The document summarizes a presentation by Torq Moto on their new electric bike model X. It introduces the members of the presentation team and provides an overview of Torq Moto, the need for electric vehicles, and features of their new model X electric bike. It also discusses Torq Moto's sales management, marketing strategies, supply chain management, plans for expansion, and future models.
4. INTRODUCTION
Need for own conveyance.
Economic growth.
Scarcity of public transport.
Hikes in prices of public & private transport
To reach destination in time & save Energy and money.
Affordability- cars, bikes
5. INTRODUCTION
Electric powered bikes are a fast-growing market. In the next few years, there
will be more and more electric bikes on roads. This is has become a very
convenient mode of everyday travel, especially to work. Even big automobile
companies are slowly introducing their electric-powered vehicles.
Electric bikes run on Lithium-ion batteries, this promises lesser carbon emission
in the air. Especially when almost the whole world is struggling with the
consequences of climate change, adding to air pollution will not do any good.
Our Company Torq Moto has introduced a model X with many features and
friendly budget. E bikes use rechargeable batteries and lighter varieties. It has
integrated electric motor which can be used for propulsion.
6. PRODUCT OVERVIEW
Electric two-wheeler definition.
✓ Electric Two-Wheelers Are Vehicles That Are Powered By Electricity.
✓ Electric Two Wheelers Can Be Divided In Two Categories.
Electric Motor Cycle X (E - Motorcycles).
Electric Scooters (E-Scooters).(available soon)
✓ A Battery Pack A Motor Are Installed In The Vehicle To Store And Transform
The Electricity The User Control Is Attached To The Handle Bar To Stop And
Adjust The Speed.
7. ELECTRIC TWO WHEELER SALES IN
WORLD
60.57 million -2015/16
70.50 million -2016/17
70.86 million -2017/18
100million by 2010
Annual growth rate of bikes in World 13%
8. SALES MANGEMENT
Communication
• Strong communication skills are the foundation of building meaningful
relationships with clients, setting expectations, and (tactfully) discussing a
buyer's pain points.
Discovery
• Can your sales reps ask intelligent questions, identify buyer needs, and follow
up accordingly?
• Can your sales reps ask intelligent questions, identify buyer needs, and follow
up accordingly?
9. SALES MANGEMENT
Active Listening
• It's no secret reps need good listening skills to connect with clients. But in
today's fast-paced business world, there's always a temptation to formulate a
response or follow-up question before the buyer finishes talking.
Objection Handling
• Sales objection are a fact of life for reps. When approached the right way, they
provide sellers with a valuable opportunity to ask more questions. An objection
managed poorly, however, can derail an otherwise good conversation.
11. APPLICATION AVAILABLE ON PLAY STORE
TORQ CARE.APK
Services provided on app
1.Customer Care
2.Servicing facility online Pickup and Drop
3.GPS location
4.Service Reminder and bike deatils
16. SUPPLY CHAIN MANAGEMENT
Throughout the years, supply chain management has grown to be a significant
element of any business to increase and maintain its competitiveness and
customer satisfaction.
Although TORQ MOTO has many major competitors in the automobile industry,
product preorders reflect a substantial demand for TORQ E products.
Factory Tool System
• At the manufacturing, our e bike component traceability begins with directly
making parts with a permanent module number(MID) and uploading all the
information to the cloud
17. SUPPLY CHAIN MANAGEMENT
Bikes Tool System
• At the assembly stage, we implement a software application, TORQ Bike Tool
System. It allows manufacturers to digitally connect individual components to
the finished e-bike.
Time
• With the Bike Tool System, the bike factory technicians can easily scan the
barcodes to connect the e-bike system components to the bike frame then
follow the step to finish function tests and update the system to the latest
version.
18. EXPANSION MANAGEMENT
Checking Capital for new business plans: -
We should understand that expanding geographically is a costly affair, as We
will have to rent a new office, establish human resources, run marketing
campaigns to spread brand awareness and more.
Know the new market.
• Will the products or services sell in the targeted country?
• Which local players will give you tough competition?
• How can you find the right partners/teams?
• How can I build a foolproof supply chain?
• How will foreign customers receive my ideas?
19. EXPANSION MANAGEMENT
Creating a solid business plan.
• A perfectly written business plan includes a snapshot of your business,
business overview, operation plan, market analysis, competitive analysis,
financial plan and business projections.
Make an aggressive marketing plan.
• You might have launched the world’s best product or service, but unfortunately,
nobody is going to buy unless you explain why you are the best. Marketing is a
must to spread the word about your products or services.
20. EXPANTION MANAGEMENT
Have a plan to raise capital.
• Needless to say, launching your business in a over country is a costly
endeavor. Office expenditures, employees’ salaries and various other business
expenses can dry out your capital quickly. You might need to raise money to run
the growth engine.
21. FUTURE PLANS
Our initial focus on the consumer space with our launch product is just the
first step in our long term roadmap to growth. In order to capture a larger
market share and continue scaling the company exponentially, we are
planning on rolling out Model Y and Model Z.
Though we don’t have the money that the international competitors have, we
have a very good understanding of what is required. We also aim to start the
develpment of certain parts and accessories in house which would equally be
beneficail for our investors as well as our customers.
24. FUTURE PLANS
It is very much possible to buy things like motors, controllers etc off the shelf
and integrate it. Some of the techniques we learnt and developed in house,
like battery management system, motors , battery packs, controllers etc.
Implementing this on a larger scale would also give way to expansion and
growth in a sustained manner.
The most critical element of Model X, the battery management system, which
we built in-house. It is the most critical feature of an electric motorbike. It is
a computer on which the battery sits and controls its functioning. It will allow
it to operate between certain voltages so that it doesn’t not heat up.
25. FUTURE PLANS
Future plans also include many tech enhancements such as The introduction
of cloud tech to capture data for predictive maintenance. this way the
customer will know when the bike needs any kind of maintenance. the
customer will also be updated on the bikes overall health. the introduction of
a battery management system which we built in house. it would be the most
critical element of he future models. Since It is a computer on which the
battery sits and controls its functioning. It will allow it to operate between
certain voltages so that it doesn’t not heat up.