{"id":371,"date":"2023-02-07T09:37:46","date_gmt":"2023-02-07T09:37:46","guid":{"rendered":"https:\/\/voyeglobal.com\/partners\/?p=371"},"modified":"2023-03-16T15:10:54","modified_gmt":"2023-03-16T15:10:54","slug":"how-the-flying-fish-swiftly-flew-by-the-space-station","status":"publish","type":"post","link":"https:\/\/voyeglobal.com\/partners\/how-the-flying-fish-swiftly-flew-by-the-space-station\/","title":{"rendered":"Why should airlines partner with eSIM technology companies?"},"content":{"rendered":"\n<p>The non-air ancillary market is a major source of income for airlines, comprising on average 17% of an airline\u2019s total revenue. Within this market, travel insurance is the best-performing non-air ancillary product according to Statista, whose research showed that it is offered by 89% of airlines.&nbsp;<\/p>\n\n\n\n<p><em>The reason behind this is clear.<\/em><\/p>\n\n\n\n<p>Travel insurance provides travellers with&nbsp;peace of mind, regardless of where they are going or why. This makes it a valuable product that can be offered to a wide range of customers. It is also a product that can be easily purchased as part of a bundled package, which enhances the&nbsp;customer experience&nbsp;all while increasing the&nbsp;conversion rate. This business model is a win-win situation for all involved: the airline, the insurance company and the customer.&nbsp;<\/p>\n\n\n\n<p>In the same way, purchasing and using an eSIM offers&nbsp;peace of mind, as it eliminates the need for a physical SIM card and allows the traveller to access reliable roaming data from trusted providers without hassle. As with travel insurance, the process is&nbsp;quick and easy, with immediate access to the service once purchased.&nbsp;<\/p>\n\n\n\n<p>Being insured and being connected are both&nbsp;<strong>fundamental&nbsp;<\/strong>aspects of travelling. This is for different reasons, of course &#8211; one product can be used liberally, while the other, we would hope never has to be used at all!<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"626\" height=\"500\" src=\"https:\/\/voyeglobal.com\/partners\/wp-content\/uploads\/2023\/03\/Image-2.jpg\" alt=\"\" class=\"wp-image-1812\" srcset=\"https:\/\/voyeglobal.com\/partners\/wp-content\/uploads\/2023\/03\/Image-2.jpg 626w, https:\/\/voyeglobal.com\/partners\/wp-content\/uploads\/2023\/03\/Image-2-300x240.jpg 300w\" sizes=\"auto, (max-width: 626px) 100vw, 626px\" \/><\/figure>\n\n\n\n<p>The delivery process for insurance and eSIM plans is&nbsp;more seamless&nbsp;than almost every other travel ancillary on the market. The seamlessness of the eSIM technology means it has the potential to become the&nbsp;next major revenue source for airlines.<\/p>\n\n\n\n<p><em>So what motivates a person to buy travel insurance, and can the same motivation be applied to eSIM plans?<\/em><\/p>\n\n\n\n<p><a href=\"https:\/\/www.linkedin.com\/company\/ancileo\/\">Ancileo<\/a>\u2019s 2022 Travel Insurance Outlook shows that in 9 out of 12 countries participating in the survey, people value&nbsp;price&nbsp;as the&nbsp;key factor&nbsp;when considering whether to purchase travel insurance. The other motivating factors are set out in the graph below:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"803\" height=\"481\" src=\"https:\/\/voyeglobal.com\/partners\/wp-content\/uploads\/2023\/03\/Image-3.png\" alt=\"\" class=\"wp-image-1813\" srcset=\"https:\/\/voyeglobal.com\/partners\/wp-content\/uploads\/2023\/03\/Image-3.png 803w, https:\/\/voyeglobal.com\/partners\/wp-content\/uploads\/2023\/03\/Image-3-300x180.png 300w, https:\/\/voyeglobal.com\/partners\/wp-content\/uploads\/2023\/03\/Image-3-768x460.png 768w\" sizes=\"auto, (max-width: 803px) 100vw, 803px\" \/><\/figure>\n\n\n\n<p>eSIM ancillary providers, such as Simtex, tick all these boxes when it comes to data roaming plans:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Plan offered as a discount compared to market rate<\/strong>: eSIM solutions offer competitive prices and discounts compared to the rates for roaming data offered by the cellular provider from the traveller\u2019s country of origin. For example, a UK resident travelling to Singapore would need to pay their UK provider at least \u00a342\/week. With Simtex, that price drops to \u00a319\/week &#8211; a 45% reduction.<\/li>\n\n\n\n<li><strong>Plan coverage is personalised to their needs<\/strong>: Simtex offers personalised packages to every traveller according to their individual destination(s) and the duration of their stay(s). It doesn\u2019t get more tailored than this.<\/li>\n\n\n\n<li><strong>Product is offered by a preferred company<\/strong>: Simtex only works with top global networks in the world, ensuring that travellers have reliable connectivity on the go.<\/li>\n\n\n\n<li><strong>A plan offered in a 1 click convenient purchase at the point of sale<\/strong>: the eSIM technology can easily be integrated into the flight ticket booking journey, making it a convenient option for travellers.<\/li>\n\n\n\n<li><strong>Extra perks are bundled with the plan<\/strong>: Simtex\u2019s eSIM packages can be linked to loyalty programs, allowing travellers to pay with miles or receive additional miles on purchase.<\/li>\n<\/ul>\n\n\n\n<p>Due to these similarities, reports show that eSIMs are expected to&nbsp;<strong>perform as good as<\/strong>&nbsp;travel insurance in the non-air ancillary market.<\/p>\n\n\n\n<p>Since an airline\u2019s website is often the first point of call for travellers when they are planning a trip, partnering with a B2B eSIM ancillary provider, such as Simtex, would allow the airline to become a one-stop-shop for travel essentials, perfecting the customer experience.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The non-air ancillary market is a major source of income for airlines, comprising on average 17% of an airline\u2019s total revenue. Within this market, travel insurance is the best-performing non-air ancillary product according to Statista, whose research showed that it is offered by 89% of airlines.&nbsp; The reason behind this is clear. Travel insurance provides&hellip; <a class=\"more-link\" href=\"https:\/\/voyeglobal.com\/partners\/how-the-flying-fish-swiftly-flew-by-the-space-station\/\">Continue reading <span class=\"screen-reader-text\">Why should airlines partner with eSIM technology companies?<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":1811,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"https:\/\/voyeglobal.com\/partners\/wp-json\/wp\/v2\/posts\/371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/voyeglobal.com\/partners\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/voyeglobal.com\/partners\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/voyeglobal.com\/partners\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/voyeglobal.com\/partners\/wp-json\/wp\/v2\/comments?post=371"}],"version-history":[{"count":4,"href":"https:\/\/voyeglobal.com\/partners\/wp-json\/wp\/v2\/posts\/371\/revisions"}],"predecessor-version":[{"id":1815,"href":"https:\/\/voyeglobal.com\/partners\/wp-json\/wp\/v2\/posts\/371\/revisions\/1815"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/voyeglobal.com\/partners\/wp-json\/wp\/v2\/media\/1811"}],"wp:attachment":[{"href":"https:\/\/voyeglobal.com\/partners\/wp-json\/wp\/v2\/media?parent=371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/voyeglobal.com\/partners\/wp-json\/wp\/v2\/categories?post=371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/voyeglobal.com\/partners\/wp-json\/wp\/v2\/tags?post=371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}