Our innovative platform offers the travelers free, all in one space to : search, choose, plan, optimize and book their beloved trip.
all the trustworthy tourism giants that gained the trust of the people for many years are now in one space, partnering with our company.
We make trip planning process incredibly easy, flexible and pleasant. Combining on one page tourism giants and their services like: airbnb, booking.com, tripadvisor, Omio, skyscanner and much more...
The product need 6 months to reach its final MVP, that means launching the product will be in the second half of the year. The team will negotiate to gain investment for global market acquisition, which will increase the impact. The market acquisition is diversified in different regions of the world. The targeted area is based on the statistics and analytics of growing amount of tourists in different regions. Our aim is to connect Asia to Europe and America and vice versa.
Throughout the year of working together, the team has reached its goals. We can proudly say that our tech team has created the product prototype from scratch.
The tourism sector is one of the fastest-growing sectors in the world. In this section of our investment proposal we’d like to describe overall statistics & the trend of global tourism. For 2019-2020, UNWTO forecasts a 3-4% increase, in line with the historical growth trend. International tourist arrivals grew 6% in 2018, 1.4 billion according to the UNWTO. “Digitalization, new business models, more affordable travel and societal changes are expected to continue shaping our sector, so both destinations and companies need to adapt if they want to remain competitive, `` says Zurab Pololikashvili. The perceivable demand for the product is high, with already existing market demand, The total addressable market is 1.5 billion tourists in 2020 which increases to 1.9 Billion tourists in the year 2024. The share of tourists who use Web and mobile for tour planning is 62.5 % which equals to 948 Million tourists, which will reach 1.3 billion, which equals 67.5 % of total tourists in the year
2024. Targeting of the product is towards tourists who travel not only from country to country but as well the people who travel inside the country. The platform offers an opportunity to build in- country travel tours based on our algorithm and traveler needs. With our product all the interests are met, the people with disabilities have special filters to have more accessible locations, business travelers have special offers from the partners, budget travelers have the best and the cheapest deals for them. The only barrier which is possible to overcome with a large marketing campaign is an outreach to the people, the brand of Tripify.co must be as known as possible.
Problem or Opportunity
When we talk about digital tourism services that travelers need for trip planning, we mean going
through tons of websites, wasting time and additional money paying tourist agencies to avoid all
Our startup is oriented on customer needs and comfort. We are creating a platform where the
biggest online tourist company services will be connected to our platform, such as flight tickets,
hotels, car rental, restaurants, museums, sightseeing and many other services that travelers need
to get during their trip. There is a large amount of information on the internet and it’s hard to
manage all of it and make the right decision for a person who is on a budget not only money, but
time and energy wise too. Avoiding this discomfort brings the customers to the travel agencies,
where the companies sell pre-planned trips, which are not even close to being exclusive.
According to our research, not a single online platform has the kind of service to offer to the
customers, that we do.
Solution (product or service)
Tripify.co is a one-pager, the most user-friendly platform, which travelers will have their hands on. We offer smartest and the most time-efficient way of trip planning that has yet entered the market. We combine unique features with our main page user experience, based on the interests and a budget of the traveler - with just one click, our smart generator will plan one’s desired trip. We tried to be different and innovative, yet relevant. Analyzing the weaknesses of the competitors, lack of user experience and unsophisticated algorithms, was the main reason for us to create the platform. Our platform plans trips for business and leisure travelers and not only them but for people with disabilities too. This means that trip can be fitted to any person’s needs.
There are a couple of companies that are generating revenue based on the product. There also are big companies considered as indirect competitors who we will partner up with. These are the companies which offer trip planning system with other services, but their user-experience is unsophisticated, meaning the traveler has to do basically everything manually, which leaves the goal unachieved both for the company and the customer. The companies which are listed below are representing the competitive market in which we are entering our unique product. These companies are already operating globally. Most of them do not have the features like us: No optimization algorithm, no cross-device, only partially time estimation, no money/spending prediction, have no transportation offer, are not all in one-page planners and have no flight price comparison. The companies are : Tripit, Inspirock, TripifyApp-Spain, Portugal and South America, TravelHobo - India.
Advantages or differentiators
The startup tripify.co has optimization algorithm, is cross-device, has full estimations, has money/spending prediction, has transportation offer, is all in one-page planners and has flight comparison algorithms.
The advantage is that since the company is an aggregator of the leads, the large companies are happy to partner with us.
The financial model is based on cashback from an affiliate program - the approximate amount is 13 dollars per person net.
The business model considers in itself Affiliate cashback from the partner websites based on the number of successful bookings that were made by the user. The cashback model gives you up to 50 percent of net income from single booking-redirect.
Money will be spent on
The money will be spent on the development process of an MVP which will take 4 months, as well as the maintenance fees, SEO and management expenses. The spendings are already managed throughout the year and is discussable with an investor and interested person on demand.
Offer for investor
Note : Tripify.co is a virtual zone company which is free of VAT 18% lifelong