pitch deck draft – new design
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
Cost
Travelling cost abroad is very high for most people
Solo Traveling
Travelling alone is difficult and incovenient
Consumer behaviour
Travelers prefer to pay more for shopping and reduce their travel cost.
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.
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
TRAVCOM & TRAVPAY

TravCom:
Travpay:
Variable Cost:
+ Hotels + Tickets (Flight + Entertainment)
Fixed Cost:

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

Travcom’s backend design
Travpay (Website & Mobile app)
- 1. Payment in foreign currency
BOOKING PROCESS
PREVIOUS REAL BUSINESS CASE STUDY

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
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
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


COMPETITION’S COMPARISON
(TFB) | Alitrip | Taobao | C-Trip | TRAVELOKA | TIKET.COM | MG HOLIDAY | BOOKING.COM | AGODA | TripAdvisor | |||
---|---|---|---|---|---|---|---|---|---|---|---|---|
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
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
FINANCIAL PROJECTION


EXIT STRATEGY OPTIONS


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 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, 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