E scooter app business models – Coruscate Solutions https://www.coruscatesolution.com Custom Website Development Company Sat, 28 Aug 2021 13:08:39 +0000 en-US hourly 1 https://www.coruscatesolution.com/wp-content/uploads/2019/05/favicon_864edbf3ffd8d240f22ad0efd9a190c7-60x60_d5dff2c2ec67fb43259dd3f73efaacd5.png E scooter app business models – Coruscate Solutions https://www.coruscatesolution.com 32 32 How Tier Mobility’s Acquisition of Coup will Redefine e-Scooter Segment? + How to Make an App Like Tier + Create an App like Tier + Apps Like Tier + Develop Alternative of Tier https://www.coruscatesolution.com/how-electric-moped-for-e-scooter-sharing-business/ Fri, 28 Feb 2020 14:29:10 +0000 https://www.coruscatesolution.com/?p=22415 Tier Mobility recently acquired Coup’s electric moped, which shut its shop last year. This acquisition was made to achieve the single goal of offering sustainable mobility solutions to the end…

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Tier Mobility recently acquired Coup’s electric moped, which shut its shop last year. This acquisition was made to achieve the single goal of offering sustainable mobility solutions to the end users. Along with the 5000 mopeds, Tier Mobility has also taken over the charging infrastructure developed by the e scooter company.
The idea is to go from offering e-scooter solutions to e-mopeds, using the experience and expertise gained from the e-scooter segment.

Tier Mobility, based out of Berlin, was devised with the single goal of offering affordable and sustainable as well as short distance ride solutions to the market. It is currently located in 55 cities across 11 countries.

As can be seen from the way Tier Mobility has grasped the market, and how it has redefined sustainability, acquiring Coup will help it reposition its image and gain a better reach. Moreover, it also showcases how accepting people are of the e-scooter segment. In fact, in most countries it is a welcome idea, as it gives independence to the users, and allows them to commute the entire distance at an affordable rate.

What are the major benefits of e-scooter?

How to Make an e scooter App Like Tier, Develop Alternative app of Tier, Tier alternative app features to consider

There is a reason, apart from affordability, that has led to the increase in demand for e-scooters.

  • It is a sustainable solution. For those, who are looking for environment friendly solutions, the e-scooter seems to be an interesting concept. It will not only help people with commuting, but also prevent pollution, thus easing the environment.
  • The rides are quite affordable. The per hour charge is pocket friendly, which makes it an acceptable solution.
  • With e-scooters, you can maneuver your way through the traffic. That’s precisely why you should indulge in this solution. As they take up less space, and are quite easy to move around, you don’t get stuck in traffic.

Tips to Define an App Solution

 

With Coup, Tier Mobility will enhance the charging abilities for the mopeds. This simply means, you will be able to ride longer with a better charging facility. However, the most important factor that needs to be seen is how Tier Mobility plans to charge its customers.

Before getting to the nitty gritty of how the acquisition will revamp, here are a few things that you might get to learn from Tier’s e-scooter app solution.

  • Easy to Locate: The e-scooters should be easy to locate and quicker to hire. The app solution you are defining for the e-scooter business should make it easier for the users to find a dock-less scooter that is located nearby. They simply need to enter their pickup location, and the scooters around that area should be made available on the map. You need to create an app booking service that is quite similar to the cab booking apps.
  • Effortless Unlocking: When you are talking about dock-less scooters, the most important consideration would be safety. How will you ensure that the scooters are locked, and the user who has booked is the one to unlock the same? The QR code will play an important role in this. You can use the QR code unlocking technique to make it hassle-free and safe for the users.
  • Peek into the History: When you want to check the ride history and know how much you paid for a ride or where you found your dock-less scooter, it should be made easy for the customers. The user should be able to peek into the history, and should be able to view details of all the past rides.
  • Easy Payments: The payments within the app will help the users to pay for the rides, and ensure that all the rides are paid for. In fact, integration of the wallets and other cashless payment methods can help the riders to keep a tab of their payments.
  • Discounts for Engagement: If you have a loyal customer base, to retain them you ought to keep selling them better benefits with your app. You should introduce discounts and coupon offers that are specifically devised for them. you should in fact provide the customer base personalized offers that will engage them better.
  • Alerts in Real-time: The users want to know what is happening in the app, where their next ride is, what kind of offers have been devised for them, and other details. These alerts will help the users keep up with the latest happening.

As a good brand, you should use the feedback offered by the client base, and incorporate the ones that you feel are in sync with your needs. it will always benefit if you can use the right kind of feedback, and nurture your users to keep reaching out with their feedback.

How to Make Money with your App?

 

When you are planning an app, you not only plan the development strategy, but also the marketing and app monetization strategy. here, we will take you through the ways in which you can make money with your e-scooter app.

