Skip to main content

Lyft is partnering with Taco Bell for late night munchies pit stops.



Lyft’s new partnership with Taco Bell seems like a weird cross-marketing campaign at first glance, but it could become a model for future tie-ups to come, and a new revenue opportunity for ride-hailing in general. Lyft and the fast food restaurant chain debuted “Taco Mode” today, which allows riders to add on a Taco Bell side trip during their ride with a simple tap within the app.

The tie-up includes other components of an “ultimate Taco Bell experience,” including custom swag and well as a special in-car menu, and free food giveaways. The stated explanation for the partnership on the Taco Bell side, according to a press release, is that already people often ask for a Taco Bell pitstop, especially on late-night rides, but the restaurateur believes there’s a missed opportunity in terms of people who want to ask but aren’t sure if that’s allowed.

Let me say that from personal experience as a youth frequenting bars pre-ride hailing, it’s definitely true that Taco Bell ended up as a frequent destination. But let me also say that this is likely more about giving Lyft a look at a new way to potentially bring on direct marketing opportunities with partners that can help them shore up revenue deficiencies in the primary business model.







Lyft is testing this out at first in a limited pilot – it’s running between July 27 and 29, and then again between August 3 and 5 in Orange County only between 9 PM and 2 AM local time. But the plan is to then “expand Taco Mode into additional markets by the end of the year, with an expected nationwide rollout in 2018.”

Done well, this could be a new business opportunity that helps Lyft bring in additional marketing partners and revenue with a minimum of impact to the core product and ride hailing service. But it’s hard not to imagine a future in which these kinds of deals proliferate to the point where hailing a ride is basically just asking for an onslaught of advertising to be presented to you during idle time – which is exactly what Facebook has become.

More@ https://www.technapping.com

Source: Techcrunch

Comments

Popular posts from this blog

WTF is bitcoin cash and is it worth anything?

Early yesterday morning bitcoin’s blockchain forked — meaning a separate cryptocurrency was created called bitcoin cash . The way a fork works is instead of creating a totally new cryptocurrency (and blockchain) starting at block 0, a fork just creates a duplicate version that shares the same history. So all past transactions on bitcoin cash’s new blockchain are identical to bitcoin core’s blockchain, with future transactions and balances being totally independent from each other. For practical matters, all this really means is that everyone who owned bitcoin before the fork now has an identical amount of bitcoin cash that is recorded in bitcoin cash’s forked blockchain. But it’s not exactly this easy. If you control your own private keys, or hold your bitcoin in an exchange that said it would credit users’ balances with bitcoin cash, you’re fine and can access your newfound cryptocurrency right now. If you held your bitcoin with a provider like Coinbase, which said before the fork t...

Google Maps suggests BlaBlaCar for long-distance rides

Google Maps on Android and iOS now has a new transportation option. If you live in a country where French startup BlaBlaCar operates, you can now open the BlaBlaCar app and book a ride straight from Google Maps. Google isn’t adding a new tab just for BlaBlaCar. Instead, BlaBlaCar appears as a new option in the public transportation tab. For instance, if you’re looking at ways to go from Paris to Lyon, Google Maps suggests taking the TGV train — and now also BlaBlaCar. The app gives you an ETA for each transportation mode so that you can compare how long it’s going to take if you opt for the train or BlaBlaCar. Google Maps uses the same ETA for BlaBlaCar and a normal car ride. It also estimates the cost of a BlaBlaCar ride. BlaBlaCar is a ridesharing service for long-distance rides between two cities. It has tens of millions of members in dozens of countries. Think about it as a sort of Airbnb for carpooling. When you are driving from one city to another, BlaBlaCar can help you fi...

Carwow, a UK startup that helps you buy a new car, raises $39M Series C

Carwow , a platform that helps you buy a new car, has closed $39 million in Series C funding. The round was led by new investor Vitruvian Partners, with existing investors Accel Partners and Balderton Capital also participating. At today’s exchange rate it brings total funding to approximately $62.6 million. Founded in late 2010, Carwow originally launched as a car review aggregator before pivoting to become a site that claims to improve the experience of buying a new car. It allows consumers to compare offers online and buy directly from ‘trusted’ dealers that are registered with the platform, specifically avoiding the arduous but otherwise necessary requirement to haggle over price and in a way that potentially introduces more transparency. Specifically, through Carwow you can research, select and configure new cars before receiving and offers from U.K. franchised dealers. The idea is that you can then make an informed decision on those offers based on price, location, dealer rating...