Write 8 pages thesis on the topic advantages and disadvantages of travel trade on the internet.

Write 8 pages thesis on the topic advantages and disadvantages of travel trade on the internet. First, there is always a risk that a venture will fail because of the huge competition that it will face. Second, as there will be several competitors, it is really tough for a person to draw attention of customers by rightly focusing on the uniqueness of his products. Third, it is not always certain that even after delivering products a person would be able to receive the right amount of payment. Advantages and disadvantages of travel trade business on the Internet are manifold.

Since last few years the Internet has emerged as one of the most powerful mediums when it comes to marketing the facilities that a travel-tourism organization is providing to its clients. Not only the private sector organizations but also government tourism departments are using the Internet as one of the most effective means to cater their services to the people. However, even just a decade back most of the websites of such organizations used to contain few descriptions about the products they are offering and a “reservation booking engine” (Thomases, 17th September 2005) but post globalization business competition has led those such situation, where those companies, for the sake of their survival, have been compelled to introduce new technologies on their websites with the intention of making task of the customers as much easy as possible- “The travel industry is quickly recognizing that building a web site with a reservation booking engine is simply not enough. The Web is one of the most powerful marketing vehicles known to travel, tourism and hospitality entities.” (Thomases, 17th September 2005).