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A COMPARITIVE STUDY ON CONSUMER PERCEPTION TOWARDS OLA
AND UBER
Under the Guidance of:Dr. Anitha Garg Submitted By: Garvit Jalan
Maharaja Agrasen Institute of
Management Studies 0861470121
This is to certify that the minor project titled A COMPARITIVE STUDY ON CONSUMER
PERCEPTION TOWARDS OLA AND UBER is an academic work done by “Garvit Jalan”
submitted in the partial fulfillment of the requirement for the award of the degree of BBA at
Maharaja Agrasen Institute of Management Studies, Delhi, under my guidance & direction.
To the best of my knowledge and belief the data & information presented by him/her in the project
Signature :
Designation :
DECLARATION BY THE STUDENT
This is to certify that I have completed the Minor Project report titled” A COMPARITIVE STUDY
ON CONSUMER PERCEPTION TOWARDS OLA AND UBER” under the guidance of “Dr.
Anitha Garg” in partial fulfillment of the requirement for the award of Degree of BBA at Maharaja
Agrasen Institute of Management Studies, Delhi. This is an original piece of work & I have not
Date: Signature:
S.NO.
Topic Page No.
1
Declaration
2
Acknowledgement
3
Tables of Content
4
Chapter-1: Introduction to industry
5
Chapter-2: Introduction to company
6
Chapter-3: introduction to topic & literature
review
7
Chapter-4: Research Methodology
10 Recommendation
11 Bibliography
12 Questionaries
Executive Summary
This study helps to understand the customer on the basis of the customer’s
preferences. This study is focusing only on the factor which helps to determine
the expectations of the customers. This study provides the company information
in many ways so that the company can solve the problems and can provide a
better satisfaction level to the customers. so, they can become loyal customers
and get attracted by these cab services.
Random sampling method was used by the examiner. The examiner has taken
responses from 100 respondents at randomly to know their opinions, satisfaction
level, expectation, problem they are facing in the store. Structured questionnaires
were used and secondary data was collected from the different websites. The
company has always tried to maintain its high standard when it comes to giving
service to the customers.
The main aim of this study is to see how to attract customers towards the online
cab services by satisfying
them with the service to understand the customers with the customer’s
expectations.
CHAPTER 1
INTRODUCTION TO THE INDUSTRY
The industry in which Ola Cabs & Uber Cabs are dealing in is Online Cabs
Industry.
India- A country known for lowest car ownership across all emerging countries
found a new answer to its mobility needs in 2013, when Taxi for sure launched
its app based on-demand taxi programme. The very same year, when Uber
entered India and launched its services in Bangalore.
Till 2014, there were very few takers for on-demand taxis but a lot changed in
2015 when Ola rolled out a much improved and accurate app with broader
coverage. Till 2014 and even early 2015, Ola`s ~20% bookings were made
through laptops and desktops. India`s weak internet infrastructure and
comparatively lower smartphone penetration was prime reason behind this.
The smartphone penetration was 6% in India in 2013 and, reached 45% by May
2021. In metro cities, the penetration reached 85-90% by Q1-2021 and that is
when and where the revolution of on-demand taxis began in India.
Among various transportation mode cab service gained popularity because of its
advantage of door-to-door service and now because of technological
advancement customers were able to book cabs at competitive price in just one
click using their smart phones. These App based cab services were having
tremendous potential for growth in densely populated countries like India where
parking is major problem because of space crunch as well as public transports are
over cowered during peak hours. Slowly this convenient mode of travel started
gaining popularity and competition became dense after Uber’s launch in 2013.
As customers have become more demanding it’s a challenging job for rental cab
industry to meet the customer’s expectations. Now a days not just the price but
quality service also plays an important role in customer satisfaction. Now using
a smart phone consumer can access, compare, evaluate and purchase. In this
situations App based services such as Ola or Uber Cabs offered solution by
offering various services ranging from the economic to ultimate luxury. As per a
current report in the financial express introduction of App based pre-paid taxi
services like Uber and Ola taxi not only grabbed customers’ attention but also
contributed in increasing employability by providing opportunity to drivers.
Market Segmentation
MARKET SIZE AND FORECAST
The Indian taxi market size was estimated at 1.9 million taxis estimated to
generate US$31,094m revenue in 2021.The unorganized small fleet operators
account for ~91% market share in terms of registered taxi fleet. The arrival of on-
demand taxi players has helped organize this market to a great extent.
