Ever since the launch of Uber, there are startups and developers taking inspiration from this business model. The Uber-like app is known for booking any rental service immediately — on-demand.
But ever wondered the revenue and business model of the Uber-like apps? Let’s find out in this blog.
Business Model
The uber business model has 3 main user groups:
Owners: They are the on-demand platform owners and bring together both the service-provider and service-needed persons in the one place.
Service Providers: They provide service to the users and gain a commission.
End-users: They are the users who come into the platform to rent the service.
The sequence of the App function
The workflow of End-user app
- End-users sign into the app and fill their personal details.
- To book a service, the end-users give their current location.
- The app searches for nearby providers to a particular radius around the user.
- The app books a provider for the user.
- The provider visits the user’s location and does the service he was assigned.
- After the end of satisfactory service, gets the pay.
The workflow of Service Provider
- The provider registers into the platform using a mobile number or email.
- Switches to online mode to find a service.
- The app allocates an end-user to their nearby current location.
- The provider goes to the end-user given location and completes their job assigned.
- Payment is done to the provider by the user.
This is a simple scenario of the working of an Uber business model.
Revenue Model
Uber clone script charges a small commission from both the passenger and service providers.
Small Commission Fee from Passengers: For each ride, passengers are charged with a small commission fee to use their service.
Small Commission Fee from service providers: For each ride, a commission is charged based on the city of operation and the type of car.
Surge Pricing: When the demand gets higher, they charge a commission higher than the regular.
Ads revenue: Whether it is in-app ads or display ads on cabs or anywhere near posters, they earn their revenue through ad-sponsored companies.
To build your app-like Uber, you can customize our pre-built uber-like app — Wooberly to any service.