The Problem: There are tons of transportation options available from ride-sharing services to the metro to buying a car. How does one find the cheapest option available? Exploring this question led me to my beautiful question: How can I make transportation more affordable by comparing different options.
My Solution: I plan to create an app and a website that compares ride-sharing services such as Uber and Lyft, metro and bus prices, gas prices in the area, and buying or renting a car. Also, I plan to include eco-friendly options that would help protect the environment such as promoting electrical cars, bike paths, or ride-sharing services.
Competitors: Right now, there aren’t many competitors that compare all the options that I plan on comparing. There are several apps that compare ride-sharing prices, but my app would be a hub that compares all transportation options not just ride-sharing apps.
Revenue Streams: I plan to generate most of my revenue from ads. I would filter through different ad propositions in order to find companies with ideas that similarly align with mine. I am still experimenting with revenue streams such as possibly a cheap monthly plan for premium features and discounts. Also, I could partner with organizations such as Uber, Lyft, and car dealerships in order to draw traffic to their brands while reducing prices at the same time.
Call to Action: I hope that you provide any feedback on how I can improve my app, solutions to helping the environment, or other features that you would like me to consider. I hope that my app will be beneficial to many in terms of comparing transportation options in order to find an affordable solution.
Link to my business model canvas: https://docs.google.com/document/d/1Xc5WIrt0m3JvvfxH9QjIqWfKmC5K90MeF044ru3jgnU/edit?usp=sharing