On-Demand taxi app development statutes the roost and with the evolution of acknowledged startups, the concept of on-demand taxi app development has achieved symbolic eminence. Uber was the first ever to make an on-demand taxi app model to success, now we have a lot of other on-demand taxi apps in different parts of the world including the USA, Canada, UK, India. It has been a while since on-demand taxi app development companies came into the business and started contributing to the economy of their respective companies, but if you want to be a part of this coup, you are not late.
Now building a taxi booking app is as easy as eating ice cream. Taxi booking app can work wonders for your taxi business just like it did for the following companies:
Top 3 On-demand Taxi Booking App Companies
Uber
Any time we hear the words on-demand taxi booking app, Uber is the first taxi app that comes to our mind, and naturally so. Uber brought in the revolution with its app development. It is one of the biggest on-demand taxi booking app business models in the world and has expanded its business in nearly 67 countries and 78 cities in the whole of Asia-Pacific. The main reason for Uber’s success was the trust investors showed in its business model. Not only did Uber start the popular era of on-demand taxi app, but it also started providing every service that can be well-provided on-demand. According to AngelList, Uber values at $70 billion.
Some features that are loved by riders of Uber are:
- Uber’s riders can share their ride with friends or relatives for safety purposes
- A trip can be scheduled in advance by the riders so that they do not get late
- Drivers can get a rating for future references for other riders
Lyft
Lyft follows close after Uber when talks about the popular on-demand taxi booking app business model. It is a San Francisco, California-based company ridesharing company. It is spread in more than 640 cities in the USA and 9 cities in Canada. Lyft is one of the best on-demand taxi booking app company in the USA. It makes ride-hailing safer, trustworthy, and easier for its riders. Only drivers with a valid driving license are approved by the company and it checks DMV and backgrounds of its drivers. The most liked thing about Lyft is its remarkable interface where riders can easily track their ride and get driver details. Research done by Zebra Magazine shows that the average waiting time on Lyft is 6 seconds.
Here are a few features that made Lyft so popular:
- Riders can book a ride with just a tap on their Smartphone’s screen
- Real-time track with the predicted arrival time of the ride
- Riders can pay directly from the app
- Drivers that come pick you up are professional and have the highest rating
Ola
This list would not have been complete without mentioning Ola. Ola is the fastest expanding on-demand taxi booking app development in India. It has covered more than 100 cities in India. It offers an agile way to book a cab from any place in the city. Ola has bought TaxiForSure and is one of the biggest taxi company in India. Their riders are very happy with Ola since it provides safety, cleanliness, comfortable trips, and most importantly verified drivers. It has quickly become one of the most largely used ride-hailing taxi apps in India.
Its striking features are:
- Offers economical fare prices to its riders
- It has all iOS, Android, and Windows application
- Ola gives its riders the option of cash and cashless payment
Importances of On-Demand Taxi Booking Apps
Initially, it was a little difficult for taxi businesses to have seamless management, but with the help of amazing on-demand taxi booking apps, management has become flawless and easier than before. Let’s see how is on-demand taxi apps proving to be good for taxi businesses.
1. Leverage automation at a low cost
The on-demand taxi booking apps companies have seen incredible growth in their users, as riders find it way easier to hail a cab without having to face any issues at all. All you need to do is register yourself with the application and you can travel according to your needs and demands. The taxi businesses are continuously working on making their users’ experience smoother and easier.
2. Effective market reach to bring in new customers
Besides booking taxis for a daily commute, the second-largest groups of customers for on-demand taxi apps are the tourists of that place who rent taxis for traveling. Instead of calling any taxi business, these tourists will straight away look for cabs on taxi app developments. Hence, when you have an on-demand taxi app registered on various marketplaces, you can reach new customers easily, and if your fare is decent, you can earn these new customers.
3. Real-time updates along with communication transparency
A huge problem of having people as mediators between riders and drivers in the taxi booking business is the high odds of miscommunication. Such miscommunications can lead to an unsatisfactory rider and you may start losing customers. This can also affect your brand image in a negative way. When you operate your taxi business via an on-demand taxi booking app, it acts as a direct bridge of communication between your riders and drivers. Not only that, you riders can get real-time updates of their rides. The drivers also have the complete freedom of rejecting or accepting a ride in real-time. Therefore, an on-demand taxi app can aid the communication gap between drivers and riders.
4. Higher ROI
The difference in commissions while working for a logistics service has been a loud complaint by the drivers who work for these companies. But with on-demand taxi app companies, the owners are trying to help their drivers get rid of this particular problem the most by providing them higher income. They can have their own mobile app in which they are allowed to offer services and abolish the entire commission procedure, thus helping you with higher ROI. In the long run, this can be beneficial and secure as riders will always approach you with their traveling needs.
5. Reinforced driver ability
Every driver is different and thus has a different approach to their work. It is important you manage them ardently which in turn will help them with better efficiency and higher productivity. In conventional taxi booking businesses, it is noticed that they seek feedback from riders and on their experience of using their service. If a rider has a bad experience, there is absolutely no way to make things right. But, with an on-demand taxi app, a rider can avail of this feature and it will keep the drivers on edge to be at their best behavior at all times. The drivers are also asked for feedback on a trip to make sure both the parties are on their absolute best during the ride.
6. Higher brand visibility
If you get yourselves a team of expert web developers, they can make sure that they create the user experience in a way that helps your brand image, and enhances its visibility. When a taxi booking business goes for a digital platform like an on-demand taxi app development, it becomes easy to communicate your brand values with your riders. A brand that is quick to grasp and adapt to customer expectations and is ready to make minor customizations is considered to be the best brand.
How can you generate more revenue by developing an on-demand taxi booking app?
By far, it is clear why an on-demand taxi booking app can benefit your taxi booking app business. But how can you maximize revenue by building an on-demand taxi app development? Let’s see:
It helps you understand the market
This is the most basic yet crucial area to excel in while running any kind of business. You must have taken this into consideration when you first started your taxi booking business, but did you keep up with the changing needs of riders, or even your drivers? It is highly critical that you change your way of managing your business with changing times. For you to maximize revenue in the taxi booking industry, you need to make the maximum number of people aware of your business. There is no better way of doing this than digital advertising. When you get an on-demand taxi app for your taxi booking business, you can expect it will advertise your business for the most part. Your on-demand taxi booking app will keep you updated with people’s requirements and demands, hence helping you figure out the kind of market you are dealing with.
Enhances customer loyalty
We can all agree that customer satisfaction is the key factor in growing your business successfully. As important it is to get customers, it is all the way more important to keep them. Your customers need a reason to choose your taxi services over others every time they have traveling needs. You can do that with your new on-demand taxi app, How? You can give them various offers, coupons, vouchers that they can only avail after they have completed a specific number of trips with your taxi services. You can reward your loyal customers with gift cards, etc. This will not only have your customers come back to your taxi app but will also attract new customers.
Creates a credible brand for your business
As much as this is a benefit of having an on-demand taxi app for your taxi booking business, a credible brand image will automatically help you with maximizing your revenue. A mobile app for your business will expose your business to a larger audience enhancing your credibility. Once you have gained the trust of your customers, they will view your brand as worthy of their money.
Summing Up
An on-demand taxi app development has without a doubt become a necessity for all taxi booking companies. Not only do they offer business plenty of benefits, but they also help your riders travel conveniently.
So if you are yet to own an on-demand taxi app development for your taxi booking business, contact our experts at Cypherox and get ready to maximize your revenue.
