Bikes are becoming a trend, fashion or a great way to commute daily to work or to college especially for students and dynamic leaders.
BikeSpace is a Toronto based bike parking app solution developed and maintained by volunteers who provide input and verification of data. The tool has a very lucid 5 step process, using which anyone can anonymously upload the information of a parking spot which is not in the right shape, state or capacity. Then, this data gets verified by the BikeShare volunteers who eventually put the data on the map and finally it is available for everyone to see – the riders, the app developers and the administration.
The biggest advantage of BikeSpace is that it highlights the places which require maintenance or expansion. This way, any parking space which is not marked bad on BikeSpace is reliable for a rider to go to. If it’s not, the rider can contribute to the community’s data. In addition to the community driven initiative, the app also ensures complete anonymity and does not store any private data of the users placing complaints about parking spots.
Right now BikeSpace is a community driven initiative which is not working to profit anyone
At the core of it, BikeSpace will have great participation from its community of volunteers and strongly growing engagement with bike riders in the city of Toronto. All this engagement can be leveraged in several ways to create revenue streams
The app can help become an eBay for used bikes: Since it is a really engaging and trustworthy community of volunteers, the app can turn to an eBay for bikes and other biking accessories.With small commission from these trades, BikeSpace can actually remain operational or even help the wrecked parking spots get repaired.
Advertising: A more common way would be to leverage all the engagement by placing ads. The ads would be highly relevant for brand partnerships with bicycle manufacturers, spare part traders, bike repair shops and other places relevant to the bike riding market.
Brand Partnerships: The community leaders can partner with brands such as BikeSpace (bike sharing apps). A point based reward system can be created, which can later be redeemed on the bike sharing platform.
Although the existing model has none of the above mentioned characteristics since depends on a community driven model, the same community can help BikeSpace become a more self-reliant service which helps in not only spotting bike spaces with issues, but also help in servicing them.
We can help you develop a technological solution just like the BikeSpace app. Our extensive experience can help you develop a product ready to launch in no time. A quick launch in your city will help you build an active community around it and position it as per your choice – profit or a non-profit initiative.
The cost of developing a bike parking app like BikeSpace will be in the range of CAD 40000 to CAD 45000. Let’s have a look at the detailed breakdown of the costs.
| App Users | User Application | Admin |
|---|---|---|
| Features | Map Integration | Login |
| Report Issue Anonymously | Dashboard | |
| View Other User's Reports | Manage Reports | |
| VIew Hourly Parking Duration of Users | Manage Content | |
| View Reports on Day Basis | ||
| View Reports by Reviews | ||
| Cost to develop bike parking app like BikeSpace | The cost of developing a bike parking app like BikeSpace will be in the range of CAD 40000 to CAD 45000. Let’s have a look at the detailed breakdown of the costs. |
| App Users | User Application | Admin |
|---|---|---|
| Add-on Features | Download reports in .csv and .pdf | Generate Reports |
| Reports and Analytics |
We can develop analytical tools which will provide insights using user data for your bike parking application. Predictive analysis will help business owners identify the usage patterns considering factors like time and locations and helps in deriving predictive analysis for the next usage by a specific person or group. For brand partnerships, more sophisticated data provision helps as you can project the route of a user with greater accuracy thereby empowering your partners to target geography specific ads.
Depending on the conditions of the public transport, traffic analysis in the area and the number of users active, this algorithm will help you know the rising demand in new localities. Using this data, you can use triggers such as specific offers of that area and capitalize on the demand via a smart bike sharing app solution.
The locking and tracking system for each of the bikes will help you ensure the safety of your key assets, the bikes. Our expertise in similar IoT based solutions can help you keep your users in check and maintain the additional layer of security for each of the bikes.
Being a leading on demand application development company in India, USA, Canada, Singapore and Australia, Let’s Nurture has in-house experts who can help your build a robust and scalable bike parking platform like BikeSpace with unique features. Resources needed for bike parking app solution like BikeSpace are:
Experts with rigorous experience in developing iOS/Android apps.
We guarantee app approvals on both iOS and Android app stores.
Consultation on strategic features and their development.
Development within the confines of Apple and Google Play Store Guidelines.
Affordable estimations and costs.
Expertise in developing parking app solutions with rich portfolio.
Based on our initial assessment, developing and deploying an app like this typically takes around 20-25 weeks.
Server annual usage cost
3rd party API subscription charges (if applicable)
Payment Gateway transaction charges, 3 to 4% for each transaction
Have an !dea to develop an bike parking spot app like bikespace?
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