1 / 8

OK, so what do you think of your competitors?

OK, so what do you think of your competitors?. TNCs on Taxis. Taxis on TNCs. Taxi economics are different Uber? Who? Uber does not have a better product than me My city and country have better laws than others in protecting my business model. In denial, anonymous.

len-cantu
Download Presentation

OK, so what do you think of your competitors?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. OK, so what do you think of your competitors? • TNCs on Taxis • Taxis on TNCs

  2. Taxi economics are different • Uber? Who? • Uber does not have a better product than me • My city and country have better laws than others in protecting my business model. In denial, anonymous

  3. I must not try to run over Travis • I can not call the rideshare industry a bunch of a##holes on tv • I must stop trying to prevent app technology companies through the courts Anger management

  4. I can not do anything can I? • Argh! My drivers are deserting me for apps • My rental income is falling, can I increase the rent? • My medallion value is falling, can I sell it? Depression, take two apps a day

  5. I can always sell my medallions and become a TNC • If we can’t produce a better service, maybe they can add our circuit Bargaining, go-on add a taxi

  6. Lets revert to the traditional market economics, maybe we really are a competitive industry after all. • Price competition should be allowed, hang on, it already is allowed! • So we have a shift to a new market equilibrium, maybe the market has expanded after all. Derived demand is not a fixed demand. • I don’t have to mimic Uber to compete with them, but I do need an app that is better Accommodation

  7. Moving Ahead • We really need to look at regulations again. If the competition has sidestepped quantity regulation, why do we still have it? • If the competition can price without control, maybe everybody should? • HOLD TIGHT, medallion values are not an indicator of the strength of an industry, and will eventually have MARGINAL VALUE. • Outsmart them! Investment in better demand analysis and supply tools.

  8. Taxi Workshop: Future Taxis? • January 11th Washington DC • Taxi Intell Update • Taxi Research Partners

More Related