In the past few years, on-demand transportation companies have faced many remarkable and unexpected developments which totally revolutionized the taxi industry across the world. It is undeniable that the reason for the level of popularity that these companies gained is due to the brilliant business model it possessed. The gist of their business model is to aid people with transportation when they need it. Moreover, they made it possible for people to simply tap on their smartphones and get a taxi at their locations in the shortest possible time, leaving the newbies desiring for an app like this.
Soon after the launch, the taxi app businesses rapidly grew, and almost every individual around the globe started to adapt it. And a few leading taxi apps even covered nearly 600 cities globally and are valued at $50 Billion and more. Besides acquiring popularity, taxi app businesses also started to encounter many investors. These results reveal the trust of investors in these business models, and it even makes it easier for us to predict the revenue the organizations would make once they reach liquidity.
Taxi companies like Uber, Lyft, and Ola made it big within six years and managed to become great examples in the transportation industry. These achievements also inspired many new entrepreneurs to follow their business models and strategies (mostly adopting the clones). But only a few managed to grow higher.
But for newbies, all these raise a question regarding how they research the market to exceptionally cater to its target audience. In this blog, we explain our extensive research and discuss a few Uber-like business models for new ones and also for entrepreneurs who have already developed a mobile application, but didn’t see the results they expected.
Lucrative ideas to consider before investing in Uber clone app development
We discuss some examples in this section that can help set up your new Uber clone business. However, original, innovative ideas are known to stay longer in the market.
For kids
A profitable business idea, which can get you a user base of a considerable size, is developing a taxi app for children. Today, most parents who are stuck at work are unable to take their kids to extra classes and other activities.
An application like Uber can compensate for those needs with just a few clicks on the screen. Implementing the best security system into the app will ensure a tension-free ride for the kids and their parents.
For disabled people
Another profitable idea is to develop a taxi booking app for physically-challenged people who can’t walk and depend on wheelchairs. Building an app for these people can help them travel comfortably.
A few taxi companies failed in this venture. Since this service is up for the taking and is relatively new, it increases the chance of your success. Moreover, if you develop this app, it is crucial to ensure that you have taxis customized for handicaps. This prevents them from facing difficulties while booking and traveling.
For women
Providing transportation services for women has a high chance of increasing your credibility if done right. Women who travel alone during the nights and work night shifts would find it safe and convenient to hire a private car.
A service that provides such women with safe transport will be beneficial for the business and to the women hiring female drivers for your business will increase the chances of your businesses’ success.
For logistics
Investing in logistics has proven to be rewarding in the past couple of years. This business involves hiring a driver and vehicles to transport goods and materials. You can choose to create an aggregator app and combine all your transporters in a single platform and set prices accordingly. Integrating a GPS tracker, scheduled transfer, reviews, feedback, history, chat support, payment methods, etc. enhances user-friendliness.
For healthcare
Delay in transport during medical emergencies is a nightmare. An on-demand service for patients will be helpful. It can assist patients who visit hospitals and clinics regularly. It is essential to provide a safe and quick ride for patients who require transport during an emergency.
For daily transit
Creating an app that provides people with information on the availability of public transport such as bus, train, taxi, and car-pooling services is a rewarding idea as well. Users can check for different commute options from their pin location and select rides based on their preference. If you are planning on investing in an Uber-like app, then choosing this option is valuable. The app’s performance in the market will depend on how well you provide the service to the public.
For senior citizens
Senior citizens and old-age people often find it difficult to travel on buses and trains. To avoid physical discrepancies, you can serve them with comfortable rides. Integrate simple steps for booking and vehicle tracking to make it easy for them to hire your service.
For Real-time alerts
An app that offers real-time alerts and updates about bus, train, and flight arrivals will be of great use to people. The app can even alert them regarding delays and time change notifications. The app could also integrate a GPS facility to enable users to keep track of their transport statuses.
Bottom lines
The ideas we’ve discussed can give you an advantage in the market. Proper analysis of your target audience can make your app successful. With perfect planning and strategy, you can undoubtedly build a durable business of your own.
All you have to do now is to commence building a Uber clone app. Besides, if you have any other ideas, you can discuss it with our developers today.
Have an idea to startup an Uber like app business?
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.