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Expedia doesn't own a lot of real assets – but it is a multi-billion dollar company.
Wanna know how this company was able to do all this incredible staff?
Don't worry!
I'II explain this company's business in just a few sentences – so that you can get an idea of how this company makes money.
So stick till the end...
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Expedia partners with a lot of companies in the travel industry i.e. travel agencies, airline companies, hotel companies ....... you name it.
This allows it to make some commissions for every booking or sale that's made through its website – which is a smart business model.
Expedia doesn't own the actual hotels🏨 or aeroplanes✈.
Instead, it just leverages some already established companies which already offer these services – thus, allowing it to make some money💲.
The main asset which this company owns is a website, which receives a ton of traffic on a regular basis.
And on this website, customers can find info related to plane prices, schedules – as well as booking these planes via this platform.
In other words, Expedia leverages a business model called affiliate marketing – which l always preach about on this blog.
It's just a matter of referring customers to products & services – and you get paid for that!
And it's not the only company that leverages this business model.
In fact, other big companies like Uber & AirBnb also leverages this business model – and they've also grown into multi-billion dollar companies.
Even small websites also makes money through affiliate marketing – thus, it's not something uncommon.
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So that's pretty much how Expedia makes its money.
It’s not a complicated business model – and you can replicate it too i.e. through starting your own simple blog that's based around a particular niche.
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