Jump to content

Investment/Business ideas ...5-10L .. min supervision...


Recommended Posts

Posted
2 minutes ago, shamsher_007 said:

baa, aa pilla puchakaya ekkada, ee madya kanapadatledu, foodtrucks candidate, book rasaaa ani cheppadu chudu. name striek avvatledu 

@NinduChandurudu he got yinapa rod all the way from the down noo

  • Replies 50
  • Created
  • Last Reply

Top Posters In This Topic

  • You_Know_Who

    14

  • shamsher_007

    7

  • idibezwada

    6

  • Hydrockers

    5

Popular Days

Top Posters In This Topic

Posted
49 minutes ago, ekunadam_enkanna said:

irani chai stall pettu oka business complex lo

+-

Posted
1 hour ago, idibezwada said:

nuvu oka 5-10 lakhs invest chesi min supervisiontho aipovali ante dobettukodaniki ready aipoinattega

ready ante..direct ga vongomu kada... just trials ani cheppa kada bro..

Posted

paper plates and disposable glasses comes under small scale industry. you can start with 15lk investment. 

Posted
1 minute ago, cellphone said:

paper plates and disposable glasses comes under small scale industry. you can start with 15lk investment. 

:giggle:biscuit businesss vayya 

Posted
1 minute ago, shamsher_007 said:

:giggle:biscuit businesss vayya 

vatiki brad kavali kada baa..  

Posted

market kuda kavali, india lo chaala mandi btech chesi jobs raaka naa frnds circle lo ne 3-4 units petti lose ayyaru. saraina market leka, villu kuda novice paapam, biscuit ayindi. 

Posted
16 minutes ago, You_Know_Who said:

ready ante..direct ga vongomu kada... just trials ani cheppa kada bro..

with min supervision nothings gonna wrk initially....once you make it sustainable you can do it...initialga ee bussiness aina doola tertadi

Posted
2 minutes ago, shamsher_007 said:

market kuda kavali, india lo chaala mandi btech chesi jobs raaka naa frnds circle lo ne 3-4 units petti lose ayyaru. saraina market leka, villu kuda novice paapam, biscuit ayindi. 

Sontam ga market chese capacity unte ne work avvudi 

Product chesi evadu ammi pedutada ani chuste products sale avvavu and profit peddaga migaladu

Posted

How abt buying a small car/Taxi for 5L and running it thru some Cab Service -- Needs minimal supervision 

Posted
1 minute ago, idibezwada said:

with min supervision nothings gonna wrk initially....once you make it sustainable you can do it...initialga ee bussiness aina doola tertadi

point noted your honor!!

Posted
1 minute ago, NextGen said:

How abt buying a small car/Taxi for 5L and running it thru some Cab Service -- Needs minimal supervision 

Won't work 

Posted
8 minutes ago, NextGen said:

How abt buying a small car/Taxi for 5L and running it thru some Cab Service -- Needs minimal supervision 

Hello Eveyone,

I am here to share my experience with ZAP Associate plan by Zoomcar. By the end of this article you may decide it yourself if it's a fair investment deal or dual faced trap.

I was a Zoomcar fan before going for this plan. I have been part of Zoomcar ZAP program since part 3 months & personally I am very much disappointed and regret to opt for this so called investment opportunity. There are many reasons of giving this strong statement, which I have shared below.

Before moving forward let me share few keywords and their meanings which is used in Zoomcar because i'll be using these terms further.

*Listing : When you make your car available to zoomcar for a time frame it's called Listing. for eg. 1 jan 9:00 till 10 Jan 9:00 am. For each listing you will get an listing ID like "xyz123" etc

*Booking : In every listing you will get multiple bookings. For e.g. you may get a booking (1 Jan 10:00 am - 2 Jan 12:00 am) and each booking has it unique booking ID like "bk9876"

*Discount: It is given to a customer while he is booking a car, if he is eligible.

*Revenue Earned : The calculation goes like =(Booking Fee - Discount).

Now, here are the key points to check which help you to decide to go for this plan or not.

1) 75%-25% profit ratio: They say that the ZAP associate will earn 75% of total revenue and Zoomcar will get only 25% of it. However there are few hidden costs that will reduce your earnings and eventually the ratio will be brought down to 40%-60% ratio. Let me explain this using an example. Suppose you get a booking for around 60 hours and total booking fees comes out to be 9000 rs.

According to 75% - 25% formula, you will think that you must get amount of rs 6750(75% of 9000). However the calculation will not go like this. Recall that they always say "Fuel will be yours", this is the catch. For this 60 hrs booking customer might get around 900 Free km's. And these Free KM will be from your pocket since you will be responsible for fuel charges. Assuming that your car mileage will be 18 km/ltr. For this 900 kms you have to shell out around 50 lts of diesel, which will cost you around 2900 rs. So the new calculation will goes like 2250(25% of 9000) they will keep and out of 6750(75% of 9000) they will deduct 2900 for fuel. Also they will deduct few more hidden charges(350) apart from this in the final statement like GPS device maintenance cost (900/month), VAT, other tax etc.

