menu
techminis

A naukri.com initiative

google-web-stories
source image

Medium

1d

read

151

img
dot

Image Credit: Medium

How NoBroker Plans to Crack the ₹50,000 Cr Home Services Market — A PM’s Research Journey

  • NoBroker aims to tap into the ₹50,000 crore home services market by starting with high-frequency, low-risk services to build trust and operational capability.
  • The company leverages qualitative research and user interviews to shape its product strategy more effectively than traditional surveys.
  • Prioritizing trust and operational excellence over price, NoBroker focuses on transforming offline home services into a premium digital experience.
  • Their strategy involves phased revenue targets, with society-focused user base providing a competitive advantage over rivals like Urban Company.
  • NoBroker plans to start with essential, recurring services before expanding into premium offerings to capture a significant market share.
  • The key to success lies in flawless execution of their two-phase roadmap over the next 18 months.

Read Full Article

like

9 Likes

For uninterrupted reading, download the app