Corporate overheads are expected to be $44000 per month while the Boston office alone has overheads of $14000.
Zipcar add driver software#
There are additional variable costs in the form of fee for consultants and software developers for developing the wireless technology system for the business but these would be non-recurring costs since they only have to be incurred till the development is complete.
Zipcar add driver drivers#
The main cost drivers (Appendix 2) in this business model are in the form of corporate overheads and cost of goods sold such as lease costs per car, fuel, insurance and maintenance for the cars along with parking and equipment charges for each car. Additional revenue heads include late fee charges.(Appendix 1 ) The major impact on the revenue is from an increase in memberships which not only leads to an increase in security deposits but also to a potential rise in variable revenue heads such as per hour/mile charges. The multiple revenue streams in this model include revenue from an annual membership fee, application fee for new members, security deposits and variable income in the form of charges per mile and hour. This car sharing service allows members to access cars parked at designated spots through zipcards which are issued to members and provide convenience to individuals who do not own a car and yet do not want to go through the hassle of keeping a private car.
Go beyond public transit – Zipcar is the perfect complement to the bus and train-whether it’s local errands or weekend adventures.Chase’s care sharing venture, Zipcar, is a typical example of a revenue model with multiple revenue streams.(No need to even search for your keys!) Just book and go. Drive on-demand – No waiting in line at the counter.Cars near you – Zipcars live in your local neighborhood, and in cities, campuses and airports across the globe.Save money – Zipcar covers gas, insurance options,* parking, and maintenance for a potential savings of $600/month over car ownership.Return – When you’re done, park the car in the same location you picked it up from, then end the trip with the app.Use our app to unlock and lock during your trip. Drive on demand – Book a round trip car by the hour or day.Most people are approved instantly and can book a trip within minutes.
Join in minutes – Apply online with a valid driver’s license.
Living our core values, as a company and as individual team members from the Big Apple to Big Ben.Becoming a premier employer for talented, passionate people who thrive on changing the world for good.Freeing up city space through strategies that consider campus, urban, residential, commercial and city planning needs.Helping members save time, hassle and money in their everyday transportation.Delivering on-demand vehicles that support environmental sustainability.We’re on a mission to enable simple and responsible urban living-a future filled with more car-sharing members than car owners in major cities across the globe. This idea is bigger than all of us, and we’re committed to our mission: to enable simple and responsible urban living. It’s not just about fewer cars and reducing congestion and pollution it’s about finding sustainable solutions. Zipcar Car Sharing – an Alternative to Car RentalĬar sharing seems like a simple enough idea, but there’s a reason Zipcar has become the leader of cars on demand.