The Sequel: How Does Driverseat Generate High Profit Margins On Our Shuttle Services?

The Sequel: How Does Driverseat Generate High Profit Margins On Our Shuttle Services?

By now, you know how Driverseat optimizes for high profit margins on our shuttle services through some of our main methods that include purpose-building our fleets, frequent shuttle turnover, precise expense management, and comprehensive dispatch software. However, that is only the tip of the iceberg on what we will now delve into for you, one of our top engagers. Here’s how we optimize for high profit margins on our shuttles– accompanied by pictures of what it looks like behind the scenes

  1. We add more vehicles to the fleet based on contracts won or based on hitting revenue targets by vehicle. As our B2B revenue increases, we are able to add to our fleet and introduce new vehicles, such as our Elite black SUVs, which are roomier and more luxurious than our day-to-day shuttles.
  2. By replacing and reselling vehicles every 36 months, we minimize repair expense and downtime. Once Driverseat vehicles pass the 3 year mark, on average, it costs more to regularly maintain the vehicle, hence why replacing it reduces monthly depreciation overall.
  3. To implement precise expense management, Driverseat tracks all vehicle expenses and compares them on a regular basis to optimize best practices across every Driverseat location. Using spreadsheet software, all details are kept in one place for tight management.
  4. Using the latest technology, Driverseat keeps track of every vehicle to ensure efficient fuel consumption and that our Chauffeurs are practicing safe driving habits. This can all be viewed from one screen, streamlining the process and allowing us to view which Chauffeurs are assigned to what trip and driving nuances like speed, turns, braking, and more.

 

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