Company:WAYN (website)
| Type of business | Public |
|---|---|
Type of site | Travel & lifestyle social network |
| Founded | 2002 |
| Founder(s) | Peter Ward, Jerome Touze, Mike Lines |
| Industry | Internet |
| Employees | 21 (July 2016) |
| Divisions | London, Cape Town, Szczecin |
| Website | www2 |
| Alexa rank |  11,463 (July 2016) |
| Current status | active |
WAYN (an acronym for Where Are You Now?) is a social travel network which has been the subject of criticism.[1] Its stated goal is to help discover where to go and meet like-minded people. WAYN was founded in 2002.[1]
WAYN has been known to send spam emails to all contacts of its users.[2][3] Others have raised concerns that they misuse users data to make money.[4] Other sources of income include showing advertising for places a person is visiting.[5]
Like some other social networking sites, WAYN enables its users to create a profile and upload photos. Users can search for other users and link them to their profiles as friends. In 2015 it claims to have over 20 million users.[6] In late 2016, the website was bought by Lastminute.com for 1.2 million which allows the project to continue but was insufficient to pay off debts.[7] Before the sale the site had been losing money and traffic.[7]
History
WAYN was founded in 2002 in London by Jérome Touze (Co-CEO), Peter Ward (Co-CEO) and Mike Lines (CTO), after two of them came up with the idea to connect people based on their location while having a few beers in their local pub. WAYN initially grew through word-of-mouth and reached almost 50,000 members by the end of 2004. Following its relaunch in May 2005 it reached over 2.5 million members by the end of 2005. On 26 March 2012 the site claimed "over 19.1m members".[8]
The business started with initial seed funding in 2003 from the original founder of Friends Reunited.[9]
In 2006, the WAYN Founders managed to complete a Series A Fund Raising of $11 million from DFJ Esprit and attracting famous internet entrepreneurs such as Brent Hoberman (ex founder of lastminute.com), Hugo Burge (CEO of cheapflights.co.uk), Adrian Critchlow and Andy Phillips (ex founders of Active Hotels) and Constant Tedder (ex CEO of Jagex, an online gaming company) and was referred to at the time as the 'MySpace of Travel'.[10]
In 2015 the site claims to have over 20 million users.[6] In 2016, Lastminute Bought WAYN’s Assets for Just $1.2 Million [11]
In May 2018, WAYN is moving to a new platform. As part of the migration, WAYN profiles will no longer be available and personal data will be deleted on 25th May 2018.
Services
WAYN users may post photos from their trips. Registered users send and receive messages using email, discussion forums, E-cards, SMS, and instant messages and Q&A. WAYN provides a destination browsing service to discover Where to go next and WAYN members can interact with each other and ask questions on the destinations through a Questions & Answers service. The site also provides Social Opinions which generated over 25,000 opinions daily in 2014.[12] In 2015, WAYN has announced major strategic partnerships with Booking.com to offer hotels booking to its users [13] as well as Viator to offer tours and activities booking.[12]
Contact import
Like many other social media sites, WAYN encourages its users to invite their friends which in turn leads to the contacts of the members to receive an invitation to join. In 2006, some members have vented their frustration claiming they were not aware that an invitation would be sent to their contacts.[14] The company acknowledged that this process could be improved and has since changed the way in which these invitations get generated and has also signed up with Return Path, one of the few white listing companies in the world which certifies Emails Best Practice.[1]
Use
WAYN Alexa Internet traffic ranking was 12,251 as of March 2017 down more than 2,000 position from the prior year.[15] It claimed in 2013 to house user data for over 22 million users in 193 different countries.[16]
Monetisation
WAYN.com commercialises its website through advertising and integrated brand engagement solutions. The site also offers a membership service (VIP) for users who wish to access to travel and lifestyle benefits. More recently, the site launched a travel booking service for users to book their hotels and tours globally.[1]
References
- ↑ 1.0 1.1 1.2 1.3 O'Neill, Sean (5 February 2014). "You have to pivot to win it: Original social travel site WAYN on survival". Tnooz. http://www.tnooz.com/article/wayn-social-travel-revenue-gains/. Retrieved 2 December 2014.
