pitch deck draft – new design

Travcom GDS

EARLY-STAGE TRAVEL STARTUP WITH
CUSTOMER VALIDATION AND CASH FLOWS

We are addressing the industry problems of high price for foreign travel.
Our app, TRAVCOM, helps reduce the expensive abroad traveling.
Imagine the profit if we attracted everyone in the world to travel, since people don’t have to spend too much for hotels and airlines!

PROBLEM’S IN THE INDUSTRY

  • prob-icon-001

    Cost

    Travelling cost abroad is very high for most people

  • prob-icon-002

    Solo Traveling

    Travelling alone is difficult and incovenient

  • prob-icon-003

    Consumer behaviour

    Travelers prefer to pay more for shopping and reduce their travel cost.

  • prob-icon-004

    Limited Services

    Big group travelers often demands to travel in one plane at the same time but hey always find difficulty making such a reservation.

  • prob-icon-005

    Foreign Currencies & Exchange

    Many foreign traveler wants to pay cash but has no local currency cash.

Our Solution for the Industry:
Develop & Launch “Travcom & Travpay”

BUSINESS MODEL

Business-Model

TRAVCOM & TRAVPAY

Economies of scale

TravCom:

  • Economies of Scale
  • Combined Global Distribution System
  • (GDS) Integration
  • Travpay:

  • Shopping Tour
  • Variable Cost:
  • Travel Package = Tour Guides + Meals
    + Hotels + Tickets (Flight + Entertainment)
  • Fixed Cost:
  • = Website/Applications/etc
  • TRAVCOM  &  TRAVPAY

    Case 1 – Unable to earn economies of scale

    Q : 50 TRAVELERS
    1 Tour Guides
    → total : $400 x 1
    50 Meals @ $8/meals x 2
    → total : $800
    25 Hotels rooms @ $100/room
    → total : $2,500
    100 Flight Tickets @ $500/ticket
    → total :$50,000
    100 Entrance Tickets @ $100/ticket
    → total : $10,000
    Total Travel Package Cost : $63,700
    Total Cost Per-Person (Average Variable Cost) : $1,274
    Total Price Per-Person : $1,274*1.1 = $1,401
    Bank Transaction Fee @ 3%*$1,401 = $18
    Net Profit Per-Person @ 10% : $1,401 – $1,274 – $42= $85
    Total Net Profit : $85*50 = $4,268

    Case 2 – Successfully to earn economies of scale

    Q : 500 TRAVELERS
    10 Tour Guides @ $400/TG
    → total : $4,000
    500 Meals @ $7/meals x 2
    → total : $7,000
    250 Hotels rooms @ $90/room
    → total : $22,400
    500 Flight Tickets @ $450/ticket
    → total :$225,000
    500 Entrance Tickets @ $90/ticket
    → total : $45,000
    Total Travel Package Cost : $303,500
    Total Cost Per-Person (Average Variable Cost) : $607
    Total Price Per-Person : $607*1.1 = $668
    Bank Transaction Fee @ 3%*$649 = $20
    Net Profit Per-Person @ 10% : $668 – $607 – $20= $41
    Total Net Profit : $41*500 = $20,335

    Application Design

    Travcom website

    • 1. Mathematical Algorithm
    • 2. Share Button & shown in Google
    • 3. Open Trip
    web-app-001

    Travcom’s backend design

    diagram

    Travpay (Website & Mobile app)

    • 1. Payment in foreign currency
    • Travpay

    BOOKING PROCESS

    booking-process030

    PREVIOUS REAL BUSINESS CASE STUDY

    First Travel

    First Travel

    A tour and travel company based in Indonesia named “First Travel” was alleged for fraud activity by promoting a half price pilgrimage tour package that starts from Indonesia to Mecca (Saudi Arabia). The company succeeded to make sales amounted Rp 848,000,000,000
    (approx: $ 62,601,266) but was not able to make a successful bookings toward the local supplier in Mecca due to conventional bookings. The victims were low cost travelers with low income family from Indonesia.
    http://www.thejakartapost.com/news/2017/08/22/court-orders-first-travel-to-repay-customers.html

    Tours4fun

    Tours4fun

    An American based tour and travel company named tours4fun (toursforfun.cn) has successfully created a promotion strategy through travel companionship program. Therefore, they succeeded to bring millions of tourist. But, their travel price is not cheap.
    https://www.tours4fun.com/travel-companions/

    booking.com

    Booking.com

    Online travel agencies such as booking.com is the most innovative and dominant market players in this industry because of the convenient way of reservation and cheap price. Thus, more than 50% hotel reservation has been dominated by such online travel agencies.

