The monumental app development cost for the on-demand taxi startup is pushing many from entering into this field. Even those using readymade taxi booking app scripts similar to Uber sometimes feel that the development cost crossed their early estimates. More money on development alone leaves nothing for the core business. The way in which the […]
Achieving $1 billion valuations is a dream for many. At present less than 2% of the startups have achieved this feat. Some years back reaching the one billion mark was next to impossible but now it is very much possible if the startup is steered in the right way. Startups are called Unicorn if it […]
People who are born after the 80s are called millennials and from these people, we get a peculiar pattern. Most of them are showing the least interest in buying new vehicles. The obvious reason is that when it is possible to get a luxurious cab come to us with a tap on our smartphone, then […]
Online taxi-hailing market mostly comprises of regional startups which don’t have any major financial backing. And new firms which enter this market are also bootstrapping their business. For these new and existing firms, getting an investor can be a game-changer. While there are many ways to get investment for a startup, individual angel investors and […]
The app solution is an important part of a taxi startup and it comprises of the customer mobile app, driver app, and an admin web panel. It is clear that the customer and driver app establishes a connection between the taxi startup and the users. Because of this, both these apps must have all the […]
People between the age group of 25 and 35 are the maximum users of taxi booking app. These people expect any service to give a wonderful experience to them along with the intended service. So the taxi-hailing services must also give an all around riding experience to attract them. If any taxi startups fail to […]
Many small taxi startups operating across the globe struggle to get good revenue and this is not necessarily because of very high competition. We have seen many small startups outperforming the bigger ones. Mostly the issue is at the grassroot level and by eliminating it, these startups can regain their lost glory. Now let me […]
The on-demand taxi startups are revolutionizing life around the world. Aspiring business people are looking to make full use of this by launching similar startups in their region. The first thing they start with is app development. The app establishes a connect with the users and it can’t be compromised. The type of technology stack […]
Once you have launched a brand new taxi hailing startup, you need to focus on customer acquisition and retention. There are many conventional ways of doing this, but in the fiercely competitive taxi market, it won’t work. Some innovative methods must be applied to do it. For example, some top taxi startups earnestly use features […]
Surge pricing is a concept introduced by top taxi startups. Soon after it, many small and medium startups started to use this feature. Even, yet to launch taxi hailing firms are willing to add this feature to their taxi app solution. SpotnRides, which develops taxi apps to many startups explains how surge pricing is implemented […]