| Parameters | ||
|---|---|---|
| Model | Model | Gasoline K8 Passenger Tricycle/Three-Wheeler 200cc Water-Cooled Engine With Six Passengers And Foot-Operated Gearshift |
| Passengers | Passengers | Six Passengers Includes The Driver (Double Passenger Seats) |
| Applications | Applications | Daily Transport of Passengers for Both Rural and Urban Area |
| Advantages | Advantages | Economic, Comfortable, Six Passengers Includes The Driver |
| Performance | Fuel Consumption | 23.33Km/L |
| Performance | fuel consumption for 100km | 4.28L |
| Performance | fuel tank capacity | 20L |
| Performance | mileage with full tank | 466km |
| Engine | Engine Type | CG200, Water-Cooled, Single Cylinder, 4-Stroke, With Negative-Pressure Air Intake |
| Engine | Displacement | 200cc |
| Engine | Bore*Stroke | 63.5*62.2mm |
| Engine | Compression Ratio | 10.2:1~10.8:1 |
| Engine | Ignition Method | C.D.I |
| Engine | Starting Mode | Electric/Kick Start |
| Engine | Transmission | International 5-Speed |
| Engine | Max. Power | 10.3(1±5%)/7500r/min |
| Engine | Max.Torque | 14.2(1±5%)/6000r/min |
| Body | Frame Keel | 40*80mm |
| Body | Cargo | / |
| Body | Rear Axle | 4 Holes, φ220 Drum Rear Axle Without Booster |
| Suspension System | Suspension System | 40*80mm Reinforced Chassis Keel + Independent Suspension (4 Holes, φ220 Drum Rear Axle Without Booster+Support Arm+Shock Absorber) + Korean Style Absorber (Rocker Arm Style) + 4.00-10 Tire |
| Body | Steel Spring Plate | Independent Suspension (Rear Axle+Support Arm+Shock Absorber) |
| Body | Front Shock Absorber | Korean Style Absorber (Rocker Arm Style) |
| Body | Tire | 4.00-10 |
| Body | Battery | 12V28Ah (Maintenance-Free) |
| Body | Wheelbase | 2230mm |
| Body | Wheel Track | 1120mm |
| Body | Overall Dimensions | 2850*1250*1750mm |
| Body | Passenger | 6 Persons Includes The Driver |
| Package | Package | SKD |
| Qty | 40GP | 24 pcs |
| Color Option | Color Option | yellow, black |
Normally we can broadly classify tricycles into the following categories:
They refer to the ways of controlling & cooling of the engine when it works. it is usually considered that the effectiveness and efficiency of water-cooling are better than air-cooling as water circulates inside the engine to dissipate heat while it comes at a higher price. The ability to dissipate heat is critical in hot places such as Africa and Southeast Asia to maintain the normal function and performance of the engine.
the proper size should be carefully selected for the cargo carriage since an oversized cargo carriage may cause the front end to tilt or the engine to struggle beyond its capability (beyond the capability of the engine power/torque) due to too much cargo loaded. It will also weaken its passability if the cargo carriage is too big. Fortunately the manufacturer normally recommend the proper size when designing;
The textured surface of the floor of a cargo carriage is not for a good look. It not only increases the carriage's friction but also increases the overall weight and strength of the carriage for better durability and load-carrying capacity.
There are typically two types of textures available in the market: one is a real texture, and the other is called a "fake texture" within the industry.
"Fake textures" are created by embossing the floor from the underside directly upward, adding no extra steel, thickness, or weight to the floor. Real texture, on the other hand, requires extra steel and weight added onto the surface of the existing cargo carriage floor, although it is difficult to distinguish between the two visually.
Of course, the cargo carriage with real texture will be heavier and cost more.
We can check the underside of the cargo carriage floor for indentations. If indentations exist, the texturing is considered as "fake texture."
Booster is actually a mechanism (a set of gears) additionally added onto the hub of the rear axle for the purpose of increasing the torque (reducing the RPM coming from the engine) and increase the ability of the vehicle to climb a slope. There are price differences among no booster, small booster and big booster.
Chongqing, Henan, Hebei, Guangdong, Jiangsu province etc. Chongqing wins its reputation by its stable quality.
The gasoline tricycle is facing a lot of competition nowadays from hand-pushed tricycles/carts, electric tricycles, diesel tricycles, and lightweight trucks. So we have to know our advantages and disadvantages and carefully select a suitable competitor to compete against.
1. The air-cooled tricycle with engine displacement below 200cc (such as 175cc and 150cc) is facing direct competition from hand-pushed tricycles, especially in places with a large supply of low-cost labor. People who are going to use this kind of product are very sensitive to price and are not going to use them for heavy-duty work. Besides, the Chongqing manufacturing system is well known for its stable quality level, not for cost-effectiveness.
2. An electric tricycle is not quite suitable for areas with inadequate power infrastructure and an unstable power supply. In the end, the battery-swapping solution turns out nothing but a gimmick. These areas are our chance.
3. A diesel tricycle engine produces more torque and is for heavier-duty work, but it is expensive. So a diesel tricycle is usually used in mining areas.
4. Lightweight trucks, especially second-hand trucks, are very popular in many African countries because they are cheap enough, easily accessible, and have good passability.
