Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
A
Mid Review report
On
Summer Internship
At
On
Submitted to:
by:
Dr.Jitendra Sharma
Submitted
Vrushika Patel
Gr No: 212
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Acknowledgement
I would like to take the opportunity to express my deep
gratitude to all those who have been the part of this report in
some way or the other. First and foremost, I would like to thank
my company guide Mr. Gaurav Tripathi (Business
Development), for his valuable guidance, and for allowing me
to work on the topic that developed my marketing skills, for
getting knowledge for my career growth.
I am thankful to my faculty guide Dr.Jitendra Sharma for his
encouragement and timely suggestions which helped me
greatly during the course of this project. His criticisms and
valuable insights were very useful in preparation of my SIP Mid
review report.
I would like to thanks my college faculty also for their support
during the SIP. At last, I would like to thanks my family
members, friends and relatives for their valuable help during
the survey
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Table of content
Acknowledgement
Chapter 1 Industry Analysis
1.1 Overview of cab services Industry
1.2 Market Dynamics
1.3 Growth Rate of Cab Industry
1.4 Market Trends
1.5 Competition Analysis
1.6 Opportunities and Challenges
1.7 Porters 5 competitive forces model of cab
Industry.
Chapter 2
2.1 About the Company
2.2 Vision
2.3 values
2.4 objectives
2.5 why This Company?
2.6 Services provided by the company
2.7 Departments and work of every department
a. Marketing Department
2.7.1 USP
2.7.2 4ps of Rayer Services
2.7.3 Target Market (clients)
2.7.4 Major Competitors
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b. Human Resource
c. Financial management
Chapter 3
3.1 Task Assigned
3.2 Task Achievements
SIP Learnings
Log book Status
Chapter 4
4.1 Appendix
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Chapter 1
Industry Analysis
1.1 Overview of cab services Industry
What is a cab?
A taxicab, also known as a taxi or a cab, is a type of vehicle for
hire with a driver, used by a single passenger or small group of
passengers, often for a non-shared ride. A taxicab conveys
passengers between locations of their choice. This differs from
other modes of public transport where the pick-up and drop-off
locations are determined by the service provider, not by the
passenger, although demand responsive transport and share
taxis provide a hybrid bus/taxi mode.
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Evolution of taxis
Today we still use taxicabs in a variety of major metropolitan
areas across the country, and other similar countries. Taxis
have been integrated into our culture, being a major symbol
many associate with the city of New York. It also has become a
faucet in the entertainment industry and news media. While the
yellow taxi cab has been integrated into many societies, there
now exist an extension of the traditional taxi that seeks to
revolutionize the industry. This new extension is called
ridesharing, which is application in which it becomes easier and
more convenient to get rides in an untraditional manner.
The concept is fairly easy. Such applications allow you to hail a
ride from a stranger, and save cash at the same time. To most
individuals who use such a service they see ridesharing as
economic freedom, in that they no longer have to pay
outrageous prices to hail a ride. Such apps came into existence
around 2010
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2.Unorganized
12%
Organized
Unorganized
88%
The radio taxi market has seen a lot of traction over the past
couple of years. The Indian radio taxi market is pegged
anywhere between $6-$9 billion dollars by different estimates,
and is forecast to grow at 17-20% annually. More importantly,
only about 12% of this market is organized sector the rest is
by operators who own fleets of 2-50 cars and typically have a
presence in one city. Ola cabs seem to be the front-runner in
the Indian market with their state-of-the-art mobile first
approach to booking cabs. It was the first Indian taxi company
to make users aware of the nearest cabs; this gave the freedom
to users to book cabs at their own convenience. Its really good
to see Ola giving Uber a tough fight in the Indian market by
constantly upgrading its technology.
Ola has been aggressively trying to make sense of the data to
increase their mobile dominance. To further strengthen their
data-science and products roadmap, Ola is now partnering with
Appiterate, a mobile A/B testing and app relationship marketing
platform for mobile apps
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Hailing a cab (or sharing it) has never been easier. All you need
to do is to download a simple app, punch in the location details
and in a matter of minutes youll have a ride waiting for you at
your doorstep. But have you ever wondered about the
dynamics behind it? When was the first time you hopped on a
UBER or a Lyft or used any other such service? In most cases, it
would have been a message, an e-mail or a social media post
from a friend sharing their referral code/link, which made you
use the service.
