Finding new markets for my business
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Finding new markets for my business

It can be really hard for a small business when a large customer or source of customers shuts down. However it doesn't mean that your business can't succeed, you just need to find new markets and be a little innovative in your approach to marketing. This blog has some stories from inspiration business owners who have faced challenges when their biggest source of customers stops but have found ways to keep their business running and stay profitable. I hope it is inspirational for small business owners who are facing their own challenges. Please feel free to share your own stories in the comments.


Finding new markets for my business

A Comparison Between Traditional Taxicabs and Taxi Hailing Apps

Jeff Fleming

Are you wondering whether you should use the traditional taxicabs or use one of the taxi hailing apps when you travel? Read on and learn how those two options compare with each other.

Ease of Getting the Taxicab

The taxi hailing apps can only be used if you signed up with that specific company when you downloaded their app. It is therefore nearly impossible for you to use that service if you don't have your phone or digital device with you. However, you can easily hail a taxicab while you are on the side of the street. Alternatively, you can call the taxicab company to send you a taxicab.

Price Changes

Online taxi hailing app providers usually impose higher rates during peak-demand periods, such as during a natural disaster or during heavy traffic on a weekend. These price increases can be motivated by the need to urge more drivers to avail themselves during those periods. This ability to spike rates can often make the service very expensive to use during those periods when the hiked rates are applicable.

In contrast, traditional taxicabs usually charge the same rates with the addition of a flat surcharge during rush hour or peak demand. The only downside here is that it may be harder for you to find a taxicab when demand for them is high. The rate levied for each mile or minute that you take in the taxicab remains the same at all times.

Fare Estimates

The online taxi hailing apps can offer you a non-binding estimation of how much you may pay for taking a ride to your destination. This information can help you to decide whether you should use that taxi option or not. However, the traditional taxicabs usually don't offer an estimate of the fare. This is because they have no way to predict the exact conditions during the ride. You therefore just have to trust that the final fare will be affordable once you arrive at your destination.

Payment Options

Traditional taxicabs offer the greatest flexibility in terms of the payment options that are available to you. For example, you can pay in cash in case that is your preference. However, the online taxi hailing firms prohibit the use of cash to make payments to drivers. This can exclude people who have lost their credit/debit cards or cannot access their online payment systems.

As you can see, each taxicab option has its own strengths and weaknesses. Your decision as to which one to use should therefore depend on the specific circumstances that are prevailing when you need that service. For more information, contact a professional in your area like those found at United Taxis.