The days when drivers had to drive around the town in circles looking for passengers will now be considered as ‘stone age.’ With the advent of robust taxi booking apps, the drivers and passengers are constantly connected by an invisible bridge. The drivers need not have to drive for miles anymore, searching for passengers. The app connects them effortlessly with the passengers and they keep getting regular requests from the passengers. To add more convenience the drivers will have more control over the ride-hailing app as they can accept or reject the request from passengers.
This app is a gift for passengers as they need not have to wait for a cab. Now they can get a cab directly to their location with a few simple taps on their smartphone. The integration of GPS on their smartphone makes it easy for the cab drivers to arrive at their location easily. One of the main reasons behind the popularity of these apps is that it does not burn a hole in the passenger’s pocket and creates a win-win situation for both riders and drivers. The integration of multiple payment methods makes it easy for passengers and promotes cashless payments.
Scope of on-demand taxi booking apps in the market:
Although major companies like Uber, Ola, and Lyft hold the top positions in the industry, there is no shortage of customers for new ventures. Some of the reasons behind this are, the growing number of smartphone users, increased availability of internet, and pocket-friendly services. Here are the numbers from major players in the ride-hailing industry:
- Uber is available in more than sixty-five countries and six hundred cities worldwide.
- It is estimated that more than fourteen million trips are completed every day.
- To this date, the number of trips made by Uber has surpassed ten billion.
- Lyft is being used by over twenty-three million people worldwide.
- The number of trips offered by the platform has surpassed over one billion.
- Initially started as a ride-hailing company, Lyft enterprise is valued at $15.1 billion.
- Grab is being operated in eight counties in the South Asian region.
- It has over 60% of the market share in this geographical region.
- The company is currently valued at $11 billion.
However, one cannot sustain itself in the market for a long time unless the provider offers something unique and useful. The paradigm shift created by the existing brands in the market is something that should be taken note of. The time and monetary investment of entrepreneurs are extremely important and should not go unnoticed. Here is a guide on how entrepreneurs should approach the development part of white label taxi apps.
The sensible approach towards developing a white label taxi booking app:
The app should be built with the aim of serving thousands of people on a daily basis and to serve them for a long time. There are several factors that determine the success of an application such as time, place, and audience. Make sure that you have a clear understanding of the audience before developing your application. White label taxi booking apps are the best choice when it comes to offering more value for your application. The script will be preloaded with all basic features that are required for an app to function in this niche, and so it can be easily redesigned and customized to suit your business needs.
Why should you invest in a white label taxi booking app:
Improved brand visibility:
If you own a taxi company then it will be a boost to your business as it increases your visibility in the market. In other words, it helps to get more customers at an increasing rate.
Expand your business to a new level:
One of the best chances to take your taxi business to the next level is to launch an on-demand taxi booking application. People prefer these apps because they can get a taxi at their doorstep without having to stand on the roadside for a long time.
Streamlining the automation and reducing the costs:
The integration of technology with traditional business models is the one that helps to sustain in the market. It is also an effective way to improve the user experience and offer more value to your business.
Reviews and feedback:
The users should be able to write reviews and feedback about their trips and drivers. It will help to improve your operations and users can learn more about your services from a user perspective.
Benefits of having a white label taxi booking app for your business:
One of the main advantages of having an on-demand taxi booking app for your business is that you will get more opportunities than operating on a traditional business model. You can offer the same service by taking your fleet to the online market. These apps offer a competitive edge over others in the market and offer more revenue streams for your business from the application. By making the right moves during the various phases of the app development such as planning, designing, development, testing, and deployment, you can take down your competitors in the market.
One of the reasons why entrepreneurs prefer white label apps is because of its low investment and high ROI. As these apps are highly customizable, entrepreneurs can easily integrate their brand elements such as color scheme, icon style, font, features, etc. It takes time to build an app from scratch and puts a deep hole into the entrepreneur’s pocket. Moreover, it takes time to build and launch a stable version of it. Entrepreneurs choose white-label apps as a smart move to reduce investment and get benefited in many ways.
The development team does not stop at delivering your app. They will continue to support your app by rolling regular incremental updates to clear sustaining bugs and improve the functionalities of the application. This ensures the smooth running of the business and the success of the business in the long run.
Key features to include in an on-demand taxi bookings app:
The on-demand taxi booking script package comes loaded with a separate passenger app, driver app, and an admin panel. The following are the must-have features for a white label taxi booking app:
- Digital wallet
- Cloud hosting
- Web admin panel
- Schedule cabs
- Booking history
- Google maps integration
- Analytics and reporting tools
- In-app wallet
- User interface customization
- Support for multiple payment methods
- Emergency button for driver/safety
- Review and rating options
Cost of developing a white label taxi app:
The entire cost of developing a white label taxi booking app cannot be predetermined as it involves numerous factors. The cost of developing an application will differ by the scale of your business and the number of features that you choose to integrate into your application. The cost of developing an on-demand taxi booking app will be segregated into the following services:
- Design of the application
- Multi-platform support (iOS and Android)
- Backend development
- Web development
- User interface development
- Project management
In a nutshell:
As we discussed earlier, the on-demand taxi services are widely evolving in the market. If you are planning to get into this niche, all you need to do is to find your ideal clone app development company to launch your application in the wink of an eye.