So eventually out of total 9000 rs, you will end up getting around 3500rs (6750-2900-350) only, which is 40%-60% ratio. Now you see I am getting 40% only.

2) Key booking details hidden : When you receive a sms/email about the allotment of new booking, they only share specific booking details like Booking Start/end time, Customer Name, booking Id. The other details like Free KM package(Lite/Classic/XL) chosen by customer, discount given etc will be shared at the end of your month in the statement. It will be very difficult for you to calculate your earnings of any particular booking if you dont know the package, discount etc details upfront. By the time they share these details, it's very late for you to validate the amount you got in monthly statement.

For eg : a customer might have booked your car for 60 hours, he has option to choose from packages (Lite/Classic/XL) which is calculated differently. So for 60 hours he might have paid approx 5000rs - Lite, 7300 - Classic & 11500 - XL. If you dont have these details when you received a booking then you won't be able to calculate the revenue by yourself. Even discount given to a customer for a booking is shared in the final monthly statement. In my first monthly statement they have shown huge discounts (around 1500) given to a customer in weekends, do you believe this? How many time have you got any discount of such an amount in weekends? There were many more discounts shown in statement.

3) Conflict of Interest: Few mid level management employees them self have invested in this plan, I have confirmed this through my internal resources. And these employees have the potential to control the booking allotments.

So there is no way to verify if you are getting a fair booking or if the bookings are prioritized according to their interest. For e.g. the bookings which you are suppose to get might be routed to their cars.

Although the bookings are done using their in-house software however they have the option to block the bookings for any car and you won't even aware if your car is blocked for booking for a particular period.

Also the allocation of bookings are done only from their head office so no matter which city you are in, the bookings will be given from head office only.

4) Car Damage: At present they don’t have any policy defined for repair of any major car damages. It's totally their decision that when to get it repaired. My car got a major dent(by a customer) and it's been like more than 60 days, when contacted the customer support they shy away from situation and told that “we appreciate your patience, we will look into the issue soon”. And still waiting for it to get repaired.

5) Lack of booking allocation: I am hardly getting enough bookings allocated to my car. For the first month I listed my car for around 15 days (all weekends) however I only got around 40% hours of bookings. I have got take home of around 5000/month (Fuel price-2500rs including) since past 3 months for the price of risking my car to an unknown person. So finally taking back around 2500rs as take home.

6) Priority of booking allocation: When selling this “attractive investment” package to you they will say that the priority of booking allotment will be given to your car, not to their own cars. However, in my past 90 days experience I felt that this is not the case, the priority is actually other way round. The cream bookings are taken by them, they circulate their cars very frequently and if they are lack of cars then they give bookings to us. There are many time that I haven’t got a single booking for couple of days.

7) Booze and Smoking in car : Although Zoomcar has a policy which says that booze and smoking is not allowed in car however they don't have any mechanism to track and stop customers doing so. Also even if you complain about it, they will fine the customer and the penalty will not be shared with you. So eventually they get benefited out of it.

😎 Cleanliness of car interior : The current Zoomcar policy says that the car has to be returned by customer as handed over i.e. neat and clean interior. However customer always mess up the car while returning and you can't do anything about it. Eventually you have to maintain it.

Although I have escalated these issues to a senior manager in their head quarter and what I realized is that he himself was not aware about these unethical practices going on in the organization and I trust him on this however the lower management seems to be the culprit. They keeps things hidden from the senior management as well as from ZAP associate, this helps them to twist the rules and manipulate the process according to their convenience.

I have few more instances to share however I feel these points will be sufficient enough for you guys to make this important decision. I know the offer itself is very lucrative but be careful while decision making.

Finally, I really want to give an open and honest feedback to the senior management of Zoomcar. If these kind of business tactics are under practice then this will really hamper Zoomcar brand very negatively in long run. Please give attention to my findings mentioned above, if these are overcome with a permanent solution then I bet no one can beat Zoomcar and it will be a best investment plan to be in.

Regards,

Zoom well wisher

Lots of people are asking me a common question on 1–1 chat, so I felt like making it public so that it will help anyone else have the same query. the common question is “What if Zoomcar is ready to pay a minimum Guarantee of some amount?” here is what I have to say,

“There are few details which I missed in my original review, that if you opt to give your car to zoomcar then it has to be converted to a black number plate i.e with national permit and it will cost you the transfer charges + bribe to the respective RTO, moreover the car will be under Zoomcar’s name (not yours). Apart from this, it is mandatory to get a full insurance of car, which is around 50,000 to 1,00,000 per year, depends on the car value. That means, around 1 lakh will be your regular yearly expenditure. So you have to get atleast 8000 rs of profit every month to cover this yearly expense. Now, you see the minimum guaranteed is irrelevant.”

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...