  • The target market for the e-scooter would be specific. In that case, you can show ads that you believe the market is interested in. These in-app ads will not only fetch good clicks, but also good revenue with it.
  • In some cases, the people in the target market would be dependent on the e-scooter for their commute. You can offer them subscriptions or annual membership, which will also help monetize your app.

Summing Up

 

The future for Tier Mobility is even more sustainable with chargeable mopeds that they have acquired from Coup. They will be enhancing the capability of the market and offering a competitive edge at the same time.

A basic chart for P2P payments app development cost is as follows:

If you are planning to enter the e-scooter segment, it is time to venture into this niche with a competitive distinction, one that can make you able and smart.

With Coruscate as your technology partner, you can differentiate using features that are specific to the market, and impress the users. We have an extensive experience in this segment, which helps us deliver to the user’s needs.

We have a finite timeline for delivering the personalized app solutions. Send in your e-scooter app development queries, and we will respond within a day’s time.

Note : We do not make clones of any exact application, clone means to us is how better we can execute your app idea with existing app features and experience.

The post How Tier Mobility’s Acquisition of Coup will Redefine e-Scooter Segment? + How to Make an App Like Tier + Create an App like Tier + Apps Like Tier + Develop Alternative of Tier appeared first on Coruscate Solutions.

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Technology, regulations, top investors, opportunities and challenges all you need to know to build the e-scooter app in Istanbul, Turkey and start e-scooter sharing business. https://www.coruscatesolution.com/start-e-scooter-sharing-business-in-turkey/ Mon, 13 Jan 2020 13:20:53 +0000 https://www.coruscatesolution.com/?p=22100 The global micro-mobility market which was valued at $3 billion in 2018, is projected to reach around $9.8 billion by 2025, at a CAGR of 19.9% between 2019 and 2025.…

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The global micro-mobility market which was valued at $3 billion in 2018, is projected to reach around $9.8 billion by 2025, at a CAGR of 19.9% between 2019 and 2025. Advancement in GPS tracking, connectivity, mobile payment, battery cost reduction and the increasing reach of the smartphones are the major factors causing transportation landscape witness massive growth and innovation. 

The business model of the e-scooter sharing business is so commercially successful that a micro-mobility startup can break even in less than 4 months for vehicle acquisition costs of around $400 and the utilization rate of 5 rides a day.  

Recently, after hitting the European market, USA market, the Latin American market and Australian market, the transportation revolution has now hit the Turkish market. People of major cities of Turkey who have been familiar with the car-sharing thanks to the top car-sharing companies like Zipcar and YOYO, have now started opting for micro-mobility vehicles to fight against traffic and climate change. 

With only 1.3% person per car rate and less market competition, Turkish cities are going to be the most profitable micro-mobility markets in coming years. So, if you are planning to build the e-scooter app in Turkey and in its largest city Istanbul, keep reading this blog. 

In this blog, we will discuss everything you need to know to start an electric scooter sharing business in Turkey by developing an e-scooter app. So, let’s start with the most common question: 

Is it a safe bet to start an electric scooter sharing business in Turkey?  

Yes, it is! Your micro-mobility business can easily be profitable in the Turkish market. And there are some strong reasons behind it. 

  • Economic Growth  

The stronger the economy, the easier it is for businesses to be profitable! The economy of Turkey has grown around 5% since the last 3 years annually. And according to IMF, the economy of Turkey is expected to grow at the same pace in upcoming years. 

  • Population Growth 

In many less populated cities, micro-mobility startups struggle to find potential users and usually end up finding only a few user groups. But in Turkish cities, the population is increasing by leaps and bounds. Population in Turkey has grown by 8.7% for the last 5 years and reached nearly 80 million. And most importantly, the working population has increased from 57.7% to 59% which is a hopeful sign for micro-mobility startups as working people are their major users. 

  • Congestion 

One of the reasons why people opt more for e-scooter is congestion. The 6 major cities of Turkey have 25% more congestion than a standard limit. Whereas, the largest city in Turkey, Istanbul, has a 49% higher congestion than the standard limit.  To quickly navigate through the congested streets, an e-scooter is the best mode of transportation. 

  • Investment on infrastructure 

When it comes to infrastructure, micro-mobility vehicles have their own challenges. An e-scooter requires a wide sidewalk or dedicated bicycle lane where a rider can ride the e-scooter safely. Unsurprisingly, all major cities of Turkey have e-scooter friendly infrastructure because of a few billion dollars of investment on infrastructure. 

  • Connectivity  

In Turkey, the individual internet rate is 66.8% and households with access to the internet are 80.7%. Which means, a micro-mobility startup can run an effective online marketing campaign & public awareness campaign and acquire a large user base. 

