Fleeter serves as a pivotal solution in the construction and mining industry by offering a comprehensive B2B marketplace for heavy equipment rentals. Our platform plays a dual role, benefitting both equipment owners and businesses seeking rentals. For equipment owners, Fleeter provides an efficient avenue to showcase their inventory and connect with potential renters, thereby increasing the utilization rate of their assets. On the other hand, for businesses in need of equipment, Fleeter simplifies the procurement process by offering a wide range of options in one centralized platform. This streamlines the rental process, enabling businesses to quickly and easily find the equipment they require for their projects. Ultimately, Fleeter’s overarching goal is to optimize the utilization of heavy equipment assets while simultaneously facilitating seamless transactions and rental experiences for all stakeholders involved in the construction and mining sectors.
Fleeter aims to address the problems of both the equipment owners and as well as the enterprises renting the equipment. The platform aims to streamline the entire lifecycle of the renting, enhance the efficiency and provide a reliable/transparent experience for all the parties involved.
By leveraging Fleeter’s platform, both equipment owners and enterprises renting equipment enjoy these substantial benefits. This leads to improved productivity, reduced costs, and an overall enhanced user experience, making Fleeter an indispensable tool in the heavy equipment rental industry.
Target customers: Construction and mining enterprises, equipment owners
Needs: Streamlined equipment rental processes, efficient fleet management, reliable rental income
Product: Fleeter
Category: B2B heavy equipment rental marketplace
Value: Optimized Equipment Rental Solutions
Fleeter's Value proposition: For Construction and mining enterprises and equipment owners who seek streamlined equipment rental processes, efficient fleet management, and reliable rental income, Fleeter is a B2B heavy equipment rental marketplace that provides optimized equipment rental solutions, ensuring efficient fleet management, maximized rental revenues, and streamlined rental processes.
Criteria | ICP1 (Partners) | ICP2 (Enterprise Users) |
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Name | Small scale Equipment owners with less than 20 Heavy Equipments. | Enterprise level Construction and Mining Companies with Multiple active working Sites. |
Job Title | Owners, sales incharge | General Managers, Directors and head of operations |
Company Size | 11-50 | 100-1000 |
Location | 1. Outskirts of cities and towns(yards and offices) 2. Near Mining areas | 1. Tier 1 and tier 2 cities |
Role Priorities |
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Industry Domain | Construction/Mining | Construction/Mining |
Role in buying process | High | High |
Organization Structure | Not Applicable | Directors, Project Head, CEO |
Decision Maker | Owners | General Managers, Directors and head of operations |
Influencers | 1. Industry Experts 2. Local Associations 3. Peer Recommendations 4. Local Mechanics and Service Providers 5. Experienced Operators | 1. Industry Leaders and CEOs 2. Regulatory Bodies 3. Corporate Procurement Departments 4. Technology Integration Consultants 5. Business Networks and Industry Forums |
Decision Blocker | 1. Trust Issues 2. Technical Barriers 3. Cultural Resistance 4. Language Barriers 5. Lack of Transparency | 1. Procurement Policies 2. Scale of Implementation Concerns 3. Integration with Existing Systems 4. Cost Implications 5. Change Resistance |
Where do they spend time | Commute to Yard, client meeting, work sites and Association meetings | Commute to Office/Site locations, Meetings, G-meet/Zoom Calls, Networking Events |
Where do they spend their money on |
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Features they value most |
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Organisational Goals | Increase in Revenue and Lead Generation | Less effort in equipment procurement and access to high varieties of equipment. |
Technical sophistication | Very Low | High |
Preferred Outreach Channels | Face to Face, Phone, WhatsApp, Facebook and Youtube | Email, Face to Face, WhatsApp |
Conversion Time | 3 days | 1 day |
Motivation | consistent business, high fleet utilization | best possible rates and unhindered operations at job site |
Organization Influence | High | High |
Tools Utilized in workspace | Google Suite, WhatsApp | Google Suite, Zoom, Analytical tool, project management software |
Pain Points |
| 1. Equipment Downtime 2. Resource Allocation 3. Coordination Challenges 4.Safety and Compliance Risks |
Goals | 1. Financial Goals 2. Functional Goals | 1. Functional Goals 2. Financial Goals |
User Type | Casual | Core | Power |
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Usage Characteristics | Accept 1-2 rental orders per month/quarterly to test out the platform. | Rent out at least 60% of their equipment through Fleeter. | Fully depend on Fleeter Partners daily for business operations. |
Recency of use case | weekly | daily | daily |
Natural Frequency | 1-2 times quarterly | 1 - 2 times monthly | weekly or biweekly |
