Currently, all the businesses are carried out online, which makes the operability of businesses easy for an entrepreneur. There was no concept of digitization in the ventures in previous times as the people were part of the conventional business models. The entrepreneurs were also fed up using those models for their ventures.  

The people need to visit the local business premises as their time was wasted up to some extent. Hence, they cannot focus on the work they want to perform. The entrepreneurs were also facing the problems of managing their business manually performing every operation. So, this issue of the public and entrepreneurs was later solved by technology.

Digitization was brought into the picture by introducing the apps for performing the business. However, whether it is a food delivery business, grocery delivery, medicine delivery, or insurance business, these mentioned business sectors were not so efficient in the market.  

But, when it came to the taxi-sharing business, the apps gained immense popularity as the hard work of going towards the main roads was eliminated. Instead, the user can hire a taxi through an app by performing a few taps on their mobile phones. These apps are Lyft, Uber, Via, BlaBlaCar, etc.

Little Bit Information About Lyft:

The company was founded 9 years ago, on June 9, 2012. The company is based in San Francisco, California. Previously in 2012, the company began with an initiative of serving the rides between the cities with the name of Zimride.  

Later, in 2013, the company was renamed Lyft and served the shorter trips within the cities to the customer. The customer receives the mind-blowing app experience of cab-booking through an app, where he can book/schedule the ride, see the driver’s current location, and view the estimated time of reaching the driver at their entered pick-up location.  

With such a facility offered to their customers, the firm received a great response from the public in the form of the number of current users, which were 18.73 million according to the analysis of 2021.  

Amongst all the apps, Lyft rose much higher in the US taxi-sharing market. Hence, the local taxi business owners were motivated to develop app similar to lyft to initiate their businesses online. Moreover, the platform comes with amazing customization options and enable entrepreneurs to hit the market earliest.  

Business Model of Lyft:

Source : FourWeekMBA

Lyft consists of the business model for its major 3 stakeholders – customer, driver, and admin. All of the three users receive certain advantages. For example, as admin can handle the business quickly by sitting at their homes, while the Drivers can work according to their availability, can receive the payments by deducting the commission, & the customer can get the service of booking from an app, and the driver arrives at their pick up point within a few minutes.

Value Proposition:

The company gives the finest value proposition to its drivers and customers. Following are the value propositions mentioned for both the stakeholders of the company:

Customer:

1. Minimal wait time: The customer can now instantly seek the ride-hailing experience as the taxi arrives rapidly within a few minutes of booking it.
2. Multiple payment gateways: The consumer can pay through various payment methods available to them.
3. Discount on rides: The user can get the various discounts on the occasions or on their first ride-booking experience.
4. Live tracking of taxi: The customer can track the cab they have booked through in-app navigation available.
5. SOS panic button: The customers can call emergency help through an SOS panic button provided in an app in dangerous situations if they feel unsafe.

Drivers:

1. Additional Income Source: The driver can get a task from an app and can get the payment when the ride finishes as an extra income source.
2. Adjustable Working Hours: The driver can set their availability status through an app and can work accordingly.
3. Simpler Payments: The firm provides a driver the simpler payments by deducting the 20% of their payments received.

From Where Does The Lyft Earn A Revenue?

The company provides a taxi-sharing service to the customers where they can book their rides according to their suitable time for sharing a ride. Now, let us go through the following aspects through which Lyft generates its revenue:

Various Packages Served:

The platform provides various packages to their customers to get multiple facilities as they need to pay several charges to the firm.  

Commission from rides:

With every payment made to the driver on finishing their trips, Lyft deducts 20% of payments as a commission and pays the rest of 80% payment to the drivers.

Charging as per requirements:

The firm has the feature of a heat map being provided in the app. It denotes the density of requirements generated into the map, and Lyft charges fees to the users, which is directly related to a heat map.  

Final Words:

Hence, you can establish your venture by implementing the business model of Lyft and can survive in the market as there are enormous demands of automating businesses because it becomes a challenging task for local offline businesses to handle such significant demands.

Black07 was created to take the crypto world to its highest level. Users may invest for 7x profits, play for 7x enjoyment, and make 7x returns in seven months with this utility token. Black07 is a multi-utility token with increased profitability.

The Miracle’s development team is always inventing and has a fast development cycle in order to produce new crypto-based products that will use Black07. With a potential total supply of 70 million tokens at its disposal, the tokens have been distributed and split in a way that appears to benefit every area. Due to this, from a maximum total supply of 70 million, a total of 49 million Black07 tokens will be burned over seven months, increasing the value of Black07 day by day.

Black07 is reinventing the market through many use cases. For those who are familiar with cryptocurrencies and blockchain technology, investing in Black07 makes sense.

