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Is investing in a Home Services App a profitable venture?

The fabric of business has changed today. People all over the world have warmed up the idea of independent and unique businesses. Today, alternative professions like Cuddling or tutoring aren’t considers a house wife’s chore but a full-fledged business that can provide employment to many people. 

This probably has a lot to do with the fact that people are becoming extremely dependent on technology. Today, people know that no matter what their requirement is, a few taps on their smartphones is going to help them out.

The rise of the House Joy clone market is an excellent example of the Uber for X model. A home service app is a way to enjoy the liberty of being able to hire any kind of service that you want from the comfort of your smart phone.

Home Services App

The concept of a shared economy

Shared economy is not a recent concept. It has been around for many years disguised as many other words like revenue sharing, profit division, etc. However, the current shared economy model is quite different. The shared economy of the Uber for X concept basically allows people to utilize mobile apps as a platform to offer their services and in exchange for the visibility and access pay a commission of the services.

Tribulations for Sharing Economy Businesses

As popular as the concept might be, it isn’t easy to be a part of the shared economy. There are a few challenges that this sector faces. Three of the biggest challenges are:

Laws, Rules and Legal Regulations

There are many rules and regulations that any new business has to abide by. Failing to do so, might result in them being forced to shut the entire operations of the business. Sometimes, some laws just don’t allow a particular business model and in some cases, competitive businesses try to use legal loophole to make app based businesses not thrive. For example, many private taxi companies went up against Uber because they were losing business. 

Profitability

The basis of every business is to make money. Every one likes to earn more money so that they can eventually ensure that they can grow their dream into a commercial success. However, Sometimes a business which is entirely based on a digital platform might have to take heavy losses. Although we are continuously evolving into a more technologically dependent breed, the digital wave has yet just wet the shore. There is a lot more needed to flood the beaches.

Competitive market

The future of app based business is very bright. This is why on demand handy man; on demand services apps have become quite common. Naturally, it is very good for the customer because he or she gets the advantage of low pricing that companies keep to lure customers, but in a system which offers more challenges for the service providers, earning might get difficult.

House Joy clone app

The House Joy clone app is a mobile application based on the bare bones of the original House joy app. This is in its most essential basic form a home services app. This app enables customers to hire the services of any kind of service provider like:

  • Electrician
  • Plumber
  • House maid
  • House Painter
  • Home cleaner
  • Massage Therapist
  • Beautician
  • Doctor
  • Physiotherapist
  • Tutor
  • Dog walker

And so on and so forth.

Business scope

The scope of such House Joy clone is absolutely huge. There are no limitations to what can be done and what can’t be offered through this app. The app allows service providers to offer their services while customers to enjoy instant bookings. The app owner enjoys a commission earning on every booking made!

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