In 2016, Ola and Uber accounted for ~400 Million and ~260 Million rides each.
By 2017, the cumulative figure went up by 12%. In May`19, Ola and Uber had
6.9 Million and 6.3 Million Monthly active users respectively.
The car manufacturers in India are capitalizing on the growing popularity of on-
demand taxis. The passenger car market leader with 51% market share in India,
Maruti launched the second generation Swift Dzire Tour in Oct `17. About
70%+ Toyota Etios is sold to commercial segment.
Hyundai now sells cars to taxi segment under Prime brand and post recent
(March 2019) investment in Ola is planning to manufacture EVs for ride hailing
firms by 2021.
Uber was founded as "UberCab" in 2009 by Travis Kalanick and Garrett Camp.
The Uber app software required a smart phone. Uber was trying to build a
presence in this segment in addition to its existing business model. Since Uber's
launch, several other companies have copied its business model, a trend that has
come to be referred to as "Uberification" (cf. Huffington Post, January 2015).
Other startups were Ola Cabs, Lyft, Sidecar, Haxi, Lets Ride, Pool Circle,
Tripda etc.
Though limited to a niche presence, the ride sharing startups have the potential
to disrupt and bring structural changes to the industry. This model could cut
costs further and serve to an entirely different target market. By end of
December 2015, the Uber service was available in 68 countries and 372 cities
worldwide
The customers can hire drivers using the company‘s app available on both
iPhone, Android and Windows. Once riders make a request, they receive
an ETA (expected time of arrival) from the driver. When a driver receives
a request, it appears on his iPhone, along with GPS coordinates of the
rider. From here on, riders can call the driver if they need to make any
special requests. Customers are required to enter their payment
information through the Company‘s app prior to requesting a car. Riders
can rate their drivers with a rating of 1 to 5, so if someone reports a
negative experience, the company can discipline (or dismiss) delinquent
drivers.
Cab booking
5. Cab picks up the customer and the trip is tracked by GPS Payment
6. At the end of the trip, the fare is charged directly to the mobile
wallet. In the case of cards, a customer enters CVV and verification
password on the app. Payment can also be in cash.
7. The aggregator transfers money to the driver‘s linked bank account
in 24-48 hours
Driver:
Anyone with a driving license and a car can apply to become a driver
in any of the covered cities. After screening, the driver is enlisted in the
system and given a smart phone. This provides a steady income to
anyone with a car without additional investment.
Passenger:
Registered users download the app to their phones and if they need a
taxi, they call a taxi via the app. They can also track the taxi on their
phone as it approaches. This service is convenient for the passengers,
provides them relatively low cost comfortable service.
Fare and Payment:
Company sets the taxi fares with Premium fare during peak hours and
flat rate for off peak hours. Passengers pay through their credit cards,
cash or mobile wallets. The fare is based on car type, distance and peak
hour.
Dividing the Fare:
Company divides the fare, usually 80% to the driver and 20% to itself.
Even after a 20% pay cut, the taxi drivers earn more than the traditional
taxi services.
Future Growth:
Company doesn’t own any taxi. Because of that it can show a higher
amount of its earnings as profits. The company needs to invest in research
and development for future growth. The initial reinvestment will be a
modest amount. In addition, there will be legal and regulatory issues
costs.
DRIVER ENTREPRENEURS:
In the study by Goutam Das (August 2015), Uber’s global model has
heralded the rise of the on-demand economy. In this model, the driver is more
an entrepreneur than an employee. He contracts his services and is on flexible
employment triggering a change in labor market dynamics.
The app-enabled cab booking industry has managed to bring a true revolution
in how taxi-cabs rides are hailed and shared. Beginning from a pilot project
back in 2010, Uber was the first company to offer location-based cab booking
service in San Francisco, California, where it became an instant hit.
In India, Ola, which is the more successful cabbie service, has about 200
million customers through a network of 2.5 million driver-partners, whereas
Uber facilitated 14 million rides a week in India last year. What allowed such
an enormous growth? Let’s see the contributing factors one by one.
