Talking Travel-The Magazine Spring, 2013 | Page 8

y School’s out for the day in Kandy, Sri Lanka This article first appeared in www.travelmarketreport.com For the host of a fam trip, the return on investment is measured in increased sales from the travel agents who participate. For agents themselves, the ROI of fam participation may be as simple as personal enjoyment and fulfillment. For the travel agency who sends its advisors on fams, the returns can and should be considerable – including increased revenues and improved client retention and referrals, thanks to the your agents’ insider knowledge and the excellent service they deliver as a result. Here are eight ways to get the best return on investment when your travel sellers go on a fam. 1. Set clear expectations. Provide both first-time and experienced fam trippers with what I call a “fam trip purpose and conduct manual.” This explains what the agency expects when an agent returns from a fam. For instance: educating other sellers about the destination; writing a report for the agency newsletter, social media sites, blog and/or host agency’s list-serve, and outlining a marketing plan and sales projections for the destination or product. 2. Choose sensible destinations. Not every destination is fam-worthy. We once received an application from an Antarctica specialist for a fam to Sri Lanka, a destination she admitted she would never sell. The destinations you want your staff to master are the current and future mainstay and trend-setting destinations that will accrue revenue to your bottom line 3. Ensure that agents are prepared. Begin by educating agents about the many details involved in putting together a fam, particularly when it involves a preferred supplier. Then, emphasize that the agent’s own pre-trip preparation should include, at a minimum, researching the basics of the destination, including preparatory map work, and understanding the itinerary. 4. Customize as you familiarize. If an agent is visiting a resort that fits one of your specialties, such as weddings (or sports or bird watching), she should meet with the appropriate resort specialist. An agent’s expertise includes their “little black book” of important contacts at a destination — the movers and shakers who can deliver the trip enhancements that exceed clients’ expectations