tourism industry in india f
TRANSCRIPT
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S U B M I T T E D B Y :
P A R U L T A N D O N ( 0 3 3 )
P I Y U S H G R O V E R ( 0 3 4 )
P R A T I S H T H A B H A L L A ( 0 3 5 )P R I Y A N K A S A R O H A ( 0 3 6 )
P U N E E T A R O R A ( 0 3 7 )
TOURISM INDUSTRY
IN INDIA
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WHAT IS TOURISM?
Tourism is travel for recreational or leisure purposes as
well as for business purposes.
Tourism is the temporary, short-term movement of people to destination outside the places where they
normally live and work.
Tourism industry is all businesses that cater to the needs
of the traveling public.
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third largest retail industry following automotive & food stores
nation’s largest service industry
one of the nation’s largest employers
Tourism Industry
Hospitality
Retail (Shopping)
Stores
Transportation
Services
Destination
(Activity) Sites
TOURISM INDUSTRY
LodgingOperation
Food & BeverageOperations
Tourism industry is
Segments in the Tourism Industry
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INDIAN TRAVEL GUIDE
• Are travelling for business purposes.28.8%
• Attending a group conference or meeting.
25.3%• Are on vacation.24.6%• are traveling for other reasons (for example,
personal, family, or special event)21.8 %Source: Hotel Operations Management, Hayes/Ninemeier
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KEY SERVICES TOURISM PLAYERS MUSTPROVIDE
Accommodation
facilities
Catering
services
Customerdemand-driven
packages
EconomicalHospitality Transportation
facilities
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GOVERNMENT INITIATIVES
Government has taken many initiatives to promote
tourism in India. These include:
INCREDIBLE INDIA campaign
ATITHI DEVO BHAVA
Various infrastructure and building initiatives
Promotes Religious Tourism like Buddhist Accolades.
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MAJOR PLAYERS
Make My Trip.com
SOTC (Kuoni Travel India Pvt. Ltd)
Cox and Kings India Limited
Yatra.com Thomas Cook
SkyLink Travels
Club Mahindra
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MAKE MY TRIP
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Customer Segments in IndianTravel Market
Indian Travel
Market
International
Travelers
Domestic
Travelers
Inbound Travelers
(Inbound Market)
Outbound Travelers
( more than 6 millions)
Holiday &Sightseeing
BusinessTravelers
Conferenceattendance
Visiting friends &Relatives (VFRs) Students
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Marketing mix for services
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makemytrip’s promotion
MMT offers travel insurance and Business Lounges in
India and overseas for all travelers
MMT provides valuable shopping discount booklets
MMT provides pick up and drop services for all airtravelers.
Promoting services with strategic alliances with brands
like Coke, Sify.com, Maruti Udyog and Nokia etc.
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makemytrip’s people
An essential ingredient to any service provision is the use ofappropriate staff and people. Recruiting the right staff and training
them appropriately in the delivery of their service is essential if the
organization wants to obtain a form of competitive advantage.
Consumers make judgments and deliver perceptions of the service
based on the employees they interact with. MMT Staffs have theappropriate interpersonal skills, aptitude, and service knowledge to
provide the service that consumers are paying for.
Most trusted name in the industry, MakeMyTrip's spectacular success
is in no small part due to the unblinking vision of its senior
management team and the dedication of its employees. MakeMyTrip
employs over 700 “Trippers” from the travel, tourism, hospitality and
technology industries.
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makemytrip’s process The process mix constitutes the overall procedure
involved in using the services offered by the MMT. Aprocess should be such that the customer is easily ableto understand and easy to follow.
The smaller and simpler the procedure, the better theprocess, and the customer will be more satisfied.
It Refers to the systems used to assist the organizationin delivering the service.
.
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Customer
Real Time Airline
Booking
Hotel Reservation
System
Car Rental
interface
MMT Sales
(CSRs)
MMT
Ticketing Fed Ex
Customer
MMTOperation
Airlines
Consolidators
Hotels
Car Rental
MMT Sales
Web Site
Content
TourOperation
Net Carrots
Online Interface
With MMT
Offline (after sales) Interface
Makemytrip.comInterface
mmt’s Business model & operations
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makemytrip’s physical
eveidence Physical evidence is the overall layout of the place i.e.
how the entire MMT office has been designed. Physical
evidence refers to all those factors that help make the
process much easier and smoother.
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• Deep Kalra is thefound the make my trip.com as a Privateequity, with investmeof 0.4millionUSD.
