When we have two options for the same services, then all individuals have a tendency to compare and find the right option. So here we have two most required and important applications that are about to be discussed – TaskRabbit vs Thumbtack ? Undeniably, every person is very occupied with their work and other chores; so we all need such applications to call taskers and get help in completing our personal household and even commercial chores and more tasks. When these applications are playing such a significant role in lives; then read to know further “TaskRabbit vs. Thumbtack – Which is Better?”
This blog will take you through a brief explanation about TaskRabbit and Thumbtack. Also, you will come to know about the differences between thumbtack vs TaskRabbit. So go on, read the information to choose the best handyman service app.
Table of Contents
- What is TaskRabbit?
- How Does TaskRabbit Work?
- Monetization of TaskRabbit
- What is Thumbtack?
- How Does Thumbtack Work?
- Monetization of Thumbtack
- TaskRabbit vs Thumbtack – Which is the Right Platform to Choose?
- Pros & Cons of Thumbtack vs TaskRabbit
- How to Build an App Like TaskRabbit and Thumbtack?
- Which is Better – TaskRabbit or Thumbtack?
- How Konstant Can Help in Handyman Service App Development?
- Conclusion
- Frequently Asked Questions (FAQs)
What is TaskRabbit?
TaskRabbit is a platform, where customers post about their required daily tasks; like cleaning, gardening, grocery shopping, furniture set-up, or anything else. There are freelancers, who look forward to such job opportunities. Through the application; the freelancers and customers converse with each other and fix their deals. When the customers fix their deals with freelance bidders, the payment will be generated through TaskRabbit and then transferred to the freelancer after completion of the task.
How Does TaskRabbit Work?
For Customers
The customers have to post on TaskRabbit for the freelancers. They have to mention what they are looking for, how they need to process, at what time they need services, and what their budget is. When the customers post for freelancers; then bidders will bid on their posts to gain the opportunity to work.
For Freelancers
The bidders have to apply for their freelance job opportunity on the customer’s post. If the customers have accepted their approach, then both parties can converse with each other for further discussion to take place on the task.
Basically, it is a platform where the customers and freelancers can connect with each other to fulfill the task completion purpose of customers and job opportunities for the bidders. TaskRabbit works as a mediator source for both parties to fulfill their needs with content.
Monetization of TaskRabbit
TaskRabbit works on a commission-based revenue model, in which the application will charge the customers as service charges. The extra commission charges will be added to the overall amount.
They charge a certain amount as a service fee, which is the commission from the bookings made via the platform. Basically, clients have to pay 15% extra on the overall payment as their service charges.
Revenue Streams for TaskRabbit
- Commission Charges / Platform Fees
- Trust and Support Fees of TaskRabbit
- Advertisement Charges
- Peak Pricing
What is Thumbtack?
Thumbtack is the one lead generation platform for contractors and providers. Whether someone wants a gardener, carpenter, or electrician; Thumbtack will connect the local handymen or local professionals with customers through the application.
Both the customers and the tradesperson have to register & create an account on the application. Once the account is built, customers can post for freelancers and freelancers can bid to get the job.
The customers are supposed to describe their project, and afterward, Thumbtack will send potential leads to the customers
How Does Thumbtack Work?
Customers are supposed to create their account on the application, and then the app will provide leads to the customers according to their projects described. The seekers will get real-time available profiles with their ratings and budget to complete their tasks. After that, customers can shortlist for right professionals by matching their pros, cons, and other aspects.
The freelancers will find potential and suitable gigs on the platform, and then bid on the ones suited as per their requirements. According to the freelancer’s budget and requirements; they can also shortlist their customers.
Monetization of Thumbtack
Thumbtack charges commission from the tradesperson to find contracts, projects, or potential customers. The application allows the handyman to choose their customers, and vice versa. The cost of the commission will fluctuate if the cost of the job is changed. There is a certain percentage that needs to be paid by the handyman.
Revenue Stream of Thumbtack
- Commission Charges / Platform Fees
- Subscription Charges
- Listing
- Advertisement
TaskRabbit vs Thumbtack – Which is the Right Platform to Choose?
