Uberization of the food industry and the collective offering has given rise to a new level of comfort. A lot of companies within this segment are competing with each other to gain the top position. Doordash, a $13Bn on-demand food delivery company, recently filed for an IPO confidentially. They claim to have filed the form S-1 with the SEC. At the moment, this company has not revealed the price of the share or the total number of shares to be made available.

With this public listing, the company will be able to gain some capital, which is required to take the next growth jump. The company is currently ranking at the top in the on-demand delivery segment, and recently raised $700Mn in funding. The company has a 38% market share in U.S. alone. 

The IPO will significantly improve the company’s growth mode. 

Let’s take a look at the on-demand food delivery statistics, which will help us understand more about the industry and the on-demand needs.

The Statistics

The annual growth rate for the revenue in the on-demand food delivery segment is $9207Mn in 2020

The maximum revenue is generated in China alone. 

60% of the restaurant operators say that offering delivery has helped them increase their sales. 

Customers who place an online order with a restaurant will visit that restaurant 67% more frequently than those who don’t

With the high influence of the on-demand food delivery startups, and the growth in the revenue of the food industry, it has become even more tough for new startups to penetrate into this market. 

An app like doordash needs quite a good planning effort combined with ideal solutions. To ensure you can create a good on-demand food delivery app, you need to work on the lessons you have learnt from this on-demand food startup.

Lessons Learnt from Doordash

There are a few lessons, which if you incorporate in your app, you would benefit from the solution you get.

In-depth Understanding of the Industry

Whether you are new to an industry or, you have been working on a solution within the industry, you need to have a strong understanding of the segment. With Doordash, they started with understanding the pulse of the customers operating within the industry. They started out on a small scale, and gradually began to grow. The reason being, as a small scale business, you would know the operational issues you might have to face, and while scaling, you would be able to mitigate the issues and be able to find the ideal solution.

When you work around small number of restaurants and begin managing a particular area, then you would be able to scale it better than working on a large number of restaurants all at once. The planning would be better with a small scale, and you would know just how to move ahead.

Be involved in the process

Doordash is a slightly differentiated on-demand delivery startup. It did not leave all the operations and process on the restaurant partner. It involved itself into the operations and kept an eye on how the on-demand segment can work best.

Right from delivering user-friendly menu solutions, to offering a range of delivery options, the company has essentially offered a good range of solutions to the users. They worked on improving the comfort offered to the users and enhancing their experience.

Keep updating the app

It is important to stay updated and keep updating the app for your users. Your users are looking for constant improvement in the offering, which can enhance their experience. As per the new niche needs, and the user’s expectations, try to introduce features that can ably improve your conversions.

Group ordering feature is new to the doordash app, and it keeps updating the app feature to keep up with the audience needs.

Apart from group ordering, there are other features too that the app seems to be integrating into the solution. 

Develop Alternative app of Doordash, How to Make an e scooter App Like Doordash, Doordash alternative app features to consider

Tips to Create an Outstanding On-demand Food Delivery App

If you are planning to enter the on-demand food delivery segment, then you should have a solid business plan, and the objectives defined for the solution.

Here, we will take you through the business app solution tips that will help you create a successful app solution.

• Research and study the market: If you plan on entering a new segment or creating a solution for an existing segment, then market research is important. It will help identify the needs of the market, know what holds maximum value to the customers, and will help you define the ideal solution. before setting forth with the solution, study the users, their experience with the existing app, feedback on what they would like to introduce in the app and other details
• Define the growth path for the app: When you are planning a solution, you should also plan for the growth of the app. It is important that you know how you want to scale the business, what are the profit margins you are looking for, how you want to approach the scaling and other details related to growth. When you are talking growth, you should also increase the valuation for the company. 
• Competition Analysis: It is important that you understand the competition, analyze how they function and know what you can do different before you begin operating in the industry. The gaps that exist in the competition’s app will help you define the solution for your business.

Summing Up

It is important to have a goal defined and the objectives decided for the app solution. when planning the app, along with the requirements, you should also choose a good partner who can support you with the technology needs. 

Coruscate has been helping businesses deliver the ideal on-demand app solution for the food delivery segment. We have been resolving great many queries with our expertise and experience. Having developed a few solutions in this industry, with an in-depth understanding of the market and the audience, we have gained experience in validating and ideating the solutions. 

If you have an on-demand app solution query, then connect with us with your idea.

