Show of hands if you do not want to earn money the easy way. Well, it is almost sure that no hands will be raised at the moment. There is something very cool about earning money the easy way when you don’t have to work so hard for it. This is exactly what Tappin X is offering drivers. Drivers that are already earning from driving for a rideshare company.
The gig economy is a booming industry in many countries. It is exciting working for yourself and not having to answer to a boss. This is probably the main reason why the gig economy has been able to attract so many people. Rideshare companies make up one of the largest parts of the gig economy. They employ millions of drivers in hundreds of countries across the world.
In this article, you will learn about how to earn extra passive income without putting in any extra work. But first, a quick look into what the gig economy is and the massive rideshare industry.
How Does The Gig Economy Work?
The entire premise of the gig economy is based on one singular concept. That of working for someone else, but also retaining the freedom to choose your own hours and work whenever you want. This is the basic concept that has grown into the multi-billion-dollar industry that we have today. In modern parlance, this new way of working is known as Freelancing. This is basically what all gig economy workers do, including rideshare drivers. They are freelancers. So, the deal is contractors, consultants, part-time giggers, freelancers, are all part of the global gig economy community.
This type of work is attractive for many reasons. Employers are always in need of skilled hands. The way business is, not every company that needs workers can afford to hire them. Some just do not have the office space to accommodate regular workers. Freelancing allows companies to engage good workers and professionals. That is without having to spring for the extra costs that come with full-time employment. Things like providing healthcare insurance, pension, bonuses and so on. On the part of the workers, they get to work while having the freedom to do their own thing, be their own boss as it were. It seems to be a win-win for the employer and employee.
Earning With Rideshare
Ridesharing is the king of the gig economy world. Ridesharing is a transportation network that works in a way close to how traditional taxis work. There are some differences that make ridesharing a preferred option, most times. In this new model, drivers earn for every ride that they complete. As opposed to the regular taxi where a metered ride is paid for with cash and it is all controlled by a central dispatch center. Rideshare companies have compressed all that functionality into one singular app.
Rideshare drivers just open their apps, go online, sign in to their driver profile and then wait for a ride. When one comes in, they can either accept or decline. If they accept, they drive to pick up the passenger, take them to their destination and end the trip. The app calculates the amount of the fare, and money is paid either in cash or through the app. Very easy, simple and with very little stress. The rides are quite comfortable. This is because most rideshare companies follow strict guidelines about the types of cars they accept.
Uber is most likely one name that you have heard over and over again. They are everywhere it seems. In actual fact, they operate in more than 83 countries and over 600 cities all across the world. They are the largest player in the rideshare industry, and they keep expanding. Uber started with one service, the basic Uber X, which offers basic comfort rides. Since then the rideshare company has added several more services. Ranging from basic comfort to high-end luxury with services like Uber Lux, and Uber Black.
Uber has also diversified into other markets, bringing their unique take with them. Uber drivers can also try their hand at driving for the UberEats service. Except here, instead of delivering people, you will be delivering food. The service works in a similar way as Uber, users order food like they would an Uber. The driver then goes to the restaurant to pick up the food and deliver to the user. This is another revenue stream for Uber drivers, they can sign up on both platforms and earn.
Another secondary revenue stream for Uber drivers is the Uber for Business platform. This is the business side of Uber, the platform organizes and takes care of all the transportation needs of a business.
Lyft is Uber’s major competitor, the company offers basically the same services as Uber and operates in the same market. The reach of Lyft is limited to the United States and Canada. But, Uber is on several continents and markets. Lyft started operations in 2012 and has grown since then to grab about 39% of the entire rideshare market in the United States. The rideshare company is now operating in over 350 cities in the United States and Canada.
The rideshare services offered by Lyft are like those offered by Uber. It has a basic comfort service which is the most popular and the most used among its services. There are also more drivers driving for this service than the others. For the richer riders, there is a more luxurious option which is known as Lyft Lux. This is a more expensive service and has a lower number of drivers signed up.
Lyft also has a business-facing platform that is set up to bring in revenue from corporate bodies. The platform, called Lyft Business, is a transportation management platform for corporate bodies. There is a central portal where businesses can manage their rides, for both staff and clients.
