women entrepreneurs in india case study - shaifali agarwal (easyfix)
DESCRIPTION
In this episode Cliff interviews Shaifali Agarwal, CEO of EASYFix, who started her home maintenance company to bring structure into a sector where none existed. Watch the interview at womenentrepreneursinindia.comTRANSCRIPT
Shaifali Agarwal - CEO
EASYFix is India’s first, one-call repair and maintenance company,
converting the unorganized market into an organized industry
by improving the customer experience.
Losing Money
Losing Money
Short answers.
To make it large in life,
& provide employment
to the blue collared laborers
Positive AttitudeYour biggest strength ?
“
”
Why do you run this businessowning your own business ?
takes up most of your time ? What business activity
Biggest fear associated with ?Recruitment
Starting up.
Faced home-maintenance issues herself
She.Recognized the potential for professional handyman services
Guided by close entrepreneur friends
Had to face fear but did not spend too much time contemplating
Challenges.
Launched EASYFix with no prior business experience especially
about repairs and maintenance
Incredibly stressful early days but relied on supportive peer groups
Challenging to deal with the service technicians
Changing customer mindset to avail home-maintenance services from a company
Multi-pronged recruitment process
Verifying tech skills
Regular Behavioral skills training
Service Partners.
Benefits to the technicians are Regular source of incomeImproved skill set
Increased earning potential
Working towards recruiting women technicians
Business Model.
Business model B2C as well as B2B.entails
Prices are competitive with existing market rates but
additional value-adds provided
B2C B2B
Pay-per use model providing services to households
Services to product manufacturers
Enhancements
to recruitment process,
marketing strategy & IT infrastructure
Focus for 2013 is on B2B
Existing Operational model can
be replicated in other cities
Growth Plans.
1
2
3
Customer Happiness.
Started with Below the Line & Internet Marketing
For B2B, marketing model is different from B2C
Competition welcome but EASYFix is the market leader and continues to innovate
64% Customers are kept happy by delivering on what is promised
of business is from repeat customers
Work with the right team
Be prepared to change the business model
Top 3Tips.
1
2
3
Ensure financial sustainability