The On demand economy attracts more than 20.4 million customers on an annual basis. These customers are spending more than $54.24 billion in the demand economy every year. This industry brings services and goods to your customers at the touch of one button. On of the best exmaples of an on demand service is Uber. Uber helps it’s consumers to hire a taxi in just a few clicks, and within a few minutes or at the scheduled time, a taxi will be at your doorstep. By giving consumers control and freedom to schedule services when they wish, the delivery of the service is simpler, faster and more convenient for consumers.
The on demand industry has changed the traditional way of doing business. In today’s environment, consumers are choosing on demand services over the traditional way, because it gives them freedom of time, they can order whenever they want, there are easy cancellation policies, secure payment systems, reliable refund and exchange policies and the services are often available 24 hours a day.
Consider for a moment, how easy it is to order food from your favorite restaurant. You can sit back on your sofa , order your chosen delicacy from your favorite restaurant and then choose when the food will be delivered to your door. One of the best app’s for food ordering is Zomato. As well as ordering your desired food, this app allows you to rate and write review for restaurants. This is an example of how some companies are taken the on-demand even further than just delivering the core service.
Today using your smartphone can result in you booking a medical consultation, a laundry service, a delivery service, arranging a packaging or parcel service or getting your home and office cleaned. This is the right time for businesses or start-ups to move to on-demand services and became a part of an industry which is growing rapidly. Allowing your customers to order your services swiftly on their smartphone could help you reach millions of new consumers.