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Buying a brand new automobile has all the time been a extremely ‘bodily’ expertise. For the final century, visiting a showroom was a quintessential step in buying a automobile. However, it’s potential to supply a digital expertise that isn’t solely immersive, but additionally informative and decisive. Eccentric Engine is combining the perfect of human and digital feelings that leverages all senses- imaginative and prescient, sound and speech- to make automobile buy handy, fast and nice.
Existing dealership mannequin with showrooms will not be viable as a consequence of excessive prices of operations. This contains prices associated to individuals, stock and different overheads. Showrooms are slowly being transformed to mere fulfilment facilities. There is a typical perception that OEMs wouldn’t spend money on showrooms within the subsequent three years. In this situation, all the buy expertise can be within the digital world.
Varun Shah, co-founder, Eccentric Engine on how future automobile buy expertise can be like, “The customer will go online to explore the cars you like thoroughly, in 3D and will be able to customize them to their liking. A sales consultant would join the, in the virtual world to assist you. If interested, the nearest fulfilment center will arrange a test drive for the customer at his/her doorstep while the signing and payments would all happen securely in the virtual world.”
Eccentric Engine has streamlined the method of result in reserving. The course of normally took 35 days whereas utilizing the expertise supplied by the corporate, the identical course of is accomplished inside 9 days resulting in immense acceleration in gross sales. Another benefit of the expertise is that showroom visits have considerably decreased which saves roughly 4 to 5 instances of the sources used in addition to time. Automotive Retail is in contrast to common SaaS and wishes an intensive understanding of underlying methods. Numerous these methods should be upgraded to ensure that your platform to point out its true affect. Eccentric Engine is vertically integrating to have a deep play on this house.
“We constantly invest in our core Graphics Technology. While there are a lot of possibilities, we have unlocked to transform virtual retail, it is focus on our core that keeps us ahead. We also contextualize our products heavily by working very closely and learning from all stakeholders in the ecosystem- OEMs, Dealers and Buyers,” stated Gaurav Rane, co-founder, Eccentric Engine.
The firm is extending its presence to worldwide markets and dealing on constructing all the ecosystem making virtualization a actuality for the business.
“We have been profitable from Day 1. We don’t think you necessarily need to be loss making if you are a tech company,” stated the co-founders in a joint assertion.