Business Travel Trends 2010 – Part 2 |

In Business Travel Trends 2010 – Part 1 we found that businesses will begin doing away with any needless or excessive business trips. Travel protocols may turn out to be less restrictive, while companies will ramp up attempts to control travel-related hazards. Consumers will depend on merchants to become a motivating force in discovering “green” solutions and technology will continue to enhance the business traveler’s experience. Additionally, these significant business travel trends may evolve as well.

Merchants will persist in seeking out discounted distribution overheads. Pricing pressures will not diminish for suppliers, especially legacy carriers dealing with escalating competition due to new participants. Airlines and hotels will opt to reduce credit card fees, offering discounts in support of businesses willing to make use of lower-cost debit cards and/or new forms of payment.

Dynamic hotel pricing will soar. Revenue or yield management is expected to increase additionally within the hotel industry and dynamic pricing will turn out to be progressively widespread. Dynamic pricing could, however, put forward savings by streamlining the bid with regard to the proposal process as well as ongoing program administration.

Various dynamics will influence the competitive landscape. Several indicators pointed towards the single leading force concerning the airline marketplace as being the EU-U.S. Open Skies agreement. In addition to deregulation, the new fuel-efficient Airbus A380 as well as the Boeing 8 aircraft will influence competition on international routes by reducing approximately 15% in per seat expenses. On domestic routes, discount carriers will persist in exerting downward force with regard to fares and drive growth. Consequently, airline competition will, as you might expect, intensify in the short-term and diminish in the mid-term, with vulnerable participants either becoming acquired or completely displaced from the market. Concerning the hotel marketplace, supply will continue to remain short in major cities for the foreseeable future, despite the recent addition of new properties. With regard to ground transportation, seasonal price fluctuations are expected to be emphasized and rates will increase, indicating the higher cost of new vehicles

Merchants will progressively compartmentalize services as well as employ exclusive discounts. Customer liaison administration will additionally become more complex as suppliers gradually segment the market, looking for fresh ways to enhance the customer experience as well as seek out higher margins. With regard to the car and hotel industries, businesses will aim at various categories of corporate travelers through differentiated brands while aspiring to build loyalty among individual customers by way of customized services. At this point, the fundamental trend will be suppliers endowing travelers with enjoyment of their personal lifestyle wherever they are, softening the line between business and leisure.

Cooperation among industry participants will remain fundamental. Consumers as well as merchants have indicated the need for sincere dialogue in order to improve the industry. Consumers must be willing to appreciate suppliers’ constraints in order to possess more realistic expectations, while suppliers must be more than willing to have travel managers provide essential input as well as feedback. It was recommended that companies must not be afraid to make known their concerns with a view towards advancing their businesses

Will all of these predicted trends come to pass? It’s hard to say. Certainly many significant variations are possible. Obviously only time will tell, but at the very least it should prove interesting.

Private Jets for Business Travel; Part 1 |

The use of private business jets will triple over the next decade, driven by the introduction of relatively inexpensive “microjets,” the Federal Aviation Administration predicts.

The arrival of these very light jets could make corporate planes affordable to more companies and air-taxi services at smaller airports more viable financially. (The jets cost as little as $1.5 million, compared with $2.4 million for the cheapest corporate jets.) All that means more options for fliers. But in the process, beleaguered commercial airlines could lose high-paying customers.

The first of the new jets, the Eclipse 500, is expected to be certified by the agency after a safety review and is likely to be flying this year. The FAA said last week that it expects these jets to be popular enough to drive up use of privately operated jet aircraft by more than 10 percent a year over the next 12 years. By 2017, these twin-engine aircraft are expected to log 9.6 million flight hours, up from an estimated 3 million last year, the agency added in its annual forecast of aviation activity.

The agency predicted that 100 very light jets would be operating by the end of 2006, with the number growing by 400 to 500 aircraft each year after that and reaching nearly 5,000 by 2017. The General Aviation Manufacturers Association’s projections are similar; it says the industry is likely to produce 350 to 500 very light jets a year, with a maximum of perhaps 870.

“If the microjet and air-taxi phenomena are successful, it could mean great new travel choices,” says Gerald Bernstein, a partner in the Velocity Group, an aviation consultancy.
But not everyone accepts the FAA’s predictions.

