HOW TO MONETIZE TAXI-HAILING APPS- TAXI APP DEVELOPMENT

 

HOW TO MONETIZE TAXI-HAILING APPS- TAXI APP DEVELOPMENT

You can use the following steps to turn a taxi app development into a business that brings in money:

Commission from passengers.- You can charge passengers between 20 and 25% of the total cost of the ride as a service commission.

Service fees.- You can charge passengers a flat booking rate and extra service fees for security, service, and payment processing.

Cancellation fees.- If a passenger cancels a ride, you can set this type of payment as a fine.

Promotions by a third party.- One example is Uber, which makes money by working with big brands to promote each other (Hilton, Pepsi, and SpotifyWhile Uber gets promotion fees, brands interact with app users, and app users get benefits, gifts, and treats from branded marketing campaigns.

Advertising.- You can charge a cost-per-click or cost-per-impression fee for running ads in your taxi booking app.

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