Monetization Playbook #58–Eating Customer Complexity–Transport
Eating Customer Transport Complexity–Uber Ramen
Trepidation and no small amount of frustration–went hand in hand with a trip to the West-End–a trendy part of London.
Drinking, dancing, and, well, more drinking acted as the precursor to the real fun–trying to get a cab home!
You may laugh, but this was no joke back in the early noughties.
While hackney carriages–aka–black cabs, mini cabs, and the obligatory tuk-tuk roamed the streets–securing one for transport home was a sport in itself.
Addressing black cabs first–a myriad of thinking raced through the mind.
Was I dressed smart enough?
Do I look too drunk?
Am I with one, two, or three friends?
Do I live on the cabby's way home?
So many variables–someone help me out with an algorithm!!
It was easy to forget – I'm the customer!!
If we rule out the use of a tuk-tuk for a five-mile ride home–we next focus on the minicab.
Oh, what fun we had with mini-cabs.
Incomprehensible local transport rules and souk-style haggling norms rendered sobriety a must before entering this world.
But, remember, the only reason to catch a cab was to get drunk in the first place!
Countless arguments ensued.
"You said by the clocktower!"
"No, I said just after the clocktower–the price should be the same!"
Friction, what friction?
Fortunately, a minimum viable ecosystem emerged.
GPS, mobile, embedded payments, arbitrage-able employment laws–a blue ocean of opportunity!
Uber saw it. Lyft saw it. We loved it.
Tap, tap, and a cab arrived.
No haggling.
No dressing up.
No interviewing for a ride home.
No guessing of final costs.
We could even see when the driver got lost and had to double back—what a beauty.
Love em or hate em, you have to admire the customer friction these companies have eaten.
On-demand, on point, on your mobile. Nuff said.
As the saying goes— to increase monetization, eat your customer's complexity.