Presented by Hazel Sia Welcome On Board Welcome On Board
Pink TaxiPink Taxi
Part 1: Introduction – What & Why
Part 2: The Concept - How will the service be delivered?
Part 3: The Plan - How do we start?
Part 4: The Numbers - Making it profitable and sustainable
Part 5: What is Next?
ReferencesReferences
• Iran – private company head by a male
• Dubai – government initiative
• Turkey – fleet of BMWs only for richer women
• Tunisia• South Africa• Thailand (Bangkok)
• UK – “Pink Taxi”, private
• Moscow – a few “women-only” taxi companies
• Japan – “Grace taxi”, subsidiary of corporation, also for bed-ridden seniors
• Alternatives – “women-only” buses in Mexico, trains in Japan
Taxi IndustryTaxi Industry
• Taxi is an essential part of public transportation
• Taxi also reflects a city’s reputation• Some cities boast of the best Taxi
services: New York, London, Hong Kong & Singapore
• Sep, 2008 AFP carried an article that rated our taxis as the worst among 23 countries surveyed.
Quick ViewQuick View
Population No. of Taxi Trips/day
NYC 8.4 mil 10,000
LON 7.5 mil20,000
(excluding private hire)
HKG 7 mil 18,000 1.2 mil (50 trips/ taxi)
SIN 4.5 mil 24,000 960,000(40 trips/ taxi)
KUL 6.5 mil
3 Reasons 3 Reasons why we need an alternative:why we need an alternative:1. Lack of reliable, convenient public
transport network2. Current taxis are a challenge for
female passengers3. Owning a car is no better – where
money, time and safety are concern
1. Existing Public 1. Existing Public TransportTransport
• Less than 18% Malaysians take public transport (bus/taxi/LRT)– so many have to drive even when they could not quite afford it
• Inconvenient, lack of integration, congestion
• Not cost-effective nor time-efficient• Impractical for multiple destinations
2. Current Taxis2. Current Taxis
• No taxi when you need it• Many taxis but refuse to go where
you want to go• Over-charging, not using meter• Uneasy with some conversations• Safety – especially when travelling
alone or at night
3. Car Ownership3. Car Ownership
MONEY : car hire purchase, road tax, insurance, maintenance, expenses for petrol, toll, parking, even traffic summons. (yet car is used <20% of the time)
TIME: lost productivity due to traffic jams, searching for car parks, rushing for multiple errands .. All adding stress to a woman’s life
SAFETY: lack of sense of security on the road, highways, car parks, petrol station ..etc.
Stakeholders/ BeneficiariesStakeholders/ Beneficiaries::
Women:
As Passengers:•A needed service•Safer commute
As Drivers/staff:•Employment•Empowerment
Government:
•Supplement public transport•Employment for people•Benchmark new standards for taxi industry•Less congestion in city
Men:
•Taking care of women they care (mothers, wives, daughters..etc)•Better use of family resources – time, space, money
Stakeholders/ BeneficiariesStakeholders/ Beneficiaries::
Kids/ Teens/College students:
Alternative to school bus
Safe commute withFlexibility of time
Seniors/Handicap:
•Regular hospital check-up is easy•Routine dialysis•Pre-defined destination reduces stress of travel
Tourists/ Biz Executives
•Travel with peace- of-mind•Esp. for lone female travelers
Blue Ocean?Blue Ocean? We are not talking We are not talking
about competition with taxiabout competition with taxi
• Pink Taxi is a “private hire” … that gives women another alternative to travel SAFELY, CONVENIENTLY & COMFORTABLY
• Driven by women, for women, children and seniors only (may be some female tourists)
• Serves only registered members • Premium charges and pre-paid
Opportunities for other Opportunities for other supporting businessessupporting businesses
TECHNOLOGYPROVIDER
INSURANCE TRAINING
CAR WASH
WORKSHOP
PINK TAXI
1. Safe1. Safe
• Every driver & every member is registered (no unknown persons)
• Use of technologies to ensure all journeys are recorded
• GPS/ Panic Button/ Tracking• Cars are fixed with special alarm,
siren• No/ minimal cash to discourage
robbery
2. Reliable2. Reliable
• Available 24/7, anytime, anyday and anywhere within Klang Valley
• Pre-booked – by call, SMS or online• Clear pricing – no surprises• Pre-paid – no hassle• Always clean, neat and in excellent
working condition• “Car rental with driver included”
3. Comfortable3. Comfortable
• “Wings on Wheels” • Relax while travelling
(sleep, read, chat)
• Amenities (umbrella, sewing kit, personal toiletries, multi-chargers, plug point)
• Stress-free “Door-to-door” commute (no need to look for parking)
Critical Success FactorsCritical Success Factors
PINK TAXI
The Vehicle
The Passengers ServiceThe
Driver
1. The VehicleSmart Use of Technology(MDT):
•GPS/ Tracking•Cashless Payment•Taxi meter•Communications
•Membership Loyalty Program
Optimal Road Worthiness:
•Pre-Ride Checks•First Aid•Safety Features•Panic Call•Siren/ Strobe?
