Why Raksul's Business Model is so successful?
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Raksul’s Company Overview
Raksul is a pioneering Japanese company that has revolutionized the printing industry with its innovative online platform. Established in 2009, the company offers a wide range of printing services, from business cards and flyers to large-format printing and promotional items. Raksul's platform connects customers with printing companies, ensuring a seamless and efficient printing process. The company is committed to delivering high-quality products, competitive pricing, and exceptional customer service. Raksul has significantly transformed the traditional printing business, making it more accessible, affordable, and convenient for everyone.
Business Model:
Raksul operates on a unique business model that leverages the power of digital technology to disrupt the conventional printing industry. The company works as an intermediary between customers and printing companies. Customers can easily place their orders on Raksul's online platform, where they can customize their designs, choose from a variety of printing options, and get instant quotes. The orders are then sent to the most suitable printing companies within Raksul's extensive network. This model allows Raksul to offer a wide range of printing services without owning any printing equipment, thus reducing overhead costs and increasing efficiency.
Revenue Model:
Raksul's revenue model is primarily based on commission from each completed order. When a customer places an order, Raksul charges the printing company a commission fee for connecting them with the customer. The company also earns revenue through its premium services, such as express delivery and advanced design options. In addition, Raksul has diversified its revenue stream by expanding into related businesses, such as Hacobell, a logistics service that offers last-mile delivery for e-commerce companies. This diversified revenue model has helped Raksul maintain a steady income, even in the face of fluctuating demand in the printing industry.
Headquater: Tokyo, Tokyo, Japan
Foundations date: 2007
Company Type: Private
Sector: Technology
Category: Crowdsourcing
Digital Maturity: Digirati
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Raksul’s Business Model Canvas
- Investors
- Japanese printing plants
- Payment gateways
- Advertisers
- Marketing
- Product design
- Product development
- Platform management
- Operations
- Customer Service
- Cloud-based platform that connects printing companies and their clients
- Raksul aims to become the Amazon of the printing industry
- Raksul's platform connects printing companies with clients and manages the entire printing process from order to delivery
- Raksul has developed a system that enables digital printing companies to quote for printing jobs easily
- The company has also developed a system that enables printing companies to manage the printing process from order to delivery
- To provide a platform that connects printing companies and customers directly
- To provide a service that allows businesses to place orders for printed material online
- To provide a system that allows printing companies to quote prices and delivery times using templates and an automated system
- Online
- Self-service
- Automation
- Social media
- Word-of-mouth
- Online advertising
- Online reputation
- Small and medium-sized enterprises
- Merchants
- Printers
- Designers
- Developers
- Small businesses
- Start-ups
- Students
- Individuals
- Freelancers
- Raksul.com
- Printers
- Telephone
- Internet
- Sales and marketing
- Development and maintenance of the platform
- IT infrastructure
- Customer service
- Legal
- Taxes
- Employees
- Offices
- It charges print shops a 10% commission on each order
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Try it freeRaksul’s Revenue Model
Raksul makes money by combining different business models. Below, you will find the list of the different monetization strategies identified for this company:
- eCommerce
- Online marketplace
- Two-sided market
- Digital
- Ecosystem
- Subscription
- Cross-selling
- Customer relationship
- Customer loyalty
- Crowdsourcing
- Data as a Service (DaaS)
- Digital transformation
- Disintermediation
- Freemium
- Online to Offline O2O
- Software as a Service (SaaS)
- Low cost
Raksul’s Case Study
Raksul's CASE STUDY
As we delve into the dynamic world of Raksul, we find a company that stands as a beacon of innovation in the printing industry. Established in 2009, Raksul has revolutionized an often-overlooked sector by integrating digital technology into traditional printing processes. Headquartered in Tokyo, Japan, this company has captured the imagination and business of countless enterprises through its game-changing platform.The Genesis of Raksul
When we look back at Raksul's beginnings, it's clear that the company began as a disruptor. Founded by Yasukane Matsumoto, Raksul was born out of the dormant potential within the traditional printing industry. At a time when digital transformation was sweeping through various sectors, printing remained unscathed by significant technological advancements. Matsumoto saw an untapped opportunity to digitize and streamline the process, effectively making high-quality print services accessible to everyone.What Makes Raksul Unique?
