Hailing a cab during any rush, emergency, or business hours is now just at your fingertips. Thanks to all taxi booking apps that have made traveling so simple – launch the app, confirm a ride, and pay with cash or through payment gateways. And kudos to the taxi app development companies responsible for these fantastic creations!
With the advent of taxi apps, transport business owners, particularly those in the taxi (carpool, rideshare, rent, shuttle, and hire-go) business, have expressed a strong desire to develop an app similar to Uber that will make their rides available with a single tap. Uber is one of the market leaders in taxi app development. Uber has approximately 3.5 million drivers worldwide, according to a recent report.
Uber has two apps: one for drivers and one for riders. When it comes to developing and designing an app like Uber, it will cost between $1,959 and $12,999 for both powerful platforms, iOS, and Android, and will take between 2 and 6 months. The price listed above includes UI/UX Designs, Driver app, Rider app, Admin Panel, Backend development, Frontend development, and other services.
So, in this blog, we'll look at where these figures come from-
The Uber app is top-rated all over the world. It’s a two-sided marketplace based on the aggregator model. Here are the steps to know how a ride-hailing app like Uber works:
User Registration and Profile Creation
Users must first register by entering their phone numbers or email addresses or adding existing social media accounts. Users can customize their profiles after they register.
Requesting for a Ride
Users can send ride requests after creating a profile and specifying the pickup and drop locations.
Confirming the Ride
Passengers’ ride requests will be routed to the driver via the app. If a driver is available for the ride, he can send the riders a confirmation message. If the driver rejects the request, it will be forwarded to another driver.
Ride Hosting
After the ride confirmation process, the driver will arrive at the rider’s pickup location and begin the ride. Riders can also see the route taken by the driver to their destination.
Payment Processing
When the riders arrive at their destination, they can pay. They can make the payment that is most convenient for them.
Rating & Feedback
Following payment, riders can provide feedback on the service. The feedback includes reviews/ratings of the driver’s behavior.
You connect the driver and the passenger using an app like Uber. As a result, you must create the following apps:
Driver App
The driver app is designed specifically for drivers. The app allows drivers to accept riders’ requests.
Customer App
The passenger app is created with the passenger in mind. Riders can use the app to request rides quickly.
Admin Panel
An admin panel is critical to the app’s success. Businesses can include features such as reports and analytics, driver and passenger management, etc.
Commission Fee
The commission is a significant source of revenue for taxi-booking apps like Uber. For example, Uber charges more than 25% of the driver’s total ride fee.
Cancellation/Waiting Fee
If a driver or a passenger cancels a ride, they must pay the cancellation fee.
In-app advertising Charges
You can allow various businesses to advertise their products or services on your platform. It will allow you to earn a lot of money from different companies.
Premium Services Charges
The premium model allows you to earn a substantial amount of money. Riders who purchase premium subscriptions through your app can receive additional benefits.
As previously stated, developing an app like Uber will cost between $1,959 and $12,999 for both powerful platforms, iOS and Android, and will take between 2 and 6 months. The cost will vary depending on the requirements of your project.
The cost of developing a taxi booking app is affected by different factors. Let’s look at a few of them-
Features Incorporation
The features of the app have an impact on the taxi booking app development budget. The more features you add, the higher the price. You must include features that are critical to the app’s functionality.
App Platform
We recommend Android and iOS if you want to reach many people. However, if you don’t have a large budget, you can choose any platform.
Technology Stack
The technology used in the app is determined by the platform you select, third-party integration, feature set, and so on. Use the appropriate technology stack in your app. The appropriate technologies determine the performance of the app.
The following is a list of some of the most popular technology stacks:
Geographical Location of the Company
The cost of the app is determined by the location of the mobile app development company you select. The price varies depending on the region-
Although taxi-booking behemoths like Uber have firmly established themselves in the business and are rapidly expanding globally, there is still plenty of room for new companies to develop. They can establish a profitable monetization strategy by defining a niche and focusing on the unique value offer. New players must constantly be wary of feature creep, which is likely midway through custom app creation.
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Jagwinder Singh
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