Before finding the best taxi app development company, know about the future, demand, current trend and the revenue model of taxi app development. And one thing you know before developing the taxi app. It is why you want to build a taxi app and how to manage the taxi app.
In the current trending days, every person is using taxi app to travel from one distance to another distance easily. The use of taxi sharing apps is gradually increasing because taxi booking is simpler and easier. So, the people show interest to use taxi apps whenever they want to go. Hailing a taxi is now just a tap away. Conventional taxi businesses are facing harsh brunt as their customers are shifting towards these app-based taxi bookings which provide a better booking experience. with this drastic shift of customers, the taxi app development is the perfect solution for local businesses to hail mobile users.
Why should one develop a taxi app?
Do you have a successful taxi business and aim to gain more recognition and earn more profits?
Then create a taxi app for your offline taxi business to earn more revenue. Already the number of countries where the taxi apps are started and earned million dollars. These taxi app market is increasing day by day and it is ideal to enhance the user engagement and retention rate. If you are an entrepreneur, who want to create a mobile app like Uber and charge a percentage from the ride, then taxi app development is the best idea for you.
If you want to start a taxi business then create a mobile app with less number of taxis or bikes. After that, increase your business with more vehicles, rentals and outstations. In 2019, bike booking apps are in trend. These bike apps are also similar to taxi apps.
Bikes replaced with taxis:
In these recent days, bikes are replaced with taxis. People will book a bike to go to their destination. The driver is also available for this type of bike apps. Owners will give the bike rentals to the passengers for user convenience.
These bike apps are also similar to taxi apps. User will signup with the account. After that fill the pickup and destination address and find the available rides. The driver will take the ride and pick up the customer and drop the customer destination location through GPS tracker. Otherwise, the driver has the option to cancel the ride. The final thing is the driver completes the ride and fill their status as available. Then the user pays the amount as online or COD and the option to rate their ride experience.
Another model is bike rentals. This model of apps does not contain drivers, it contains stations. Every station had one manager. People will book the ride for roundtrip and oneway and pays the fare amount through online. The fare is based on hours and distance. After that user gets the QR code in the mobile app. Then the user goes the nearest station and scans the QR code with the bike. After that, the user will take the bike with helmet and submit the bike after their time in the same station or different station as per their trip.
For example, take Uber. Uber launched a taxi app in the year 2009. At first, Uber started with less number of taxis, it offers peer-to-peer services to passengers in a single place. Now it is one of the big taxi app companies in the entire world. Then now we had seen the Uber success story after that, the number of businesses and entrepreneurs are looking forward to taxi app development.
This is the google trends for taxi apps. While many taxi and cab services are still stuck with inefficient features of taxi app, taxis, etc. Even a small number of taxis will grow your business up. Mobile app is the main thing for the taxi business. So, start your business with less number of taxis and provide taxis for outstations, rentals etc. Then, people use your mobile app to book taxis for small distances and for outstations also. After that increase your business like Ola and Uber.
Revenue model of bike/taxi application:
Mainly there are two ways the taxi apps earn money. One is taxi fares that are charged from passengers and the other is through promotions and partnerships that are usually involving third-parties.
Collaborating with car drivers/owners, the app owner fix a minimum charge for them based on rides. Through a taxi booking app like Uber, the driver/owner get online bookings from the mobile app and earn a commission from them. This commission will be 20-25% of the total amount charged for the ride.
During some critical conditions like heavy rains, bad weather, heavy traffic and the night time, the ride fare will be higher compared to normal time. In these days, the passengers have to face price surges on these days. Though the price surge, the passengers will book the ride because of the situation.
Apart from earning the revenue from commissions through rides, the app owner also earns money from third-party promotional partnerships from top brands like BMW, Pepsi etc. Through these third party partnerships, Uber like apps gets win situation. The taxi app development is the main thing for this big revenue.
Main features of the taxi app:
- User profile
- Push/SMS notifications
- Entering pickup/drop locations
- Request a ride
- Booking confirmation
- Track location
- Pay for the ride(wallet/COD)
- Rate Driver
- Driver account
- Track location
- Get a ride request
- Start and complete the ride
- Manage Users and Drivers
- Manage sub-admins
- Manage user requests
- Manage vehicles
- Manage rides
- Manage offers
- Manage earnings and commissions
- content management
- Ride tracking through GPS
- Sharing driver details with friends
- Refer & earn
- OTP for every ride
- Advance booking for outstations
- one-way/Round trips for outstations
- In-app chat and calls
- In-app wallet
- Multiple payment options
- Bill splitting
How much it costs to build a taxi app?
The cost to build a taxi app mainly depends on three factors like the number of platforms on which the app is developed, size and complexity of the app and the nation where the taxi app development company is located. Because different nations have different hourly rates and costs.
Taxi apps have high demand in the market. This is the one-time investment and you will get profits in a lifetime. So think about the profits not investment. If you are ready to spend more for your taxi app development, then you will get a quality and attractive taxi app for the platforms you wish to develop with advanced and additional features.
Choose the best taxi app development company:
To create a great rich feature taxi app like Uber, you can easily find the enormous taxi app development firms who offer good services and good client interactions all over the globe. Choose the best mobile app development company that would be working on your app is high-qualified and high-class.
Techweblabs is one of the best mobile app development company with the same expertise in web development too. We have teams for Android app development, IOS app development, web development who have 5+ years of experience. We already served a number of on-demand apps all over the world. Do you have any queries or have a precise quote for your timeline, call us to discuss everything now.