Current Mobile App As Business = A Perfect On-Demand Service Business Model

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From ‘Arrive in Style’ to ‘Live in Style’, On-demand Economy Has it All

Wondering how is this possible?This is all spell cast by on-demand business model. Have a read to understand it with the example of Uber.

How does this On-Demand Model fit in routine life of consumer

on demand service business model - trootech

There are many customers waiting to get served by the on-demand services and taking the cue, the on-demand service business model has taken many industries on a whirl towards digitization. The time users get up to the time users call it a day, as we saw with the help of infographics, everything can be accommodated in the on-demand service model.

So, what exactly is On-demand service business model.

Is this a thought bubble?

Is this a short-term trend?

Is the hyper-growth we’re seeing going to slow soon?

Is it the hype created by the Uber Insiders?

Categorically, the answer is NO. The latest on-demand models have opened the door to real-time fulfillment of demands, products, goods and services, which costumers have accepted with a pace that is unprecedented.

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The on-demand service business model runs on only one business principle, “Leap into fulfilling the customer’s demand as fast as you could, as qualitatively as you could, and as economical as you could.”

on_demand_business_model_infographics_trootech

The On-Demand Economy is defined as the economic activity created by technology companies that fulfill consumer demand via the immediate provisioning of goods and services.

Supply is driven via an efficient, intuitive digital mesh layered on top of existing infrastructure networks.

The number of companies, the categories represented, and the growth of the industry is expanding at an accelerating pace. The businesses in this new economy represent the manifestation of years of technological innovation and an evolution in consumer behavior.

Guidelines for Uber-for-X Startups


While many blindly followed the Uber model and failed terribly, there are some lessons which need to be learnt and followed rigorously to be a disruptive Uber for X.

This is generally true for any startup targeting for their on-demand model or Uber for X as you name it. The best part about such business is easier customer acquisition viz. Service providers and Customers, customer retention using the word of mouth referral programs, and wide possibilities of revenue generation.

Let’s face it. There can be no business you can clone exactly as it is, simply put if there’s already one, another same business has got no meaning of existence.

So, if you planning to target the same business, you should allot some space for innovation.

But from where will this innovation come from? Find the most common lacking in the existing business, get set to derive a solution, and craft your innovation to it- the result is going to be a successful business.

uber for x growth

The three most popular niches that people target for when they build their own Uber for X are Logistics, Transportation, and Food.

So, in case when you are targeting for any such niche, the most important thing you should keep in mind is the wide competition in the marketplace.

So, how to turn out as a unique business in the vertical in this era of throat-cut competition? Simply by following these on-demand service business model rules we have summed up for you

1. Identify your Niche

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The first and foremost step to target the on-demand service model is to identify the right services that can work under the on-demand service business model.

2. Know your Audience

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For whatever niche you choose for your business, make sure you know the targeted audience.

Conduct surveys, meet with the end-users, step in their shoes, and know what kind of services will they prefer over the traditional ones. Know the demographics you need to target, know the gender of your user personas on the basis of their needs, and design your business model accordingly.

3. Explore your Niche

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The smart businesses are successful because they know the past, present and future of business very well just like Uber did know about it.
On that account, it is important for you to envisage the possibilities for the expansion of your business from the time of its very inception and monetize your brand for your expansion in a new category.

4. Related Resource for the Service

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Once planned for the targeted audience, the user behavior, the next significant aspect to be planned are the related resources for the service.
These resources are to be planned in a way that they open up a space for the expansion of the future of the business.

5. Keep What Matters, Change that Doesn’t

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You may think that your business is sure to succeed, your revenue model is sure to make you rich, your strategies are sure to acquire customers, but then you decide to re-analyse the plan and you find flaws.

This is how businesses are made stronger and stronger. While analyzing the plan, if at all you are not sure about an aspect or two, feel free to change it. Because in the long run, what will matter is a well-evaluated business plan.

6. Customer First

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No matter how full-fledged your business planning and strategy is, if you still don’t have a plan for the customer acquisition, customer retention, cross-selling, your platform is just an open ground with absolutely no interactivity.

The three most popular niches that people target for when they build their own Uber for X are Logistics, Transportation, and Food.

So, in case when you are targeting for any such niche, the most important thing you should keep in mind is the wide competition in the marketplace.

The Way Around


It is no longer a question of if the On-Demand Economy will revolutionize the way people transact or create thousands of flexible employment opportunities… THIS IS ALL HAPPENING!
So, the time is right to start the business by incorporating the on-demand economy model.
The most important thing you should keep in mind is to clone the business without tampering your innovative bug a bit. It is important to build a smart business but so is to be unique.
In that account, whatever niche you target to should serve a strong purpose and fill in a wide gap of scarcity to demand.

And when you need help developing your business WE ARE HERE JUST CLICK AWAY

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More About Author

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Vishal Nakum

Vishal Nakum is a tech enthusiast with a passion for exploring the latest developments in the world of technology. He has a keen interest in emerging technologies such as Artificial Intelligence, Machine Learning, and Blockchain, and enjoys keeping up-to-date with the latest trends and advancements in these fields. Vishal is an avid learner and is always on the lookout for new ways to expand his knowledge and skills. He is also a creative thinker and enjoys experimenting with new ideas and concepts. In his free time, Vishal enjoys playing video games and reading books on technology and science.