Mobility as a Service ( MaaS) is the most revolutionizing ideology that has ever happened in the economy. Not every individual owns vehicles to travel. However, they somehow depend on public networks for their commutations. The ride-sharing services were initiated loosely based on this concept. Individuals who wish to reach a destination in a short span of time will prefer availing of this service. This literally gave birth to the introduction of taxi services.
With the advent of digitization, taxi services are transformed into ride-sharing apps where individuals can book their rides online through the app. Several brands like Uber and Lyft are perfect examples of how digital businesses are flourishing in the market. The global ride-sharing market is receiving momentous attention from entrepreneurs. In this blog, let us discuss developing an Uber clone app through which you can start your journey in the ride-sharing market. Here we go with the blog!
What is ride-sharing, and what difference does it make in the taxi industry?
Decades ago, booking a taxi cab was not an easy task. You have to try making multiple calls to the taxi agency to confirm their booking. The “waiting time” is the major factor that concerns every passenger. In order to minimize them, the concept of ride-sharing apps was introduced. Individuals can book their rides by placing their pick-up locations and destinations in the app.
However, the search mechanism of the app will connect the users with nearby drivers. This saves the time they spend waiting for their rides. This is quite simple and easy in terms of booking a ride. The success of online ride-sharing services made a huge impact in the global market. When drawing comparisons between the traditional taxi service and ride-sharing apps, there are several unlying differences. This will largely help you understand the scope for launching your Uber clone. Have a look at some of the major differences,
Easy mobility
While booking a ride through an app like Uber or Lyft, the Expected Time of Arrival (ETA) is much less because of the algorithm. The app algorithm matches the passengers’ destination with the drivers who are in the nearby vicinity. So the pick-up time and drop-off are managed swiftly. The drivers have complete freedom over accepting or rejecting the ride requests.
Fixed ride fares
The ride fares are calculated by algorithms that evaluate various conditions like travel time, distance, traffic, and uncertainties en route. The fare quotation is shared with the users at the time of booking. So they need not have to pay any higher amount at the end of their trips. However, at the time of booking, the users can go through the types of vehicles and select the one that suits them.
Diverse payment options
When it comes to ride-sharing, the app provides numerous payment options for users to choose from. In the ongoing scenario, people prefer to go with contactless transactions. So, several apps have introduced various banking opinions like net banking, UPI, card payment, etc., in their portals. This helps people carry out their rides effortlessly.
Different Types Of Rides-Sharing Services To Consider For Your Taxi Venture
When you focus to launch the ride-sharing app, it is important to consider various types embedded in it. I have listed down the different types of services in the below passages,
Ride-sharing services
This is one of the most discussed services in the taxi business. These apps allow users to enter their pick-up and drop-off locations in the app and schedule a ride accordingly. It doesn’t always have to be sharing rides with someone. This type of service is similar to taxi booking but in a digitized format. Some popular examples of ride-sharing apps are Uber, Lyft, and OLA.
Carpooling services
Carpooling services are a bit different in nature where the drivers are the one who decides the final destination. The driver will update you about his journey and travel details. The ones who are about to travel to the same destination can join them. The same will be updated in the app, and the users can book their rides through that. This is typically a ride-sharing service. BlaBlaCar and Waze Carpool are some of the carpooling app services.
Peer-to-peer car-sharing
This app is meant for those who own cars or car companies. They will rent out their cars to others who wish to go on a drive with their cars. The renters’ details will be updated in the app. The users can go through the app and request a car. The rental fares will be updated in the app so that the users can book them swiftly.
To launch the ride-sharing app, you can consider these types of services and decide your business model accordingly for your taxi app. To fast forward the development of a taxi app, consider using a ready-made taxi app solution like the Uber clone app.
Some Of The Top Grossing Taxi Services Globally
On the global front, there are successful companies like Uber, Lyft, Didi, Grab and Curb who are grooving momentous revenue. You can consider these brands and draw inspiration from each of their business models.
Wrapping Up,
The global taxi market is gearing up at a high pace leaving a wide range of scope for debutants. Gear up and cheer up for setting your strong base in the global taxi market. Grab the best app developers in the town for developing your Uber clone app successfully.
