Droom is a sophisticated online platform that leverages artificial intelligence and data science to streamline the process of buying and selling both new and used automobiles in India and other developing markets. Its design caters to modern consumers by providing a user-friendly experience through various marketplace formats including Business to Consumer (B2C), Consumer to Consumer (C2C), Consumer to Business (C2B), and Business to Business (B2B). The platform also offers three distinct pricing models: Fixed Price, Best Offer, and Auction, allowing users flexibility in their transactions.
The Droom App is designed to facilitate easy interactions for both buyers and sellers in the automotive marketplace. For buyers, tools such as the Orange Book Value (OBV) allow users to find the fair market price of used vehicles, ensuring they are well-informed about the valuation. Additionally, users can utilize the ECO feature to assess the real-time condition of a vehicle and the History tool to access detailed reports based on the vehicle's registration number. Furthermore, Droom Discovery provides comparisons and reviews of new market launches, while Droom Velocity simplifies the financing process by enabling loan and insurance assistance right from the comfort of home.
One of the standout features of the Droom App is its ability to streamline the vehicle selection process. Through the Requirement, Match, and Buy (RMB) system, users can clearly communicate their needs, which in turn allows Droom to present them with suitable options for their dream vehicle. Additionally, the app offers a straightforward platform for sellers to list their vehicles at no cost, reaching up to five million potential buyers, thus making selling fast and efficient. It encourages users to become Pro-sellers, effectively allowing them to sell multiple vehicles without any financial investment.
To enhance the overall customer experience, Droom focuses on several key attributes that ensure consumer satisfaction. Users can evaluate the market price of vehicles, check the condition of used automobiles, and view the history of second-hand vehicles using their registration number. Moreover, Droom ensures that purchases are delivered directly to customers’ doorsteps, combining convenience with quality service. The app also keeps users informed with the latest news, reviews, and attractive offers in the automotive world, making Droom not just a marketplace but a comprehensive platform dedicated to the automotive needs of its users.