Uber’s Pricing Strat?
I remember a few years ago I’d just choose Uber or Lyft based on which was surging. Then I’d Uber always because it was consistently cheaper. The price difference isnt even close anymore. An Uber I used to take ~3mo ago for $25 would’ve cost me $50 last week. I took a $30 Lyft. And again tonight, my choice for a 20-minute ride was a >$50 Uber vs $23 Lyft. I know y’all are trying to up your earnings and all but I give it about 2 more repeats of this before I go 100% Lyft for the foreseeable future. I mean it’s like if one gas station was $4/gal and the other was $8.50/gal for the same grade? /endrant, I’m predicting Uber fails even before Snap does.
As soon as you go 100% Lyft, you will see Lyft fares go up within 3-4 weeks. It’s best to keep both the fares before booking a trip.
Here is what I have seen work for me - Open an app, look for a destination and then do not book the ride. The next time you will see some sort of offer on your account. I think thr pricing models for both these services treat such scenarios as rides lost due to price wars. Basically looking for a ride and not booking makes these modes believe that you had an intention to travel and hence looked up for a destination but did not book it as you likely found a cheaper price on a competing service
I need an app to load balance/price balance my request among the apps
It looks other way for me in Bay Area. I always get cheap uber rides. I hate uber, but Lyft is 2x higher most of the time, so I end up taking uber :(
Honestly once the price rises people will move on to other modes - spending 50$ every day is a crazy thing even for rich
I always check both to see which one is cheaper but there seems to be more Uber drivers vs Lyft (obviously because they get paid more) so I end up either waiting too long for Lyft or just pay more & get on my life sooner