No one saw it coming. The COVID 19 pandemic has shaken the world to the core. People around the globe are now recognizing the great importance of hygiene and well-being. For proof, the number of infected across the world is now standing at approximately 8.06 Million. Furthermore, the Personal protective equipment (PPE) sales have globally propelled by a colossal 807%.
The world is also facing an acute global economic crisis where the entire world GDP is seeing a decline of 3%.
However, despite this grim period that has enshrouded the planet, the mobile application market is gaining more popularity.
But the taxi service industry has witnessed a never before seen downfall due to this lockdown. Now that the ruling bodies are attempting to remove the lockdown to revitalize the economy, this is indeed the best time for entrepreneurs to start a ride-hailing taxi app business that comes with a lot of precautionary measures. This can be achieved via an Uber clone.
Let's see some research and analysis regarding how the taxi industry will perform after this pandemic.
Across the world, the total ride-sharing market is showing an encouraging 55.6% Year-Over-Year growth from 2020 to 2021.
The total revenue that is estimated to be generated next year is a whopping $117.34 billion.
The present total revenue of this market stands at $75.39 billion.
Despite how bad the situation is, the market growth fell only by 2%
Post the pandemic; brand new safety-related practices can very well aid entrepreneurs to obtain 70 to 80 % of the market.
As a businessperson, you can opt for an Uber clone to remain unbeaten in the present and future taxi service market.
So, what are the safety guidelines that must you integrate with an Uber clone?
(i) Putting a check on passengers:
You can limit the passengers who are availing your services to two. Thereby social distancing is maintained where everybody's safety comprising the riders and drivers is ascertained.
(ii) Using Mask Recognition Software:
The Driver base is more prone to becoming disease carriers; thereby, there is a need for them to follow several strict safety policies. Drivers must post selfies by wearing face masks. Thus, the safety of the riders is ascertained.
Uber clone apps come with Microsoft Cognitive Services that will identify face IDS, and this will serve to cut down the work for admins when it comes to authorizing the driver base to accept rides.
(iii) Creating a safety checklist:
The drivers must go by the safety checklist, which includes the likes of face masks, gloves and sanitizers. This will serve effectively in enhancing the safety of everyone associated with the ride.
(iv) Declining rides:
Should the case arise where the situation is disagreeable, then both the riders and the drivers can reject rides without any cancellation fees. This will build better trustworthiness when speaking about the Uber clone.
(v) Incorporating Ratings /Review Section:
This is done so that the users can rate how safe a given ride was, and they can also share information regarding their ride experience as well via reviews.
In this time of emergency, you can also build a loyalty base and more popularity for your Uber clone by offering rides for healthcare officers as well as by providing food and medicine-oriented delivery services.
Ways to monetize your Uber clone application:
As an entrepreneur who is looking for maximum ROI, you can get it done through several ways which are explained below:
(i) Paid Commissions:
Since the application functions as a means of a digital platform to connect the riders and the drivers, for every ride payment, you can get a commission from the amount.
(ii) Surge Pricing:
If there is a considerable demand for taxi services in a given location, you can very well increase the ride fare. It will greatly contribute to your revenue
(iii) Advertising:
Collaborate with all third-party vendors who want to brand their products via your application. This will facilitate the process of revenue on an hourly or day-by-day basis.
Conclusion:
Despite this Coronavirus pandemic, your taxi service business will see great success in the form of revenue generation if you opt for an Uber clone application. Furthermore, you will be able to continue your business effectively well enough in this promising market.
We at Uberdoo can develop robust 100% customizable, and white labelled Uber clone solutions at cost-effective prices. We offer our services in such a way that you, as an entrepreneur, are promised of several immense advantages.
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