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Saturday, June 27, 2009

How To Find Money In The Travel Business

By Gary Mooney

Want to know about a great business opportunity?

The travel business is underappreciated but when you think about it, there's so much money to be made in that industry. Just imagine the expense of going on a vacation, where does all that money go? Now, if you want a slice of that sweet pie, you should engage in wholesale travel. If you do, all you have to do is sell discounted travel packages. The easiest way to do it is through network marketing.

This is possible through simple network marketing. You see, there are so many travel companies out there but they don't have enough people to do the legwork for them. They produce so many discounted travel packages but they just can't seem to get the word out. This is where you and I will come in, we join their company as distributors who will be selling those packages to people who want to travel.

The economic principle behind it.

Network marketing makes use of a multi-level marketing or MLM strategy. MLM can be as simple as word-of-mouth. You start talking to people about how big a discount they can avail of if they buy into your discounted travel packages. These discounts happen because of wholesale travel packages.

The principle behind wholesale travel is the same principle behind wholesale goods except you look at it in terms of plane tickets and not food products. You see, a plane can have a seating capacity ranging from 20 to as many as 200. For a specific plane, each take-off costs the same, however the number of passengers inside may not be. So when an airplane takes off with a few empty seats, they are actually losing a lot. So what they do is they stratify the prices of plane tickets. Advance bookings get cheaper rates while over-the-counter exchanges are much more expensive.

Still interested?

As mentioned before, network marketing makes use of the word-of-mouth technique. In the business jargon, that's also called multi-level marketing or MLM. In MLM, you have a travel company that hires people to be distributors, that's what you and I are going to be. These distributors sell goods like plane tickets and other travel packages. When they make successful sales, they get commissions from them. So basically, you earn as much as you work.

The thing is, as distributors, we don't necessarily have a quota that we should fulfill. All we have to do is start selling. When that happens, we start earning those travel commissions. If you don't get to sell anything, you don't get anything. So basically, we will be earning in a ratio proportional to how much we work hard for it.

Since it will be a home-based business, you really have nothing to lose by grabbing this opportunity. You only have those unlimited travel commissions to gain. Moreover, you're doing your customers a favor by giving them the opportunity to save on their travel expenses. All in all, it's a win-win situation for all the stakeholders in this set up.

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