Storm Into The Flourishing Home Services Market With An App Like Urban Company

The home services market has become the talk of the town ever since its inception into the digital medium. With enhanced smartphone penetration and increased reliability towards the online medium, the stage is set for entrepreneurs to make the most out of the exponentially-growing home services sector. The market forecasts a double-digit CAGR of 52%, witnessing an incremental growth of $869.95 billion between 2017 and 2022.

Entrepreneurs have cracked the code effortlessly here — leveraging technology to make services more convenient, reliable, and accessible. The massive success of apps like Urban Company, Taskrabbit, etc., are concrete examples of the above statement. In case you’re looking to develop an app like Urban Company, Turnkeytown is here to help you out comprehensively. This blog discusses the benefits, feature-set, business & revenue models worth-considering in a home services app.

Lucrative Benefits for Every Stakeholder

A platform or business without enticing advantages cannot sustain in the market for an enhanced timeframe. An app like UrbanClap (now — Urban Company) constitutes three stakeholders. They include,

• Customers
• Home service providers
• The platform owner

From a customers’ perspective, one can access a wide range of service professionals from the comfort of their homes. All they need to do is make a few taps on their smartphones, and they can avail doorstep services. Besides, they needn’t settle for one service professional alone. They can filter and sort out numerous professionals based on their preferences.

On the other hand, service providers have access to a massive customer base. Besides, by signing up with the platform, they can offer services during their free/leisure hours, paving the way for ultimate flexibility.

The platform owner gets to transform the idea into a revenue-generating business. By bridging the gap between home service professionals and customers, they can generate income in a number of ways, boosting their ROI significantly in no time and building a reliable brand.

The All-important Feature-set

The Ultra-modern Urban company clone app development is known for its cutting-edge features that make the home services app stand apart from its competitors. Let’s discuss the advanced feature-set here,

Customer app features:

• Easy onboarding
• Instant search
• Advanced filters
• Book now or schedule for later
• Multiple payment modes
• In-app chat/call
• In-app wallet
• Real-time tracking
• Push notifications
• Ratings & Reviews

Service provider app features:

• Registration and verification
• Availability toggle
• Accept/reject requests
• In-app chat/call
• Earnings tab
• In-app navigation
• Push notifications

Admin panel features:

• Bird’s eye view
• Verify service providers
• Manage transactions
• Advanced CMS & CRM options
• Manage ads
• Manage pricing system

The Decisive Business Model

The business model is a core element in your entire development process as it decides the way your platform operates. Now, the seasoned team of experts makes entrepreneurs spoilt for choices when it comes to business models. The two popular models include,

• Supplier-pick model: In this model, customers choose the type of services, and the system assigns the service providers randomly based on their availability. One of the best examples of the Supplier-pick model is Uber. The flexibility of customers is less with this model.
• Buyer-pick model: In this case, in addition to the type of services, customers have the final say in deciding the service professionals as well. The convenience of customers is the maximum, in this case, leading to enhanced satisfaction rates.
• It is up to the entrepreneur to decide the business model based on their preferences.

The Ultimate Revenue Models

At the end of the day, an on-demand service app like Urban Company must generate a consistent income and maximize its customer base. The avant-garde home services solution can help you generate income from a variety of sources, including

• Commission charges from service providers
• Subscription fees from customers
• In-app ad charges from third-party vendors
• Feature listing charges from service providers and many more.

Conclusion

Multiple players are setting foot into this highly-profitable home services sector. Capitalize on this situation by reaching out to the market leaders, Turnkeytown. Tell us your visions, initiate your home services app development, and we’ll help you climb the ladders of success in the shortest possible time.