In this world filled with places scattered in terms of utility, it is inevitable for people to move from one place to another. Taxi solutions could prove to be profitable businesses that will benefit the developers, the cab-drivers, the cab owners, and customers alike.
The above paragraph might have sounded like an amazing business opportunity in any locality, if not for the revolution called ‘Uber’. This $70 billion company started as an idea exchanged over a tweet between the founder and investor.
Uber needs no introduction in today’s world of business and technology. It’s an on-demand cab booking application that makes a cab available at your doorstep to take you to your preferred destination within minutes. The business offers cabs of various kinds and has even expanded its gamut of services beyond the classic notion of cabs – Uber now offers boats and helicopters, in addition to food-delivery services.
The Opportunities That Lie Ahead
Uber has tested the waters for many businesses, proving that a location-based on-demand cab service has all the credentials it takes to win in a market. The success has seen the proof in more than 600 cities across the world! The good news for businesses and aspiring entrepreneurs who would like to build an Uber-like app is that there are more than 50,000 cities in the world – Uber has only managed to cover somewhere in the vicinity of 1.2% of the total available market.
The other side of the news is that since success is proven, time is of vital importance in addition to the quality of service. This brings us to the question of how to develop an app like Uber.
There are two ways to do that. One is to build the app from scratch. However, doing that is only akin to reinventing the wheel. The other option is to go for white-label solutions.
What are the white-label solutions?
White-label solutions are products or services made available for private branding. They are developed by one company that other organizations can rebrand to make it appear as their own.
Some companies create Uber clone and let you use your brand name for a taxi app that serves your locality. white-label taxi dispatch solutions offer plenty of advantages:
Efficient – Both in time and cost
Creating an app takes time, and there is also a proportional cost involved in the process. With white-label solutions, all you need to do is to buy a pre-existing platform, make the customizations as well as minor code-changes (if required), brand it with your name, and take it to the market.
Support – From Both Company & Community
When you create your application, the support and the solutions for the issues and bugs faced have to be handled by your internal support team. However, with white-label taxi solutions, the support is available from the company that created the app for you. In addition to this, since there are many businesses that would have availed this solution, there are chances that the issue you’re facing might have already been addressed. This would make your platform more readily available.
It Makes Better Business-Sense To Go White-Label
Let’s admit it, with a proven success model it makes better sense to go for a complete set-up solution than to create one from scratch. The quicker you are in the market, the higher your chances are for success.
The Different Types of White-Label Models:
Every business has its own model of working, and to accommodate them, white-label solutions are available in different models. These models provide the flexibility of choice. Based on your revenue-generation model, you can choose the one that best suits your profits.
The Software as a Service (SaaS) Model
It’s the one with the least commitment where you pay for the company as you use the services. This model might also include a one-time fee for the initial setup. The charges are proportional to either the number of drivers or number of trips or both.
You can outright buy the code of the application, and close the commercial ties with the company that created the app. An annual maintenance charge might be payable to the company for support and updates.
The Partnership Model
The company can bill you a subscription fee, in addition to periodic commissions that work for every trip or every driver.
It’s not always innovations but even enhancements that can do great business. The ‘enhancement’ could be in your locality, or a specialization. Uber has become a de facto standard for any location-based on-demand service, and the technological core of anything that falls within that definition remains almost similar. Given the similarity, white-label solutions could well be the answer that businesses are looking for! white-label solutions are a big boon to any business model, and the on-demand taxi-dispatch industry is a resounding example of how success can be replicated!
Looking for a white label solution to launch a taxi business?
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Is this legal?
PicMix and PicYou are almost exact clones of Instagram. MyCityDeal and Wimdu are clones of Groupon and AirBnB respectively. The only thing companies can patent is methodology for achieving an action or leading to an end point. If you can figure out another way to do that, without infringing on other's IP, you totally can. We could, so we did.
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