Internet international marketing in the tourism industry : strategies for the survival of travel agents in Singapore

This paper recognizes the weakening power of the Singapore travel agents given the increasing penetration of the internet – where travel agents can be bypassed easily causing the shift in power to consumers. Thus, there is an increasing need for travel agents to strategize to retain and increase the...

Full description

Saved in:
Bibliographic Details
Main Authors: Zeng, Jared Qiyang, Ng, Jacqueline Teng Hong, Sheam, Jolene Qiao Shi
Other Authors: Ian McGovern
Format: Final Year Project
Language:English
Published: 2010
Subjects:
Online Access:http://hdl.handle.net/10356/21223
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Nanyang Technological University
Language: English
Description
Summary:This paper recognizes the weakening power of the Singapore travel agents given the increasing penetration of the internet – where travel agents can be bypassed easily causing the shift in power to consumers. Thus, there is an increasing need for travel agents to strategize to retain and increase their consumer base. With that in mind, a survey and three-stage focus group were conducted to collect information, hence allowing us to derive segments (e.g. Value, Product, Brand Conscious segments), whom travel agents can choose to target. This paper will detail the travel process of the consumer based on their selection and enjoyableness criteria, and provide recommendations based on the extended marketing mix. The paper establishes criteria that different segments look for in their travel purchase, and these specific criteria is what travel agents should pay attention to when deciding who to target.