5. So the living space for gasoline tricycles is clear: it is just between diesel tricycles/lightweight trucks on one side and 200cc air-cooled gasoline tricycles on the other. We can use our 200cc or 250cc water-cooled gasoline tricycles to compete with them because:
a. our 200cc or 250cc water-cooled gasoline tricycles can do the work that air-cooled tricycles below 200cc cannot, and are even far out of reach of hand-pushed tricycles/carts.
b. 200cc or 250cc water-cooled gasoline tricycles can avoid low-price malicious competition in the low-value-added segmented market.
c. We have good/significant price advantages over diesel tricycles and lightweight trucks.
d. We have a simpler and more reliable structure than diesel tricycles or lightweight trucks, which requires less money for repairs and maintenance, and has lower fuel consumption.
e. We have a better passability than lightweight trucks.
People in the gasoline tricycle industry often say that for small-displacement (under 200cc) gasoline three-wheelers, Hebei and Henan have a temporary cost advantage – their products are a few hundred yuan cheaper than those from Chongqing. Moreover, small-displacement gasoline three-wheelers are mostly used for short-distance and light cargo transportation, not designed for heavy loads, so they don’t require high-strength cargo boxes, rear axles, suspensions, leaf springs, or tires. Therefore, Chongqing’s gasoline three-wheelers should avoid direct competition and focus on 200cc water-cooled and above models.
Personally, I think this kind of self-limitation might cause us to miss the biggest opportunity:
The product has a good profit; the product has a segmented market (really helpful in solving one real problem); the market of the product keeps good potential of growth; we have to think how much minimum investment required so I can tri-start; what kind of market is suitable for three-wheeler; how much I can make for myself in one year? and I must pay close attention to my cash flow too.
A. I know there are three directions to survive in the market: price, quality and service. But which way I should go?
Price: I cannot win my competitors by price war since they have the scale advantage. The suppliers I find, they will find them too. Besides, there is no winner in price war in long-term. It cannot make myself different from the normal businessman;
Quality: it needs time for the products to be used and recognized by people as good quality. Besides, we need a lot of product to be sold and used by people first before the quality can be recognized. So it comes to that classic question: who comes first, egg or chicken.
Service: It seems this is the only choice left for me is to do the service, more specifically customized service which will makes me distinguished from the others.
B. Product Selection:
My friend give me two options: 1. To copy one or two models which is/are popular in the current market with lower price for the consumer/high bonus for dealers/retail seller; 2. Invest the real usage scenario and eliminate unnecessary functions/components in order to gain a cost advantage without sacrificing the quality;
I would like to goes with the first option which is less risk. But more importantly, I want to emphasize that for a new comer, what can make him survive is doing less than others.
eg., a person who does and focus on one thing gains more chance of survival than someone who does 10 things at the same time because the former one can spend ten times of resource (overwhelming power) on that specific one thing than the later one. This is also seen card we are playing with in the game: imagine that someone who has been selling in 10 cities for a while and is not willing to close the other 9 sites and focus on that one site just for defeating me. While if he does not do so, he will have no enough resource and power to defeat me.
So I choose one or two models only in order to focus my resource and time
C. A Quick Turn-Over:
to some extent, a quick turn over is more important than the profit.
eg: If we invest 1 million with profit rate of 30% and just one turnover in a year, the profit=1million x 30%=300,000;
if we invest 1 million with profit of 5% and 12 turnovers in a year, the profit=1 million x 5%*12 times=600,0000;
As you see, he results are quite significantly different.
D. Start in City or in Town/Village:
rather than staying big city, I would like to go directly to small city/town with following advantages:
a. bigger room for price adjustment; b. less competition; c. cost less to have a big shop/showroom; d. easy for repairing/maintenance; e. closer to the real market; f. closer relationship with our clients.
E. Spare Parts and After-Service Always Goes First.
If customized service is the key for me to success/survive in long-term, spare parts and experienced technician/mechanician must go first. I need to hire well-trained technician/mechanician with high salary and bonus. Let them to cooperate with the factory for the list of quick-wear components and take the commonality of components into consideration. Besides, spare parts will be my another source of profit which is in a sense, much more important than the complete units in my business plan.
F. The Clients Who Have Bought my Products are the Most Valuable Asset I have.
The clients who have bought my products are the ones who know well our product and automatically our natural free dealers to introduce our product to their relatives, friends etc.
I would like to regist the chassis number of product they bought, the name, phone number and address so our service team could visit them regularly to solve their problem and introduce the bonus policy for encouraging them to ask their relatives/friends to buy from us too. Finally, we will reach a win-win not only for my dealers but also for their clients and most importantly for myself.
Step one: I treat myself as an importer first and distribute the products to my existing selling channel.
I should contact my dealers before starting as to see whether they are interested or not so I can make sure the products can be sold before they arrive at the port. I can get the payment in advance and lower the risk of overstock (a quick turn-over).
Step two: Doing above is not quite enough since the production and shipment takes a long time (four months) and there is risk of currency fluctuation and market changes. It would be best if my partner could setup a warehouse here locally and I can take whatever I need anytime. This is what a reliable partner should do. But I will not request my partner to do so at the beginning. After everything goes smoothly and both sides have made money for each other, I will have that request for my partner.
And I know my core value in this business is my selling channel and I will not let anyone touch that, even my partner.
Step three: in order to bind my partner, I will find a proper chance to convince my partner to setup a factory here with the equipment invested by him. With fixed asset investment here, it helps my partner and I to form a close relationship. Besides, a factory in Nigeria helps to reduce the duties and tax too which will bring more profit for me.
In marketing, there is what’s known as the “impossible triangle." It refers to the fact that low investment, low risk, and rapid market share growth cannot coexist. We must sacrifice at least one or two to achieve others.
It all comes down to how we make decisions and how we prioritize our current objectives. If we ignore the natural laws of business and human nature and try to have them all, we’ll end up with nothing—it’s simply a waste of effort.