Customized for comfort & convenience:
•Mobile work space•Pillows/ blankets•Reading lights + plug points•Mirror/ cupholder
LED Screen for Advertising income
2. The Driver/ CaptainSoft Skills:
•Customer Service•Well-groomed•Uniformed•Bilingual•Provide guidance/ Advice when necessary
TechnicalSkills:
•Driving skills•Route Familiarization•Defensive Driving•Basic Safety & Fire-fighting
Screened for Safety:
•Registered•Trained•Clean background•Mature, confident
Full TimeFlexi Time
Competent. Committed. Caring.
3. The PassengersLoyalty Program:
•Mileage•Special privileges, discounts…etc
Safety:
•Registered with Annual Fees•I/C, next-of-kin, address, caller ID•Members Card •Prepaid Fares•M/ Statement, if needed
Categories:
•Working Executives•College Students•Shoppers•Seniors•Handicap•Kids/ teens•Tourists•Nite Life Women
4. The SERVICE
Step 3:
Deduct Fare on arrival (MDT)
Step 2:
ShowMembersCard (MDT)
Step 1:
•Call•SMS•Online
Register as Member + Pre-paid Card
Special TouchesSpecial Touches
Safety:
•Pax to wait in safe place, captain will call upon arrival;
•Pax will be dropped offOnly in bright Safe area;
Convenience:
•Multiple-trips•“Outsource errands”•Pre-booked for daily commute to work/ regular trips
Comfort:
•Pax to rest/relax•Extra time to work/read•Beauty sleep in traffic jams
… … Value Add:Value Add:
When resources are available, eg when advertising revenues allow, may set up a
“Members Lounge” – for members to wait safely, in comfort and maximize waiting time, when “pink taxi” are held up or temporary all hired out.
Exclusive. Privilege.
When resources are available, may set up a
“Members Lounge” – for members to wait safely, in comfort and maximize waiting time, when “pink taxi” are held up or temporary all hired out.
What next? What next?
EvolveEvolve Car Sharing
Expand to other cities
Integrate with other taxis
“Being Space”
PINK TAXI
VisionVision
To build an innovative and profitable transport company, to enable women to commute
safely, conveniently and comfortably, while providing rewarding,
flexible work for other women.
Resources NeededResources Needed
• Core Management Teams – operations and marketing tasks
• Investors – funding & loans• Regulators – grants and licenses• Technology providers • Associates – workshops, car dealers• Press – to get new members
AuthoritiesAuthorities
• To give green light/ licenses;• To provide grants/ loans• Look for women who need
work – single mothers, unemployed graduates, handicapped ..etc
• Some privileges – open space, lanes use, road tax
InvestorsInvestors• Public/ Private/
Organizations/ Venture capitalists
• Provide start-up funds;• IPO Planning – Exit
strategy
AssociatesAssociates• Car manufacturers• Bankers• Insurance brokers• Lawyers• Workshop – full range• Car wash
IndividualsIndividuals• Leaders – core
management team• Trainers – technical/
soft skills• Lawyers/ Accountants• Call Centre agents• Captains!• Marketing genius
EXIT PlanEXIT Plan
1. Business model – “taxi rental” or transport company?
2. Government-owned, private or JV?3. Sell to bigger transport
corporations