After Uber revolution in the taxi industry, many entrepreneurs and businesses came something with the same idea for their products and services to repeat the success. Not only did Uber provoke thousands of other small businesses and entrepreneurs to start an on-demand taxi booking app but also told what business strategy should they embrace in order to enhance customer satisfaction and witness profitable revenue.
By the year 2020, alone in the US, it is projected that the revenue of taxi services would reach 2.72 billion dollars. After Uber and Lyft, the number of automated taxi solutions has significantly increased. If businesses can provide any service on demand with enhanced customer quality, then they may be the next Uber. However, to build an app like Uber and start making profits is not that simple.
Value propositions and essential features
After Uber revolution in the taxi industry, many entrepreneurs and businesses came something with the same idea for their products and services to repeat the success. Not only did Uber provoke thousands of other small businesses and entrepreneurs to start an on-demand taxi booking app but also told what business strategy should they embrace in order to enhance customer satisfaction and witness profitable revenue.
By the year 2020, alone in the US, it is projected that the revenue of taxi services would reach 2.72 billion dollars. After Uber and Lyft, the number of automated taxi solutions has significantly increased. If businesses can provide any service on demand with enhanced customer quality, then they may be the next Uber. However, to build an app like Uber and start making profits is not that simple.