Roads are packed with chock-a-block traffic. The persons at the wheel are stressed out with blaring horns. However, there is a viable alternative for travellers now. They can hail onto a cab and get to a destination swiftly. Are you an entrepreneur interested in the ride-hailing and ride-sharing industry? Create an on-demand taxi booking app now.
Tricks to grow your transport business with a Taxi booking app
Introduce a fleet of cars
Undoubtedly, the population is increasing in every nation. Likewise, techpreneurs like you can offer taxi booking services by ensuring 24×7 availability of cars.
For instance, passengers can book options like electric vehicles, ordinary vehicles, SUVs, and luxury cars. Moreover, the travel fare will vary depending on the location, time of booking, weather conditions, and traffic.
Accordingly, you can partner with used car dealers across nations. This will help in handling a huge demand from passengers. Further, you can offer discounts, promo codes, and coupons for students and working professionals. Besides that, you can provide carpooling options to reduce fuel consumption and the overall fare.
Obtain a customized taxi booking app
The availability of smartphones and rapid Internet penetration are the reasons why taxi booking businesses are growing. You need not incur a hefty investment for launching your ride-sharing business.
This is because an app development company will create a state-of-the-art cab booking application. It contains features like schedule ride option, GPS tracking, integrated payment gateways, an online feedback system, driver panel, ride history, a route optimization mechanism, social media login options, and an SOS button.
Moreover, you can personalize your taxi booking business. Wonder how? Digipreneurs like you can add brand elements like logo, graphic elements, themes, images, and taglines as per the requirements.
Ensure hassle-free driver onboarding
Unquestionably, passengers want to reach their destination on time. Who will guarantee that? Drivers!!. Entrepreneurs like you must hire drivers with valid licenses. Moreover, you can provide intercity and outstation services for passengers. Travelers can opt for either one-way or roundtrip as per their requirements.
Further, drivers must register on the on-demand taxi booking app. They need to submit information like age, email address, name, phone number, and location. They get ample benefits like flexible working hours, dedicated support, and instant payments.
Later, the admin of the taxi booking service app will verify their personal documents, initiate a background verification, and approve their registration. Further, they can start getting bookings after signing contracts.
Focus on customer loyalty
Increasing the user base must be the primary aim for owners of a taxi booking app. You can provide referrals to existing members. They can share the unique code with their colleagues, family members, and friends. As a result, passengers will receive a commission for every referral. They can check the total income by checking the earnings section.
This will increase the revenue of your taxi booking business. Moreover, you will get repeat bookings by introducing discounts, offers, and promo codes.
Connecting technology and Uber-Like Taxi Booking App Development
Artificial Intelligence (AI)
As soon as a customer tries to book a cab, they will be given a list of vehicles near the vicinity. How does this happen? This is because of Artificial Intelligence (AI). Comprehensive data is collected about passengers. It includes studying their travel preferences, their booking patterns, and the average number of rides per month.
Moreover, drivers can quickly reach the customer’s location. This is because they will receive a list of the shortest and fastest routes. Advanced algorithms would ensure that drivers receive bookings only near their place.
Machine Learning (ML)
Automatic is the right way to describe the emergence of Machine Learning. Cabbies take decisions based on data. It decreases the gap between the demand by commuters and the supply of taxis. Accordingly, when customers make a reservation, forecasting systems ensure that the prices are adjusted as per peaking and non-peaking hours.
Subsequently, when passengers use a taxi booking app like Uber, they will receive an update about the Estimated Time of Arrival (ETA). A combination of Natural Language Processing (NLP) and Machine Learning (ML) will share a list of ideal routes to drivers. These paths will take into account changes in traffic conditions and weather.
Optical Character Recognition (OCR)
Digitization is taking over the on-demand transportation industry. This is because driver licenses can be approved via Optical Character Recognition. Thus, cabbies can quickly register on a Taxi booking app like Uber.
Autonomous Driving
You can reduce operating costs while managing a taxi booking app. How is this possible? Self-driven vehicles. There is no need for entrepreneurs like you to hire drivers. Information about the movement of vehicles and traffic situations is known.
Driverless cars would move on roads based on sensors collected from the environment. Extensive data is collected about the interaction of drivers with vehicles and their taxis with the routes. Further, trajectories are predicted by using graphical neural networks.
Heterogeneous Causal Learning –
Promoting a taxi booking business is essential. This will give an edge against competitors in the on-demand transportation sector. Algorithms are useful in implementing promotional campaigns.
Cross-marketing is a must while sharing posts, stories, and other updates. Thus, instant messaging apps, video-sharing platforms, and social media platforms must be utilized for promotion. Rewards and offers can be offered for customers as per their commuting habits.
Moreover, this increases user engagement. They will book more taxis. Indeed, costs have to be incurred on managing online marketing campaigns. However, this is recoverable through high revenue from cancellation charges, surge fees, and lease charges.
Lane Topology –
Importantly, cabs do not just travel in cities. Passengers can also book taxis on expressways and highways. Lanes and routes are drawn using graphs and charts.
This generates results about data about unknown routes, shortcuts, and interruption-free roads. Moreover, drivers can take an appropriate route and ensure that passengers reach their location safely.
Wrapping Up
Do you have a desire to change the conventional transportation industry? Call up an app development company now for creating an on-demand taxi booking app soon.