Strengths
- Providing the best travel deals, even before starting to shop
- Insightful, data-driven research
- Data sets that gather billions of flight and hotel prices
- Informing users about price changes (e.g. when it fits their budget)
- Comparing different options from all airlines
- Saving user data to provide the best service in the future
Weaknesses
- New in the market, more marketing efforts are needed
- Small team of 10 people (not enough number of "Data Analysts")
- Lack of different language skills; especially German and French
- Mobile app version is not available yet
Opportunities
- Big amount of time spent looking for flight deals (3.7 hours)
- Current services are not personalized enough
- No big competitor in terms of handling big data properly - untrusted services in the market
- Happy users - positive reviews received in a short time period
Threats
- Not enough funds for strong marketing campaigns
- Usage of local travel agencies, therefore difficulty of getting the attention of these agencies to use Travelr
- Airlines sending deals directly to their existing customer base
- The difficulty of hiring international talent - visa sponsorships, etc.
Exit