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Corporate rates are discounted or special rates offered by the tourism industry suppliers. These discounts can be
on: flight tickets, bus charges, train tickets, gift cards, rental cars, & more. The corporate travel industry provides
higher margins, and hence it makes sense to enter into this business.
These deals are also of value to the partners in terms of better convenience, higher savings, and better perks like
in-flight meals, better room service in 3-star & 4-star accomodations, etc.
Business travelers can take benefit from first-class seats through the frequent flyer programs of airline companies
such as Jet Airways, Air India, etc. These programs reward their travelers with several air traveling benefits.
These deals are also of value to the partners in terms of better convenience, higher savings, and better perks like
in-flight meals, better room service, etc.
The challenges that organizations face are a large no of requests, keeping track of approvals, expense management,
travel policy compliance, and human errors.
This tool helps in publishing real-time reports, managing the expense that is in alignment with the company’s
policy, & approvals of the business trips, claims, & reimbursements.
This tool will reduce costs, increase efficiency, improve time management, better adherence to policy & cost
compliance, and better reporting through data and analytics reports.
This will provide better control and benefits as compared to B2C platforms. This will resolve any query at odd
hours for better customer retention as these customers will be high-value customers.
Success Metrics:
Stage Metrics Ways to collect data Reasoning
Acquisition No. of new corporate Transactional data Insights on whether customers
customers are using this feature to book
the trip
Acquisition No. of bookings Transactional data Insights on whether customers
are using this feature to book
the trip
Retention No. of visits to each feature’s Google Analytics Measure no. of users actually
page using this feature
Retention Avg. time on different pages Google Analytics Measure no. of users actually
of different features using this feature
Retention No. of customers returning Transactional data Insights on whether customers
to the platform for booking are using this feature to book
the trip
Monetization The average order ticket size Transactional data Insights on whether customers
of corporate customers are using this feature to book
the trip
Monetization CLTV Transactional data Insights on whether customers
are using this feature to book
the trip
Monetization Market share in terms of Transactional data & Insights on whether customers
revenue industry-related data are using this product