the tour guy
TRANSCRIPT
Howdy.
The Tour Guy2
As travelers - when we visit a new place, we have needs.
Sometimes we need a local’s perspective. Sometimes we need to go swimming some place with a waterfall. Sometimes we need a ride.
the pain points
THE TOUR GUYdream big on your vacation
The Tour Guy4
Austin is the Capital of Texas and the Live Music Capital of the World. These distinctions, coupled with exceptionally strong housing and job markets, ensure a constant influx of new visitors and inhabitants to our city. Every week in Austin, there is a festival, a conference, a graduation, a seminar, a concert, a sporting event, and/or anything else. Our visitors want to have a good time when they are here and tap in to what makes this place unique.
4
market opportunity
The Tour Guy5
Primary Market Validation - interviews
The Tour Guy6
Primary market validation - survey 1
The Tour Guy7
Survey 1 - 38 Responses
Finding Things to do
Transportation
Airport/Flights
Kids
N/A
Cost
Time
0 4.5 9 13.5 18
BIGGEST PAIN POINT
Primary market validation - survey 1
The Tour Guy8
Local/Insider
Customized/Personal
Misc
Historical/Cultural
0 3.5 7 10.5 14
Ideal TOUR
Survey 1 - 38 Responses
Primary market validation - survey 1
The Tour Guy9
Local/Insider
Sightseeing
Transportation
Eat, Drink, Shop, Have Fun
Other
0 3.5 7 10.5 14
Survey 1 - 38 Responses
MOST IMPORTANT THING
Primary market validation - survey 1
The Tour Guy10Survey 2 - 17 Responses
6%
94%
YES NO
18%
82%
YES NO
If there were a service where you could call a local and ask them for recommendations, would you be interested?
Under similar circumstances, if there were a service where you could fill out an online form listing your likes, dislikes, and goals for your trip - and then receive a personalized itinerary within the hour, would you be interested?
1) 1)
2) 2)If so, what would you be willing to pay for this service, if it proved valuable?
If so, what would you be willing to pay for this service, if it proved valuable?
Avg - $10.64 Avg - $9.14
Primary market validation - survey 2
The Tour Guy11
• Based on the surveys, reliable transportation and finding things to do are the biggest pain points of being in a new city.
• People want unique, local, and customized options when they travel.
• Everyone is different in how they wish to connect to good times when they visit, vacation, or go on business trips.
• Enter - The Austin Tour Guy.
findings
The Tour Guy12
Market Validation
The Tour Guy is not just a tour guide. He’s a comprehensive solution to any and all needs of the modern traveler.
Transportation
Phone Consultations
Personalized Itineraries
Tours
Dance Lessons
Blogs, Reviews, Videos
solution/services offered
The Tour Guy13
Competitive Analysis and value proposition
All of these options are great in their own right, albeit with deficiencies. The Tour Guy’s value is in combining these resources in a convenient, accessible way.
TOURS
TRANSPORTATION
RESOURCES/Info
Dance Lessons
ATXcursions, Austin Detours, Access ATX Google, Lonely Planet, Yelp, Trip Advisor
Cabs, Cap Metro, Limo Service, Ride Share Two Left Foots, Austin Swing Syndicate
pros: cons:
pros: cons:
pros: cons:
pros: cons:
nice vehicles, organized, funoverly structured, touristy, pre-set
price, luxury, conveniencequestionable working knowledge of the city, won’t let you DJ
fun, cheap, knowledgeable instructorsonly one: I have better bad jokes
vast amounts of accessible informationtoo much data, not human,
passive, no dialogue
The Tour Guy14
Market ValidationBrowse Web
and Social
Fill OUT CONTACT FORM
CALL DIRECTLY
CONSULTATION CUSTOMIZED PACKAGE AND QUOTE
GO
how it works
The Tour Guy15
Market ValidationGain credentials and legitimacy
Showcase expertise
Acquire Customers
1
2
3
marketing objectives
The Tour Guy16
Market Validation
1) gain credentials
Safety and credentials will be concerns of any one seeking any type of guide. The Austin Tour Guide Association certification will help address this concern. It will also provide me with a valuable historical background of the city, which I currently lack.
Once certification is complete, ATGA markets their guides on their website and on affiliate visitor websites, like the Austin Convention and Visitors Bureau’s.
The Tour Guy17
Market Validation
2) showcase expertise
This will be done by creating content to be distributed through The Tour Guy’s various marketing channels. This will include videos, reviews, editorials, emails, and anything else.
The purpose of this content is to showcase a unique love and perspective of the city, coupled with a playful and engaging personality. This part will be easy, especially when they see me Two-Stepping in my Pink Gorilla suit.
The Tour Guy18
Market Validation
3) Acquire Customers: Initial PPC Campaign
I bid on the keywords listed on the previous slide. So far, some of them are getting decent traction. “Things to do in Austin,” and “Austin Tour Guide” have above a 7% CTR. An average CTR for Google AdWords is around 2%. There are too many factors to consider right now to estimate on actual
conversions once they get to the website, but at least people are clicking on the ads.
“Things to do in Austin” is costing about $0.49 a click. A decent conversion rate once they land on the website is anywhere from 2-5%. So for every $49 dollars spend on PPC, I can expect 2 - 5 conversions. Pricing and estimates will vary, but the tour guides I talked to make anywhere from $50 - 100 dollars an hour with a minimum # of hours. Taking this into account, the ROI on a campaign like this would be high.
The Tour Guy19
Market Validation
3) Acquire Customers: Initial PPC Campaign
The Tour Guy20
Market Validation
3) Acquire Customers: ATGA WEBSITE
As discussed, after certification, ATGA lists their guides on their website. They are currently #1 in SEO rankings after a search of “Austin Tour Guide.” They also list their guides on affiliate websites, like the Austin Convention and Visitor’s Bureau. This will be a very valuable buffer while I establish my own marketing mix (web, social, digital, on and offline, guerilla, etc.).
The Tour Guy21
Market Validation
Early
January ‘17
Mid
January ‘17
Early
February ‘17
Mid
February ‘17
Early
March ‘17
Late
March ‘17
April
Begin Tour Guide Certification
Build Contacts/Partnerships
Hotel Concierge Services, The Broken Spoke, The White Horse
Finish Touches on Website,
Social Pages, and Content.
Begin Creating content for
website and Social Presence,
begin building website to store
Create Marketing
Materials (flyers, brochures,
guidebooks), Compile Contact
List for Email Marketing
Finish Tour Guide Certification, List on Austin Tour Guide Association Website, Tours by Locals, and other Tour Operator Websites
Launch
Begin PPC campaign and distribution of marketing materials, Begin tours
LauncH roadmap/Timeline
The Tour Guy22
Financial Analysis/Growth Strategy
The first three years will be focused on:
1) demonstrating profitability 2) showcasing steady, if modest growth 3) establishing partnerships 4) creating strong relationships and reviews from customers
If these criteria are met, The Tour Guy will seek additional funding for expansion. This funding will be used to acquire a party bus and additional employees.
thank you/feedback/questions