According to CB Insights, the startup attained the unicorn status last year, has raised about $720 million in venture capital and debt financing to date. In the last week, BigBasket has partnered with Uber and other two-wheeler mobility firm Rapido for delivering groceries.

BigBasket recorded 150,000 daily orders in just the last year. Now the number has surged by up to five times in recent times. Another SoftBank backed grocery startup Grofers has delivered orders to 1 million homes in the last three weeks.

Why the demand for grocery apps is increasing these days?

• According to Statista, the number of adult online grocery shoppers in the USA will be increased to 30.4M in 2022 from 12M in 2017. 
• 63% of smartphone users prefer to buy items from apps or sites.
• Most importantly after the coronavirus outbreak grocery apps like Instacart, Walmart Grocery, Shipt and others including Instashop usually have 20,000+ per day downloads, seen a record-breaking increase of download rate by 218%, 160%, and 124% respectively every day.

Certainly, it is high time to enter the market with the custom grocery mobile app to capture the substantial segment of the market. But for that, it is very crucial to provide much-needed convenience of shopping more than basic essentials.

Essential features for on-demand grocery app:

User panel:

• Secure registration with social media account
• Location information through an in-app map
• Address and contact information
• Product categories
• Order details
• Price calculation
• Multiple payment gateways
• Order and payment history
• In-app message
• Push notification
• Feedback and support

Vendor panel:

• Registration and login
• Accept/Confirm orders
• Manage the availability of products
• Order details
• Accept payment
• Push notification 
• In-app call/message 
• Feedback and support

Delivery panel:

• Registration and login
• Accept/Reject delivery requests
• In-app map
• User and vendor details
• Delivery history
• Accept payment 
• Push notification
• In-app call/message 

Admin panel:

• Login
• View/edit/delete vendor
• View/edit/delete user
• View/edit/delete delivery partner
• View and manage orders
• Access Compeled/ongoing/pending deliveries
• Access completed/failed/pending payments
• Reports and statistics
• In-app message/call

Unique features to have in your app:

• Rich UI/UX:

UI/UX designs are the soul of an app. Have the most simple and easy to navigate User Interface (UI) as it boosts User Experience.

• Powerful backend:

Strong backend admin panel makes the app work in-sync and has the entire control over stock management and functionality of the app.

• Categorization of products:

Build a high-ordered application and categorize the products into various fields to ensure a smooth shopping experience.

• The flexibility of delivery timings:

Allow customers to place their orders with suitable dates and time-slots.

• Voice search option:

With advanced AI technology you can provide such advanced features to beat the competition and ensure more convenience for users. 

• Multi-lingual support:

To target the local market more effectively.

• Offers and rewards:

You can launch redeemable reward points on shopping or referral.

Strategies that can be adopted to give an initial push to your startup:

• Offering contact-less deliveries
• Joining hands with local businesses
• Expand customer loyalty
• Offer multi-delivery options such as grocery/medications/dairy products
• Hire experienced app development company to design app on a real-time basis

Here are the few points you need to consider before hiring the app developers:

• Decide the business model and a type of grocery app you want for your business e.g. Aggregator App/Marketplace App/Single Stores App/Grocery Chains App/Personalized Grocery Apps.
• Define your target audience and design app accordingly
• Integrate basic and advanced features to enhance the user experience
• Decide app monetization strategy 
• Estimate the budget for your app development accordingly

Cost to build a grocery app like BigBasket?

The cost of any app depends on what features and technologies you integrate to develop an app, quality of the mobile app, complexity of the idea, time for development, whether you want a native/hybrid/cross-platform application, charges of the app development team, etc. If we consider the basic features of an app and average charges of development then the app may cost somewhere between $10000 to $30000. 

How Coruscate can help you to develop on demand grocery app?

Coruscate has expertise in mobile app development for businesses of various industries. Coruscate assure you to deliver an excellent online grocery app on-time that will surely meet the needs of your business and its customers. Contact us now to get a personalized quote and app demo for your idea of an online grocery business.

The post On-demand grocery delivery startup BigBasket raises funding of $60M during amid coronavirus outbreak, how to build on-demand grocery app like BigBasket appeared first on Coruscate Solutions.

And all the aspirational entrepreneurs are interested to know about the business model of the Grocery delivery app which we will be analyzing today.

Online grocery shopping is becoming popular with consumers swiftly. According to a Nielson study, people residing in developed countries like the US, the UK, Japan, France, etc., are shopping online. And more than one-fourth of those shoppers are already shopping groceries on the internet and 55% are prepared to do it in the near future.

To provide for this expanding client base, online grocers are also growing at the rate of 3 times year-after-year. The entire sector is advancing at an extraordinary annual rate of 13%.

The statistics unmistakably seem encouraging for new professionals. But certain challenges arise due to the perishable nature of grocery products. This makes operating online grocery stores more challenging than managing e-commerce shops for clothes, electronics, home décor, and various other products. 

How Does It Work? Here is a Business Model of an On-demand grocery delivery app.

 
The basics are – an on-demand grocery delivery store in order to sell groceries and deliver them to the customer’s doorsteps. 

