Exploring the Last Five Kilometers Travel Business Liu Fengs Opportunity
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In 2014, Liu Feng, an amateur adventurer, set off on a solo hike across the last 5 kilometers of the Appalachian Trail in the US. She had planned to reach Mile 524 on June 30th, but after overcoming obstacles such as blisters, dysentery, and a flat tire, she arrived at Mile 528 on July 2nd. After reaching Mile 528, Liu Feng found the last
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The Last Five Kilometers Travel Business Liu Feng’s Opportunity In the last decade, China has transformed into a fast-growing economy, with an ever-increasing number of people moving from rural areas to urban areas, where there are many tourists. The Last Five Kilometers Travel (F5KT) is one of the leading travel agencies in China, providing travel services for millions of local and international tourists. I have been working with F5KT for the last five years and I am in
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I am Liu Feng and I have been given this exciting opportunity. It has taken me several years of hard work and determination to reach this point. I’ve always been an entrepreneur, my life revolving around business and success. As an undergraduate, I studied International Marketing in my college and then did my graduation in International Tourism, which helped me to understand the market dynamics of travel, hotels, airlines and related businesses. I worked at AirAsia for three years before joining a reputed consulting firm, as a Senior
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Liu Feng’s last business, which was based in Shanghai, had experienced a decline of more than 30 percent in the second quarter of the year. It’s obvious that the travel business industry is suffering, and Liu Feng is no exception. Her first priority was to explore and analyze the last five kilometers travel industry. She found that people have a great deal of interest in this industry, and its potential is enormous. To understand this opportunity, Liu Feng needed to know the current situation of the last five kilometers travel industry
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“Exploring the Last Five Kilometers Travel Business” was a thrilling journey. I visited the small village of Xiaohe in Hubei province of China’s central region. The journey took over 6 hours, and the journey itself was a thrill. In this case study, I will share my thoughts on my experience. Travelling is a wonderful adventure that many people enjoy. However, I was excited to travel to a different culture, but I was apprehensive that my fear of heights might become a hindrance. It is
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I am a 15-year-old college student, pursuing a major in Business Administration and Economics at a private university in the United States. I have a deep love for travel and exploration, and I’m particularly interested in the last five kilometers of a trip. As an avid traveller, I’ve been lucky enough to travel through all the last five kilometers of several popular destinations. One of the first things I noticed while travelling was that the last five kilometers are the hardest to navigate. While getting lost in the
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Liu Feng’s Last Five Kilometers Travel business was a profitable business when he decided to start it with no investment. He wanted to create a company that would provide a reliable travel experience for people. The business concept and a successful plan made it viable. He invested nothing and started the business with minimal funds. The company had the potential to be profitable. The following are the business plans and objectives: Business Plans 1. Increase Customer Base – We need to increase the customer base by 35%
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1) Industry Scope The “Last Five Kilometers” business model is focused on providing travel services for last five kilometers before the event’s end. The industry is primarily known for providing event management services for local events. Last Five Kilometers operates through an online platform that allows customers to book last-minute travel packages, including transportation, accommodation, and activities. It also provides customers with trip recommendations, itineraries, and customized travel services to meet their unique needs. Last Five Kilometers targets small and medium-sized home