Showing posts with label Saving Money. Show all posts
Showing posts with label Saving Money. Show all posts

Friday, February 23, 2018

Uber Express Pool Expected to be a Cheaper and More Efficient Ride-Sharing Option



Especially in crowded metropolitan areas like San Francisco, New York, and Los Angeles, fewer and fewer people are choosing to drive. Between the cost of gas/maintenance and often the complete inability to find parking anywhere, many would-be drivers opt to use ride-sharing services like Uber or Lyft instead. For those who drive long distances on a daily basis, it still makes more sense to own a car, but for those who don't drive often, ride-sharing is the cheaper alternative. The cheapest variation of ride-sharing is UberPool, which lets multiple riders share an Uber and split the cost. According to an L.A. Times article written by Tracey Lien, an even cheaper and more efficient alternative, called Uber Express Pool, is on its way to LA.

Uber Pool, while great in that it can save a rider a few dollars on a trip and can give the driver the ability to pick up more fares in a shorter time, also has its downsides. One of the biggest complaints about the Uber Pool service is that it isn't a very fast way of getting anywhere. Inherently, when you opt to allow the driver to pick up other riders on the way to your destination, there will be a little bit of time added to your commute. However, because of the way Uber Pool is set up, it ends up being even longer, as the driver is directed to strange circuitous routes that the app calculates to "maximize efficiency," but which actually does the exact opposite. Additionally, for people taking a longer distance Uber Pool, the driver may pick up multiple passengers along the way, and then will have to go out of the way to drop them off before ever reaching the original rider's destination.

Uber Express Pool is expected to retain Uber Pool's upsides (especially its lowered prices) with fewer of its drawbacks. Some have compared Express Pool to a bus service in that it has designated pick-up and drop-off locations along routes created at a rider's request. Riders will have to walk a bit to get to where they're going, but this system avoids the wasted time of giving each rider door-to-door service, which makes each ride more efficient. It also allows riders to have a better approximation as to the time frame of their arrival. If the car isn't going off in random directions to pick up extra fares, then it's pretty easy to figure out how long the ride will take, even with multiple stops in the middle.

A somewhat similar system is already in place on several college campuses and airports, but that's more for ease of use and to ease traffic congestion. At those locations, there are designated pick-up and drop-off locations. By having those locations, the schools and airports don't have drivers constantly blocking up traffic, and drivers and riders are more easily able to find each other. When riders used to be able to request a pick-up anywhere on campus, it was often difficult for drivers to find them, as the routes through many college campuses tend to be difficult to navigate for people not accustomed to them. In all, it seems that the updated Express Pool will be beneficial to both riders and drivers, and is, therefore, a positive addition to Uber's array of services.

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Find out more about us at www.sepulvedaescrow.net. Any Questions? Contact our Escrow Expert! Sepulveda Escrow Corporation (818) 838-1831. Follow our company on Facebook, Twitter, LinkedIn, and Google+.
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Thursday, October 26, 2017

"Honey" Browser Extension Automatically Inputs Coupon Codes for Online Shoppers



Many consumers prefer to do their shopping online as opposed to in brick-and-mortar stores. Shopping online, especially when you know exactly what you're looking for, can be cheaper, easier, and more expedient than taking the time to go to Wal-Mart or Target and pick up the latest device. Still, consumers want to get the best deal possible, especially when shopping online. Research shows that consumers are often hesitant to place an order online due to a feeling that they may be paying too much. In his L.A. Times article, David Pierson describes an innovative browser add-on called Honey that automatically finds discount codes for many shopping websites.

The extension is free for download on all Firefox, Safari, and Google Chrome browsers, and requires absolutely no effort on the part of the user. Simply by installing the add-on, the discounts will immediately begin popping up when a user goes to check out on thousands of shopping sites. The extension uses user-inputted data (like Waze) to determine which discount codes work best and which don't work at all, so each consumer using the app helps to make it better for the next user. Honey has over 5 million users, who have saved an average of $32 per month on items that they were going to purchase anyway.

This browser extension seems to be a win-win-win for everyone involved. Consumers get to find discounts that they wouldn't have otherwise been able to use on items that they were planning on purchasing anyway. The shopping sites tend to make more money because shoppers are 55% more likely to finish checking out when Honey has checked for potential discounts. Honey itself makes money because certain merchants pay to have their discounts made more visible, to increase customer traffic. Everyone is making money, without much of a risk to any one party.

About 9,000 of Honey's 21,000 affiliated merchants pays the company a commission for driving customer sales. One of their biggest issues, however, is that they have so far been unable to convince Amazon to get on board. Because Amazon has such a large share of the online shopping market, that could pose problems for Honey in the future. They hope that consumers will choose to use other websites, to keep the Seattle-based company from monopolizing the market and raising prices, but time will tell whether their efforts will be successful. Until then, Honey has an integrated feature for Amazon shoppers to let them know when prices of items in their cart have fluctuated. That feature may be enough to help Honey stay relevant in the Amazon-saturated market.

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Find out more about us at www.sepulvedaescrow.net. Any Questions? Contact our Escrow Expert! Sepulveda Escrow Corporation (818) 838-1831. Follow our company on Facebook, Twitter, LinkedIn, and Google+.
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