A new rideshare company, Tryp Rides, is soon to launch their particular service of 100% fare, tips and wait chargers for drivers in LA and Orange county. Drivers will no more have just as much as 30% taken by companies such as has been occurring with Uber and Lyft. The actual motive for drivers to switch is that they will have to work less hours to earn more money.
The company intends to launch this particular service inside the next month and is also targeting the opening for first time drivers in LA and Orange counties while there is a dense population of both riders and drivers.
The services are also unique for riders in that they receive money to talk about 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 obtain people on the app, essential to attracting the drivers. Tryp has communicated with us they want to launch sometime “within the next two weeks” in Orange County and La in California. However, they have been heavily recruiting drivers in places like Atlanta, New Orleans, as well as any portion of the country they could get a hold of.
We chose to attend one of these presentations and record it for our notes. I quickly found a web 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 an hour or so as well as a half and is also nearly the same as the sort of MLM presentation you would probably see from Vector Marketing (Cutco knives) or Herbalife, albeit modified to capitalize on the wonders of the modern internet.
What’s more, the presentation focuses heavily on recruiting other drivers. There is certainly hardly any mention of any rideshare-related details. As the Rideshare Professor indicates, at the time of this writing there is absolutely no brick niljss mortar HQ, no offices, no downloadable apps, nor any evidence of licenses. You should check out his ideas on Tryp here.
Rideshare Businesses are Tough – We’ve interviewed CEOs of rideshare brands like Ride Austin and studied new entrants like Juno then one common theme would be that the rideshare business is very tough and extremely expensive. Juno only gained market share because they were funded with huge amounts of money and could actually subsidize rides – but as of July 31, 2018 these people were doing around 33,000 trips per day, in comparison to Uber’s 453,000 trips daily. So despite everything that effort, these were completely dominated by Uber and also Lyft in only one city.
Tryp’s emergence should prove that it’s very easy to get drivers to sign up with a company but getting passengers is where the real companies separate themselves from the others. There’s a reason why most drivers prefer driving for Lyft over Uber yet they still do the majority of their rides with Uber – it’s because Uber is when the passengers are and so the cash is.
How Come This Appeal To So Many Rideshare Drivers? It’s no secret that lots of rideshare drivers are unhappy with the direction they have already been treated inside the gig-economy. It’s very easy to prey on that sentiment by providing a simple solution that generally seems to offer drivers a way to solving their problems. For this reason it’s no coincidence that Tryp is providing to give drivers everything they’ve ever wanted with few information on how.
Prime Leads: We are already “entrepreneurs” who have taken a leap of faith and demonstrated a willingness to invest our own money in something. We now have taken the first risk to even start driving for Uber and many of us are even comfortable being independent contractors. We have even experience referring men and women to drive for Uber for a bonus.