There are many great benefits when working as an independent travel agent. One of the most compelling reasons is building a strong business with solid profitability.
Even though the marketplace has changed, TPI makes it possible to establish and build a successful business. Agents simply need to follow TPI’s guidelines and take advantage of the tools TPI provides.
It is true that commissions on PUBLISHED airfares have been eliminated by most carriers. However, TPI has special fares available to you through consolidators. These discounted fares allow you to set your ticket prices near market values and keep the difference (less a small fee) as your profit.. Due to the complexity of international airfares, clients are often confused and need the help of a professional travel consultant. In most situations, only a travel professional has the knowledge and tools to access special fares for their clients.
You can make money booking cruises, tours, hotels, car rentals, conventions, groups, on some international and domestic airline fares, and other services. Your primary income is derived from commissions received from travel suppliers and service fees charged to your clients. Additional income can be earned by charging consulting fees for trip preparation.
The MOST profitable items are tours and cruises. A typical tour or cruise sale is over $3,000 and commissions are usually between 10 and 16 percent.
You keep 60 percent of the commission making the average sale worth over $200 to your business. There are also options for higher commission splits.
Keep in mind, to make these sales, you do not have to invest in inventory, or maintain an office, hire staff, or incur other overhead expenses. You can do it all from home.
You may also have the ability to deduct your home office, computer, internet service, and other expenses from your taxable income. Also, you may be able to deduct your own personal travel as a business expense. Please make sure to consult a tax professional familiar with current tax laws.
The travel business is fun and easy to learn! TPI is ready to help you get started!