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This sounds exactly like the ridesharing model. Drown the market in money, kill off your competitors by undercutting on price, then jack up prices to make a bu
by alex_young 8y ago
This sounds exactly like the ridesharing model. Drown the market in money, kill off your competitors by undercutting on price, then jack up prices to make a business.
The problem, like ridesharing, is once you start raising prices, you just lost all of your customers to a new competitor that hasn't spent all of their money.
I don't see how this model can possibly work. The barrier to switching is almost 0 to the user - you can already see that by looking at the Uber & Lyft tags on every car you get in. Installing another app isn't as hard as swapping insurance providers or mobile platforms.
- nugget 8y ago>then jack up prices to make a business Of course this hasn't happened in the rideshare market yet - it's cheaper than ever before. I've found Uber Express prices to be almost unbelievably cheap recently. Seems like there's at least some non-zero chance that these prices remain low until autonomous vehicles make them permanent and sustainable.
- ebikelaw 8y agoUberX prices have done nothing but increase in San Francisco for years. The minimum fare went from $5 to $7, the service fee from $1.35 to $2.20, etc.
- baybal2 8y ago>The problem, like ridesharing, is once you start raising prices And once you start raising prices, Aima and Niu waltz in and sell scooters for a price cheaper than a single ride
- sharemywin 8y agoOnly chance I see is put cameras on them collect the visual data along with the other sensors then you have a run away data set for a set of autonomous vehicle that navigates a sidewalk.