At ONE4 we are engaged in providing travel and tours services to residents of UK, now we are launching our Android & IOS application where a traveler can book everything related to their travel.
Current Status
We are making 40% profits on current model, and we are hoping to make 60% profits after the launch of our application. Our sales for the month of May 2022 in $48000
Market
The total Market size of travel industry is $637bn approximately and it is forecasted at $950bn by 2026 with the growth rate of 10.47% annually.
The targeted market of travel company is had variations from a single person to multinational enterprises.
Problem or Opportunity
As travel business has largest market share in terms of money, also there is alot of competition in this industry but from past few months we are working in this industry and have proven records of attracting customers and having business from them. Also at this point the application which we are looking to launch doesn’t have any competition so it means we can play openly and serve the community as well as make profits.
Solution (product or service)
Our app will help every individual who is looking to travel anywhere in the travel. As it solve their hassle to go to travel agency office and wait in the lines by using our app one can book each and everything related to their travel with ease of sitting at home and saving time.
Competitors
Currently we are having multiple competitors who are working on our model, but our competition will be zero when we will launch our app as currently there is no application launched on the model on which we are going to.
Advantages or differentiators
The first and main advantage is that our customers don’t have to go anywhere or contact anyone they will book everything from the application & the main differentiator is that we will be the only who are working on this model in travel industry.
Finance
Currently we are providing holiday tours and holy travel services and from these two we are having more than 40% profit which are will increase upto 60% to 65% aftet launching out customized application.
Business model
We are the metrics by which we are providing services currently:
Online through our website.
Inbound Calls.
Cold Calling.
Physical Visit by clients.
And now we are looking to provide services through our Android & IOS application.
Money will be spent on
Money will be spent on following:
Development of application.
Taking licenses for launching in multiple countries.
Marketing.
Office development on different locations.
Offer for investor
We are open to offers by investors which will make their interest.
