Why is the Travel and Tourism Industry an Emerging Sector in Direct Sales?
Travel industry has been a growing sector in direct selling and network marketing since the early 90s. These companies were launched with many unbelievable offers and reward programs that attracted not only those people who wished to travel and explore the world, but also those who wanted to have a good and memorable time along with making some supplemental income.
Travel MLM companies that run their network with a structured and well planned compensation plan, and those which offered their distributors and customers with attractive incentives and rewards were able to grow and sustain for a longer period of time improving their network as well as revenue opportunities.
There have been many travel companies in the industry. Here is a list of the top direct sales travel companies based on their revenue in 2021. InCruises tops the list with an annual revenue of 109 million USD in 2021. They showed a growth rate of two percent from their previous year’s revenue of 107 million USD. MWR Life and Essens comes second and third on the list with revenues 75 million USD and 42 million USD respectively. Following them are ByDzyne, iBuumerang, Jifu, FireFlies, myEcon, Surge 365, and DreamTrips International.
While Essens is from Czech Republic and FireFlies is from Switzerland, the remaining eight travel companies are from the United States. Another common factor among these companies is that all these direct sales travel companies were founded in the 21st century, with ByDzyne and iBuumerang added to the list in the recent year of 2019. This interesting insight tells us that the industry and the market still offers plenty of opportunities and success for the newcomers.
Travel companies in direct sales work by providing subscription options and give many deals and promotions such as miles and discounts on hotels, airlines, cruises, car rentals, and condos. What attracts many distributors to this industry is the factor which is being able to travel across the world while making money by adding more members to your network at the same time.
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