Note: We do not make clones of any exact application, clone means to us is how better we can execute your app idea with existing app features and experience.

The post Doordash Recently Filed for IPO, Confidentially. 3 Lessons on On-demand Delivery App Solutions You Can Learn from Doordash + How to Make an App Like Doordash + Create an App like Doordash + Apps Like Doordash + Develop Alternative of Doordash appeared first on Coruscate Solutions.

Some Facts About the Company

• The company was created with a difference in food delivery service. While most food delivery services targeted anyone with the interest of availing them HungryPanda was targeting a specific community.
• The platform has customized the platform for the Chinese language users alone. They were targeting people and business communities interested in ordering Chinese food and groceries and who belonged to the community.
• Along with the first generation locals, they have also targeted the second generation migrants and other Chinese speaking people.
• With this niche, they have managed to target a good amount of people, and have widened their reach as desired.
• They have also implemented in-app payment methods such as Alipay and WeChat pay.
• They have profitable ventures in UK and New York City, and are all set to expand their reach and network.

In the era dominated by on-demand economy, it has become important for your business to carve the niche that HungryPanda has defined for itself.

The online food delivery market will be a $200Bn segment by 2025.

Revenue in the Online Food Delivery segment amounts to US$122,739m in 2020.

Since 2014, digital ordering has grown by 300%. In a span of seven years from 2011, the total percentage of online orders has tripled, from 22% to 68%.

These statistics and the food companies fighting in this niche prove that it is going to be difficult and will require hard work to carve a niche and differentiate yourself.

When you think of on-demand food delivery services, you need to think through the features that will spice them up and make them tasty enough for the customers to choose.

Unique Features to Spice Up your App

#1 Scheduling the Order

Creating your cart, filling it with the right dishes and then ordering those dishes should be convenient. You should not make your users go through a massive learning to place their order.

Intuitive designs can help create the carts with ease, and allow the users to order their food fast.

So, keep the menu easy to access, add a little drop-down that can take the users to the part of the menu they are interested in, and making adding the items easy. In some cases, you can even recommend food that accompany with the user’s order so that they can add the item fast, and need not think extensively on what to order.

You can even offer customizations to the order to improve their experience. If you want, add some “no charge cancellation” to the menu, making it an experiential conversion for them.

#2 Alerts and Notifications

Every single moment from the order to the acceptance to the payments made should be sent via alerts in real-time. this will increase the engagement of the user with your app, and increase their time spent.

You can even tell the user if the delivery executive has picked up the order or have they reached the place. This kind of real-time updates will help the user keep track of their order.

Apart from the order related messages, you can send alerts related to the latest happening in your app, which includes seasonal discounts, changes in the interface and other relevant updates. The more you inform the user, the more engagement you will experience.

#3 Real-time Tracking

Once the food is picked up from the restaurant, the user should be able to track the movement of the delivery executive. This will help them know when to expect the delivery executive at their gate. You can also include the movement of the delivery executive to the restaurant in the GPS tracking system. This option allows the user to track the process, and know every detail in real-time. in case the user is out, they will know exactly how soon they have to reach home to be able to receive the order. It saves a lot of their time.

#4 In-app Payments

The user should be able to pay for the food during the order placement via the app. This increases the convenience, and they don’t need to keep tab of the payment when they receive the order. Most of you wont have the required cash but, you might be able to pay via your cards or wallet. That’s why in-app payment is an important and necessary feature to add to your on demand food delivery app.

#5 Reviews and Ratings

Why is this part of the must-have feature list? For one, you may be able to help another person know whether the app is worth investing in, and whether the restaurant food is good or not. Apart from this, you will also know how good the delivery executive is in the job. The delivery executives are also paid incentives for the reviews and ratings they receive.

This is an important feature as it helps improve the app and its features.

Why Collaborate with Coruscate?

If you are planning on a food delivery app development, then it is time for you to collaborate with Coruscate to achieve the right approach and profitable app solution.

