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Rapido is a ride-hailing service that operates primarily in the 2-wheeler segment. They started with bikes, as they realized that with increasing population density, there would be more traffic, and hence bikes would be needed as more efficient and cheaper alternatives. Since then, Rapido has expanded to over 100 cities, competing with the likes of Uber, Ola, and others.. Within last 4 years, post-COVID era, they expanded their service to autos, and now to cabs and parcels as well.
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Something worthy to note:
Over 90% of the sample learnt about the product through word of mouth.
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The bike taxi market has grown massively, building trust in consumers. One could not imagine that it could work in India considering how people assumed safety concerns - higher chances of accidents, and female sitting behind a stranger.
Rapido had to build a lot of trust in the minds of consumers. Interestingly, with the limited sample set taken, this was the result:
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Rapido has been able to change consumers' mindsets about using bike taxis as a service, and today, it stands bold with 50M+ app downloads.
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Criteria | User 1 | User 2 |
---|---|---|
Name | Mr./Ms. Padhaku (Students) | Mr./Ms. Workerbee |
Age | 18-22 | 23-25 |
City | Tier 1 & 2 | Tier 1 & 2 |
Income | Student (Dependent) | Wide Income Range (up to 40L) |
Vehicle Ownership | No vehicle (dependent on similar services) | No vehicle/2-wheeler/car |
Time Spent | Social Media, OTT | Social Media, Outdoor activity or socializing |
Pain Point | Book a cheaper ride |
|
Frequency of usage | 3+/week |
|
Use Case | College/Leisure travel |
|
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Priority | User Goal | ICP 1 | ICP 2 |
---|---|---|---|
Primary | Functional | Book a ride to reach from A to B. | Book a ride to reach from point A to B quickly. |
Secondary | Financial | Book cheapest ride | Book cheaper and efficient alternative |
Personal | β | ||
Social |
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As per user feedback, if the app charges higher prices and has problems with the availability of the ride, will increase the chances for the user to delete the application.
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Active Rapido users either have Uber or Ola, if not both, for availability options, especially in case of time criticality, mainly for bike and auto service, typically cheaper than other players.
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Hypothesis 1: Completion of 2 rides in 15 days
Reasoning:
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Hypothesis 2: Booked a ride 2 times in 15 days
Reasoning:
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Hypothesis 3: Search destination 5 times in 15 days
Reasoning:
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Qualitative
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Quantitative
Thanks for sparing some time to go through this!
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