UBER
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GrabTaxi
GrabTaxi is one of the fastest growing taxi platforms in
Southeast Asia. Though the company does not have a
passenger referral program, they have one for their drivers.
LYFT
Lyft was conceptualised to give meaning to community
ridesharing. This fine aspect coupled with referral marketing
has made it the biggest competitor to UBER today.
The concept of cab sharing apps has gained much significance
in the last 3 years. While few popular names are present in
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multiple cities across the globe, a few local players are also
gaining tractions from everyday commuters.
SIDE CAR
One of the newest services, Sidecar seems to be a popular pick
amongst users. Much like Lyft, SideCar also follows community
ridesharing. Since the focus is on community building (through
drivers), they have a unique referral program meant for friends
that refer new drivers.
Source: Taru Bhargava(2015,May) How The Cab Industry Is
Making the Best Of Referral Marketing! (web log post).Retrieved
July 8,2015.from http://www.appvirality.com/blog/cab-industryreferral-marketing/
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Mega Cabs and Fast Track Taxi came into existence in 2001
itself, with small fleets. However, the market started seeing
traction only from 2006 onwards when Meru, Easy Cabs (owned
by Carzonrent) and Savaari all came into existence almost in a
span of one year. There are several competitors now in the
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Strategy
The strategy is the plan of action, the policy, the program- it is
composed and based on elementary decisions and objectives.
After the market analysis the overall strategy for the OLACABcampaign is specified as:
1.
Create a new memorable and unique brand using a strong
corporate design
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2.
Communicate the brand (repetition) concentrated on the
professionalism of the company and the drivers (and ensure the
professionalism)
3.
Create and highlight the experience of going by taxi in
connection with the brand
4.
To whom Targeting
Taxi customers are the same. Every person in Tier 1 & 2 cities is
a potential customer and should be satisfied by the taxi-service
of OLACAB. The prior need of a customer is to get from point A
to point B. Every customer expects good service for a fair
charge It is as easy as it sounds. Therefore the target audience
of OLACAB can defined as follows:
Every Tier 1 & 2 cities resident, employee and visitor over 16,
female and male (who is interested in professional, valued and
safe transport services and wants to enjoy their ride with
OLACAB)
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Starting Up:
Olacabs started its operations in 2010 from Mumbai under
the name of ANI Technologies Pvt. Ltd.
TaxiForSure.com started its operation in 2011 from
Bangalore under the name of Serendipity Infolabs Pvt. Ltd.
Uber started its operations in India in 2013 starting from
Bangalore, but the parent company operates under Uber
Technologies Inc, incorporated in the state of Delaware, US
Funding
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Going Mobile:
OlaCabs launched its Mobile App on Android first, followed
by iOS in 2012 followed by Windows in 2014
TaxiForSure launches its Mobile App on Android & iOS in
2013 followed by Windows in 2014
Uber started its operations in India (2013) with Android
and iOS apps. Uber App on Windows platform is published
by Caro Apps
Other players
organized)
in
India
1. go cabs
2. KSTDC
3. cel cabs
4. A one airport taxi
5. mega
6. friends city taxi
7. Fast Track City Taxi
8. cool cab
9. bookmycab.com
10.
Apollo
11.
she cab (WOMEN)
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(Organized
and
non-
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
viira
aarya
easy
Priyadarshini taxi
Mumbai taxi
cabs4share
Mumbai Cab Services
Quick cabs
smaart cab
Komfy Cabs
Mango
Delhi Taxi Service
Just Cab
Star Cabs
A One Cab Service
City Car Hire
Ola cab
The Founder and C.E.O of Ola cab are Bhavish Aggarwal and
Ankit Bhatti. The vision of the company is to To expand in
every city in India and provide access to great transportation
across cities. Mumbai based Ola Cabs, 30k cabs on its platform
and with 1500 operators spanning across 20 cities. It is also
doing 20k Diwali deliveries in 20 cities where they are
present .here, they deliver sweets and dry fruits to the relatives
of the customers and money is paid through the Ola money
wallet but is just a marketing experiment done by them it is not
their business. Ola started itself by taking help from
yourstory.com. The marketing strategies used by Ola cabs are Free Rides
Coupons
Application
Social media marketing
Social media advertising
Customer centricity
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With Ola cabs you can hire luxury cars rentals in Bangalore like
BMW, Mercedes Benz, Audi A6 and other high end models
depending on specific needs. In an interview of Mr.Bhavish
Aggarwal with yourstory.com he said We are witnessing a 40%
month on month growth when it comes to bookings and attend
to over 10,000 customer calls per day. We have also witnessed
a 100% increase QoQ on our booking through the mobile app
since August 2012. While the app saw upward of 2 million visits
across Android and iOS, the web-booking platform had over 5
million visitors in the last year. Today close to 25% of our
bookings happen through the app. The average ticket size for
our city taxi is around INR 400.
