A new rideshare company, Tryp Rides, is soon to launch their particular service of 100% fare, tips and wait chargers for drivers in LA and Orange county. Drivers will no longer have just as much as 30% taken by companies such as has been occurring with Uber and Lyft. The actual motive for drivers to switch is they will need to work less hours to make more money.
The organization intends to launch this service inside the next month and it is targeting the opening for new drivers in LA and Orange counties since there is a dense population of both riders and drivers.
The services are also unique for riders in this they get paid to discuss the app with some other friends, colleagues and family. Each and every time someone they share the app with uses the app to hail Tryp ride share, they earn $.40. This can generate a viral sharing frenzy to get people on the app, essential to bringing in the drivers. Tryp has communicated around they intend to launch sometime “within another two weeks” in Orange County and La in California. However, they have been heavily recruiting drivers in places like Atlanta, New Orleans, and any area of the country they can get a hold of.
We decided to attend one of these presentations and record it for our notes. I quickly found a hyperlink that connected me to among the 4 daily Zoom video conferences that Tryp gives to eager rideshare drivers seeking to find out more. The presentation itself lasts about an hour or so and a half and it is very similar to the sort of MLM presentation you would see from Vector Marketing (Cutco knives) or Herbalife, albeit modified to capitalize on the wonders of the modern internet.
What’s more, the presentation focuses heavily on recruiting other drivers. There exists almost no reference to any rideshare-related details. Since the Rideshare Professor highlights, as of this writing there is absolutely no brick niljss mortar HQ, no offices, no downloadable apps, nor any evidence of licenses. You should check out his ideas on Tryp here.
Rideshare Companies are Tough – We’ve interviewed CEOs of rideshare businesses like Ride Austin and studied new entrants like Juno and something common theme is the fact that rideshare organization is very tough and very expensive. Juno only gained market share since they were funded with vast amounts of money and could actually subsidize rides – but as of July 31, 2018 they were doing around 33,000 trips per day, when compared with Uber’s 453,000 trips each day. So despite all that effort, these were completely dominated by Uber and even Lyft in only one city.
Tryp’s emergence should prove that it’s simple to get drivers to sign up using a company but getting passengers is the place where the actual companies separate themselves through the others. There’s reasons why most drivers prefer driving for Lyft over Uber yet they still do almost all of their rides with Uber – it’s because Uber is where the passengers are and therefore the amount of money is.
Why Does This Appeal To Numerous Rideshare Drivers? It’s no secret that numerous rideshare drivers are unhappy with the way they have been treated inside the gig-economy. It’s very easy to prey on that sentiment by providing a quick solution that appears to offer drivers a way to solving their problems. This is the reason it’s no coincidence that Tryp is providing to provide drivers everything they’ve ever wanted with few information on how.
Prime Leads: We have been already “entrepreneurs” who have taken a leap of faith and demonstrated a willingness to spend our very own funds in something. We now have taken the first risk to even start driving for Uber and many of us are even comfortable being independent contractors. We even have experience referring individuals to drive for Uber to get a bonus.