Author: mrjain

A Better Approach to the Mumbai Parking Fines

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By now 50% of my WhatsApp groups have messages about the new parking fines that have been implemented in Mumbai (Bombay) by the MCGM (BMC). The Municipal Corporation of Greater Mumbai (MCGM) is the governing civic body of Mumbai that used to be known as the Brihanmumbai Municipal Corporation (BMC).

haha, redius!

On Sunday July 7th, the new parking rules went into effect that basically raised the fines for illegally parking your car from a few hundred Rupees to thousands of Rupees.

The notice boards were plastered all over Bombay and don’t even get me started on how bad their grammar is. Words like hereby and radius were misspelled. Which I find ironic since for decades, Indian’s have been winning the Scripps National Spelling Bee every year in America. I guess all the good spellers are in the US.

Anyways, people have been talking about how bad the infrastructure of Bombay is and this is just another kick in the balls, I take a different viewpoint. I love that the fines are high, because that is the only way people will change their behaviour and make a difference in the city. I just wish they would had taken a different approach.

They should have launched an app for the city of Mumbai and one of the features would have been for citizens to report illegally parked cars. Currently, the police have to issue a ticket which is a bottleneck and unfortunately the CCTV system is not enabled for issuing violations for illegally parked vehicles. With an app, any citizen can take a picture via the app and it would be geo-tagged and then quickly determined if the car is within 500 meters of a MCGM car park and parked illegally.

But that’s not all, the person that submitted the picture would get 10% of the fine as a reward once the fine is paid. That reward amount can be used to recharge mobile phones and if the amount is above Rs. 10,000 then that person can initiate a KYC process to transfer the money to a mobile wallet like PayTM or a bank account. Imagine the entire population would be on the lookout for parking offenders and a great way for people to earn pocket money.

In addition, they should implement a “leader board” to see who are the biggest parking offenders and who submitted the most pictures. This would bring transparency to the process and also a great way to add “gamification” to the app. One thing is for sure, monetary fines are the only way to fix the problem.

Several months ago I took an Uber to the airport and the driver was speeding on Worli Seaface. But the minute he got onto the Sealink he was going the posted speed limit. I asked the driver why he was suddenly a law abiding citizen, he said “sir you don’t know? they have cameras that give fines.” Money talks.

Apparently, the first person to get a Rs. 10,000 parking fine in Bombay.

15 Years of the Blog

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Damn, it’s been 15 years ago since I put up my first blog post.
Here is my 5 year anniversary blog post and
here is my 10 year anniversary blog post

At those intervals I waxed poetically about what I had accomplished and gave some stats. This time, I’m wondering if I’ll still be blogging at the 20 year mark. The current trend is video and even I’ve gotten into video by launching my own automotive channel on YouTube. Okay, that sounds impressive but with a smartphone anyone can shoot video and quickly upload it to YouTube.

Will videos completely replace blogging? I don’t think so, but I think more and more content creators will move to video since that’s where the users are. I was recently talking to someone who was going to write a blog post about creating an Android app and submitting it to the Play Store. He scraped the idea and decided to create a video instead. Watching the video I was able to understand when he says “click here” and clearly see what he is clicking on.

Recently, I was researching some information on how to use the Indian GST portal and the blog posts where okay but the YouTube content was amazing. And most of the content was in Hindi since that’s what the user base is speaking.

When I launched my YouTube channel everyone said I should speak in Hindi but my Hindi is fucking horrible. And now I’m paying the price, my videos are in English and the number of views is a fraction of what it would be if they were in Hindi.

Anyways, I’ll continue to blog even if the user base has moved on. Because for me this blog helps me hone my writing skillz (haha).

Incredibly Inept India

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Last month I had the chance to visit the Bandhavgarh National Park in Madhya Pradesh (MP) for a tiger safari and it was quite amazing. Bandhavgarh is a 1,500+ square kilometer park known for its large population of royal Bengal tigers and other animals like monkeys, leopards and deer. Some of the pictures taken were stunning:

I could go on and tell you how fantastic the safari was but this is not a travel blog post.

My wife and I went to Bandhavgarh with several friends and we all came back with the same conclusion that the state could do much more to generate additional tourism revenue. Tourism is a big part of the revenue for the state of MP but like so many other things in India, they get to 80% of something and feel that’s good enough.

A very simple example involves the check-in process for every safari drive. You have to go to the safari park office to get a tour guide and show your ID. This facility as you can imagine is run down and a typical Indian government office which means its crap. While our driver entered the office we sat in the the open air Maruti Gypsy (think Jeep) and on average waited 10-15 minutes. This Park office was usually 20 minutes away from the safari park gates.

Why not turn this safari park office into an amazing tourist visitor center with a coffee shop. Sell trinkets like books, t-shirts and stuffed animals for the kids. The people waiting are a captive audience who have nothing else to-do and will most likely spend money since they are excited to begin their safari journey.

