need some cash to rent office space, initial branding, and advertising. Many travel agencies are funded by families. If you can start one with your savings. Otherwise, apply for small business loans.
Pick your office at a good area and easily accessible
Choose your office space. Determine the location of your company. However, it’s only one option. Even work from home if you can. The advantages of a travel business from home are: Less effort and time flexibility! Highlight your presence on the internet. But it’s extremely important to be online.
Hire staff
Hiring good support staff can sometimes mean the difference between success and failure, whether you’re gaining more customers or losing them all the time. Opening, filing, answering phones, etc.) you can concentrate fully on new customers. You may not need one to get started until you decide to expand your business.
Promotion of the agency
Think about how you would like to promote your travel agent. Word of mouth, local advertising, and referrals from others are ways to increase traffic to your travel company. In general, offline advertising can be very expensive, but don’t miss out.
Also make your business online with all the necessary information included
Market your travel business online. It is important to recognize that this generation of consumers is increasingly relying on the Internet for information. Most travel-related reservations are made online. Accept all ticket reservations such as bus reservations, train reservations, flight reservations online. In the end, you will win much more loyal customers. Always make a strong online presence.
Set a smart prices
Set smart pricing Set fair prices No more, no less! Before setting your prices, find out what other travel companies in your community charge for their packages. Find out what the competitor’s fees are. A simple phone call to request your brochure and pricing should be enough. Then set your prices. So that you can compete with everyone else in the community. Before setting your prices, make sure you have listed all of your expenses. There’s nothing worse than setting your prices, getting your customer to pay you on time, and then finding out that you are lost.