Quick Accessibility
If we talk about India, the Cabbie service has been unreliable in the least until
aggregators like Uber and Ola arrived on the scene. With the help of location-
based tracking and one-tap booking, they have reduced the time in which a
cab would come and pick you up.
From having to go out cabbie-hunting in scorching heat or heavy rains,
online cab booking service picks you up from your immediate shelter and
makes sure you reach your destination all good. Something, the traditional
taxi servicers could never provide.
Ride Sharing
Ride sharing has been one of the best features to increase customer
adaptability in India. Even with low flat rates and discounted per mile price,
booking a cab for a single-person use can seem costly. But with the ability
to share rides, the situation changed.
Indians, in particular, who would only choose convenience if it’s offered at
an economical price, ride sharing became the perfect fit. Ola was the first to
bring the concept of ride sharing to India, after which Uber launched it’s
Uber Pool service.
Conveyance Security
When it’s stormy outside and you are stuck at your office at the end of the
day, you want to make sure you get home dry. Taking out your mobile
phone to book a cab is the first thing you can think of.
These cabs provide a keen sense of security when travelling conditions are
not so good and you want to be transported safely to your destination. This
factor alone serves for the success of cab aggregators in India.
Luxury
The main reason why you would choose a cab over public transport or
taking out your own vehicle is the luxury factor involved in the deal. Even
if you are are a regular cab booking service user, it’ll be much cheaper for
you in comparison to hiring a personal driver, for the same level of luxury.
Further, most of the cars deployed by the aggregators have all the necessary
features you need to find in a cab such as AC, comfortable seats, secured
doors and baggage storage compartments.
COMPETITIVE LANDSCAPE
Ola vs Uber is the best way to define the competitive landscape of on-
demand taxi market in India. Both unicorns, funded by Softbank have put
up a relentless fight. The other players namely Meru cabs and Jugnoo are
pretty much non-existent in the overall scheme of things.
Ola and Uber have 2 million+ drivers on its platform, Ola is on track to
become a holding company for various different companies under one group.
This move is widely looked at a move to boost valuation, but we believe it is
more on the lines of making the company diversified and sustainable in the
long run.
As of Feb,21, Ola was valued at ~$3.3 billion has raised over $3.8 Billion till
date and about $510 Million raised in 2019 alone.
As a new start up with a new business model that aims to change the existing
paradigm, the focus is to gain traction by gaining a faithful customer base
with support from venture capital investors. With a dominant market share
and economies of scale, the aggregator would enjoy the advantage of more
cabs with more control in providing cars on time leading to a network effect.
It is hoped then that there would be an oligopoly and therefore profitability
by charging respectable commissions and earning through customer data &
advertisements in an industry space that will not be fragmented.
However, it is noticed that of late Ola stopped giving discounts/coupons to
the customers expecting that the now habituated customer will continue with
the service from Ola at standard fare rates. The exhibit also explains the peak
charges that are charged during busy hours and the rationale behind the same.
CHAPTER-2
INTRODUCTION TO THE COMPANY
OLA CABS
In January 2018, Ola extended into its first overseas market, Australia,
and in New Zealand in September 2018. In March 2019, Ola began its
UK operations introducing auto rickshaws in UK. More than 10,000
drivers have applied both in online and offline mode ahead of its launch
in London. In February 2020, Ola launched its taxi-hailing services with
over 25,000 drivers registered.
HISTORY
In March 2015, Ola Cabs acquired Bengaluru-based taxi service Taxi for
Sure for approximately ₹ 1237 crore (US$ 200 million). June 2015
onwards, Ola users gained access to TFS cabs via the Ola mobile
application. Later in the year in November, Ola further acquired Geotag,
a trip-planning applications company, for an undisclosed sum.
In a move to expand beyond cab aggregation, Ola acquired struggling
food tech company Food panda with an eye on leveraging the growing
food delivery segment business in December 2017. In April 2018, Ola
made its second acquisition with Rider (formerly Traffline), a public
transport ticketing app. Later in August 2018, Ola financed Series A
funding of the scooter rent startup Vogo, and again in December,
invested another $100 million.
Ola Auto
In November 2014, Ola diversified to incorporate auto rickshaws on a
trial basis in Bengaluru. After the trial phase, Ola Auto expanded to
other cities like Delhi, Pune, Chennai and Hyderabad starting in
December 2014.
