How Taxi Companies Can Combat Apps like Uber

Not in all cities will law enforcement keep applications like Uber from operating.  To most taxi companies, such services are a full front against fair commerce and trade.  They do not find it fair nor convenient that, while they have to pay service fees, taxes, and registrations they get competition from a business that operates only through an online jurisdiction.

They seem to be correct about it.  It really does not sound so fair.  But business is business, some might say.  If we were to go with that expression, we have to say that, in a capitalistic world, it is completely true.

Now, if taxi companies are hoping for their governments to do something about it, they must know that these type of legislations can take many months in order for them to take effect if any.  So, it comes down to taxi companies to make their businesses prosper even when they have to compete against such online companies.

Here are some ideas on what can taxi companies do to stay afloat obsoletely over a sea of innovation.

Earn a Better Reputation

One thing that taxi companies have to their favor is the fact that apps like Uber and Lyft are not necessarily trustworthy.  Plus, since they are not really regulated, there can be some legal effects associated with it.

Being heavily regulated, taxi companies should claim their exclusive right to transport people as they are paying to be allowed to do so.  In other words, taxi companies should use that exclusiveness the system provides to get a better reputation.

This begins by making some regulations to their policy.  Generate ideas that offer clients a better service.  This is what competition is about, doing things better than them.  If the competition improves what we did, we improve more.

Innovate with Technology

The thing about Uber and Lyft is that they use high-tech and put it in the palm of people’s hands.  This is because these online corporations are usually founded by the man with the tech.

But taxi companies cannot stay behind. There was this initiative last year by Yellow Cab from San Diego to place a yellow button in places that usually require a taxi. Every time somebody from these places needs a ride, all they need to do is press the button and Yellow Cab would send a unit.

An application for services offered would be great.  The system would be like Uber and Lyft, but they would be using the legally established service for transportation.   If you need to develop such app, there is an App Development Vancouver company who would be happy to work with.

An Overview of Taxi Insurance

An Overview of Taxi Insurance

Whether you are driving a regular, minibus or an MPV taxi, do not just grab the keys and go without having any knowledge of how taxi insurance works. You would need to find the right policy because insurers consider you to be a high risk since you drive at unsociable hours as well as visit built-up and inner-city areas. With a greater tendency of being involved in an accident and the high mileage you cover, taxi insurance costs more than standard car insurance policies. Here are things you need to know to understand why taxi insurance is so expensive.

1. Get A Taxi Insurance Quote: Do not just renew your insurance policy if you are already on one without comparing quotes online. By comparing quotes, you would save money when you buy a policy that would take care of your needs, whether it be a public or private hire cover. You also save money if you make an annual payment as against monthly payments.

2. Taxi Policy Options: There is the ‘Named driver policy‘ which covers a single taxi and its driver; an ‘All-driver policy that caters to every driver above a given age; and ‘Policy Only’ which is the cheapest cover but charges steep premium when fleet taxi owners pay for additional names.

3. Public Liability: Check to know if your insurance covers you in a situation where your passengers suffer injuries or any other loss while in your cab. If this is not taken care of please do take a separate policy for it.

4. Taxi Breakdown Coverage: Ensure that the cover which you get if your taxi breaks down will see you back on the road quickly. Compare a dedicated breakdown cover against an insurance add-on price to get the best offer which would see you maximize your fare-earning time.

5. Location: Some insurance policies only cover you within a particular area. Get the best insurance cover that handles the area which you intend to cover.

6. No Claims Bonus: Check if your taxi insurance policy gives you a no claims bonus or discount when you drive for one year without making any claims on them.

7. Declare Any Modifications On Your Taxi: If for any reason you modified your taxi, make sure you declare it or risk not getting paid if you make a claim. For instance, if you do not declare the mileage which you might be covering, an insurer may refuse to pay your claim. The only modification allowed is that done for security purposes. For those who do high mileages, it is best for them to take up an unlimited mileage clause. If your taxi has a disabled access it would be considered to be modified and would attract more premium.

8. Taxi Security: You may be entitled to some discount if your taxi has security features such as a CCTV, an interior/exterior camera, and so on.

9. DVSA Driving Test: You may be required to take a DVSA Driving Test to be eligible to drive a taxi.

10. Personal Coverage: Know if you are covered when you use your taxi for private transportation. You should also know if you are covered for any personal injury you suffer.

It is important that you do not carry more passengers than the number you are insured for. There is so much to taxi driving insurance but a good knowledge of the ones listed here would serve you well.

3 Reasons Your Taxi Business Needs to Build an App

3 Reasons Your Taxi Business Needs to Build an App

While apps are fairly new in the grand scheme of things, most of us use them in our daily lives.  We use them for banking, playing games, keeping track of steps and now taxi businesses are using them too.  No more do you have to call a cab, wait on hold and sit around just waiting for the cab to show up.  Now you can use an app on your phone and track the cab as it makes its way to you.  If your taxi company doesn’t have an app yet, here are 3 reasons your taxi business needs to build an app.

Build Your Brand

An app is one of the quickest ways of marketing and promoting your brand with your existing clients and any prospective clients.  Make no mistake, a mobile app will directly influence your brand.  Taxi businesses are no different.  A mobile app is great for marketing and marketing is always good for business.  The degree of exposure you will get once your app goes live on Google and Apple.  Users are constantly on the lookout for new apps.

Engage Your Customers

Having a mobile app gives you the opportunity to invite new clients to give your business a try.  Everyone carries a smart phone and having a mobile app makes it much easier to allow your customers to use your services.  It allows you to easily reach new customers as they download and use the app.  They will have the ability to use the app to hail a taxi and track the car’s progress as it is on the way to pick up the customer.  Once your customers have downloaded your app, you can use push notifications to advise them of promos and specials.  For instance if you are offering a special on airport runs, send notifications to your customers letting them know.

It is a Direct Pipeline to Customers

Your app will put you in constant communication with your customers, you can send and receive direct messages along with feedback through the app interface.  It is a pretty cool and convenient method of communication.  When your customers need a cab, especially during rush hour the wait can be 30 minutes or more.  Waiting that long may mean they call another taxi company or one of the ride sharing services.  This is where your app comes in handy, you can prioritize passengers using the app and the app will allow them to track the car and exactly how long it will be to pick them up.

Modern technology is here so you might as well embrace it and make it work for you, your competition definitely will.  These are just some of the reasons that your taxi company needs to get a mobile app especially if you want your business to grow.