Case Study

DEVELOPING A COMMISSION OPTIMIZATION PLATFORM FOR A UK TAXI PLATFORM

DEVELOPING A COMMISSION OPTIMIZATION PLATFORM FOR A UK TAXI PLATFORM

Pages 3 Pages

A UK-based taxi platform, which connects customers to multiple taxi companies without owning or operating taxis, sought QuickLizard's help to optimize commissions and boost profits in a highly competitive marketplace. The platform's pricing was based on the actual taxi ride cost and a commission fee. QuickLizard implemented a real-time AI-driven solution to optimize commissions by analyzing user behavior, demand levels, and competitor data. As a result, the platform saw a 16% increase in revenue and a 7% rise in profits. Looking ahead, the company plans to continue using dynamic pricing to optimize commission levels and improve day-to-day operations and promotional offers.

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