技术是如何Disrupting The Travel SpaceApplication programming interface is the key to accessing data stores on inventory available across the universe of travel products

ByDhruv Raj Gupta

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock

For the past 15 years travel consumers have gotten used to and now take for granted an instant and six-sigma-process-confirmed travel booking be it for a flight, hotel, bus, or holiday package that includes all the above. The base technology that allows for this is the "API' — application programming interface — which is the key to accessing data stores on inventory availability across the universe of travel products.

APIs allow for storefronts (websites) to communicate with warehouses (flight operator/hotel operator) regarding availability of (seats / rooms) and communicate the same to the customer to allow for a booking to take place.

When this happened, the universe of travel services opened up to travel websites to market and bring to the domain of consumer marketplaces allowing consumers unlimited access to purchase these travel services for a small transaction fee. Over time as this became easier even the travel website or online travel agent became a middleman reducing fee even further.

With this, we see the advent of travel services using technology to truly disrupt the consumer and supplier experience has now transformed.

Reverse Bidding

A module that allows consumers to bid the price they would like to pay for travel services and the supplier can choose to accept that bid for the inventory auctioned or reject that bid.

Last Minute Inventory Sale

Taking off from reverse bidding the concept of selling last minute bookings via separate distribution platforms that don't cannibalize the regular sales channels allows suppliers to sell loss making inventory at break even rates to savvy travellers.

Cookie Sharing Digital Marketing

A new age concept that allows travel advertisers to lower the cost of customer acquisition by advertising on cookie lists (remarketing lists) shared with other travel operators — Ex. An OTA allows a taxi company to advertise services to customers who have booked flights to cities of arrival.

Comparison Of Travel Services

More and more offline tour operators and suppliers are realizing the importance of customer experience stories, reviews, and the value of allowing customers to compareapple to apple the travel services they providefor customers to make the right decision. Doing so involves scraping meta data from the web on these services, putting it together in a coherent manner, allowing a consumer to make sense out of it.

Chat-assisted travel to corporate and leisure customers is the most popular service. Calls are archaic and eat into travellers' cost and time, while chat is non-intrusive and allows for a record of all communications which is preferred by all parties involved. If you can offer a seamless chat connect between supplier and customer, that's half the battle won!

以上是一些最近的travel technologies that are helping businesses capture larger consumer experiences. I believe if you have the will to execute these at scale or can partner with a provider then you are set for the next 5 years!

Dhruv Raj Gupta

Cofounder of Tripshelf

Dhruv Raj Gupta is the cofounder of tripshelf.com, where they are helping tour operators promote their services online using digital marketing, chat, comparison, and other online tools. They are also professors of buzz marketing and digital marketing. Dhruv worked with Google till mid-2014 in the travel advertising vertical.

Related Topics

Business News

'I Can Feel the Rage': 80-Year-Old Couple Charged $120 to Print Boarding Passes Before Flight

The couple was traveling on Ryanair from London to France.

Business News

Pilot Dies In the Bathroom After Flight Departs from Miami. Airline Is 'Deeply Saddened By This Event.'

LATAM Airlines Captain Iván Andaur Santibáñez collapsed midway through the journey, prompting his co-pilots to make an emergency landing.

Living

6 Things Successful People do Before 9 a.m.

Doing something useful when you feel least like doing anything almost guarantees a productive day.

Business News

Remote Employee Fired for 'Low Keystroke Activity' During Working Hours After 18 Years of Employment

The Australian woman is claiming she was wrongfully terminated and surveilled.

Starting a Business

A Retiree in Florida Started This 'Fun' Remote Side Hustle Out of Boredom. Now She Makes Up to $3,000 a Week.

When Chanda Torrey retired, she looked around for an enjoyable hobby that might also bring in some income. Now she's offering up her playbook to others.

Branding

4 Personal Branding Lessons Leaders Can Learn From Taylor Swift

Amid the frenzy of Taylor Swift's record-breaking Eras tour, the author embarks on a quest to secure highly coveted tickets for her daughter. Through the emotion-charged experience, she distills key insights into the world of personal branding, drawing lessons from Swift's authenticity, adaptability, engagement, and social advocacy that are invaluable for shaping a strong leadership brand.