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Since 1989 GTE has conducted a
large-scale test of interactive television on a Cerritos, Calif., cable
TV system. Some have hailed such interactive TV systems as a precursor
to the much discussed "information highway" that will provide
subscribers with hundreds of channels where all manner of information
and services will be just a few screens away.
Futurists in our own industry tell us
that this "information highway" will be so powerful and
compelling that it will radically alter the way we do business. They
warn that unless we come to terms with the new tools, the very existence
of travel agencies as we know them is imperiled.
Hardly. Emerging technologies have and
will change the way we all think and do business. But in the rush to be
progressive it is easy to forget the distinction between technology and
products.
Fortunes are made and lost based on
this distinction. The GTE interactive television test has been described
as "nonexistent" as far as most cable subscribers are
concerned — it’s a dud.
While interactive TV will undoubtedly
exist within five years or so, it will not be mainstream technology.
Until it evolves into widely used products, it’s simply premature —as
well as unwise — to begin reshaping the travel business. Whatever
commercial benefits might be available will probably never materialize
in a form resembling what we envision today.
One of my first experiences in the
computer business, in the early ‘70s, involved renting time on large
systems to provide services to small businesses. I noticed that some
people spent a great deal of money doing nothing more than playing
simple games on these expensive computers.
I thought there must be some way to
turn this into a marketable product, perhaps using the
"revolutionary" technology of the moment: Sony’s new BetaMax
video recorder.
This seemed the perfect technology
marriage; fortunately, I could never follow it up. Video recorders did
permanently change the entertainment industry, BetaMax is long gone,
people made lots of money building computer games and Sony never
participated in a meaningful way. The market decreed that my early idea
would have been a commercial bust.
Commercial success comes to those who
skillfully adapt their services to what the marketplace proves it will
support. The key, however, is proof.
We are not in the information
business. Travel agencies are not run like information businesses. They
are not paid that way, nor has anyone ever successfully demonstrated
that consumers will pay for travel information.
We sell customer service and it must
be the customer who determines how this service should be delivered.
Always be open to new ideas, but don’t lose sleep that you’re
missing something wonderful until you’re certain there’s something
to miss. |