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eTourismBook
An Integrated Tourism Platform
Research Plan Engage Share
2. Agenda
Final Presentation
1 To introduce the Product
2 Need Analysis
✓ 3 Product Highlights
4 Team
5 Business Model
6 Risks
7 Funding
3. What is the Problem Being addressed?
Hassled Tourist
•
Information on all aspects of the tourism life cycle not
available at one place
•
Travelers are moving away from mass tourism to
independent travel and demand authentic and
memorable experiences. No support designed for them.
•
Internet makes the task of Destination research easier
but the related information is not easily available and
accessible.
The Tourist Cycle
4. What is the Problem Being addressed?
Tourism Service Providers – Losing Importance
The fragmentation of the tourism value chain
Tourism Small & Medium Enterprises are not able to promote
their services to the tourists.
Concept of Value add has new definition but the tourism
ecosystem has not fully woken to it
The role and value of Tour Operators has nearly vanished but
there is no substitute for their BUNDLING TASK in new
paradigm
The Tourism Value Chain
5. What Needs to be Done?
To improve tourism ecosystem
Integrated approach
An integrated approach which looks at the
SOLUTION
1 tourism sector as a whole; taking all the
elements of its chain of value into consideration.
Knowledge-driven System
There should be knowledge-driven improvement
2
of the productivity of businesses and destinations.
Network Effect
The constituent elements must influence productivity either
directly or indirectly; they must move to a common platform
3
where they can interrelate around a system of
networks.
An Integrated
Tourism
Integrated approach
Platform
4
Knowledge and its transfer must be the motor of the
network, which self-organises and self-develops on
the basis of the contributions of its members.
6. The Product
We plan to develop an integrated platform for tourism learning and
delivery – eTourismbook
E denotes the electronic nature of the information and knowledgebase
Tourism – denotes the authentic tourism offering, in terms of pre tour,
at the attraction and post tour for tourism destinations
Book – denotes the Booking aspect of the Tourism and related
products and services and also the learning aspect
An Integrated Tourism Platform
Research Plan Engage Share
7. The Team An Integrated Tourism Platform
Research Plan Engage Share
The project and product is the outcome of the personal frustration of the team leader of the project to
find solution to booking authentic tourism experiences during her avid travel to many countries and
cities in India.
Dolly Bhasin formed a company 3 yrs back to address this issue and offer a unique preposition by
making the shortcoming as an opportunity. Despite having an established consulting practice and 25
years of experience in ICT; she took a sabbatical and did a Masters in Tourism and Travel from
Univ. of Nottingham under a scholarship programme under two scholarships – Mastercard and UoN.
Her main objective to join this programme was to try and develop a solution framework for the
Tourism Challenge through an entrepreneurial approach. The team was handpicked with diverse
capabilities. The current team composition is as follows:
Dolly Bhasin – The Gang Leader – A Serial Entrepreneur
Sreenath Chinta – The solution architect – A Tech hand working in USA
Rajesh Nair – The Biz Developer- A consultant with a consulting firm
Apurve Gupta – Developer – Engineering Student
Fakher Oueslati– Developer – Engineering Student
Akanksha Angurala– Content Gathering – Engineering Student
9. Basic Concept
Facilitate the Tourists
Research Plan Engage
1 The Research for the tourist is aided by 2 The travel tools in form of Trip 3 - Higher Level of
content aggregation. Multiple content planner to itinerary builder and Engagement
sources are used to fetch and present the maps, guides will be made - Participatory Tourism
relevant data which is of value to the available. - Learning Local Culture
traveller. - Engaging in Benefit to
Also would be digital products Locals
Tourism Service Providers will provide like Apps and downloadable (Volunteertourism)
the content in the form of usable and guides, maps, etc. - Local Experts
transactionable content (easily engagement
monitisable) and will be facilitated by tools
within the platform for creating, uploading
and distributing the same.
