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Knowledge is power, especially when it comes to your business's financials. Knowing your numbers allows you to set realistic goals, make informed decisions, tailor your marketing strategies, and ensure the financial health and sustainability of your business. In this episode, Jennifer and Robin discuss the key numbers that travel advisors need to be tracking, such as operating expenses, total annual revenue, average trip cost, profit margin, and lead to client conversion. They also explain the significance of each metric, as well as tips for tracking and analyzing them. Whether you're a numbers person or not, these insights will help you better understand the importance of knowing your numbers and how to use them to project and achieve growth for your travel business!
Today we will cover:
_____
Listen to Episode 65: Should You Require A Minimum Trip Investment? with Susan Whitson
Listen to Episode 41: What We'd Do Today If We Started Our Travel Business Over
THE NICHE COMMUNITY: tiquehq.com/niche
Join Niche - An interactive community membership for travel advisors wanting to grow their business!
SEMI CUSTOM BRAND KITS: tiquehq.com/semi-custom-brands
Browse our collection of pre-designed brand kits that are customized to your brand's unique personality by our talented Creative Director!
_____
FOLLOW ALONG ON INSTAGRAM: https://www.instagram.com/tiquehq/
CHECK OUT OUR SERVICES & PROGRAMS: https://www.tiquehq.com/
4.9
9696 ratings
Knowledge is power, especially when it comes to your business's financials. Knowing your numbers allows you to set realistic goals, make informed decisions, tailor your marketing strategies, and ensure the financial health and sustainability of your business. In this episode, Jennifer and Robin discuss the key numbers that travel advisors need to be tracking, such as operating expenses, total annual revenue, average trip cost, profit margin, and lead to client conversion. They also explain the significance of each metric, as well as tips for tracking and analyzing them. Whether you're a numbers person or not, these insights will help you better understand the importance of knowing your numbers and how to use them to project and achieve growth for your travel business!
Today we will cover:
_____
Listen to Episode 65: Should You Require A Minimum Trip Investment? with Susan Whitson
Listen to Episode 41: What We'd Do Today If We Started Our Travel Business Over
THE NICHE COMMUNITY: tiquehq.com/niche
Join Niche - An interactive community membership for travel advisors wanting to grow their business!
SEMI CUSTOM BRAND KITS: tiquehq.com/semi-custom-brands
Browse our collection of pre-designed brand kits that are customized to your brand's unique personality by our talented Creative Director!
_____
FOLLOW ALONG ON INSTAGRAM: https://www.instagram.com/tiquehq/
CHECK OUT OUR SERVICES & PROGRAMS: https://www.tiquehq.com/
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