How On-Demand Apps Are Taking the World by Storm?

How On-Demand Apps Are Taking the World by Storm?
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The magic that mobile apps like Uber and Zomato created in a few years was just the beginning of the humongous on-demand economy. This concept of serving the customers instantly on-demand, at the location they desire, has made both- consumers and the business world go crazy. The on-demand economy is the talk of the town and there is a lot to say about it.
So, what exactly is the on-demand economy? What are the advantages of on-demand apps? How to go about on-demand app development? Are there any challenges too? All such questions will be answered here. So, keep reading ahead.

What is On-demand Economy and an On-demand App?

As the name suggests, the on-demand economy is the trend or the working model, in which the designed apps or services cater to the requirements of the target consumers, either instantly or as soon as possible, at their doorsteps or any other desired location. The goal of this trend is to offer instant products/services to the end-users.
The apps designed for this purpose have the necessary features like location tracking, profile creation, sending notifications, wish-listing the items, seamless search options, flexible payment options, etc., and they are referred to as on-demand applications.
Today, there are a plethora of on-demand apps available in the market which serve a diverse variety of end-users. To name a few popular on-demand applications- Netflix app in the entertainment industry, Airbnb in the hotel booking domain, TaskRabbit when it comes to carrying out household chores, Phlex65 for caregivers to provide day-to-day care services to older people, BloomThat to gift your loved ones with flowers, etc. Hundreds of such apps have been fabricated already, belonging to sectors like food and restaurant, grocery, travel and transportation, health and fitness, salon and beauty, home care services, and much more.

Why On-demand Apps are so Popular?

“I have to complete this critical work today and so, won’t be able to cook. Can we order the dinner?”
“I need to reach there ASAP and public transport will take a lot of time for sure. Let me immediately book a cab.”
“There is no grocery at home and I have a tight work schedule this week. I will better order the grocery online.”
“Today is my nephew’s birthday and it completely went out of my mind to buy a gift for him. I will order a cake and a pizza for him in the evening.”
We all may have gone through such instances owing to our fast-moving busy lives. Thanks to the on-demand apps that we can rely on them for our daily needs and don’t need to spend several hours on them. This trend is commonly observed in the urban areas, however, they are gradually spreading to the rural areas too.
So what are the top reasons behind the popularity of on-demand services?
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  • Convenience of getting the services at home
  • On-the-go services
  • Advanced technology that millennials love
  • Order tracking with real-time updates
  • Easy ordering, re-ordering, cancellation of orders
  • Saving of time and efforts
  • Branded products at reasonable prices
  • Ease of accessing the apps
  • Availability of offers and discounts
  • Wide range of products and services as compared to live stores
  • No need to carry cash or stand in long queues

Why Businesses Prefer Services of On-demand App Development?

We now know why the consumers are so much into leveraging the on-demand app services. But why business entities are picking this on-demand business model? First, let’s look at some statistics.
  • Well, as per a survey report by Burson-Marsteller, 51% of on-demand service providers said that after entering into this business trend, their financial condition has comparatively strengthened.
  • Another estimation by Burson-Marsteller forecasts that almost 64% of the companies providing on-demand services say that they are expecting their financial profitability to improve sooner or later.
Besides, here are the key reasons why a large number of start-ups, small and large business entities, and even giants are choosing to build top-notch on-demand mobile applications.
  • Countless business opportunities
  • Suitable for diverse industry verticals
  • One-time investment for a long-term solution
  • Competitive benefit
  • Cost-effective solution
  • Improved online presence and brand awareness
There are a few other reasons why so many firms prefer this business model and why there is a rise in the number of on-demand companies worldwide. Please click here and read the post for a deeper insight into this.

How to go About On-demand App Development?