Ola spun off its electric vehicles business into a separate unit called Ola
Electric Mobility with US$ 56 million of funding capital in February
2019. The funding was provided by Tiger Global and Matrix India.
Apart from electric vehicles, Ola Electric also works on charging
solutions, EV batteries and developing viable infrastructure to allow
commercial EVs to operate at scale. The company announced on 6 May
2019 that Ratan Tata had invested an undisclosed amount in Ola Electric
as part of its Series A round of funding.
Ola Electric raised $250 million from SoftBank during Series B round
funding in July 2019, earning a valuation of over $1 billion.
Anand Shah, co-founder, Ola Electric and senior VP, Ola Cabs said that
Ola Electric will need more capital to achieve its target of putting 1
million EVs on the roads by 2021.
Ola Electric CEO Bhavesh Aggarwal announced in March 2021 that the
company was building a 500 acre, fully-automated factory in Hosur City
of Krishnagiri, Tamil Nadu to manufacture electric two wheelers. The
company claims it will be the largest two-wheeler factory in the world
with an annual production capacity of 10 million units.
UBER CABS
Like similar companies, Uber has been criticized for the treatment of
drivers as independent contractors, disruption of taxicab businesses, and
an increase in traffic congestion. The company has been criticized for
various unethical practices and for ignoring local regulations, particularly
under the leadership of former CEO Travis Kalanick.
History
In 2009, Uber was founded as Uber cab by Garrett Camp, a computer
programmer and the co-founder of StumbleUpon, and Travis Kalanick,
who sold his Red Swoosh startup for $19 million in 2007.
After Camp and his friends spent $800 hiring a private driver, he wanted
to find a way to reduce the cost of direct transportation. He realized that
sharing the cost with people could make it affordable, and his idea
morphed into Uber. Kalanick joined Camp and gives him "full credit for
the idea" of Uber. The prototype was built by Camp and his friends, Oscar
Salazar and Conrad Whelan, with Kalanick as the "mega advisor" to the
company.
In February 2010, Ryan Graves became the first Uber employee. Graves
started out as general manager and was named CEO shortly after the
launch. In December 2010, Kalanick succeeded Graves as CEO. Graves
became chief operating officer (COO). By 2019, Graves owned 31.9
million shares.
Following a beta launch in May 2010, Uber's services and mobile app
officially launched in San Francisco in 2011. Originally, the application
only allowed users to hail a black luxury car and the price was 1.5 times
that of a taxi. In 2011, the company changed its name from Uber Cab to
Uber after complaints from San Francisco taxicab operators.
Services
Uber determines the fees and terms on which drivers transport riders. The
company takes a 25% share of each fare provided by Uber’s “partners”.
Uber uses a dynamic pricing model. Fares fluctuate depending on the
local supply and demand at time of service. Customers are quoted the fare
in advance.
Here the term ‘consumer’ means the end user of the product who not
only consumes the product but also gives the feedback to the company.
The traditional view point has been to define consumer strictly in terms of
economic goods and services.
This position holds the consumers are potential purchasers of product and
services offered for sale.
If, for example, your company makes dresses, knowing what women
prefer in a dress will help you determine which colors and fabrics will sell
better than others, as well as whether shorter hemlines will sell better than
longer hemlines. If your products are comparable to more expensive
brands, you may be able to sell them at a higher profit. On the other hand,
if your competitors offer similar dresses for less money that are also
preferable to yours, you may need to reduce production, change the
design or reduce your profit to ensure you aren't left with too much
inventory at the end of the season.
As the preference for one product over another increase, one product may
outsell the other even if the price is much higher. However, when the
preference is negligible, then price and availability become the
determining factors over which one will sell better.
How to determine Consumer Preference?
To determine what consumers, prefer, you have to give them similar
products to compare. When offering them two or more products to
evaluate, each product should be complete. Asking them to compare
apples to oranges is fair, but asking them if they would rather have six
apples or two oranges is not. One preference that does not change when
evaluating commodities is that consumers always prefer more to less. As
well, if consumers prefer product A over product B, and they prefer
product C to product A, then it is always safe to assume they prefer
product Cover product B, too.
Preference Tests
Acceptance Tests
Acceptance testing can determine how much a product is liked. Instead of
stating which product is preferred compared to others, the consumers are
asked to give a score to each product based on their like or dislike for it.
