OUR TEAM
ALVIN GEORGE 7 years experience in
Marketing
BINU C JACOB 3 Years Experience in
Software Development
SADEESH P V 8 Years Experience in
Software Developement
MARKET PROBLEM UNORGANISED MARKET IN LOGISTIC &
TRAVEL ➢ 82 TO 90% ➢ NO MODEL / NO BRAND FOR INDIVIDUAL
OWNERS ➢EXISTING COMPANY EXPLOITING
INDIVIDUAL BRANDS➢ NO PROPER MANAGEMENT OF BUSINESS
POTENTIALS ➢ UNTAPPED OPPORTUNITY TO BE IN e- COMMERCE PLATFORM
MARKET SIZE• Indian Auto rickshaw is valued to be around $10 billion
market• Indian taxi market is valued to be around $6-9 billion market• Indian truck market size of US$10-12 billion• Indian tourist vehicle size US$ 1-2 billion• Totally $ 30 billion market • Forecast to grow at 17-20% annually what differentiates the market• Passenger safety, cab tracking using GPS, mobile app etc. started off as
innovations but soon become the norm. Consumers simply expect these hygiene factors to be in place before they use them. So this is no longer the differentiator in the market
• Service assurance & quality and convenience will emerge as the long-term differentiators. Discounts, technology (GPS tracking etc.) and other factors are just initial marketing tactics and will gradually become cyclical in nature, to coincide with special festivals and occasions
What we aim at:-
Vehiclest primarily aids our customers in finding safe and secured mode of transport, ranging from auto rickshaws to chartered flights across the country.
Vehiclest, based in Kerala helps drivers and sellers to acquire a good profit margin by holding a brand of their own. We develop a mobile app through which the users can connect to the vehicle vendors who are certified and trustworthy.
What we solve:-We feel that the potential of travel and logistics business in the rural sector need some enhancement. To ensure this we are aiming to upgrade the existing unorganised model of transportation and also the travel sectors.
We are determined to transform this model into an organised, and efficient customer oriented business by the use of Vehiclest service all across India and abroad. Basically we are here to catalyze the business opportunity available now in the travel sector into a common digital platform.
How we solve:-
We developed an e-commerce platform which provides information and also facilitate pre paid booking in the urban and rural markets by the use of website. We are covering the following segments under a single platform, but the transactions and payments including the price / customer service fare will be the part of our local service providers directly.•Cab Service Providers•Auto Rickshaw Service Providers•Tempo Travellers •Mini Truck •Mini Goods Vehicles•Tourist Bus •Earth Movers •Crane Harvester•Special Vehicle•Ambulance / Fire force Services •Row Boat /Motor Boats/ House Boats/ Cruises.•Flights / Chartered Flights / Travel Agents•Local Workshops / Puncture /tyre repair service
REVENUE MODEL
1. PORTAL REVENUE2. LISTING PREMIUM FEE3. SPECIAL OFFER ADVERTISEMENT4. MOBILE APP REVENUE
OUR MAIN REVENUE IS FROM THE TRANSACTION, WHEN ONE CUSTOMER DO THE BIDDING WE WILL GET 5 RUPEES FROM THE VENDORS FOR PARTICIPATING IN THE BID . THE OFFER AND THE PRICE IS DIRECTLY NEGOTIATED BETWEEN THE VENDOR AND USERS.
WE WILL ALSO CHARGE USER 5 RUPEE PER TRANSACTION AT THE END OF THE TRIP WHEN HE PAYS THE BILL FROM THE WALLET . SO AVERAGE PER 25 RUPEES IF ( 5 VENDORS PARTICIPATE ) SO TOTAL 30 RUPEES PER TRANSACTION IS GENERATED FOR BID
AGAIN FOR LISTING THE VENDORS IN DIFFERENT CLASS , LIKE PLATINUM , GOLD , SILVER , WE CHARGE A TIER CHARGE LIKE 100 RUPEES PER TRANSACTION FOR PLATINUM TIER , 50 RUPEES FOR GOLD , 25 RUPEES FOR SILVER LISTING .
AS IN PLATINUM THE LISTING VENDOR WILL ABLE TO GET ONE CUSTOMER , WHERE THE BIDDERS WILL BE ONLY 3 TYPES ➢ IN GOLD TIER LISTING THE VENDOR, THE BIDDERS WILL BE 5
VENDORS FOR A CUSTOMER , BASED ON ESTIMATED DISTANCE OR ESTIMATED FARE
➢ IN SILVER TIER LISTING THE VENDOR, THE BIDDERS WILL BE 7 VENDORS FOR A CUSTOMER
➢ IN NORMAL LISTING , THE BIDDERS WILL BE ALL THE AVAILABLE BIDDERS AT THAT TIME .
