The so-called mobility wave and digitalization opens up a plethora of business opportunities for taxi-fleet owners and taxi operators. Defining an opportunity, tapping into an existing process where many taxi fleet operators have already set the ground for automating their operations via mobile apps comes as a ringing bell for other taxi operators as well; operating & depending upon traditional environs.
In order to survive in this rapidly snowballing on-demand taxi ecosystem, the taxi owners have to come out of their shell and bring their own setup in process. Here is a step-by-step informative guide that will help you to jumpstart your own taxi startup.
1. Make a Business Model: Just do the homework with due diligence before starting with the progressive stages.
a. Every city has their own limitations, behavior, and economic range and when it comes to taxi calling, customers often have complaints with the existing bandwagons prevailing in your city. For e.g. may be the existing taxi models are not intuitive and integrated, the surge pricing in the peak hours is too much high, the taxis never come on time, per km/miles prices are too expensive or any other. Just try to size the value of the solution as per your target segment.
b. As a next step, once you’ve an alpha version of your solution ready, Taxi Bentveld confirm that your product or service will solve the pain problems of your target segment.
c. Talk to potential investors, industry experts in the taxi domain who can help you with the unbiased feedback.
2. Search a Mobile App Development Company: Now begin with searching a taxi app development company which provides robust and end-to-end taxi app development services (Driver App, Customer app, and Admin/Dispatcher Panel). Decide your budget as per their app development cost.
3. Get A Full-Fledged Taxi App: The taxi app in itself has a plethora of features which are long in the list. A right technology partner will give you a complete taxi app solution with custom app modules that can be customized as per your needs and requirements. Healthy in your budget and fit as per your business need, the solution is a go-to key to bring your business on a roll. If you’re in hurry and want to bring your business online at the earliest or just simply want to cut down the development costs from scratch, than go for white label readymade taxi app solution. In this case, you get a market-ready taxi app product which can be re-skin with your own brand name, logo and personal identity.
4. Plan and execute a local rollout of your taxi app: Start locally since there’s no better way to check the validation of a business model. That will further allow you to test costs, pricing, and customer satisfaction in a single city with minimum jeopardy and maximum speed for recovery and corrections. Note: If you own an entire taxi fleet than no wonder you’ve drivers, & only you need is a quick start. If not, than you can be an aggregator and search for driver partners, who have their own cabs and start concentrating on building up a brand.