TOWS ANALYSIS
Threats:
• Low-profit margin can decrease driver’s interest into the company. It can be the discouraging factor for the driver’s
• Recent incidents in the country like India, can damage the brand and legislation change in the country like Germany can ban Uber from operating.
• The future concept of self-driving car can completely eliminate need of taxis and concept of Uber may be diminished.
• Frauds and scandals are also increasing.
• Problems with local authorities will lead to fine. Countries like India, Netherlands, United Kingdom, France, Germany etc. did that already.
Opportunities:
• Regular taxis are way more costly and the service is also not satisfied if compared to Uber. Great thing to capture the market.
• Scope of
…show more content…
The closest competitions are Lyft, curb etc. and it is still far away to compete with Uber.
• The brand value also plays a role in Uber’s success. It has its services in 45 countries.
• The standard of service has increased, especially after Uber black launch.
• The standard of service is very high, from ease of using app to travel in the personalized cars, it has everything. The car is driver’s own personal car so, the maintenance is at its best.
• The payment system is also very effective. The payment directly from the card, eliminates the need to carry cash.
• Uber works best for the drivers, as they can work flexible hours and also part-time and there are no such worry about employment from Uber and also from drivers.
• Regular taxi services rules are not applicable to Uber, which make them independent and
…show more content…
• There is huge investment available for the Uber because of the high valuation.
• Dual rating system is also adding more strength in terms of trust, safety and comfort.
CONCLUSION
There is most likely the customers love Uber. They appreciate advantages of the services. Aside from the way that it is advantageous, they like how Uber spares time and cash. In any case, governments and drivers regularly despise Uber. To fundamental its client driven methodology, the organization charges a low cost. This is the reason the drivers don't have a high-overall revenue.
Uber does not need to take after the directions that customary drivers must comply with. It has been fined for evading directions commonly. Germany, France, India, Netherlands, United Kingdom etc. are a portion of the nations that fined Uber. Negative press is something the startup must work on overcoming.
It is not realized what Uber's future is. Google Cars are a major danger to its prosperity. Uber ought to keep up its qualities. It ought to address the shortcomings found in the TOWS. The point ought to be to transform shortcomings into quality. The group must work and endeavor the open doors and keep away from the
Uber as a business have conducted and implemented many harmful tactics and policies. The primary issue that Uber has been deemed harmful are Uber taking and requiring all drivers to accept the percentage cuts. In addition, the higher percentage cuts will be deduct from each earned revenue the driver obtain while driver for Uber. This is a very harmful tactics
Knowing these two facts, most of the passengers that have entered my vehicle have stated that either Uber or Lyft tend to have more of a sense of urgency than a Cab service, such as showing up quickly. Which lends to why less people are utilizing their services and more using either Lyft or Uber. However, not all have a concept of this urgency when it comes to meeting their Uber/Lyft driver. I find that some tend to go beyond the 5 minute timer and lollygag around before they venture out of their houses or apartments to get in the car.
Rating and starts make the Uber Drivers compete with others. Therefore, to create the good rating and collect stars, Uber Drivers should wear a clean and tidy wear, included a clean car. Fast to answer that call from customers and understand the pickup location. If it is possible, the drivers can open the door for customers. It is important for the drivers to understand customers, whether they want to go by alternative street or main street. Drive nicely and patient,
With new Presidential leadership, Uber has faced major political challenges with the restrictions and emphasis on illegal immigration. Furthermore, the restrictions on illegal immigrants have affected the support drivers of Uber as many of the drivers were illegal immigrants (Anand, 2017). Consequently, when the current president imposed the travel band many Uber drivers that were outside the United States were unable to re-enter the country (Anand, 2017). As previously noted, Uber has faced many political challenges regarding its failure to require the Uber drivers to have background checks. Furthermore, there has been allegations of untrustworthiness of its drivers, which many have faced some type of criminal charges (Anand, 2017).
In every city Uber cabs have flooded, there have been numerous occasions where this ride sharing mogul has been taken to court. Whether by its own ‘independent contracted’ drivers or by disgruntled customers, to say the least Uber’s penetration into new cities is never easy. Taking the landmark California court case as an example of legal expenses endured by Uber, the firm was challenged in court which later ruled that Uber drivers were indeed employees of the company ("California Says Uber Driver Is Employee, Not a Contractor"). This momentous court case is just one example of legal fees Uber has had to pay, which resulted in the deterioration of the firm’s available
Furthermore, adding in electric cars and self-driving vehicles this will make the drive probably faster. Uber will see a decrease in the number of lawsuits that come in every year (Lim). This smart idea will come with
However, they would have safety concerns with the service provided by Uber. Presenting the experience bias and confirmation bias, there is numerous news of how Uber drivers are
Overall, driving a vehicle for a living seems to make a huge majority in the workforce, and some people do not realize the impact that job loss could have on the economy. Unfortunately, taxi drivers, truck drivers, delivery drivers, and many more may quickly lose their jobs in the upcoming years. One report states, “As many as four million truck, bus, delivery and taxi driving jobs could be lost if fully autonomous vehicle technology is adopted in a short period of time, according to a new report” (Simpson). If this report turns out to become true, many people will be without a job and this will also leave less jobs for others in the future. Not to forget that these job losses could also harm the economy. Equally important, the article states, “According to the organization, the economic ripple effects throughout those states and their regions would be severe” (Simpson). Autonomous vehicles have more impact on society and the economy than people
Although this may seem convenient in many cases Uber is not always available in unpopulated areas so it is not reliable. Based on demand, a taxi drivers rate never sky rockets unlike Uber. When they have surge, which is when they are being requested more often than usually their rates increase extremely. A ride that may have cost you about five dollars during regular days has changed to almost $30. This division may be over soon because no drivers may be necessary in the near future because of the upcoming driverless cars. Even people who teach languages have been mimicked by software such as Rosetta
It seems they want to be a part of the economy now. Dare we say, they want to legitimize their approach and become a more traditional taxi service. Yet, there is still a problem. The company does not want to treat its drivers like traditional taxi drivers. So do they have a chance of winning this
Firstly, none of Taxi drivers don’t care about safety, insurance and rules. Anti-uber protest was created because, taxis couldn't compete with UberX drivers, which means less salary. Taxi drivers are desperate about their jobs, but it doesn't give them permission for violence during the protest. UberX is cheaper, convenient and they’re simply in trend. However, law must be followed by everyone, thus UberX drivers have to get licence, insurance and be safe enough to provide the service.
Uber is not a traditional type of taxi system, it’s a application build in between driver and the passengers. it has it own ethics, it is very helpful for modern life style . and the use of uber is increasing day by day, its more faster cheaper more safety better than taxi.
Due to the increase in competition taxi drivers’ income has been negatively affected and there has been a decrease in their salary (Rahel, 2016). This is forcing taxi drivers to seek alternate employment to
If the demand from these customers’ change, then Uber will be forced to evolve to retain the customer segment, while adapting to the new segment. According to Anne Freier, in her article “Uber usage statistics and revenue” on Business of Apps, Uber currently offers their service to sixty countries, have eight million users, and give over one million rides daily.1 By offering more specialized rides Uber is trying to gain a larger market share and customize the experience to their customers. They are continuing to expand
The company’s intriguing advertisement “drive when you want, earn what you need” attracts millions of people around the world, especially in the U.S. Working for Uber, is becoming a quick way for people to make extra cash. Just about anyone who has a car can be Uber’s driver. Since the company considers its driver as an independent contractor, it does not require driver’s credential and comprehensive background check. Not until recently imposed by the legislature, Uber finally request 3rd party service called Checkr to runs a