IMAGINE TRAVEL Ltd. Business Description

 

1. Disclaimer

Imagine Travel Ltd. is a successful travel agency operating in the UK for many years. The agency enjoyed sustainable and over projection profits

year per year, however the number of yearly bookings has recently recorded a small increase. The marketing department wanted to make key

strategic moves that would establish the agency as a more powerful player in the market. 


After looking at their booking data over the years they realised they had a good number of repeat customers, which made-up the main share of their

profit, but also identified a considerable amount of customers with other common purchasing patterns.


The following market groups with the greatest potential were identified:

     A. Customers who were frequent holiday goers in general but not frequent customers of Imagine Travel Ltd.

     B. Frequent Imagine Travel Ltd. customers going only for the cheapest deals  


 2. The Opportunity

  Imagine Travel Ltd. concluded that there was an opportunity to increase both the frequency and the “spent per package” of its customers. It integrated

its reservation system with CRM.COM’s Rewards Application and introduced different reward offers under the scheme. It created a reward scheme to

incentivize its customers to come again and book at Imagine Travel instead of anywhere else, even if the price was not the cheaper available.


3. The Rewards Scheme

 Imagine Travel Ltd. created a powerful cashback Rewards Scheme where the agency’s customers can win considerable cashback rewards with conditional

spending. The rewards scheme is open for everyone to participate and they can sign up to the agency’s rewards scheme whether they are a current customer or not.


 4. The Rewards Offers

 The following reward offers were created as part of the scheme:

Offer No.

Name

Description

Spent Conditions

39

Click Like on Facebook/£50

Click "Like" on Imagine Travel Ltd's Facebook page and win £50

Can only spend on North America Packages

40

£200 for any outside Europe Purchase

Buy any outside Europe trip and win £200

Can only spend on outside Europe holidays

41

Reach £7000 spend for £600

Reach £7000 overall spent and win £600

 

42

2 Transactions in 4 Years/£300

Do 2 transactions in 4 years and win £300

 

43

Refer friends for £200

Refer a friend to the Rewards Programme and win £200

Can only spend on holidays inside Europe

44

Sign Up to Rewards for £100

Sign up to Travel Ltd.'s Rewards and win £100

 

45

Reward Participant over 5 years/£200

Be a rewards participant for 5 years and win £200

 

46

Celebrate Birthday with a Holiday/£100

£100 cashback on your Birthday

Can only spend on holidays inside Europe

47

Spend over £4k for 10% cashback

Spend over £4000 and earn %10 cashback

 

48

Complete phone info for £50

Complete your phone number information and win £50

 

49

Spend over 2k for £100 back

Spend £2000 or more and win £100

 


5. Communications

When customers subscribe to the rewards scheme they receive an email welcoming them to the Imagine Travel rewards scheme. Every time a reward is

awarded participants will receive an SMS text informing them of the award. At the end of each week participants receive an email informing them of their

cashback wallet balance.


6. Smart Phone Application (APP)

 

A smart phone application is available to any participant who wants to manage their rewards participation on a mobile phone device. Using the

APP they can update their personal details, view their rewards wallet balance and receive communications from the travel agency. 


7. The Customer Journey

John and Mary are married and live in the UK. They like to go to overseas holidays as often as possible and they try to have one long trip, outside

Europe, at least every 2-3 years. After looking for short European breaks they decided to go to Amsterdam for 4 days and they found a package trough

Imagine Travel’s website. Once they booked the trip they got an email about Imagine Travel’s Rewards and they saw that they will win £100 for their

next trip if they signed up to the scheme.

John signed to Imagine Travel rewards and when he checked the available offers he saw that he can click “Like” on the travel agency’s Facebook website

and win another £50 which they can spend on outside Europe holidays. John also provided his phone number on his account and has won another £50

cashback.

One year after, they were planning for a trip in Europe but decided to check any international destinations with Imagine Travel before they made their mind

as they had £200 cashback rewards they could use. They got excited to find a Kenya Safari for £1200 per person which meant they would get one package

for only £1000. They didn’t want to miss the opportunity and finally decided to go to Kenya during the summer. They bought two tickets for only £2200 for

both and now they would also win another £100 cashback which they could use for their next European trip with Imagine Travel of course.


8. Objective

With the rewards scheme as an integral part of their marketing strategy, Imagine Travel Ltd. aims to increase repeat bookings substantially and

enjoy increased bookings and revenue.