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 actual motive for drivers to switch is that they will need to work less hours to earn more money.
The organization plans to launch this particular service in the the following month and it is targeting the opening for first time drivers in LA and Orange counties since there is a dense population of both riders and drivers.
The service is also unique for riders in that they get compensated to share the app with some other friends, colleagues and family. Each time someone they share the app with uses the app to hail Tryp ride share, they earn $.40. This may generate a viral sharing frenzy to get people on the app, important to attracting the drivers. Tryp has communicated along with us they intend to launch sometime “within the next two weeks” in Orange County and Los Angeles in California. However, they are heavily recruiting drivers in places like Atlanta, New Orleans, and then any part of the country they are able to obtain.
We decided to attend one of these brilliant presentations and record it for your notes. I quickly found a link that connected me to one of many 4 daily Zoom video conferences that Tryp gives to eager rideshare drivers seeking for more information. The presentation itself lasts about an hour as well as a half and is also very similar to the sort of MLM presentation you will 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 very little mention of any rideshare-related details. Since the Rideshare Professor points out, as of this writing there is not any brick niljss mortar HQ, no offices, no downloadable apps, nor any proof of licenses. You should check out his thoughts on Tryp here.
Rideshare Businesses are Tough – We’ve interviewed CEOs of rideshare brands like Ride Austin and studied new entrants like Juno and something common theme is that the rideshare organization is very tough and extremely expensive. Juno only gained market share since they were funded with huge amounts of money and could actually subsidize rides – but as of July 31, 2018 these were doing around 33,000 trips each day, compared to Uber’s 453,000 trips per day. So despite all that effort, these people were completely dominated by Uber as well as Lyft within 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 true companies separate themselves through the others. There’s a 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 when the passengers are and thus the cash is.
Why Does This Attract So Many Rideshare Drivers? It’s no secret that numerous rideshare drivers are unhappy with how they have been treated in the gig-economy. It’s simple to victimize that sentiment by giving a fast solution that appears to offer drivers a road to solving their problems. This is why it’s no coincidence that Tryp is offering to offer drivers everything they’ve ever wanted with few information on how.
Prime Leads: We have been already “entrepreneurs” which have taken a leap of faith and demonstrated a willingness to shell out our personal cash 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 people to drive for Uber for a bonus.