• We have a defined process, which sets us apart. We don’t just grab an app solution that matches your needs. we conduct a thorough research, identify your needs, understand the current situation of your business, analyse the market, define the budget and finally derive the app solution that matches your requirement.
• Our team is not just passionate about app development, but has the desired experience and expertise. We have people who have knowledge, and keep themselves abreast with latest trends, updates and other aspects. We continuously strive to bring to you the best solutions with our capabilities and utilizing the endless opportunities that come our way.
• With our experience, we can call ourselves the food delivery app industry experts. We understand the business, and how it functions like no-one else. We have identified the opportunities and also defined the ways in which you can improve your revenue in this segment. As a result, collaborating with us will help you get the desired ROI and results.
• We don’t just deliver an app solution based on our understanding of your needs. we set your business from the scratch and help you manage the market for food delivery app solutions. We even help you get access to investors and move your way up with funding. We identify the right growth hacks for you.

Get ready to move up the ladder with your on-demand food delivery app the Coruscate way.

The post HungryPanda, On demand Food Delivery App, Raised $20Mn in Funding. Here’s What You Can Learn from Them to Develop your Food Delivery App appeared first on Coruscate Solutions.

The findings of the research are very much exciting as the researchers had employed both qualitative and quantitative methods to measure customer response. The research could make out retailer opportunities to maximize differentiation and success. And they could successfully make out that having a food delivery app for your food retail business can be a big boost for sales and customer engagement.

Flipkart enters food retail business

 
According to a recent report in TechCrunch, after Amazon, now India’s Flipkart is ready to enter the food retail business as the e-commerce giant is expanding its reach in the country. The company had already sold the majority of its stake to Walmart for $16 billion. They have registered their Flipkart Farmeermart Pvt Ltd to focus on food retail which is in compliance with the local laws as claimed by the CEO, Kalyan Krishnamurthy.

The CEO also stated that the extended business signifies the company’s efforts to boost Indian agriculture as well as the food processing industry. Flipkart is working with numerous small farmers for the business. The company has also revealed being authorized to invest $258 million in the new venture during a regulatory filing. Flipkart has already secured approvals from the board to enter the food retail business.

The company aims to invest more strongly in the Indian agri-ecosystem, and supply chain. They dream of working with lakhs of farmers, Farmer Producers Organisations (FPOs), food processing industry in India. They want to support growing farmers’ income and deliver affordable, quality food for millions of consumers all over the country.

Amazon has already taken steps forward and is currently expanding its food retail business in the country and across the globe. They are committed to investing more than $500 million in the time span of the next five years. They also aim to build their own private label food products and employ third-party sellers. Amazon has started various services like Amazon Now, Prime Now and Amazon Fresh in recent years.

Why should you build a food delivery app for your food retail business?

 
In terms of e-commerce business, food, and grocery delivery are compelling categories as people purchase their grocery and perishable supplies much more often than they buy office equipment and gadgets. This provides a greater opportunity for the food retail business to thrive and sustain and make huge profits.

According to emarketer.com, the US grocery eCommerce particularly online food and beverage sales are expected to grow at 18.2% to $19.89 billion in 2019. Also, the food retail market will rank as the fastest-growing product category online. It is anticipated that the grocery eCommerce category will grow at above-average rates for the next few years. Furthermore, it will continue to be one of the least perceived eCommerce categories for the future.

What are the crucial points that a food retail business must consider while building an app?

 
The shoppers are more tech-savvy these days than ever before. They are well-versed in using technology for savings and convenience. The use of grocery apps is done more frequently according to data collected during a study. However, food retail businesses should be more concerned about the use of customer data and transparency about it.

The more your customers feel in control of their data, the more they are reasonable to share their information and engage freely. Digital trust-building through your apps is much critical as it will play an important role when the customers choose your app over others.

What are the features that you should provide in your food retail business app or food/grocery delivery app?

 
List of features that your food delivery app should have:

➽ Sign In & Sign Up: The registration and sign in is the first screen where the customer begins the app. You can provide social media integration to make the whole process easier.

➽ Profile Management: Provide your users with the option to create and update their profiles including contact details, payment methods, etc.

➽ Product Browsing & Listings: The grocery app should have several products to list for the buyers to pick from.

➽ Search & Filter: Provide the customers an option to search or filter out something that they wish to buy.

➽ Add to Cart and Check-Out: Allow your customers to add the items and checkout in a hassle-free manner.

➽ Multiple Payment Options: The payment gateway integration should enable customers to pay using multiple payment methods making the process comfortable.

➽ Delivery Tracking: You can provide the option of real-time tracking of the order for your customers.
➽ Time Slot Selection for Delivery: Give your customers the freedom to choose a time-slot as per their convenience.

➽ Ratings & Review: Your customers should be permitted to rate their experience.

