Zomato has become a household name for facilitating instant food delivery of a variety of cuisines in 24 countries, covering more than 10,000 cities. It is also planning to raise a humongous $1 billion in funds through an Initial Public Offering (IPO) soon. The IPO will place Zomato at a huge value of $6-8 billion in the market.
It also increased the payout for its 150,000 delivery executives who were affected by the rise in prices of petrol and diesel. An extra component called “Distance Pay” will be added to their regular earnings leading to 7 or 8% extra income.
The various advantages for firms aspiring to enter the food delivery space
- A massive increase in the business volume with more revenue and profits.
The issue of special discounts to boost the total number of orders on the platform. - The presence of a trustworthy logistics team for timely order fulfillment and ensuring the highest level of customer satisfaction.
- Access to detailed reports to know the latest trends of the industry and user behaviour.
- This will help the business to make the best decisions benefiting all the stakeholders.
The eye-catching features of an app like Zomato are:
- Contactless delivery
- The provision of multilingual technical support
- A search and filter option
- Social media login option
- A rating and review system
- Integration with multiple payment gateways
Final Thoughts
Zomato is a perfect example of how massive growth in the market can be achieved through detailed planning and glitch-free execution. Its smart insights about the food habits of customers have helped it to score big in the market. Hence, enter the highly lucrative business of online food delivery app development now with the Zomato clone to get resounding success soon.
readmore @ Lead the food delivery industry with the Zomato clone
