This article is about how to become a travel agent in Nigeria currently in this year 2023. Nigerian travel agencies have seen exceptional growth and are making a lot of money from this industry as a result of the sector’s apparent rapid growth and the high degree of interest from potential entrepreneurs. If you want to venture into the travel agency business, we advise that you read this post to learn how to become a travel agent in Nigeria today.
Given that so many individuals frequently travel and depend on travel agencies for assistance with their vacations, the travel agency industry in Nigeria has enormous potential on the market. Thousands of people buy tickets every day to commute to and from work, take tours, visit friends, and go to the seaside. They should at least ask the travel company for a ticket.
Given how rich and profitable this industry is, there is a lot of competition. Many Nigerians launch their own travel businesses in the expectation of becoming wealthy. As a result, developing a travel business that will appeal to customers and uphold its good reputation would require a lot of work and we will put you through on how you can best become a travel agent in Nigeria today.
GUIDE ON HOW TO START TRAVEL AGENCY BUSINESS IN NIGERIA 2023
It goes without saying that you will need to work hard to fulfill your dream of being a travel agent in Nigeria. Travel agencies must be reliable, have fast thinking, and have a thorough understanding of how the tourism industry operates. If you are thinking about opening your own travel agency in Nigeria today, the steps listed below may be helpful:
GET THE REQUIRED TRAVEL AGENCY KNOWLEDGE AND EXPERIENCE
In Nigeria today, a lot of travel agents start out as independent agents. You can probably only learn about the industry and obtain some fundamental experience in this way. You will get to meet the veteran travel agency operators, who may be able to help you out with resources and exposure. Then, after a while, you will have the opportunity to start your own travel agency.
By the time you are prepared to handle it on your own, you will already have a clientele of people you can rely on and sufficient business expertise to feel at ease. It is strongly advised that you complete the traveling agency training before considering opening your own business. This is why IATA recognized colleges offer quality instruction and the chance to obtain a formal license for your company.
GET CERTIFIED AS A TRAVEL AGENT
There will not be many certificates required to operate the travel agency in Nigeria. You are strongly encouraged to pursue a degree in tourism, nevertheless. If you want to succeed in this industry, it will be an added benefit, therefore you should start considering these issues and balancing the positives and negatives early on.
MEET THE FINANCIAL REQUIREMENTS FOR YOUR TRAVEL AGENCY BUSINESS
Your office space and technical equipment are the bare minimum prerequisites for starting your own travel agency business in Nigeria today. Aside from that, you will also require some co-workers and a start-up budget of at least ₦500,000 – ₦700,000 to run your small travel agency firm. If you keep up the good work, you will eventually be able to increase both the funds and the business.
CREATE YOUR TRAVEL AGENCY BUSINESS PLAN
You will need a strong business strategy that will enable you to function without problems if you want to be successful in the travel agency industry in Nigeria today. Your company strategy will assist you in finding investors and clients. The feasibility study must be integrated into the plan; this will improve your perception of potential future projects. You can search online for business plan or feasibility study samples; there are plenty available. You can always use them to create an organized, well-planned business.
EMPLOY STAFF FOR YOUR TRAVEL AGENCY
You can manage your travel agency on your own when you first start the business. However, you will need to employ some people if you wish to succeed on a large scale. Additionally, doing it this manner will be beneficial for your mental health because any successful worker knows how crucial it is to keep stress levels at a minimal. Working with others is generally more productive than working alone since you get to know them better, can solicit and give advice from them, and can accomplish tasks much more quickly while working together.
FIND THE PERFECT LOCATION FOR YOUR BUSINESS
You must keep in mind that some places are better suited for your travel agency business in Nigeria than others when deciding where to start your firm. The convenient places where you will have an opportunity to prosper are hotels, automobile rental agencies, and flight booking websites. To determine the potential locations for the firm to succeed, you must conduct some study.
REGISTER YOUR TRAVEL AGENCY
It is crucial to officially register your business with government agencies like the Corporate Affairs Commission (CAC) and other similar institutions if you wish to operate a successful travel agency in Nigeria. You must register a corporate bank account in order to operate the firm and save money.
PURCHASE EQUIPMENT FOR YOUR BUSINESS
For this business, you will not require a lot of heavy machinery. If you work from a modest office, a computer system with a reliable internet connection, a reliable electrical supply, a phone, tables, and chairs will be sufficient.
ADVERTISE YOUR BUSINESS
Your chances of attracting dependable clients are extremely slim if you choose to keep your travel agency business in Nigeria a secret from the world. You must therefore effectively publicize your agency. You can choose to promote in publications and newspapers, include your travel agency in several Nigerian business directories, or come up with other methods of introducing people to your offerings. Purchasing marketing leads with phone numbers and email addresses, conducting targeted phone calls, and sending emails are some of the efficient methods.
If you are doing it over the phone, be prepared for many rejections, but there is still a potential that some people will be interested. A website for your business should also be created, either by you or someone else on your behalf. Your success will also be significantly influenced by your social media accounts. These days, social media networks are used by millions of individuals, and you can use them to promote your travel agency business. Finally, in order to promote themselves, newcomers into this business frequently send proposals to larger agencies.
FIND YOUR NICHE
The only decision you will need to make when starting your travel agency business in Nigeria is to find your niche as this business is very broad. Perhaps you excel at assisting people with visas, or perhaps finding cheap airfares is your true calling. You might find that what you do best is planning excursions or other events. Planning your business will be a lot simpler once you know what you want to do most.