The crucial features of an on-demand grocery delivery store are:

 
a) Tie-ups with regional grocery producers or whole sellers if you are not any of them yourself
b) Establishing a sturdy delivery system to make sure orders lead customers in a timely practice.
 

How on demand grocery delivery business can help you earn money?

 
Customarily, a percentage is cut by market keepers on all orders, before giving out the payments to the grocery merchant. If you are the seller, then you can earn by service charges for delivery & service.

Secondary Income Means

• On-site promotion for merchants.
• Hosting banners commercials.
• Blogging and publishing sponsored content.
• Selling useful commodities such as jars and reusable carry bags to help you in branding.
• Selling the user data to market research organizations.

The factors that define which revenue model & streams that will bring you maximum benefit depend on:

• Target market
• Business size
• Budget, age, and reputation of the business
• Scope of the grocery delivery app

According to an article CNBC, online grocery sales are set to increase and assumed to seize 20% of the market by the year 2025. Another statistic report implies that the usage of a grocery app would increase by 50% in 2018.

At this hour, you need to strategically change your sales tactics in order to reach out to the more and more potential audience.

Here are a few key players who have made it big in the on-demand grocery delivery industry:

These companies have already made their mark in on-demand grocery delivery app businesses. It is best for you to follow the technological route to deliver best-in-class services in order to conquer the race of grocery delivery app. 

Recent fundings and expansions that happened in the Grocery Delivery Industry

 
According to a report in Grocery Dive, the online grocery market expected to reach $26.9B by 2025.
The growth is attached to the technological progress, service extension and other innovations along with growing customer recognition. 

Here are the expansions and fundings that have occurred in the grocery delivery market in recent past :

 
» The supermarket chain, Lidl grew 7.4 % in 2018 and has announced the opening of 40 new stores across the world in June 2019. It also planned to invest £500 million in order to ramp up its presence in London. It will experience the rise in its footfall and would add 1,500 jobs. It would also introduce a full-size store on Tottenham Court Road in the city center.

» Amazon and Morrisons have introduced the same day grocery delivery to many of the UK cities including Glasgow, Newcastle, Liverpool, Sheffield and Portsmouth over 2019.

» The grocery delivery service in Korea called Kurly has raised around a total of $113 Million after its Series D funding round.

» More recently, Grofers has raised $220 million from SoftBank Vision Fund and its other investors. It has marked India’s biggest fundraising for the online grocery delivery industry.
 

Features to include or you should consider while developing Grocery Delivery app:

 
Like every other on-demand app, the grocery delivery app also has 3 modules-
User, Admin and Delivery person modules: 

Let’s discuss in detail the features we can include in the client side of the application.

 
► User Module:

» Registration

The first important part is the registration page where the user would register his account by his email id or phone number.

Once the account gets registered, he must proceed to create a personal user profile including the details like residential address, age, etc.

» Search Products

Allowing the customer to search for a particular product and also helping him to browse through the different category of items is another important feature to include in your grocery delivery app.

» Add to Cart

The Add to Cart option allows a customer to add a product of his choice that he can buy later.

» Managing the Items in the cart

The customers are allowed to review and manage the items before making the payment.

» Payment Gateway integration

Payment gateway integration becomes an essential part for most of the on-demand apps including grocery in order to allow the customers to pay efficiently using the different options according to his convenience.

» Scheduling the Delivery and Tracking Order

The convenient scheduling of the delivery and tracking the status of the order and know when it’s going to be delivered.

» Push Notifications

You can transmit notifications about best offers and discounts, attractive coupons, etc. to your loyal customers using push notifications.

» Reviews and Ratings

Enable the customers to send their feedback about their experiences about using the app.

In order to improve the experience, look to implement the chatbot, which is a virtual assistant, answering questions in real-time for customer support.

►Delivery person module:

The delivery person module features include:

• Delivery requests- either accept or reject.
• Push notification
• Map Integration
• Turn-by-turn navigation
• Availability setting
• Delivery time slots

The last but not the least, the admin module includes the management of Users, products, drivers,orders and also resetting passwords.

Technology Stack used for a properly exhibited On-Demand Grocery App:

The technology stack used to create an on-demand grocery app varies from business to business. It depends on the skill-set and the budget that the entrepreneurs have fixed in name of the cost of mobile app development.

The technologies used at Coruscate are:

Cost of Grocery app development with Coruscate:

 
The accurate answer to grocery app development costs is a number that can be estimated only after examining your business requirements and demands from the project.

But if you consider the basic features and the tech stack that we have explained, the app will cost you around $10000 to $15000. The time required to complete the grocery delivery app will be around 45-55 days.

However, the number can positively change depending on how your demand changes.

Now, that you are aware of the business modules, scope and recent developments in the grocery app industry, all that you need to get started with your on-demand grocery delivery business is to get going with the grocery delivery app development process.

Get in touch with us to know how you can earn profits with the grocery app and ask for a free demo.

The post What is on-demand grocery delivery app development cost? Complete guide and Business models appeared first on Coruscate Solutions.