• MMT operates as aTwo separate entitiesMake my trip India anMake my trip inc.
• USD 1.5 billion NRImarket world wideOutbound travelingincreased by 30 %
• In India Inbound andOutbound travel marketgrowing 20 % annually.
• Global giant
company’s in thisfield like Travelocity ,Orbit, Priceline andExpedia.
• Most of Airlinesencouraging direct
online purchasing
• NRI population in U.Sand U.K is increasing
• Consumer life ischanging
• People need service inless time.
• Indian people are
price sensitive• Corporate tie-up
Customer Competitors
CompanyContext
Situation Analysis of Travel
Market using 4C Framework
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mmt’s marketing
Strategy
Customer focus with
operational efficiency
and customer
intimacy.
mmt’s target
Market
More than 14 million
NRI Population in
U.S., Europe and Asia.
More than 9 millionIndians customers
travel abroad.
International and
Domestic Holiday
packages increasing
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mmt’s advertising
& Communication Strategy
MMT’s advertising and communication strategy on
three pillars---
1. Convenience of 24/7 service
2. Reliability
3. Competitive Pricing
Promoting services with strategic alliances with brands
like Coke, Sify.com, Maruti Udyog, Nokia etc.
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mmt’s positioning
MMT position as a single portal for all travel and
accommodation needs. Its appeal reliable travel
booking with Excellency.
MMT aims to position itself total provider solution with
convenience as key drive its strategy to attain the costleadership which will help is to sustain growing
competition in the future.
Being the entrant and cost leader the company will
able to achieve sustainable advantage.
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MAKEMYTRIP VALUES
MMT’s
Values
Respect
forPeople
Empowerment
Teamwork
Fun@Work Accountability
CustomerCentricity
Excellence
Innovation
Integrity
Passion
forWinning
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Review and Control Strategy
All calls are recorded & periodically examine toimprove the quality output of customer care
executives.
Each web chatting and emails are saved in MMT’s
system for constant monitoring of the service qualitygive to the customer.
MMT from a dedicated set of executive to service
sophisticated corporate and general sales business.
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mmt’s contingency strategy
MMT anticipates periodic analysis on customers
behavior and critical market strategy. It will to help
new marketing, sales and new products.
To improve the operational efficiency andtechnological advancement MMT has plan to invest
money.
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SOTC (Kuoni Travel India Pvt
Ltd.)
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ABOUT
Established in 1949 in Mumbai
By 1968, it became one of the top 10 travel agents in
Mumbai Breakthrough in 1981, when they published their
first ad in a newspaper
In 1996, it was acquired by Kuoni world travels
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PRODUCT
Group tours for individuals
Indian tours
Special interest tours
World famous tours SOTC Sports tour
SOTC Trade fairs
SOTC Corporates
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PRICE
Psychological pricing
Value for money
Perceived value pricing
Cost plus pricing No hidden clauses
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PROMOTION
Conventional media channels: print media, tie ups with tourism boards, travel fairs
Holiday bazaars: Singapore bazaar and Malaysia
bazaar Special packages
Quarterly brochure: Lets go
Word of mouth, personal selling, telemarketing
Exhibitions/Trade Fairs
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PLACE
Online
Holiday world outlets
Sales agents
Home delivery
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PHYSICAL EVIDENCE
Brochures, photos
Pens, files, caps etc. Facilities like flat beds
Ambience of hotels
Experience
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PEOPLE
FOR EMPLOYEES Employee value proposition
Management development programs for executives
Focuses on training
Potential development centers
FOR CUSTOMERS
Detailed and true itinerary
Contingency plan
Quick refund system Feedback form
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PROCESS
Provision of travel information
Preparation of itinerates
liaisons with providers of services
Planning and costing tours Ticketing
Provision of currency and insurance
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GAPS
In case of evening flights, they need lunch which isnotprovided
Inadequate response to customers No single tour guide
Difficulty in coordinating with channel members
Language barriers
Feedback is not lad focus upon
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Cox and kings- and overview
Cox & Kings is the longest established travel company inthe world, established in 1758 by Richard Cox
"Cox & Kings" -Amongst the oldest travel brand Recognised both locally as well as globally One of India’s largest travel and tour operator Pan-India presence with 255 touch points in 164 locations A global player, with presence in 20 countries including
India spread across all continents "One Stop Shop" for all travel needs Leisure, Corporate, Forex and Visa processing services Proven growth track record both organically and
inorganically 4Y CAGR (FY06 –FY10) -Revenues~59%; EBIDTA ~88%
&PAT~74%
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7 P’s ANALYSIS
FOX AND KINGS INDIA PRODUCT LINE
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•Caters to both subsidiaries as well as other touroperators.• Renowned for tour specialties for Indian tours
• offer large no of destinations under “duniyadekho” ( group tours) and “flexihols” (FITtours) brand.
