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Ola business model
1.
2. OLA/UBER BUSINESS MODEL
âą They partner with private taxi owners, provide
modern technology and processes for booking,
dispatch etc. and quality assurance.
âą Ola/Uber require very low capital investment as they
donât buy cars.
CHARGES FOR AN A/C CAB
âč13/KM but with a base fare of âč100 for the 1st 6km.
3. CUSTOMER SEGMENTS
ïŒRegular âcommuters to/from specific locations (Using
Ola shuttle service)
ïŒâFamilies to travel together at some place for some
time
ïŒBusiness people who don't want to drive & save time
for working while travelling
ïŒCorporates offering pickup/drop facility to employees
ïŒOffice going peopleâ(Can share a cab using Ola/Uber
sharing cab option)
ïŒAny one who wants to travel within city limitsâ at
comfort
4. Unique Value Proposition [U.S.P.]
For End Users:
1) Safety Rides on Accurate Time with advance
bookings scheduling
2) Cashless rides
âFor Cab Drivers / Owners:
1) Can get assured bookings instantly & earn more
2) Worry free maintenance for cabs
5. Delivery Channels
ïŒMobile applicationâ + SMS Service
Eg. : iPhone, Android, Windows App
ïŒWeb Application and email notifications
ïŒCabs , Autos etc. (vehicles which are into service )
6. STEPS TO REGISTER YOUR CAR IN OLA/UBER
Buy a new car
or used
commercial
car
Hire a
driver with
commercia
l license
Collect
the
personal
document
from
driver
Register a co.
for the
business
Open a
current
account
Apply for
service
tax &
income
tax
registrati
on
Collect
the
document
(step 3)
Contact the
regional office
of ola/uber &
meet them
with
documents
Ola may
call the car
for
inspection
Ola provide all
the necessary
guidance &
mobile, app etc.
7. OLA/UBER SURGE PRICING
ïŒ The Ola/Uber fare rates automatically increases, when the
taxi demand is higher than drivers around you.
ïŒ The Ola/Uber prices are surging to ensure reliability and
availability for those who agree to pay a bit more.
ïŒ When the Ola/Uber prices are surging, it also encourages
more drivers to get back on the roads & be able to earn more
money.
ïŒ The Ola/Uber surging only last for a few minutes depends on
the demand & the amount of available drivers in your area.
ïŒ You will never pay the surged fare price unless you accept the
fare price, the Ola/Uber app will always ask you first to
confirm the higher fare before requesting a car for you.