Onboarding project | Gensol Engineering Pvt. Ltd
📄

Onboarding project | Gensol Engineering Pvt. Ltd

Ideal Customer Profile

Define your ICPs

ICP Table ⤵️


Criteria

User 1

User 2

User 3

Name

Mr. Ankit Dwivedi

Mrs. Shalini Choudhary

Mr. Devansh Agrawal

Age

40 years

​25 years

28 years

Demographics

Gender: Male; Level of education: Graduation; Employment: Self employed; Marital Status: Married

Gender: Male; Level of education: Post-Graduation; Employment: Self employed; Marital Status: Unmarried

Gender: Male; Level of education: Post-Graduation; Employment: Working in an MNC; Marital Status: Unmarried

Need

Transport goods from one point to another in the following way:
- Safe
- Ensure real time tracking of his goods
- Wide assortment of delivery options (2W, 3W, Tata Ace etc.)
- Affordable
- Does require customisation in some of his deliveries (POD, Cash Handling)

Transport goods from one point to another in the following way:
- Safe
- Ensure real time tracking of her goods
- Majorly requires 2W, with 3W requirement for procurement from yarns from manufacturers and transporting it to her manufacturing hub
- 2W requirement to sending final deliveries to end customer (if they are not able to collect)

Transport goods from one point to another in the following way:
- Safe manner

He is not a business owner and requires logistics for house-shifting/one time usage like document delivery, lunch box delivery etc.

Company Size

  • Yearly Revenue: Rs. 400 Cr/year
  • Number of people: 40
  • Yearly Revenue: Rs. 20 Cr/year
  • Number of people: 10

NA

Industry Domain and nature of business

  • Paper and packaging
  • He is a manufacturer of paper goods and he distributes it to smaller paper and packaging companies/ hotels
  • This is a generational business, where his father set it up in 2004
  • Customised dressing options for Female clients (majorly focused on bridal women solutions)
  • She has a manufacturing set up in Naraina Industrial Area. The customer facing store is in Lajpat Nagar
  • She is a first time entrepreneur in her family

NA

Pain Point

* Variable and high pricing, which creates issues in his costing estimation
* Lack of traceability (although some this has been solved through Whatsapp Location)
* Unprofessional driver behaviour

* Lack of trusted delivery platforms - had a bad experience with Porter as the final product needs to reach the final customer in a specified manner
* Has to use Cabs (Uber/Ola) to do the transportation which is placed at a higher price
* Need a single solution for all her deliveries

* Wants to shift his household goods from one point to another - but not able to find trustworthy vendors
* Haggle with vendors from the local Naka on pricing and time of deliveries

Solution

For Point-to-point deliveries, he uses On-Demand platforms like Porter

For customisable deliveries, he still uses the Naka

For Point-to-point deliveries, she uses On-Demand platforms like Porter

Uses cab services (Ola/Uber) to send her stock sometimes

Uses Porter for smaller loads within the city

For larger goods/intercity movement, uses packers and movers services like APML

Decision Maker

  • Pricing: Owner himself
  • Logistics Manager - operationally responsible for timely deliveries
  • Owner herself
  • He himself

Marketing Pitch

Transport your goods anywhere in Delhi NCR in the cheapest, safe and hassle-free manner

Transport your goods anywhere in Delhi NCR in the safest possible manner!

House shifting made easy - Use our services to move your home in a safe and homely manner!

Frequency of use case

  • Has around 5-6 deliveries/day, with 75% of them being Tata Ace and 3W
  • Sporadic requirement of 2W
  • Has around 5-6 deliveries/day, with 90% of them being 2W
  • Lesser requirement of vehicles above 3W

Rarely requires it - 1-2 deliveries every 6 months

Average Spend on the product

Rs. 3000-3500/day

​Rs. 1000-1200/day

Rs. 2000/year

Frequently used apps

  • Paytm (for payments)
  • Khatabook (for checking his accounts)
  • Whatsapp (for communication)
  • Facebook (for social media)
  • Amazon (for shopping)
  • TrueCaller (used during communication)
  • PhonePe (for payments)
  • Delivery (for local couriers)
  • Whatsapp (for communication)
  • Facebook/Instagram(for social media and getting more clients)
  • Amazon (for shopping)
  • Cred (for credit card payments)
  • Spotify (for music consumption)
  • Netflix/Amazon Prime (for movies)
  • Swiggy/Zomato (For Dining out)
  • Uber/BluSmart/Rapido (for ride hailing)
  • Google Pay (for payments)
  • Whatsapp (for communication)
  • Instagram(for social media)
  • Amazon (for shopping)
  • Cred (for credit card payments)
  • Spotify (for music consumption)
  • Netflix/Amazon Prime (for movies)
  • Swiggy/Zomato (For Dining out)
  • Uber/BluSmart/Rapido (for ride hailing)

ICP Prioritization:


Criteria

Adoption Rate

Appetite to Pay

Frequency of Use Case

Distribution Potential

TAM ( users/currency)

ICP 1

High

High

High

Moderate

Large

ICP 2

High

High

Moderate

High

Low

ICP 3

High

Moderate

Low

High

Low

Using the above framework, ICP 1 and ICP 2 are the ones we will be focussing on, given the High frequency of usage, higher appetite to pay, and given the penetration in the market




JTBD and validation

A table is shared below for your reference to put down your user goals, respective ICPs, JTBDs and validate your goals.


