The CabEasy model has been done before in other industries with great success. Instead of explaining exactly what we do and why we know it can and should be done, something i have done countless times before on this blog, i think it may ring truer if i let examples of other models do the talking for me.
Here’s an example of the most successful price transparent transportation platform out there. By allowing users to name their own price, this company has cornered the market on do it yourself air travel . Market cap: $38 Billion
Here’s an example of a company that identified a fragmented market place, mostly comprised of single owner businesses that really had no idea of how to unlock the potential of an online audience. This company figured out that organizing and centralizing the process of reserving a table at a given restaurant could be done through a single portal which served both the customer’s interests as well as those of the restaurant owners. Market cap: $1.4 Billion
Here is a company which understood that simply the act of organizing an otherwise an unwieldy, unnavigable and inefficient universe, was all they needed to do to get the keys to the kingdom. Market cap: $292 Billion
Then there is the nature of the opportunity itself. Time and time again, the most stable paths to success have been ones that understood which way the wind was blowing and instead of either trying to fight the breeze or even more boring, take the same tack as the guys before them, the winners found a new path, navigating the same headwind but charting a slightly different course. Think HenryFord, think George Washington Carver, think Bill Gates. Today’s challenge for taxi booking apps is how best to navigate the multitude of taxi regulations from market to market while still providing a service that customers are familiar with — And doing it in a way that does not completely destroy the current small business operations that have historically done a good job of delivering the core service of taxi cab transportation.
CabEasy is all of these ideas in one. It is seeks to transform a market by offering a compelling strategy for achieving price transparency and thus more participation from consumers. It seeks to organize a fragmented market by centralizing and upgrading the communication network for both customers and business owners alike, much in the same way OpenTable has organized the business of restaurant reservations . CabEasy is focused on the issue of organizing an already present, yet inefficient marketplace, by making the process of finding the best local taxi cab services a one stop shop experience for the user. And, it intends to do this by working within the current laws and regulations, seeking to improve the current business atmosphere, not threaten small business owners with upending the model that has served the interests of both riders and transportation providers for so long.
If you are interested in learning more and/or interested in getting involved in helping us grow this platform, simply send a note to firstname.lastname@example.org. We are looking for innovative people who are ready to help us build the next Billion dollar company.