How to create an app like Uber? [Tech + Cost of development]

Many people wondered about and coveted the business model of Uber. But only a handful had both the managerial and the technical skills to start an Uber-like business.

But the resources now are in abundance. All you have to do is take the right steps to be one of the successful Uber-like taxi business owners.

In this blog, you’ll get to know how to efficiently create an app like Uber for your on-demand business, the tech stack used, and most importantly, the cost of development.

Let’s jump in to know more!

What is an Uber-like app?

Uber is one of the most successful business models in the world. This model interested many entrepreneurs who wanted it for themselves and their businesses. That’s how creating an app like Uber became such a rave.

An Uber-like app is where the owner of the on-demand marketplace connects two people under one roof - (the taxi drivers and the people who are in need of taxi on-demand)

The industrial performance of Uber-like apps now and in the future:

The revenue of the US ride-hailing taxi app industry is $5.1 billion in 2020 and there are more than 100 million users of taxi apps all over the US.

The market is not yet saturated and people are fond of hailing rides with user-friendly apps and top-notch service.

There is an expected 17.4% of CAGR in the year 2024 in spite of the pandemic situation all over the world.

Advantages of developing an Uber-like app for your on-demand business:

These are some of the advantages of having an app like Uber for your on-demand business. These advantages answer your question, “Why should I invest in an Uber-like app?”

• The categories of vehicles are very visual and it helps the riders to choose without hassle.
• The uber-like app connects end-users and service providers under one roof, which means the end-users will get more benefits at a lesser cost.
• It is convenient for the admin of the platform (YOU) to manage the business operations with one simple to use dashboard.
• The end-users don’t have to wait for an eternity to get a taxi for their daily commute or in critical conditions. The app operates 24/7 and can be used anywhere, anytime.
• Automating the business process is one of the crucial steps to scale your business.

How to create an Uber-like app? [A step-by-step guide]

We all love a step-by-step guide to a process, right? Here you go!

Step 1: Business & revenue model

An aggregator business model connects people and service providers under one platform to satisfy their needs for products or services.

You (as an admin) will manage the entire business operations using the on-demand platform.

The best profit earning system to follow in your Uber-like business is the commission-based revenue model.

The commission is collected from the rider and is transferred to the admin of the platform. Once the day ends, the earnings are distributed automatically to the drivers.

If at all the admins choose to hold the driver’s earnings - they can do it manually, using the admin dashboard.

Step 2: Figuring out the features of the Uber-like app

Having the most up-to-date features and functionality in your Uber-like app might be quite beneficial to your on-demand business!

This is the list of features to consider during an Uber-like app development process.

Features for the rider:

• One-step registration
• Vehicle categories
• Fare estimation
• Wallet option
• Live tracking
• In-app chat
• Schedule a ride
• Precautionary notification
• Multiple stops

Features for the driver:

• View the status of the trip
• Updating the driver’s status
• Receiving earnings
• Push notifications
• Dynamic routing facility
• Cancellation reasons

Features for the admin panel:

• Booking management
• Geo-fencing
• Automatic earnings distribution
• Sub-admin
• Notification management
• Rider & Driver management

Step 3: Choosing the right tech stack for Uber-like app development

Choosing the right tech stack is a crucial part while entering into the app-based business model.

We suggest Flutter, a cross-platform software development kit that’ll help you;

• To reduce the development and testing time since it works on a single code base.
• The hot reload feature helps the developers to simultaneously fix the bugs and test them.
• The look and feel of the app are much superior to the Native technology.
• There are regular updates on Flutter given by Google, which helps the development team to constantly improve the app performance.

Step 4: Cost of developing the Uber-like app

The cost of development depends on the features and technology on which you want to build your Uber-like app.

Usually, some software development companies develop their apps from scratch, a high labor-intensive and time-consuming process using native technology. Which takes up to 5 to 7+ months and $40/ hour on the development process and design.

But on the other hand, there are companies that have ready-made solutions that are 100% customizable and scalable, built using the latest technologies in the market.

Get to know our Wooberly - Uber clone built using Flutter, a cross-platform technology.

Wooberly is the ready-to-launch solution and our cost of development includes the white-labeling charges (re-branding) as well.

Conclusion

Creating an Uber-like app is the best decision you’ll ever make for your business. People demand according to the changing circumstances and to show our entrepreneurial flair, we should be adopting to their needs and preferences.