Monetary/AOV/Revenue Generated | Low engagement and minimal revenue contribution. | Moderate revenue contributors with regular use and occasional reliance on key features. | High revenue contributors who engage deeply with Fleeter’s features like Equipment Tracking and Health Monitoring. |
Pain Points |
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Valued Features |
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Core Value Proposition |
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JTBD of the persona | 1. Financial Goals | 1. Financial Goals | 1. Financial Goals 2. Functional Goals |
Level of Engagement | low | medium | high |
User Type | Casual | Core | Power |
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Usage Characteristics | Engage in 1-2 rentals per month to evaluate the service. | Renting about 60% of their equipment needs from Fleeter. | Fully committed to renting all equipment from Fleeter.app. |
Recency of use case | weekly | daily | daily |
Natural Frequency | 1-2 times quarterly | 1 - 2 times monthly | weekly or biweekly |
Monetary/AOV/Revenue Generated | Entities testing the platform or using it for minimal needs. | Consistent users with frequent but not fully reliant engagements. | Major revenue contributors using advanced features for large-scale operations. |
Pain Points | 1. Equipment Downtime 2. Resource Allocation |
2. Resource Allocation 3. Coordination Challenges | 1. Equipment Downtime 2. Resource Allocation 3. Coordination Challenges 4. Safety and Compliance Risks |
Valued Features |
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Core Value Proposition |
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JTBD of the persona | 1. Functional Goals | 1. Functional Goals | 1. Functional Goals 2. Financial Goals |
Level of Engagement | low | medium | high |
1. Define the action that makes a user an active user.
An active user on Fleeter is one who engages with the platform in ways that reflect both regularity and depth:
2. What is the natural frequency of the product?
Engagement Framework | Relevance | Key Metric to be tracked | Rationale |
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Breadth | Primary | The number of services and features utilised by the user. | Fleeter is expanding to become a full-service vertical SaaS solution in construction tech, offering on-demand operators, spare parts sales, and introducing Fleeter Yards. This broad range of services keeps users engaged and reliant on our platform. |
Depth | Secondary | Number of orders placed or transactions completed on the platform. | Frequent use of Fleeter by owners and renters boosts efficiency and revenue, ensuring steady cash flow and reinforcing the platform's value. |
Frequency | Not Applicable | Not applicable | Not applicable |
Engagement Campaign | Hypothesis | Channel of Distribution | Persona/Type of User | Theme | Target feature | Pitch and Content | Goal of the campaign | Offer | Frequency and Timing | Success Metrics | Milestones for the campaign | |
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Onboarding Accelerator | Casual users often drop off during onboarding, delaying their first rental. By incentivizing quick onboarding, we can increase the likelihood of first-time rentals and gradually convert these users into frequent renters. | Digital campaign via WhatsApp and SMS notifications. Users will receive these messages immediately after signing up. | Targeting Casual Users (ICP-1 and ICP-2) who have signed up but haven’t completed onboarding. | "Jumpstart Your Fleeter Journey" | User Onboarding and First Rental Action | “Jumpstart your journey with Fleeter! Complete your onboarding within the next 48 hours and unlock exclusive benefits. Fast-track your way to your first rental and start maximizing your earnings now!” | Convert casual users into frequent renters by accelerating the onboarding process and encouraging the first rental action. | Waiver of platform fees for the first rental for users who complete their onboarding within 48 hours. The logic is to reduce friction and provide an immediate reward, incentivizing quick action. Budget will be allocated based on projected onboarding volume and average platform fees. | One-time WhatsApp and SMS notification sent immediately after sign-up, with a reminder after 24 hours if onboarding is not completed. |
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Core Commitment Reward | Core users who rent consistently over time are more likely to remain loyal if they feel appreciated. Offering a reward for continuous activity will reinforce their commitment and increase long-term engagement. | Digital campaign via email and in-app notifications. Users will receive personalized messages based on their rental activity. | Targeting Core Users (ICP-1) who have demonstrated consistent renting behavior over six months. | "Rewarding Your Loyalty" | Retention and User Engagement | “As a valued member of our Fleeter Partners family, your loyalty deserves rewards. Stay active and receive a special discount on your future booking's Platform fees as a thank you from us.” | Strengthen retention by rewarding consistent renters, deepening their engagement with the platform. | 10% discount on the next three rental commissions for users who maintain six months of continuous rental activity. The logic is to incentivize ongoing activity, reinforcing loyalty. The budget will be based on projected commission discounts and anticipated user engagement. | Triggered at the six-month anniversary of the user’s sign-up date, with annual follow-up rewards for continued activity. |
