Tag: Business Model

  • Trainman – Check for Seat Availability on Trains in Minutes!

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Trainman.

    Don’t know your train number (PNR status)? Worried when the train is arriving?  Want to know the live running status but unable to follow? Want to know whether the seats are available or not in the train? Want to know how much it will cost you to go?

    No more worries, please! You don’t need to run to those brokers anymore! Become tension-free because Trainman is here to solve all of your existing problems related to the railways and offer you relief. It is a site where PNR status, seat availability, fare enquiry is possible by sitting at the comfort of your homes. Read the Trainman success story below to know more!

    Company Highlights

    Startup Name Trainman
    Headquarters Noida, Uttar Pradesh, India
    Sector Travel
    Founders Vineet Chirania and Mohammad Amir
    Founded May 2014
    Website trainman.com

    Trainman – About
    Trainman – Founders And Team
    Trainman – Startup Story
    Trainman – Business Model
    Trainman – Revenue Model
    Trainman – Funding And Investors
    Trainman – Logo
    Trainman – Competitors
    Trainman – Growth
    Trainman – Future Goals

    Trainman – About

    Trainman is a one-stop-shop for checking PNR statuses of various required trains. It’s used to check the predictions after the train tickets are booked on IRCTC. Searching for various stations in one train’s route is also done here. The time the concerned trains stop at each station is mentioned within the app properly. It’s the most preferable railway site for train’s information.


    Trainman – Founders And Team

    Mohammad Amir and Vineet Chirania are the founders of Trainman.

    • Mohammad Amir is a graduate from IIT Roorkee who graduated in the year 2010. From class 6 he has been staying away from his home so he used to travel a lot by trains.
    • Vineet Chirania is also graduated from IIT Roorkee. He is from Gurgaon, Haryana, India. He is a techie-turned-entrepreneur and has got 9 years of experience in this technology and internet industry field. He has got deep knowledge and a special interest in the Indian Railways.
    Vineet Chirania, CEO, Trainman

    Trainman – Startup Story

    All have heard the name of IRCTC very well. Here online booking for the railways is done but they don’t provide you with all the information required for every passenger to know. Trainman helps you out here.  Now it’s a compulsory app on every individuals mobile phone – the ones who travel by train a lot.


    RailRestro Success Story – Order Delicious Food in Train
    Today, nearly 6 billion people travel in Indian Railway and we Indians love thisjourney more than any other mode of transport. Train journeys, especiallylengthy ones can get you hungry while you resist the desire to eat from thein-train caterer. The media has uncovered the pathetic side of train …


    Trainman – Business Model

    The company is very alert of itself and concerned with what it’s doing. It provides data to its users for the prediction that is taking place every day, so that it’s users can stay updated with the correct information and follow the changes happening. It provides trendy evidence to its users which is updated on a regular basis so that the users always remain updated rather than lagging behind with months-old information. It’s done so that nobody misses anything and can take proper decisions.

    Trainman – Revenue Model

    The Trainman Revenue is derived from advertisements. It also has tied up with various relevant businesses like Cleartrip which is used for flight and hotel bookings. They also tied with Jugnoo which is used for auto booking. All these help the company to generate more and share more revenues. This way they can stay bootstrapped and run profitably. The app is available in 7 Indian languages so that everyone can have proper access to it. The annual revenue of Trainman $3 million.


    List of Top Travel Startup in India | Tourism Startups
    > “The World Is A Book And Those Who Do Not Travel Read Only One Page.” – St. Augustine of Hippo, PhilosopherTravel and tourism industry is one of the largest industries in India. Accordingto government statistics in 2017, the annual growth rate of domestic travelersin India stood at 17.2%. Now…


    Trainman – Funding And Investors

    Trainman is bootstrapped and plans to stay so for as long as possible so tthey have raised $0 in the field of funding.

    Trainman Logo

    Trainman – Competitors

    The top competitors of Trainman include WAmazing, PKFARE, Grupo CDV and Air Tickets.

    Here all the companies mentioned above are private except one.

    • Air Tickets is a Subsidiary. They are the oldest ones among all competitors who came in 1949.
    • WAmazing is a technical travel and leisure platform. It came into existence in the year 2016.
    • PKFARE deals with travel and leisure. Its founding date is 2014.
    • Grupo CDV also deals with travel and leisure. We know them since 2015. The subsidiary ones also work for the same.

    All have got various locations with a very small number of employees. PKFARE has got the highest among all competitors. The second highest is Grupo CDV.


    Cleartrip Latest News. Cleartrip Luanches ‘Cleartrip for Work’
    Cleartrip launches a transformative solution ‘Cleartrip for Work’ New Delhi, October 18, 2019: Does your business require lots of travelling? Ifyes, we have a good news for you. Cleartrip,the leading online travel andleisure company has recently launched ‘Cleartrip for Work’, a transformativetr…


    Trainman – Growth

    The Trainman company is acquiring growth. It has tied up with Jugnoo – an auto-rickshaw aggregator. It will enable travellers to book three-wheelers from their respective railway stations. It will be operational in only a few cities. Recently, now it’s available in 35 cities of India. They are a Chandigarh based company. Trainman wants to expand its business this way by associating itself with various companies to acquire more growth.

    Trainman – Future Goals

    Currently, the company is having 5 lakh daily active users. It aims to have more and is also heading towards something technical that would bring prosperity to them and its users would enjoy as well.

    Frequently Asked Questions – FAQs

    What is Trainman?

    Trainman is a one-stop-shop for checking PNR statuses of various required trains and is used to check the predictions after the train tickets are booked on IRCTC. Searching for various stations in one train’s route is done here. The time the concerned trains stop at each station is mentioned within the app properly too.

    What is the Trainman funding till date?

    Trainman is a bootstrapped company.

    Can you check the seat availability Trainman app?

    Yes, you can check the seat availabilty on the Trainman app.

  • AngelList—A Step Towards Building Secured Future

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by the organization it is based on.

    Didn’t find a job yet? Want to start the journey from a startup company? Wasting money right now and don’t know where to utilise it? The world is filled with talented people. But these people don’t get the opportunity to fulfil their ambitions or dreams. No worries! Here is a great way to kick start your future and accomplish your goals

    AngelList is a website which helps the people to find out many startup jobs near them. Investments in the latest startups can be made as well. Read the Angellist success story below! Know and explore more!

    AngelList – Company Highlights

    Startup Name AngelList
    Headquarters San Francisco, US
    Sector Startup Community
    Founders Naval Ravikant and Babak Nivi
    Founded 2010
    Parent Organization Venture Hacks, Inc.
    Website angel.co

    AngelList – About
    AngelList – Startup Story
    AngelList – Founders And Team
    AngelList – Business Model
    AngelList – Revenue Model
    AngelList – Funding And Investors
    AngelList – Growth
    AngelList – Competitors
    AngelList – Future Plans
    AngelList – FAQ’s
    AngelList – Conclusion

    AngelList – About

    AngelList Logo

    AngelList is a US company for startups. For angel investors and job seekers looking to work at startups as well. The company was founded in the year 2010. The mission of the company is to democratize the investment process. It helps the startup companies, especially in fundraising. They began as an online introduction board for tech startups that needed funding. Since 2015, the company allows startups to raise capital from angel investors free of charge.