This test is also called hedonic ranking. Usually, the scoring system is
based on a nine- point scale, ranging from extreme like to extreme dislike,
with neither dislike or like in the middle. Depending on the products being
evaluated, you can ask for different scores for different properties, such as
physical appearance, color or other attributes.
Ranking Tests
Taximeter
The name taxicab was taken from the word taximeter. The taximeter is the
instrument that measures the distance or time a vehicle travels and allows
an accurate fare to be determined. The taximeter was invented by the
German inventor, Wilhelm Bruhn in 1891.
Daimler Victoria
Gottlieb Daimler built the world's first dedicated taxi in 1897 called the
Daimler Victoria. The taxi came equipped with the newly invented taxi
meter. On 16 June 1897, the Daimler Victoria taxi was delivered to
Friedrich Greiner, a Stuttgart entrepreneur who started the world's first
motorized Taxi Company.
OLA CABS
OlaCabs has emerged as pre-eminent mobile app for personal
transportation in India. Ola as it is popularly known started as an online
cab aggregator in Mumbai. It was founded in December 2010 and
launched in
January 2011 by the alumnus of Indian Institute of Technology Bombay,
Mr Bhavish Aggarwal (currently
CEO) and Mr Ankit Bhati (CTO). Ola is owned by ANI Technologies Pvt
Ltd (cf. Ola Cabs, website,
Wikipedia). In November 2014, Ola expanded to incorporate autos on-
trial basis in Bengaluru (cf. Now Book Auto Rickshaws in Bangalore via
Ola Cabs, NDTV Gadgets). Post the trial phase, Ola Auto expanded to
other cities like Delhi, Pune and Chennai.
In January 2018, Ola extended into its first overseas market, Australia,
and in New Zealand in September 2018.[5] In March 2019, Ola began its
UK operations introducing auto rickshaws in UK. More than 10,000
drivers have applied both in online and offline mode ahead of its launch in
London. In February 2020, Ola launched its taxi-hailing services with
over 25,000 drivers registered
Acquisition
Funding
Till date, Ola had received six rounds of funding. In 2012, Ola raised an
undisclosed amount in Series A funding from US-based Tiger Global
Management. In 2013, Ola received Series B funding from Matrix
Partners and Tiger Global. In July 2014, Ola raised Rs 250 crore from
Steadview Capital and Sequoia
Capital. In October 2014, Japan‘s SoftBank Internet and Media led a
Series D funding of $210 million (about Rs 1,281 crore), one of the
largest fund raising in the Indian consumer technology and mobile space.
Existing investors Tiger Global, Matrix Partners India and Steadview
Capital also participated in the round.
Ola also has angel funding from Rehan Yar Khan, Anupam Mittal of
Shaadi.com and Snapdeal co-founder Kunal Bahl. (cf. ola acquires
TaxiForSure for $ 200 million in a bid to compete with Uber.
In November 2015, Ola closed $500 million in its Series F funding round.
Baillie Gifford, Falcon Edge Capital, Tiger Global, SoftBank Group, DST
Global and Didi Kuaidi participated in this round. Ola will use these funds
to further accelerate its growth in the Indian market with a focus on
building mobility for a billion people (cf. Ola raises $ 500 million in
series F funding. Website,
http://forbesindia.com/article/special). Interestingly, Ola also roped in
Ratan Tata, chairman emeritus of Tata Sons, the private holding arm of
the business conglomerate, as a small shareholder.
UBER CABS
Service Overview
Uber determines the fees and terms on which drivers transport riders. The
company takes a 25% share of each fare provided by Uber’s “partners”.
Uber uses a dynamic pricing model. Fares fluctuate depending on the
local supply and demand at time of service. Customers are quoted the
fare in advance.
Uber is one the world‘s strongly funded startups. In the past, Uber has
raised funding from marquee investors like Fidelity Investments,
Wellington Management, BlackRock Inc, Summit Partners, Google
Ventures, Menlo Ventures, New Enterprise Associates (NEA) and Qatar
Investment Authority. Uber was valued at $40 billion during its last round
in December 2014. At least two Indian family offices invested in Uber in
its latest funding round where it raised $1.2 billion led by China's
Hillhouse Capital Group and other investors. Both these family offices
have significant exposure to India's burgeoning technology services and
the internet space. One is the Times Internet Ltd, the digital arm of the
Times of India Group, had inked a commercial marketing partnership with
Uber which also included a small undisclosed investment to facilitate
Uber's expansion in India. The other is the Tata Capital's flagship private
equity fund Tata Opportunities Fund (TOF). Market Share of Ola Cab
& Uber Cab in India.
