Making your Tour Company Profitable in Uganda
Making your tour company profitable is one of the most interesting things for every tour company owner in the tourism business. You must plan ahead and be organized enough to ensure that each tour you operate turns out to be profitable. We offer tourism training and coaching on making your tour company profitable.
Here are the 5 key things to consider in making your tour company profitable.
1. Selling all-inclusive tours.
Make sure that you collectively put together all safari components together and sell them in bulk, including all activities, accommodations, transfers, entry fees to all attractions, and flight tickets among others. The more tour items put together for your guests the more money the guest is likely to spend thus an increase in your profit margin.
2. Promote & Sell group tours.
Group tours tend to come up with large profits as opposed to individual tours. Groups ranging from 10 passengers to 50 passengers will certainly fetch a big markup percentage. Group tours come with huge discounts from suppliers thus enabling you to collect a high commission off the normal rate. Think of arranging and encouraging your agents to promote group tours. This is one way guaranteed for making your tour company profitable.
3. Start selling uniquely from your competition.
Selling uniquely is not only a key marketing strategy in growing your tour company business but is also believed as one of the greatest strategies on how one can ensure more profits for his tour business. Offering products that are off the normal beaten tourist track. Creativity and innovations here come to play, see what your competition is not selling and start promoting it to the market.
4. Selling long-haul holidays.
Short holidays will only fetch small profits. Tour operators can secure more profits from selling long safaris +7days onwards up to 30 days. The more time you have tourists in your hands, the more they spend, and thus bigger is to your profits. Making your tour company profitable is so simple and easy by positioning yourself in the market.
5. Run a niche by selling luxury travel.
Luxury safaris or holidays will fetch more profits than budget tours. Compliment your safaris with luxury tour products such as helicopter flight experiences, gorilla habituations visit, and private gorilla trekking encounters among others. This will grow your percentage markup.
A lot leaves to be desired but not forgetting keeping your operational cost low, keeping an organized and efficient, and effective team will attribute to your profit-making for your tour company.