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    AngelList – Startup Story

    The company was founded in the year 2010 April, 22nd in San Francisco by entrepreneurs Naval Ravikant and Babak Nivi. Naval Ravikant thought that remote work’s time would be coming. And in the future, it will turn out to be the most important category in hiring. They had an idea of investing in companies. Which is why both shared a list of 25 investors. With whom they could share interesting companies to invest in. The company declared a list as ‘AngelList’ in 2010 along with the subscription of 50 angel investors whose intention was to invest USD $80 million in that particular year 2010.


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    AngelList – Founders And Team

    Naval Ravikant, AngelList (Founder)

    Naval Ravikant and Babak Nivi are the founders of the company AngelList.

    • Naval Ravikant is the CEO and the founder of the company. He is a brilliant entrepreneur and investor. He is having one of the most innovative minds in venture capital. AngelList is his biggest startup success.
    • Babak Nivi is an entrepreneur and the co-founder of the company. He started his career as an Associate at Seed Capital Partners. Then he joined Atlas Venture as a Consultant. In the year 2005, he joined Bessemer as an Entrepreneur in Residence. He was also the Vice President at Songbird for 1 year and 2 months.

    AngelList – Business Model

    The business model of the company is to connect investors with startup companies mainly. Their job is to attract more investors to fill up the funding rounds. Whenever an investor swipes right in the website. He/she receives all the information about the startup company. AngelList also provides it’s investors a recommendation along with the information. Angel investors are wealthy individuals. They provide capital for startup companies. All are accredited individuals with a net worth of at least $1 million or an annual income of more than $200,000. Private applications are submitted to get hooked up with the investors.


    List of Angel Investors in Delhi [With Contact]
    Angel investors are sometimes marked as Private investors or Seed Funders.Though known by different names, their main aim is to invest in startups or newventures, thereby helping them to grow and create a presence in this dynamicenvironment. If you are looking to get an insight about Angel Invest…


    AngelList – Revenue Model

    AngelList is a place, especially for entrepreneurs. The core business model focuses on the revenue model. The investors here invest in each other’s deals. They also invest in similar kinds of deals. And mainly they invest in the places whom they know. This is done because in this case, the investors find themselves safe. Whenever somebody signs in to angel.co. All the “angels” get access to the IP automatically. The company receives a 5% interest whenever a deal is made through the help of the platform.

    AngelList – Funding And Investors

    AngelList has raised a total amount of $26.2 million in funding over the 6 funding rounds.

    Date Transaction Name Money Raised Lead Investors
    March 9, 2015 Series B $2.1 million
    September 22, 2013 Series A $42 million GV, Atlas Venture
    August 1, 2013 Series B
    June 22, 2013 Seed Round $100,000 SOSV
    January 1, 2013 Seed Round
    June 1, 2012 Seed Round

    AngelList has got 45 investors.

    AngelList – Growth

    Success stories are growing in every corner of the world. One such story is AngelList’s story. In the year 2012, the company accepted applications for more than 500 startup companies. In the year 2013, AngelList Syndicates was noted as one of the most important innovations in the venture capital and angel investment industries. Like this, the company is growing. Today, they have 44 investors and have made 75 investments.

    AngelList – Competitors

    The top competitors of the company are Crowdfunder, SeedInvest, FundersClub, Crowdlords and Crowdzu.

    • Crowdfunder is crowdfunding the future. It connects projects with communities. In order to create great ideas all over the UK the company was founded in the year 2010.
    • SeedInvest is an online equity crowdfunding platform for venture capital and angel investing. The company was founded in the year 2011.
    • FundersClub is a company. It offers a venture capital platform to its consumers. The company was founded in the year 2012.
    • Crowdlords is a two-sided residential buy to let crowdfunding platform. It aims to bring the investors and landlords together. The company was founded in the year 2014.
    • Crowdzu is a crowd-based marketplace. Especially for entrepreneurs. The company was founded in the year 2014.

    AngelList – Future Plans

    The company is aiming towards innovating the infrastructure. They want to democratize the investment process more. These things will help the startup with money, talent and customers. AngelList has got over 35,000 recruiting companies. And has 5 million registered users. More acquisitions will support startup companies with customer generation and product launch. It is the current and main target of the company right now.

    AngelList – FAQ’s

    How much is AngelList worth?

    We eliminate the hassles of investing so they can focus on helping founders. AngelList Venture has over $1 billion in assets under management and 23 unicorns in the portfolio, including Lime and Robinhood.

    How does AngelList make money?

    AngelList’s core business model is focused on revenues from matching startups with talent. The syndicate’s platform has high upfront costs to AngelList, which AngelList hopes to cover through the 5 percent carried interest.

    How to Land a Job through AngelList?

    • Know your audience.
    • Understand how AngelList works.
    • Be the perfect candidate.
    • Follow up.
    • Follow directions.
    • First impressions go a long way.
    • Check your content.

    Who started AngelList?

    AngelList was founded in 2010 by serial entrepreneur Naval Ravikant and Babak Nivi. Using the traction from the Venture Hack blog on entrepreneur financing, Naval and Babak started a list of 25 investors with whom they would share interesting companies to invest.

    How do you use AngelList?

    AngelList is also a useful platform for anyone looking to get a job at a startup. It is just a three-step process: create a free profile showcasing your experience and skills, browse jobs and select the companies you are interested in, and wait for an email saying that that company has also said yes to you.

    How much does it cost to post a job on AngelList?

    There are over 2,000,000 active candidates looking for jobs on AngelList Talent, and connecting with them by posting a job is completely free.

    Is AngelList free?

    Employers can post-startup tech jobs on AngelList for free. You’ll first need to sign up with AngelList to create profiles for you and for your startup, all of which are also free of charge.

    AngelList – Conclusion

    AngelList was started as a platform to connect founders and investors in Jan 2010 by Babak Nivi and Naval Ravikant. Since then, it has evolved into 2 companies– AngelList and AngelList Venture. AngelList is a platform to help startups recruit employees, while AngelList Venture facilitates investments into startups via funds and syndicates. The help center you’re currently in contains information about AngelList, the recruiting platform. The AngelList Venture Help Center can be accessed at help.venture.angel.co.

  • Coolwinks – Making Eyewear Stylish and Affordable

    In the Indian market, every year there are different sets of trends, be it exciting, crazy, or bizarre, the fashion keeps changing. If one wants to remain trendy and up to date, then they need to hold the grip on current trends. This isn’t just restricted to the clothing, footwear, and hairstyles but also the eyewear too.