Do you want to know whether TaskRabbit is the right platform for Thumbtack? Here we will showcase the difference between TaskRabbit vs Thumbtack. Go through the differences to decide; which is the better platform for your suitable needs & requirements.
| Categories | TaskRabbit | Thumbtack |
|---|---|---|
| Cost of Jobs (Average Cost) | $25 – $60 / Hourly | $40 – $70 / Hourly |
| Pricing | $25 is the registration upfront cost, + 15% service fee customers have to pay if they hire any tradesperson | Only payable when you pursue any lead; otherwise pay when you are using some pro features. |
| Review & Ratings | The users can leave reviews and ratings after the job is done. | Similar to TaskRabbit, the users can leave their reviews and feedback on the application after the job is done |
| Coverage Area | USA, Canada, UK, Germany, France, Italy, Portugal, and Spain | USA |
| Services Available | 20+ Services Available | 2000+ Services Available |
| Customer Services | It is very responsive and provides resolution in real-time. | Similarly, it is quickly responsive and resolves queries in real time. |
| Type of Clients | Residential | Both (residential and commercial). Most often – Residential |
| Advertisements | Advertisements opportunities to those; who enable TaskRabbit Elite Status | Advertising opportunities For those, who enable Thumbtack Pro Class |
| Clientele Base | For the immediate needs of clients; TaskRabbit is the best one | It is an open application accessible to all |
| Business Model | TaskRabbit charges a 15% commission from service providers. Before that; the registration charge will be $25 | Thumbtack is based solely on the dependence of the service providers. Commission charges from the handyman; not from customers. |
| Services Offered | TaskRabbit serves the daily basic household requirements; such as cleaning, installation of appliances, tap leakage, assembling the furniture, etc. | Thumbtack provides services on a large-scale; such as serving organizations or bigger events |
| Refund Policy | There is no refund policy in TaskRabbit because the payment will be generated once the task is complete | Thumbtack will refund the amount to the service provider if the project is canceled. |
| Cancellation Policy | There is nothing to be canceled; because the algorithm already takes every precaution and keeps it behind; so that the customer and service provider will not struggle with any loss | If the cancellation is logical; then it is acceptable. If there is an illogical reason; then $15 will be charged to the customers |
Pros & Cons of Thumbtack vs TaskRabbit
TaskRabbit Pros
- 24-hour Customer Support: TaskRabbit is always available for customer support; 24*7. The application is responsible for giving quick real-time responses through the chatbot to customers and service providers.
- Transparency: Only professional handymen with clean backgrounds are allowed to register on TaskRabbit. They are shown with good leads suitable to their expert skills. So there will be transparency between the customers and service providers.
- No fees for Task Take-Ups: The taskers do not need to pay for taking clients’ or customers’ contact information from the application.
- Partnership with Ikea: TaskRabbit has partnered with Ikea, which means the application has vast taskers along. It offers more chances for the taskers to get job opportunities and more taskers for the customers to join.
- Flexibility with the Payment: The taskers will get the payment once they are done with tasks. Also, the handymen can leave the platform anytime they want to.
TaskRabbit Cons
- Struggle with Area of Job: If someone is looking for taskers in rural areas; it may take longer to find them. Taskers only accept jobs in rural areas; if the tasks are bigger. In the urban areas, there are more potential people looking for taskers and more opportunities for handymen. This way TaskRabbit works accordingly.
- No Control on Searching for Taskers for Normal Jobs: When the customers are looking for taskers, make sure you find a suitable handyman experienced in specific tasks and jobs. Customers cannot hire someone, who does not belong to a task-related skills background. This is the reason; why taskers do not accept normal ordinary tasks.
Thumbtack Pros
- No Registration Fees: There are no registration fees charged from the customers as well as taskers.
- Flexibility to Use the Application: The user interface of the application is very easy to navigate; as well as one can set up the algorithm on an hourly and location basis. Before any appointment is booked by the customers; they can get insights into what others cost and services others are providing.
- No Cost from Contractor: Thumbtack does not charge contractors from their profit margins.
- Ideal Platform: It is the best platform for any start-up or digitized local businesses.
- Easier Refund Policy: If the customers won’t initiate communication or do not respond appropriately within 48 hours of booking; then the contractor’s money will be refunded.
Thumbtack Cons
- Pricing Variables- The Thumbtack lead acquisition procedure is a bit different. The is not based on the percentage model but is dependent upon the quality of attributes; such as bidding price, experience, job type, job costing, etc.
- Account Deletion: If you violate any rules and guidelines of Thumbtack; then the admin panel of the application will delete the account of users without any warning. It is a bit harsh for the contractors; who were constantly trying to build their profiles on the application.
How to Build an App Like TaskRabbit and Thumbtack?
