A repositioned online broker to a national independent
fleet service leader that tripled its revenues.
KeyFleet is an independent market leader in full service fleet management, a BVRLA Approved vehicle leasing brokerage backed by the leading finance houses in the United Kingdom.
Serving primarily the business fleet operator they are dedicated to serve clients through knowledgeable, highly skilled and friendly team from software solutions to fully managed fleets and risk management.
Read how we assisted their executive management team to transform their small three person online brokerage into a national leading independent fleet management company tripling their revenues.
Like many online leasing brokers, margins are constantly being pressured with the client's attitude of "cheapest price wins" often being the deciding factor on who wins the order at great detriment to KeyFleets service focused approach.
KeyFleet found it almost impossible to scale:
With a single cheapest price point leasing service
Which was dependent on other third parties
With no direct funding relationships
Supported by a fractured process high in administration and low in margin
Confusing messaging
The lack of strategy saw the KeyFleet team slipping further and further behind the leaders, who could buy in greater volumes, thus lowering their cost price and ultimately out price KeyFleet on leasing rentals.
With no alternative solutions KeyFleet were relying on winning business from a smaller sector of local companies where they could meet face to face.
The strategic process yielded a new vision and mission driven by a client focused multi product line closer to bank owned leasing providers that created a unique differentiator and additional revenue streams in the mid market sector.
The new service line included
Fleet Management
Daily Rental
Maintenance
Risk management
Fleet software
Managed Fleet Supply
The new arsenal of market leading fleet services encapsulated the products into one simple management tool that companies without a fleet manager loved and could understand without jargon.
KeyFleet were approved by the BVRLA [British Vehicle Rental & leasing Association] and secured direct funding relationships with previously unattainable providers such as Lex, Arval and other mainstream intermediary wheeled asset finance companies.
With a national UK service network covering everything from vehicle service and maintenance, tyres, accident management, rental supported by a fully operational driver helpline KeyFleet quickly outgrew its old offices and generated new employment in its local area. The team of three became seventeen in 4 short years with revenues over three times its original return.
Inbound Marketing, Sales and Client Services modules were employed to generate qualified Inbound leads, to support the #LeaseLocal outbound efforts through local representation and networking events. The results constributed to Greenarc group acquiring Keyfleet.
See how KeyFleet / Greenarc can assist you to lower your fleet operating costs and increase your risk compliance with happier drivers.
'From initially helping us understand our market and our place in it, creating a USP, branding, business strategy, client journey, and personal and staff development - 6teen30 Digital has been of immeasurable value to me personally and to the business.
They are a huge reason behind our success in turning KeyFleet from a Ford to Ferrari which also resulted in us being acquired, If you get the chance to work with Mike you won't regret it.'
