Core Insights - The article discusses a successful business venture in the Nordic tourism market, initiated by an individual who identified a gap for in-depth cultural travel experiences after studying anthropology in Sweden [1][2]. Group 1: Business Model and Market Opportunity - The company offers three types of travel experiences: immersive farm experiences, themed travel groups, and personalized itineraries [3]. - The service model is based on the "Host" concept, where hosts accompany tourists as friends, providing deep local experiences and arranging stays with local families [4]. - The differentiated experience has garnered market interest, achieving revenue of over one million within the first year of operation [5]. Group 2: Market Research Strategies - The company conducted a six-month market research using three strategies: gathering feedback on social media, networking with local residents, and practical testing of small-scale experience projects [6][9]. - Initial social media posts attracted four groups of potential customers and over 50 job inquiries, indicating strong interest in the business concept [7][8]. - Networking led to partnerships with local investors and resources, enhancing the company's operational capabilities [11][13]. Group 3: Competitive Landscape - The Nordic tourism market is competitive, with 6,621 travel agencies, but many offer similar, tightly scheduled sightseeing tours, leading to a lack of unique experiences [16][19]. - The company focuses on providing cultural depth and flexibility, contrasting with the prevalent "checklist" tourism approach [19][21]. Group 4: Challenges and Solutions - The company faces challenges such as cultural differences, high operational costs, and low profit margins due to initial pricing strategies [30][34]. - High labor costs in the Nordic region necessitate adjustments, including reducing group sizes and increasing pricing to improve profitability [36][39]. - The company plans to expand its travel routes, particularly to Iceland and Norway, to meet customer demand and enhance offerings [40][41]. Group 5: Future Plans and Collaborations - The company aims to develop 5-6 new travel routes in the next year, focusing on partnerships with NGOs and local brands for collaborative marketing [42][44]. - Current collaborations include discussions with a startup organization in Shenzhen to create entrepreneurial-themed travel experiences [43].