Development of new business models for selling trucks on emerging markets
This project addresses the challenges related to selling trucks in emerging markets, where the local transport industry typically is entrepreneurial and innovative but also fragmented with a high expectation on short return on investment. Many of the premium truck solutions successfully developed for mature markets need to be re-designed for the emerging markets. The solutions need to be redesigned both with regard to the technology content but also, perhaps more important, with regard to how the solutions are offered to the market. A profound understanding of the business conditions in emerging markets will be necessary for developing suitable solutions.
The study market of this project is India and the main focus of the project is to understand the business conditions for selling trucks in India. In more detail, the project focuses on developing business models for selling “uptime offerings”, which include maintenance and service concepts, and how to develop and adapt them to the requirements of the local end customers.
The research is carried out by the research centre Northern LEAD.
Volvo Technology, Halmstad University and Andreassons Åkeri AB.
Yadav Atul, Volvo Technology
FFI program of Vinnova (Strategic Vehicle Research and Innovation)