Rideshare services tap into urban transit networks for more seamless access
Trend - Seeking to combat on-going commuting issues, rideshare services are partnering with public transit and other city initiatives to create more seamless rides for consumers. These examples speak to the willingness of private services to collaborate with other city services as means to keep the consumer in mind.
Insight - Urban consumers, particularly commuters, spend a vast majority of their days navigating the best route, the best transit or simply the best time to travel. Despite the plethora of rideshare services offering alternative options, gaps between systems and pick-up locations still arise. Thus, riders are searching for platforms or services that take a more holistic approach to travel that take into consideration the specific needs and often annoyances of daily travel.
Insight - Urban consumers, particularly commuters, spend a vast majority of their days navigating the best route, the best transit or simply the best time to travel. Despite the plethora of rideshare services offering alternative options, gaps between systems and pick-up locations still arise. Thus, riders are searching for platforms or services that take a more holistic approach to travel that take into consideration the specific needs and often annoyances of daily travel.
Workshop Question - What adjacent industry could you tap for a partnership to create a more seamless experience for your consumer?
Trend Themes
1. Integration with Public Transit - Rideshare services like Uber and Lyft are integrating with public transit services to provide a more seamless travel experience for commuters, creating an opportunity for more efficient and eco-friendly transportation.
2. Green Transportation Initiatives - Rideshare companies are offering incentives to their drivers and users to choose eco-friendly transportation options, creating an opportunity for innovative companies to create and market electric or hybrid vehicles.
3. Holistic Transportation Platforms - Consumers are seeking transportation platforms that offer a holistic approach to travel, beyond just hailing a ride. This presents an opportunity for companies to create more innovative and comprehensive travel services for commuters.
Industry Implications
1. Transportation Services - Companies in the transportation services industry can look into integrating with public transit services, offering green transportation alternatives and creating more comprehensive travel platforms to stay competitive in the market.
2. Automotive Industry - As more rideshare companies offer incentives for drivers and users to switch to electric or hybrid vehicles, it creates an opportunity for the automotive industry to develop and market more eco-friendly transportation options.
3. Electric Vehicle Charging Infrastructure - As electric and hybrid vehicles become more prevalent in the rideshare industry, there is a growing opportunity for companies to develop and install electric vehicle charging infrastructure for drivers on the go.
