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I'm hoping my shiny new tin foil hat has dual effect from protecting as well as filtering some of the things that are coming into and out of my brain. So here we go let's try it out.
The Uber effect.
by unknown.
Uber has introduced The upfront pricing which appears to have a sliding scale for pay. However I do believe this is an illusion. There is a scale, and it's based on a 4 hour block.
Over the last almost year now I've been trying to figure out or nail down exactly what the formula or pattern that is used for The upfront pricing. I think I've been over analyzing and trying to find a pattern instead of just letting it happen naturally.
Looking back and doing some numbers I have come to the conclusion that the only acceptable or somewhat feasible explanation is Uber is capping your earnings at a certain dollar amount per market per 4 hour block.
I honestly have to exclude any kind of long trips because for one I automatically decline those without even looking at them.
But during a normal day it seems that here in my market, Uber wants to stick at the $28 to $30 an hour mark.
For the longest time here in my market, the best trips were right around $10. And it seemed to take around 15 minutes.
Now, I've notice to maintain that $28 an hour threshold, you have to stay online longer than 4 hours straight. They're manipulating the pickup/dropoff and price over a longer distance/time to maintain that $28 threshold so you stay engaged longer on the platform.
Bombarding you with long pickups with short drop offs with a higher payout. As you get into that 4 hour stretch,that number seems to lessen on the pickups and lengthen on the drop offs to where they're almost equal.
So the longer you stay on platform,the quicker you make money. This then resets after 4 hours.
My observation could be wrong and I accept that.
I'm just certain without reservation there is a theorem.
The Uber effect.
by unknown.
Uber has introduced The upfront pricing which appears to have a sliding scale for pay. However I do believe this is an illusion. There is a scale, and it's based on a 4 hour block.
Over the last almost year now I've been trying to figure out or nail down exactly what the formula or pattern that is used for The upfront pricing. I think I've been over analyzing and trying to find a pattern instead of just letting it happen naturally.
Looking back and doing some numbers I have come to the conclusion that the only acceptable or somewhat feasible explanation is Uber is capping your earnings at a certain dollar amount per market per 4 hour block.
I honestly have to exclude any kind of long trips because for one I automatically decline those without even looking at them.
But during a normal day it seems that here in my market, Uber wants to stick at the $28 to $30 an hour mark.
For the longest time here in my market, the best trips were right around $10. And it seemed to take around 15 minutes.
Now, I've notice to maintain that $28 an hour threshold, you have to stay online longer than 4 hours straight. They're manipulating the pickup/dropoff and price over a longer distance/time to maintain that $28 threshold so you stay engaged longer on the platform.
Bombarding you with long pickups with short drop offs with a higher payout. As you get into that 4 hour stretch,that number seems to lessen on the pickups and lengthen on the drop offs to where they're almost equal.
So the longer you stay on platform,the quicker you make money. This then resets after 4 hours.
My observation could be wrong and I accept that.
I'm just certain without reservation there is a theorem.