If you are aiming to build apps like TaskRabbit or Thumbtack; then here is a step-by-step process that is followed by the mobile game app developers. Read to know the process:
Understanding the Idea and Market Analysis
If you are thinking of building an app like TaskRabbit, then first you must analyze your own ideas. The client must know what he is thinking, and whether his thoughts are perfect for an app development solution or not. Therefore, evaluate the roadmap of your own ideologies and check upon the current competitors. Study the similar kinds of apps available in the market to know what you should add, what uniqueness to bring, and what sort of advancements to expect in your applications. Once you revise your own ideologies and understand the current market players; then processing the execution of development with appropriate planning will become easier and quicker.
Select Your Business Model Type
There are various business models one can build; such as
- Transaction-Based Models
This application is based on transactional flow. It will make money through every transaction made through the application. The more transactions will take place via the application; the more revenue it will make.
- Subscription-Based Models
In the subscription-based model, the user needs to pay to use the application. On the other hand, the taskers have to pay a certain amount as a subscription weekly/monthly to get more & more customers through the applications.
- Lead-Based Models
This lead-based model is based on the amount demanded by the taskers on every lead they get through the application. Whenever the tasker gets leads; by the moment they have to pay a certain amount or percentage of money to the application.
Look for the Best Mobile App Development Company
Now you are aware of your own ideologies, business mode, and other aspects of building an app like TaskRabbit; so now it’s time to look for the best mobile app development company. Make sure, you do in-depth research, resolve your queries, converse with the developers, ask for quotations of projects, check out the experience, and go through the portfolio of the company to understand how they are performing. It is very important to search for the one company, that can handle handyman app development rigorously resulting in the app finishing with excellence.
Better to Build MVP First
It is advisable to build an MVP first. If you think of building the whole application in just 1-2 days; it definitely results to failure. Therefore, the best thing you could do is to go a bit slow. You can make app development tasks possible with quality assured by hiring the best mobile app developers. Better you look for the ones, who already tried and successfully made great handyman apps.
Which is Better – TaskRabbit vs Thumbtack?
TaskRabbit is a transaction-based application, and on the other hand, Thumbtack is a lead-based application. Both applications have different workflows, different revenue generation models, and different aspects to work on. Selecting the best application is very challenging; because both the applications (TaskRabbit and Thumbtack) have large audiences with huge worthy revenue in the marketplace.
How Konstant Can Help in Handyman Service App Development?
Handyman service apps are constantly growing their market presence, and demand for such apps is also increasing somehow. The idea of handyman service app development will profit you at some other level extent. Even you have the support of Konstant InfoSolution, which is known for being the best mobile app development service. The company will provide the best IT Solutions and resulting applications with the latest tech trends and features integration to make it more demanding in the marketplace.
- 24*7 Customer Sevice Support
- Latest Technologies and Advanced Techs Used
- Affordable App Development Services with Quality Assured
- Mobile App Consulting and Development Services
- Customized Services meet the specific business requirement
Conclusion
Now that you are aware of TaskRabbit and Thumbtack Applications; definitely you might have the question regarding “Which is the better application to use?” No doubt that; both applications have huge customer retention; and building an app like TaskRabbit so requires extreme skillset, knowledge, and experience.
First, if you have planned to build such an application, keep in mind to go through the Thumbtack vs TaskRabbit thoroughly. Also, understand the concept of other existing market competitors to analyze what you should build.
After evaluating the market competitors; then start looking for an experienced and expert mobile app development company to build incredible apps like Thumbtack.
In case you have any doubts, consider Konstant InfoSolutions, the leading mobile app development company to assist respective clients with the best solutions. The team of mobile app developers here have record-breaking experience; in which they have built successful apps and software. Without any doubt, Konstant is the one platform to provide you with result-oriented advice and applications.
Frequently Asked Questions (FAQs)
How Much Does It Cost to Build an App like TaskRabbit?
The cost to develop an app like TaskRabbit starts from $30000-$40000. It is just an estimation; because if you add more features to it; that will definitely extend its app development cost. So there are several factors that affect the cost of building an app like TaskRabbit; such as the developer’s team, technologies used, advancements, latest trends integration, etc.
Why Building An App Like Thumbtack is a Profitable Idea?
TaskRabbit builds a bridge between the customers and taskers; helping both parties to fulfill their needs. The customers will get connected with the required taskers. Alongside, the taskers will get in touch with the potential customers to get job opportunities. Therefore, it is a very demanding application. Better if you decide to build such an application; because it can be a profitable deal.
How Much Time Will It Take to Build an App Like TaskRabbit?
It will take nearly 2-3 months to build an app like TaskRabbit. Still, you can confirm the ideations and planning with the mobile app development team to know how much will it take. If you add some extra features, some latest technologies and advancements; that will take a bit longer than the standard duration to build an app like TaskRabbit.