Business

How to Keep Your Driver Motivated to Take Up More Rides

The success equation of the taxi business is incomplete without drivers. But, the drivers are not employees of the taxi businesses who work in a traditional 9.00 A.M. to 5.00 P.M. schedule. Instead, they work as independent business owners who need to be enticed to make them drive more, pick-up more passengers, drop them off quickly, and again take the next drive. It’s all possible when the taxi business invests in enriching driver experience and maintain a good relationship with them. Happy Drivers = Good Business (Great Performance + High Profits + Enormous Growth) It’s a sign the relationship needs…

Technology

Uber Business Model Explained: From Start to Finish

New technologies create opportunities for start-ups to exploit the new demands resulting from the dynamic consumer behavior and expectations. For instance, Uber has only been in the market for less than a decade, but their idea has completely transformed the taxi sector. In fact, the Uber idea has inspired most of every other taxi management system we have today. This post discusses this on-demand business model from the inception of the idea to its implementation. Taxi Industry Before and After Uber The taxi business has been around for over a century, but it has remained almost the same over the…

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