The taxi market has been in the uptrend for a long time now. An online app will be the most productive tool for your business. If you are an existing taxi business owner or an entrepreneur who wants to launch an app, then you can choose the Ola clone app. It is a feature-rich and whitelabeled app solution that can be customized in accordance with your business needs. A few facts about the taxi industry is specified here:
- The ride-sharing industry will amount to $220 billion by the year 2025.
- The industry will grow at a CAGR of about 20%.
- The average revenue per user currently amounts to $220.40.
- More than 3 million drivers are working in the ride-sharing industry.
What are the must-have features of the Ola clone app?
The online taxi app has a set of essential app attributes that will make the app feature-rich:
Build a profile:
Users can create a profile when they register with the app. A few necessary details should be specified in the app to build a profile. Drivers will be provided with an additional section where they can fill in a description for themselves.
Easy location tracking:
With the help of the GPS feature, drivers and passengers can view each other’s live location when required. The estimated arrival time will also be displayed in the app.
Fare calculator:
The app will also contain a fare or estimate calculator that will calculate the fare based on certain factors such as distance, type of ride, and more, and displayed to users before confirming a request.
Secure payment methods:
The app consists of several payment gateways that will help passengers pay securely. Payment modes such as credit/debit cards, net banking, UPI payment, etc., are available.
Push notifications:
Information on offers, ride status, payment status, and more will be sent via text messages, in-app notifications, and emails.
Ride-sharing feature:
This feature will enable you to share the ride with other passengers. Riders who are traveling on the same route can take up a ride together, and the fare will be split up.
Ride types:
There are multiple ride options from which you choose the one based on your comfort and the number of passengers.
Scheduled rides:
Users can book their rides for later use by specifying the time and date, along with the pickup location. Location can be entered manually, or GPS can be enabled to detect the location automatically.
Saved address:
Riders can save multiple addresses to the app and select one from the list the next time they book. It helps to save time.
Ride history:
The number of rides served by drivers will be available on the ride history page, and for users, it will be present in the booking history page.
Sharing information:
Passengers can share the driver, vehicle, and route details to their family and friends with the help of the share option.
Access to contact details:
Drivers and passengers can view each other’s contact details, such as name and phone number, during an ongoing request.
God’s eye view:
With the powerful admin dashboard, the admin can view and manage the entire process effectively. The admin can view the requests, track location, monitor earnings, cut-down commission, resolve disputes, and more.
Offers and promo codes:
Several offers and promo codes can be created by the admin and shared with users. They can redeem these offers while booking rides.
Advertising:
The admin can also get into a paid partnership with other similar brands and host their ads on the app. This will be an additional revenue stream for your taxi business.
Fare management:
The admin can fix the basic fare and surge fee when there is a high demand for the taxi service. They can modify or update the fares at any time.
Rating and review system:
Customers can rate drivers on a scale of 1-5 and review their service if required.
Conclusion:
With these optimal features, your Ola clone app will become a success in the taxi market. Hire a suitable team of skilled developers, and they will guide you effectively through the entire app development process and post the launch also. Launch an app to establish your brand.
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Ola has started to expand its operations globally and eye for an IPO in the next few years.
This move comes after the effect of pandemic and aims to improve the cleanliness of their cabs.
The accretion of a new range of disinfectants from the market is the ride-hailing giant’s ultimate effort to bring drivers and passengers together by improving their hygiene standards and enhancing their cleanliness protocols.
For any app like Ola, the top priority is to offer safe mobility solutions while venturing out.
The total number of bookings dropped by 75% compared to last year.
Due to its stringent cost cutting measures and an efficient balance sheet, Ola was able to adjust their losses to some extent after paying interest, taxes, depreciation, and amortization.
The frequency of buses, trains are better nowadays.
But as the population is increasing, taking public transport in a busy city is a hassle.
This scenario has changed drastically from the launch of many on-demand taxi service apps in the taxi industry.
Many people were provided with ride choices from which they can choose the ride that is best suited for them.
Looking at this success, many entrepreneurs took this as the perfect opportunity to develop an app like Ola, Uber, etc.But many are looking for budget-friendly apps as developing them from the ground would cost them ample money, time and many others.
Here are some significant factors due to which these are preferred.Time-efficient:Unlike the number of time anyone has to spend in developing such an app from scratch, the time for Ola Clone app development is less.
Since there is immense competition in the on-demand ride-hailing services market, the success of an app depends on multiple factors like exclusive features, immersive interface, offers, and marketing strategies.
Get in touch with an Ola like app development company to kickstart your venture.
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