10 Definite Reasons Why Uber Similar App Plan is Best For your On-Demand Services Startup

Uber similar app plan is crucial for all on-demand startups

1. Nothing’s at Stake, When Acclaiming Stakeholders is Easy

The first and foremost worry about starting any business is about customer acquisition but with Uber Business Model it is extremely easy and hassle-free.

The Stakeholders for the Uber Business Model are:

The service providers are the ones who get a chance to earn from the business by associating with the business as a part of full-time or part-time employment opportunity. They can have all the flexibility they need to work and earn.

The customers have the benefit of availing the service at their own timings and flexibility that too at the steps of their door. So, if you market your Uber-like business well, you have got a whopping chance to acquire customers.

2. Quality Service is Assured and so easy customer retention is easy

The best part about the Uber Business Model is the reviews and rating system.

If you believe that the reviews and rating system is only for the service providers, then you are highly mistaken. The ratings and reviews are also meant for the customer; on the basis of their behavior the service providers can rate them.

The customer having low ratings are vulnerable to getting services easily as very few drivers readily accept their request.

Moreover, as a reward to loyalty, customers having a good rating can avail more discounts and coupons as compared to the customers with poor ratings.

On the other hand, when the service providers have a low rating, they cannot avail their bonus and discounts and certain amount is deducted as a part of their poor quality of service.

In many cases, even their employment is canceled.

All such strict policies by the Business Model compiles the driver and the customer to be qualitative in their approach.

3. Unflagging Revenue Model

There are innumerable sure-fire ways that can earn money to Uber-like business.

Just like Uber earns its share of revenue by:

· Commissions from Drivers

Uber charges an amount of commission percentage for each service, the service providers take up.

· Commissions from Service Providers

Uber charges an amount of commission percentage in the form of service charge from the service providers.

· Subscription Fees from the Drivers

This is not the revenue model from Uber but can make a great revenue model. Again, this can be classified into two categories:

Service-based subscription model and membership-based subscription model.

In the service-based subscription model, the service providers can be allowed only a fixed number of services and if the service providers wants to take up more services, they have to subscribe for the service.

In the membership-based subscription model, the service providers can choose for the membership plan consisting of a number of services they can serve.

Make sure when you introduce the subscription model, the commission model is eliminated from the scenario.

· Service Category Based Pricing

Just like Uber charges the riders on the basis of what category of cars they select, you can choose to differentiate your level of services or divide them into categories.

Here users can be charged on the basis of the service level they select.

Service category based pricing will follow the commission model. But the aspect to keep in mind is the service providers should not be charged with an extra commission fees for their level of premium service.

· Cancellation Fees

The cancellation fees are charged when either of the stakeholders cancels the service.

A fixed amount of cancellation fee is charged in case the service provider cancels for the service booked by him. During the period of one month, the number of services canceled by the service provider is counted and an amount is deducted.

Moreover, if he cancels way too many rides, the model has got criteria to dismiss the service provider from the service.

On the same lines, when the customer calls off for the service, they are charged with a fixed amount percentage of penalty.

4. Surge Charging

The niche that Uber targeted is the most well thought of. The taxi service can neither get outdated nor it can ever be replaced, at least anytime soon.

There is a high possibility of getting the demand increased during the peak traffic hours, critical weather conditions, late night hours, events, etc.

Though the Uber users heavily slammed it for the surge pricing but were so addicted that they just couldn’t stop using Uber.

This is where the model allows you to surge price for the high demand.

Apart from this, the surge price is also calculated during traffic signals and waiting time of the cabs.

So, when you are planning a niche for your own Uber for X business, make sure to consider the surge pricing instance as this model can earn you anything due to the demand.

5. Wide Marketing Possibilities

Uber left no bars behind when it came to marketing for its Business.

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· Promotional Offers

For the promotion of the rides, Uber gives away promo codes, free rides, credits, and discounts.

· Referral Model

Word of mouth still aces the list of marketing. The referral model is such that it allows the existing stakeholders to refer to their friends, families and earn some credits or discounts out of it.

This way it provides a two-way benefit for both the user and can acquire new customers.

6. Global Acceptance

The Uber business model is such that there is a wide possibility for the global acceptance.

And why not, when you have got such a powerful niche, the heavy number of service providers on-board, and highly satisfied customers, all that remains is just the analytics about the market at a global level and the launching of the business in that particular location.

The basic idea behind it is, the niche idea behind your own on-demand business should be such that it has got a high demand in the marketplace at a global level. Only then your business can reach the remunerative heights as Uber.

7. Easy Management

Every stakeholder has got their own app to map out what’s happening around the service.

Basically, there are three kinds of application associated –

· The web app for the admin to manage

· The application for the service provider

· The application for the customer

Each of these applications will have their own unique functionality and features, totally different to that of other stakeholder’s application.

Thus, there is absolutely no interference in the functionality of the stakeholder’s application, thereby providing the user with easy navigation throughout the app space.

Apart from this, the backend has all the data report and analytics about the activity within the application.

8. Varied Niches to Target for the Business

Undoubtedly, Uber is the most disruptive business today. It is obvious for the business to have many competitors. Read about the competitors of Uber here:

But the Uber Business Model is so impressive that it just did not stop with only the cab services. It went on inspiring the other businesses as well to set up their Uber business with their niche and innovation.

9. Failure Stories Teach you More Than Success Stories

We researched on the existing Uber clone businesses, noted down their flaws, and came up with the turnaround they made while blindly following Uber.

As true the statement is as a proverb, it is for true for Uber for X startups as well.

Not everybody did succeed with Uber model. There were some of the Uber clone businesses which were not fortunate enough to meet the heights of even an average of the business and final nail in the coffin was inevitable for them.

10. We Have Got Your Back

Your innovative on-demand idea, and our mobile and web development expertise. Let’s add it up and the result will be a customized and sustainable Uber for X business with the latest technological stacks.

TRooTech provides fully customized services for the distinct development of application under the campaigns we run for creating awareness about the digitalization of the business in order to empower the startups and help them build a sustainable business that can withstand in any business atmosphere.

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