CLIENT OBJECTIVE
Our client is Convenio, a US based company that operates a number of micro convenience stores and vending machines throughout the country. Convenio is considering the launch of a new product to enable convenience in passenger transportation and is seeking McKinsey’s help to determine whether or not that’s a good idea to grow their convenience business.
BACKGROUND INFORMATION
Convenio’s new value proposition is a mobile convenience store that is installed in the middle console of taxis, or private cars for ridesharing, called 'Moove'. It's a transparent box that is typically stocked with small snack items, such as chewing gums, chocolate bars, cooled drinks, but also non-food items such as personal hygiene products or phone chargers. The customer purchases an item by scanning a QR code, selecting the item, and completing the transaction via the Moove platform online. The driver then receives a confirmation and hands the article to the rider, earning a commission with each sale. Drivers will carry limited stock of products in their trunk and re-stock in selected locations through Convenio’s existing supply chain network. The CEO of the company is seeking McKinsey’s help in determining the attractiveness to pursue this business in the US.
Car Convenience (McKinsey 1st & 2nd round)
i