Believe it or not, behind the stuck-on smile of your Lyft driver lies a secret: Us, the drivers, are competing for your rides and your money. It’s tough out there for a Lyft driver who depends on the job as all or part of their income. You have to work late hours, hustle around town, and sometimes just get plain lucky.
You’ve gotta drive smart to make the real money, and I’ve figured out the one little-known secret of the most successful Lyft drivers that can guarantee you make the most money as a Lyft driver.
Boosting your income as a Lyft driver comes down to this
First, let’s go over the most obvious ways to boost your income that aren’t very “tricky:” Make sure to drive weekend nights and during rush hour. That’s when you’ll bank $20+ per hour. Sure, you might be free Monday thru Wednesday from 7-10pm, but you’re not going to get very many rides at that time.
Ok, that’s the easy stuff. Here’s the secret trick that’s going to seriously boost your income: Lyft pays you $10 for each new customer you refer to the app. If you’re at all familiar with the world of “lead generation” or adding new customers to a service, $10 per new customer is a dang good payout!
I routinely double my nightly income by referring new passengers, and without my referral bonuses, the Lyft gig wouldn’t be nearly as lucrative.
Make $$$: Refer new passengers to the Lyft app
Here’s what you need to do to bank the bonus: Have a passenger download the app, create an account, and input the unique promo code Lyft gives you after you become a driver. When your referral takes their first ride, you’ll be paid $10 the next day. The bonuses are reported on your daily and weekly driver summaries.
Tips to boost your referral bonuses:
- Hand out cards at bars
- Go to events and hand out cards
- Shamelessly ask friends to use and share your code
- Use social media like Facebook and Twitter to circulate your code
- Best tip: Get passengers in your car to sign up for the app. Tell them that they can get a free ride home by downloading the app and using their code. Not many people can turn that down.
It’s a huge opportunity — to both drive and promote for the company at the same time. The Lyft drivers who only drive are at the mercy of rider demand of any given night, but the drivers who heavily promote are working to guarantee that their income stays high.