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Select Tour Type Get Maps Get Expert Advice Your Customized
and Destination and Directions & Destination Guide Tour Itinerary
Your footnote
11. Sales an Marketing Strategy
PRODUCTS
TARGET Luxury TARGET
CUSTOMER Activity CUSTOMER
Culture
Individual Traveller Special Interest Groups
Pilgrimage
Medical
High Networth Highly acclaimed
Individuals Individuals
High Performance Members Of
Entrepreneurs High Performance
Teams
Retired and
Empty Nesters Women & Gap
Students
DINKs
DINKs
Individuals with
>5L p.a. Disposable Active Facebook
income members with
>500 friends
TARGET TARGET
Total Available Market (TAM): 750 Billion Dollars
MARKET MARKET
Served Available Market (SAM): 104 Billion Dollars
Target Potential Market in Ph 1: 5 Billion Dollars
12. Content Strategy
For eTourismbook
Mobile Apps
Video Emails
Consolidate and Distribute content through Value
Web Blogs added Publishing at Web site as well as Social Media
And Mobile Networks
13. Risks
1. TECHNICAL 2. FINANCIAL
- Semantic Web
Limited Revenue steams
- Ecommerce in Web 3.0 in begining
- Content Aggregation
1. TECHNICAL
2. FINANCIAL
Huge R & D costs
- Mobile Web Cloud
Huge Development Costs
- API framework
Huge Deployment Costs
- XML Integration
3. PEOPLE 4. MARKET
Getting the right talent
Market Acceptance
Retaining the right
Market adoption
talent
Managing cohesion with
Diverse skills needed too many stakeholders
Critical mass for
3. PEOPLE 4. MARKET
High Salary burn
sustenance
14. Mitigating Risks
The Technical Challenges are being met by aligning The Financial Challenges are being met by
with Tech leaders in some domains aligning with leaders in tourism domains
Google for Search and Maps, etc. (Discussed and - Fairfest Media (Discussed )
agreed) - STIC Travels (Partnership signed)
IBM for Cloud (Partnership signed) - Tie up with Contract based SW development with
Knowledge Frameworks being explored (see next slide) PERSISTENT in lieu of Equity dilution (Discussed)
SEMANTIC Web (participating in W3C forums) - Tie up with a Leading Individual Traveller (over 40
countries) as an independent Director on board
Partnering with Lead Academic Institutes (Discussed)
Aligning with emerging trends (see next 3 slides)
- Tie up with group Leaders of Tour leaders in concerned
target markets (to be discussed)
KEY USP OF THE SOLUTION
Platform approach to connect TSMEs to Target Markets
Use Network effects to create value added services
The main Promoter has proven experience and knowledge on
delivering award winning Tourism & SME solutions
17. MOBILE CLOUD COMPUTING
•
60% of the population of the
world in developing countries
do not have access to web
•
Mobile penetration in
MOBILE CLOUD Developing world in better
COMPUTING •
Most information is in text
(English) format while users
are not all English speaking or
literate.
SOLUTION: Mobile (Web) Cloud Computing
18. Results of Prototype Work for eTourismBook
For Month of July 2012
Tie-ups ANDROID PLANNING APP Google
WP Blog Facebook
62 Page Likes
141 Page Views 2000+
30 People talking
15 Page Likes Indexed
12 Subscribers Pages
6 Tie-ups
discussed 9,140
Web site support Community results
1 Signed
15 pages created at 498 Members
Etourismbook.webs.com 94,628 Page Views
206,468 hits
SLIDESHARE VIEWS - 1200
19. Expected Improved Tourism Value chain
The key to creating value is co-produced offerings that mobilise customers,
and the only true source of competitive advantage is the ability to
conceive the entire value-creating system and make it work
Source: http://www.eduwilliam.com
20. Funding
The Project has many Research and New Model components, so very
high R&D costs and experimentation is involved
We would try to raise external funding quite early; as there is
substantial fund requirements.
We are also exploring to bring in Partners from the Tourism Industry
who are specialists in the 5 target markets to generate high revenues,
with lesser marketing efforts and Dollars.
Suitable grants from Sustainable Tourism Development and UN bodies
will also be explored
Phase wise developent would need funding as follows.
Proof of Concept and Validation – Promoters & Funds from FFF - $1000
Minimal Viable Product – Angel funds or Partners - $10000
Core Product – Seed Fund - 5 Million Dollars
GoTo Market – Venture Capital
21. References
• http://www.slideshare.net/HatemMahmoud/web-30-the-semantic-web
W3C Semantic Web and Tourism Case studies
Dissertation on “Capacity Building for Indian Tourism using ICT
Enabled Mechanisms” by Dolly Bhasin, University of Nottingham
http://www.eduwilliam.com/
http://www.wikitravel.org & http://www.wikipedia.org
http://www.ibm.com
http://www.google.com