Page 97 - Introduction to Electronic Commerce and Social Commerce
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76                                                      3  Retailing in Electronic Commerce: Products and Services

           For example, all major airlines have pages on Facebook that   Sources: Based on Butcher (2008) and  wayn.com
           provide information and news about their airline and offer  (accessed April 2016).
           their customers a community to meet other travelers and
           share experiences (e.g., see  facebook.com/American  Questions
           Airlines).                                           1.  Visit wayn.com. What options do you find most exciting
              Several social networks have travel channels that cater to   on the site?
           travelers. An example of such networks is wikitravel.org,   2.  Enter wayn.com and identify all advertising options. List
           which features a travel channel that uses a wiki allowing any   them and discuss three that would work best for you as a
           Internet reader to create, update, edit, and illustrate any arti-  traveler.
           cle on the website (“the travel guide you write”). For a com-    3.  Identify the mobile capabilities on the site.
           prehensive  resource  on  travel,  see  tripadvisor.com.  Other   4.  Why has WAYN been so successful even though the site
           social networks available exclusively for travelers are Trip   requires subscription fees for some of its services?
           Wolf,  Trip  Hub  (a  blog dedicated  to  group travel),  Trip
           Advisor, Virtual Tourist, BootsnAll, and Lonely Planet. Case
           3.1 shows an example of a social network for travelers.    Benefits, Limitations, and Competition
                                                              in Online Travel Services


             CASE 3.1: EC APPLICATION                         The benefits of online travel services to travelers and travel
           WAYN: A LIFESTYLE AND TRAVEL SOCIAL                providers are extensive. The amount of free information is
           NETWORK                                            voluminous, and is accessible at any time from any place.
                                                              Shoppers can find the lowest prices. Travel providers also
           WAYN (wayn.com), which stands for “Where  Are  You  benefit by eliminating commissions and selling otherwise-
           Now?”, is a social network website with a goal of uniting  empty spaces. Finally, processing fees are reduced.
           travelers globally, allowing them to share experiences,   Online  travel  services  do  have  some  limitations.  First,
           describe problems, participate in forums, and find friends.  complex trips are difficult to arrange and may not be avail-
           WAYN, a UK company, has grown from 45,000 members in  able on some sites because they require complicated arrange-
           2005 to over 22.4 million in 2014. Approximately two mil-  ments. Therefore, the need for travel agents as intermediaries
           lion members are based in the United Kingdom. WAYN is  remains, at least for the time being.
           popular in most major developed countries.
              The capabilities of the site are similar to that of Facebook
           and  other  major  social  networks. Travelers  can  search  for   Competition in Online Travel
           contacts and visually locate them on countries’ maps. The
           goal is for travelers to keep their friends informed of where  The  competition in  online  travel is  intense.  In  addition to
           they are while traveling and, in turn, to be able to locate their  well-known pure players such as Expedia (expedia.com),
           friends (“find who is around”).                    Priceline (priceline.com), and Hotels.com (hotels.com),
              In addition, users can send SMSs to any of their contacts  there are thousands of travel-related sites online. Many ser-
           worldwide and chat online using WAYN’s Instant Messenger.  vice providers have their own sites, related websites advertise
           Utilizing WAYN, users can create discussion groups, make  travel sites, and tourist guides sell services or direct users to
           friends, plan trips, and ask for recommendations.  them. In such a competitive environment, online businesses
              As of  April 2016,  WAYN is available in 198 countries,  may fail (e.g., Travel-Ticker folded in September 2012).
           becoming a global and profitable brand. WAYN is followed on
           Facebook and  Twitter.  To survive, the company sells travel
           deals and provides advertising opportunities to service provid-    Corporate Travel
           ers (see wayn.com/advertising). WAYN can be accessed on
           the go via several downloadable mobile applications (see wayn.  The corporate travel market is huge and its online portion has
           com/mobileapps).  The site also provides an opportunity to  been growing rapidly in recent years. Corporations can use
           meet like-minded people and make friends. For a comprehen-  all the online travel services mentioned earlier where they
           sive description, see  tnooz.com/article/wayn-social-travel-  may receive special services. Companies can enable employ-
           revenue-gains (posted February 2014). To read an interview  ees to plan and book their own trips to save time and money.
           with the CEO of WAYN, see travelblather.com/2013/01/the-  Using online optimization tools provided by travel
           future-for-social-travel-websites-an-interview-with-wayn-    companies,  such  as  those  offered  by  American  Express
           ceo-pete-ward.html.                                (amexglobalbusinesstravel.com), companies can try to
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