RideSU - RideSU Opportunity: the opportunity we are...

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RideSU Opportunity : the opportunity we are exploiting is the need for both lower cost and faster travel between key student commuting locations and Syracuse University. These key locations not only include the hometowns and areas of students but also central locations in Syracuse New York such as the Hancock International Airport and the Regional Transportation Center. The Problem : The problem we are addressing is the high cost and low efficiency of travel to and from Syracuse University by students. Business Concept : RideSU utilizes the students who are already commuting to and from Syracuse University via personal automobiles and allows them to leverage existing students to cheapen the cost of their commute while simultaneously providing a higher efficiency, environmentally friendly, and lower cost travel alternative. The RideSU website provides a central location for two main groups of travelers, Riders and Travelers. Travelers will have the ability to post travel plans (To, From, Date, seats available), so that Riders will have the ability to “reserve” a seat in the car. Travelers will have the ability to post a cost associated with their travel as a flat fee, percentage of travel cost (tolls, gas, etc) or both. Riders will have the ability to reserve space in a travel plan, or post a “Wanted” travel plan for which a Traveler can “Accommodate” the request with the same information listed above. Business Model: Value Creation : RideSU creates value by not only eliminating the need for expensive and slow travel (train, bus, or even air travel) by utilizing existing travelers who often travel alone and with unfilled seats and room in their vehicles. Not only does this maximize the utility of the vehicle itself, but reduces the cost of travel for both parties, is environmentally more sustainable and friendly, and
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RideSU - RideSU Opportunity: the opportunity we are...

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