There isn’t any hidden formula to architect an out-of-the-box on-demand service app, however, you need to keep some vital tips in mind; they are given below:
  • Your app idea or concept must be unique and different from those already existing in the market.
  • You must ensure that you take the right guidance from expert professionals for making your project a success.
  • Your team or your on-demand app development partner must possess appropriate in-depth industry knowledge and experience.
  • You must design a practical and smart marketing strategy for improving the overall outcome.
Besides these tips, here is an extensive write-up on “How to Develop a Next-gen On-demand App?” for you. Do have a look.

Notable Challenges Affecting the On-demand Business Sector

The on-demand business model has a huge potential. But there are certain challenges that this industry is already facing and may face in the future.
Firstly, the overall revenue generation has been impacted owing to high consumer demand and related operational costs, especially during the Covid-19 pandemic.
Besides, a high rate of delivery agent turnover is one of the prime factors affecting this domain. The pay of the delivery agents is much higher.
Also, some other challenges that impact the on-demand business sector are product incompetence, high competition, inefficient resources, under/over-valuing of supply and demand, etc.
However, with an exceptional concept for your app, robust technological strategies and enhancements, a proper development plan, and apt guidance, these challenges can be overcome to a great extent.

Final Thoughts

If you are a startup and want to begin your app development journey with an on-demand app, then without any doubt, you must go with this idea. This is so because the on-demand economy is booming at a fast pace and there is a huge scope for on-demand app-based services altogether. Such apps and services have a large user-base and they can be designed at a budget-friendly price. So, it is high time to leverage this opportunity and see how your innovative on-demand app will take the world by storm.
Looking for a reliable on-demand mobile app development company to commence with your project? Reach out to us and our team will provide you all the detailed information and estimates for your project.

Prominent categories of On-demand Applications!

Prominent categories of On-demand Applications!
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In today’s era of digitalization, consumers are accustomed to receiving instant solutions to anything and everything at their fingertips. This customer expectation is perfectly fulfilled by On-demand app solutions. As the name indicates, on-demand apps enable customers to receive services/ products at their desired location as and when they demand; with just a few clicks on the smartphones.
Such services are immensely advantageous to customers and providers owing to the following reasons:
  • Instant access to smart search, suitable payment methodologies, and real-time tracking
  • Prompt delivery leading to customer satisfaction
  • A budget-friendly option for consumers and providers unanimously
  • Higher revenue generation for businesses and scope for scaling up their operations
No wonder such apps have gained a lot of traction within a short period and are predicted to rule the roost in the coming years.
On-demand app development possesses a huge market potential and has a lot to offer to aspiring entrepreneurs. So, this write-up outlines the various on-demand app models as well as the major app categories that have disrupted the mobile app industry. A quick read will provide useful insights to businesses that plan to invest in on-demand app creation.

On-demand App: Business Models

B2B: Business to Business
This business model is used when a business seeks services or products from another business enterprise. B2B apps connect various businesses via mobile platforms and support transactions across the globe. B2B apps are categorized into two segments: Vertical and Horizontal. “Vertical” refers to serving a single industrial domain whereas “Horizontal” refers to serving manifold industrial sectors. Some of the prominent B2B apps include Cargomatic, Catalant, Eventio, Flipkart, Amazon, UrbanClap, and Walmart.
B2C: Business to Consumer
The app solutions catering to this business model help a business to digitally connect to their customers. B2C solutions enable the end-users to either buy products or avail of services directly from a business enterprise. Dominos, Starbucks, Amway, Nike, are some notable examples of this model.
C2C: Consumer to Consumer
C2C apps allow users to sell or buy goods/services from other users. Such apps provide equal rights to all the users and none of them are regarded as entrepreneurs. For example, the BlaBlaCar app enables users to fetch as well as offer rides to co-travelers. These platforms provide ride details like arrival/departure points and travel dates – to persons who wish to book a seat. Other popular C2C app solutions are AirBnB, OLX, Uber, eBay, etc.

