“KargoLogic- Cargo Booking Services”
KargoLogic is an Australian start-up company entering in the ever-thriving Cargo Logistics segment. It facilitates planned and on-the-go cargo booking services with an innovative concept.
Users can book the desired logistics based on the weight and size of the cargo. Moreover, the Cargo booking has completed in just 3-steps. While the on-the-go feature is super handy. KargoLogic also gives the option to plan the booking in advance. KargoLogic has also given special focus in making the information readily available to the users. Hence, managing multiple orders and the invoices has never been easier.
KargoLogic is a multi-vendor platform. In this segment of the business, the life of Vendors has been excruciatingly tough. Majorly because managing multiple trucks and drivers while tracking the successful delivery of the order. Without any technological interference is extremely time-consuming. In light of the same, KargoLogic takes special care in organizing the data and capturing the minute details of delivery. Moreover, this data has then analyzed a set of graphs and filters to optimize saving. Furthermore, Vendors need to no more worry about the best cheapest route as the Route Optimizing Algorithm automatically suggests the best van for pickup for each order.
The project had a huge scope right from:
- Vendor Management,
- Client Management,
- Order Management,
- Delivery Management,
- Trip Management,
- Route Optimization,
- Re-order Automation,
- Shipper Applications,
- Order Tracking,
- GPS Navigation,
- Notifications and alerts,
Hidden Technical Challenges:
The flow had left incomplete. A real-time use case of different users can have multiple “escape points” which needs to be identified and connected.
Any application trying to get the offline business to an online system needs to be very carefully crafted. Majorly because it is a human tendency to try to find a workaround having said that, it is pretty common for the new Entrepreneurs to miss such openings majorly for 2 reasons. One because of the genuine intentions and another because of the limited technical knowledge. Nonetheless, such openings are crucial and have the potential to cause significant damage at later stages of the application.
These open ends can be even more critical in the industries dealing with lower income professionals. Also, The incomplete flow or the possibility of manipulation could result in the chuck of the extra amount being billed to the end-user without any possibility of tracking back to the culprit.
To understand such openings imagine, the driver is near the pickup point but delays the pickup by taking a stoppable. Or what if, the driver adds extra additional charges in the transport. Or what if, the excuse of lower internet connectivity has used to procure some extra cost. There are a thousand of them. Moreover, these excuses may not be too big in the vendor’s perspective but a huge issue for the client who is looking for a flawless and straightforward approach to logistics. However, losing a single customer could be a huge loss in the initial stages of the startup. As one happy customer is your ticket to his complete network.
The target audience here is corporate, single truck owners and the multi-truck owners. Nonetheless, the real need for the platform is to have the corporates who can post new requirement and generate business on the platform. Since it is a day to day requirement there should be a good initial motive as with may/may not be future incentives. Because once the complete process is set on the portal and the information is well managed it is tougher for the clients to switch to a new portal. However, it is also important that the incentive should be automated so that the user is not distracted and can easily focus on real work.
The corporate user would be attracted when there are cost savings and the repeat order would be possible. Furthermore, If there are incentives for each Cargo booking or the process is automated. Leveraging the knowledge we had generated. Also, we felt a very good opportunity to showcase a new user on how much are current users were saving on their orders. While we also gave incentive to existing customers like cash back, free coupons, free subscription to paid features, etc. based on the targets of Cargo booking.
Colors: Vibrant, Corporate feel, Mid Duration usage
Most used apps for user experience: Sydneysiders, Deputy, Uber, Slack
Color: Smoothing, Long Duration Usage, Casual Feel
Most used Apps for user experience: Indeed, Uber Driver, Zoosk
Technical Competitive Analysis:
For KargoLogic, we selected 3 Australian competitors and 3 international competitors to find the most successful features, sales strategy, and revenue, models. We got some valuable output after the analysis.
1. Some of the most successful features in international products are not using by the local competitors.
2. The complete segment had divided into 3 verticals :
(i)On-Demand Instant Booking,
(ii)Logistics for future bookings,
(iii)And Offline Market.
3. There were 3 possible revenue models contrary to the simple market research stats: Feature-based Subscription, Per Booking Commission, and Monthly Subscription.
4. Existence of the necessity of the offline features.
These points are major game changers and potentially disruptive to the complete initial thought process.
KargoLogic now has 100+ vendors on-board and is looking to launch in March 2018. Hence, KargoLogic has successfully tied-up with some of the biggest players in the market. Moreover, Kargologic’s innovative features and services have applauded internationally. The research and out-of-box thinking arising from personal experiences of the founders have laid the initial base for the start-ups. The level of credibility could also be estimated by the fact that KargoLogic has successfully partnered with some of the global brands. As clients who are ready to shift their Australia based process to the portal for automation.
As of this day, KargoLogic has already short-listed in MyBigIdea.org.au. One of the biggest startup recognition portals in Australia. This has made them very well known in the startup ecosystem of Australia. Of course, the journey has just started and it is too early to assume or claim anything. Nonetheless, the future looks bright with the initial head-start. We plan to make this as yet another success story in our journey to improve the startup success rate across the globe. Wishing them all the luck for the future.