Cambodia is known as a land with very popular tourist attractions. Also, it has an extremely rich culture as well as tradition.
Talking about this country from the business perspective, it presents a huge scope and opportunity. This is especially in terms of helping a brand successfully gain limelight. World Bank has gone on to ranking the country 171st out of 182 in the scale of growing economy. This in turn goes onto making the country a breeding ground to start a multi service app like Gojek.
So, if you plan on starting a new startup there despite the initial challenges. One very prominent challenge being registration fees you can be assured the country will present you enormous brownie points also.
Initial Challenges Faced by Entrepreneurs before Starting a Business
One challenge an entrepreneur faces before they set out on the journey to start a new business is realizing the kind of business that will work.
Now, if you think about the country of Cambodia, people there are not so familiar with a multiservice app. Thus, launching a solution offering multiple services to your customers will help you gain enormous limelight in the region. Also you will capture customers and attract them towards you in a reasonably faster manner.
So, now a question coming to the mind is how should you go about building a multiservice solution that will offer smooth range of services?
To explain the same we have listed a few points below. This will give you assistance in relation to the same. In other words to support you when you go on to build a super app like GoJek.
Tactics You Can Implement to multi service app like Gojek in Cambodia
Identify Business Potential
You need to understand very clearly the country is not yet enlightened about the concept of on demand services. Also, it does not have proper insight about multiservice businesses. Thus starting a business serving so many services on a single platter will bring in enormous opportunity for you. This is especially in terms of attracting more customers towards the services you offer.
When you set out on a journey to start a business like GoJek it means you will attract more customers towards your services. In short, since not many in Cambodia are aware about the concept it means your business will act as a gateway to them. First, in terms of gaining access to all these services from one single place. This in turn means the demand of the same will increase to a great extent and so will the sale. This in turn goes on to suggest you need to observe the rising demands and thereupon meet them in a smooth manner.
Incorporate Multiple Services into One to Help People
Understand that people in Cambodia still have innumerable apps to take care of all their multiple needs. This means with a business offering many services you will assist them to a great extent. This is in terms of providing access to a different range of services through the single business solution. Also, you shall save them from the dilemma they face in terms of downloading multiple apps for the same.
Analyze the Business Model Your Solution Will Adopt
You need to identify the business model that will work best for your multi service business in Cambodia. In other words, try finding the right business model from the ones given below. These include curated, on demand and so on and so forth and then adopt the one suiting you.
Choose Price Strategy Wisely
One very important aspect ignored by most businesses is finding a price strategy that will work best in a region. In other words when you incorporate some services you often neglect considering the price. So, when setting up a multi service business in Cambodia make sure the price of the services you offer are considerably lower in comparison to when done traditionally.
In other words, when you go to a service provider the amount you may need to pay when done from your solution should be considerably low.
Study What Competitors Are Doing
You need to know what your competitors are doing there and observe if at all a business like GoJek is there in Cambodia. Thereafter you need to identify what are they doing in terms of gaining attraction and attention of customers and thereupon choose a strategy you can adopt so as to provide the services differently and stand out from your competitors.
Concluding, follow these tricks in an overall stringent manner when you set out on building a Multi service App like GoJek in Cambodia and see yourself attracting more customers, service providers and profits on a whole successfully.