Let’s learn how you can make money with Uber!
The demand for taxis has experienced a significant surge, surpassing pre-pandemic levels. In light of this boom, the number of drivers is also on the rise, with Uber alone boasting a platform of over 70,000 drivers.
Due to the ongoing disparity between the demand for taxis and the availability of drivers, an increasing number of newcomers are contemplating a career as private hire drivers in the UK. Aside from obtaining their license, the most common question beginners ask is, “What are the most effective methods to earn money with Uber?” Here is everything you need to know:
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Optimize Driving Schedule to Leverage Surge Pricing
The average income for Uber drivers in the UK is £15 per hour after fees. However, drivers have the potential to earn significantly more by taking advantage of Uber’s dynamic fare pricing known as “Surge” pricing. During periods of high demand, fares can multiply by a factor of 4 or more. To maximize earnings, it’s advisable to schedule driving times around Surge pricing.
Industry experts suggest that the best times for Surge pricing on weekdays are between 7:00 am and 9:00 am, as well as 4:00 pm and 7:00 pm, coinciding with the commuting hours. On weekends, the prime hours for Surge pricing are Friday and Saturday nights from 8:00 pm to 4:00 am. By strategically working during these periods, you can significantly increase your hourly rate and minimize idle times when your vehicle is unoccupied.
Enjoy the freedom of a flexible driving schedule!
As depicted earlier, the demand for taxi services fluctuates throughout the week. By adjusting your working hours to align with these peak periods, you can maximize your earnings. Typically, Uber experiences high demand between 8-9 am and 5-8 pm, which coincides with the beginning and end of a typical workday for many individuals. Embracing a flexible driving schedule during these times can significantly boost your chances of success.
Invite your friends and reap the benefits!
Uber offers enticing rewards when you refer a friend who subsequently becomes an Uber driver. Once they fulfill their designated “beginner” hours, a cash reward will be deposited into your Uber driver account. The exact amount of the reward depends on the city where your friend works.
Additionally, you can earn rewards by referring friends to Zego for Private Hire insurance. By driving together, you both can enjoy the advantages of this offer, as each of you will receive £50 to spend.
So start referring your friends today and enjoy the perks of sharing these great opportunities!
Related: Ways to make real money with a truck
Expand your opportunities by driving for multiple taxi services simultaneously!
Being an Uber driver doesn’t limit you from working with other private hire operators at the same time. By doing so, you can minimize downtime during periods of low Uber passenger demand. Various options are available, including local minicab companies, as well as rideshare apps such as Ola and Bolt.
The best part is that you don’t require additional insurance to work for multiple firms. Zego’s comprehensive private hire insurance covers every operator, and it even includes insurance for food delivery and personal use of your vehicle. With Zego, you have all-in-one coverage, allowing you to seamlessly drive for different taxi services without any worries.
Embrace the flexibility and maximize your earning potential by driving for multiple firms simultaneously!
Deliver exceptional customer service that exceeds expectations!
It goes without saying that being polite, courteous, and providing passengers with a comfortable ride is crucial. However, going above and beyond can make a significant difference and even earn you a tip. Show genuine care and assistance to passengers who require additional support, such as those using walking frames, sticks, or wheelchairs. Make every effort to get them as close to their destination as possible, even if it means turning into their driveway. Offer to assist them to their front door and lend a hand in carrying any packages they may have.
By demonstrating this level of attentiveness and helpfulness, you can provide the best customer service experience and leave a lasting positive impression on your passengers.
Small gestures can make a big impact and increase your chances of receiving a tip!
You don’t have to go all out to delight your riders. Simple extras like mints, water bottles, and wet wipes can bring joy to your customers. These thoughtful additions often result in a generous tip. Passengers highly appreciate in-car amenities such as a spare USB cable for charging their devices or an extra AUX cable, allowing them to enjoy their personal music preferences. Consider investing in a multi-function cable with various connectors to cater to different needs, preventing a tangled mess in your glovebox.
For more options, check out our list of the best sites that pay you to sign up.
By providing these little extras, you enhance the overall experience for your passengers and create a positive impression that may lead to a gratuity.