    OUR COMPETITIVE ADVANTAGE & INNOVATION STRATEGY

    Travcom
    Travpay

    COMPETITION’S COMPARISON

      (TFB)AlitripTaobaoC-Trip
    TRAVELOKA
    TIKET.COMMG HOLIDAY
    BOOKING.COM
    AGODATripAdvisor 
    TravPays
    TravCom
    MICE Organizing
    GDS INTEGRATION
    Airlines Ticket
    Hotel Reservation
    Tour Package
    Entrance Ticket
    Car Rental
    Train Ticket
    Atraction & Activities
    Top-up Phone Credit

    Marketing Plan & Phase

    market-size0555

    SWOT Analysis

    STRENGTH
    – Cheap Service
    – Diversified
    – Professional Employees
    – User Friendly IT System

    OPPORTUNITIES
    – Competitors High Price
    – Big & Growing Market
    – Service that is difficult to copy
    – First Innovation Technology

    Market & Industry Analysis

    Porter’s Five Forces Analysis

    market-indystry-analysis

    Barriers to Entry and Penetrations

    1. Math’s Algorithm, Innovation, and Product Differentiation
    2. Branding and Predatory pricing
    3. Access to Outbound Travel Agencies and Local Suppliers (B2B)

    FINANCIAL PROJECTION

    Financial Projection
    expenditures0001

    tourists0001

    EXIT STRATEGY OPTIONS

    Strategy
    IPO

    COMPANY’S BACKGROUND

    • Yearly revenue traction of +$100,000 and monthly recurring revenue +5000
    • Operated for 2 year
    • 70% Chinese & Indian Market
    • Vision: Empower People’s Travel Ability
    • Mission: Design a travel that everyone may embrace.
    • Maximizing Shareholder Value
    Ilham Bachtiar

    Ilham Bachtiar S.E, MBA

    As the founder he is the CEO and Chairman of TourfromBali starts his career as a finance auditor at Ernst & Young in 2012. He has taken his life-long love of travelling and has visited numerous tourist spots. Ilham is analytical, profit-focused expert in cost reduction and budgeting. When he is not busy, Ilham enjoys stock trading, sports, and traveling. Ilham holds MBA from University of Illinois at Urbana Champaign with a concentration in Specialized Finance. He also holds a Bachelor’s of Economy Degree from University of Indonesia

    Rinaldi Akbar S.Kom

    Rinaldi Akbar S.Kom

    Rinaldi Akbar, will be the web developer who’s mostly takes charge of this API Project. He has more than 10 years of website developing with similar workflow of this project. He has experience with Amadeus, vntrip.vn which is an official Booking.com partner. It uses API from booking, front end with js, and backend with python. He will switch to the micro service architecture in the future. Front end uses meteor but the backend service is not meteor but python. He holds a Bachelor of Computer Science from University of Indonesia.

    OUR EVENT’S

    Fashion show

    Time: 4 days
    Location: Surabaya
    Participants: 200 people

    Bank training activities

    Time: 3 days
    Location: Medan
    Participants: 489 people

    Traditional Javanese dance

    Time: 4 days
    Location: Yogyakarta
    Participants: 680 people

    Concerts

    Time: 3 days
    Location: Jakarta
    Participants: 2200 people

    Fundraising events

    Time: 1 days
    Location: Jakarta
    Participants: 97 people

    Local television programs

    Time: 3 days
    Location: Jakarta
    Participants: 190 people

    Wedding events

    Time: 1 days
    Location: Bali
    Participants: 1640 people

    Download Business Plan Proposal

    Download PDF

    Contact

    Our Goal