A Case Study By: PAYAL CHETTRI Introduction about the sector
Food delivery market in India is worth over 12.5 billion USD,
Online food delivery is contributing more than 7% to this market. More than 50,000 restaurants in India provides home delivery, this indicates a very high potential and untapped market in online food delivery space. Players in the industry broadly classified into three categories: Fully integrated: Those who process food and delivers (Dominos, McD, Pizza Hut, KFC, Wow Momo etc.) Aggregators: An aggregator serves as middleman between customer and restaurants. It accepts orders from users and transmits them to a restaurant. The restaurant takes care of the dispatch (Ex: Burrp, Dineout, etc.) New Delivery App : A new delivery app, in turn, has its own logistic service and offers delivery for the restaurants that do not have their own couriers. In short, it provides information about food for customers and function as an order generating channel for restaurants (Ex: Swiggy, Zomato, FoodPanda, Uber Eats etc.) Mission Mission is to ensure nobody has a bad meal
Helping people discover great places around them
Building amazing experiences around dining Enabling restaurants to create amazing experiences Business Model
Restaurant Pays Delivery App for being featured
Users views restaurant More customers for the restaurants Asset Light Business Model Simple and User friendly interface Aggressive and Innovative Marketing strategy Data Analytics Features of app Detects location of app user automatically. User can choose from more than 4000 restaurants. Saves the order history and addresses. Customer support team available online (Phone, Email and Chats) No extra fees charged from customers. Reasons behind success
First mover advantage
Strong Content Platform Efficient employees Investment in new and advanced technology Good rating mechanism and social platform Globalization strategy Revenue Model Restaurant Advertising Event Advertising Event Ticket Sales Consulting Services Online food Ordering Subscription/Membership Data Analytics Key challenges
Wavering customer loyalty
Not keeping the price model predictable Arrival of biggies Dilemma over Logistics Inconsistent food quality Inefficiency to cope with volumes Unreliability in delivery & logistics staff How to improve Online Food Delivery
Well-designed app for menu / online menu
App is Optimized for Mobile and web Review Delivery Area Consider Delivery Hours Review Marketing Materials Do Something Different to Stand Out Have a standardized delivery procedure Social Media Connection to target the Customers You Want Point to Point Delivery model Conclusions Online Food Delivery Market has a huge potential to grow in India The customers comfort is simply the primary objective Utilization of digital food ordering system attract the users attention who can see and choose food menu Integrating food delivery app is the simplest, cheap and helpful way for a Restaurant business owner. The changing urban way of life of the normal Indian is sufficiently ideal for the Online food delivery models to grow in India Organizations who keep their offer and their image dynamic in Customer’s mind will take the greatest share of the Indian online food delivery market Good Food is Good Mood, Bon Appetit!!