How to Set up A Profitable Tour and Travel Company in Delhi?

Do you want to start your tour & travel company? If yes, read through the blog, we will explain everything required to form and operate a successful travel company in Delhi.

Indian tour & travel industry ranks 12^th among 184 countries in terms of contribution to the country's GDP. The Indian tourism sector is growing at a rate of 7.8 percent annually and is projected to contribute about 418.9 billion dollars by 2022.

This is a perfect time for all budding travel entrepreneurs to start a tour and travel company in Delhi.

But how to assess the market, start a travel company, and makes it profitable?

Just stay with us; we will explain everything required to build your company and planning to get better returns on investment.

We will guide you through ten steps to help you start and make a profitable tour and travel company in Delhi.

Step One  

To begin with, define your target customer and the services you are going to offer them. For example, in the tourism business, you can target all age groups with different attractive tour packages.

Keep pricing customizable.

Make a plan for marketing your company and services. To get more reach with a nominal budget, digital marketing is most preferred among the new breed of businesspeople.

Good business software to manage data and accounts.

Step two

In this step, do some competitor analysis. See and analyze what other tours and travel companies are doing to promote and customer acquisition.

Learn from their achievements and mistakes to make a full-proof business plan for your tour & travel company in Delhi.

Step three

As a business owner, focus on building a brand, trust among customers. Customers should relate to your advertising campaigns, promotions.

Tie-ups with local transport, hoteliers, people at tourist destinations will help in making your brand image.

Step four

Now comes the legal part. Decide a name for the company and do GST registration. GST is mandatory for doing any business in Delhi and everywhere in India.

Apply for a Travel Agency license to give your company recognition.

Step five

Travel agencies or companies can be open from your laptop, so it does not need much funding. For registration purposes, take a small office on rent and start building your tour and travel company.

Step six

Choosing an office space is very critical for a successful and profitable business. The office should be well connected with other parts of the city, transport options, and discoverable Google Maps.

Nowadays, if you are not discoverable on Google Map, you will lose a good amount of business for sure.

Most importantly, if you are starting a tour & travel company, optimize your online presence. Make a company profile on Facebook, Instagram, Linked In, Pinterest, and videos for YouTube. And start promoting them. Your company should be visible to everybody on the internet.

Social Media is the most powerful marketing tool, and to be successful, your business has to be there.

Step seven

Hire a couple of staff to manage data entry, clerical work so that you can focus on client meetings and growing business. This will save you unproductive time and can optimize time as well as resources.

Step eight

Local advertising and word of mouth are two of the crucial mode of getting clients. If your service is good, one person will give your several other clients as a recommendation.

Do some traditional marketing in the locality. Print posters, pamphlets, hire some promoters and paste them across the available location in the locality.

This will increase your company's visibility. Traditional Marketing and Digital Marketing will be the perfect combination to promote your company and make profits in a shorter time.

Step nine

Make all the online payment options available on your website. Keep your website updated and post regular blogs containing relevant topics.

Today's generation is on mobile, tablet, and laptop. They like to pay online because it's fast and easy, so keep all the online payment options.

Step ten

After doing all the research, the customer's decision depends upon pricing. They will leave your site if they find better prices elsewhere. So, make a comparative analysis before fixing prices for packages.

Keep the "custom your package" option available, and this will give customers a choice to make a package as per their specific requirements.