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 as much as 30% taken by companies such as has been occurring with Uber and Lyft. The actual motive for drivers to switch is that they will have to work less hours to make more money.
The company intends to launch the service inside the next month and it is targeting the opening for new drivers in LA and Orange counties as there is a dense population of both riders and drivers.
The services are also unique for riders because they receive money 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 produce a viral sharing frenzy to obtain people on the app, important to bringing in the drivers. Tryp has communicated around which they intend to launch sometime “within another two weeks” in Orange County and L . A . in California. However, they have been heavily recruiting drivers in places like Atlanta, New Orleans, and any part of the country they are able to obtain.
We decided to attend one of those presentations and record it for our notes. I quickly found a hyperlink that connected me to one of many 4 daily Zoom video conferences that Tryp gives to eager rideshare drivers seeking to find out more. The presentation itself lasts about an hour as well as a half and is also much like the kind of MLM presentation you would see from Vector Marketing (Cutco knives) or Herbalife, albeit modified to capitalize on the wonders of the modern internet.
What’s more, the presentation focuses heavily on recruiting other drivers. There is certainly hardly any mention of any rideshare-related details. As the Rideshare Professor points out, as of this writing there is not any brick niljss mortar HQ, no offices, no downloadable apps, nor any evidence of licenses. You should check out his thoughts on Tryp here.
Rideshare Companies are Tough – We’ve interviewed CEOs of rideshare businesses like Ride Austin and studied new entrants like Juno then one common theme is that the rideshare organization is very tough and very expensive. Juno only gained market share because they were funded with huge amounts of money and were able to subsidize rides – but since July 31, 2018 these were doing around 33,000 trips per day, in comparison to Uber’s 453,000 trips per day. So despite all that effort, these were completely covered with Uber and also Lyft within one city.
Tryp’s emergence should prove that it’s very easy to get drivers to join up using a company but getting passengers is the place where the true companies separate themselves through the others. There’s a good reason why most drivers prefer driving for Lyft over Uber yet they still do the majority of their rides with Uber – it’s because Uber is when the passengers are and therefore the money is.
Why Does This Appeal To Numerous Rideshare Drivers? It’s no secret that many rideshare drivers are unhappy with how they have already been treated in the gig-economy. It’s simple to take advantage of that sentiment by providing a quick solution that seems to offer drivers a way to solving all of their problems. For this reason it’s no coincidence that Tryp offers to offer drivers everything they’ve ever wanted with few details on how.
Prime Leads: We have been already “entrepreneurs” which have taken a leap of faith and demonstrated a willingness to invest our very own cash in something. We now have taken the primary risk to even start driving for Uber and many of us are even comfortable being independent contractors. We even have experience referring individuals to drive for Uber for a bonus.