If we list down top lucrative businesses to practice these days in India, taxi business will surely make it to the top of the list. The taxi business in India is flourishing at an unimaginable fast rate where many start-ups have been witnessed to put their stakes in the sector to generate high revenues.
Taxi booking apps have contributed significantly in helping the entrepreneurs to outreach a wide range of customers in every nook and cranny of the city, state and hence the country.
You are strongly advised to stick to the tips mentioned in this article if you are willing to launch cab service in India.
Points To Consider While Starting Taxi Business In India
Before you invest in any business, it is mandatory for you to thoroughly study the subject for a planned approach. Without wasting time, let us hit to the core points that you need to consider while you launch your cab service in India.
The market is flooded with many taxi service providers, the ones that provide their service privately and the others partnering with the aggregators. However, the market, although tight, still has room to accommodate the new entries. However, the statement is subjective and what matters the most is the concept.
The most essential resource that will be required in launching a taxi business of your own will be a ‘taxi’ itself. There are two ways of having a taxi assigned to your business.
One is having a taxi or a fleet of taxis of your own. However, there is the cost-saving alternative for those with a strict budget, and that is to partner with drivers having ownership of taxis.
If the latter approach is what fascinates you, then having to invest in a taxi booking app is the best option.
Strategy For Taxi Booking Start-up
The points, as mentioned below, will guide you in your taxi service start-up and work a long way with you in making your business a big success.
App Development: Gone are the days when passengers used to wait at the taxi stop no matter if it was in the scorching sun or frosty weather. Thanks to the taxi app development that is trending these days.
Investing in customer-centric app development by an expert app development company will help you extend your services instantly to the customers by making it technologically advanced and accessible.
Not getting into the price war, too soon: The initial focus should be on delivering quality service to the passengers rather than competing at high prices that the already established brands offer.
Making the roots stronger: Instead of having high expectations for revenue generation in the initial year, focus on making the brand famous.
Marketing: Advertising your brand will help you go a long way in this business. Having a full-fledged marketing strategy will be a strong factor that boosts the sale.
Permit: Applying for the taxi permit is a vital need for your business to make it legitimate.
Essential Features For Taking Booking Mobile App
The rate of success of your on-demand taxi business does not only depend on the quality of service that you provide but also on the app development. It is vital to ensure that the customers have access to a full-fledged mobile-based application for a hassle-free taxi booking experience.
Considering the below-mentioned features for the taxi booking app development can be a wise division that might turn the fortune of the business in your favor.
Registration: Registering the user account is the first phase that the customer will come across. The app should allow the user to sign-up using an existing email address or link a social networking account.
After successfully registering the account and signing in, the user should be able to set up its user profile conveniently mentioning all the necessary details.
Tutorial: A step by step instructions to make the user familiar about the functions of the app will add convenience. It will eliminate the room for unnecessary tussles and encourage smooth navigation.
Instant search: The user should be able to instantly search for the cab in a few taps. A dedicated search bar to enter the destination location followed by automated cab detection is an essential feature for a taxi booking app.
Also, the app should be capable of detecting the customer’s location using built-in GPS features or allowing the user to manually enter the destination location.
Selecting the mode of travelling: After the user has entered the destination, the user should be able to make a selection from the various styles of transport like a hatchback, sedan, SUV, auto-rickshaw or motorbike, suiting their budget.
Payment methods: Nowadays, there are multiple modes of making a transaction. Keeping this in mind, the taxi booking app should allow the user to add their suitable mode of payment such as debit or credit card, net banking details etc.
Estimated arrival time: Once the booking is confirmed, the estimated time of arrival of the taxi should be displayed. Also, complete details of the driver and the cab such as driver’s name, contact number, taxi number, car model and color should be displayed.
In-app navigation: The passenger should be able to view real-time navigation using the GPS feature. The app should also be capable of displaying the estimated time to reach the destination and also the distance remaining.
Saving destinations: You can enrich the user experience by providing a feature for the customers to save the often or the regularly visited locations such as the office, home etc.
Rating and review: Another attempt for a customer-centric approach is to include the rating and reviews option that form one of the most essential features of the taxi booking app. It not only allows the user to rate and review the quality of services received but also helps the business owner to better scrutinize the functioning.
The taxi aggregator business is expanding at a rapid pace, making investing in the taxi app development a wise decision.
Since the launch of the taxi booking apps, traveling via a taxi had become a lot more affordable as compared to the times when these apps did not exist. The attractive prices, instant bookings, and a wide range of cabs to select from makes these popular.
With the help of a software development company, you can build a website and an app for your cab service in India.