'Uber Pulse' Monitors Uber Surge Pricing to Get You the Best Rate
Michael Hemsworth — August 18, 2017 — Tech
The high rates that can come with Uber surge pricing can quickly make your trip far more expensive than usual, so 'Uber Pulse' is here to offer a way to get the best price possible. 'Uber Pulse' works by monitoring the rate in a specific area over the course of a given period to track when it's the best time to order a ride. This will come in hand for avid Uber riders who are looking for the best way to ensure they get the optimal rate when ordering a ride from the company.
The 'Uber Pulse' app works by monitoring Uber surge pricing to let you see how it has changed over the course of 30 minutes to determine when it's the cheapest to order a ride.
The 'Uber Pulse' app works by monitoring Uber surge pricing to let you see how it has changed over the course of 30 minutes to determine when it's the cheapest to order a ride.
Trend Themes
1. Surge Pricing Monitoring - Opportunity to develop apps or services that monitor surge pricing for various industries to help consumers get the best rates.
2. Real-time Pricing Analysis - Opportunity to create tools or platforms that analyze real-time pricing data in specific areas to help consumers make informed decisions.
3. Optimal Rate Optimization - Opportunity to develop algorithms or systems that optimize pricing or rates for different services based on demand and supply.
Industry Implications
1. Ridesharing - Opportunity for ridesharing companies to develop their own surge pricing monitoring tools to provide better customer experiences.
2. Public Transportation - Opportunity for public transportation systems to implement real-time pricing analysis to incentivize ridership during off-peak hours.
3. Travel and Hospitality - Opportunity for travel and hospitality platforms to offer optimal rate optimization tools for booking flights, hotels, and other travel services.
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