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Tackling competition
The Indian cab industry is seeing more aggressive competition,
and the trend isnt going to change with both international and
existing Indian players getting into the picture. Given this
scenario, focus on user acquisition was bound to step up. Olas
move to launch a Referral program for its users wasnt any
special as others also followed the same suit.
Ola partnered with Appiterate to leverage maximum return out
of their marketing campaigns and gain more users on their
mobile app. They have been taking data driven decisions to
make the app experience visual look and feel to drive more
revenues. Its really good to see startups effectively using A/B
testing tools like Appiterate to improve their sales. One of the
variations through A/B testing led to an increase in 55%, which
translated to a 33% increase in user acquisition via the referral
route! Also Ola has partnered with MakeMyTrip to provide
integrated cab services to MakeMyTrip customers.
Fare
For Ola mini rs 100/- for first 4kms and after 6 km rs 15/per km extra
For ola Sedan rs 150/- for first 6 kms and after 8 km rs 18
per km extra
For prime rs 200/- for first 5 km and after rs 17/km
They also charge rs 2/- for a minute for waiting
These rates are of Mumbai city, for other cities rates may
slightly differ.
Payment
You can pay through credit, cash, debit card etc.
The app is really smooth and easy to use. You can book the cab
in seconds .the app doesnt hang also. The services are so
instant that within few minutes cab would arrive at your pick up
point. The app provides users instantaneous confirmation of
booking along with necessary details like the name of the cab,
driver and vehicle number, distance from the users location as
well as expected time taken to reach the location. The app also
tracks and shows the real time movement of the cab from its
location to the location of the customer, on a map. Olacabs can
also be booked through the Internet and customer service
centers over phone.
Uber
experiences-Consumer
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willing
to
pay
the
Fare
It is quite cheap just like Ola, in fact sometimes even cheaper
than Ola cabs
Uber x is cheaper than Auto Rickshaw.
Uber blacks base fare is rs 100/- that is rs 13/km,
minimum fare is rs 150/ Uber x s base fare is rs 70/- rs 10/km ,minimum fare is rs
100/So 30 km in just rs 300/- which is cheaper than a Taxi or
Auto Rickshaw.
Service
Well the service is classy and superb. The cabs are really
cleanest
Ola cabs are worn out however Uber is cool. Drivers are also
good and they keep the cab clean. They provide following cabs
Luxury car services(Uber black)
Cab rides(Uber taxi)
SUV (UberSuv)
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Payment
It could be a problem for those who prefer cash or credit/debit
cards. Uber India said credit card will remain its only mode of
payment for the service and maintains that it is operating
under the ambit of law. You can only pay through Pay Tm
because government does not allow certain foreign companies.
However once you learn to use Pay TM then it is easy. Uber, the
ride-hailing app, announced on November 13, 2014 that it has
tied up with Paytm, a digital payments service provider based
out of NCR .Users can link their Debit Card or Bank Account via
a Paytm wallet to the Uber account to pay for all rides. Users
will have the option to add money to, or top up the wallet using
multiple payment options.The app is really cool and it works
great just like Ola. It is simple with easy to learn interface.
Meru cabs
The Founder and Managing Director of Meru cabs are Mr.Neeraj
Gupta and Rajesh Puri is the C.E.O. the vision of the company is
To give urban commuters in India world class travelling
experience, by using a technology that has evolved in
developed countries over the past 20 years. The company has
presence all over India with over 6000 cabs. It is one of the
largest Indian Radio Taxi providers in the country. Meru cabs are
bit expensive if you are a normal working guy.
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They provide
Also some other advantage of Meru cabs are that they have
thoroughly trained chauffer's in a smart Meru uniform, fluent in
English and Hindi, Lost and found GPS based tracking
technology, Basic amenities like maps of cities, wet wipes,
clean bottled water and a limited selection of music, another
feature it has is a panic button installed in the Meru cab, which
enables the driver to connect to the Control Centre in case of
emergency or mishap
Meru has Tie up with Axis bank Credit/Debit card payment and
has won many Accolades.