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Power User Insights | Power users value data-driven decisions and are more likely to stay engaged if they receive actionable insights that help optimize their operations. Providing tailored analytics will enhance their decision-making and deepen their reliance on Fleeter. | Digital campaign through monthly email reports. Users will receive these insights directly in their inbox. | Targeting Power Users (ICP-2) who have consistently engaged with the platform and have reached a high level of usage. | "Data-Driven Optimization" | Data Analytics and User Engagement | “Enhance your operational decisions with custom insights derived from your rental history. Let Fleeter help you optimize based on detailed analytics tailored just for you.” | Empower power users with data-driven insights to drive efficient equipment usage and support strategic business decisions, further embedding Fleeter in their operations. | A comprehensive monthly insights report analyzing rental patterns and suggesting optimization strategies. The logic is to add value by leveraging existing data, with a budget allocated for generating and personalizing these reports. | Monthly email delivery of the insights report, starting one month after the user reaches power user status, with ongoing monthly updates. |
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New Service Adoption Drive | Power users are likely to adopt new services that enhance their operational efficiency if introduced with an exclusive offer. This campaign will drive early adoption and embed these services into their regular workflow. | Digital campaign via WhatsApp and in-app notifications. Users will receive announcements and reminders about the new services directly on their devices. | Targeting Power Users (ICP-1) who are highly engaged and likely to benefit from expanded service offerings. | "Expand Your Capabilities with Fleeter" | Adoption of New Services | “Discover the future of equipment management with Fleeter’s newest additions! Try our on-demand driver hire, spare part sales, and exclusive service centers. Enhance your operational capabilities and streamline management at preferential rates.” | Encourage power users to adopt and integrate newly introduced services, enhancing their operational efficiency and increasing Fleeter's value proposition. | Exclusive early access to new services with a 15% discount on the first three transactions for each new service. The logic is to incentivize trial and transition users from the introductory offer to regular usage. The budget will be based on projected discounts for early adopters. | Announced at the launch of each new service via WhatsApp and in-app notifications, with follow-up reminders sent bi-weekly during the first month. |
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Strategic Growth Incentive | Offering financial incentives, such as credits, will encourage both power and core users to increase their rental frequency and deepen their commitment to Fleeter, resulting in higher engagement and reduced churn. | Digital campaign via targeted WhatsApp messages and in-app notifications. Users will be informed of the offer at the start of the rental season, with quarterly reminders. | Targeting Power Users (ICP-2) and Core Users (ICP-1), including both equipment owners and enterprise-level companies. | "Expand Your Business with Fleeter" | Increased Rental Activity and Long-Term User Engagement | “Boost your business with Fleeter’s Strategic Growth Incentive. Get ₹5000 in credits towards commission reductions or free credits when you complete your next equipment rental. Expand your operations, save costs, and experience the efficiency of Fleeter.” | Drive higher engagement, increase rental frequency, and foster long-term commitment by reducing operational costs for users through credits. | ₹5000 credit applicable towards future rental commissions or direct rental credits, activated upon the user’s next rental transaction. The logic is to incentivize immediate action and sustained engagement. The budget will be allocated based on projected credit utilization and impact on rental frequency. | The offer is launched at the start of the rental season and communicated via WhatsApp, with quarterly reminders sent through WhatsApp and in-app notifications. |
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For Fleeter's retention strategy, given the limited data available at this pre-product-market fit (pre-PMF) stage, we'll rely on general industry insights and tailor them to our approach. Since Fleeter is still in its early phases, our proposed retention strategies and understanding of churn will be guided by industry norms and initial assumptions until we can gather more specific data.