The Ecosystem of the Miracle Finance

The initial phase will include the introduction of the website, an Initial Coin Offering (ICO), and the listing of Black07. Magic Swap, a decentralised swap exchange for Black07 users, will be launched in the second phase. Furthermore, The Miracle Finance intends to allow farming and staking Black07 tokens in order to gain them via holding. Users will be able to optimise their earnings by using Black Miracle Yield Farming & Staking Platform’s Annual Percentage Rate (APR) and Annual Percentage Yield (APY). The next step will be to develop a peer-to-peer gaming platform that will allow users to utilise Black07 to compete against other users without the aid of an algorithm. Black Chess is the first game in a series of P2P creative games.

Introducing Black Chess: The Revolutionary Step towards Peer-to-Peer Gaming

It allows players to have a PvP experience similar to that of famous games. Furthermore, because chess is a mental game, Black Chess allows players to collect Black07 tokens based on on their skill level and talent, There is no CPU. There is no algorithm. There is no luck.

Introducing Defamatory Game Mechanism

As a result, users will receive 100% of their investment for each game, plus 70% of the opponent’s investment if they win. With the remaining 14% being utilised in the creation of new games.

14% of tokens being utilized in the creation of new games.
7% of tokens will be given to all Black07 token holders according on their holdings’ value.
At Magic Swap, 7% of tokens will be added to the liquidity pool.
A total of 2% of tokens will be burnt.

This technique will apply to any peer-to-peer gaming platforms that The Miracle Finance will offer in the future, not simply Black Chess. As a result, whether players play the game or not, they will receive a fixed amount of return owing to the deflationary game mechanism.

Expanding the Miracle Ecosystem: Web 3.0

Miracle Ecosystem will extend in various directions following the debut of Black Chess. Through Miracle Launchpad, the initial avenue will be to provide a launchpad for other crypto entrepreneurs. The next step will be to provide smart contract and decentralised app development services to other businesses or startups. In addition, the Miracle Finance team will be working on a clever Blockchain network to facilitate speedier transactions of Black07 coins. Following that, a centralised cryptocurrency exchange will be established to allow consumers to trade digital assets.

The NFT path will be studied and incorporated into the ecosystem’s other goods with the Magic World. Furthermore, with the release of PC and Play Station titles, the gaming avenue will be further enlarged. The launch of a decentralised music player, a first in the music and crypto field, will be one of the ecosystem’s standout features. It will allow artists to profit from their work, as well as people who just listen to music to profit. The Heavenverse, which will combine all of the aforementioned items to create a virtual environment unlike any other, will be created in the final phase.

Black07 is a utility token, which makes it more appealing to invest in it and earn higher profits. For further information, potential users could go to the website. Follow The Miracle Finance on Twitter or Telegram to stay up to date.

However, the COVID-19 outbreak has not ended the restaurant industry’s woes. Businesses of all sizes, in all locations, and all niches have managed to survive by reacting quickly and adapting. With more restaurants opening, it’s becoming clear that these changes will continue.

In the chaos of COVID-19, restaurants had no choice but to adapt and evolve. In the wake of 110,000 establishments closing permanently, the industry quickly learned it must adapt to survive. And here, food delivery apps come to the rescue as restaurants can either list themselves on popular food delivery apps or develop their own to market their signature dishes and keep their operations afloat amid this challenging time.  

Restaurants and pubs that offer sit-down service have been struggling to keep their doors open. Places that offer delivery and pickup are also seeing increased order volumes. Meal kit delivery services are also seeing a large increase in popularity. Customers are increasingly turning to online food delivery apps as they allow them to enjoy a delicious meal at their doorsteps.  

The online food delivery market is booming across the globe, and UAE or the Middle East is not something left behind in the race. For a brief period, everyday life in the UAE may be disrupted as people face a period of self-isolation or quarantine, but food delivery apps such as Talabat, Zomato, Deliveroo, etc., turned advantageous for restaurants as well as customers.  

How Talabat Win the Game in the UAE Food Delivery Market

Talabat has maintained a solid reputation in the online stratosphere for many years as one of the best platforms for ordering food in Dubai. A rockstar customer support team, a fast-food order fulfillment system that works like a charm for customers all over the UAE, and more than 1,000 employees support the company’s operations.

There have been more than 10 million downloads of Talabat’s food ordering app at the Android store and more than 7 million downloads at the Apple App Store. The app’s food delivery app users often order halal traditional menus at competitive prices through the app.

Talabat’s mobile phone app is the best way to get started if you are interested in giving it a shot. This is the major reason why food delivery business owners wish to have a Talabat similar platform for their venture.  

A dedicated user panel is available for food business operators, a panel for delivering goods for fleet management, and a panel for processing orders placed online by customers. Talabat has surely achieved major success in the UAE and is planning to expand its operations in other countries.  

Looking for the Best Talabat Like App? Here’re the Providers

Indeed, there are many food delivery apps in the market, but customers’ preferences are evolving, and the demand for similar solutions is increasing. So there is much room for improvement and growth in this particular area. If you are one of the entrepreneurs who want to enter the food delivery market and found Talabat’s business model appealing, below are the best technology partners that can help you achieve business goals.  

Elluminati Inc

Searching for the best app solution like Talabat? Then, shake hands with Elluminati Inc and get a readymade solution with amazing customization options. From app design to development to test and launching, the company offers all solutions at affordable rates.  