    Today from classic to trendy, the fashion in the eyewear category is too witnessing exciting shifts and rolls. To be updated one needs to get rid of the old-fashioned trends and take a chance to experiment with their frames, sunglasses, goggles, lenses, and much more.

    There are many brands in India that are influencing the trends in the eyewear industry and one such market mover is Coolwinks. Know more about these eyeglasses brands in India in this article.

    Highlights:

    Startup Name

    Coolwinks

    Headquarter

    Gurgaon,
    Haryana

    Founder

    Ganesh
    Iyer

    Sector

    E-commerce
    (Eye Wear)

    Founded

    2016

    Website

    www.coolwinks.com

    About Coolwinks
    Founder of Coolwinks and How it started
    Coolwinks – Name, and Logo
    Coolwinks – Business Model and How it works
    Coolwinks – Competitors
    Coolwinks – Product Range
    Coolwinks – Marketing Strategies
    FAQ

    About Coolwinks

    Coolwinks was founded in the year 2016. It is online eyewear stored based Indian startup that deals in various kinds of eyewear products including sunglasses, eyeglasses, and contact lenses.

    They have become a brand in India where one can find the latest frame styles, designs, and technologies that are supporting the eyewear industry. Their main focus is to target the audience where they can market their youthful eyewear products.

    Currently, they have served more than 30,00,000 lakh customers from various geographic locations. They have more than a million people who have used their application, and have more than 4000 different products to offer to their customers.

    Founder of Coolwinks and How it started

    Ganesh Iyer is the founder of Coolwinks. Before founding the company he has worked with companies like Goibibo and Akbar Online Booking Pvt. Ltd. He has done his Bachelors in Commerce from Mumbai University and has also completed his Masters in Business Administration in Marketing & IT.

    In 2016, when Ganesh was interested to start something on his own he found out that there is essentially a problem that has been unaddressed in our country and that was a poor vision. He thought that there is a huge challenge to get the accessibility of eyeglasses and eyewear’s that are suitable for the human eye.

    That is when he envisaged a company that would ensure to provide people with eyewear products that are stylish, affordable, and of high quality. The mission was to enable people to see better and give them a life with a better vision.

    Coolwinks is a name that is self-explanatory. The company is a leading online eyewear brand that focuses on the fashion-forward range of cool spectacles, sunglasses, and eyewear products.

    The logo of the company is also quite interesting, wherein the semi-colon is wearing a frame depicting what the company offers for its customers.

    Coolwinks Logo
    Coolwinks Logo

    With hassle-free deliveries, Coolwinks is driven towards helping thousands and millions of people to improve their vision and in turn lead towards better lives.

    Coolwinks – Business Model and How it works

    Coolwinks has a wide range of products that are almost non-competitive in comparison to other similar platforms in India. They offer high-quality and affordable products that are in accordance with the target audience, youth, and trends of the industry. The business model of Coolwinks is an e-commerce platform.

    Key Aspects of their Business model are:

    Quality is a priority

    Quality is one of the prime factors of the business model of Coolwinks. Their aim is to provide eyewear products that are of prime quality, so that their customers are satisfied.

    Affordable products

    Coolwinks aim to provide products that are of high-quality and are affordable at the same time for the people of India. Their aim is to have maximum reach and maximum availability at an affordable price.

    Trendy and Youthful products

    Fashion trends with low costs are the mantra of Coolwinks. Their products are known to be very youthful and fashionable which is currently in the trend.

    Wide range of variety

    The business model of Coolwinks introduced a wide range of products that are conceptualized with the changing times and have thousands of varieties in it.

    Coolwinks – Competitors

    There are various eyewear brands in India now. Though Coolwinks has its own presence in the market, there is tough competition for it too.

    Top Competitors of Coolwinks are:

    • Lenskart
    • Specsavers
    • Classic Specs
    • Waldo
    • Eyerim
    • Smart Glasses Buy
    • Eye Buy Direct
    • Leoptique

    Coolwinks – Product Range

    Coolwinks has a diverse and wide range of categories and products. Broadly they have products differentiated for males, females, and kids. Along with that their major categories include Eyeglasses, Sunglasses, and Contact Lenses.

    Each of them has a different range of offerings which vary from colors, sizes, types, brands, shapes, etc.

    Coolwinks – Marketing Strategies

    Coolwinks have had some amazing marketing strategies which have helped them in establishing their brand in the Indian market in a very short span of time. Initially, they went with a strategy where they sold their product at as low as Rs. 5 per sunglass.

    Indians bought 2 sunglasses of Coolwinks at just Rs. 10 worth Rs. 800 each by applying a code – SUN20. The customers got a cashback of Rs. 1000 using PayTM and there was similar cashback offers on payment methods like PhonePe and PayPal.

    Coolwinks Marketing Strategy
    Coolwinks Marketing Strategy

    The reasons why they went with this amazing marketing strategies were:

    1. Coolwinks wanted to achieve loyalty from the Indian market towards their products.

    2. They were enjoying the affiliate earnings from online payment platforms like Paytm.

    3. The business model of Coolwinks and their marketing strategies have attracted various investors and have drawn various investments, and They are able to offer various discounts.

    4. Coolwinks doesn’t spend huge amounts on advertisements and thus is able to save a lot on advertisement expenses.

    FAQ

    Who owns Coolwinks?

    Essilor International which is a world leader in ophthalmic optics owns Coolwinks.

    Who is the founder of Coolwinks?

    Ganesh Iyer is the founder of Coolwinks.

    Which companies does Essilor own?

    Essilor owns Varilux, Crizal, EyeZen, Xperio, Bolon, Kodak lens, Foster grant, and Optifog.

    Conclusion

    The huge online eyewear platform, Coolwinks, has been selling multiple types of products for every purpose and for every category of needs. Coolwinks has now become very popular among the Indian market which caters to all customers within the geography and is expanding its customer base each day.

  • JioSaavn- The Revenue Model And Business Model

    Jio is one of the topmost companies in India and it has a lot of potential customers. It is headquartered in Mumbai, India. In March 2018, JioMusic and Saavn merged in a deal worth $1 billion. After this, Saavn and JioMusic rebranded as JioSaavn.

    The merger was a huge advantage for both Jio and Saavn. The main reason for the merger was to attract an extensive user base. Also, with this, Saavn could strengthen the leadership in India and also get the connectivity and digital ecosystem of Jio. JioSaavn’s business model has been one of the most successful business models since the merger.

    JioSaavn – Customer Value Proposition
    JioSaavn – Key Partners
    JioSaavn – Revenue Model
    JioSaavn – Effect of Covis19
    What New Features Are The Main Reasons For A Wider User Base?
    An Endnote
    Frequently Asked Questions

    JioSaavn – Customer Value Proposition

    Advantage Of JioSaavn
    Advantage Of JioSaavn

    JioSaavn is a platform that has songs from 14 different languages. Also, people who come up with new podcasts and independent music can post their song on JioSaavn. This has helped them establish their talent and has hence been used a lot by them. Users can make a proper playlist and they can also choose from the curated charts and playlists that JioSaavn makes according to the needs of the user. Also, the search filter is a very interesting feature. Using this, one can filter the search with artist, songs, album, radio and so on. This has a lot of songs from various genres and languages.

