Every aspiring
entrepreneur looks out for an idea, a eureka moment that will translate into
profitability. Most of them spend lifetime figuring out ways to realize their
dreams, while a few take up the courage, and impulsively go ahead with their ideas.
BoxMySpace was one such innovative idea that caught my attention, and intrigued
me to delve in further to understand this brilliant business concept.
On a lazy Saturday,
while I was going through some YouTube videos to kill boredom, I came across an
advertisement “BoxMySpace”. Well to be frank I usually skip YouTube ads ( I’m
sure most of us do), but this one caught my attention; What a million dollar
idea! Imagine a situation wherein you have to move out on a month long business
project, and you are in dilemma as to where you can store a few of your personal
belongings until you return.
In another case,
if your landlord asked you to vacate the place without a prior notice, the
first thought would be, ‘Where do I keep my belongings until I manage to find a
new place’. Of course, friends, family and relatives are the first ones that
come to our mind; however we tend to refrain from bothering them. The founders
of BoxMySpace have just managed to understand these day to day issues people might
face, and turn into a viable business idea.
Well, BoxMySpace
is a unique storage solution allowing people declutter their office or home
space in an easy and pocket friendly way. The western market has seen emergence
of several self storage concepts, for instance MakeSpace in the United States;
however implementing a similar idea in India was something new. The company is
a Mumbai-based venture founded by Mr Pratyush, and the service can be availed through
a web portal or a mobileapp.
For the customers
to avail this service they need to order boxes online, which are then dropped
off at the end-users convenience. Now, all the customer needs to do is pack
their stuff. The company’s staff then picks up the boxes and transports them to
the intended storage location. A customer can retrieve their goods anytime, as
and when needed through a simple online process. The company allows people to
store their goods for a week, month and more than year. Further, as a part of
their value added service, the company offers an insurance of upto Rs. 50,000
per box and Rs. 1,00,000 for the items stored in the space at absolute no cost.
These services can be availed by hostelers to travelers.
A concept like
this is very new in India, and it would be interesting to see, how the company plans
its strategies over the future to gain market share and expand its operations
across other cities. But this surely is a good idea, and I am looking forward
to experience the services offered by the company. I hope someday, I am
lucky enough to have a conversation with the founder, and understand better
about their business and future plans. Cheers.
For more
information, please visit the company website J
No comments:
Post a Comment