Explore More Details:   Visit Here

ValueAppz

Digitize your restaurant business now with the best Talabat like app and streamline ordering and delivery operations now. ValueAppz’s solutions also help you grow in this competitive era while ensuring you business automation while spending less.  

Explore More Details: Visit Here  

Nectareon

Enter the rising online food delivery market and fulfill customers’ needs by embracing one of the best Talabat like app platforms for your business. If you are from a non-technical background, then contact Nectareon for the development of the best Talabat like app.  

Explore More Details:   Visit Here

Ways Talabat Similar App Can Grow Your Business

Time and customer expectations have changed, so it is imperative for restaurants to adapt to the latest technology developments quickly. Noticeably, food delivery apps like Talabat are taking the restaurant industry by storm, and the majority of emerging entrepreneurs are taking advantage of this growing market. Here are the certain ways an app like Talabat help you grow your conventional food delivery business,  

• Boost branding
• Improve customer experience
• Acts as a marketing tool
• Acquire more customers
• Increase profitability

A value of $28.5 billion is predicted for UAE e-commerce by the end of 2019. The F & B market in the UAE has experienced rapid growth during the short period of 2010-2015 with a CAGR of 12 percent. In addition, three out of four people in the UAE receive food deliveries at least once a week, according to KPMG, so there is a huge potential in this particular sector.  

Ending Note

While restaurant foot traffic and online reservations may have declined, online pickups and deliveries have exploded in the UAE, and this is the strong reason why more and more entrepreneurs want to capitalize on the market. Moreover, since online food ordering has become a trend in this digital era, investment in Talabat like app solutions definitely helps you grow the business.  

Marketing can be tricky. Email marketing is even trickier. Here are 10 tips that can ease your journey into the Email Marketing world.

1. Have a catchy subject line

Having a catchy subject line is imperative to grab the attention of any reader. Ensure that your Header is popping out, highlighting the essence of our email, yet not boring and drab.
(bonus tip- use preheader to increase the length of your subject line)

2. Personalize every email with the reader’s name and company

Personalizing emails here doesn’t mean entering every email manually. Use Automation tools like MailChimp, GrowMeOrganic, or HubSpot to have a ready draft and a list of names. It’ll do the job for you, for free; no manual labor.

3. Ask yourself, “Is the content providing value”

“Would I actually buy what I’m currently selling?” is a question every sales and marketing person must ask themself. If not, what can you do to make your product/service something worth buying? Add those points to your email. Make sure you think that it’s worth investing in.

4. Put the reader’s interest first

Instead of constantly promoting your product in sales-y ways, highlight the customer’s needs, problems, and efficient ways they can be resolved. your product/ service.
For Example- “Amazon is a wonderful brand that now has 1-day delivery options. Buy now to avail of the offer!”

You may not want to go down this path. On the other hand,

“Did your pesky charger stop working again and you have an urgent meeting tomorrow?
We now also do 1-day deliveries for your urgent needs! Most of our products have warranties as well. You know, just in case for next time? :)”

5. Don’t be too generic, maintain a brand voice and identity

Closely examine the latter half of the previous example. Do you notice a difference between the voices of the two examples?
One of them has a generic textbook sales voice while the other has a personality of its own. The emoticon adds an element of human touch.

6. Easy to read content, bold, italic, short sentences, avoid long paragraphs

Having words written in a monotonous fashion, monotonous fonts, and display can bore the reader. The attention span of the common reader is a mere 8 seconds. Having important words in bold and/or italic helps retain the attention span. Similarly, shorter, concise sentences tell more of a story in lesser words. Your longer statements and extensive vocabulary may not do anyone any good. Keep that thesaurus away! Simple language expands your user demographic to a wider level.

7. Mobile-friendly design

As most people write work emails from a laptop/computer, they forget that people commonly check emails from their mobile phones. In fact, Mobile users check emails 3X more frequently than desktop users. Make sure that the email design is mobile friendly as well as device friendly. This applies to ios and android too.

8. Whitelist instructions are important to avoid spam

Here by Whitelisting, we mean, ensuring that the reader has approved of you sending them an email. This can work as subscribing to a free email listing/ newsletter.

9. Include at least 1 Call-To-Action in your email

Call-To-Action or CTA drives the reader to interact with your brand by will. It can be something as simple as clicking on your service list URL or subscribing to your YouTube channel. A common example of a CTA chain that works is-

Email→ Website link in email→ Pop up on your website leading to a consultation call

10. Be mindful of when your Email is being sent

Send out your Emails on days that have more engagement, and time periods that have more engagement. Keep a check on personal as well as average reader insights and incorporate the data to your benefit.

Bonus tip if you made it till the end: Notice the use of a statistic in points 6 and 7 of this article. Statistics help build the credibility of your brand along with your personal opinion.

As important as it is to keep these in mind, one mustn’t forget that Trial and Error is the way to go! Test! Marketing is relative and can work differently for everyone. A/B testing is imperative to any Marketing/ Salesperson. All the best!