Business Concept Pitch: Convenient Vehicle Service with Pickup

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Added on  2024/06/03

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AI Summary
This assignment details a business concept pitch for a vehicle service centered around providing customers with convenient pickup and drop-off services. It outlines the business's structure, including key partners like Faraz Motors, Zakaria Motors, Moful Oil Company, and Castol Oil Traders, who contribute labor, service technology, customer base, and essential supplies. The key activities focus on innovative service and repair packages, quality painting, and customization. Value propositions include service, repair, customization, high-quality painting, and redesigning. The model utilizes channels like existing automotive showrooms and social media, targeting working professionals, university students, and the general public. Revenue streams are diversified across service and repair (50%), paint (30%), and customization/redesigning (20%). The business aims to build a large customer base through social media presence and a dedicated hotline, offering competitive pricing and unique services like pickup and drop, short turnaround times, and industry-leading customization.
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Assignment 2
The Pitch
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The business’s concept is based on the idea
to provide the customers the ease of
getting their vehicles service with the help
of pickup and drop service.
Concept of the Business
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Key Partners

Faraz Motors
Zakaria Motors
Moful Oil Company.
Castol Oil Traders
Faraz Motors- Labour, service technology, Providing Customer Base

Zakaria Motor- Labour, service technology, Providing Customer Base

Moful Oil Company- Engine oil and other oils as well as lubricants
needed by the business for the service.
Castol Oil Traders- Engine oil and other oils as well as lubricants
needed by the business for the service.
Key Activities

Innovative Service and repair packages Automobiles
Quality of paint and Customisation


Value Propositions

Service
Repair
Customisation
High quality painting automotive service
Re-designing

Customer Relationships

The business model aims at creating a relatively large customer base
in the targeted city or areas by introducing social media handle and a
full day working hotline for any queries, suggestions and complaints.
Increased working hours to help customers better and earn goodwill
in the industry.
Customer Segments
Working professionals
University Students
Public at large
Key Resources

Human resource
Service Technology
Financial resources
Channels
Existing automotive showrooms
Social Media
Low Fee Demonstrations
Professional advertising agencies

Cost Structure
Fixed
Variable
Semi-variable




Revenue Streams
The customers are currently paying 5 to 10 pounds per service for
two wheelers and four wheelers.
The customers are willing to pay the same and would prefer a
cheaper rate
The business model offers the customers a lower than market rate
Revenue provided by each business area contributing to total
revenue:
Service and repair – 50 percent
Paint- 30 percent
Customisation and re-designing -20 percent




Improved Business Structure
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2018 2019 2020
0
200
400
600
800
1000
1200
1400
1600
Consumer
Consumer
Statistics of the Business
Growth
2018 2019 2020
0
20000
40000
60000
80000
100000
120000
140000
160000
180000
Revenue
Revenue
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Pickup and drop facility for the
vehicles
Short turnaround time
Innovative services and packages
offered
Best in the industry customization
and paint job service
Attractive pricing
USP of the Business
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The services being offered by the
business are unique and shall prove
to be lucrative commercially. The
initiative to provide innovation to
customers and satisfy their
requirements will prove to be
successful in building goodwill in the
market.
CONCLUSION
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Thank You
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