Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Entrepreneurship in Action Why Kayak.com Is a Travel Search Engine Worth Visiting Kayak.com Founders: Paul English and Steve Hafner Founded: 2004, in Norwalk, Connecticut

image text in transcribed

Entrepreneurship in Action Why Kayak.com Is a Travel Search Engine Worth Visiting Kayak.com Founders: Paul English and Steve Hafner Founded: 2004, in Norwalk, Connecticut Success: Kayak.com has won numerous awards and is ranked as one of the best flight search websites. For the intrepid traveler looking for low-priced airfare, Kayak.com is there to meet your needs. Kayak.com is a travel search engine that compares hundreds of travels sites at once to determine the lowest travel prices. Using the power of the Internet, Kayak.com brings up travel information from hundreds of websites for users at the click of a button. After launching a beta site in 2004, Kayak.com has gained a reputation for offering the lowest prices in airfare, hotels, and car rentals when booking traveling. In the digital world, Kayak.com has joined a number of companies that find the lowest travel prices available for consumers, facilitating both price and nonprice competition over the Internet. Its dynamic pricing model and a customer-driven focus are essential in allowing Kayak.com to compete against competitors like Orbitz and Expedia. Its success attracted the attention of Priceline.com, which purchased Kayak.com for $1.8 billion. More than a decade after its founding and with competition only increasing, Kayak.com is still ranked as one of the highest travel search engines for lowest overall prices.0 Critical Thinking Questions 1. What part of the marketing mix does Kayak.com seem to address particularly well? 2. How does Kayak.com provide users with more control over what they view? 3. 3. Why do you think Kayak.com must also engage in nonprice competition?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Accounting

Authors: Debra C. Jeter, Paul Chaney

5th Edition

1118022297, 9781118214169, 9781118022290, 1118214161, 978-1118098615

More Books

Students also viewed these Accounting questions