72 Networks is a new age solution for all consumer demands of rural India. It is the best cross selling partners for your business. It has 46 dedicated warehouses in 14 Indian states to ensure last mile delivery of products in 72 hours. Its state of the art technological infrastructure ensures end to end support for its MFI partners, OEM partners and their end customers.
72 Networks ; a new age PAN India distribution enterprise, is digging deep into the cross-selling market of the OEM’s as they are helping them to reach out to an alternate channel of almost 15 Crore consumers.
On a monthly level, a reputed OEM typically does about 75,000 mobile phones, about 40,000 televisions and refrigerators a month.
From April to date the total rural deliveries concluded by 72 Networks is about 1,40,000 units including 70,000 Samsung mobile phones and 35,000 Samsung refrigerators.
These MFIs offer a member base of over 15 crores as an untapped market for these OEMs.
Sharing his views on the same, Srinivas L , CEO & Co-Founder of 72 Networks said, “This year has been very eventful and successful for 72 Networks in terms of adaptation of new technological advancements and an increase in the overall volume of individual deliveries.
We have achieved many milestones this year so far, incorporating AI and ML as the backbone of our delivery infrastructure to create a robust distribution system that the last mile delivery system can leverage in Rural Pockets, being one of them.
The Uberization of the economy, and indeed logistics market at large, was driven largely by the success of Uber.
Its model is one everyone wants to replicate, and for good reason; the company is expanding itself well fast in the taxi industry, and has launched its “Uber Freight”, reinventing the logistics of the transportation industry by eliminating the middle man broker.This launch into the logistics industry isn’t new; indeed, logistic based apps have seen great profit in China, for example, where the company Huochebang (“Truck Gangs”) raised around $115 million after a financing round valued the startup at $1 billion.
The market giant Amazon is also setting its sights on the 800-billion-dollar logistics industry.Thus, we can draw the conclusion that mobile apps targeted at the logistics industry represent a niche in the market.
A mobile app for logistics has the potential to make the industry more efficient by matching consumer demand for packaging services directly with source, and further cuts out the middle man “third party broker” who can charge up to a 30% commission for their services.This optimizes the associated cost and time taken to deliver and receive packages.
And why shouldn’t Uber’s on demand model be replicated for logistics?
Drivers, truckers, and carriers move up to 80% of the total freight in the US, with the logistics industry’s gross revenue exceeding $700 billion, and yet, local industries are hindered by the inefficient business model whereby the repositioning of empty containers costs nearly the same as moving a full one.Thus, a transportation app styled after Uber’s supply meet demand model eliminates the need for a middle man between shippers and truckers, and further establishes a direct line between truckers and those who need their services.Take Transmission, for example.
As we are coming to a close, there are a few points to keep in mind before rolling out your transportation and logistics business.
Firstly, you must know whether you will have a strong audience base or not.
So, are you up for upgrading your logistics and transportation business?
Then, without further ado, reach out to the app development company.
SAR is the Leading Logistics Companies in Ahmedabad provides the best logistics services.
SAR has all the modes of transportation like Air Freight Services, Ocean Freight Services and Road Transportation.