Fare
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Booking
You can book the car on hourly basis. You can call the helpline
number of radio taxi and the nearest taxi would reach to your
home or pick up point. There is a booking charge also, if you do
through phone. But, if you do through Meru App and website
then no booking charges
Services
Service is good, taxi is air conditioned but again the cost is too
much
Payment
You can pay through cash to the driver. You can also use your
credit card on the meter. A printed or e receipt would be given
to you.
Easy Cabs
The only good thing is that Easy Cabs are readily available but
the fare is too high. They are owned by Carzonrent. They have
Well trained chauffeurs, Young, well-maintained car fleet &
Amenities for comfort. They are India's largest car hire/rental
company, In car GPS devices for extra safety is there and they
have transparent pricing structure.
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Fare
For first 3 km it is rs 69/- and for night time it is rs 87/-(for
Delhi)
After 3 km it is rs 23/km and rs 28.75/km for night time. For
waiting charge you around rs 30 per hour. Waiting charge is
really low.
Service
Taxis are good and drivers are also professional .they know
their directions and the cab is safe for women also
Booking
You can call to their number and book a cab. You can also
download their app and book. Website is also an option. They
are available across major cities.
Payment
You can pay through credit or debit card. However cash
payment is allowed when your approximate advance amount is
less than Rs 10,000/-
Fare
For point to point, hatchback and sedan rs 99/- for first 6 km
and rs 15/km after 6km, SUV rs 200/km for first 6km. The fares
are cheaper than Meru and Easy cabs but costlier than Ola and
Uber.
Booking
You can book a cab in your city either calling on the helpline
number, online or use app.
Payment
You can pay through credit or debit card and get the receipt.
You could also pay through cash to the driver.
Savaari.com
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Fare
Savaari offers you pretty flat rates within the city limits. Savaari
also offers trips between 2 cities. You can travel for unlimited
kilometre in the city once you have booked the cab. In Mumbai
rate starts from Rs 1450/-.You can book a cab for few hours and
travel unlimited.
Service
Cars are clean and well maintained cars and hire only
courteous and experienced chauffeurs who are well versed with
regional routes, drivers are good and they come on time. The
service is good if you want to travel for long hours within a city.
There are no toll charges like Meru Cab and waiting charges like
Easy Cabs. They provide following services
Booking
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Payment
The driver creates an electronic receipt and payment is done
electronically.
Mega Cabs
It is a radio taxi like Meru Cabs and they are bit expensive.
They are known for their Reliability, 24 X 7 customer service,
GPS Enabled Cars, Well Trained Courteous Chauffeurs,
transparent Pricing, always on time, value for money, Awarded
as the Service outlet of the year in 2013
Fare
Fare charges differ from city to city. In Delhi it is about Rs 23
km. For night about Rs 23 per km. for night charges are 25%
extra.
Service
Cabs are good but they charge you 30/- for waiting. And the
cab is not that safe for women. Convenience, Clean and
Comfortable Cars
Booking
You can book the cab by calling on their helpline number or
downloading their mobile app. You can also visit the website.
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Payment
Multiple Payment Options Quick and Easy. You can pay
through credit card or cash.
Tab cab
Tab cab service is good for corporate or bulk bookings not for
individuals. Tab cabs are only present in Mumbai and its a part
of the radio taxi services. We get comfortable travelling
experience only in Mumbai. Tab Cab has set up a dedicated
contact centre team catering exclusively to airport bookings.
Fare
For first km rs 27 and after that rs 20. For night it is rs 33.75.
The waiting charges is just rip off and it is around rs 2 for one
minute.
Service
Service is mediocre.
Booking
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You can book the cab online or calling on their helpline number
or downloading their mobile app.
Payment
The only payment option is through cash. No credit or debit
card. Moreover, you also have to pay 5% service tax.
Fare
Rs 20/km for day and Rs 30/km for night. Waiting charges are
Rs 1 per min for day and night both. Moreover, you also have to
pay 5% service tax.
Booking
You can book online or calling to their helpline number.
However there is no mobile app.
Payment
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Services
They use advanced GPRS technology in their cabs so that these
can easily be monitored by their call center. On receiving a call
for a pick-up/drop, the reservation center uses GPRS to direct
the nearest available cab to the client. Cost is calculated on
kilometre basis, from pick-up to drop.