However, like all other markets, the Turkish micro-mobility market has some challenges which you have to overcome before developing the e-scooter app in Turkey. 

Challenges associated with Turkish micro-mobility (E Scooter business) market 

 
(Though there are challenges associated with Turkish micro-mobility market, our business experts can help you to decode each of them.)

  • Topography 

The largest city in Turkey, Istanbul, is divided into two parts. Though several bridges are connecting both parts of the city, it is not feasible to ride e-scooters on those bridges which are huge and built for the fast movement of cars and other heavy vehicles. Meaning, you should divide the operation area of electric scooter sharing business by enabling the geo-fencing. Following image clearly depicts how Istanbul is divided into two parts by a strait. 

Challenges associated with Turkish micro-mobility (E Scooter business) market 

  • Logistic 

The heavy commercial vehicles are prohibited from entering in most Turkish cities between 6 to 10 AM and 4 to 10 PM. Meaning, you should not be able to relocate e-scooters in heavy vehicles during this period of time. 

  • Mountainous region  

Majority of roads and streets of Istanbul have a higher degree of slope. On such roads, it becomes very difficult to ride the e-scooters which are powered by just 200-300 Wh of batteries. However, there are many high powered e-scooters available in the market which you can deploy in this geographically challenging business terrain. 

You can also consider government regulations as the challenge as sometimes due to lack of knowledge and lack of monitoring features in the admin panel, an operator does not obey the laws and falls into legal trouble. 

Following are the top rules related to the usage of e-scooter and e-bike imposed by the Turkish government. 

 

  • Any kind of electric vehicle over 0.25Kw and/or with a higher maximum speed of 25 Kmph should be registered. 
  • To ride a bike over 0.25 Kw you must hold a Motorbike Driving Licence. 
  • All e-scooters and e-bikes must be insured. 
  • Wearing a helmet while riding on the e-scooter or e-bike is compulsory. 

So, now when you know both opportunities and challenges associated with Turkish micro-mobility market, let’s quickly talk about the micro-mobility stakeholders of the Turkish market. 

Turkish micro-mobility market’s stakeholders including the investors 

 
The Turkish micro-mobility market is composed of major 6 stakeholders who all interact with each other. Those 6 stakeholders are, 

  • Users and government 

Users and the government are standing on the top. They act as the consumer and regulator. Government builds the regulations, prepares vision plans and gives incentives for startups. Whereas the users become the irreplaceable part of the sales life cycle of the micro-mobility startup. 

  • NGOs 

Independent organizations track changes in the world, raise awareness, direct public authorities and develop scenarios. 

  • Startups 

Startups are the vitally important stakeholder in the new micro-mobility market. They deploy e-scooters & mobile apps and interact with other stakeholders. Their interaction with other stakeholders defines the fate of their services. 

  • Investors 

Investors include mainly venture capitalists and angel investors. Middle East Venture Partners, TEMSA, STC Ventures, Aselsan, Aslanoba Capital, BMW, Wamda Capital, STM,  Renault, HummingBird, the Abraaj Group, Subaru and Saned are the top investors investing in the Turkish mobility market. 

  •  Universities 

Universities are responsible for applying their deep thinking into the sector to bring innovation in terms of hardware sustainability and operation. A micro-mobility startup can also tie-up with universities and deploy its e-scooters within the boundaries of universities. 

  • Technology partners 

Technology partners include hardware providers as well as a software provider. The software provider employs all his expertise to build the mobile app for a micro-mobility startup. And to make sure that the app is connected with the fleet of e-scooters (hardware), the software provider coordinates with the hardware provider in either a direct or indirect way. 

Looking for a technology partner to build the e-scooter app in Istanbul, Turkey? Know how much it costs. 

 
Coruscate is the top e-scooter app development company which has developed 10 e-scooter apps including the app named Poke for Istanbul, Turkey. To develop the Poke app with the highest-ever success rate, we studied the Turkish market well. And thanks to that learning, we can easily develop another unsurpassable app for this region. 

At Coruscate, we accommodate 100+ IoT engineers, app designers, app developers, research fellows, business experts and legal experts who all work together to make your business journey painless. Our business experts and legal experts help micro-mobility startups to study the market, prepare a business plan, decide on the business model and acquire the permit. 

For startups having different requirements, we offer 3 different app development approaches. You can choose an approach according to your requirements. 

To build the custom e-scooter app with all custom features, we charge somewhere between 15K to 25K. 

To build the clone version of some popular e-scooter apps like Lime and Bird, the price starts from just $10K. 

And our subscription plan which gives you a white label solution of e-scooter app and admin panel starts from just $500*. 

To know more about the e-scooter app features, validate your business model, get the personalized quotation along with free e-scooter app demo and free consultation, please feel free to contact us.

