The top 3 startup opportunities in the travel industry!

by Tvisha Sharma - 28th Oct 2022

Whenever a new company surfaces, it opens up opportunities in every sector. The development of a new business in the economy has proven to be beneficial.


Startups are changing the world and the economies of many countries. The rise of startups has led to infinite possibilities and helped in economic growth.


According to a 2017 U.S. Census report, 414,000 startups created 2.5 million new jobs in 2015 globally.


So many manual efforts go into building a company, which has led to more employment and diversity in companies. The startup culture is at its prime right now; more and more individuals are putting themselves out there and building something.


The travel industry is seeing tremendous growth, giving rise to a lot of startup companies. It is amongst one of the most successful industries that are entirely customer-driven. There are a lot of opportunities that one can grab.

 

Let us tell you about 3 such opportunities with little startup cost!

 

1. Infopreneur or Content Creator

  • The world we live in is content-driven.

  • Content is produced every day by individuals.

  • By sharing information on the internet, you can be a content creator.

  • This way of content creation has been gaining much popularity lately and is being adopted by people globally.

  • It's called being an infopreneur. You sell information on the internet to get monetary gains.

  • According to Wikipedia, a content creator or infopreneur is an "entrepreneur who identifies opportunities for creating enterprising information-based businesses by identifying knowledge deficiency situations and selling target-based information products and services, mainly through the internet". 

  • It is a very profitable business.

  • You can create travel videos, travel do's and don'ts, etc., and put them on the internet for people to see and learn.

  • You can start your own YouTube channel, page, or website to kickstart your infopreneurship.

     

2. Remote Travel Agent

 

  • As the designation suggests, you can work remotely and also build your own agency as a remote travel agent. 

  • As a remote travel agent, you can attend to clients, make their bookings and reservations, inquire, etc., from the comfort of your bed.

  • You can help your clients plan events, trips, etc., and cater to their every need. Never stop networking and growing your business.

  • You can also give travel consultations and work from anywhere.

  • So grab your laptop and polish your people's skills because you might end up becoming the best remote travel agent inspiring others.

3. Digital Travel Guides

 

  • The world is going digital! It's time that travel guides are shifted from print to digital to provide travellers with a seamless experience.

  • You can start with your own digital travel guides specific to different destinations.

  • It can contain a list of things such as the best places to eat, things to do on the weekend, and unique places to visit.

  • You can take this one step further and provide curated guides as a service.

  • You can design specific guides for travellers according to their tastes and send them.

  • Having a website of your own where you can upload these guides and have a collection of guides for different countries will drive a lot of traffic to your website.

  • Once you start getting good downloads on your digital guides, you can collaborate with travel companies and earn incentives.

  • In conclusion, starting up a digital travel guide will be your first step toward establishing your own business.

  • Many young entrepreneurs have entered the market who practise the ideology of turning good, profitable ideas into reality.

  • Action is very important in these scenarios because, at some point, everyone has thought of starting their own business. An idea without action and implementation remains an idea.

Just having the thought of having a start-up signifies that the start has begun in theory and is already half done.

 

Trust us, building something from scratch that you can call yours is never a bad idea!

 

So, if you have been thinking of starting your own business for a very long time, take this as your sign to actually do so.

 

Start small, and start today!


ETOS has various travel management software for destination management companies and many other products that will help your business efficiently.


Get in touch with our team at [email protected] or +919820140434 to know more and choose from our range of products. 

 

Tvisha Sharma
An animal lover and a storyteller on a quest to explore the world of travel!

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