OUTBOUND
• caters to both subsidiaries as well as other tour operators.• Renowned for tour specialties for Indian tours
INBOUND
• marketing products under brand “ bharat dekho”
• Exclusive products religious pilgrimage tours,education tours, activity holidays, spa holidays, train vacations
DOMESTIC
• Offers customized solutions for corporate clients.• Continued relationship with corporate clientele helps to cross sell
BUSINESS
TRAVEL
• One of the first travel companies to be licensed as the AuthorisedDealer
FOREX
FOX AND KINGS INDIA- PRODUCT LINE
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PLACE• Presence in 20 countries globally including India• Subsidiaries in UK, Australia, New Zealand, Japan, US, UAE, Hong Kong, Greece,Germany and Singapore• Branch offices in Moscow (Russia),Maldives and Tahiti•
Representative offices in Spain, Sweden, Germany, Italy, France, Taiwan, South America and South Africa.•IN INDIA One of India’s largest travel and tour operator Pan-India presence with 255 touch points in 164 locations
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Promotion
• Frequent advertisement on television
•Banners and hoardings
• Sponsoring various events
• Advertisement on leadingnewspapers
• Flyers ,Roadside promotional
Activities.•Release Travel guides
•Release Year calendars
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price
Targeting lower middleclass to high class
Flexi pricing options
Psychological pricing Regular discount offers
Seasonal pricing
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People
Highly qualified
Interpersonal skills
Service knowledge people
Industry experience
It focuses on training as an internalprocess of the knowledge sharing.
Potential development centers
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Physical Evidence
Brochures, photos,calendars
Pens, files, caps, gifts etc.
Facilities like flat beds,conferencing facilities
Ambience of hotels
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Process
Online booking(www.coxandkings.co.in)
Tele- booking (toll free no
18002090400) Cox and kings outlets
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COMPARISON
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Despite having so many similarities in terms of theservices offered, promotional and pricing strategies,employee training and development etc, the threecompanies also have some points of differences
which will be discussed in the following slides.
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Make My Trip SOTC Cox & Kings
The youngest amongstthe three, was founded inthe year 2000.
Founded in 1949, wasacquired by the KuoniTravel group in 1996.
The oldest travelcompany, was founded in1758.
It has over 20 officesacross India while 2offices outside India.
It has a wide distributionnetwork of 130 salesoutlets(also includes thefranchisees) and 3500travel agents across India
It has 12 fully ownedoffices in India with astrong global presence inall major countries.
Market Leader in India interms of the market share which is around 49%.
The Kuoni group has been the most preferredtravel company globally for the past many years with it also winningnumerous prestigiousglobal awards insuccessions.
Is a well known andreputed travel brand withgreat global presence.
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Make My Trip SOTC Cox & Kings
Has the highest growthrate in terms of revenue
and popularity and hasalso been forecasted togrow at a phenomenalgrowth rate in the nextcouple of years
Limited growth rate inthe Indian context. The
forecasts indicate a bettergrowth rate in the nextcouple of years in termsof the revenue.
An avg growth rate in theIndian market and the
forecasts seem toindicate similar growthrate.
Leads the Indian online
travel booking market.
Is the world leader interms of the revenues and
quality of its services worldwide.
Has strong global as wellas Indian presence and
brand awareness.
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POSITIVE IMPACTS OF TOURISM
Improvement in local life through better infrastructureleading to better healthcare, education, sports and
entertainment facilities.
Generates revenue for the tourist spot. Brings in employment as tourism increases at a
particular place.
Helps in conservation of historical sites.
Gives good chance for leisure and entertainment in this
busy, work-driven world.
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NEGATIVE IMPACTS OF TOURISM
Local industries might be hindered due to excessiveimported goods being brought.
Tourism may bring in anti social and illegal activitiesin the local areas.
There may be language barriers making it very difficult for foreigners to communicate efficiently.
The employment so brought may be seasonal.
Excessive rush of tourists may cause environmentalhazards to the flora and fauna.
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THANK YOU