Increase Your Return-on-Travel on Your Very Next Trip
This blog post first appeared on 06/30/14 on Visa Business
To increase orders from your current customers and find new clients, plan a business trip. Travel, an important tool in your small-business tool kit, is an investment in growing and sustaining your business. And as with any investment, you want to get the highest return—in this case, your return on travel.
Businesses get an average return of $9.50 for every travel dollar they spend, according to a study the U.S. Travel Association sponsored, which Oxford Economics conducted. And it’s clear why business travel makes sense.
In-person interactions close sales and deepen relationships. (more…)