    The next facility that is available to the users of Jio is JioTunes. Using the JioSaavn app, users can very easily set caller tunes. There are a lot of choices available for this. If the song is not available, the user can request for the song to be added to the list of caller tunes.


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    JioSaavn – Key Partners

    JioSaavn has partnered with many different various companies in different domains to achieve better revenue and reach. Here are a few of JioSaavn’s key partners.

    • Amazon: JioSaavn was the first music service in India that came out on Alexa and other voice assistants that were linked to Amazon.
    • Shazam: As a part of this partnership, Saavn’s music library was incorporated in Shazam. Shazam had a lot of customer engagement tools that gave a better music listening experience to the customers. This helped Saavn get a wider range of audience. With additional tools and better experience, customer rating also got better. This partnership helped them get better.
    • Android and iOS apps: JioSaavn has made apps to run in almost all the platforms. It first came out on Android and then on iOS. Now, it can also be found on the Chrome Web store.

    Other partners of JioSaavn are Sony Music, T-series, Eros, Warner Music and so on. Every key partner has added value to the revenue of JioSaavn and has helped them grow bigger. The partners also include Nokia, Samsung, Lays, general motors and so on.

    The Competitors of JioSaavn
    The Competitors of JioSaavn

    JioSaavn – Revenue Model

    Revenue From Subscription

    JioSaavn is not a fully free app. It allows users to subscribe and hence get ad-free music experience. This is called JioSaavn pro. If the user is new to the application, then they get 3 months free access to JioSaavn pro and then you get back to the normal platform. If the user wishes to extend the pro service, he or she has to pay and renew the subscription. JioSaavn gets some of the revenue from this subscription fees. Though this is entirely not their revenue source, this contributes a good per cent of the revenue.

    Revenue From Advertisement

    Apart from the revenue from the subscription, JioSaavn gets revenue by displaying ads relevant to the user. Advertisements from this digital platform generate higher revenues. A lot of different brands display ads on JioSaavn. This is only for the users who haven’t taken the subscription for JioSaavn Pro.


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    JioSaavn – Effect of Covid19

    Listeners usually listen to music in the morning. The only free time they get is during work travel. But with the spread of coronavirus, the first half listenership has gone flat. The reason for the reduction in the work from culture. Meanwhile, the listenership hasn’t gone down in the least.

    The second half of the day has seen a huge increase in usage. This is mostly due to people doing their chores enjoying music. There is also a huge change in the type of music people listen to. Before the pandemic, people start their day with music. Thus they listen to energetic songs to get themselves ready for work.

    Now, people have opted to listen to nostalgic and sweet melodies trying to relax their way to sleep. With lazy home working, people also changed the device to TV or speaker against smart phones.


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    What New Features Are The Main Reasons For A Wider User Base?

    The monthly growth rate preceding the pandemic was as high as 10 per cent. While post-pandemic, the growth rate got closer to 6 per cent. This did not mean a decrease in the usage of the app. The growth rate decreased due to the rapid increase in unpaid users.

    The increase is due to the updated features that the app provides for its pro users. It provides combined music with added lifestyle rewards. Many other offers have also been launched in partnership with companies like SkullCandy, SarvaYoga, etc.


    Best Revenue Model for Startups | Business Model in 2020
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    An Endnote

    With data on the type of music that users listen to, artists are encouraged to create original music. By understanding the users, new artists are discovered and their work is promoted. The same is done for music in a variety of languages to promote region-specific content. This increases the listenership of local artist originals while also increasing user base.

    The marketing of the app has also seen various changes between the pre and post COVID pandemic. The pre-COVID marketing was a stream first approach which leveraged the huge database. While there might not be a complete changeover, there is a significant change since the pandemic began. Marketing has become more offer oriented and based on partnership promotions.

    Frequently Asked Questions

    How does JioSaavn make money?

    jioSaavn makes money through advertisement and subscription model. If you are new to the app you will get three month free trial. Later you would have to pay being able to download songs and advertisement free experience.

    Is JioSaavn only available to Jio users?

    No, JioSaavn is available for all and it is free for all. You can listen to all your music, create playlists, set JioTunes, manage your music library, get music recommendations and much more. A Jio user can launch app on cellular data experience pro features free for 3 a months.

    Does JioSaavn pay Artists?

    Yes. JioSaavn, one of the most popular streaming service in India, pays just $0.00126 per stream. So, if the local instalments of Spotify, Apple Music and YouTube Music have to match the price of JioSaavn’s offer — well, you can expect that the regional per-stream payout will be comparable.

  • Twitter to Consider a Subscription Service for Exclusive Features

    Twitter is moving beyond the traditional social networking business model and is experimenting with new business model to sustain their platform. The latest test is a subscription service for exclusive features.

    Twitter is considering a subscription model to counteract its falling ad revenues. CEO Jack Dorsey said subscriptions are just one of several ways the company is looking to boost income from users.

    Twitter has had a meteoric growth as a popular microblogging platform with its quirks. Several celebrities like Elon Musk, Donald Trump and Kangana Ranaut use this platform to post controversial thoughts quickly picked up by the audience.

    Why is Twitter Considering a subscription Model
    How will Twitter’s new Subscription Model look like
    Will the Subscription Model impact Twitter’s growth
    FAQ

    Why is Twitter Considering a subscription Model

    A subscription model could offer a new source of revenue for Twitter. By charging some of its 353 million users in the US and others elsewhere to access extra features such as more followers or enhanced analytics. It would also mark Twitter’s most significant departure from its core advertising business model when it is struggling to attract advertisers.

    The company has suffered a sharp decline in its ad revenue in recent quarters as it works to grow beyond its stagnant user base. The majority of the revenue share came from the targeted advertising model that this platform offered. In 2021,  Twitter is looking to move away from revenue dependency on brand-oriented advertising approach.

    How will Twitter’s new Subscription Model look like

    Twitter launched a survey among users last year in July 2020 to analyze the interest levels.


    These are the potential features that are likely to be provided to the premium Twitter users in 2021.

    1. Undo Send

    Post something really embarrassing accidentally on Twitter? No problem. This feature helps you delete your Tweet before anyone even sees it, all within 30 seconds of posting. The premium Undo event on Twitter is a simple way to recall or withdraw a tweet, so it never gets seen by anyone.

    2. Custom Colors

    Change the feel and look of Twitter – adapt it to suit your style. In addition to Night Mode, the premium feature allows you to change your default background color and other critical elements in your interface. The new custom color setting gives you more control over the appearance of Twitter on your phone or computer.

    3. Video Publishing

    Twitter currently limits uploaded video size to 140 seconds or 6 MB for most users. With a premium subscription, you could publish videos 5x longer than the current default settings (i.e. 5 minutes), and use a much higher maximum resolution (8192×8192) for each frame within the video.