Goal Priority

Goal Type

ICP

JTBD

Validation approach

Validation

Primary

Functional

ICP 1

Jobs the app is completing for the user:
- Saves time for other important tasks: ICP doesn't have go to the Naka for finding the right vehicle/partner
- Ensuring timely goods delivery: Ensuring timely vehicle availability --> goods delivery
- Goods tracking: Real time tracking available on the app --> Saves to and fro communication between the driver and the receiver of the goods
- Multiple vehicle and delivery options: Multiple vehicle options (2W, 3W); Also multiple drop options --> Can send multiple types of loads --> Ensure better usage of time

User interviews / User Calls

" I want a one stop solution for all my deliveries"

" I want to transport my goods in a safe and timely manner"

Secondary

Financial

ICP 1

Jobs the app is completing for the user:
- Reasonable pricing: Reasonable and more-or-less fixed pricing --> Better projection and control over costs --> Saves money
- Repetitive Discounts: Repetitive subscription plans for him --> Ensure further discounts --> Saves money

User interviews / User Calls

"I want a reasonable price for my deliveries as logistics cost contributes 5-7% of my total costs"


Primary

Functional

ICP 2

Jobs the app is completing for the user:
- Saves time for other important tasks: ICP doesn't have go to the Naka for finding the right vehicle/partner
- Ensuring timely goods delivery: Ensuring timely vehicle availability --> goods delivery
- Goods tracking: Real time tracking available on the app --> Saves to and fro communication between the driver and the receiver of the goods
- Multiple vehicle and delivery options: Multiple vehicle options (2W, 3W); Also multiple drop options --> Can send multiple types of loads --> Ensure better usage of time

User interviews/ User Calls

"I am the one the major brain of the company, so freeing up time from my logistics help me focus on other things, like cloth designing, getting more clients etc."










Onboarding Teardown

How to do an onboarding teardown?

Take screenshots of each page of the interface, note each interaction and user touchpoint, and assess based on user empathy:

  1. What is working well on the screen and why?
  2. What is not working and why?
  3. What changes/improvements do you suggest can be made? Why do you think that would be better?
  4. Where does the “aha” moment occur?
  5. Evaluate your onboarding on the cognitive biases.


Please find the above points covered in this document:

GrowthX - Onboarding Teardown - Wayo.pdf

Activation metrics

Parameters to track your activation metrics:

  • D1, D7, and D30 retention
  • DAU / MAU
  • Subscription rate vs retention
  • Average TAT
  • User Cohorts
  • Acquisition source
  • Product reviews
  • Add more based on specific context

Reminder: This is not the only format to follow, feel free to edit it as you wish!

To understand the activation metrics, the following steps were followed:

Step-1: Speaking to Users

  • Speaking to Retained users: I spoke to retained users. These were those customers who were placing orders with us MoM
  • Power users (>=5 orders in a month): I spoke to users from this cohort. This was because these customers had a repeat use case of our application
  • M1 Retention for active users: Due to the cyclic nature of demand, most of the orders take place in the last and first week of the month. Hence, we tracked the M1 retention of cohort of the users from the inception of the app
  • Median M1 Retention (>=1 order in the first month): 26%; Median M1 Retention (>=3 orders in the first month of activation): 57%


Step-2: Observe User behaviour:

  • We looked at the retained and power user behaviour across the following touch points in the application and drew the journey backwards:
    - First app signup date
    - First price review page landing
    - First order placed date (irrespective of completed or not)
    - First completed order

Step-3: Map your customer journey

  • All these events were placed plotted on a graph: X-axis: % of users || Y-axis: Time from the first signup date (app install)
    We compared this graph for three types of cohorts:
    - Cohort-1: >=1 orders
    - Cohort-2: >=3 orders
    - Cohort-3: >=5 orders

    We got a metric type: 3 completed orders with 30 days

Step-4: Validate your activation metric

We validated the activation metric on the following parameters:

  • Does it impact the retention curve?
    - Yes, it did: The greater the completed orders for the customers within 30 days (>=5 cohort had a higher completed orders in the given time frame; and this kept increasing for power users)
  • Does it improve referral or WOM?
    - Yes, it did, we spoke to customers fromt







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