Getting the necessary services and timesaving facilities by making just a few taps on the mobile screen is quite awesome. This is what on-demand businesses are offering for various industries nowadays. The on-demand economy is trying to create a link between the online and offline worlds. The demand is received by online sources and is fulfilled offline either on an immediate basis or at a scheduled time.
The on-demand economy is also known as Uber for X. Why? Because the Uber business model is the most successful on-demand business model of all times. It inspires entrepreneurs and startup enthusiasts to come up with similar businesses and serve their customers by offering value and satisfaction along the way.
Are you trying to disrupt an industry with an on-demand business idea? Read this to know all the aspects of the Uber Business Model. (Link this to Uber Business Model article)
In this article, we have listed industries that were revamped with the on-demand business model and have become quite successful over the years –
Food Industry
Food industry is an evergreen industry, that continues to grow constantly. Nowadays, consumers are hitched to the facility of doorstep food delivery when they cannot go to the café or restaurant to have a meal. Some of the popular on-demand apps that revolutionized the food industry are Grubhub (U.S), Deliveroo (U.K.), Delivery Hero (Germany), Uber Eats (U.S), Just Eat ( U.K ), Swiggy (India), Zomato (India) and Postmates (U.S.).
Transportation Industry
Transportation is the industry that is most benefited by on-demand business model. Uber is the best example. It has made cab-booking and commuting at any time of the day very efficient. Here are some startups that are planning to upgrade their on-demand transportation businesses via technology-driven platforms: Uber (worldwide), Lyft (US), Ola (India), Didi (China), GrabTaxi (Malaysia, Indonesia, Thailand, and Philippines), Hailo (United Kingdom, Spain, and Singapore) and Line Taxi (Japan).
Beauty and Salon Industry
The days are gone when people had to visit the salons to get a makeover. The beauty industry has made its way through the on-demand economy. You can book a beautician for being groomed at home according to your convenience. Here are some examples of salon businesses that are revolutionizing with the help of on-demand economy – Soothe is a massage-on-demand app, Stylisted lets you book on-location hair styling and makeup appointments and Vive is an app that lets you book a blowout on demand.
Healthcare Industry
Healthcare is a trillion dollar industry that brings endless business opportunities for entrepreneurs. With the help of advanced technologies, like Telemedicine and Telehealth, healthcare has become more preventive, quickly accessible, more convenient and less expensive. People can book appointments at the hospitals or clinics by using the doctor on-demand applications or get the medicines delivered at their doorstep via on-demand pharmacy apps. A popular app through which a doctor visits the patient at his location is DoctorOnDemand. TelaDoc is an app through which a patient consults doctor through audio/video channels.
Courier Industry
Some of the exceptional on-demand businesses like TaskRabbit, Postmates, and LastMile are from courier and logistics industry. They offer on-demand courier services with an aim to provide convenience to the customer while growing their business. They are loved in almost every area they work in and that is because of the customer service they provide.
Furniture Industry
Buying furniture has become much easier and convenient now. You can even rent the furniture and return it when you decide to move to a new city. All these services are making people’s lives easier. Families and couples enjoy handpicking their furniture through mobile apps on their smartphones because they can virtually see everything and a lot of variety without having to visit the store physically. Examples of such apps are Pepperfry, FabFurnish, and Wayfair.
Repair Industry
Field workers are needed to take care of small little things at homes and offices. Earlier, it used to take a lot of time to find a plumber, an electrician, an appliance technician, and other types of repair, maintenance, and support workers. With the introduction of the on-demand business model, a lot of repair people and service providers have started providing services on demand. For example – Handy is a renowned marketplace catering professional services, and Serviz is an online platform to get easy access to the home repair services.
Other than the ones listed above, there is a long list of companies that are embracing the virtues of on-demand economy and are trying to succeed by leveraging all the possible features of this model. Enthusiastic entrepreneurs are coming up with innovative ideas and implementing them with the support of on-demand app development companies. You can also approach us with your idea and we will do everything in our power to turn it into an on-demand business that yields profits.