    4. Badges

    Twitter Badge helps users learn more about the people they follow on Twitter. The badge shows users the businesses a user writes for or owns. It’s just another way for people to discover others and get to know them better. It also helps maintain a credible brand presence.

    5. Auto Responses

    Auto-response in the premium version of Twitter helps you come up with tweets that can increase your following. This is done through a menu of auto-responses to use in the direct messages to Twitter netizens. When Twitter detects a matching phrase, it will send out an automated reply.

    6. Social Listening

    See how often your brand is mentioned on Twitter and get a deeper understanding of what people are saying with the new social listening tool. This tool lets you see the general conversation around a brand, including total volume seen through the social search function, and which users or businesses are talking most often.

    7. Brand Surveys

    Create surveys and polls to collect feedback about your Twitter Ads campaigns. This insight can help you measure your campaigns effectiveness, understand if your audience is likely to buy the products or services featured in your ad, and optimise future creatives.

    8. Freedom from Ads

    Enjoy premium Twitter with a different kind of streaming experience. Say goodbye to ads; say hello to a whole new look and feel without the distractions of promoted tweets. Have your data protected from advertisers and upgrade the privacy options.

    Disclaimer: “This is not necessarily reflective of Twitter’s future subscription model, and will change at the discretion of Twitter’s management. The survey is the current source of official information.”

    Twitter Revenue
    Twitter Revenue

    Will the Subscription Model impact Twitter’s growth

    There has been a general resistance against paid social media networks in general. A Washington Poll in 2018 revealed that fifty-eight percent of the respondents wouldn’t pay for Facebook if it adopted a paid network model. The same would go true for Twitter. However, Twitter has always emphasized that they would not ask the users to pay for the current features they enjoy.

    The most important thing to remember is that Twitter must be a zero-sum game. For users who are not paying for access, there can’t be any knock-on effect of paid Twitter users keeping content to themselves.

    Twitter is a model that depends on users, not mouse clicks. It’s the connective tissue between friends and strangers, emphasizing broadcast v/s a one-way conversation (social media has been big on one-way communication).

    FAQ

    How does Twitter make money?

    Twitter earns its revenue from Data licensing and Advertisements.

    What is Twitter’s net worth?

    As of Oct, 2020 Twitters revenue was nearly $40 billion.

    Who is the CEO of Twitter?

    Jack Dorsey is currently the CEO of Twitter.

    Conclusion

    An exclusive Twitter subscription model could be just what the company needs to make money and keep customers privacy intact. In this world, where our activity across social media platforms is monitored, Twitter can offer a premium social network to eliminate our privacy concerns.

  • Dineout – Reserve a Table at your Favourite Restaurant with a Tap of a Button

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by the organization, Dineout.

    We all love good food and not only to survive! It doesn’t matter whether it is traditional or international. But due to the hustle and bustle all around, people aren’t able to go to the spot and book their seats. Or the tables were already booked when you get the restaurant and you don’t get a fair chance to sit and eat. These leaves most of us to settle for else and just get the same old takeout you always opt for. But not anymore.

    Because, Dineout is here – your new go-to restaurant table reservation service company. It helps its customers find tables in their favourite restaurants and enables users to get exciting offers along with it. Read the Dineout success story below and find out the unknown details such as the story of the founders of Dineout’s, Dineout’s business model, revenue, competitors and much more.

    Dineout – Company Highlights

    Startup Name Dineout
    Headquarters Noida, Uttar Pradesh, India
    Sector E-commerce, Food & Beverage
    Founders Ankit Mehrotra, Vivek Kapoor, Sahil Jain and Nikhil Bakshi
    Founded February 2012
    Parent Organization Times Internet Limited
    Website dineout.co.in

    Dineout – About
    Dineout – Startup Story
    Dineout – Founders And Team
    Dineout – Logo
    Dineout – Business Model
    Dineout – Revenue Model
    Dineout – Funding, Investors And Acquisitions
    Dineout – Growth
    Dineout – Competitors
    Dineout – Future Plans

    Dineout – About

    Dineout enables its customers to book tables online without having to physically go to the spot. It is a restaurant technology company based in India. The service is available in more than 20 cities in India and is looking to expand.


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    Dineout – Startup Story

    In the year 2010, Ankit Mehrotra was in London and his school friend Sahil Jain was in the US. They often came together to India. Every time they visited they had the same question.

    “Where do we go out tonight?”

    Asking their family members or friends never turned out to be fruitful. Because they always suggested the same places. After going back to London and the U.S. they found their regular jobs to be boring. They thought of solving the restaurant discovery problem. In February 2011 Sahil left his job and came back to Delhi. Ankit followed a few months later. They convinced two of their other school friends – Vivek Kapoor and Nikhil Bakshi to join the startup later. In September Dineout got registered as an online table reservation platform. Things weren’t easy for the four school friends. In its early days, they faced 20 rejections. The first restaurant partner of the company was Ruby Tuesday. Google Ads helped the company get a lot for recognition in the initial days. On February 29th 2012, the company went live with 75 restaurants in Delhi.



    Dineout – Founders And Team

    Ankit Mehrotra, Vivek Kapoor, Nikhil Bakshi and Sahil Jain are the founders of the company Dineout.

    • Ankit Mehrotra is the founder and the CEO of Dineout. He started here in early 2012. He started his career as an analyst at BNP Paribas. He pursued his bachelor’s degree in Computers and Telecommunications Engineering in the year 2011. After that, he completed his education from the CFA Institute.
    • Vivek Kapoor is the co-founder of Dineout. Before, he was the chief officer at British Petroleum. He completed his schooling from Modern School in the year 2002.
    • Nikhil Bakshi is also the co-founder of Dineout. Before, he was the manager of DSP BlackRock Mutual Fund. He pursued his B.Com degree from Delhi University.
    • Sahil Jain is one of the founders of Dineout. He started his career as a Software Engineer in Sasken Communication Technologies Ltd. Also, he was the Senior Business Analyst and Associate Manager at Mu Sigma. For 9 months, he was the Senior Market Analyst at Nextag.
    Nikhil Bakshi, Ankit Mehrotra, Sahil Jain and Vivek Kapoor (left to right) Founders, Dineout

    Dineout Logo

    Dineout – Business Model

    The Dineout business model is rather simple. The company offers its customers many B2B and B2C services. The aim of the company is to serve its consumers by helping them book tables in hotels and restaurants. It has made deals with pubs and restaurants to help customers find the best offers. They give discounts for their promotion and also whenever there is an increase in downloads.


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    Dineout – Revenue Model

    The company charges an annual subscription price from the restaurant partners. As well as from the consumers. It also makes money on every transaction done through the platform. But it varies as per restaurants and cities.

