One of the most frustrating parts of planning a trip has to be the long time it takes to save up the money to go on the adventure you so desire. myTab is a social travel gift card that is changing the way we pay for and plan our trips. The new social startup asks friends and family to contribute toward a vacation getaway, making it a virtual layaway fund.
With myTab friends and family can give travel cash for any occasion, while users can save travel cash, plan and book the trip by redeeming the generous funds for flights, and/or hotels within the web application. The app works by offering better negotiated deals for you as you add more funds and savings onto your myTab, thus taking the stress away from scouring the web for the best deals at the last minute and letting you focus on just raising money for the trip.
More then just a fun-loving website to make travel planning easier, myTab is looking to change the way loyalty is generated within travel. The most intriguing aspect of the website is its ability to match deals that align with the trip being planned. myTab matches customers dream trips and funds to supplier offerings that correlate with the trip being planned – creating a win/win for travelers and suppliers. myTab users receive exclusive deals through negotiated partners and the suppliers get access to a new audience as a revenue stream. myTab is answering a huge fundamental ecommerce problem in the travel/travel planning industry and taking the pains of travel planning away for everyone.
Founded by Heddi Cundle, myTab is her first start up who comes with no technical experience, but has built an idea that is being labeled as “highly disruptive”. She goes on to tell us:
“All in all, I’m pretty much opposing the ‘rules’ of Silicon Valley with my start up credentials. Yet myTab launched in October 2011 and we, successfully, have several thousand visitors to the site (self funded by yours truly). We generate 77% new users monthly, 25% of our users are repeat customers and they’re actively gifting, saving & booking travels.”
Social travel has been growing over the past year and we’ve covered quite a few of them. myTab is taking a unique approach by focusing on crowdfunding for users and negotiating deals based on funds acquired while many others focus on the social engagement after the trip is planned. However, myTab has also recently launched a Facebook app that lets you Create & share dream trips and also Check-In to live trips to connect with other friends adding another social dimension to the application.
If you’re looking to plan a next trip, would you consider reaching out to friends and family to help fund the dream? myTab hopes you will by providing cash savings by doing so.