The only thing that never changes is that everything changes. Every entity that emerged from this world must accede over this universal phenomenon, and there is no possible escape from it. Wait, isn’t it an in-depth study about the rise of Uber for X? Very well, it is. The paradigm mentioned above has turned the international business scene in an upside-down fashion in the disguise of COVID19. The fuming pandemic has created turbulence, and at the same time, an array of fresh opportunities beyond comprehension by any scale of business sensibilities has been created.
But don’t worry, it doesn’t require a Business Strategist to break down what’s happening in the commerce universe. To brief up in a couplet, most business operations have been heavily damaged; yet industries like on-demand delivery of food, grocery, alcohol, and other essentials have peaked and made an eccentric surge in demands and of course, revenue. The post-COVID era is touted to be dominated by these apps that track their origin from the business model of uber, popularly known as UBER FOR X.
What Is Uber For X?
Attaining adulation on-par with slang words among the business community, UBER FOR X is a euphemism for the On-Demand business model that is adaptive to any concurrent category. The ‘X’ goes for the name of the service associated with the Uber model. Brimming with versatility, the UBER FOR X model has revolutionized the delivery industry with customer-centered brand value and an attractive value proposition.
Why is that so? That’s because the business model has eased and relished even under the most tenacious situations. One can start any business he/she likes based on this model. Want to incubate a food delivery business? Eager to enter classified marketplace business? Willing to take advantage of running a grocery delivery firm? You are covered.
What Do The Numbers Say?
- The online food delivery business, core to the popularity of UBER FOR X model, has made a global revenue of over $100 Billion and tipped to cross $200 Billion in 2023.(source: BusinessWire)
- The total spending in eCommerce is touted to reach over $4 Trillion in 2020. (Source: Statista)
- The online grocery delivery is expected to cross the $200 Billion mark in 2020 and register a 24.8% CAGR. (source: Grand View Research)
- The number of online shoppers has also dramatically increased from the 1 Billion marks to around 1.5 Billion in 2020. (source: Grand View Research)
- The on-demand apps will reach a total valuation of $335 Billion in 2020-21 (source: PwC)
- The alcohol delivery industry has registered a never-seen-before 70% rise in growth in this fiscal year. (source: digitalcommerce360)
- If you take a closer look at the numbers and dive into their interconnectedness, a scintillating rise of the UBER FOR X modeled industries reminds us of the vigorous growth this particular business model offers. It is not to be missed.
What Are Some Of The Offsprings Of The Uber For X Model?
Having seen the number game, here is the list of on-demand app-based businesses that have adopted the ingenious business model and cakewalk through their path to sustained growth and successful operations.
- InstaCart, the on-demand grocery delivery app that single-handedly dominated the US essential supply market and grossed over $1 Billion.
- Lyft is the American car-pooling brand, and it’s one of the first to operate based on the Uber model.
- Postmates offers food, grocery, and alcohol delivery and is famous for its low charges and quick delivery.
- AirBnB metamorphosed the Uber approach in the Hotel-booking industry, quickly inspiring companies like OYO to follow suit.
- Doctor-on-demand is the ‘uberised’ version of the traditional service of personal doctors going rounds all over the US.
- Zeel is an on-demand massage service that’s operated over apps and promises massages within a day.
These are just a few of a big list. Many companies all over the world have benefited from the on-demand approach and the perks associated with it.
What Are The Considerations For Uber For X Apps?
The promising data and the encouraging list of successful companies based on the Uber approach should have infused the much-needed positivity. But don’t ignore the necessary considerations to make before entering the actual development process of our dream on-demand user-based business idea.
Preliminary Market Research
Market Research should precede any other business decision, and this case is no exception. It will save a ton if you have adequately known your potential customer. But this is the boon On-Demand industry; Anybody with mobile and stomach is your prospective customer! It would not cost you much to conduct proper market research, which helps you understand the trends. Some of the questions you can ask yourself are
- What is my niche?
- Where do I find expertise in that niche?
- Who are my targeted customers?
- What is the estimated cost involved?
- What is my revenue model?
- What platform do I choose to launch my app?
- Do I need a complementing website?
Understanding The Business Model
If you have a clear grasp over the sequence of our business activities and revenue creation, you are deemed to have a considerable lead over your contemporaries. The Uber for X model works effortlessly and effectively. It is at the core of an online platform that connects customers with their needs via deploying a fleet of delivery agencies. It is an extension of Amazon’s golden goose eCommerce model where you spend zero penny in producing/manufacturing a product but only delivers it to the customer. So, the business model works like this.
A customer searching a product in your platform→ You get the information→ you notify the seller/manufacturer→ collect the product, or store it on an inventory→ Deliver to the customer.
Perceiving Customer Experience
Budding business persons must understand the basis of their act of survival in the market, and generation of revenue streams aren’t from the sales themselves. Still, the experience a customer feels throughout the sales process. Anyone preferring on-demand services of, for this case, any category has certain expectations that he/she thinks only such a service can offer.
The attributes such as lightning-fast delivery and secured privacy policy drive the customer experience, which creates monetary benefits. It is imperative to design an overall strategy that provides a unique experience along the significant touchpoints of the sales journey.
The option of Minimum Viable Product
Business is, unfortunately, not a simulation where one could predict its success or failure probability. The closest thing that allows entrepreneurs to save money and time is the proposition of creating a Minimum Viable Product(MVP)- kind of a working prototype that just has the right features required to operate and devoid of any extravagant add-ons.
This allows the product to be tested and developed if it seems successful in the market and immediately and abort the project if didn’t perform at the expected level effectively arrest investment bleeding.
Probable List Of Features/values To Be Integrated
Developing an application like Ubereats should not necessarily mean to clone the Ubereats app
itself. The principal value driver of the Food Delivery business is a customer-satisfaction based Identity that resonates with your brand promise. Ubereats is known for lightning speed delivery; Zomato is known for monstrous discounts. It’s time you strategize a value that would eventually become the chief differentiator, among others. Some of the most-sought after values are:
– Fast Delivery
– Live Tracking
– Chat/Call Support
– 24*7 service
– Safe Payments
– Dine-in Options
– Scheduled Delivery
You’ll need to design your brand image through these on-demand values which, when done in the right manner, propels your possibilities of success in the market.
What Are The Applications That Could Be Developed Based On The Uber For X Model?
- Uber of Food Delivery
- Uber for grocery delivery
- Uber for Taxi
- Uber for Snack Delivery
- Uber for alcohol delivery
- Uber for medicine delivery
- Uber for booking doctors
- Uber for booking hotel rooms
- Uber for mechanical services
- Uber for laundry services
- Uber for lawyer services
And the list goes on.
Where Do I Develop An Uber For X App?
It is imperative to maximize the existing favorable conditions and know that it is the best time to start an On-demand app-based business. The best thing you can do is find a professional mobile app development firm that offers real value with a great depth of expertise in developing clone apps. Appdupe is undoubtedly your best bet in developing your Uber for X app that is simultaneously very similar to the Uber model yet original.
Launch your UBER FOR X clone app today
Marketing is my soul mate and writing is my side kick. Using my writing skills to share the knowledge of app development and upcoming technologies.