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How Can Rohak, a Micro-Mobility Solution, Make Your E-Scooter Rental Business Profitable? https://www.coruscatesolution.com/micro-mobility-solution-escooter-app-earning/ Wed, 20 Nov 2019 05:42:38 +0000 https://www.coruscatesolution.com/?p=21644 The initiative of scooter sharing looks quite incredible looking at the popularity of electric scooters over the past decade. As per the current trend, many startups have generated billions of…

The post How Can Rohak, a Micro-Mobility Solution, Make Your E-Scooter Rental Business Profitable? appeared first on Coruscate Solutions.

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The initiative of scooter sharing looks quite incredible looking at the popularity of electric scooters over the past decade. As per the current trend, many startups have generated billions of dollars in just 12 to 24 months. 

Why are the e-scooters fascinating and what does the future hold for the current success-booming trend?

 

Well, the electric scooters are an eco-friendly alternative to motor vehicles and public transportation. The idea of hiring an e-scooter is also far cheaper than riding to work by car or public transportation. People feel the e-scooters are more interesting than any other trend. These tiny vehicles are appealing as they provide comfort and this the reason why many like-minded people come up with the incredible idea of providing people with the service that they need. They also have a perfect marketing approach. The idea is needed by everyone so if you provide it to them, your business will become more profitable. The profit rates increase with the demands.

What should you consider to make the e-scooter business generate profits?

 

More than $1.5 billion have previously been emptied into influencing industry players, including two Californian companies—Bird Rides Inc based in Los Angeles and San Mateo-based Lime. Their latest funding rounds were generated as $2 billion and $1.1 billion valuations respectively.

Ever imagined what makes them this successful? Well, the first thing to consider is choosing a city where the demand for it is high and the idea thereof is barely established.

Remember, the world is a big place and there’s always space for more business. In the US, the UK, and Scandinavian countries the improving the sustainable initiative of a scooter-sharing business will also gain a lot more traction from the public ensuring its success. 

White-label solution

 

 “White label” is nothing but a fully supported service or a product, which is made by one company but sold by another company. Furthermore, you can put your own brand logo and identity on the product and it is much more cost-effective.

How does Rohak, our micro-mobility solution, help in earning profits?

Since the market is fully saturated these days, your inclination as an entrepreneur is to keep your product at the top. But at the same time, you do not want to spend excess money right in the starting phase of your business. So, you need a “White label” like Rohak which is fully supported and functional. 

1.Brand Visibility

 

Rohak provides your e-scooter business with brand visibility and also in a broader way brings out the enhancement in the percentage of the customers.

The majority of people like to use smartphones to find out if there is an e-scooter available nearby for the commute. You can kickstart your e-scooter business with the help of Rohak to provide the business with online visibility.

2. Making huge profits

 

As a new entrepreneur, you have to manage your cashflow. You cannot afford to put in all your investments in the app development as there are many other things that are more important. Rohak allows you to avoid investing extra money in the app development process and make profits by hitting off directly. 

3. Other Advantages

 

With the help of Rohak, you can build your own customized mobile app for e-scooter business and there is an added advantage of having an expert mobile app company to help you out with it. We provide an end-to-end solution and help you with each phase of your business. 

There are 3 ways in which Rohak can help you to earn money:

 

1. Easily drop-in e-scooter rides

 

The simplest way to earn money with Rohak is to sell it under your brand name. This is the most profitable way without a word of argument. Also, you can earn one hundred percent of the profits with each individual trip that your e-scooter makes. Since the e-scooters are so much in demand, you get a huge return on your initial investment.

2. Modify Rohak according to your business needs

 

Well, we can help you to customize and modify the existing features of Rohak as per your requirements. We can also help you with a highly effective marketing strategy that you can use to promote the modified product as an improved version over the original. You can even sell it to other e-scooter companies as a platform.

3. Sell Access To The Product or Service

 

If you are not yourself an e-scooter rental company, there is another way of making money with Rohak is to sell access to it through subscription-based licensing. You can allow the e-scooter rental companies to sell their services through your platform and it will really turn out very much profitable for you. 

All in all, our white label solution Rohak is the best option for the e-scooter rental business which lacks resources to invest in creating, designing and launching the mobile app. Rohak is empowered with the latest technologies and amazing features that could actually attract hundreds of customers for your business in just a few days. 

Rohak has previously been popular with a few of our e-scooter business clients and their reviews about the software have been remarkable. We have built Rohak after a deep study of many e-scooter businesses to avoid the mistakes which they have made and to provide you with a product that you can use to just get going with earning profits!

If you are interested to know more about the cost and technologies, visit our e-scooter app development page or feel free to connect with us for a free consultation session. 

 

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The post How Can Rohak, a Micro-Mobility Solution, Make Your E-Scooter Rental Business Profitable? appeared first on Coruscate Solutions.

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