New services are entering the ride-share market
The gig economy has seen a major increase in youth participation as young professionals continue to seek out careers that give them the autonomy and flexibility they desire. Becoming a driver for on-demand ride services like Uber and Lyft is a common gig economy role, and new platforms are entering the ride-share race, including female-only services, auto brands hosting their own car-share services, and these new apps.
RydenGo differentiates itself from existing ride-share platforms with its unique pricing model for both drivers and riders. Rather than taking a commission from drivers’ routes, RydenGo charges a flat $20/month subscription fee, allowing drivers to keep their rates and tips. Drivers also set their own rates per ride, so when users submit a request, they’re presented with offers from drivers in their area and can take their pick. For young consumers who consider prices to be flexible and are used to price matching, it’s an interesting method to attract new customers who currently use other ride-share apps.
Services like Uber Pool and Lyft Line are popular for riders who are willing to share their ride with strangers to save some money, and Skedaddle takes the concept of scheduling shared rides even further. The new app lets users charter a bus for short or long distances to transport all of their friends; 30% of Trendsetters are already using peer-to-peer payment systems to split transportation costs, and Skedaddle makes it easy. Users can also create a trip that’s open to anyone on the app and sign up for seats on strangers’ buses that are traveling to their preferred destinations.
When Uber and Lyft weren't allowed to operate in Austin, other ride services stepped up to fill the gap as the city continued to draw new residents and tourists for events like SXSW and Austin City Limits. One such service was Ride Austin, which recently reshaped its pricing model to pay drivers more by eliminating the 20% portion of the fare it used to keep, instead only taking a $1.50 booking fee. The non-profit app, now available on Android and iOS, allows users to donate to a charity of their choice by rounding up the cost of their fare.