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Taking Over the World One Flight at a Time (Sky...
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themisseducated
October 23, 2013
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Taking Over the World One Flight at a Time (Skyjet)
themisseducated
October 23, 2013
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Transcript
Presented by: Presented by: Taking Over the World One Flight
at a Time
! ! Y Combinator-Backed GetGoing Helps You Find Big Discounts
On Airfare — If You Let It Choose The Destination. TechCrunch, March 2013.
! ! wego.com 160 million unsold tickets
! ! wego.com US$25 billion lost revenue
! ! Problem #1: Airlines need to find cost-efficient !
sales channels to reduce the number of unsold seats.
! ! wego.com How can you grow your airline without
rapidly burning through revenue?
! ! More and more consumers now prefer to book
their flights directly. * A new problem for OTAs: Airline websites are outselling them in the US. TNOOZ. May 2013. PhoCusWright report.
! ! Problem #2: Not enough consumers book directly, because
online travel agencies allow them to compare prices.
! ! They don’t want the hassle of visiting different
websites.
! ! Solution: Allow consumers direct booking with your airline
on Wego.
! !
! ! wego.com Let us be your online partner.
! ! Including these online travel agencies and aggregators.! In
the same way that these hotels partnered with us.!
! ! And major commercial airlines from all over the
world.!
WHY WEGO?
! ! Wego is like a grocery store. It’s a
traveler’s one-stop shop for travel deals and promos.
None
None
None
! ! wego.com Users: We let them COMPARE.
! ! wego.com Partners: We send you CUSTOMERS.
YOU have the product.# We bring you the MARKET.
! ! By the way, we are NOT! an online
travel agency.
! ! As a grocery store, Wego partners with OTAs,
carriers, and hotels, so we can show products over several hundreds of websites in one click.
! ! Wego is a travel search engine— a powerful
service that serves up flights, accommodation, and deals from over 700 websites.
! ! wego.com Hotel Chain OTA Internal Listing OTA
! ! OTAs have their own booking system.
! ! wego.com On Wego, customers book directly on your
website.
! ! wego.com And you get to own your customers.
! ! Benefit #1: Show your exclusive direct booking deals
& perks to improve click-through.
! ! Higher Click-Through = More Revenue!
! ! Even if you’re not the cheapest airline out
there, brand matters! to consumers and booking directly gives them peace of mind.
! ! wego.com Benefit #2: Consumers are eager to purchase
that extra legroom or baggage allowance if given the chance. SHOCKING: Everyone wants OTA disclosure of all airline fees! TNOOZ. September 2012.
! ! wego.com Ancillary Products = ! More Revenue!
! ! wego.com Benefit #3: Build lifelong relationships with frequent
flyers.
! ! wego.com REPEAT PURCHASE = MORE REVENUE!
Wego is the next step in your EXPANSION STRATEGY.
! ! Travel businesses develop a sustainable growth model by
tapping both global and local markets.
! ! You need to GLOCALIZE.
! ! GLOCAL Global! overseas market Local! Philippine market
! ! The most efficient way of going glocal is
by going online.
! ! Influence of content in travel industry. TNOOZ. 7
March 2013. More than half are influenced by the INTERNET when planning their trips.
! ! In fact, over 60% of travelers now begin
research by going ONLINE. Online travel market. European Travel Commission. 29 June 2013.
! ! wego.com Fifty-seven percent (57%) of travel reservations last
year were made ONLINE. Internet travel hotel booking statistics. Statistic Brain. 18 June 2013. | With sources from eTrack, eMarketer, and Alexa.com.
! ! Our global traffic has been growing by a
monthly average of 7.8% since January 2012. For the first half of 2013, an average of 4.4 million visitors dropped by Wego monthly.
! ! Globally, the Philippines is the 6th largest market
in terms of search revenue and the 7th largest market in terms of traffic.
! ! And when you go global, you will be
encountering different localities.
! ! GLOCAL Global! aggregate market Local! individual markets
! ! Wego has 52 country sites, is available in
over 30 languages, and converts prices to 42 currencies.
! ! !ّ#$َ&َ'ْ)ا Wego is the #1 travel search website
in the Middle East. We’re also the only one to offer flights and hotels globally in Arabic.
! ! wego.com We have awesome partners who send us
traffic to our website. By the way,!
! ! I Abu Dhabi Tourism Board — visitabudhabi.ae
! ! I Melbourne Airport — melbourneairport.com.au
! ! I Saudi Tourism — sauditourism.sa/en
! ! I Yahoo! News Philippines — ph.news.yahoo.com
! ! I Yahoo! News Singapore — sg.news.yahoo.com
! ! I Singapore Tourism Board — yoursingapore.com
How do you show up on Wego?
! ! #1: Appear on our flights metasearch listing.
None
! ! Solution 1: API Integration! You can provide the
airfare directly to wego.com via your API.
! ! Solution 2: Integration via GDS/CRS! Fare information is
extracted from GDS/CRS to wego.com.
! ! Solution 3: Scraping! ‘Scrapers’ extract information from your
website and feed it to wego.com.
! ! #2: Place your advertisements on our Wego pages
and our ad network’s pages.
None
None
! ! I Leaderboard Ad — 728x90
! ! Skyscraper Ad — (160x600)
! ! MREC — (300x250)
! ! Featured Deal
! ! Catfish Ad
! ! We use digital advertising technology to ensure that
people are not just seeing your ads. They’re clicking on them, too.
! ! We show your ads only to visitors who
will find your products and offers relevant. We can tell who they are based on their behavior on our website.
! ! We show your ads only to visitors who
will find your products and offers relevant. We can tell who they are based on their behavior on our website.
! ! We show your ads only to visitors who
will find your products and offers relevant. We can tell who they are based on their behavior on our website.
! ! wego.com Click-through rate (CTR) of 0.1% | Ten
horrifying stats about display advertising. HubSpot. 29 April 2013. The average online ad is only clicked 0.1% of the time.
! ! wego.com Click-through rate (CTR) averages between 0.5 percent
to three percent (3%) and can go as high as five percent (5%). Ads on Wego are five times more likely to be clicked.
Interested to hook up with Wego? We’re excited to talk!
! ! wego.com Contact Wego’s dedicated Philippine Market Development Manager:!
ELIZA J. DIAZ Email:
[email protected]
! Skype: lizjdiaz LinkedIn: sg.linkedin.com/in/elizadiaz!