Taskrabbit is an online on-demand marketplace that connects Task posters (one who needs help) with TaskRabbits (one who provides help). It helps consumers to find immediate help with everyday tasks, like cleaning, delivery, handyman works, etc.
Users can simply open the website or the mobile application to select the work and match with the Taskers(local labor). This marketplace gives freelance labor to set their own rates and timings, and also it aims to help people to find their happiness and make some money.
Founders of TaskRabbit
In 2008, Leah Busque founded this online platform for the marketplace. RunMyErrand is the first suggested name and later, the name was changed to TaskRabbit in 2010. This platform has raised using approximately $38 million in 2015.
How does TaskRabbit work?
If you are a Tasker, First download the TaskRabbit app, then the company sends messages to your mobile about the works pending in your area. You can select any work from those notifications to complete.
Once you do so, inform the arrival time to the clients. When the work is finished, you will submit the bill invoice, and the payment is processed through the app only. After the job is complete, a Taskposter can review and rate the Tasker for his service through the app.
- A TaskPoster posts a job and TaskRabbit suggests three contractors, along with their hourly rates, and experience level.
- A Tasker can accept or reject the job as per his convenience and availability.
- When the job is completed by the Tasker, the payment is processed through the app.
The Business Model of TaskRabbit
- Task Posters (people who post the task)
- Task Rabbits (people who accept the work)
- Payment processors
- Product development and management
- Building Taskposter network and managing them
- Building the Rabbit network and managing the Taskdoers
- Payment management
- Customer service
- Local TaskPosters
- Efficient and skilled TaskRabbits
- Saves times
- Easy to get help
- Taskdoers with a clean background
- Cash-free payments
- Local jobs in and around the neighborhood
- Work at your own convenient time
- Instant money
- Mobile app for Android and ios
- People who want simple tasks done
- People who are short on time
- People who are on the go
- Unemployed or underemployed people
- People willing to make some extra money
- People looking for short temporary jobs
- Technological setup running costs
- Salaries to permanent employees
- Social and community activities
- Commissions on each transaction
What are the popular tasks on TaskRabbit?
The different categories TaskRabbit offers through the platform are:
- Event Planning
- Personal Assistant
- Minor Home Repairs
- Arts / Crafts
- Carpentry & Construction
- Data Entry
- Laundry and Ironing
- Pet Sitting
- Selling Online
- Web Design & Development
- Writing & Editing
How does Taskrabbit earn revenue?
TaskRabbit earns its profit by taking a small share on every transaction that happens through the app. TaskRabbit just opened its business section for local businesses.
The local businesses depend on the TaskRabbit workforce, and then the company would charge around 26% from the local business.
Key Problems and Solutions
In the modern business model where TaskPosters would drop a job, they quote a price lesser than their minimum wage. The bid Taskers may accept all kinds of jobs without considering the difficulty level. In the new business model, Taskers can specify their rate per hour and skills. And the process will be auto-assigned.
Sometimes TaskPosters lie about the rate of the task they want to finish. It may develop some problems on the site. The Taskers would thus feel underpaid. But here, the TaskPosters had to pay a charge based on the rate per hour.
Each and every task is insured at around $1,000,000 for any problems between the task. There is no safety or even insurance for the Taskers in the event of an accident. This was not noticed yet.
Much time-consuming biding has now been created, an automatic suggestion that suggests three options to choose from. The Tasker has about 30 minutes to respond to the invitation.
TaskPosters have an option to review and rate the Tasker and his task, but there are no criteria for posting a review. So some of the TaskPosters found to mistreat the Taskers.
How much you can earn from TaskRabbit?
You can earn with TaskRabbit is based on your skills, location, and the type of jobs.
For instance, The cleaners can charge between $21 to $40 per hour, while painters charge $104 to $200 per hour.
If your total working hours is 10 and charged $20 per hour, then in one month, your total earnings will be $800. And TaskRabbit charges a 15% service fee, which will be deducted from your total earnings in a month.
TaskRabbit allows customers to tip Taskers up to 30% of the total bill. And TaskRabbit does not charge service from it.
After your work, you can submit the invoice only through the TaskRabbit App. Taskers are paid directly depending on where you live.
How to build an app like TaskRabbit?
Do you want to build a similar app like TaskRabbit?
iScripts had made a Clone script for TaskRabbit in the name UberforX. iScripts UberforX is one of the best models for a service-related script.
iScripts UberforX is an online on-demand service platform that is more flexible to run services like TaskRabbit. The on-demand platform also matches the services from several industries such as health, food, taxi, fitness, etc.
With the increase in the sharing economy, many companies and startups are ready to take the benefits of the TaskRabbit business model. Any startups that are looking to invest in the on-demand model, need productive and conceiving sessions because proper planning will help you to get the desired output.
iScripts UberforX comes with an administrative control panel for the site owner – to manage the operations. The script consists of numerous options for the benefit of services and industries that gives you complete flexibility to build the business you envision at an affordable price.
Create your own on-demand platform using UberforX.
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