For millennials looking to travel and plan their ideal vacation but lacking the funds to do so, the FundMyTravel platform helps consumers crowdsource the money to venture off on their trip. This allows consumers of all social and economic standing to find a way to realize their dreams to travel across the world.
FundMyTravel is a website that allows consumers to crowdsource the money they need to support their trips. The idea is that users are encouraged to verbalize the meaning behind their travels in order to gain support from friends, family and peers for initiatives such as volunteering in third world countries to visiting new locations. FundMyTravels takes 5% of the total raised, leaving the rest to the user to use towards their adventures.
Crowdsourced Trip Platforms
FundMyTravels Helps Millennials Raise Money For Their Ideal Vacations
Trend Themes
1. Crowdsourced Trip Platforms - FundMyTravel allows consumers to crowdsource the money they need to support their trips, opening up access to travel opportunities.
2. Millennial Travel Funding - FundMyTravel targets millennials lacking funds for their ideal vacations, offering a solution to raise money through crowdfunding.
3. Socially Supported Travel - FundMyTravel encourages users to verbalize the meaning behind their travels, gaining support from friends, family, and peers for various travel initiatives.
Industry Implications
1. Travel and Tourism - The travel and tourism industry can incorporate crowdsourced trip platforms like FundMyTravel, attracting a wider range of travelers by offering innovative funding solutions.
2. Crowdfunding - The crowdfunding industry can explore the opportunity to specialize in travel-related campaigns, catering specifically to millennials looking to raise funds for their desired vacations.
3. Social Networking - Social networking platforms can tap into the trend of socially supported travel, enabling users to share their travel ambitions and gather support from their networks.