KwikPik
Transportation/trucking/railroad - Lewes, Delaware, United States
KwikPik Employees
KwikPik Details
KwikPik is a mobile and Internet service to make convenient trips over the city with possibility to define trip criteria and choose the best offer from nearby drivers.PROBLEMSKwikPik service is to satisfy 3 basic needs, which usually arises while using traditional taxi services.• Inconvenient way to plan your trip: absence of possibility to get a car "just in time" and a necessity to plan your trip in advance.• High price of taxi services: absence of clear & agile price formation methods. • Unpredictable level of quality: absence of direct feedback and systems to control quality.SOLUTIONThe core of KwikPik technology is in direct communication, without call centers and dispatching centers. • Passenger communicates with driver directly, using simple and convenient interface.• Passenger can choose from several proposals sent by drivers and add special options.• Passenger should not plan the trip in advance – the amount of drivers is not limited, so there is always a car nearby. BUSINESS MODELKwikPik charge drivers a percent from the orders they get through the system. Our tax is from 7 to 20 percent and depends on driver rating. The better driver provides services the higher valuation he gets from passengers and the less he pays to KwikPik. MARKET ESTIMATESRussian Taxi market is estimated to 2,5 billion EUR. EU markets estimation is about 6,5 billion EUR. The illustrative market and CAGR indicator is that almost every month the new taxi startup appears.