Effective Strategies in Generating Leads Within Your Home Business Blueprint

When it comes to online business the most important thing is to get every visitor who comes to your site deliberately or accidentally to be interested enough to want to do business with you. This is, after all, the point of online marketing. Different businesses have different strategies to generate interest or leads. There are some who swear that the best leads are the ones who interact with you via social media so they advertise on Facebook, but there is no ultimate home business blueprint, no one way of getting it right. When developing your home business blueprint, there are things that are essential in generating leads for online business that you can follow. Here’s a list of the different methods that online marketers can follow to generate lead.

1. Create a Website

This is a no brainer. How else can you call your business an online business or talk about online marketing if you don’t have a destination website? Having a website is essential, all other methods should essentially bolster or direct people to this website. The website is your store, other methods like Facebook, Twitter, blogging or Instagrams should be regarded as the fliers that introduce people to your business or your product, your website is the place where all the information and ultimately, business transactions are supposed to take place. Your website is your core foundation of the home business blueprint. This means you need to work at the content in your website and present the content in such a way that it appeals to the readers.

2. Create Special Offers

People love free things but they appreciate free things that are useful to them. The easiest free gift you can give to a customer is a free download. Your home business blueprint can start moving along when you create a little bit of a buzz. By having people take advantage of free offers you create a chance for them to give you their contact details. The other advantage is that you are sure that the people you contact are interested in some way in what you have to offer. Create a form for visitors to your site to fill out, make it short and simple and make sure that you get their consent for you to send them any further information other than what they’ve just downloaded. Make sure that your free download ends up leading them somewhere else. Don’t reveal all your cards during the first round; create a platform for further communication between you and potential clients-this is a good start to your home business blueprint.

3. Use targeted ads to drive traffic to your site

There are various online services that offer opportunities to target specific audiences like Facebook or Google Ads. When people sign up for social media sites and create accounts with Google they are often asked to list their interests. You can use that to your advantage. Make sure you know and understand how to use these opportunities.

4. Create relevant content for your target audience

Tailor your content carefully to attract the audience that you want. Tailoring great content starts from how you write on your website to the free downloads you offer. You could also create newsletters to keep your leads informed. With any home business blueprint, make sure that you communicate your message clearly and that your passion comes through in your writing. Sometimes it takes a while to convert a sales lead into an actual customer because they might need information or they might require some kind of assurance that you know what you are talking about. Be the expert that can answer questions before they even formulate in your sales lead’s mind. If you come off sounding like an expert, your sales leads might turn to be your best advertisers if they quote you or refer people to your site for information.

5. Create multi-channel content

This step is where you really escalate your home business blueprint. Some people might not like reading all that much or they might like visual aids instead of endless paragraphs. Make sure that you cater for different needs. People access information in different ways on the Internet. Some rely on social media, which would require you to create short but engaging messages; some would like to get the in-depth information a newsletter would allow you to create, others blogs whilst others are best reached via video. It is better to create content that translates across all mediums. This means that you will have to create videos, use infographics or host webinars.

6. Use social media

I do not care who you are, but anyone that has developed and uses a home business blueprint, uses some sort of social media. If you don’t, you either have enough cash in the bank already, or you’re about to go broke because no one knows who you are. Social platforms have become the most effective means of getting information through and getting an immediate response. When you set up social media pages make sure that you keep them updated and that you engage with people who leave comments. This shows that you care about your business and it helps create relationships.

7. Participate in online chats

Getting online friend, or “followers” does not happen overnight. Just like a lot of the things within your home business blueprint, it takes hours, days and months of being online, connected to the right people on Twitter through whose following you might chance upon leads. Participate in Twitter chats that are relevant to your business. One you get those likes and followers work at building relationships and eventually wok at converting our Twitter friends to actual clients.

8. Join groups and forums

Again, social media platforms like Facebook enable people to create groups. Find groups that are relevant to your business and join. Make sure that the groups you join are active, that there are no dead silences that last for months; otherwise you might end up being the lone poster who annoys everybody else. It is easy to go unnoticed in groups but to make sure that people know you are there; you need to engage. Be personable… this is what makes your home business blueprint fun. Ask questions, wish someone a happy birthday, have conversations.

9. Form partnerships with others to cross promote

Find someone who has worked as hard as you have to build a network and find ways to collaborate. The best collaborations are with people whose business would enhance yours and vice versa. You might collaborate on a webinar to communicate what you are an expert in and they might do the same for you. The internet is a very big world, there is no home business blueprint for success. It is easy to get lost in the world wide web or to simply exist with no one ever seeing you, if it takes latching on to someone to be noticed, then latch on.