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Does charging a fee mean my client owns me?

Does charging a fee mean my client owns me?

FromTrade Secrets Podcast


Does charging a fee mean my client owns me?

FromTrade Secrets Podcast

ratings:
Length:
31 minutes
Released:
Apr 4, 2022
Format:
Podcast episode

Description

To charge, or not to charge? Fees, that is — it’s a topic that’s gotten more and more attention among the travel agency community during the pandemic. Advisors make commission on the products they sell, but should they also charge clients for their services on top of that? 
This week, join co-hosts Emma Weissmann and Jamie Biesiada as they explore the ins and outs of the topic with two veteran advisors, Jamie Jones, president of WhirlAway Travel in West Chester, Pa., and Susanne Hays, president of Fairytale Journeys Travel in Alexander City, Ala. One charges fees (Jones) and one doesn’t (Hays), but both are confident in their business model. Tune in to learn more and hear them answer some listener questions, including how to avoid feeling like a client owns you if you charge a fee.
This episode is sponsored by Historic Highlights of Germany https://historicgermany.travel/.

In this episode:

1:23 - Meet our guests, Jamie and Susanne, two veteran travel advisors
2:34 - Susanne’s agency, Fairytale Journeys Travel, doesn’t charge fees. Why?
3:35 - On the flip side, WhirlAway Travel was one of the first agencies in West Chester to charge fees, and still does today. Jamie tells us more.
4:51 - The Disney agency space - where Susanne operates - is very crowded. Does that mean fees aren’t feasible?
7:09 - Are hobbyist agents on the upswing?
8:11 - Jamie’s main teaching points for new agents (spoiler: consultation and confidence)
11:19 - More advisors are gravitating toward charging fees; what are Jamie and Susanne noticing among their peers?
15:40 - Would either Jamie or Susanne consider flipping their stance on charging fees?
17:38 - Julie Lanham, owner of Vacations to Remember, just started charging fees, and it’s been a great experience. But she’s concerned about the future: Will her clients feel like they own her once they’ve paid her fee?
20:37 - Donna Wolfe, an advisor with Plaza Travel, wonders: How do you ask longtime clients to start paying a fee?
24:21 - Disney agencies often advertise that booking with them won’t cost consumers any more than booking directly. Learn how that plays into Susanne’s strategy.


Further resources:
WhirlAway Travel

Website 
Facebook 
Instagram 

Fairytale Journeys Travel

Website 
Facebook 
Instagram 
TikTok 

A journey through travel history, fees included 
A travel advisor guide to charging service fees 
Advisors getting comfortable with charging fees 
How travel agencies are rethinking fee structures 

Need advice?
Call our hotline and leave a message: 201-902-2098
Email us: tradesecrets@travelweekly.com
 
Theme song:
Sock Hop by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/4387-sock-hop
License: https://filmmusic.io/standard-license
 
See omnystudio.com/listener for privacy information.See omnystudio.com/listener for privacy information.
Released:
Apr 4, 2022
Format:
Podcast episode

Titles in the series (78)

Welcome to Trade Secrets, a podcast from the editors of Travel Weekly and TravelAge West, where travel advisors ask -- and answer -- questions. On each podcast, our editors will ask a veteran travel advisor to join them and field listeners’ questions. Topics will range from business advice to industry trends, history and more — as long as it’s travel-related, we want to address it! Find Trade Secrets wherever you get your podcasts, or at travelweekly.com/podcasts. ABOUT YOUR HOSTS: Jamie Biesiada is a senior editor with Travel Weekly. She is an award-winning journalist, including being named the American Society of Travel Advisors’ 2019 Travel Journalist of the Year. Her roots are in community journalism, where she was the editor of several local newspapers and a regional entertainment magazine. Emma Weissmann is a Senior Editor of TravelAge West, a print and online magazine for travel advisors based in the Western U.S. She is also the host of the Humans of Travel podcast, where she interviews notable individuals in the travel industry about their lives — the highs and lows that make them human. Theme song:Sock Hop by Kevin MacLeodLink: https://incompetech.filmmusic.io/song/4387-sock-hopLicense: https://filmmusic.io/standard-license See omnystudio.com/listener for privacy information