JOIN THE NECESSARY ASSOCIATIONS AND ORGANIZATIONS
There would be a lot less likelihood of success if you launch your travel agency in Nigeria without any contacts and keep operating in this manner. In order to assist you with consumer database and promotion, you will undoubtedly need to look for several partner firms. These include the National Association of Commission Travel Agents (NACTA), the Nigerian Society of Travel Agents (NSTA), and International Air Transport (IATA). If you join all three of these, it will be a tremendous benefit to you because they will help you gain visibility. You get the ability to interact with a lot of new people who might end up being your clientele.
COMMUNICATE WITH EXPERIENCED PEOPLE
Remember to interact with those who are knowledgeable in this field so you can pick up new information from them. They could share their own professional triumphs and setbacks with you while also offering the best guidance. They might even be able to assist with your company’s marketing.
REQUIREMENTS FOR BECOMING A TRAVEL AGENT IN NIGERIA
You need to be extremely knowledgeable about travel to succeed as a travel agent. You must be knowledgeable about a variety of topics, including booking a holiday, planning excursions and trips, obtaining a visa, and ticket sales. Most essential, you must have a lot of interpersonal communication expertise because you will need to interact with people frequently.
It is important to heavily promote your travel firm. Otherwise, no one will be aware of it, therefore you must print numerous flyers, business cards, and posters, as well as set up and regularly update social media profiles for your company. Naturally, having a positive attitude and being nice to people would be a big plus. Since the travel industry relies on providing services, it is important that you put your clients at ease. Make sure that you can give a high-quality service without any potential unforeseen circumstances since without it, your firm will fail to succeed.
HOW TO BECOME A LICENSED TRAVEL AGENT IN NIGERIA 2023
To become a travel agent in Nigeria today, many people decide to earn their IATA accreditation. Your business as a travel agent in Nigeria will need to be registered with IATA and granted travel agent status as a result. However, you should balance all the advantages and disadvantages and educate yourself on all the IATA regulations before making this choice.
Typically, being an IATA-licensed travel agent is expensive. But once you do, you will have access to some special benefits like attracting a lot more clients and having access to the IATA database, where you can find the best tickets to sell to customers. You will make more money as a result. Additionally, you will be able to reserve the chartered flights.
The following are the requirements for registering your travel agency at IATA this 2023:
- Your company must employ at least four or five people. At least two of them must have sufficient experience working for airlines and travel agencies
- Your office should house your travel business
- The travel agency must have a minimum of four technical systems, specifically four computers with reliable internet connections and 24-hour power supply
- The required start-up capital must range between ₦1.5 million – ₦5 million. This largely relies on how large you want to start and where your travel agency is located
- Once you are certain that you have complied with all the requirements, registration processing can begin. You can check out www.iata.org, IATA’s official website, if you have any additional inquiries about obtaining the license
- You will be allowed to join the Global Distribution System (GDS) once you have finally obtained the license. Licensed travel agencies utilize this system to reserve hotel rooms, airplane seats, and other associated items. The most well-known GDS businesses include Amadeus, Sabre, and Galileo. On their official websites, you may see the registration requirements.
- The IATA registration and GDS membership are frequently included with the training courses. They will assist you in discovering the incredible opportunities you can obtain by utilizing these technologies. If you wish to utilize IATA and GDS systems to their full potential, you must direct your focus toward the courses.
TYPES OF TRAVEL AGENCY JOBS IN NIGERIA
The following are the various types of travel agency jobs in Nigeria today.
FREELANCE TRAVEL AGENT
If you decide to operate as a freelance travel agent, you won’t necessarily need a lot of equipment; in some cases, a laptop with functional internet and a printer would be sufficient. You will also require less money to get started. With a freelancing career, you can interact with clients and offer services without ever leaving the comfort of your home. The office would therefore plainly not be required. However, if you want to succeed as a freelance travel agent, you must have your own fair share of clients who have faith in your abilities and frequently come to you for assistance.
The independent travel agents must be affiliated with IATA-registered operators. You will be able to act as a sales outlet for them. Working with a certified travel agency has some benefits, one of which is that they are frequently the first to learn about savings. It is highly advised that you establish a relationship with the authorized agent. For instance, you will not be able to pay directly for the plane ticket you buy from the international airline, but you will be able to do it through the IATA agency because they are connected to the largest airline operators.
By working as a travel consultant, you will have the opportunity to offer clients who are having trouble deciding on a trip valuable guidance. There are several kinds of recommendations to give them, including the best tours to the locations they want to see and other suggestions that will enhance their travel experience.
Every person who applies for a visa requires assistance from a professional because the visa process can be rather time-consuming at times. Customers can pay you fees for your help with the visa application process, and in today’s market, you can profit well from it.
MARKETING EVENT TICKETS OUTSIDE OF THE COUNTRY
Many Nigerians have aspirations of attending significant events abroad. For instance, supporters of English clubs in football want to witness their favorite teams in action, and concert goers will do whatever to attend their favorite international superstar’s performance. You can sell tickets to these people in this situation, and it occasionally turns out to be a very lucrative business.
ORGANIZATION OF VACATIONS AND TRAVEL
Many Nigerians like taking sightseeing trips or spending their vacations at the beach. You might assist them in planning their dream vacations at an affordable price. You can get them decent lodging or plan the excursions around their trip.