Advantages
You get radio cab service that is Prompt, Courteous,
Dependable.
Modern, Brand New, Air Conditioned Cabs, Wagon R LPG
Cabs
Eco friendly fleet - clean green fuel - resulting in a cleaner
environment and less pollution.
Smart Drivers
Ability to call for a taxi at the desired place of pick-up
(residence, office etc.)
Emergency security features installed in the car for
complete passenger safety, backed by their Patrol Vans.
Cel Cabs
Cel Cabs is formed by a Group of Mind Blowing Entrepreneurs
from various backgrounds extremely "Passionate" about
delivering their "Promoter's Vision" & helping people at large in
India. CelCabs is Indias first Taxi Company to achieve
Certification from Meteorology Dept., Weights & Measures Govt
of India for their Billing System fitted in their Cabs. Good for
bulk and corporate bookings
Fare
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Booking
Online or through phone and no apps are available.
Payment
Through cash only.
Affliators like Savaari and aggregators like Ola, TFS are present
in most number of cities; owned cab players have been unable
to scale up as rapidly
Below is the image of cabs services presence across cities of
taxi players
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Olacabs has the largest fleet size amongst all players; Meru has
started leveraging the aggregator model as well to grow its
fleet rapidly.
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Chapter 2
2.1 About the company
Rayer services
It is a company based in Goregaon, Mumbai. It is an advertising
agency. Mr Gaurav Tripathi is its business development head.
Rayer Services is one of Indias most leading services provider
agencies specialized in a 360 degree solution for all
advertisings needs. They have exclusive tie ups with promoters
and owners across all over in India, by which they get special
rates and provide best service to their clients. They work on
established systems and processes which ensure a seamless
flow of work from beginning to end. They break barriers when
they need to. And go that extra mile.
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Place
The company is present in Bombay. The clients contacts the
company and accordingly meeting are set at the office of the
company or wherever clients call them.
Price
The price differs depending upon the need of the clients and
the services which they require. Due to good network of the
company, the clients get special prices for their services.
Promotion
Advertising on Sulekha.com, Olx, Quicker, Indianmart.com,
askme.com, they also have a Facebook page as well as a
LinkedIn page.
Chapter 3
3.1 Task Assigned
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Action:
I visited the companys website for knowing its vision,
mission, objective, clients etc. Also I had a talk with
Mr.Abhiram business partner of Mr. Gaurav he told me
regarding the clients and working of the company.
Learning derived
I learnt that what an advertising agency is and also how
does it work, Also I came to know about various
advertising agency present in India that are competitors of
Rayer services.
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companies
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through
5. Leo Burnett
Arvind Sharma-chairman
6. Mudra Communication
Madhukar Kamath-C.E.O
7. Grey Worldwide
Ashutosh Khanna-C.E.O
8. FCB Ulka
NG alai-Executive director
9. Contract Advertising
Jagdip Bakshi,Chief executive offices
10. Rediffusion DYR
Preet Ksbedi-President
11. Rk Swamy BBDO
Shekar Swamy-President
12. Saathi and saathi
V shantakumar-MD and C.E.O
13. IB and W communications
Mukesh Gupta-MD and Chairman
14. Euro RSCG
Suman Srivastava-President
15. Bates enterprise
Sunhash Kamath-C.E.O
16. Ambience Publicis
Nakul Chopra-M.D
17. SSC and B Lintas
Ashish Bhasin-President.
18. Everest Brand Solutions
Anirudhha Banerjee-COO
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Action
I visited Hypercity mall (Thane ,Godhbunder rd) and R
mall(Thane)
I observed people behavious by roaming in the mall, by
visitng various shops like the Max, mega mart, vegetable
and foodgrain section, the apparel section, foodcourt etc.
I observed various schemes and discounts laid out ,no. of
shops present and the layout of the mall
Learning
I learnt a little about the discount schemes and various
brands present in the mall
There were big big banners, posters kept so as to attract
the people regarding the ongoing end of season sales,
schemes , discount offers etc.
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8.
Objective:
To promote the company at various sites as mention
above
To do lead generation through database
Action
I created my account Sulekha.com, Indianmart.com,
askme.com, Olx and quicker.
I posted and ad of my company
for lead generation I was given a database so I called upon
around 200 people and made them aware about my
company.
Learning
i learnt to do lead generation
how promotion is done on all such websites and also how
and ad is posted, because before this I never used all such
sites.
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