Do you want to enter in the Taxi Business Market? Are you planning to have an app like Uber or Ola for your business idea? Can you design your business in such a way so that you can enter the competition with the Uber/Ola and offer the best of the services? If the answer to all these questions is yes, then you can be the next champion of the Cab booking apps.
But, to build an app offering features like Uber or Ola and enter into the App Store or Google Play Store can be quite tough. To make a place for yourself or your app in the already established Taxi business market, you need to have hassle-free and easy to use features along with creating great experiences for your drivers as well as riders.
You can hire an expert mobile app development company that can put your ideas into reality with an effortless yet professional app user interface and frictionless app features.
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How Does Uber-Ola Work?
When it comes to offering the services in the cab booking apps, you should priory know how Uber or Ola app works.
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Below we have listed the process of ride-booking through Uber/Ola in simple steps:
- Location: The first thing the user does is enter the pick-up and drop location for the ride. Generally, the pick-up location can be automatically detected through the GPS tracking system.
- Search: Once the destination has been mentioned, the user requests a cab as per the type of vehicle selected. Those requests are sent to the near-by drivers.
- Match: The request received can be accepted or rejected by the drivers. If any driver accepts the request, the user gets the notification for the same and receives the car as well as driver details. If any driver rejects the requests then that request is sent to the next near-by driver.
- Ride: For the accepted request and cab details, the passenger can track the cab’s location and know the estimated time of arrival at the pick-up location. The ride starts when the passenger takes the cab and the driver clicks on the Start button from their app. The entire ride and route can be tracked through the app.
- Payment: After the passenger reaches the destination, they can pay for the ride with the payment method they selected while booking the cab. The Ola, as well as Uber apps, offers various payment options to the passengers including cash, wallet, internet banking, card payments, etc.
- Rating: Rating or feedback is an important part of this process. The drivers, as well as the passengers, get the option to rate or give feedback for each other. These ratings help the Uber/Ola to know and enhance their features, services, driver performance, etc.
Read More: How To Keep Your App Optimized In 2019
How Many Apps Do You Need for The Cab Booking Business?
If you have decided to be in the taxi business and you are curious to get your app designed ASAP then, you should know that you need two apps for the same i.e. one for drivers and one for passengers.
The app for drivers allows them to accept the cab request, use the navigation to pick and drop the passengers, receive payments, etc. whereas the app for passengers to enable the users to book their rides, choose options for payments, track the vehicle location, manage locations, etc. Apart from these two apps, you will also need an admin panel to manage and monitor all the activities and performance.
Now, let’s go through the key features of drivers as well as the passenger’s app.
Key features to build an app like Uber-Ola for Users:
- Outstanding User Interface and User Experience design
- Geo-location and mapping
- Payment incorporation
- Account registration
- Data management
- Direct contact with the driver via the app
- Push alerts and notifications
- Estimation of the ride cost
Enhanced features:
- Advance scheduling a ride
- Managing and booking a ride for others
- Splitting fare with others
Now, let’s have a look at the key and enhanced features of the app for drivers.
Key features to include in Uber-like app for drivers:
- Optimization of the ride route
- Creating and editing personal profile
- Manage the account status i.e. ‘Active / Inactive’ option. The drivers with Active status will be visible on the map whereas the drivers with Inactive status will not appear on the map
- Contacting the passenger from the app
- Generating reports of booking history and earnings on a daily or monthly basis
- Driver reports
Enhanced features:
- Driver destinations
- Heat maps
- Free cancellation of the rides within the given time
These were the key and enhanced features of the apps for drivers and users. Lastly, you need to consider the admin panel to manage the apps, activities, and performance. It allows the admin to view the processes and manage the payments of drivers along with collecting all the necessary data.
Factors affecting the cost of Uber-like app development
As you know that you need to develop two different apps to manage the drivers and the passengers, you should also have an idea about the factors which can affect the costing of the app development. You can hire an app development company and discuss your concept of the app, business, an approximate budget, features, and other requirements to ensure that your business goals are achieved.
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Let’s view the factors that can affect the price of building an app like Uber-Ola:
- Company Type: Well-established or a Start-up?
- Features: Cost depends on the set of Key and enhanced features taken into account
- App Platform: Android, iOS or both
- Technology: A native app or a hybrid one
- Manpower: Staff to manage the business and the apps
How Much Money Does Uber Make?
Let us also discuss the earnings and revenue Uber is making in the taxi business. You may have heard that Uber was facing difficulties in making profits in the U.S.A. But, now it has started to earn the profits again from this year.
Uber-Ola or any other cab booking companies make money by taking a 25% commission on every ride booked. The prices for the rides vary not only from the city-to-city but it also depends on the demands. As the demands for the cabs increase the price per ride also increases.
To generate profit from your Uber-like app, you can consider different revenue models like charging fees from the drivers and charging fees from the passengers.