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Travel Innovation Partners LLP Delivering cool innovative technology to the Travel industry

Tip corporate ppt nov2012

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Page 1: Tip corporate ppt nov2012

Travel Innovation Partners LLP

Delivering cool innovative technology to the Travel industry

Page 2: Tip corporate ppt nov2012

A confluence of elements

The Elements

Cheap, reliable globalDelivery of SaaS

Travel industry fragmentationmeans harder to sell

Bring these elements together with a Professional sales team and….

Gifted SMEs with cool, innovative technology ~ solving problems

Page 3: Tip corporate ppt nov2012

A three legged Stool

By bringing these components together we enable a successful business model

A Partner network of connected Travel Industry seniors

Cool, innovative technology which is below the radar screen

Customers contracted by a Professional sales team

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How does it work?

• Travel Innovation Partners LLP sources cool, innovative stuff• Validates longevity & QC• Invests in Sales campaigns around common themes C level introductions Sales follow up Traditional account management process• Implement the support structure• Success commissions paid on performance

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EveryBody wins

• SMEs reach expanded ~ can now sell where they were previously not able

• Travel industry customers introduced to cool, innovative solutions that they would never normally see

• TIP LLP & Partners rewarded for entrepreneurship and have a little fun along the way

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Our Suppliers

• ID90T Airline employee travel systems• Travel Booster ~ State of the art dynamic tour

packaging• Process Outsourcing ~ IGT & GraspTech• SiteVisibility ~ Reputation management• Regify & Edifly ~ 21stC secure messaging• Energy efficiency for airports– Solar/ Screens/ LED lighting

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SitRep* ~ Roger so far

• 10 Partners– John McCulloch (ex CEO OneWorld) Chairman

• Sales coverage of Europe, Middle East, Asia & Oceania

• 3 suppliers contracted, a further 6 in process• First revenues $s

* Situation Report October 2012

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We aspire to…• To gain a reputation for being an

important source of innovation for the travel industry

• To achieve an operating cash break even within 3 years

• To achieve long term returns for PartnersOur 3 year Business Plan

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SWOT analysisStrengthsSynchronicity of the Three legged StoolSound vision/concept Very experienced group of Partners Good staff Asia knowledge

WeaknessesOld school modelAverage sale is smallNeed strong CIOLack of focus in solutions portfolio No sizeable order after 8 months Length of time to sign up new suppliers Slow investment in people

OpportunitiesIndustry fragmentationRaise more capital and speed things up Recruit more people Lots of products/solutions out there

ThreatsMany competing consulting networksCost structure may be too highPartner network may atrophyConcept not yet provenInsufficient long term Funding Choosing products that do not sell

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Chairman & Founders

Richard Stokes

Paul Whitwam

John McCulloch

Don Birch

Paul Whitwam

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Travel Innovation Partners LLP

Travel Innovation Partners LLPRegistered company OC373061

[email protected] BarnHigh Street, Low PittingtonDurham DH6 1BEEngland