THE USER ALLOCATION IS BASED ON PEAK TIME , AS WELL AS BASED ON TRIP DISTANCE FOR TIER CLASS VENDORS.
❖ WE ARE EXPECTING AROUND MIN 120000 TRANSACTION PER DAY ACROSS SECTORS. IN INDIA .
❖ WHEN WE GO IN FULL OPERATIONS IN 29 STATES , 20000 LOCATIONS TOTAL REVENUE PER DAY IS EXPECTED AROUND 50 TO 60 LAKHS PER DAY AT FULL OPERATION STAGE ( WITH A AVERAGE OF 50 RUPEES FROM BID , @ 120000 TRANSACTION PER DAY )
❖ BY 15 TH AUGUST 2015 WE WILL START THE OPERATION AFTER SUCCESSFUL MARKET TEST
❖ BY 15 SEPT 2015 WE TARGET FOR 1000 TRANSACTIONS PER DAY ❖ BY 31 ST DEC 2015 WE TARGET FOR 10000 TRANSACTIONS PER DAY
❖ BY 31ST MARCH 2016 WE WILL CROSS 50000 TRANSACTIONS PER
DAY
❖ BY 15TH AUGUST 2016 WE WILL ATTAIN 100000 TRANSACTIONS PER DAY
MODEL FOR BUSINESS TO CONSUMERS
Customer( Requirement
)
Vehiclest(web /mob
app )
Vehiclest(Process)
Vendor A• Rate 15• Car model
Vendor B• Rate• Car model
Vendor C• Rate• Car model
VACANT
13 PERKM
15 PERM
KM
READYSMS
DETAILSESTIMATED
FARE 16PER KM
PAYMENT
NFC
REQUIREMENTS
MU
LTIPLED
ELIVERY
PICK AT DALLAS AIRPORT
DELH
I OF
FICE
LOCAL WAREHOUSE
CORPORATE TRIP PLANNER SOLUTION
PAYMENT
OUR DIFFERENTIATOR
➔ MARKET COMPLETE CAB , AUTO, TOURISTERS, BUS ,RESCUE SERVICES AMBULANCE , FIREFORCE, COMMERCIAL VEHICLES, HOUSEBOATS,CHARTERED FLIGHT
LOW RISK , GOOD ROI MODEL ➔ BRAND
➔ VEHICLEST REMAIN AS A PLATFORM
➔ EACH OWNERS WILL HAVE SEPARATE BRAND AND RATING
➔ PAYMENT GATEWAYS
WE HAVE DIRECT PAYMENT TO VENDORS ACCOUNT FROM CUSTOMERS THROUGH QR Code, NFC/ E WALLET TECHNOLOGY SUPPORTED BY OUR APPLICATION, IN REAL TIME
QUESTIONS ?1) Potential size of market you are targeting?
10 billion dollar market size ( 10% of Market Size )
2) Your marketing plan for the same?
We had started our vendor registration activities
Marketing Plan ✓Step 1- Pilot Marketing : Direct channel to Vendors ( which we started on 28th May 2015 )
✓Step 2- Vendor Engagement:
We are creating awarness about our product through word of mouth and direct interaction with Vendors , The awarness is creating a vendor engagement to create good portal for rural fleet operators
✓Step 3 - User Awareness
Small promotions ( Facebook , Google SEO , local Advertisements and banners )
REVENUE GENERATION PLAN
Subscription model
After 6 months of effective customer , Vendor engagement
3. Have you been able to arrive at a clear business model for your product? If yes, what
YES , E COMMERCE PLATFORM FOR RURAL SECTORS WITH ONE SCREEN ADDRESS FOR EVERYTHING IN TRAVEL INDUSTRY & TRANSPORTATION
4. How do you plan to scale up?
➢ We will expand the basis to local areas ( 50,000 NOS gram panchyant) through Investors who can enhance our growth through accelerating the customer reach by promotional activities
➢We will authorise the existing channel partners in different parts of India for word of mouth and direct expansion of business our portal ( Like Small Societies , associations )
➢We will conduct conference in each taluk for safer driving and benefits of online platforms
➢We will partnering with insurance companies , reward points managing companies to transfer that to our vendors
➢We have strong promotion across India in different medias for creating customer awareness
Top 3 things you would need from startup village?
1) Support to raise the fund ( 1 Million Dollars )
2)Branding support ( Media write ups, success stories , your brand endorsement with Vehiclest globally )
3) Execution Support & Mentoring for scale ups