Meaning of On Demand Service and Why It’s High-Key Amazing
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Can you remember the last time you phoned a taxi to give you a lift? Neither can we. On demand services have changed (and are still changing) our lives in so many ways. Despite such a profound impact, the meaning of on demand service has eluded some people.
If that’s you, don’t worry. Keep reading to discover the definition of on demand service and why this insanely convenient service model is here to stay!
What’s the Meaning of On Demand Service?
- Definition of On Demand Service – On demand service refers to the concept of allowing consumers to use a service anytime they want. Regardless of where they are, they can enjoy instant access to the products and services with only a few taps on their smartphone.
- Example of On Demand Service – You could be sitting in traffic but still do your grocery shopping with on demand service apps. By the time you reach home, the groceries would be delivered to your house, so you can start cooking dinner right away!
Types of On Demand Services Apps
B2C: Businesses sell to customers directly (E.g: E-commerce platforms)
B2B: Businesses provide on demand services to other businesses/organisations (E.g: Banking platforms)
C2C: Consumers buy and sell products and services to other consumers (E.g: Homestay platforms)
Benefits of On Demand Service Apps
- Easy To Make Purchases or Orders – Buy or order pretty much anything under the sun, no matter where you are, and enjoy it instantly.
- Real-Time Tracking – Cut out unnecessary communication and simply be notified when your order is approved, rejected, arriving, or canceled.
- Flexible Payment Gateways – With faster and more secure payment gateways, transactions take only a fraction of a second.
Get YAS Microinsurance On Demand
How does getting insured anytime, anywhere sound? Experience affordable, bite-sized coverage plans on demand with YAS! Leave your worries behind and get protected with just a single tap.
Download the YAS app on Google Play or the App Store now! For more tips and guides, explore our other articles here.
