Bill Could Destroy Uber's Unsustainable Business Model
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Re: Bill Could Destroy Uber's Unsustainable Business Model
#2Re: Bill Could Destroy Uber's Unsustainable Business Model
#3Re: Bill Could Destroy Uber's Unsustainable Business Model
#4Re: Bill Could Destroy Uber's Unsustainable Business Model
#5Eh.. just charge people more money to use Uber. Yeah they would lose a lot of regular riders but will those people really go back to using cabs? Uber could double their prices and I would still use them over taxis 9/10 times.
I'm not sure what the free market textbook says about this but as a consumer it's a huge win.
Re: Bill Could Destroy Uber's Unsustainable Business Model
#6How about people get guaranteed certain rights and services by the government so we don’t have to worry about whether someone’s an employee or contractor?
Re: Bill Could Destroy Uber's Unsustainable Business Model
#7Eh.. just charge people more money to use Uber. Yeah they would lose a lot of regular riders but will those people really go back to using cabs? Uber could double their prices and I would still use them over taxis 9/10 times.
Re: Bill Could Destroy Uber's Unsustainable Business Model
#8Eh.. just charge people more money to use Uber. Yeah they would lose a lot of regular riders but will those people really go back to using cabs? Uber could double their prices and I would still use them over taxis 9/10 times.
They’d def lose riders. But not close to 50% of rides. Not even half that. For myself, I’d ride a bit less. Probably not do 1 in 4 rides I’d normally do. But when I need a ride back from the train station or I’m late to something and public transit will take too long. I’m not gonna take a cab. I’m going to still use them.
They could also both increase or add loyalty programs. Uber’s currently is pretty crappy as a casual rider. Im guessing doubling the loyalty program payouts wouldn’t cut into the 50% increase too much but could stop some of the ridership decrease bleeding.
Re: Bill Could Destroy Uber's Unsustainable Business Model
#9Eh.. just charge people more money to use Uber. Yeah they would lose a lot of regular riders but will those people really go back to using cabs? Uber could double their prices and I would still use them over taxis 9/10 times.
Where I live, Uber managed to force taxi services to evolve and embrace technology like mobile apps and GPS and flat estimates. And now the local taxi is much better than Uber, in my opinion. I'm not sure what the free market textbook says about this but as a consumer it's a huge win.