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Tip corporate ppt nov2012
- 1. Travel Innovation Partners LLP Delivering cool innovative technology to the Travel industry
- 2. A confluence of elements The Elements Cheap, reliable global Delivery of SaaS Travel industry fragmentation means harder to sell Bring these elements together with a Professional sales team and…. Gifted SMEs with cool, innovative technology ~ solving problems
- 3. A three legged Stool A Partner network of connected Travel Industry seniors Cool, innovative technology which is below the radar screen Customers contracted by a Professional sales team By bringing these components together we enable a successful business model
- 4. How does it work? • Travel Innovation Partners LLP sources cool, innovative stuff • Validates longevity & QC • Invests in Sales campaigns around common themes C level introductions Sales follow up Traditional account management process • Implement the support structure • Success commissions paid on performance
- 5. EveryBody wins • SMEs reach expanded ~ can nowsellwhere they were previously not able • Travel industry customers introduced to cool, innovative solutions that they would never normally see • TIP LLP& Partners rewarded for entrepreneurship and have a little fun along the way
- 6. Our Suppliers • ID90T Airline employee travel systems • Travel Booster ~ State of the art dynamic tour packaging • Process Outsourcing ~ IGT &GraspTech • SiteVisibility ~ Reputation management • Regify &Edifly~ 21stC secure messaging • Energy efficiency for airports – Solar/ Screens/ LED lighting
- 7. SitRep* ~ Roger so far • 10 Partners – John McCulloch (ex CEO OneWorld) Chairman • Sales coverage of Europe, Middle East, Asia & Oceania • 3suppliers contracted, a further 6 in process • First revenues $s * Situation Report October 2012
- 8. We aspire to… • To gain a reputation for being an important source of innovation for the travel industry • To achieve an operating cash break even within 3 years • To achieve long term returns for Partners Our 3 year Business Plan
- 9. SWOT analysis Strengths Weaknesses Synchronicity of the Three leggedStool Old school model Sound vision/concept Average sale is small Very experienced group of Need strong CIO Partners Good staff Lack of focus in solutions portfolio Asia knowledge No sizeable order after 8 months Length of time to sign up new suppliers Slow investment in people Opportunities Threats Industry fragmentation Many competing consulting networks Raise more capital and speed things Cost structure may be too high up Recruit more people Partner network may atrophy Lots of products/solutions out there Concept not yet proven Insufficient long term Funding Choosing products that do not sell
- 10. Chairman & Founders John McCulloch Paul Whitwam Paul Whitwam Don Birch Richard Stokes
- 11. Travel Innovation Partners LLP Travel Innovation Partners LLP Registered company OC373061 sales@travelinnovationpartners.com Cornmill Barn High Street, Low Pittington Durham DH6 1BE England