Holiday firm collapses despite excellent marketing strategy

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  1. Spacey Gracey profile image37
    Spacey Graceyposted 14 years ago

    Just watched news report here in the UK, about a travel firm that has collapsed leaving 900 families out of pocket. The news reporter described their marketing strategy as 'selling holidays (vacations), at a very low price, sometimes lower than they had paid for them'.

    Oh how I wish I had been in that launch meeting......

    Marketing Exec: "Boss, we are going to take the market by storm, selling holidays for £100 each"
    Boss: "What are we paying for them"
    Finance: "about £120"
    Boss: "Great, lets do it"

    Ahh let us sigh and marvel at the ultimate power of group-think, leading a collection of otherwise sane business people to make decisions that individually they never would have committed to.

    Still the 'where did we go wrong' wrap up meeting shouldn't take too long.

  2. Pearldiver profile image69
    Pearldiverposted 14 years ago

    I'm a kiwi and we are 14000 miles away from everyone (and we don't consider Australia in that equation (for numerous reasons) hmm ) so we don't always get the news right DownUnder.
    My Questions Are:
    Was this the travel company that was owned by the partners of the Government MPs, set up several years ago to handle all the government staff travel deals?

    And

    Weren't they relying on the 30% government subsidy to counter the effect of Buying @ 120 - Selling @ 100?

    And

    It seems that the NZ vacations that they marketed here were also negotiated (accommodation-wise) not on a twin-share basis but on a six per room basis to ensure that their tours only required a maximum of 7 rooms per coach.
    This allowed hotels to be flexible and also let their less desirable rooms, which of course meant that could prune their tarrifs.
    My questions: Does this mean that the massage and callgirl services here (who also seemed to fit right into the 6 per room basis) and were charged discreetly under McDs Not-So-Big-Macs; does it mean that those services are now at risk as well?
    And... Do you know if they had maintained their insurance coverage for Unplanned Pregnancies, Maternity Leave and Baby Sitting.. for the affected girls here?

    1. WryLilt profile image75
      WryLiltposted 14 years agoin reply to this

      I think you put a bit too much thought into that! Bloody New Zealanders... Australia is awesome mate! LoL

      And OT. A committee is a life form with twenty legs and no brains. Or the more people on a committee, the less brains.

      1. Pearldiver profile image69
        Pearldiverposted 14 years agoin reply to this

        Yep you might be right about Australians mate... They do ALWAYS rise for the bait smile
        But mind you... Didn't you loose games in the FIFA W/C?
        And isn't there an expectation to gain a similar result in the Rugby W/C? hmm

        Don't say "Bloody New Zealanders!" roll
        - we've contributed our fair share of kiwi convicts to your rock pile over the years!
        You got our Pav.
        You stole NZ Insurance Ltd.
        We subside your mortgage rates by paying 1% extra through your banks.
        AND:
        Now you've got All of Phar Lap!! yikes

        Yeah Good On Ya Digger!!
        Thanks for dumping Rolf Harris on us yikes

        1. Kangaroo_Jase profile image74
          Kangaroo_Jaseposted 14 years agoin reply to this

          It's always the way isn't it, NZ vs Aus

          he he he smile

          1. Pearldiver profile image69
            Pearldiverposted 14 years agoin reply to this

            No.... But that's why the ANZAC Spirit is probably stronger than any relationship between any two other countries in the world.

            Ironic though for a nation that was built on the British Hard Labour system of breaking rocks and land... that the Aussi saving grace eonomically has been it's rockborne minerals.. smile

            Enjoy our Marmite mate! lol

            1. WryLilt profile image75
              WryLiltposted 14 years agoin reply to this

              Marmite's better than vegemite, I'll give you that! ...

              1. profile image59
                logic,commonsenseposted 14 years agoin reply to this

                Dynamite is even better!  It's the last sandwich you'll ever eat! smile

                1. Kangaroo_Jase profile image74
                  Kangaroo_Jaseposted 14 years agoin reply to this

                  Aye Pearl, agreed, the ANZAC spirit is strong and we still have ties to the UK and strong forging links with the US, but not as bound as Aus/NZ is.

                  Lara, go and wash your mouth out with soap, I will not sit here and TOLERATE such heresy !!!!!!!! your not giving your kids Vegemite????

                  As Darryn Hinch would say......SHAME! SHAME! SHAME ! big_smile

                  1. WryLilt profile image75
                    WryLiltposted 14 years agoin reply to this

                    Personally I like promite... smile

  3. profile image0
    ryankettposted 14 years ago

    If they only had managed to sell 900 holidays, then it suggests that they were also terrible salesmen!

  4. profile image0
    ryankettposted 14 years ago

    Wasn't this 1800hotels.ie?

    If so, that was an Irish business...

  5. Joy56 profile image67
    Joy56posted 14 years ago

    lots of peeps stranded at Manchester when i flew in this morning, they were expecting to go to Turkey, poor things.

  6. earnestshub profile image71
    earnestshubposted 14 years ago

    I just made toast with vegemite on it 2 minutes ago.
    I will now belt the hell out of it till it's dead before I eat it.

  7. becomepregnant profile image60
    becomepregnantposted 14 years ago

    this is greattt

 
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