Push Notifications: Push notifications can be used to keep your users updated regarding the ongoing offers and discounts.

Why are we reliable for your food/grocery delivery app development?

 
We provide various white label solutions for your on-demand grocery delivery apps for the food retail business. Our solutions are completely customizable as per your business needs and are designed to save your time and money.

Along with the white label solutions, we also provide end-to-end support for your grocery delivery app development. Our research team can help you with the market analysis and current app trends to select the necessary features for your app. Our expert team of developers can assist you with the selection of technology stack and help you right from the app design to deployment and maintenance.

Connect with us to know more about the grocery app development or ask for a free demo!

FAQs:

How Much Does Grocery App Development Costs?

 
Our white label solutions for Grocery app development are available at $10000. However, arriving at an exact cost for building an app from scratch requires analyzing your business requirements and expectations from the project. Get in touch with us to figure out the exact cost of grocery app development.

What is driving growth in online grocery delivery business?

 
The hope for leisure, changing customer tastes and choices and price/quality reflections have all reinforced the demand for online grocery. Also, speedy developments in the speed and availability of same-day delivery have elevated the customer experience.

What are the operational difficulties in online grocery satisfaction?

 
Logistics and supply chain constituents continue to be vital obstacles in producing successful grocery eCommerce business, but better availability of online services for grocery shopping and delivery infrastructure has made grocery eCommerce a viable alternative for more US consumers.

To find more regarding the grocery app development, schedule a free consultation session with us.

The post Flipkart enters Food retail business in India opening gates for many entrepreneurs across the world appeared first on Coruscate Solutions.

FoodPanda Clone Script – How can you grow your restaurant venture online?

Most people think about building a website or app to take their business online. Though building a food delivery app is easier when you opt for solutions like the FoodPanda clone script. But having a clone script is never good enough. While putting up your app in the App Store you need to follow certain guidelines. The app built using a FoodPanda Clone Script even though simple does not follow the guidelines of the App Store and has chances of getting automatically deleted. The clone script app might not impress your target audience as they do not get anything new and interesting.

Getting your food delivery app built via a customizable white-label food delivery app solution can be a good choice as you can get the features that your business provides to your customers and the choice of services you need to put in for the buyers right in your app. You can get a fully functional product that can actually save your time and money and gain you huge profits instead.

Develop Alternative app of FoodPanda, How to Make an App Like FoodPanda, FoodPanda alternative app features to consider

Features we provide with our FoodPanda Clone app:

Why should you consider the features of the FoodPanda app while building your own Food delivery app?

FoodPanda is an online food delivery service which became a huge brand all over the world. The app basically focused on people’s need for food delivery with its appetizing looks of dishes. The online food delivery apps not only feed everyone but also generate huge profits for themselves by putting themselves nearer to the target audience right on smartphones and tablets. The local food delivery startups are also gaining access to this popularity as the world goes digital. We, at Coruscate, can help you to create an app like FoodPanda and become a leader in the industry.

FoodPanda is active in more than 12 countries and various cities in the world. Their services allow their users to select food from local restaurants and place orders through mobile apps. The company has more than 27000 restaurant choices available in more than 193 cities. They also have around 15700 delivery drivers working with them. The app has gained popularity over the years in various places due to its seamless service.

How does this FoodPanda clone app work?

Putting food delivery requests is manageable and comfortable to be made with an online Foodpanda-like solution. The customers need not limit themselves for the food orders as the FoodPanda clone app enables the customers to access multiple restaurants at a time and with a single checkout process. Customers can order a lot of cuisines from hundreds of restaurant choices made available to them right on their mobile screen. Also, the payment is made simpler with a trusted and secure billing payment process.

The functioning of the app is described below:

• Search for a restaurant.
• Browse its menu items
• Select the item of your choice and add it to the basket.
• Proceed to checkout.
• Select the Payment method – either credit card debit card or any mobile wallet that you have added to the app
• You can even add the discount
• Obtain an order confirmation via SMS and mail
• The food order is delivered at your doorstep.
• Enjoy your food

The strategy of FoodPanda to become successful in food delivery business :

People are interested to create a successful food delivery app like FoodPanda Clone app. But have you ever thought of why the company is so successful everywhere? How are they able to attract the audience and keep them loyal?

Well, the most important thing that contributed to the international success of FoodPanda is their app with user-friendly, high quality, and effective interface. With each passing year, the company has managed to enhance its app features to boost the number of customers.

