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 as much as 30% taken by companies like has been occurring with Uber and Lyft. The underlying motive for drivers to switch is that they will have to work less hours to make more money.
The company intends to launch this service inside the next month and is also targeting the opening for new drivers in LA and Orange counties while there is a dense population of both riders and drivers.
The service is also unique for riders because they get compensated to discuss the app with other friends, colleagues and family. Every time someone they share the app with uses the app to hail Tryp ride share, they earn $.40. This can generate a viral sharing frenzy to get people on the app, essential to bringing in the drivers. Tryp has communicated with us they want to launch sometime “within another two weeks” in Orange County and Los Angeles in California. However, they have been heavily recruiting drivers in places like Atlanta, New Orleans, as well as any area of the country they are able to get a hold of.
We chose to attend one of those presentations and record it for the notes. I quickly found a link that connected me to one of the 4 daily Zoom video conferences that Tryp gives to eager rideshare drivers seeking for more information. The presentation itself lasts about one hour along with a half and it is much like 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 almost no reference to any rideshare-related details. Since the Rideshare Professor points out, since this writing there is no brick niljss mortar HQ, no offices, no downloadable apps, nor any proof of licenses. You can 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 company is very tough and very expensive. Juno only gained market share simply because they were funded with huge amounts of money and had the ability to subsidize rides – but at the time of July 31, 2018 these people were doing around 33,000 trips per day, when compared with Uber’s 453,000 trips each day. So despite all of that effort, they were completely covered with Uber and also Lyft in just one city.
Tryp’s emergence should prove that it’s simple to get drivers to sign up with a company but getting passengers is where the actual companies separate themselves through the others. There’s a good reason why most drivers prefer driving for Lyft over Uber yet they still do almost all of their rides with Uber – it’s because Uber is where the passengers are and so the amount of money is.
How Come This Appeal To A Lot Of Rideshare Drivers? It’s no secret that numerous rideshare drivers are unhappy with the direction they have been treated inside the gig-economy. It’s easy to victimize that sentiment by giving a fast solution that seems to offer drivers a road to solving all of their problems. This is why it’s no coincidence that Tryp is offering to provide drivers everything they’ve ever wanted with few particulars on how.
Prime Leads: We are already “entrepreneurs” which have taken a leap of faith and demonstrated a willingness to shell out our very own funds 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 even have experience referring people to drive for Uber to get a bonus.