Nevertheless despite the growth that the industry experienced the full sector is posed for more growth in the close future. Two factors would amazingly contribute to that.
First, the travel industry is a multi-trillion one in terms of dollars spend as almost every person takes vacations in the western globe today, even if it is for a few days. Include to that there are billions of people in the rest of the planet that are viewing their disposable income to grow every year, people that would naturally at some point spend some of that cash towards vacations, and would discuss about trillions more entering that market.
Even if the travel MLM firms hold the same percentage of the market we would still discuss about a phenomenal growth that could just be matched by the health and wellness industry. Definitely someone can argue that at the present time due to the issues in the American economy the full globe is poisoned for an economic recession. Although such thing is easy later or sooner the American economy would get fit again dragging the rest of the planet with it. So the present setback is only a change to the full trend which is upward.
Second, the network marketing firms that are active in the vacation business are getting more mature every year and are providing a bigger variety of travel products and deals for every budget. From high end luxurious holidays to affordable choices satisfying every person needs depending on his financial condition. Due to this the people begin picking this firms and their impendent agents more generally than they did in the past. And we are discussing about the true customers not distributors booking their own vacations.
The public begins viewing the multilevel marketing firms in the field as true legitimate businesses that have to provide them value for their cash and not as mere network marketing schemes.
The shift in the public attitude, although still many ignore businesses that operate under this model, would continue in the next years sending more and more customers to free travel agents. That would lead to a rise in the market share that MLM firms have which seems even more cash for its distributors.
Independent Travel Broker
Roger K. Olsson
Call: +46 (0) 705474835
State Travel Management (STM) Multi-Level Marketing