The company enables its customers to put orders through Foodpanda with a step by step pattern:

• Collect postal information about the customer.
• Filter the information based on nearby restaurants.
• Check if any bonus deal is available
• Menu display along with the sub-categories of food.
• Confirmation message when the order is placed.
• Estimated arrival time display.
• Notifications about the order.

Foodpanda communicates the details of the order to the assigned restaurant and also provides the contact information of the customer in case if there are further problems in delivering the food.

The success also depends on the fleet of delivery person that the company has hired to fulfill the pick and drop for each order successfully.

The app has received an enormous amount of funding recently from investors like Goldman Sachs and Rocket Internet. This investment has made it possible for the company to have an upper hand over competitors like Zomato, UberEats, etc. FoodPanda is taking a leap over other competitors such as Tinyowl and Freshmenu if we check out the financial support, revenue, number of acquisitions and social media followers.

The key elements for the success of your food delivery app:

» Partner restaurants: Even though the eateries are not too famous, they can always provide delicious options that are pocket-friendly for your customers. The main component of your success is to deliver tasty and fresh food from good restaurants. The choice of restaurants for users can be helpful to earn more revenue.

» Delivery Persons: Even if the food is delicious, that won’t reach the customers on time without efficient delivery personnel. And what is the use of delivering food after the mood of your customer goes off? Opting for fast delivery options can make your app the first choice of users when it comes to the food delivery business.

App Modules that our FoodPanda Clone app have:

The mobile app must function on the 3 levels perfectly:

• Customer app – Having a broad range of services right from placing an order to the food delivery and the extensive assortment of dishes, cuisines, and restaurants.
• Delivery person app – Easy to sign up for the service and getting an opportunity to earn a little extra. Enable to pick up available hours of work and the most suitable orders to work with.
• Administrative app – For ease of managing orders and restaurants. Enable the simplicity to accept or decline orders, renew the data on their current menus and prices.

Coruscate’s White label Food Delivery app Solution – ‘Vahak’

We have designed a white label solution named Vahak with the latest technologies and infrastructure. It is a 100% customizable solution and can be tailored according to your business needs. With this solution, we can develop the on-demand food delivery app for you in 45-55 business days costing around $10000 depending on the features of the app. If you are interested to know more about Vahak, or the business model for your food delivery startup, do not hesitate to connect with us. We are always happy to help.

Note: We do not make clones of any exact application, clone means to us is how better we can execute your app idea with existing app features and experience.

The post FoodPanda Clone App/FoodPanda Clone Script : to take your food delivery business online + How to Make an App Like FoodPanda + Create an App like FoodPanda + Apps Like FoodPanda + Develop Alternative of FoodPanda appeared first on Coruscate Solutions.

But at the same time, the mobile industry has seen new businesses come in to try their luck and leave empty handed as they fail miserably. The sad truth is that this scenario is quite common and occurs frequently. An enormous difficulty for any app based start-up is to search for the constant and comfortable focus among the various highs and low. They all want to find things that they need to avoid after app launch.

When they start, they experience great happiness as they witness hundreds of installs instantly. They think that they have exercised all the factors that make apps successful. But right when they start to feel relaxed, they are hit with a tragedy that those were the only installs that they had and there are no more happening anymore.

Building up a business takes time. But you should make sure that your startup doesn’t end up with the same fate. You need to know the challenges that you can expect to face after you launch your app. If you are aware of the challenges, it becomes easier to design the strategies that can help you to tackle problems after your app is launched.

This blog is to make you aware of the challenges that you can face as a start-up after your app is launched.

Here are some challenges that can help you to plan your post-launch strategies:

Setting Yourself in a Crowded Market

It does not matter how absolutely wondrous your app idea is. But there is a very tiniest possibility that the app idea you have is actually the one that the world has not seen before. And if in case your idea is the one which the market has never seen, you can only expect it to become common within a matter of time.

And for a startup that has low resources, it is always a better idea to avoid such things while they are still establishing themselves in a highly competitive market. The most frightening part of it all is that the chance of an inexperienced person getting lost in the crowd is still common even if follow the unwritten app ideation declaration that the app should be developed only after understanding the user’s needs, the specific buyer character, and other such factors.

