Louis

The ride-hailing taxi industry has a much wider scope for growth especially with the increase in the need for easy access to daily transit. In fact, the global ride-hailing market valued $36,450.0 million in 2017 is projected to reach $126,521.2 million by 2025. With the growing market demand, taxi businesses can gain massive profits if they can formulate an effective business strategy and rightly execute the same.

Louis

Affiliation is an emerging marketing concept in the business world. It is a kind of marketing that is based on performance where a business operator recompenses connected affiliates for bringing customers through their marketing efforts. It is a sales tactic that helps service providers grow sales by letting others target the same audience (who will be called “affiliates”). Such affiliates will be provided with a commission for recommending the service to others.

Louis

A statistics shows Facebook had 2.27 billion monthly active users, LinkedIn 260 million, and Twitter 326 million. The number keeps growing. According to a study, people across the world spend nearly 20 minutes every day on these social media. So, it would be the right platform for your taxi business to can find 65% of your potential customers. Marketing through such digital channels would be the smartest and cheapest way to reach your target audience with no investment.