Idea Analysis Week 10: Jack On The Block

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Idea Analysis Week 10: Jack On The Block

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[box type=”success” align=”aligncenter” ]We recently came across this article ‘Jack on the Block is there for You and How by Yourstory.in’. We realised that many tenants and owners have difficulties in finding the right people when it comes to repairs and maintenance of their properties. By having all these services under one roof, Jack On The Block is being formed as a One Stop Facility Management Solution.  [/box]

Breakdown Description
Company Name Jack On The Block
Website http://www.jackonblock.com/
Problem Finding the right people to help you with household fixes can be a really big pain, especially if you have moved to a new area. Looking for a carpenter, electrician or even a plumber can be really difficult, especially someone who has a reputation and is sure to provide proper service.

  • How do you know whom to call? 
  • Is that person any good? And are they trustworthy?
  • What do they charge?

This is especially true for people who do not have a facilities manager in their premises to take care of all these details.

With many instances of fake contractors robbing tenants, there is also an issue of safety involved when allowing someone to enter your house.

Solution What Jack on The Block has done is to offer a facilities management service through a team of professional that are under one roof. Sharath Vatsa the founder, defined the most pressing points of finding the right people – namely: accessibility, reliability, safety and transparency of finding workers.What the company offers is a complete service under one brand. They have different packages to allow you to either have one time use, a subscription for a month or even a year; where they will provide facility management services that include cleaning, maintenance and repair of your property.

All staff are properly trained and are also identifiable through their uniforms and ID cards which not only provide a sense of identity, it allows for customers to be more trusting of the service.

Why We Like It Finding and working with people to maintain and make repairs at home can be very difficult. It can be tough finding the right individual contractor for each job, as prices can vary and there is no protection or assurance for the customer.By having all the services under one roof and under a package scheme, it is easier for customers to make just one call their ‘facilities manager’ to handle any maintenance or repair issues they may have.

There have also been many cases(especially in countries like India), where you get people posing as contractors, which causes a lot of distrust. With staff in uniforms and easily identifiable by ID tags, it creates a trust between the customer and the company.

Target Market
  • Households/Apartment Complexes who do not have facility management services.
  • Landlords for their tenanted property
  • Hostels
  • Hotels, Bed and Breakfasts
How Will They Make Money?
  • Subscription Services Packages(Monthly/Yearly)
  • One Time Service Offers
  • Contract Schemes
How Will They Reach the Market?
  • By approaching Building/Estate Management Committees, Property Owners
  • Flyers and Localised Advertising
  • Location Targeted Social Marketing/Advertising

 

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