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iExperience: A new face

of Adventure Tourism
Adventure sports has started to take off in India. However, adventure has never been associated with family bonding and this makes it difficult for any service in this industry to succeed

January 31

Management Accounting

Section A, GROUP 7 Akshaan George - (F-07) Kantilal B. Rathore - (F-34) Rohit Mishra - (F-58)

Subject Area Driven by young and adventurous Indians with high disposable incomes and increasing concern for family bonding and maintaining work-life balance, adventure sports has started to take off in India. However, adventure has never been associated with family bonding and this makes it difficult for any service in this industry to succeed without effectively understand the requirements of their consumer and ensuring that they are able to tweak their services accordingly. In this case we aim to explore the challenges faced in identifying the target audience, appealing to them and marketing the idea in tourism sector. Some of the major challenges that have been tackled include understanding the psyche of the interested consumer and designing of brochures to meet the expectations of the varied audience. Though the approach in this article has been customized to the adventure sports industry, some of the techniques can be used across industries to understand the needs of the customer before any new service is launched. These tools can help increase the probability of success as one aspect - meeting customer needs- can be guaranteed. . Study Level The case can be used in the following courses: 1. Postgraduate Programs in Tourism: Students can be introduced to various cost concepts to be considered in various cost benefits analysis in various managerial decision making. 2. Postgraduate Programs in Entrepreneurship. The students can be introduced to the concept of incubation in private organizations and what are the general roadblocks that one faces in a startup. 3. MBA/Post graduate program in in strategic management. It can be used to introduce the concept of considering social and environmental aspects in strategy planning which are emerging as global sustainability challenges. 4. Execute training program for Technology Innovators in Public/Private sector organizations to highlight the concept of speedy innovation while maintaining quality in web based applications.

Case Overview iExperience provides an online marketplace of unique and authentic experiences for free time. It provides a wide range of exciting and fun things to do on weekends, evenings or holidays. iExperience is based on belief that people deserve better than just malls and movies when it comes to spending weekends.

Since its inception, iExperience had been facing regular issues that are general roadblocks in tourism sector: Sustainably developing the adventure travel market Environmental impacts and sustainable development The economic potential for adventure in remote / rural populations. The social importance of adventure Urban adventure as a catalyst for economic development in socially deprived areas. By looking indepth into the contemporary issues in adventure sports/travel sector we can critically analyze problem solving and decision making tactics which may best benefit the variety of stakeholders related to and impacted upon. The module utilizes global, regional and local adventure case studies and provides students with an opportunity to come to informed decisions. Rather than focus on competitive advantage for single organizations, it proposes that by looking at case studies in the adventure sector we can find a suitable, effective and sustainable method of developing adventure tourism. Expected Learning Outcomes On successful completion of the module, we expect to be able to : Critically analyze the current management and development issues within adventure tourism and adventure sports globally. Analyze methods of effectively developing sustainable management solutions in adventure tourism. Know the concept of target audience and what are the various marketing techniques that can be employed for attracting the same.

Supplementary Materials: 1. Sustainable Tourism 2. Journal of sport tourism 3. Swarbrooke, J. et al (2003) Adventure Tourism: The new Frontier. Oxford Butterworth Heinneman. 4. 5. Practical Implications: The in-depth analysis of the existing scenario at iExperience provides an opportunity for the firm to fine tune its business operations with an eye towards the future. The case provides insights about the strategies employed by existing profitable market leaders generating more revenues and helps in coming up with a more sustainable model for growth.

Social Implications: The case helps students realize difficulties in experiential selling in adventure tourism/ sports in India and helps to find out the extent to which people are willing to approach such companies before making a decision on the kind of product they want to experience. The case provides valuable insights on sustainable business model and works as a great learning for students desiring to develop a deep understanding of challenges in a startup and tourism industry.