Next Wave of Innovation with InDriver's Business Model - PowerPoint PPT Presentation

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Next Wave of Innovation with InDriver's Business Model

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inDriver is a taxi bidding app where the users decide their ride’s price and not the platform. Learn how to build the app and succeed in the competitive market. – PowerPoint PPT presentation

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Title: Next Wave of Innovation with InDriver's Business Model


1
InDrive Business Model
POWERED BY V3CUBE.COM
2
ABOUT INDRIVER
The on-demand ride-hailing market is booming and
is projected to reach US202.20 billion by 2027.
The rising demand for convenient taxi booking has
led to the launch of several e-hailing companies
after Uber, including Lyft, Grab, Curb, Ola,
Gett, and Juno. All of these taxi apps have
worked really hard to establish their names in
the market. inDriver is one of the
game-changing and unique applications that was
founded in 2013 by Arsen Tomsky and Dmitry
Gudkov. The application was built to address the
changes in the local taxi markets, especially in
remote areas! From 2014 onwards, inDriver
started expanding its operations beyond Russia,
entering international markets like Brazil,
India, Mexico, Africa, and other countries.
inDriver expanded across the world with the aim
of providing cost-effective and convenient
transportation facilities to all. Well, its
unique selling point has gathered a whopping user
base of 50 million.
3
INDRIVER APPLICATION - BUSINESS MODEL
inDriver's User Application Using the
platform, users can choose to book intercity or
local trips with ease. While booking the service,
users can set the price they wish to pay and even
select their preferred payment method.
inDriver's User Application Taxi drivers
easily and quickly make money by completing the
trips they accept on the application. Through the
platform, drivers can negotiate the ride's fare
with the users. Additionally, they can manage
their earnings and get round-the-clock chat
support or assistance with only a few clicks.
4
HOW INDRIVER APPLICATION WORKS?
  • Users need to sign-up/log into the application
    after downloading it on their iOS or Android
    devices.
  • Once they have logged into the application, users
    can input their pickup location along with the
    destination and the price they wish to pay for
    it.
  • Drivers can now view the incoming ride requests
    from the users and choose to accept or negotiate
    the offer through the application itself.
  • If the driver accepts the request, the platform
    instantly connects them with the user and shows
    the confirmed booking status. On the other hand,
    if the driver wishes to negotiate the price, they
    can send a new offer, and the system will
    automatically notify the rider about it!
  • Once the driver accepts the request, the rider
    can now see the estimated time of their arrival
    along with the live taxi's location.
  • The driver arrives at the users location, picks
    up the passenger, and starts the ride.
  • After reaching the destination, the driver ends
    the trip, and the payment is immediately
    processed from the riders end.

5
HOW TO LAUNCH AN INDRIVER-LIKE APPLICATION?
  • Build the app from scratch
  • Invest in a pre-built solution
  • As the name suggests, building the application
    from scratch means you need to hire a dedicated
    app developer firm who can help you with
  • Designing the app
  • Coding it
  • Testing it
  • Submitting and launching them on the app stores
  • Well, this is one of the most time-consuming and
    money-splurging app development methods. By
    investing in a ready-made application, you can
    quickly go live with your iOS and Android apps.
    Since these are pre-built, you dont have to
    worry about doing anything, be it designing the
    UI/UX, coding the application using Java or
    Swift, building the website, market testing, or
    fixing the bugs.

6
TIPS TO MAKE YOUR INDRIVER CLONE APP SUCCESSFUL
Integrate Commission-based Model
Charging competitive commissions from riders and
drivers can easily earn you more money! Unlike
other taxi apps that charge extravagantly, give
your users the freedom to set their ride's price,
accept/decline requests, and so on.
Include In-app Ads
Generating revenues from in-app ads is one of the
best ways to make money and succeed quickly in
the market. Ask your white-label firm to
integrate third-party Facebook or Google in-app
advertisements so that you can earn from every
single click on these ads.
7
CONCLUSION
Adopt inDrivers business model when launching
your own online taxi business if you wish for
quick success and easy profit-making. Online taxi
booking services are taking the world by storm.
As per the Global Taxi Booking Industry Report by
Taxi Butler, there has been a 2.6 average
week-over-week growth in taxi bookings in Q1 of
2023. Well, the market needs inDriver-like
professional taxi booking applications, and by
opting for a ready-made app, you can quickly
launch one! Moreover, if you want to level up
your taxi application, integrate parcel delivery
services too. Using the parcel delivery service,
your users will be able to send single and
multiple deliveries across the city with ease.
In short, with the launch of your multi-service
inDriver Clone, you can earn more profits and
capture a bigger market.
8
THANK YOU
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