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5 comment(s). Last comment by FortuneBull777 2023-06-11 19:00
Posted by FortuneBull777 > 2023-06-11 18:52 | Report Abuse
Ehailing providers need to understand one thing! You are not Airasia which can offer low fare and make tons of profit, well, not really!
Even Airasia struggle with high cost of fuel nowadays but still able to provide reasonable fare! That's because in order for you to enjoy low fare, you need to book like months ahead! Some even book their ticket one year in advance! So that how Airasia able to lock their cost in advance as well!
However, in ehailing industry, you cannot push those low fare to edrivers! Gone are the days where you lower your fare in order to keep competitors a bay! Edrivers are businessmen! They are handling all the running cost of their vehicle be it motorcycle or car!
And cost of maintaining a car in superb condition is not cheap! And mind you, edrivers are working 12 hours a day in order to turn profit! Reasonable profit! So making gross of 7k a month is peanut considering edrivers have to pay for alot of things! In fact that running cost is half of the 7k that they are making! And this 7k figure only applies to KL and immediate districts!
How about beyond KL! Ha! Here in Johor, you are lucking if edrivers make 4k a month! And that is only like less than 2k! What is 2k! Nothing!
Posted by FortuneBull777 > 2023-06-11 18:54 | Report Abuse
Working 12 hours a day for 2k or less! Come on! They better work in fast food outlets that pay the same!
So this is why so many are leaving ehailing industry! It's just doesn't make any good business sense nowadays! Last year, they were laughing all the way to the bank given the fare back then was very reasonable! Those who work hard earn big! Nowadays, only dumbass do ehailing!
Posted by FortuneBull777 > 2023-06-11 18:56 | Report Abuse
And edrivers are blaming PH! Blaming Anthony Lok for the 'rahmah' fare! I dont' blame them!
That's why it's very important for PH to understand that this one million workforce is very crucial for PH survival! You cannot simply brush off their concerns!
Posted by FortuneBull777 > 2023-06-11 18:57 | Report Abuse
Edrivers are not public servants! They should not bare the 'rahmah' fare! If customers want cheap fare, get public transportation! This is where government must make sure public transportation are well connected!
But you know how bad our public transporation is! But don't push it to edrivers!
Posted by FortuneBull777 > 2023-06-11 19:00 | Report Abuse
If government of the day ignores edrivers, pushing rahmah agenda on them, then they won't vote for PH anymore!
Judging from Airasia ride which offer much higher fare, demand actually quite good and edrivers are quite happy! Hence the shift from other ehailing providers like Grab to Airasia ride!
In short, be mindful that ehailing is convenience industry! You pay certain price for convenience! There's no cheap talk here! You want cheap ride, get public transportation! You want convience, hail a edriver!
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by FortuneBull777 > 2023-06-11 18:46 | Report Abuse
Reality!