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If you walk down the street during busy hours, you’ll see many e-scooters zooming through the side streets. The e-scooter rental business is among the most popular and most adopted transportation modes. The entry barrier, set fixed cost, and growing demand have resulted in the boom of scooter share companies across the globe.
Many blogs discuss how to start an electric scooter rental business, but a few tell you what not to do. We know that starting a business is difficult for entrepreneurs on various levels. So, the following is the list of things you need to remember when you create your electric scooter rental business plan and execute it.
It's only 3 months til the end of 2024 and the new year. What if we tell you to set up your scooter-sharing business from scratch in these three months? A new year with new opportunities for electric scooters for rental service business.
Imagine having the overview of your business on one screen. With one click, you can watch all your KPIs and departmental performance.
Imagine you are in a rush, no fuel in the car and the cab will result in you being late for the meeting. Now, you see an e-scooter across the street that can take you to your office without getting stuck in the traffic and breaking a sweat from running.
Do you want to increase your business's profitability? If so, retaining users is better than finding new ones. But how do you keep users on your electric scooter application? What if we tell you that engaging and retaining is easier than you think?
Did you know smart mobility is a booming market with a CAGR of 20.6% for the forecast of 2032? It has been found that AI and ML are the fourth largest technological contributors to the growth of smart mobility.