Churn at Fleeter could stem from several factors, specific to the heavy equipment rental industry:
Resurrection Campaign | Hypothesis | Channel of Distribution | Persona/Type of User | Theme | Target feature | Pitch and Content | Goal of the campaign | Offer | Frequency and Timing | Success Metrics | Milestones for the campaign |
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Reactivation Offer for Service-Sensitive Users | Users who churned due to service quality or equipment downtime may return if reassured by improved service guarantees. Offering a discount paired with a service commitment can effectively re-engage these users. | Digital campaign via email, with follow-up reminders. Users will receive the offer directly in their inbox. | Targeting casual users who churned due to service quality issues or equipment downtime (Voluntary Churn). | "Experience the New and Improved Fleeter" | Service Quality and Equipment Uptime | “We’ve made significant improvements in our equipment maintenance and support services. Come back to see the difference with a special offer – enjoy 20% off your next rental and experience our enhanced service commitment!” | Re-engage churned users by addressing their previous concerns, with the aim of converting them back to active users. | 20% discount on the next rental, coupled with a guaranteed uptime clause. This offer is designed to mitigate past concerns and incentivize users to return. The budget will depend on the projected discount uptake and impact on revenue. | Single email sent initially, with a follow-up reminder after one week if the offer isn’t redeemed. |
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Feature Rediscovery Campaign for Under-Informed Users | Users who left due to unfamiliarity with key features or platform complexity can be re-engaged by educating them on how to effectively use the platform. A personalized tutorial can help simplify their experience and drive renewed engagement. | Digital campaign via email and WhatsApp, with follow-up push notifications within the app | Targeting casual users who churned due to lack of awareness of key features or perceived platform complexity (Voluntary Churn). | "Rediscover Fleeter: Simplified and Enhanced" | Platform Usability and Feature Awareness | “Discover what you’ve been missing at Fleeter! We’ve streamlined our platform to make your rentals easier and more beneficial. Come back and get a free tutorial session with your next booking!” | Re-engage users by educating them about the platform’s features, simplifying their experience, and encouraging them to return and interact with the platform more effectively. | Free one-on-one tutorial session on how to utilize the platform effectively. This offer is designed to reduce complexity and increase user confidence. The budget will cover the cost of offering personalized tutorials. | Campaign launched via email and WhatsApp, with follow-up push notifications sent over the course of a month. |
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Competitive Win-Back Offer | Power users who left for competitors due to pricing or better terms may be enticed to return if offered a deal that beats their current options. A compelling offer can re-establish Fleeter as their preferred platform. | Digital campaign via email, supported by targeted ads on LinkedIn and industry forums. | Targeting power users from ICP-2 who switched to competitors offering lower prices or better terms (Voluntary Churn). | "Get More with Fleeter" | Pricing Competitiveness and Value Proposition | “Ready to get more out of your rentals? Return to Fleeter and enjoy exclusive pricing that beats the competition – guaranteed.” | Win back enterprise-level companies by offering a competitive deal that undercuts their current market options, regaining their loyalty and increasing engagement. | Match or beat any competitor’s pricing by 5% for the first three months after returning. This offer is designed to provide immediate financial benefits and make switching back to Fleeter attractive. The budget will account for potential revenue reductions during the offer period. | Initial email campaign, followed by targeted ads on LinkedIn and industry forums to maintain visibility and reach. |
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Loyalty Reinforcement for High-Value Users | Loyalty Reinforcement for High-Value Users | Direct mail and email communication, followed by a personal phone call from the account manager. | Targeting power users who involuntarily churned due to business model changes or operational downsizing (Involuntary Churn). | "Welcome Back, Valued Partner" | Loyalty Program and Personalized Service | “As a valued former user, your return means a lot to us! Reactivate your account and enjoy our new premium loyalty benefits designed just for you.” | Re-attract high-value users by offering incentives that acknowledge their previous loyalty, encouraging them to return and continue contributing to Fleeter's growth. | Customized loyalty rewards program with enhanced benefits, including priority equipment availability and flexible payment terms. The logic behind this offer is to provide significant value to returning users, ensuring they feel valued and catered to. The budget will be allocated to developing and managing the loyalty program. | One-time direct mail and email communication, with a follow-up personal call from the account manager to reinforce the offer and answer any questions. |
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Feedback Loop Closure for Dissatisfied Customers | Users who left due to dissatisfaction may return if they see that their feedback has led to real improvements. Demonstrating responsiveness and offering a tangible incentive can help rebuild trust and re-engage these users. | Personalized outreach through emails and WhatsApp, followed by a satisfaction survey. | Targeting users who left due to dissatisfaction with customer service or unresolved technical issues (Voluntary Churn). | "We’ve Listened, We’ve Improved" | Customer Service and Issue Resolution“ | “We’ve listened to your feedback and have taken action! See the changes for yourself with a special welcome back offer.” | Regain trust and re-engage users by showcasing improvements made based on their feedback, encouraging them to return and experience the enhanced service. | Commission-free orders for the first week of service upon return, along with a personalized walkthrough of the resolved issues and platform improvements. This offer is designed to address past dissatisfaction and encourage a fresh start. The budget will cover the cost of the commission-free period and any associated customer support efforts. | Commission-free orders for the first week of service upon return, along with a personalized walkthrough of the resolved issues and platform improvements. This offer is designed to address past dissatisfaction and encourage a fresh start. The budget will cover the cost of the commission-free period and any associated customer support efforts. |
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