    Dineout – Funding, Investors And Acquisitions

    • Funding rounds

    Date Transaction Name Money Raised Lead Investor
    January 24, 2014 Series A

    • Investments

    The company has made only one investment. Dineout has invested money on Adurcup on September 14, 2015. The money raised is an undisclosed amount. Money was raised from the Angel Round.

    • Acquisitions

    Dineout has acquired 2 organisations. The most recent acquisition was Binge Digital. The announced date was on August 9th 2019. The price is an undisclosed amount. The company also acquired Torqus Systems on November 28, 2018.

    Dineout – Growth

    The company showed a sustainable growth of 154% in the year 2019. The average number of diners before 2019 it was 8 lakhs per month. But in the year 2019, after the GIRF, the number of diners jumped to over 16 lakhs per month.

    Dineout – Competitors

    The top Dineout competitors are EazyDiner, Zomato, HungryNaki to name a few.

    • EazyDiner is the topmost rival of Dineout. It was founded in the year 2014. It is headquartered in Gurgaon, Haryana. The company also operates in the Application Software space.
    • Zomato is an Indian restaurant aggregator and food delivery startup. It was founded by Pankaj Chaddah and Deepinder Goyal in the year 2008.
    • HungryNaki is an online food delivery service in Bangladesh. It is the first and premium one among all the others.

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    Dineout – Future Plans

    The company started expanding into international markets. Across Asia, Africa, UAE, Bahrain, Kuwait, Kenya, Saudi Arabia and East Africa. Dineout is also spreading its wings towards Tier 2 and Tier 3 cities in India. This change will be taking place because the brands will soon open up outlets in the Tier 2 cities.`

    Frequently Asked Questions – FAQs

    What is Dineout app?

    Dineout is a restaurant table reservation service company founded in 2012 based in New Delhi, India.

    Who is the owner of Dineout?

    Dineout was founded by Ankit Mehrotra, Nikhil Bakshi, Sahil Jain and Vivek Kapoor in 2012.

    What is Dineout net worth?

    Dineout is processes more than 100 Million diners and $800 Million worth of transactions across its network of 50,000 partner restaurants in 20 cities. The exact networth of Dineout is unknown.

    When was Dineout founded?

    Dineout was founded in 2011 and the site went live in 2012.

  • Archies – Let Your Dear One Know That You Care

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Archies.

    Who does not love gifts? Small gifts, toys and chocolates for the little ones and especially greeting cards have the ability to elate anyone at any point of time. Customizing is a trend now. Nowadays people prefer personalizing items rather than buying something readymade.

    Archies has got an exotic collection of exclusive gifts and cards. It helps you out to express your hidden thoughts, feelings for your dear ones. In today’s date, people remain so busy that they forget to admire the precious moments of their life. Read the Archies success story below.

    Archies – Company Highlights

    Company Name Archies
    Headquarters Delhi, India
    Sector Gifts
    Founder Anil Moolchandani
    Founded 1979
    Website archiesonline.com

    Archies – About
    Archies – Startup Story
    Archies – Founder and Team
    Archies – Tagline, Slogan and Logo
    Archies – Business Model
    Archies – Revenue Model
    Archies – Funding and Investors
    Archies – Growth
    Archies – Competitors
    Archies – FAQs

    Archies – About

    Archies is a Delhi based company. The main product of the company is greeting cards. Apart from greeting cards, the company has also got exquisite gifts for females such as mothers, daughters, sisters, girlfriends, etc. Shopping can be done through both online or from the marketplace.  


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    Archies – Startup Story

    The company came into existence in 1979. In the initial stage, Archies sold posters, song books, and leather patches. But now the main product of the company is greeting cards. Those were introduced in 1980, a year later after the company got founded. In 1984, the company acquired its foreign license from Walt Disney.

    Since then Donald Duck and Mickey Mouse were visible above the greeting cards. After this, the company became more famous. In 1987, The Archies Gallery Chain came into existence. It was an instant victory then. In 1993, Archies Gallery crossed the 100th mark of opening the stores.

    Now the world has changed and almost everything is digitized. So, for this reason, the company has also introduced ecards to keep pace with the new marketing strategies.


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    Archies – Founder and Team

    Anil Moolchandani

    He is the founder of the company Archies. Currently he is the Managing Director and the Chairman of the company. After his graduation, from the college, he began his business career with a sari shop based in Delhi.

    His first order was of Rs. 12. Slowly the business was growing and Archies held its 1st first distributors meet in New Delhi.

    The tagline of the company is, ‘The most special way to say you care.’ Archies define love. This is love which is meant for all sorts of relations.

    Logo, Archies

    Archies – Business Model

    Archies wanted to make a business model which would be perfectly suitable for Indian customers. Nowadays, people talk a lot about the franchise stores.

    So, Archies took this idea into its head and was the first one among all to start with this new stuff during those days.

    Archies sell gift items offline, and online it is divided into three parts – meet, greet and gift. The company has got more than 700 programmed ecards.

    These cards are totally different from the other cards over the internet. The ecards consist of sound effects, long storyline with animation.

    The company allows the consumers to buy gifts online. And the products are delivered to the doorsteps.


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    Archies – Revenue Model

    The revenue model is very simple over here. Whatever the products Archies sell, the company gets the proper and the accurate amount after selling items to the customers. The site also avails discounts like 15% at times.

    The residents of Delhi, India always get free deliveries on their every purchase. But the customers from the other parts of the county do not get it for free. The shipping is free if you order above Rs. 500.

    These people pay extra Rs. 25 as the delivery charge. The minimum value for every purchase online is Rs. 250. Blue Dart and Elbee are the gift delivery partners of Archies and Easy Net Com is the payment gateway of the company.

    Archies Gallery Store

    Archies – Funding and Investors

    Archies has raised money from 1 round.

    Date Transaction Name Money Raised Lead Investor
    April 9, 2007 Post-IPO Equity

    Archies is funded by only 1 investor – Brand Capital.

    Archies – Growth

    The company is not growing well recently. It is facing poor sales growth since the last 5 years.

    Archies – Competitors

    The top competitors of the company are Snapdeal, moonpig.com and Oyegifts.

    • Snapdeal is the top competitor of Archies. It is headquartered at New Delhi, Delhi, India and was founded in 2007. This company works within the E-commerce field.
    • moonpig.com is one of the top competitors of Archies. It is headquartered at London, England and was founded in 2000. This company is in the Gifts and Books Items industry.
    • Oyegifts is perceived as one of the top competitors of Archies. It is headquartered at New Delhi, Delhi, India and was founded in 2014. This company operates in the Speciality Stores sector.

    Archies – FAQs

    Who is the owner of Archies?

    Anil Moolchandani is the owner of Archies.

    How to track Archies orders?

    Contact – Email ID – helpdesk@archiesonline.com

    How do I get Archies franchise?

    The area required for an Archies gallery is 500 to 1000 sq. ft. The Brand Fee is Rs. 5 lakhs. And an investment of around Rs. 15 to 20 lakhs is required.

