You’re a PM at Agoda. Should we build a dedicated portal for travel agents?
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Should we build a dedicated portal for travel agents at Agoda?
Clarifying questions -
Do we have any existing product for travel agents today? No
How do they communicate with Agoda business team? Email/ call/ chat communications
Are we having any issues in the existing approach of travel agents connecting with the Agoda team? Can you think based on current flow
Are we thinking of any specific geography to begin with? You can decide
Are we planning just a web portal or app based portal as well? You can decide
Do we have insights from how competitors are handling the travel agent flow? No
Do we have any feedback from travel agents regarding the current mode of commincation and challenged faced by them? Yes, it is difficult for them to reach and do agent level bookings from the app
What is the objective behing this travel agent portal?
User acquisition
User engagement
Monetization
User feedback also suggest there is lot of friction in the current communication mode through email/ chat. Thet also feel havin an option in the app to do agent level bookings would be moch more efficient
Competitor offering -
Few competitors do have an option to login as an agent and some have agent portal as well where the agents can do the bookings on behalf of their clients and travel agents find that feature very useful
Pros -
- Travel agents still dominate -
- Group booking
- Elderly booking
- People travelling from villages with low tech savviness
- Bookings through travel agents -
- Have high basket size
- High booking value
- High repeat rate ( in case of a favourable experience)
- Tapping the acquisition beyong paid digital marketing
- Competitors like Booking.com, Expedia, etc. already have a separate agent portal
Cons -
- Huge engineering b/w, hence upfront cost
- Time to launch might be delayed
In my opinion, we should build this dedicated portal for travel agents to tap this B2B2C segment where the average order value is high, with high repeat booking rate and it paves the way for tapping the non digital customers. Moreover, not building this feature will act as a deterrent for the travel agents as few competitors already have this offering and they might prefer to go to those platforms.
High level features -
- Agent login
- Client level booking visibility
- Group booking facility
- Faster issue resolution process (in case of cancellations, returns, etc.)
- AI enabled onboarding support and itinerary creation based on user needs
- Commission tracking and reporting
- Credit limit or deposit wallet facility
Metrics to track -
- % new users
- # orders per user per day/ week/ month
- % group bookings
- WAU/ MAU
- % repeat user bookings
- Avg order value
- Revenue from commission
- Agent NPS
TO summarise, Agode should invest in building this dedicated agent portal to tap to the B2B2C segment where aoverage order value and return booking rate is high, which will bring in additional revenue for Agoda in form of comminssions, while at the same time position it at par with its comepetitors.
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