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Droom is the only online automobile platform in India that sells both used and new automobiles and everything from bicycles to planes. Droom has helped 2.5million+ customers buy, sell, finance, insure, or inspect/certify vehicles with trust, convenience, and peace of mind backed by Droom’s managed marketplace platform and proprietary tech ...
Droom is the only online automobile platform in India that sells both used and new automobiles and everything from bicycles to planes. Droom has helped 2.5million+ customers buy, sell, finance, insure, or inspect/certify vehicles with trust, convenience, and peace of mind backed by Droom’s managed marketplace platform and proprietary tech ...
Droom is India’s first and only online marketplace for buying and selling new and used automobiles. At over 65% of the automobile transactions market share online, Droom is the largest auto portal in India. Droom is not only the largest online automobile platform in India but also the 3rd largest E-commerce company in India in terms of GMV.
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Droom is India's first and only online marketplace for buying and selling new and used automobiles. At over 65% of the online automobile transactions market share, Droom is India's largest auto portal. Droom is also India's 4th largest E-commerce company in terms of GMV.
- About Droom
- Business Model of Droom
- How Does Droom Make Money?
- Competitors of Droom
- Conclusion
- FAQs
Droom’s business began in Delhi as an online marketplace for old vehicles, but after three months, it expanded to include two-wheelers as well. The brand spread its services across 100 cities within a year. After another six months, the company began offering services such as roadside assistance, warranty, and insurance. They also expanded their se...
Droom’s tenacious business model was important in its growth and success. Let me first define what the term “business model” means before examining Droom’s business plan. A business model is a form in which an organization is built, that supports the practicability of a product or a company and portrays how an organization operates and goes forward...
Droom mainly has four sources to earn revenue that are, Service fees, Premium tools, Subscription, and Advertisements. The service fee is the main source of revenue, and this is charged on every successful transaction on the platform. This varies according to the vehicle type. The subscription plan is offered to various big auto dealers, and the co...
Droom faces major competition from companies such as Car24, CarDekho, OLX, and Quickr. Droom has several advantages over its competitors such as, it follows all the models of business and it is very efficient for buyers and sellers to get on the platform and use its services and provides an end-to-end service.
Recapitulating, Droom operates on a Business model, a plan that is well-integrated with technological advancements and a progressive model. It gives details to distinctive marketing activities. In the future, when automotive sales are expected to skyrocket, Droom will be facing tough competition, even though it has a big advantage overall.
What does Droom Company do?
Droom is India's first automobile e-commerce platform that allows you to buy and sell automobiles online.
How does Droom make Money?
Droom mainly has four sources to earn money that are, Service fees, Premium tools, Subscription, and Advertisements.
Who is the owner of Droom?
Sandeep Aggarwal is the founder of Droom.
Sep 18, 2018 · Nimbu-Mirchi. Inside the incredible world of Droom, India’s 6th largest e-commerce company. Ashish edits and writes stories at The Ken. Across subjects. In his last assignment, he was a Deputy Editor at Mint, a financial daily published by HT Media. The man smirks.
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Who is Droom – India's first automobile marketplace?
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Droom is the 3rd largest E-commerce company in India in terms of GMV and the largest online auto marketplace for buying and selling new and used automobiles with over 70% market share of the automobile transactions online. Droom is headquartered in Gurugram, India, with a team size of 450+. Droom has four marketplace formats i.e. B2C, C2C, C2B ...
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