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 longer have as much as 30% taken by companies such as has been occurring with Uber and Lyft. The actual purpose for drivers to switch is they will need to work less hours to earn more income.
The organization wants to launch this particular service within the the following month and is targeting the opening for first time drivers in LA and Orange counties while there is a dense population of both riders and drivers.
The service is also unique for riders in that they get paid to discuss the app with 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 can produce a viral sharing frenzy to get people on the app, critical to bringing in the drivers. Tryp has communicated with us they want to launch sometime “within the next two weeks” in Orange County and L . A . in California. However, they have been heavily recruiting drivers in places like Atlanta, New Orleans, as well as any part of the country they are able to obtain.
We chose to attend one of those presentations and record it for the notes. I quickly found a hyperlink that connected me to among the 4 daily Zoom video conferences that Tryp gives to eager rideshare drivers seeking to find out more. The presentation itself lasts about an hour or so along with a half and is also much like the type of MLM presentation you will see from Vector Marketing (Cutco knives) or Herbalife, albeit modified to capitalize on the wonders in the modern internet.
What’s more, the presentation focuses heavily on recruiting other drivers. There exists almost no mention of any rideshare-related details. Since the Rideshare Professor indicates, at the time of this writing there is no 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 businesses like Ride Austin and studied new entrants like Juno then one common theme would be that the rideshare business is very tough and very expensive. Juno only gained market share because they were funded with vast amounts of money and were able to subsidize rides – but as of July 31, 2018 they were doing around 33,000 trips each day, when compared with Uber’s 453,000 trips each day. So despite everything that effort, they were completely dominated by Uber and even Lyft in just one city.
Tryp’s emergence should prove that it’s easy to get drivers to join up using a company but getting passengers is when the actual companies separate themselves from your others. There’s reasons why most drivers prefer driving for Lyft over Uber yet they still do most of their rides with Uber – it’s because Uber is the place where the passengers are and thus the amount of money is.
How Come This Appeal To Numerous Rideshare Drivers? It’s no secret that numerous rideshare drivers are unhappy with how they have already been treated in the gig-economy. It’s very easy to prey on that sentiment by offering a quick solution that seems to offer drivers a path to solving their problems. This is why it’s no coincidence that Tryp offers to give drivers everything they’ve ever wanted with few information on how.
Prime Leads: Our company is already “entrepreneurs” that have taken a leap of faith and demonstrated a willingness to shell out our personal money in something. We now have taken the primary risk to even start driving for Uber and many of us are even comfortable being independent contractors. We have experience referring people to drive for Uber for a bonus.