Ridesharing has become the norm in the United States and the whole world. Ever since the advent of ridesharing apps like Uber, more and more people have been using it. Right now, it’s estimated that there are about 540 million people using ridesharing apps. This means that becoming a rideshare driver is becoming more profitable than ever.
As a rideshare driver, you are your boss. This means you can set your hours and work as much or as little as you want. However, it also means that it is up to you to be efficient with your time to make the most money possible. Here’s how you can be an efficient rideshare driver.
Use Technology
Technology is your friend, and you should not fear it regardless of its cost. It’s always a great way to get ahead of your competitors, irrespective of how much you invest. Here are three techs you should invest in.
GPS
A GPS navigation app will help you find your destination’s shortest and fastest route. This will save you time and gas, ultimately leading to more money in your pocket. Many GPS navigation apps are available, so find one that works best for you and your phone.
Dashcam
Having a dashcam is not only for your safety but can also come in handy if you are ever accused of anything during a ride. In addition, Dashcams continuously record while driving, providing proof in the event of any disputes. With over six million car accidents happening annually, it’s always good to have something to protect yourself.
Phone mount
It might not be a technology, but having a phone mount for your rideshare app will save you from fumbling with your phone while driving and potentially getting into an accident. It also makes it easier for your passengers to see the route and any updates on their ride. Invest in a good, sturdy mount that securely holds your phone.
Save on Gas
With gas reaching almost four dollars per gallon, saving as much as possible is essential. There are three main ways you can save on gas. Here are some of those ways:
Transfer Gas
If you have multiple cars used for ridesharing, it might be wise to transfer gas between vehicles to ensure that all of your cars have enough gas. This will prevent you from making multiple trips to the gas station and getting stuck in a car with no gas. If you’re planning to do this often, investing in a transfer tank for gasoline is good. This tank should help you transfer from car to car without wasting gas. It should also make the entire process much more manageable.
Join a Gas Rewards Program
Finding a gas rewards program can save you money in the long run. These programs are typically free to join and offer gas discounts or cash back. Many gas stations have rewards programs, so do your research and find one that works best.
Use Gas Apps
There are apps available to compare prices at gas stations in your area and find the cheapest. This can save you money on gas and ensure that you are constantly filling up at the cheapest station.
Know Your Hotspots
Every city has certain areas that are hot spots for rideshare requests. Learn where these hotspots are and plan your routes accordingly. This way, you can maximize the number of fares you get and minimize the amount of time spent driving around without passengers.
During high-demand times, rideshare apps will offer surge rates, where fares are higher for a limited time. These surges can increase your income significantly, so keep an eye out for them and accept as many surges ride as possible during those times.
Utilize Traffic Patterns
If you live in a city with a lot of traffic, chances are there are certain times of day when traffic is worse than others. So plan your routes around these times so you aren’t sitting in traffic wasting time and gas.
Offer Incentives
Many riders are looking for deals when they request a rideshare. Offer them something unique such as 10% off their fare if they book with you again in the future or $5 off their fare if they refer a friend. These incentives will not only help you get more business, but they will also help you build a loyal customer base.
By following these tips, you can be an efficient rideshare driver and make the most money possible. With just a little planning, you can maximize your earnings and have a successful rideshare business! Soon, you’ll save and gain more revenue from your ridesharing gig.
