Building trust in unorganized auto markets

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Summary

Building trust in unorganized auto markets means creating reliable systems and relationships in industries where buying and selling vehicles or parts is often informal and inconsistent. This involves introducing structure, transparency, and human connection to help customers feel confident when making choices in fragmented markets.

  • Standardize processes: Set up clear and consistent systems for pricing, documentation, and service to help customers know exactly what to expect every time.
  • Show transparency: Make details like reviews, payment security, and service records easily accessible so buyers feel informed and safe.
  • Prioritize human touch: Build relationships through personal communication and support, especially in regions where trust is earned face-to-face rather than through technology alone.
Summarized by AI based on LinkedIn member posts
  • View profile for Deep Khira

    Founder & CEO - Sub Zero | Automotive Engineer | Cold Chain Solutions | Building India's Coolest Trucks

    8,557 followers

    𝐖𝐡𝐲 𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐰𝐢𝐧𝐬 𝐢𝐧 𝐚𝐧 𝐮𝐧𝐨𝐫𝐠𝐚𝐧𝐢𝐬𝐞𝐝 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲. When I entered the transport refrigeration industry, the first thing that stood out to me was how unorganised it was. Small operators dominated, processes were inconsistent, and service quality depended more on individual relationships than on systems. In the beginning, this felt overwhelming. It was tempting to follow the same path and simply move fast. But I realised that what this industry lacked most was not speed, it was structure. We decided to invest time in building systems. Every truck design documented. Every customer interaction recorded. Every delivery tracked and reviewed. At first, it felt slow. Setting up processes is rarely exciting. But over time, those small steps compounded. Clients began to see the difference. They knew what to expect from us every single time. Not just a truck body, but a standard of reliability. In a sector where unpredictability is the default, that reliability became our strongest differentiator. What this has taught me is simple. Structure builds trust and trust scales far better than shortcuts ever can. For anyone building in unorganised industries, my takeaway is this: 1. Document everything, even if it feels tedious 2. Build consistency before you chase speed 3. Focus on reliability, because that is what clients remember Short-term wins may come from improvisation, but long-term growth always rests on structure. #entrepreneurship #business #mindset #growth #logistics

  • View profile for Yeshvanth Suresh Babu

    Building Fitsol from India for the International markets | Enabler of 10 to 100 Journey @ Ather Energy

    5,725 followers

    Remember booking a bus ticket 15-20 years ago? It was close to a nightmare. You had to visit multiple travel agents or stand in long queues at bus stations, hoping to find a seat. Prices were inconsistent, schedules were unclear, and there was no way to compare operators. You had no idea if your chosen bus was reliable, comfortable, safe or even on time. Cut to today: You open an app, check routes, compare operators, read reviews, pick your seat, and pay online—all in minutes. This transformation wasn’t accidental. It was the result of solving a fragmented market through a digital marketplace. Why Are Fragmented Markets So Challenging? Industries like travel, logistics, and services often start as fragmented ecosystems where buyers and sellers operate independently, leading to: ▪️ Lack of Standardisation: Different vendors, inconsistent pricing, and no quality control. ▪️ Discovery Issues: Finding the right service provider is tough due to limited visibility. ▪️ Low Trust: No reviews, no credibility checks, and unreliable payment processes. ▪️ Limited Tech Adoption: Many suppliers operate offline with manual processes. In such cases, a marketplace isn’t just useful—it’s essential. From Frustration to a Scalable Marketplace - In 2006, RedBus’ founder, personally experienced this frustration when he couldn’t book a bus ticket to travel home. He saw the massive inefficiencies in India’s bus booking system and set out to solve it. 💡 Building Trust & Aggregating Supply (2006-2010): The biggest challenge? Getting bus operators to digitize inventory. RedBus gave them free inventory management software, which allowed real-time seat availability and reduced dependency on offline agents. 💡 Scaling & Customer Adoption (2011-2014): Introduced online payments, mobile booking, and customer reviews, making bus travel safer and transparent. Hit 1 Crore tickets sold in 2012, proving marketplace adoption. 💡 Multi-Modal & Tech-Enabled Experience (2017-Present): Introduced hotel bookings, ride-sharing integrations, and enterprise solutions for corporate travel. Leveraged Tech for dynamic pricing, seat recommendations, and predictive bus tracking. RedBus didn’t just create a booking platform—it rebuilt the bus travel industry with: ✔ Standardized Pricing & Transparency ✔ Secure Online Transactions ✔ Reliable Seat Availability & Live Tracking ✔ Customer Ratings & Reviews for Trust Great marketplaces don’t just connect buyers and sellers. They create value by organising fragmented industries, setting standards, and building trust. Similarly the long term visioned folks here at Fitsol have faced similar challenges on another sector, and we are set out to solve for this. Watch out the space for more updates. Akshay Anand Vikas Sunil Manoj Kunal Sidharth Ankit #marketplace #techenabled #fitsol #startup #fragmentedmarkets #acurioushumanbeing

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