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Unfortunately, I think it takes 18 months at least to be normal traveling, even if pademic end up within 6 months but people will be very scared to travel out, it takes 12 months to be not scared for traveling out
the time for Locktrip to grow the booking is in this situation, so it is unfortunately
I think with the affiliates poised to get their referrals in, once travel restrictions are lifted then we’ll climb to that 100 booking per day quite quickly.
Burning so much money to pay salary for employees without any revenue in long time
Hi guys, I want to buy 0.4btc worth of LOC token, kindly DM if you've got some for sale, thanks👍
We’ll see. Personally I’m going to be getting my affiliate website advertised widely here in the UK once the restrictions are lifted. I’m just one of over 100 so it depends how much work everyone puts into it. Potentially it can happen quickly. I know people here are keen to start booking their holidays again once this is over. I’m expecting a travel spike. Lots of hotels and airlines need to stay afloat so they’ll be encouraging people to travel with their own incentives.
I don't agree. In my experience everyone will have to take their annual leave in the last 4/5 months of this year. The demand will be higher than ever for that period
Hey Thanh, have you read our Corona-update for the community? It shows out financial situation, how long we can keep going and what alternatives we have in the worst case of running out of money 😊https://medium.com/locktrip/covid-19-update-from-locktrip-410a3ed1518e
Can I ask if i am in the affiliate program, i made my subscription but never get a confirmation email?
Sure. It is very likely that some of them will be relevant to others as well :) Please make sure to numerate and consolidate them in a single post, so that we can answer them in an orderly manner 😊
What will be the 5 fold Guarantee Rogram?
If by every booking that occures, some LOC get burned, wil that drive to the moment that there will be only 1 Loc?
How can I a list a property? how much does it costs?
When a new property is listed, that exist onbooking.comtoo, do you ensure that the price is Significantly lower?(because of the fact that when booking is invilved ,the owners pay commision)
Who is in charge for the affiliate program? Whit who is it best to communicate? Nevada or Florian?
Can i go to places (hotels, rooms) and make them list there properties to LockTrip?
What is a dedicated A/B testing sprint for the sign-up procedure?
Can i start now to promote LockTrip throug articles,Medium.com, Quara, reddit, and other blocks and forums or is there any limitation?
The special perks are valid only for the duration of the lequa or longlive?
Can i go to a travel agent and make bussines with him?( He could list more properties , or make bookibg through LockTrip)
What is full-time LockTrippers?
Unlimited Gift Cards will have a expiration date? Could someone subscribe to LockTrip but make his first booking after 5 months and still
have the discount of the card?
Is affiliate level permanently?
Will my landing page be multi-language? For Example English, German and Greece?
I can't figure out what you mean saying that:"By developing a landing page specifically for content creators,
where they can introduce themselves and transparently display the
affiliate revenue they generated, we position ourselves as a viable alternative at no cost for supporters.
Content creators no longer need to ask their communities for regular donations. Instead, they can simply advertise LockTrip as a
cost-saving alternative to conventional booking sites with the positive side effect of financially supporting that creator."
Wow, great questions!1. What will be the 5 fold Guarantee Program?—> The guarantee program ensures that our customers are not left alone in case of an anomaly with their booking and/or problems with the hotel they booked. You can find a draft of it here:https://t.me/LockTrip/2688222. If by every booking that occures, some LOC get burned, will that drive to the moment that there will be only 1 LOC?—> Yes. The burn program is meant to go on indefinitely.3. How can I a list a property? how much does it costs?—> For the time being we have deactivated the self-listing feature as we concentrate on the partnership with inventory suppliers and now have hundreds of thousands of hotels onboarded. Once we have a solid stream of bookings (and thus customers), we will open up the gate for direct listing. Listing will be free of charge.4. When a new property is listed, that exist on booking.com too, do you ensure that the price is Significantly lower?—> No, we do not enforce any price policy. But property owners, who intentionally set higher prices, will likely not perform well in an environment where they are competing with hotels & other property owners, who list much lower prices. They would end up being very uncompetitive and miss out on conversions.5. Who is in charge for the affiliate program? Whit who is it best to communicate? Nevada or Florian?—> Feel free to contact me for affiliate related questions and Nevena for booking and inventory-related questions :)6. Can i go to places (hotels, rooms) and make them list there properties to LockTrip?—> Due to the reason outlined in point 3, this is not possible at this stage. But we will launch such a program at a later stage, yes.7. What is a dedicated A/B testing sprint for the sign-up procedure?—> After deploying a simplified sign-up process, we will randomly show different versions of it to customers and measure the conversion rates for each. This will help us to sort out the fine details over time, that convert best. It is basically an optimization process for non-obvious design questions.8. Can i start now to promote LockTrip through articles, Medium.com, Quara, reddit, and other blocks and forums or is there any limitation?—> No limitations from our side. We encourage you to do so.9. The special perks are valid only for the duration of the league or longlive?—> At the end of each league round, they will be renewed for the next 2 months. The strength of each perk is determined by your league level at the end of each round.10. Can i go to a travel agent and make bussines with him?( He could list more properties , or make bookings through LockTrip)—> Yes. We will support such activity through our ambassador program, where you will get special compensation for such "big fish". If you have such connections/access, that will pay off very well for you!11. What is full-time LockTrippers?—> A term we use for full-time LockTrip affiliates :)12. Unlimited Gift Cards will have a expiration date? Could someone subscribe to LockTrip but make his first booking after 5 months and still—> There is no expiration date for free gift cards. Once it was used in the process of account creation, it remains assigned to that account indefinitely13. Is affiliate level permanently?—> League levels are calculated at the end of each round. If you remain inactive, you will see your level drop over time. More info on that can be found here (underLevel System):https://academy.locktrip.com/locktrip-affiliate-league/4.-level-system14. Will my landing page be multi-language? For Example English, German and Greece?—> The language is up to you. Our marketplace is currently only supporting English, but we will start localizing in the second half of the year.
