Nowadays, people are inclined towards on-demand home services apps and so the demand for such apps is soaring. One such popular app is UrbanClap. Knowing its vast growth & popularity, aspiring entrepreneurs are showing interest in entering the thriving on-demand sector.
The one who is willing to launch an on-demand home service app has to know its business model and ways in which revenue can be generated. This will guide you through the business model and revenue streams of UrbanClap Clone.
Business Model Of UrbanClap - How It Works?
The business model of UrbanClap Clone revolves around connecting professional home service providers and customers. The typical workflow of the on-demand home service apps is explained in steps.
- At the very beginning, the users have to sign up or register with the app with the required information.
- A list of service providers and services will be listed in the app. From these, the customers can search for their preferred services with the help of the smart search filter.
- The customers have an option to either book a service immediately or schedule it as per their convenience. Furthermore, they can view the estimated fare for the service.
- The service providers will receive instant notifications regarding the service requests. Upon confirmation, the customers can check the request status in real-time.
- The service providers render the services and the customers will make payment transactions.
- Then, the admin (platform owner) will deduct the commission charges from the service providers and the remaining will be transferred to their bank account.
- The customers could leave their reviews & ratings about the availed service alongside they can give feedback regarding the service provider.
Revenue Streams Of UrbanClap Clone
The following revenue streams are the common ways to generate income from an UrbanClap Clone.
- Commission charges from service providers
A fixed percentage of the commission fees will be charged for every service rendered by the service providers. The choice is up to you to set a fixed percentage.
- Advertising fees
Service providers would have an opportunity to promote their services within the app by publishing ads. Also, you can permit other related businesses to advertise their brands & services on your platform. For this, you can levy charges based on the ad frequency.
- Featured listing
The service providers who have registered with the app can feature their profiles in the app among many service providers. And so, these featured profiles will get higher visibility. Thereby, increase the chance of revenue. As a result, you can incur charges from the service providers for featuring their profiles.
In a nutshell,
Now, you will be clear on how the UrbanClap Clone app functions and the common approaches you ought to follow for generating revenue. If so, go forward with launching the on-demand home service app.
