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Remote Assist India
    Help! Anywhere, Anytime




                              Gaurav Tuli
                              PGD-P/OCT11/08
2




Table of Contents
 BMW Assist : Video
 Product Concept and Industry Introduction
 Product Choice
 New Product Development
 Evaluation
3




BMW Assist : Video
4




Product Concept and Industry
Introduction
 Remote Assist is an attempt to improve the overall
  experience of RSA in India. Features proposed are:

Quicker Response Times in Case of Emergency
Improved Vehicle Tracking Efficiency
Effective Driver Guidance via Maps
Detecting Urgency Levels in Case of Accident
Remote Unlock of Vehicle
Increased Assistance for Insurance Claim Process
Instant and Wider Reach to Consumer
5




All This Would be Possible via
 Satellite GPS System
 Antenna System
 Crash Sensors in Vehicle
 Integrated Audio System
 24/7, 365 Fully Functional Toll Free Number
RAI C
 Dedicated CAS Team
 Tie-up with a major RSA Company
 Insurance Companies
6
7




Product Choice Justification
 Service In India Absent
 High Level of Motor Accidents on Highways
 Vehicle Theft
 Encouraging Adventure Enthusiasts
 Frequency of Vehicle Malfunctions
 Inefficient and Poorly managed RSA organizations
 Limited Geographical Reach to Consumer
 Highly Unsatisfactory Employment Conditions
 Untapped Infrastructure Potential
 High Level of Automobile Expertise Readily Available
8
9




The “Diversification Strategy” has been adopted
because:-

 India is A Completely Untapped Market in Terms of
  Roadside Assistance
 Therefore, “Remote Assist” is a Completely New
  Product
 There Exists Scope to Expand and Adapt as Per
  Market Dynamics
 First Mover Advantage Possible and a Unique
  Positioning too
 Seize Opportunity to Bring Technological Advancement
  Into India
 Creation of a New Market Possible.
10



New Product Development
11



Idea Generation                  Idea Screening
 Assistance if vehicular         FC to be incurred in terms of
  accidents occur                  Infrastructure, IT and HR
 Assistance in terms of theft    VC to be incurred in terms of
                                   frequency of requirements
  of vehicle, breakdown, lock-
  in and medical                  Potential sales will be
                                   forecasted to break-even in
  emergencies                      the 1st year itself
 Location to be pin pointed      Majority of sales initially
  via using Unique VTN             would be pulled from
 Assistance to be provided        Premium and Luxury
                                   Segments. For trucks it
  via SDI                          would be all trucks above the
 Detection of level of            range of 8-wheeler
  urgency of problem              Profits would commence
                                   after completion of the 1st
 Dispatch of RSA Team to          financial year
  the location of occurrence      As the service is to be
 Solution to be provided on-      standardized with time,
  the-spot(IA)                     profits will go up. Profits will
                                   go up
12



Feature Specification               Development
 Sensors in vehicle to detect       Service Delivery by Mondial
  urgency levels                      Assistance
 Button inside car cabin to link    Satellite System
  to RAI                             Hiring for CAS(30 in number)
 GPS System via Satellite to
                                     Acquiring SLE’s
  detect vehicle location
                                     Co-ordination with
 Theft Recovery
                                      Government and Police
 Lock-in Recovery
                                     Tie-up’s with Hospitals
 Breakdown Assistance
                                     Tie-up with Insurance Co’s
 On-the-Spot repair (if
  applicable)                        Product and Service Training
 Remote Engine Ignition             Pricing at INR 40k/ Annum
 Accident Emergency Services        No fine print
 24/7, 365 days a year              Applicable to both new and
  assistance                          pre-owned vehicles
 Skimming Pricing                   Yearly renewal plans
13



Testing                         Commercial Launch
 Invite select prospects        Commercial Launch will
 Offer the service for 3         take place in the first
  month period on trial-basis     quarter of FY 2013
                                 Print, Outdoor , Online
 Educate the prospects
                                  Advertising and Social
 Sign confidentiality clause     Media
 Collect test results           Launch Programme in
 Analyze results                 Mumbai
 Correct and Implement          Invitees will be HNI’s,
  Feedback of service in          Automakers and
  service delivery before         Government Officials
  commercial launch              Product will be incepted
                                  into target segment vehicle
                                  offer plans
14