Major Types of On-demand Apps

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Grocery
Grocery delivery services via on-demand mobile apps are currently one of the most preferred and widely used services. This is because such apps eliminate the need for paying a visit to the grocery store and waiting in long queues, for buying daily necessities. Consumers simply have to tap on their mobile handsets to select the necessary items, add them into the cart, make the payment using secure in-app options, and the groceries reach your doorstep within a few hours.
Food Delivery
Food delivery apps allow consumers to effortlessly taste different delicacies from a wide range of eateries right from the comfort of their living rooms. Such an application displays all available food joints within the users’ vicinity. The users can then select the restaurant/s of their choice, the food items they wish to order as well as the desired customization details. Once the payment is executed, the eatery confirms the order and provides home delivery. These apps operate within a particular radius and levy delivery charges based on the bulkiness of the order. Besides, such apps fetch more orders for food providers and help them to widen their customer base. Uber Eats, Grubhub, Doordash, and Instacart are some examples of successful food delivery apps.
Healthcare
On-demand medical apps elevate the convenience quotient by instantly connecting patients with practitioners and providing round-the-clock services. mHealth apps like doc-on-demand, not only enables patients to book doctor appointments via smartphone devices but also provide an in-person-like online healthcare consultation experience, including medical examinations as well as recommendations from physicians. Apart from telemedicine apps, the healthcare on-demand sector also offers medicine delivery services those drop-ship medicines directly to the customers’ doorstep. PharmEasy NowRx, Practo, 1mg, and Myra are some noteworthy examples.
Home Services
Finding reliable home services for tasks such as plumbing, electrical issues, pest control, furniture repair, house cleaning, etc. has always been a difficult task as such services aren’t easily available. However, the advent of home services apps have successfully addressed this pain area encountered by consumers and has benefitted providers too. Individuals, as well as commercial service providers, enroll themselves in this marketplace for generating leads. Furthermore, the app provides the location of the home/office seeking services, tracking options, and review features to facilitate service delivery. TaskRabbit, Homejoy, Handy, Slate, UrbanClap, and Merry Maids are some popular examples of this niche.
Entertainment
Entertainment apps like Amazon Prime, Spotify, and Netflix, complement the changing behavior of the consumers of the entertainment industry. Thanks to such apps, viewers can now watch movies/shows, listen to music, on these OTT platforms, and indulge in gaming sessions regardless of the hour and location. Furthermore, one can tune in to programs broadcasted from any corner of the world and watch an entire season at one go instead of having to wait for the next episode. As such, this approach proves to be convenient and offers value for money.
Employment services
The modern job industry is teeming with professionals who prefer flexible/freelancing jobs over the conventional company culture and are interested in short-duration projects. Such job seekers use on-demand employment apps to connect to the providers and find the specific type of job offers they are looking for.
Travel
On-demand travel apps have become a handy travel companion for all new-age travelers. This is because such apps have simplified complex tasks like finding and locating tourist spots, booking hotels, renting car services, etc. Travelers utilize applications such as HotelToday, and Airbnb to acquire information and avail of essential services using their smartphones.
Cab Booking Services
Taxi-booking apps like Uber, Flywheel Taxi, Juno, Lyft, etc. come with the following offerings:
  • Booking a ride by providing the pick-up location and the desired destination.
  • Tracking the driver’s location through GPS-enabled maps/navigators.
  • Interaction with the driver using in-app communication channels to enquire about the arrival time, while awaiting the cab’s arrival.
  • Feedback systems concerning behavior and services via ratings, for both customers and drivers.
Transportation and Logistics
Apps like Uber Freight and UberDELIVER allow the safe delivery of parcels and the transportation of freights to any location, at any time. Such solutions come with advanced features such as real-time tracking, speedy payment, in-app messaging to facilitate communication between customers and suppliers and offer transparent pricing.

Concluding Thoughts:

On-demand apps empower customers to obtain access to their necessities at their fingertips and hence have garnered unparalleled popularity amongst the masses across the globe. Therefore, investing in on-demand app development will make way for a quantum leap in terms of business growth as well as profitability.
If you have architected a fully functional on-demand app, do not forget to share your experiences in the comments section below.