  • Everything You Need to know about Hyperlocal Business Model

    Smartphones have become the game-changer for the on-demand delivery business models. Buying groceries to ordering food, purchasing medicine to renting furniture, the rise of on-demand apps have made our life easier than before. Consumers now prefer to get all their basic need services at their doorstep so that they can save that amount of time and can get relaxed till their order get delivered.

    These on-demand apps have given acceleration to one such business that is known as hyperlocal business. The hyperlocal delivery business model is a perfect example of how technological advancements can unite with the age-old favourite shopping methods.

    What is Hyperlocal Delivery Business Model?
    Hyperlocal Delivery Business Model
    Benefits of Hyperlocal Delivery Business Models
    Supply chain models of a hyperlocal business
    How to build a Hyperlocal Delivery Network?
    Role of a hyperlocal delivery model in Covid-19
    FAQ’s

    What is Hyperlocal Delivery Business Model?

    The term ‘Hyperlocal’ refers to ‘a small geographical area’. Hyperlocal delivery model is when delivery of products is done within a particular geographical area. The pick up location from where the order is packed and the customer’s address should lie within the same pincode.

    This kind of delivery model works mostly in cases of groceries, medicines, regular household items, food delivery and even services such as plumbers, electricians, carpenters etc. The USP of hyperlocal e-commerce businesses lies in their ability to deliver products and services at unbelievably fast speed.

    Hyperlocal Delivery Business Model

    Hyperlocal  delivery model is defined as a business model in which the service aggregator acquires requested product locally and delivers the same to the customer in the same geographical area.

    Hyperlocal business model
    Hyperlocal Delivery Business Model

    For example, let us consider a hyperlocal on-demand business in food. When The customer places an order for the required food item through the dedicated mobile application, The aggregator receives the order and passes on the order details to a delivery partner. The delivery partner dispatches a delivery boy to procure the requested item from a local store and makes sure that it reaches the customer at a requested location. The aggregator drives the entire system and earns a commission for the role it plays.

    This model is applied to products as well as services like plumber, electrician, beautician, etc. The most popular example of a hyperlocal delivery model would be Zomato and Swiggy.

    Benefits of Hyperlocal Delivery Business Models

    Here are some of the benefits associated with hyperlocal delivery business model

    Supports traditional Stores

    The rise of e-commerce and online retail has been a threat to traditional stores. Hyperlocal delivery models provide them with an opportunity to optimize their sales.

    Minimal Efforts Required from Retailers

    Retailers can enlist their businesses on their respective platforms and grow their business. Everything from pickup to delivery is managed by the app aggregator. Hence retailers can grow their business with minimal effort.

    Helps build a sustainable ecosystem

    The hyperlocal delivery model is environment friendly as carbon footprints as long transportations are reduced.

    Single Device management

    A single mobile app can help you track, control and manage the entire hyperlocal marketplace.

    Supply chain models of a hyperlocal business

    Inventory-led model

    The inventory-led model is where you source your products directly from the brands and sellers and create an inventory of them. In this model, you are playing a direct role in the hyperlocal market. You have to track the demands of your customers and manage your inventory accordingly. You have to direct a team to manage inventory accordingly.

    Aggregator model

    Aggregator model can also be called as zero inventory model. In this delivery model you act as connecting link between the retailers and customers to ensure last-mile connectivity and delivery.

    How to build a Hyperlocal Delivery Network?

    Choose the product you you want to deliver or sell

    Firstly, you need to decide what products or services you would choose to deliver. Hyperlocal delivery models have tremendous utility and scope for success in a wide variety of sectors –restaurants, medicines, grocery, cabs, and hyperlocal logistics. You can target the local geographical locations and analyze the demand for a particular product or service.

    Identify your Target Audience

    Study the response of customers towards previous businesses. Your target audience may be busy professionals who have no time to head down to a restaurant for a meal, or you may target senior citizens who are unable to walk to their nearest grocery store.

    Market your product in your locality

    Your marketing strategy depends heavily on your target audience. You have to make your presence known by trying out different advertising methods that appeal to your audience.

    Build local partnerships with delivery agents

    Building  the network is an essential part of any business. in this you must create partnerships with two different parties – a delivery partner and the local merchants.

    You could receive the customer’s orders through your mobile app and ask the local merchants to send their delivery personnel to deliver the order. You can also opt for partnering with a delivery agency. Often delivery partners charge a fixed price per delivery and impose a minimum delivery cap.

    Decide on an Revenue model

    Your revenue model depends on two sources – commissions from the merchant-partners and delivery charges from the customers. Your local partners pay you an agreed percentage of the order amount as commission on every order placed from their store. Your partners will be happy to pay you more if you bring them more business. You can charge your customers a convivence fee if you wish, as most businesses are providing free delivery services.

    Launch a hyperlocal mobile app

    Now you need to start working on the platform. You need to build separate mobile apps for iOS and Android for each of the three parties – the merchants, the customers, and the delivery drivers. A feature-rich, user-friendly app plays a major role in creating a solid customer base.

    Role of a hyperlocal delivery model in Covid-19

    Due to lockdown restrictions many hotels and restaurants had to shut down, this was the the right time to get online, especially for offline merchants who were facing business ups and downs during this crisis. Many restaurant’s took their business online as they saw it as a fully wise decision to starting with an online business, so that even after the COVID19 crisis, they can get better growth.

    To survive and thrive in the industry, you need a robust admin panel, an efficient and effective customer tracking app, and a powerful delivery driver app. Furthermore, you should always concentrate on a consumer’s satisfaction. Measuring customer satisfaction should become your daily habit – not something you do from time to time. You can expect a massive growth of such businesses in the near future.

    FAQ’s

    1. What is a hyperlocal business?

    Ans- Hyperlocal businesses are referred to as businesses where one wants to build a local ecosystem that enables customers to buy anything from their neighborhood stores. Hyperlocal includes all businesses in your locality, the nearby stores, Restaurants, Market, Malls, Hotels, and other products and service providers.

    2. What is hyper local delivery model?

    Ans- The hyperlocal delivery model is a type of model when the product delivery is done within a particular geographical area. The pick-up location of the order and the customer’s address should be the same. This type of delivery model works mostly in businesses like groceries, medicines, household items, food delivery businesses, and even in jobs such as plumbers, electricians, carpenters, etc.

    3. How do I build a hyper local delivery company?

    Ans- In order to start a successful business with a hyperlocal model, you should choose a strategic approach. Below mentioned is a step-by-step approach that lists the processes which involve a hyperlocal on-demand delivery business.

    • Select the Industry
    • Choose a Niche
    • Identify your Target Audience
    • Seal the Deal (Create Partnerships)

    4. What are hyperlocal startups?

    Ans- A hyperlocal startup is a type of business that supports other businesses in delivering products such as Locus or Shadowfax or in delivery of products through a marketplace-like platform like Dunzo or Swiggy with Swiggy Go, or any other startups operating in this space in the Indian market.