Getting a Team Together

It happens most of the times that the team you are associated with in order to develop your mobile app gets left behind once your project is complete. So, you need to create a team that you have left behind. You need to employ the right people with essential experience so that your mobile app keeps growing. It may happen that you need to give out more funds in order to employ those right people and if you don’t have them, you might end up being without a team. So, make sure this is given a proper thought for your post app launch.

Scalability

Well, scalability is never to be considered or confused with growth. Many startups fail to understand this concept and believe that scalability, like growth, is growing the business, observing a time when the revenue inflows are on an all-time high and other such ideas.

In reality, there is a very thin but striking line of differentiation between scalability and growth. In case of growth, you know you have to acquire expenses in order to reach the next level. But scalability means that you will have to work on growing your business while the charges are kept very low and consistent. You need to consider that if scale your business too soon or too late, there will be losses and if you scale at the right time but in the wrong area, you will face failure.

Marketing

While thinking about marketing the app, there are a lot of things you have to decide from the right platform or the cost-effective platform, less expense or a wider reach and the list of your conflicts goes on. However, to successfully market an app, you need to make a proper strategy as there are a number of brilliant app ideas like yours in the market and they will keep growing each day. In fact, the more the platforms coming up to reveal your brand to the world, the greater are your chances to get sidelined.

Fundings, Frequent market changes, and Constant updates

Money is never eternal, you are going to run out of the money one day. In fact, more than half of your money will be drained out looking for the best marketing strategies only. So, you need to make a backup plan and find investors in order to keep your app going.

The technical trends in the market keep changing frequently. Every time you feel that you are offering something unique, the next moment, it becomes common. You need to race to be in the competition with the latest technological trends.

Launching an app is not difficult. Providing the updates for the launched one is harder. There is always something that needs to be added or removed to improve your app. And you need to associate yourself with an expert who can help you in this never-ending process.

Maintaining your app is not possible without having a proper team and without maintenance the app is short-lived. Thus you have to look for a strategy that will help you with the app maintenance and updates.

How can we help you to overcome these challenges:

There are four types of apps that are the main focus of each start-up these days.

• E-scooter app development
• Taxi app development
• On-demand app development
• FinTech app development

 
All the above four categories are known for the generation of huge revenues for the entrepreneurs. However, now that you are aware of the challenges faced after the app launch, you might be interested to know how Coruscate can help you out to devise some excellent strategies to be prepared for such challenges.

The app development carried out at Coruscate is future-packed and scalable. We give you the options to choose from and decide the business model that best suits you to build the apps. We also provide the solution to all your technical problems right from the consultation to the app launch and maintenance too. So, the major challenges from getting a team to maintaining your app are all taken care of by us.

The e-scooter apps, taxi booking apps, Fintech apps and other On-demand apps that we have designed are customizable and powered with the latest IoT technology. These apps are designed keeping in mind the App Store and Play Store guidelines.

We believe scripts are never going to work. Because while developing a new app you need a fresh idea in order to survive in the throat-cutting competition.

When you come to us with a business idea, we provide you with the best possible advice and a unique solution to meet your business demands by overcoming most of the post-launch challenges providing your business the wings to fly in a carefree manner.

The post Challenges that help to devise post-launch strategies for different mobile apps appeared first on Coruscate Solutions.

Top on-demand food delivery app development companies are developing next-gen food delivery apps which are justifying core purposes in the most possible ways. It avails people to get rid off all annoying problems they face while ordering food on the telephone. Moreover, it upsurges employment opportunities by letting anyone be a delivery partner.

However, not all on-demand food delivery apps are earning well. Many internal and external factors are causing established food delivery apps to suspend their services. A well established on-demand food delivery service provider company named Foodpanda which is letting people order food from its own chain of restaurants recently suspended its services in India. According to a company spokesperson, they will relaunch the service after redefining the business model and expanding their facilities and kitchens.

In this blog, we will study the reasons behind its failure and what you can learn from the failure of Foodpanda for your on-demand food delivery business. But first, let’s first know about the Foodpanda and its journey particularly in India where Foodpanda struggled the most. 

Insight into Foodpanda

Foodpanda is Germany-based on-demand food delivery app. In 2012, it was founded by Ralf Wenzel with his three business partners. After two years of its initial launch, Foodpanda started dominating the markets of other countries. In February 2014, Foodpanda has acquired a Pakistan-based on-demand food delivery service provider company named Eat Oye, which was a major rival of Foodpanda.

