Hello there! If running a business is challenging, then choosing the right business can be even more challenging. As a rudimentary step, you have to analyze whether the selected business sector will bear you fruit or not. Therefore before opting out for a business idea, make sure the business doesn’t backfire your growth.
To avoid such uncertainties, you should keep a close watch on the latest trends in the business market. If you still need help, we are on your side. In this blog, you will get to know one of the most successful and ever-growing business sectors. Stay tuned.
Taxi business- the success bearer:
Arguably, the taxi business is one of those successful businesses. Taxi services are synonymous with convenience and affordability among users. People show more affinity towards private taxis over public transport as the latter is relatively discomforting. The Statista website states that revenue from the taxi industry will be 3.261,3 million U.S. Dollars by 2024. Yes, that is the impact caused by the taxi services in the U.K.
Suggestion on the best taxi app for your business:
The penetration of several taxi services like Uber, Ola, Lyft, Grab is more than enough to prove that the taxi services are the need of the hour. If you look at the above-said taxi apps, Uber secured the top position sweeping away all the other taxi apps. The reason for this massive success lies in the fact that the company keeps innovating strategies that are parallel to modern times. It would be commendable if you follow a similar approach with Uber clone apps. Indeed, the Uber clone apps will help you bear the success of your business as it has a horde of super-cool features.
The algorithm employed in the taxi services app:
Driver pick model– Whenever users request for taxi services, the request will be mapped to the nearest available driver. If the driver accepts the request, users will receive the estimated time of arrival (ETA). If the driver rejects the request, then it will be assigned to other available drivers.
Customer pick model– Here, users are presented with the list of available drivers. Users can select the nearest available driver or the one with the highest ratings.
Features that will aid users to book the ride efficiently:
The user app:
Ride request– Users will book rides via the app by entering the pick up and drop location. The app’s user interface should be easy-to-navigate and straightforward so that users can book rides without any discomfort.
Book for others– One of the prestigious features of the app is booking rides for others. Users can book taxi rides for others from their device by entering the pickup location and drop location. Simple!
Schedule rides– Users can book taxis beforehand by making use of the scheduling feature. Users will have to mention the date and time of the taxi service they want to book.
Tracking– Users can have a close watch on the location of their taxi. Also, users can share the tracking information with their close-knit and ask them to track the vehicle.
Payment options– Users can stick to their flexible payment method from the list of payment options like cards, cash, PayPal, Stripe, or Braintree.
In-app wallet– The in-app wallet feature allows users to add money to the app’s wallet that can be used for making payments.
Invite and earn– The invite and earn is an affiliate program where you promote your business to non-users with the help of existing users. Users can invite others to join your taxi app. If they bend to the request and join the app, you can reward users with referral points. Users can redeem those points while booking a ride.
The driver app:
Accept or reject rides– As we saw earlier, the driver can either accept or reject rides that users request for.
Availability toggle– The app will assign ride requests to drivers after checking for their availability. Drivers can indicate whether they are available or not by moving the toggle button to set the preference.
Route assistance– Shorter is the route; the quicker one can reach the destination. To reach the user’s location, the app shows the most optimized route to drivers.
Digital invoice– The app fetches the driver with the amount earned on completion of the rides.
Earning report– Drivers can have a consolidated report on the total income earned by making rides.
The admin panel:
Verification– The admin will verify the profile information of users and drivers to ensure they don’t give any false information.
Vehicle tracking– The admin can observe the location of vehicles. This is to ensure that the passengers have a safe journey with the service.
Final trip report– The trip reports aid the admin to know the revenue generated from the taxi app. The report will breakdown the revenue based on trip cost and waiting charges.
Earning report- Apart from the trip report, the admin will receive an earnings report that constitutes revenue from various sources like ads, waiting charges, etc.,
Revenue generating pillars of the taxi service:
Waiting charges– You can levy waiting charges on the total fare based on the amount of time deducted in waiting.
Advertisements- Ads are constant pillars of revenue. Display ads on your app with the in-built ad-server or by infusing Google Ads or Flash Mob in your taxi app.
Premium charges– You can bestow users with advanced features that are accessible to them on a paid basis.
As the blog focuses on the development of taxi clone apps, you should know the advantages you can gain with the clone apps.
Customization- With clone apps, you can personalize your app right from the appearance (user interface) to the features. Customization is necessary as it is the only way to make your app stand out from the other taxi apps.
Scalable- Clone apps have scope for scaling up. You can scale up your app to handle more number of users or more functionalities.
Less investment- Clone apps are way cheaper than apps that are built from scratch.
Investing in the taxi apps is the justice you can ever make to your business. Launch the taxi app right away from a service provider who masters the art of building taxi clone apps. Good luck!