The online taxi services market in India is mainly driven by two major
players - ANI Technologies Private Limited (Ola Cabs) and Uber India
Systems Private Limited (Uber India). In FY 2019, Ola Cabs accounted
for almost 72.44% of the total revenue generated by the online taxi
services market in India, whereas, Uber India held a share of ~21.01%.
Market Share
REVIEW OF LITERATURE
2. Shukla et al (2019)
3. Ruchi et al (2017)
Studied various factors of dynamics of Indian taxi markets such as pricing,
their revenue models, market share etc.
6. Parondaetal (2016)
Identified the key performance indicators of conventional taxis which
includes reliability, travel speed, passenger expenses and quality of service.
Study based on surveys for 30 days concluded that Uber and Grab Car
offers better quality services than conventional taxis.
7. Hanif and Sagar (2016) suggested that cab services have a huge
The study sample comprised of 100 random people. The sample is mixed
like both male and female. The data is collected through a questionnaire
consists of 10-11 questions. All questions are easily understandable and
close ended questions. All questionnaires were distributed and collected
by me. This study has been attempted to find out consumer preference,
hence descriptive analysis has been adopted to study consumer
preference. Descriptive analysis was used to determine the independent
variables and to conclude the results on the basis of secondary and
primary data.
TYPES OF RESEARCH
Sampling
design: I. Sample
Unit:
We will interview general public to know how much satisfied they are from OLA
& UBER policies.
II. Sample size:
LIMITATIONS
1) Time factor was the main limitation for the study as the project was
restricted to small period.
2) The research was limited only to the Delhi. so the result can’t be
generalized to the whole market.
3) The sample taken for research was concerned only for 100 customers
Age
Age in
Percentage
Below 18 15
18-30 55
30-45 25
45+ 5
Interpretation
From the Pie-chart and table , it can be observed that the age of
the respondents are less than 18, 18-30, 30-45, more than 45
have been taken in this survey. These numbers show that most
of the respondents are young.
Ques2 . What is your gender?
Gender
Male Female
Gender
Male 58
Female 42
Interpretation
From the above Pie-chart, it can be observed that 58% males
and 42% females have been taken in this survey.
Ques3. What is your Occupation?
Occupation
Occupation
Student 35
Working 55
Home Maker 10
Interpretation
From the Pie-chart and table, it can be observed that 35% respondent are
Student, other 55% respondent are working individual and the rest of the
10% are home maker.
Q4. Do you book cabs online?
Booking
Yes No
Cab Booking
Yes 94
No 6
Interpretation
From the above Pie-Chart and table, it can be observed that 94% booked a cab
in their life or book cabs in their daily life. Whereas only 6% doesn’t book
cabs.
Q5. How frequently do you book a cab in a month?
Frequency
Frequency
0-1 14
1-5 57
5-10 19
10+ 10
Interpretation
From the above Pie-Chart and table, it can be observed that most respondent
are from 1-5 group meaning around 57% respondent book a cab 1 to 5 times
a month and around 19 respondent books a cab 5 to 10 times a month
whereas nearly around 14 respondent book once in a month and around 10
respondent books more than 10 times a month.
Q6. Do you prefer cab aggregator ?
Preference
Product
Review
Ola Cabs 53
Uber Cabs 47
Interpretation
From the above Pie-Chart and table, it can be observed that most customers
prefer to travel with Ola Cabs with 53 respondents selected Ola Cabs as
their first preference. But Uber Cabs is not far behind around 47 respondent
selected Uber Cabs as their first preference.
Q7. Factor is most important to you when choosing a form of
transportation?
Important Factor
Important
Factor
Price (affordability) 7
Ease of use 0
(convenience)
Safety & Security 19
All of the above 74
Interpretation
From the above Pie-chart, it can be observed that 7 respondent selected price
as their main factor to choose any transportation, but nobody selected ease of
use as their prima factor, there were 19 respondent who preferred safety &
security while booking a ride, and almost 74 respondent selected all the
factor mentioned as important for them to select or book any cab.