To understand what sets Raksul apart, we need to delve into its distinctive business model. Raksul operates as an intermediary between customers and printing companies. This online platform offers customers an easy, seamless way to place orders for printed materials. With the click of a button, users can customize their designs, choose their printing options, and get instant quotes. But the true magic happens behind the scenes. Rather than owning printing equipment, Raksul connects customers to an extensive network of printing companies. This not only reduces overhead costs but also ensures that the most suitable printing company fulfills each order. This model has dramatically increased efficiency, enabling Raksul to offer a broader range of printing services at competitive prices.Digging Deeper into the Revenue Model
Raksul's revenue model is built on commission. For every completed order, Raksul charges a commission fee to the printing company. This fee is usually around 10% of the total order value. Additionally, Raksul offers premium services such as express delivery and advanced design options, which also contribute to its revenue. Interestingly, Raksul has diversified its income streams by branching into related businesses. One notable example is Hacobell, a logistics service aimed at last-mile delivery for e-commerce companies. This diversification has added a layer of resilience to Raksul's financial health, making it less susceptible to the cyclical demand inherent in the printing industry. According to a recent financial report, these diversified services contribute approximately 20% of the company’s total revenue (Source: Raksul Investor Relations, 2023).The Platform: A Hub of Innovation
Raksul encapsulates the essence of digital transformation. Their cloud-based platform efficiently connects printing companies with clients, overseeing the entire process from order placement to delivery. This all-encompassing control ensures high-quality output and timely delivery while reducing the operational burden on both customers and printing companies. The ecosystem Raksul has cultivated is nothing short of impressive. By leveraging Data as a Service (DaaS), Raksul helps printing companies quote more accurately and manage their workflows seamlessly. Trucks and drivers are matched in real time through sophisticated algorithms, ensuring efficiency and cost-effectiveness.Customer-Centric Approach
What makes Raksul even more remarkable is its deep understanding of customer needs. Small and medium-sized enterprises, designers, developers, and even students find Raksul's services indispensable. The platform addresses functional needs by saving time, simplifying processes, and reducing effort. Beyond these practical benefits, Raksul has touched lives by providing a feeling of belonging and empowerment through accessible, high-quality print services. Moreover, by incorporating a variety of emotional and social impacts, such as exceptional design aesthetics and motivation, Raksul offers more than just printing—it provides a complete customer experience.Raksul's Impact and the Road Ahead
Raksul isn’t just a company; it’s a phenomenon in the printing world. By reimagining what’s possible through digital technology, it has redefined the printing landscape. According to Harvard Business School professor Clayton Christensen, "Disruption is not merely about technology; it's about transforming a market" (Source: Harvard Business Review). Raksul is a living testament to this philosophy. As we cast our eyes toward the future, it's clear that Raksul will continue to push the envelope. Their blending of crowdsourcing, digital ecosystems, and SaaS models provides them with a formidable competitive edge. With plans to further expand into logistics and e-commerce sectors, Raksul appears poised for even greater achievements.Conclusion
In conclusion, Raksul is a compelling case study in modern business strategy. By skillfully utilizing digital tools and innovative business models, they’ve turned traditional printing on its head. The seamless integration of technology with service has made Raksul a hallmark of efficiency, customer satisfaction, and industry disruption. It's a testament to what can be achieved when visionary thinking meets practical application. We eagerly await what Raksul will accomplish next.If you enjoyed this content, you’re in for a treat! Dive into our extensive repository of business model examples, where we’ve dissected and analyzed thousands of business strategies from top tech companies and innovative startups. Don’t miss out!