Which revenue model propels the UrbanClap app?

submitted 3 years ago by stephaniehwynn to business

People find it increasingly challenging to find service providers for different household chores like plumbing, lawn cleaning, etc. Having an online medium or a centralized hub for different service providers can be an ideal way to bridge the gap between customers and service providers. Apps like Urbanclap, Taskrabbit, etc., have been successful in doing so.

Let’s discuss about business models and revenue streams worth-considering during home services app development.

**Choose the right business model **

Supplier-pick model: In this model, customers pick the type of services they require and the system’s algorithm matches them with the nearby service providers. The flexibility of customers is less in this type of model.

Buyer-pick model: In this model, it is the customers who pick the type of service as well as service providers. This model promises much more convenience and flexibility than the former.

**Do not forget to work on revenue streams **

**Commission fees: **Service providers give up a part of customer payments as paid commissions to the platform owner.

**Subscription plans: **You can demand subscription charges from your users by rolling out subscription plans with enticing benefits.

In-app advertisements: By displaying third-party ad banners on your Urban Company clone, you can levy ad charges based on clicks, impressions, etc.

Wrapping up,

Choose the best business model and work on your revenue streams while developing your On-demand service app like Urbanclap clone. An entrepreneur with the right approach and better clarity can gain instant popularity among the target audience. Initiate your app development today!