A new rideshare company, Tryp Rides, is soon to launch their unique service of 100% fare, tips and wait chargers for drivers in LA and Orange county. Drivers will no more have just as much as 30% taken by companies such as has been occurring with Uber and Lyft. The actual purpose for drivers to switch is that they will have to work less hours to make more money.
The business wants to launch this particular service in the the following month and is targeting the opening for brand new drivers in LA and Orange counties while there is a dense population of both riders and drivers.
The services are also unique for riders in this they get compensated to discuss the app with other friends, colleagues and family. Each time someone they share the app with uses the app to hail Tryp ride share, they earn $.40. This will generate a viral sharing frenzy to get people on the app, important to bringing in the drivers. Tryp has communicated with us which they intend to launch sometime “within the next two weeks” in Orange County and Los Angeles in California. However, they are heavily recruiting drivers in places like Atlanta, New Orleans, as well as any part of the country they can get a hold of.
We chose to attend one of these brilliant presentations and record it for your notes. I quickly found a web link that connected me to one of the 4 daily Zoom video conferences that Tryp gives to eager rideshare drivers seeking for more information. The presentation itself lasts about an hour and a half and is very similar to the type of MLM presentation you would probably see from Vector Marketing (Cutco knives) or Herbalife, albeit modified to capitalize on the wonders in the modern internet.
What’s more, the presentation focuses heavily on recruiting other drivers. There exists almost no mention of any rideshare-related details. Since the Rideshare Professor points out, at the time of this writing there is absolutely no brick niljss mortar HQ, no offices, no downloadable apps, nor any proof of licenses. You can check out his thoughts on Tryp here.
Rideshare Businesses are Tough – We’ve interviewed CEOs of rideshare businesses like Ride Austin and studied new entrants like Juno and something common theme is that the rideshare business is very tough and incredibly expensive. Juno only gained market share because they were funded with millions of dollars and could actually subsidize rides – but since July 31, 2018 they were doing around 33,000 trips per day, in comparison to Uber’s 453,000 trips each day. So despite all that effort, they were completely dominated by Uber and even Lyft in only one city.
Tryp’s emergence should prove that it’s easy to get drivers to sign up with a company but getting passengers is when the true companies separate themselves through the others. There’s reasons why most drivers prefer driving for Lyft over Uber yet they still do almost all of their rides with Uber – it’s because Uber is where the passengers are and thus the money is.
Why Does This Attract Numerous Rideshare Drivers? It’s no secret that numerous rideshare drivers are unhappy with how they happen to be treated within the gig-economy. It’s simple to prey on that sentiment by giving a fast solution that appears to offer drivers a road to solving all of their problems. This is why it’s no coincidence that Tryp is offering to give drivers everything they’ve ever wanted with few information on how.
Prime Leads: We have been already “entrepreneurs” who have taken a leap of faith and demonstrated a willingness to shell out our personal funds in something. We now have taken the initial risk to even start driving for Uber and many of us are even comfortable being independent contractors. We even have experience referring men and women to drive for Uber to get a bonus.