The ride-hailing industry is transforming at an unparalleled pace with the help of an on-demand taxi dispatch app. The transformation of the taxi service from the traditional way to the contemporary method has made the taxi booking procedure easy and convenient for the users. In recent times, most taxi service providers have adopted mobile apps to manage bookings and dispatch operations. A taxi dispatch software facilitates the taxi service providers to take their business to the next level with ease.
Advancements in the transportation industry
Those old days are gone when people had to book a taxi by making or call or visit the taxi agency. If it is through a call, the users have to say necessary information like name, address, and destination. The taxi service provider has to fill in those details in the system. Then, they will allocate the available taxi driver to the rider. It sounds simple. But, managing the process is quite hectic.
Automation is a boom that eliminates intensive tasks and makes the taxi booking process simple. Nowadays, users can book a taxi with the help of on-demand taxi apps. They have to sign up with the app and specify their location. They can easily locate the nearby taxi drivers and book a ride. On the other side, the driver gets a notification via the app and confirms the ride request. Then, the driver will reach the rider’s location and complete the ride service.
You can check the app’s performance via the admin panel. The taxi dispatch software enables businesses to respond to the users, track the driver routes, and take bookings automatically.
Notably, the software is integrated with accounts, invoicing, cashiering, and two-way driver payments. This seamless process made taxi booking easier and convenient for the users. Despite this, driverless taxis have been around for a while. Even though, taxis with drivers are in huge demand among the users.
How the Covid-19 global pandemic impacts the taxi industry?
The taxi industry has an adverse effect due to the Covid-19 pandemic. Its net value in 2019 was $83 billion and declined to $46.7 in the year 2020, with an annual growth rate of -43.7%. Due to the spread of coronavirus, the government has put forth the rules to shut down the offices & shops and follow social distancing. This decreases the usage of on-demand taxi booking apps.
Somehow most countries are recovering from the impact of the pandemic. There is a projection that the taxi industry’s net value will reach $94.4 billion with an annual growth rate of 6.5% by the end of the year 2023.
Before the outbreak of the Covid-19, there was a huge demand for on-demand taxi apps as people mostly preferred it for booking a ride because of its convenience. Despite a decline in the taxi business, some of them are utilizing it positively. One such example is GETT. It is a global taxi platform that has partnered with the NHS for transporting the suspected Covid-19 patients to a nearby hospital.
It is no doubt that the taxi industry will reach more heights once the pandemic ends. According to Grand View Research, the on-demand transportation industry will reach $305 billion by the end of the year 2025.
So, it is the best choice to invest in the taxi dispatch software as there would be a surge in the ride-hailing industry.
Let’s have a quick glance at the benefits of investing in the on-demand taxi dispatch app
An on-demand taxi dispatch app provides a seamless booking experience to the customers. Also, they can even check the drivers’ location in real-time. Worldwide, the number of taxi app users will increase even more in the coming years. Here are a few of the significant reasons why investing in taxi dispatch software benefits your business.
- Improves visibility
Customers find it easy to book a taxi and track driver locations using a mobile app. As most people are using taxi booking apps, there is a high chance for you to connect to a larger customer base. It improves visibility and draws attention from a broader customer compared to the traditional taxi booking system.
2. Boost revenue
As your brand reaches a wider audience base, it will increase the total volume of rides. Thus, you will get higher revenue.
3. Customer satisfaction
The taxi dispatch software allows a user to check the driver’s location in real-time. Meanwhile, the driver will get the user’s location upon confirming the ride request. This way, the driver can reach the user’s location on time by preferring the shortest route.
While online booking, users can get a ride within a few minutes. Users will be satisfied when you provide a better quality of service without the hassle.
4. Improved brand awareness
Brand awareness is the key to taxi business growth. Having a user-friendly taxi dispatch app improves your brand awareness as it makes the taxi booking process easier. As a result, you will get recognition from a wide audience.
5. Customers’ feedback
Getting feedback from users helps to improve the app’s performance and offer a better service. The on-demand taxi dispatch app has a built-in Feedback feature that facilitates the users to put reviews and ratings to the service. Upon analyzing those feedback, you can come up with an idea to resolve the negative reviews.
6. Monitor driver performance
Bad driving behaviors have a great impact on your reputation and revenue. It would be best to overlook the driver’s performance. With the taxi dispatch app, you can monitor the driver’s behavior in real-time. You have the option to analyze the speed driving, harsh braking, break times, and fuel consumption. In this way, you can instruct the drivers to improve their performance.
7. Business growth
It automates the entire taxi process by integrating significant features such as taxi booking, location tracking, fare calculation, cashless payments, and reviews & ratings. These features help to enhance the standard level and the service quality, which in turn boost your taxi business.
Transparency in operation helps to gain loyal customers. Offering various cab types depending on the budget helps to get attention from the larger user base. Make sure your taxi app benefits both the users and the driver. Periodically, raise the revenue of the drivers.
Last but not least, try to offer the taxi service at a low price compared to the conventional taxi booking system. Also, you should know the price charged by your competitors. Never give your users a second thought to prefer using other taxi-booking apps.
Does taxi dispatch software help you save time and money?
Yes, having a taxi dispatch app for your taxi business helps you save time and money as it is beneficial.
Some of the crucial ways to save time and money by launching a taxi book are listed below.
- Store data to improve the driver performance
- Provide real-time information to the users
- Provide multiple payment modes
- Collecting users’ feedback
- Caller ID integration
- Taximeter integration
With the ever-changing customers’ needs, an open-source taxi dispatch software becomes necessary for a taxi business. This helps to get attention from more users and reap the benefits of profit shortly.
Are you willing to launch a taxi dispatch app? Hire a well-experienced app developer or reach out to a reliable mobile app development company.