Questions

In times of Covid, travel customer acquisition is going to be tough. Not sure if your business serves businesses or consumers or both.

An alternate business model has to be explored. One idea is, like everything going virtual, can travel also go virtual. This is virtual and augmented reality stuff. The other is to offer some other product to the current base of customers and try additional revenue streams, than go after new ones.

Timeframe of recovery for travel is uncertain. So preserve cash and reduce costs, and tide over to recovery.

One option also may be to explore a 'Covid-safe' travel...ensuring social distancing, sanitised travel, venues, and locales.

This is a tough time for such a business.

Let me know if you want to brain storm a strategy for your business.

All the best and stay safe.


Answered 4 years ago

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