Types of E-Scooter with Business Models

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E-scooter is taking over the transportation
sector across the world. It has given the common
people freedom of choice and comfort in
traveling. If we believe the Statista reports, it
is expected that e-scooter apps will have around
125 million active users in 026. What Is An
Escooter App? The e-Scooter app is the modern
solution to transportation issues. It is an app
where an individual can reserve an e-scooter for
transportation purposes. 
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How Do Escooter Apps Operate? The E-scooter apps
are quite upgraded in technology. An individual
needs to download a specific app on his device
and register with his details. After that, the
app will provide him options to rent, subscribe,
and book a ride. The passenger can select as per
his choice. However, there are apps with only one
option as well.  Different apps utilize
different models of business to target a
particular market. The business models are a tool
to grow in the modern markets. It is important to
finalize your business model before launching
your own Escooter App. Currently, there are 3
main types of models observed in the E-scooter
apps.
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Types Of Escooter App Business Model 1)
Rent-Based Model In a rent-based model passenger
just needs to download the app and check for
nearby available scooters. Then going to the
nearby e-scooter the passenger needs to scan the
QR code on the vehicle through the app. After
completing this step the, the passenger is ready
to go.  However, there can be one or two more
steps before riding if the passenger is a new
user of the app. Once the passenger has completed
his journey he needs to finish the ride by
scanning the QR code again. After that, a bill
will be generated with all the charges in detail.
The customer can find it in the app. 
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2) Subscription-Based Model The
subscription-based model is gaining user interest
massively in recent times. As it provides the
customers surety of having a scooter for a
subscribed length of time at a specific fixed
price.  In this model, the customers gain the
freedom to ride as much distance as they want and
pay the same amount. This model is aimed at
retaining customers. In order to do that the apps
provide special offers and discounts in the
subscription model. 

• Key features
• In the subscription-based business model customer
  is charged upfront
• Gains customer value by providing the user
  feeling of owning a scooter
• Cybercrime is not a big threat in this business
  model

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• 3) Demand-Based Model
• Demand-based business models are quite popular in
  every sector of business. E-scooter apps can also
  achieve new heights in terms of growth by
  applying this model. 
• In demand-based business models, customers are
  provided with the app only. Through the app they
  can book an e-scooter anytime they need. The
  customer has the freedom to select from a variety
  of scooter models. Freedom of selecting from a
  wide range of scooters based on booking charges,
  features, and extra charges. 
• Key features
• Customers can rent the e-scooter through the
  application easily
• Customers have the flexibility to choose as per
  their needs

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• Features To Improve The User Experience Of Your
  Escooter App
• User verification As an e-scooter app provides a
  lot of freedom to the customer it will be great
  if the app verifies the customer. In order to
  verify that the app can accept any type of
  government-approved id.
• Wallet addition As the e-scooter apps provide
  discounts and cashback frequently it can utilize
  the wallet idea. The app can give reward points
  in the wallet which can only be redeemed by
  paying the scooter fare.

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• Fare calculator In case a customer has his
  destination pre-planned a fare calculator can be
  helpful. The customer needs to input his current
  location and destination and the fare calculator
  will sum up the charges. 
• Adding OTP system As online criminal activities
  are increasing an e-scooter app can add the OTP
  system to minimize the chances of fraud. 
• Availability An e-scooter app needs to be
  available to everyone so availability on both IOS
  and android is mandatory for growth.

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Wrapping Up E-scooter apps are a booming sector
in the market. Due to nature protection
awareness, these types of apps are also getting
the primary focus from many people. E-scooter
apps are quite simple and easy to use. As per
a recent survey, 70 of people supported
e-scooters as a better medium of transportation.
According to Statista, by 2026 e-scooter apps
will be generating revenues in a completely
online way. All these E-Scooter models are
bringing unique features and options to the
customers. However, there are risks linked with
the profits as well.