Skip to main content

Franchising Expert Consultant on Deltic E-Rickshaw (Toto Dealership) and E-scooter Dealership



We interviewed a senior consultant and an expert in franchising industry from one of the premium consulting firms who has helped more than 1000 people with a franchise setup in his 10 years of career and has been advising his clients to get a Deltic dealership as well. Sharing excerpt from his talk:

According to BCG Matrix, there is something called Cash Cow and Star refer below:

How to Focus on the Stars with a Clever BCG Matrix - Strategic Management Insight

Now, without repeating what is already presented in the article we can clearly figure that e-vehicles is a segment that has a growing market and if a good chunk of market share can be held then it is an ideal case i.e. a star as per the BCG Matrix.

Well, being a consultant who has led more than 15 projects especially around this question for people entering the business or trying newer things - I always suggest something safe and easy to the first lot who is planning to start off the first time!

And questions like above are asked by the ones who are trying to figure out what to do, a typical passionate entrepreneur with an idea would have more focused queries. There is nothing wrong in being vague but obviously one needs to clearly understand that:

Safe 

Easy 

RoI etc.

should be the terms defining the nature of business you are eyeing for.

I will advise you to go for the e-vehicles segment,

Despite a lot of players hitting the market with a good dealership network already there - the industry is so new that there is enough of the pie left.

Also, most of these entrants will be out as the market matures as many of them are experimentalists while most of them are a part of the ‘unsaturated-group’ which will be gone.

So all of the proper dealerships in this segment are doing fine and how would someone define ‘proper’?

Approaching, Pragmatic, Honest, Relation Management, etc.

Sounds like any ‘good boy/girl’ businessperson? Yes, this simple. With no cruel and very intelligent competition, this is it!

With an investment of 10–15 lacs, Including your 8–10 inventories and marketing support which is like ‘zero-brand fees’, you can get a dealership of e-rickshaws and e-scooters. There are a good number of brands in the market but I have been personally advising you to go for Delta Autocorp - Deltic the best Electric vehicle Franchise, that is a very economic budget to start off your own business with the support of a national brand in the e-vehicles or battery-operated vehicles segment. You can own your business while investing below 15 lakh and start making a profit soon enough!

Few of my clients went with the brand and could break-even within the first year.

This brand is already becoming the market leader in the e-rickshaw or toto segment by 2020 while having competition from both the unorganized segment and players like Mahindra e-vehicles segment.

How?

Deltic's state of the art technology and the biggest on-ground network. A lean team working with various tie-ups and partnerships which has made the current reality possible. Being a young entrepreneur myself, I got truly amazed by the approach this company has been taking.

Industry seniors have huge expectations from this brand as they are believing that the ‘engine based vehicles’ segment is truly different from electric and Deltic is on the right path to make a distinct name in the industry, not only against the ‘startups’ but even the ‘big brothers’. Looking at their e-scooter launch and incoming inventories, I have a very positive inclination towards them.

Comments

  1. Effluent Treatment Plant Manufacturer Find the best effluent treatment plant manufacturer to purify the industrial waste for reuse or discharge.contact us for effluent treatment plant manufacturer.

    ReplyDelete
  2. sewage water treatment plant in india Looking for the Best Mineral water plant company in India to get a mineral water plant in India. get instant details, mineral water plant manufacturer in India.

    ReplyDelete
  3. Best Website Designing Company in Delhi B2B Infosoft has experienced website designing company in Delhi NCR India, We are providing excellent website designing & development services in India.

    ReplyDelete
  4. This is the lovable post. Thanks for sharing and waiting for another post to read more...
    Business Consulting in India

    ReplyDelete
  5. Thanks for this wonderful information. EcorecoScooter is an electric scooter manufacturing company. We manufacture powerful lightweight electric scooters.

    Powerful electric scooter

    Foldable electric scooter

    ReplyDelete
  6. we "Gkon Electric Motor Vehicles Pvt. Ltd." are a renowned manufacturer of a qualitative assortment of Electric Battery Rickshaw, Battery Operated Loader

    ReplyDelete
  7. Fujiyama is the best-in-class EV scooter manufacturer in India. They are known for their exceptional features and designs. Click to know more about us

    ReplyDelete
  8. E-Rickshaw is a trending product in vehicles industries and if you are looking Top E-Rickshaw and E-Scooter Manufacturers in India. So this is right place for you. Contact us for more details regarding E-Rickshaw and E-Scooter Manufacturers. Now -- +91-9953081270 /+91-9138363638

    ReplyDelete

Post a Comment

Popular posts from this blog

The Journey of Deltic’s CEO - Ankit Agarwal

Ankit Agarwal is a young, dynamic and pragmatic green-energy entrepreneur who has reflected perseverance, inventive attitude and erected self-sustained businesses across his career. As many industry experts say, it is the personality of Mr. Agarwal which inspires togetherness, belief and focus and hence a young company like Deltic could gain high market share in the segment of electric vehicles. Young Days Since a young boy, Ankit Agarwal has been fascinated by technical advancements and the sustainable solutions they bring with them, for problems that have been bothering the ecosystem for long. Hence, despite his interest in pure science, he opted for engineering for higher studies. Joining R.V.C.E in Bangalore in 2002 was quite an exposure, both because of the great environment inside the college, and the city that Bangalore is - Silicon Valley of India. While studying his engineering, Ankit did not stay confined by the immediate curriculum, only. He remained on a const

Why become a Deltic e-vehicles dealer and not invest in big electric vehicles brands?

Why associate with Deltic at an early stage when you have an option to invest in more known brands as a seasoned businessperson is a question many of our current dealers had shared with us! Well, it is a question which will trouble the established investors who have the surplus to own a brand name as an e-vehicle (electric vehicle) dealer which has already established its firm name in the automobile industry (petrol/diesel) and now has entered the e-vehicles segment while assuming some kind of pre-existing monopoly. Let us try to analyze - i) The Investment: ● The more experienced a businessman you are the more you will be concerned about the useless expenses when trying to set up a new business ● The biggest problem in a decision to go for an established name is the extravagant expense that comes to you in the name of the brand fees ● And what are you paying for really? In an established market segment, it makes sense to indulge in such investments

How electric vehicles industry is coming out of Covid-19 or Coronavirus crisis?

Electric vehicles companies will be coming out of the COVID-19 or Coronavirus pandemic the fastest because of the simple demand and supply logic. Transportation has become one of the necessities like food, shelter, and clothing for humans, without transportation life is unimaginable, with the incoming slowdown in public transportation the necessity for commercial or personal vehicles would be at a high and electric or battery-operated vehicles will see good days soon after the lockdown. Electric scooters have already found a warm place in the heart of Indian families because of its advanced features and economic nature. Even the e-rickshaw (toto) product line will be moving out as the lockdown gets lifted because of the significant support electric vehicles segment is receiving from the government with subsidiaries and loans. E-rickshaw is promoting the entrepreneurial culture in the interiors of India by letting the unemployed youth support themselves and their families. And