- ↑ Manocha, Disha (30 September 2016). "Travel social network WAYN crosses over to Lastminute.com Group". The Tech Portal. https://thetechportal.com/2016/09/23/lastminute-acquires-wayn/. Retrieved 31 March 2017.
- ↑ Thuraisingham, Bhavani; Abrol, Satyen; Heatherly, Raymond; Kantarcioglu, Murat; Khadilkar, Vaibhav; Khan, Latifur (in en). Analyzing and Securing Social Networks. CRC Press. p. 18. ISBN 9781482243284. https://books.google.com/books?id=ibz1CwAAQBAJ&pg=PA18.
- ↑ "WAYN: how a social startup is cashing in on its jet-setting community – Ventureburn". 16 April 2013. http://ventureburn.com/2013/04/wayn-how-a-social-startup-is-cashing-in-on-online-dating-and-jet-setting/. Retrieved 31 March 2017.
- ↑ Middleton, Victor T. C.; Fyall, Alan; Morgan, Michael; Ranchhod, Ashok (2009) (in en). Marketing in Travel and Tourism. Routledge. p. 268. ISBN 9780750686938. https://books.google.com/books?id=pCyrmxBav74C&pg=PA268.
- ↑ 6.0 6.1 "WAYN: About Us". http://www.wayn.com/aboutus. Retrieved 20 September 2015.
- ↑ 7.0 7.1 "SKIFT - news". https://skift.com/2016/09/20/lastminute-com-group-acquires-some-of-wayns-assets/.
- ↑ "WAYN: About Us". http://www.wayn.com/aboutus. Retrieved 28 March 2012.
- ↑ Cashmore, Pete (27 November 2006). "WAYN Gets $11M for "MySpace of Travel"". Mashable. http://mashable.com/2006/11/27/wayn-gets-11m-for-myspace-of-travel//.
- ↑ "Lastminute Bought WAYN=". https://skift.com/2016/10/13/lastminute-bought-wayns-assets-for-just-1-2-million/.
- ↑ 12.0 12.1 "WAYN announces tour offering in tie-up with Viator". http://www.travolution.co.uk/articles/2014/12/05/9489/wayn-announces-tour-offering-in-tie-up-with-viator.html.
- ↑ "Wayn.com signs strategic partnership with Booking.com". Breaking Travel News. 17 November 2014. http://www.breakingtravelnews.com/news/article/wayn.com-signs-strategic-partnership-with-booking.com/.
- ↑ "Don't go to WAYN.com". http://www.antionline.com/archive/index.php/t-274101.html.
- ↑ "Alexa Traffic Ranking for wayn.com". Alexa Internet. http://www.alexa.com/siteinfo/www.wayn.com. Retrieved 1 January 2015.
- ↑ Coetzee, Jacques (16 April 2013). "WAYN: how a social startup is cashing in on its jet-setting community". VentureBurn. http://ventureburn.com/2013/04/wayn-how-a-social-startup-is-cashing-in-on-online-dating-and-jet-setting/. Retrieved 16 April 2013.
Further reading
- Tyler, Richard (April 14, 2009). "British social-networking site WAYN takes on Twitter". https://www.telegraph.co.uk/technology/5154438/British-social-networking-site-WAYN-takes-on-Twitter.html. Retrieved July 26, 2016.
- "WAYN's Ward of courtship". May 13, 2008. https://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/2789852/WAYNs-Ward-of-courtship.html. Retrieved July 26, 2016.
- Mawer, Fred (June 5, 2009). "Website of the week: wayn.com". http://www.dailymail.co.uk/travel/article-1190855/Website-week-wayn-com.html. Retrieved July 26, 2016.
- Parsley, David (February 17, 2008). "Bidders are circling round WAYN's world". https://www.independent.co.uk/news/business/news/bidders-are-circling-round-wayns-world-783203.html. Retrieved July 26, 2016.
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