trippki makes travel more rewarding · 2018. 4. 16. · niche marketing strategy to establish...
TRANSCRIPT
Trippki makes travel more rewarding Trippki is a hotel booking and rewards platform that creates a better relationship between hotels and their guests
Addressable Market
THE MARKET
• The global hotel booking market is worth $528 billion and is expected to double by 2030
• Online bookings through Online Travel Agents (OTAs) account for 40% ($211 billion) of the market
• OTA annual commission is estimated at $32 billion
• The OTA market is highly concentrated
Priceline Group and Expedia will control 94% of all online hotel bookings by 2020 Many well known OTA brands are owned by these two companies
THE MARKET
OTA dominance is distorting the hotel booking market
• High Commissions Hotels pay up to 30% commission to OTAs; smaller hotel groups pay even higher levels of
commission
• Brand Hijacking
OTA brands are growing in dominance on the back of established hotel brands
• Rate Parity
OTAs commit hotels to consistent rates across all channels
• Indirect Relationships Intermediaries are now controlling the customer relationship
• Loyalty
Hotels struggle to develop customer loyalty due to the breakdown in the direct relationship
with the guest
THE CHALLENGES
Fixing the broken hotel reward system…
Loyalty programs are expensive to run
Terms & Conditions are confusing
Cumbersome redemption procedures
Inflexibility in redemption of rewards
Points are only redeemable at source
Focus is on rewards and do not create loyalty
THE CHALLENGES
OUR APPROACH
A new on-line booking platform
Guest booking hotel roomsB
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Hotel Diary
Property Management System
Channel Manager Hotel Booking Engine
TRIPLoyalty
Rewards
OUR APPROACH
How it Works
OUR APPROACH
In the Trippki model part of each booking payment is converted into Trip tokens, a portion of which are given to
the customer as a loyalty reward on completion of their stay. We call this model Proof of Stay.
Our USP
• Differentiated to existing OTAs on platform, price and approach
• Niche marketing strategy to establish foothold in the on-line booking space
Heavily focused on affiliations , referrals and content marketing
(e.g. not focusing on Google ad words/pay per click)
Build Trippki brand awareness
• Customer focus is the crypto-community
Large growing market base who travel
Personal referral marketing programs
• Target hotel and accommodation segments
Small independent hotel groups (significant commission price advantage)
Niche market sectors (e.g. safari and eco-tourism lodges)
High volume, on-line booking platforms that do not currently offer loyalty rewards (e.g. channel managers)
OUR APPROACH
The Trippki Architecture
1. The customer facing Trippki Booking Platform
2. Allowing FIAT and crypto-payments to be split between the customer and hotel
3. An open rewards Protocol through which TRIP Tokens are rewarded
4. A record of all TRIP Reward transactions through which suppliers and customers are connected
THE ARCHITECTURE
Let’s have a look at how it’s put together
THE ARCHITECTURE
Identity and Reputation Layer
• Guest downloads the Trippki App and creates a unique identity on a public key
• Guest builds up reputation based on stays and spending behavior
• The Hotel uses the public key to verify the identity of the guest and to validate the guest reputation
• The Hotel can make bespoke offers to their guests based on the guest reputation
• The Hotel also builds up reputation for every reward transaction, which can be viewed by prospective guests
THE ARCHITECTURE
How Trippki benefits hotels
• Establishes a reward system with real value – TRIP Tokens
• Substantially reduces commission payable to OTAs
• Allows a direct relationship to be cultivated with the customer
• Positions hotels for the new crypto economy, including it’s social media reach
• Allows hotels to reward customers with individually tailored deals
• Can integrate and add value to existing hotel loyalty/reward programs
THE BENEFITS
How Trippki benefits consumers
• Guest earn TRIP Tokens, a cryptocurrency reward token with external value which: Are transferable
Can be used to pay for hotel bookings on the Trippki platform
Can be used to pay for ancillary hotel services
Are tradable on cryptocurrency exchanges for liquidity
Can be held as a store of value
• Customers can earn additional TRIP Tokens by participating in the referral/affiliate programmes and spending on hotel goods and services
THE BENEFITS
Vera is the owner of Ecoalsur, a specialist travel company that creates unique travel experiences in the Southern Hemisphere. She has been working on many projects as
the business development lead for Latin America, including Trippki.
Vera Tochetti Business Development, Latin America
We are Trippki
Ed has 20 years experience in the tourism, hospitality industry and is the Managing
Director at Bentleys Bespoke Travel. He has been working on the concept
behind Trippki since discovering cryptocurrencies in 2014.
Highly motivated professional with deep expertise and strong interpersonal skill-set. 16 years experience in IT solutions and services
development and delivery (Outsourcing, BigData, Data Analytics, Cloud Computing/SaaS/IaaS, Data
Centers, Telecom).