Another similar opportunity to monetize is at the actual safari park gates. Many of the vehicles would line-up 30 minutes before the gates open so they can be one of the first vehicles to enter the national park. Of course, we just sat in the vehicle but again they could have built a tourist center here and bring in more revenue.

Spell check anyone? Check out the spelling for Madhya Pradesh on the back of the bus.

When I saw the above vehicle in the park with the misspelling of the state, I just chalked it up to the mantra of “hey, at least we got 80% right.” Actually, they got 12 out of the 13 letters right, which is 92% but sometimes that’s just not good enough.

  • That sign says “Zero Compromise Towards Safety”

In another attempt at getting 80% right. The sign says “Zero Compromise Towards Safety” and the ceiling above the sign is literally a clusterfuck waiting to happen. This was at the Jabalpur Airport, JLR is the airport code. And yes, another missed opportunity for monetization…JLR…as in Jaguar Land Rover (JLR). JLR is an Indian-owned company and their Land Rovers are known for their amazing off-roading capabilities and ruggedness. Yet, over the 5 days I was in Bandhavgarh I saw only one Land Rover Discovery…I mean, how is that possible???

I get it, governments move slowly but when it comes to creating more jobs and adding additional revenue to the state coffers they should move quicker to capitalize on the opportunity.

The WhatsApp Ecosystem

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Earlier this month Facebook held it’s annual developers conference and announced a couple of interesting developments for WhatsApp. Wait, what? What does Facebook and WhatsApp have to do with each other?

First let’s clear the air, Facebook has been getting raked over the coals this past year for a wide variety of issues. Then a couple of weeks ago, one of Facebooks co-founders, Chris Hughes, had an op-ed piece in the NY Times about breaking up Facebook. How many internet properties does Facebook actually have?

Surprisingly many people don’t realize that Instagram and WhatsApp are both owned by Facebook and the 3 properties together: Facebook, Instagram and WhatsApp are a social media 800 pound gorilla.

Back to WhatsApp and those interesting features they mentioned at the Facebook Developers conference. One of the biggest features is WhatsApp Product Catalogs, where users can see what products are available from a brand. This has an immense impact on SMEs that want to sell directly without going through an e-commerce platform like Amazon or Flipkart.

When I first heard about the upcoming feature I didn’t think much of it till a week ago when my wife purchased some products on Amazon.in from a brand she discovered called Pure Elements. Pure Elements is based in Mahabaleshwar, Maharashtra and uses Amazon’s Fulfillment by Amazon (FBA) service. Which means Pure Elements sends their products to Amazon’s warehouse and Amazon takes care of the warehousing, picking, packing and shipping of the product.

We received the order from Amazon and immediately realized there was an error in the shipment. Surprisingly, there was no easy way to tell Amazon that the wrong size of the product was sent. So instead, I sent an email directly to Pure Elements and they promptly fixed the issue and said that next time I should order directly. In the future with WhatsApp Product Catalogs and in-app payments via WhatsApp Payment, I could see myself contacting them directly and getting the products. And if there are any issues I can chat with them directly on the WhatsApp platform.

Currently, the alternative is that an SME needs their own company website with some dodgy payment gateway which invariably is a pain for an SME. Which is the reason why many SMEs in India prefer to use WhatsApp today for commerce even though it’s not as streamlined as it can be. These new WhatsApp features would work well for an SME such as a home baker who sells cookies and cakes.

This brings me to the ecosystem part, imagine if that SME is only going to sell via WhatsApp, then they would only need a CRM (customer relationship management) and a shipping partner. If they made it simple enough for an SME to connect to these external providers it could change the landscape. Yes, WhatsApp does have something called Business API but that’s for larger companies that have a tech team in-house.

I’m thinking something along the lines of WordPress and their entire plug-in community where users can add features to their WordPress website very fast and more importantly without any deep technical skills. A WhatsApp Plugin ecosystem could grow WhatsApp commerce transactions exponentially and spawn many new startups helping SMEs sell more through the WhatsApp platform.

Index Funds Finally Get Some Love in India

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I must say, I was pleased to see the headline in the Economic Times talking about investing in index funds (article link). And really shocked they mentioned an allocation of 25% to passive index funds. When people ask me for investment advice, I usually roll out the passive index fund speech and literally with 14 seconds people just tune out. Why? Because passive index funds (or ETFs) are boring to talk about.

It’s more exciting to talk about some hot-shot fund manager that someone has found that can outperform the markets. Remember Prashant Jain of HDFC who had the HDFC Top 200? Years ago, he WAS the talk of the town and basically was the hot shot who ran one of the best performing mutual funds. But, it was renamed Top 100 and the fund is still struggling with performance. The reason is because as a fund gets bigger and bigger they need to deploy that money and finding opportunities that outperform the general market are tougher to find.

