Hi there! The taxi service industry has become synonymous with Uber for taxi services. That is the milestone Uber has reached over the years. The reason to touch this milestone is that the company keeps tweaking its strategies and comes up with solutions that find its way in offering the best taxi service to users.
As the taxi services seem to have constant growth, investors form a line towards launching a taxi app for their businesses. To be specific, business professionals are found to invest in taxi apps like Uber that will help to augment their ROI swiftly.
If you are an entrepreneur or business owner, this blog will provoke you to launch a ride-hailing business which will be of great benefit to your business.
Which country is the best to invest in the taxi business?
The taxi-hailing business will be profitable if you invest in any part of the world. But to be more specific, consider investing in California, as the state has employed certain norms that will open up possibilities for new investors. Yes, the high court of California has ordered that the taxi businesses should hire drivers as employees and not as contracts.
This order has created a stir among taxi business owners as they primarily employ drivers as contracts. If this order comes to practice, then owners will have to pay a monthly salary to its drivers than commission fees according to the number of drivers they make.
The order has not only created a wave of a stir for taxi owners who employ contract drivers but also for companies that run self-driven taxis. The intent of the blog is not to panic you but to educate you on the possibilities of launching your taxi business in California by making the best use of the current situation.
The best taxi app you can invest in that offers the best taxi service to users?
The best taxi app to start up your business is the Uber clone app. The business model and feature-set of Uber has inspired developers to build a similar taxi app but with specific alterations. You will get more inference on the clone app from the upcoming sections of this blog.
Firstly, we shall have a glimpse of the various entities that constitute the taxi service app and its features.
- The customer app
- The driver app
- The admin panel
Feature-set of the customer app:
Request rides– Users can swiftly book their rides as the app has an easy-to-use interface. Users will have to submit the pickup and drop location in the app.
Schedule rides– Users can request rides in advance by making use of the schedule ride feature. Users can pre-book their rides by entering the source and destination addresses. The in-app calendar will save the info and execute the request on the specified date.
Book for others– One of the most welcoming features of the app is the book for others. Users can book/schedule rides for their friends and families without any hassle from their app.
Live-tracking– Users can follow or track the location of their taxi via the in-app tracker. Users can also share the tracking ID with their friends/family members and allow them to track the location of the vehicle.
Estimated time of arrival (ETA) – The ETA helps users to know the time of arrival of the taxi. The app will generate the estimated time of arrival as soon as users enter the location details.
Flexible payment options- Users expect convenient payment options while booking taxis. Meet their expectations by incorporating the app with a multitude of payment options including Stripe, PayPal, Braintree, etc.,
In-app wallet– The in-app wallet feature is found to be convenient for users to make payments. Users can store a certain amount of money inside the app so that they don’t have to enter the card details every time they book a ride.
Push notifications– Push notifications play a crucial role in increasing the user engagement rate. Through push notifications, you can send app-related alerts to users instantly.
Invite and earn– The invite and earn feature benefits not only users but also your business. The invite and earn is a type of affiliate marketing, where existing users will invite new users to the app, thereby standing a chance to get reward points.
Reviews section– Users can express their opinion about your taxi service via the review section.
The driver app:
Accept or reject rides– It is entirely upto drivers whether to accept or reject rides. The app provides flexible features not only to users but also to drivers.
Toggle availability– Users’ requests will be automatically assigned to available drivers. Drivers can indicate their availability status in the app.
Route assistance– Drivers will get in-app aid in finding the shortest route to reach users’ location. The route assistance is crucial as drivers can easily reach the spot during peak hours.
Digital invoice– Drivers will receive a digital invoice that states the details of each trip and the fare received.
The admin panel:
Dashboard– The admin dashboard is the all-in-one place where the admin carries out all the management activities of the app.
Sub-admins– The admin can take help from sub-admins to manage the excess inflow of user requests.
Trip report– The admin can have a detailed report on the number of trips made by users, total fare, location details and a digital invoice.
Earnings report- The admin can get to know the total earnings from the app that constitutes revenue from various sources like ads, service charges and waiting charges.
Revenue source of the taxi app:
Waiting for charges– Users will have to pay a certain amount as a waiting charge. You can fix the waiting charge based on the waiting time.
Ads- Display ads on your app and drive revenue from it. Revenue incurred through apps will account for the majority of the revenue drive from the app.
Bringing the blog to a close, I am sure that the blog will serve as reference material if you are planning to set out your taxi service with the Uber clone app. Lots of luck!
Jennifer Atkinson is a growth hacker and marketer who helps startups in achieving online visibility and reach among their intended customers. Other than marketing and online workshops, she is interested in giving consultations for businesses that are looking to market their brand online.