The success of any business is measured in terms of profit and loss; this profit and loss depend on the income received and expenditure done. There is a lot more that affects your profitability and loss of business. But the crux of the matter is to control the expenditure. When you think of expanding your business on the domestic front or even at an international level, the initial expenses include legal documentation, assets and the all important office space and bodies on seats. All this will add up to a big amount which in turn will create a big hole in your pocket. But if you want to avoid that then invest in taxi app like uber.
The golden rule of any successful business is to beat the best. It is, therefore, important that you research well into the concept and identify areas where you can beat the rest of the competition so that you not only stand out and beat the competition but also become very successful in your venture. So how to you go about being unique? Be different. Look at what each and every uber taxi app business is doing and do exactly the opposite. Sounds scary? Not at all. In fact, by deviating from the normal you will definitely stand out.
The world is moving at a horrendous pace, with everyone wanting fast results, wanting things quickly, including wanting to be the next Uber or another similar start up quickly. Everyone wants to be valued at the $50 billion mark that Uber has that too quickly. This is the carrot that everyone wants to take a bite of. They think that if Uber is estimated to be worth $50 billion, they can achieve the same too by building a similar Uber taxi app and be successful too. However the truth is far from that. There is a lot to any start up other than a unique idea and a ready market.
First and foremost, think of your business as a service you want to provide, rather than just an app. It’s just possible that in your line of business, an uber taxi app is not the most important component. For every successful business there has to be strategic and financial planning, value proposition and modeling, not to forget marketing and promotion without which you really won’t have much of a business to run. Most important in any successful business is client support. Marketing and promotion will attract new clients but you need to ensure that they stay with you and support your business.
Let’s get an insight to see what it takes to be the next Uber taxi app.
Firstly you need to decide the core functionality of your taxi app like Uber. The following features are a necessity in any Uber like app.
- Registration system
- Matching system
- A gateway for payments
- Means of notification and communication
- Ratings and reviews
- Driver and car information and availability
Now that we have an idea of the features that are necessary, let’s delve into the costs involved to develop your taxi app.
The development process of your taxi app is just like any other app. It usually starts with a UX/UI design creation. You also need to decide what platform you want to use for your app, Android or iPhone, or whether you want a native or a hybrid app.
A native app is ideal for your taxi business since you want high capacity as well as reliability. However before deciding it is important to know the difference between the two.
Then comes the pricing and the time to build the app. The estimated time frame to make an Uber like app is as follows:
- Design – 200 hours
- Platform development – Over 500 hours
- Backend and Application Programming Interface – Over 400 hours
Uber taxi app
All in all the average cost of developing an app like Uber is approximately $20,000 to $30,000, but it could go up in excess of $50,000. However the total overall cost depends on how much the company is charging you by the hour for services and what features you want in your app. The more the features, the higher the cost.
There are many companies that are in the business of developing such apps, who with their expertise have become quite popular with clients all over the world. Such companies will give you your Uber taxi app at a very reasonable price; by that I mean a four figure price.
They will also configure, install and launch your app in any part of the world in the currency and language of that place. They will even white label your app for you in your brand and logo. Their rate for extras is also minimal. They are the best in the business and that is why it would be worth to while to check every vendor before you decide who will give you best value for money.