How To Set Up Your Own Shuttle Booking Business?
Recently, the shuttle booking business has risen through the ranks to become an extremely profitable venture. Essentially, shuttle booking services can comprise a dedicated app or customer care helpline that lets you book a shuttle for yourself as per your timing and route.
As a start-up, it has shown the potential to be an extremely profitable venture. This is because the younger, tech-savvy generation finds it more convenient to hire a ride at the end of a hectic day. With a huge potential customer base, the profits can flow in thick and fast. Further, it requires a minimal initial investment. All you really need is to spend money on the initial stages of your shuttle booking business app development.
Shuttle Booking Business And It’s Variants
1. College Or School Student Pick-Up And Drop
Pool cars and buses have been helping students move to and fro from schools and colleges for ages. A shuttle booking business can be an upgrade to that existing system where the students can book a ride for themselves in the car of their choice.
Related read: School Bus Tracking Software Development Complete Guide
2. Corporate Employees’ Pick-Up And Drop
Another concept that is fast gaining prominence is the corporate pick-up and drop. Some organizations are taking the initiative themselves to hire shuttle booking services to ensure a safe, healthy and comfortable rise for their employees. Riding a shuttle to and fro from the office can help boost employee morale and enhance productivity. Further, it can help employees save considerable time and effort spent otherwise on availing public transport to offices. This shows how public transportation has changed in recent years.
3. E-Commerce Product Delivery
An off-beat utilization of the shuttle service is the delivery of products that customers order via e-commerce websites right to their doorsteps. Using shuttle services to deliver goods to customers residing in the same area can reduce the cost of transportation while not compromising on the speed of delivery.
Steps To Setting Up A Successful Shuttle Booking Business
Now, before you jump headlong into setting up your own shuttle booking business, you must understand that every business requires a considerable amount of planning and fine-tuning to be successful. You must weed out the loopholes in the initial plan and come up with a fail-safe business proposition.
Related read: How To Create A Shuttle Transportation Service App
So, it is crucial to consider the following steps minutely before you venture into setting up a shuttle service:
a. Select Your Target Audience
First, you need to decide on the section of the society to which you’ll be catering your shuttle booking services. This can vary based on demographics, social and/or economic strata and geographical location of clients.
b. Choose Vehicle For Your Shuttle Booking Business
Based upon your clientele, you need to fix the kind of vehicle you’ll be using for your shuttle business. It depends upon the number of passengers you’ll have on a daily basis, the routes you will take etc. Once you decide on the number of customers or goods you want to transport every day, you can decide on the size and make of the vehicle you want to use.
c. Conduct Thorough Market Research
It is important to find out if you are venturing into uncharted territories or there is an existing competition in the market. With the help of in-depth market research, you can identify areas lacking in shuttle services and target those areas. This way, you can stay prepared for any challenges that the business brings your way.
d. Your Shuttle Booking Business Needs A Pricing Model
A major step is to determine the amount of money you will be charging per customer per ride. For this, you need to consider various factors such as fuel costs, number of customers, the cost of vehicle maintenance and so on. Accordingly, you can develop multiple pricing or business models. The more affordable your services are, the more customers you get.
e. Conduct A Feasibility Analysis
By weighing in the pros and cons of the venture, analyze if it has a chance of being profitable by carrying out a feasibility analysis. A well-conducted analysis can help in pointing out the problematic areas in your business plan. Thus, you can introduce changes and enhance the chances of maximum return on investment.
f. You Need To Obtain Relevant Permits For Your Shuttle Booking Business
A variety of government and environmental permits for passengers and vehicles must be obtained before kicking off your shuttle booking service. This helps you to maintain transparency in your services and puts forward an excellent brand image. Also, by obtaining a valid permit from the government, you will be free from all the hassles.
g. Hire Experienced Drivers
You must search the market and hire reliable, professional and experienced drivers to ensure that your shuttle booking service is a success. Always remember that you are looking to offer your customers a smooth and comfortable journey. Thus, half of your troubles are over if you get seasoned drivers for your shuttle services.
h. Develop A Dedicated Shuttle Booking Business App
Designing a dedicated app for booking along with setting up of customer care portals is crucial. The app has to be user-friendly and glitch-free so that most customers feel encouraged to avail it. Most importantly, it has to offer round-the-clock services to cater to every customer.
i. Extensive Publicity
Before launching, it is important to spread the word about your venture via advertisements and other forms of innovative marketing. You can do so via various unique forms of digital marketing hacks such as email marketing and social media marketing. Due to the vast outreach of the internet, you can attract a maximum number of clients for your shuttle booking business with the help of minimum investment.
So, Are You Ready To Venture Into Your Own Shuttle Booking Business?
Thus, setting up a shuttle booking business as your start-up venture can be the life-altering change you have been waiting for. Shuttle services are essential in times of the extreme global environmental crisis that we are facing today. So, not only can it help you develop a profitable business model, but you can also work for the greater good and change the world for the better.
For several years now, we have been delivering the best transport-based solutions to our clients, by helping them in getting ROI. If you are willing to take your shuttle app idea to the market, you can blindly rely on our shuttle app development experts. Upgrade your business with us today.