    5. What is hyperlocal shipment?

    Ans- Hyperlocal delivery is the process of delivering goods directly from a seller to the customer. It’s the process that involves the operation of a courier agent picking up products from a seller and then delivering them directly to the customer’s address.

  • Reasons Why Packers And Movers Business Model Is So Successful

    Home and office relocation is one of the tedious processes and without professional assistance, it will be a difficult process for people while shifting their belongings. To meet the requirements of individuals for the relocation, packers and movers plays an important role.

    Packers and movers provide top quality packing material and also ensures about security and safety of each item.

    The packers and movers offer end to end shifting options and it is designed as per a client’s requirements and offers a vast range of household, corporate, commercial shifting services. Presently, there are several providers of the business model of packers and movers, which helps people in identifying a list of packers and movers from India and overseas. The motive of the platform is to assist people in finding their packers and movers, which are suitable for their relocation needs.

    This professional service provides customized moving services for domestic as well as international relocation services.  The website has attempted to enlist professional packers and movers from each part of the metropolitan urban areas.

    About Packers And Movers Business
    The Business Model of Packers and Movers
    The Process That Packers and Movers Follow
    What Makes The Packers And Movers The Best in The Industry

    About packers and Movers Business

    The packersmovers.com is a one-stop platform for getting various solutions on relocation. The website has a vast network of packers and movers service offerings, which are trusted and operating throughout the country. With this one can assure you of getting the most steadfast solutions in the field of household and office relocation.

    The logo of Packers Movers
    The logo of Packers Movers

    What makes them a unique platform is their business model and online directories for packers and movers in India as they deliver verified relocation services at economic quotations. The site has a vast variety of packers and movers organizations that are enlisted on the website. The website carries all the measures while conducting the screening process to ensure flexibility,

    It has passed through all the required measures of screening for ensuring suitability and legitimacy. It covers all the geographies of the country’s urban areas.

    The team of professionals employed at these companies are trained and experienced to handle all kinds of goods efficiently. The noteworthy aspect of the website is that it prefers quality over quantity and introduces its customers to a selected group of trustworthy and highly acclaimed companies.


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    The Business Model of Packers and Movers

    The Packers and Movers do not provide any relocation services directly to people. It is only a trustworthy online reference platform to find the best packers and movers in India. The packersmovers.com operates in all major metros of India. The packers and movers business model are known for cost calculator that has made the decision-making process easier as it just requires the customer to enter a few details of your move on the website to get the moving cost estimate within a few minutes.

    ‌The key specialized offerings of the packers and movers are packing, loading, transporting, unloading, and unpacking. The final relocation charges are dependent on various factors packaging cost, labour cost, fuel cost used in transportation, insurance (if applicable), taxes, etc.  Perishable items, plants, flammable liquids, pets, valuables, corrosives, and hazardous materials will not be relocated by the packers and movers.

    The Benefits of hiring packer and movers
    The Benefits of hiring packer and movers

    GST rate –  When a person uses all of the company’s relocation services, such as packing, loading, and unpacking, the GST rate applied to the services of packers and movers is 5%.

    Charges or rates of packers and movers in –  The packers and movers charges are Rs 3,000 to Rs 18,000 for local shifting up to a distance of 13 km to 30 km and Rs 5000 to Rs 20,000 for distances greater than 31 km.

    Factors on which Packers and movers charge moving costs –  Distance between current and new locations, packing materials used, labour charges, and the number and size of items to be relocated are all factors.

    Local Relocation Cost
    Transportation cost Rs 1,000 to Rs 4,000
    Packing, loading & unloading Rs 2,000 to Rs 6,000
    Domestic Relocation Cost
    Up to 400 km Rs 4,000 to Rs 30,000
    400 – 800 km Rs 6,000 to Rs 40,000
    800 – 1300 km Rs 7,000 to Rs 45,000
    1300 – 1900 km Rs 8,500 to Rs 50,000


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    The Process That Packers and Movers Follow

    The following steps are included in the relocation process carried out by professional packers and movers.:

    • Conduct a pre-move survey of the customer’s location to record the relocation’s specifics.
    • Disassembling all furniture, electrical appliances such as televisions, and other items to make the relocation more manageable.
    • Transportation of belongings from one location to another.
    • The items are being unpacked at the location.
    • Using high-quality packing materials to pack everything.
    • Unloading the items from the truck with care.
    • The transaction is completed with full payment for their services.
    • Loading all household items into the transport vehicle with care.
    The process of packers and movers
    The process of packers and movers

    What Makes The Packers And Movers The Best in The Industry

    While every other shifting company assures its clients of its user-friendly services, the website emphasizes spot-free results than lavishly propagating our services. The key aspects that make them on the top of the market are:

    • Customers are given a comprehensive moving guide. This enables them to obtain all of the useful tips on various aspects of moving, such as pre-relocation tips and various ways to reduce the scope of damages.
    • Using guidelines will assist customers in fully preparing on their end, reducing hassles and ensuring a smooth relocation.
    • Customers’ needs are well understood by packers and movers, who provide them with free quotes on a variety of customised services. This allows them to negotiate more effectively with the representatives.
    • In terms of customer satisfaction, the website enables its users to receive expert advice from renowned translocation experts on how to have a safe and cost-effective relocation experience.
    • The experts also provide reviews about various packers and movers on our website, assisting users in selecting the best transportation services.
    • Their customers submit questions about various aspects of relocation to their website. Using these Frequently Asked Questions (FAQ), one can quickly find a solution to his or her problem…

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    Home Relocation Services

    The amount of work involved in a home relocation service is extensive, and it can be stressful. This is why many people choose to hire home shifting services from reputable movers and packers. These companies have many years of experience and expertise in completing a domestic move within the city or across town. They perform the relocation task using modern and advanced techniques.

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    Office Relocation Services

    You may be planning to relocate to a larger space, open a new branch, or renovate your current office; whatever the reason, you will require office relocation services to ensure a smooth transition. Seeking professional help from reputable packers and movers to ensure a smooth moving experience. Hiring an established team of packers and movers would likely save people money on relocation plans, infrastructure, equipment, shipping of old office appliances, and a quote for the entire procedure.
    Packers and movers can also help you with legal paperwork to obtain business and construction permits. Providers of office relocation services bring high-quality packing materials and tools.


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    FAQs

    What is packers and movers business?

    The packers and movers service providers offer end to end packing and shifting services which include, disassembling and packing household goods e.g. furniture, home and kitchen appliances, kitchen items, bedding, etc.

    How much do packers and movers charges?

    The fee charged by packers and movers will vary as per the number of items to be moved, weight of the items, distance to be covered, and such other factors.

    Which is the best packers and movers in India?

    List of Best Packers And Movers in India:-

    • Kuber Logistics Movers and Packers Pvt.
    • Maxwell Relocations.
    • Urban Relocations Packers & Movers.
    • Agarwal Packers and Movers.
    • Happy Packers & Movers Pvt.