Q8. Safety feature according to you would work?
Safety Feature
GPS Tracking CCTV Camera Panic app Option All the above
Safety
Feature
GPS Tracking 2
CCTV Camera 2
Panic app Option 1
All the above 95
Interpretation
From the above Pie-Chart and table, it can be observed that 2 respondent
selected GPS tracking as their first priority when it comes to safety feature in a
cab. Similarly 2 respondent selected CCTV Camera as their first safety feature,
only 1 respondent selected panic app option but with the majority of whooping
95 respondent selected all the options as their top priority safety features for any
cab services to offer to their customer.
Q9. According to you which cab aggregator is more affordable.
Affordable
Affordable
Ola Cabs 56
Uber Cabs 44
Interpretation
From the above Pie-Chart and table, it can be observed that majority of
respondent selected Ola Cabs as most affordable with 56 respondent. And
around 44 respondent selected Uber cab as cheaper than Ola Cabs.
Q10. Which Cab services have more presence in your area in terms of Cabs
availability?
Presence
Presence
Ola Cabs 48
Uber Cabs 52
Interpretation
From the above Pie-chart, it can be observed that 48 respondent selected Ola
Cabs for having more presence in their locality and around 52 respondent
selected Uber Cabs having more cab presence in their locality.
Q.11 According to you, which Cab service is safer?
Safety
Safety
Ola Cabs 57
Uber 43
Cabs
Interpretation
From the above Pie-Chart and table, it can be observed that majority of responds
selected Ola
Cabs service as having more security features whereas, around 43 respondent
selected Uber Cabs as having better security feature or they feel more secured
in an Uber Cab.
Q12. Which cab service has best customer support?
Customer Support
Customer Support
Ola Cabs 65
Uber Cabs 35
Interpretation
From the above Pie-chart and table, it can be observed that
65% respondent feels Ola’s Customer support is better.
Whereas, 35 respondent feel Uber’s customer support is
better as compared to Ola Cabs.
Q13. Which Cab Service is more customer friendly?
Customer Friendly
Customer Friendly
Ola Cabs 46
Uber Cabs 54
Interpretation
From the above Pie-Chart and table, it can be observed that
majority of respondent selected Uber Cabs as more Customer
friendly with 54% and around 46 respondent feel Ola Cabs are the
best when it comes to customer friendly aspect.
Q14. Which Cab service is more customized to customer needs?
Customizable
Customizable
Ola Cabs 67
Uber Cabs 33
Interpretation
CONCLUSION
• Through this project, we got to know that most people who filled the
survey was between 18 to 30 years of age. Though a lot more
participated in the survey conducted.
• In this survey, respondent are divided into 3 types based on their
occupation. Where around 55 respondents were from working class,
35 were students in different universities and the remaining 10 were
home makers.
• From the survey, we can clearly see majority of the people book a
cab. Around 94 people in the survey out of 100 said they book cabs
online.
RECOMMENDATIONS
SUGGESTIONS AND
RECOMMANDATION
• Uber cabs should focus more on their customer segment as the
potential customer selected Ola cabs as their first priority to book a
cab service online.
• While booking a cab, pricing plays a very important role and the
cab companies should ensure to charge feasible amount to grab the
market share as respondents were price conscious.
• Uber Cab is growing in India but they are currently lagging behind
in many aspect when we compare it to Ola cabs, and customer
support is one of the major factor which can make or break a
company. Uber cab has to give good customer support in case of
any dispute while riding, having a good customer support system
Uber cab has the potential to reach on the top of Indian Online Cab
Booking Segment
CHAPTER-8
BIBLIOGRAPHY
• Rajesh, D. R., & Chincholkar, S. (2018). A Comparative Study of
Ola And Uber Customers In Mumbai. Jurnal Internasional.
• https://www.researchgate.net/publication/329504341_A_Study_on
_Consumer_Perception_of_Ol a_and_Uber_Taxi_Services \
CHAPTER-9
ANNEXURE
1) Your Name
A) Male B) Female
11) Which Cab services have more presence in your area in terms of Cabs
availability?
A) Ola Cabs B) Uber Cabs