The Uber model is not yet to be concluded in this SWOT analysis of Uber. Your privacy is extremely important to us. Such recognition is the most crucial factor for future success. Following are the social factors impacting Uber PESTLE Analysis: One good thing about Uber is that customers have mostly been happy about the service provided by them. They enjoy benefits of the service. Now, they enjoy and use the benefits Uber offers. Who knows one day somebody can disrupt Uber just the way Uber disrupted the traditional taxi service! There are many interesting options on how to satisfy customers, offer appropriate services, and gain a number of financial and organizational benefits. Some new legal regulations in countries like. In fact, the analysis of the Uber’s financial perspectives is a good chance to understand different aspects of the international market and define the most appropriate solutions. Swot Analysis Uber is probably the biggest “start-up” that has managed to have an impact on our daily lives in the past 5 years. With the driver’s license issues, to certain obligatory, Uber’s trouble does not seem to end yet. A SWOT analysis of Uber provides a further in-dept analysis of the company’s strength, weakness, opportunities, and threats. Any opinions, findings, conclusions or recommendations expressed in this material are those of the author and do not necessarily reflect the views of BusinessTeacher.org.
In other words, a part of the SWOT analysis of Uber should be done. The service that Uber provides as a business depends on the real-time evaluation and the Internet. As well as being more convenient than hailing a traditional cab, it also offers service at a considerably lower price point. If not more, there is at least one Uber-like app developed, launched every single day in the market be it for any niche. Lyft operates in approximately 300 U.S. cities including New York, Los Angeles, and San Francisco, Curb operates in 60 U.S. cities, Didi Chuxing operates in 600 cities in China, Grab in Southeast Asia, Careem in the Middle East, Ola in 22 cities in India. Business people want to be sure in the services they order. It has been fined for skirting regulations many times. It will help you explore the opportunities and threats the company might face.

You will easily see thousands and more results for developing an app like Uber. It will also earn a bad PR. The necessity to provide people with good services at affordable prices is urgent nowadays. Still, the business issues that can be developed in the nearest future are connected with the possibility to have more countries and towns being involved. Free resources to assist you with your business studies! They can’t compete with Uber in terms of pricing. "Uber Company." They are already offering their services to more than 50 countries and growing. Besides, it is also necessary to underline the role of competitors in the taxi industry. Leading to monetary losses and damaged brand image at the same time. The value of Uber. Political discussions about drivers being companies employees, not contractor have led to face a lawsuit in California, US. It was reported that the company has over 400 million active monthly users. However, during the last five years, the company has survived a number of conflicts, discussions, and evaluations. The most basic and important requisites for the Uber model are the passengers and the drivers with vehicles. Web. Doole, I. The aim should be to turn weaknesses into strength. One strength of uber is that it was the first ride-sharing app and is currently the largest. Many people from different countries have already known about the services offered by the company. Drivers work independently using the base offered by Uber.

For example, some cities and towns can discover that the company has faced a number of legal challenges. The challenges that can be dangerous for Uber while developing business in other countries can be identified with the help of another part of the SWOT analysis where weakness and threats can be clarified. The only cost that Uber incurs is that of marketing, customer acquisition and retention, and the development cost.

It is expected that people learn more about Uber and want to have such services available in their towns. Who is not charmed by the Uber Business Model? The content on MBA Skool has been created for educational & academic purpose only. There are privacy concerns. The companies are not associated with MBA Skool in any way.

Uber can increase the valuation. Uber offered its service in over 200 cities in 53 countries by 2014. Smartphones have made it even easier and friendlier for the people to get a picking point, pick-up time a, dropping time, even people can track their routes. The possibility to create and follow the standards of service is another powerful aspect of international marketing. Drivers’ dissatisfaction is the threat that should be considered by the company and solved in a short period. In 2014, it was stated as the highest valued venture-supported company.
In some cases the operating costs they have to cover are so high that the room for profit is minimal. But, governments and drivers often hate Uber. Being introduced as a private taxi company, Uber expanded its services from a city to a city. Cookies Policy, This essay on Uber Company was written and submitted by your fellow student. In fact, the prospects described by the owners of the company and the abilities help to realize that the future of the company can be successful. Business Insider. Whilst it is a tourism hub filled with endless …. Registered office: Venture House, Cross Street, Arnold, Nottingham, Nottinghamshire, NG5 7PJ. Has an unlimited fleet of vehicles. Browse analysis of more brands and companies similar to Uber PESTLE Analysis. Report Apart from the fact that it is convenient, they like how Uber helps save time and money. *You can also browse our support articles here >, Developing a Business or a Career in Business. On the other hand, the information that can be found online proves that Uber faces a lot of challenges with other international and local taxi companies (Cheok, 2015). As soon as Uber starts improving the internal challenges, the external challenges that can be identified while expanding business in various countries can be solved. Uber is probably the biggest “start-up” that has managed to have an impact on our daily lives in the past 5 years. Revenue: Combined with all the other unpredictable variables, the whole business model is of questionable longevity. The project takes riders requests of a green ride at a couple of buttons. Uber has coordinated a few unique highlights into its application to give a remarkable encounter. The system is convenient for the drivers. Why billion? It brilliantly connects the transportation industry with technology via its ride-sharing app. Uber is one of the well-known taxi companies around the whole globe. The basis of the on-demand business model lies in identifying the services which can be provided on an immediate basis, such as transportation, food, beverages, or service in person. Uber PESTLE Analysis examines the various external factors like political, economic, social, technological (PEST) which impacts its business along with legal & environmental factors. By utilizing even more drivers, they can double down on their strength and further minimize waiting times. The access to the Internet is possible in villages nowadays. Additional services like transporting older patients to hospital, transporting children to school and transporting pets to the vet can be offered. The factors for success and challenges discussed in the current paper show that Uber as all chances to succeed in international marketing. It might have crossed at least some thousands owing to the prolific business model Uber possesses.

Following are the legal factors in the Uber PESTLE Analysis: Companies have to abide by the law or else they have to pay fines and Uber being in the transportation industry, has great fines if not complied by the laws. This is IvyPanda's free database of academic paper samples. It also notes where he goes with it. Awareness has been spreading by ads, social media and mostly by word of mouth. The current state of Uber’s global challenges, mapped. 1. It will also contribute to finding out what the strengths and weaknesses of Uber are. Uber is valued at over US $40 billion. Uber is also providing taxi services at a lower price which, causing worry for the other taxi drivers. As a result, Uber will have more money to operate. Uber is a service-based company. High valuation of Uber. You will have plenty of them. Registered Data Controller No: Z1821391. It should address the weaknesses found in the SWOT. Kalanick thinks about the possibility to provide people with taxi services without chauffeurs (Shontell, 2015). Uber has control over these elements. Hello Reader, To provide you with the best reading experience, we have updated our blog format based on your feedback.

A good example could be the transportation of animals and pets. All these work with the single ambition to be the top disruption to Uber. The prices are lower compared to traditional taxi operators. On the one hand, it is evident that customers are satisfied with the possibilities to have more convenient as the company’s founders can open new departments in different parts of the world.