Posts Tagged ‘ytb travel’
I had the chance, YTB Travel on a book he wrote (you can get a copy of this book from the link above), and my analysis is somewhat surprising to analyze. I learned a lot from this book.
I had to look objectively at the YTB concept of business, and although it has its strengths, there are also some very deep flaws.
This “critical success factors” that I have my research on the basis showed me where YTB Travel has not themselves and their distributors.
Some deep flaws in the compensation plan YTB Travel:
Unique consumable products: A company does not “consumer goods” when all it is time you get a commission of representatives is by registering and receiving a small monthly residual for the opportunity to use their website.
Competitive pricing: It will be hard to compete with the likes of Travelocity and Expedia. The market is as competitive, and commissions in the industry are almost non-existent. This is traveling “in part” on the elimination of commissions to the agents of the airlines. The only way to travel agents still make money is by encouraging clients to “upgrade options available.”
Read the rest of this entry »