In that way, they are inviting hard competition from everywhere.
That is not a wise thing to do for a startup as it may be lacking in experience and resources. When you pinpoint a particular segment of the market, you reduce the competition since not many operators are active in it. To find it out, you need to do a comprehensive research.
A niche market is the one that very few have explored thus far. Know what the emerging new travel needs are that very few agencies are able to meet.
As very few competitors are active in that niche, your agency can grow fast.
First of all, you should find out your niche market which is an important aspect.
One of the mistakes many new travel agency business owners make is they want to sell everything.
Last updated on August 6th, 2019 Are you planning to start a travel agency?
If yes, you should be ready to meet all the important aspects of running the agency successfully.
The plan should mention your strategy to remove the hurdles.
Branding is important for all types of businesses including your travel agency.