Bike4Everything is an on-demand bike rental, delivery and taxi ( transportation ) service in indore for people to simply tap their smart phone and have a cab arrive at their location in minutes. “Bike 4 Everything” is an innovative on-demand bike taxi service. “Bike 4 Everything” has made it possible for people to simply tap their smart phone and have a bike arrive at their location in the least
possible time. For customers:-
• No need to wait for a taxi for long time.
• Free rides on certain occasions and discounts from time to time.
• Prices lesser than the normal taxi fares.
• Bike 4 Everything’s tagline says – Your personal driver. It lets customers travel in style.
• Fixed prices for common places like Airport etc. For drivers:-
• Additional source of income.
• Flexible working schedules. Can work part time or simply whenever they like.
• Easy payment procedure.
• Those who love to drive can earn money while pursuing their hobby.
• Bike 4 Everything pays drivers to be online, even if they don’t get any request. Customer Segments -
Customer segments for Bike 4 Everything are those who :-
• Do not own a car.
• Do not want to drive themselves to a party or function.
• Like to travel in style and want to be treated as a VIP.
• Want a cost-efficient cab at their doorstep. Bike 4 Everything’s Revenue Generation Model:
If you have ever travelled in a taxi, you might have paid the driver in cash at the end of your journey. The cash collected by each journey is the only source of revenue for a traditional cab company. Neither does Bike 4 Everything have a different revenue model than the one mentioned above nor it has any other source of revenue as of now. But just imagine 1 million rides a day. It will help you calculate those big numbers that Bike 4 Everything earns. Let’s dig a little deeper to understand Bike 4 Everything’s source of income. What has made Bike 4 Everything so successful is the fact that the revenue model of Bike 4 Everything is as unique as their business model. Different cab models to cater to everyone
2. Surge Pricing Technology
3. Other Bike 4 Everything rides.
