Web Analytics Business News This Week CredR clocks Sale of over 1400 Units in a Month | Business News This Week

Aug 9, 2015

CredR clocks Sale of over 1400 Units in a Month

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In a record breaking move, CredR - India’s leading online marketplace for listing and purchasing verified, pre-owned vehicles at the fairest value, sold over 1,400 bikes in one month.

In less than a year, CredR has witnessed an aggressive surge in the sales and popularity among the bikers’ community. The lead conversion of sales through the website increased from 31% to a whopping 45%, by just servicing in three cities – Mumbai, Pune and Bangalore.

Recently, CredR also extended its disruptive service of enabling a platform for buying and selling of used bikes to Delhi. The company further plans to expand their reach to more than six cities in this financial year.

Buoyed by the initial response it received from the bike enthusiasts, CredR had unveiled a one of its kind referral programme ‘Captain Campus’ for its young patrons. The pre-designed 6 weeks initiative kicked-off from Pune popularly known as the ‘Detroit of India’. The initiative was launched simultaneously in several colleges of Pune, where students were asked to enroll themselves as referees, to help connect potential buyers with CredR. This programme shared incentives with both the buyer and referrer on the closing of a deal, through CredR. Within a short span of two weeks, the activity garnered enrollment from over 450 students that led to an unprecedented spike in its overall sales.

Through the Captain Campus programme, referees get a chance to earn Rs 1500/- on each bike sold through CredR and a win cash prizes of up to Rs. 75000/- along with a grand Trip to Bangkok on the reference of 50th bike sold. CredR also promises to give away a bike worth Rs. 30,000/- free of cost on the reference of 30th bike sold through CredR.

With the growing popularity and outstanding response gained for ‘Captain Campus’ in Pune, CredR plans to take this activity further to its young patrons residing in other parts of the country too.

Talking about the success of this initiative, Mr. Sumit Chhazed, Co-Founder, CredR.com commented, “We are overwhelmed with the phenomenal response received from our patrons, across markets. Increasingly, we are looking at strengthening our approach towards listing verified and tested bikes for buyers. Our Captain Campus initiative, along with the exclusive services offered by CredR, has been as a catalyst in enhancing the overall experience of buyers and sellers of used bikes. This will help us build trust amongst our valued patrons, and thereby, increase our customer-base across markets in India.”

CredR deals in pre-owned two wheelers that are tested and certified after rigorous checking using 80+ parameters. It aims to make the experience of buying used bikes as convenient and transparent as buying a new one. While buying a bike from CredR one can avail free test ride, free six months warranty and free 1-year roadside assistance. All bikes listed on CredR are expert approved.


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