Evaluation
 Evaluation will take place post FY 13
 Annual Result, Six-month result and Quarterly Results will be
  compiled
 These details will be compiled using the annual, six monthly
  and quarterly data on sales from dealerships,feedback,
  running costs from Mondial and Insurance company costs
 Plans will be compared with results achieved
 Deviations will be corrected to maximum level on basis of
  customer value and business goals
15

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Remote assist india

  • 1. Remote Assist India Help! Anywhere, Anytime Gaurav Tuli PGD-P/OCT11/08
  • 2. 2 Table of Contents  BMW Assist : Video  Product Concept and Industry Introduction  Product Choice  New Product Development  Evaluation
  • 4. 4 Product Concept and Industry Introduction  Remote Assist is an attempt to improve the overall experience of RSA in India. Features proposed are: Quicker Response Times in Case of Emergency Improved Vehicle Tracking Efficiency Effective Driver Guidance via Maps Detecting Urgency Levels in Case of Accident Remote Unlock of Vehicle Increased Assistance for Insurance Claim Process Instant and Wider Reach to Consumer
  • 5. 5 All This Would be Possible via  Satellite GPS System  Antenna System  Crash Sensors in Vehicle  Integrated Audio System  24/7, 365 Fully Functional Toll Free Number RAI C  Dedicated CAS Team  Tie-up with a major RSA Company  Insurance Companies
  • 6. 6
  • 7. 7 Product Choice Justification  Service In India Absent  High Level of Motor Accidents on Highways  Vehicle Theft  Encouraging Adventure Enthusiasts  Frequency of Vehicle Malfunctions  Inefficient and Poorly managed RSA organizations  Limited Geographical Reach to Consumer  Highly Unsatisfactory Employment Conditions  Untapped Infrastructure Potential  High Level of Automobile Expertise Readily Available
  • 8. 8
  • 9. 9 The “Diversification Strategy” has been adopted because:-  India is A Completely Untapped Market in Terms of Roadside Assistance  Therefore, “Remote Assist” is a Completely New Product  There Exists Scope to Expand and Adapt as Per Market Dynamics  First Mover Advantage Possible and a Unique Positioning too  Seize Opportunity to Bring Technological Advancement Into India  Creation of a New Market Possible.
  • 11. 11 Idea Generation Idea Screening  Assistance if vehicular  FC to be incurred in terms of accidents occur Infrastructure, IT and HR  Assistance in terms of theft  VC to be incurred in terms of frequency of requirements of vehicle, breakdown, lock- in and medical  Potential sales will be forecasted to break-even in emergencies the 1st year itself  Location to be pin pointed  Majority of sales initially via using Unique VTN would be pulled from  Assistance to be provided Premium and Luxury Segments. For trucks it via SDI would be all trucks above the  Detection of level of range of 8-wheeler urgency of problem  Profits would commence after completion of the 1st  Dispatch of RSA Team to financial year the location of occurrence  As the service is to be  Solution to be provided on- standardized with time, the-spot(IA) profits will go up. Profits will go up
  • 12. 12 Feature Specification Development  Sensors in vehicle to detect  Service Delivery by Mondial urgency levels Assistance  Button inside car cabin to link  Satellite System to RAI  Hiring for CAS(30 in number)  GPS System via Satellite to  Acquiring SLE’s detect vehicle location  Co-ordination with  Theft Recovery Government and Police  Lock-in Recovery  Tie-up’s with Hospitals  Breakdown Assistance  Tie-up with Insurance Co’s  On-the-Spot repair (if applicable)  Product and Service Training  Remote Engine Ignition  Pricing at INR 40k/ Annum  Accident Emergency Services  No fine print  24/7, 365 days a year  Applicable to both new and assistance pre-owned vehicles  Skimming Pricing  Yearly renewal plans
  • 13. 13 Testing Commercial Launch  Invite select prospects  Commercial Launch will  Offer the service for 3 take place in the first month period on trial-basis quarter of FY 2013  Print, Outdoor , Online  Educate the prospects Advertising and Social  Sign confidentiality clause Media  Collect test results  Launch Programme in  Analyze results Mumbai  Correct and Implement  Invitees will be HNI’s, Feedback of service in Automakers and service delivery before Government Officials commercial launch  Product will be incepted into target segment vehicle offer plans
  • 14. 14 Evaluation  Evaluation will take place post FY 13  Annual Result, Six-month result and Quarterly Results will be compiled  These details will be compiled using the annual, six monthly and quarterly data on sales from dealerships,feedback, running costs from Mondial and Insurance company costs  Plans will be compared with results achieved  Deviations will be corrected to maximum level on basis of customer value and business goals
  • 15. 15