Uber Clone And Its Business Model For The Transportational Business
At a faster rate after the advent of Uber, this online cab booking process has been skyrocketing, Do you know something interesting ? This metropolitan company have been operating in 785 areas world wide. After the massive success, their level of service has been extended like Uber Assist, Uber Auto, Uber Bike, Uber Black, UberGo, Uber Health and much more. Actually their success is where right now that we common people don’t dare to live a life without this convenience.
I will never say Uber is all showered with success and they are flawless, Based on Uber drivers and riders there are still complains and security issue that Uber has been going through, But from their side they are serious about taking safety decisions like
After seeing a success story, for sure a business man would try to stamp his feet, and that's how Lyft, Careem, Ola and other transportation company got into the field.
The Main Requirement Of This Business Is :
Business Model
Technical Support
Marketing Strategy
Business Model :
As you are sure about the transportation field you can choose from the two different business module. That is Aggregator or Ownership model,
Aggregator - You can collect all the information regarding the driver who is providing the service and when the rider request for a ride, you can allocate any one of the drivers who is nearby, it's not about technical or automation, it’s purely based on the traditional format,
Ownership Model - The currently happening online cab booking process is this ownership model. Technical and automation takes the charge and will take care of the business. For example when you book a ride with the app, it gets notified to the nearby available drivers and your ride gets started.
Technical Support
Right now according to the current era the major requirement is “ Technical Support “ It is possible through the Uber Clone Script or On demand taxi booking script. Many vendors have this MVP product which can be customized according to the business requirement to the greater extent.
Because there is no doubt the taxi venture has been in the hands of evolution, so without a choice constant innovation and updation is the most required one. ( Goferzone offers the best Uber clone script and considered as the top reliable clone script in 2019 )
Marketing Strategy : The backbone of this transportation business success is Marketing strategy, when you keenly watch the move of the already existing company you can learn more about their strategy without a degree in business administration,
For example check this
This Uber Rewards option attracts multiple already existing user to engage themselves with the Uber, Because business is not about only gravitating new customers, but also engaging old customers. More than this, they used the strategy like promo code, referral credits and much as their promotional activities.
Once you have all set this with the reliable Uber Clone app, then there is nothing to hold you back from success.
Revenue Model Of Uber
Their main revenue process is based on the commission process that is for every ride both the driver and the rider pays percentage of amount as a service charge for the Uber. Additionally the commission fee includes for the service like
The usage of app
Credit card commission
Collection and transfer of fees
Distribution of invoices to users
The second set of earning is through the promotional offering and partnership involving with third parties.
Technical Aspects Of The Business
As technical requirement is most required one, make sure to have some of the required features in the list like,
Geo Location : As real time tracking, SOS alert by sharing location and all other stuff is possible with the Map API Integration.
Payment Integration : The convenience of the multiple payment gateway grabs the reliability from the user side and it also results in a good revenue. So make sure to have a multiple payment gateways in the app.
Security Breach : Many have thought that when we use MVP product it will not be secure to go live in the market, but still we used to upgrade the Uber clone with frequent release log, so your business won't falls into any security breaches and compatible with all versions of iOS and Android.
Some of the other features and brief technical aspects are “ How Developers Built Perfect Uber Clone For The Transportation Business “
If you have any other queries regarding the business and requirements feel free to contact us at [email protected] or tap on the https://www.goferzone.com/uber-clone/ for more updates.
Best wishes for your entrepreneur journey