How to Generate High ROI on Launching Food Delivery Business like UberEats

1. HOW TO GENERATE HIGH ROI FROM FOOD DELIVERY BUSINESS LIKE UBEREATS s t a r t u p m a r t . n e t

2. What is the source of revenue?  The main aim of starting a business is to earn money. Before starting a business one must know the ways of earning money in that business. Here are some of the ways of generating revenue in the online food delivery business. s t a r t u p m a r t . n e t

3. ADVERTISEMENTS s t a r t u p m a r t . n e t

4. This is one of the best ways to monetize. Advertise means, if a restaurant wants to be in the top priority listing, they can pay an amount and be in the top list. The restaurant appears at the top of the search list for a particular period. Swiggy’s main source of profit is by advertisements. s t a r t u p m a r t . n e t

5. Restaurants pay the amount to swiggy for being a member. Likewise, uber also charges restaurants for marketing. Through this, the user gets attracted more to the one which appears first on the search result. This is the main concept of making money through advertisements. s t a r t u p m a r t . n e t

6. COMMISSION BASED s t a r t u p m a r t . n e t

7. The next source of income is by the commission. The delivery app gets a commission from the user for using the app for ordering the money. And same as of that the restaurant also pays a certain percentage of the amount as commission. The commission percentage should be a pre-defined one with the restaurants. s t a r t u p m a r t . n e t

8. DELIVERY CHARGES s t a r t u p m a r t . n e t

9. If a restaurant has its own delivery team there is no need for the charge. In case, if the restaurants have no delivery service, the delivery app charges the restaurant for delivering the food to the customer. s t a r t u p m a r t . n e t

10. Delivery fees can be a percentage of the order price or a flat fee depending on the distance. Swiggy has got 30-35% of the order price as the delivery charge, Uber charges flat rate starting from $4.99 and varies from the distance, Foodpanda charges 2% service charge and 10% commission. s t a r t u p m a r t . n e t

11. PEAK HOURS PRICING s t a r t u p m a r t . n e t

12. One more way of monetizing is demand-based pricing. In this, the extra amount is charged during peak hours. For example, the delivery charges can be doubles during a rainy day. Likewise, UberEats sets an extra amount during lunch and dinner. During this time, they limit the menus and location and make a demand. Then Charges surge price for making it available. s t a r t u p m a r t . n e t

13. WHAT IS THE BASIC ELEMENT OF AN UBEREATS CLONE APP? s t a r t u p m a r t . n e t

14. Several features should be included in an UberEats Clone app/web. Let me list out some of them below,  - Isolated panels for restaurants, drivers and users. - Multiple Payment modules s t a r t u p m a r t . n e t

15. - Offers and promo code - 24/7 technical support - Details of the executive and the user - Cancellation and refund s t a r t u p m a r t . n e t

16. BOTTOM LINE s t a r t u p m a r t . n e t

17. Build a food delivery App/Web which is strong enough to compete with the existing business models. As of the statista, the online food delivery business is going to rock the stage. So it is a good time to start your online food delivery business like UberEats. s t a r t u p m a r t . n e t

18. Startupmart delivers the best UberEats Clone App called ByDooEats for your business. If you are about to take a step in the food delivery industry, with your startup ideas, talk to our experts to enhance your business with innovative technology s t a r t u p m a r t . n e t