In: Economics
Can Uber’s business model be applied in other industries globally?
Yes, definitely. Uber business model can be applied in other
industries globally. Globalisation and technology together has made
possible to come up with greater ideas like uber has come up with
this two sided Marketplace business model.
On one side it is providing taxi drivers a whole lot opportunity
for earning and be their own boss with less control and more
flexibility. And on the other hand, it Has made it very easy for
the population to not own a car but to hire and planted once and
read anywhere efficiently and One time.
Just like Uber other organisations across the globe can use this
business model in their businesses as well. Ober success has made
it very attractive for other fields like Ambulance medical
services, Food deliveries, mails Etc adopting this business model
to provide High level services for the customers and also build
employment for less skilled or underskilled workers.
Walking through apps for coordinating is now possible with
technology and it's getting more and more attractive with uber's
successful implementation of the same. Through app the businesses
can bridge the gap between the service provider and service
consumers. This will also increase the control of service provider
to work with respect to their own time convenience. And due to this
attractive flexible work time there are many employers always
available to work and consumers are always guaranteed to Get their
work done.