Saturday, July 25, 2015 6:09:26 PM
These carry about a 30% margin and average package will be in the $12,000 range.
Out of the 6 million members (only 5% would qualify) for higher end travel offerings = 300,000 potential customers.
- if 1% of that base book a trip in the next 12 months it would be 300 X $12000
= $3.6 million revenue with $1,080,000 gross profit.
For the second part we will have Nexttrip.com featuring lower to middle priced vacations averaging about $2500 and capture about 8% commissions.
Out of 6 million members roughly 10% would be the potential customer base to sell travel is 600,000
- if 1% book a trip in the next 12 months it would be 6,000 X $2500
= $15 million X 8% = $1.2 million gross profit
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