How does swiggy makes money
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Swiggy makes money by taking a commission percentage, usually around 20%, from each order placed through its app from partner restaurants. It also used to charge delivery fees for orders under $200 but has recently waived those fees. Swiggy's reliable and fast delivery times, averaging 37 minutes, help differentiate it from competitors and drive customer satisfaction and repeat business.
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Zomato case study v1.0 20 7-2015
Zomato is an Indian startup that operates a global restaurant discovery platform. It began in 2008 in New Delhi, India as a website collecting restaurant menus. It has since expanded to over 21 countries. Zomato provides comprehensive menus, reviews and contact details for over 384,000 restaurants worldwide. For its expansion to London in 2013, Zomato worked with London & Partners to find office space, recruit staff, and gain market intelligence. With their help, Zomato launched its London operations within 3 months and had over 16,000 restaurants listed within 6 months. Zomato's successful global expansion strategy has been driven by its focus on building a strong content platform and social media presence.
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Swiggy is an online food delivery platform headquartered in Bangalore, India. It was founded in 2014 and connects customers to restaurants through its platform and fleet of delivery personnel. Swiggy generates revenue through commissions from partner restaurants and delivery charges paid by customers. It competes with companies like Zomato, Foodpanda, UberEats and Innerchef. Swiggy aims to provide faster and more reliable delivery compared to competitors through its trained workforce and no minimum order policies.
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How swiggy works ppt
Swiggy is an Indian food delivery startup based in Bangalore. It was founded in 2014 by Nandan Reddy, Rahul Jaimini, and Sriharsha Majety. The platform connects customers to restaurants and allows them to order food for delivery or takeaway online or through a mobile app. When a customer places an order, Swiggy's algorithm assigns a delivery executive and calculates the best route based on real-time factors like traffic and restaurant wait times. The food is then delivered to the customer, with Swiggy charging a delivery fee on some orders. The company aims to become the leading food delivery marketplace in India by expanding its service and increasing its market share and brand awareness.
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reasons behind their success:first mover advantage means when zomato entering to market there is no app which works like zomato soo they thought that they gained the advantage of first mover
strong content platform:zomato maintaining strong data base of various restaurants they listed 100000+restaurants and they are keep updating for every three months
efficient employees:for any company employees are important like they r key holders zomato took some measures while they employing them mainly look for attitude,ethics,discipline,skill
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financial strategy: their main source of funding is from info edge and their main source of revenues from adds which appear on zomato site
marketing strategy:they only depend on word of mouth publicity rather than other medium they also use seo,sem
growth strategy:zomato though that delhi is not only market so after success of zomato they spread over india
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Swiggy is an online food delivery platform headquartered in Bangalore, India. It was founded in 2014 and connects customers to restaurants through its platform and fleet of delivery personnel. Swiggy generates revenue through commissions from partner restaurants and delivery charges paid by customers. It competes with companies like Zomato, Foodpanda, UberEats and Innerchef. Swiggy aims to provide faster and more reliable delivery compared to competitors through its trained workforce and no minimum order policies.
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Swiggy is an Indian food delivery startup founded in 2014. It began with 25 restaurants and 6 delivery executives in Bangalore and has since expanded to over 35,000 restaurants and 6,000 delivery executives across 8 major Indian cities. Swiggy's business model connects customers to restaurants through its mobile app and website, providing delivery services. It has raised over $465 million in funding from investors. Swiggy competes with other food delivery apps like Zomato and Foodpanda and differentiates itself through its own fleet of delivery personnel and lack of minimum order policies.
How swiggy works ppt
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strong content platform:zomato maintaining strong data base of various restaurants they listed 100000+restaurants and they are keep updating for every three months
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good rating mechanism:zomato rate restaurants based on customer/user reviews
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financial strategy: their main source of funding is from info edge and their main source of revenues from adds which appear on zomato site
marketing strategy:they only depend on word of mouth publicity rather than other medium they also use seo,sem
growth strategy:zomato though that delhi is not only market so after success of zomato they spread over india
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Zomato is an Indian restaurant discovery and food delivery startup founded in 2008. It operates a mobile app that provides information about restaurants such as menus, photos and locations to help users discover new places to eat. Zomato aims to ensure no one has a bad meal by building experiences around dining and enabling restaurants. While it faces threats from competition and regulations, Zomato sees opportunities from expanding globally and increasing smartphone and internet users. Currently operating in over 10,000 cities across 23 countries, Zomato's vision is to help users find great places to eat anywhere in the world.
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How does swiggy makes money
- 1. How Does SWIGGY Makes Money?
- 2. What is Swiggy's Profit and how does it make money? • The company ties up with Restaurants in a neighborhood and delivers it to the customers doorstep. • Swiggy eliminates the hassle of you going to a restaurant just to take a parcel and also makes the delivery process easier for the restaurants so that they can do their routine work and not lose out on the delivery orders.
- 3. The revenue model of swiggy is very simple and clear in its idea. • Swiggy takes a percentage of orders generated through the app/website for the restaurants as commission. • The food-tech startup takes almost 20% commission and it used to take delivery charges on order below Rs.200 but now have waived off the delivery fee for a limited time.
- 4. The swag Swiggy has that others Don't • The most important element that differentiates this company from the other Hyperlocal food delivery startups is – It claims to be more reliable and faster than it’s competitors Zomato,TinyOwl and Foodpanda. • Swiggy average delivery time is close to 37 minutes and this is what makes it stand apart. According to the company, the reason why people prefer Domino’s is mainly because their delivery time is just 30 minutes which no one has been able to catch up with in the last 10-15 years. Similarly, 37 minutes is a differentiating factor for us in this space. After all who like to wait for food?
- 5. ADVANTAGE • TIMELY DELIVERY • TRACK ORDER STATUS • NO MINIMUM ORDER • PAY VIA CARD/CASH • RELIABLE