tip corporate ppt nov2012
DESCRIPTION
TIP Corporate Powerpoint To be used when presenting to prospective members, suppliers & customersTRANSCRIPT
Travel Innovation Partners LLP
Delivering cool innovative technology to the Travel industry
A confluence of elements
The Elements
Cheap, reliable globalDelivery of SaaS
Travel industry fragmentationmeans harder to sell
Bring these elements together with a Professional sales team and….
Gifted SMEs with cool, innovative technology ~ solving problems
A three legged Stool
By bringing these components together we enable a successful business model
A Partner network of connected Travel Industry seniors
Cool, innovative technology which is below the radar screen
Customers contracted by a Professional sales team
How does it work?
• Travel Innovation Partners LLP sources cool, innovative stuff• Validates longevity & QC• Invests in Sales campaigns around common themes C level introductions Sales follow up Traditional account management process• Implement the support structure• Success commissions paid on performance
EveryBody wins
• SMEs reach expanded ~ can now sell where they were previously not able
• Travel industry customers introduced to cool, innovative solutions that they would never normally see
• TIP LLP & Partners rewarded for entrepreneurship and have a little fun along the way
Our Suppliers
• ID90T Airline employee travel systems• Travel Booster ~ State of the art dynamic tour
packaging• Process Outsourcing ~ IGT & GraspTech• SiteVisibility ~ Reputation management• Regify & Edifly ~ 21stC secure messaging• Energy efficiency for airports– Solar/ Screens/ LED lighting
SitRep* ~ Roger so far
• 10 Partners– John McCulloch (ex CEO OneWorld) Chairman
• Sales coverage of Europe, Middle East, Asia & Oceania
• 3 suppliers contracted, a further 6 in process• First revenues $s
* Situation Report October 2012
We aspire to…• To gain a reputation for being an
important source of innovation for the travel industry
• To achieve an operating cash break even within 3 years
• To achieve long term returns for PartnersOur 3 year Business Plan
SWOT analysisStrengthsSynchronicity of the Three legged StoolSound vision/concept Very experienced group of Partners Good staff Asia knowledge
WeaknessesOld school modelAverage sale is smallNeed strong CIOLack of focus in solutions portfolio No sizeable order after 8 months Length of time to sign up new suppliers Slow investment in people
OpportunitiesIndustry fragmentationRaise more capital and speed things up Recruit more people Lots of products/solutions out there
ThreatsMany competing consulting networksCost structure may be too highPartner network may atrophyConcept not yet provenInsufficient long term Funding Choosing products that do not sell
Chairman & Founders
Richard Stokes
Paul Whitwam
John McCulloch
Don Birch
Paul Whitwam
Travel Innovation Partners LLP
Travel Innovation Partners LLPRegistered company OC373061
[email protected] BarnHigh Street, Low PittingtonDurham DH6 1BEEngland