If you're just starting out as a travel agent or thinking about becoming a travel agent, you might be wondering how do travel agents make money? There are two primary ways that travel agents get paid. Number one - Booking Commission. They get commissions from suppliers on the trips they book. Number two - Planning fees. They get a planning fee from clients they work with. Many travel agents get paid by both of these means they charge their clients a planning fee and they get Commission's on the trips that they book.
That's the basics of how travel agents make money but even more important than that there are low paid travel agents and high paid travel agents. In this video I'm going to share with you the difference between the two and here's the best part, it's actually less work to be a higher paid travel agent. Yes you get paid more and you work less, pretty cool right? I'm going to share with you how to become a high paid travel agent with plenty of time off for your vacations and fam trips. In order to be a high paid travel agent you need to have a tight well defined niche and know exactly who is your ideal client. A big hint here, it is not everyone. Low paid travel agents are not nearly specific enough about who their ideal clients are and the types of trips that they plan and book. There's a cheesy old adage that says the riches are in the niches and it's absolutely true.
I know it seems counter-intuitive to narrow your market however, you will work fewer hours you will love your work more your job will be easier and you'll make a lot more money. Think about doctors. General practitioners are among the lowest paid doctors. Specialists are the highest paid. Why is that? Because they are specialists. People value specialists more than generalist. People pay more to work with specialists and as a specialist your job is easier if you're only booking a specific set of destinations and working with a specific type of client. You don't have to know everything about everything you just need to be educated and savvy about one set of destinations and one specific type of client.
You'll deliver better service for your clients. Doing your job will be easier more fun and you'll be a higher paid travel agent after you narrow your niche and identify your ideal client avatar. You'll find that people are much more willing to pay a planning fee because again people value specialists and getting new clients is easier to your ideal client so one that are spending a significant amount of money on your trip they are the ones seeking out specialists so when you become a specialist they are more likely to seek you out and hire you. Below this video you can download a guide that walks you through a basic process for narrowing your niche and identifying your ideal client avatar. Inside the travel expert marketing academy we show you how to get so specific that your clients actually think you're living inside their head which is the key to effortless selling. You now know how travel agents make money and what the primary difference is between low paid agents and high paid agents.
Now I'd love to hear from you are you currently charging planning fees or thinking about it? Please share in the comments below. If you like this video click the like button and share with your travel agent friends and for more videos like this please subscribe to our youtube channel. It's your time to shine. What are you gonna do to break through to that next level of your travel business and life? Thank you so much for watching and I'll see you in the next video. Have you been thinking about how to get more ideal clients in your travel business? Do you want to know what wildly successful travel agents are doing? We can show you how to create a highly profitable and rewarding travel business without overworking yourself. We'll shortcut your success by showing you how to get as many new ideal clients as you can handle.
Find out how by going to: JoinTravelAcademy.com right now and registering for your free online marketing training which will show you how to be a wildly successful travel agent in today's market and you'll get a preview to the premiere travel expert marketing academy. Go to: JoinTravelAcademy.com right now and register. You don't want to miss out on this free valuable training. I'll see you there!
As found on Youtube