15.I can't figure out what you mean saying that:"By developing a landing page specifically for content creators, where they can introduce themselves and transparently display the affiliate revenue they generated, we position ourselves as a viable alternative at no cost for supporters.Content creators no longer need to ask their communities for regular donations. Instead, they can simply advertise LockTrip as a
cost-saving alternative to conventional booking sites with the positive side effect of financially supporting that creator."—> Many content creators (like YouTubers) are currently relying on platforms such as Patreon financially, which is a platform to source donations from the creator's community. We want to offer an alternative to this, where creators become affiliates and their communities can donate by booking at discounted rates. The 3% affiliate commission is then transparently assigned to their favorite creator publicly. This way people can support good content without having to donate extra money. In fact, they even make savings in the process! :))
Thank you for the answers. But in questions 9 and 13 i mean : Do you hold the benefits and after the end of League ? P.S.: I have read all the info from the academy 😊
Even though the league is set for a duration of 12 months, we hope to expand the duration beyond that timeframe. This of course depends on the success and efficiency of it :) In case the league is concluded after 12 months, we would likely still keep the level structure and continue to re-calculate the level every 2 months as a stand-alone element. The goal is to support the most active affiliates and motivate them to carry on with these regular goals 😊
Nice design and all elements good employed, that will lead to success! Well done!
I think this is a opportunity for Locktrip. While the big players are losing thousands of bookings per day we are losing just a couple of bookings. As soon this is over and media will stop to write about Covid daily millions of people will start to book hotels worldwide. But will be need to be ready for May/June with our affiliate plan.
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I have a suggestion regarding the league levels that I think could work well. One of the apps that I use and community that am part of has a similar "Level Up" feature within the app. As you attend more sessions/trainings (it's fitness related), you level up. i.e. 25 attendances gets you to 'Silver Level' and 50 attendances to 'Gold' Status. Once the year ends, your status remains at whatever level you were at in the previous year UNTIL the DATE when you leveled up. If you have attended the same (or exceeded) number of sessions, then you'll continue to hold your status until the end of the year or you move up to the next level. For eg: Year 1: You attended 25 sessions and get to "Silver" Level by October 2020 then by January 2021, all your attendances reset to 0 but your level remains the same (allowing you to maintain the perks that you have at that level). Once October 2021 comes around and you haven't attended 25 sessions then you lose your status and fall back down to Bronze level
I kind of like the idea. Hence making it more performance based rather than competition based? Setting bars at levels that require significant efforts to achieve and rewarding that actually sounds more appealing to me🙏
Thanks for the input. Isn't this very similar to our league levels? I will use your example and compare it to the league levels. I believe the main difference is the time period of 1 year in the app you use vs 2 months with the league levels.October 2020 you reach Silver—> July 2020 you reach League Level 7
January 2021 your score is reset to 0, but you keep the Silver for 1 year
—> August 2020 your score is dropped to level 5, but you keep the League Level 7 perks for 2 months
October 2021 your Silver is reduced to Bronze (if you were inactive)
—> October 2020 your perks are dropped to league level 5 (if you were inactive)Does that make sense? Or maybe I am missing something?
Regarding the rest of it, yes it looks very similar with the only difference being the time frame that you can keep the perks of a certain level
Your level degrades by 2 steps with every new round. This is a "less extreme" version of the mechanism that drops your score to 0 every January (in your example). In your example the degration goes all the way down to 0, and people have almost 1 year time to catch up to the previous level. In our case the degration only takes away 2 levels, and people have 2 months time to catch up to the previous level. The shorter time period in our case is thus offset by a smaller degration. In both cases you keep your perks in the meantime. So even though you are degraded from level 7 to level 5, you will keep your level 7 perks for the next two months. If you manage to grow to level 7 again by the end of the period, you will again secure these perks for two more months. Or maybe you even manage to grow it to level 8. If you keep inactive for the full 2 months, the next degration will drop it further from level 5 to 3.
Then yes, it is pretty much the same thing only with a shorter time frame! I guess with a different business model comes a different way of doing things. Excited to start! When can we look forward into being able to make our landing pages on the Locktrip domain?
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We will first launcht the Gift Cards and allow our community to experiment with it. Landing pages are scheduled for after that 😊
I take it “I don’t care” means any time is fine. That’s true for me, then :) I care about trading competition :)
LockTrip.com 0% Commission Blockchain Powered Marketplace & Technology, Where Hoteliers And Property Owners Can Rent Their Property Globally, Collect Money And Manage Bookings Without Paying Any Commissions To Middlemen
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