After the advent of technology, the transportation network has widened indefinitely. With apps for ride-booking, people could easily schedule their rides even in the nick of time. Uber, the first one to enter the carpooling app market, has somehow predicted that the future of the transportation industry lies in the optimum use of technology.
The latest buzz in the transportation industry is carpooling apps. A carpool is somewhat similar to the normal ride-sharing apps but has a linear difference in between. This type of ride-hailing is quite famous among western countries. People feel this is a better option to avoid unnecessary traffic congestion, and it is also the best cost-saving option.
The wide acknowledgment from people is the key concept that has led to the success of these apps. If you’re ever planning to start your ride-hailing business, a carpooling app will surely be the right choice. I have written this blog to highlight the potentials of launching a robust carpooling app.
How are Carpooling apps paving the way for entrepreneurs as a stable business option?
The carpool is nothing but a concept where the driver offers a ride to a person so that he need not travel alone to a destination. People who are willing to travel to the same or nearby destination can join them on the ride. Finding someone who is traveling to a similar destination is challenging. But, in a carpooling app, they can enter their destination and get amazing search results.
From an ecological perspective, it is one of the best options to control fuel consumption. It minimizes car usage and encourages people to share rides with others. When four or five people travel together in a car, it cuts down the counts of other unnecessary cars on the roads.
By minimizing the cars on the roads, the travel time and traffic commotions could be minimized. Moreover, in urban centers, people find it as an opportunity to build new friendships with strangers.
How does a carpooling app like Ryde perform in the market?
Ryde is a leading contemporary ride-sharing application that is in the race with other forerunners – Gojek and Grab. The southeast Asian market is occupied by two leading players, namely Gojek and Grab. When Ryde emerged into the industry in 2014, it was regarded as one of the best competitors for them.
Over the years, it has developed its services to outreach countries like Malaysia, Singapore, Hongkong, and Sydney. Even though the market analysts viewed it as a strong contender for the leading players, it has set forth its own standards. The company went through several difficult phases and still manages to remain in the market with a unique standard.
How to use Ryde?
In June 2022, the company made a huge announcement that made the entire world go clueless. It was the first one in the world to encourage its users to pay their ride fares in Bitcoins. Their venture into Cryptocurrencies won critical recognition from critics. Through their e-wallet, the users can transact or exchange their Bitcoins for their Ryde coins. It charged zero transaction fees from the users for the same.
What are the benefits of launching a carpooling app like Ryde?
Carpooling has earned a good reputation among people as it is more affordable than renting a cab. This has resulted in people choosing the carpool option over taxi-hailing. It will be clear if you go through the advantages that it offers to the users,
It is a great time-saving option.
Most of the time, we would leave our houses just to avoid getting stuck in traffic. Traffic congestion is one of the serious problems that we are facing. One of the major reasons is the excess number of cars on roads. Carpooling is the best way to avoid heavy traffic. At the same time, it will save time and help us reach our destination quickly.
Quite affordable for riders
When compared to taxi-hailing, it is much more affordable for people. Imagine spending 250 bucks for each trip in a day. It’s too high for people to afford every time for their trips. In such scenarios, carpooling will be quite affordable for them. This has led several urbanites to choose this easiest commuting option.
Minimizes the fuel cost and supports Go Green
The increasing fuel cost is one of the concerning factors for people. They cut down their fuel consumption by sharing their rides with others. In contrast, they can pay a part of the money and share the cost. It will also reduce pollution emissions and help in encouraging a greener environment.
Why developing your Uber clone with a carpooling service is a great option?
Uber X has been an excellent business model for entrepreneurs to kick start their businesses. This is evident enough to convey that your Uber clone will become a huge hit in the market.
You can develop your Uber clone and adopt the business model of a carpool service. There are numerous app development companies offering world-class transportation apps for businesses. It will be better if you approach them for your app development.
Note-worthy features to include in your carpool app.
When you develop your app, ensure it has the following important features in it,
Real-time tracking of rides
When the users book their rides, they can start tracking the location of their ride through the app. Through this, they can predict the Estimated Time of Arrival( ETA) of their trips along with the driver’s whereabouts.
An algorithm to match the rides
The car owners or drivers will update their travel details on the app. On the other hand, the customers will search for their rides in the app. The business app should have a matching algorithm that can suggest rides for them by analyzing the data. This instant matching will help users to schedule their rides effortlessly.
Carpool Fare calculation
While booking the rides, the app should calculate the ride cost considering the location, distance, traffic congestion, and various other conditions. This will help the users to get their trip fares much in advance.
The ride-hailing market has become quite competitive in recent years. The best way to compete in the business is by offering unique services for the users. Carpooling is a great option for you to consider for your business. Gear up your entrepreneurial ideas and start working on your plans to idealize them in your app.