How To Earn Passive Income
Now you have been taken through the rideshare industry, gig economy and big players in the industry. Also how earning is structured within the two largest rideshare companies: Uber and Lyft. It is obvious that driving rideshare is a sweet way to make passive income. But did you know, as a rideshare driver, there is an even sweeter way to make even more money? You would not have to do anything extra, you just do exactly what you are already getting paid for- Driving. The rideshare advertising platform known as Tappin X provides this. What exactly is Tappin X? And how can you make even more passive income on the platform?
Earning Passive Income With Tappin X, Doing Nothing Extra
How does it feel to be able to earn passive income as an Uber or Lyft driver, without doing any extra work? You just keep driving, picking up riders and taking them to their desired destination, like you normally do. Sounds like something you would be interested in? Well, other smart drivers are in fact already doing that. They are taking advantage of rideshare advertising platforms like Tappin X.
What Is Tappin X?
TappinX is an in-car rideshare advertising platform that partners with Backseat Advert. This is a company that helps businesses and advertisers take advantage of the rideshare industry. They do so by pushing their products or services. This partnership allows Tappin X to offer rideshare drivers an opportunity to earn passive income by displaying ads to their riders. So, as a rideshare driver, you can display ads in the backseat of your car and get paid when your riders view the ads. There is no extra effort or work required from you. Just display ads and get paid as your riders view them. It is really that simple.
How Does Tappin X Work?
The Tappin X advertising platform has been set up in such a way that it is very easy to sign up and use. To get started on the platform as a driver, you will need to go on the Tappin X website to register. All you will need is a tablet, if you do not have one, Tappin X will provide one for you. This will be provided along with a headrest mount for the tablet. As soon as you are registered on the platform, you can then install the tablet and the headrest mount in your car. You start earning immediately when your passengers start view the displayed ads.
One of the good things about Tappin X is that there are no hidden charges or unattainable targets before you can start earning. Once you register and you have installed the tablet in your car, adverts will start playing on the screen. You start earning as soon as you start picking up riders and they start viewing the adverts on the screens. Not to worry, the adverts are not intrusive. The goal here is to give an enriching experience for the riders. One where they can interact with the ads in a relaxing mood.
How Do You Get Paid On The Tappin X Platform?
Earning on rideshare platforms can be a bit tricky. This is because a lot of times, the driver does not know what combination of conditions can give higher earnings. Is it going for a larger number of short trips in a day? Or would it work better to have a shorter number of trips, but each for longer periods? Well, as it turns out, on the Tappin X platform, those metrics do not matter. The important thing is your riders engaging with the ads.
It is quite easy to track your earnings on the Tappin X platform. When you register on the Tappin X platform, you are given access to a central dashboard. From there you can track your earnings, see how much money you have earned per day, and how many hours you’ve worked. At the end of the month, your earnings get sent to your Paypal or bank account.
Earn More Income With Tappin X Referral Bonus
This is an even more interesting part of signing up on the Tappin X platform. The Tappin X Referral Bonus is a way for you to earn more passive income from other drivers on the platform. Yes you heard right, it is really exciting, isn’t it?
Here is how it works:
You probably have a group of driver friends that drive for either Uber or Lyft that you talk to. All you need to do to get in on this referral bonus is to get those friends of yours to sign up on the Tappin X platform. You can refer up to five friends, all you have to do is give them your unique referral code. Now, you do have to follow up and make sure that they register on the platform via your link.
At the end of every month, you will be entitled to 10% of the total earnings of the drivers you referred. Yes, you read right. You keep earning from them as long as they remain on the platform and are cashing out. You could be earning money from the activities of 5 drivers! You can imagine how much money that will make you at the end of the month.
How Much Can You Make Every Month With Tappin X?
You can earn up to $200 monthly on the TappinX platform. You get paid without lifting a finger. That’s 100% passive income. If you decide to refer other rideshare drivers, you get to earn 10% of their monthly earnings. Who doesn’t love free money? You can get started today by signing up on Tappin X and setting up your account.
Table Of Contents
Chapter 2 – How Does The Gig Economy Work?
Chapter 3 – Earning With Rideshare
Chapter 4 – How To Earn Passive Income