I remember an investment professional once told me that index funds don’t work in emerging markets like India. That is absolutely garage. Most financial advisors and anyone on CNBC-TV18 will never talk about index funds or ETFs because the commissions are so low. Did you know the largest mutual fund in India is the SBI – ETF Nifty 50 at over Rs. 51,800 Cr. and the expense ratio is only 7 bps that is friggin’ crazy talk.

The tide is turning and more people are looking at these passive index funds because if you are not actively tracking the market then these instruments are great. Investing in a passive index fund is a general bet that the market/economy will do well and that’s pretty much the future of India.

Making it For India

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A couple of months ago the streaming music service Spotify was launched in India with great fanfare. I had tried Spotify about 7 or 8 years back but then they started to block IP addresses from India so I quit using the app. At first I wasn’t planning to try it again but I did and I’m so glad I did, their recommendations are spot on…no pun intended.

What really caught my attention during the launch was their pricing matrix. Yes, the monthly price is cheaper in India Rs. 119 (USD$1.70) vs the US at Rs. 693 (USD$9.99). But they also offered daily packs at Rs. 13 (USD$0.18) and weekly packs at Rs. 39 (USD$0.56) as well, almost like the FMCGs offer sachet packs of their products. Sachets – a single-use, a simple flat pouch or stick pack for powders and other runny liquids and gels.

Spotify took that concept and turned it into a digital sachet. It’s a great way to get people to try the product. This is a great example of localization of a product.

When building an app or platform and going to other markets, there is always talk about internationalization (i18n) and localization (l10n) within the technology team. 7 or 8 years ago foreign companies would sell their products in India and only focus on internationalization. For example, if an app requires a login via a phone number then they enable +91 for Indian mobile numbers.

But the trend is to go one step further and localize the app or platform for the Indian market. And that is where Spotify just nailed it with it’s very Indian pricing matrix. I’m seeing more and more companies localize for the Indian markets because that’s where the growth is as other markets are mature and growth has slowed or stalled.

UPDATE: I’ve received many emails about the confusion about internationalization and localization. For me and the teams I work with, I break it down as:

internationalization – the backend technology to enable the use of the app or platform in another country. For example: language, phone numbers, etc…

localization – the frontend that the consumer will see and you. For example: pricing, localized content, specific features for a country, etc…

The Consumer Rating Conundrum

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Remember the first time you were able to rate your Uber driver, you felt empowered. It was the coolest damn thing and for the first 30 or so trips, I would sit there and spend a couple of minutes debating what rating I should give the driver as if I was handing out a fucking Academy Award. Did the driver deserve a 5? No not really, he was speeding like Lewis Hamilton in Monaco but than his braking skills were on point. Okay, so I’ll give him a 4 star rating. Good luck next time buddy!

Now, I have a simple rule. If I get to my destination in one piece, the driver gets a 5 star rating. However, if I feel they didn’t do a good job they get a 1 start rating. I don’t have the time to split hairs between a 2, 3 or 4 star rating. In fact, it got me thinking that Uber needs to ditch the 5 star rating and just have a thumbs up or thumbs down. If you see an Uber driver with a 3.8 or 4.5 rating, do you really give a damn? I can’t really tell the difference nor do I want to spend that time analyzing his driving habits. I took an Uber so I can get some work done or take a nap before I get to my next destination. Thank you Uber, for making it my job to improve your platform!

I started to think about this entire consumer ratings system when I recently ordered a single cafe latte from Swiggy. Half the latte split and I went on Twitter to complain. After the incident, I was presented with 2 ratings, 1 for the Swiggy service and 1 for the restaurant. Again, for the delivery either you are happy or your are not. Why make the consumer rate that on a 5 star scale.

There are a host of rating systems but the grand daddy of them all is the Net Promotor Score (NPS) which is based on a scale of 0 to 10. Leave it to a consulting company like Bain & Company to come up with this beast of a system. About a year ago I got a call from a car manufacture to rate their service experience on a 10 point scale, that experience was so painful I would have rather gotten a root canal then listen to the person explain the difference between a 5 or 6 rating. I hear people always talking about their NPS score when in reality a simple thumbs up or thumbs down would be sufficient.

The 5 star rating is pretty standard across most apps, but again what really differentiates between a 3 and 4.

I recently went to a restaurant and they had a 3 star rating, which was better but then imagine getting a 2. What does that mean as a restaurant owner…people would rather eat newspapers then come to your restaurant?

In this age of liking things and attention deficit disorder (ADD), I personally think the thumbs up or thumbs down is the best system. It’s quick and easy. If you are a business owner, you can tout the number of thumbs up (or likes) you get and if you get a thumbs down you can put a process flow in place to investigate what went wrong – easy peasy.

Getting a score of 1 or 2 is just meaningless on a scale of 1 to 10, clearly the customer is not happy. Why ask them, to rate you on a scale of 1 to 10 for services:
1 = I’m so angry I want to kill you and everyone
or
2 = I’m so angry I want to kill you only

Seems illogical to me. I wish more and more companies would simplify their ratings process and make the consumers life that much easier.