Uber relies heavily on word-of-mouth from satisfied customers to drive its growth, with every 7 rides generating a new user. It leverages opportunities like special events and weather situations to temporarily increase demand. While not employing drivers directly, Uber transforms the experience for both riders and drivers, allowing drivers to potentially earn over $500 per day.
Uber relies heavily on word-of-mouth from satisfied customers to drive its growth, with every 7 rides generating a new user. It leverages opportunities like special events and weather situations to temporarily increase demand. While not employing drivers directly, Uber transforms the experience for both riders and drivers, allowing drivers to potentially earn over $500 per day.
Uber relies heavily on word-of-mouth from satisfied customers to drive its growth, with every 7 rides generating a new user. It leverages opportunities like special events and weather situations to temporarily increase demand. While not employing drivers directly, Uber transforms the experience for both riders and drivers, allowing drivers to potentially earn over $500 per day.
Uber relies heavily on word-of-mouth from satisfied customers to drive its growth, with every 7 rides generating a new user. It leverages opportunities like special events and weather situations to temporarily increase demand. While not employing drivers directly, Uber transforms the experience for both riders and drivers, allowing drivers to potentially earn over $500 per day.
1. Ubers growth is driven substantially by word of mouth.
• Ease of use. 2. Uber relies almost exclusively on word of mouth, spending virtually nothing on marketing. 3. For every 7 Uber rides, word of mouth generates a new Uber user. 4. Word of mouth is as much today’s growth engine as it was in early days Leverage Distinct Growth Opportunities • Uber has also leveraged some real life situations to spur growth, referred to as “accelerants.” • These accelerants indicate a concentrated, temporary need for Uber’s services. These include: • Restaurants and Nightlife, Holidays and events, Weather, Sports . • Special events and holidays also provide an opportunity to showcase Uber’s model. Benefits for Uber Drivers • Uber transform the experience for both riders and the drivers. • Uber doesn’t employ drivers • This arrangement can bring in more than $500 a day.