A new rideshare company, Tryp Rides, is soon to launch their unique service of 100% fare, tips and wait chargers for drivers in LA and Orange county. Drivers will no more have as much as 30% taken by companies such as has been occurring with Uber and Lyft. The underlying motive for drivers to switch is that they will need to work less hours to earn more money.
The organization wants to launch this service within the next month and is also targeting the opening for brand new drivers in LA and Orange counties while there is a dense population of both riders and drivers.
The service is also unique for riders in this they receive money 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 produce a viral sharing frenzy to get people on the app, essential to attracting the drivers. Tryp has communicated along with us they plan to launch sometime “within the following two weeks” in Orange County and Los Angeles in California. However, they are heavily recruiting drivers in places like Atlanta, New Orleans, as well as any area of the country they are able to get a hold of.
We made a decision to attend one of these presentations and record it for your notes. I quickly found a link that connected me to among the 4 daily Zoom video conferences that Tryp gives to eager rideshare drivers seeking for more information. The presentation itself lasts about one hour as well as a half and is very similar to the sort of MLM presentation you would probably see from Vector Marketing (Cutco knives) or Herbalife, albeit modified to capitalize on the wonders in 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, since this writing there is absolutely no brick niljss mortar HQ, no offices, no downloadable apps, nor any proof of licenses. You can check out his ideas on Tryp here.
Rideshare Companies are Tough – We’ve interviewed CEOs of rideshare brands like Ride Austin and studied new entrants like Juno and one common theme would be that the rideshare business is very tough and incredibly expensive. Juno only gained market share because they were funded with huge amounts of money and were able to subsidize rides – but as of July 31, 2018 they were doing around 33,000 trips daily, when compared with Uber’s 453,000 trips per day. So despite all that effort, these were completely dominated by Uber and even Lyft in just one city.
Tryp’s emergence should prove that it’s easy to get drivers to sign up using a company but getting passengers is where the actual companies separate themselves from your 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 so the money is.
Why Does This Interest A Lot Of Rideshare Drivers? It’s no secret that lots of rideshare drivers are unhappy with the way they have been treated in the gig-economy. It’s easy to victimize that sentiment by offering a fast solution that generally seems to offer drivers a road to solving all of their problems. This is the reason it’s no coincidence that Tryp offers to offer drivers everything they’ve ever wanted with few details on how.
Prime Leads: We are already “entrepreneurs” who have taken a leap of faith and demonstrated a willingness to shell out our own funds in something. We now have taken the initial risk to even start driving for Uber and many of us are even comfortable being independent contractors. We have experience referring people to drive for Uber for any bonus.