Mark has extensive experience in the travel industry starting out as a developer and then moving into more commercial roles over the years. Working primarily in travel tech, Mark has held senior leadership roles in Travelport
& eviivo more recently.
Bill is a senior executive with broad experience in commercial management,
business development and finance functions in both start-up and multi-national
companies. Bill is a former CFO at GSK.
Ed Cunningham Chief Executive Officer
Alex Karichensky Chief Technical Officer
Mark Croston Chief Commercial Officer
Bill Purves Chief Financial Officer
OUR TEAM & ADVISORS
Graham was formerly the MD at Tsogo Sun Hotels and a Sun International Resorts
Director. Graham was also the Director of Operations at Sun City Resort, South
Africa.
Graham Wood Travel Industry Expert
OUR TEAM & ADVISORS
Marc is the owner of Talking Stick Marketing, a company that has represented hotels in Latin America, Europe, Africa and
Asia for over 30 years.
Marc Reading Travel Industry Expert
We are Trippki
Robin Cormack is a travel and marketing professional with 22 years experience. He
runs Mamba Media, a digital marketing agency delivering bespoke marketing
solutions to a range of tourism clients. He is also a digital entrepreneur, launching a
new worldwide safari portal – SafariDeal.com
Robin Cormack CMO - Digital
OUR TEAM & ADVISORS
Our Advisors
A software engineer, a hacker, an angel and a crypto evangelist. Was part of the
Eth Dev, Ethereum Foundation and Parity Technology teams from the earliest days.
Konstantin Kudryavstev Software Engineer
Hollis is the founder and CEO of Blockchain Global Advisors. At BGA, his bold vision is about private enterprises for public good.
Hollis has over 25 years’ experience helping companies and individuals protect,
grow and transfer wealth.
Hollis Hedrich Industry Expert
Peter is an experienced independent customer loyalty marketing professional
with extensive expertise across all aspects of customer loyalty and data insight.
Recognized as a global expert on customer loyalty marketing initiatives, Peter has
worked on large scale consumer loyalty program models for many high profile
companies.
Peter Wray Loyalty Rewards Specialist
Charles Whitmore Technical Expert
A collaborative technology leader with a strong development background in finance
and startup sectors. I have experience building and managing teams using both Waterfall and Agile methodologies. I am gregarious and thrive in a team oriented
environment.
Marc is the creator of Bitcoin Chaser and founder at Blocksmarter and has been
involved in the cryptocurrency industry since 2013. Marc has an extensive
background in online gambling and marketing both as an operator and affiliate.
Marc Kenigsberg Affiliate Marketing and Crypto Expert
Leonardo Co-founded Couchsurfing.com and today helps AI researchers start companies
from scratch at hackmind.ai.
Leonardo Bassani da Silveira Technical Expert
OUR TEAM & ADVISORS
A software engineer, a hacker, an angel and a crypto evangelist. Was part of the
Eth Dev, Ethereum Foundation and Parity Technology teams from the earliest days.
Our Advisors
Peter Howitt Legal Advisor
Paul is the CEO of Quantave, an institutional gateway to digital asset
liquidity, and has been an organiser of Coinscrum, one of the world’s largest
bitcoin and blockchain-related networking groups, since 2012.
Paul Gordon Industry Expert
Vinay is a humanitarian turned technocrat. He runs a new deep tech VC. Vinay helped
to launch the Ethereum Project.
Vinay Gupta Strategic Advisor
Hotel Partners
PARTNERS & ALLIANCES
Platform Partners
• Trippki are in discussions with a number of channel managers and accommodation booking platforms to offer the Trippki booking and loyalty reward system
• These platforms can provide access to thousands of hotels and other niche accommodation market segments
• Trippki will provide a new booking channel to all the hotels on the platform
• The platform will offer the TRIP loyalty rewards to accommodation providers that do not traditionally have a loyalty reward scheme
• The target is to sign up one platform into the prototype beta testing phase
PARTNERS & ALLIANCES
Strategic Service Providers
PARTNERS & ALLIANCES
Roadmap
Project Launch
Aug-2017
Q4 2017
• White Paper • Prototype Design
Jan-May 2018
Jun-2018
• MVP go Live • Token Pre-sale
• Development of MVP • Sign up Phase 1
hotel groups for MVP
Aug-Dec 2018
Jan-Aug 2019
Sept 2019
Q4 2019
• Onboard Phase 1 hotel groups onto Live MVP
• Phase 2 system design • Hotel business development • TRIP on Exchanges
• Phase 2 system development • Sign up Phase 2 hotel groups • Sign up strategic partners
(e.g Channel Managers, Travel Operators)
• Implement referral and affiliate marketing strategies
• Fully launch Trippki business
• Onboard Phase 2 hotels • Onboard Phase 2 strategic
partners
Jul-2018
• Token Sale
Q1 2020
• Go Live Phase 2 System Product