Till 2016, Foodpanda made its services accessible in all major countries of the Asia and middle east. But with the advent of other on-demand food delivery apps which had a more profitable business model and industry-defined business strategies, Foodpanda couldn’t sustain its growth. In December 2016, Foodpanda was acquired by a German competitor Delivery Hero. After one year, Foodpanda’s business of India was acquired by Ola which is India-based ride-hailing giant.

► Ola’s journey with the Foodpanda

When Ola acquired Foodpanda, they decided to run the business of Foodpanda with their own chain of restaurants. Currently, Ola has 50 restaurants and four private labels. These are Flrt, The Khichdi Experiment, Lovemade, and Grandma’s kitchen. During the initial days, Foodpanda was aggressively giving a heavy discount to the users and processing 3 million orders in a month. But later in 2018, they revised its strategy as other on-demand food delivery service provider companies like Zomato and Swiggy took the Indian market by storm. Against the services and business model of Zomato and Swiggy, Foodpanda became clumsy. At last, on the morning of the 22nd May 2019, they dropped their delivery services and laid off several employees.

► Why Foodpanda failed?

There was the time when Foodpanda was processing 3 million orders per month, then what went wrong for the Foodpanda that they suspended its services? Let’s find out.

» A poorly crafted business model

Unlike crowd-puller food delivery service provider companies Zomato and Swiggy which are working with thousands of restaurants to offer the food of all cuisines, Foodpanda decided to create their own network of the restaurants. With this decision, they remained limited to only 50 restaurants. They failed to provide diverse food experience to the users and so, users dodged Foodpanda as soon as they get other food delivery services which are allowing them to try different cuisines.

» Paid no heed to the local needs

In order to be successful in on-demand food delivery business, study the locality well. Foodpanda didn’t bother to find the food choices of the different localities. They continued promoting their wrong cuisines at the wrong locations. A Singapore based food delivery service provider company named Grain becomes one of the top on-demand food delivery service provider companies by offering different local foods to different localities.

» Bad user experience

Even though top on-demand food delivery app development companies like Coruscate Solutions are able to bring a personalized menu feature in the app, Foodpanda app wasn’t equipped with such kind of user-friendly features. On-demand app delivery app Grain which we have just discussed is armed with a personalized menu feature which suggests the food to the users based on their previous orders and other data of them.

» Grotty back-end

Many users have claimed that their orders have been accepted even though the restaurants are closed. Not only users but many restaurant owners have also claimed that many times they were not notified for the orders. These blunders are the result of the grotty back-end of the Foodpanda ordering system.

We at the Coruscate not only develop an error-free app but helps you to define the business model too.
 

Which are the technologies top on-demand food delivery app development companies use to develop food delivery app?

 
To make it simple, let’s divide the core functions of the food delivery app into three parts – information sharing, payment processing, and tracking.

• Talking about the information sharing, then it is the core function of the food delivery app as it shows the information about the meal to the users. We usually call it menu. The data of the menu is not stored in the app itself, but it is stored on a database server. To collect and display the data to the users, developers have to write business logic and to use different APIs.
• Another must-have functionality of on-demand food delivery app is payment processing. This is one of the major requirements of the food delivery app which demands the highest ever accuracy. To make it error free, all top food delivery app development companies are integrating a good payment gateway and payment processor in the app. But choosing a suitable payment gateway according to the app requirements is not a cakewalk. There are lots of best practices an app development company has to perform to get the perfect payment gateway. If developers of the food delivery app development company are not intelligent enough, unlike developers of the Coruscate Solutions, they will end up integrating inappropriate payment gateway in the food delivery app.
• All the top food delivery apps are equipped with live tracking to deliver a best-in-class user experience to the users. Developers use Google map API to enable live tracking feature in the food delivery app.
• Talking about admin features, business intelligence plays a big role. BI enabled admin panel gives the predictive views of business operations. BI includes features like reporting, online analytical processing, analytics, and process mining. BI features help app owner to identify, develop and create new business opportunities with the help of structured and unstructured data. Coruscate Solutions is one of the on-demand food delivery app development companies which has earned expertise in integrating features of the business intelligence in the admin panel.

So if you are also planning to start your own food delivery business and looking for food delivery app development? Just have a look at our Food delivery app demo here.

The post Learning From the Failure of On-Demand Food Delivery App Foodpanda, Which Actually Helps You to Grow Through Business appeared first on Coruscate Solutions.