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TIO TUTORIAL 5 - Coggle Diagram

- - - - Wholesalers –
        
        Benefit- Wholesalers have a large stock of finished products. They get discounts and volume discounts because they are buying in bulk. This helps to reduce purchase costs and increase profits
        
        Drawbacks- Wholesalers need a lot of money to buy goods. To avoid product shortages among wholesalers' customers
      - Direct sales -
        
        Benefit- Can save on overhead and start-up costs. Travel operators, for example, can take advantage of the Internet trend by creating their own websites and cutting out agency fees without paying agency commissions. For example, many airlines use the Internet to sell direct services to customers.
        
        Drawback- Strong competitiveness leads to business instability. Not only one tour operator uses Internet marketing, which allows people to shop around for what others think is the best price，and this is likely to cause some tour operators to lose revenue due to high prices.
- - - - I. Amadeus
      - II. Sabre
      - III. Galileo
      - IV. Worldspan
      - V. Apollo
      - VI. Pegasus.
- - - - I. Klook
        
        II. Booking.com
        
        III. Agoda
        
        IV. Hotel Trivago
        
        V. Expedia
        
        VI. Airbnb
        
        VII. Kayak.com
        
        VIII. Hoteller
        
        IX. Travelocity
        
        X. Tripadvidor