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Internet Booking Engine Platforms for Diverse Business Needs by pramod kumar
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Internet Booking Engine Platforms for Diverse Business Needs |
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Travel & Tourism,Recreation & Leisure,Online Shopping
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Technology is the driving force behind transforming many aspects of human civilization and touching lives everywhere. Internet booking system, one of the most noteworthy developments in technology has made our lives easier than ever before. Now we can order food, make reservations for flights, trains, buses, hotels, and shop multiple products online and all thanks to this modern technological tool. While the internet reservation systems offer consumers the online convenience, it also opens up new business opportunities for the merchants. Depending on their business model, the organizations can benefit from the reservation tool. Let us discuss how booking engines profit different organizations: B2B Booking Engine: For the consolidators, wholesalers and host agencies, the B2B booking engine module is a good way to earn profitable revenue returns. The wholesalers, consolidators and host agencies exclusively use this tool to make the entire booking process convenient for the registered agents; with a B2B module, the agents can directly make bookings, put it on hold, and also can add a different payment form or pay directly through CC. Also, the agents can get the lowest fare through a fare quote without checking the availability for the same. Moreover, this form of reservation systems allow the consolidators, wholesalers and host agencies to exercise full control over the agent’s system. B2C Booking Engine: The retailers, OTAs, consolidators and home based travel agents mostly benefit from this business model. In this particular model, the reservation software is integrated with the retail website, so that end-consumers can search the product or service and make the booking directly. B2C model offers multiple benefits assuring smooth operation of the reservation engine, fast search and stabilizes the work under optimum load. Moreover, it reduces management hassle, increases profit share, minimizes operational cost and also integrates easily with the existing software system. B2E Booking Engine: This model helps travel agencies to centralize their booking in one single place. Along with saving time and money of the merchants, the solution helps them expand their business and grow rapidly by offering a host of services to their sub-agents. A B2E platform helps corporate file cash/credit limit, handle corporate queries through call center module, set up automatic e-mail SMS alerts, manage account and payment comprehensively, ledger report and send automatic confirmation/cancellation alerts to the customers. While using the internet, one of our primary concerns is of security. Online reservation software ensures optimum security to the users and keeps all their valuable details safe and confidential. With the technology developments, more and more research works are undertaken to strengthen the online security and to use safe payment gateways for monetary transactions. Though online booking software offer multiple benefits to the users, regular vigilance and maintenance is indispensable to protect the software. As it involves financial transactions, companies should take special care to avoid identity theft and other fraudulent activity.
Related Articles -
travel booking engine, internet booking engine, travel technology solution, airline booking engine, b2b booking engine,
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