How Startups can Leverage the On-demand Economy? Key Steps and Strategies!

  • Ease of ordering the required services just in a few clicks
  • Flexible payment options like Cash-on-delivery, Advance payments through net-banking, mobile wallets, and even cryptocurrencies
  • Real-time tracking of orders to get a clear picture of the progress of the order
  • One-click cancellation or re-ordering/re-scheduling, in case something goes wrong
  • Effective communication with consumers through the apps
  • Higher customer satisfaction due to flexibility and convenience of ordering
  • Increased business ROI
  • Competitive advantage, strong online presence, and brand awareness
  • Numerous business opportunities as on-demand apps can be created for diverse businesses
  • Better user engagement and retention
  • Highly scalable apps as startups can mold the apps into a huge marketplace in the future.
  • Generation of intelligent analytics regarding consumer behavior, services/products that are more popular, their preferences, etc.
  • B2B Model: This is Business to Business Model for on-demand apps where one business connects with the other through the on-demand app for services.
  • B2C Model: This is the Business to Consumer Model, the most popular one, where the on-demand apps are meant to provide products or services between sellers and consumers directly.
  • C2C Model: This is the Customer to Customer Model. This type of on-demand app acts as a platform for exchanging products/services between different customers.

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