Question: What would you do if you had more time and money?
Chances are, travel is one of those things you would love to do.
Given the current economy, people want to make money and to save money. Some will cut back on their most pressing needs, and others will go totally frugal.
We cannot argue, travel is something we would all love to do.
Given the size of the industry, people will no doubt still travel.
However, your choice of travel MLM business opportunity, as well as your own individual traits and characteristics will decide whether you find success or not.
Given the various travel MLM organizations around, such as Global Resorts Network, Coastal Vacations, Your Travel Biz, and so many others, you have so much choice in what company you choose to join.
The price point of whatever travel product or service you choose to advertise will however influence how well you may eventually do.
People will definitely be hunting for a bargain as they look to save on vacations and taxes for themselves and their loved ones.
So the low-end travel products and services will bring in the masses. These have universal appeal, and of course have to be better priced MLM travel products and services than what consumers are already buying, without sacrificing quality.
The mid-point and high-end opportunities and products may be viable, though perhaps a little more difficult.
For business builders, given the large size of the industry, there are definitely many opportunities that can be exploited, again with price being a major determinant.
World over, the baby-boom age band is nearing retirement. It’s been proven that for the most part, people in their later years spend more money in certain industries, particularly, healthcare and leisure travel.
A travel home business opportunity, if well positioned, can be a perfect offering for this generation. Not to say this is the only target market of course, as you also have budget travelers, adventure travelers, people seeking timeshare alternatives, corporate travelers, and many others.
Travel is something everybody does. They either book with you or Expedia, Travelocity, of one of the other travel providers.
In some cases, a travel business opportunity can provide more competitive fares than traditional travel companies and search engines, because of their bulk-buying concept.
A travel business opportunity will offer you multiple ways to earn money upfront, while you build a residual income. You can market cruises, vacations, holidays to dream destinations at dream prices, as well as conventional travel.
Some of these opportunities offer an option to become a travel agent or consultant, and market leisure travel at very competitive rates for the most part.
Success with travel will depend on your offering something that offers the customers usefulness, or helps them create or save money without too much hassle or difficulty.
Travel is a broad and very competitive industry, but targeting a small niche within this industry, gives you focus and can lead to greater success that trying to take the whole market.
Travel network marketing companies carve out niches within the broader travel industry. In marketing travel, it may well be wise to choose a company that works within a niche that best suits you, and that shows signs of growth in the years ahead.
Travel is not a difficult concept to explain. Compare this to other industries, where you have to explain technicalities and complexities involved with the products (science and formulas behind them).
The easier the product is to talk about, the easier it is to duplicate.
While there will undoubtedly be so many ways to market your travel MLM business opportunity, it will all depend on the effort you put in, as well as what the best market for you is.