Study of Home Services Platform-Urban Company
Study of Home Services Platform-Urban Company
Study of Home Services Platform-Urban Company
Initially,
● Customers were getting - High quality of service | Transparent pricing | On-time, every time
● Service providers getting - on time payment | Regular opportunities | Reasonable compensation | work flexibility | Upskilling
● Service provided : low ticket: beauty, repairs, plumbing etc , high ticket : connect customers to interested professionals
● The product market fit seems to be good, but the issues started to arise
● Offered 120+ services, hard time supervising the standard of service, ratings were going down
Reformed:
Problems
High number of interactions for re-booking of service on platform
Higher checkout time
Solution
Reduce the number of interactions
Improve the original flow of checkout process to reduce checkout time
Older check out flow diagram
As all the services are at home there is a lot of emphasis on ensuring Quality service from the personnel
● Training the service professionals ● Using AI, automated facial recognition for
● Customer satisfaction identity verification of professionals
● Sanitization of tools and equipments in front of
● Hygiene and Cleanliness at home
customers
● User retention ● Data encryption and safety, secure payments
● Supply demand mapping ● Single use disposables & sachet products
● Customer Loyalty points & referrals
● Using historic data analysis to forecast number of
customers in the required area and manage the
supply demand gap
User Retention
● Invest in technology which ensures top notch customer and service provider management
● Service Providers need to be strictly trained on basic etiquette, this should be made
mandatory if they have to provide services to the customers
● A vendor rating system can be introduced which links to the commission deducted for the
service providers or incentivize them for better ratings
● Ensure fast customer redressal in case of errors or mishaps
● Loyalty points can be looked into for customer retention
Scaling up
Geographies :
Other ventures:
● Video consultations for beauty needs, remote diagnosis for appliance repairs
● Technology - Screening, on-boarding, training and knitting-out with minimal physical intervention
● A job search platform for blue-collar workers - Screened by UC’s technology but open to hired by others
● Training as a service - Training courses for other professionals online/offline
How to make more money?
- Since Urban Company provides initial kits to professionals in which they provide some own
manufactured appliances and products. They can start selling the same to consumers as well.
- Partnering with companies like paint companies or electrical appliances companies to provide
installation services (In Past UC partnered with Ikea India to provide installation services)
- They can foray into manufacturing and selling of basic electrical appliances (E.g. They started
selling water purifiers)
- Introducing newer categories with huge market potential like on-demand driver services,
catering services, cooks service etc.,
- Start focusing on B2B customers to crack larger contracts for the services provided
Thank You!