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Taxi Business ideas & Opportunities in 2020
Posted: May 14, 2020
Uber was launched in 2009 in San Francisco with an idea of making a mobile application, especially for taxi booking. Uber is the leading ride-hailing business worldwide. With this immense success and a huge demand, many young minds and businessmen have started investing in ride-hailing services. In order to compete directly with Uber, these companies and minds need to invest in Uber Clone App.
Uber Clone as the name suggests works seamlessly like Uber's official app. Moreover, it can get customized as per the business model and it can get registered under your own trademark name.
Taxi Business is expected to grow at a rapid rate in the future. With expected great demand in the future, everyone is doing research on future opportunities and new ideas of ride-hailing business.
Before Starting your own uber like app, the first step is to choose your service types like cab booking, private hire taxi, or the ride-sharing taxi that you will provide to your customers.
Uber Clone Business Idea & OpportunityTaxi for Kids Transportation - Specialized taxi for swift and safe traveling of kids.
Taxi for Senior Citizen - Taxi equipped with emergency first aid, for comfortable rides of the senior citizen.
Taxi for Women - These taxis are in most demand right now. Women’s safety is a priority of ride-hailing businesses.
After Party Taxi - After party taxi for safer rides of the youth.
Airport Pickup and Drop Service - Airport Taxis for fast traveling to airports.
Luxury Taxi - Luxury taxi to target the upper-class segments, these taxi charges are high as compared to normal taxis.
Wheelchair taxi for Disabled people- Taxis for specially-abled people, These taxis take care of the comfort of differently disabled people.
RideShare & Carpooling Taxi - These ride-sharing taxis are economical and are popular amongst daily travelers.
4 Method to build your own Uber Clone AppPlan the StructureYou have to focus on taxi app development and other important functionality as well like User App, Driver App, Admin / God Panel.
Technology Integration
To support an app and make it functional several different kinds of technology work together in the background. Technology that is used in Uber Clone like Google Location Service, Google Location Service APIs, Stripe PayPal’s SDK Google Wallet, etc. Smooth integration of these technologies is important to make sure the proper functioning of an app.
Fare Calculation Algorithm
Another major function you need to understand is how uber clone app calculates ride fare. Uber clone taxi app combines time and distance to provide the fare estimates to its users. In case of a traffic situation or when the driver driving speed is less than 19 km per hour, the rider is charged per minute.
Base Rate: Charges are based on time and distance of a trip.
Booking Charges: Flat charges to support operational, managing, and safety costs.
Dynamic Charges: Dynamic Charges are applied when there is less supply of the driver in the area. These times are also known as peak hours. Every taxi business charges high in peak time.
Functionality and Feature of ApplicationPassenger App: Easy Registration, Easy Taxi Booking Process( Inbuilt map feature allows to mark pickup and drop location), Booking Confirmation, Option of Ride Cancellation, Ride Tracking, Push Notification, Sos Service, Payment.
Driver App: Drivers partner with Uber. Driver app include Profile, Trip Notification/Alert, Push Notification, Messaging Option, Route Map.
Admin / God Panel: Admin manages the business, Admin has full control. Some key function include :
Ride Management, Fare Charges Management, User Management, Driver Management, Rating and Review Management, Support Management.
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