Taxi applications are raking in whopping revenues. The competition for the next big taxi app is at an all-time high, and that poses a great opportunity for entrepreneurs to enter and conquer the market. Using Uber clone scripts you can get started on developing a world-class cab app with our brief guide.
The hassles that frequented individuals who wanted to alight a cab grew increasingly agonizing. As more people opted to hire taxi services to go from place to place, the demand for vehicles has increased. That, in turn, stalled cab companies from efficiently providing their services. One individual, in particular, sought a solution to the modern problem and went on to solve it in a revolutionary way. Garrett Camp, one of the founders of Uber, made hiring cabs extremely easy.
The sight of people flailing their arms on the streets to halt cabs has steeply declined. Availing transportation, whether immediately or for another time, has been simplified to just barely a few steps. The considerable amount of time that went into booking cabs through conventional ways has now been upgraded. Shorter wait times, accurate pickups and more, getting from one place to another in a taxi, has never been easier. The convenience is granted by a technology that combines the power of smartphone hardware and internet speeds, and that is a taxi application.
The demand for taxi applications is at an all-time high. Entering the market with a great strategy will prove to be highly advantageous, especially with an Uber clone app. Several facts point out the answers to the question of why right now is a great time to start up a taxi app. Let’s look at what they are.
Scope of Starting a Taxi App
The ride-hailing industry has widely propagated its services. It is raking in massive profits every year due to its increasing demand. The industry’s current revenue in 2019 has risen to $183,677 million. Such an incredible revenue has placed transportation in the list of the top 10 service industries and has given rise to clone apps such as Uber clones.
Two major transportation companies dominate large shares of the market’s total revenue. They are Uber and Lyft. Owing to a simplistic application and a dynamic business model, the two companies have ensconced themselves as leaders in the sector. Uber’s revenue as of June 2019 was $316.6 crores and Lyft gained a revenue of $215.7 crores in 2018.
The increasing demand for taxi apps projects the sector’s growth to reach a revenue of $318.8 million by 2023. The figures make it evident that venturing into the taxi app industry is lucrative and highly rewarding.
How does a Paradigm Taxi App Work?
Taxi applications follow a specific order of functions to successfully facilitate the service. The backend interaction between the customer and the driver provides both parties with the required information to commence and conclude the ride. The following processes occur in taxi apps:
- The customer books a cab on the app after selecting the ride type and the time at which it is required.
- Drivers in the customer’s radius can choose to accept or decline the ride request.
- The customer is picked up from a selected location and is dropped off at a set destination after which the payment for the trip is made.
- The customer and the driver then finally rate each other in the app.
The core model of how a taxi app works are underpinned by certain essential features. In order to build a robust application, ensuring that it has the right market-relevant elements is vital. From browsing the app to choosing locations to making payments, there are four parties involved in the entire process which Uber clone apps incorporate. They are:
- The Customer
- The Driver
- The Admin
- The Dispatcher
Each of them uses unique panels that consist of unique features that fulfill their roles.
The customer panel will have the following features,
- Social Media Login – Allows the user to sign in / sign up to an account that retrieves saved preferences and data.
- Promo codes- Referrals and promo codes benefit the referrer and the referred with additional credits and discounts on trips.
- Vehicle types – Users can choose the type of vehicle to commute in.
- Live tracking – Real-time GPS enables users to track their cabs and set locations.
- Push notifications – Users are kept informed at every step of their commute via notifications.
- Driver details – Customers receive driver information upon confirmation of their ride requests.
- Payment options – Users can pay for the trip with one of many modes, which is either through cash, debit/credit card, or online wallets.
- Review – Users can provide feedback regarding their trip after reaching their destinations.
In addition to having similar features as that of the user panel such as live tracking, push notifications, customer details, social media log in, and the review system, driver panels have,
- Earning dashboard – Drivers can view a summary of all the rides they’ve completed and how much money they’ve made.
- Service toggle – Drivers may choose to prevent their taxi applications from requesting rides.
Administrative functions can be adjusted through the Admin panel. It will have
- Dashboard – It will display all the activities ongoing through the app in addition to past history.
- Track Earnings – Admins can view how much revenue the app has made.
- Manual dispatch – Drivers can be manually assigned by admins.
- Support – Admins can notify users or drivers about any changes via in-app messages, SMSes or calls.
Dispatchers primarily view and manage vehicle resources to fulfill the demands of the app’s customers.
- Manage bookings – Dispatchers can view all the cab bookings and allot resources accordingly.
- Manual booking – Dispatchers can manually assign drivers for a trip.
In order to support the various features that make up an app, it is important to employ up-to-date technology stacks.
The following technology supports the application.
- Push notifications – Google Firebase Cloud Messaging (FCM) for Android, and Apple Push for iOS phones.
- SMS notifications – Twilio, Plivo, Nexmo, Tropo, and Sinch.
- Payment gateway – Paypal, Stripe, Braintree, Paytm, PayPal mobile SDK.
- GPS – OpenStreetMap API for both iOS/Android can be used. For Android – Google Maps, Google Location Services API, and for iOS devices – MapKit or CoreLocation framework.
- Real-time connection – Socket.IO, WebRTC (Voice & Video Call).
- Email notification – SMTP, Mandrill.
- Database – MySQL, MongoDB, Firebase.
- Cloud servers – Google Cloud Platform, Amazon Web Services (AWS), Microsoft Azure, Adobe.
- Web-based frontend – Angular.JS, React.JS, Backbone, Ember.
- Mobile-based frontend – Java, Kotlin for Android, & Swift for iOS.
- Backend development – Node.js, Python, Java, PHP, Ruby on Rails.
Cost of Developing a Taxi App
You would have to invest anywhere between $25000 and $55000 to develop a taxi app that contains all of the current market-standard essential features right from scratch. But with an Uber clone app, the investment amount reduces drastically. Using a clone to build your app saves you time, resources, gets your app to the market quickly and gives you full scalability and customizability options.
Building a taxi app is well worth the time and resources. Future prospects of the growing industry show great promise for upcoming entrepreneurs to enter the market. Various companies that specialize in app development have sprung up with the increase in demand for mobile applications. They have begun to offer clone apps that offer the same features as the app it is cloned from. Clone apps have become a popular option among entrepreneurs who are looking to build an app in the quickest, cost-effective way.
AppDupe is a curated marketplace for clones of popular mobile and web apps. They provide excellent solutions for building world-class taxi applications.
Author Bio Jennifer Atkinson is a Growth hacker and marketer for Appdupe’s Uber clone product. She loves to find new business ideas and helps startup entrepreneurs with business consultation. She has a specialty in writing about startup ideas, feasible business recommendations, etc.